Can someone redpill me on this? At first glance this is appears to be one of the most promising projects I've seen in this space. It's backed by serious heavyweights (Andreessen horowitz, Founders Fund, Sequoia Capital to name a few) and has a legit use case. However, upon further inspection I'm having trouble seeing the financial incentive. Is there really enough money in domain name registry to support a robust POW network?
Handshake
Other urls found in this thread:
icann.org
youtu.be
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bump
The redpill is that the time to buy in is when it goes down to 1 cent.
Once those ASIC come in around June, it is going to crash in price.
why do you expect it to go that low? the VC chads bought for 10c
just dont.
it mooned to to $0.44 and has been dying ever since. it was shilled heavily a few months ago. if you are still holding, you're way too late.
Im not holding. Im looking to build a position but have some questions about the economics. Can you answer them or are you just mad you got burnt by the initial listing pnd?
wut?
I was about to buy but then I saw the total supply of coins. Waiting for a major drop
who’s here smart money
Drop the questions, I’ll have answer to all of them, go
similar boat is you. unsure. need autist to shill it. no pajeets or australians
can you answer my question in OP?
I'm gonna be real the idea is actually good and it does function as people have been making sites on it. However until normie sites (Google, Facebook YouTube) or enough autists join it it's not going to explode. We may see that happen given that FBI can search history and it might be harder on an eth network but only time will tell.
icann which runs the domain names on the internet today makes 18 billions annual from maintaining those domains
Here’s thier latest tax filing:
icann.org
The internet as we know it today will change
As of today you cannot run “the Internet” on a decentralized network but that’s about to change soon (won’t get into that because I am accumulating the new internet) but that will help Handshake and all decentralized networks
Owning handshakes and domains on it is the future of owning “the internet” in itself
whats the new internet?
Answer this
Will sill it once I become a whale, still far from that
Last pnd on this shitcoin I sold at a 2x right before it dumped like crazy.
have you seen this interview?
youtu.be
come on man. One time right here. I follow all your smart money threads if I dont miss them
18b holy shit, I thought it was significantly lower than that. thanks for the info
Not an expert in mining, but that’s like saying the price will dump hard because it will cheaper for miners to mine the coins
Could be true but that means all Crypto should be a lot cheaper because for the most part miners end up in a surplus after substractinf mining cost.....it’s just simply not true
Also that takes the speculation out of the equations and all you know 99% of this space is speculation
Here’s the insane part, every domain name that gets sold, the price of it gets burned in HNS (over three million coins burned already last time I checked) which means at some point you’ll have to whales with big egos bidding on a single domain name that can take a massive amount of the supply of out circulation and it’s a matter of time before this happens
And for the user that spoke about thr supply, about 80% of the supply today was giving out as airdrops for devs, a tiny fraction of that has been claimed so far, I suspect we won’t see 90% of it as the airdrops were giving away long time ago
...
Not gonna happen, I have to make sure I’m set first then I’ll shill it
And similar to HNS, when inshill it, you’ll buy it cheaper than 99% of people who will end up buying it
Don’t worry, we are still far from that point
>Not gonna happen, I have to make sure I’m set first then I’ll shill it
>And similar to HNS, when inshill it, you’ll buy it cheaper than 99% of people who will end up buying it
>Don’t worry, we are still far from that point
spacemesh?
I don’t know what spacemesh is? But if you’re saying that’s what I’m accumulating then the answer is not
If that’s a person, I don’t know who that is
come on man. Got to be a way to let me know without spilling it
>come on man. Got to be a way to let me know without spilling it
it's helium
1. yes it'll happen
2. No not with handshake
>but muh DNS is a thing today so it'll be a thing tomorrow
yes, but DNS is an emergent property of a network based on connectivity. Projects like NKN imply a DNS, while solving a bigger and more important problem - how packets arrive to begin with.
this reeks of desperation. The fact that he is loading up and will make a shill thread in the future should be enough to hold you over for now
wait. no it's blockstack. IT'S BLOCKSTACK
it’s not helium, I don’t know any of these shitcones Where do you faggots come up with those things
bruh its Handshake. It's not a secret, he stated it clearly already
No, handshake is owning the domains themselves
There’s a project that will decentralize the internet itself
I know you think I’m lying or crazy, but time will tell I guess
regardless, HNS gives you the best investment/return ratio in Crypto as of today imo
>bruh its Handshake. It's not a secret, he stated it clearly already
he thinks btc is store of value, blockstack is internet, and handshake is domains
I never said blockstack, the fuck is this shit
And yes I am big believer in Bitcoin and I believe for anyone that doesn’t want to take on big risks, BTC will give you the highest returns still and even @ 20k it will outperform the majority of the market
>I never said blockstack, the fuck is this shit
>And yes I am big believer in Bitcoin and I believe for anyone that doesn’t want to take on big risks, BTC will give you the highest returns still and even @ 20k it will outperform the majority of the market
just tell us bro, no one will believe you anyway and call you a pajeet
After new ASIC is developed an altcoin (one that never has had ASIC miners before), the coin plummets in price and eventually rebounds.
I'd wait for it to plummet first and pick it up. Probably around June or July which is the estimated ETA for the first batch.
I mean it happens every time. Most recent example is CKB. As soon as the first wave of ASIC came out for it, the coin dropped by 300%. Its only since then rebounding.