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Showing 20 of 139 results by popovicbit
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Topic OP
Real Estate Listing Service Owned by Agents via blockchain (Primer)
by
popovicbit
on 20/10/2022, 20:15:03 UTC
PRIMER:

Internet Listing Service, or ILS, an online real estate search database, showing properties and units that are for rent or sale. Prior to the explosion of the internet, the primary way real estate listings were promoted was via newspaper advertising, real estate agents, and traditional “for rent/sale” signs in front of properties. With the steady decline of newspaper readership, printed real estate listings have also all but disappeared. The power of the internet has transformed the way real estate listings are advertised no less than it has transformed the entire advertising business.

People are more likely to start their apartment or home search on the internet today than ever before. For example, 86% of renters use an ILS platform during their search and the average renter is on four different sites before they sign a lease. According to The National Association of Realtors, 52% of buyers found their home on the internet, 29% from a real estate agent, and 6% from a yard sign/open house. These trends seem to be here to stay as the younger generations grow increasingly reliant on the internet for goods and services.

The move to online advertising created a flood of newly formed companies employing novel strategies to display listings and capture the widest public attention. Initially, brokerages took advantage by posting their listings for free on every new website that popped up. Agents sucked up all the digital traffic from these websites, and owners began paying commissions to agents for their leads. This period coincided with another boom in the real estate market – rental agents. The aftermath of the Great Financial Crisis saw a decline in home sales and an increase in people looking to rent. These market forces naturally led to brokers focusing on listing apartments/homes for rent instead of homes/condos for sale. 

Towards the end of the 2010’s the ILS market has worked out all the kinks on the best way to search, post and organize real estate listings. Owners can now easily pay to post their vacancies and set up showings directly through these platforms. This has caused real estate professionals to question whether these giant internet companies will seek to displace classic brokerages altogether.

Like most new ventures in growing markets, many companies failed. The ones that didn’t were consolidated into a few major players. Those major players – the ‘Big 3’ – are Zillow, Apartments.com, and Realtor.com. Realtor.com is operated by a News Corp. subsidiary, Move, Inc., and is associated with The National Association of Realtors. As of mid-2020, they claim to be receiving approximately 68 million unique visitors a month.  Zillow has been called the ‘Facebook of Real Estate’ by buying up a wide array of real estate related companies, even one of its biggest competitors, Trulia, for $3.5 billion in 2014. They claim to receive 36 million unique monthly visitors. The large international commercial property company of Costar Group purchased Apartments.com in 2014. Their marketing budget ballooned to $250 million in 2020 alone, well above the $150 million they spent in 2019, and vastly more than any other ILS. 

This has led to a paradox: there are a multitude of ILS sites to choose from, but ownership of these sites has consolidated to just a few big players. This concentration of ownership in a small number of entities has increased their leverage over other real estate stakeholders – agent/brokers, landlords, and management companies.  The natural result of this consolidation is a decrease in competition and an increase in price. By capturing a critical mass of the traffic and pushing out the competition, the ‘Big 3’ has been able to increase pricing. That is great news for these Silicon Valley behemoths, but bad news for brokers and owners with online listings more expensive than ever. 


Answer: An ILS that is owned by the actual people that make it run, AGENTS and LANDLORDS. I'm looking for some help on this forum from people who know how this can be done via blockchain.
Post
Topic
Board Speculation (Altcoins)
Re: Will Tether crash to $0?
by
popovicbit
on 09/10/2021, 18:30:55 UTC
I can't believe the cognitive dissonance going on around here. Bitcoin/cryto used to be about not trusting 3rd parties by cutting out the middle man.

"don't trust, verify" turned into "haven't verified, but I trust them" LOLOLOLOL!

Tether proven itself to be trusted over the years. Their balance sheet is nearly  $70b and that's bigger than the most US banks. If there was anything shady, the US would shut them down.

Ask yourself why you trust Tether so much? I think the simple answer is greed, people "in the know" realize there is something shady going on, but everyone wants to get rich. The party is not going to end well...this will make mt. gox seem like child's play because back then your average joe wasn't invested in crypto.

Tether is too big to fail now. If there are any misdoings, the central bank of Bitfinex will fix the situation by printing more tethers. It is that easy.

