Other / blockchain
Is Milne Right? Is Bitcoin The Only Sure Thing?
Cryptocurrency investors and traders from around the world are thirstily awaiting the following pitched battle to occur. however, the event of the following pitched battle can all depend upon that public blockchains can become the shaping names of the business. Alistair Alan Alexander Milne is Associate in Nursing capitalist and businessperson primarily based within the UK UN agency shares the identical sentiment. Milne is well-known on Twitter for his optimistic statements regarding Bitcoin and alternative cryptocurrencies. He has even same that any new value highs for the leading cryptocurrency ought to perform higher than that of 2017. In a thread over the weekend, Milne said, “the likelihood that Bitcoin matches its ATH [all-time high] value once more and does not then continue past it looks terribly low. every wave of adoption is Associate in Nursing order of magnitude larger than the last.” On average, the largest digital currency continues to be commercialism eighty % under it had been at its peak in Gregorian calendar month 2017 once the token reached huge heights of $20,000 before a but kind year to the cryptocurrency. With an awfully consistent downtrend, there are various accusation from some huge players within the economic science house that Bitcoin is well on its thanks to zero. a decent example is Nouriel Roubini UN agency argues this, however, Alan Alexander Milne protests this faculty of thought locution, “It takes time for sentiment to alter. 30-50million [sic] folks owning crypto isn't the industry's peak.” Milne goes on to mention, “the next pitched battle can decide that public blockchains persist for the following one hundred years. I feel Bitcoin is presently the only positive thing”. In addition to the current, the United kingdom primarily based capitalist noted institutional capitalist interest and Bitcoin’s profile as gold version 2 in aiding the following spherical of adoption. Back in a Gregorian calendar month, the chief executive officer of the Japanese fintech company and cryptocurrency exchange operator Quote foretold that Bitcoin can hit incomparable highs this year. As reportable by CoinTelegraph, before this, the ill-famed capitalist, Michael Novogratz claimed the leading cryptocurrency might pass the just once $20,000 high by the flip of the last decade. In terms of value, Bitcoin has had a rough weekend dropping below $3,600 key resistance level. The leading crypto is presently commercialism at $3,578 when losing three.29 % over the past twenty-four hours. What are your thoughts? allow us to apprehend what you think that down below within the comments!
#CollapseDiary - Christmas Day, 2018
Diary & Manifesto December 25, 2018 Merry Christmas, everyone! https://scorum.com/en-us/other/@swapbit/merry-xmas-to-all-financial-collapse-spells-doom-for-capitalism https://serey.io/money/@swapbit/merry-xmas-to-us-all-financial-collapse-spells-doom-for-capitalism https://deals.weku.io/community-deals/@swapbit/merry-xmas-to-all-financial-collapse-spells-doom-for-capitalism https://whaleshares.io/money/@swapbit/merry-xmas-to-us-all-financial-collapse-spells-doom-for-capitalism https://smoke.io/news/@tradeitforweed/merry-xmas-to-me-christmas-2018-marks-the-end-of-capitalism https://steemit.com/money/@hodlorbust/christmas-2018-financial-collapse-spells-doom-for-capitalism-merry-xmas-to-me Look at me earning crypto for the financial collapse of the Western world! It’s truly a beautiful thing. The DOW is down 3% today, and so I’ve decided to keep a diary of this End of Days and Financial Ruin of America and her Allies, Capitalism Currency and Nationalism. The dual purpose of this guide to the apocalypse is as a manifesto for the way we should conduct ourselves and carry forward, through the dismal days ahead, and reinvent the economical and social constructs everyone’s taken for granted for generations. Welcome to my little world. Christmas Morning, I had few gifts but the bigger joy came from watching my four year old niece open the majority of the spoils and become more overjoyed about her hand-crafted clothes that match her mom’s than she was her underwater digital camera or digital kid’s smartwatch. This is the epitome of the point I’d like to make: kids are innocent, and until we impress upon them ‘these coins buy you food’ they have no sense of what barter or financial transactions are. They understand cause, effect, and linear time - cry and get attention