Paashaas
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Activity: 3422
Merit: 4342
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May 15, 2019, 03:11:31 PM |
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jojo69
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Activity: 3150
Merit: 4309
diamond-handed zealot
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May 15, 2019, 03:13:11 PM |
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Congratulations Mic
I know this is something you really wanted
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zhekinsp
Full Member
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Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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May 15, 2019, 03:13:34 PM |
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In last 24 hours, Bitcoin - -1.28%Ethereum - +12.58What is happening?  |
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Phil_S
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Activity: 2090
Merit: 1461
We choose to go to the moon
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May 15, 2019, 03:16:19 PM |
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It's called sideways.
This is perfectly fine.
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Cryptotourist
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May 15, 2019, 03:18:37 PM |
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What is happening? Altmageddon phase 2.  |
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El duderino_
Legendary
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Activity: 2492
Merit: 11999
BTC + Crossfit, living life.
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May 15, 2019, 03:22:15 PM |
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Congratulations Mic
I know this is something you really wanted
Thx and thx for all the other congrats .... Cheers |
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 15, 2019, 03:35:05 PM |
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Diversification is about picking the best of each market segment and buying a little of each. It is not about chasing penny stocks.
Portfolio performance is only gained with a range of stocks from each sector. The lower caps will always be more volatile and some will outperform the dominant stock. A company with a lower cap stock whose products do not have a Unique Selling Proposition are doomed to failure. What's the USP of your candidate shitcoin? |
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 15, 2019, 03:39:57 PM |
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Facebook it dominant but not a monopoly and certainly not necessarily the future. Apple has only around 16% share of the smartphone market, down from 100% at the iPhone's launch. Netflix has less customers than Amazon Prime depending on how you view the statistics and its dominance is nowhere near to inhibiting new entrants. So those companies competitors are doing quite well actually.
Bitcoin dominance hit a minimum during the last massive price spike (see below), yet its marketcap/$USD price was at a maximum. That's no accident because as money is made in alts, people profit-take into bitcoin. It's the same structure for any monetary asset market and is in fact the very definition of a "reserve asset". There were of course other factors at play such as hedging the contentious hard forks that were going on, the blocksize war and general ideological differences in priority. But such needs to hedge will always exist - periodic storms in markets are a permanent feature of economics.
How does the market respond to such conflicts ? It caters for all through diversification - same as with any commercial sector. 20 years from now, the idea that there was only ever going to be 1 blockchain asset will seem comical, a bit like Thomas Watson's statement of "I think there is a market for maybe five computers".
Non-bitcoin digital asset market share moves in sawtooth waves just like bitcoin's own fiat market. It usually declines to just below the last peak marketshare during which time much of that capital flows into bitcoin and consolidates it. Then fuelling starts again and we move through a new cycle.
Again, nothing you have stated above^^^ lends any support to your assertion belowVVV. There are very few natural monopolies in the world and monetary assets - digital or otherwise - are definitely not one of them. That is something so-called bitcoin maximalists should be thankful for and not moaning about because without it you'd have stagnation and ultimately death of the entire sector, including bitcoin.
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zhekinsp
Full Member
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Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
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May 15, 2019, 03:41:04 PM |
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It's called sideways.
This is perfectly fine.
Want bitcoin to be ahead of ethereum in the next 24 hours.  |
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nutildah
Legendary
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Activity: 2968
Merit: 7940
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May 15, 2019, 04:04:48 PM |
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That den of thieves, haven't the coins moved since the key holder "died"? Wait... Do you mean QuadrigaCX or did their CEO die too? |
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yefi
Legendary
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Activity: 2842
Merit: 1510
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May 15, 2019, 04:05:10 PM |
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Anonymint is meth level behavior
He was exclaiming the end of Bitcoin when I joined this forum six years ago. He's a fucking crackpot. (Consider judgement served.) |
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BitcoinGirl.Club
Legendary
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 15, 2019, 04:06:56 PM |
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Witnessed bitcoins @ $8,049 preev ref
Good afternoon WO brothers!
When are we going to moon?
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BitcoinGirl.Club
Legendary
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 15, 2019, 04:08:25 PM |
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I need the guy who is good at summarizing WO events 🙂
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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May 15, 2019, 04:08:41 PM |
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BitcoinGirl.Club
Legendary
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 15, 2019, 04:11:06 PM
Last edit: May 15, 2023, 12:39:19 PM by BitcoinGirl.Club |
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Come on people, 'nance is about to open in 15 mins all being well  now is the time to focus I just came
...to the realization that I might like big butts more than BitcoinFuck so do I, too bad the wife isn't fond of the idea of me having a girlfriend on the side. I am focusing 🤪 |
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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May 15, 2019, 04:12:29 PM |
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^ You need a big flashlight.  |
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BitcoinGirl.Club
Legendary
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 15, 2019, 04:22:35 PM |
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^ You need a big flashlight. Nah, my eyes works in special condition 🤪 |
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BitcoinGirl.Club
Legendary
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 15, 2019, 04:23:44 PM |
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I like your comment. Am here question i want to ship product from us and they can't accept bitcoin and confuse what to do next. After at i google and get a blog @ packageforwarding.info where many companies are mention for my package forwarding but what to do with bit coin issue ? The fuck are you talking about, wrong thread dude. LOL I wonder how did he find this topic at the first place 😂 |
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mindrust
Legendary
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Activity: 3234
Merit: 2417
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May 15, 2019, 04:25:08 PM |
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I like your comment. Am here question i want to ship product from us and they can't accept bitcoin and confuse what to do next. After at i google and get a blog @ packageforwarding.info where many companies are mention for my package forwarding but what to do with bit coin issue ? The fuck are you talking about, wrong thread dude. This is the Butt Observer, Serious discussion is that way. I would go to Ivory Tower and ask for help directly from Theymos if I were you. |
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