Bitcoins - about to hit $5,000 per coin today!

[obsidian]

Ethereum new ATH of $2,074

[Bindare_Dundat]

anyione into lower cap alt coins? any suggestions?

[SOMEPARTS]

Maybe keep away from the internet given it’s April Fools.....

The internet is reporting April Fool jokes as factual information and it’s confusing the shit out of people.

Twitter is just a mess right now lol.

Ahem...

https://news.bitcoin.com/microsoft-cryptocurrency-system/

[Mayday]

anyione into lower cap alt coins? any suggestions?

I have one just for the fuck of it.

NEO which I consider low cap.

[Mayday]

Ahem...

https://news.bitcoin.com/microsoft-cryptocurrency-system/

Well it seems I was wrong lol.

Although it’s only a patent for that purpose, doesn’t say anything about having a market ready product. Companies file patents for anything and everything well before products are ready.

Phones, smart watches, activity trackers, all can mine crypto given they are connected devices. The Microsoft one sounds like they are trying to work around those devices via use of brainwaves/heat/kinetic. It’ll be a watch or some shit.

Watch the Tv show Silicon Valley as it’ll be along those lines in the future where they hook into all the home devices in a standby mode to use their cpu to perform work. You’re smart fridge will mine crypto and earn you money.

[Griffith]

After the weekend and holiday when markets open again on Tuesday we could see another major correction?

[Bindare_Dundat]

After the weekend and holiday when markets open again on Tuesday we could see another major correction?

Why?  I think this ethereum run is an indicator of things to happen with lower cap alts very soon. similar to 2017. Possibly some parabolic runs where you can make insane money getting in and out. put that money back into bitcoin and it will take off again.

[Griffith]

Thoughts on Ripple/XRP?

[Bindare_Dundat]

Thoughts on Ripple/XRP?

Shit.

[obsidian]

Shit.

Why? It has a clear use case. And so far it looks like the Ripple defense has been outmaneuvering the SEC. They even have a former SEC chair on their legal team lol!

https://www.msn.com/en-us/money/markets/sec-is-dead-wrong-former-chair-mary-jo-white-defends-ripple-in-pivotal-crypto-case/ar-BB1dPLwY

[Bindare_Dundat]

Why? It has a clear use case. And so far it looks like the Ripple defense has been outmaneuvering the SEC. They even have a former SEC chair on their legal team lol!

https://www.msn.com/en-us/money/markets/sec-is-dead-wrong-former-chair-mary-jo-white-defends-ripple-in-pivotal-crypto-case/ar-BB1dPLwY

Why add more speculation to an already very speculative market to your plate? Who needs the headache.

[gib]

Why? It has a clear use case. And so far it looks like the Ripple defense has been outmaneuvering the SEC. They even have a former SEC chair on their legal team lol!

https://www.msn.com/en-us/money/markets/sec-is-dead-wrong-former-chair-mary-jo-white-defends-ripple-in-pivotal-crypto-case/ar-BB1dPLwY

I think will ultimately settle after paying a large fine, and making various undertakings on future conduct,

[obsidian]

Ethereum new ATH of around $2,174 about 1 hour ago.

[obsidian]

Why add more speculation to an already very speculative market to your plate? Who needs the headache.

I've had XRP since 2018. So just hodling what I already had. Ripple's ATH was around $3.40 in 2018. It could go much higher especially if the SEC case is resolved.

Many people are starting to look at the crypto space as a mini universe with interoperability between various blockchains. One blockchain alone won't get the job done. You'll have a few "store of value" blockchains and a few utility blockchains. And a few that specialize in a certain niche area.

https://www.weforum.org/agenda/2020/05/blockchain-interoperability-utility-effectiveness

How interoperability establishes blockchain's utility and effectiveness for trade finance

One blockchain network will simply be unable to provide all the needs for any given trade transaction. There will need to be multiple networks, each providing specific value. Data from private networks can be routed to other relevant networks for transactions without having to establish a one-to-one integration.

“Everyone is dependent on physical goods’ ability to move across all participants in the global supply chain with minimal friction. We need the same ability to move a digital asset from one blockchain to another without creating redundant data or a new market for intermediaries. This is why blockchain interoperability is critical.” Rasmus Winther Mølbjerg, Director, Deloitte, Denmark.

[Mayday]

Ripple’s total daily transaction fees are lower than polkodot and Dodgcoin.

Meaning nobody uses the thing.......

The horse bolted on XRP and Ethereum took over. For now at least, a play on XRP is sheer speculation on speculators pumping the price which is no different to what is happening on shitcoins.

[Griffith]

In South Africa, XRP is the main cryptocurrency used to transfer between exchanges due its speed and low transfer fees. Locally and internationally.