Remember the part in the move "The Big Short" when the stripper says she has 4 or 5 condos? Well that's the crypto community at the moment...having too much fun chasing dollars and not stopping to ask if this is sustainable or healthy.
BTW, the lights will turn off all at once, so don't think you will have time to get out.

That's all hater/bear talk. Enjoy staying poor.

1. Idk if you are following the news lately, but the US government is coming after Tether.  The head of the SEC has been on a public road show for the past couple of months saying "WE ARE COMING". That's why Binance and other exhcanges are trying their hardest to clean up their act by taking away leverage and cutting off lots of countries. The music is slowing down and people on the inside know it. The Coinbase CEO is basically crying on Twitter every week now bc he knows what's coming. The US government works very, very slow..tons of bureaucracy.  Once they get you in their cross hairs, then you are in for a world of pain.

2. One of the main reasons the US government is coming now is precisely because their balance sheet is $70 billion. Tether failing now might spill over into other financial markets, so they want to stop this before the bubble gets even bigger.

3. Bitfinix can do nothing once Tether goes down because people will lose confidence in Tether. Once confidence is gone then you can print all you want, it won't matter if nobody will touch it.

4. I'm actually replying to you because you seem like a real person...most of the other reply's look like "copy/paste" jobs (I wonder by whom?). I'm a believer in crypto long term, but the sooner this gets cleaned up the better. The technology is too good to have bozos like Tether and Bitfinix associated with it.
Post
Topic
Board Speculation (Altcoins)
Merits 1 from 1 user
Re: Will Tether crash to $0?
by
popovicbit
on 09/10/2021, 00:20:57 UTC
⭐ Merited by Kyraishi (1)
I can't believe the cognitive dissonance going on around here. Bitcoin/cryto used to be about not trusting 3rd parties by cutting out the middle man.

"don't trust, verify" turned into "haven't verified, but I trust them" LOLOLOLOL!

Ask yourself why you trust Tether so much? I think the simple answer is greed, people "in the know" realize there is something shady going on, but everyone wants to get rich. The party is not going to end well...this will make mt. gox seem like child's play because back then your average joe wasn't invested in crypto.

Remember the part in the move "The Big Short" when the stripper says she has 4 or 5 condos? Well that's the crypto community at the moment...having too much fun chasing dollars and not stopping to ask if this is sustainable or healthy.

BTW, the lights will turn off all at once, so don't think you will have time to get out.
Post
Topic
Board Project Development
Re: Anyone starting a cryptocurrency exchange?
by
popovicbit
on 02/01/2018, 18:21:07 UTC
Responses here actually show how disturbing this topic is. Starting an exchange is logistically and technically a very challenging project. There are compliance and regulatory requirements which need addressed, adhered to and complied with. Then the staffing or manpower element which is a core determinant of any exchange's operational efficiency. These are just some of and in fact the least of requirements to worry about. It's an extremely complex investment and project combined in one.

Software alone is not in itself what one needs to start an exchange... UNLESS some of those who responded here have other (more sinister) motives in mind. By that, I mean one basically creates a fly by night website with all the bells and whistles and impressive trading tools etc. Then this "software" sold here is simply integrated into that website. Voila and the exchange is up and ready. Hot wallet nicely set up... pretty much the website owner's bitcoin wallet. Setting up overnight exchanges is all the rage now. It is seen as the pathway to a quick buck.

And I think I know why offers like this tend to be very attractive: exchanges are seen as a surefire moneymaking scheme and a way to avoid escrow.

It is interesting that Coinbase is the first unicorn in the crypto space because they have done all that heavy lifting you outlined in your post. Given the huge upfront costs and risk, I think there still needs to be 5-10 Coinbase type exchanges based in the U.S. within the next 5 years.

I am very interested in the idea of starting an exchange, but one that follows in the footsteps of Coinbase. I am budgeting 1-2 million and 2 years to get all the necessary government approvals.
Post
Topic
Board Project Development
Re: Healthbase is looking for additional team members!
by
popovicbit
on 26/10/2017, 19:25:30 UTC
Do you have any more history of your founding team?

There doesn't seem to be a linkedin for anyone except the CEO and his was recently created.
Post
Topic
Board Project Development
Idea of novelty coin
by
popovicbit
on 29/06/2017, 16:32:04 UTC
Hello,

I have this idea for a novelty/satire coin.

