what i'm going to say, CANNOT BE DISCUSSED, JUST ACCEPTED, (if you are an honest guy).
1º there is ABSOLUTELY NO GARANTEE THAT ETH WILL GO UP IN PRICE. You can believe it, but no garantee. Are you blind-faith guy?
2º ETH is the worst top 10 performing coin this year, with a dip of 87% in just 9 months. There is NO CRASH LIKE THIS EVER IN CONTEXT.
3º Many people, are VERY WRONGLY compairing this situation with past situation, saying that "as in the past it went up in price" now it will do the same. I´ll give you some reasons why you're mistaken
- ICOS were not dumping coins by that time
- PoS was not even in the minds of people
- Governments were not showing interest to regulate the market
- there were NO LAWS, TAXES, LEGISLATIONS AND REGULATIONS AGAINST THIS MARKET.
- Illicit activities such as drug dealing, money laundering, fireguns selling and crime had free way to pump the coins and use them to evade the control of governments.
- Banks had not banned people from using credit cards to buy coins.
- Publicity was everywhere
- Very large manipulations was being made (already proved) that whales and sharks were placing false buy orders to ride a false hype and get rich very fast.
current situation has NOTHING TO DO WITH PAST YEARS. You are terribly WRONG if you think this year is going to be the same as last year. Terribly wrong.
Now you have to decide: do i believe in ETH to the point that, even having lost 86% of it's value, it's going to rise?? Remember that MANY ICOS had a terrible amount of coins. The market is FLOODED with coins. Great amount of coins WITH NO DEMAND = price drop (the reason behind we are like this).
I will tell you another prediction ( i was on the spot the last 5 times ETH dipped). If this situation goes Flat in the next 24-48 hours, another dip in price will occur.
Want and advice?? be ready to lose all money invested on ETH if you hold.
1. What about the numbers in your signature?
600$ for ETH and 9K for BTC by end of 2018. And i'm being REALLY REALLY optimistic. 21:22 PM 11.07.2018. Spain.
Do you still believe it? Because from what you said it doesn't look like you think ETH will rise 3 times in USD price by end of 2018.
2.
what i'm going to say, CANNOT BE DISCUSSED, JUST ACCEPTED, (if you are an honest guy).
What is that supposed to mean? Please learn the rules of civilized discussion, unless you don't want to look like Kim Jong-un.
3.
- PoS was not even in the minds of people
What times are you talking about? PoS was first introduced in a paper by Sunny King and Scott Nadal in 2012 and Ethereum was proposed in late 2013 by Vitalik Buterin. Development of Ethereum was funded by an online crowdsale that took place between July and August 2014, while Peercoin which combines Proof-of-Stake and Proof-of-Work algorithms was introduced in August 2012.
4.
- Governments were not showing interest to regulate the market
False. Governments were showing their interest to regulate crypto market from the very beginning. What has changed is their approach which is more friendly today than, say, 4 years ago.
5.
- Publicity was everywhere
Yes, but it was mostly
bad publicity. There are much more positive news on crypto today than in the past.
What I meant to say is that I'm not convinced by your arguments against the bright future of crypto and Ethereum in particular, which I believe is ahead.
