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Showing 8 of 8 results by SamTheRecordMan
you will need to surround yourself with developers or programmers who believes in the same idea with you, this will make them put in more effort to ensure the project survives.
That's a great idea, thank you for mentioning that. I could recruit (or at least promote on) other forums dedicated to the topic. How do I find (and trust) programmers to create it?
you need to spend another fortune for the advertisement and promotional stuff that will enable the project to expand if and only if the project has a real use case and can somehow solve a problem.Keep in mind that all I can offer is the idea, some domain names, and some startup funding. I have neither the skills to program nor the time to learn. This project is more technical than just a simple copy-paste. The primary barrier to the project is coding.
The primary issue for me is trust as people could easily rob me of my idea. I'd rather not share the idea at all than end up as the third Winklevoss twin.
All I'd ask for is 1% of the tokens...surely they wouldn't screw me over for just 1% of the tokens?
And of course they might create their own after creating mine...would that not also be an issue?
It would probably be better to find people IRL because that way I could create legal contracts. Any idea on how I would find people IRL?
It's a novel idea with a use case that I'm surprised nobody has thought of before judging by the domain names I'm looking at. I'm sure its possible to put into code although I am no programmer myself.
A few questions:
How do I find (and trust) programmers to create it?
How much would it cost to develop if I want it to grow organically and under the radar?
What steps should I take first?
It would probably operate as an Eth token.
Thank you.
A few questions:
How do I find (and trust) programmers to create it?
How much would it cost to develop if I want it to grow organically and under the radar?
What steps should I take first?
It would probably operate as an Eth token.
Thank you.
Re: China to overtake the Us as the largest global economy by 2028?
I've seen many notable projections also about China and Russia no longer being countries by 2028 (eg splitting due to war or civil differences) which is something I think we'll see a large pressure on a split at some point (especially in china).
I think Russia is more likely to have a civil war than China but I could be wrong. Rising powers often have civil wars as in the case of the US, Soviet Union, Britain, Japan, Rome, etc.
Of course it's in a bubble, it's naive to think that we won't have a massive crash because "this time is different - we have institutional investors". But this doesn't mean that it's bad to invest in it, you can try to do some short-term trading and exit long before the crash, you can try to buy dips and sell them quickly, and dips will happen because there's always corrections in the bull market. Bitcoin is a risky investment, but the risk is justified, so the only thing investors should worry about it so not overexpose themself to it.
This. Bitcoin has crashed many times before and risen again but that hasn't stopped it from moving forward. Though I doubt it could crash to under 15-20K under current market conditions or under 10K in bad market conditions. What is more concerning is the possibility for price manipulation if large players sold all at once.
Bitcoin is a new asset class. You can't even buy it at the bank yet. There is plenty of room to grow.
We must not forget one simple truth - bitcoin, like the entire crypto market, today there is a purely speculative market, moreover, in fact, it is not provided with anything other than speculative demand. And in the first half of 2021 (+/-), the situation in 2018 with the market fall will repeat itself. Those who manipulated and cheated the market will receive income at the level of the financial ability of "home investors" to purchase the rising bitcoin, after which the flow of finance will end. Then there will be another phase of depression, the accumulation of fiat funds, and a new bubble. And this will continue until the crypto market becomes part of the real market, with a real, not inflated, cost
Good analysis. Every time bitcoin rises and then crashes it loses a little bit of faith. After the crash of 1929 people didn't want to invest in the stock market for decades.
In the early years bitcoin bubbles affected only a small number of people but as time went on those bubbles started to affect larger and larger numbers of people.
Of course it's in a bubble, it's naive to think that we won't have a massive crash because "this time is different - we have institutional investors". But this doesn't mean that it's bad to invest in it, you can try to do some short-term trading and exit long before the crash, you can try to buy dips and sell them quickly, and dips will happen because there's always corrections in the bull market. Bitcoin is a risky investment, but the risk is justified, so the only thing investors should worry about it so not overexpose themself to it.
This. Bitcoin has crashed many times before and risen again but that hasn't stopped it from moving forward. Though I doubt it could crash to under 15-20K under current market conditions or under 10K in bad market conditions. What is more concerning is the possibility for price manipulation if large players sold all at once.
Bitcoin is a new asset class. You can't even buy it at the bank yet. There is plenty of room to grow.
Bitcoin will not destroy central banks anymore than gold or penny stocks have destroyed central banks.
Lets not forget that governments control the gateways into and out of bitcoin and if bitcoin was a real threat they would have choked it to death already.
If bitcoin is the future then central banks will simply create their own version of bitcoin (ie a national digital currency with limited supply) or use bitcoin itself to back their currency (perhaps this is what smaller nations will do).
I don't think central banks are evil but they do tend to take the path of least resistance unfortunately.
Lets not forget that governments control the gateways into and out of bitcoin and if bitcoin was a real threat they would have choked it to death already.
If bitcoin is the future then central banks will simply create their own version of bitcoin (ie a national digital currency with limited supply) or use bitcoin itself to back their currency (perhaps this is what smaller nations will do).
I don't think central banks are evil but they do tend to take the path of least resistance unfortunately.
All assets that are in demand are inflated. Think about it. If everyone sold their stocks at the same time the price would crash. If everyone sold their bitcoin at the same time the price would crash. If everyone sold their gold at the same time the price would crash. If everyone sold their houses in a certain area the price would crash in that area.
This is why things like market cap are not an accurate measure of value. Value demands on the health of the larger economy.
Interesting that you mention the first iPhones. Back in those days it truly was a revolutionary product with more utility than a Blackberry (another popular brand at the time) as evidenced by the fact that no smart phone nowadays has a physical keyboard.
Btw the original white design was meant to mimic the style of kitchen appliances, bathroom fixtures, and laundry machines. It was a way of communicating that the high price was justified because it was like buying something permanent that would last for years. Kind of a genius marketing decision that flew in the face of the cheap disposable electronics popular at the time.
This is why things like market cap are not an accurate measure of value. Value demands on the health of the larger economy.
This is one of the emotions / social factors well played by iPhone in the early days. While it was not the best option from functions, from what it could do, it was priced higher than the same Android-based models. Apple refused to compete in the same old “mobile phone” space, and made out of it a life-style or new generation, where you can be upper class, while not being from there actually (google the stories people selling kidneys or taking loans to buy the new iPhone). And they succeeded! Now if you don’t have the newest iPhone – you are not cool, and “even more poor than me“, while the real elites would be buying Vertu and those phones, “fake rich” happy showing they are rich, while not being one of them. And happy to overpay for it 
Interesting that you mention the first iPhones. Back in those days it truly was a revolutionary product with more utility than a Blackberry (another popular brand at the time) as evidenced by the fact that no smart phone nowadays has a physical keyboard.
Btw the original white design was meant to mimic the style of kitchen appliances, bathroom fixtures, and laundry machines. It was a way of communicating that the high price was justified because it was like buying something permanent that would last for years. Kind of a genius marketing decision that flew in the face of the cheap disposable electronics popular at the time.