Good Morning Crypto! Today we are discussing Ethereum Civil War, Most ICOs Failed, Bank of America. Hope you enjoy guys! Get your coffee and breakfast ready.
ETHEREUM WAR:
https://www.coindesk.com/high-stakes-ethereums-fight-lost-funds-explained/
https://github.com/ethereum/EIPs/pull/894
https://github.com/ethereum/EIPs/pull/867
https://www.coindesk.com/ethereum-governance-not-bad-says-buterin-amid-fund-debate/
BANK OF AMERICA:
https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/
ICOs FAIL:
https://news.bitcoin.com/46-last-years-icos-failed-already/
https://www.tokendata.io/#
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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.
Ivan on Tech by Ivan Liljeqvist
Wow almost 50% of the ICOs have failed already. I think most of the ICOs will fail just because ethereum isn't ready to run full businesses yet. We need scale-able cheap and fast processing coin. NEO seems to be a better candidate for it compared to ETH.
The prospect of being able to stop thefts by being able to roll back the ledger may sound like a positive move but I think that it is open to all kinds of abuse and is very difficult to implement technically. I think that improving governance by improving for example better password recovery is a higher priority.
Hey @ivanli. So enlightening to listen to you sir. Thanks for giving us such useful information.
like to read your post always @ivanli
@ivanli Another great video by ivanli, im trying to just stick to btc at the moment. I never do a Ico thats just asking for trouble, I like to keep my money and all banks are a ripoff I never liked any bank, what is the point of a bank anyways just save your own money you dont need them to do it for you. Lets go crypto!!
So you would keep a million dollars cash in your home instead of in a bank? I'm pretty sure a bank can do a better job of protecting that for you. To say banks are 100% bad is a foolish comment.
Yes I would keep 1 million in cash in my home why because a bank has 1 security guard with one hand gun I have me and my family and a lot of assault rifles and handguns. So I think I'll do a better job of keeping it safe. Banks are only there to keep you in debt and use your money thats it.
Do you have a vault? Can your family handle 12 armed intruders?
I have a nice vault, and my family are Marines by the way. Can a bank stop 12 armed intruders with 1 security quard that has no real training. My body works for Dunbar and he even said the guards are a waste.
A bank doesn't have to stop 12 armed intruders. They just let them have the money and insurance covers the loss. Your money is still there.
12 armed intruders come into your home, you may save your money, but you or your family are also likely to get killed.
Thats fine I'll die for my money instead of the bank using it and giving me 1%a year back in interest. I live in the hood I'm not scared been here my whole life. True story I had a savings account with a few thousand in it in a bank called irwin bank and lost it all the failed bankruptcy close up shop and left town and I never got my money back that was 12 years ago so wheres my money they owe me I been fighting it for years now.
XRP, Ripple’s cryptocurrency, has just enjoyed a ‘quarter for the ages’ which saw its value shoot up from the price of $0.20 at the beginning of December 2017 to a high of $2.19 in this year...
Thanks for the update Ivan.
amazing post sir... 😍you teach me lot.... 😊thanks sharing...👍
As always waiting for your crypto lessons .I have learn a lot from your crypto Analysis...Ethereum has been in news. Better Blockchain after all...thanx for the exciting lesson again ..people from india too :) . Yaya green progress:)
I use have that bank BoA (: when we were going thru the mortgage crisis 10 years ago...i started disliking this bank because they started taking money out my account without permision to pay for some card debt that was few days past due...i took all my money out of there and stop using them for good and happy about it :)))
well sir @ivanli i am learining much more from you as you got soo much information and the info about ethrum in todays post i amazing!
grea insights of the situation. well explained ! I think both these coins will live on for pretty much ever and only 1 will have significant market share.
@ivanli Do you shave everyday or are you naturally baby-faced?
Very informative, keep sharing such stuff, and I appreciate your work, you keep us upto date about krypto, bitcon, ripple and much more, thank you
Thanks for the fantastic links..
Its exciting stuff Ivan.. little bit of rise in market .Its heartening..Hope this rises again and goes above 11k again..fingers crossed
ICO fail rate is quite shocking, but to be expected.
Yeah you done great and well wrote
It is awsome information related with cryptos currencies, especially for ethereum and any other related with ethereum. Good job.
One doesnt need to incur very many costs while using bitcoin unlike the banks that charge highly for transfers
Thanks for your videos Ivan! You're doing more than excellent work for the betterment of entire crypto community.
It's actually surprising that the failure rate is 46% for ICOs given that even Vitalik seems to think that 90% ICOs are headed towards failure. And I say that as an investor in some of the ICOs.
More surprising that this rate of failure is actually less than the startup failures! Dare I say it's actually encouraging. I do believe in fail early - fail often. Maybe this is the painful process through which investors will learn to invest better, ICOs being scams or not.
I follow a practice of only investing from my altcoin profits into ICOs. And I choose them to the maximum care possible to reduce my chances of any real losses.
It's important to keep in mind that right now getting into cryptocurrency itself is much like venture investing, let alone ICOs. So it's not without reason that the often repeated piece of advice: Only invest what you're willing to lose. And remember to take out profits. There's nothing wrong in protective measures. We owe it to ourselves to learn to differentiate between gambling and investing.
Bitcoin is a remarkable achievement in the field of cryptography, and its ability to create something that can not be duplicated (faked) in the digital world is of great importance.
Hey @ivanli u nailed the show waiting for next videos
Hi. I liked your post, keep it up. I wish you good luck and have a good day, and of course you can also get a big jackpot :)
a very good post and benefit in a positive step prevented the prospect of theft by turning the ledger @ivanli
Thanks for sharing such an imformative post on my first day at your post and you have a new followers @ivanli
i do not know about btc and cryptocurrency.
thanks to me following your post ,, I have started to understand.
thanks for your post.
this is very useful for me.