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Perhaps I'm the only person on earth. Or perhaps I think I'm the only person on earth because I'm on an island and there are no other people present. There are no options to barter and I can't eat or use the apple in any other useful way. The apple has no value to me. If you want to argue it...

If I'm allergic to apples and it would kill me to eat it, I'd say it has zero value to me. Unless I wanted to commit suicide by anaphylactic shock- which seems like a shitty way to go. Either way, it's still subjective. Value is always subjective because it relies on the presence of a...

Well, I'm using @Sanrith Descartes definition of "intrinsic value" for the sake of this conversation, but for the record ALL value is subjective.

Even if you want to try and separate crypto coins from the tech (which you really can't), crypto would still have intrinsic value because the coins are backed by the tech, which, as you have acknowledged, has value.

In this case, and in most use cases, the coins and the tech are inseparable.

There are several examples but I'll give you one: the VET blockchain is being used for data collection, verification, storage, and tracking for MyBaby, a blockchain-based service app for In-Vetro fertilization (IVF) in China.

Some crypto has intrinsic value, albeit relatively low intrinsic value right now. But anyone with sense can see the potential for a future where crypto has very great intrinsic value, which is part of what drives demand for coins that aren't BTC. Crypto has value above and beyond a simple...

How are you liking Foundry? Im on roll20 but was considered switching.

You didn't read the Cuban blog post about DeFi

ETH fees are high right now?

About halfway through this blog post... It's really good. Answers some of the questions I had with why a crypto-based internet would provide some serious advantages for businesses (see massive overhead reduction) and therefore why crypto has so much value to holders/stakers. Also makes me want...

Add me to the list of curious people. Can anyone give an example that looks like this: Describe somebody accomplishing some sort of task with the "current internet". Describe someone accomplishing the exact same task "new internet". Then highlight the differences and explain why they are...

Bingo. BTC has some very talented salesmen that have gotten very good at developing soundbites and sales pitches that are short and easy to understand for laypeople. ETH people are awful at it. Hell, even the VET PR machine is better than the ETH PR machine. TBH it makes me like and trust...

It's in the Northern Triangle of Death- one of the poorest and most dangerous places in the world. No one is buying a beach house and moving there. Edit: You might be thinking of Costa Rica, which is great.

Reverse FUD szn getting ready to start. July is going to be 🔥🔥🔥

Nope. People here are generally pretty well informed.

Well, right- but BTC isn't moving away from PoW, which gives China considerable power over BTC, which is the bellwether for all crypto.

Yeah the China thing is going to be super interesting. I totally agree it would be a good idea to go ahead and get them removed from the space now rather than later. BUT, my understanding is that they are still very, very invested in the space. A huge portion of BTC mining still comes from...

Heh, just blew past resistance.

Additional mining bans in China. Despite the good news for BTC, China still has the ability to seriously hurt it.

Seems like great news for the entire crypto space, but let's keep our fingers crossed. If this experiment fails it will be bad news for everyone. I'm a little 🧐 about El Presidente in El Salvador. This talk about harvesting energy from volcanos to mine BTC seems a little... Out there.

@Flobee right now

Hey, by all means I'd love a list of signs indicating "don't buy" for ETH, because everything I'm seeing is bullish. Anyone can post a gif.

Fundamentals are too strong to ignore this buying opportunity imo. When all the signs are pointing to "Buy" and the only thing holding you back is that... the price is low? That's when you have to ignore the sheep mentality.

Colombia This shit is happening way faster than I anticipated.

What's your take on ETH atm?

The only reason I want to know when we hit bottom is so I can buy more. No way in hell I'm selling what I've got.

That honestly looks pretty close to me. And it also supports @Haus theory that we are between Phase e of distribution and Phase A of accumulation. If that's true, we still have a ways to go before we hit bottom and begin to climb back up again.

Have you read the comments section on news sites? Some pretty fucking stupid people operate computers. From what I understand the whole plan was super amateur/unsophisticated. They managed to get a user name/pw from someone and that's how they got in. They were probably surprised at their...

Prevailing theory is that it was a US Based Exchange in CA and they obtained a warrant.

Well the first step is figuring out if we are still in the Distribution Phase or if we have moved to the Accumulation Phase. I have a hard time believing what we have been seeing has not been accumulation, but I could definitely be wrong. Here are the two charts: It seems to me that if...

We are dropping below support lines though. Phase A for accumulation has us bouncing off support, not dropping below. I keep hearing we have been in phase B of accumulation. We drop below upper support lines in Phase B, and then dip down below the lower support in Phase C, before springing...

Absent the whole death cross thing I'd say 40k, but apparently the death cross is serious chart juju. It sucks too because I finally caught a dip (e.g. right now) when I was prepared to buy but now I'm finding myself cautious. I have zero doubt BTC will be 50k+ and ETH will be 4k+ within a few...

FBI recovering Bitcoin that was used as payment in a ransomware attack shouldn't be causing FUD... Quite the opposite. Cash paid in these situations is almost never recovered, yet they managed to recover the BTC because: 1. BTC isn't some diabolical tool that allows bad guys to get away with...

Interesting working theory ( I stress theory ) on how the FBI got the hacker's BTC:

Imo you should let the lessons some of the hedge funds have already learned guide you: short answer is the long hold is always the most profitable. See below:

Just going on Fintwit, but seeing the same stuff on Reddit. Pomp is about to bust a blood vessel.

I'll let the chart pros weigh in, but I would say no. From my limited understanding, BTC is fast approaching a "Death Cross." It may avoid it, but so far it's trending in the wrong direction. Unfortunately, all indications are that all coins are still tied to BTC, so if it takes a plunge to...

Lots of South and Central American countries now indicating some form of BTC adoption. Brazil, Panama, Guatemala, El Sal... Market shits the bed in response.