I've spent a good amount of time submitting code to
@lightning
's desktop app over the past week or so. Here's just a preview of how fast the
#LightningNetwork
is. Spoiler alert: It's awesome! ⚡️
Very healthy for
#bitcoin
to hover around 14-15k these past few days to allow 200 DMA to catch up. Bitcoin is now in very strong hands and can get ready for its next ramp up.
Last year, banks made $6.4 bil on overdraft fees. Interest rates on savings accounts are at an all time low. Bank transfers take 3-5 working days. The system is flawed and outdated. Our traditional banking system will not be able to compete with
#Bitcoin
& the lightning network
Kraken has never been hacked and still remains unhacked. We are one of the only exchanges that can say this with confidence. There is no doubt we dropped the ball on the upgrade, and we are ashamed. But all funds are still safe. Please visit for updates.
With Lightning,
#Bitcoin
will be a faster, cheaper, and more secure form of payment than visa/banks. Bitcoin is a protocol like HTTP. Would you have invested in HTTP in 1995? An investment in $BTC is an investment in our new payment system and the first protocol you can invest in
No one will ever carry around a cell phone when there's a pay phone on every corner.
No one will ever buy things online because they prefer to see them in person.
#Bitcoin
won't succed because it isn't backed by a government.
History has a funny way of repeating itself.
From 50 cents to now at $18.50 🚀 I was always extremely bullish on $EOS. They called it a scam, a fraud, everything you could think of. I've been involved in EOS since the day it was announced and am still just as bullish as I was on day one.
#StellarLumens
passes $LTC in market cap. $XLM can send and confirm in ~5 seconds for fractions of a penny making it the best currency on the market today for payments and will be a huge vehicle for ICOs going forward. Extremely bullish on the future of Stellar.
No government or entity should be able to censor what you can / cannot buy with your own money. Ironically, banks banning credit transactions for cryptocurrency shows the need for cryptocurrency.
$EOS announces ALL of Everipedias tokens to be airdropped to EOS holders at equal ratio. If you are 100th largest holder of EOS you will be 100th largest holder of Everipedias token. Super promising project by the cofounder of Wikipedia. Now makes holding EOS even more valuable.
It's funny how the $EOS narrative has changed over the past few months. Once referred to many as a "known scam" is now referred to by the same people as 1 of the most promising innovations in blockchain tech. Always keep an open mind in the space, there is no room for maximalism.
The Saga by
@solanamobile
is officially the coolest product I've ever seen in crypto. Really blown away by it.
It's exactly what I imagined crypto being when I got into it nearly 7 years ago. And I'm super bullish on Solana and the future of this phone. Amazing work.
DPoS presents a unique tax advantage over
#ethereum
not often talked about. The IRS classifies cryptocurrency as property. Every action on the ethereum network is a transaction and thus a taxable event. With $EOS, due to no transaction fees, every action is not a taxable event
$EOS... can't say this enough. This platform will change the world. Highly scalable, decentralized blockchain built for business with no tx fees for end users and up to 1,000,000 tx/s. The future of blockchain is launching in June.
"I hope people pursue it vigorously" - SEC Chairman
Hearing today went amazingly well. Don't think it could have gone much better. Regulators were extremely open minded. The future is looking bright for
#bitcoin
.
Banks collect over 1 billion dollars a year in overdraft fees providing little to no interest rates and take ~3 days to transfer funds. If you don't believe in
#Bitcoin
ask yourself what value you get out of using your bank.
HUGE news for $EOS.... Bitfinex launching EOSfinex. A low latency, high throughput blockchain makes for a great user experience for a decentralized exchange. Something that cannot be achieved on ethereum today
Remember, banks can use software built by
#Ripple
Labs without using the $XRP token. They are independant of each other. AFAIK, no banks are using XRP right now. Many investors don't actually know what they are buying into when buying XRP.
Over the last day I’ve asked several people close to banks if banks are indeed planning to begin using Ripple’s token, XRP, in a serious way, which is what investors seem to assume when they buy in at the current XRP prices. This is a sampling of what I heard back:
When the $EOS mainnet launches, I will be voting for
@eosnewyork
as a block producer. They have done a tremendous job of spreading awareness and answering questions throughout the year. Looking forward to seeing the mainnet live.
Secured by memes 🔒
Super stoked to help
@Chinu_SOL
launch their validator, help secure the network, and bring more people into Solana!
Amazing work by this team and community🚀. Go stake today!
$EOS mainnet launch getting closer and closer. Extremely excited to see it go live. For those who are not aware, once the mainnet goes live, there will be a lockup period where you cannot move your tokens for 15-30 days. If you trade short term, keep that in mind.
#Bitcoin
is a non-seizable, censorship resistant asset that with the release of lightning, will also function as a faster and cheaper method of payment than traditional fiat money. No government will ever be able to stop the greatest financial innovation we have ever seen
#HODL
@aeyakovenko
Thanks for choosing
@edgevana
,
@Chinu_SOL
! We'll take good care of you and your community🫡.
Chinu, the chinese dog. New favorite memecoin!
I'm a long term investor, and only invest in things I think have good tech. I've been playing around a lot lately with
#StellarLumens
$XLM and have been absolutely amazed. Unbelievably fast and so cool. Unlikely, but I wouldn't be surprised if it overtook bitcoin one day.
With $EOS you own equity in the network. If you own 1% of all EOS, you can use 1% of the bandwidth of the network. Much easier to value. Imagine if you could value the entire internet and own a % of it. Welcome to EOS, the first scalable blockchain.
$EOS will be the first major cryptocurrency you can properly value. If you can put a value on the EOS blockchain as a whole, since tokens act as a stake in the networks resources, with a finite supply, you can then put a value on 1 EOS token. Will please big time investors.
$BTC breaches $9K and now looks to be settling in the $8600 range again. I've been in this game for a few years, and this bull run looks like it's shaping up to be the most aggressive I have ever seen. $20,000 will be a tiny blip by the end of this run. Buckle up and get ready.
My thoughts on
#Ripple
are I think it's extremely overvalued. I don't know of 1 bank actively using $XRP. I'm convinced why banks need blockchain. I'm not convinced why banks need Ripple over stellar or even a private coin only available to banks. Could be wrong but my 2 cents.
$EOS Dawn 3.0 scheduled to go live January 31st. Will be biggest release yet with horizontal scaling of single chains. Great time to buy now, could see a bump up to $15 or more.
If you got into
#cryptocurrency
to make money, you are in it for the wrong reasons. Success for
#Bitcoin
isn't it trading at $1 million. It's giving every individual in the world, no matter how corrupt their government is, the financial freedom to do whatever they please.
BIG ANNOUNCEMENT! 📢
THE CHINESE CHOW DOG $CHINU, HAS SURPASSED 2000 HOLDERS ON CHAIN IN LESS THAN 3 DAYS! 🇨🇳🐶
WE HAVE ALSO RENTED OUR SERVER ON
@edgevana
AND CREATED OUR VALIDATOR AND VOTE ACCOUNTS KEYS FOR RUNNING A VALIDATOR FOR A FASTER AND MORE SECURE
@solana
BLOCKCHAIN!
$EOS VC announces partnership with
@novogratz
's Galaxy Digital for new $325 million dollar fund investing exclusively in EOS projects. Huge, huge news for EOS!!
$EOS will prevail as the go-to blockchain for dapps not only due to throughput, but UX. No tx fees eliminate the need for things like metamask or special browsers allowing you to interact with a blockchain without even knowing it. Will not eliminate ETH though. Big place for both
Larry Sanger, cofounder of Wikipedia, is in the main $EOS telegram channel. Everipedia, his new venture is going to be MASSIVE for not only EOS but the entire world.
@lsanger
All cryptocurrencies are seeing a dip due to the news coming from South Korea. When China banned
#bitcoin
exchanges, we saw a similar dip, than blew past it. The 2 important things to remember are nothing is official yet in South Korea, and no single govt will EVER stop Bitcoin.
