Post
Topic
Board Announcements (Altcoins)
Re: VERITASEUM DISCUSSION THREAD
by
Dorky
on 19/07/2017, 01:45:16 UTC

TL;DR Conclusion:

 • If you want to accumulate dollars using VERI as a vehicle, possibly hold as there is more mileage in all of crypto and VERI will be riding the wave
 • If you want to accumulate Bitcoin or Ether, take profits now cos this is as good as it gets according to history :-)


Nope, wrong. And you are giving very bad advice.

Dollars are no longer part of any consideration going forward, unless you don't believe in inflation, or high inflation, or hyperinflation.

Dollars are also no longer part of any consideration unless you do not believe the blockchain + cryptocurrency industry is going to totally displace the current existing monetary system.

If I want to accumulate Bitcoin or Ether (Ether by the way is not a wise investment, even Vitalik Buterin implied the same, unless you intend to say he is not as smart as you, thus should not be part of the consideration), then I should seriously consider VERI all the more and continue to buy-n-hold.

But you have just made a big mistake saying it here advising people to "take profits now cos this is as good as it gets according to history" because months if not years from now, this statement of yours will be used against you.

Edit:
If a gullible person listened to your way of thinking and refrain from participating in VERI project even from the start, he would have missed out tons of opportunity now.
Your argument on the "market cap" isn't less valid back at the start of VERI as it is today, I am sure, which goes to mean if you started telling people to take profits now (relative to Bitcoin accumulation), you would be totally wrong all the way until now. But of course now being now and not the future, nobody can validate your advice until we reach the future, in which what you say today will be used against you.