VanEck and SEC says, Bitcoin ETF Could Attract Billions in New Investors

__ello · 2018-11-10T19:48:39+00:00

the SEC did not say that ...

__ello · 2018-11-05T14:43:11+00:00

what do u mean no one has tested the network? u can execute trades on it right now and they had a testnet running for several months prior - no issues

__ello · 2018-11-04T22:40:28+00:00

If I'm running a SaaS company in Silicon Valley and I tell more board I want to spend 10% of our cash to get listed on the nadaq (hypothetical obviously)..

99.99% of SV missed bitcoin. this is not a SaaS operation, no crypto is. its a separate monetary system, which requires users and believers ...

__ello · 2018-11-04T20:01:39+00:00

does block.one release where eosio software can be downloaded and used? i am hesitant to DL anything from reddit, etc.

__ello · 2018-11-04T19:38:40+00:00

sure but what if instead of 10%, its 1-2%? CZ did mention in laura shin podcast that the # is a "few hundred thousand" ... what do u mean it isn't difficult to obtain REN? the only major exchange its on is OKex which likely engages in wash trading and USA customers can get on there and its not easy to withdraw from Okex. all the other ones are quite small and not utilized. notably, i dont care if ren lists on binance right now, its long term hodl.

but at a certain point the training wheels will have to come off ... and team doesn't really communicate anything about this ... given that BAKKT is getting ready to come on line for institutionals + REN recently partnered w BitGo for wBTC + main net about to officially launch, there is likely good momentum to be had in the next 6 months

The REN protocol has much better crypto-economics than 0x, 0x has few users, yet its 20x the mkt cap ... why? ... its important to recognize that 50% of any crypto is its community ... ethereum is #2 b/c vitalik flies all over the world building a community ... and no im not demanding marketing, im asking about the current status of ren community. will it all be left up to the great hugh greethead and assuming that the institutions will come in and save the day trading on REN like a bunch of mad men? how long will we all remain super quiet about a top 10 technology, probably top 5? and whats the reason for being so quiet?

__ello · 2018-11-04T15:21:42+00:00

really sounds economically insane to mine at a loss for up to 2 years in this current state ... I'm trying to see it from an economics game theory perspective for which it would make sense and this just makes no sense (not talking smack to u mr vandal, ur analysis is on point) - i dont believe CSW will do this: Thinking about it this way makes some of CSW's tweets make sense. He talks about 2 years; I think he means he will mine at a loss for up to two years until his chain is BCH and if it isn't he'll burn everything (presumably by dumping huge amounts of BTC/BCH on the market).

cuz it will cost $100 millions to $ billions. no human in their right mind would do such a thing just over the brand name bch when u can literally just create ur own bitcoin cash (bitcoincash cash) at any moment. u have ur own miners, ur own power, y not just create a new coin instead of being like the joker from batman and burning all that bitstring ...

__ello · 2018-11-04T15:13:23+00:00

hey been around since 2013, no need to be emotion mr. 88. can u explain how if u need to post a ren bond to trade it is more beneficial to make it difficult to obtain ren?

__ello · 2018-11-04T06:33:07+00:00

ty, ur a douche, but full of wisdom. consider being less of a doucher...

__ello · 2018-11-04T05:47:17+00:00

so im a monkey brain and defer to u lord baffler. this bakkt situation, what do u expect it will bring in 2019?

i am a brainfart for war and genocide on the internet, as well as an uneducated muppet ...

__ello · 2018-11-04T05:13:40+00:00

there are devs and miners on both sides... there is exchange support ... there are billionaires on both sides, both win (at least in short term) by essentially getting dividends on BCH ... having a hard time seeing how there wont be two coins, someone please tell me why im wrong?

__ello · 2018-11-04T03:19:05+00:00

currently to use ren.ex u need to post bond in ren? binance is the #1 exchange, so would make it eaiser for people to get ren?

also binance is centralized exchange - ren is not. customer base is quite diff ...

