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@wheelz1200. Another one, Tampa Bay has forced the Astros for a 5th game hehe. The Astros also had Justin Verlander on the mound. What an upset this might also be.
Every series is tied 2-2 except the Yankees.
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The Ethereum Foundation and the developers are claiming that from the beginning, they knew that Ethereum would not scale. However, why did they promote it as a world computer? Was it only hype to pump the coin? Is this not similar to scamming. Will Ethereum 2.0 be the new world computer? They might do another good job pumping it hehehehe.  Joseph Lubin, co-founder of the second-largest cryptocurrency by market cap, acknowledged onstage at Ethereal Tel Aviv that the network, in its original form, wasn’t built for mass adoption. “We knew it wasn’t going to be scalable for sure,” the ConsenSys CEO said.Read in full https://www.coindesk.com/scam-or-iteration-at-devcon-ethereum-diehards-still-believe-in-2-0 |
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Early ETH was scalable, probably not just on a huge enough scale they imagined to the point that the whole world would be using it concurrently.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
Early Ethereum was not scalable. The transactions were fast because the blocks were not full and only few people used it. However, bring back the Cryptokitties hype, it would certainly slow down hehe. In any case, does the promise of ETH 2.0 their admission that Ethereum 1.0 is a failure? It appears so, I reckon. |
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I've no doubt they're closer towards Bitcoin ETF approval, but i think they barely moving compared with last time.
I bet Bitcoin ETF will be rejected or get pending status again
Also, this exciting news has already run out of its own hype. The ETF might be approved tomorrow, however, everyone has moved on to the next bitcoin hype. It might not move bitcoin's price anymore. Sportsbooks should begin offering odds on this hehehe. |
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@exstasie. Agreed! We have very similar views on this hehe. I had my doubts, however, it certainly appears that Fundstrat might have really dumped bitcoin. This article is based on the same interview. Tom Lee, Managing Partner and Head of Research at Fundstrat Global Advisor, thinks Visa could be a "long term winner" in the digital asset world.
On last week's episode of The Scoop, Lee told The Block that players like Visa, MasterCard and Facebook will likely emerge as market leaders, but that isn't the backbone of Fundstrat's investment thesis.
"The crypto piece of any traditional equity today is really a call option because it's not going to be the source of intrinsic value or the central thesis for any of these companies," he said.
Still, Lee said he thinks companies like Visa will become "huge winners" in a decentralized finance world supplanting many bank functions.Source https://www.theblockcrypto.com/linked/42399/fundstrats-tom-lee-says-the-visas-of-the-world-could-be-long-term-winners-in-crypto |
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@BitHodler. Bitcoin is a competitor to the privilege from the regulatory grey areas that only the rich can take advantage of. They do not want that similar privilege for everyone.
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@wheelz1200. The Astros can easily go to the world series as the Yankees can, I reckon.
The American league championship series between the 2 teams will also certainly be tougher than the world series itself hehehe.
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I speculate that Conor will be less on Dana's priorities now that he has found his new pet in Israel Adesanya hehehe.
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@Lucius. The skeptical me would ask if Fundstrat's new statements are implying that the have already sold their bitcoin?
Also, remember when Tom Lee said that bitcoin's fair value was on $14,000?
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Anthony Joshua is just one chicken in my opinion...and he lost all respect I had for him.
Why is he avoiding to fight best heavyweights at this moment Tyson Fury and Deontay Wilder?
Both of them are much better than Joshua.
If I'm not mistaken, there was a talk that Joshua and Wilder will fight, it didn't materialised because no one was giving an inch because the two has a big ego. And when the fight didn't push through, they go to the media and start accusing one another of derailing the fight. Joshua now has a unfinished business with with Ruiz and if he wins, then probably the table is open again for a fight with either Fury and Wilder. It is not ego. Negotiations for big fights are always about who takes the bigger portion of the purse. Boxing is presently more a business now than a sport. |
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Well, this is a good solution for me. Especially if Ethereum 2.0 will be supported by Binance. I don’t have the financial ability to have as many coins as needed for a stake. Therefore, such a platform is a very good way of staking for me.
That is not advisable. Binance has history of theft of their users' coins under their custody by hackers. It would be safer to hold eveything you do not trade in your wallet and join a staking pool. Also, for decentralization, Binance staking might not be good for Ethereum 2.0 itself. |
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Lee said he believes the cryptocurrency space is "too small for the institutional world." Lee goes on to compare bitcoin's relatively small market size to that of gold, stocks, and bonds. "Gold is 9 trillion. The stock market is 66 trillion the bond market is 86 trillion, bitcoin is not even half a percent of the total assets," Lee says, adding that "if you’re asking someone to allocate 1% to bitcoin — that’s like triple the market weighting, like you’re you’re asking someone to make a massive bet even though it’s 1% of their assets because bitcoin is that small."
"It’s probably correct I think about 1% of the U.S. owns bitcoin and at that size it’s too small for an institution, it’s a hobby," Lee concludes.
