Well it's finally here, the little pumps are nothing more than to keep the exiters price up. The ATH will never be hit again and I expect in 6 months for the price to be about 25% of what it is now.
Which is where it was about 6 months
ago. Shorters, on your mark! LOL @ angry bag holders on polo
That seems true. If there were no ico bans in China I guess we could've safely named neo as the coin in which the money will flow. Unfortunately, without Chinese support I believe it cannot compete with ethereum anymore. I think that money will stay in eth as long as new problems (like the need to switch to pos which is always there somewhere awaiting for us) don't appear on the scene. The only other option that comes to my mind is Waves, because it is also rather useful for icos to be built on.
Wasn't waves a scam where the devs just ran off with the ICO?
this is an inevitability that will happen to ethereum and all the projects that are like it: full of flaws with little to offer. the only reason that it took off was because the initial "idea" was a great thing and they had a very good advertising team who also pumped the coin greatly.
i personally believe in a slow death for ETH not a sudden crash and blood. there are still many who believe in the illusion and the foundation is pretty rich. the pumpers won't let the price drop hard, foundation also has long term plans for the staking of ETH to get more profit on their millions of premined coins.
ETH is the go to currency for ICO's and will likely continue to be until someone comes along with something better and more credible.
there are actually better platforms for ICO, much easier to start a project on them. but it is the "go to" because it is hyped and it is easy to copy paste another ICO into your own because duplicates are easier to find even if you don't understand a single line of code.
True Dat.
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The only question is where is this money going to flow too? Fiat? Doubtful as no-one wants to claim those gains!
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That's two questions.
HAH, you kind of got me. the first one is the actual question the other one "Fiat" is there for others to give their opinion on specially as we know much of the capital is from outside the Scene.
Nice Bloody night last night, I wonder what tonight holds? Shows what the east is saying. I watched quite a few walls run away last night. from 300btc to 90btc @.028569 in about 20 minutes. All those 400eth walls were fake that run away. I see they are back in different denominations. It's dawning on the mid level holders now that they cannot cash out.
