Topic: ETH GETTING DUMPED HARD!!!! - page 5. (Read 55220 times)
There are many who follows the tech of ETH but then i expect the price to increase once again,may be people started dumping ETH because of the uncertainty it was having and the bitcoin price was soaring so people might have dumped ETH to buy bitcoin and so was the negative market
ethereum will surely rise again after a week or so but that is never because of the technology! but instead it is always because of pump and dump that has been going on with ethereum from the start.
right now we are seeing the dumping phase which is happening so hard and driving the price to the ground.
when there is no reason for a price to go up and down, specially when there is no real world usage for that object then it is a pump and dump. if you have a stock of an abstract business in mind then if the price goes up and down it is a pump and dump but there is no such thing in stocks (at least not like altcoins)
when bitcoin goes up or stays at a very high price it is because bitcoin is used worldwide in businesses, services and by merchants and on top of that there are millions of traders using bitcoin.
when Litecoin is stable around 0.006 all these years it is because LTC is being developed, it is being used in some places in the real world as a currency and also because there are so many traders trading it.
when XMR (monero) is still relevant after all these years and its price goes up and down (it is pump and dump) but there is still real world usage as a currency for it. it is offering some "real features that are useful" and people are interested in.
when ETH goes up and down it is because ethereum foundation is holding more than 80% of the coins and they are controlling everything, there is no real world usage. there is no interest in it apart from pumpers joining in to make more bitcoin. there is no useful feature and worst of all "the code is full of bugs and weak"
As long as many people use the coin, it is not a scam. I heard Santander will use it to transfer money.
There are many who follows the tech of ETH but then i expect the price to increase once again,may be people started dumping ETH because of the uncertainty it was having and the bitcoin price was soaring so people might have dumped ETH to buy bitcoin and so was the negative market
ethereum will surely rise again after a week or so but that is never because of the technology! but instead it is always because of pump and dump that has been going on with ethereum from the start.
right now we are seeing the dumping phase which is happening so hard and driving the price to the ground.
when there is no reason for a price to go up and down, specially when there is no real world usage for that object then it is a pump and dump. if you have a stock of an abstract business in mind then if the price goes up and down it is a pump and dump but there is no such thing in stocks (at least not like altcoins)
when bitcoin goes up or stays at a very high price it is because bitcoin is used worldwide in businesses, services and by merchants and on top of that there are millions of traders using bitcoin.
when Litecoin is stable around 0.006 all these years it is because LTC is being developed, it is being used in some places in the real world as a currency and also because there are so many traders trading it.
when XMR (monero) is still relevant after all these years and its price goes up and down (it is pump and dump) but there is still real world usage as a currency for it. it is offering some "real features that are useful" and people are interested in.
when ETH goes up and down it is because ethereum foundation is holding more than 80% of the coins and they are controlling everything, there is no real world usage. there is no interest in it apart from pumpers joining in to make more bitcoin. there is no useful feature and worst of all "the code is full of bugs and weak"
There are many who follows the tech of ETH but then i expect the price to increase once again,may be people started dumping ETH because of the uncertainty it was having and the bitcoin price was soaring so people might have dumped ETH to buy bitcoin and so was the negative market
ethereum will surely rise again after a week or so but that is never because of the technology! but instead it is always because of pump and dump that has been going on with ethereum from the start.
right now we are seeing the dumping phase which is happening so hard and driving the price to the ground.
when there is no reason for a price to go up and down, specially when there is no real world usage for that object then it is a pump and dump. if you have a stock of an abstract business in mind then if the price goes up and down it is a pump and dump but there is no such thing in stocks (at least not like altcoins)
when bitcoin goes up or stays at a very high price it is because bitcoin is used worldwide in businesses, services and by merchants and on top of that there are millions of traders using bitcoin.
when Litecoin is stable around 0.006 all these years it is because LTC is being developed, it is being used in some places in the real world as a currency and also because there are so many traders trading it.
when XMR (monero) is still relevant after all these years and its price goes up and down (it is pump and dump) but there is still real world usage as a currency for it. it is offering some "real features that are useful" and people are interested in.
