Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
iCEBREAKER
on 17/06/2016, 20:30:50 UTC
Where's primer-?   Grin

Bad day for Ethereum. Vitalik did the right thing, miners make the final decision and so far there seems to be a consensus.
I haven't sold a single ether and i hold almost $500k usd worth (@ 0.028). I am more confident than ever that in 2-3 months, with Coinbase's support, we are to see a new ATH..

On another note, Monero pump looking better than ever! I'd love to see .003 soon!

Vitalik did everything wrong.  Last night the potential conflicts-of-interest created by his vast personal holdings of ETH and DAO were actualized.

He should have told DAO to FOAD.  Instead he made a bad situation much worse by throwing exchange operators and users under the bus in a vain attempt to save ETH's highest-profile project.

DAO's incompetent devs and greedy bagholders are solely responsible for the consequences of this fiasco.

But now we have moral hazard spreading to ETH and exchanges as the rot spreads upward.

Is this type of situation going to happen again?

It seems inevitable, given all the dubious low-security shitcoins Polo lists, one or more will be hacked in the future.

When MAID and DASH get hacked, will Polo freeze trading, etc for tangentially related coins like BTC, forcing traders to lock in their losses?

This godawful precedent implies the answer is yes, they will.