Punstoppable
A list of puns related to "Digital Asset"
No matter whether you like like crypto's or not, recent days have made it clear again Bitcoin is not a "safe haven" or "digital gold" which some claim it to be.
In the past week when equity markets sold off because of Fed tapering fears and lower then expected nonfarm payrolls, bitcoin also went down almost 20%.
I'm not judging those that want to speculate on cryptos, just don't call it a safe haven. If anything it's a risk-on asset which follows more the sentiment in stocks.
If you want a safe haven right now consider 5-10% gold in portfolio. Most probably hold an ETF like $GLD for that. Gold futures went up more than a percent on friday.
For those that will point out gold didn't go up in the past 10 years, that's because the Fed kept printing money which has helped bloating the stock market. Fed already announed they will finally taper off this QE and might even want to do it faster. Over longer periods of time like the past 20 and 30 years gold has even outperformed the S&P500.
Concerning holding bonds as safe haven keep in mind those can be hit hard if Fed speeds up its QE tapering and starts raising interest rates which will happen eventually.
BlockX is a Global multi-chain Payment & Settlement Chain for Digital Assets. This is a excellent project. I am confident that the project will show itself well in the future. I really want to support the development team and say important words in support of this project. #BlockX #digitalassets #finance $BCX #blockchain
This project has a good growth dynamics, I wish the company to continue to work on creating new partnerships, as well as strengthening existing ones https://blockxnet.com
The digital asset research team at Standard Chartered sees Ethereum going as high as $35,000, but only if bitcoin nears $175,000, according to a September 8, 2021 research report.
The team at Standard Chartered anticipates that bitcoin will double in 2022. The bank’s structural value for Ethereum is between $26,000 and $35,000, but only if bitcoin starts to trade at the top of their value range, which is between $50,000 and $175,000.
For bitcoin, “cyclically, we expect a peak around $100,000 in late 2021 or early 2022,” Geoff Kendrick, head of emerging market currency research and crypto research at Standard Chartered, said.
As far as the timeline for the price target, Kendrick said that bitcoin’s halving cycle, which occurs every 210,000 blocks, is a key figure to watch.
“I think the main driver of the whole asset class is the cyclical nature of the halvings that happen in bitcoin supply where every four and a half years there is a halving of the number of new bitcoins issued,” Kendrick said.
If and when bitcoin reaches $100,000, Ethereum will increase as well, likely hitting around $15,000 by the first half of 2022, he said.
“To get to the bigger-picture value, like $26,000 to $35,000, we might have to wait until we get the next bitcoin cycle, which doesn’t kick in until 2024, at which time I suspect it becomes feasible for bitcoin to go to the top of the valuation range at $175,000,” said Kendrick. “If we could get to that, or there about, then I think that allows Ethereum to go towards the top of its valuation range.”
The Standard Chartered team is more bullish on Ethereum than bitcoin, Kendrick said, because the use cases for bitcoin are far more limited.
“Peer-to-peer electronic payments, that’s it. That’s the only use, really, for bitcoin in a practical sense, as well as its store of value,” said Kendrick.
Ethereum, on the other hand, can take on a more “financial market” role.
“ETH serves more as a facilitator of a larger software platform hosting a variety of decentralised applications (dApps) and contracts, which together constitute the Ethereum network,” the report said. “This gives rise to a much wider set of use cases.”
Use cases include non-fungible tokens, which have exploded in popu
... keep reading on reddit ➡FRIENDS AND ENEMIES
This week we welcome to the show Mark Binns - CEO of Netcoins and BIGG Digital Assets - the first publicly traded crypto exchange in Canada.
We discuss his journey into BTC, the importance of regulation and compliance, the BIGG/Netcoins product suites, and he shares his thoughts on where Bitcoin is headed in Canada over the next few years. We've been fans of Mark for sometime, so we were pumped to get him on and we hope you'll enjoy listening to the program as much as we enjoyed recording it.
Cheers!
Mark on Twitter
Mark on LinkedIn
BIGG Digital Assets
Netcoins
GameStop on FLEXA
Below you see Flexa indicating that GameStop has been enabled on their digital payments platform. This is widely believed to be a requirement to be able to allow payments on a much more grandiose, GameStop-specific digital marketplace.
Flexa Adds Digital Payments for GameStop
GameStop on Loopring's Infrastructure
Evidence shows that Loopring's N.F.T. Feature is now completed, which means that the backend for GameStop is technically ready for launch.
It should be noted that GameStop's head of blockchain co-wrote Loopring's whitepaper, and communication on twitter reveals that the GameStop blockchain teams and Loopring blockchain teams have been specifically working together.
