When btc halving i can predict AEON price is 10$ +
my reason :
1. Halving btc make it possible asic miners chooise to alts.
2. Another big alts competitor ATM change the algo to GPU and CPU ( asic resistant is strategy the team for long terms , maybe long down or stable )
3. mainly whales have a asic miners
4. so far until now we don't have USD pairs on exchange ( We only focus on BTC pairs, not USD )
So when we get some partners the price aeon will go up, and when we get some big asic miners, the price will still go up, and go up..
Bitcoin's mining algorithm is sha256. Their miners cannot mine Aeon or other cryptonote coins. They can only mine bitcoin cash forks. However, that would also not be as good for them as mining on bitcoin. |
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The corona virus has been attacked in many countries. Many People have died and many more people have been attacked this virus. so do you think situation with corona virus will impact the price of Bitcoin.
We don't need an epidemic just for Bitcoin to rise it will rise eventually because we just step in Bitcoin best year the halving year, so I don't want to connect the price of Bitcoin to Corona Virus,but if we are in the bear trend and the price pump then we can connect it to this epidemic. I am hoping someone soon develops a vaccine for this virus so that the world is saved from this deadly disease. It might also impact bitcoin mining if the virus spreads and develops further. Some bitcoin news media outlets are beginning to report that deliveries of mining equipment from China are delayed because of the virus quarantine. |
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@tromp. Would Grin's monetary policy not end similar to the diamond market where different groups come into agreement and does artificial scarcity by controling the supply of diamonds released in the market?
Release of Grin into the market is controlled by mathematics dictating 1 Grin/sec, which is beyond the control of any cartel. A cartel of all chip manufacturers, by TSCM, Samsung, Intel, etc. could produce superior Grin ASICs and keep them all to themselves, running them in their own data centers, and thus mine a majority of Grins. It would still be 1 Grin per second. There would be little point in doing that for Grin (at a huge loss) when it could be done for Bitcoin instead (at a smaller loss). In any case, in that exceedingly unlikely event, Grin could then change PoW. I reckon Asic miners might form a similar type of understanding. Would it not be the best for the Grin project if it copied Monero's exploration on Asic resistance to avoid formation of similar power groups?
Monero is just one ASIC away from realizing that their quest for ASIC resistance is futile. However the cartel would hold most of the coins from being released on the market to create artificial scarcity and manipulate the price, similar to what a cartel is doing on the diamond market. The cartel will have power over coin issuance. It might appear like they are the federal reserve hehehe. In any case, agreed. That was why we in the Aeon community supported smooth and stoffu's hardfork to kangaroo12 mining algorithm and welcomed Asics. However, for infinite emission, I reckon Asic resistance might be more of a serious concern? @Hueristic. What the source of this information? |
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I asked tromp in the announcement thread if it might be the best for Grin to be resistant to Asic because the big miners might form an understanding to manipulate the Grin market similar to the diamond market and create artificial scarcity by holding the coins.
Grin's mining situation might develop worse than bitcoin mining because Grin has infinite supply.
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@tromp. Would Grin's monetary policy not end similar to the diamond market where different groups come into agreement and does artificial scarcity by controling the supply of diamonds released in the market?
I reckon Asic miners might form a similar type of understanding. Would it not be the best for the Grin project if it copied Monero's exploration on Asic resistance to avoid formation of similar power groups?
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@bryant.coleman. I do not understand why listing some cryptocoins in the Nasdaq would stop scammers from scamming.
Also, do you support strict KYC on users? Exchanges that make it very hard on users to buy and sell coins might slow down adoption.
It won't stop the scammers from scamming. But if that occurs in NASDAQ, then the authorities can't give the usual excuse of not taking action against the criminals (the incident occurred at a jurisdiction, which is outside their area of operations). Scams would still occur, but the scammers won't be able to go scot free. Agreed. Scams would still occur, however, the people who run and play the Nasdaq, New York Stock Exchange, Wall Street are the old breed of scammers. The type of scammers that would convince the government steal their citizens' retirement money to give to them for them to play in the derivatives market similar to 2007 and 2008 hehehehehe. |
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I reckon that we should embrace it because it proves that bitcoin is working as Satoshi had intended it to be. We cannot stop the scoundrels from using it. However, the regulators cannot stop them from using it also hehehe. |
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Congratulations to the Chiefs and the bettors in this thread.
Also, baseball season is next, @wheelz1200 create the thread hehehe.
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@tyKiwanuka. San Francisco got the turnover!
Also, what kind of statistics do you study before you make your bet? I am only a football casual who cheers for both teams hehehe. I want to be a regular bettor on the next season, however.
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@Lucius. Criminals love fiat also, however, what is the percentage of criminal transactions from the whole? I reckon smaller than regular transactions.
I don't understand what you mean exactly, are you asking what is a percentage of regular BTC transaction compared to ones which allegedly involve illegal activities? We have data for first 3 months 2019 ($601 million dark/black market) and we have data for 2018 (in total $1.5 billion) - and based on this article Bitcoin on-chain transaction for 2019 was $673 billion. If the research of Chainalysis is true, then based on the first 3 months of 2019 we can say some $2 billion in the worst case, can be classified as illegal transactions. The numbers tell the true truth, it is a literally insignificant sum that is repeatedly tried to be displayed as a label "Bitcoin is the money of criminals". I was only showing the similarities of how small criminal transactions are compared to regular transactions in the cryptospace and the ratio of illegal transactions and regular transactions in the fiatspace. Similar. The article did not say bitcoin is money for criminals, similar to fiat, they love to use it. |
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Here's a tally of guesses for the Super Bowl scores so far:
nutildah: SF 24 - KC 22
Hueristic: SF 37 - KC 34
tyKiwanuka: SF 25 - KC 51
wheelz1200: SF 31 - KC 35
DireWolfM14: SF 49 - KC 3
willy2streams: SF 34 - KC 28
kingcolex: SF 28 - KC 24
South Park: SF 34 - KC 27
6 for SF vs 2 for KC, exactly mirrors the poll.