 PUMP & DUMP COIN aka SCAM COIN

What does this coin promise to do or track?
- Absolutely nothing. This coin is solely made to enrich the guy who thought of it i.e. me

What is "under the hood"?
- A bunch of back doors that my dev team and I can utilize if "security reasons"/I just feel like it.

Who is behind this coin? Who is part of the team?
- Anonymous bitcoin forum user and other anonymous dev team members. Trust us, we are legit.

How many coins are available for the ICO?
- As many as you suckers are willing to buy.

Is there short term value?
- If you sell before the dump

What is the long term value?
- None


The white paper can be 1 page long with minimal info.

This idea came to me because of the frenzy in the alt coin space and I thought it would be funny if someone actually made this type of coin to see the response.]


Would there be any laws broken if I actually made this type of coin? Would it be considered deceptive?
Post
Topic
Board Altcoin Discussion
Idea for novelty coin?
by
popovicbit
on 23/06/2017, 20:51:12 UTC
Hello,

I have this idea for an novelty/satire coin.

 PUMP & DUMP COIN aka SCAM COIN

What does this coin promise to do or track?
- Absolutely nothing. This coin is solely made to enrich the guy who thought of it i.e. me

What is "under the hood"?
- A bunch of back doors that my dev team and I can utilize if "security reasons"/I just feel like it.

Who is behind this coin? Who is part of the team?
- Anonymous bitcoin forum user and other anonymous dev team members. Trust us, we are legit.

How many coins are available for the ICO?
- As many as you suckers are willing to buy.

Is there short term value?
- If you sell before the dump

What is the long term value?
- None


The white paper can be 1 page long with minimal info.

This idea came to me because of the frenzy in the alt coin space and I thought it would be funny if someone actually made this type of coin to see the response.]


Would there be any laws broken if I actually made this type of coin? Would it be considered deceptive?
Post
Topic
Board Economics
Re: The Era of P&D Is Over
by
popovicbit
on 22/05/2017, 19:48:25 UTC
Can you please point to an event, statistic, or underlying betterment of BTC's protocol that can justify the recent rise?


Japan:
I am sure money from this market has made a difference, but not on the scale we are seeing.

Code:
Taking todays announcement into consideration, there has not been a major settlement with the scaling issue.

Institutional, Hedge Funds, Governments:
I've heard rumors that money from these type of places has finally wised up and decided to enter the game. This rumor is often repeated, but never verified. I actually think once this rumor becomes a reality(sometime in the future), that is when we will see 10k per coin and up.

Bottom line, BTC's market cap and the liquidity on the exchanges still allows for wales to pump and dump. Wales aren't the only ones to blame. There are plenty of average people/traders buying BTC because they think this gravy train will not stop.

In fact, this thread is a good indicator we are in a bubble or just entering one. A bubble is when everyone at the party is drunk and cannot think rationally. If I say "BTC will only keep going up", that is an IRRATIONAL statement. Change the subject BTC with Apple stock or Real Estate prices and you will see how stupid it sounds. The fact that people believe BTC cannot be dumped means they are currently drunk.
Post
Topic
Board Speculation
Re: Buy Low / Sell High!
by
popovicbit
on 22/05/2017, 16:35:19 UTC
We are seeing panic buying right now.
It would be wise to sell at least part of your BTC and buy back for a profit on a correction.
If that fails?
Sell a bit more! The price will be at least temporarily lower (than 2138.45 USD at BTC-e) in the near future.

Enjoy the ride.

I am also of this feeling.

There is absolutely no reason the price should be going up this fast and this long. Japan, lack of withdrawals from exchanges, blah blah blah....

The run up from 1250 has been a big feedback loop and I'm sure wales are just adding fuel to this fire.

If someone could point to some institutional investors, hedge funds, or governments buying up BTC in the last month I would concede that we entered a new phase. This doesn't seem to be the case.

Look through this forum or reddit...the amount of comments saying "this will be 5k, 10k in no time" is a signal of the frenzied state of mind people are currently in.

