Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Feel free to buy that Eth scamcoin and have the rug instantly pulled out from under you. They're pumping it in order to find momentum traders to dump on to get BTC for the BTC halving. Only idiots hold altcoins during BTC halving.
It gets even worse for the ETH DAO investors, looks like your Eth investment is devalued upon price rise, this is going to end badly, so bad that... Dr Gavin Wood ETH chief scientist & DAO curator resigned , he know's whats coming
https://medium.com/@gavofyork/why-ive-resigned-as-a-curator-of-the-dao-238528fbd447#.4b1m1viv3Hrmm! automated ponzi, progress is the future lol.
Looks like a CMA move as much as anything. No one sane would want to be publicly associated with this. Seems like the vast majority of investors don't really understand what they've got themselves into.
It reminds me of the Paycoin fiasco, and the obscene amount of money it raised when it began. I still wonder if the Bitcoin crash afterwards was partially due to cashing out all the Bitcoins raised through Paycoin. This DAO could make a similar ETH crash.