Post
Topic
Board Altcoin Discussion
Re: Ethereum is great, but not money, which is why Poloniex has an XMR market.
by
mtnsaa
on 03/03/2016, 00:17:18 UTC
All of this is such a gamble, it's unreal.  And I mean bitcoin as well--Warren Buffett said he doesn't invest in anything he doesn't understand, and I probably should follow in his footsteps with cryptocurrency.  I'm not a computer or really a math type of guy and I cannot claim to understand how all of these things work.  These things are prices moving up and down, actions which I understand but cannot predict.

You say ETH is not money.  OK.  What is the value of these ETH tokens then?  I have yet to see someone dumb it down to retard-level for me.  And I mean get down to retard and then go a few inches further down.

ETH is a token but in the Ethereum platform you can create any crap coin like Monero if you like in a second (that is if you have the skills). The cockroaches are coming out of the dark because there's fire everywhere. Ethereum is coming for them all, they had their time and they failed, even Bitcoin if you ask me. But at least Bitcoin will remain as a storage of wealth, it has proven its worth and it has a relatively stable price. I think that was its original intention, to be more of like digital gold, not a payment system (which is completely useless if you ask me).