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Also, grin's monetary policy is something worth anticipating in 10 years from a cryptoeconomics perspective. It might have the answers if bitcoin begins to have problems on the sustainability of its security from mining fees alone.
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Also, Max has improved much more than Dustin since 7 years ago, I reckon. He is the featherweight champion. Dustin might not attain what Max has attained if he remained on featherweight.
Even though Max is the champion it only gives Dustin something to prove and this is his chance to became a champion also. I don't doubt the ability of Poirier he is good and he can definitely beat Max for the interim title. Agreed. However, Max has improved more and has a higher chance of winning this, I reckon. Max will take this fight to the 4th and 5th rounds and take Dustin's cardio to the limit. |
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I've been waiting for their rematch and finally, it has come. Its been a long since they first fought and back then they were so young. I think Poirier will beat Max again but this time it's a K.O, unlike a submission win when he first fought Max.
However, you should consider that their fight was 7 years ago and Max was only a replacement fighter for Dustin Poirier. Also, Max has improved much more than Dustin since 7 years ago, I reckon. He is the featherweight champion. Dustin might not attain what Max has attained if he remained on featherweight. |
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I reckon many of us might not be ready to accept that the bitcoin bull is slowly coming back. However, how high should bitcoin be to convince us that Tom Lee is correct this time? $10k? $20k?
Would it be bad to speculate and buy bitcoins today?
For me personally there is no doubt that bitcoin has tremendous potential and that bear market must reach its end, but I'm not sure this is happening right now. I think it's very wrong to take opinion of person such is Tom Lee, as a reference point when to buy bitcoin. It looks like most do not read posts or a article, he is saying that bitcoin price should be 14 000$ based on number of wallets. Is this someone who we should trust, do you trust him? If you believe in bitcoin, time for investment was at 3000$, now smart buyers take profits and you think about whether Tom Lee is right this time or not. He might be trying to connect the no. of wallets and demand. He might also be using his bitcoin misery index on assessing where to buy, where the price should be and where to dump. In any case, we know he is very far from where he is planning to dump hehehe. |
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Is the basic research knowing that the miners will be paid 100% in transaction fees when all the coins eventually are mined? Some argue that it is sustainable because miners can choose which transactions they want to include in the block.
It is the fee market argument. It will work if there was only one coin. However, the people who argue for it refuse to acknowledge that there are other cryptcoins that are competing for lower fees in the fee market.
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I reckon many of us might not be ready to accept that the bitcoin bull is slowly coming back. However, how high should bitcoin be to convince us that Tom Lee is correct this time? $10k? $20k?
Would it be bad to speculate and buy bitcoins today?
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@Carlton Banks. For the reason that bitcoin's security being sustained by the fee market alone is still arguable and will continue to be arguable.
Do you reckon that bitcoin can sustain itself from fees alone forever? Your answer does not matter because it will be arguably wrong or arguably correct. But arguable nonetheless.
That is why you did good by escaping and refusing to answer a question that has riddled everyone.
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@Ronnie. Thank you!
There are some betting opportunities in the characters to die first category that I reckon the sportsbooks might have them wrong hehehe.
Who will die first? If no one dies between them, your bet is a push and the bitcoins will be back in your account.
Daenarys 2.43
or
Cersei 1.47
Tyrion 3.75
or
Jaime 1.21
The Hound - 3.84
or
The Mountain - 1.20
Gilly - 1.09
or
Hot Pie 5.66
All my bets are for the underdogs.
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Why don't you explain him what your perspective on this matter is?
Because I know from experience that it's a long discussion, and I don't want to have the same conversation again Why not ask the 'what if someone starts guessing private keys? why can't they just do that?' question. same category IMO Agreed, I also understand why you do not want to go on another deep discussion on an old issue. However, it is an issue that has never found a solution and the questions about its sustainability will certainly return. Also, the issue is not in the same category as asking what if someone starts guessing private keys. That is a silly comparison. |
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Is Tom Lee's outlook correct? Should bitcoin be priced on $14,000? Also, observe how, according to the article, that Tom Lee has expressed doubt if $14,000 is attainable for 2019. That might be a delicate signal that bitcoin might attain $14,000 this year hehehehe.  Prominent Bitcoin bull and Fundstrat Founder Tom Lee has mentioned during a CNBC Squawk Box program earlier today that Bitcoin is way below its ideal value. He said Bitcoin is only trading at 40% of its actual price despite the price surge experienced in the last few days.