Just to be clear, I am a HLODer for the long term, but I cannot think this will be too healthy of BTC in the short run.
Post
Topic
Board Speculation
Re: 1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYM
by
popovicbit
on 17/05/2017, 20:04:38 UTC
This is a crazy amount of coins.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
popovicbit
on 12/05/2017, 19:51:32 UTC
Down we go. Where does everyone think it stops?

This is where the weak hands who have bought in the past 2 weeks might start to panic.

WELCOME TO BITCOIN
Post
Topic
Board Bitcoin Discussion
Re: @RogerVer lets make a deal. At least 60k, my BTU for your BTC.
by
popovicbit
on 23/03/2017, 15:18:29 UTC
I got 5 on it.
Post
Topic
Board Project Development
Re: How to make 21.co for text messages?
by
popovicbit
on 23/02/2017, 19:30:24 UTC
It's not possible , emails are a professional way to contact people while sending SMS is definitely not something you will use to contact a business or something.

Good point. Can't you hide your actual phone number though? 

I think this would be more marketable if it was not in email form.
Post
Topic
Board Project Development
How to make 21.co for text messages?
by
popovicbit
on 23/02/2017, 19:19:57 UTC
Hello,

21.co is a company that charges people to send emails. "It's like LinkedIn InMail, except you get paid!" is what it reads on its website.

"Set up a 21 profile to receive paid messages from people outside your network."

This is the website:
https://21.co


Can this work with text messages instead of emails?

Why or why not?
Post
Topic
Board Project Development
Re: Bigger ideas
by
popovicbit
on 21/02/2017, 17:38:24 UTC
Why start another gambling site? That wouldn't add anything new to the BTC community or expand it's user base...not fun or cool.

If I had millions to invest I would start a VC fund and be an early investor in BTC projects. With $2 mill to invest / $50,000 seed money per company = investing in 40 start ups in the BTC space.  It is a numbers game, the more ideas that get funding and see the light of day, the greater chance one sticks and solves a problem that changes the world.

Post
Topic
Board Politics & Society
Re: Do you hate muslems?
by
popovicbit
on 17/01/2017, 18:00:53 UTC


Hitler was not a christian but a protomuslim, he even blamed christianity for his failures.

In congo they used to practice human sacrifice and voodoo before.




Nice try.
Post
Topic
Board Politics & Society
Re: About 100 feared drowned after boat sinks off Libya
by
popovicbit
on 17/01/2017, 17:55:27 UTC
I am no denying that Libya & Syria are war torn countries unfit for having normal life... but why all these refugees instead of seeking help from very rich Muslim countries - like Bahrain, Kuwait, Oman, Qatar, Saudi Arabia are fleeing to Europe? Which is far more exotic place for them? Aren't most of them Muslims, raised in similar environment and living by the same laws as their Muslim brethren?

I think people in the West tend to assume people from the middle east view Europe and America as somehow exotic/foreign. This is because they are projecting their own prejudice on others. People are people. Everyone knows the west is developed and is light years ahead of those oil rich countries you named. If your country was ravaged by civil war you would be doing the same thing.

Similar environment...by the same laws? That is a terribly simplistic understanding of what is going on. Although not wholly similar situations, but why don't Mexicans go to Argentina as oppose to the USA? Argentina has the same language(spanish) and religion(Catholicism). Comparatively, the US is a far more exotic place to them.

The point being, people look for countries that are stable, have functioning institutions, and some level of justice. For a myriad of reasons, the middle east is lacking countries that share those characteristics. The ones that are relatively stable, Turkey and Jordan, are over flooded with refugees.
Post
Topic
Board Politics & Society
Re: Do you hate muslems?
by
popovicbit
on 17/01/2017, 17:25:18 UTC

Tell me a christian nation that is not prosperous and does not respect human rights, maybe only russia with orthodicks

Are you serious?

The Democratic Republic of the Congo.
South Africa


Hitler's Germany was wonderful with human rights.
Post
Topic
Board Speculation
Re: Trump inauguration and Bitcoin price
by
popovicbit
on 17/01/2017, 17:09:14 UTC
Do you think this event would influence investors to move towards Bitcoin or Gold?

You are asking the wrong question.

The real way to think about short term price movements is...what future event can manipulators use to their advantage to pump or dump btc?


The whole China narrative was great for manipulators.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
popovicbit
on 04/01/2017, 17:27:27 UTC


PUMP!