LogFAQs > #881329385

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Topic	Somebody took my advice and is now on his way to being a fellow millionaire.
Sativa_Rose 06/18/17 2:12:12 AM #56:	De Evolution posted... Sativa_Rose posted... Manocheese posted... The price is primarily driven by speculation right now. Wait for it to crash to $50, then buy in. Do people even really use ETH for transactions? Probably not much outside of some darknet drug markets. It's probably virtually all speculation (and has been for a while) But the infrastructure behind the Ethereum platform is growing rapidly. ICOs, new dApps, growing interest, more speculators, more developers, and lots of press attention. The main crypto currency exchanges are so inundated with new applicants that they are backlogged trying to approve everyone. Signs are extremely bullish for Ethereum. Shit we're already at 377 now past the 375 sell wall on GDAX and climbing, Do you guys commenting even know what you're talking about? I don't know much, which is why I asked a question. I do think that much of the recent price action (since early 2017) in cryptos in general is the result of speculative hype, but I admit that I am not informed on the details of what has been going on with the infrastructure type stuff you just mentioned. --- I may not go down in history, but I will go down on your sister. <cite>Sativa_Rose posted [p:881329385] in Somebody t... [t:75444485]...</cite> <quote><cite>De Evolution posted...</cite> <quote><cite>Sativa_Rose posted...</cite> <quote><cite>Manocheese posted...</cite> <quote>The price is primarily driven by speculation right now. Wait for it to crash to $50, then buy in.</quote> Do people even really use ETH for transactions? Probably not much outside of some darknet drug markets. It's probably virtually all speculation (and has been for a while)</quote> But the infrastructure behind the Ethereum platform is growing rapidly. ICOs, new dApps, growing interest, more speculators, more developers, and lots of press attention. The main crypto currency exchanges are so inundated with new applicants that they are backlogged trying to approve everyone. Signs are extremely bullish for Ethereum. Shit we're already at 377 now past the 375 sell wall on GDAX and climbing, Do you guys commenting even know what you're talking about?</quote> I don't know much, which is why I asked a question. I do think that much of the recent price action (since early 2017) in cryptos in general is the result of speculative hype, but I admit that I am not informed on the details of what has been going on with the infrastructure type stuff you just mentioned. --- I may not go down in history, but I will go down on your sister.</quote> ... Copied to Clipboard!
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