Ethereum For Investors #17 - The Future Of Ethereum Post DAO Hub Attack - By Tai Zen



1. bitcoin halving 2. success of hard fork 3. people dumping ethers after hard fork 4. What to do? a)less potential for upside b) more potential for the downside c) live to fight another day

Comments

  1. Who heard about the ethtrade http://bit.ly/2bWoZng what do you think about it? It is said that the increase Ethereum rating by investment. The popularity of the platform is growing rapidly.
  2. you cashed out at 3000% profit haha. If your short term trading your cashing out on any sort of profit. You guys can't time when its at its highest level you don't need ot lie to kick it. You guys get worried and cash out on the tiny profits you get. Anyone maknig serious money in any sort of investment are long term traders that hold it for years. You or anyone else doesn't know what will drive up or down on a price of any sort of investment. People assume to much is why people lose money in the stock market. Or they make a fake story how they timed the market even though they are short term trades and sold when it was at its peak and bought when it was at its bottom. All lies. You can hear terrible news and the price goes up. Sometimes good news and the market goes down. Same goes for bitcoin or anything you invest in. You have to ask yourself where it will be in 10 years and if your not sure don't invest into it. If you can't hold it for 10 years its not worth investing in.
  3. seems like you were wrong about eth :v
  4. Hey buddy. Where can i go and purchase Factom coins and hold them?
  5. also i think its summer now not much happens in july. i think stuff is going to happen at the end of august with the new scool year. and going on to the end of the year.
  6. also dont forget about the people behind vitalik. like blythe masters. there the masters of manipulation. i think stuff will be fine.
  7. sell ETH , buy XEM

    thank me later ;)
  8. I agree with most things you said in the vid, although it's risky to think BTC will go up just after halving. It might do so, but there's a saying in cryptospace which is ' buy the rumour, sell the news' so BTC might drop first coming months. Also most people think it will go up so many long positions probably, chances are it will go down then to wipe out stop losses. We'll see what will happen.

    I sold my Ethers several weeks ago, but not just because of the DAO fiasco. You made a vid about the Etherium value stack a while ago so what we clearly learned is that when one project on top of the Ethereum platform fails, it has a huge impact on Ether price and the reputation of Etherium. It's something I forgot to take into account as a potential risk. Just like you I spread my risk by having a portfolio to deal with storms like this. Currently I hold Waves, Factom, Sia and BTC. Want to get into a 5th one, but I don't like Lisk at all, maybe I'll go for New Economy Movement or the upcoming Zcash. Need to do some more research first. Keep up the good work mate.
  9. There is no constant or proven correlation between BTC and ETH price. As you can see right now ETH and BTC are both going up. Sometimes they go in opposite direction, but that doesn't mean there is a correlation. It's way more complex than that.
  10. Thank u brother for this video. I needed some insight on what was going on. This was very helpful. 🖒
  11. Ether is the only crypto with real world application, . seems silly as the problem was with the DAO not ETH. i sold all mine at 0.024 and bought double this week at 0.014. i dont doubt i may go lower and btc will go higher but i have a surprise feeling ethers fall was intentional as it as very large corporate investors whom would love to buy it up half off. but hey wtf do i know.? in the end I can see Ether become just as valuable as BTC. Factom will also do amazing
  12. I appreciate your analysis and insights. Please keep it up. Thanks.
  13. I agree with Tai. I dumped my DAO when it cratered to 11¢ and haven't looked back since. The failure of the soft fork was creepy and now the prospect of even a successful hard fork is ominous. There are bad days ahead for Ethereum. I would rather park my investment in BTC, go through the halving, then buy back into ETH when it's rock bottom and slut ugly at $2. I still believe in the tech but I think VB and the Eth Foundation are in big trouble. They may not survive this. I don't have proof but I believe the DAO Attack was an inside job. One of the ETH devs is the Attacker. Who else knows Solidity that well?
  14. Hey Tai, I've heard along the grapevine here in Australia, that if Ethereum hard forks, australian banks are out because their business transactions are now at the mercy of the Ethereum development team, and no longer secure enough for australian banks to use. (True/false, I don't know for fact)
  15. I always find your videos helpful. I did what you did. Dumped my Ether and put that into Bitcoin. I have no idea where the bottom is for Ether and I didn't want to find out. Thank you again for your very informative videos.
  16. Buy cheap or at resistance.

    I'm going in on Ethereum if it falls below $7, or goes to $13 and meets resistance for a 2 week period. The total ROI for Ethereum is > than going long on Bitcoin right now, and despite the DAO mess, from what I've read it seems Bitcoin has serious issues to contend with as well.

    Despite any of this, I think current investors are aware of the blockchains true value to business and commerce, and while I have no idea how long it will take, there's not a doubt in my mind that a 100% adoption rate of cryptocurrency will take place in my lifetime. This is a long game that's going to play out over the coming decades.

    If you own a stake in Bitcoin as of 2016, you're in the 0.014% - 0.057% of investors, and its hard to imagine Bitcoin or another cryptocurrency not crossing the 5% threshold in the next 15 years. So hold on tight boys and keep your heads straight, we're going to the fucking moon with this one.
  17. I got out of Ether until it goes to 0.002 maybe so I will be rebuying when it bottoms.
  18. I dont trust vitalik. And he should not be trusted!

    Why? Cuz he knew about IT 1 week before. He even tweeted, reminder dao has nothing to do with the ethereum BUT it was that took the hit on the price.. Makes no seens
  19. Hey Tai I tried directly messaging you on Twitter but for some reason I was unable to...I just wanted to say thanks again for you videos and insight. I just wanted to throw my 2 cents out there incase it helps you or anyone else. The halving was supposed to take place around the 10th, 11th, or 12th and I was under that assumption as well until I checked out www.thehalvening.com I don't believe there is a set date in time but rather when the 420,000 block is mined that is when the reward will drop. As of right now it's actually showing that the halving will happen on Saturday July 9th at 16:57 GMT which is 12:57 EST. A few weeks ago I saw someone saying that a day or a few days before the halving would be the best time to solidify their posistions and take their profits. Being that the halving date is actually closer and some people might still think it's set for July 10 or later what do you think will happen? You think it's possible that people are shorting BTC now and trying to make


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Duration: 12m 30s

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