ojr

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241.
by ojr 9y ago
To be an accredited investor in the United States, you need to make at least $200,000 a year or have $1,000,000 in assets. Would you rather be funded by users of your app or accredited investors? I think in a free market, the most competiti
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by ojr 9y ago
decentralized social networks won't work because in order to keep a business running you need profits or the expectation of profits to acquire the talent needed to provide a nice user experience. Solutions motivated by capitalism will
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by ojr 9y ago
Bitcoin Cash has support from the best mining farms money can buy, it will be hard to compete with the transaction price for the foreseeable future
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by ojr 9y ago
A world where it is only legal to invest in IPOs like $SNAP and lose half of my initial investment within a few months seems unlikely. Government doesn't want to pull the plug, they want to find a way to get in on the action through ta
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by ojr 9y ago
"Blockchain" is nothing but a fancy database without Bitcoin, good luck making it completely illegal like alcohol, marijuana, torrents
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by ojr 9y ago
seeing that Koreans is the majority of the crypto market cap not Americans and South Korea was one of the few countries that was not in a recession in 2008, I am not sure why the price of bitcoin cash will plummet
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by ojr 9y ago
are you also fascinated that many internet applications are dependent on data centers in America? I think it is more fascinating that I can build a crypto application on top of infrastructure built in another continent.
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by ojr 9y ago
hard to identify a trend after 24 hours, wait a week
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by ojr 9y ago
the hashrate that bitcoin is performing at is also dropping https://blockchain.info/charts/hash-rate?timespan=30days
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by ojr 9y ago
does Ethereum/Bitcoin pass the Howey Test?
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Relative hashpower of BTC and BCH in percentage of total(fork.lol)
77 points by ojr 9y ago|38 comments
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by ojr 9y ago
If you want immutable data structures with React/React Native learn Redux with Immutable.js, it has a learning curve but will solve some of your problems
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by ojr 9y ago
bitcoin was made so that regulation couldn't interfere, bitcoin is a security as well in a global stock exchange
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by ojr 9y ago
why not just start a penny stock like the Wolf of Wall Street, no blockchain needed
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by ojr 9y ago
it took me 7 days on the Robinhood app not to settle but get the USD into my bank account
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by ojr 9y ago
worst case scenario crptocurrency is 3 days, best case is 1 hour, to sell a US stock in the worst case is 7 days, best case is 3
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by ojr 9y ago
I can see the value, it is a peer to peer dropbox that pays you in a token that can be used for speculation and immediate liquidity, think about this to sell a US stock to usd takes 7 business days, to sell a crpytocurrency to usd takes up
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by ojr 9y ago
Ethereum has a faster confirmation time, if it shows to become a better developer platform, a lot of money will be thrown at the scalability problems, for example a solution from Microsoft https://azure.microsoft.com/en-us&#
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by ojr 9y ago
the market determines the prices, thats like saying a company with a finite number of shares has protection from currency debasement
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by ojr 9y ago
bitcoin digital scarcity is overrated, ethereum has the record for most transactions in a day and surpassed bitcoin in volume, better signs of potential than an arbitrary cap limit
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by ojr 9y ago
both prices are built from speculation so both are extremely high risk, bitcoin's conservative rate of change caused the dominance from 80% to around %50. New features, developers and institutional support will be more important in the
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by ojr 9y ago
so what can Bitcoin do that Ethereum can't? I feel it must be able to do something better to justify a higher market cap than ethereum, when Ethereum adds more features faster and the marketcap reacts, past flaws would not matter too m
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by ojr 9y ago
bitcoin was created to be a deflationary currency that couldn't be regulated, the market deciding the price is a feature not a bug, not everyone agrees with their local monetary inflationary policy and bitcoin provides an alternative s
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by ojr 9y ago
not much considering $300 million usd worth of bitcoin was traded with South Korean Won in the past 24 hours compared to wannacry ransom that raised around $50k, exchanges have more influence than ransoms https://coinmarketcap.co
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by ojr 9y ago
it was a flash crash as in it ended in a flash/quickly and the price rebounded, central banks becoming insolvent and not being liquid and needing bailouts are the reason there is high speculation in crypto tokens in the first place, th
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by ojr 9y ago
invest in the high profit margin exchange or invest in one of the high volatility assets the exchange is selling? I would invest in both as a hedge.
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by ojr 9y ago
I think a better grim trigger analogy is the market cap of Ethereum surpassing Bitcoin, it proves the digital scarcity of Bitcoin doesn't matter and that opens the possibility of many kings/protocols to be dominant
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by ojr 9y ago
its all speculation, speculation, speculation, just like the US stock market just less regulated, speculators get a bad rep but do more good than harm in an economy
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by ojr 9y ago
The money from bitcoin is coming from the liquidation of the current economy (stocks, bonds, dollars), go long on the US dollar rather than short bitcoin, your sentiment analysis for cryptocurrency does not match the market
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by ojr 9y ago
19 trillion dollars are in the US stock market, and the total amount of US GDP in 2016 was 18 trillion. We have to stop pretending that the almighty US dollar and the federal reserve is so much better system than bitcoin and the developer c

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