Cryptocurrency

[gables]

This is exciting, BancorX has now launched on the EOS network. BancorX, a EOS dApp, allows you to exchange liquidity between the EOS and Ether networks. In effect you can sell / buy an Ether token directly into a EOS token without using Bitcoin. Take a moment to understand how big this is. Understand the difference between EOS and Ether networks and it'll become clear. What will it do to the price of BNT token? Not sure... except to say you need it to cover exchange fees. And that might be useful for those of us interested in seigniorage between the two networks that normally would have to trade via Bitcoin.

Learnt a new word there, which is nice

[AtW]

The difference between EOs and Ether is about the same as the difference between different tulips

It’s still the same tulip, even if you can swap them

HTH

[Bean]

The difference between EOs and Ether is about the same as the difference between different tulips

It’s still the same tulip, even if you can swap them

HTH

and you're even wrong about that,
(Unless of course you were in agreement there IS difference between them, somehow I doubt it!)

[AtW]

It’s still tulip, jogon:

[Bean]

It’s still tulip, jogon:

keep digging

but please, don't block access to CUK at your workplace, we want all your employees to see your idiocy too

[scooterscot]

The difference between EOs and Ether is about the same as the difference between different tulips

It’s still the same tulip, even if you can swap them

HTH

Both are unique protocols. Both can exist they're not in competition, even if many say so.

Chances are you'll be using the EOS protocol next year and you'll not even know it.

[scooterscot]

Jesting aside and all that... don't delay on Ripple. And I'll explain why.... I still expect Bitcoin to crash down into 'despair' region. It might not, but there's a lot to suggest it will. However it'll never go below $4800, it would have to drop straight down in one long red candle to touch the long term support line indicated in blue below which has been in the making for the last 10 years.

The explanation:

1) Every time BTC dominance collapses Ripple rockets.

2) I really don't think BTC will collapse slowly, I think actually it'll do it quickly and stay that way for a few days and then volume explodes. So certainly many will be tempted to wait and buy in at new lows. That's great if you can time it, I can't. However I still believe the alt coins will rocket just like Ripple during this time.

3) Regardless of all that, right here right now represents a great time to enter the market.

Looks like the final leg down is happening. Why is this happening on the eve of the Bitcoin Cash fork? I'll get my tin hat....

[northernladuk]

Looks like the final leg down is happening. Why is this happening on the eve of the Bitcoin Cash fork? I'll get my tin hat....

So no 100k by the end of the year any more?

[scooterscot]

So no 100k by the end of the year any more?

Yes.

[scooterscot]

In a way it would be good it if fell all the way to $4.8k to hit the long term trend line.