Ethereum - Blockchain App Platform
05-25-2017
, 09:59 AM
05-25-2017
, 10:12 AM
05-25-2017
, 11:46 AM
Quote:
I like Ethereum a lot more than Bitcoin. Bitcoin is finished in the long run. There is nothing special or unique about it beyond having a name that people recognize. It doesn't have a staff advantage, a technology advantage, and it has several huge technical disadvantages. The Bitcoin community also seems ossified and unable to solve its various problems in a timely and effective manner. Which is why altcoins are crushing them.
Beyond that, I don't know enough about Ethereum, the investments in it, its use cases, to have a clear vision of where this could go. Any idiot can understand "programmable smart contracts" and put together a shiny, hand-wavy case of why they'll be brilliant (which is the reason clown money is piling into Ethereum during this bubble). Long term though? You'd need to know a lot more than I do to pick it. And probably everyone here.
You can walk into your bank and get a loan to buy Ethereum? If so, let me know the name of the bank. I'll both get a loan from them and short the stock
This looks like every other bubble to me.
Kazuya is arguing that we're at the early stage of the bubble, and that awareness has a lot further to spread. It's probably worth doing that analysis. My instinct says we're beyond the early stage.
Beyond that, I don't know enough about Ethereum, the investments in it, its use cases, to have a clear vision of where this could go. Any idiot can understand "programmable smart contracts" and put together a shiny, hand-wavy case of why they'll be brilliant (which is the reason clown money is piling into Ethereum during this bubble). Long term though? You'd need to know a lot more than I do to pick it. And probably everyone here.
You can walk into your bank and get a loan to buy Ethereum? If so, let me know the name of the bank. I'll both get a loan from them and short the stock
This looks like every other bubble to me.
Kazuya is arguing that we're at the early stage of the bubble, and that awareness has a lot further to spread. It's probably worth doing that analysis. My instinct says we're beyond the early stage.
What % of people do you think have:
1. heard of ETH?
2. could give a very basic 1 sentence synopsis of what it is/does?
05-25-2017
, 01:23 PM
05-25-2017
, 01:34 PM
05-25-2017
, 01:36 PM
05-25-2017
, 01:39 PM
05-25-2017
, 02:37 PM
For anyone who just bought in and is already kind of panicking, Coinbase/GDax crashed so that's likely why there was just a tumble.
Guys, it goes without saying that if you're investing in Eth (and not just gambling) try to not be an emotional square about it and sell during these drops. If you're sick at the thought of your investment possibly halving, you have way too much exposure and should likely reconsider your position. Personally, if it drops 50% I plan to invest a bit more on top of what I already have. You need to mentally prepare yourself for stuff like this, because it will happen more than you expect
Guys, it goes without saying that if you're investing in Eth (and not just gambling) try to not be an emotional square about it and sell during these drops. If you're sick at the thought of your investment possibly halving, you have way too much exposure and should likely reconsider your position. Personally, if it drops 50% I plan to invest a bit more on top of what I already have. You need to mentally prepare yourself for stuff like this, because it will happen more than you expect