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Not Everything With a Blockchain Underpinning is Cryptocurrency – Bankless Times

Not Everything With a Blockchain Underpinning is Cryptocurrency – Bankless Times
banklesstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from banklesstimes.com Daily Mail and Mail on Sunday newspapers.

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Stock Market Crash: Expert Warns 30% Drop in S&P 500 'Highly Probable'

"We're living in history through something that's as bizarre as tulipmania. And everybody's just like, 'It's fine,'" says Phil Toews. ....

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Why the low number of crypto-based lenders on the market? – Bankless Times

Why the low number of crypto-based lenders on the market?
Towards the end of 2017, the world witnessed explosive growth in cryptocurrency trading. What was once considered an obscure investment opportunity soon became the go-to selection for traders and investors everywhere?
Bitcoin (BTC) ballooned to $20,000 per unit before retreating sharply to its current levels around $7,000 per unit. The value of the cryptocurrency market defied gravity, driving tens of thousands of traders to this burgeoning new paradigm. However, as with the
Tulip Bubble in the 1600s, the mania was short-lived.
The top 5 digital currencies by market capitalization include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCC), and EOS. Together, these top 5 cryptocurrencies make up $194 billion of the total $250 billion of all 1752 cryptocurrencies. That’s a staggering 77.6% dominance of the top 5, of which Bitcoin has a 47.4% market share. It’s equally interesting that the u ....

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Are NFTs the Next Tulip Bubble? Kenny Schachter Doesn't Care—and He Sold His Own Grandma on the Crypto Web to Prove It

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Mar 10, 2021
I was bound to get a couple of things wrong last time, on the tech side anyway but thankfully most denizens of the art world aren’t savvy enough in that regard (yet) to have attacked me for it, as they are wont to do. The art part of NFTs don’t live on the blockchain, but rather on the InterPlanetary File System (IPFS, see glossary), which is a peer-to-peer computer network for storing and sharing data in a distributed fashion. There are many potential problems on the horizon for which no ready answers seem to exist. What if the IPFS is hacked, or the businesses running them somehow go under? Could there be NFTs shorn of their art? (some would say that’s the case already!) One DM-er complained that they couldn’t find any details relating to the technical requirements for image resolution sizes (there are none) and whether TIFF files are the best format because they are the most stable (probably yes, but anything goes as of now). ....

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Detailed text transcripts for TV channel - MSNBC - 20171227:16:40:00

Trust more because ron and i have been talking about this for more than 20 years, these types of things. i go back to my old friend when people say to me why shouldn t i invest in this stuff. there s a point at which you should. the early stages of a speculative bubble, you could make millions or billions of dollars if you time it right. the question for most investors is they typically come in late and top tick the market, if you will. people who bought bitcoin at nearly $20,000 a week ago are still down $4,000 per coin. so your timing has to be great if you re speculating with vegas money. money you can afford to lose. that s the point i was going to make. 52% of people invest in stocks through their 401(k)s or iras or individually. you ve got to have vegas money to do this. if you do and you know this is money you otherwise would have put in the slots, okay. your chances are not worse. it can go to zero. correct. but you have to go into this stuff with the understanding ....

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