Nice work M'leev. Or you could actually even buy again now or soon if it goes a bit lower
The thing about cashing out is... once it becomes money in your bank, it feels more real. Now if I go back in, I'm like "do I really want to risk all this money on crypto?"
Anyway, I still have some left in to play with.
By the way, this was what Vidale said at the time:
With each passing day, the technical debt of many projects is increasing. Very few, if any, have a working product or service. But that's not even the worst part. When/if they DO come out with a 'working' product or service, you will witness the greatest problem to be slammed down on all of crypto: no one gives a fuck about usecases or the functionality of projects like WAVES/LISK/ICONOMI/DASH/GOLEM/AUGUR/WHATEVER, people only want fuckyoumoney returns on their 'investment'. This realisation, that the market consists predominantly of investors and not people actually wanting to use the blockchain tech, will send everything tumbling down save for the FEW and RARE serious projects.
Your signature is a prime example of the issue, one I predicted in early 2016 and this year being the culmination before the inevitable crash. Slap together a 'whitepaper', throw around terms like 'disrupt', 'immutability' and 'powered by blockchain technology', add some 'advisors' (like Max fucking Kordek or some obscure Russians) and voila, rake in the cash of noob investors, never release a viable product or attract a serious target audience and run away when the bubble bursts.
Your signature is a prime example of the issue, one I predicted in early 2016 and this year being the culmination before the inevitable crash. Slap together a 'whitepaper', throw around terms like 'disrupt', 'immutability' and 'powered by blockchain technology', add some 'advisors' (like Max fucking Kordek or some obscure Russians) and voila, rake in the cash of noob investors, never release a viable product or attract a serious target audience and run away when the bubble bursts.
... of course, we could be back over $110bn market cap in a few days. Nobody knows for sure.
That is a great F'ing quote. I wish I had sense enough to cash out a month ago. It is painful to watch over $20k in value evaporate but I think we have all been in this game long enough to know that things don't go up forever and we should all still be in profit. Though some things that only went up 40-50 % are getting pretty close to my buy levels.