ETH GETTING DUMPED HARD!!!! - page 29.

Tijl

newbie

Activity: 5

Merit: 0

Quote from: AliceWonderMiscreations on March 18, 2016, 03:28:22 PM

I'm not personally a fan of Ethereum and I didn't think it would succeed.

But I want to make it very clear that I am not happy that it is crashing.

The crash represents a transfer of wealth from the poor to the rich, and that is a very bad thing. I knew it would happen, but I wish I was wrong. There is no pleasure in seeing people like me lose money.

It's the same story again and again, I can't understand why anyone would get suckered into this. Ethereum at its base seems quite insecure, so there's a good chance it will be worth nothing in the long run.

AliceWonderMiscreations

full member

Activity: 182

Merit: 107

I'm not personally a fan of Ethereum and I didn't think it would succeed.

But I want to make it very clear that I am not happy that it is crashing.

The crash represents a transfer of wealth from the poor to the rich, and that is a very bad thing. I knew it would happen, but I wish I was wrong. There is no pleasure in seeing people like me lose money.

McDonalds5

member

Activity: 70

Merit: 10

Quote from: watashi-kokoto on March 18, 2016, 12:58:05 PM

It doesn't have to end like this. We could, you know, all of us, buy back in.

Or maybe.

Nah.

I still feel positively about this. At least people had a chance to use Bitcoin.

I told you long time ago

watashi-kokoto

sr. member

Activity: 689

Merit: 269

It doesn't have to end like this. We could, you know, all of us, buy back in.

Or maybe.

Nah.

I still feel positively about this. At least people had a chance to use Bitcoin.

Erkallys

legendary

Activity: 1120

Merit: 1004

Quote from: sandiman on March 18, 2016, 05:37:22 AM

Quote from: Erkallys on March 17, 2016, 04:12:05 PM

I was a strong supporter of Ethereum. I had the chance to buy the majority of my coins in the sub 0,01BTC range. I escaped from it because holding some ETH now is like climbing a building in an ascensor with a grenade in the hand. I don't want to be too greey, and likely multiplied by near 5 my initial capital, so I'm happy Wink

! A big hit has been gave to the cedibility of the coin after this fiasco of the two last days.

Which fiasco are you speeking about?

The fiasco is the big dump. That might not be the most suitable word for this case, but you can't get the idea. The price has been near halved, so the list of burned people is long, really long Undecided

...

TPTB_need_war

sr. member

Activity: 420

Merit: 262

Quote from: TPTB_need_war on March 17, 2016, 01:13:29 PM

It it slices through $10, the uptrend line is broken to the downside, and panic will ensue.

It is all over. Get out now!

I called the top exactly.

Quote from: TPTB_need_war on March 17, 2016, 09:36:20 AM

As I said, it started on the Pi Day March 13/14 as predicted and it was still an illusion, but now it is becoming more apparently (yet many will fail to sell because they are still stuck in the delusion):

Quote from: TPTB_need_war on March 14, 2016, 01:03:39 PM

Quote from: Nxtblg on March 14, 2016, 12:43:39 PM

Myself, I think that Etherium has some ways to go

The illusion of the dip which is actually a crash enveloping as you described, even has you fooled.

There aren't many pumpers. There is stoat posting from numerous accounts he purchased. Minecache is stoat.

Then there are the rest of you, who hanging on for it to go higher before you sell. Which is exactly the top of a bubble when you all can't buy any more because you are all-in.

There won't be new millionaires announced and a long drawn out bubble as for Bitcoin in 2013 (there isn't that much money being actually injected, rather just insiders buying from themselves). This will be a short-lived pump because it has no fundamental support. Just a bunch idiots calmly thinking they won't be the last man out the door, when 1000 to 10,000 speculators fight their way through one exit.

I suppose the upcoming implosion of ETH will clean out the altcoin sector, because very few will have the remaining money and nerve to buy any risky altcoins. And yeah I know ETH isn't risky at all. Roll Eyes

Quote from: TPTB_need_war on March 15, 2016, 12:09:50 PM

Quote from: Minecache on March 04, 2016, 07:33:47 AM

A major new release of Ethereum is scheduled for Pi Day, Monday 14th March 2016. What effect will this Homestead release have on the Ethereum price indices?

And ETH declined 10%. Buy the hyped rumor, sell the underwhelming news.

https://www.armstrongeconomics.com/market-talk/market-talk-pi-day-march-14th-2016/

maxj57634

full member

Activity: 168

Merit: 100

Quote from: onlinedragon on March 18, 2016, 08:50:34 AM

I wonder what the bottom price would be. Anyone who have an opinion what an good price will be to buy some.

I think that the ETH bottom price would be 1-2$,its recent price hike was just a hype after the satoshi round table meeting.
And after that look at the ETH now dropping and dropping.

go-on

newbie

Activity: 8

Merit: 0

Quote from: onlinedragon on March 18, 2016, 08:50:34 AM

I wonder what the bottom price would be. Anyone who have an opinion what an good price will be to buy some.

The skyrocket time is fueled by hype and Bitcoin's storm.
If you remove this from the equation, actually nothing exist at opposite of the X.

