This ETH genesis wallet put in 1,374 ETH staggered over 9 hours into Holo ICO (possibly to avoid public detection) etherscan.io/address/0xa9588ed3dc5b72f7d217a246fb4b0aa8918967d9 The only other contribution to an ICO from that address was to Polkadot & Tezos ICO
At this point it's pretty clear that blockchain is never gonna work for dApps at least, probably not even for just currency usage. It just doesn't scale. It's not even close. The tx/s will never scale and maybe even more ridiculous is the size of the blockchain on a drive. Just imagine the size of the ETH chain in like 10 years from now. It's ridiculous. Holochain MIGHT work but we'll see. I'm basically all in at this point.
Austin Hall
>what is LN >what is plasma kys op. nobody will use this centralized pos with zero security.
also blockchain doesnt have to scale to be the most secure and biggest network on mother earth as a deflationary store of value and hedge against ponzi fiat
>dapps this been a meme since the start. nobody gives a shit
anything but btc and monero is useless. even eth with plasma isnt a buy over them.
Gavin Rivera
>imagine investing into inbred libtard boomers my sides.
Gabriel Young
>doesn't realize all btc holders are old boomers
Connor Roberts
I'd say the currency usage is even more a meme than dapps. Why would anyone use crypto as a currency? You're going to have to convert it to dollars at some point anyway so why bother with it at all? Really think about it. It literally makes no sense at all. The only use case for bitcoin is the ponzi "store of value" use case but even that is pretty shit when it can just casually lose 80% of it's value in a year. What kind of a shitty store of value is that? Might be nice for trading but as a store of value it's really bad. Monero I agree might have uses like hiding your wealth. If we're actually honest the privacy coins are literally the only ones that have an actual use case right now but they're also the ones that governments are most likely to ban. No one gives a shit how big your bitcoin bag is it's still useless mostly just useless garbage at this point.
Ethan Bailey
You realize that's only been a meme because ETH and the other dapp platforms have been steaming, unscalable pieces of shit, right? There's a huge market for dapps on the development side of things. If only something with an efficient consensus algorithm (or multiple algorithms for different purposes) could actually make them practical and scaleable...
Blake Cook
>Why would anyone use crypto as a currency? nobody, besides black market / monero
>why btc >crashed 80% n-nice store of value okay user, first of all its a new asset class. 10 years aint shit. its the biggest invention since internet. of course it will be volatile, houses crashed +50% a decade ago and they are considered safest store of value. thats no argument.
its a new asset class with a tiny fixed supply and gov are cracking down on tax heavens. btc is a personal swiss bank account, lol if you think it has no value. >what is offshore billions and with 2nd layer options it will be as user as monero soon without the tail emission.
Yes. Investing in Apple, Google, Facebook, or basically every successful tech companies in their start up days, when you could get them for a 10,000th of their current value would have been hilarious.
Camden Gray
>unscalable pieces of shit so you are betting on eth not delivering on sharding/plasma whatever? holo is your hedge?
thats fine. good luck.
Wyatt Thomas
>stocks are crypto okay user
Ayden Thompson
But government bans on crypto are going to be supremely ineffective, since they have a hard enough time tracking it in the first place and crypto exists in a global marketplace. BTC is a shitty store of value, but for international transactions, gray/black market transactions, and companies with shit governments and out of control inflation, it makes sense. As long as people will accept crypto as a means of exchange, it will work. HOT/Holofuel is actually backed by the power of the computing network it will work on, effectively making it a better ETH.
Brody Nelson
>houses crashed +50% a decade ago
Again, you're obviously biased. I can tell you're holding a heavy bag of bitcoin. Just HODLing bitcoin as a store of value is fucking retarded. Bitcoin has crashed like 5 times in a decade where as the housing market once. Your argument is shit. You probably got in early so you think you are still "in the green" but it doesn't matter how early you got in you still should've sold it all last year and bought it back lower. Trading is literally the only thing that makes sense atm.
Chase Gray
>bitcoin crashed like 5 times How many times has the U.S. economy boomed and busted since we have had some form of central banking. Pro tip: A LOT
Dominic Wright
>How many times has the U.S. economy boomed and busted since we have had some form of central banking.
In the last decade? Not that many times I think.
Angel King
-new architecture that gets us beyond blockchain tech's serious (maybe permanent) limitations. HOLO isnt "Blockchain 2.0" or 3.0 or 4.0. It's beyond blockchain. It's better than the whole blockchain mess.
its still a new asset class and i stand by my argument, yes it will be volatile
>hodl no i agree with you, sell the euphoria, buy the depression. obviously cant time the market 100% but still a thousand times better than hodling. dca & taking profits are your friend.
This post almost made me invest. Almost. Then I remembered the feet.
Austin Reyes
I'm with xer.
Asher James
read up on the roadmap for eth sharding, best case scenario is 2020, meanwhile holochain alread performs better and the mainnet is coming in the next couple of months.
Adam Price
holochain is worthless.. because it is centralized............... people will jsut use amazon cloud......................................... decentralized blockchain is the future..... ignore holo threads... lenecium are shilling it for 4k a month
Christopher Robinson
Shit, it's true but it's old news. This wallet directly connected to genesis adress holds +$1M in HOT. Wtf? Is Vitalik investing in HOT?
What is it about this comment that makes me 100% sure it's a paid shill
Chase Lopez
holochain and chainlink are two of the crypot's being shilled by pajeets from lenicium marketing company... look at how the posts and comments have the same autistic style