JimboToronto
Legendary
 Offline
Activity: 2842
Merit: 2138
You're never too old to be young.
|
 |
June 22, 2017, 04:32:12 PM |
|
poor vitalik with...$330 per ETH? still doing well enough it seems.
(i own no ETH)
I don't own any ether either.  I heard Vitalik speak at Decentral in Toronto the day before he launched Ethereum and while the concept of smart contracts and his mining algorithms fascinated me, I found the concept of pre-mined coins to be sleazy, so I took a pass. With Bitcoin I feel I'm doing something good for the world. The whole ICO thing is just the evil spawn of Ethereum. Suckers beware. OK, I'll shut up about altcoins now. |
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
|
|
|
|
|
|
|
Wekkel
Legendary
Offline
Activity: 2758
Merit: 1385
yes
|
|
June 22, 2017, 05:26:06 PM |
|
[...]while the concept of smart contracts and his mining algorithms fascinated me, I found the concept of pre-mined coins to be sleazy, so I took a pass.
With Bitcoin I feel I'm doing something good for the world.
[...] I am in the same boat. No coin cap and/or software defined rules on it -> not interested. So I passed on ETH but I am happy that I can use it now for specific purposes (AKA, if investors want to jump into ICOs creating tech for the future, I have no concerns. There will be some big wins but also BIG LOSSES). Bitcoin is simple and pure |
|
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
June 22, 2017, 05:47:02 PM |
|
dips rule everything around me - dream, get the money bitty bitty bills y'all
Torque is in the place to order pizzas with haste. They say my man Jay Juan Gee is on freebase. JimboToronto was a friend of mine, till I caught him trying to steal from the dogecoin mine. |
|
|
|
|
Dabs
Legendary
Offline
Activity: 2884
Merit: 1563
The Concierge of Crypto
|
|
June 22, 2017, 05:52:11 PM |
|
In the end, it's all about money. The alts are not evil in and of themselves. If you don't understand something, it's good to stay away from it. Have no regrets. But if you can see an opportunity without directly harming anyone else, why not? Even bitcoin will have its losers (the ones buying high; but if they just use it to do value transfers, like buying something, they don't really lose) but that's the way it goes, all of this is voluntary.
The only reason I own ETH is I'm spreading my stuff across a bunch of alts. In the end, they all go back to bitcoin. (And the other alts have their uses too.) I got some precious metals too, because ... because!
|
|
|
|
|
DonQuijote
Legendary
Offline
Activity: 1547
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
|
|
June 22, 2017, 06:07:06 PM |
|
In the end, it's all about money. The alts are not evil in and of themselves. If you don't understand something, it's good to stay away from it. Have no regrets. But if you can see an opportunity without directly harming anyone else, why not? Even bitcoin will have its losers (the ones buying high; but if they just use it to do value transfers, like buying something, they don't really lose) but that's the way it goes, all of this is voluntary.
The only reason I own ETH is I'm spreading my stuff across a bunch of alts. In the end, they all go back to bitcoin. (And the other alts have their uses too.) I got some precious metals too, because ... because!
In cryptoworld diversity is key to success |
|
|
|
|
bitserve
Legendary
Offline
Activity: 1470
Merit: 1274
Self made HODLER ✓
|
|
June 22, 2017, 06:42:01 PM |
|
In the end, it's all about money. The alts are not evil in and of themselves. If you don't understand something, it's good to stay away from it. Have no regrets. But if you can see an opportunity without directly harming anyone else, why not? Even bitcoin will have its losers (the ones buying high; but if they just use it to do value transfers, like buying something, they don't really lose) but that's the way it goes, all of this is voluntary.
The only reason I own ETH is I'm spreading my stuff across a bunch of alts. In the end, they all go back to bitcoin. (And the other alts have their uses too.) I got some precious metals too, because ... because!
In cryptoworld diversity is key to success FIFY |
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4386
Be a bank
|
|
June 22, 2017, 06:54:44 PM |
|
yuh you need a reserve of gold ounce coins and whatnot for when you wanna tip some kid but one satoshi is just too damn much
|
|
|
|
|
yefi
Legendary
Offline
Activity: 2618
Merit: 1445
|
|
June 22, 2017, 06:55:17 PM |
|
We are comparing a method of knowledge (science) to a system of belief (faith), which is not known for revising itself based on new evidence. Even when it does, the “wrongs” are blamed on human interpretation. Science is all about improving ideas to get closer to the truth, and, in some cases, completely throwing out theories that have been proven wrong. Furthermore, the claims of religion are virtually all unfalsifiable, thus cannot be proven wrong. Therefore, comparing religion and science on the basis of falsifiability is a faulty comparison.
