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RE: Is This The Beginning Of A Huge Ethereum Sell-Off?
How things change, only a couple of months ago Ethereum was going to oust Bitcoin as number 1 and now it is full of problems. My guess is anything could happen, it could rebound or it could flop either way the investors have to make their choice.
I agree 100%. I'm just a little guy, lol, so I'm trying avoid major crashes... and I think we might be in for another one with Ethereum. Thanks for the read and reply.
Oh Cheese Louise. I think people are overreacting to what is still basically Alpha software and an Alpha ecosystem.
News flash people! ETH wasn't meant to scale this quickly, so fast. Rome was definitely NOT built in a day. ETH has so much promise that people are adopting it well ahead of its true Beta: Metropolis and well ahead of its final form: Casper.
All these criticisms of ETH are valid, however you all are basically doing the equivalent of judging an All-Pro caliber player while he's still in High School, instead of judging the player by what he does in the NFL. The fact that we're seeing these problems at this Alpha stage is NOT a friggin surprise if you've been in the R&D world like I have since 2004. Progress is never a linear straight path up. If y'all can't handle volatility and buggy software that needs fixes, you really should NOT be investing in any cryptos.
And if your headline does somehow come true even after the EEA3 news: Ima just buying more secondhand ETH from more weak hands. So: go ahead, sell your ETH and make my day. :D
I made a very nice profit on Ether and moved it to LTC before it dropped 50%. I'm still holding it in LTC, and will buy back in, but I don't want to do it now. I'm going to wait to let the market bottom out and buy back. I'll be with you buying back in.
You make great points and I agree with you and like the analogy. This blog is definitly mean in the short term to shift some money around to avoid another big sell-off? If I thought Ethereum was over, the title would have been "Is This The End Of Ethereum? lol. I know what you are saying and you are right, but I'm thinking through the August 1st Bitcoin deadline. Just shifting coins around to avoid losses in short-term. I believe in the long term, but I play in the short-term.