I’ve actually dumped all my ETH. With the ICO situation as crappy as it is, don’t like ETH atm.

Ouch

Over under on # of months to next kazuya post ???

If etheruem is a blockchain app platform then what is the ethereum currency? What does one have to do with the other?

The fuel to run applications on the platform and to incentive miners to secure the platform

https://www.reddit.com/r/CryptoCurre...usands_of_eth/

So it's an app platform that both pays out and accepts payment in the form of its own scrip currency? It says its run by a non-profit organization but it seems like there is plenty of money to be made, and it was designed to be that way.

Huh? The Ethereum foundation does not make money. The miners make money in the same way bitcoin miners make money.

Eth just pumped to nearly 600 then dropped to 520 within 15 minutes. Smart traders are probably making a killing rn

He's swing trading bro. He's already increased his ETH holdings by 230%

Not even Brian Armstrong can save this ship

ETH needs to correct like LTC did in 14, staying above 60 would be strong.

Anything is possible. a 3 year bear market like what LTC experienced would be extreme, but is deserved & worthy as the multi-billion dollar ICO industry comes to grips with the reality that 81% of the raises has been an outright scam to stakeholders. That's a mind boggling amount of terror that needs a long time to unwind on the chart.

These are straight fundamental issues (which other coins like LTC) did not have to face.

https://medium.com/satis-group/crypt...e-b678aeda4c5e

"Don’t panic sell if Eth goes from 1100 to 350 and instead realize this is a part of the process and you should be buying this 50%+ dip and this does not mean it’s a “bubble.” If the market goes from 800B to 250B don’t let these stupid narratives fool you. The market will eventually be stronger/bigger than it is now but before then don’t expect zero turbulence as there should be an expected wash-out at some point in the future. Instead embrace it and understand 2018+the future is bullish overall and when everyone is running for the exits and all the naysayers are saying this is the end, you should buy even more. I’m not going to stick around to hold your hand or be here if that happens, but if you’re following my advice and don't panic you should be just fine."

--Kazuya, 1/9/18

"...Ignore Aggo, and you’ll likely be a wealthier and happy person come next year."
--Also Kazuya, 1/9/18

Did Kazuya really say that a 80% drawdown on value = nothing to be concerned about??



The vast majority of people live paycheck to paycheck and dont have the freedom to see an investment go through a 80% drawdown. Normal people have bills to pay and dont have the luxury of having a 6 month safety net in terms of savings. What kind of ****** investment advice is that anyway? "if it falls 80% dont let stupid narravtives fool you, keep buying till you get to $0". Future is bullish until you realize that ETH is a marked coin for competition. No one wants to compete on bitcoin as digital gold, but ETH literally has 20 competitors right now, half of which have launched themselves via ETH ICO, and plan on eating all of ETH's marketshare because they arent stupid idelologues when it comes to scaling.

Any professional who deals with $ or is experienced would laugh in your face if they heard that you sat through a -80% drawdown without derisking just because you are a HODLer.

Geez, you sound so desperate. Just hang in there.

Another good one to justify holding is that the "whales" are pushing the markets down to buy up cheap coin.

Any predictions on The Flippening?

LoL.

I take this to mean no moon shot?

Ethereum is a piece of **** and they are literally the tesla/Elon musk of crypto. It’s a network of memes and greater fool bag holding.

Kazuya dumped on you kids from the beginning and he doesn’t even hide it anymore

Ime

mETH heads are more adverse to facts and evidence than bch trolls

Was surprised to see that even people bought last summer will soon be underwater on this. That's kind of crazy. What a drop.

Not really. I bought most of my eth in late September, and not counting profits I took I'm up 33%. It's been a massive drop, but anyone who bought in before the bull run has made a lot of money even if they didn't sell anything

Lol at this being a bad thing.

prepare ur anis