Agreed, I've been following Waves for a while now. Since before they implemented the NG protocol. At current scale they are able to process over 6,000 transactions a minute, or about 10,000,000 transactions a day. Their stable coin so far has been well received. I am not currently staking any USDN at the moment but does have a pretty decent annual return of 13.75%. I am staking Waves as I'm working to acquire more of the underlying token for some of these other projects they are building.
Its definitely one of the more overlooked projects considering some of the partnerships they have. Microsoft, Deloitte, and Moscow stock Exchange to name a couple of the larger names. They've also recently partnered with Band protocol.
I'm definitely impressed with the strides they've made recently.
Ethereum has been struggling for years to overcome their scalability issues. I do hope they solve it as I do have some ETH that I'd rather not see go to waste.
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
Shami-Amourae (6th August 2020)
You know the same thing happened to me. I picked up a tape measure in 2008 that measures in parsecs and light years. Ever since then most things real fit between the smallest marks on my new tape measure!!!
Who needs money after all when you can only measure in Universes?
midnight rambler (6th August 2020)
Many of us are kicking ourselves for that. Someone that used to be on gsus was telling us to buy at $40 too. I think that person is worth millions now and is too busy to be on a forum like this.
Shami, you must be worth a few million dollars now too, since getting in at $4. Have you hit the 100 million mark yet? Did you buy a luxury home with a Ferrari in the garage yet? A measly 400 dollar investment at $4 a bitcoin is now worth 1.2 million dollars.
Recently, bitcoin went from about $6,000 to $12,000, while silver went from $14.50 to $29.00...so both have been doing well.
DON'T TAKE THE VACCINE!
THE SHIT HAS HIT THE FAN!
I was one of those who thought it would go nowhere. I don't remember laughing at you though. If I had taken your advice I would be very rich now. Did you take your advice? I did read some articles about people that got burned badly by it when it crashed. It seemed they ended up owing the IRS enormous sums even though they had lost it all the next tax cycle when it crashed. The IRS is a fair weather friend it would seem; they are there with their hand out when you make money but when you loose during a seceding year, they are like a hooker who already has your wallet.
Dictatorship naturally arises out of democracy, and the most aggravated form of tyranny and slavery out of the most extreme liberty." – Socrates
"Communism can be summed up in one sentence: The abolition of private property." ---Karl Marx
"Either you have the right to own property, or you are property." Wayne Hage
This is after all a gold/silver forum and most of us here have a visceral hatred of fiat. Bitcoin smacked of fiat to me then and still does. All it is, is electronic impulses and as we know, it can certainly be hacked. Do I trust it? No. Is it worth a lot of Gold and silver right now? Yes. Can it crash faster than gold and silver? Probably, and can you hold it and use it and shape it and fashion it into beautiful things? No. It would seem it does have a couple of positives about it though. They say it is finite, although how would you know unless you are a tech-god, that it is being held true to it's bounds? At this time, it seems you can use it for purchases and not be traced. So both of these are huge positives.
Back on topic; how soon do we hit $3000 Gold? Then again, how soon do we hit $1200 gold? I just keep hoping these bastards who are pumpin' and dumpin' and manipulating short, get caught and spanked severely. One can only hope.
Dictatorship naturally arises out of democracy, and the most aggravated form of tyranny and slavery out of the most extreme liberty." – Socrates
"Communism can be summed up in one sentence: The abolition of private property." ---Karl Marx
"Either you have the right to own property, or you are property." Wayne Hage
midnight rambler (6th August 2020),monty (6th August 2020)
I am another one who wished I listened to you. I didn't laugh either, but man you were right. Recently, a few months back during the height of this market drop from covid, a coworker and I were talking about investments. He was going to buy 2 bitcoin when it went down to $4000 abouts, and it did. I was going to buy into a little shelf stable food company that pays big dividends. My investment in the food company doubled. His would have tripled now, in just a few months. Unfortunately he didn't buy 2 bitcoin, family issues came up and he lost the window of opportunity.
I keep thinking that .govs are going to find a way to crush cryptocurrencies, which is why I still think they are risky. I'm getting older though, and am getting to the point where taking chances isn't of interest. Etherium sounds pretty good though.
We appreciate your contributions to the forum.
life is good.
I told this story before: I had most of my crypto stolen in 2011. I got emotional and freaked and sold everything, buckling to the peer pressure because of emotions. I didn't look at crypto for a few years after.
Then I bought back in and lost half in the BTC-e raid by the Feds.
I've been through a ton of loss. I'm technically lower middle class now but if Bitcoin goes on a similar bull run I can retire a multi-millionaire this time. I'm fully ready this time not to fuck it up.
The best strategy is to simply cost-dollar-average and buy/hold till you have something you're ready to buy. I have an exit strategy and 100% ready if there's one more bull run.
It's a miracle I didn't off myself over losing almost everything. It haunts me every day and most people I tell this to laugh at me like and don't believe I bought in at $4 and am still not "rich". I have less money than most on this forum. Something like this happened to a major crypto YouTuber (That Martini Guy) and he had to start over and is a millionaire again, so it's possible to recover, much wiser. It made me a lot smarter and more careful.
The truth is many people from back in sold and then felt guilty buying in at lower prices. I won't make the same mistake again.
Any Bitcoin below $50,000 is worth buying in my opinion. Dollar-cost-average. Don't get emotional.