iBankCoin
Home / 2019 / August

Monthly Archives: August 2019

Playtime is OVER

Sorry Crypto Kiddies, it’s time to grow up.

Pumping coins on the latest meme was good times while it lasted. Trust me, I enjoy a good meme.

Everyone makes money in a bull market and 2017 was a grand bubble. On large timeframes, we’ve been dead cat bouncing ever since.

Here’s the future of “alt coins”.

It looks like fundamentals are catching up to the market.

What are the fundamentals of BTC?

  • 1MB blocks
  • 7 transactions per second max
  • “store of value”
  • depends on sidechains to scale

What are the fundaments of BSV?

  • 2GB blocks
  • 1,000 transactions per second
  • Peer to Peer Electronic Cash / Global Ledger
  • Competitive network, scale or die, no third parties needed

Applications built on BSV:

yours.org – blogging
Audiob.app – music
twetch.app – social media
streamanity.com – streaming video
moneybutton.com (and Paymail) – payments
Handcash POP – point of sale

Applications built on BTC:

?????? – no kidding. I can’t name one. BTC’s only use case is speculation as far as I can tell.

Price:
BTC ~$10,150
BSV ~$150

70:1 ratio. I see a grand opportunity here for BSV. Remember, I said buy BSV at $130 and below in Buy The Blood.

And then we have the topic that has distracted the market for years. Who is Satoshi Nakamoto? The truth is coming out. Bitcoin was not designed for dark markets or money laundering. Bitcoin is designed to be legal and poised to be THE world currency.

Craig Wright on Cheddar today. CNBC by 2020. Speaking at United Nations within 5 years.

Crypto Twitter has been playing the game of attacking Craig Wright for years. Play foolish games get foolish prizes.

Comments »

Stocks get Clowned

This was easy to see coming.

The great QE experiment nears it’s end. Stock your bunkers and hug your transgender children America, we are in for a rough landing as we fall from the top.

Zerohedge’rs are in the streets lighting live bulls on fire.

Trump is on Fox and Friends bashing Fed Chairs while tweeting from a gold toilet bowl.

Idiocracy was not a comedy. It’s a documentary made by time travelers.

It’s ok. A suitcase of Bud is still $18 and the fish are biting.

Comments »