April 17, 20187 yr Ripple billionaire overdoses at rehab: http://www.dailymail.co.uk/news/article-5623773/Billionaire-Matthew-Mellon-dies-rehab-Mexico-aged-53.html
April 17, 20187 yr Is it all over? All crypto is down massively since January. We're not hearing about it anymore in the regular news. Litecoin down from $340 to $110. Bitcoin down from $19,000 to $6,900. Bitcoin Cash down from $3,400 to $666. Ethereum down from $1,330 to $380. Ripple down from $3 to 48 cents. Up and down, but almost always trending upward if you measure it over 10-year horizons. Pretty awful last four months however. Don't know what the future holds. No one else does either. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 17, 20187 yr Up and down, but almost always trending upward if you measure it over 10-year horizons. Pretty awful last four months however. Don't know what the future holds. No one else does either. Cryptos aren't normal investments, so the ten-year thing might not hold true. Very Stable Genius
April 17, 20187 yr Up and down, but almost always trending upward if you measure it over 10-year horizons. Pretty awful last four months however. Don't know what the future holds. No one else does either. Cryptos aren't normal investments, so the ten-year thing might not hold true. I'm not referring to normal investment horizons. I'm saying -- look at the rise and fall of the value of a given crypto over 10 years (or 5 if they haven't been around that long). They have generally trended upward but with some really exceptional price spikes mixed in every few years. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 17, 20187 yr Up and down, but almost always trending upward if you measure it over 10-year horizons. Pretty awful last four months however. Don't know what the future holds. No one else does either. Cryptos aren't normal investments, so the ten-year thing might not hold true. I'm not referring to normal investment horizons. I'm saying -- look at the rise and fall of the value of a given crypto over 10 years (or 5 if they haven't been around that long). They have generally trended upward but with some really exceptional price spikes mixed in every few years. The oldest cryptocurrency was launched in 2009...so precisely zero cryptos have a ten-year history. Very Stable Genius
April 17, 20187 yr OK Mr. Literal. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 17, 20187 yr OK Mr. Literal. It brings me back to my main point - there's such a limited history that to say "look at the general trend" and "they're usually fine over 10 years" is completely naive. Very Stable Genius
April 18, 20187 yr I didn't say they were fine. I said the trend has been upward. Never mind. Have a great day. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 18, 20187 yr 5 Reasons Cryptocurrency Is Way Dumber Than You Thought http://www.cracked.com/blog/5-reasons-cryptocurrency-way-dumber-than-you-thought/
April 27, 20187 yr I talked to an estate planner this morning. She said that estates are typically not able to access cryptocurrency at this time. So whatever sum you have in your account will just sit there indefinitely, even if you have a will.
April 30, 20187 yr Post-mortem, my wife could log into my crypto account, change the account preferences, confirm them on my cell, and then deposit the money into her own account. I'm not deceased until my account holders are notified. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
June 6, 20187 yr Good story... Car dealer Bernie Moreno has a big idea to transform Cleveland into U.S. blockchain leader By Andrew J. Tobias, cleveland.com | Posted June 06, 2018 at 03:16 PM | Updated June 06, 2018 at 03:19 PM CLEVELAND, Ohio -- Bernie Moreno has an idea, and he wants you to hear him out. Blockland. Moreno, the high-octane luxury car dealer and influential Cleveland civic leader, wants to make Northeast Ohio a national epicenter of all things blockchain, the digital ledger technology best known as driving Bitcoin and other cryptocurrencies. However, Moreno’s pitch intentionally steers clear of cryptocurrency, which is only a portion of what blockchain can do, and instead focuses on broader applications for business and government. His vision is in the early stages. But it includes organizing a blockchain industry conference here sometime this year, encouraging employers like the Cleveland Clinic, KeyBank and Progressive Insurance to research putting the technology to use, and finding funding for local universities to tailor their curriculum around blockchain research and training future experts in the field. More at: https://www.cleveland.com/expo/news/erry-2018/06/7b603efd1d3850/car_dealer_bernie_moreno_has_a.html#incart_m-rpt-1
June 8, 20187 yr Post-mortem, my wife could log into my crypto account, change the account preferences, confirm them on my cell, and then deposit the money into her own account. I'm not deceased until my account holders are notified. Bingeaux. When Holly passed away, there was a balance on the prepaid card I would load up for her from time to time. All I needed was the password.
August 2, 20186 yr Crazy...now people are investing speculating in real estate companies that raise their money with their own crypto tokens rather than traditional contracts, lawyers, and certified checks. https://www.tennessean.com/story/money/2018/08/01/nashville-real-estate-cryptocurrency-crowdfunded-ventures/764705002/ This is potentially really bad news for "hot" markets...it could make the bubbles inflate more than they would have otherwise.
August 2, 20186 yr As long as people continue to give all their money to the internet rather than spend it in their communities there's not much that can be done to stem the real estate bloodbath in tech cities.
