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@Kimi80. I did not watch the race but did Sebastian's 2nd pitstop done under the virtual safety car? That usually happens because they see it as an opportunity to change tires with not too much risk because overtaking is not allowed.
Also how many laps to go and what tires did he use?
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But frankly I would preferably have Megan Anderson than Cyborg to watch on every featherweight women's championship fights hehehe. Cyborg is very hard to look at. She looks like a man!
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That is another way to gauge if there is some interest in an Ethereum futures market. I reckon there is and the Wall Street whales must be saying that the cryptospace is ready for harvest hehehe.
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I'm a millenial and it's the best option compared to other companies that offers retirement investment. I have seen a lot of them went bankrupt so I would definitely go with btc that I really own and not in somebody's control.
Really? What cryptcoin projects are you invested in and planning on investing in? The millenials might also be making a very huge error in judgement by speculating in the cryptospace for their retirement savings. |
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Also this brings the bitcoin versus gold, and the bitcoin as a store of value first versus as a medium of exchange first debates.
I reckon bitcoin is more of a digital gold to be used as a store of value first and as a currency next. Some altcoins like bitcoin cash consider their coins as mediums of exchange first and store of value next.
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ignorance to the max,this is same as if we attribute wind to the fact that the trees are moving
miners produce less than 5% of any large exchange trade volume daily,even if every single bitcoin they mine is sold,it would not drive the price up or down too much
according to the writer's logics if the price of electricity rises to 100$ kw/h,the price of bitcoin will go up 1000 times?
it is in no direct correlation with the hash rate and as soon as the cost to mine the coins is way too high,the difficulty will drop,selfregulating
if the price soars to 64k next year (which I highly doubt,by the way) it will be due to a host of different factors
Agreed. The price was never influenced by fundamentals alone. I reckon it has more to do with speculation, hype, pumping and fear of missing out by people buy and selling as a collective. It is the market that decides the price. |
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I wish to see a combined 10 trillion marketcap for the whole cryptospace and a global financial crash on mainstream investments like stocks, bonds and commodities, followed by a 10 year bear market.
I reckon that would surely make them change their statements on the cryptospace because those hypocrites love nothing else but profit. They would probably start saying dogecoins are a good investment, buy some hehehe.
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@peter0425. Yes Dana's comeback script planned for Anderson will not be realized because Anderson is simply too old. There are other fighters better for that script, like Jon Jones and Ronda Rousey.
In any case, the main card will start in 15 minutes.
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Aeon is now down under 20k satoshis. I cancelled my remaining orders to buy on and below 15k satoshis. I reckon if it goes down there it might take another long time to go back over 20k
I am very disappointed in Aeon's performance in the market.
slight bounce on bittrex, we shall see.. Agreed. But it is really not very convincing to buy more Aeons. There are better cryptocoins in the market that can give you a better return on investment. Also Aeon's volume has to improve. It is hard to buy 1000 coins without moving the price. |
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@boomboombazooka. Yes I hope so. Aeon has been around longer than most other altcoins but the newer coins have 10x more value in marketcap only because they are marketing their coins well.
But if we look at Aeon, we have nothing. After the code rebase, it will be a Monero copy cat once again. I hope that will change as it develops.
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AUGUR just got a Binance listing, currently the most popular crypto exchange as you know.
It's very typical for new coins to explode in price after such a listing, and they will trade with high volatility for a while after that as well...
If that's the only reason then everyone should expect the dump to occur anytime hehe. The Augur development team has been developing their prediction market platform for years now without any public releases. But they do have a closed beta. |
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I was thinking about this over this weekend. Are we the shitcoin? I criticize Ethereum and other cryptocoins for being centralized but I have not looked at the coin I support more objectively.
We have low market capitalization, a very low volume orderbook and the code is very outdated, but soon will only be a Monero copycat.
Also, if I wanted to dump all my coins, I can't because it would crash the price. I am not saying I am a whale. It will not take that much to crash Aeon.
I think it's unfair to call AEON a shitcoin. It does not have any shiny new exciting features, but at least it was fairly launched without a pre-mine. 'Shitcoin' is a technical term, and aeon does not meet the definition at all, we have a good dev, good tech, and not much bullshit hype and pumping going on ever, so i would say aeon is a top coin in the second tier of cryptos that are basically copies of earlier coins but with a few tweaks and ability to experiment without involving the parent coin. I would imagine most xmr whales have a few aeon as a hedge. I can see your point and I agree, we have a good developer. But Aeon's development is very behind, the code rebase will only make it a Monero copy cat and it does not have enough volume and liquidity in the exchanges. As a counterargument, Ethereum had an ICO and some bullshit hype and pumping. Is it a shitcoin? |
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@1Referee. Not even if it serves Bill Gates and his friends' self interests? I reckon he and the other billionaire bitcoin haters have a hidden agenda that wants to kill bitcoin and subserve their own cryptocoin solution.
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Also the bitcoin news media outlets also love to spread FUD based on anything they see that would sell. bitcoin news media like to publish rumors, it has become something very annoying because they create expectation in people for days after we know that it is not true it was just another rumor Similar to the news about Ethereum last weekend. The bitcoin news sites said the SEC was going to make a decision on Ethereum's classification as a security. But the truth, it was nothing but a closed door discussion about blockchain technology.
