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Re: Cryptocurrency Market Capitalization Can Top 4 Trillion USD (detailed analysis)
The whole point of blockchain technology it is its decentralization.
If a company implements its own private blockchain, it won't differ from usual database with many backups on different servers.
If a company implements its own private blockchain, it won't differ from usual database with many backups on different servers.
I like it that you agree with me and not with the "detailed analysis' you have made.
Those 3.1t in market cap will not exist. Companies that implement the block chain as a solution won't inflate the market cap of coins as there is not going to be a coin in the first place, not even talking about a public traded one.
And if I dig deeper into this, let's assume as per your model shares will be replaced by tokens.
This doesn't mean wow, new tokens, new crypto.
It will still be Walmart and Boeing, not walmartcoin, and the value of those tokens will not have anything to do with the chaotic market we have now.
I didn't agree with you) I said that IT services will partly depent on public blockchains, and cryptocurrencies will be needed to utilize benefits of those public blockchains.
Also, my model has no suggestion about shares will be replaced by tokens. It's only about utility value of public blockchains.
Oh yes you did.
Quote
If a company implements its own private blockchain, it won't differ from usual database with many backups on different servers.
While in the "detailed analysis" you said:
Quote
Lets make a very conservative assumption, that only 10% of IT and financial services will be improved with the help of blockchain technology and will depend on blockchain in the future. That gives us $3.1 trillion in utility value, which blockchain technology can provide. Once again, this is a very conservative estimate.
If you don't realize what is wrong and what is the contradiction between those two then you should work on the analysis. You can't calculate the marketcap of utility by throwing around percentages.
Second, it seems you have quite a hard time understanding that the blockchain can be used without cryptocoins or tokens. There are a lot of projects there that don't use any.
No, I didn't
I will change
"10% of IT and financial services will be improved with the help of blockchain technology and will depend on blockchain in the future"
to
"10% of IT and financial services will be improved with the help of blockchain technology and will depend on public blockchain in the future"
since it's not obvious for you)
Re: Cryptocurrency Market Capitalization Can Top 4 Trillion USD (detailed analysis)
The whole point of blockchain technology it is its decentralization.
If a company implements its own private blockchain, it won't differ from usual database with many backups on different servers.
If a company implements its own private blockchain, it won't differ from usual database with many backups on different servers.
I like it that you agree with me and not with the "detailed analysis' you have made.
Those 3.1t in market cap will not exist. Companies that implement the block chain as a solution won't inflate the market cap of coins as there is not going to be a coin in the first place, not even talking about a public traded one.
And if I dig deeper into this, let's assume as per your model shares will be replaced by tokens.
This doesn't mean wow, new tokens, new crypto.
It will still be Walmart and Boeing, not walmartcoin, and the value of those tokens will not have anything to do with the chaotic market we have now.
I didn't agree with you) I said that IT services will partly depent on public blockchains, and cryptocurrencies will be needed to utilize benefits of those public blockchains.
Also, my model has no suggestion about shares will be replaced by tokens. It's only about utility value of public blockchains.
Re: Cryptocurrency Market Capitalization Can Top 4 Trillion USD (detailed analysis)
Quote
Lets make a very conservative assumption, that only 10% of IT and financial services will be improved with the help of blockchain technology and will depend on blockchain in the future. That gives us $3.1 trillion in utility value, which blockchain technology can provide. Once again, this is a very conservative estimate.
Hilarious...
You know, since this whole world runs on electricity is somewhat of a mystery that electric companies are not worth also 31.31 trillions.
Or how Toyota and Volkswagen Group are bigger than RDS since their cars run on gas.
A company can implement a blockchain solution with no coins, no value just like a database.
Not all blockchain solutions will have coins that will be traded on yobit.
The whole point of blockchain technology it is its decentralization.
If a company implements its own private blockchain, it won't differ from usual database with many backups on different servers.
Cryptocurrency Market Capitalization Can Top 4 Trillion USD (detailed analysis)
Guys, please check my article, in which I provide reserch and calculations of potential value of cryptocurrency market:
http://www.crypto-reporter.com/news/cryptocurrency-market-capitalization-can-top-4-trillion-usd-1440/
$4 trillion is according to conservative approach, it could be much more
I've used info about global money supply and about value of IT&Financial industries for calculations
Provide your oupinion, share your thoughts, please
http://www.crypto-reporter.com/news/cryptocurrency-market-capitalization-can-top-4-trillion-usd-1440/
$4 trillion is according to conservative approach, it could be much more
I've used info about global money supply and about value of IT&Financial industries for calculations
Provide your oupinion, share your thoughts, please
Re: [ANN][NYC] NEW YORK COIN at 2017 MACY'S THANKSGIVING DAY PARADE IN NYC!
