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      "author": "damono",
      "permlink": "re-actionslacker-unsolicited-advice-take-your-profits-20170527t202735158z",
      "title": "",
      "body": "1. We all know something, no one knows nothing. We in crypto were smart enough to know the legacy systems suck - which is why Bitcoin is up 30,000%\n\n2. Crypto is NOT too high - all of Crypto is less than the total value of one man (Bill Gates). Crypto still has a long ways to go. Wait till all of the Stock Markets are moved to Bitcoin or Ethereum using just Exposure. Just like we use to browse the internet over phone lines, and now we make phone calls on the internet. You can even spend USD or EUR or CNY without every leaving the Blockchain. Wait till there is more FIAT being used within Blockchain than in the pockets of people.\n\n3. All the big corporations are Intermediaries of the people. Corporations do not make anything - people do. Intermediaries, Fees, Taxes, Agents, Brokers, Rent seekers, Registration, Licensing, Permits, and a million more, take all the excess money. With Smart Contracts, we can one day make those middleman industries, which suck the life out of the productive industries that you are referring to. Just wait till the fall of FIAT.\n\n4. The Crypto world is severely under valued. It's not even bigger than one man (Bill Gates) when it will be bigger than Wall Street. I'd love to hear how you think Wall Street can blow this up with the precision of a Quant Surgeon. These guys are not that smart. They win by force, but the blockchain cannot be threatened, it doesn't have a Fight or Flight Nervous system that worries about it's very existence. You can't point a gun at the blockchain and even if you did, it would not be scare.\n\nIMHO",
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      "body": "Seeeeee told you",
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      "body": "Good points all around. FOMO, ROMO (Regret On Missing Out) are all kind of spurious concerns right now. Invest in what you believe in, and hang on for the ride.",
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      "title": "",
      "body": "Nexus is doing this with their coin. They partnered with vector.",
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      "body": "<html>\n<h3><img src=\"http://www.pixalytics.com/wp-content/uploads/2014/01/6920310_ml.jpg\" width=\"1582\" height=\"1186\"/></h3>\n<p>There, I said it. 72 Billion in market capitalization. Average satellite design and construction: 290 million. Launch depending on size/weight from 50 to 400 million. Ability to access your coin anywhere on the planet... Priceless.</p>\n</html>",
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      "title": "",
      "body": "This is a very interesting thought experiment. Bitcoin's code and functionality is transparent and completely open to anyone who cares to look and has the knowledge to understand it. I wish I understood it better. The fact that Microsoft seems to be behind ETH and also the fact ETH has built in inflation makes it not as feasible to me. That and Bill Gates is evil. The fact that a cabal of Chinese miners have control over the implementation of the bitcoin network makes me doubt its future as well. But the beauty of this market is it's sheer chaotic insanity, schizophrenia, and what have you. Soon enough, the blockchain equivalent of all the transactions in the world will be able to be stored on a grain of salt. The tech will not stop. The money printing might. But fuck it. The genie is out of the bottle. Adapt or become obsolete.",
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      "title": "unsolicited advice-Take Your PROFITS!",
      "body": "<html>\n<p>Being a grizzled veteran of the crypto-currency game (3 whole years!) has taught me a few things.&nbsp;</p>\n<p>1. You know absolutely nothing! No one does. Well maybe you know there's many pump and dump scams. And many copy/pasted coins with no dev team and a slick website promising the moon with nothing but an crypto-exchange listing behind them.&nbsp;</p>\n<p>2. What goes up almost always comes back down. I really can't imagine the justification for the market caps behind some of this stuff. Think about it. $100,000,000 for a good whitepaper, a github acct with some code that works, and a bold concept with a (supposed) team of anonymous crypto-currency coders, web dev's, pr team, wtf ever else. Geez! I am not dissing anyone btw. just stating facts.</p>\n<p>3. 100 mil is the value of some giant manufacturers with millions of dollars worth machine tools, dozens of employees making 50k+ a year, and actual production contracts producing fucktons of (extensively engineered, expensive, and high &nbsp;precision) shit. How in the fuck is a website, whitepaper, and slack channel (with a handful of devs writing code) worth as much as that? Maybe you know something I don't. I know the industries this tech is threatening to disrupt are worth billions upon billions but damn man...</p>\n<p>4. Have faith, but don't buy the bullshit. I sincerely hope that this 60+ billion marketcap we've flown past is pushing things in direction of a decentralized financial and government utopia. But I am not naive enough to think that this threat to the powers that be isn't on their radar. I mean shit, it would be no big deal at all for wall st to blow this bubble up and brutally pop it with the precision of a quant surgeon. As a phenomenon, it's still only about 33% bigger than one sole traditional money transfer racket (Western Union).</p>\n</html>",
