BITCOIN Discussion..........

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rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60
aside from largest position BTC and significantly smaller on in ETHE, i own a bit of:

Litecoin
BNB
AVAX
AVS
SOL
I'd find something better then litecoin. It's only use is faster payments then bitcoin, but now we have stable coins and even Eth that do it just as good or better. I have a feeling we will never see another all time high from litecoin, it'll just fade away. Like AVAX and SOL, BNB I think is ok. But I think Eth outperforms it and might do the same as bitcoin.

BNB market cap is $42 billion right now I see it getting to about $200 to $250 that's about a 5 or 6x. I see Bitcoin doing about a 6x from here to about $150,000. I see eth doing at least a 10x more likely 15x from here. Top will be a little more then 2 years from now.
 

rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60
I don't like coins with no cap. Limited supply creates scarcity. Scarcity helps to drive value.
That's why BTC skyrockets a few months after every halving. It becomes significantly more scarce.
Tokenomics is very important when looking at coins and finding when unlock's are. Ethereum actually is harder asset then bitcoin now. The more Eth is used the more coins that are burned. Since the hardfork in September barely any new coins have been added.
 

rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60

This is why I'm very bullish on Eth. So many Eth will be staked and used for things like Liquidity pools, NFT's etc. and with no new supply it's so bullish.

Another token that I just aped into is Primal. It's very interesting.
 

rolandcorts

rolandcorts

Joined
Feb 10, 2022
Messages
968
NFTs are the most overvalued garbage on the internet. ETH's promise was that it would be the currency of smart contracts. Well where are the smart contracts? The only ones that exist to my knowledge just swap one shitcoin for another.

There isn't even smart contracts for betting, and that is a very simple 'trade/exchange' conceptually. You want the Eagles, I want the Chiefs, easy smart contract right? Nope. Doesn't work in practice. Need to write every possible contingency as there is no arbiter/judge/court to resolve disputes.
 

rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60
NFTs are the most overvalued garbage on the internet. ETH's promise was that it would be the currency of smart contracts. Well where are the smart contracts? The only ones that exist to my knowledge just swap one shitcoin for another.

There isn't even smart contracts for betting, and that is a very simple 'trade/exchange' conceptually. You want the Eagles, I want the Chiefs, easy smart contract right? Nope. Doesn't work in practice. Need to write every possible contingency as there is no arbiter/judge/court to resolve disputes.
I guess you want the world right away. So in the early 80's when apple was selling there desktop computers, you were asking for a iphone. Smart contracts are being used for many things. I use my ledger to sign for them all the time. NFT's will have many use cases other then weird JPEG's.
Here read this:

 

rolandcorts

rolandcorts

Joined
Feb 10, 2022
Messages
968
I guess you want the world right away. So in the early 80's when apple was selling there desktop computers, you were asking for a iphone. Smart contracts are being used for many things. I use my ledger to sign for them all the time. NFT's will have many use cases other then weird JPEG's.
Here read this:

Terrible article. If you're convinced by anything in there, I've got an.... NFT to sell you.

NFTs are a pure ponzi. Scarcity is not enough for something to be valuable.

ETH has been around forever and yet none of the supposed use cases have materialized or are materializing. Again, there is not even smart contracts for betting. Smart contracts will never be a thing for anything that isn't completely trivial. Contracts can never cover all contingencies which is why they're constantly being disputed in court. Without a 3rd party to intervene in disputes, smart contracts will be basically worthless.

ETH to store health data and carry it with you. :ROFLMAO:
 

rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60
Terrible article. If you're convinced by anything in there, I've got an.... NFT to sell you.

NFTs are a pure ponzi. Scarcity is not enough for something to be valuable.

ETH has been around forever and yet none of the supposed use cases have materialized or are materializing. Again, there is not even smart contracts for betting. Smart contracts will never be a thing for anything that isn't completely trivial. Contracts can never cover all contingencies which is why they're constantly being disputed in court. Without a 3rd party to intervene in disputes, smart contracts will be basically worthless.

ETH to store health data and carry it with you. :ROFLMAO:
I guess your the expert!!!
 

homie1975

homie1975

Joined
Oct 6, 2022
Messages
1,036
I guess you want the world right away. So in the early 80's when apple was selling there desktop computers, you were asking for a iphone. Smart contracts are being used for many things. I use my ledger to sign for them all the time. NFT's will have many use cases other then weird JPEG's.
Here read this:


This.
 
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