26000 Elephants wrote: » The exchanges are the ones taking your money now, instead of the opportunistic ICO promoters, largely due to increased regulatory scrutiny. Exchanges can more tightly define the terms of the scam er... IEO to better circumvent securities law. None of these projects have a viable usecase, but rely on hype, lack of understanding, boiler rooms(discord/telegram) and threads like this to fuel a pump. Exchanges are there at every point along the transaction, hoovering up the capital of the greedy. But then that seems to be the fun of it. Just as long as you don't take it seriously.
Mucky_Tackies wrote: » Can you let me know its name and the exchange I might purchase it on pls, thx?
Truckermal wrote: » If anyone is looking for a solid investment you can't go wrong with BNB coin.
KilOit wrote: » I got that coin under a dollar, no way I'd invest in it when it's inflated with the ico's on binance
Truckermal wrote: » Wow that's a nice profit but it's climbing nicely all the time!
KilOit wrote: » Hah your assuming I didn't sell it all.
Addison Fancy Macrame wrote: » BTC doesn't close ... That said, we are up over 2 grand on the monthly.
Truckermal wrote: » ] I hope you didn't!
makeorbrake wrote: » I wouldn't necessarily say that none of them have a use case. There have been some - although plenty of rubbish too. However, this may be a stepping stone towards a more sustainable approach to project fundraising. We'll have to see.
26000 Elephants wrote: » As long as you keep that thought in focus, and abandon any pretense that this is some precursor to future fintech trends then you will be fine.
makeorbrake wrote: » I guess some regulation makes sense and some..not so much. Making investment available globally without restriction and without exclusion on the accredited investor basis is progressive. No doubt a dodge on certain other regulatory features is not such a benefit for stakeholders..
rapul wrote: » I know, he chooses his moments doesn't he. Your some negative chap Johnny, I'm up loads of money by the way since I started stocking up, if you had done the same when u started posting here you'd be well off aswell Johnny but keep on hating holmes! 😉
Dohnjoe wrote: » If someone is so certain that BTC is going to zero they can short the market, it's not hard. If that's not being done then there is little conviction behind the rhetoric. On the other hand the posters who are backing values going up are literally putting their money where their mouth is
26000 Elephants wrote: » As long as Tether exists, BTC will never go to zero, In real terms, its worthless, but as the market has now accepted USDT as a defacto hedge it can be manipulated at will by exchanges to squeeze you whether you go short or long. 90% of rallies and crashes are nothing more than this - see the long string of high value bets get liquidated on the way up and the way down.
26000 Elephants wrote: » Hows your investment doing?
26000 Elephants wrote: » Same goes for ETH: the ICO boom literally became its unique selling point. As long as token schemes can come up with plausible wheezes for the unwary, there will be demand for it. But a real world use case? Come on. Dont be stupid.
grindle wrote: » Why are Deloitte and E&Y so bullish on it then? Why are a majority of senior executives for companies with tens and hundreds of millions in revenue so bullish on the tech? Why has the E&Y blockchain lead said that private transactions would be cheaper on the Ethereum mainnet vs their traditional process by Christmas? Why has the CEO of TUI Group said their entire business process would revolve around Ethereum mainnet in the future? How do you - a man who has no notion what he's on about - know better than captains of industry? What is it that you know that they aren't grasping?
Deub wrote: » To be honest, I am wary of what these captains of industry say. They say what benefit them. Before the 2008 crash, the vast majority (if not all) said everything was fine when they knew otherwise. So I read what they say but don't assume it is the truth.
grindle wrote: » Fine to be wary, but 26kElephants is implying people who do read up on these things are stupid, likely (seemingly anyway) without knowing anything about what Ethereum is or what it aims to do. He seems to believe it's as complex as BinanceChain, just a protocol to launch ICOs, nothing more. Anybody with their eyes open knew 2008 would happen, we just didn't know when. 2006 on seemed like a turnpoint to my mind, things were obscene, everybody was so "Yaw yaw yaw" arrogant and everybody would get to flip their house for a healthy profit (hmm, greater fool...something sounds familiar here). The timebomb was always going to blow, we were never going to be capable of earning enough to pay the ever-growing mountain back without some horrific collapse. Which wasn't horrific enough btw, being kept afloat by US and EU fiat(-Tether) printing.
grindle wrote: » Fine to be wary, but 26kElephants is implying people who do read up on these things are stupid,
likely (seemingly anyway) without knowing anything about what Ethereum is or what it aims to do.
He seems to believe it's as complex as BinanceChain, just a protocol to launch ICOs, nothing more.
rapul wrote: » If you have no idea how ethereum works then don't comment on it or maybe read up and them comment? What's wrong with folks, jumping on the negative band wagon before even understanding what they are talking about.
