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Digg, I think. Set up a wallet, signed up for a faucet... Then tried "mining". Thought it might be a scam and stopped everything and forgot about it until it made headlines for reaching NINE HUNDRED DOLLARS. I dug through old HDs and found the wallet. Thought I had 5btc, but it was only .05btc. Transferred it to an exchange where it's a few grand now and am just letting it ride. Coulda been a millionaire.... But likely if I had 5btc, I would have sold at $900.
I was really thinking along the lines of “we value a human life (on the high end) at roughly $10 million in cases of wrongful death or negligence.” If we apply that to SBF, he (and his accomplices) owe roughly EIGHT HUNDRED lives for the $8bn stolen… *on the low end*.
1,500,000,000 pounds! OMG Not ONE million pounds. FIFTEEN HUNDRED million pounds.
Cool. I own a business too. Doesn't make it false. If you deal in small transactions, it is significant. If you don't, which everything is trending towards, it is insignificant. Do the math yourself. A ten cent transaction fee ($0.10) on a $40 transaction represents a zero point two five percent cost. Zero point two five percent. 0.25% Do you know how much visa charges per transaction? Of course you do. You're a "business owner." Who eats that charge? The business. How big is that charge? Ten times the charge I'm talking about. Hell, I even picked arbitrarily high numbers. Let's say you use [Stellar Lumens](https://stellar.org/learn/lumens) >Right now, the minimum balance is 1 lumen and the minimum per-transaction fee is 0.00001 lumen. These are small enough to keep the Stellar network widely accessible, but big enough to discourage large-scale bad behavior. #There is no material advantage to a no-fee coin. When you can transact ONE HUNDRED MILLION TIMES for the whopping fee of $140, tell me how that matters to your business? How many transactions does your business do in a decade? Over one hundred million? Ok let's say you have ONE BILLION TRANSACTIONS in a decade. That'll be $1,400... aka $11.66 per month over 10 years. If those one billion transactions were for sales of just $1 each, it's gonna cost you 0.00014% of your sales in fees to the Stellar network, or that aforementioned $1,400. If they were, say, visa credit card transactions, you would have paid anywhere from $15,000,000 to $29,000,000. So, remind me again how much fees matter when they're so ridiculously small that they don't budge the needle? Free is not necessary, at all, and never will matter.
I remember when it was ONE HUNDRED MILLION DOLLARS 🤑
I’m all about HUNDRED, the first decentralized CD. Best-performing token of 2023, and now down since its peak, holding at over 10M market cap and waiting for more people to discover it. Already been noticed by Binance and Coinbase, but not yet listed, so a great opportunity to buy the dip and get in early. Also of interest is BYAS, which is the gate key token of the project that gave birth to HUNDRED. And BYAS has done a 10x in less than a month, leapfrogging HUNDRED and currently at $43.14 million MC.
Well, it' so much less than a single one of my ONE HUNDRED TRILLION Zimbabwean notes.
I came into this thread just to see if anyone is making fun of OP. Stupidest question. Nobody can predict BTC next week, are you seriously asking if this guy is right about BTC in ONE HUNDRED YEARS? BTC won't exist in its current form in 100 years. To put it in context, imagine you are living in 1923. World War 1 just ended. Alcohol is illegal. You're driving your new Model-T car. Radio is a new-fangled thing that is just becoming popular. Television has not yet been invented. Women just got the right to vote. Michael Saylor claims that Radio is the hottest thing ever and will just keep getting hotter and you should invest in Radio because in 2023 Radio will be the biggest thing ever.
Bitcoin will survive. Ethereum will most likely be around, simply because there are so many projects built on the network. But the fees are too high to make it useful for small transactions like buying a candy bar, because the network wasn't built to handle a high volume of transactions. Polygon can help, but it depends on ETH. I would like to see more Layer-1 blockchains that are fast, secure, and can handle a high volume of transactions, making them suitable as currency. Kaspa will fail IMO. I'm all about HUNDRED right now, the first decentralized CD. They call it a memecoin, but it has utility in the code. It's the first crypto with a cooldown period, locking your coins down for 100 hours after any transaction. Bots can't trade it, and those who just bought in can't panic-sell if someone jeets, helping to mitigate hits and prevent a "run on the bank." While everyone else talks about what they're going to do in "the next bull run," HUNDRED is already doing it. I don't even pay attention to the market, because HUNDRED isn't affected by it. I don't know if Dogecoin will be around or not. The main reason it exploded was because of Elon Musk. But a lot of former worshippers are waking up to see that he is just another scion who talks fast and buys established businesses, and not the genius they think he is. As word gets around, he's going to lose credibility, as will the projects he shills. Dogecoin is just a memecoin, and an inflationary one. Same with Shiba Inu. Pepe has a limit, but it's still just a memecoin.
