Thinking it and not saying it doesn't count, sorry. "inflate the least" is a completely meaningless term, because it does nothing to establish fiat currency itself will be worth a damn, or how far the buying power as a whole will drop for them all.
Okay, so when you ask how much will a dollar be worth, what denomination to propose to value it in?
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JPMorgan unveils first bank-backed 'JPM Coin' cryptocurrencyhttps://bitcoinist.com/jpmorgan-jpm-coin-cryptocurrency/https://www.coindesk.com/jpmorgan-moving-its-in-house-crypto-to-real-world-trials-report"Called JPM Coin, the token has been developed by engineers at the bank, according to a report from CNBC on Thursday, and is moving to real world trials in “a few months” For the effort, JPM Coin will be used to settle a small portion of its transactions between clients of its wholesale payments business in real time, CNBC says. The bank moves over $6 trillion daily as part of that business, it adds. Speaking to the news source, Umar Farooq, JPMorgan’s blockchain lead, posited three main use cases for the bank token, including replacing wire transfers for international payments by large corporate clients and cutting settlement times from days to just moments. It could also be used to provide instant settlement for securities issuances, as well as to replace U.S. dollars at held internatinally by subsidiaries of major corporations using JPMorgan’s treasury services." Interesting... sounds like a very specific Ripple. Pretty happy they're not trying to raise money via ICO.
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The question is not will Bitcoin be above $500000 by 2020, it is what will $1 be worth?
My guess is $1. It will still be the world's #1 reserve currency, and still the most stable and widely used. Worldwide economic turmoil between now and then will only result in a strengthened dollar. Thanks for the non-answer. The question is of buying power. Saying a dollar will be worth a dollar is like calling water wet. "buying power" = the dollar will inflate the least out of every single other currency in the world between now and 2020 = I already explained that to you.
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Right, you just proved my point... The median ETH tx fee is currently 32,000 GWEI... this means somebody would need to send about 80,000 FREE in order to equal the gas cost for the transaction. So Ben's model of their being enough FREE for each person on the planet to have 1,400 is bogus. Why send 1,000 of 1 coin when the cost is 80,000 to send it?
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I guess you'll have to live with it. Many are playing their game in an attempt to lower prices and buy lower. Others are really trying to warn other members because let's be honest: in 95% of the cases, these projects really are scams and shitcoins. So in general, we're lucky enough to have this freedom of expression. I've not been on the Altcoin Discussion threads for quite some time, so I completely forgot about the FUDers. 1. The thread isn't in Altcoin Discussion, its in Announcements. 2. Did you not read the post immediately above yours which was written by somebody who has actual knowledge of the situation?
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I was about to declare my first WO poll victory by successfully guessing between $3600 - $3800 but my hopes were suddenly dashed, unless you go by Bitfinex prices...
I studied it a while back and I still don't understand why the $100 premium over there still exists... What's up with that? How come people haven't found a way to arbitrage it down to equilibrium? Just too hard to move coins in and out of there?
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The question is not will Bitcoin be above $500000 by 2020, it is what will $1 be worth?
My guess is $1. It will still be the world's #1 reserve currency, and still the most stable and widely used. Worldwide economic turmoil between now and then will only result in a strengthened dollar.
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Meh. Anybody can make a fork of bitcoin. This won't end up being anything.
I'm of the opinion that 1 MB blocks is the way to go, with the current blockchain in place. Its worked this far and been more successful than anybody's wildest imagination after 10 years.
If Bitcoin were a company traded on NASDAQ it would currently be the 30th biggest by market cap. Not too shabby.
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Also, they're not FUDders. They're genuinely pissed off about the lack of progress being made. "FUD" implies they are attempting to discredit the project so its coin will fall in value and they can buy it for cheaper. That's not the case with what you have going on in your thread.
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We think the behaviour of these users goes against the very purpose of Bitcointalk (or any forum). Checking our thread it is easy to see that Nimiq has always answered all questions, keeping honesty and transparency in high value. We ask for help to keep the thread civilized, allowing Bitcointalk readers to be able to read it. I previously took an in-depth look at your project and I have to say the problem you're mostly suffering from is a bunch of genuinely angry investors. They feel cheated. Sounds like there hasn't been much development as of late and if you (or the Nimiq team) wants to quell them you should give them some reason for hope.
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The prostitutes one and the bath salts one are hilarious..
