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re: Official CryptoTalk Thread
Posted on 4/30/17 at 7:28 pm to dabigfella
Posted on 4/30/17 at 7:28 pm to dabigfella
What do you think is driving this? I mean, I bought at $80 and it's gone up 2 bucks in thirty minutes.
Is it simply awareness??
Is it simply awareness??
Posted on 4/30/17 at 7:48 pm to bayoubengals88
not at all. If I had to guess honestly, fundamentals. It's like your thread where I pounded the table on Tesla at $244 if Mobileye was worth $15B. Tesla vision is worth more than mobileye alone and tesla has a market cap barely over $40B at that juncture. If BTC is worth $21B+ why isn't ethereum worth at least $150 right now, bc thats $14B and 2/3 of bitcoin.
From everything I read fundamentally speaking, ethereum is a better platform. Mainly bc java, there were alot of things about bitcoin that ethereum does better. Like Lsuto omaha mentioned the smart contract, the big businesses using it,etc. All in all same concept more room to grow due to early in crypto life cycle imo.
Again at the end of the day whether its legit or not in the eyes of alot of people, it was up 15% today and that was real money that could have been made. You can't ignore these future trends from social media to cryptocurrencies to electric cars based on valuations. We're an incredible society and we're always moving forward, so why would you invest in the past? Im actually pretty intrigued by alot of the applications ETH is compatible with. I really think it has some incredible real world applications in the near future.
I really wish I could make a decent sized bet on this stuff under $100 and let it ride but it looks like Im relegated to $5000/week now on coinbase until 59 days from now. I read alot about this stuff and I told myself Im going to buy all that it allows me to buy until $100. Then forget about it, and see where it goes. So far I've been able to procure like $6000 worth between the bank transfer and what it allowed me to buy on my credit card which isn't much.
From everything I read fundamentally speaking, ethereum is a better platform. Mainly bc java, there were alot of things about bitcoin that ethereum does better. Like Lsuto omaha mentioned the smart contract, the big businesses using it,etc. All in all same concept more room to grow due to early in crypto life cycle imo.
Again at the end of the day whether its legit or not in the eyes of alot of people, it was up 15% today and that was real money that could have been made. You can't ignore these future trends from social media to cryptocurrencies to electric cars based on valuations. We're an incredible society and we're always moving forward, so why would you invest in the past? Im actually pretty intrigued by alot of the applications ETH is compatible with. I really think it has some incredible real world applications in the near future.
I really wish I could make a decent sized bet on this stuff under $100 and let it ride but it looks like Im relegated to $5000/week now on coinbase until 59 days from now. I read alot about this stuff and I told myself Im going to buy all that it allows me to buy until $100. Then forget about it, and see where it goes. So far I've been able to procure like $6000 worth between the bank transfer and what it allowed me to buy on my credit card which isn't much.
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