August 2, 20186 yr https://www.law360.com/articles/1066924 Interesting article on the IRS cracking down on Coinbase and going after their subscribers for tax evasion and failing to properly report their gains. There is a lot of gray area out there but many crypto investors treat it like currency instead of property and may run afoul with the tax laws for doing so.
August 2, 20186 yr Since no one is posting about cryptos much this year, I assume they aren't exploding by 5,000% in 2018? Very Stable Genius
August 14, 20186 yr Since no one is posting about cryptos much this year, I assume they aren't exploding by 5,000% in 2018? Cryptos in free-fall this week. Bitcoin: $6,000 ETH: $250 Litecoin: $50 Ripple: 25 cents
August 15, 20186 yr Watch the 16th minute. Because Bryant Gumball and Katy Couric didn't know what the internet was in 1994, Bitcoin is going to take over: https://www.youtube.com/watch?v=7JSEiCl136Q I knew we were in a wild bubble back in December. I didn't pull the trigger and sell right then and waited until Jan 15, which ended up costing me about $1,000. And look at all of those commenters telling Joe Rogen how stupid he is. All of those dudes lost big money just a few weeks later.
August 15, 20186 yr Since no one is posting about cryptos much this year, I assume they aren't exploding by 5,000% in 2018? Cryptos in free-fall this week. Bitcoin: $6,000 ETH: $250 Litecoin: $50 Ripple: 25 cents Since their all-time highs: Ripple: -93% Litecoin: -85% Ethereum: -81% Bitcoin: -68% Very Stable Genius
August 15, 20186 yr The thing that really set off my suspicions in 2017 was that they'd all go up or down by roughly the same amount at the same time. They were supposedly different items but the market didn't differentiate significantly between them. What's interesting is how much all of the internet chatter has dried up. I think a lot of people lost a lot of money and they're just trying to sweep it under the rug and not let people know about it.
August 16, 20186 yr Building Blockland: Cleveland first city to partner with Blockchain Research Institute Updated 9:28 AM; Posted 9:15 AM By Emily Bamforth, cleveland.com, ebamforthCleveland[/member].com CLEVELAND, Ohio -- Cleveland is the first city where small businesses and nonprofits will have free access to data and research from the Blockchain Research Institute. The institute, headquartered in Toronto, Canada, announced the partnership with the region at a Greater Cleveland Partnership meeting Thursday morning. The meeting was centered on Cleveland car mogul Bernie Moreno's Blockchain effort, called "Blockland." Moreno hopes to make Cleveland an epicenter for blockchain, an online ledger system best known for hosting Bitcoin and other online currencies. https://www.cleveland.com/metro/index.ssf/2018/08/building_blockland_cleveland_b.html
August 16, 20186 yr Was chatting with some CLE techies about this today and was at first feeling the idea is misguided and have since cooled off a little. It appears the the three orgs have shared the expense ($50k each) of accessing Blockchain Research Institute (BRI) software. Jumpstart are acting as "gatekeepers" but appear to be allowing any new or existing business under $1B valuation through simple request form: https://bri.jumpstartinc.org/ 5 business day turn around time. So appears Jumpstart have positioned themselves well for identifying perspective funding opportunities. Here's to hoping the org partner well and create an environment to foster some blockchain tech in CLE+.
August 17, 20186 yr Local millionaires believe so much in their 'Blockland' idea that they put their own money up to host the convention! Oh, wait, no...they got the county to donate facilities for free. https://t.co/FXWlN21qs2 "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
August 23, 20186 yr What the Hell is Blockchain, Anyway? Notes from #Blockland Posted By Sam Allard on Thu, Aug 23, 2018 at 7:34 am https://www.clevescene.com/scene-and-heard/archives/2018/08/23/what-the-hell-is-blockchain-anyway-notes-from-blockland
September 10, 20186 yr Ethereum drops below $200 for the first time since July of 2017, after a run all the way up to $1,400. It'll be interesting to see where we are with these in January 2019, exactly one year after the peaks for all of them. As of Sept 10, 2018: Bitcoin $6,200 Bitcoin Cash $465 Litecoin $53 Ethereum $190 Ripple $0.27 My predictions for Jan 1, 2019: Bitcoin: $3,000 Bitcoin Cash: $100 Litecoin: $15 Ethereum: $40 Ripple: $.09
September 10, 20186 yr Ethereum drops below $200 for the first time since July of 2017, after a run all the way up to $1,400. It'll be interesting to see where we are with these in January 2019, exactly one year after the peaks for all of them. As of Sept 10, 2018: Bitcoin $6,200 Bitcoin Cash $465 Litecoin $53 Ethereum $190 Ripple $0.27 My predictions for Jan 1, 2019: Bitcoin: $3,000 Bitcoin Cash: $100 Litecoin: $15 Ethereum: $40 Ripple: $.09 Those seem like decent predictions although my guesses would be they wouldn't fall that far. However, I'll make no bet as these so-call currencies are driven by pure human emotion which is nearly impossible to predict. "Someone is sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett
September 10, 20186 yr BTC becomes unprofitable to mine between 3k and 4k, so hopefully doesn't fall further than that. Hoping bottom is 5800 personally.
