Response to Craigs YouTube Post about the rise of Ethereum

in #crypto8 years ago

I am watching your videos regularly, just for fun, but this video is just spreading
a big junk of fud about Ethereum.

If you didn't see his video you find it here https://www.youtube.com/watch?v=NNqu3Nv29Tk or his post on STEEM https://steemit.com/cryptocurrency/@craig-grant/cryptocurrency-morning-report-by-craig-grant-july-22-2016

I think what you are saying is true for every product in the world. Stocks, Property, Gold and as well for crypto, but we would you state it as just Ethereum is got pumped right now?

In my opinion the pump right now has fundamental reasons

  1. The DAO "problem" got solved. The investors got their Ether back and this big issue is now over.
  2. At the same time Coinbase added Ethereum to his wallet. This is huge news. The biggest wallet provider in the US added Ethereum, this will make the adoption much easier.

So we have 2 fundamental drivers who pushes the prices higher, without your "I sell you 1.000.000 Ether you sell me yours". If you think this way, you should be open to state the same to STEEM.

STEEM is much more centralized and could be pumped much easier then Ethereum as the second biggest Crypto right now.

Consider, that most of the time the speculators are wrong and all the shorters get burned and they fuel the rise as well. They have to cover their losses.

So keep going, but you should be more "neutral".

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but the military helicopter confirmed me, so I know I'm right :)

so he was here to watch you ;D

"Virgin Galactic is a bold entrepreneurial technology. It's driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency." - Sir Richard Branson

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