right up to Pavlovian conditioning to salivate at the sound of a bell. Cause and effect, linear progression of time… The DOW is down 19% since the start of this collapse, nearly 3% today. On Great Tuesday, the oncoming of the entire Great Depression, the DOW dropped 12% in one day.. While our current situation doesn’t seem that dire, if it continues accelerating at the rate it has been then we’ll be looking at equalling or surpassing the total downward trend of The Great Depression @ DOW $340 or so to $200. When all business shuts down and factories have materials literally on premises but there is no work, there are no strikes, there are no opportunities.. Other, supporting industries shut down. We won’t have running water, electricity, or food delivered to supermarkets - how will you survive? Who will you depend on? How will you make yourself useful? When the government collapses because there’s no money to pay anyone to do anything and inflation skyrockets just prior, what will you offer for barter to get enough food for your family to eat? Cryptocurrencies could be the answer. In local areas where there’s enough cooperation and community to create self-sustaining energy, networks could be created to (hopefully - as in our case) replay the entirety of Wikipedia and local Stackoverflows and other Stack sites (like Stack Survival… hint, hint) as well as keep an open ledger of barter transactions that you could even peg to a virtual currency. What of Bitcoin, Ether, Steem, or etc? Without a massive global network and the dozen or so DNS servers organizing the internet, these hugely distributed networks will fail themselves, and people will fork them to create their own local- regional- networks. Weed, as funny as it sounds, could be the answer. Marijuana can be grown in even harsher climates to some effect, and as it’s a popular choice for recreation, industrial applications and medicine, it could be a society’s staple currency. It’s bulky, stinky and is measured in increasingly large volumes - but a few grams of gold bullion is worth a bit for nearly being useless, maybe we will see people barter then barter then barter to come ahead? Without law, order, punishment.. What would the world look like? Will we see a rise in vigilantes? Without transportation, work, education, will we see a return to the traditional family unit? Without the ability to sustain metropolitan areas, will we see ghost cities as people ‘fan out’ and repopulate the countryside? What does that look like in China, where their population per acre is worrisome.. Genocide to preserve the race? Nearly 3% today, Tuesday, Christmas 2018. Why publish a diary to a Blockchain (or a few?) - there is an immutable nature of Blockchains and DPoS and all my info are recorded on nodes, and I’ll have my own witness node for each of these chains in the near future. I will have the record of this global event written promptly, deftly, and accurately… with a vengeance. What will the DOW look like tomorrow? What lays at the end of this rabbit hole? Will this document rival Pepys and The Great Fire London? Frank and Nazi occupation? Pilkington and sheer nonsense? Follow the tag ‘collapsediary’ or see this Google doc for the full story: https://docs.google.com/document/d/1SUyjBXADnXmyREHcY1ojee7gUur_dlPdpa9Napdcm54/edit?usp=sharing
With the advent of Blockchain technology comes a plethora of opportunities for wealth creation. What was begun with the Ethereum-based ERC-20 token for smart contracts, continues with the new ERC-1155 unique digital assets. Projects such as Enjin coin using non-fungible stand alone digital creations allow video game creators to design attractive, collectible tokens for use as trading cards, character elements, weapons, power-ups and trade-able market places. Games such as War of Crypto utilize these unique tokens, which are immediately saved to an Enjin Wallet compatible with Android and IOS smartphones, are rising in popularity. These will be the first drivers of adoption. Websites using Blockchain technology for games like Cointiply and SatoshiLabs allow users to start and maintain game pieces which produce an almost passive income of bitcoin, which is divided into smaller pieces called "satoshi". Once enough satoshi are collected by the player, they may be transferred to a personal wallet or another website's wallet address for use there. As more and more games and applications are created, economic opportunities will continue to develop for all who join in.