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RE: Analysis:Ethereum, LTC, NEO, NEM, Lumens, EOS

in #analysis7 years ago

This is a no-brainer. ASIA. Rents and salaries at 5-10% of what it cost in New york. Where should you mine your coins? Same level of knowledge. Rent a space of 1000 sqm is around 1500 dollar a month, normal salary at 400-500 dollar a month. Online business, make it where it is cheapest. Them in New york will be out of business within a year.

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Maybe they should enage New York Securities Pty Ltd in Perth Western Australia (Formerly Zurich Securities until after the court case). They may be able to provide assistance with raising funds, debt equity swaps and avoiding wasting money on external vendors. May also provide tips on how to be successful(for private) and utterly unsuccesful ( for multiple public ).

I'd say, some governments... some institutions, some people, but overall it's all about the mighty Dollar :-D
Bitcoin is basically... nothing!! :-(
Something that has nothing material as back up and relies on people's perceptions. As seen so far, from $20k to $6000 on one month... ?!?!?
I'm sure some people got rich at other people's expanse, but where and at what point will BTC produce money other than speculation?
What's sustaining the growth???
To many questions to few answers for the reasons of cutting off the bank and fees... BS, sorry