BTC going mainstream:
Bitcoin rally this year is the start of going mainstream, not a bubble, says investor Bill Miller
Value investor Bill Miller told CNBC on Tuesday he believes bitcoin is still going higher because demand is growing faster than supply.www.cnbc.com
Some regulation, especially around money laundering, would be a huge positive for BTC. It would help get trillions off the sidelines via conservative institutions.
I think reputable sport/concert companies will put a royalty on the difference between original price and new sale price.
exactly - so, when you hear big stars (as I've seen, say Bruce Springsteen or U-2) say they hate scalpers... now they have a method to prove it.... and a 99% royalty would do just that (at least theoretically)
+1
How far will ETH drop. My guess is somewhere between 1100-1500. I know it is a large range but it is hard to predict when the climb up has been so rapid.
During this drop or after the bull run is over? Former may be 1800'ish, but it is holding up pretty well. As for the latter, it depends on how high it will grow during this bull run cycle. Long way to go!
Great time to buy via GBTC! Don't care about the coins, just the appreciation. Also, GBTC and the upcoming BTC ETFs work well with tax-deferred retirement accounts.
Largest Bitcoin Fund Dives to Record Discount Amid Crypto Swoon
(Bloomberg) -- It keeps getting worse for holders of the Grayscale Bitcoin Trust, which is now trading at a record discount to the value of the digital assets it holds.The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record...finance.yahoo.com
Something I never gave much thought to in regards to grayscale or any other btc trust. The inability to sell in real-time.
I keep harping on this... not your keys, not your coins.
Don't know much about safemoon, but here is an interesting video about it. Doesn't seem to have much utility:
I mentioned it last week in a post here. The hype train is aggressive on that one. On the surface i just see a pump and dump twitter meme token.
yuanpaygroup.com
No. Would you into the grocery store with a gold bar and shave off a piece to pay for said milk?
ETH is a big winner here. I keep waiting for a pullback but not getting any
+1
Beautiful!
Layer 2 solutions and roll-ups will deal with the speed issue (and already started to do so). As for the costs, this is overhyped. The vast majority of transactions are via large companies. Roll-ups allow these companies to move tons of transactions at one time for millions of dollars. That $20 gas fee is irrelevant in these cases. This is where the growth is coming from - corporations will bundled transactions.
Also, that proposal wont directly cause a deflationary supply. There will still be 18mill or so new tokens added yearly. Compare that to the fixed 21 mill lifetime cap of Bitcoin. There's only about 2.5 million Bitcoin left that will ever be mined. EVER. You have a legitimate scarce asset vs one that simply is not.
I think that dip your waiting for will eventually come but you may be waiting for a while which is fine if you have the patience , the buildup as we get closer to July is going to be fun , I truly believe that the price of Ethereum could possibly reach some of those predictions certain experts are calling for.
Costs are majorly overhyped. Do you think Visa gives a crap about a $20 gas fee? Visa wants the most secure and stable network. Other ETH-wannabe blockchains have low costs because they are controlled only by a few players. They are much more centralized. This is the trade off. Visa (and similar companies) selected ETH because it is so secure, proven, and decentralized. This is what they want.
