TSXV:CYX.H - Post by User
Comment by
Sidesh0won Dec 12, 2017 7:21pm
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Post# 27142710
RE:Todays Action
RE:Todays ActionBLOC (14%) and HIVE (24.6%) were up too, and maybe the market is adding value because more people are accepting it. The futures market is probably getting priced in. John McAfee has been saying that bitcoin will go to 500k, and that the rise in Bitcoin is equal to deflation in fiat. Think about that for a second. Because you must expend over $1000 in electricity (proof of work) to create a coin and there is a finite supply, it should not drop to zero like a fiat currency that prints $100 Trillion dollar bills to wipe your butt with. It is a store of value, and so as Calyx mines these coins they are proving work and adding real value that is taking value away from fiat. Future exchanges will provide funds in digital currencies instead of cash. Everything is about to change very quickly. Roger's had vision, and hopped all over the opportunity. Brilliant!