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@jrcornel
81
Where cryptocurrency and finance meet
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Location
Down by the River
Website
https://leofinance.io/@jrcornel
Created
2016-07-26 19:12
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jrcornel
LeoFinance
6y
RE: HIVE surging and there's good reason to believe the gains are going to hold
Yea I think before this cycle is all said and done HIVE will get as high as a couple dollars.
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jrcornel
LeoFinance
6y
RE: Another chart indicating Bitcoin may peak north of $200k this year....
Agreed. The amount of money needed to push the price that high that fast is pretty staggering...
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jrcornel
LeoFinance
6y
RE: Another chart indicating Bitcoin may peak north of $200k this year....
Yes, there is that as well... I actually think this bull market may peak sooner than people think. The bull market in 2013 peaked 12 months post halving, and the one in 2017 peaked 17 months post halving.
jrcornel
LeoFinance
6y
RE: Another chart indicating Bitcoin may peak north of $200k this year....
Yep, exactly. The tough part is knowing when that peak will be. There are models predicting $100k, all the way up to $400k. If you sell it all at $100k and it goes to $400k, that is a pretty tough pill
jrcornel
LeoFinance
6y
RE: Another chart indicating Bitcoin may peak north of $200k this year....
Yea that is always the difficult part, knowing when to sell. Sellers remorse is no fun, and it might even be worse than hodling through the dips. I think 10 years from now it will be higher than wherever
jrcornel
LeoFinance
6y
RE: Bitcoin becomes a Trillion Dollar Asset at a price of $53,680
Haha, yep, that would probably do it!
jrcornel
LeoFinance
6y
RE: Not owning Bitcoin is akin to being short Bitcoin
Yea there is no guarantee it plays out like this but if it keeps doing what it's always done, those not holding are effectively betting against it.
jrcornel
HODL
6y
RE: Zero HIVE
I'd prefer if they keep not paying attention to it in the near term... :)
jrcornel
HODL
6y
RE: Zero HIVE
I'd like to see it drop back to $.02 or lower, but that's because I'd like to get some buy orders filled while everything else is flying. :)
jrcornel
LeoFinance
6y
RE: No, Bitcoin Mining isn't going to destroy the Planet...
Yep exactly. Well put! We need to make sure enough people know and understand this so that when this become the narrative being pushed by the powers that be there is a strong rebuttal.
jrcornel
LeoFinance
6y
RE: Where might the price of HIVE be heading from here?
There's $1.5 million in the pool currently. Not a ton of volume ($4.2k today), but if someone wants to buy or sell without moving the price much, there is plenty of liquidity there for that.
jrcornel
LeoFinance
6y
RE: Where might the price of HIVE be heading from here?
Ha yea it's hard to keep track of it all sometimes. And yea it must be powered down first, then wrapped into wLEO and sent to Uni. Once there it can be sold for ETH. I think LEO is going to be a great
jrcornel
LeoFinance
6y
RE: Where might the price of HIVE be heading from here?
I see. Keep in mind that the majority of the volume and liquidity is actually in the Uniswap wLEO Pool which goes through ETH... That being said, if someone sells LEO on Hive-Engine they would also be
jrcornel
LeoFinance
6y
RE: Powerup Dominance & Inflation Control
Party in the bull, worry about the bear tomorrow. :) In all seriousness though, that's probably not the problem. Many of the projects that went up a ton in 2017 eventually went down by over 90%, projects
jrcornel
LeoFinance
6y
RE: Powerup Dominance & Inflation Control
HIVE being listed on so many external Exchanges (compared to LEO) might also make the price easier to pump during these altcoin seasons... which is sort of what we are seeing right now.
jrcornel
LeoFinance
6y
RE: Where might the price of HIVE be heading from here?
If we use that supply logic to get a peak price, we would expect a price 50% lower (to get the same market cap), which would be in the $4-$5 range. I should look at the amount sitting on Exchanges now
jrcornel
Hive Improvement
6y
RE: The status of Hive communication - Let's improve it!
Yep exactly. Right now money is just doled out with little to no accountability. Given the amount of money in there now that thing needs a major overhaul to prevent it from being abused and diluting everyone
jrcornel
LeoFinance
6y
RE: Andrew Yang says he wants to turn NYC into major Bitcoin Hub if elected Mayor!
He's got some very interesting and progressive ideas. I'd love to see him in there simply because he's one of the few fans of bitcoin/crypto we'd have in politics.
jrcornel
LeoFinance
6y
RE: JPMorgan's own Employees are now asking when JPM will get into Bitcoin...
I think they have realized these things are here to stay. The doubted at first, now it's proven it's not going anywhere, time to get involved!
jrcornel
LeoFinance
6y
RE: JPMorgan's own Employees are now asking when JPM will get into Bitcoin...
Yea I did see that, but I think they launched that a while back didn't they? It was for internal transfers I believe?
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