hahaha! lovely post!
I totally agree.

there are so many good deals around atm, for $100 i bought a gen 4 and two gen 5 cats

Wow what a great deal!

If you were educated about ETH you would know that this was expected, it isn't a surprise that it can't scale today.

now im ready after due diligence and positions filled:

EOS & filecoin

If you're not comfortable with the distribution and launch terms (you probably shouldnt be) its probably not for you.


As ETH/BTC continued to make new lows below 0.05 (lolz) it became clear that I have captured all the alpha possible from fomo kids and have vastly decreased my core holdings. I maintain that it will be impossible to scale ETH in a manner that has been described by people, Sharting and proof of shart, and cryptokittens reinforces my belief that congestion and confusion will permanently remain on ethereum's network. I still hold some because there is always a chance (probably less than 5%) that proof of **** is implemented cleanly and without game breaking bugs, but looking at the eth/btc chart makes it abundantly clear that Ethereum is in a for a long winter. As it continues to make new lows and volume decreasing, it may become an attractive trade again, but only to make more BTC, as it will become clearer and clearer to everyone that ICOs and appcoin bubble must fully resolve... with investors all losing their money. I offloaded my ico REP over the past few weeks.


Onto the next pump, i guess.


disclaimer: I own no cryptocurrencies. I do not daytrade. I do not invest.

I gamble.

Every single one of you is about to get outperformed by another ****coin.


Dont be the last idiot holding ICOs and ETH, its really not too late.

You actually couldn't have posted at a funnier time.

No one has posted about:

Vitalik recent sharding GitHub commits
@msantoriESQ tweets

This thread is dead oh well. Kazuya come back!

LOL

I've been unloading my remaining ETH for ADA the past ~5ish days.

aggo-

serious question.

What is a better return?
1) From $8 to $520
2) From $950 to $16900+$1400+$250

Since August you've been right, but anyone holding and trying not to take short-term cap gains is incredibly happy to have been in ETH for year 2017. Whether it is 5% or 100% of your portfolio, you have outperformed HODL BTC strategy.

Disclaimer: Treat your holdings like a portfolio. Don't try to day-trade unless you're at least as smart as aggo. I'm sure he captured the LTC/BTC surge, then shorted the top of it.

Is this time any different to the several other times you have said this? (When ETH was half its current value)

Don’t want to be a bag holder, but you haven’t exactly be reliable so far..

Westley-

He's talking about ETH/BTC pair (which is around .03 right now), not the USD value of ETH. BTC has massively outperformed ETH since a little before the August 1 HF, but still massively underperformed it for the year 2017.

Even if you're not actively trading the ETH/BTC pair, but you are holding some ETH and some BTC, then you are effectively exposed to it.

Hypothetical scenario:

Say you are holding $100 in BTC @ $16.5k and $100 in ETH @ $500. If ETH goes to $1000 and BTC goes to $49,500 over the next 1 year, then your USD balances would be $300 BTC, $200 ETH. But you'd do better if you started out with $200 in BTC and $0 in ETH, because ETH/BTC fell (started at 500/16500 =.0303 and ended at 1000/49500 = .0202).

If anyone knew what coin to be in at all times, they wouldn't be wasting time posting in this thread.

yeah you havent been reading this thread. at all.

im not going to argue semantics with you, its meaningless.

If you're talking about my posts and where I sold? I've massively outperformed.

sold the top on eth, posted about it
bought the bottom on ltc, posted about it
told everyone to buy web3 coins, posted about it and bought the bottom again.
told everyone that the SEC would begin investigating ICOs 2 months ahead of time.

you can move all the sign posts to wherever you want, doesnt matter to me.


You've never constructed an investing thesis here
Youve never engaged in a fruitful debate here
Youve never shared your thoughts other than "offline laptop > trezor"

my calls in this thread are here for everyone to read and see, until you make yours, shut your mouth and stop faking that you understand any of this ****.

Atleast Kazuya had the balls to post his calls.

6500% vs 1950% is not "semantics."

I don't post investment advice or anything that could be perceived as such, nor spend much time reading 2p2 anymore.

Congrats on some good trades if you actually made them. Hopefully you put some real money behind them and are rich now.

dont throw stones in a glass house, dont talk to me unless you have something meaningful to contribute (probably not because you're just a blood sucking leech like 90% of crypto is now)

aggo, why EOS over Cardano? (I think ADA will nut in the butts of NEO/ETH. Held decent size of both those names at different times this year).

Nice posts 2shae.

morning everyone, today should be a good day. What's up with litecoin? If it werent for Lee, I would like LTC but the guy is a serial pumper.

I wrestled with whether to even share that I’m a bag holder. Because there most certainly will be an eos classic at launch, and other ****storms I’m sure. It’s distribution method and launch should scare a lot of people away. It’s just super risky coin to own.


But what excites me is that they are committed to wasm. Ethereum is not, and it simply opens the door for so many programmers and coders onto a platform that they can actually utilize and understand. It’s not just a coin if it can compile wasm.

The other stuff- dpos, scalability... I’ll believe it when I see it. But larimer has a history of delivering. Not just stuff that’s half baked... steem somehow is still a thing. Antshares is still a thing.

Then there are serious network effects. For whatever reasons, the Chinese love this coin. There’s a community of people waiting to use it.

People want to buy something that actually ****ing works and doesn’t need a wiki page explaining wtfever a “gwei” is and how that’s not even half the story because you also have to worry about “gas limit”

Eh, he has seemed like one of the more stand-up guys in the crypto sphere thus far. He only recently became a "serial pumper" once the Litecoin Foundation came out and stated that they were going to try and market the coin more.

LTC being pumped by 4 forces right now 1) Asians / other speculators using it to move coinage around very fast (BTC/ETH clunky as puck right now). 2) Charlie Lee in the Media 3) Noobs signing up on Coinbase think they can't afford Bitcoin so they buy the cheapest coin listed. 4) and Litecoin was decently undervalued in relation to other ****Coins out there right now.

Re: EOS - I've been holding for quite a while now also, but despite believing in Larimer there are a lot of red flags. It's just hard to believe that they are pulling in 10000 ETH every day even taking into account the arbitragers (often there isn't any arbitrage opportunity at all).

Like you say it's a very risky coin but I'm in for the ride.

Curious how many you unloaded? ETH looking good this morning.

If you want a sob story, I unloaded 25 ltc @200 with the intention of buying the dip. Didn't expect another 100% increase in 12 hours. Clearly my logic was sound