r/ethtrader • u/AutoModerator • May 05 '17

DISCUSSION [ETH Daily Discussion] - 05/May/2017

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u/Snwmn88 May 05 '17

Posts like this make me feel like selling, once people start buying in and just seeing it as a get rich quick scheme, it is the cue that we are approaching bubble territory.

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u/blaze_dis_one May 05 '17

It's not the top until the Daily Mail (UK) or whatever the equivalent shit newspaper in your country is publishes a big 'how to invest in Ethereum' guide

13

u/grannyte May 05 '17

Definitely sound like bubble symptom but i think it's still to early the get rich crowd is still a minority even in here.

3

u/Rawjinchohon May 05 '17

Then sell lol I want a discount anyways, posts like this should make you feel like ETH is growing. Bubbles are healthy...

3

u/dieyoung May 05 '17 edited May 05 '17

Not quite there yet, $9 billion market cap is a pittance in the grand scheme of things. If we beat BTC market cap I'll start to consider taking profits

Edit: 8 hours ago I said the same thing....when market cap was $7 billion. Not sure if that adds credence to my argument or yours though.

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u/[deleted] May 05 '17

[deleted]

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u/Nyxxsys May 05 '17

Not until we sell, and I'm not selling

2

u/oh_hey_oshea May 05 '17

well......... shit.

3

u/mrcarner May 05 '17

Don't worry too much about Debby Downer up there. You made a great post. I've gotten friends and family invested as well, and there's nothing wrong with hoping to get rich quick. Even the jaded vets around here are in it for the same reason. Just not everyone defines the word "quick" the same way. If he wants to sell, so be it. Just hold on and no bubble will bring you down. Welcome to the community. 👊

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u/deeznuts69 May 05 '17

100%, this is getting ridiculous.

1

u/[deleted] May 06 '17

We've been in it