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      "body": "<html>\n<p>Some people and or corporations choose to believe that by virtue of the families they were born into and or simply by the size of their financial holdings, that they are entitled to the fruits of our labor and the wealth of our planet. This is not news to most. And let me just qualify that I am not a communist or socialist.</p>\n<p>The evidence of this is there and has been made glaringly obvious by semi-recent revelations by Wikileaks, Snowden, and to a smaller extent all the whistleblowers that came before but were unfortunate enough to be prosecuted into obscurity.&nbsp;</p>\n<p>The picture these revelations have painted is truly galling. Essentially this amounts to worldwide surveillance of everything from every photo we take to every word we speak and every financial transaction we make. Let me preface this by saying I am not a luddite and that these new methodologies and concepts can be of great and life-changing service to our daily existence.&nbsp;</p>\n<p>There is a constant push to put more internet connected microphones and cameras into our homes, cars, and lives. This is not exclusively but is definitely a means to track more and more of the data our daily activities create. This would not be alarming at all if weren't ALL being privately stored, capitalized upon, and taken at our expense, whilst being legally enable by consent forms that most never read or understand.</p>\n<p>The ability to record and store on secret databases all of our data is a hallmark of the Centralized Network Paradigm. Let's call it the CNP.</p>\n<p>The CNP will hopefully soon be obsolete. Now that the market cap of decentralized ledger network technology has reached over 50 Billion dollars, we can see the light at the end of the tunnel. Hopefully it wont be long before the centralized control of our data will be not only be completely unpopular, but also completely unprofitable.&nbsp;</p>\n<p>Governments and Corporations who choose to make and keep everything from our medical data to our voting systems in hackable honeypots of centralized databases will be replaced with secure decentralized systems which will empower anyone to control and share their own data exactly, and only as they see fit.&nbsp;</p>\n<p>In what will likely be the greatest challenge of our generation and those that follow, we will have to innovate and fight to wrest free the Golden Chalice of Monetary Creation from the centralized and corrupt systems imposed on our world for over a century. &nbsp;As a cryptocurrency enthusiast I can relate Bitcoin as a public phenomenon to the quote from the great non-violence advocate Mahatma Ghandi.</p>\n<blockquote><strong>First they ignore you, then they laugh at you, then they fight you, then you win.</strong></blockquote>\n<p>Whether or not we have won and or are winning is debatable. At a $50+ billion marketcap I believe we a are well on our way. No longer is the death of Bitcoin being paraded in front of the public in efforts to quash it's legitimacy. Nor is the effort to tie it to illicit activities as prevalent. Perhaps it is simply being ignored in an effort to get blockchain tech coopted first. we shall see...</p>\n</html>",
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      "title": "The Wild West of Crypto  IMHO",
      "body": "This most recent Altcoin dip and the resultant howls of horror from the Poloniex trollbox made me wistfully remember the days of GAWminers, and Cryptsy. Seems so long ago now. \n![cryptsy.png](https://steemitimages.com/DQmdE6FVr9JhyoUcN7X88vbc5nNh7sfufzHGhfja73EZJL1/cryptsy.png)\n\n![images.jpeg](https://steemitimages.com/DQmXXvK7K3jZzNmK4szvchF86jev7QHp1tNEZrGRr6mEmui/images.jpeg)\nI'm sure looking back from the future on these teething pains of this nascent technology will trigger the sense memory of both dread and horror interspersed with fleeting moments of elation and triumph.\n\nThe important thing is that not only are we participating but that we believe and know that the future will be more just and fair in the future thanks to our efforts. If and when BTC explodes or collapses, then explodes again, just stay strong, and keep your wits about you. Nothing is guaranteed in this life.  And in many ways Crypto is just a microcosm of life in general.",
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