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Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH, road down to $50?
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on: November 12, 2018, 11:08:12 PM
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Even Vitalik Buterin said at some point that Ethereum was never meant to be a store of value in which people would put tons of money and see it grow, because it just lacks the characteristics of what ham,es a good store of value. He didn't even expect it to go much beyond $7 or so. The whole Ethereum thing is a big clusterfuck waiting to collapse. It doesn't really sale, the blockchain that they use it's cluttered with trash (this is why we need a fee market) etc. Money is not a turin complete world computer, that is the last thing you want for a solid store of value.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto Market all RED today. I am so scared
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on: November 12, 2018, 06:10:30 PM
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The rejection of the Winklevoss brothers filing means nothing. Anyone who has done a bit research by now should have realized the ETF approval by the SEC is just a matter of time. CBOE has done their homework and they will be able to get the filing approved. Besides the fact they are a leading financial institution that has a proposal that ticks all the boxes including insurance...this is the same organisation that convinced the SEC to approve Futures last year. You have to dig deeper instead of staying on the surface. Then you will also sleep better.
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