Jauronimo

That would be an equity investment not an investment in a crypto asset. Crypto assets do not and will not produce cash flows. In most cases, they aren't controlled by companies which would defeat the spirit of this decentralized movement. Companies you and I invest in will adopt centralized blockchains to automate internal processes and save on costs but you won't buy and trade their tokens. I think the question isn't will any of this tech survive. The question that gives me anxiety as someone with skin in the game is will ETH and some of these other platform tokens appreciate in value or even maintain current value years from now even IF everyone you know is using their technology on a daily basis. Like the example put forth below, what if Karn is an overwhelming success and supplants ticketmaster and stubhub as a the global leader in event ticketing. Does the token have much value? https://multicoin.capital/2017/12/08/understanding-token-velocity/

Bitcoin doesn't even aim to be a currency anymore from what I understand. Blockstream says bitcoin is essentially digital gold. No one uses gold in purchases. It still has value.

Name the practical applications of gold and how much of gold's per ounce value is based on its practical application?

Each BTC is divisible out to 8 decimal places. You can buy $20 worth of BTC if you want.

Cool. But you have still only described maybe 1/3 of the total space. Read up on Ethereum which is anything BUT an attempt dethrone fiat and if that makes sense, take a gander at the hundreds of projects that are developing on the Ethereum platform.

I'm guessing he feels like the kind of guy that throws hot chicks parties for himself and makes millions of dollars. My heart goes out to him.

I suppose crypto assets have "no intrinsic value" from the standpoint of traditional equity analysis but plenty of other assets have value that do not produce cash flows. Comparing bitcoin to speculation on fungus infected tulips solely because of rapid price appreciation demonstrates very little understanding of the situation. Fun talking points but they ring hollow. Why does gold or silver have any particular value? Their actual use in tech and products is minimal. Production grows every year. Is there really anything more to it than we as a species like shiny stuff that stays shiny? Not too long ago our paper money and the full faith and credit of the U.S. was based on how much shiny stuff we had yet people balk at crypto like the concept is totally unheard of. Now we have a digital asset with a true finite amount that can act as digital shiny stuff in a trustless environment sans central bank or clearinghouse. And unlike physical shiny stuff, you can carry a fortune of it in your pocket and send it across the globe in an instant. Sounds like a process improvement to me.

What's the intrinsic value of fiat? I can think of a few pretty major differences between tulips and BTC or ETH.

Can you describe the mechanics of tulip mania and how they relate to crypto assets?

Brady's legacy took a big hit last night. He will retire with the most super bowl victories but also high on the list for super bowl losses, much like Jack Nicklaus who has the most 2nd place finishes in majors. Golden Bear during the regular season, folding chair when it counts.

I did something foolish yesterday and bought GBTC. I feel good about buying sub 9,000 BTC. Not so good about that 50% premium to NAV. But until a BTC ETF hits the market or some other open ended vehicle, that premium seems like it should persist.

The meds are supposed to make your sources go away. Up the dosage.

What would you like to discuss? Can't say I have a lot of interest in continuing to respond to cries of bubble and scam every time the most volatile asset class in the world falls a mere 4% in a day. Bitcoin is consolidating, Ethereum remains above $1,000 (that purchase in the $400s is looking ok), and you've never heard of any of the others I hold. I'm not really sure how to respond to your "I told you so" as Bitcoin CRASHES back down to the all time high realized in December. Today looks like a nice buying opportunity but I'm tapped out for the moment and do not have any additional money to toss into the game.

I want to see what it feels like to hate them with every ounce of being again. Its been about 8 days almost.

Your move, Buffalo Barbarian. There is a new challenger!!

Dude, its Alex Smiff we're talking about, not Skelton. It absolutely will not require anything higher than a 4th. KC might cut him and move on with the jeffismagic era.

Isn't C*ck Robin just a cheap Vagina Batman tribute band?

Especially if they become franchise QBs. No way you can keep both. Better take a RB.

I remember when my dad called us all into the living room. The Bills had just won the AFC Championship in '92. He said "I want a divorce." I got 2 Christmases for a while.

Can't have a board full of rooster suckers.

Pretty sure that has been the strategy in Cleveland for a while. Lose games. Draft high. Trade out of high draft picks and accumulate marginal NFL talent that can be retained cheaply. Rinse, wash, repeat.

You shouldn't draft guys that you think will be franchise type players because they will leave???

That would only make this whole debacle look MORE racist than it already looks. Why would you want MORE racism? NFL's best fans indeed.

Sorry if this has been discussed already. I'm not going to back through this whole thread. Does anybody else think this is racist? Looks racist to me. Just saying...racist. The Bills are racist.

Thank you for your service!