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Introducing the LemonFools Personal Finance Calculators

Ethereum

Any other investment discussions eg. peer to peer lending
ap8889
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Ethereum

#110339

Postby ap8889 » January 13th, 2018, 11:54 pm

Just thought it worth starting a thread on my crypto of choice.

Dipped my toe in today. Fear of missing out on a good thing. Lets see what happens!

BobGe
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Re: Ethereum

#110492

Postby BobGe » January 15th, 2018, 2:43 am

ap8889 wrote:Fear of missing out on a good thing.

...a good thing?

GoSeigen
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Re: Ethereum

#110531

Postby GoSeigen » January 15th, 2018, 8:45 am

ap8889 wrote:Just thought it worth starting a thread on my crypto of choice.

Dipped my toe in today. Fear of missing out on a good thing. Lets see what happens!


As you have announced it to the world, would you be kind enough to provide a brief investment case?


Thanks,

GS

ap8889
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Re: Ethereum

#110575

Postby ap8889 » January 15th, 2018, 10:34 am

There is zero investment case, this is a pure speculation on the hope a greater fool may appear. Fun money only!

GoSeigen
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Re: Ethereum

#110630

Postby GoSeigen » January 15th, 2018, 1:00 pm

ap8889 wrote:There is zero investment case, this is a pure speculation on the hope a greater fool may appear. Fun money only!


Thanks for the honesty, I hope you're a very little fool. ;-)

GS

Clitheroekid
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Re: Ethereum

#172975

Postby Clitheroekid » October 11th, 2018, 12:09 pm

I just noticed a news item that Ethereum has dropped from a height of $1,353 in January to just over $200 today.

Did you sell, or are you still holding, and if you are still holding do you anticipate a recovery or a further decline?

bungeejumper
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Re: Ethereum

#173472

Postby bungeejumper » October 13th, 2018, 12:38 pm

I have a work associate who 'invested' a sizeable chunk of the proceeds from his house sale in electroneum*, last January, at 18 US cents. It's currently trading at 2.2 cents, and as recently as mid-September it was down to 0.5 cents. Not even the 12% daily rises that he's seen on some days since then have been able to put the smile back on his face. The clown.

ISTR that, earlier this year, a couple of American banks had a try at estimating the "true, fair value" of bitcoin, taking into account its popularity, its liquidity, its "money supply" rarity and its fungibility as a currency you could actually buy things with. One bank, I think, came up with $2,200, and the other $2,600 or thereabouts. Think I'll give BTC a miss for the time being.

BJ

(*Technical note: as far as I can tell, electroneum appears to be a currency that's been designed entirely for use in online gambling. The risk, therefore, could presumably be expressed as gambling squared. Are you wearing your lucky underwear, punk?)


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