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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (153401)2/20/2020 8:57:32 AM
From: carranza2  Respond to of 217619
 
Ethereum is not just digital currency, it’s much more than that.

The platform serves as a decentralized arbiter of transactions. It is being used by some Fortune 500 companies because it decreases transaction costs significantly. It is binary and uses the blockchain. Either the transaction fits and is accomplished with ether, the digital currency, or it doesn’t and nothing happens. Think of it as a super sophisticated letter of credit. Ethereum takes a small gateway fee for using the platform.

The issue is scalability and speed, which are the same thing. There are some very, very smart kids (smartest in the world, imo) working on this. Issues will be solved sooner or later without need to simply make things big so they can go fast. When that happens, gains will be super-sized.

cointelegraph.com

Interesting idea. Huge potential.



To: Maurice Winn who wrote (153401)2/20/2020 7:47:23 PM
From: TobagoJack  Read Replies (1) | Respond to of 217619
 
Re <<The good old greater fool theory of zero sum game speculative investing>>

Within the arena featuring overarching ever-cheaper-&-more-plentiful money that somebody other than you and I can engage with, perhaps best that we adapt our mindset to ...

- not think of financial management as a 'speculation', for that sometimes pejorative label presumes folks have a choice to disengage or not partake

News flash, we have no choice in the matter, it is either play or be played

- not treat the activity as a game, zero- or other-sum, because a 'game' denotes fun, and 'zero-sum' suggests there shall be winners

Revelation: not meant to be fun. Meant to be thrilling. There will not be winners at the end of the current episode, I fear. All relative.

- whatever it is that we do, or try to do, or botch, is more like a prison-break than a sport. Even if we choose to not play, we shall be punished for the doings by others.

Announcement: everyone plays or be played

Re <<bitcoin>>

since I have collection of all the important metals like any pharmacy has vitamins,

still have enough Portuguese gold even as the Jack commandeered a tin from allocated deep-keep to unallocated current consumption,

and

cannot be bothered to finally open my Trezor purchased many summers ago when Bitcoin was at 2,7xx level, for it seems complicated, bothersome, hard to keep track of, and it is probably easier to double the worth of a Trezor if keep it in the unopened pristine condition,

So I did the next best thing Message 32560870 and picked up some ETHE and GBTC. My DD did not turn up anything untoward. In truth my DD did not pick up anything at all.

I have no clue what the two entities do or supposed to do or can do, other than they sport 4-alphabets speculation symbols.

At least the entities do not seem to have any management, business strategy, or pesky employees - what can possibly go wrong? Buy, or Strong Buy.

BTW, the sardines were good, reported the Jack.










To: Maurice Winn who wrote (153401)1/2/2021 6:06:30 PM
From: carranza21 Recommendation

Recommended By
Julius Wong

  Respond to of 217619
 
Is it still a dud?

I am not arrogant (or smart) enough to issue an opinion.

What I do know is that many don’t think so, so I will join them, and scurry away like a thief in the night at more or less the (profitable) moment.

I don’t understand how anyone allows strong opinions get in the way of profits.

I have no idea if BTC is valuable. I do know that many, many people think so. I’ll join them, with a strong weather eye for an exit point.

In other words, I’m admittedly ignorant. Despite this, I suspect that I will profit from it.

Ditto TSLA. Already done.