Bitcoin (BTC)-Wal: vor dem nächsten Bullrun droht ein ...

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.
  1. We had Starbucks coming out saying that they were planning on choosing one or a couple of cryptocurrencies -- but specifically mentioned not supporting bitcoin.
  2. 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.)
  3. We have Binance (I believe it was.) adding all their pairings with ETH / XXX, making a first attempt at decoupling BTC from their pairs.
  4. 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.
submitted by psykoweezel to ethtrader [link] [comments]

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As such, when angel investor Jason Calacanis took to Twitter to express strongly that many cryptocurrencies will indeed be flushed out of demand, it didn’t come as much of a surprise. However, this comes across as a very bold take with Calacanis firmly stating that only 1% of cryptocurrencies against 99% are valuable. Uber Investor Jason Calacanis: Bitcoin’s 3x Trading Range is a Good Thing Author: Jordan Lyanchev Last Updated Jun 24, 2020 ... Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer). Read more on: Anthony Pompliano Bitcoin Bitcoin (BTC) Price. About The Author. Jordan Lyanchev View more posts by this author ... Er hält Bitcoin für die einzig wahre Kryptowährung. Auch der Uber-Investor Jason Calacanis ist der Meinung, dass 99 Prozent der Krypto-Projekte „Müll“ sind. Allerdings zeigt ein Blick auf die Wertentwicklung in diesem Jahr, dass sich so mancher Altcoin deutlich stärker entwickelt hat als Bitcoin selbst. Allen voran ist hier Ethereum zu ... Now, angel investor Jason Calacanis has repeated this sentence claiming that 99 percent of cryptocurrencies are garbage and provide no real value to the investors. Historically, 99% of crypto projects are garbage run by unqualified idiots, delusional but below average founders or grifters… the 1% that are not, could change the world. Calacanis steht dem Bitcoin sieht den Bitcoin sehr optimistisch, nachdem er behauptet hat, dass das Asset zwischen 500 USD bis 0 fallen wird. Joe007 hat sich in den letzten Monaten speziell mit Ethereum beschäftigt. Er bezeichnet die dezentrale Finanzierung als eine “Rube Goldberg-Maschine”, bei der man nie weiß, welcher Teil ausfällt oder als nächstes gehackt wird. Die schrieb er ... Facebook is in talks with the U.S. Commodity Futures Trading Commission (CFTC) about its stablecoin that is expected to launch in 2020. Venture capitalist Jason Calacanis believes that Bitcoin ... Jeden z prvních investorů do úspěšných platforem jako jsou Robinhood či Uber Jason Calacanis konstatoval, že téměř všechny kryptoměnové projekty jsou řízeny lháři nebo idioty. Calacanis dokonce zašel tak daleko, že za totální odpad označil 99% kryptoměn. Zbývajícímu procentu však dává naději na to, aby změnily svět. Jason Calacanis, an angel investor in Robinhood and Uber, recently said that he thinks 99% of crypto projects have no merit. Calacanis’ comment was in reference to his opinion that most crypto founders have no vision or experience to be doing what they are doing and thus are doomed to fail.

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