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A comment on 153k Ether Stolen in Parity Multi-Sig Attack. Parent comment

Re:153k Ether Stolen in Parity Multi-Sig Attack by vasilipupkin on Thursday July 20, 2017 @08:00AM (#14811675)
Downvoters, since you know how to indentify bubbles, I'm assuming you shorted ethereum on margin on GDAX when it hit 400 and made a ton? No? If not, why not, if you knew definitely it was a bubble ?
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Re:153k Ether Stolen in Parity Multi-Sig Attack by Taek on Thursday July 20, 2017 @11:21AM (#14813246)
Because it's very hard to figure out where the top of a bubble is, and if you short a bubble asset too long before the peak, you go broke, even if you are correct.

Don't short hopium.

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Re:153k Ether Stolen in Parity Multi-Sig Attack by vasilipupkin on Thursday July 20, 2017 @01:26PM (#14814526)
Well, now we are talking semantics. You don't get to claim you are correct if your forecast turns out to be wrong. So, if you identify a bubble, part of the requirement to say that you succeeded is that you can identify the top. Otherwise, your "knowledge" that it's a bubble is useless
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