Date: February 19th, 2018 12:49 PM Author: Henna Hunting Ground
I'm bearish too, but remember that Tezos will ostensibly be running on a functional blockchain. ZIL is still an ERC TTToken that is still delaying the launch date. Earliest we'll see a will launch is October
Date: February 19th, 2018 1:37 PM Author: Henna Hunting Ground
you are correct. I just wanted to establish the difference between where the projects are. everyone's going to be taking initial investment and probably profits as well. and the breitmans have basically said they're going to dump their coins to fund the project. I'm expecting a huge dump and will be part of it
Date: February 19th, 2018 2:31 PM Author: Indecent multi-colored hairy legs set
Hmmm let’s game this out though. Doesn’t it sound retarded to knowingly sell your assets into a “huge dump?” Wouldn’t it be smarter to wait for some kind of recovery from an initial dump? Certainly it’d be stupid to sell even before it even hits the major exchanges IMO
Moreover wouldn’t it be smart to buy up cheap tezzies during this expected firesale? Maybe the answer is crypto is retarded, but I’m hardly the best game theorist trading crypto and smart money probably holds bigger sway than retarded neckbeards at this point
Date: February 19th, 2018 4:47 PM Author: Henna Hunting Ground
Idea is to sell at the beginning of the dump after the initial pop rather than waiting. Then I’d probably buy back my stake at a much lower price and keep the profits. This is what the ZIL icoers did and made bank
Date: February 19th, 2018 4:53 PM Author: Indecent multi-colored hairy legs set
Fair enough. This seems impossible to execute with much precision (why is there going to be an initial pop if literally everyone expects a subsequent crash), but good luck
Date: February 19th, 2018 5:18 PM Author: Henna Hunting Ground
I’ve done this before (MYST and SAN were big gainers). If you look at other ICOs, the initial pop-crash cycle happens pretty consistently. Happened with ZIL as well. I don’t think “literally everyone” is expecting a crash. If you look at the Tezos telegram there’s a lot of optimism/delusion. Tezos futures are mooning on this news right now as well.
Date: February 20th, 2018 9:57 AM Author: Henna Hunting Ground
“Hodling” through an obvious dump and not locking in 20x profits is stupid and greedy, actually. Plenty of reasons to be bearish on Tezos considering everything that’s happened and all of the turmoil still surrounding the foundation
I think it will do exactly what ZIL did - that is what I mean. POP up then crash and sit there. Sure, many ICO'ers are likely true believers. But I have to think many may just want to unload their bags at this point, given the constant bad news and uncertainty.
Because this is crypto, I acknowledge I could be horribly wrong. Also, I'm not discussing future/long term potential, which is a big unknown for all of crypto at this point.
So, Tezos is like Ethereum, but with a few tweaks? And it's run by a creepy husband and wife team with little to no real-world business success? Yeah, no thanks.
Date: February 20th, 2018 10:53 PM Author: blue locus faggotry
he definitely doesn't have "superior technical credentials" in the sense of raw intellectual horsepower. buterin is a legitimate sperg autodidact genius who was deep into this shit as a teenager
that doesn't really help running the foundation, but buterin is about as capable as it gets from the technical side of things.
Date: February 19th, 2018 4:49 PM Author: Indecent multi-colored hairy legs set
I mean I’m not sure how to think about Tezos but this isn’t that good a post imo. A better version of ethereum seems like a decent value proposition - you have to at least say why it’s not.
And since when has the real world business success of the key developers been a driving factor behind the success of an open source blockchain protocol? ethereum is led by a pre teen Russian virgin and bitcoin was conceived by an anonymous nerd. What relevance is it that they seem creepy? Basically I award your conclusion 5/10 (since I’m not sure about it yet) but give all your premises 0/10 points IMO.
Date: February 20th, 2018 8:21 PM Author: emerald pervert locale
Tezos is designed for a longer term play against Ethereum.
If Ethereum's benevolent oligarchy leadership remains popular and in control, it should be able to remain on top. If the benevolent oligarchy loses their hegemony over upgrade approvals, then Tezos has a powerful opening. (See, e.g. , the backlash this month to the proposed Parity bailout.)
Date: February 21st, 2018 8:38 PM Author: emerald pervert locale
"It's an insurmountable barrier to adoption, and the developers are keenly aware of this. They know they have free reign over the network, and they're starting to get a little cocky about it."
Date: February 21st, 2018 10:25 PM Author: blue locus faggotry
lol at the fucking retards upvoting the first guy and downvoting the second who points out the "merge" in this case is just getting in the draft to then vote on (ie this step is mainly for ensuring submitted proposals adhere to the formatting and quality standards)