ETH being held down, going to explode

nelmari

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Quote from: LeoC on July 28, 2017, 08:29:05 AM

Been watching Ethereum for weeks. It's quite hilarious to watch it go down at a 1:1 rate with BTC over the last week, then the moment BTC rallies ETH remains the same.
Now today, BTC rallies and ETH goes down against BTC, and the moment BTC dips, ETH also dips. It is being massively held down at the moment.

ETH apparently only mirrors BTC when it's a downward price movement, but never benefits from the opposite.
Whales and arbitrageur bots are keeping ETH down as they accumulate from weak hands.

This also tells me is that people are loading the boat and a price explosion is only a matter of time, especially as we near Aug 1.
Whales usually use large portion of their funds to buy at a stupidly low, manipulated price, then the remaining amount to kickstart the rally.
It's just a matter of time now. Get your cheap ETH while you still can because we will never see these prices again.

P.S. Replace ETH with nearly any alt.

You have a point and I was thinking the same thing too, I actually wondered why Eth went down and stayed there before August 1 when it was working perfectly fine weeks before. But you are right, it's shopping time for those holding other altcoins. Now is a good time to buy Eth because I can sense after this split there is a big possible explosion from this coin and we might regret why we didn't buy them while it is at its lowest.

Lumada

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Quote from: renes on July 30, 2017, 02:06:47 AM

Despite a lot of development and a great team, and it overcame lots of difficulties like dao hack, its price still under $1000, bitcoin anymore on $3000 levels It is not surprising to see ethereum $1k next year.

it is maybe due to the mumber of attacts that happens in eth especially in some Eth platforms for ICO , but it was just tested and still eth survives so eventually it will goes a long a way soon with huge pumps too.

renes

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Despite a lot of development and a great team, and it overcame lots of difficulties like dao hack, its price still under $1000, bitcoin anymore on $3000 levels It is not surprising to see ethereum $1k next year.

Makka

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It is better for ETH to go down all the way and hit rock bottom, hit a price that is like it has just began. I would really love to see it. Grin

How I wish it happens. Grin

I will sell all my alts and BTC and buy ETH when it happens. I will withdraw my savings in the bank as well to on invest on ETH.

tiger5056

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eth is going to be here for long. may hit $500 Grin

ICO INVESTOR

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soon it's going up again ETH still has the great potential because of the major companies and government interested in the Tech, Microsoft etc

ozaeri

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Quote from: coinman180 on July 29, 2017, 06:20:41 PM

ethereum was $7 a few months ago, now it's almost 30x times that.. relax man

Nothing can keep going up without some correction. Give ethereum another year or so and I'm sure the price will be much higher than it is today.

IamHigh

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Quote from: roshidnahdi on July 29, 2017, 03:58:28 PM

Quote from: nelmari on July 28, 2017, 09:42:53 AM

I've noticed Ethereum today it went down to 0.06, I immediately bought a couple of Ethereum coins today and still have reserve bitcoins to buy Ethereum if ever it still goes down a bit more.

Nice move , to day we found the price down , but let see after august 1 we will never see these prices again. my opinion will bounce up and going up.

Ethereum is totally cheap below 0.08 to me. I'm also buying some ether whose price is really low now. I missed 0.06, but if I caught it, I would buy tons of ether with my bitcoins gladly. It's not hard to get 0.10 once again after btc split.

coinman180

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ethereum was $7 a few months ago, now it's almost 30x times that.. relax man

mamaya

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Quote from: Osarman on July 29, 2017, 05:03:03 PM

Quote from: Red-Apple on July 29, 2017, 10:16:07 AM

Quote from: wrfitz on July 28, 2017, 10:59:19 AM

Your right about the part where it only goes down when bitcoin goes down, but then doesn't go up when its suppose to. Opportunities like Aug 1st don't come around too often. You can bet you ass there are whales out there with some kind of plan. The question is, which coin will be getting the pump - my money is on Ethereum

pumpers don't pump the same coin when it is already overpumped and is in a bubble. instead they go to another coin that is not in a bubble or they go back to bitcoin to take part in the bitcoin price rise.

as i said in my previous comment currently ETH is in a big bubble and needs bursting. and the ICOs that are selling their tokens is crashing the price. you can see price fell down more today as it was all week long.

That’s a logical explanation of what’s happening with eth and what the future of this coin is. Indeed those who are involved in pumping coins never go for a coin that is residing in a bubble. They in such situation try to pull down the coin. Same is the case of eth. I believe that it is going to face huge crash after Segwit.

Segwit is quite unrelated to ETH, people were never buying ETH in order to transact better than bitcoin they were buying ETH for smartcontracts and to participate in ICO. As long as ICO are still popular ETH will do well.

Osarman

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Quote from: Red-Apple on July 29, 2017, 10:16:07 AM

Quote from: wrfitz on July 28, 2017, 10:59:19 AM

Your right about the part where it only goes down when bitcoin goes down, but then doesn't go up when its suppose to. Opportunities like Aug 1st don't come around too often. You can bet you ass there are whales out there with some kind of plan. The question is, which coin will be getting the pump - my money is on Ethereum

pumpers don't pump the same coin when it is already overpumped and is in a bubble. instead they go to another coin that is not in a bubble or they go back to bitcoin to take part in the bitcoin price rise.

as i said in my previous comment currently ETH is in a big bubble and needs bursting. and the ICOs that are selling their tokens is crashing the price. you can see price fell down more today as it was all week long.

That’s a logical explanation of what’s happening with eth and what the future of this coin is. Indeed those who are involved in pumping coins never go for a coin that is residing in a bubble. They in such situation try to pull down the coin. Same is the case of eth. I believe that it is going to face huge crash after Segwit.

roshidnahdi

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Quote from: nelmari on July 28, 2017, 09:42:53 AM

I've noticed Ethereum today it went down to 0.06, I immediately bought a couple of Ethereum coins today and still have reserve bitcoins to buy Ethereum if ever it still goes down a bit more.

Nice move , to day we found the price down , but let see after august 1 we will never see these prices again. my opinion will bounce up and going up.

Red-Apple

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Activity: 1470

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Quote from: wrfitz on July 28, 2017, 10:59:19 AM

Your right about the part where it only goes down when bitcoin goes down, but then doesn't go up when its suppose to. Opportunities like Aug 1st don't come around too often. You can bet you ass there are whales out there with some kind of plan. The question is, which coin will be getting the pump - my money is on Ethereum

pumpers don't pump the same coin when it is already overpumped and is in a bubble. instead they go to another coin that is not in a bubble or they go back to bitcoin to take part in the bitcoin price rise.

as i said in my previous comment currently ETH is in a big bubble and needs bursting. and the ICOs that are selling their tokens is crashing the price. you can see price fell down more today as it was all week long.

limmousine

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Activity: 546

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I agree, altcoin are now just like a time bomb, and ready to explode at any time. Buy altcoin now and hold, then your fore will benefit

jilin

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Quote from: BMG86 on July 28, 2017, 02:03:21 PM

It's really most of the altcoins at the moment, bitcoin is steadily rising back up and most of the altcoins continue to fall. If go o n the exchanges, look at the sell walls for a lot of the coins, the markets are being manipulated to keep the price of the alt oons low so the whales can acculmalate coins at dirt cheap prices.

Yes, I have all my altcoins all sold, leaving only Bitcoin, now holding Bitcoin is the most sensible choice.

BMG86

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It's really most of the altcoins at the moment, bitcoin is steadily rising back up and most of the altcoins continue to fall. If go o n the exchanges, look at the sell walls for a lot of the coins, the markets are being manipulated to keep the price of the alt oons low so the whales can acculmalate coins at dirt cheap prices.

Red_Sanford

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Quote from: Trela on July 28, 2017, 11:49:19 AM

Quote from: nelmari on July 28, 2017, 09:42:53 AM

I've noticed Ethereum today it went down to 0.06, I immediately bought a couple of Ethereum coins today and still have reserve bitcoins to buy Ethereum if ever it still goes down a bit more.

Very good, I like your stagedy buying altcoin with the happens in current. Actually, we don't know the lowest price of crypto in next time or it will bounce after August 1st. So, choose split our funds to more parts and buying slowly when we think this price is good or have crashing on market is best choice in current.

This is a strategy that I use all the time. Even if I plan on buying it all in one day. I setup 3-4 limit buys at all different levels and wait to see what I get at the end of the day

cryptor47

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Etherium had it's year, this year.. went up from $7 to $380.. an insane increase, eth will never do something like that again and will be replaced with a better smart contract crypto in the next 2 years.. those that hold that $7 eth tokens, great, you can wait, could go up to $300+ again.. but buying in now doesn't make much sense, at least for the long term

Trela

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The Decentralized TCP/IP Internet Protocol

Quote from: nelmari on July 28, 2017, 09:42:53 AM

I've noticed Ethereum today it went down to 0.06, I immediately bought a couple of Ethereum coins today and still have reserve bitcoins to buy Ethereum if ever it still goes down a bit more.

Very good, I like your stagedy buying altcoin with the happens in current. Actually, we don't know the lowest price of crypto in next time or it will bounce after August 1st. So, choose split our funds to more parts and buying slowly when we think this price is good or have crashing on market is best choice in current.

wrfitz

newbie

Activity: 44

Merit: 0

Your right about the part where it only goes down when bitcoin goes down, but then doesn't go up when its suppose to. Opportunities like Aug 1st don't come around too often. You can bet you ass there are whales out there with some kind of plan. The question is, which coin will be getting the pump - my money is on Ethereum

Topic: ETH being held down, going to explode (Read 1727 times)