Member Info for ragnarr

Cant help but add my penneth worth here as this obsession over who owns what is a tad woeful, surely everyone is grown up enough to make their own decisions regardless of who buys, who sells or who posts what. Everyone has their own agenda (and that includes me) so as Gazzleberry has often stated - never trust a grownup :-))

Beginning of crypto bull run - seat belts on 😎

Duke - apologies for not replying earlier - im only looking in every so often at the moment as main focus is elsewhere. still holding though

In a nutshell listing on Polkadex is definitely another step in the right direction as Polkadex is a Decentralised exchange it exposes PEN to permissionless swaps ie more experienced crypto holders. Polkadex is in itself quite a new DEX and a fellow parachain on Polkadot ecosystem but they do also have a bridge to Ethereum so all in all more exposure and generally good hews.

Gazzleberry - another kick in the balls for the SEC against Ripple. Gensler and the SEC have waged war on crypto for the last year or so and ate now pretty well loosing every case. The uncertainty has clearly had an effect on the markets but its looking like confidence is returning. Gensler is in trouble imo - are you still in XRP ?

Extract from chainalysis 2023 Geography of Cryptocurrency Report worth a read for those actually interested how the crypto space is developing.

Although crypto adoption in CNWE is still in its early stages, many industry leaders are excited about what’s to come. Perillo stated that the potential for innovations — especially in areas like smart contracts, NFTs, and DeFi — is immense. “It will be interesting to see how traditional financial institutions, tech startups, and regulators navigate through the challenges and opportunities presented by the crypto space.”

https://www.chainalysis.com/blog/western-europe-cryptocurrency-adoption/?mkt_tok=NTAzLUZBUC0wNzQAAAGO5BrsY1raVj5lD5VhYf23J9rlZg6Zxl1u4Ct3ay5zTyEaEI6KXfRZgYbrH-T6YEg0T_pn2J9_c4XP1ovipIL1srJjlWZKzcDMw5PmO_iO3yeD

Half an hour ago fake news about a spot bitcoin ETC approval did the rounds and BTC jumped nearly 10 percent in five minutes (since dropped back as fake news was realised) - but gives a glimpse of what will happen on confirmed approval

This has to be positive news for Dynasty

https://www.bbc.co.uk/news/business-67080391

Plutuq - if (big if) our pony is to turn into a unicorn it will coincide with the next crypto bull run -

best guess 2024/25

Its generally considered that the approval of BTC ETFs by the SEC could/will be the trigger for the much anticipated crypto bull run as it opens up trillions USD of potential BTC investment - BlackRock, Fidelity, Invesco, Bitwise, VanEck, WisdomTree and Valkyrie have all filed and the final deadlines for these proposed funds are in mid-March. Also expect to see Ethereum ETF applications to follow as well.

Its looking very positive.

https://www.forbes.com/sites/digital-assets/2023/10/05/blackrock-insider-primes-crypto-for-a-huge-177-wall-street-earthquake-that-could-hit-the-price-of-bitcoin-ethereum-and-xrp/?sh=1968910a718c

Quite a nice little thread on twitter putting the aim into simple terms

https://x.com/cryptogirlnova/status/1707459236777886102?s=61&t=2ur-eRbTBqTYkt6NRu8uZA

Coinbase are on the crypto push.

https://www.americalovescrypto.org/

Slug - The Quantum computing debate is a very interesting one. As it develops it certainly could have the capability to break the current crypto algorithms. Its quite scary the rate technology is progressing and where it will all end up.

But it is some years off , almost certainly not this decade before the technology will be powerful enough. Rom what I have read it would take a 1500 qubit computer to have the power to hack the private/public key algorithm and probably 10,000 qubits to break Bitcoin completely. Googles current quantum level is 70 and its estimated we should be at about 2300 qubit sometime in the 2030s.

The next Crypto bull run will be 2024/25 where I do expect BTC to reach in excess of 100,000 usd and many alts reaching multiples of todays prices (just my view folks - no advice intended) so as long as profits are taken over the next few years Quantum is not an immediate concern.

Something to consider

https://www.newsbtc.com/bitcoin-news/bitcoin-price-to-reach-170000-in-2025-mathematical-model-predicts/

Sorry - reply to slug - not Duke 😬

Not sure what you are expecting from satoshipay - as I have said on several occasions Pendulum/Spacewalk/Nabla is completely dependent on Defi/crypto bull market for financial progress - 2024/25 imo so from a personal point of view I sincerely hope Tony delays any valuations until then

Related industry info both gaming and crypto.

https://www.ccn.com/news/microsoft-crypto-wallets-xbox-boom-crypto-gaming/

https://uk.sports.yahoo.com/news/microsofts-msft-activision-deal-moves-170200060.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAHtaMcXwOMPb-xb7Zx18iC5K3ggrUOv1kuOswQ9jhThKJKW5SUZG9Mm3dWOl6GksZeRMHsGvLFd7gQJJYy3_PAtwJBFAoKhjt3s4cHwHvIjjTN0mVknWLHLUTipzqYIyvlZsGG9Q--NDcYNHBzh8NU2umnNZcwUZFwyanawcD6XD

Momoni - Im not in the business of giving advice or making predictions - just because I hold and believe in the future potential here doesn't mean I’m right - all I can say is dont invest anything you cannot afford to loose.

Gaz - sounds like she was a top human being.

Just had another thought though - as you are now a grown up you shouldnt trust yourself either :-)

Gaz - the only problem with that philosophy is that unfortunately your dear granny was a grown up.

😬

Slug - and to completely ruin your week Meinhard turned up at the Polkadot Sub zero conference 🤣🤣

Slug - its good to talk :)

Blu - I agree re Nabla with a focus on tokenised RWAs it has huge potential - Boston consulting Group recently produced a report on asset tokenisation stating that Tokenisation of Global illiquid assets is estimated to be a USD 16 Trillion business by 2030.

Here’s a link to the report if you ate interested.

https://web-assets.bcg.com/1e/a2/5b5f2b7e42dfad2cb3113a291222/on-chain-asset-tokenization.pdf