Ether is magical fairy dust, and that's exactly what you're getting for your BTC. An unknown quantity, of unknown supply and of unknown value.
- "An unknown quantity" - wrong, you know the exact quantity when buying - "unknown supply" - correct, but supply will be known when IPO ends, model of supply is pretty clear - "unknown value" - at this moment there's a fixed price in BTC. Yes, you don't know what the value will be at launch, but you also don't know what will be the value of BTC or any other altcoin (or... anything) on then. Riddle me this. If Ethereum is part PoW then what exactly is being PoWed? There you go. He's right in that there's an infinite quantity of Ethereum and you know how fickle many coins can be if there's inflation (especially inflation through an infinite supply of a coin). By the way a big IPO is often a discouragement at best. Anyone who wants Ethereum has already bought it - so who exactly is going to come in after launch to acquire it? You should be building the userbase before you build the capitalization, not the other way around, but not like Vitalik cares as Ethereum was always a Goldman Sachs' operation to make a few bucks overnight.
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Minutes ago there have been updates on twitter that 20 Russian IFVs are in Ukraine and are heading towards the conflict zone, according to business insider.
Not enough for an invasion - probably just some Cuban-styled standoff to see if the Ukrainians will shoot.
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Not a fan of Jed Mcaleb but I LOL at the guy who says "Market cap too high"
It's only $2.5 million dollars, that is the market cap of a small company with a few employees or a small mansion. All the alt kids need to get out and join the real world sometime.
A lot more than just $2.5 million. This is a cash cow that Jed will be milking for awhile. Between his activities in Ripple and Stellar, he could very well be the first crypto billionaire (that isn't anonymous like Satoshi)
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Do you guys think it's worth investing in STR?
No. It's a 100 billion premine and they've only issued like 400 million so far. Yeah so Stellar-Stripe ("SS") is sitting on a 99.6% premine. They're also planning some hypothetical air drop (like Aurora's failed attempt) of some 20 billion coins for holders of Bitcoin and Ripple. So I expect there to be dumps from the air drops and then when Stellar needs money for Lamborghinis. As well the air drop for Ripple holders is a joke since Jed already owns a huge amount of Ripple, so it's like gifting himself free coins (on top of his supposed 3 billion coins he's already getting). Stellar is more like an education coin - it introduces people to the concept of crypto currencies, much like Doge, who then move onto better coins and/or investments.
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Okay, so they just stole our facebook info? My balance have been "connecting..." for many hours now....
Stolen? Did you click the box that gave them permission to your profile? If so it wasn't stolen. You'll get your coins and if not, maybe your FB account was flagged. Did you contact support @ stellar? I said they just stole our facebook info, not our facebook accounts. My facebook is legit and many other ppl have this same problem too. It's a liability. They have your info now. Companies sell Facebook information to the highest bidder all the time. I am not suggesting they would do it, although stranger things have happened, but what if some mafia people somehow got that info? I would be more concerned about that than say Stellar corporation forwarding your private information to the authorities (which can also happen too)
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I don't know why the main NxT developer is going around the alternate section trolling every coin.
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How about a coin that will only go up in price?
How would that be done Contracting supply affecting all wallets? The price goes up, although the $Fiat amount in your wallet may go down.
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Scandinavia prosperity had a lot to do with being a trade conduit between NATO and the USSR in the Cold War. 25% of Finland's exports were to the USSR and the percentages were similarly high to the rest of the WP. Finland had a monopoly on the production and distribution of certain imported goods in the USSR.
The Fernsehturm in East Berlin, for instance, was built by Swedes. The Scandinavians received all sorts of preferential trade agreements and contracts by both sides of the Cold War in order to win their favour or to keep them neutral, and this benefited their economies a great deal.
Nowadays the Scandinavians are saying their economies are in a stagnation and their welfare state is disappearing. Not surprised since it was a bubble based on the assumption that a transfer of wealth from the United States and the Soviet Union into Scandinavia would last forever.
Reality is that former Scandinavian exports and contracts have since gone to China and Germany.
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Poverty in a developed country cannot be compared with being impoverished in a poor one.
Homeless people living on the streets is largely an American phenomenon as elsewhere in the world there is either an extended family support network or a lack of zoning enforcement. How many people in Africa or the Middle East live under a highway underpass? Very few as they'll just build anything they can.
Israel, for instance, is always bulldozing illegal home in the Gaza Strip. Even Spain, which some would classify as being second world, has a lot of illegal homes (some of them being mansions) owned by the otherwise destitute on paper.
The problem the United States is that its' a very energy intensive society (need a car to do anything due to the low population density) and a very regulated environment. That makes it being homeless very difficult as if you don't have money for a car or even for a bus pass, how do you get to a place like Costco to get cheaper bulk food? Ditto.
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Right. Maybe the textile company which produced it is from there but who do you think distributed it or provided the capital? Some American.
The guy in the OP is full of it - you can't ban American products without banning 80% of everything you use in everyday life, either the idea / concept came from America, it was produced in America or it was the result of American capital. A Russia isolated from America (and even Europe - as I said most Ladas were ripoffs off Italian cars) would be back in the Medieval Ages.
Another little more and Russia ban export of titanium for Boeing. About this video: someone lost consumers and someone will be fired or go bankrupt. Check Medieval Tigr. Titanium? As if it's available nowhere else in the world? So Russia is a road stop for western investors to plot a mine down upon? Russia is the Chile / Bolivia of Europe?
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Everyone is dumping their coins to get in on NxT.
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EMP who? You realize banking this day and age is all digital right? EMP over the US and all your savings account would state: "$0" as the banking servers are centralized in a few locations.
Better yet, as we saw in Iraq, all you need is a few guns and an USB stick to rob $500 million.
Crypto currencies are decentralized - for you to wipe out a crypto currency you would have to EMP the whole planet and somehow wipe out the internet (which was built to withstand a nuclear war).
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BCnext and UtopianFuture. Right now posing as "Kora"
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He might be a troll but I agreed with his observation. Since LTC is no longer ASIC resistant, it has nothing to offer to any prospective new buyers.
The day traders are keeping LTC alive but LTC, for all intensive purposes, was abandoned when Charlie Lee agreed to go to work for coinbase (which has yet to add LTC themselves).
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And if you think that NXT intends to implement (and already has done a lot) everything Ethereum intends to implement (Smart Contracts, Automated Transactions, Turing blabla completeness), but much cheaper, you'd be rolling on the floor laughing at who in their right mind and in total sanity would have invested in Ethereum. Those 'investors' will be very surprised to find out what they burned their bitcoins on. Rude awakening, so to speak.
"But Brawndo's got what plants crave. It's got electrolytes" is effectively Ethereum's marketing.
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I've known about it being a PoS / PoW hybrid since January? PoW coins all die from professional miners and hardware kings who dump.
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The interesting thing is that the Alts were going down like a day or two before Bitcoin did. What did the alt holders know that the Bitcoin masses did not?
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BTC DOWN TO $540? Looks like vitalik is dumping I mean, come on people, don't you see the resemblance? Pirateat40/Vitalikat20 Hmmm... this is a possibility which didn't occur to most of us but could be legitimate. What was the address of Ethereum's Bitcoin wallet? Even if it's untouched, we both know that Ethereum is not going to sit on $20 million in some BTC wallet - they have some physical office, employees to pay, the angel investors have to be paid, et cetera.
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