You mean those aren't just women 40-50 years his younger that just happen to adore him? (/s)
I was gonna say he looks awful and I can't believe he stopped doing drugs 34 years ago, but then I looked him up and he's currently 73, so... OK I can believe it. Maybe he's hoping he'll die before he has to eat his own dick... or else maybe it will simply fall off on its own. Seems to be in 2016 or 2017... Before it was pumped up to 20k
Still quite a ways to go before $500k. Don't think that's happening.
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here you go ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FLhj86gu.png&t=664&c=jnb38Xw2mB54GA) I saw this. Looks like Wright got shut down by a kid. All the intellect and wisdom in the world is no match for somebody unencumbered by pathological narcissism and sociopathy.
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All altcoins are dependent on the price of bitcoin, so if bitcoin falls, so will altcoins. If bitcoin rises, so will altcoins. Coins rarely break away from the pack. The 1 coin out of the top 100 that managed to _increase_ in price against BTC during the last 14 months or so was Binance Coin (BNB) -- all others fell.
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That is to say if the trust system had an objective standard of evidence of theft, violation of contractual agreement, or violation of applicable laws none of this would have ever been an issue to begin with.
I have no disagreements to this philosophy, and I agree it would be easier to have guidelines to follow. But I'll risk a speculation: that's probably not the decentralized vision theymos has for this forum. In the short time I've been here it's been made pretty clear that theymos is libertarian. And so yes, libertarian philosophy and lack of authority may lead to anarchy. As long as nobody loses an eye, I'm enjoying witnessing this unique study in human behavior. The problem with enforcing an "objective standard" is that that in itself can be pretty subjective and is dependent on enforcers of the standard to themselves be completely unbiased, which isn't gonna happen. I don't know what OP's problem is. He has a good trust rating. None of the changes effect his ability to carry out his business on the forum, which it sounds like his life is dependent upon -- he can still see negative trusts he leaves for other people. He won't rest until things are exactly the way he wants them, which again, isn't gonna happen. It just sounds like he's been crying for the last 4 years straight. Sorry for "derailing" your thread.
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And yes, technical speaken we are a "token", not a coin. But are we a scam because we call ourself a coin ? Then Binance Coin (BNB) is also a scam, because it is also a token on the ETH network. And 95 % of all coins are scams, because they are also tokens on the ETH or ETC blockchain ?
No, you're a scam because you're promising / suggesting your token will accrue insane returns without explaining why. As was mentioned in the post above, the only reason you give to people as to why they should buy your token is "because it will increase in value." Nobody ever said anything about you calling your token a coin the reason why you're a scam. You're a scam for a long laundry list of other reasons: 1. No team (sounds like its just you at this point) 2. No roadmap (outside of your huge price increase expectations) 3. No real ideas, much less innovation 4. You want to be a "universal currency" but ignore the fact that people already need ETH to transact your token. 5. You won't publish the addresses of your locked coins, and it would appear that coins are being moved from the one with 4 billion to exchanges. On top of all of this, the token's price movements can be characterized by a flurry of suckerings. you have your highest volume at low prices, and lowest volume at high prices. Everybody who buys in for more than 1 gwei always gets smashed. There's no reason this would ever change.
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I do not know the logic of BCH but I always believe in this coin, I see that they always grow taller than BTC and ETH, I always choose to hold this coin, they give me high profit.
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I couldn't stop to laugh after reading your post. You don't know "the logic" but you "always believe in"! Roger Ver alone will destroy Bitcoin cash and it will become a hated coin, abandoned by everyone, even the fans will left! Nobody is using Bitcoin cash... only the tradings bots... Even the less popular altcoins like Dogecoin have more TXs than Bitcoin cash https://bitinfocharts.com/comparison/dogecoin-transactions.htmlhttps://bitinfocharts.com/comparison/bitcoin%20cash-transactions.htmlThis was an awful post you quoted to begin with but I wonder how he feels about BCH now. It's done nothing but plummet in value, which was accelerated thanks to the fork. CSW and BSV are finished. Stick a fork in them, they're done. It was already some sort of blind faith in evil and greed that compelled people to continue believing in them in the first place, so I don't know what you call people who believe in them now. "Insane"?
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You may also want to add this lolacabe153I saw on one of the article link submitted by maeullmer has a "@lolacabe" in it. Yep, part of the farm, also created on Dec 24th. Out of curiosity I tried to find out how the leader was coming up with his naming scheme -- almost every name he used comes up in the 1940 U.S. Census, and most of them have obituaries... Pretty weird. He found a page of retirees somewhere and started using names from it.
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English food sucks as well except breakfast.
There is no such thing as English cuisine. There is food what you buy in England. Maybe not but they do make a good fish n chips.
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