Where your hard-earned money comes to die. Home.
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At the end of the day, it's about the adoption & tech, not speculators (DTP)
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Date: March 4th, 2018 3:17 PM Author: Amethyst Water Buffalo Sex Offender HAHAHAHHAHAHAHAHA
AHAHHAHAHAHAHHAHAHAHAHA
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Date: March 4th, 2018 3:22 PM Author: curious soggy police squad half-breed Eventually the speculation will end when no results come, no? (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533044) |
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Date: March 4th, 2018 3:23 PM Author: Amethyst Water Buffalo Sex Offender correct
real-world adoption WILL fix the price of the coins to their true value: $0 |
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Date: March 4th, 2018 3:30 PM Author: curious soggy police squad half-breed Is it not possible that currency might be a useful feature to have for blockchain transactions/verification? The currency has to be worth something. One could argue that a truly global currency could be worth quite a bit (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533089) |
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Date: March 4th, 2018 3:34 PM Author: Amethyst Water Buffalo Sex Offender USD is currency. BTC and XMR if you're edgy
ripple's blockchain tech can be used for cross-border settlements. XRP token worthless. various other blockchain tech might be useful in supply chains, etc., but the tokens are worthless. all worthless scam/fraud/ponzi scheme. |
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Date: March 4th, 2018 3:39 PM Author: crystalline generalized bond MORE IMPORTANTLY, WHY IS CURRENCY (IE A MEDIUM OF EXCHANGE TO BE BOUGHT AND SOLD) AN INVESTMENT THESIS?
I swear to god I feel like the only one in this space that knows to ask basic questions to bridge the gap between “idea” and “$ in my pocket”
Which makes me embarrassed to be in this space |
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Date: March 4th, 2018 3:41 PM Author: curious soggy police squad half-breed Because it's fun..and smart people say it's possible. And we're young and have money to blow without serious consequences come worst case scenario (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533157) |
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Date: March 4th, 2018 3:42 PM Author: crystalline generalized bond Sweet mother of God (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533167) |
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Date: March 4th, 2018 3:45 PM Author: Amethyst Water Buffalo Sex Offender i anoint you representative of the "brightest minds" in crypto today, a full 2 tiers above peterman (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533191) |
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Date: March 4th, 2018 3:55 PM Author: curious soggy police squad half-breed Glad we were able to get to the bottom of all of these issues..Everyone remember to pick up some EKO. Blockchain integrated website launch coming soon. (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533245) |
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Date: March 4th, 2018 3:39 PM Author: curious soggy police squad half-breed Currently that's the state of the situation, you're correct...But innovation does occur over time (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533138) |
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Date: March 4th, 2018 3:43 PM Author: Amethyst Water Buffalo Sex Offender you dumb fucking tard. do you think prices and expectations at this point are aligned with your thesis that "everything is more worthless than monopoly money at this point, but i trust that innovation will sort things out over time?"
the point is not that the tech is immature and things are worthless because it hasn't been built yet. it's that EVEN IF THEY GET BUILT, the underlying best-case scenario theory for why they should have value has serious, hilariously easy to point out flaws and they will be worthless barring some EXTREME MIRACULOUS DIVINE INTERVENTION that changes the nature of the game we're talking about entirely.
you fucking idiot |
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Date: March 4th, 2018 4:13 PM Author: curious soggy police squad half-breed Why are you still invested in it then? (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533363) |
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Date: March 4th, 2018 4:07 PM Author: crystalline generalized bond I think you’re much closer to right than the other poster itt.
Say ethereum or some other platform becomes the world’s virtual machine for a bunch of valuable apps. It’s logically (if not probable) that the platform coins capture the value of the apps built over it. See:!http://www.usv.com/blog/fat-protocols
So i guess platforms are worth the expected value of this outcome. So not zero but maybe close |
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Date: March 4th, 2018 4:17 PM Author: Amethyst Water Buffalo Sex Offender ETH is a utility token that currently poses as a store of value. just like bitcoin has trouble simultaneously being a currency AND a store of value since the two functions are so at odds with one another, ETH will have trouble being both a utility token and a store of value. so if it's ever to be useful (utility), it's going to largely shed its role as a store of value. then it's a mere utility token, constrained by the harsh dictates of real-world use, granting it multiple additional points of failure that it wasn't susceptible to before, and there are plenty of reasons specific to utility tokens as to why they will fail to appreciate in price over time, presenting specific dangers to the current overblown prices that ETH has today. and all of this is ASSUMING eth becomes useful in the future by way of overcoming its technological hurdles and having its decentralization raison d'etre catching on, both of which are tremendously tenuous assumptions in the first place (http://www.autoadmit.com/thread.php?thread_id=3909688&forum_id=7#35533388) |