Uber Investor Jason Calacanis: Bitcoin’s 3x Trading Range ...
Investor: Bitcoin Kurs wird auf unter 500 $ fallen
Uber Investor Jason Calacanis: Bitcoin's 3x Trading Range ...
Is The Writing on the Wall for BTC?
First things first. Not trying to start a flame war here, or spread FUD at all. I'm just trying to summarize / make sure I am aware of the big going-ons in the crypto (specifically ETH / BTC sector.) world.
We had Starbucks coming out saying that they were planning on choosing one or a couple of cryptocurrencies -- but specifically mentioned not supporting bitcoin.
Despite fluxuations in the overall market cap of the crypto market, we have Ethereum weathering it incredibly well, and gradually climing percentage charts for the flippening. (61% as of the writing of this post.)
We have Binance (I believe it was.) adding all their pairings with ETH / XXX, making a first attempt at decoupling BTC from their pairs.
I just got a note from Jason Calacanis noting to his subscribers:
"3. Bitcoin itself could go to zero The Bitcoin HODL crowd (a play on words for “hold,” as in hold your coins, never sell them), think this is insane, but we’ve watched many times as the early projects in a promising vertical go to zero and the 10th goes to the moon. Many of us used Ask Jeeves, Lycos, and LookSmart before seeing Google show up in 1998. https://en.wikipedia.org/wiki/Timeline_of_web_search_engines Many of us used SixDegrees, Friendster, LiveJournel, and MySpace before Facebook in 2004. Bitcoin is facing massive challenges around speed of transactions, the size of the blockchain, transaction costs and governance. Governance could be the thing that takes it down. If you want to jump down that rabbit hole, you can watch this video: https://www.oii.ox.ac.uk/blog/the-blockchain-paradox-why-distributed-ledger-technologies-may-do-little-to-transform-the-economy/ The majority case in my mind, is that Bitcoin will, as the first technology out of the gate, be supplanted by a much better technology. This could be a fork of Bitcoin or simply a new, much better product. As time moves on, consumers get savvier, and that means they recognize a better product quicker and move to it faster and faster. We’ve seen this with people jumping from Hotmail to GMAIL, BlackBerries to iPhones, and dialup to broadband internet. Consumers will not have the loyalty to Bitcoin that they have to their email account and BlackBerries, because they don’t actually use Bitcoin for anything other than speculation. The switching cost will be zero, as opposed to switching your phone, which requires backing up your data, moving your phone number, and setting up your new iPhone and selling your BlackBerry. We could see a run on Bitcoin that happens in days or hours, not years like the decline of RIM (BlackBerry’s parent company) and AOL." Note -- he doesn't mention Ethereum at all in his mega-critical article of the crypto sector in general. I don't know if this is bullish, but I know at the very least it isn't bearish. Is it just me? Or has there been a steady drip of negative news for BTC? I've heard nothing but positive tests for Casper. Thanks in advance for not flaming me. Edit: a word. Binance added ethxxx pairs, they didn't replace anything.
News You Should Know:
Inside the Brotherhood of the Ad Blockers Pi-hole (as in “shut your …”) is a free, open source software package designed to run on a Raspberry Pi, a basic computer that’s popular with DIYers, fits in the palm of your hand, and retails for about $35. Most ad blockers have to be installed on individual devices and work only in web browsers, but Pi-hole blocks ads across an entire network, including in most apps. [This article mentions Pi-hole, which is a great concept. Briefly mentions Brave, so put it in the news you should know section.] https://www.bloomberg.com/news/features/2018-05-10/inside-the-brotherhood-of-pi-hole-ad-blockers Apple is reportedly removing apps that share your location data with third parties Apple has started removing apps from the App Store that violate the company’s policies by sharing location data with third parties without explicit consent, reports 9to5Mac. The breaches are related to sections 5.1.1 and 5.1.2 of the company’s App Store Guidelines, which say that apps must not transmit “user location data to third parties without explicit consent from the user [or] for unapproved purposes.” https://www.theverge.com/2018/5/9/17334602/apple-targeting-apps-location-data-sharing-third-parties Google goes for the wow at I/O, but what about privacy? While there were some jaw-dropping announcements, what we didn't get was a whole lot of insight into how the world's biggest search company is thinking about its approach to privacy and data collection. ZDNet, CNET's sister site, points out that there was no mention of privacy, and only one mention of security during the entire two-hour keynote on Tuesday. https://www.cnet.com/news/google-goes-for-the-wow-at-io-2018-but-what-about-privacy-ai-virtual-assistant/ Medium abruptly cancels the membership programs of its 21 remaining subscription publisher partners Medium has informed publishers using its platform to offer paid memberships that it’s ending that feature. An email at the end of last month from Medium’s head of partnerships Basil Enan told publishers that the company was planning to discontinue memberships in May. http://www.niemanlab.org/2018/05/medium-abruptly-cancels-the-membership-programs-of-its-21-remaining-publisher-partners/ Jason Kint posts about Facebook and Google are eating all US advertising Jason Kint@jason_kint woah, new read on IAB report today, Duopoly actually eating all US advertising. TOTAL Internet + TV + B2B + Magazines + Newspapers + Radio + OOH + Music + Video Games + Cinema = grew $13.3B in 2017 Google and Facebook = grew $13.4B in 2017 "Everything Else" = shrank $.1 https://twitter.com/jason_kint/status/994766261304414208 _____________________________________________________
Jason Calacanis. Source: Medium. During the recent dual-podcast with Pomp, the topic inevitably reached Bitcoin, since Pompliano is one of the most popular BTC proponents. Calacanis firstly said that after the show, he “will go home today and say, “maybe we should put 1-2-3% into Bitcoin and make a big trade.” Because I have been sitting ... Bitcoin Predictions From Jason Calacanis Earlier today, Calacanis said that the world’s largest cryptocurrency by market cap operates in a manipulated market. “It’s possible [bitcoin] is built to last, but not probable, so keep your position to an amount you’re willing to [lose]...For most, that’s 1-5% of net worth.” Jason Calacanis. Source: Medium. During the recent dual-podcast with Pomp, the topic inevitably reached Bitcoin, since Pompliano is one of the most popular BTC proponents. Calacanis firstly said that after the show, he “will go home today and say, “maybe we should put 1-2-3% into Bitcoin and make a big trade.” Because I have been sitting ... Der Großinvestor und Business Angel Jason Calacanis, prophezeite jüngst auf Twitter, dass der Bitcoin Kurs auf unter 500$ (450 Euro) fallen werde. Calacanis arbeitet unter anderem mit dem Unternehmen Uber zusammen. Updated news about bitcoin and all cryptocurrencies. VC Jason Calacanis: Bitcoin Is a Huge Fraud and Could Drop to Zero. Venture capitalists are not too certain that the Bitcoin price will be able to maintain its momentum. That is only to be expected after the major correction we recently went through. Jason Calacanis is concerned about the future and predicts there’s a one-in-three chance ...
Uber Angel Investor ‘99% of Crypto Projects Are Garbage’
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