What is Ethereum and how come it's shares have sky rocketed?
Discussion
I still don't get how many of you are confusing the Ethereum platform with the Ether token. There's no reason for the token to accrue value. It is not a store of wealth and was never intended to be. I just don't get it. The fundamentals have a huge hole. Make hay whilst the sun shines, but watch out for the incoming gales. I say this as a holder of some of these. I picked them up at the beginning for peanuts out of sheer curiosity. I am still curious & absolutely fine if they hit a zillion quid but I'd be intellectually happier understanding why 
Behemoth said:
I still don't get how many of you are confusing the Ethereum platform with the Ether token.
you have been saying the same thing for months whilst the price has rocketed in value, as well as saying it will disappear, which hasn't happened, maybe time to say you are wrong in what you think about ethereum?The Spruce goose said:
you have been saying the same thing for months whilst the price has rocketed in value, as well as saying it will disappear, which hasn't happened, maybe time to say you are wrong in what you think about ethereum?
I am not wrong in what I think if I don't understand You're not answering my question, though, so I guess you don't really understand your own investment either. btw, I think it's been a month & I'm quite content to contemplate this for a lot longer 
Behemoth said:
I am not wrong in what I think if I don't understand You're not answering my question, though, so I guess you don't really understand your own investment either. btw, I think it's been a month & I'm quite content to contemplate this for a lot longer
i don't own much ethereum atm. Do people that invest in telsa understand what they are investing in, i am not sure? i think eth has risen due to the issues with btc as well as options it offers over btc amongst. You're not answering my question, though, so I guess you don't really understand your own investment either. btw, I think it's been a month & I'm quite content to contemplate this for a lot longer it is also great that eth and tokens can be stored together. November is alleged date to move to pos, i think the price may hit 0.75k by end of year, i have got price predictions right so far.
The Spruce goose said:
i don't own much ethereum atm. Do people that invest in telsa understand what they are investing in, i am not sure?
It is great you have taken your profits. People often seem to throw money at things and have no idea what they are doing. I'm sure it's true of Tesla, too. I'm not like that. I always take time to understand what I am investing in. I take risks, but I'm cautious about it, if that makes sense.Listened to a great Podcast Today.
Tim Ferris ,Nick Szabo and Naval Ravikant
Loads of good info and the explanations within it enabled me to put the pieces together and understand the market properly (within reason)
Highly recommended!
http://tim.blog/2017/06/04/nick-szabo/
Tim Ferris ,Nick Szabo and Naval Ravikant
Loads of good info and the explanations within it enabled me to put the pieces together and understand the market properly (within reason)
Highly recommended!
http://tim.blog/2017/06/04/nick-szabo/
Behemoth said:
Most people buy Bitcoin and use that to buy Ether ( or any other alt)
Didn't think of that. Thank you.So I'd buy Bitcoin from Localbitcoins, where's the best place to use this to buy ETH, that's what I'm really interested in
Edited by Hamsterdam on Monday 12th June 20:53
or just use a trading platform, this way you don't need to hold the coins, and thus have no liquidity issues.
http://etoro.tw/2sh6KiU
(Yes, Its a referral link!)
http://etoro.tw/2sh6KiU
(Yes, Its a referral link!)
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