I spent 6 hours reading through posts from 2017 to analyze highly shilled coins. Her
#1
I spent 6 hours reading through posts from 2017 to analyze highly shilled coins. Her

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/rb05hc/i_spent_6_hours_reading_through_posts_from_2017/"> <img src="https://a.thumbs.redditmedia.com/d4YLv4cN1tIhiUnTcMtK2e1JYcCNj2XMlnwHeKeqBj4.jpg" alt="I spent 6 hours reading through posts from 2017 to analyze highly shilled coins. Here's the highlight (Viewer discretion is advised)" title="I spent 6 hours reading through posts from 2017 to analyze highly shilled coins. Here's the highlight (Viewer discretion is advised)" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>As someone entering crypto market this year, I wonder how's the sub was back in the 2017 bull run.</p> <p>So I dig through highly upvoted posts that ask &quot;Your favorite coin?&quot;, &quot;Good coin to hold long term?&quot;, something like that.</p> <p>Here are the highlights:</p> <h1>Exhibit A</h1> <p><a href="https://preview.redd.it/knc6bjdje4481.png?width=951&amp;format=png&amp;auto=webp&amp;s=2af6b337548e81e8266eda4114362b84259bb3c1">Posted 02 Jan 2018</a></p> <p>This is posted on <strong>02 Jan 2018</strong>. Apparently few days before everything peaked then collapsed.</p> <p>I can't see the original post since it's deleted, but the highest upvoted comments has this in their recommendation:</p> <table><thead> <tr> <th align="left"></th> <th align="left">Price at the time</th> <th align="left">Price now</th> </tr> </thead><tbody> <tr> <td align="left">XRB (NANO)</td> <td align="left">33.69</td> <td align="left">3.93 <strong>(-89%)</strong></td> </tr> <tr> <td align="left">REQ</td> <td align="left">0.809</td> <td align="left">0.56 <strong>(-30%)</strong></td> </tr> <tr> <td align="left">XBY</td> <td align="left">0.64</td> <td align="left">0.0005 <strong>(-99.9%)</strong></td> </tr> <tr> <td align="left">XLM</td> <td align="left">0.55</td> <td align="left">0.29 <strong>(-47%)</strong></td> </tr> <tr> <td align="left">TRX</td> <td align="left">0.08</td> <td align="left">0.091 (+13%)</td> </tr> <tr> <td align="left">LEND (AAVE)</td> <td align="left">0.197 * 100 = 19.7</td> <td align="left">189.51 (+961%)</td> </tr> <tr> <td align="left">IOTA</td> <td align="left">4.09</td> <td align="left">1.19 <strong>(-70%)</strong></td> </tr> <tr> <td align="left">ENG</td> <td align="left">5.33</td> <td align="left">0.087 <strong>(-98%)</strong></td> </tr> <tr> <td align="left">ICX</td> <td align="left">6.71</td> <td align="left">1.31 <strong>(-80%)</strong></td> </tr> <tr> <td align="left">ETH</td> <td align="left">876</td> <td align="left">4378 (+499%)</td> </tr> </tbody></table> <p>LEND changed its name to AAVE, but re-denominated x100.</p> <p>Also the second most upvoted comment in that thread also highly recommend ENG:</p> <p><a href="https://preview.redd.it/knujaz6jh4481.png?width=898&amp;format=png&amp;auto=webp&amp;s=53d2d0e7eb2d8e6ce7e6d1212f6a3435d9df0943">https://preview.redd.it/knujaz6jh4481.png?width=898&amp;format=png&amp;auto=webp&amp;s=53d2d0e7eb2d8e6ce7e6d1212f6a3435d9df0943</a></p> <p>Lots of other comments are shilling XRB / Railblock (Nano) too.</p> <p>Let's look at another thread</p> <h1>Exhibit B</h1> <p><a href="https://preview.redd.it/zzippgooi4481.png?width=937&amp;format=png&amp;auto=webp&amp;s=1478c7af9987ad8e7de1029b6a6206f2ce7d226e">https://preview.redd.it/zzippgooi4481.png?width=937&amp;format=png&amp;auto=webp&amp;s=1478c7af9987ad8e7de1029b6a6206f2ce7d226e</a></p> <p>This is posted on <strong>21 Dec 2017</strong>. Let's look at how each shilled coins are doing:</p> <p>Note: I no longer list the coin I have mentioned above. Raiblock is XRB.