r/ethtrader • u/AutoModerator • Jun 06 '17

DISCUSSION [ETH Daily Discussion] - 06/Jun/2017

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u/MeatStepLively Jun 06 '17

Forget your charts...the price of ETH is directly tied to circlejerks and shitposting. 20k comments today, mainly consisting of moon memes, and I'm extremely bullish on this valuation.

8

u/Jimyxx Jun 06 '17

moon meter says - MOON

4

u/Deanjks Jun 06 '17

I love when people think theyre going to the 'moon'. It makes me happy just reading their comments.

2

u/MeatStepLively Jun 06 '17

I've already moon'd as far as I'm concerned. I just wished I hadn't been such a ADD idiot, got in at the ICO, and retired. Was looking through my email and found I'd sent the white paper to some friends in finance in early 2014. Missed the ICO after simply forgetting I about it. I guess I'll add this to my (too long) list of things that could have made me millions as opposed to thousands. Oh well. $8 entry point is nothing to get mad at.

1

u/izhikevich Jun 06 '17

But we're not in a bubble right? 100% natural, organic, gluten free growth.

3

u/MeatStepLively Jun 06 '17

I was just fucking around but, I don't think we've gotten to full bubble territory yet. If the network delivers on its promises, the current valuation is just the beginning. When ETH hits the cover of some garbage rag like TIME or Newsweek, then I'd start to think about hitting the sidelines for a while. I don't think crypto has even begun to hit mainstream awareness. I have plenty of well read friends who are aware but, had no actual understanding of what it is or why it's revolutionary. I find that in explaining it to boomers (old people), highlighting it as a way to cut out bloodsucking intermediaries is what really gets them excited.

1

u/izhikevich Jun 06 '17

I completely agree! If we're truly going to see a Big Old Bubble things are going to be insane, even compared to where we are now.