Bitcoin Forum
May 10, 2024, 11:33:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-06-21] Dogecoin Creator Jackson Palmer Is Concerned About Ethereum’s....  (Read 2767 times)
Diced90 (OP)
Hero Member
*****
Offline Offline

Activity: 994
Merit: 515


Get'em boys


View Profile
June 22, 2017, 10:07:53 AM
 #1

Dogecoin Creator Jackson Palmer Is Concerned About Ethereum’s ICO Bubble

One of the biggest stories in cryptocurrency over the past couple of months has been the meteoric rise of the ether price and the speculative frenzy around the Initial Coin Offerings (ICOs) launching on top of the Ethereum platform. In a recent video uploaded to his personal YouTube channel, Dogecoin creator Jackson Palmer shared some of his thoughts on ICOs and their effect on the ether price.

“The real reason the [ether] price has been going up something like a hundred dollars per week for the past month is really just greed: greed from developers, greed from investors [and] greed from everybody in this speculative market,” said Palmer in a summary of his main point on the topic of Ethereum and ICOs. “And that’s not necessarily a bad thing. People making money is how the world works. But it’s the way in which it’s been happening and the speed at which people have been doing these ICOs that is a little bit concerning.”

READMORE
https://bitcoinmagazine.com/articles/dogecoin-creator-jackson-palmer-concerned-about-ethereums-ico-bubble/
1715383988
Hero Member
*
Offline Offline

Posts: 1715383988

View Profile Personal Message (Offline)

Ignore
1715383988
Reply with quote  #2

1715383988
Report to moderator
1715383988
Hero Member
*
Offline Offline

Posts: 1715383988

View Profile Personal Message (Offline)

Ignore
1715383988
Reply with quote  #2

1715383988
Report to moderator
1715383988
Hero Member
*
Offline Offline

Posts: 1715383988

View Profile Personal Message (Offline)

Ignore
1715383988
Reply with quote  #2

1715383988
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715383988
Hero Member
*
Offline Offline

Posts: 1715383988

View Profile Personal Message (Offline)

Ignore
1715383988
Reply with quote  #2

1715383988
Report to moderator
1715383988
Hero Member
*
Offline Offline

Posts: 1715383988

View Profile Personal Message (Offline)

Ignore
1715383988
Reply with quote  #2

1715383988
Report to moderator
Slow death
Legendary
*
Offline Offline

Activity: 3010
Merit: 1100


Leading Crypto Sports Betting & Casino Platform


View Profile
June 22, 2017, 01:53:36 PM
 #2

the speed at which people have been doing these ICOs that is a little bit concerning.

I agree with Jackson Palmer

Scammers are taking advantage of people's greed and are creating more and more ico every day.
In the end we have what we have


..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Kprawn
Legendary
*
Offline Offline

Activity: 1904
Merit: 1073


View Profile
June 22, 2017, 03:17:37 PM
 #3

the speed at which people have been doing these ICOs that is a little bit concerning.

I agree with Jackson Palmer

Scammers are taking advantage of people's greed and are creating more and more ico every day.
In the end we have what we have



Ethereum will be the biggest ICO / ScamCoin that will go down in flames and it will serve as a warning to others not to invest in it. These people

are hunting for "Get Rich Quick" scams and they are going to burn their fingers. The only people who are going to profit from this, will be the

founders & developers. {They got in at the beginning with pre-mined coins and they will make millions on other people's greed who come in at the

end}  Angry

THE FIRST DECENTRALIZED & PLAYER-OWNED CASINO
.EARNBET..EARN BITCOIN: DIVIDENDS
FOR-LIFETIME & MUCH MORE.
. BET WITH: BTCETHEOSLTCBCHWAXXRPBNB
.JOIN US: GITLABTWITTERTELEGRAM
TraderTimm
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
June 22, 2017, 03:46:43 PM
 #4

ETH crashing to 13 bucks on Coinbase was amusing, but it isn't the retrace that typically happens after a parabolic rise.

I think Ethereum still has to fill in that large candle "wick" at the bottom.

It happened for Bitcoin, it happened for LTC when they first started out. ETH is no different.

No matter the catalyst, they will have to contend with a large decline in their future.

fortitudinem multis - catenum regit omnia
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!