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Could we agree that everyone who writes anything about crypto puts at the end of his/her post a disclaimer telling us if he/she is invested in tokens discussed

Could we agree that everyone who writes anything about crypto puts at the end of his/her post a disclaimer telling us if he/she is invested in tokens discussed in that post and if yes what is the share in their portfolio. You know, if I was invested in eg IPFS I would post night and day in all forums subtle not too obvious hints how great IPFS is (pump) and then I would dump them. Or to be clear, any discussion about crypto might be motivated by financial incentives which makes a meaningful technical discussion quite hard. Let's start with @jashmenn, are you invested in Ethereum and IPFS? Edit: downvoters please explain why

kaffeemitsahne 9y ago
It's not necessary when you consider the much simpler alternative: just assume that everybody is lying for their own profit.
skewart 9y ago
> Edit: downvoters please explain why I am shocked, shocked I tell you, that you would suggest any ICO investor might let their financial position influence the way they talk about cryptocurrencies. These people are visionary investors who selflessly pour their resources into ICOs, not mere speculators looking to make a quick buck on a greater fool. /s You make a really good point. I'm genuinely excited about blockchains and cryptocurrencies, but it's so hard to find writing about it that isn't thinly veiled asset pumping.
dmix 9y ago
> You know, if I was invested in eg IPFS I would post night and day in all forums subtle not too obvious hints how great IPFS is (pump) and then I would dump them. Credibility is much more apparent than you may think on sites like HN/Reddit. Shameless self-promotion without any substance won't get you far. Fortunately software doesn't live or die on name recognition via random posts on social media but on whether people actually find it useful. If this was someone's plan to make money on their investments they are wasting their time. Unless, maybe, they are a minor celebrity with a lot of reach. Disclaimers on whether you own some tokens in a company is of marginal interest to me (authoring news stories is another matter), I'll judge the value of it by the proposition being made. Otherwise I'm pretty sure anyone who's been on the internet for a long enough time knows better than to take any recommendation at face value from comment threads. And being an investor is a sign of confidence, it doesn't automatically mean you are deluded by the idea or are only motivated in pumping it up for a cheap profit. Either way if someone's plan is to engage in pump and dump schemes they'll always be at a high risk of being in a race to the bottom trying to exit before everyone else with the same half-baked idea of getting rich quick. It's not as clever as you make it out to be. There is always a far higher probability that they were the actual 'bigger fool' in any scheme than they people they hoped to recruit.
- SkyMarshal 9y ago
  >Credibility is much more apparent than you may think on sites like HN/Reddit. Shameless self-promotion without any substance won't get you far. Then why is the comment at the top of this thread, which says nothing of substance (for the HN crowd at least), the top voted comment so far?
0xdeadbeefbabe 9y ago
Yes, that is it! That is why the Ethereum website looks so different than other opensource software project websites. It's the speculation.
khedoros1 9y ago
> Could we agree that everyone who writes anything about crypto puts at the end of his/her post a disclaimer telling us if he/she is invested in tokens discussed in that post and if yes what is the share in their portfolio. No? That seems like a silly question. If I'm the kind of person to hype something so that I benefit at your expense, then I'm unlikely to be the kind of person to tell you about the trap I set. > Or to be clear, any discussion about crypto might be motivated by financial incentives which makes a meaningful technical discussion quite hard. In general, anything dealing with other humans introduces ambiguity of motive. A good technical argument should deal with concrete facts, which can be verified and evaluated on their own terms, independent of the motive of the person that provided them. Take it as a given that you can't completely trust anyone else's motives.
hobofan 9y ago
> Edit: downvoters please explain why Maybe because there is no "investing in IPFS". I mean there is Filecoin on top of IPFS, but you can love IPFS even if you don't give a damn about Filecoin, as it has been a well maintained project for the last ~2(?) years. Disclaimer: I don't hold any file coin, but I enjoyed using IPFS for some hobby projects.

kaffeemitsahne 9y ago

It's not necessary when you consider the much simpler alternative: just assume that everybody is lying for their own profit.

skewart 9y ago

> Edit: downvoters please explain why I am shocked, shocked I tell you, that you would suggest any ICO investor might let their financial position influence the way they talk about cryptocurrencies. These people are visionary investors who selflessly pour their resources into ICOs, not mere speculators looking to make a quick buck on a greater fool. /s You make a really good point. I'm genuinely excited about blockchains and cryptocurrencies, but it's so hard to find writing about it that isn't thinly veiled asset pumping.

dmix 9y ago

> You know, if I was invested in eg IPFS I would post night and day in all forums subtle not too obvious hints how great IPFS is (pump) and then I would dump them. Credibility is much more apparent than you may think on sites like HN/Reddit. Shameless self-promotion without any substance won't get you far. Fortunately software doesn't live or die on name recognition via random posts on social media but on whether people actually find it useful. If this was someone's plan to make money on their investments they are wasting their time. Unless, maybe, they are a minor celebrity with a lot of reach. Disclaimers on whether you own some tokens in a company is of marginal interest to me (authoring news stories is another matter), I'll judge the value of it by the proposition being made. Otherwise I'm pretty sure anyone who's been on the internet for a long enough time knows better than to take any recommendation at face value from comment threads. And being an investor is a sign of confidence, it doesn't automatically mean you are deluded by the idea or are only motivated in pumping it up for a cheap profit. Either way if someone's plan is to engage in pump and dump schemes they'll always be at a high risk of being in a race to the bottom trying to exit before everyone else with the same half-baked idea of getting rich quick. It's not as clever as you make it out to be. There is always a far higher probability that they were the actual 'bigger fool' in any scheme than they people they hoped to recruit.

SkyMarshal 9y ago
>Credibility is much more apparent than you may think on sites like HN/Reddit. Shameless self-promotion without any substance won't get you far. Then why is the comment at the top of this thread, which says nothing of substance (for the HN crowd at least), the top voted comment so far?

0xdeadbeefbabe 9y ago

Yes, that is it! That is why the Ethereum website looks so different than other opensource software project websites. It's the speculation.

khedoros1 9y ago

> Could we agree that everyone who writes anything about crypto puts at the end of his/her post a disclaimer telling us if he/she is invested in tokens discussed in that post and if yes what is the share in their portfolio. No? That seems like a silly question. If I'm the kind of person to hype something so that I benefit at your expense, then I'm unlikely to be the kind of person to tell you about the trap I set. > Or to be clear, any discussion about crypto might be motivated by financial incentives which makes a meaningful technical discussion quite hard. In general, anything dealing with other humans introduces ambiguity of motive. A good technical argument should deal with concrete facts, which can be verified and evaluated on their own terms, independent of the motive of the person that provided them. Take it as a given that you can't completely trust anyone else's motives.

hobofan 9y ago

> Edit: downvoters please explain why Maybe because there is no "investing in IPFS". I mean there is Filecoin on top of IPFS, but you can love IPFS even if you don't give a damn about Filecoin, as it has been a well maintained project for the last ~2(?) years. Disclaimer: I don't hold any file coin, but I enjoyed using IPFS for some hobby projects.