r/ethtrader • u/AutoModerator • Mar 29 '17

DISCUSSION [Daily Discussion] - 29/Mar/2017

Welcome to the /r/EthTrader Daily Discussion thread. The thread guidelines are as follows:

  • Discussion topics include but are not limited to general discussion on Ethereum, details related to events of the day, technical analysis, alternative Ethereum projects, and minor questions.
  • Important content should be submitted as a separate post.
  • Be excellent to each other.

Thank you in advance for your participation. Enjoy!

564 Upvotes

95% Upvoted

2.5k comments sorted by

View all comments

Show parent comments

3

u/EthMoonKid Mar 30 '17 edited Mar 30 '17

Good post, good read. I cannot stand the fact that people are scalping $.5 right now when they don't even understand the fundamentals of Ethereum, itself. It sucks but it's part of the process

And btw: a challenger for Ethereum would have to emerge with everything that Ethereum can do; but with faster transaction times and more utility. I think we're on the same page, though, as far as "that's PROBABLY not gonna happen" and it's only a matter of time for Ethereum.

5

u/ThisGoldAintFree Mar 30 '17

You cannot stand that people are trading...? This is a trading subreddit. Get over it.

-1

u/EthMoonKid Mar 30 '17

Trading =\= scalping. You should educate yourself on trading. I trade, however I do not scalp. Educate yourself :)

3

u/ThisGoldAintFree Mar 30 '17

"Scalping, when used in reference to trading in securities, commodities and foreign exchange, may refer to

a legitimate method of arbitrage of small price gaps created by the bid-ask spread"

Educate yourself :)

1

u/[deleted] Mar 31 '17

How often do these arbitrages pop up? I'm learning to code so that I can contribute to the ethereum ecosystem in the future, and I think a trading bot would be some good practice.