when ETH goes up and down it is because ethereum foundation is holding more than 80% of the coins and they are controlling everything, there is no real world usage. there is no interest in it apart from pumpers joining in to make more bitcoin. there is no useful feature and worst of all "the code is full of bugs and weak"
There are many who follows the tech of ETH but then i expect the price to increase once again,may be people started dumping ETH because of the uncertainty it was having and the bitcoin price was soaring so people might have dumped ETH to buy bitcoin and so was the negative market
ethereum will surely rise again after a week or so but that is never because of the technology! but instead it is always because of pump and dump that has been going on with ethereum from the start.
right now we are seeing the dumping phase which is happening so hard and driving the price to the ground.
There are many who follows the tech of ETH but then i expect the price to increase once again,may be people started dumping ETH because of the uncertainty it was having and the bitcoin price was soaring so people might have dumped ETH to buy bitcoin and so was the negative market
ethereum will surely rise again after a week or so but that is never because of the technology! but instead it is always because of pump and dump that has been going on with ethereum from the start.
right now we are seeing the dumping phase which is happening so hard and driving the price to the ground.
There are many who follows the tech of ETH but then i expect the price to increase once again,may be people started dumping ETH because of the uncertainty it was having and the bitcoin price was soaring so people might have dumped ETH to buy bitcoin and so was the negative market
Please guys let that coin dying alone. It deserves nothing better.
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
It could drop in price in the next few months when most investors will divert their attention to ZCash.
There ain't just ZCash but many alts that are popping up these days which have many good features and tend to have better prices after ICOs end...
So, I think everyone is just redeeming their bitcoins out of ETH and getting ready and investing in other opportunities...
ETH has drooped less than 10% since you posted this which is a normal fluctuation for a crypto. So it doesn't look like everyone is dumping it. Btw it's not so easy to predict which coin will really stay here for long so I'd better stick to the old ones.
Timing is what is important now, wait til the price of bitcoin starts to dump then JUMP to ETH, should be money..
You are right, all the altcoins are currently facing dump just due to the fact of bitcoin is rising. When bitcoin is on a rally, we always face that all alt coins are getting dumped. This maybe just to maintain equaivelent USD values. Once bitcoin get stable price, we can expect ETH get bumped again.
There is still dump now. I found the price of the big altcoins are invesely proportional to the ZCAsh price.
Timing is what is important now, wait til the price of bitcoin starts to dump then JUMP to ETH, should be money..
You are right, all the altcoins are currently facing dump just due to the fact of bitcoin is rising. When bitcoin is on a rally, we always face that all alt coins are getting dumped. This maybe just to maintain equaivelent USD values. Once bitcoin get stable price, we can expect ETH get bumped again.
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
It could drop in price in the next few months when most investors will divert their attention to ZCash.
There ain't just ZCash but many alts that are popping up these days which have many good features and tend to have better prices after ICOs end...
So, I think everyone is just redeeming their bitcoins out of ETH and getting ready and investing in other opportunities...
That could be right. The hottest coin now is the ZCash, it is 10 times more expensive now and it might keep the price.
Timing is what is important now, wait til the price of bitcoin starts to dump then JUMP to ETH, should be money..
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
It could drop in price in the next few months when most investors will divert their attention to ZCash.
There ain't just ZCash but many alts that are popping up these days which have many good features and tend to have better prices after ICOs end...
So, I think everyone is just redeeming their bitcoins out of ETH and getting ready and investing in other opportunities...
That could be right. The hottest coin now is the ZCash, it is 10 times more expensive now and it might keep the price.
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
It could drop in price in the next few months when most investors will divert their attention to ZCash.
There ain't just ZCash but many alts that are popping up these days which have many good features and tend to have better prices after ICOs end...
So, I think everyone is just redeeming their bitcoins out of ETH and getting ready and investing in other opportunities...
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
It could drop in price in the next few months when most investors will divert their attention to ZCash.
The Business models for ETH and ZCash are quite orthogonal - I don't expect anything here - but plumming agains bitcoin....
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
It could drop in price in the next few months when most investors will divert their attention to ZCash.
