Re: With BTC/BU fork around the corner, what would be a good hedge?
Are you seriously trying to pump ETH? Didn't you create the ETH paradox thread bashing it for months???
What are you advocating I hedge BTC with?
Latest info i've read was late march.
Miners don't care about long term if they sell right away. They didn't activate segwit because they could lose short term profits, even though it could take btc to 2k.
http://raiden.network/
https://medium.com/@brainbot/update-from-the-raiden-team-on-development-process-announcement-of-raidex-6c94b4edcf73#.2s8cxvfbe
Miners don't care about long term if they sell right away. They didn't activate segwit because they could lose short term profits, even though it could take btc to 2k.
http://raiden.network/
https://medium.com/@brainbot/update-from-the-raiden-team-on-development-process-announcement-of-raidex-6c94b4edcf73#.2s8cxvfbe
Some chart analysis seems to indicate ETH is undergoing a pump for the following reasons and could reach $200. I've traded some BTC to ETH because:
1. Appears likely ETH will be first to ship some sort of beta for a Lightning Networks instant transactions clone. Although LN (and also Ethereum's Raiden) requires centralized hubs (for any reasonable usability and scaling) and thus aren't generalized instant txns (i.e. can't do what my OpenShare project will do), they will fool the n00bs and there will be a lot of hype value.
2. Numerous ETH smart contract Dapp ICOs underway, driving demand for ETH (at least until those ICO devs cash out to BTC but they will likely hold during the current ETH rocket shot because of #1).
3. Hedge against the current Bitcoin Unlimited fiasco, which is creating a confidence problem for Bitcoin near-term (might cause Bitcoin to waffle for a while?). I believe others will also want to hedge BTC and the above #1 and #2 adds reasoning to diversify into ETH.
I still don't think Ethereum can scale decentralized (Casper is technological junk), but it doesn't matter because the FOMO fever of greater fools will be intensified by the hype value. And I don't think Ethereum smart contract apps will attain any real world adoption, rather their only utility is as speculator gambling tokens. Nevertheless the FOMO hype contagion is going to very intense. So this appears to be the best altcoin to diversify into. ETH is following DASH's recent to-da-moon chart pattern. It is just time.
...
Perhaps you should read the entire post (not just what is quoted) also:
Since you know programming, is Ethereum code as bad as some say? Did you look into it?
I somehow live with the idea Ethereum is too big, too buggy to hold for a long time. The bold area can be interpreted in so many ways..
I somehow live with the idea Ethereum is too big, too buggy to hold for a long time. The bold area can be interpreted in so many ways..
I am shilling for ETH a bit (so factor that in), but I'll try to be objective.
...
LTC? Any other honest coin that doesnt go against what you were preaching here for years? Lol? Not a 72 million premined, unlimited supply, no utility, not a store of value?