Consider buying Ethereum

[Butta]

Yeah, i was planning to slowly invest into ETH for long term eventually. Was either ETH or Decred

if you can get any ETH below $70 , get it

 

[kc]

Decent time to buy, especially if ETH starts creeping around the $70 mark.

 

[Xenophis]

Since ETH just previously touched the 33% ETH/BTC cap recently, I can envision a scenario not too far off where BTC corrects to around $1k and ETH gains an extra billion cap putting it right at about 50% cap. Inching towards the milestones, still so much good news for ETH this year. Even if BTC doesn't correct as much as I think it will at some point, ETH will be much more valuable by the end of 2017 than it is now, that's for sure.

 

[Butta]

Found this thread earlier, please make sure to also read the comments. It's a wall of text but worth investing 30minutes in. You always have to see both sides of the coin.

Is Ethereum About To Crash? • r/ethereum

 

[Butta]

Minute 3:02 - "Expecting over 200 Companies to join"

 

Found this thread earlier, please make sure to also read the comments. It's a wall of text but worth investing 30minutes in. You always have to see both sides of the coin.

Is Ethereum About To Crash? • r/ethereum

Massive and total kek

Cows are coming home

 

[Butta]

Massive and total kek

Cows are coming home

not sure what you are on about, maybe you are trying to say that i am not tunnel visioned like people @ ripple.

 

not sure what you are on about, maybe you are trying to say that i am not tunnel visioned like people @ ripple.

I would have the same views on eth, bitcoin and all blockchain algorithm coins I do now regardless of whether I liked ripple. I am not the one with tunnel vision. Perfectly reasonable arguments are put to you and you can't accept them.

Eth has become the Venus project.

 

[Butta]

I would have the same views on eth, bitcoin and all blockchain algorithm coins I do now regardless of whether I liked ripple. I am not the one with tunnel vision. Perfectly reasonable arguments are put to you and you can't accept them.

Eth has become the Venus project.

did you read the comments? i doubt.
funny part that the guy who posted this, only posted negative stuff about any crypto, looks like you found a soulmate!

 

did you read the comments? i doubt.
funny part that the guy who posted this, only posted negative stuff about any crypto, looks like you found a soulmate!

I'm reading the comments.

No solutions and why would there be? If any of these people had solutions to scaling (which remains the main problem with eth and all blockchain algorithm coins) they would be making their own coin or writing a patch for ethereum.

Consider if I didn't own any ripple. I would still make this same commentary based on my observations from a computer science standpoint. What would you accuse me of then?

Remember that you were warned well in advance when the collapse comes.

 

[Butta]

I'm reading the comments.

No solutions and why would there be? If any of these people had solutions to scaling (which remains the main problem with eth and all blockchain algorithm coins) they would be making their own coin or writing a patch for ethereum.

Consider if I didn't own any ripple. I would still make this same commentary based on my observations from a computer science standpoint. What would you accuse me of then?

Remember that you were warned well in advance when the collapse comes.

everytime you mention that your are computer scientist i have to giggle, this guy is a computer scientist too. so what?
As an early BTC holder, this is my take on Ethereum • r/ethtrader

Remember that you were warned well in advance when the collapse comes.

many of us invested in the very early stages, i would hold no matter what.
BTC is supposed to collapse since day 1.

 

@Butta

You seem to be triggered by my posts. I guess it's because you're totally invested in Ethereum right now. All I can say is, I know blockchain technology well - i wrote blockchainsql.io, built color coin remittance system and working on something special in Blockchain at the moment (in the scalability area).

All I've provided is some balance to the sea of euphoria and hype out there. There are people throwing life-savings and mortgage accounts at Ethereum right now because they believe it will run Uber, Banking, Ebay on it soon. It cannot.

That's the author of the post you linked on reddit. When I made a video pointing out the technical flaws in ethereum and other blockchain algorithm coins I posted it on r/cryptocurrency and some other subreddits. But interestingly it was only developers who seemed to agree. This demonstrates imho a large disconnect between the level of understanding of the issues between the authors of coin software and the consumers/investors.

