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      "author": "kaitlynmoore01",
      "body": "Interesting article.  I was about to start a similair discussion. I'm not sure if coins are that high risk. The quality coins are here to stay and it's like buying in at the S&P 500 50 years ago. Cryptos will fall and rise  at a more rapit phase any investment market has ever seen. Just hold (literaly) and enjoy the ride.  Does anyone know about:  https://www.coincheckup.com They give great insights in the team, the product, advisors, community, the business and the business model and other techincal insights.  On:  https://www.coincheckup.com/coins/Ethereum#analysis For the Ethereum Investment and research analysis.",
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      "body": "I was thinking exactly the same!! There is always a pull back and with my luck the same would have happened... I am still waiting for the price to drop even more before I would. Good luck in the future with your tradings!!",
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      "body": "* HEY guys,, I know I havent posted anything in a long time... but I have been extremely busy with studies🙈\n\nOkay but what I wanted to say is:\n1) I hope that you are having a amazing day!!\n2) Check out the following altcoins.\n3) Focus on discipline when looking into the market.\n\n*On point number 2*\nI have inversted recently into some stratis when it was at JUST 6 dollars and today it is already at 8$ !! Well its not that much growth but I see Stratis reaching back to the 10$ mark. \n\n ![image](https://img.esteem.ws/3ny63cxvg5.jpg)\nAnd the there is the ticket to the moon!!! I personally have missed out on this coin for now....but when the coin falls back I will be sure to get into it if the price drops a bit!! This coin is NEO ( ANS) and it did extremely well.\n\nI have talked about antshares or neo in one of my previous post but IF YOU HAVENT INVESTED INTO IT PLEASE CHECK IT OUT! This is China's ethereum and we are still in early stages and there is still lots more to come form this. Neo is the peanut butter to your jam sandwich😂 I'm just waiting for a correction in the  price since it just went up to 40$ last night from just a small 5$ a few weeks back! Check out this coin on coinmarket cap and see for yourself...\n\nAnd lastly I just want to say that dont be to hasty when buying your coins! Example,, dont jump into the hyle now with neo for you dont know when the crash( pull back) or correction will happen!  Just wait a bit and reassess the market. We are all going to MOOOOON guys and I will see YOU there. \n\nHope this helped and let me know what other altcoins you think is going to do well in August or in the longterm?? Leave a upvote please for this helps me out en share this post!\n\nLove Andre Ben",
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      "body": "Guys please read this important article I found on cryptocoinsnews.com that has to be read!! Follow the site for more information\n\n2017 has been a watershed year for bitcoin and cryptocurrency in general. The bitcoin price has soared to record levels, and initial coin offerings have raised more than $1 billion in funding.\n\nCryptocurrency proponents allege this rapid growth stems from increased recognition that this technology presents an almost limitless number of use cases. Critics compare bitcoin to the 17th-century Dutch tulip bubble and say that its value is derived entirely from speculation.\nhttps://cdn4.cryptocoinsnews.com/wp-content/uploads/2017/08/bitcoin-price-2017-chart.png\nbitcoin price\n2017 Bitcoin Price Chart from CoinMarketCap\nNYU finance professor Aswath Damodaran weighed in on the debate on his personal blog, Musing on Markets. Damodaran takes a more moderate tone than some of bitcoin’s more vehement critics, but he falls squarely in the skeptic camp, suggesting that bitcoin may just be a “dangerous pricing game.”\n\nBitcoin’s Weak Link\nDamodaran comes to this conclusion by analyzing bitcoin’s usefulness as a currency. He states that a currency’s standing is measured by how well it serves as a unit of account, medium of exchange, and store of value. He says that cryptocurrency’s “weakest link” is “their failure to make deeper inroads as mediums of exchange or as stores of value.” Specifically, he indicts bitcoin for having little retailer acceptance, echoing Morgan Stanley’s recent claim that acceptance is “virtually zero.”\n\nDamodaran says that bitcoin has yet to see wider transaction acceptance because of inertia (the public is slow to embrace change), price volatility, and competition from other cryptocurrencies. He says that price swings make bitcoin popular among traders but hamper its ability to gain acceptance as a unit of exchange. He blames developers and the community alike for promoting bitcoin as a way to get rich, although he does not give specific examples to confirm this claim.\n\nDamodaran encourages people to honestly assess whether bitcoin’s usefulness as a currency justifies its record price levels or whether it is just a “dangerous pricing game with no good ending.”\n\nIf you believe that bitcoin will eventually get wide acceptance as a digital currency, you may be able to justify [bitcoin’s current price], especially because there is a hard cap on bitcoin, but if you don’t believe that bitcoin will ever acquire wide acceptance in transactions, it is time that you were honest with yourself and recognized that is just a lucrative, but dangerous, pricing game with no good ending.\n\nBitcoin Must Compromise on Privacy and Centralization\nNevertheless, Professor Damodaran is bullish on digital currency’s potential to compete with fiat national currency, with the caveat that he does not believe bitcoin or any other currently-existent coin will do so:\n\nI believe that there will be one or more digital currencies competing with fiat currencies for transactions, sooner rather than later, but I am hard pressed to find a winner on the current list, right now, but that could change if the proponents and designers of one of the currencies starts thinking less about it as a speculative asset and more as a transaction medium, and acting accordingly. If that does not happen, we will have to wait for a fresh entrant and the most enduring part of this phase in markets may be the block chain and not the currencies themselves.\n\nOne reason he doubts bitcoin will succeed is that it is too committed to privacy and decentralization. For bitcoin or another digital currency to gain mainstream acceptance, he claims, it must make compromises in regard to user privacy and centralization:\n\nI know that we live in an age where trust is a scarce resource and I argued that that the growth in crypto currencies can be attributed, at least partly, to this loss of trust. That said, to be effective as a currency, you do need to be able to trust in something and perhaps accept compromises on privacy and centralized authority.\n\nMany in the cryptocurrency community would undoubtedly consider that a devil’s bargain.\n\nWhat is your opinion about this?? Let me know in the comments and I hope all your crypo's do well!!",
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      "title": "Is bitcoin's price dangerous??"
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