you see what's wrong there right?

sure... let me rephrase: I could sell all my eth right now and see a 33% profit on my investment. obviously if you never sell you can never realize gains. thanks rafiki the obvious

I got a few ETH at $13 and finally fully capitulated the last couple weeks. At this rate we could see another $13 chance.

It's a fair bit less than 33% now, that's how fast this is moving.

All cryptos have a fixed supply and nominal float that’s available on the books at any given time.

So what takes years for normal markets to go through, crypto takes weeks. The volatility is very high because liquidity takes a while to recharge and discharge on big moves

This is very normal crypto market behavior and I would say recent market action it’s quite orderly for crypto IME. Because a lot of cryptos only trade on btc or eth pair, altcoins are susceptible to massive liquidity vacuums when the price btc or eth drop, as the price of the alt cannot be rebalanced quickly enough by market makers. So if you are on leverage trading an altcoins you’re in deep **** rn

Crypto moves fast? Someone call the press

Gosh - hope this was a good time to go from short to long??

Oftentimes with investing, it seems like things can start off sort of clear ... like with maybe a 70% chance of things going in a certain direction? But then half way through things always seem to start to get a bit more murky, as people who were buying decide to start to sell and stuff - and then things aren't always so clear any more when half the people want to go one way, and half want to go the other way. Then things start ping-ponging every which way

Meh - tomorrow's a holiday, so guess can see what things look like in the morning?

It could also be that things seem more clear when they are farther from the action. When things start happening, you realize that it was more complicated than it appeared at a distance, and the 70 % figure might have been an overestimation.

Alternatively, when the action picks up it's more difficult to zoom out and see the big picture, and the gritty details of the most action packed periods were something that you intuitively included in your 70 % model.

The first one is more often the case imo. Moderate your guesses if they are extreme or much different from the general opinion of experts.

It seems like most of the experts are the ones who have the extreme views that crypto is either likely to head to zero or the moon

Things look more clear in the morning - should have gone to bed earlier

Eth down

Aggo - dumb mETH heads, it’s a garbage project drop your bags

ETH up

Aggo - I like ETH , never said it was bad

You forgot

ETH up

Aggo - At least I never made an actual trade against it.

The most tilting aggo trait is trying to make "mETH" a thing.

1. The m doesn't stand for anything.
2. Ether is already a drug and one that makes more sense as an analogy for delusional believers- instead of increasing energy it puts one to sleep.
3. The secondary definition of a place beyond the clouds works great for unrealistic dreamers as well.

Time to muzzle aggo

aggo is a drudge report reader brah

Cofounder of reddit thinks eth with be $15000 by the end of the year.

Yes plz. The cap would have to be 1.5T just for eth....

2p2 yacht party with Tpain imo

I suspect some people like to say stupid numbers to **** with journalists.

Apparently IOTA's project Q will include smart contracts. With IOTA having no fees and being infinitely scalable, it seems like it might be bad for Eth.

Does IOTA even work yet?

Iota is trash. There are a lot of coins claiming to do a lot of things and eth isn’t doing a good job at not leaving room for competition but to think iota is the biggest problem with the given information is a joke.

Eth has close to 20 competitors already iota isn't scary considering how ****ed up it seem for simple transactions

While that would be sick, I read somewhere that he corrected himself and meant $1500. He said something about BTC $20k which makes me think he likely misspoke.

Yeah that makes way more sense.