ETH GETTING DUMPED HARD!!!! - page 33.

AliceWonderMiscreations

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Quote from: mining1 on March 15, 2016, 05:37:05 AM

Alice you mean,as a store of value?Because as a payment system it pretty much failed.And you do realise that value is backed up by nothing,but users beliefs,right ?Ethereum is backed up by dapps and smart contracts.No one knows if eth will succeed,but bitcoin will eventually fail,first mover advantage wont hold medium-long term without innovation.

The United States will eventually fail too. That doesn't mean I'm moving to North Korea.

bitbitch

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Quote from: Minecache on March 15, 2016, 06:22:03 AM

Quote from: bitbitch on March 15, 2016, 05:41:43 AM

Quote from: Minecache on March 15, 2016, 05:30:17 AM

You guys do realise that ETH is going through EXACTLY the same process BTC went through before it became #1? It went up, it went down, it had its supporters and its detractors then, BOOM, suddenly it's $1000.

evidence in support of this?

Erm look at the BTC graph and dig through the old BTC forum threads? Seriously, you can't even think to do this as basic research???

so you are also saying that ETH will need to drop down to sub $2 if it is to follow EXACTLY the same pathway as BTC?

If you are saying this then you can wrap up your campaign for now.

Minecache

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Quote from: bitbitch on March 15, 2016, 05:41:43 AM

Quote from: Minecache on March 15, 2016, 05:30:17 AM

You guys do realise that ETH is going through EXACTLY the same process BTC went through before it became #1? It went up, it went down, it had its supporters and its detractors then, BOOM, suddenly it's $1000.

evidence in support of this?

Erm look at the BTC graph and dig through the old BTC forum threads? Seriously, you can't even think to do this as basic research???

moncorp

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Quote from: mining1 on March 14, 2016, 05:44:37 AM

You guys are delusional,even if ethereum's dev's team deliver half they promise,eth will surpass bitcoin.Why?Well,even if bitcoin is considered a "store of value" its value is made of what people believe it worths,because it is backed by nothing.Ethereum,even tho doesnt aim to be a store of value or payment system,it will be much better at both because it will be backed by its usage/smart contracts/dapps etc.

Time will tell!

hv_

legendary

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Quote from: AliceWonderMiscreations on March 15, 2016, 05:25:42 AM

Quote from: Za1n on March 15, 2016, 05:14:58 AM

Quote from: Spoetnik on March 15, 2016, 04:52:37 AM

Let me ask you guys..
Would you have known about Ethereum if it was NOT super PUMPED by some Rich guys etc ?
Think about it & what that means..

Probably not, but then again how many would have known about Bitcoin back in 2013 if it wasn't pumped to $270 by (I believe) the Winklevoss twins. That brought in a lot more people that helped to push it to $1,200 later the same year.

And a lot of people lost money because of the pump.

Bitcoin only survived because it actually has real world utility.

How will Ethereum help you in the real world?

How will Ethereum help people you know in the real world?

Same I also ask. There is no free lunch, so who should really pay for what and get sth in return ?

mining1

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@bitbitch thats like asking "how do you know its sunny outside?Evidence?" .Just open the window !

bitbitch

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Quote from: Minecache on March 15, 2016, 05:30:17 AM

You guys do realise that ETH is going through EXACTLY the same process BTC went through before it became #1? It went up, it went down, it had its supporters and its detractors then, BOOM, suddenly it's $1000.

evidence in support of this?

mining1

hero member

Activity: 532

Merit: 500

Alice you mean,as a store of value?Because as a payment system it pretty much failed.And you do realise that value is backed up by nothing,but users beliefs,right ?Ethereum is backed up by dapps and smart contracts.No one knows if eth will succeed,but bitcoin will eventually fail,first mover advantage wont hold medium-long term without innovation.

Minecache

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You guys do realise that ETH is going through EXACTLY the same process BTC went through before it became #1? It went up, it went down, it had its supporters and its detractors then, BOOM, suddenly it's $1000.

AliceWonderMiscreations

full member

Activity: 182

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Quote from: Za1n on March 15, 2016, 05:14:58 AM

Quote from: Spoetnik on March 15, 2016, 04:52:37 AM

Let me ask you guys..
Would you have known about Ethereum if it was NOT super PUMPED by some Rich guys etc ?
Think about it & what that means..

Probably not, but then again how many would have known about Bitcoin back in 2013 if it wasn't pumped to $270 by (I believe) the Winklevoss twins. That brought in a lot more people that helped to push it to $1,200 later the same year.

And a lot of people lost money because of the pump.

Bitcoin only survived because it actually has real world utility.

How will Ethereum help you in the real world?

How will Ethereum help people you know in the real world?

Za1n

legendary

Activity: 1078

Merit: 1011

Quote from: Spoetnik on March 15, 2016, 04:52:37 AM

Let me ask you guys..
Would you have known about Ethereum if it was NOT super PUMPED by some Rich guys etc ?
Think about it & what that means..

