2. Michael Saylor, chief executive officer of business intelligence firm, MicroStrategy (MSTR). Michael Saylor. Bitcoin tops out around 7 transactions per second, with the only L2 solution being Lightning which comes with severe usability and security compromises. Ethereum can operate as an entire financial system. Michael Saylor: Why I Will Never Invest In Ethereum (Ethereum News 2021) n this interview, Michael Saylor talks about ethereum 2.0, altcoins, and why he … Any Bitcoin on Ethereum will have to be held by a trusted custodian, unless Bitcoin hardforks to start reading the Ethereum chain, which they won't. Before we even start, let’s check Saylor’s credentials. SHARES. MicroStrategy does not offer crypto services, but it buys and holds the flagship cryptocurrency as its treasury reserve asset. Selbstverständlich, würde MicroStrategy-CEO Michael Saylor antworten, denn: Der Bitcoin-Bulle hält BTC für das beste Investment aller Zeiten. Ethereum with zkrollups has no such compromises, can do a couple thousand tps today and 20k to 100k with phase 1.5. So most know there is and will be more chance for explosive gains with other cryptocurrencies but considering a low risk investment in cryptocurrency Bitcoin is what most big fish like him and others pick followed by Ethereum (which is also held by funds) and some others. Michael Saylor gives his May 2021 Ethereum price prediction update and opinion on: Ethereum, ETH and Ethereum 2.0. Sell your gold, buy Bitcoin because other people are going to sell their gold and if you wait until you’ve been front-run by all the hedge funds when they dump their gold, you’re going to be the last person out. Michael Saylor: Why I Will Never Invest In Ethereum (Ethereum News 2021) n this interview, Michael Saylor talks about ethereum 2.0, altcoins, and why he believes bitcoin is still the best safe haven while acknowledging the ethereum has its credit. Michael Saylor gives his May 2021 Ethereum price prediction update and opinion on: Ethereum, ETH and Ethereum 2.0. Raoul Pal predicted a potential $20,000 dollar ethereum … Once Ethereum is vastly more scalable and has lower issuance, on top of all the advantages it has already, we could easily see a scenario where BTC just collapses. Ethereum - This Is What I Think About Eth - Michael SaylorThanks For Watching Our Video Please, like, comment, subscribe, and ring the bell! This is the opposite of free market.'”. Discover the latest breaking news and updates of Ethereum (ETH) coin. It is not magically burned to propel a fictitious machine that runs the network... the computers that run the Ethereum network run under the same physical principles from the ones of Bitcoin - they consume energy and someone has to pay for it. Ethereum serves as a native monetary asset with sound properties. The CEO said that Bitcoin could hit $5 million sometime in the future. 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The integration with digital assets is done natively in one network. Note: All comments in ... Firo – Similar to Monero, but will have more functionality like Ethereum. Michael Saylor then compares Bitcoin to Eth and gives his Ethereum Price Prediction! MicroStrategy CEO and bitcoin evangelist Michael Saylor said this is the "year of institutional investment" in cryptocurrencies. In an interview on Morning Invest, Saylor, whose company now owns 91,579 Bitcoin, says that the hype surrounding the meme crypto asset and other speculative investing strategies is likely fueled by an utter lack of confidence in traditional … If the staking rewards provide ~3% annual returns and issuance is ~2% then the equivalent issuance for a PoW protocol would be ~-1% (this will never happen in the Bitcoin protocol). Ripple and XRP • Altcoins • In a new interview on the Unchained Podcast, the head of the publicly-traded business intelligence giant says traders are so concerned about Bitcoin’s technicals that they fail to see one fundamental issue. Raoul Pal and Michael Saylor give their Ethereum predictions and tell us how to weight your portfolio towards, Bitcoin, Ethereum, and other cryptocurrencies. There are a gazillion more use cases for Ethereum that would benefit from having a natively defined monetary asset. MicroStrategy chief executive Michael Saylor says Bitcoin has the potential to rise by a factor of 1,000. So, it should be treated like an investment due to its heavy volatility pricewise. Feds: Nigerian scammer arrested in … It is one thing for him to make the case to his board that the treasury should be in BTC, to push it further and start moving into the speculation realm is a tough ask. Michael Saylor says Bitcoin is a powerful technology in this era. HSBC serves 40 million clients globally. There's not much actually propping up BTC value, other than momentum. You also can't blame Michael for putting his treasury reserves into BTC over ETH. The idea that Ether is more akin to oil than gold/money just because the price metric for computations is called "gas" falls apart under scrutiny. “I can see bitcoin going to a million. So they can coexist, but they are still competing with each other in terms of building value. Michael Saylor Ethereum Price Prediction: Michael Saylor on Future of ETH and Ethereum Crash (2021) March 12, 2021 admin Bitcoin For Beginners 45. MicroStrategy CEO Michael Saylor on his expectations for bitcoin’s trajectory. Bitcoin evangelist Michael Saylor is doubling down on the cryptocurrency despite its recent plunge. 