/biz/ - Business & Finance

So real talk here faggots!

>Be me.
>Went into ETH 50% port when it was 850$.
>Bought 25% more ETH when 460$.
>Have 25% left. Judging by the current trend, thinking it will go sideways.

Should you put some of your ETH into ALT's that have potential or should you wait until you break the 850$ and then invest in ALT's?

Im just currently clueless about it since i am -45% from my last ATH. What do you do in a situation where your main currency is below where you bought it? Do you put them in ALTs or you wait until it breaks even and then start putting them in ALTs? Share you strat ideas. My strat is to wait until it breaks back to 850$ and then start doing moves.

Any idea why this shit is plummeting? Did some good daytrading gains and now this shit happened.

Im longing till 860, but any reason why this happened? All i can find is some garbage memes on different reddits and not a discussion about this falling.

Discuss faggots.

Eth roadmap is such horseshit

They want to put in zksnarks for privacy which always means trusted set-ups:

> Its only a problem in so far as the trusted setup phase would still need to be done for any mixing contract to be deployed. And if the setup phase is compromised (i.e. all the participants involved collude to retain the initial random seed; even a single honest participant can prevent that), then they could steal ether from the mixing contract (they could create fake proofs of deposits, and then withdraw ether that isn't theirs).
https://www.reddit.com/r/ethereum/comments/5a8k7p/will_a_trusted_setup_be_required_to_bring/d9f67r4/

>The first thing is the party/parties who generate the "common reference string" (i.e. initial secret key) in the "trusted setup phase" of a SNARK. This trusted setup phase is the major caveat, the achilles heel that is a requirement for all SNARKs.
https://www.reddit.com/r/ethereum/comments/5a5ht4/vitalik_confirms_zero_knowledge_proofs_are_on_eth/d9f5hq0/

>There is no mechanism by which a non-participant can establish trust in the setup.
https://www.reddit.com/r/Monero/comments/41vg68/monero_vs_zcash_eli5_fundamental_differences/cz5w9wz/

And it's not even that good of privacy

>Unless you have privacy/anonymity enforced (and thus mandatory) on the protocol level, you will only slightly improve privacy (the blockchain remains non-fungible) because one can still differentiate between certain coins.
https://www.reddit.com/r/Monero/comments/4b92yu/vitalik_buterin_privacy_is_only_good_if_its/d172m4t/