Bitcoin isn't a science any more than a Quartz clock is a science. They both apply it, but they are not it. Also, we are not looking at these brands of technologies in and of themselves, but at their dissemination and market value, which very much involves belief, just as it did with preceding forms of money. |
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4386
Be a bank
|
|
June 22, 2017, 07:04:05 PM |
|
botstamp  |
|
|
|
|
Torque
Legendary
Offline
Activity: 2422
Merit: 2137
|
|
June 22, 2017, 07:09:01 PM |
|
Is it me, or does there appear to be some serious effort going on to push down sub 2700?
|
|
|
|
|
Raja_MBZ
Legendary
Offline
Activity: 1638
Merit: 1391
Any questions related to my signature site? PM me!
|
|
June 22, 2017, 07:15:32 PM |
|
Bitcoin & stability - strange, both things are currently combining.  What's up coming next? A dump or pump? |
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 2548
Merit: 3735
How much alt coin diversification is needed? 0%?
|
|
June 22, 2017, 08:04:24 PM |
|
Is it me, or does there appear to be some serious effort going on to push down sub 2700?
It's a numbers thingie majigie!!!! You know that.   |
|
|
|
|
HI-TEC99
Legendary
Offline
Activity: 2016
Merit: 1176
|
|
June 22, 2017, 08:31:18 PM |
|
Bitcoin & stability - strange, both things are currently combining. What's up coming next? A dump or pump? Probably months of stable prices. Everyone will be going on holiday soon. The big price moves will probably happen in the Autumn after they are back. When this thread's post rate has dried up to one post a day there's usually a big price move imminent. |
|
|
|
|
Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1010
|
|
June 22, 2017, 08:37:42 PM |
|
summer's vacancies are stable ... ?   |
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 2548
Merit: 3735
How much alt coin diversification is needed? 0%?
|
|
June 22, 2017, 08:45:11 PM |
|
Bitcoin & stability - strange, both things are currently combining. What's up coming next? A dump or pump? Probably months of stable prices. Everyone will be going on holiday soon. The big price moves will probably happen in the Autumn after they are back. When this thread's post rate has dried up to one post a day there's usually a big price move imminent. Yeah, but this time is likely going to be different. First, we have way too many things going on in cryptolandia Second, we have way too much trade volume going on currently. Sure, trade volume might dry up, but it does not dry up over night, therefore, before it dries up, we are likely to experience additional volatile movements, which is not the definition of stability. |
|
|
|
|
conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
|
|
June 22, 2017, 08:51:10 PM |
|
|
|
|
|
|
QuantumMiner
Newbie
Offline
Activity: 46
Merit: 0
|
|
June 22, 2017, 09:49:21 PM |
|
spooky  |
|
|
|
|
Wekkel
Legendary
Offline
Activity: 2758
Merit: 1385
yes
|
|
June 22, 2017, 10:07:44 PM |
|
Comparing mega bubbly 2013 with soft run up 2016-2017. I am a little disappointed |
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 2548
Merit: 3735
How much alt coin diversification is needed? 0%?
|
|
June 22, 2017, 10:51:07 PM |
|
Comparing mega bubbly 2013 with soft run up 2016-2017. I am a little disappointed Yeah, but the overlap of charts is actually the pre-early 2013 bubble, and I am not sure if that is meant to indicate that we have not even accomplished the first 2017 bubble, yet. Personally, I believe that it is frequently erroneous to attempt to read too much into such an attempt at overlapping - because we know that there are so many factors that are quite different in this time frame as compared with early 2013 - including development, adoption, alt-space dynamics, hardfork issue, ability to short bitcoin, spread out liquidation options, longer track record at governmental attempts at regulation, and likely several other unnamed but materially influential factors. |
|
|
|
|
Torque
Legendary
Offline
Activity: 2422
Merit: 2137
|
|
June 22, 2017, 11:00:59 PM |
|
Personally, I believe that it is frequently erroneous to attempt to read too much into such an attempt at overlapping - because we know that there are so many factors that are quite different in this time frame as compared with early 2013 - including development, adoption, alt-space dynamics, hardfork issue, ability to short bitcoin, spread out liquidation options, longer track record at governmental attempts at regulation, and likely several other unnamed but materially influential factors.
And you forgot one more factor. That at that time, 80-85% of all trades were going through a single exchange that later proved to be completely insolvent and likely had been for several years. |
|
|
|
|
|
Poll