1. “All of these companies may be on the chopping block because they hold BTC. Watch this video until the end so you dont miss any crypto news! Every investor who is getting into cryptocurrencies should be asking what assets to buy and why. Money should be considered something with less volatile characteristics and if you're a sound money proponent then you should look for something more fungible than Ethereum as well because it currently also lacks fungibility and privacy. Tokenized bitcoins would not only significantly reduce security (value would be lost if EITHER network is compromised) it also makes little sense if Ethereum's soundness (staking - issuance) is superior to Bitcoin. Ethereum price prediction Ethereum, ETH and Ethereum 2.0. – Michael Saylor (Ethereum Information 2021) On this interview, Michael Saylor talks about ethereum 2.0, altcoins, and why he believes bitcoin continues to be the very best protected haven whereas acknowledging the ethereum has its credit score. Crypto Livewire, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Raoul does have a pretty significant ETH position. In a new interview on the What Bitcoin Did podcast, Michael Saylor says investors in crypto assets like Ethereum and XRP should support Bitcoin instead of viewing the crypto market as a battlefield. By the same token, ETH-backed stablecoins are better money than either. British investment banking giant HSBC now prohibits its customers from buying shares of Michael Saylor’s business intelligence firm MicroStrategy (MSTR). New comments cannot be posted and votes cannot be cast, Next-generation platform for decentralised applications. Mr. Saylor explained that he bought the Bitcoins at an average entry price of $9,882 He declared his holdings to MicroStrategy before it bought its stash of 38,250 BTC The company is reportedly preparing to buy more Bitcoin The CEO of MicroStrategy, Michael Saylor, has revealed via Twitter, the amount of Bitcoin (BTC) that he owns. Michael Saylor, the chief executive of business intelligence firm MicroStrategy, is continuing with his bullish approach to cryptocurrencies, even despite the market downturn. “While we will permit the holdings of MSTR-US to be held and/or sold/transfer-out in your HSBC Invest Direct account, new purchases or transfers-in will not be allowed.”. Michael Saylor is right. I understand your passion but you gotta understand that Pal is an investor and his reasoning for Bitcoin is actually simpler than that. The CEO of Microstrategy, Michael Saylor, has announced via Twitter that the entities he controls now hold 111k Bitcoin and have not sold a single Satoshi. Even though ETH is less inflationary than gold, and far less than any fiat money, it's still inflationary, unlike Bitcoin. “The entire crypto community spends a lot of time talking about altcoins versus Bitcoin and bickering between those two. British investment banking giant HSBC now prohibits its customers from buying shares of Michael Saylor’s business intelligence firm MicroStrategy (MSTR). Idk where you're getting your info on Pal's ETH position, but it's incorrect. That means that even if the nominal issuance remained higher than Bitcoin, it could still a better investment when you account for the staking returns. Allocating capital in Bitcoin but not in Ethereum is a bet that the planned road-map for Ethereum will not be successfully implemented and/or its economic properties will not function as designed once the final phase of ETH 2.0 … It just so happens that the monetary rewards and cost of transactions operating the Ethereum network are done exclusively in Ether, and therefore it serves as a monetary base. Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin • Ethereum • Trading • BTC also has a dominant market cap and less speculative/developmental near future. Michael Saylor is right. MicroStrategy founder Michael Saylor has ignited a big debate just by mentioning Bitcoin and Ethereum in the same sentence. Sollte man jetzt noch Bitcoin kaufen – nachdem er binnen 12 Monaten von unter 5.000 Dollar auf über 50.000 Dollar gestiegen ist? I'm often censored these days, but you can help free speech by sharing my body language videos. Saying that Ether is not money is like saying the sky isn't blue. By joining The Daily Hodl news list you agree to our Terms and Conditions and Privacy Policy. In a recent interview, the Bitcoin bull explained that developments in the market show Bitcoin’s increasing attraction to investors and that things will only get better from here. March 16, 2021. In a tweet on Sept. 20, Saylor noted the difference between crypto-asset networks (ie.Bitcoin) and crypto-application networks (ie.Ethereum). Even if I hold more value in altcoins (about 70% with the only purpose to increase my BTC bags every cycle), I think Bitcoin is the only real money. In this video, Michael Saylor in an interview explains his Ethereum valuation and if he holds ETH, what his thoughts are on other cryptocurrency coins is and what he thinks of the future of Ethereum. Pal said that ETH will probably flip on BTC in terms of price in the next decade. Regarding the Bitcoin vs Ethereum narrative. Raoul Pal and Michael Saylor are extremely interesting to analyse their thoughts as they both really spearheaded the institutional cryptocurrency wave we are now seeing. The reduction in operational cost is a huge factor contributing to a sustainable monetary policy. Saylor wird entweder als Genie oder epischer Verlierer in die Geschichte eingehen – je nach dem, wie Bitcoin sich entwickelt. BTC is the most secure