Pushing it to go the Blockchain route…
I wonder which company Justin is referring to. Publicly listed on an exchange with a userbase over 100 million. I would imagine that would mean close to that number and not Alibaba which has 488million active users. Netflix passed 100million in 2017 I believe but I don’t believe it’s that.
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I’m like the hype train on here. More numbers
World Stock market cap in 1980----> $2.5trillion
At time of dotcom bubble crash 2000---->$31 trillion then down to $22trillion in 2002
Total stock market cap 2017----> $64 trillion
World money supply grows and compounds. @ubengineering Don’t sell sir. Hodl. Or pay off mortgage with a portion and hodl the rest.
So for me that point would be the point to cash out. It would free up a huge portion of our income and allow us to borrow against a huge piece of equity. my student loans will be the last thing i pay off because i have a feeling debt forgiveness/jubilee/govt backed ultra low interest student loan debt bubble poping will be coming in the next few years.
been looking into this a bit, are you mining with the app? from what i see that is giving you “tokens” which are worth X GMIT, but it doesn’t say anywhere you end up with actual coin. is there a way to take those tokens and do something other than buy in game items?
Once the ICO is over you can convert it. the mined tokens can be converted to coins. They have a phone app where you can see achievements in games like Clash of Clans, FF XV mobile that give you x amount of tokens. At this point I am just mining because when I can convert to the coin, it makes more sense to do that than to buy the ICO. Even on my not too beefy setup.
This is specifically for games, and the list will only grow with time, and the content that you can buy within games.
Eventually the coins themselves will also be on exchanges.
Even if you are skeptical of it, won’t hurt to mine it. I wont spend any actual money on it if I can mine it. @Skurge what is the latest on your setups? I would think about putting one together myself for ether but I don’t think there are any cards available at reasonable prices.
Do you have any connections and deal to get in on the next gen of nVidias that should appear anytime? Supposedly they are quite the improvement
Well I should have gotten into Tron lol for you guys with Tron, it has the same supply as Ripple, so being an amateur I’m gonna say it def has room to grow!
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My current portfolio -
Bitcoin - Niceeeeeee
Ethereum - Very happy
Ripple - man i wanna suck you off
IOTA - GAYYYYYYYYYYYYYYYYYYYYYY
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IDK about you guys but if anyone else here has IOTA this “Q” announcement better be something fucking awesome. I know the IoT is a big deal but my dad gave me back the echo I bought for him
Updated - - - @nermoria@JayS - After thinking about it I’m going to HODL ripple, because the odds are in everyone’s favor that it will get added to coinbase even though it is centralized. @LZ1 - You’re right, no point in selling now, we should all HODL until our profits are enough to make what we want AND cover our taxes.
Lol dont feel bad guys im the guy who had 66k tron and lost a lot because I got emotional and obviously know more about trading than the veterans here. Current holdings undisclosed. I happy though gains are gains. I bought in at .03
A lot of it is also kind of logical. Is it more likely for BTC to get to to several trillion dollars in market cap… Or TRX to get to 100b. Also some of these expert analysts dont understand how it could be worth that and that it is definitely a bubble. Think about this Facebook has how many users? If Facebook came out with its own crypto that could be used for certain things there and there was a limited supply… Is it hard to imagine that the majority of the active users would convert at least $10 into it? $100? $1000? It’s different from stock speculation because you can actually do something with it other than sell to another stock trader. Stocks are tied to revenue whereas some crypto is to what it can buy and what is done on its platform @ubengineering Justin Sun has stated in one of his live broadcasts that he thinks the way Ripple went about burning part of the XRP supply was stupid and he has an idea on how to do it better. Whatever that means. Also another part is locked away until 2020.
Also at some point I think I read in one of the stages he wants TRX to be on its own blockchain.
This is also more of a utility token than Ripple in all things entertainment and when considering the bike sharing, beyond entertainment.
Boys, reading some weak shit about Tron out there on reddit in the neutral crypto groups.
Is there a legit use-case for TRX or no? I don’t care if there isn’t necessarily I just don’t want to be over-weighting on the more speculative stuff. I’d settle for lower volatility but better use-case.
Aside from Crypto Dogs and Bike sharing? Not at the moment. You have to think longer term. When BTC came out you couldn’t do anything with it but trade with a geek buddy for his Staff of Greater Lightning. Today you can use it to buy A nightstand on Overstock, or a Lambo. Which brings to the next question…how many people here are only about the investment itself and the returns? Anybody actually plan on using the various platforms? ie content, app creation etc.
@ubengineering While I am still planning on getting back into IOTA at some point, I feel kind of meh about it in the short term. I will still get in at some point but not doing it now. I believe in the whole IoT thing, especially considering just how much the sensor count in the world is going up, all of which is part of the IoT web but it is still in infancy. Think Milwaukee with the blue tooth thing…that is all going to be part of the data ecosystem, very pervasive. Why Bosch got in now they are the largest patent holder of driverless technology in Germany as well as make a whole ton of sensor based parts etc.
Edit: Anyone else see the Canadian analytic firm that makes the case that crypto is heading to 10trillion total market cap?
