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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Is not Worth More than 5$-10$ on: March 07, 2017, 11:16:21 PM
This is my third time in the btc/alt world ... early in 2011, then ran away. Fall of 2013 and then ran away, now back since december and not running away this time. Each time I didnt set up a trading account with a proper exchange hence when I wanted to jump back in, I was left with local bitcoin or similar ripp off because it would take weeks before deposits got received and I wanted so badly in that I didn't have the patience to follow through and really set up my "crypto system" of buying, selling and or holding.

Now, stupidly enough I was slow in the fall 2017 again but in Canada, there's now better systems to get in than before.

Some friends saw me and they badly wanted to jump in in february hence they took the 4-5% fee on credit cards on Coinbase and they all jumped in, 10 of them. What they bought? ETH. And they've been following me and learned from me that cryptos could have a future if people say so. Hence for them pooring some hundreds or thousands of dollars there and wait for 2-3 years is not a big issue. If you look at the rate of buying on the exchange, lots of new volumes came exactly from there, the little guy or girl who has seen that BTC could run up over a LONG timeframe and that's probably what a lot of the holders now (is it enough to keep the price as there's always whales) but hey, they understand, without being traders themselves but enough educated, that paper is as much worthless than cryptos depending in which you believe...

And they are all attorneys, accountants, nurses, etc people dealing with papers everywhere and dream of a world with blockchains and all everywhere.... And they read the news, they see big institutions going into this third 3rd/4th wave and they sort of know that there is a shift sooner or later that will be there at their door. And they want in, part for the value but also part for a better functionning of their relative systems, work or personal.

I have no clue where and how and when and where it's going, how much up or down, which one or if ETH is better or worse than ETC because of inflation, but if there is more people and more people believing, that means more holders.

That's only my analytical got and i'm no trader, where I work there is big, paperbased contracts and stuff slowing down everything, and if the technology can get there and lift some people with it in both ways (technically and financially), what is risking some savings and see this as a long term investment. Which I think more people now believe.

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