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RE: THE ETHEREUM RIP IS COMING AND YOU'RE GOING TO WANT TO BE A PART OF IT

in #ethereum7 years ago (edited)

I think the reason for the breakout is Wall Street hedge funds are buying it up to put into ICOs...this is my opinion. Just as BTC had big delays to fill orders a week or so ago as hedge funds were stocking up, buying the dips. All ICO pump and dumps benefit BTC, because people make their 10x and store it in BTC. How to benefit from any ICO without participating? Buy BTC.... this is just an observation. All HYIPs feed BTC. More air in that balloon....what would it take to pop it? Coordinated government action. Jamie Dimon actually has a point. I believe in blockchain technology, and its applications. But is it always going to be monetisable via ICOs? I love the new Aussie ICO, CanYa, release date 26 November, but will its coin, CAN, be a successful cryptocurrency? I love its idea, as it's capable of being a true barter coin....but CAN it build, and retain, value?? That's a stretch....Ether is valuable for what it can enable...

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