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One of the two alts I have has an extremely strong use case and I'm not really worried about it surviving. The other I have theoretically has a very strong use case, but I'm a little less confident about it surviving a crypto winter.

BTC and ETH aren't going anywhere and holding them long will eventually get you back in the green, even if we are descending into a crypto bear winter. You can get killed on alt coins during a crypto winter though. Dozens and dozens of popular alts during the last crypto bull run disappeared...

It's below 2k right now...

https://fortune.com/2021/06/18/a-new-report-highlights-the-incredibly-high-environmental-cost-of-teslas-bitcoin-investment/amp/?__twitter_impression=true

I can't code for shit, unfortunately, but I'm sure there are youtubes out there that might cover how to do that kind of thing in Foundry.

Yeah, I watched the vid Dashel posted earlier and it looks pretty great. I'm going to give it a shot I think. One question though: I designed my own system and I'm playtesting it with a group. Roll20 has enough flexibility that I can use a custom system with it, but is Foundry the same way...

Man, you guys are really not getting the difference between subjective and objective :emoji_laughing: It's ok, I'm too fucking hung over to keep arguing semantics. Ok last try: Pretend there are 3 apples on a table. The VALUE of those apples is SUBJECTIVE because the determination of how...

Nah, you're missing the point. If you look up the difference between "subjective" and "objective" you'll see why something like "value" is subjective 100% of the time, regardless of what scenario you want to use.

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...