Quote from: rdnkjdi on April 27, 2016, 03:14:29 AM

"Scam" doesn't really seem relevant here. Ethereum talked about what they planned on trying to deliver over a year and a half ago in these forums and did exactly that. They came out with prototypes long before release. If they'd run off with all presale money without delivering then "scam" might be appropriate but when someone does exactly what they say they are going to try to do you can't classify it as a scam - doesn't really fit the dictionary definition. Words mean stuff ... save scam for when it applies (and FUD too for that matter).

As to the scaling - ethereum has a roadmap that should lead it into feasable scaling with casper. At Bitcoin's current trajectory even quadrupling the transaction load would be death. At least ethereum acknowledges it as a problem and is taking proactive steps. Not some hellish wallet hack that should be done thru a hardfork WITH a blocksize increase.

FWIW I feel as uneasy with my money in ethereum as bitcoin. But his big picture view of what could happen with a price increase -> volume increase -> clogged transaction -> halving -> price drop -> further hash drop -> further price decrease reflects what I've been thinking for the last few months. I give it some probability of happening and I see it discussed very little.

At $500+, I don't know why anyone in their sane mind would hold Bitcoin. You aren't going to make +100% gain from $500 in 2016. No way Jose! The point of holding Bitcoin is for a long-term bet and with a lot of capital. For your quick 10 baggers, you have to play the bets with altcoins.

The dollar will appreciate 30 - 50% from now through end of 2017. Since Bitcoin is a preservation of capital holding, it is a no brainer to sell Bitcoin $500 to $600 and hold dollars until later in the year and get some clarity.

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

P.S. I've removed rdnkjdi from my Ignore list because he only went there because he asked me to, he doesn't deserve to be grouped with the real trolls, and his posts lately are more thought out.

Quote from: TPTB_need_war on April 27, 2016, 04:45:02 AM

Quote from: BitFomo on April 27, 2016, 01:56:05 AM

Quote from: TPTB_need_war on April 27, 2016, 12:54:34 AM

Quote from: BitFomo on April 27, 2016, 12:53:10 AM

Dont trust anyone who claims to know the exact date the market will crash.

Except the person who has done it so many times.

Again it is never "the market will crash on this date". It is always an "if this, then that".

All i now is that his 2015.75 prediction got blown out of the water. Zerohedge has been 'predicting' the great crash ever since 2009.

Try reading this thread before you put your foot in your mouth.

I already documented that the Baltic Sea index's dead cat bounce peaked exactly on March 13/14 turn date. And the 2015.75 turn date coincided precisely with either the refugee crisis start or Putin entering Syria (I forgot which it was).

Armstrong never predicted a market crash on 2015.75. This is the turn date for the major downtrend for the sovereign debt crisis. And we got a major push to destroy Europe on precisely that Sept 30/Oct 1 date.