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@jeremypwr. Thank you!
But just to inform you, I do not have my free bets yet.
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Pantera has made very healthy returns on their investments in the cryptospace. Would anyone agree in their $67,500 prediction by end of 2019 or do we have no right to challenge it? If yes, then is it better to be sheep and follow Pantera? If no, then would you say that you can beat Pantera's returns for the next 5 years?  On Friday (27 July 2018), blockchain-focused investment firm Pantera Capital Management revealed via a blog post that Pantera Bitcoin Fund had generated a return of 10,136.15% (net of fees and expenses) over the past five years; it also said that it expected the Bitcoin (BTC) price to reach $67,500 by the end of 2019.
Pantera was founded in 2013 by former trader and hedge fund manager Dan Morehead, who is the current co-chief investment officer and CEO. It has over $700 million in assets under management (across two venture funds and four cryptocurrency funds).
Pantera's Bitcoin Fund had its five-year anniversary this month. So, the firm thought it would be interesting to share, via two emails sent out to investors by the CEO in 2013, the basis for its original (and still going strong) belief that Bitcoin would become a global currency and revolutionize how we deal with cross-border payments. Below, we highlight a few key sections from these two emails (we have used bold face used for emphasis.Read in full https://www.cryptoglobe.com/latest/2018/07/pantera-capital-bitcoin-price-will-reach-67500-by-end-of-2019/ |
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The Russian government went through the same nonsense, but they were making different rules for different divisions in their government. Agreed, But this is a country where the next "silicon valley" is being made. I don't think they are unfamiliar with the tech which they are dealing with. The issue is more than just a piece of tech. If they approve it they are technically allowing the politicians to theft easily which is a huge issue in these developing countries. IMO it's the matter of how deep the money runs. If the Indian judges are bought/sold then we can expect a approval for the cryptos else there is a slim chance of getting the green signal. That is where Silicon Valley season 6 will be made? Oh no bollywood invasion hehehe. But also, there are the corrupt bank executives. They do not want competition on their money laundering and tax evasion services that they provide for the politicians, the criminals and the elite. Bitcoin will break that monopoly, I reckon. There was also someone in the forum who mentioned that the government does not want the average joe to have some money laundering abilities through bitcoin. |
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We can't be sure that bitcoin has bottomed already, because what is against new cycles of drops and ups with a light upward tendency? Even Novogratz said in the interview that he is not sure about it. And he still thinks we need a year for full recovery.
It may or may not have bottomed. It doesn't matter if you don't sell - you are only sitting on paper losses. It might take a year for full recovery. It might take two. But as long as you have the confidence and sit tight, you should make lots of money. Also, bitcoin has a very good future ahead of it. Better than all the other cryptocoins. The people who say that it is old or dying are those who are either new in the cryptospace or altcoin bagholders hehehe. |
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Username: bbc.reporter
Post Count: 4250
BTC Address (must be SegWit): 3D7SpFWuq3MkHQaXTWbc92umQ1QHZfd4dB
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@jeffthebaker. If they have a massively popular product, that has millions of users in their marketplace, then why are they moving all their tokens to Binance? Is it for safe storage? Hehehe very doubtful.
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What are the best websites to follow the NBA? I want to be an expert in analyzing and betting. Then I need player statistics, team statistics, coach win loss statistics and the latest news.
Also, who are the expert NBA fans who deeply know the game in this subforum?
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@kryptqnick. Here is a direct question for you that others might have started to avoid answering because they have gotten it wrong a few times and might have given up hehehe.
Will we find a lower bottom for 2018 and 2019?
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@Betwrong, @Harlot. Before replying try to understand what I was trying to say. Bitcoin is really not a currency but software for a message passing system. How can you regulate one as a currency and Whatsapp or Discord as another? If India starts regulating bitcoin as a currency, it might set up a precedent that other message passing systems might be currencies too, which would be bad.
I reckon maybe ICOs cannot be regulated as securites also for the same reason.
I think when replying to a topic in the Press section we actually have two options: 1. discussing the opinion of the poster; 2. discussing the article itself. No offence, mate, but we just have chosen the latter.  Regarding your view of Bitcoin as a software for a message passing system I can only say that IMO the Supreme Court of India will be reviewing entirely another facet of this complex mechanism called Bitcoin. And since I think that the Supreme Court's decision will be made mostly in favor of BTC and other cryptos, there's no need to worry about them start regulating Whatsapp or Discord. ... Well they can start regulating anything they want, but we are talking about banning here, right? Which in a country like India will never happen neither to Bitcoin nor to Whatsapp or Discord. I reckon you do not understand. The supreme court of India should be careful what kind of decisions it is making on bitcoin by basing them on a constitution that is not made to regulate something like bitcoin. It would set a terrible precedent for the other message passing systems that are used in their country because bitcoin itself is but a message passing system of signed messages. I do not know India's constitution, but in America, bitcoin is also free speech that is protected by the 1st amendment. I understood it the first time and that's why I said that I'm sure that the Supreme Court's decision will be made mostly in favor of BTC, because otherwise it would be anti-constitutional. Nevertheless, I think it can be regulated to some degree in the same way that while free speech is protected by the 1st amendment, terrorist propaganda, for example, is forbidden. Then we can agree that bitcoin is unregulable and unbannable. I reckon the best India's supreme court could do is to allow bitcoin transactions in their country but minimally regulate only the services that accept and use bitcoin. |
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Before his win in Germany, Lewis has signed a new 2 year contract with Mercedes. What does this suggest for Daniel Ricciardo who was indirectly saying that he wanted to go drive for Mercedes? Valterri has also said that news of his extension with Mercedes will be announced.
