Eth bubble is about to pop - page 9.

Next BillG

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Quote from: Nxtblg on May 27, 2016, 08:44:56 AM

Quote from: RoseMann on May 25, 2016, 11:22:13 AM

Quote from: sanadas on May 24, 2016, 07:33:17 AM

So the price is dropping fast. Will that visit 0.02 in the next few weeks after the finish of the DAO?

It is difficult to say. The price could consolidate around 0.02 before the next major application of Ethereum appears.

That's where it's headed as I write. Now below 0.022.

If the price of Ethereum consolidates around 0.02 or lower for a few months, like bitcoin did in the past, the price could rise again.

Nxtblg

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Quote from: RoseMann on May 25, 2016, 11:22:13 AM

Quote from: sanadas on May 24, 2016, 07:33:17 AM

So the price is dropping fast. Will that visit 0.02 in the next few weeks after the finish of the DAO?

It is difficult to say. The price could consolidate around 0.02 before the next major application of Ethereum appears.

That's where it's headed as I write. Now below 0.022.

Pursuer

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Quote from: Washika on May 26, 2016, 02:06:28 PM

It all depends on the usefulness of the Ethereum. If many people use it in smart contracts, it will rise in value.

I think that is all irrelevant as long as the price goes up and down with hype.
and so far it has been like this with ethereum. people get scared of missing out on the price rise so they start buying and then after price reaches a top the dump begins by the whales and the price crashes. it has already happened a couple of times in eth and thousands of time with other altcoins who claimed to have usefulness.

Next BillG

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Quote from: Washika on May 26, 2016, 02:06:28 PM

It all depends on the usefulness of the Ethereum. If many people use it in smart contracts, it will rise in value.

That is right. So we need more development of the usage of the Etheruem so there will more applications.

Washika

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It all depends on the usefulness of the Ethereum. If many people use it in smart contracts, it will rise in value.

RoseMann

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Quote from: sanadas on May 24, 2016, 07:33:17 AM

Quote from: kingorbust on May 24, 2016, 06:38:19 AM

Quote from: RoseMann on May 24, 2016, 06:13:56 AM

Quote from: defined on May 23, 2016, 03:15:23 PM

Eth bubble is not popping, it is getting bigger. 0.031 BTC now, and still going up.

The price of Ethereum is around 0..029 now. I am not sure if it will go below that in the next few days.

why are you not sure if it will go below that in the next few days? it is already 0.0285 within 2 minutes of your post.

So the price is dropping fast. Will that visit 0.02 in the next few weeks after the finish of the DAO?

It is difficult to say. The price could consolidate around 0.02 before the next major application of Ethereum appears.

traderman

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https://twitter.com/themerklenews/status/733672652561383424

sanadas

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Quote from: kingorbust on May 24, 2016, 06:38:19 AM

Quote from: RoseMann on May 24, 2016, 06:13:56 AM

Quote from: defined on May 23, 2016, 03:15:23 PM

Eth bubble is not popping, it is getting bigger. 0.031 BTC now, and still going up.

The price of Ethereum is around 0..029 now. I am not sure if it will go below that in the next few days.

why are you not sure if it will go below that in the next few days? it is already 0.0285 within 2 minutes of your post.

So the price is dropping fast. Will that visit 0.02 in the next few weeks after the finish of the DAO?

kingorbust

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Quote from: RoseMann on May 24, 2016, 06:13:56 AM

Quote from: defined on May 23, 2016, 03:15:23 PM

Eth bubble is not popping, it is getting bigger. 0.031 BTC now, and still going up.

The price of Ethereum is around 0..029 now. I am not sure if it will go below that in the next few days.

why are you not sure if it will go below that in the next few days? it is already 0.0285 within 2 minutes of your post.

RoseMann

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Quote from: defined on May 23, 2016, 03:15:23 PM

Eth bubble is not popping, it is getting bigger. 0.031 BTC now, and still going up.

The price of Ethereum is around 0..029 now. I am not sure if it will go below that in the next few days.

twunkle

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the btc/eth price is irrelevant as 'they' can easily maintain it
the point is many many coins are being sold for ordinary cash right now. you must be a true believer for that

defined

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Eth bubble is not popping, it is getting bigger. 0.031 BTC now, and still going up.

