Ethereum Protocol Developer Holds $115k Worth of DAO Tokens

Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by curiousgal on Wednesday June 29, 2016 @09:40PM (#12006059)

Investing 101: never invest more than you can afford to lose.

I shorted ether after this whole debacle started but the fact it's still trading above $10 is mind-boggling. I believe in the technology and that this will benefit it in the long-term but for now, it's either in one huge bubble or someone is fixing things up.

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by jfoutz on Wednesday June 29, 2016 @10:16PM (#12006181)

Even more important, Never speculate with more than you can afford to lose.

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by NickNameNick on Wednesday June 29, 2016 @10:32PM (#12006225)

Alternatively: A market can afford to be 'wrong' for longer than you can afford to bet against it.

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by fleitz on Wednesday June 29, 2016 @10:22PM (#12006203)

All investing is speculation.

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by jfoutz on Wednesday June 29, 2016 @10:37PM (#12006242)

ill agree nothing is zero risk. But there is way safer stuff than DAO

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by fleitz on Wednesday June 29, 2016 @10:47PM (#12006265)

Fully agree, I worked with the real jr mining industry, it's the exact same kind of bullshit.

Why not just call it BreX coin and drop the pretense?

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Re:Ethereum Protocol Developer Holds $115k Worth of DAO Tokens by soconfused1 on Thursday June 30, 2016 @07:29AM (#12007799)

TheDAO was explicitly a bad investment, it was like investing in Slockit but without having any actual shares or legal recourse.

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