'Windatang' is the lead developer/coder for Loopring. Loopring "zk rollup" is the term for Layer 2, which allows for much faster (instant) bulk payments on top of the previous system backbone.
Loopring's new market is said to be a game changer for banking, and the world of finance. What GameStop and Loopring have done here is essentially reinvent finance - they have successfully merged finance and technology in the first unmodifiable, unmediatable, and untampered marketplace with zero fees.
I foresee that this is why GameStop leadership has been 'hush hush.' This is why the leadership has been silent on conference calls, and that chairman Ryan Cohen has stated, "you won't find us giving our strategy away to the competition."
Windatang is listed as Loopring's key developer for the NFT back-end on their Network
The Future of Digital Markets
Gary Gensler once communicated that GameStop was behind a greater story about the merger of finance and technology. I don't think anyone could have foreseen that GameStop would literally upend the entire banking system with their infrastructure.
Yet, the evidence speaks for itself. GameStop is beating facebook at becoming the leader in the metaverse, digital markets, as well as gaming e-commerce.
Could this smell "future monopoly" on the digital world? Let me know what you think in the comments.
[SEC Chairman Gary Gensler once commented on GameStop and the 'intersection of finance and technology'](https://preview.redd.it/3fgorcq8q0681.
... keep reading on reddit ➡Hi!
I’m a former public librarian looking to work as a Digital Asset Manager and I’m curious if anyone works as such and how you made the transition from librarian.
I see a few postings not many but there are some software I’m not familiar with although I’m pretty good with a host of other software.
Anyway how can I phrase my resume to stand out and do you have any leads at where you work?
Thank you!
Nexo is pleased to unveil a long-term collaboration with Fidelity Digital Assets to revolutionize institutional access to digital assets!
Working with Fidelity will allow us to offer best-in-class custodial and lending services and launch innovative institutional-focused products.
More information on: Nexo's collaboration with Fidelity Digital Assets
⚡️PDX is a digital currency that is at the core of a powerful new banking and financial services ecosystem💰
PDX is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments
🔥 We have big growth for PDX here https://p2pb2b.io/trade/PDX_USDT/
✅ It is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments
✅ Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse
✅ Data will be stored on an immutable blockchain, making it indestructible, theft-proof, and anonymous
✅ PDX virtual banking, exchange and payments processing capabilities will feed off each other and build a large user adoption in the consumer and commercial world
👉PDX Coin links:
I am aware that there are some crypto projects out there that are currencies, I am just looking at this in a broad sense. Bankers, institutions, government bodies are having a hard time grasping with what crypto is in general, which at its simplest explanation would be a network, think 1g, 2g, 3g, 4g in cell networks but now you can invest in a network where before you could not (I'm not implying crypto is a cell network per say). I think both fiat and crypto can work great in parallel but the suits at the top, the majority of them can't or won't think that way. I think with a change in some verbiage it would go a long way with the powers that be in charge of fiat land to understand it better. We already have some congress people here using that verbiage as an example. I am in the states for clarity.
An explosion in the growth of crypto networks vying to take market share from Ethereum is unlikely to threaten the dominance of the world’s most used blockchain, according to Joey Krug, co-chief investment officer at digital-asset investment firm Pantera Capital.
“If you roll the clock forward 10 to 20 years, a very sizable percent, maybe even north of 50%, of the world’s financial transactions in some way, shape or form will touch Ethereum,” Krug said in an interview.
Ether, the native currency of Ethereum’s platform, sits among Pantera Capital Management LP’s top three positions across funds, according to Krug. The token is the second largest by market value after Bitcoin. Pantera is one of the earliest digital-asset investment firms and ranks in the top five of crypto-focused funds with $5.8 billion in assets.
Critics of Ethereum say it has expensive fees and slow transaction speeds as traffic crowds the network. Add-ons, known as layer-2 networks, have emerged as fixes but can be complex to use, or have other disadvantages.
So-called “ETH-killers” have gained traction with developers who use blockchain technology to build so-called decentralized finance, or DeFi applications. The namesake coins of some networks rose in returns along with use, including Solana and Polkadot. Those coins surged about 7,000% and 150% respectively over the last year even with the recent downturn in many token prices, according to data tracker CoinGecko.
Ether had a breakthrough year itself in 2021, hitting a record high while soaring almost 400%. That came on top of a gain of almost 500% the prior year, and has rekindled speculation that it could one day surpass Bitcoin, which currently has about double the market value of Ether.
Krug, an early DeFi developer, believes competitors will eventually rely on Ethereum as a base, assuming that the blockchain successfully switches to proof-of-stake: a method of validating transactions that is promoted as being more efficient and environmentally-friendly than the current proof-of-work system.
