Topic: ETH GETTING DUMPED HARD!!!! - page 34. (Read 55227 times)
@bitbitch thats like asking "how do you know its sunny outside?Evidence?" .Just open the window !
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?
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.
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.
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..
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?
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..
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?
I just sold my eth at a good profit. It was a fun ride, but I do not believe it can last.
smartness.
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
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
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.
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..
Would you have known about Ethereum if it was NOT super PUMPED by some Rich guys etc ?
Think about it & what that means..
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.
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.
I just sold my eth at a good profit. It was a fun ride, but I do not believe it can last.
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 ?
transfers only take 3 hours to confirm, surely this was going to be the currency of the future
You're paranoid.
1.POS is coming so around 20mil more.
2.Ethereum team.If you think peanut butterin decides all by himself,then again,youre delusional.
3.Comparable yes,but better since ,if people decide that,ether can be us as store value aswell,by holding,just like btc,then it can be used as a store of value.Also smart contracts,dapps,something BTC is missing.
4.Who decides what is a currency in crypto world?If a group of 100 people decide they ll use coke bottle caps and trade it between them for fiat or goods/services then its a currency just like bitcoin,just on a very small scale.
I werent anywhere near crypto world in 2014 since im just a small miner that started less than a year ago.And what i wrote makes sense to anyone whos willing to use logic,youre just a paranoid that keep FUDing eth (maybe altcoins aswell,havent checked) and who probably is a ltc/btc bag holder.Flashnews for you,nothing backs them except for pure speculation.
Nevertheless,you and others like you are needed,i dont want eth get too big yet,i really wanted to farm more easily but since it skyrocketed difficulty raised alot.
1.POS is coming so around 20mil more.
2.Ethereum team.If you think peanut butterin decides all by himself,then again,youre delusional.
3.Comparable yes,but better since ,if people decide that,ether can be us as store value aswell,by holding,just like btc,then it can be used as a store of value.Also smart contracts,dapps,something BTC is missing.
4.Who decides what is a currency in crypto world?If a group of 100 people decide they ll use coke bottle caps and trade it between them for fiat or goods/services then its a currency just like bitcoin,just on a very small scale.
I werent anywhere near crypto world in 2014 since im just a small miner that started less than a year ago.And what i wrote makes sense to anyone whos willing to use logic,youre just a paranoid that keep FUDing eth (maybe altcoins aswell,havent checked) and who probably is a ltc/btc bag holder.Flashnews for you,nothing backs them except for pure speculation.
Nevertheless,you and others like you are needed,i dont want eth get too big yet,i really wanted to farm more easily but since it skyrocketed difficulty raised alot.
POS added onto a 2 year old IPO ?
Are you fucking serious ?
WOW holy tap dancing christ that is hilarious hahhahah
You don't see a problem with that ?
I wonder why the dev's etc who bought a Million plus worth at launch minute 1 would want that ?
What did they pay for them on Launch per ETH coin ?
Wrap your head around this.. about a million dollars worth was bought
THEN
it was advertised all over.. now 2/3 years later POS is being added ?
Seriously are you guys stupid or what ?
Who had a million dollars cash to spend on IPO launch day ?
Let me guess.. who gives a fucking shit as long as i make 1 BTC profit right ?
You be seem classy smart mutha fuckers LOL
Altcoins
All high pumped altcoins lost ~90% from their ATH within ~ 1-2 years. I guess ETH will be no exception. When its going flat again for 2-3month and nobody cares about ETH, it will be the time to buy it again.
See you 2017 ETH, farewell and thanks for the money
See you 2017 ETH, farewell and thanks for the money
compared to the price in 2017, I believe the current price is still very low. So it is good time to buy now.
Nah, I need all my corns for the incoming BTC pump
Buy the dip will not longer work. Better wait for bearmarket confirmation and short the spikes.
All high pumped altcoins lost ~90% from their ATH within ~ 1-2 years. I guess ETH will be no exception. When its going flat again for 2-3month and nobody cares about ETH, it will be the time to buy it again.
See you 2017 ETH, farewell and thanks for the money
See you 2017 ETH, farewell and thanks for the money
compared to the price in 2017, I believe the current price is still very low. So it is good time to buy now.
All high pumped altcoins lost ~90% from their ATH within ~ 1-2 years. I guess ETH will be no exception. When its going flat again for 2-3month and nobody cares about ETH, it will be the time to buy it again.
See you 2017 ETH, farewell and thanks for the money
See you 2017 ETH, farewell and thanks for the money
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.
Well, I'm doing something similar with Factom - only, my holding period is years. Call me whatever, but Factom has a straightforward use case that's already being sold.
But that's just me. I can see someone using Etherium (or an ETH clone) as a kind of savings account to HODL profits or savings from the fiat world. In fact, I have ~5000 Shift (SHF) that's essentially free coins because I sold half after a double. Bought ~10'000 below 500 satoshis, sold 5000 above 10'000 satoshis, so I'm HODLing with house money.
I admit that, dollar-wise, my bag isn't that much - but it is exciting to have skin in the game.
But that's just me. I can see someone using Etherium (or an ETH clone) as a kind of savings account to HODL profits or savings from the fiat world. In fact, I have ~5000 Shift (SHF) that's essentially free coins because I sold half after a double. Bought ~10'000 below 500 satoshis, sold 5000 above 10'000 satoshis, so I'm HODLing with house money.
I admit that, dollar-wise, my bag isn't that much - but it is exciting to have skin in the game.
You have 0.5 BTC invested and you think your opinion is worth anything there
Unless you have more than lunch money invested, you have no risk thus you have no need to be cautious.
Jump to: