In east Asian markets they mainly use Tron to move USDT around. I would assume most heavies are using it for the same thing; there's about $8b locked in on Tron at any given time.
Yeah Tron is basically doing what Dash and Litecoin tried to do back in 2017/2018 in South America but with much much much more success; allowing direct USD 1:1 fund transfers between users with decent speed and minimal fees, but with intense levels of adoption in Asia.
There's of course lots of speculation that TRON is a papertiger (a la Terra) because Justin Sun (founder) is known as a grifter (in crypto?? shocking!) and it's actual value is far lower than it's TVL would indicate, but the block explorer shows it's handling about ~4-5m transactions a day which puts it firmly on-par with Arbitrum and Polygon and such for general usage.
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Quote:
Originally Posted by MrMastodonFarm
Settle down there, Temple Grandin.
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Location: In a land without pants, or war, or want. But mostly we care about the pants.
Exp:
Quote:
Originally Posted by dino7c
about that avatar bet?
I say BTC all time high in 2024
you are such an expert it should be an easy win no?
CP is the 1%, avatar bets are for the poors. I will bet you $1000 CAD that BTC will *not* reach an all-time high in 2024. Since I can't find a legit escrow site that supports betting, I propose we ask Locke - since I know him, and so do many other people on CP - to hold the money and award it on January 1st 2025.
It's easy money Dino! You'll make 100% in less than 12 months! (Or I will.)
Terms:
jammies bets $1000 CAD that btc (bitcoin) does not exceed the all time high sell price of $69,044.77 USD before 12:01 AM MST Dec 31, 2024.
dino7c bets $1000 CAD that btc (bitcoin) will exceed its all time high sell price and reach at least $69,044.78 USD before 12:01 AM MST Dec 31, 2024.
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Better educated sadness than oblivious joy.
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Yeah Tron is basically doing what Dash and Litecoin tried to do back in 2017/2018 in South America but with much much much more success; allowing direct USD 1:1 fund transfers between users with decent speed and minimal fees, but with intense levels of adoption in Asia.
There's of course lots of speculation that TRON is a papertiger (a la Terra) because Justin Sun (founder) is known as a grifter (in crypto?? shocking!) and it's actual value is far lower than it's TVL would indicate, but the block explorer shows it's handling about ~4-5m transactions a day which puts it firmly on-par with Arbitrum and Polygon and such for general usage.
CP is the 1%, avatar bets are for the poors. I will bet you $1000 CAD that BTC will *not* reach an all-time high in 2024. Since I can't find a legit escrow site that supports betting, I propose we ask Locke - since I know him, and so do many other people on CP - to hold the money and award it on January 1st 2025.
It's easy money Dino! You'll make 100% in less than 12 months! (Or I will.)
Terms:
jammies bets $1000 CAD that btc (bitcoin) does not exceed the all time high sell price of $69,044.77 USD before 12:01 AM MST Dec 31, 2024.
dino7c bets $1000 CAD that btc (bitcoin) will exceed its all time high sell price and reach at least $69,044.78 USD before 12:01 AM MST Dec 31, 2024.
If BTC hits an all time high this year I will make at least $300,000 USD on BTC between now an then. $1000 bet makes no sense for me it's basically 1000 risk and no worthwhile payoff
I would rather you have your avatar for a year
If BTC hits an all time high this year I will make at least $300,000 USD on BTC between now an then. $1000 bet makes no sense for me it's basically 1000 risk and no worthwhile payoff
I would rather you have your avatar for a year
Technically you would make back 300k you had lost but that’s splitting hairs.
According to BBC, Stanley cups have sold out across the US in a craze that's seen crowds camping outside of supermarkets to get their hands on one. Their trading value has skyrocketed. If you can get your hands on any, you could probably 50x your money. Even higher if the smart billionaires get in on this opportunity.
Thirst for the craze has even seen people resort to attempts at law-breaking, with one popular video showing a man jumping across a Starbucks counter in an effort to steal a hot pink limited edition of the flask.
Well that should settle it...But naw, Coinbase doesn't really GET Crypto, you know? No like sophisticated "investors."
Quote:
The biggest US crypto exchange made the comparison Wednesday in a New York federal court hearing. Coinbase was arguing for the dismissal of a Securities and Exchange Commission lawsuit accusing it of selling unregistered securities. William Savitt, a lawyer for Coinbase, told US District Judge Katherine Polk Failla that tokens trading on the exchange aren't securities subject to SEC jurisdiction because buyers don't gain any rights as a part of their purchases, as they do with stocks or bonds. "It's the difference between buying Beanie Babies Inc and buying Beanie Babies," Savitt said. The question of whether digital tokens are securities has divided courts.
Keeping in mind they are only making this argument to avoid being regulated, which should also tell you a few things about how well protected your, uh, "investments" are.
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According to BBC, Stanley cups have sold out across the US in a craze that's seen crowds camping outside of supermarkets to get their hands on one. Their trading value has skyrocketed. If you can get your hands on any, you could probably 50x your money. Even higher if the smart billionaires get in on this opportunity.
I've been seeing news stories about Stanley cups being sold at Starbucks for a while now and thought it had something to do with the great chalice but never looked more into it. Popped into a Starbucks here in Toronto and didn't see any signage so figured it was offered in the US only. Had no idea it had nothing to do with the Stanley Cup!
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An investment involves putting capital to use today in order to increase its value over time. An investment requires putting capital to work, in the form of time, money, effort, etc., in hopes of a greater payoff in the future than what was originally put in.
more solid advice from "$3000 peak bubble" Fuzz
you may not like it buy buying Crypto is certainly investing
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GFG
Last edited by dino7c; 01-18-2024 at 12:58 PM.
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Bitcoin and other cryptocurrencies are speculative investments, in our view. We don't believe that Bitcoin fits within traditional asset allocation models at this time, as it is neither a traditional commodity, such as gold, nor a traditional currency. Bitcoin's dramatic volatility is driven primarily by supply and demand, not inherent value. Bitcoin doesn't have earnings or revenues. It doesn't have a price-to-earnings ratio, price-to-sales ratio, or book value. Traditional value metrics don't apply, so there are no methods for assessing its value that we endorse or find persuasive.
Also, when you just copy text from a Google search, it's considered good form to post the source, rather than making it look like you came up with the words. That's called "plagiarizing" but I don't suppose details like that matter in your life.
Also, when you just copy text from a Google search, it's considered good form to post the source, rather than making it look like you came up with the words. That's called "plagiarizing" but I don't suppose details like that matter in your life.
you can't be serious, I posted the definition because you seemed unclear
post your source, on CP
haha
and your article is opinion, dinosaur opinions from people who have continually be wrong on Crypto