September 10, 20186 yr Local millionaires believe so much in their 'Blockland' idea that they put their own money up to host the convention! Oh, wait, no...they got the county to donate facilities for free. https://t.co/FXWlN21qs2 No different than what many cities/regions do for many industries, to be honest. I'd rather have us give this a try than not.
September 11, 20186 yr Bernie Moreno Companies Now Accepting Bitcoin CLEVELAND, Sept. 10, 2018 /PRNewswire-PRWeb/ -- Bernie Moreno Companies is embracing the future like no other auto dealership group in the nation, announcing today that it is accepting Bitcoin and other cryptocurrencies for vehicle purchases and service payments, effective immediately. https://markets.businessinsider.com/news/stocks/bernie-moreno-companies-now-accepting-bitcoin-1027519654
September 11, 20186 yr Moreno's interest in crypto currency makes me take the whole "Blockland" thing that much less seriously.
September 13, 20186 yr There is a bitcoin/altcoin fashion website: https://www.blockchainstore.xyz/product-page/make-bitcoin-great-again-donald-trump-snapback-hat
September 13, 20186 yr All cryptos are on a huge sale...some 90% off from January. Why not buy in? Lol. Very Stable Genius
October 8, 20186 yr INSIGHT: Why China Is Trying To Murder Bitcoin https://coinroro.com/analysis-why-china-is-anti-bitcoin/ Edited October 8, 20186 yr by tklg Title
October 19, 20186 yr Floyd Mayweather being sued over his endorsement of sham cryptocurrency: http://www.tmz.com/2018/10/19/floyd-mayweather-dj-khaled-sued-crypto-currency-scam/
November 19, 20186 yr We are inching up on the 1-year anniversary of the Nov-December 2017 crypto bubble. Everything is down significantly from November 19, 2017, and far off the crazy December peak. Some are off by 90%. So exactly what Robert Schiller, etc., predicted. Bitcoin Dec 2017: $19,540 Nov 2018: $5,030 Bitcoin Cash Dec 2017: $3,502 Nov 2018: $267 Ethereum Dec 2017: $1,340 Nov 2018: $151 Litecoin Dec 2017: $357 Nov 2018: $36.62 Ripple Dec 2017: $2.70 Nov 2018: $0.49
November 25, 20186 yr Pay Taxes With Bitcoin? Ohio Says Sure Ohio appears set to become the first state to accept bitcoin for tax bills, a show of support for a technology that has garnered lots of hype but failed to gain traction as a form of payment. Beginning this week, Ohio businesses will be able to go to the website OhioCrypto.com and register to pay everything from cigarette sales taxes to employee withholding taxes with bitcoin. Eventually, the initiative will expand to individual filers.
November 26, 20186 yr On 11/19/2018 at 1:02 PM, jmecklenborg said: We are inching up on the 1-year anniversary of the Nov-December 2017 crypto bubble. Everything is down significantly from November 19, 2017, and far off the crazy December peak. Some are off by 90%. So exactly what Robert Schiller, etc., predicted. Bitcoin Dec 2017: $19,540 Nov 2018: $5,030 Nov 24: $3,515 Bitcoin Cash Dec 2017: $3,502 Nov 2018: $267 Nov 24: $152 Ethereum Dec 2017: $1,340 Nov 2018: $151 Nov 24: $99 Litecoin Dec 2017: $357 Nov 2018: $36.62 Nov 24: $26 Ripple Dec 2017: $2.70 Nov 2018: $0.49 Nov 24: $0.33 It just keeps getting uglier.
November 26, 20186 yr https://www.coindesk.com/ohio-becomes-first-us-state-to-allow-taxes-to-be-paid-in-bitcoin Quote Ohio Becomes First US State to Allow Taxes to Be Paid in Bitcoin Very Stable Genius
November 29, 20186 yr Floyd Mayweather fined $600k by the SEC for fraudulent crypto promotion: http://www.tmz.com/2018/11/29/floyd-mayweather-dj-khaled-sec-charges-cryptocurrency-fines/
December 3, 20186 yr "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 3, 20186 yr We may to start a new thread for Cleveland specifically will all the strategic focus happening here.
December 3, 20186 yr I'm on it. I'll post it in Ohio Business section. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 13, 20186 yr On 1/5/2018 at 1:37 AM, KJP said: Aeron (ARN), an aeronautics record-keeping blockchain, jumped 400% today to $5.50+. I was waiting for a Bitcoin transfer to go through so I could buy it when it happened to be at the early stages of its run. So now I'm waiting for a correction. Such is life in cryptoland.... Now trading at 24 cents.
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