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Thread: Blockchain Tech and Cryptocurrencies

  1. #301
    Broderick Hicks
    Manifest Destiny's Avatar
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    Quote Originally Posted by AnonymousDeac View Post
    Not sure thatís true. Here are the major ones on Poloniex relative to USD.

    Would love to see that compared to a month ago. That is huge volume sustained over 10+ major alts. Very impressive.
    Last edited by Manifest Destiny; 12-21-2017 at 04:28 PM.

  2. #302
    For those who follow this stuff closely, how is the Ethereum network not superior to Bitcoin in every possible way? I understand there are scaling issues with both. But progammable smart contracts means business to business frictionless transactions. The Ethereum Enterprise Alliance already has mainstream companies signed on. How is that not an inside track on Bitcoin towards real world applications? Bitcoin's ceiling is essentially an asset like gold. Ethereum could spawn an entire new ecosystem akin to a decentralized internet. The potential is mind-boggling. What am I missing?

  3. #303
    Quote Originally Posted by TwentyONE View Post
    For those who follow this stuff closely, how is the Ethereum network not superior to Bitcoin in every possible way? I understand there are scaling issues with both. But progammable smart contracts means business to business frictionless transactions. The Ethereum Enterprise Alliance already has mainstream companies signed on. How is that not an inside track on Bitcoin towards real world applications? Bitcoin's ceiling is essentially an asset like gold. Ethereum could spawn an entire new ecosystem akin to a decentralized internet. The potential is mind-boggling. What am I missing?
    Nothing, you're spot on.

    Bitcoin is like if Kleenex packed their boxes with sandpaper. People would still ask for a Kleenex even if it's a different brand of tissue. It's all everyone knows in the crypto world just because the name has been around the longest.

  4. #304
    Quote Originally Posted by TwentyONE View Post
    For those who follow this stuff closely, how is the Ethereum network not superior to Bitcoin in every possible way? I understand there are scaling issues with both. But progammable smart contracts means business to business frictionless transactions. The Ethereum Enterprise Alliance already has mainstream companies signed on. How is that not an inside track on Bitcoin towards real world applications? Bitcoin's ceiling is essentially an asset like gold. Ethereum could spawn an entire new ecosystem akin to a decentralized internet. The potential is mind-boggling. What am I missing?
    I think that most people that actually follow crypto know this and don't expect btc to be the king forever.

  5. #305
    #ClawsIn #ManUp
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    Bitcoin has the scale that Ethereum doesnít. Bitcoin was actually be using as a currency to make purchases. Bitcoin has far more people (2x - 3x according to some GitHub research Iíve seen) working on it than Ethereum. Ivy was just released for Bitcoin that enables development with smart contracts. And a lot of the companies working with Ethereum will likely use private instances of the code that wonít require ethers.

    Iím not making an argument for one or the other but it is far from a clear winner between the two. I think Bitcoin has a better chance of being the virtual currency of the future, Ethereum has a better chance of being a network for enterprise business. Both valuable in different ways.

  6. #306
    Quote Originally Posted by AnonymousDeac View Post
    Bitcoin has the scale that Ethereum doesnít. Bitcoin was actually be using as a currency to make purchases. Bitcoin has far more people (2x - 3x according to some GitHub research Iíve seen) working on it than Ethereum. Ivy was just released for Bitcoin that enables development with smart contracts. And a lot of the companies working with Ethereum will likely use private instances of the code that wonít require ethers.

    Iím not making an argument for one or the other but it is far from a clear winner between the two. I think Bitcoin has a better chance of being the virtual currency of the future, Ethereum has a better chance of being a network for enterprise business. Both valuable in different ways.
    I think itís all speculative at this point. I have $10k into sia and $8k into alts and Iím relying on none if it retirement-wise. At the current price of sia I stand to make about $80k off it next year. If crypto turns to shit Iím going to have some expensive space heaters.

    And a nice tax deduction

  7. #307
    What exchange do you use for Sia

  8. #308
    Quote Originally Posted by Screamindemon3 View Post
    What exchange do you use for Sia
    Poloniex, but I don't hold any right now. I ordered 4 of the asics that will mine 650,000 a month. They deliver by June so I'm hoping crypto doesnt crash by then.

  9. #309
    Quote Originally Posted by AnonymousDeac View Post
    Bitcoin has the scale that Ethereum doesnít. Bitcoin was actually be using as a currency to make purchases. Bitcoin has far more people (2x - 3x according to some GitHub research Iíve seen) working on it than Ethereum. Ivy was just released for Bitcoin that enables development with smart contracts. And a lot of the companies working with Ethereum will likely use private instances of the code that wonít require ethers.

    Iím not making an argument for one or the other but it is far from a clear winner between the two. I think Bitcoin has a better chance of being the virtual currency of the future, Ethereum has a better chance of being a network for enterprise business. Both valuable in different ways.
    I've heard companies say that a public network that will allow them to interact would be more valuable than an intranet or private network. Sounds a lot like what the EEA is trying to do. Seems a bit more forward thinking than just developing a finite asset to buy and trade.

  10. #310
    Gouda, youíre one of only a few Iíve seen be all in on Sia. Care to explain why?

  11. #311
    Robert O'Kelley
    dot com's Avatar
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    Bloodbath this morning. Which means it will probably be up 200% in two weeks. Everyone cashing out to go xmas shopping

  12. #312
    woooof, rough morning

  13. #313
    Quote Originally Posted by YoungBuck95 View Post
    Gouda, youíre one of only a few Iíve seen be all in on Sia. Care to explain why?
    Most crypto currencies are just currencies with different transaction fees, speeds, scalability, etc. Sia is backed by an actual thing (cloud storage). Also Jtp told me to and if he gets rich and I donít know if I could take it.

  14. #314
    Robert O'Kelley
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    People are freaking out, but we started December below 10k. For HODLs it's just another dip.

  15. #315
    This morning.... Ouch!

  16. #316
    Quote Originally Posted by dot com View Post
    People are freaking out, but we started December below 10k. For HODLs it's just another dip.
    Meh, I'm past the HODLing stage. Everyone getting rich off this shit is daytrading the hell out of it. I'm tired of riding out these dips, going to start taking my 60% gains then buying back in after the impending 24 hour correction (alts on binance, 0.5% fees)

  17. #317
    #ClawsIn #ManUp
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    Strong tweet.


  18. #318
    I thought you had the bubble popping by February?

  19. #319
    Quote Originally Posted by AnonymousDeac View Post
    Strong tweet.

    sarcasm?

    it is difficult to see bitcoin having that market cap

    full disclosure, it was difficult to foresee the current market cap two months ago

  20. #320
    #ClawsIn #ManUp
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    Quote Originally Posted by Screamindemon3 View Post
    I thought you had the bubble popping by February?
    Yeah, think I said late-Jan/early-Feb. Very interested to see how the market reacts over the next week.

    Quote Originally Posted by thatguy2016 View Post
    sarcasm?

    it is difficult to see bitcoin having that market cap

    full disclosure, it was difficult to foresee the current market cap two months ago
    Not saying I endorse or believe it's going to hit $45k by January. But the data with regards to how Bitcoin has reacted after big drops is definitely interesting.

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