Brownslave688
You want a toe? I can get you a toe.
I don’t know about bitcoin but USD is literally a Ponzi scheme on a global level. Eventually the house of cards comes crashing down.
Bitcoin/Ethereum/cryptocurrencies
- Thread starter 35years
- Start date
Brownslave688
You want a toe? I can get you a toe.
rod
Retired 23 years
Rich dude can't remember his password to get at his 200 million in Monopoly money. You don't think thats funny?
Brownslave688
You want a toe? I can get you a toe.
rod
Retired 23 years
Another video mentioned he was richer than hell anyway and hasn't let it bother him.
Brownslave688
You want a toe? I can get you a toe.
Over70irregs
Well-Known Member
Time to start bribing to get that cheddar.
DriveInDriveOut
Inordinately Right
Such as?
Brownslave688
You want a toe? I can get you a toe.
This would be the project I’m most confident in right now. There are others that have great tokenomics but no real proof of adoption.
OriginTrail Explained – A 20 Minute Guide
origintrailexplained.info
Brownslave688
You want a toe? I can get you a toe.
GS1 Membership means the OriginTrail Protocol will speak ‘The Global Language of Business’
We are proud to announce that on the 30th of January, OriginTrail became a member of GS1 (application through Slovenian office). GS1 is the…
DriveInDriveOut
Inordinately Right
Jesus dude, I'm a truck driver.This would be the project I’m most confident in right now. There are others that have great tokenomics but no real proof of adoption.
OriginTrail Explained – A 20 Minute Guide
wilberforce15
Well-Known Member
10% of my net worth into staking Ethereum and Cardano.
It's like dividends, but wildly better.
It's like dividends, but wildly better.
DriveInDriveOut
Inordinately Right
So I feel like a big part of bitcoin mania is because of easy access like robinhood.GS1 Membership means the OriginTrail Protocol will speak ‘The Global Language of Business’
We are proud to announce that on the 30th of January, OriginTrail became a member of GS1 (application through Slovenian office). GS1 is the…medium.com
You buy that stuff on coinbase or what?
I guess I'm not understanding why the price would increase. Bitcoin as a digital gold almost makes sense, but why would utility tokens rise, if another token system or whatever could be made?
wilberforce15
Well-Known Member
Robinhood is mostly irrelevant.
The demand is from large institutions that dward any retail phenomenon.
Square, Paypal, Grayscale, etc. buy way more bitcoin every single day than is produced. This is a reliable, institutional phenomenon now. Robinhood and all the retail investors barely matter any more.
Brownslave688
You want a toe? I can get you a toe.
Lmao ok think about how fragmented supply chains are. Like a little Debbie snack may have 8 different supply chains to get ingredients to the plant to make it. Ideally those supply chains have a way to share info with each other. But they may also be competitors so company even though company C may want the data company a and b don’t want each other to have access to that data because they could use it against each other.
OT steps in as a decentralized protocol that says hey we will be the middle man for the data and get it where it needs to go. For the specified amount of time. But to do this the companies must use the token. It’s how they pay for “jobs” (the storage of data). This gives the token value. As long as there are companies wanting to share/store data on the network the token has value because using the toke is the only way for them to use the network.
Brownslave688
You want a toe? I can get you a toe.
I wouldn’t say that. Retail investors took the entire market to just shy of a trillion dollar market cap. Now it’s just over a trillion dollar market cap.
Yes they’re more relevant every day but retail investors and old guard whales who have thousands of BTC can still move the market themselves.
Brownslave688
You want a toe? I can get you a toe.
You can make another utility token that does the same thing sure. But think about how many companies stick with ups because of the pain it would be to shift everything over to FedEx. Or who used windows even though there’s better options out there.
Utility tokens will work on a base level that will be very hard for companies to just up and switch to another one if they want after being implemented.
Some of these supply chain tokens may take years to implement across an entire supply chain. Once implemented companies aren’t going to switch from that on a whim.
wilberforce15
Well-Known Member
The number of whale wallets are increasing in size and number, while retai-sized wallets are not. I love how trackable this data is.
Small investors have a much harder time moving a trillion dollar market, and they'll have no chance to move it when it's 5T or 10T
Brownslave688
You want a toe? I can get you a toe.
Very true but some of those whale wallets aren’t institutions either. They’re just guys who have been in bitcoin for a decade.
I agree and that’s why hopefully when we get to the 5T or 10T mark we should stop having these wild 30% up 40% down weeks.
