Scottyboi
Well-Known Member
Thanks for answering my question by the way it makes sense.
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Bitcoin (cryptocurrency)
- Thread starter vonkeynotvenky
- Start date
Thanks for answering my question by the way it makes sense.
SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 90,490
Neither.Stock market crash good or bad for crypto?
Yes I’m sure everyone you know that dived into crypto in Q4 last year when it was making the news every day is quite the expert and have avoided the bloodbath.
no of course not, definetly not so exagerative as in that video
even i lost a lot, i'm still in profit tho
what about you?
Haha.... E-coin up over 4000% in past 24hr from $6 to over $230
and came down again, seems like a Telegram pump and dump
https://coinmarketcap.com/currencies/e-coin/
Scottyboi
Well-Known Member
and came down again, seems like a Telegram pump and dump
https://coinmarketcap.com/currencies/e-coin/
Yep a pump and dump made by the owner of the shit coin. Gives crypto a bad name stuff like that.
SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 90,490
no of course not, definetly not so exagerative as in that video
even i lost a lot, i'm still in profit tho
what about you?
I’m great thanks.
Yep a pump and dump made by the owner of the shit coin. Gives crypto a bad name stuff like that.
I try to follow these pump&dumps but they’re always two steps ahead of me.
Scottyboi
Well-Known Member
I try to follow these pump&dumps but they’re always two steps ahead of me.
People are clever someone had a rumour circulating a coin called Vibe was in a super bowl advert. (it was however only at the back on the sly) anyway it got pumped up and dumped. Buy the rumour sell the news haha, I bought 5 litecoin this week awaiting litepay to be released hopefully the price continues to go up.
Scottyboi
Well-Known Member
What are peoples thoughts on a company trying to take on Youtube using blockchain? Where all the content creators and the miners get the profits and not the company? Was reading abit about it yesterday, a few start ups are trying to achieve this. And with Youtube becoming more and more strict with its content creators there is a chance they could poach a few.
AustinBlue
Well-Known Member
What are peoples thoughts on a company trying to take on Youtube using blockchain? Where all the content creators and the miners get the profits and not the company? Was reading abit about it yesterday, a few start ups are trying to achieve this. And with Youtube becoming more and more strict with its content creators there is a chance they could poach a few.
So entrepreneurs and investors are building companies to make sure that the companies don’t make profits?
Scottyboi
Well-Known Member
So entrepreneurs and investors are building companies to make sure that the companies don’t make profits?
The start ups pre mine their own coins, so their hardwork pays off when the coin goes up in value.
Scottyboi
Well-Known Member
So entrepreneurs and investors are building companies to make sure that the companies don’t make profits?
And it does a token sale before launch, apparently a Chinese hedge fund or investor has just given a company £20mil for this concept.
AustinBlue
Well-Known Member
The start ups pre mine their own coins, so their hardwork pays off when the coin goes up in value.
I see some of these ideas pitched in angel and venture forums. It feels like people creating a business supposedly for the public good to increase the value of something they own of dubious value. I’m not sure blockchain or crypto make solving perceived problems of the you tube world any easier. Feels like a solution in search of a problem.
Manchester33
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- Joined
- 12 Sep 2012
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- 7,381
What are peoples thoughts on a company trying to take on Youtube using blockchain? Where all the content creators and the miners get the profits and not the company? Was reading abit about it yesterday, a few start ups are trying to achieve this. And with Youtube becoming more and more strict with its content creators there is a chance they could poach a few.
Hard for a startup to take on a multi-billion dollar business, using untried methods and no proof they can deliver what they aim to achieve. The people who make youtube what it is are earning big money, why would they rock the boat?
Seems fanciful and unlikely, especially in an industry that is so heavily monopolised already.
AustinBlue
Well-Known Member
And it does a token sale before launch, apparently a Chinese hedge fund or investor has just given a company £20mil for this concept.
20m Sterling? Or did they invest with a token they mined in a currency they invented? I’m trying not to be cynical. I do see blockchain investments going on in my circle. But all in the logistics and B2B area.
Scottyboi
Well-Known Member
Hard for a startup to take on a multi-billion dollar business, using untried methods and no proof they can deliver what they aim to achieve. The people who make youtube what it is are earning big money, why would they rock the boat?
Seems fanciful and unlikely, especially in an industry that is so heavily monopolised already.
It will never compete head on like you say, but it could do well if marketed properly I guess it could still make it's own money. Will take years I'd imagine, YouTube could combat it straight away by being less stringent on their content creators.
Scottyboi
Well-Known Member
20m Sterling? Or did they invest with a token they mined in a currency they invented? I’m trying not to be cynical. I do see blockchain investments going on in my circle. But all in the logistics and B2B area.
Nooo they bought £20mil of pre mined tokens, it should give the company time to work on the concept without the coin going on the exchange. Funny you should mention logistics saw something about one of the big shipping/cargo firms being interested in blockchain today. Didn't read the article though.
People are clever someone had a rumour circulating a coin called Vibe was in a super bowl advert. (it was however only at the back on the sly) anyway it got pumped up and dumped. Buy the rumour sell the news haha, I bought 5 litecoin this week awaiting litepay to be released hopefully the price continues to go up.
Markets just went up today.
Good times gonna come :)