Quote from: iamnotback on March 08, 2017, 11:31:49 PM

Quote from: thejaytiesto on March 08, 2017, 07:37:25 PM

Quote from: iamnotback on March 07, 2017, 06:51:19 PM

@thejaytiesto, note I edited my post since you quoted it, to remove what might be construed as "investment advice".

I tend to agree with you, I'd prefer to invest in something I think has a significant long-term future. For me, I can't invest in (hold) anything other than Bitcoin right now (because it is just my cash flow account), because otherwise I only want to invest in what I am working on. Because I compare the feature sets and I have confidence.

However, for speculators and traders, they aren't thinking that way. They want the fastest way to get a ROI, rinse and repeat.

I can't access how well Byteball will do over the long-term. Clearly the lead developer (Tony aka Anthony) is hard working, conscientious, capable, and smart. But the way he structured the transaction fees really made me think he isn't thinking holistically enough about design and long-term. But I am not omniscient and I can't keep up with every design change that every project does. So it would be crazy for me to tell people not to be intrigued by Byteball. I am. So much so, that I dedicated the last chapter (major section) of my whitepaper to Byteball's DAG stability point consensus algorithm.

As a bitcoin holder, how are you going to deal with the following days regarding the ETF? Looks like the price may tank. Im considering selling some in Poloniex using the USDT, wait a couple of days and rebuy back, i've seen a lot of people wanting to do this, this leads me to believe we may see a serious dip and I don't want to be the idiot watching the price tank, at least if I can profit from it I will feel better, since im sure it will recover im not worried long term but I need to make more BTC and this seems like a good opportunity. I doubt price will go any higher than $1200 before dump party begins.

Of course there is the possibility of ETF passing and the market going nuts about it and we may see $1300+... but odds are against that.

If I had a verified account on Poloniex so I could trade to fiat, I would probably consider selling 20% as a hedge at some price north of $1250. I would not buy into altcoins because when Bitcoin's price declines, more money moves from altcoins into Bitcoins to take advantage of the dip opportunity. So altcoins decline more on a percentage basis than Bitcoin. The time to buy altcoins is as Bitcoin starts to rise significantly, then altcoins go bonkers, but sell the altcoins before Bitcoin peaks. Note sentiment about the ETF event is perfectly balanced.

[/color][/b]

WRONG! you need to study up son.