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Topic: Call the bottom - Ethereum - page 2. (Read 3669 times)

member
Activity: 83
Merit: 10
Soon we will all be dead
April 10, 2016, 08:09:02 AM
#32
Short term bottom: 0.016'ísh

Long term: zero.  I have not seen anything of value created with ethereum.  Only a betting.... ehmm predictionmarket dapp - Augur, which is nothing special in itself.

 
legendary
Activity: 2142
Merit: 1010
Newbie
April 10, 2016, 07:57:12 AM
#31
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I suggest to ignore words of r0ach. He is famous of talking bullshit that he doesn't believe himself as proven in https://bitcointalksearch.org/topic/m.14339679 and below (he didn't have balls to put money where his mouth was).
sr. member
Activity: 422
Merit: 251
April 10, 2016, 07:48:30 AM
#30
ETH has risen to fast, so a normal "heavy" correction, nothing more.
Maybe it will go down a little more, but ETH is here to stay and become a large player.

Everyone telling "it's a scam" or something like this, just don't -want- to open their eyes!
Are there really people who thought this would keep rising and rising? Come on, that's not how it works...



sr. member
Activity: 806
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
April 10, 2016, 07:43:38 AM
#29
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  Wink

and 24 hours later you are about to be shown up as not having a clue about calling anything lol.

legendary
Activity: 1078
Merit: 1011
April 10, 2016, 07:39:21 AM
#28
I'd say somewhere down around 0.015 BTC or about $6 is where it will bottom out, might even touch $5 for a bit. This will scare out most people into giving up and selling their $10 ETH for half price before the slow pump begins again. This will probably happen in fits and starts as they will need to shake out people on both sides, bears and bulls enough first before next pump. This will probably occur over several months and I am sure we won't see returns to previous highs anytime until well after the BTC halving has come and gone.
full member
Activity: 163
Merit: 100
April 10, 2016, 07:23:24 AM
#27
This is how ico functions, at the first we have pump then few days after even better one and everyone stay astonished. But soon after this when plenty of orders are placed, dump will happen. And after this we can see few small PnD but never as was the second!
hero member
Activity: 560
Merit: 501
April 10, 2016, 07:07:51 AM
#26
Come on guys ETH is having a bad week end as most of the altcoins ...
legendary
Activity: 966
Merit: 1003
April 10, 2016, 06:42:52 AM
#25
Around $2-3.  Where cost to mine is slightly lower then the exchange price.  Possibly even lower, leading to a shrinking mining network and POS oblivion..
full member
Activity: 360
Merit: 100
April 10, 2016, 05:42:33 AM
#24
Since quite a lot of big players are involved in ETH (MS, JP Morgen etc) I suppose ETH will come back again and gain steadily in value...

I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  Wink
ppl are going for lisk, which is at the hype just like the ETH pump before. ETH can go further lower at any time.

What else could we expect from eth?! Some people was talking aboit eth pumping and dumping but people didn't believe it. Now eth is going down slowly, people are cooling after a big game. I agree that people are looking for new coins to invest and eth looks like forgotten for now. LISK stole attention from eth and I don't believe eth will rise again. Chances for that are very low, but not impossible.

I see some people talk about eth going on 2 $, if eth comes to that point next one is 1 satoshi. I don't believe that ethereum can rise from ashes like a fenix.
full member
Activity: 163
Merit: 100
April 10, 2016, 05:38:31 AM
#23
And as every investment this one will be squeezed for Btcs multiple times.
Probably we can expect PnD schemes till end of halving story of Btc. Same will happen and with Lisk.
sr. member
Activity: 490
Merit: 251
April 10, 2016, 01:43:01 AM
#22
Ethereum is a premine and IPO scam. So $0.01
legendary
Activity: 3248
Merit: 1179
April 09, 2016, 11:55:03 PM
#21
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  Wink
ppl are going for lisk, which is at the hype just like the ETH pump before. ETH can go further lower at any time.

What else could we expect from eth?! Some people was talking aboit eth pumping and dumping but people didn't believe it. Now eth is going down slowly, people are cooling after a big game. I agree that people are looking for new coins to invest and eth looks like forgotten for now. LISK stole attention from eth and I don't believe eth will rise again. Chances for that are very low, but not impossible.

I see some people talk about eth going on 2 $, if eth comes to that point next one is 1 satoshi. I don't believe that ethereum can rise from ashes like a fenix.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
April 09, 2016, 11:32:28 PM
#20

bull trap wrapping up
bag holders will be moving from 'denial' to 'fear'

winter is coming ... long long bear market for $ETH
there will be a bear feast down in the valley of Despair (-$2)
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
April 09, 2016, 08:33:03 PM
#19
0.00000001 btc.  That's the bottom.   Don't know when it's going to hit it but I suspect it's the target price of a lot of the altcoins.  I'm not sure that eth is as shitty as the rest of them so I may be off by a few orders of magnitude.
newbie
Activity: 16
Merit: 0
April 09, 2016, 07:52:41 PM
#18
I do not think the Ethereum has reached the bottom yet. If the price stay around 0.02 for 2 to 3 months, then it is the bottom.

Ethereum to me looks like one of the most manipulated coins anyway, i wouldn't be surprised if it goes way lower, and then a few more
pumps and dumps, just to make profit for large holders. If you are thinking of investing, i would advise you high caution.

This, exactly this.

ETH is such a manipulated market.  Some whales drop in and start a pump and then all the little fish say, ME toooo, I fear missing out!!  Next thing you know the volume soars even more while the original whales start selling.  It still has a long way to go down, I'm sure there will be more pumps along the way to rip the money from silly bad traders
newbie
Activity: 43
Merit: 0
April 09, 2016, 07:17:20 PM
#17
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  Wink
ppl are going for lisk, which is at the hype just like the ETH pump before. ETH can go further lower at any time.
hero member
Activity: 644
Merit: 500
April 09, 2016, 07:06:08 PM
#16
5$ for sure whatever comes next depends on new hype/news
hero member
Activity: 950
Merit: 510
April 09, 2016, 03:55:36 PM
#15
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  Wink
legendary
Activity: 1260
Merit: 1000
April 09, 2016, 03:43:29 PM
#14
Ethereum is not a POS coin

Unless you live in a cave, it's been known forever Eth is converting to PoS.  Eth was designed solely as a cash grab, and you can't have an IPO for a PoW coin and then leak mined coins after (investors don't like being diluted), so to make as much money as possible, they used PoS because you can't IPO with PoW!

Does Bitcoin scale Huh? Right now the blocks are full and in 2-3 months it's going to be much worse...  

Just wrote about that topic 5 seconds ago:

It doesn't matter what % of blocks are full you stupid fucks.  All that matters is what the average transaction fee is.  Since there is no minimum transaction fee, the blocks are basically designed to be full at all times eventually even if you set it to 100MB blocks.  Segwit + hard fork in 2017 = 3.2MB blocks.  Then schnorr multisig on top of that should lower transaction sizes and increase TPS further.
sr. member
Activity: 246
Merit: 250
MaskNetwork lead developer
April 09, 2016, 03:27:39 PM
#13
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


Ethereum is not a POS coin and it had a fair distribution. It has some serious design flaws in my opinion but it's as decentralized as Bitcoin is. Why do you think it's not a decentralized currency ?

Does Bitcoin scale Huh? Right now the blocks are full and in 2-3 months it's going to be much worse...   
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