Bitcoin and Ripple are a safe place to park your money, and are likely to increase in value over the long term. I don’t expect bitcoin to do 100x, though. If it does a 20x, then the market cap would be $14.75 trillion, which is more than gold ($13.2 trillion). By the time there is enough M1 to make that feasible, USD will probably be worth 1/10 what it is now. I intend to buy bitcoin eventually, but right now I’m looking for greater growth potential. I’m in HUNDRED right now, which managed to defy the crypto winter for six months. Some of the old whales recently sold everything they had, bringing the value halfway down. But we’ve already recovered about 30% of the dip, and at least one of the whales traded all their HUNDRED for a s***coin that promptly rugged, and now they have nothing. I guarantee they’ll be back in HUNDRED soon. If you want to stick with safe investments, you might look into staking to at least earn some interest on it. Bitcoin uses a proof-of-work model, so you cannot stake directly on the blockchain. You can stake through an exchange, but the rewards are low. Binance offers 1.7% APY for staking bitcoin. You could do better than that with something like Fundrise.
I have yet to find anything in crypto that offers a passive income stream significant enough to live on, unless you stake $800,000 worth of stablecoins at 5% APY. I’ve been eyeballing Dan Ryder’s strategy of providing liquidity with stablecoins in high-yield pools, but I have to have $5,000 to play with until he will play with me. If people still think he’s legit my the time I have that much money I can afford to throw away, then I’ll probably throw in with him. If you’re interested in holding for a few years, the first and only crypto that has ever had me bullish beyond the shadow of a doubt is HUNDRED (not to be confused with Hundred Finance, or HND). It was launched in May on the BSC and ETH blockchains, and is the first crypto with a “cooldown” period baked into the code. Any time you make any transaction, be it buying, selling, staking, sending, or receiving, it starts a 100-hour timer on your wallet. You have to wait 100 hours (four days and four hours) before you can touch it again. It addresses the two main problems that stunt a coin’s growth: jeets and trading bots. People have been selling, and a few others would panic sell afterwards, but HUNDRED has been able to weather the storm for five months and keep going up, while bitcoin and all the others are waiting for the next “bull run.” I initially bought 16 million coins on the BSC side for $130, and have since sold 6 million. The 10 million I have left are now worth $1,370.79. I’m waking up to a new ATH almost every single day, and sometimes several times a day. According to Google, about 86% of all trading volume in crypto is generated by bots. But because of the 100-hour hold, bots can’t trade HUNDRED. Binance.com has just listed it (I’m waiting to see what happens when it gets on Binance.US and Coinbase). On the BSC side, it’s already done a 2000x in five months, and the market cap is only $13.73 million at the moment ($2.46 million on the ETH side). They’re calling it the first decentralized CD, and I believe this is going to disrupt the crypto space and make headlines in the coming months. Here the charts for [BSC](https://coinmarketcap.com/dexscan/bsc/0x2d8b5b50033554d2645ffb782b4b96a1da994150) and [ETH](https://coinmarketcap.com/dexscan/ethereum/0x63221ae0defe5b2e3e4901df45b2fc7a3985451f).
Perfect! So they’re not even holding or buying the bitcoin, that’s all facilitated through Coinbase. This ETF is just a Coinbase ETF with BlackRock scribbled over it to take their fees and add trust through their brand name! Can’t wait to be downvoted to hell of even banned just because I didn’t say the ‘BLACKROCKS ABOUT TO BUY ONE HUNDRED TRILLION BAZILLION DOLLARS WORTH!!!!’ that everyone wants to here. Posts like mine that actually explain finance seem to ‘disappear’ with the mod’s help really quick. Oh well. They’re only fooling themselves.
Man. My friend lost money. Locked behind that stupid "Funds" verification fee. NO EXCHANGE require you to DEPOSIT TWO HUNDRED FREAKING DOLLARS in order to UNLOCK your withdrawals. *Hey, we seized your money. Please send us more money to unlock you're already owned money!" Ffs.
You can’t feed an army with 1 bag of rice by simply giving every soldier 1/10th of a grain of rice for dinner. Similarly, if you think you can “just divide” money or a commodity and have each unit be effectively worth the same, *THEN HAVE I GOT A DEAL FOR YOU!!!!* I’ll give you *TEN* gold nuggets for your *ONE* gold bar! What a deal! I’ll give you *TWENTY* pennies for your *ONE* five dollar bill! What a deal! I’ll give you *ONE HUNDRED* Sats for not a single bitcoin, not even half a bitcoin, but just *ONE-TENTH* of a bitcoin! *BUT HURRY AND ACT NOW, AS THIS DEAL IS SURE NOT TO LAST!!!*
Omfg the irony , your first comment is shilling blockfi AND Celsius no wonder you're a naysayer now Not to mention you getting called out with the "too good to be true " for shilling 10%apy in defi and you double down saying you can get more from stable coins. Yet you're here criticising a platform that runs on TWO HUNDRED PERCENT OVERCOLLATERALISED LOANS Get out while you can buddy you don't have the brain to survive Not even being a btc/eth maximalist will save you from that lack of judgement
Lol a WILD prediction of 100%! ONE HUNDRED PERCENT!?!? no fucking way! The crypto world has never seen such numbers.