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
https://blog.ethereum.org/2016/10/18/faq-upcoming-ethereum-hard-fork/
The Ethereum network will be undergoing a hard fork at block number 2463000, which will likely occur between 12:00 and 13:00 UTC on Tuesday, October 18, 2016. A countdown timer can be seen at https://fork.codetract.io/.
As a user, what do I need to do?
Download the latest version of your Ethereum client:
Latest version of Ethereum Wallet/Mist (v0.8.6)
Latest geth client (v1.4.18)
Latest Parity client (v1.3.
Latest ethereumJ client (v1.3.6)
What happens if I do not participate in the hard fork?
If you are using an Ethereum client that is not updated for the upcoming hard fork, your client will sync to the pre-fork blockchain once the fork occurs. You will be stuck on an incompatible chain following the old rules and you will be unable to send ether or operate on the post-fork Ethereum network.
What is a hard fork in Ethereum-land?
A hard fork is a change to the underlying Ethereum protocol, creating new rules to improve the system. All Ethereum clients need to upgrade; otherwise they will be stuck on an incompatible chain following the old rules. The decentralized nature of blockchain systems makes a hard fork upgrade more difficult. Hard forks in a blockchain require cooperation and communication with the community, as well as with the developers of the various Ethereum clients in order for the transition to go smoothly.
What happens during a hard fork?
After consensus is reached on what changes should be included in a hard fork, changes to the protocol are written into the various Ethereum clients, such as geth, Parity, and ethereumJ. The protocol changes are activated at a specific block number. Any nodes that have not been upgraded to the new ruleset will be abandoned on the old chain where the previous rules continue to exist.
Why do we need a hard fork?
Since September 18th (UTC), the Ethereum network has been under attack by a person or group resulting in large delays before transactions were processed. The network is currently filled with pending transactions which is causing users delays in processing their transactions. You can think of this as a denial of service (DoS) attack on the Ethereum blockchain.
Every operation that an Ethereum contract performs on the network is given a price or gas fee. Using the ADD operation is less computationally expensive than performing a complex operation such as hashing a number using SHA256. The attacker performed a DoS attack by repeatedly calling certain operation codes (opcodes) in their smart contracts that are computationally difficult for clients to process, but very cheap to add to the network. In order to prevent the attacker(s) from continuing to flood the network with low-priced contracts with high computational cost, we are raising the price of certain operations.
Why are we doing two hard forks and what will the effects be?
The two hard forks each address different problems that have arisen from the attacks. The first hard fork is meant to address urgent network health issues concerning underpriced operation codes. As described in Ethereum Improvement Proposal 150, “EIP 150 Hard Fork,” the first hard fork is set to occur at block number 2463000 and will adjust the price of underpriced opcodes involved in the attack. The second hard fork is expected to address a number of less urgent matters such as removing empty accounts which the attacker used to flood the Ethereum network, and which caused the size of the blockchain to inflate. The second hard fork is still being discussed.
After the second hard fork has been implemented, there will likely be a “clean-up period” during which time there may continue to be delays and difficulties processing transactions and syncing until the blockchain state has been fully debloated.
How will the EIP 150 hard fork affect contracts?
See following commentary: https://www.reddit.com/r/ethereum/comments/57p0bv/a_quick_note_on_how_the_call_gas_cost_increase/
Where can I find more technical details on what the two new hard forks will change in the protocol?
The respective changes to Ethereum protocol are documented in the GitHub repository for Ethereum Improvement Proposals
The following two EIPs describe the current plans for the upcoming hard forks:
EIP 150 version 1c: “Long-term gas cost changes for IO-heavy operations to mitigate transaction spam attacks”
EIP 158: “State clearing”
A big thanks to the Ethereum community for their patience and understanding, and to all Ethereum developers across all clients and platforms who came together to provide input, thoughts, and contributions to address stopping the attacks and helping to improve the platform.
etherum ETH never hard dumped
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
this dump or price is down still control and slow down not fast dump and hard dump
this now price ETH is still stable price
There is a way out of ETH, its called NEM... 
ETC or XCP is a bit closer IMO.
There is a way out of ETH, its called NEM...
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