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Author Topic: Ethereum is a good investment move  (Read 3382 times)
David Horton (OP)
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June 19, 2017, 08:28:14 AM
 #1

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.
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June 19, 2017, 08:31:16 AM
 #2

exactly because
- new accounts (lots of throwaways)
- also known ethereum advertisers
say it is a good investment. and more importantly they say it in the bitcoin board to get more attention.
also because
- the price is falling
- and the volume has declined hard in the past few days
- also because of all the reasons laid out perfectly in this article: https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36

it means ethereum is a terrible investment.

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June 19, 2017, 08:39:38 AM
 #3

This is Bitcoin discussion here! Wrong thread, wrong section!
And obviously done on purpose to shill that scamcoin!
Yeah right a scamcoin! Premined,infinite supply, mutable chain, highly centralized, proof of Vitalik, and with a sh**load of ICO scams on top of it which is the only use case they are having so far!
David Horton (OP)
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June 19, 2017, 08:44:02 AM
 #4

This is Bitcoin discussion here! Wrong thread, wrong section!
And obviously done on purpose to shill that scamcoin!
Yeah right a scamcoin! Premined,infinite supply, mutable chain, highly centralized, proof of Vitalik, and with a sh**load of ICO scams on top of it which is the only use case they are having so far!

Why would you call it a scamcoin whereas its doing very good for itself? And I wasn't aware that I am publishing in the wrong sub-forum
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June 19, 2017, 08:45:10 AM
 #5

who is too buying etheruem??
I did buy Ethereum, and I am going to hold on to it till it reaches $1000 mark
David Horton (OP)
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June 19, 2017, 08:47:14 AM
 #6

exactly because
- new accounts (lots of throwaways)
- also known ethereum advertisers
say it is a good investment. and more importantly they say it in the bitcoin board to get more attention.
also because
- the price is falling
- and the volume has declined hard in the past few days
- also because of all the reasons laid out perfectly in this article: https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36

it means ethereum is a terrible investment.
I personally don't think it's a terrible investment, so which altcoin do you consider being the best investment?
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June 19, 2017, 08:49:22 AM
 #7

Why would you call it a scamcoin whereas its doing very good for itself?
the only thing that ethereum did good was to have its price increased! meaning profit for those who got in early. it is not doing good in any other aspect.
- it has a big premine of 70+ million which is 77% of current total supply
- it doesn't have any cap meaning it will keep on producing supply (more supply + less demand = price drop)
- it has a buggy code, it can easily be abused through smart contracts just like how DAO abused it.
- the cost of creating a smart contract is pretty high compared to other platforms. so a regular developer can not work with ethereum easily without spending a lot of money.
- the transaction costs (the fees) are rising and last time i checked they are $1.4 on average.

Quote
And I wasn't aware that I am publishing in the wrong sub-forum
now you know, use the button at the bottom left side of this page called "move topic" to move it to altcoin board. Smiley

...
I personally don't think it's a terrible investment, so which altcoin do you consider being the best investment?
it is a terrible investment right now because it is in a bubble and if you read that link you can see what the risks ICOs are causing are. which means there is a much bigger risk of a big drop than there is any risk of rise.
it was certainly a very good investment before i even made a topic back when it was a good time to invest in it hint: price was 0.007-0.01BTC

as for which other altcoin, any other altcoin that has not been pumped has more potential of giving profit than this.

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Juggy777
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June 19, 2017, 08:51:54 AM
 #8

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.


Investors beware you are investing in a alt, and alts look promising for quiet a while, before they go bust though Ethereum has done good choosing it over bitcoin is a big risk and in the end its price will drop then there will be complaints here, I would advise you to rethink of it and stick to Bitcoins and a small amount in ether, that also I am not keen to do personally, I like Bitcoins only.
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June 19, 2017, 08:56:09 AM
 #9

The ether is positioned not as a crypto currency, but as a platform for building decentralized applications.

In my opinion, the ether will not get much popularity as a platform for decentralized applications because of the huge volatility of all crypto-currencies. Think, 3 months ago 1ETH cost $ 20, now 20 times more expensive, this means that now to work in a decentralized application on ether, you need to spend 20 times more money. And further can be even more expensive. And imagine that someone will make a forum or social network on the ether, and in order for the user to show some kind of activity - to write a message or like a message, then he will have to pay for everything... This is insanity...
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June 19, 2017, 08:59:27 AM
Last edit: June 19, 2017, 09:12:30 AM by Blind Legs Parker
 #10

This is Bitcoin discussion here! Wrong thread, wrong section!
And obviously done on purpose to shill that scamcoin!
Yeah right a scamcoin! Premined,infinite supply, mutable chain, highly centralized, proof of Vitalik, and with a sh**load of ICO scams on top of it which is the only use case they are having so far!