Many have tried to explain the surge with Bloomberg saying it is due to the April Fool’s joke that the SEC approved Bitwise and VanEck ETF applications. Lee, however, thinks differently:
“Finally, we had a big move on Apr. 1. It wasn’t clear what caused it, but it was a shred of real evidence that there is a lot of dry powder, The crypto community kept a lot of cash and was waiting for Bitcoin to break $3,000.”
Although he believes $14,000 is the right price for Bitcoin right now, Lee expressed doubt that the price is attainable by the end of 2019. The bull run is still early and so is the year, and from every indication, the surge is still brewing with a potential to amass more gains in the next few weeks. Hopefully, Tom Lee’s “ideal” price will become a reality eventually.Read in full https://zycrypto.com/bitcoin-bull-tom-lee-says-bitcoin-should-be-valued-at-14000/ |
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@esternity. Agreed that we might be looking at the end of the bear market, however, the Binance chairman's tweet does not do any good for Aeon. He is implying that there is great value held in USDT that is ready to pump some cryptocoins. However, Aeon has no USDT market.
i am not sure what he means by "pseudo-fiat"; it may be only cash-equivalents of all sorts. Pseudofiat are clearly stablecoins like USDT and like the tokens that Circle has issued which are backed by US dollars. The problem is USDT. It might not be backed 1 for 1 by US dollars anymore. I reckon they might be printed at will and be used to pump the new cryptospace bull. |
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Sebastian Vettel decided to make all the mistakes on the 1st half of this season and be over with it instead of doing it similar to his last season's performance where he did all the mistakes in the 2nd half hehehe.
I reckon Sebastian might leave Ferrari after his contact expires on 2020.
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Qoheleth opened a thread that asked what started bitcoin's pump. He also shared that the pump begun in Japan in an exchange called Coincheck. Source https://bitcointalk.org/index.php?topic=5127293.0Also, when we look for what altcoin did all that value held in bitcoin go, we can see that all that bitcoin is maybe being used to pump bitcoin cash, the largest and most consistent gainer after bitcoin's pump. Roger Ver lives in Japan. |
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@esternity. Agreed that we might be looking at the end of the bear market, however, the Binance chairman's tweet does not do any good for Aeon. He is implying that there is great value held in USDT that is ready to pump some cryptocoins. However, Aeon has no USDT market.
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You will not be addressing the issue of the whole reason why Aeon is proposed to switch to Kangaroo12 proof of work? @smooth. Agreed! It has a cool name. Is it made in Australia hehehe? |
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@gentlemand. No, however there might be some people who might have listened to him before. In any case, I reckon his prediction for bitcoin to do better than $3900 on 2019 is rational. What about you, is it rational?
I don't really care about this year. It's going to hopefully be a transition from relelntless doom to nothingness and that's as far as my preferences go. If 2021 is a pile of poo I'll be sad. Is your sentiment on the market for 2019 still a transition from relentless doom to nothingness or has the big pump changed it by any means? |
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@Qoheleth. I reckon whatever or whoever started it might be using their newly bought bitcoins to pump bitcoin cash also. It has pumped more than any cryptocoin in the top 50.
Also, the pump started in Japan. Roger Ver lives in Tokyo, Japan.
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@Carlton Banks. I have my opinion, however, it's another matter.
I was asking what the other people's opinions are on if fees alone can sustain bitcoin's security. To some of the people who might say yes, I reckon they might not be completely honest with themselves.
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10 years is literally a life time for crypto.
Instead I'm interested in the first year or two of a coin, more specifically trying to buy it's dips.
My position on Grin is that the current ATL (~0.00055 BTC per Grin) & whereabouts is/was a pretty good entry point.
As stated before, I do not agree with sub dollar or half dollar bottom predictions.
It's like thinking that BTC will drop to $2k or less - which I don't.
I don't even see dollars when dealing with alt coins - all I see is compared to BTC.
We cannot correctly speculate the comparison of the price of an in demand, widely accepted coin with supply cap and a newly released coin with an infinite supply, however. I reckon sub $1.00 is more possible on grin that sub $2k for bitcoin. |
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