Shit just got real - page 6. | Bitcointalksearch.org

mining1

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Quote from: Fredomago on June 11, 2017, 09:49:22 AM

the only thing that i didn't like with this project is the possibility of being dumped hard again

1. Any crypto can be "dumped".
2. Ether was never actually dumped, like losing 40-50% of it's value overnight. If it happened it was because btc dumped too and it affected the price.

Ofcourse, with the exception of the dao panic that caused the price to lose half of it's value in ~1month i think. But even that didn't happen over night.

Fredomago

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Leading Crypto Sports Betting & Casino Platform

the only thing that i didn't like with this project is the possibility of being dumped hard again i know its been quite a while that the price and volume were really increasing and many people speculate that it will continue to keep rising up the only matter is how long and how far in terms of value how the big holders will kept their coins and wait.

spngebob

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Quote from: botolo86 on June 11, 2017, 09:38:48 AM

I love the idea behind Ethereum. I am not sure it justifies the current market rate and adoption. I feel the drive is caused by ICOs and I strongly feel that all the ICOs launched so far are not worth investing, at least in term of true value. I understand people can still make good money by shorting ICOs, but I have not found any great implementation of the Ethereum network so far.

Exactly, market is driven because all of these projects and ICO.
I bought ethereum only because i needed to send some tokens which are using ethereum network. Unfortunately i was one of guys who were listening all shits about how ether is scam and I never invested in it.

mining1

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But that's the thing. It's hard to maintain value when you are backed by faith and not technology, usability and decentralization. That's why i never had balls to invest much into btc, i knew that one day something like this would happen.

If it eth actually surpasses btc, what do you think it will happen ? The only thing that backs it, faith, will be gone. Which means, if people sell and btc spirals down, it will be so slow that most of the value will get stuck in mempool. And eventually it will run out of buyers because people will find out about it and will simply stop buying. A mcap of 40+ bil is meaningless if no one is willing to buy because it can instantly crash.

@botolo86 true, probably half the icos launched so far are not worth investing in, but not because they're scams. But because the ideeas behind them are probably bad, and some of them do not necessarely need a blockchain. And the fact that some teams aren't very experienced.

But there are projects that attracted real titans, people with real successes. Lately so many people with 10-30 years of being succesful ( IT, finance, tech ) launched projects.

botolo86

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I love the idea behind Ethereum. I am not sure it justifies the current market rate and adoption. I feel the drive is caused by ICOs and I strongly feel that all the ICOs launched so far are not worth investing, at least in term of true value. I understand people can still make good money by shorting ICOs, but I have not found any great implementation of the Ethereum network so far.

pearlmen

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Quote from: mining1 on June 11, 2017, 08:58:28 AM

According to http://www.flippening.watch/ , ethereum surpassed bitcoin in volume, mining reward ( aka most secure chain by hashrate ) and nodes, having 4 times more. To be noted that even though ethereum has 92% of bitcoin's transactions, technically it has MUCH more because tokens that work on it aren't taken into consideration.

Which means, today, ethereum surpassed bitcoin by any metric, except for the market cap. Some of you listened to trolls and thought ethereum is a scam, some of you saw past that.

What happened to ETH would have one time or the other happened to various projects that are successful today including bitcoin itself but the issue is that whether we like it or not some people will still believe while some will not. There is no need to pick offense while others are counting their losses, some others will be counting their gain. However, the market capitalization is enough for bitcoin to be at the fore front which is something it will take a while before ETH meet up with.

mining1

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According to http://www.flippening.watch/ , ethereum surpassed bitcoin in volume, mining reward ( aka most secure chain by hashrate ) and nodes, having 4 times more. To be noted that even though ethereum has 92% of bitcoin's transactions, technically it has MUCH more because tokens that work on it aren't taken into consideration.

Which means, today, ethereum surpassed bitcoin by any metric, except for the market cap. Some of you listened to trolls and thought ethereum is a scam, some of you saw past that.

Topic: Shit just got real - page 6. (Read 7221 times)