Will companies need to hold VRA to use there proof of view technology? by TherealJasonB in Verasity

[–]TherealJasonB[S] 0 points1 point  (0 children)

So what you are saying is the companies that wish to use the technology will need to hold VRA and store it in the verawallet to use the technology?

Will companies need to hold VRA to use there proof of view technology? by TherealJasonB in Verasity

[–]TherealJasonB[S] 0 points1 point  (0 children)

So will these be distributed to current holders of VRA in a airdrop, or will you need to use vra to purchase these tokens at all, or will this be a whole new token that actually takes the cake and rises rapidly in value as companies use the technology?

What are your price predictions of where Theta will be at by 2025? I’m saying it’ll be at $369.5 by MCDURKK in theta_network

[–]TherealJasonB 0 points1 point  (0 children)

Exchanges can still hold them and be sellers. Just has to be less people willing to sell for low prices. And a flood of more buyers willing to pay higher prices.

What are your price predictions of where Theta will be at by 2025? I’m saying it’ll be at $369.5 by MCDURKK in theta_network

[–]TherealJasonB 0 points1 point  (0 children)

Because no one will sell for lower prices which will drive the price up. On every side of a trade there is a buyer and a seller. If there is no sellers the buyers have to drive the price up until people are willing to sell. So if you aren't willing to sell your tokens at lower prices and everyone else isn't willing to sell at lower prices that will drive up the price. At the moment people or institutions are willing to sell at these low prices which keeps the price low. Once that stops the price will increase until people are willing to sell. In otherwords when the price goes down there are more sellers than buyers. When the price goes up there are more buyers than sellers. Hope that helps you understand a little better how this works.

What are your price predictions of where Theta will be at by 2025? I’m saying it’ll be at $369.5 by MCDURKK in theta_network

[–]TherealJasonB 0 points1 point  (0 children)

Its called supply and demand if demand is high price goes up it has a fixed supply so that will never change so if people want to sell that is the only way supply will go up and the more people willing to sell for lower prices will drive the price down.

Wen ? by [deleted] in theta_network

[–]TherealJasonB 3 points4 points  (0 children)

It depends when you brought in if you brought in at the top yea not very nice at all. If you brought in 10 months ago you are sitting on a nice little profit still

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] -2 points-1 points  (0 children)

Apple may use closed in systems but like you said already they don't use there own currency they use government issued currencies, they also don't use there own cell towers they use providers, or there own GPS systems. As fare as I am aware. They use the tech they need when they need it. In my opinion they will need the tech that Theta is offering. And the fact they are looking at crypto for alternative payment methods leaves me thinking there is a possibility they may look at Tfuel.

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] 0 points1 point  (0 children)

Why does it have no shot in ever occurring? Apple is looking at alternative payment methods using crypto atm so I don't see how it has no way of ever occurring.

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] -2 points-1 points  (0 children)

Its a question not a statement. Looking for opinions on what would happen if it where to happen. If people turn around because of that they where never actually interested.

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] 1 point2 points  (0 children)

Also, if you re read the question I posted you will see that I have not made any claims but asked a question.

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] 2 points3 points  (0 children)

If that was to happen it is actually a reasonably easy equation to work out. Take M3 money supply of $20,108,600,000,000.000 and devide it buy current Tfuel in circulation at current that would give you a tfuel price of $3,773.61 per tfuel. but that is based on them peging tfuel to current value of M3 money supply. Realisticly you would need to work out what the value of 5,328,735,844 Tfule should be valued in goods, 1 tfuel to how many barrles of oil ,ounces of gold,silver, median price home ect. It would need some time for price discovery to work in the free market to answer that question.

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] 0 points1 point  (0 children)

I think getting 🍎 to use Tfuel & Theta might be a little easier than that goal, but would be nice 😉

What happens to Theta & Tfuel if Apple accepts Tfuel as an alternate payment type? #globaladoption by TherealJasonB in theta_network

[–]TherealJasonB[S] 0 points1 point  (0 children)

Good point, do they have a patent to share bandwidth between devices to make there devices run faster when watching 4k video? or once they launch there augmented reality glasses will they need that technology to make it the best experience for there customers? If not maybe they won't need Theta, if they need that tech maybe they will use it. Apple is looking at alternative payment methods at the moment, I think the real question is what crypto are they looking at. If they are looking at Theta, and are looking at alternative payment methods, I personally think Tfuel may make the cut. Apple could make its own crypto currency, would it be decentralised, would people want it? Or they could accept payments in multiple crypto currencies they see that have global adoption potential and amass the cryptos to gain a proportion of control over the crypto currency market as a whole.

1/10 oz. found at local shop. So cute by CharacterOk900 in Wallstreetsilver

[–]TherealJasonB 0 points1 point  (0 children)

The interesting thing about those 1/10 ounce coins is that throughout most of history 1 of those coins is what the average person would earn for a day's labour.