Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
Couldbe
on 21/05/2016, 00:23:35 UTC
Quote from: Mrpumperitis on May 21, 2016, 12:11:03 AM
Quote from: Couldbe on May 20, 2016, 10:33:46 PM


In summary the article concludes:
"It’s a steep mountain to climb with considerable risks and failure more likely than success."

Dude i heard all this when i first got into BTC. When it was under $20 nobody cared. Then once it became worth something, the warnings come out...just like yours above.
Crypto is risky, be it BTC, ETH or THE DAO, your fiat will go up and down alot.
Most investors are aware of this before investing.
So thanks for heads up and gd luck with your own investment choices. 
Quote from: Mrpumperitis on May 21, 2016, 12:11:03 AM
Quote from: Couldbe on May 20, 2016, 10:33:46 PM


In summary the article concludes:
"It’s a steep mountain to climb with considerable risks and failure more likely than success."

Dude i heard all this when i first got into BTC. When it was under $20 nobody cared. Then once it became worth something, the warnings come out...just like yours above.
Crypto is risky, be it BTC, ETH or THE DAO, your fiat will go up and down alot.
Most investors are aware of this before investing.
So thanks for heads up and gd luck with your own investment choices.  

You imbecile. I was being objective in quoting an article that raised concerns. Don't just pick on part of my post to obscure it in a meaningless fog to hide the implications from most investors, of which I am one. Here it is in full:
Quote from: Couldbe on May 20, 2016, 10:33:46 PM
CAUTION Advised

I don't want to rain on anyone's parade, but everyone should read this CoinTelegraph article:

http://cointelegraph.com/news/dao-episode-2-risks-ahead-or-can-the-experiment-fail

Lots of "considerable risks" including the fact that Ethereum will drop in price due to the DAO. $100s of millions of ETH have been invested in creating DAO tokens. These tokens will be used to fund projects. To fund projects the DAO tokens will be cashed into fiat $ via ETH. This flood of ETH sells will most likely make the ETH price plummet.

In summary the article concludes:
"It’s a steep mountain to climb with considerable risks and failure more likely than success."