Great feedback. Thanks guys.
I had read the thread and they do bring up some good points where Vinny has been pro-btc (although not bullish on price because of scaling debate as aggo alludes) and not as pro-ETH as some. I can definitely see if you were an ETH enthusiast how you would be out just from that fact alone. From an outside perspective he seems to be worried about the ICO craziness (who isn't) inflating ETH as well as Vitalik being a point of centralization worry. I agree with fearing any centralization in these realms, but it is hard to ignore someone listing RSK as the future yet selling a pre-token on ETH. Its a little fishy for sure.
I ended up buying less than <1btc (was considering 0 to 4btc) to learn more about how ICOs work and force me to pay attention to the pros and cons of RSK vs ETH and are smart contracts better as layered or intrinsic to the base layer. I am not nearly as bullish on it as I would be if he had waited for RSK though.
Quote:
Originally Posted by Kazuya
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But the project would have a much higher likelihood of being a success on Ethereum, by looking at it from a operating system point-of-view and not ideological reasons...
I'm curious to hear further thoughts on why you think this with regards to civic's project whenever you have time.
Quote:
Originally Posted by aggo
Vinny sold all of his btc holdings at $1250 in march.
He was very convinced BU fud was real, and kept saying price would go below 850
Then he was a part of blockchain capital eth ico that is basically a scam imo
He saw how fast they raised dumb money and announced civic ico around consensus this year
Source: he's in a chat group I'm part of (public group)
He had stated publicly he would not get in again until $1250. So he has not reinvested at all since then as far as you know?
Do you have any further reading on blockchain capital being a scam? I read the press releases in April but haven't paid attention nor realized Vinny was attaching himself to it.
Is your scam thought process that their business model is basically to create a middle man in an area where one is not necessary and convince rubes that their advice is worthwhile, similar to the common gripe with hedge fund managers and active portfolio managers?