It seems like nowadays the trend is directed towards wanting a centralized leader, which is very understandable when you see the problems bitcoin is facing with decentralization. The market doesn't think too much. It used to think that decentralization was the way to go, but then problems arose, so it switched to centralization. I wonder how long it can last. I don't own ETH. Still thinking it's too late to get in the train. I was already thinking the same 2 months ago, mind you. I kind of regret my previous stance regarding ETH (cenralized = bad) but I learnt a lot about market psychology, recently, so next time I'll try to put some perspective into my own stances. It's not like I haven't learnt my lesson.

Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
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June 19, 2017, 09:01:22 AM
 #11

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.

I also agree so! Ethereum will double or triple, not only increase until the end of the year but will continue to increase later. Do you have the same opinion as me? If Ethereum soars, what will happen?





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FlightyPouch
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June 19, 2017, 09:04:14 AM
 #12

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.


I think most investors here are regretting they did not invest their money to Ethereum the time it is so cheap. They thought just like other altcoins, Ethereum will die, but it didn't. It pumps and proved that it will be following bitcoin at the top. I did invest some of my bitcoins to Ethereum, also in some ICOs that is running today.

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June 19, 2017, 09:30:55 AM
 #13

Yup.. i know because Microsoft uses ETH.
You know it's true because YOU just got an Azure bill $$$.
Besides Butters attended a meeting that Putin was at and they spoke..
so you know... riches and ROI's & what not right ?  Grin

Did i mention IBM uses ETH too ?

I also heard "Big banks were buying shitloads"

Oh and i also heard Dark Markets were now using ETH too.

WOW eh ? So many rumors they can't all be fake can they ?
Just to be safe i better spend my life savings on 21 billion dollar premine coins.
Whats the worse that could happen ? Butters dumps more coins ? DAO ? Fork ? What ?

Where's Coindesk ? They should have an opinion on this right ?

Sorry i am busy using secure DAPP's ..no time to talk !

FUD first & ask questions later™
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June 19, 2017, 09:39:10 AM
 #14

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.


Remember if ethereum will have the more update about the project tu push the price of token for the investors and they can get decent profit from them. I mean the more update will make it to be real in near future.
Ethereum already planned to migrate to the pos

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June 19, 2017, 09:41:54 AM
 #15

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.


I think most investors here are regretting they did not invest their money to Ethereum the time it is so cheap. They thought just like other altcoins, Ethereum will die, but it didn't. It pumps and proved that it will be following bitcoin at the top. I did invest some of my bitcoins to Ethereum, also in some ICOs that is running today.
Whatever it is, time will tell the truth whether ethereum could reach $1000 in the end of the year or not. But current price of eth consider as top 5 altcoins which has higher price than many others. I remember in the early of this year, when ethereum price was $18 per 1 eth and today it could reach $373 USD, if I invest on that time then I must feel rich right now Grin.
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June 19, 2017, 10:42:55 AM
 #16

why do you people always come in late?!!

learn the market flow my friends... it won't always be the same, when an altcoin rises 10 fold it doesn't mean it will continue rising 10 fold all year long every month giving the same amount of profit! it means now it is time for those who invested at the bottom months ago are cashing out to take that 10 fold profit.

now that they are doing that, you want to go in! it is like you want to lose money.

Holding Bitcoin More Every Day
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June 19, 2017, 10:50:33 AM
 #17

I consider Ethereum to be a good investment move. I see the $1000 mark by the end of this year.

Ethereum is doing good because of lots of ICO based on ERC20 token and to exchange the token in marketplace again we need gas for transaction . Because of this ethereum gaining value . Be cautious about this ICO's.
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June 19, 2017, 10:53:01 AM
 #18

I will wait till ETH will reach 10 000 than will probably by a house.
I can not see any other coin potentialy to reach 10k.

This can do only ETH and BTC.
But as I missed BTC train, ETH is my choice atm.

I think we will get 10k about 2020,maybe even earlier.
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June 19, 2017, 10:58:32 AM
 #19

If you keep it you get -49.77% annualy  and risk of Ponzi crash
sold it slow and keep money in BITCOIN or $ cash



http://www.investopedia.com/terms/p/ponzischeme.asp
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June 19, 2017, 12:38:55 PM
 #20

Short Ethereum is good investment move
2X bitcoin`s in 2 weeks

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