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Monday, 16 September 2019

Crypto News From Asia: Sept. 9–15 This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

This article was originally posted on Cointelegraph - an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen [...]

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You are in the early days!

If you don’t think you are in the early days keep these things in mind.

People aren’t completely aware of bitcoin and/or what it exactly is. They never have heard of it when you mention it. They think it’s a typical programmed numbered system the bank uses when you explain the basics.

You are in the early days!

Amazon stock still rises and everyone knows what it is yet it still rises and it’s just a product website. They have added or copy cat many online services since books like music, tv, data storage, web servers, and photos etc. Amazon is a little over 20 years old. Bitcoin is a little over ten years old. When amazon was 10 years old I remember people didn’t know what amazon was.

Stocks in general and for instance amazon stock does not seem to stock split anymore. For those that don’t know what a stock split is this occurs when they need people to afford a share because people can’t afford 1500 to 2000 dollars for one share. They take the total available shares do something like double them or triple the total amount of shares.. if you had 10 shares you now have 20 shares if doubled and now the price of one share for new buyers will be 700 rather than 1400. The money you have invested is the exact same as before the stock split. Seems like stocks in general aren’t splitting anymore to get people used to bitcoin price not being different from stock prices. For old system stock minded people. That method is just to attract old stock buyers that are used to that system. It doesn’t matter for bitcoin it does not need stock splits. Once the average person understands this and the old stock buyers the below will happen at some point.

A logical prediction:

People aren’t doing this yet but they will. In the future people will use a fractional system to display the price of bitcoin in apps, coin rank web pages, and exchanges. For instance as of this moment today like this:

——————————————————————

0.1 BTC = 1,031.60 USD

0.01 BTC = 103.16 USD

0.001 BTC = 10.31 USD

0.0001 BTC = 1.03 USD

0.00001 BTC = 0.10 USD

——————————————————————

YOU

ARE

THE

EARLY

DAYS

Another logical prediction: After this occurs people will not prefer to buy normal stocks since it does not fraction out this way and companies will use crypto currency tech as the new stock. The old system will not be used as much or not at all.

Did I mention?

YOU

ARE

THE

EARLY

DAYS

—————

Is this a logical prediction or is this an actual prediction.? You decide? Time will tell!

submitted by /u/EverKong
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How many BTC to be a whale in the future?

Like, 10 years ago if you had 10,000 Bitcoin you're not a whale. You're merely a pizza eater. Today I believe hodling 1,000 BTC (maybe even less?) would make you a whale. Is there a future ahead where 100 BTC qualifies your as a whale? 10 BTC? It even one single coin?

submitted by /u/patriceac
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