The bottom should be the next river of news, intrinsic hype and Bitcoin problems. Level? Don't risk you money, only stay watching.

watashi-kokoto

sr. member

Activity: 689

Merit: 269

Quote from: bitcoinlitcoinbtcltc on March 18, 2016, 08:49:29 AM

This shitcoin, ipo, ponzi, premine, valueless coin will drop below $2 before bitcoin halving.

Why so negative, a lots of people cashed out. Bitcoin also needed this sort of thing, to ease the Bitcoin shills block size drama stress.

Quote from: onlinedragon on March 18, 2016, 08:50:34 AM

I wonder what the bottom price would be. Anyone who have an opinion what an good price will be to buy some.

Why so sure about buying in ? Wanna join the bagholders fraternity? I'm thinking whether to buy or not to buy, not about the bottom.

onlinedragon

hero member

Activity: 1036

Merit: 501

I wonder what the bottom price would be. Anyone who have an opinion what an good price will be to buy some.

bitcoinlitcoinbtcltc

hero member

Activity: 717

Merit: 501

This shitcoin, ipo, ponzi, premine, valueless coin will drop below $2 before bitcoin halving.

watashi-kokoto

sr. member

Activity: 689

Merit: 269

I hope it 'll maybe stop crashing in the 4 $ range, who knows.
Maybe I'll buy in, let's see.

Mervyn_Pumpkinhead

legendary

Activity: 876

Merit: 1000

Drops like these make the market look a lot healthier. The interesting question is if it will touch 0.015 again or not. I have a small bet on that it does, more probably though, it doesn't.
I speculate that the top for this uptrend will be around 0.1. Volume will tell when the time is ripe.
ETH has made the crypto game fun after years of boredom.

go-on

newbie

Activity: 8

Merit: 0

I sold this shitcoin some hours ago.

May be will be a good pump the next weeks. I'm watching.

I'm still thinking than it's a great speculative shitcoin, the game isn't over.

2015Bubble

full member

Activity: 196

Merit: 100

Great dump, even better then expected

.

davide72

legendary

Activity: 2226

Merit: 1014

Quote from: mining1 on March 18, 2016, 06:32:37 AM

I dont even pretend to understand blockchain technology in detail and ethereum but you guys are dumber than me,ALOT.Value of BTC is made of people beliefs +some shops that accept it,therefore you could say its value is backed a bit by the fact that it is somewhat accepted.Well, value of altcoins is made only of speculation (people hoping to get rich / make some profit with small investments) and are backed by nothing unless they have very promising technology in them,and considering this aspect ethereum atm is dominating every crypto out there,including btc.Ofc this doesnt mean it will succeed and wont mean it will stop people from releasing something much more advanced.Any crypto can be dumped and lose easily a big portion of its value,including bitcoin,but lets assume they would ALL be dumped and reach same market cap.What distinguish them in this situation?Well,their technology.

Yes you got the real point of real cryptocoin! In the beginners bitcoin create huge hope , many people got rich with nothing! Media everywhere in the world has such big impact to the mass! Now People living in the hope of another bitcoin .....but only big investor will make huge money by the hopes of the people....that is called speculation!
I knew it could happen one day, i remember on eth forum, few weeks ago,someone was selling out from exchange more than 200K ethereum, can immagine 200K for 13 dollars each , and i think is the same person whu is dumping all the ethereum, and i would have than same if i had same ammount of ethereum, can immagine i could sell this ethereum to people and buy new house, new car , new holyday champaign, nice woman!....what you do with 200K ethereum , better to have fresh fiat cash!

mining1

hero member

Activity: 532

Merit: 500

I dont even pretend to understand blockchain technology in detail and ethereum but you guys are dumber than me,ALOT.Value of BTC is made of people beliefs +some shops that accept it,therefore you could say its value is backed a bit by the fact that it is somewhat accepted.Well, value of altcoins is made only of speculation (people hoping to get rich / make some profit with small investments) and are backed by nothing unless they have very promising technology in them,and considering this aspect ethereum atm is dominating every crypto out there,including btc.Ofc this doesnt mean it will succeed and wont mean it will stop people from releasing something much more advanced.Any crypto can be dumped and lose easily a big portion of its value,including bitcoin,but lets assume they would ALL be dumped and reach same market cap.What distinguish them in this situation?Well,their technology.

davide72

legendary

Activity: 2226

Merit: 1014

yes, can immagine ,now it come spring and summer, people have to plan holydays to maldives or any other nice beatifull place, so need to exchange eth with real cash! do you know what i means? Grin

big investors eat in the big plate!

bitbitch

sr. member

Activity: 434

Merit: 250

Quote from: davide72 on March 18, 2016, 06:02:30 AM

getting dumped, off course, people that owner more than 100K eth dump , i will do the same if had such huge ammount ! fiat is fiat you can buy anything with fiat, with eth you can sell to everyone and get fresh fiat! Grin

das make any sense what i say?

"...you can buy anything with fiat..."

you can't buy the moon with ETH.

davide72

legendary

Activity: 2226

Merit: 1014

getting dumped, off course, people that owner more than 100K eth dump , i will do the same if had such huge ammount ! fiat is fiat you can buy anything with fiat, with eth you can sell to everyone and get fresh fiat! Grin

das make any sense what i say?

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