Forget Great Depression, the Greatest Ever is Coming Says Gerald Celente

[bostonangler]

 

[coorslite21]

Excellent find B/A......hope some DV'ers will take the time to watch it....    CL

[Floridian]

1 hour ago, coorslite21 said:

Excellent find B/A......hope some DV'ers will take the time to watch it....    CL

 

I did watch it, CL.

Instead of gold, how about crypto?

Is one better than the other?

[bostonangler]

According to CoinMarketCap, there are nearly 2,500 cryptocurrencies in circulation, but few are as familiar or as dominant as Bitcoin. While most coins don't even come close to Bitcoin's overall wealth, there are some that have performed better as an asset than the crypto stalwart. Those holy five are: Chainlink, Binance Coin, Ren, Huobi Token and Tierion.

Chainlink was the best performer of the last eight months, having gained close to 800 percent this year. It was the only token that had more than a 400 percent return. Bitcoin, on the other hand, is up close to 185 percent since the start of the year, having climbed from just $3,746 up to its current value of $10,674.

The two tokens that rose the most this year (Chainlink and Binance Coin) have clear reasons behind their growth. Many projects have decided to implement Chainlink's set of decentralized oracles over the past year, many forming crucial partnerships with the team behind the coin. It's mainnet launched earlier this year and it has already been listed on Coinbase—setting its value rocketing from $1 to $4.40 in June.

The end of the initial exchange offering is nigh

Crypto exchange Binance has largely been behind the rise in the value of its native coin Binance Coin—using 20 percent of its monthly profits to burn a proportional amount of it. By reducing the supply, it helped to push the price up. It has also built an ecosystem around the coin, with its blockchain platform Binance Chain supporting a range of new projects. Binance Coin rose from $6.50 in January to its current price of $28. This pushed it up the rankings to become the sixth-largest coin by market cap.

According to market research released by LongHash, just 18 digital assets provided investors with at least 100 percent returns in 2019. While this might sound impressive, 2017's bull run produced dozens of tokens that provided in excess of 100 percent returns. There were also several examples of tokens generating more than 10,000 percent returns, including Verge, Stellar and XRP. That was largely helped along by the ICO craze, which saw a small revival this year in the form of IEOs. But, apparently, the new exchange-backed offerings are already running out of steam.

https://finance.yahoo.com/news/bitcoin-6th-best-performing-cryptocurrency-161450752.html

 

 

B/A

[CSM (R) Thack]

Thx for sharing!!!🇺🇸

[ChuckFinley]

Thanks BA, very informative.  

[coorslite21]

6 hours ago, Floridian said:

 

I did watch it, CL.

Instead of gold, how about crypto?

Is one better than the other?

 

The blockchain is the future.....IMO It will parallel what the "internet" did in the 90's......there will be some hiccups.....but this is the next big opportunity.....

 

Gold is a proven "safe haven"....yes you can profit from it.....but I believe it is more of a hedge against disaster....

 

B/A......you're Yahoo article is just a small part of the story.....but the take away needs to be of the 2500 or so offerings......95%, or better, are schit coins....

 

Think back to the 90's.....can you name any internet sensations that flamed out...?

 

CL

[Floridian]

1 minute ago, coorslite21 said:

 

The blockchain is the future.....IMO It will parallel what the "internet" did in the 90's......there will be some hiccups.....but this is the next big opportunity.....

 

Gold is a proven "safe haven"....yes you can profit from it.....but I believe it is more of a hedge against disaster....

 

CL

 

Thanks, CL.  😊

[bostonangler]

10 hours ago, coorslite21 said:

 

Think back to the 90's.....can you name any internet sensations that flamed out...?

 

I sure can... I just thought it was interesting. As I have stated I don't know much about crypto and would have thought bitcoin was a best in class... I was surprised when I read this. And like the internet, and crypto, weed stocks are a plenty and in the end there will be some big winners and a lot of losers... It's just hard to know which ones will win. I agree the technology of blockchain is like the picks and shovels of the gold rush... 

 

B/A

[MyLadiesDaddy]

11 hours ago, coorslite21 said:

The blockchain is the future

And how long is the Future?

[md11fr8dawg]

LGD, the way the world is headed today and the poor economies of many countries, I would say the future for cryptos (once the trash is weeded out) will be long, unlesss, of course the world comes to an end! Then none of this will matter.

Edited August 22, 2019 by md11fr8dawg

[learning all i can]

to all that has contributed to this thread.........

If a world wide depressing occured.......

if this is so and I say if, how can we look forward to our dinar revaluation?  All currency will plummet,  won't it?  Will some currencies still be stronger than others.  Will our dteams of a rv be destroyed?  Just a goofy question from a whirling mind of "What ifs"