I don't have any skin in the game, just watching this phenomena with interest. I did read this yesterday though for what it is worth.
buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html
The transaction fees is where Kodak gets to profit for their service so I don't see an issue there. I'm sure the photographer will still be ahead of where they are now. As you point out though the volatility in coin value is THE big problem for cryptos. I mentioned this in an earlier post as well. Until that is dealt with real-world implementation will be difficult for them all.
I don't have any skin in the game, just watching this phenomena with interest. I did read this yesterday though for what it is worth.
buffett-says-cyrptocurrencies-will-almost-certainly-end-badly.html
KHL Fantasy Hockey League Keep 8
3-C 3-RW 3-LW 6-D 2-G
Forward 5-G 3-A 1.0 STP
D-Men 6-G 4-A 1.5 STP
.35 Shot .4 Hit .4 Block .1 FOW
Goalie 6.5 Win .25 Save -2.5 GA 2-SO
C- Larkin, Hischer, Horvat, R. Thomas
LW- Stamkos, Hyman, Kreider, Lehkonen,
RW- Laine, Marchessault, Toffoli. Buchnevich
D- Doughty, Burns, Letang, Andersson (IR), Faulk, Toews, Pionk, Petry
G- Vasilevskiy, Copley, Andersen
This is the third 50% retracement Bitcoin has had.
Part of the business.
The best part is he left his bitcoin address in the description asking for tips.....
Wouldn't that be nice. I did a quick chart update and it seems like the slope is not as aggressive as he first thought, but its still very close. I updated the math ($0.05 to $12,000 in 90 months, so conservative) and now its about 5 months to double.
btc updated.JPG
That video has the exact response I was hoping for.
Will be buying more bitcoin within the next couple days.
EDIT: around $11-12k
Whats your play? How long do you want to hold for?
Keep your ETH.
Got lots of room to grow.
Im predicting we see a 30% gain in Bitcoin over the next few weeks trading at around 15k.
ETH should follow. I haven't studied ETH chart but I don't think it's topped at 1400.
Another interesting article: https://www.wired.com/story/why-teth...ptocurrencies/
Currently at $8,699.52
I remember when it was around $19,000 and thought it would crack 20k.
The thing I hate about crypto currency is what it is doing to PC part prices. Video Cards, RAM and PSUs are through the roof :/
Rylant
Yup I expected 10k to hold.
Will be paying more attention now in the 6-8k region.