Many of us have grown accustomed to receiving a paycheck weekly, biweekly, etc. Why should we have to wait to receive a paycheck? Imagine receiving your paycheck every 5 minutes.
#LightningNetwork
and payment streams are reinventing payments as we know it.
6 years ago I failed out of college (
@iSchoolSU
). Eventually got back in & graduated. After graduation, took a 24 hour train & made
@dipquitapp
to kill time & learn mobile dev. Today I sold the project. Never give up on your dreams, anything is possible!
A picture is worth 1,000 words. edgeSOL liquidity now just got WAY better thanks to the folks over at
@sanctumso
. Amazing to see.
Go check out Sanctum today!
It is not enough that my chain's crypto wallet is more downloaded than yours.
It must be more downloaded than all other apps on your phone combined.
No stopping until
@phantom
is
#1
#BitcoinCash
reflects the original Bitcoin white paper more than
#Bitcoin
.
With that being said, if we lived in a world where everyone stuck to the first iteration of an idea they wrote down, we would be living in a world of failed businesses and malfunctioning products.
Validators for
@edgevana
and Chinu - Powered by Edgevana (
@Chinu_SOL
) were restarted on the correct software / shred versions about 1.5 hrs ago.
Network is just waiting for 80% stake to do the same before it comes online.
Can follow progress at
$EOS is more like an equity or real estate vs a currency. The inherent value is a percentage of throughput on the world's most powerful blockchain. Can generate recurring revenue as well by renting out EOS. Definitely a ton of potential.
I'm 2017 we saw
#Bitcoin
achieve mainstream awareness. In 2018 into 2019, we will see it achieve mainstream adoption. With
#LightningNetwork
, businesses will have a faster and cheaper method of payment with no risk of chargebacks. Fiat will not be able to compete.
Huge fan of $XLM and
#StellarLumens
as well. Brings liquidity into 3rd world countries, Lumens send AND confirm in ~5 sec, and allows ICOs to be built on top of it with a built in decentralized exchange. IMO this is the most undervalued coin on the market today.
Coin of the week: Lumen (XLM) - called Stellar by some - though Stellar is the name of the network that created the coins. One of the fastest and cheapest crypto transactions. Lumens facilitate the financing of Third World projects and is called by some “The next Bitcoin”.
The
#Ripple
$XRP dump has started. I don't care what the asset is, nothing goes up forever and will come down. It's always important to know when to take profit. Don't base your investment advice off of HODL memes.
2017 was the year of the
#ICO
. Many great ideas were born, yet the tools (Ethereum) we have today are not capable of scaling ideas to mainstream adoption. 2018 into 2019 we will see many of those ideas come to fruition by migrating to $EOS.
Regarding
#ICOs
on Ethereum, if you think you found one that's going to change an industry, ask yourself if it can succeed only doing 25 tx/s (ETH's max throughput). I've never been able to answer yes. Not saying ICOs will never be successful on ETH, but there's a long way to go.
A lot of people asking my price target for $EOS. My updated price target is $125 by end of 2018. ETHs current market cap is ~14.5x of EOS. If EOS can hit ETH's current market cap level 12 months from now, we will see a price of ~$125.
$EOS is much like blockchain real estate. With dPoS, if a dapp developer owns 1% of EOS, their dapp can use 1% of the network's resources. This will eventually produce a rent market where individuals can rent out their tokens.
$BTC market cap dominance sinks to it's lowest levels ever at 35%. With 200 DMA catching up, significant progress being made on lightning, and all eyes on rising altcoins, this is a great time to buy
#Bitcoin
right now.
I recommended $EOS at $0.50 for the same reason I am recommending EOS now at $16. High throughput, smart contract platform capable of millions of tx/s with no fees for end users by a proven team. And that's just a start.
#Cryptocurrency
skeptics argue that
#Bitcoin
isn't a currency because you can't pay taxes with it. Similarly to the legalization of marijuana, once we see one state embrace crypto, we will see others follow making cryptocurrency mainstream.
@RyanSAdams
And you just priced out all the people in third-world countries who are truly bankless in the name of "profits." If you want to check out some other high profit "businesses", Western Union, Visa, and Mastercard might be of interest to you.