I suggest rather than trying your hardest to pretend these voices don't exist or making up fantasies about them being shills that you learn the fundamentals for yourself, read the white papers and properly understand the arguments being presented.

 

everytime you mention that your are computer scientist i have to giggle, this guy is a computer scientist too. so what?
As an early BTC holder, this is my take on Ethereum • r/ethtrader

Well yeah I have a degree in software design. What's your qualification?

 

[Butta]

@Butta
"
You seem to be triggered by my posts. I guess it's because you're totally invested in Ethereum right now. All I can say is, I know blockchain technology well - i wrote blockchainsql.io, built color coin remittance system and working on something special in Blockchain at the moment (in the scalability area).

All I've provided is some balance to the sea of euphoria and hype out there. There are people throwing life-savings and mortgage accounts at Ethereum right now because they believe it will run Uber, Banking, Ebay on it soon. It cannot."

That's the author of the post you linked on reddit. When I made a video pointing out the technical flaws in ethereum and other blockchain algorithm coins I posted it on r/cryptocurrency and some other subreddits. But interestingly it was only developers who seemed to agree. This demonstrates imho a large disconnect between the level of understanding of the issues between the authors of coin software and the consumers/investors.

I suggest rather than trying your hardest to pretend these voices don't exist or making up fantasies about them being shills that you learn the fundamentals for yourself, read the white papers and properly understand the arguments being presented.

1. i can pull out my money from ETH any second, so your "argument" is pretty useless.
2. "look up the fundamentals" . check btc charts
3. I do not need to mention my qualification to push my ego online/to look smart.

edit: as an early investor i don't really care about a collapse, i have doubled/trippled my investment

 

1. i can pull out my money from ETH any second, so your "argument" is pretty useless.
2. "look up the fundamentals" . check btc charts
3. I do not need to mention my qualification to push my ego online/to look smart.

edit: as an early investor i don't really care about a collapse, i have doubled/trippled my investment

Ok so you made money shilling your piece of shit coin. Stop lying to people about it being a good long term investment. It is not. Stop pretending it has solved scaling. It hasn't. As you said take your money and get out before the house of cards comes down. Stop selling a house of cards as a luxury resort.

Unbelievably slimy.

 

[Butta]

Ok so you made money shilling your piece of shit coin. Stop lying to people about it being a good long term investment. It is not. Stop pretending it has solved scaling. It hasn't. As you said take your money and get out before the house of cards comes down. Stop selling a house of cards as a luxury resort.

Unbelievably slimy.

Could you please link me where i mentioned "long term" , because i can't find it.
"Stop pretending it has solved scaling" - if it's solved, it will be too late.

edit: define long term? for some people 1month is long , for others it's 10 years

 

Could you please link me where i mentioned "long term" , because i can't find it.
"Stop pretending it has solved scaling" - if it's solved, it will be too late.

edit: define long term? for some people 1month is long , for others it's 10 years

Oh please people talking about the future of ethereum and dapps... You're talking years into the future. Shilling it beyond belief. It's a half built product forked from an almost unworkable algorithm with no actual fixes to that algorithm. Anyone who is even half way educated in computer science can check that out and confirm it. And they will. And it'll crash.

 

[Butta]

Oh please people talking about the future of ethereum and dapps... You're talking years into the future. Shilling it beyond belief. It's a half built product forked from an almost unworkable algorithm with no actual fixes to that algorithm. Anyone who is even half way educated in computer science can check that out and confirm it. And they will. And it'll crash.

yet X amount of computer scientists are working on it

let's not mention the EEA members

 

yet X amount of computer scientists are working on it

let's not mention the EEA members

Clearly you are not aware that some problems do not have a solution.

Bitcoin developers have been working on the problem for 5 years, so have numerous academics around the world. Yet no viable solutions. Not saying it's impossible but it hasn't been done yet.

 

[Butta]

Clearly you are not aware that some problems do not have a solution.

Bitcoin developers have been working on the problem for 5 years, so have numerous academics around the world. Yet no viable solutions. Not saying it's impossible but it hasn't been done yet.

That's why you are supposed to invest money you are willing to lose.
Once there's a solution you will be too late as mentioned multiple times already.