Crypto Industry: Going Parabolic
(Edited)
The world of crypto is exploding. It is amazing how quickly things are starting to move. We are seeing an increase in the total market cap. However, that is something that we can view as a loosely correlated scorecard.
What is really the thing to watch is the network effect that is taking place. We are undergoing advancement at some many levels that the net impact is much greater than linear.
In this video I discuss how things are changing before our eyes and this entire industry is going parabolic. Exponential forces are already in motion which will carry the totality of this at a pace never seen by any single technology.
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BEER.New money + compounding earnings + airdrops seems like an easy way to increase the marketcap. But yea there are just way too many people and the money being generated, we will see a huge crypto expansion.
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All is true . Long time ago if we talk about crypto to 10 people , only 3 people might about it and 1 might say it is a scam. But now it is like food on the table , as long d internet can reach the human population , they might have heard the crypto .
It's been a while since you mentioned the network effect :P although we have yet to see it's effects on hive
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Do you see that when you post to @threespeak you get VERY LITTLE comment engagement?
What's up with that?
Either people here don't want to watch your videos or they don't even load properly.
Yet there you are claiming on another post that @spknetwork is going to be something special for growth.
The audience IN HERE barely give a crap about the mediocre video service... yet somehow you think their video proposal is going to bring growth from outside of Hive?
Nope. Don't see it.
HIVE is just a simple game of folks chasing incremental gains by clicking a vote button. Wait NO.. it's not even that. Most are plugged into their trails so that the clicking is done for them.
In order for video to make any impact here the entire collective consciousness of Hive users needs to change. Because it would seem that on Hive no one is REALLY paying attention.. and video is all about attention retention.
So in order for SPK to then make impact outside of Hive the product they're offering needs to be intensely impressive.
It's like going back to the old internet of piratebay and peer2peer sharing. It made sense back then because those networks where the only ways to access to content. These days though content is on demand. For SPK to have their network rely on individual systems rather than dedicated server farms is a major step backwards. It has no future in terms of growth.
Looking at the stats from @dalz about threespeak shows that it will not have any throttling issues. Mainly because there's no demand on their service. So sure that can run on an old windows pc seeding 20 or so videos.
I had hopes for this SPK vision.
It's what brought me here.
I've read the whole white paper and I'm not impressed at all. It almost seems like they're trying to make it more technical than it needs to be. In order to bamboozle fools into thinking:
Summary:
In this video, Task talks about the network effect in the crypto market and its impact on exponential growth. He emphasizes the significance of DeFi and NFTs in driving this growth. Task explains how the value of a network increases with each new participant, leading to rapid expansion. He discusses the growth of DeFi and NFTs, highlighting the increasing investments, applications, and infrastructure being developed in these sectors. Task predicts a parabolic growth trend in the crypto market, comparing it to the explosive growth seen in the smartphone industry. He concludes by mentioning the potential impact of DeFi on various sectors like the stock market, insurance, loans, and collateralization as well as the discussion around Bitcoin affecting gold.
Detailed Article:
Task delves into the concept of the network effect and its importance in driving the growth of companies like Microsoft, Facebook, Apple, Amazon, and Google. He explains how the exponential growth of networks, also known as compounding in the financial world, plays a crucial role in the success of these companies.
Moving on to the crypto market, Task highlights the significance of the network effect in driving exponential growth in projects like DeFi and NFTs. He breaks down the network effect, explaining how the value of a network increases non-linearly with each new participant. Task gives examples of DeFi and NFTs experiencing rapid network effects due to more people joining, more investments being made, and the continuous creation of new tokens and applications.
Task discusses the growth of DeFi platforms like Ethereum and Binance Smart Chain (BSC), noting the substantial increase in their total value locked. He predicts a parabolic growth trend in the crypto market, comparing it to the explosive growth seen in the smartphone industry. Task mentions the discussions around how DeFi could impact various sectors such as the stock market, insurance, loans, and collateralization, as well as debates on Bitcoin's potential impact on gold.
In conclusion, Task expresses his optimism about the future of the crypto market, underlining the potential for significant growth and the transformative impact it could have across various industries.