For instance, some foreign exchanges do not accept deposits in ZAR, so a local exchange is used to purchase XRP and then the XRP is transferred to an international exchange where other cryptocurrencies can be purchased.

I would imagine it could be similar in other countries.

[Bindare_Dundat]

In South Africa, XRP is the main cryptocurrency used to transfer between exchanges due its speed and low transfer fees. Locally and internationally.

For instance, some foreign exchanges do not accept deposits in ZAR, so a local exchange is used to purchase XRP and then the XRP is transferred to an international exchange where other cryptocurrencies can be purchased.

I would imagine it could be similar in other countries.

I had xrp since 2018 as well. After the issues with the sec I got rid of it and haven't looked back. I know there is a loyal army out there that back xrp dso it might do well for some, as has been the case recently but I see it mainly asa pump.and dump more than anything.else. id rather take my chance on a cheaper shit coin for a better return if the timing is right.

[obsidian]

I had xrp since 2018 as well. After the issues with the sec I got rid of it and haven't looked back. I know there is a loyal army out there that back xrp dso it might do well for some, as has been the case recently but I see it mainly asa pump.and dump more than anything.else. id rather take my chance on a cheaper shit coin for a better return if the timing is right.

XRP is back to number 4. And if it goes up a little more it will be back in the number 3 spot.

[obsidian]

https://finance.yahoo.com/news/scaramucci-bitcoin-apex-predator-ethereum-014728081.html

Scaramucci: Bitcoin Is The Apex Predator, But Ethereum Will Be The Actual Store Of Value

Samyuktha Sriram
Mon, April 5, 2021, 8:47 PM·2 min read

Anthony Scaramucci, known Bitcoin proponent heading global investment firm SkyBridge Capital, believes that the future of the digital asset in investment portfolios is inevitable.

What Happened: In a recent interview with CNBC, Scaramucci called it "the apex predator in the space. I tell my clients whether you like it or not, the world is moving into digitization.”

SkyBridge Capital’s Bitcoin Fund LP holds over $600 million worth of Bitcoin at present, and two weeks ago, the firm applied for the SEC approval of a Bitcoin ETF.

However, by Scaramucci’s own admission, SkyBridge’s focus on Bitcoin may have more to do with its clients’ preferences rather than his own.

“I predicted Ethereum has good fundamentals and will grow, but I’m in an institutionalist sort of business. I think like an institutionalist, and I’ve got to get my clients thinking about cryptocurrency and digital assets. So, as a first step, I’m focused on Bitcoin and we only have now a Bitcoin fund,” he said.

Why It Matters: In recent months, Ethereum has risen in popularity, and price, after its use cases extended beyond DeFi (decentralized finance) into the realm of NFTs (non-fungible tokens).

The second-largest cryptocurrency by market cap has garnered support from high-profile investors, including Mark Cuban, who recently revealed his bullish stance on Ethereum, calling it a “hotbed of continuous innovation”.

Scaramucci appeared to share this belief too, as he went on to state, "The technology around Ethereum is going to make it a sticky cryptocurrency and a store of value and something people will transact with.”

What Else: While he wouldn’t recommend a 20% portfolio allocation towards cryptocurrency just yet, Scaramucci thinks that an allocation between one and three percent would be ideal for investors.

“When you think about our children... they're going to be very comfortable transacting in Ethereum or Bitcoin, and I’ve got to get my clients ready for that,” he said.

“If they have a 1, 2, or 3% position they're going to look at us as fiduciaries and think they were very well served.”

[OneMoreRep]

Forgetting BTC for a moment the question now becomes which ALT coins will be the next big thing? Also, provide coins with low prices (< $50).

What are your top 5 and why?

"1"

[affeman]

Forgetting BTC for a moment the question now becomes which ALT coins will be the next big thing? Also, provide coins with low prices (< $50).

What are your top 5 and why?

"1"

lol how bout gettin' a job?

[OneMoreRep]

lol how bout gettin' a job?

I'm sorry, but who are you?

"1"

[Bindare_Dundat]

Forgetting BTC for a moment the question now becomes which ALT coins will be the next big thing? Also, provide coins with low prices (< $50).

What are your top 5 and why?

"1"

Vechain, Theta, Thetafuel, chainlink, ill give you more in a bit.

[OneMoreRep]

Vechain, Theta, Thetafuel, chainlink, ill give you more in a bit.

Vechain, I've heard some good things about that. I'll look into it more.

Reasoning behind these selections?

"1"

[Griffith]

Vechain, Theta, Thetafuel, chainlink, ill give you more in a bit.

Good call.

Only about 10c, has a decent chance to 10x, especially considering widening adoption across China and Asia and doesn't really have competition in what it does:

The blockchain is used as a tracker, mostly in supply-chain logistics, and mostly for their customers - large corporations.