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OT: Hot investment tip ITT.

MattAU05

'FULL HOUSE' FAN
Gold Member
Nov 10, 2010
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Daphne, AL
Ok, I think I'm done talking about basketball this year. Unless we make an SECT run. It just makes me too discouraged. So instead, how about we circle back around to a discussion last week on cryptocurrency. We were all enthralled with JimmyChaf's Bitcoin purchase and fight against an evil Polish hacker. But during that thread, someone mentioned Ethereum/Ether, which is a different kind of cryptocurrency.

I researched it a bit and it actually seems to be superior to Bitcoin. It was trading at about $13, so I bought some last week. It is now up to almost $19. Within that week, there were a few big announcements"

https://www.nytimes.com/2017/02/27/...-alliance-business-banking-security.html?_r=0

"Microsoft, JPMorgan Chase and other corporate giants are joining forces to create a new kind of computing system based on the virtual currency network Ethereum.​
Some 30 companies are set to announce on Tuesday the formation of the Enterprise Ethereum Alliance, which will create a standard version of the Ethereum software that businesses around the world can use to track data and financial contracts."​
Then, during the announcement of the Ethereum Alliance on Tuesday, Vivek Kohli of Bank of New York Mellon said: "We are a bank. We would never use Bitcoin." The implication being they WOULD use Ethereum.

I really think big things are ahead for ETH. There's a chance that all crypto crashes a bit if the Bitcoin ETF isn't approved on the 11th. But the more research I do on Ethereum, the more it looks sustainable and like it might be the next big thing. Anyway, maybe I end up being wrong because I don't really know what I'm talking about. But for anyone who is interested, you might want to take a look at it. It is under $19 right now, and plenty of smart people think $50-$100 by the end of the year is possible. And the more hopeful/optimistic think it could surpass Bitcoin over the next 2-3 years (a combination of BTC moving down and ETH moving up). It is at least worth a flyer.

 
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