Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 105. (Read 198829 times)
I believe we will be tending side-ways for the next few days, possibly bouncing around in the 0.011-0.014 range before another slow rise. If you zoom out to a one month view of the charts, you can see similar, albeit smaller, double humps on Jan 15 and Jan 17th, then again on Jan 24 and Jan 26th. I think the latest is just a repeat of this previous pattern, although greatly amplified with more distortion in range due to the higher price.
Is this officially a bagholder thread? 
The Ethereum price has dropped 12% over the last 24 hours. The volume is also quite big. Will the pump end soon?
Huh
It was at the peak roughly 0.0165 BTC and now it is below 0.0125. That is roughly a 25% decline already.
I think it is REKTED and going to $0.
This was a peak. The real price of an ETH is between 0,01BTC and 0,012BTC. For sure, when Homestead will be released, this real price will increase
!So the price will be fluctuating around 0.01 for some time and wait until Homestead come out? The price needs consolidation.
The Ethereum price has dropped 12% over the last 24 hours. The volume is also quite big. Will the pump end soon?
Huh
It was at the peak roughly 0.0165 BTC and now it is below 0.0125. That is roughly a 25% decline already.
I think it is REKTED and going to $0.
This was a peak. The real price of an ETH is between 0,01BTC and 0,012BTC. For sure, when Homestead will be released, this real price will increase
! 
It looks like we are separating the believers from the posers today. This is where rational thought needs to take over, as you cannot expect a coin to continue to rise upwards indefinitely without a few pauses.
Over on the exchange troll-box I cannot believe the fools who base their trading decisions zoomed in to the narrowest chart possible. If they would simply extend a bit to even a 4 day view, preferably a week or better yet a month, it becomes apparent this is simply another pause in the longer scheme of things. ETH is still up a bit from a few days ago, and significantly up from where it was a week or two back.
Time will tell I guess, but it is not quite yet the time for gloom and doom.
Over on the exchange troll-box I cannot believe the fools who base their trading decisions zoomed in to the narrowest chart possible. If they would simply extend a bit to even a 4 day view, preferably a week or better yet a month, it becomes apparent this is simply another pause in the longer scheme of things. ETH is still up a bit from a few days ago, and significantly up from where it was a week or two back.
Time will tell I guess, but it is not quite yet the time for gloom and doom.
I hold my ETH, I keep believe this is just a price correction and that we will not go under 0.01 BTC
Agreed. I expect to see a bit of a consolidation and price stabilization around 0.010 - 0.012 BTC. If it consolidates nicely, I personally expect to see it continue trending upward again. If it breaks 0.01 that would be a bearish signal.
If the price stays around 0.008 to 0.012 for a few months to consolidate, I think the next peak could be very high, maybe 0.03, depending on the bitcoin price.
I hold my ETH, I keep believe this is just a price correction and that we will not go under 0.01 BTC
Completely agree, the bubble you are all talking about has 6000k BTC support on Poloniex, there's interest in ETH. I'm really on the verge of what's best. To go far below 0.01 (I doubt it will) so I can buy a lot or to bounce back. I still think it's quite healthy what we are seeing.
Let's recapitulate why there's interest in Ethereum. ETH is the fuel of the platform that is needed to develop apps, write code, etc. There's "only" 72 million of ETH. Right now they are mostly useless of course but Ethereum has been praised by MAJOR companies that like blockchain technology but hate the "bitcoin" aspect. No big company or institution will adopt Bitcoin ever, it's too tainted. But in the case of Ethereum, if it catches on and becomes some sort of standard (I doubt there will be only one platform so there's still room for a ETH competitor down the line) each ETH will worth A LOT more than the current value because it will be actually needed to run, think of it as oil not coins or tokens.
I hold my ETH, I keep believe this is just a price correction and that we will not go under 0.01 BTC
Agreed. I expect to see a bit of a consolidation and price stabilization around 0.010 - 0.012 BTC. If it consolidates nicely, I personally expect to see it continue trending upward again. If it breaks 0.01 that would be a bearish signal.
I hold my ETH, I keep believe this is just a price correction and that we will not go under 0.01 BTC
Yes, price rose way too fast to be durable, though I'm surprised ETH almost managed to reach 0,02BTC. Got in pretty late (0,0098 ish) and then within 12 hours out again with 25% profit. Opinions about ETH seem to range from 'scam' to 'challenger of Bitcoin', but I'm steering clear of ETH for the time being. I'd say we'll see prices below 0,01BTC within 24 hours.