Am I correct that NYC is positioning itself as coin with no transaction fees?
Correct!
Then what is the motivation for miners to process the transactions once all new New York Coins will be emitted? How will the network sustain itself?
I'm a large NYC bag holder and I want to clarify this question
NYC, unlike BTC, has unlimited emission. If we agree to reduce block reward, we can make a constant 1%/year "inflation", less than USD and others fiat currency
That would be great if NYC implements 1% yearly inflation
Re: [ANN][NYC] NEW YORK COIN at 2017 MACY'S THANKSGIVING DAY PARADE IN NYC!
Am I correct that NYC is positioning itself as coin with no transaction fees?
Correct!
Then what is the motivation for miners to process the transactions once all new New York Coins will be emitted? How will the network sustain itself?
I'm a large NYC bag holder and I want to clarify this question
Your top 10 cryptocurrencies with the greatest potential in 2018-2019?
My bets are:
STX, Stox - decentralized prediction market platform (the company behind the project owns Invest.com)
PAY, TenX - cryptocurrency prepaid card (rised $80 million during ICO, have a lot of funds to outrun competitors)
WTC, Waltonchain - combination of RFID, IoT and blockchain technologies (huge demand in the nearest future)
SNM, SONM - a platform for decentralized computation (very strong team, several partnerships already, potentially huge demand in future)
CVC, Civic - secure identity platform (a lot of blockchain platforms will integrate Civic solution)
POWR, Power Ledger - blockchain based peer-to-peer energy trading platform (great idea, clear vision, potential worldwide adoption)
ENG, Enigma - data-driven crypto investment platform (forunders are MIT graduates)
DASH, Dash - instant, private payments (large developers team, constant progress)
ODN, Obsidian - secure messenger and payments (great development team, very undervalued right now)
TNT, Tierion - data verification technology (working product already, very undervalued right now)
STX, Stox - decentralized prediction market platform (the company behind the project owns Invest.com)
PAY, TenX - cryptocurrency prepaid card (rised $80 million during ICO, have a lot of funds to outrun competitors)
WTC, Waltonchain - combination of RFID, IoT and blockchain technologies (huge demand in the nearest future)
SNM, SONM - a platform for decentralized computation (very strong team, several partnerships already, potentially huge demand in future)
CVC, Civic - secure identity platform (a lot of blockchain platforms will integrate Civic solution)
POWR, Power Ledger - blockchain based peer-to-peer energy trading platform (great idea, clear vision, potential worldwide adoption)
ENG, Enigma - data-driven crypto investment platform (forunders are MIT graduates)
DASH, Dash - instant, private payments (large developers team, constant progress)
ODN, Obsidian - secure messenger and payments (great development team, very undervalued right now)
TNT, Tierion - data verification technology (working product already, very undervalued right now)
Re: [ANN] [Rupee][RUP] Relaunch. CryptoCurrency for India, South Asia and the world!
Vote for Rupee in Suppoman's poll here https://twitter.com/MichaelSuppo/status/932235181976678401
If Rupee wins the wote, he will coverthe coin next week
If Rupee wins the wote, he will coverthe coin next week
Will hedge funds short or long Bitcoin immidiately after CME starts BTC futures?
Currently there are not many ways to short Bitcoin. Once CME starts derivatives (in December 2017), it will be very easy for hedge funds to play bearish on Bitcoin. What do you think?
You can also vote here:
https://twitter.com/ReporterCrypto/status/931533489337495552
You can also vote here:
https://twitter.com/ReporterCrypto/status/931533489337495552
Will hedge funds short or long Bitcoin immidiately after CME starts BTC futures?
Currently there are not many ways to short Bitcoin. Once CME starts derivatives (in December 2017), it will be very easy for hedge funds to play bearish on Bitcoin. What do you think?
You can also vote here:
https://twitter.com/ReporterCrypto/status/931533489337495552
You can also vote here:
https://twitter.com/ReporterCrypto/status/931533489337495552
Re: [ANN] [Rupee][RUP] Relaunch. CryptoCurrency for India, South Asia and the world!
I don't get it why named the coin to a specific location. It lowers the chance to use globally.
This way it will appear more "native" to South Asians and will potentially have large demand from them
Re: [ANN][NYC] NEW YORK COIN at 2017 MACY'S THANKSGIVING DAY PARADE IN NYC!
Guys, you really need to update the website. Current website http://nycoin.net looks like websites from early 2000....
Install wordpress, add template and that's it, you'll have much more attractive website
Install wordpress, add template and that's it, you'll have much more attractive website
It seems that there is no updates from the dev team for a long time. What is going on? What I can se is the price is falling.
they are posting updates every week in Telegram. Usually on Fridays