Another barrier preventing institutional investors from entering the cryptocurrency space is a lack of infrastructure, Lee says. However, Lee believes this is due to the lack of regulatory protection. "There’s not enough legal and regulatory protection for bitcoin in the U.S. to prevent a White House executive order banning bitcoin, like nothing today would prevent bitcoin from being outlawed in the U.S."
Due to regulatory uncertainty, Lee believes institutional investors will feel they are taking on "reputational risk" for "extending it to a market that has no regulatory protection..." Never thought I'd see Tom Lee so bearish on the fundamentals!  I always said if Tom Lee ever becomes a bear, that's the time to go all in. Well ladies and gentlemen, we've got our signal. We're probably on the verge of a major bull run now. It is not only about the fundamentals. I speculate he knew something would occur, however, it did not push through on the last minute. Also, if bitcoin pumps to $25k, !kcab si eeL moT hehehe. |
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? ok, so the actual Lightning devs seem to be saying that real-world instances of the exploit have happened, not just a bunch of whiners from competing cryptocurrencies. That's not to say that someone couldn't be deceiving the devs, you have to take these claims on trust, as it'd be simple to falsify any evidence. But I guess that must be the underlying point: some person who the Lightning devs genuinely trust have reported this to them.
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Our favorite permabull might be admitting defeat. Tom Lee was interviewed and it appears that he already has silently surrendered and ready to remove himself from his own bullishness on bitcoin. I reckon this might be because his speculations about institutional investors to buy bitcoin by this time of the year did not come to fruition. In this week's episode of The Scoop, Tom Lee, Managing Partner and Head of Research at Fundstrat Global Advisor, tells The Block about the barriers preventing institutions from investing in bitcoin.
"There's a mechanical issue for crypto in terms of infrastructure that’s needed but there’s probably also a size of market issue," Lee tells The Block.
Lee said he believes the cryptocurrency space is "too small for the institutional world." Lee goes on to compare bitcoin's relatively small market size to that of gold, stocks, and bonds. "Gold is 9 trillion. The stock market is 66 trillion the bond market is 86 trillion, bitcoin is not even half a percent of the total assets," Lee says, adding that "if you’re asking someone to allocate 1% to bitcoin — that’s like triple the market weighting, like you’re you’re asking someone to make a massive bet even though it’s 1% of their assets because bitcoin is that small."
"It’s probably correct I think about 1% of the U.S. owns bitcoin and at that size it’s too small for an institution, it’s a hobby," Lee concludes.
Another barrier preventing institutional investors from entering the cryptocurrency space is a lack of infrastructure, Lee says. However, Lee believes this is due to the lack of regulatory protection. "There’s not enough legal and regulatory protection for bitcoin in the U.S. to prevent a White House executive order banning bitcoin, like nothing today would prevent bitcoin from being outlawed in the U.S."
Due to regulatory uncertainty, Lee believes institutional investors will feel they are taking on "reputational risk" for "extending it to a market that has no regulatory protection..."Source https://www.theblockcrypto.com/linked/42086/tom-lee-on-the-main-hurdles-preventing-institutional-investors-from-getting-into-bitcoin |
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@Tipstar. It appears more like a fee demanded by the SEC to let past and present ICOs continue their projects. For future ICOs, we do not know. The SEC might stop it, however, how can the SEC do it unless they shutdown the platform hosting the ICO?
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Tom Lee oh Tom Lee where art thou my Tom Lee.
#Shakesperean haiku
No change in my prediction. Always $25k, for Tom Lee hehehe.
Please read prices Not valid Change it to $26k. Thank you. |
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@1Referee. Where is the fud? You also agree on the bugs and more hidden bugs. You have also mentioned that there are tradeoffs.
Also, I am wrong about saying the Lightning network is transforming bitcoin from safe to unsafe money. I should have said from safe transactions to unsafe transactions.
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@djsugar. Agreed. It might be because of his quiet manner and his unwillingness to join the trashtalking versus the other fighters.
@notblox1. He might lose, however, everyone will know why they call him Bobby Knuckles hehehehe.
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Is what Ripple doing something similar to an ICO? It appears it is, I reckon hehehe. It might also become the longest running ICO in the cryptospace's history hehehe. I predict another settlement with the SEC to continue operations hehe.  Ripple just unlocked $1 billion XRP worth $256 million from escrow.
The movement makes the funds available for the company to sell to crypto exchanges, institutions and other third parties.Ripple owns more than half of all XRP in existence and created the escrow account in May of 2017 to help manage its holdings. The company placed $55 billion in escrow. It releases a portion each month in order to sell some of its holdings over-the-counter (OTC). At the end of the month, Ripple will move whatever portion it does not sell back into escrow. Read in full https://dailyhodl.com/2019/10/01/1000000000-xrp-ripple-taps-into-escrow-wallet-to-release-new-batch-of-crypto/ |
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