I speculate if Kimi leaves Ferrari then Daniel will be Sebastian Vettel's new partner on 2019.
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Remember ladies and gentlemen, these types of stories only come out AFTER the big boys have invested.
I suspect Mike Novogratz is talking his book. He said in December that he wasn't interested in bitcoin - that was a sign he was shorting. Now he's announced that it's bottomed out - that's a sign he bought in around $6300.
Ditto stuff coming out from the likes of Soros. When they're slamming it, it means they're short. When they suddenly turn around and praise bitcoin, that means they've gone long and are trying to encourage the general public to get in, to force the price up.
Would that imply that he was only announcing his analysis that bitcoin has indeed bottomed out or his announcement was nothing but a trick to have everyone follow him, causing bitcoin to indeed bottom out? It might have already worked hehehe! |
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I reckon it will take 3 or 4 more years before we can see an implementation worthy of another softfork for Schnorr, then another round of miners taking their time to signal that they're ready to fork because of politics. Maybe 5 or 6 years before we can enjoy optional privacy.
There's no reason to believe that. A draft for a Schnorr BIP was published a few weeks ago. Hehehe it is better to overshoot estimates than to undershoot them to avoid disappointment. Also, there might be unforseen instances of politics being in the way for its activation. Jihan might want to keep delaying bitcoin's development to give his bitcoin cash an advantage. |
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@Theb. Fortuntely, India's supreme court is taking its time before making their decision. I hope their supreme court's research will cause them to know that bitcoin is not regulable as a currency or as a commodity in their present constitution. It will set a bad precedent.
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Does anyone have an opinion, or are we in a real stage of confusion? August 10 is 2 weeks away, and with everyone knowing that it might crash when whales sell the news, will it cause for the crash to occur days sooner because of the anticipation of the crash?
If anything is to go by the report, I read yesterday, I think the August 10 has been shifted forward till when we don't know. I am actually of the same opinion that whether ETF or not, price will fall, so also will price rise what would happen otherwise is ETF approval aiding the rise while disapproval aiding the fall. But its always encouraging that people should move beyond reacting to impending news before making their investment decisions because doing that would only confirm the argument that bitcoin is just an emerging currency that can swerve in any direction and most importantly not to be taken seriously. I have not seen any major currency reacting to speculations that cannot be founded. That might be good for the price because the anticipation that somethng might happen will pump the price more than something that was already confirmed in the news hehehe. I reckon only 1 of the 2 applications was postponed, the other one will be on the same date. |
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@Betwrong, @Harlot. Before replying try to understand what I was trying to say. Bitcoin is really not a currency but software for a message passing system. How can you regulate one as a currency and Whatsapp or Discord as another? If India starts regulating bitcoin as a currency, it might set up a precedent that other message passing systems might be currencies too, which would be bad.
I reckon maybe ICOs cannot be regulated as securites also for the same reason.
I think when replying to a topic in the Press section we actually have two options: 1. discussing the opinion of the poster; 2. discussing the article itself. No offence, mate, but we just have chosen the latter. Regarding your view of Bitcoin as a software for a message passing system I can only say that IMO the Supreme Court of India will be reviewing entirely another facet of this complex mechanism called Bitcoin. And since I think that the Supreme Court's decision will be made mostly in favor of BTC and other cryptos, there's no need to worry about them start regulating Whatsapp or Discord. ... Well they can start regulating anything they want, but we are talking about banning here, right? Which in a country like India will never happen neither to Bitcoin nor to Whatsapp or Discord. I reckon you do not understand. The supreme court of India should be careful what kind of decisions it is making on bitcoin by basing them on a constitution that is not made to regulate something like bitcoin. It would set a terrible precedent for the other message passing systems that are used in their country because bitcoin itself is but a message passing system of signed messages. I do not know India's constitution, but in America, bitcoin is also free speech that is protected by the 1st amendment. |
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@hatshepsut93. I reckon that not all of the exchanges and countries will follow Japan's strict policy versus anonymous cryptocoins. If there is demand to buy them, there will always he exchanges willing to list them.
I also reckon that Japan will not prohibit them forever.
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@Betwrong, @Harlot. Before replying try to understand what I was trying to say. Bitcoin is really not a currency but software for a message passing system. How can you regulate one as a currency and Whatsapp or Discord as another? If India starts regulating bitcoin as a currency, it might set up a precedent that other message passing systems might be currencies too, which would be bad.
I reckon maybe ICOs cannot be regulated as securites also for the same reason.
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Does anyone have an opinion, or are we in a real stage of confusion? August 10 is 2 weeks away, and with everyone knowing that it might crash when whales sell the news, will it cause for the crash to occur days sooner because of the anticipation of the crash?
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The absence of comments and advice might be showing that we are in a stage of confusion.
or it shows that the subject of reaching the bottom was already discussed elsewhere in multiple different topics and also shows that people don't care what some old hedge fund manager dude who advertises his BlockFi fundraising says about bitcoin price  Agreed. There were already many discussions where the bottom is going to be since January. Many thought it was on $15,000 or $10,000. I reckon they have already given up and have stopped resisting the bear market because some of them are now so sure that the bottom will be below $5000 hehehe. |
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@krach. Yes, we understand. The absolute intention is to purchase as much free lottery tickets for as long as 5Dimes' odds will pay for them hehehe.
Also, how long do opportunities like these last? I reckon the sportsbooks might take notice on it and lower the odds.
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