</p> <p>&#x200B;</p> <table><thead> <tr> <th align="left"></th> <th align="left">Price at the time</th> <th align="left">Price now</th> </tr> </thead><tbody> <tr> <td align="left">BTC</td> <td align="left">16,355</td> <td align="left">50,915 (+311%)</td> </tr> <tr> <td align="left">ELIXR</td> <td align="left">No longer tracked, dead coin</td> <td align="left"></td> </tr> <tr> <td align="left">QASH</td> <td align="left">0.97</td> <td align="left">0.064 <strong>(-93%)</strong></td> </tr> <tr> <td align="left">ARK</td> <td align="left">7.86</td> <td align="left">1.36 <strong>(-82%)</strong></td> </tr> <tr> <td align="left">DASH</td> <td align="left">1,473</td> <td align="left">138.3 <strong>(-90%)</strong></td> </tr> <tr> <td align="left">POWR</td> <td align="left">1.21</td> <td align="left">0.498 <strong>(-58%)</strong></td> </tr> <tr> <td align="left">WaBi</td> <td align="left">1.76</td> <td align="left">0.217 <strong>(-87%)</strong></td> </tr> <tr> <td align="left">PRL</td> <td align="left">no longer tracked, dead coin</td> <td align="left"></td> </tr> </tbody></table> <p>ELIXR price based on <a href="/u/Beneficial_Ad5153">/u/Beneficial_Ad5153</a>: $2.21 at peak. $0.0016 before it's dead.</p> <h1>Exhibit C</h1> <p><a href="https://preview.redd.it/7jd0e4dak4481.png?width=942&amp;format=png&amp;auto=webp&amp;s=b56f1996d088348f655c7747eba00619f0d7b205">https://preview.redd.it/7jd0e4dak4481.png?width=942&amp;format=png&amp;auto=webp&amp;s=b56f1996d088348f655c7747eba00619f0d7b205</a></p> <p>This is posted in <strong>30 Jun 2017</strong>. They were in the middle of bull run and this guy is angry that the sub only talk about price action. Which I feel the same thing happening now.</p> <p>He mentioned coin with good tech like Ardor, Ubiq, and NEM. Let's see where they are now:</p> <table><thead> <tr> <th align="left"></th> <th align="left">Price at the time</th> <th align="left">Price now</th> </tr> </thead><tbody> <tr> <td align="left">Ardor</td> <td align="left">0.224 (peaked at 2.04 on 15 Jan 2018)</td> <td align="left">0.278 (+24%)</td> </tr> <tr> <td align="left">Ubiq</td> <td align="left">1.56 (peaked at 6.82 on 03 Jan 2018)</td> <td align="left">0.197 <strong>(-87%)</strong></td> </tr> <tr> <td align="left">NEM</td> <td align="left">0.16 (peaked at 1.79 on 03 Jan 2018)</td> <td align="left">0.1383 <strong>(-13%)</strong></td> </tr> </tbody></table> <p>Ardor and NEM actually perform well if you bought at Jun 2017. But I'm guessing a lot more people are buying in December to January.</p> <h1>Conclusion</h1> <p>With the data shown above, we need to remind everyone again that <strong>we don't know shit about fuck</strong>.</p> <p>Don't solely use this sub to find out what altcoin you should buy. Cross check from various sources!</p> <p><strong>Build your conviction</strong>. If your conviction is strong, you will keep buying that coin even when it dipped hard.</p> <p><strong>How to build conviction?</strong> You need to fully understand what your coin does.</p> <p>Not a financial advice.</p> <h1>Extra Fun Fact</h1> <p>When reading through a lot of comments from 2017, I noticed that <strong>few users have their vault opened</strong>. I'm guessing they quit crypto entirely after the crash and never return.</p> <p>Because if they do return, it's likely that they gonna visit this sub.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/petanibulan"> /u/petanibulan </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rb05hc/i_spent_6_hours_reading_through_posts_from_2017/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rb05hc/i_spent_6_hours_reading_through_posts_from_2017/">[comments]</a></span> </td></tr></table>Kind Regards R
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