Its ironic that the US won’t allow exchanges for their citizens but gives the Fed carte Blanche to take a wrecking ball to their economy.
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NEO is doing well lately. Coming week is interesting as Flamingo (defi) starts up.
Interesting for us; it’s cross chain, it can wrap erc20 tokens and later on BTC itself.
So moving to ERC20 (even with our own Safe token) is becoming a clear no-brainer
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Tweak the distribution and everybody can live on the moon 
Auw oooh!
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5% of bitcoin’s transactions, 1% of the market cap. Now defacto currency of top DNMs, just saying’
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I haven’t really looked into it at all, but it seems to me the price of crypto is following that of the stock market pretty closely. I wish it weren’t. Also, I think the stock market is due for a crash pretty soon. But I am absolutely no economist. What do you guys think?
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Thanks for the reply. I like reading your posts.
Gold has always been a safe haven against inflation and crashing stock markets. But I don’t think bitcoin or crypto in general has reached that status (yet). The bitcoin price feels like pure speculation with “extra” money to me for now.
I’m not a rich man, but I have a little bit of money in cash (Euro) and a little bit in crypto (mostly Bitcoin), buried behind the chicken house. 
Well, and a tiny bit of stock. I recently inherited quite a bit of mortgage debt and I’m afraid of losing my home to a combination of the bank and the Finnish taxman. What to do?
You’ve mentioned silver before, which I don’t own. What would you say is the best to hold on to for the next year or so, until the inheritance bureaucracy clears and I can at least try to pay off the mortgage? I hate being in debt all of a sudden, but I’d also hate losing out on a possible crypto rally coming soon. I have practically no income at all - just fish, game, eggs and some potatoes in the garden.
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This has changed a lot in recent months with defi…
See Hex.com , it gives 25% annual interest at the moment…
Not if someone crashes the mkt before you cash out.
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This is true, but only for the $ price. I forgot to specify that it is about 25% more hex for 1 year.
Obviously, the $ price can be anything. My personal opinion is that the price will fall for the next year, a year and a half. Maybe 90-95% down.
Of course, there may be whales waiting to buy and it may not fall so much. In a year and a half, Richard will have bought all of Hex from the weak hands and will be able to fulfill his dream of having a coin that made x10000…
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Ditto. I’m also mainly trying to understand “the system”. Of course I don’t blindly follow anybody’s advice. (I even considered explicitly saying so in my last post, because I know people don’t like giving financial advice.) I’m no idiot, so I do listen to different opinions and perspectives as long as they seem coherent, which yours do.
Here’s to surviving in a screwed up world!
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Yeah Kraken just announced the soon to be listed Filecoin too. Def a team thats been doing big things even if their initial offering was not very public friendly.
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Filecoin supply: 2B (4x maidsafe supply)
Maidsafe supply: ~ 500M
Filecoin price on launch: ~ U$ 50
Maidsafe price on launch: ~U$ 200 (4x filecoin launch price)
I know it is a lot more complicated than this( Eg. circulating supply), but generally speaking, is the above assumption right?
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I was just wondering the same thing based off the insane immediate valuation. My guess is the previous MAID chart and price action would influence new price discovery. Would be a shame if it did because the speculation also draws in interest in the project.
Will these dweb tokens explode in price in the midst of the bull run? I think it’s likely
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What is the maximum number of Filecoins? What is their inflation curve?