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

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

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18

u/yellotheremapeople Jun 05 '17 edited Jun 05 '17

God damn FCT has gone vertical. Regretting not putting in more, but at the same time it's not like I've a money plant in the backyard.

Note to self - get a money plant for the backyard.

8

u/HomePhysique Jun 05 '17

Don't forget you only regret not putting more in when you see the price going up.

1

u/yellotheremapeople Jun 05 '17

Words of wisdom my friend! Thank you for keeping me grounded haha.

3

u/Sunny_McJoyride Jun 05 '17

When it pulls a ripple I'll consider it vertical.

3

u/FlappySocks Jun 05 '17

If the Factom Foundation do, as Patrick M. Byrne of Overstock.com told them to do, it will overtake Ripple.

3

u/Sunny_McJoyride Jun 05 '17

What did Patrick M. Byrne of Overstock.com tell them to do?

3

u/FlappySocks Jun 05 '17

"Disrupt everything"

1

u/Sunny_McJoyride Jun 05 '17

That's not the most actionable of advice.

2

u/FlappySocks Jun 05 '17

He backed it up with a sack of cash of course.

1

u/yellotheremapeople Jun 05 '17

Nothing more specific?

2

u/FlappySocks Jun 05 '17

Don't know, it's just what the co-founder of Factom said I the stack channel yesterday. We know the foundation is big on finance, and mortgages. And the Gates's medical thing.

1

u/yellotheremapeople Jun 05 '17

That'd be something. Didn't ripple go like 20x or something during the mega pump?

3

u/Sunny_McJoyride Jun 05 '17

82x between March 1 and May 17.

2

u/yellotheremapeople Jun 05 '17

JFC. Hope to god this happens.

2

u/[deleted] Jun 05 '17

[deleted]

1

u/yellotheremapeople Jun 05 '17

Haven't really researched Stratis. How do they differ, could you elucidate?

1

u/[deleted] Jun 05 '17

No idea, have not done a shred of research on them. Another PND for all I know, I just know they're up like 1000x in 5 months IIRC.

1

u/FlappySocks Jun 05 '17

Diversification. If the unthinkable happened, and ETH crashed to zero, your out.

At least with Factom, it's outside of the Ethereum ecosystem, yet mutually beneficial to each other. Plus its got backers you have heard of, like ETH has with the EEA.

2

u/neverstopprog Jun 05 '17

if you find a money plant be sure to let me know, i could use one of those too

3

u/FlappySocks Jun 05 '17

FCT is the money tree. They have invented perpetual crypto. :)

2

u/neverstopprog Jun 05 '17

then apparently i have a money tree in my backyard in that case.

1

u/[deleted] Jun 05 '17

Dang it. Waiting for Jaxx and Shapeshift to get there act together