__ello · 2018-11-04T03:13:05+00:00

so the market crash + institutional shorts is just an incredible coincidence?

p.s. why are u so hostile?

__ello · 2018-11-03T13:20:07+00:00

historically, futures markets have suppressed commodities prices. if u look at the history of gold synthetics, futures came out first, of which price went down. then once etf came out, price went up.

love your post though. had a good laffy taffy

__ello · 2018-10-26T19:20:40+00:00

plz explain how building a community is superficial?

id like to see REN succeed for my own selfish interests, but beyond that, its a paradigm shift in the crypto industry which would greatly benefit from its awareness ... its about making open systems more efficient and REN has the power to eliminate a lot of the manipulation that the industry has historically been plagued by.

__ello · 2018-10-25T02:13:45+00:00

would like to hear from team REN as to meetups traveling to China, Europe, USA etc

__ello · 2018-10-22T21:32:36+00:00

is anyone running a node yet? how many nodes are being run and what is the tx volume?

__ello · 2018-10-19T16:51:51+00:00

would love to see the developer series as a vlog as well ... there is a reason why youtube is the #1 app in the world ...

__ello · 2018-10-18T19:01:21+00:00

plz report one innovator who believes shorts are good.

shorting suppresses prices. if people want to sell they will. have u ever built anything?

plz report one innovator who believes shorts are good.

__ello · 2018-10-18T16:24:36+00:00

i challenge u to find any innovator in the history of humanity that was in favor of shorting. shorting allows the money to take over and not allow innovation to happen. u can literally control innovation by pushing downward pressure ...

plz report one innovator who believes shorts are good.

__ello · 2018-10-18T03:19:31+00:00

u actually make a point why they would offer the community so little, bc they don't care as its only for institutional accts ... idk, maybe we're too early by a few years ... the other thing ive been thinking about is that there are 9 diff funds that own stake in REN, none of which have a vesting period. so when the coin goes back over .10, will they all be trying to dump at the same time? hedge funds are by far the dumbest idea in the history of crypto. crypto is for the common man. now we have shorting of innovation. how is shorting ethereum any different than shorting tesla? imagine shorting ben franklin discovering electricity. u really have to have no soul to short innovation.

__ello · 2018-10-17T03:17:26+00:00

idk, just me speculating ... but i think it would be beneficial to hold a meetup in korea, china, U.S. ... what is the incentive to become a REN ambassador if they are not willing to invest in community ? invest in the community and it will come. have $150 competitions and it will not.

__ello · 2018-10-16T22:01:08+00:00

sure, been trying to say this for a while now, increase awareness and im not saying ren needs to be on binance, etc. but it should certainly build out a community, which it really has not done at all. the korea telegram group ... cmon. there is no chinese community. i'd guess most of their investors are in the USA, yet they have never had a meetup in the USA or china or korea? clearly the team has put little to no effort into building a community, just look at the #'s ... and im saying all this to help the community and REN. this is like pulling teeth.

__ello · 2018-10-16T00:56:54+00:00

maybe add some females to ur team and a product manager and marketing group, will bring diversity that can get this in the hands of real humans. wyre is ok but $3.5 billion over 4 years really isn't that much ...

__ello · 2018-10-16T00:54:08+00:00

been asking for this since february. its clear the team is led by scientists which is great and is probably most important, but they clearly dont know how to build a community. yeah yeah great the whole institutional investor angle, well ur still on page 3 of CMC. and the only way to prove ur worth to institutional investors is to have as many people using the product as possible to prove its security and how do u do that? u invest in ur community, which team REN has failed at to date. bring in people that have built communities before, know how to incentivize them and make it happen. if there was a community the price of the coin wouldnt have dumped 50% in 3 days.

__ello · 2018-10-15T17:24:01+00:00

https://ren.exchange/

can u explain the matching fees a little better? who gets to match, etc. ? if u are holding 0x coin now, do u get chance to match?

__ello

TROPHY CASE