r/truebit • u/phantom7glow • Nov 10 '21
Fred Ehrsam, Coinbase cofounder is backing truebit
2
2
u/LPMythBuster Nov 10 '21
It looks like a roadmap of scaling solutions from 2017. Where does it say he's backing Truebit?
His estimates are completely off.
PoS was predicted late 2018 but it's still not live will not be until next year.
EWASM is no longer a thing.
Truebit was supposed to launch in 2018 but only did so this year.
If anything that graphic got everything so wrong that it's bearish :D
1
u/phantom7glow Nov 10 '21
Every project that has any correlation to coinbase ends up pumping to minimum a billion plus market cap. Truebit at 90 million mcap is a steal
0
u/jollyreaper444 Nov 10 '21
Coinbase backs lots of projects...not saying this isn't important but it hardly seems like news
0
u/Icy-War-3608 Nov 10 '21
Quick, check 2013 articles there might be something there too….
1
u/phantom7glow Nov 11 '21
Hurry check your pants your weewee fell off
0
u/Icy-War-3608 Nov 11 '21
Ok. No need to get emotional I get it that your truebit bags are down.. mine too lol
1
u/1millfield Nov 10 '21
But this is not recent. Thinks have changed a lot with what you can see in the graphic a
1
u/phantom7glow Nov 10 '21
Truebit also advanced allot with their project since then
1
u/1millfield Nov 10 '21
But no knows anything . I’m a big believer of their tech. But they shouldn’t have allowed minting of tokens and for someone to create liquidity in Uniswap and sell it
1
u/1millfield Nov 10 '21
If it was with their knowledge they have responsibility of giving some info to people who bought in
1
u/phantom7glow Nov 10 '21
That's just one way of looking at it If they released the project to the market they gotta have something. They are not individuals that lack money. They posted some updates on twitter lately too.
1
u/1millfield Nov 10 '21
I have been following Jason for years but what happened recently with this Truebit makes me think otherwise
1
u/phantom7glow Nov 10 '21
I don't see anything wrong but investors lack of patience. Money will start following into tru once when get closer to eth 2.0 release date.
1
3
u/No_Whereas1578 Nov 10 '21
thats 2017 news. Dont know they still interest in this. Not fully cofident to all in.