Don't think I missed anybody, so if you haven't put your guess in yet, now's the chance!
I only saw this now. Is there a a prize hehe? Prediction SF 37 - 24 In any case, I saw an interview of Dana White who was very excited that Tom Brady might play for the Las Vegas Raiders next season. It might be what the new franchise might need to sell tickets for their new stadium hehehe. What would Dana white know that everyone else doesnt know? He has as good as chance of playing in Las Vegas as he does anywhere else that doesnt have a star qb or young qb. My guess is that the patriots pay him to stay, who else is patriots gonna get in place of him. Draft a high pick young qb and have him learn a year under the goat Dana lives in Las Vegas and he and his group are looking for an NFL team to buy. I reckon that he might be updated on the news from behind. In any case, Go 49ers! |
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@tyKiwanuka. What was your worstest experience on bad luck, how long did it last and what did you do to overcome it mentally?
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Here's a tally of guesses for the Super Bowl scores so far:
nutildah: SF 24 - KC 22
Hueristic: SF 37 - KC 34
tyKiwanuka: SF 25 - KC 51
wheelz1200: SF 31 - KC 35
DireWolfM14: SF 49 - KC 3
willy2streams: SF 34 - KC 28
kingcolex: SF 28 - KC 24
South Park: SF 34 - KC 27
6 for SF vs 2 for KC, exactly mirrors the poll.
Don't think I missed anybody, so if you haven't put your guess in yet, now's the chance!
I only saw this now. Is there a a prize hehe? Prediction SF 37 - 24 In any case, I saw an interview of Dana White who was very excited that Tom Brady might play for the Las Vegas Raiders next season. It might be what the new franchise might need to sell tickets for their new stadium hehehe. |
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This article is for all the world war 3 and Corona virus is good for bitcoin people. It might also not be good. World war 3 will bring an electricity shortage, similar to Corona virus might bring a mining crisis. The Financial Times provoked the cryptocurrency community with the headline “Coronavirus is good for Bitcoin”Source https://crypto.bi/tape/wuhan-corona/amp/ Quote from the article: -First and most important question : what keeps Bitcoin running? Basically, it boils down to three macro components: 1. Miners 2. Full nodes 3. Functional network connectivity 4. Human operators and sysadmins Arguments in this article are weak. Miners can have a remote access to mining rigs. Nothing in article say how full nodes and functional network connectivity can suffer from some human virus. Everything in this world depends on human operators and sysadmins, not just crypto-currencies. Virus hurt people, it's better for us people to use crypto-currencies because they can't transfer viruses, like cash can, handling cards to each other. Crypto-currencies are a step ahead the virus! I don't like to think how viruses and wars affect Bitcoin and entire crypto-market. It's a negative side of this world, I don't wish crypto-currencies to make progress on some people misery, talking about it makes me feel bad. It's better for us to hope that things will be alright soon and that some doctors will find a medicine for this virus. Crypto-currencies will make progress, but not on other people misery! The article is of course arguable, however, the important message here is that events similar to world war 3 or a World War Z zombie virus might not also have an optimistic effect on the price of bitcoin. Sometimes I shake my head on why we can be so blind. |
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@gentlemand. Agreed. I might also have triggered some holders when I mentioned that bitcoin was more used as a speculative investment. When I posted about an article about its most important application, I reckon that it might have triggered them further hehehehe.
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@bryant.coleman. I do not understand why listing some cryptocoins in the Nasdaq would stop scammers from scamming.
Also, do you support strict KYC on users? Exchanges that make it very hard on users to buy and sell coins might slow down adoption.
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@ETFbitcoin. The cryptospace's transactions not in the darknet increased more. Also consider that cryptocoins included are BAT, BCH, BNB, BTC, CRO, CRPT, DAI, ETH, GNO, GUSD, HT, LEO, LINK, LTC, MCO, MKR, MLN, OMG, PAX, TUSD, USDC, USDT, WETH, ZIL, ZRZ. Those transactions might be high volume coming from and to exchanges.
.04% to .08% is an increase of 100% with total revenue increased to all time high of $790m.
@Lucius. Criminals love fiat also, however, what is the percentage of criminal transactions from the whole? I reckon smaller than regular transactions.
@Vishnu.Reang. Are you telling everyone that bitcoin should be censored for certain transactions that the community does not like because it might stop it to go to the moon?
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Jojo Rabbit on best costume design has become 2nd favorite behind Little Women from 11.00 to 3.25. Bet for it next for the best production design category. 76.00 odds hehehe.
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@estenity. We Aeon or we cryptospace?
Aeon with its very low market volume and very small orderbook liquidity can go out of a bear market anytime with manipulation hehe.
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This article is for all the world war 3 and Corona virus is good for bitcoin people. It might also not be good. World war 3 will bring an electricity shortage, similar to Corona virus might bring a mining crisis. The Financial Times provoked the cryptocurrency community with the headline “Coronavirus is good for Bitcoin”Source https://crypto.bi/tape/wuhan-corona/amp/ |
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