“There’s too many trade-offs other chains are making that Ethereum is not making on the decentralization side that are pretty important,” Krug said, noting security concerns. “I don’t know if they’re best suited to be the new global financial settlement layer.”
Pantera is headed by Dan Morehead, a veteran Bitcoin investor, who was an executive at Julian Robertson’s Tiger Management earlier in his career.
Grayscale Investments’
... keep reading on reddit ➡I have two beautiful girls whose birthday's happened to fall on the same day in July (ages are separated by a few years). I had originally posted back in July that for their birthdays, I had bought both my girls each one Ethereum coin & put into separate wallets until they get older (one day to be transferred into an account under their name).
I had done this for one main reason...because I know digital assets (ETH specifically) are the future & wanted to teach my kids from an early age it's significance & importance. Has always been my belief that one of the largest barriers to adoption would be 1) the fear of change & 2) the fear of the unknown. We can combat both of those "barriers" through education (educating the masses & younger people) & getting people familiarized with the use & idea of digital assets. Fear disappears with familiarization. If we can find a way to get people comfortable and educated...ETH (along with digital assets as a whole) will continue to have a bright future. Do you agree that education/familiarization is the most important (or one of the most important) factors for crypto adoption?
July (2021) ETH Purchase Prices: $2068.23 (coin #1) & $2072.11 (coin #2)
Current November (2021) ETH Value: $4300 (about a +110% value in each coin/wallet in 4-months - not too shabby for a 2 & 4 year old)
https://preview.redd.it/58wl72mpoa181.jpg?width=3024&format=pjpg&auto=webp&s=024aacb740d74f1930da3bc47b9652f1a7a37572
I was initially skeptical about apes pilling into GME's marketplace with low effort memes and other mediocre content, but I agree that the sub shouldn't be gatekeeping who submits what. Ebay is a massively successful online marketplace where anyone can sell just about anything. Sure, there's a lot of junk on ebay, but with the right filters in place it doesn't stop you from finding what you're looking for. Same goes for GME's marketplace. Once it's up and running GME's marketplace could be as big or even bigger than ebay! Are you hyped yet? LFG! 🚀🚀🚀
🔥 We have big growth for PDX here https://p2pb2b.io/trade/PDX_USDT/
✅It is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments
✅Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse
✅Data will be stored on an immutable blockchain, making it indestructible, theft-proof, and anonymous
✅PDX virtual banking, exchange and payments processing capabilities will feed off each other and build a large user adoption in the consumer and commercial world
👉PDX Coin links:
⚡️PDX is a digital currency that is at the core of a powerful new banking and financial services ecosystem💰
https://preview.redd.it/tcyasezej1b81.png?width=1919&format=png&auto=webp&s=b33f591e4c23872dcd267eb5fd69fb45443e75ff
🔥 We have big growth for PDX here https://p2pb2b.io/trade/PDX_USDT/
✅It is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments
✅Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse
✅Data will be stored on an immutable blockchain, making it indestructible, theft-proof, and anonymous
✅PDX virtual banking, exchange and payments processing capabilities will feed off each other and build a large user adoption in the consumer and commercial world
👉PDX Coin links:
⚡️PDX is a digital currency that is at the core of a powerful new banking and financial services ecosystem💰
https://preview.redd.it/4c2fwvm2bdb81.png?width=602&format=png&auto=webp&s=6a5e605a4501e2d27acd48b5f66db6ee2afcf415
🔥 We have big growth for PDX here https://p2pb2b.io/trade/PDX_USDT/
✅It is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments
✅Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse
✅Data will be stored on an immutable blockchain, making it indestructible, theft-proof, and anonymous
✅PDX virtual banking, exchange and payments processing capabilities will feed off each other and build a large user adoption in the consumer and commercial world
👉PDX Coin links:
This project is a good and strong team, in a predictable and transparent road map, planned and projected. I trust in this project, and is sure that it will prove.
#BlockX #digitalassets #finance $BCX #blockchain
⚡️PDX is a digital currency that is at the core of a powerful new banking and financial services ecosystem💰
https://preview.redd.it/0nfz5iswwab81.jpg?width=640&format=pjpg&auto=webp&s=0e1f8aa5f5639a227a88449d93522b5d0036e5c4
🔥 We have big growth for PDX here https://p2pb2b.io/trade/PDX_USDT/
✅It is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments
✅Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse
✅Data will be stored on an immutable blockchain, making it indestructible, theft-proof, and anonymous
✅PDX virtual banking, exchange and payments processing capabilities will feed off each other and build a large user adoption in the consumer and commercial world
👉PDX Coin links:
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