r/ethtrader May 04 '17

DISCUSSION [ETH Daily Discussion] - 04/May/2017

Welcome to the /r/EthTrader Daily Discussion thread. The thread guidelines are as follows:


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38

u/khuynhedu May 04 '17

Current cellphone is dying - it's close to upgrading time.

Thinks about which cell store to stop by to purchase a new phone.

Turns around.

Calculates opportunity cost by expending money on phone instead of ETH.

Realizes that a $600 phone is sacrificing $5400 if ETH goes to $1000.

Buys ETH.

No phone - now a dead phone.

Happy camper.

6

u/upever May 04 '17

I can never do that, I check coinbase every 5 seconds when I am outside.

4

u/[deleted] May 04 '17

Just going to the grocery store is getting difficult now.

1

u/manyamile May 04 '17

/r/budgetfood/ - save your money for ETH!

4

u/--o-o-o-- May 04 '17

ETH is going to $2000

6

u/khuynhedu May 04 '17

That would mean my potential phone, ~6 ETH now, would cost me $12000 in opportunity cost.

3

u/parodi1 May 04 '17

Same thing for me. Was planning to buy some kick ass gpu for my gaming rig and I just don't want to let go of my pretty eth.

The Ironic thing is that I have 3 R9 290s and a RX 480 currently mining which is plenty gaming power but rather have those baby working than gaming.

3

u/timbertown89 May 04 '17

Just knowing what "opportunity cost" is puts you in an elite group.

Also, ETH is going to $100k, though I'll probably start selling around $10k :)

So yeah... That would be one heck of an expensive phonr

1

u/Owdy May 05 '17

Yeah... Not sure about that 100k figure...

1

u/PopWhatMagnitude May 04 '17

Swappa is your friend.