network, ETH can simply be used as a Layer 2 for BTC and BTC itself never has to reach VISA scale tps to be successful. So basically, the same reason why you think Ethereum is a good investment opportunity due to its potential for explosive growth is what makes it a bad form of money ironically. btw Michael has previously stated he appreciates the innovation of ETH, but BTC is the clear safer option here for his use case. RECOMMENDED READ: What you need to know about Ethereum's odds of reaching $2600 once more. Twitter user Camiam shares a letter from HSBC InvestDirect (HIDC) informing him that the bank is changing its policy on virtual assets, including Bitcoin and Ethereum. View Real-time price charts and historical ETH Line chart data. In this video, Michael Saylor in an interview explains his Ethereum valuation and if he holds ETH, what his thoughts are on other cryptocurrency coins is and what he thinks of the future of Ethereum. In addition, Ether has been used as the monetary base for the acquisition of other digital assets during their ICO phase. They maybe naked short… pic.twitter.com/GWSpt5t9eH. In this video, Michael Saylor in an interview explains his Ethereum valuation and if he holds ETH, what his thoughts are on other cryptocurrency coins is and what he thinks of the future of Ethereum. Allocating capital in Bitcoin but not in Ethereum is a bet that the planned road-map for Ethereum will not be successfully implemented and/or its economic properties will not function as designed once the final phase of ETH 2.0 goes live. The switch from PoW to PoS will dramatically reduce the operational cost of the network while incentivizing ownership of Ether. Think of a global market for stocks, commodities, future contracts and derivatives. Bitcoin evangelist Michael Saylor is doubling down on the cryptocurrency despite its recent plunge. As for the claim that Ether is money, well, it's not. Also given Ethereums history, another EIP in future could change the monetary policy for all we know. The ability to issue other forms of digital assets and execute computer logic in a trustless unified system with a natively defined monetary asset encompasses all the fundamental building blocks of a future digital economy. There is another term called stock neutralization if I'm not mistaken where you don't get too much exposure to what one particular stock is doing but you get exposed to the entire sector, so this is desirable for investors depending on their strategy. Raoul Pal and Michael Saylor's Bitcoin vs Ethereum analysis is deeply flawed... here is why. The reality is that Ethereum is much better suited for a digital economy - Ether is its native monetary asset. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Ethereum is a great technology and investment opportunity but you cannot deny the heavy correlation it has with Bitcoin so in investment terms he just wants the safest bet, it's similar to invest in tech through a tech index or basket of stocks instead of just focusing on Tesla. Press question mark to learn the rest of the keyboard shortcuts. Addressing the claim that Ether is not money. - Michael Saylor (Ethereum Information 2021) On this interview, Michael Saylor talks about ethereum Michael Saylor of Microstrategy: ‘Ethereum is a unicorn’ Altcoins can perform better in dollar value, but they are not "real money" because they … Regarding the Bitcoin vs Ethereum narrative Allocating capital in Bitcoin but not in Ethereum is a bet that the planned road-map for Ethereum will not be successfully implemented and/or its economic properties will not function as designed once the final phase of ETH 2.0 goes live. The combination of PoS, sharding and EIP-1559 will allow for a monetary policy that can sustain the system with zero, possibly negative, issuance. It is very likely going to allow for sustainable zero issuance which is something that is still up in the air for Bitcoin. Will I Make investments In Ethereum? Yes, I know what we all know about miners distribution and energy spending. Charles Norfleet/Getty Images. It sure does not sound like it is! At press time, the Bitcoin price is $64,480. Michael Saylor of Microstrategy in January 2021: 'Ethereum … Saylor wrote: “When considering … Check out what he said in an interview with FamilyOffice. Michael Saylor Keeps It Real (Ethereum News 2021) Michael Saylor talks Bitcoin and Ethereum and gives his honest opinion on how he feels about Ethereum! … They wont allow us to buy @MicroStrategy . … If ETH isn't money for that reason, then neither is BTC. Cheers! Ethereum price prediction Ethereum, ETH and Ethereum 2.0. No real privacy though.. 4. According to his site Bitcoin (as a proxy for all the cryptocurrency ecosystem there is more about this in their premium package on their site) and Gold are going to be the biggest winners in the years to come. But he doesn't see ETH as useless, and I'm sure he'll start gobbling up ETH/ETH2 when he actually looks at the use case in depth like Pal did, and sees it being used as more than just gas for defi. Twitter user Camiam shares a letter from HSBC InvestDirect (HIDC) informing him that the bank is changing its policy on virtual assets, including Bitcoin and Ethereum. Just try to deposit ETH from Bitmex into Coinbase to see what happens to Ethereum's pseudo-fungibility. CRYPTO TRADING BEGINNERS GUIDE at Anu ang mga dapat pag aralan? Saylor warns investors not to be the last ones to get out of, what he views as, a dying asset.
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