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Topic: ETH GETTING DUMPED HARD!!!! - page 35. (Read 55202 times)

legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
March 14, 2016, 06:53:32 PM
#47
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  Wink
sr. member
Activity: 420
Merit: 262
March 14, 2016, 02:03:39 PM
#46
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

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. Smiley

You have 0.5 BTC invested and you think your opinion is worth anything there  Huh

Unless you have more than lunch money invested, you have no risk thus you have no need to be cautious.
legendary
Activity: 924
Merit: 1000
March 14, 2016, 01:43:39 PM
#45
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.

Yeah...that's the sign of a false bubble. I saw it all the time back in those olden days when I was a goldbug. Gold topped out in 2011, but there were gold skeptics who were yelling "Bubble popped!" as far back as 2006!

Here's a useful rule-of-thumb: when a real bubble really pops, it looks to almost everyone as yet another dip to be bought. There'll be popular jokes about the eleventy-hundredth obituary just written. The first stage of a post-bubble collapse always features a "sucker rally" that's bought into by these folks. What makes a sucker rally so insidious is that it's almost indistinguishable from the earlier dips that were profitable to buy. The sad fact is, a real bubble is usually not recognized as such until long after it's popped. Except by the usual mystery-box combination of prescient minority and stopped-clock skeptics.

Myself, I think that Etherium has some ways to go. There's too much skepticism right now and too little bullish hysteria - and too little spread beyond this here hothouse. It's a provable fact that the Bitcoin bubble which burst in early '14 popped some time after it got real play in the mainstream media. Some of those stories, if you remember, were about Bitcoin insta-millioniares.   
sr. member
Activity: 476
Merit: 250
March 14, 2016, 01:37:51 PM
#44
Yes, i'm wondering myself how many alts are included here in this hype?
It's amazing how everybody (many members and their alts) believes this is next bitcoin.
And nobody won't admit it, this is just a pump. Good one!
sr. member
Activity: 434
Merit: 250
March 14, 2016, 01:35:58 PM
#43
Eth is a shitcoin fueled by undue hype. Trade it while you can make profit and then be sure to dump it for profit while you can. I think eth is going to end up like nxt in the end, nice tech but no adoption - in other words a complete and utter failure.

so true. continuing to hold ETH right now is like holding a grenade in the hand with the pin pulled out. much better to take the profits.
legendary
Activity: 1764
Merit: 1000
March 14, 2016, 01:32:52 PM
#42
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.

crap coin shill fanatic
sr. member
Activity: 434
Merit: 250
March 14, 2016, 01:30:47 PM
#41
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.
hero member
Activity: 1106
Merit: 521
March 14, 2016, 01:29:39 PM
#40
RUN TO THE HILLS!!!!
Ran out of greater fools?


Only someone mentally challenged could post a clip of an aircraft crashing, one in which most likely many people died, as some sort of sick entertainment.

This was only a cargo plane so not as many deaths..... but i completely get your point, disgusting
hero member
Activity: 1106
Merit: 521
March 14, 2016, 01:26:37 PM
#39
yep Dumping all the way to 0.1.... Grin  you bitcoin only fanatics really make me laugh, Dont get me wrong i love Bitcoin also, but i really get a giggle outa you....... haha
legendary
Activity: 1764
Merit: 1000
March 14, 2016, 12:55:42 PM
#38
RUN TO THE HILLS!!!!
Ran out of greater fools?



this crap Ethoriem is rather annoying, pure playing pump to make itself look legitimate altcoin.
hero member
Activity: 1568
Merit: 507
March 14, 2016, 12:04:33 PM
#37
Eth is a shitcoin fueled by undue hype. Trade it while you can make profit and then be sure to dump it for profit while you can. I think eth is going to end up like nxt in the end, nice tech but no adoption - in other words a complete and utter failure.
hero member
Activity: 2170
Merit: 530
March 14, 2016, 12:00:44 PM
#36
The price just dropped 20% and is recovering now. So I am not concerned about the price action at all.
the price action is good and healthy like a normal functioning market the price goes up and down. It's naive to expect the price only to perpetually rise. ETH is an amazing technology and it's still cheap enough for the Ltc bag hodlers to jump in.

The 20% price drop is a good action as it let some people take their profit and new money coming to the play.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
March 14, 2016, 11:59:25 AM
#35
The price just dropped 20% and is recovering now. So I am not concerned about the price action at all.
the price action is good and healthy like a normal functioning market the price goes up and down. It's naive to expect the price only to perpetually rise. ETH is an amazing technology and it's still cheap enough for the Ltc bag hodlers to jump in.
member
Activity: 115
Merit: 10
Pesobit, Simple Yet Useful Coin
March 14, 2016, 11:37:23 AM
#34
The price just dropped 20% and is recovering now. So I am not concerned about the price action at all.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
March 14, 2016, 11:21:16 AM
#33
You people are crazy, these are just typical cryptocurrency fluctuations.   OP where is that gif from?  Was that a real crash or was it a movie?
full member
Activity: 187
Merit: 100
March 14, 2016, 11:00:20 AM
#32
Couple of hours away from the homestead loldump.  Cheesy
hero member
Activity: 532
Merit: 500
March 14, 2016, 10:34:32 AM
#31
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.
legendary
Activity: 1344
Merit: 1000
March 14, 2016, 10:34:12 AM
#30
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.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
March 14, 2016, 10:18:57 AM
#29
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.

How many more are coming soon ?
Who decided all by himself ?

ETH is comparable to BTC ?

One is a currency and the other is not.

..anymore stupid shit you want to spew on this board yet again ?

i hope they are paying you well for all your ETH spamming by the way.
you earned it LOL


EDIT:
Oh and by the way "noob" i am curious where the fuck where you when i posted my "ETH = scam" topic in 2014 ?
sr. member
Activity: 427
Merit: 250
March 14, 2016, 09:53:03 AM
#28
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.
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