RoseMann

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Quote from: sanadas on May 23, 2016, 03:26:14 AM

Quote from: Zedpastin on May 22, 2016, 11:07:01 AM

Quote from: Sark on May 19, 2016, 12:02:51 PM

No one knows the timing of the exchanges, but there is pretty hard evidence that the major ones are adding Ether to their interfaces and APIs so that they can test the integration and be ready to launch when they are ready (system is stable and they have bought enough ETH to launch a liquid market).

So that will make Ethereum useful in real life. That could increase the value of Ethereum in the process.

Adding Ethereum to exchanges could be good. But we still need more application of the Ethereum to increase its value.

That is right. When the Etheruem is in many exchanges and the depth is not so deep, the price could be volatile.

sanadas

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Quote from: Zedpastin on May 22, 2016, 11:07:01 AM

Quote from: Sark on May 19, 2016, 12:02:51 PM

No one knows the timing of the exchanges, but there is pretty hard evidence that the major ones are adding Ether to their interfaces and APIs so that they can test the integration and be ready to launch when they are ready (system is stable and they have bought enough ETH to launch a liquid market).

So that will make Ethereum useful in real life. That could increase the value of Ethereum in the process.

Adding Ethereum to exchanges could be good. But we still need more application of the Ethereum to increase its value.

Zedpastin

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Quote from: Sark on May 19, 2016, 12:02:51 PM

No one knows the timing of the exchanges, but there is pretty hard evidence that the major ones are adding Ether to their interfaces and APIs so that they can test the integration and be ready to launch when they are ready (system is stable and they have bought enough ETH to launch a liquid market).

So that will make Ethereum useful in real life. That could increase the value of Ethereum in the process.

Meech

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Quote from: K210 on March 13, 2016, 01:39:24 AM

Eth bubble is about to pop pull put while you can. I just sold all my ether for btc and bought 500 LTC which is a far more stable and safe coin to store value in. Think about it what has ether done to deserve $14 value??

Is it used as a currency - NO
Is it widely used for smartcontracts - NOT AT THIS STAGE
Does it have solid design - NOPE ITS FULL OF BUGS

The only thing holding the price up at the moment is hype, once that dies down ether is going down to $1-$2 range.

Really? I too believe in Litecoin and wish it well. BUT I hope to have enough foresight not to bash a coin because it's doing well or surmise it's doom!
All coins or any ( stock ) for that matter are doomed without support so your statement is an empty opinion.
Your statement about what Ethereum has done compared to Litecoin is obviously not a well informed one.
One may ask the same question about Litecoin, if it has a direction when do we see it?
I'm not bashing your comments or opinion but Ethereum is definately doing a hell of a lot more in it's short time and has a huge growth potential.
You don't have to believe in a coin to trade and make some money off of it. Litecoin is stable and has been but it's all about your intentions, are they long term or short term.

Next BillG

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I hope the Ethereum bubble to pop and I can buy at $1. But it might not happen, the price is $14 now.

Sark

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No one knows the timing of the exchanges, but there is pretty hard evidence that the major ones are adding Ether to their interfaces and APIs so that they can test the integration and be ready to launch when they are ready (system is stable and they have bought enough ETH to launch a liquid market).

thecryptocoinman

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Quote from: RoseMann on May 19, 2016, 10:46:06 AM

Quote from: Sark on May 19, 2016, 10:33:12 AM

There is evidence of both OKCoin and Coinbase adding ETH to their trading platforms and APIs. If these guys pick up ETH support, it is likely that every other Bitcoin exchange will quickly follow suit. Exchanges wanting to add ETH pairs need to buy a supply of ETH so that they have liquidity in their markets which is driving the price higher. And of course, traders are buying on all the rumors adding fuel to the fire.

The Gemini exchange added the Ethereum a week or two ago. It is a bitlicensed exchange, so a proper one.

I read somewhere that in 4 days an exchange is adding ETH hence the price rise at the moment, I sold half of mine today and keeping half for good measures!

RoseMann

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Quote from: Sark on May 19, 2016, 10:33:12 AM

There is evidence of both OKCoin and Coinbase adding ETH to their trading platforms and APIs. If these guys pick up ETH support, it is likely that every other Bitcoin exchange will quickly follow suit. Exchanges wanting to add ETH pairs need to buy a supply of ETH so that they have liquidity in their markets which is driving the price higher. And of course, traders are buying on all the rumors adding fuel to the fire.

The Gemini exchange added the Ethereum a week or two ago. It is a bitlicensed exchange, so a proper one.

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