#StellarLumens
$XLM will be one of the hottest cryptocurrencies of 2018. Best cryptocurrency to send back and forth available today. Can receive XLM and send it within 5 seconds. Also the currency to be used on IBM's blockchain. Highly recommend.
Success plan for new
@solana
validators:
- Buy an
@edgevana
server in a location where stake concentration is low. We have several available.
- Get stake from
@MarinadeFinance
by decentralizing the network.
- Spin up an LST with
@sanctumso
- Get more stake from
@edgevana
@mcuban
@GaryGensler
Totally agreed. Want to add a few key points though:
- The guy missed one of the biggest frauds in history, FTX, yet goes after any legitimate crypto business that spends millions of $ in compliance. Instead of working with those businesses who act in good faith (Coinbase,
This is the best dip we have seen in a long time. If you've been saying you're looking to buy $BTC, $LTC, $EOS, or anything on the dip, there is no better time than right now. Buying at these levels is where money is made.
$EOS and $ETH tie for
#1
in Weiss Ratings. While I'm super happy to see EOS listed so high, not sure it deserves it yet as there is no live mainnet until June. We'll get there though. This will bring in a flood of Wall St money into EOS soon.
I can send packets to anywhere in the world in <1 second yet it takes up to 3 days to move my money anywhere. Legacy banking is broken.
#Bitcoin
and cryptocurrency is the answer.
Bitcoin dropped 60% of it's value in 1 month bringing it's 1 year gain all the way down to 717%. Retweeting this so I can comment in the future. Economists don't get the risk of centralization and our slow, outdated banking system.
In 2013, I told the New York Times that “to say digital money is highly speculative would be the understatement of the century”; 5 years later, my statement turns into a self fulfilling prophecy, with
#Bitcoin
dropping by 60% in less than a month
Many people correlate
#privacy
with illicit activity which is completely wrong. Privacy is a basic human right and should/must be respected. One of the main sponsors of Tor is the US State Department. Privacy tools provide more good than bad.
#Bitcoin
is not a bubble. It's price relative to fiat currencies is going up due to the bubble of fiat currency popping. People are trusting govt less and less. The USD is backed by NOTHING except govt word. The govt also promises I'll see my social security one day 😂
SWQoS is going to change Solana. Some things, I'd argue are for the better. Some things, I'd argue are for the worse. In general, I support the short-term direction of SWQoS. However, here's some long term trends I predict with SWQoS (please chime in if you disagree):
- Stake
Watched "Finding the Money" going into the depths MMT (Modern Monetary Theory) with
@StephanieKelton
. Highly encourage everyone to watch, regardless of what your stance is on economics.
There are things I agree with MMT on. For example, I think MMT probably does the best job
The biggest misconception in the
#Ripple
world is Ripple != $XRP. Ripple sells software to banks. Some packages they sell involve XRP, the majority don't. While Ripple is pushing XRP hard, it's important to understand if a bank signs with Ripple, it doesn't mean they will use XRP
There's huge demand for developers in the
#blockchain
space as well as huge demand for learning material from potential blockchain devs. Innovative universities should add blockchain to any curriculum regarding distributed systems. Would be nice to see
@iSchoolSU
on that list.
edgeSOL is now available on
@MayanFinance
!
You can now go directly from ETH / ERC20's (including L2s) directly to edgeSOL without the need for a centralized exchange🤯!
Go try it out!
#Ethereum
is not currently scalable. Kik is a top 100 app in the world and ethereum is nowhere near being able to support their crypto, $KIN. Shows the huge need for scalable blockchains like $EOS and $XLM. Big news for Stellar!
There's a lot of FUD out there about $EOS being more centralized than $ETH. IMO I do think it is more centralized. However, there are many dapps out there that are willing to sacrifice a bit of centralization for a large throughput increase.
What is the difference between
#Bitcoin
,
#Litecoin
, and
#BitcoinCash
?
$BTC: 1mb blocks every 10 min
$LTC: 1mb blocks every 2.5 min
$BCH: 8mb blocks every 10min