95 Crypto Theses for 2018

medium.com

40 pointsuptown4 comments

I stopped reading after this:

"The time to make money in ICOs was in 2015 and 2016 when they were contrarian. Almost everything else more recently was either a) restricted to insiders, or b) underperformed vs. BTC/ETH. (If you can’t spot the sucker at the table, you’re the sucker.)"

This is easily disproven by using a spreadsheet and comparing CoinMarketCap prices on Jan. 1 2017 to Dec. 31 2017.

https://coinmarketcap.com/historical/20170101/ https://coinmarketcap.com/historical/20171231/

Referring to cryptocurrencies as "crypto" is wrong. Crypto means cryptography.

And the internet doesn't "go down" merely your connection to the internet isn't working.

It's already a popular term and it's not going to stop no matter how much it doesn't make sense. If enough people believe something, it becomes the standard.

Like 'cloud' coming to mean anything connected to the Internet.

Reply on news.ycombinator.com