I'd like to see some trustworthy technical review of ethereum's source code, its weaknesses and strengths.
Yes, price rose way too fast to be durable, though I'm surprised ETH almost managed to reach 0,02BTC. Got in pretty late (0,0098 ish) and then within 12 hours out again with 25% profit. Opinions about ETH seem to range from 'scam' to 'challenger of Bitcoin', but I'm steering clear of ETH for the time being. I'd say we'll see prices below 0,01BTC within 24 hours.
And the bubble has popped, just as I expected. 
Looks more like a correction.
Proof:
7 days ago, 1 ETH = 2.50 USD
today, 1 ETH = 4.30 USD
It looks like a correction until it has become obvious that it crashed. Wishful thinking, and of course the expectation bias can go both ways. I may be a victim of it, or you, or both of us
And the bubble has popped, just as I expected.
Looks more like a correction.
Proof:
7 days ago, 1 ETH = 2.50 USD
today, 1 ETH = 4.30 USD
And the bubble has popped, just as I expected.
It will probably fall as low as 0.004 BTC per ETH. That's when it's safe to start buying in. I took some time to technically look more into ethereum and I got sort of interested. While ether ETH itself is intrinsically quite worthless, their platform is indeed promising and as soon as it gets usable enough for business level applications there will be ethereum clones all over the place. During that time we can probably see a couple of more ETH pumps which is why it is good to buy in after the current bubble has deflated. But who knows when the next pump happens, so I would only convert a small percentage of my BTC into ETH.
It will probably fall as low as 0.004 BTC per ETH. That's when it's safe to start buying in. I took some time to technically look more into ethereum and I got sort of interested. While ether ETH itself is intrinsically quite worthless, their platform is indeed promising and as soon as it gets usable enough for business level applications there will be ethereum clones all over the place. During that time we can probably see a couple of more ETH pumps which is why it is good to buy in after the current bubble has deflated. But who knows when the next pump happens, so I would only convert a small percentage of my BTC into ETH.
ether is for huffing and farting ... who in their right mind is going to 'invest' in something called "ether" virtual currency??
someone high on ether?
I think the "bubble" started to happen after 0.01, the growth was too damn fast and it's just correcting, if you ask me it's holding quite nicely at 1.20-1.25. It tried to push 0.02 but it didn't have enough momentum to do it. Now if you are shorting ETH, you may have got rekd right there if you bought at 160-170. But for long term accumulation I think anything around 0.01 is perfectly fine. You talk as if Bitcoin didn't have wild swings, lol, it's the king of those. By the way, BTC is on the rise so that must have affect the price drop too.
There's also the possibility that this is a complete bubble and ETH doesn't do anything, that's fine of course. I'm not an ETH fanboy as I said before, I don't really care about the project itself, but I can see the potential. Buying at these prices is ridiculous low in the long term of things, is like discussing if it should be fine to buy Bitcoin at $30-40, yes it was a $3-4 once, but $30-40 in the grand scheme of things is absolutely nothing.
There's also the possibility that this is a complete bubble and ETH doesn't do anything, that's fine of course. I'm not an ETH fanboy as I said before, I don't really care about the project itself, but I can see the potential. Buying at these prices is ridiculous low in the long term of things, is like discussing if it should be fine to buy Bitcoin at $30-40, yes it was a $3-4 once, but $30-40 in the grand scheme of things is absolutely nothing.
It was at the peak roughly 0.0165 BTC and now it is below 0.0125. That is roughly a 25% decline already.
Peak was .0178 and current low is .0106, that's a 40% drop. A bounce is probably likely around here, but cuts this deep usually mark the popping of the bubble. All the moon believers will probably now experience months of frustration, fear and disgust...
They can join the club.
It was at the peak roughly 0.0165 BTC and now it is below 0.0125. That is roughly a 25% decline already.
Peak was .0178 and current low is .0106, that's a 40% drop. A bounce is probably likely around here, but cuts this deep usually mark the popping of the bubble. All the moon believers will probably now experience months of frustration, fear and disgust...
The Ethereum price has dropped 12% over the last 24 hours. The volume is also quite big. Will the pump end soon?
Huh
It was at the peak roughly 0.0165 BTC and now it is below 0.0125. That is roughly a 25% decline already.
I think it is REKTED and going to $0.
The Ethereum price has dropped 12% over the last 24 hours. The volume is also quite big. Will the pump end soon?
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