I was very anxious about this and then I saw that it was another false hope created by the news channels
according to what I have read, the possible reasons for the fall in prices are these: Bitcoin Loses $9K Support As Markets React To S. Korea Investigation, Mt.Gox Sell-Offtrue or not, the price fell very quickly That news from South Korea might be another attempt to create FUD again. The cryptospace news media websites are very quick to publish that story about the Upbit executive embezzling money without knowing why the investigators were really there. I reckon we would have to wait for the truth to come out in a few days. |
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@ZaoXhou. Agreed, that might be it. Also the bitcoin news media outlets also love to spread FUD based on anything they see that would sell.
Similar to the news about Ethereum last weekend. The bitcoin news sites said the SEC was going to make a decision on Ethereum's classification as a security. But the truth, it was nothing but a closed door discussion about blockchain technology.
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The lack of discussion of these kinds of matters about the cryptospace is very revealing that the people who are new to the forum only care about ICO bounties, pump and dumps and fiat. What a very sad sight the forum has become. In any case, I know I have my share of criticism on Ethereum's slight partiality on centralization. But if it must move forward and do a hard fork to proof of stake, then I reckon some amount of centralization will be needed to avoid another blockchain split. The critics should give them some space if they want to see it succeed.  The “it” was a recent meeting in Toronto, Canada of Ethereum players, promptly blasted by Catallaxy co-founder and Satoshi Portal CEO (Bylls) Francis Pouliot. He described the event as a “Secret meeting of Ethereum management committee,” in a Tweetstorm for the ages, continuing about how “blockchain governance rules were decided by the stakeholders.”
“This is insane,” Mr. Pouliot insisted. “They are establishing a plutocratic government. This has provably failed with Bitcoin (UASF/NO2X). Does anybody even care?” The evidence marshalled for the slam came from a lone news source, which described the event in worrying terms, according to Mr. Pouliot’s reading.
And it does appear discussions about decentralization, mining, scarcity, and the infamous cases of frozen funds were had in Toronto. However, the cryptosphere seemed unconvinced about a cabal, and took Mr. Pouliot to task. Principal Lane Rettig argued “The event was not secret, in fact we livestreamed a lot of it. We also did a public AMA. There is no ‘Ethereum management committee’ and no rules were made. Please get your facts right. Your message is intellectually dishonest.” Mr. Pouliot shot back paraphrasing attributed to Mr. Rettig, and the thread continued along those lines.Read in full https://news.bitcoin.com/ethereum-founder-responds-to-charges-of-insane-plutocratic-governance/ |
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Allow me to point out that Anderson Silva's fight versus Derek Brunson was a very close one, and the win was inclined towards Derek. But the judges scored it for Anderson to everyone's and also to his surprise.
I reckon Derek had him, but Dana White might have had comeback plans for Anderson during that time hehehe.
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So if you're not producing anything, you can't go up in price. No product - no value. How does a domain gain value before it's even associated with a site? There are addresses that haven't been used, but they are already valuable and they aren't tangible, you 're simply buying a contract that makes you the owner for a limited time.
I was expecting Gates to be smarter, but that was before he opened his mouth.
But he really is smarter than that. He is a tech guy, he knows what bitcoin is and its potential for financial disruption. He had a few interviews where said highly of bitcoin as our generation's tour de force. But again, he is also a very close, personal friend of Warren Buffet hehehe. Maybe Warren's influence caused the change of heart. |
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Before anyone accuses me of spreading doom again as someone told me hehehe, this thread is for the sake of speculation and discussion only. Please humor me. In any case, I was under the impression that the Mt. Gox trustee was given a court order not to touch those coins. I do not know what really happened, but the timing of the transaction and the market dump hours later is very conspicuous.  The transactions from the Mt. Gox cold wallets occurred in the early hours of the morning in Europe and 11 pm EST in the US. The transactions were sent to the address 1LncfoCX1yzuiW3hzejarvgZ1WahnAQ4o4 and totaled 8,214.97084 BTC, which is worth around $76.7 Million at press time.
The original movement Mt. Gox funds are thought to have kicked off the bear market starting in January of this year. But this time it’s different; institutions are coming to the crypto markets, and how these markets will react to this new movement of funds remains to be seen.Read more https://blokt.com/news/mt-gox-cold-wallet-moves-8200-btc-will-bitcoin-dump |
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I reckon the critics might have the situation overblown. Ethereum did not have a secret meeting, it was streamed online but it was invite only. Also the plans for governance should also be seen from their side, not only from the critics' side. Ethereum will go through the most important hard fork of its life. Some centralization should be needed to make sure a split does not happen again. The critics should also not call for decentralization for decentralization's sake.  A gathering of Ethereum experts happened in Toronto, Canada, with a view to finding a centralized solution to some of the network’s scaling problems. And while this event may be too esoteric for most ETH investors, the community may see worrying signs of the Ethereum ecosystem becoming centralized, and in the hands of a few developers, much like the Bitcoin governance.
With a market capitalization of more than 76 billion, Ethereum is a high-stakes network with a valuable digital asset - and it is unknown if the wider community can continue to steer the project, without some centralized decisions.
Ethereum is facing an evolution into a proof of stake coin, and many decisions are still pending. But what may threaten Ethereum are potential corporate interests getting injected into the governance process.
But some see a paradox, in the fact that Buterin is still acting, at least in part, as an idea leader to the project. One recent point of contention was the desire of the community to achieve ASIC resistance of Ethereum via a hard fork. However, Buterin spoke against such actions, and the Ethereum network is about to see the inflow of Bitmain’s new machines coming to the market soon.Read more https://cryptovest.com/news/ethereum-tzars-the-network-faces-governance-issues/ |
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