Probably not, but then again how many would have known about Bitcoin back in 2013 if it wasn't pumped to $270 by (I believe) the Winklevoss twins. That brought in a lot more people that helped to push it to $1,200 later the same year. So why would this be any different? If it follows BTC's pattern, this initial pump will be sold off quite hard and then it will stabilize and grow more naturally.

The question now is, was this latest ETH rise equivalent to BTC's first $270 pump, or the second more spectacular $1,200 pump?

bitbitch

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Quote from: defined on March 15, 2016, 04:29:58 AM

I just sold my eth at a good profit. It was a fun ride, but I do not believe it can last.

smartness.

tantk

newbie

Activity: 48

Merit: 0

whats new in crypto ? i am sure this has happen to almost any crypto before .

i tried to exploit the volatility of crypto in the past and got burnt bad, and i learnt that i am smart enough to day trade crypto.
from then on, i just hold on to all crypto that i believe has a future

Bamselk

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Quote from: Za1n on March 15, 2016, 04:43:12 AM

Quote from: defined on March 15, 2016, 04:29:58 AM

I just sold my eth at a good profit. It was a fun ride, but I do not believe it can last.

I also sold a lot (not all) yesterday during the run-up to 0.037 as I had a feeling being on the new exchange would knock it down somewhat. I missed the dip when it went under 0.027, but I am thinking in the days ahead we will go down some more so there should be plenty of buying opportunities coming up.

I am still on the fence, probably 50/50 whether ETH is the real deal, or simply a hyper-inflated bubble, but the ups and downs sure provide plenty of profit opportunities. I will have to monitor the downtrend closely to see if it is simply a dip or the beginning of a prolonged downturn. I guess in a month we should know one way or another.
[/quote

Yes. I just would like Ethereumm to be trading within a tight range so that I can buy and sell and make some profit.

Spoetnik

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FUD Philanthropist™

Let me ask you guys..
Would you have known about Ethereum if it was NOT super PUMPED by some Rich guys etc ?
Think about it & what that means..

Za1n

legendary

Activity: 1078

Merit: 1011

Quote from: defined on March 15, 2016, 04:29:58 AM

I just sold my eth at a good profit. It was a fun ride, but I do not believe it can last.

I also sold a lot (not all) yesterday during the run-up to 0.037 as I had a feeling being on the new exchange would knock it down somewhat. I missed the dip when it went under 0.027, but I am thinking in the days ahead we will go down some more so there should be plenty of buying opportunities coming up.

I am still on the fence, probably 50/50 whether ETH is the real deal, or simply a hyper-inflated bubble, but the ups and downs sure provide plenty of profit opportunities. I will have to monitor the downtrend closely to see if it is simply a dip or the beginning of a prolonged downturn. I guess in a month we should know one way or another.

RustNan

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Quote from: bitbitch on March 14, 2016, 12:30:47 PM

Quote from: thms on March 14, 2016, 08:53:03 AM

Quote from: bitbitch on March 14, 2016, 08:09:49 AM

Quote from: adhitthana on March 14, 2016, 07:09:20 AM

Quote from: mining1 on March 14, 2016, 05:44:37 AM

You guys are delusional,even if ethereum's dev's team deliver half they promise,eth will surpass bitcoin.

Ether could be superior in many ways , but if Bitcoin has only 21 million coins and ether has unlimited then I can't see ethers coins being worth more.

If ether ends up with 1 billion coins and BTC still only has 21 million then.....it's hard to see ethers "coins" worth anywhere near a bitcoin.

Or am I missing something?

you're not missing anything. supply side of ETH is massive. the mistake some people are making is that they look at the ETH price and compare it to BTC without considering supply side ratios, and they think ETH is "cheap". at $14 ether when adjusted to BTC at +5x supply is over $75.

$75 vs $410

and people say BTC is cheap at this price. So $75 is still a steal considering that Bitcoin is a pocket calculator and Ethereum is a PC.

last year BTC was at $225. the present price is unattractive in any sane investor. the 'halving' is hype.

More people know about bitconi than last year. So the present price is normal. It will be higher in the future.

defined

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I just sold my eth at a good profit. It was a fun ride, but I do not believe it can last.

Spoetnik

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FUD Philanthropist™

Quote from: shanem on March 14, 2016, 09:34:12 AM

There are so many trolls for ETH so I don't think it is the top yet. Whenever ETH undergoes a correction, everyone will scream that the bubble has popped and ETH is going to back to its IPO price.

Translation:

trolls ETH top ETH correction bubble ETH IPO price.

Ya like when the bubble is topped the price will scream but ETh is trolled cause the price is bubble
trolls bubble top market pos cause price troll eth market dapps FUD trolls fud eth price top

Uhhm ? take my money now ?

CryptoTrout

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transfers only take 3 hours to confirm, surely this was going to be the currency of the future

Topic: ETH GETTING DUMPED HARD!!!! - page 33. (Read 55277 times)