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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 111. (Read 198796 times)

member
Activity: 119
Merit: 100
Has anyone, anywhere ever been able to correctly peg the price of an altcoin using the sort of logic in the post above mine?
I've seen lots and lots of "coin x should be worth y because..." - is there any evidence that anyone has actually made a correct prediction in this manner, in all the years of btc/crypto?
sr. member
Activity: 481
Merit: 251
Ethereum now has over a quarter of the nodes that bitcoin has.  Does the price now head towards 1/4 of bitcoin market cap?

That would be around $19 / ETH?

I doubt it will reach that. I dont see how number of nods would relate to its price.

A quarter of the nodes means that it has 1/4 of the security of the bitcoin Blockchain and growing fast.  So if the ethereum chain is 25% as robust as bitcoins, that may mean it is worth 25% as much
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
ETH is such a wild market right now, no matter what the coin has to offer there is a good opportunity to profit from the pump Smiley
legendary
Activity: 861
Merit: 1010
Where can I find information about the emission curve and total supply of ETH?

There is no max count of eth. Its not a currecy, in a bitcoin sense:

https://bitcointalk.org/index.php?topic=737234.20
Thanks for the link.

It's not because there is no max that it's not a currency.

But after reading this thread it's still unclear for me. Let's say we are in 2050, how many ETH will there be?

From here:
https://forum.ethereum.org/discussion/comment/6227/#Comment_6227

There is no maximum. 60,102,216 ethers were created during the sale, plus 2x pools of 9.9% each. 26% of 60,102,216 will be created through mining every year. This means that 15,626,576 will be created every year on top of the 60m and the two pools.

After a while, 15,626,576 ether won't represent much of the total ether available, making the system dis-inflationary (i.e., inflation perpetually trending towards 0 but never reaching it).
I thought mining would stop at some point. After the transition POW>POS will occur, will there still be coins creation?
sr. member
Activity: 392
Merit: 250
Where can I find information about the emission curve and total supply of ETH?

There is no max count of eth. Its not a currecy, in a bitcoin sense:

https://bitcointalk.org/index.php?topic=737234.20
Thanks for the link.

It's not because there is no max that it's not a currency.

But after reading this thread it's still unclear for me. Let's say we are in 2050, how many ETH will there be?

From here:
https://forum.ethereum.org/discussion/comment/6227/#Comment_6227

There is no maximum. 60,102,216 ethers were created during the sale, plus 2x pools of 9.9% each. 26% of 60,102,216 will be created through mining every year. This means that 15,626,576 will be created every year on top of the 60m and the two pools.

After a while, 15,626,576 ether won't represent much of the total ether available, making the system dis-inflationary (i.e., inflation perpetually trending towards 0 but never reaching it).
legendary
Activity: 861
Merit: 1010
Where can I find information about the emission curve and total supply of ETH?

There is no max count of eth. Its not a currecy, in a bitcoin sense:

https://bitcointalk.org/index.php?topic=737234.20
Thanks for the link.

It's not because there is no max that it's not a currency.

But after reading this thread it's still unclear for me. Let's say we are in 2050, how many ETH will there be?
sr. member
Activity: 392
Merit: 250
The people crying, 'It's going to dump!', 'Cant go much higher!', and then talk about all this TA bullshit make my day, each and every day. I've held Eth for a damn long time and have not considered ONCE to get rid of anything.

But honestly, we need these people. They are the ones that feed the accounts of the people who are patient and wiser.

Have fun when price crash to $1, ETH is just another litecoin. Much hype - not so much development

There is quite a lot of development going on with Ethereum at the moment. But I do not understand why the price rises so high.

It might be just a mega pump, followed by a mega dump. But maybe, some major whales see potential in eth, so they started to buy lots.
sr. member
Activity: 392
Merit: 250
Ethereum now has over a quarter of the nodes that bitcoin has.  Does the price now head towards 1/4 of bitcoin market cap?

That would be around $19 / ETH?

I doubt it will reach that. I dont see how number of nods would relate to its price.
sr. member
Activity: 392
Merit: 250
Where can I find information about the emission curve and total supply of ETH?

There is no max count of eth. Its not a currecy, in a bitcoin sense:

https://bitcointalk.org/index.php?topic=737234.20
sr. member
Activity: 481
Merit: 251
Ethereum now has over a quarter of the nodes that bitcoin has.  Does the price now head towards 1/4 of bitcoin market cap?

That would be around $19 / ETH?
legendary
Activity: 861
Merit: 1010
Where can I find information about the emission curve and total supply of ETH?
newbie
Activity: 32
Merit: 0
The people crying, 'It's going to dump!', 'Cant go much higher!', and then talk about all this TA bullshit make my day, each and every day. I've held Eth for a damn long time and have not considered ONCE to get rid of anything.

But honestly, we need these people. They are the ones that feed the accounts of the people who are patient and wiser.

Have fun when price crash to $1, ETH is just another litecoin. Much hype - not so much development

There is quite a lot of development going on with Ethereum at the moment. But I do not understand why the price rises so high.
hero member
Activity: 1568
Merit: 507
The people crying, 'It's going to dump!', 'Cant go much higher!', and then talk about all this TA bullshit make my day, each and every day. I've held Eth for a damn long time and have not considered ONCE to get rid of anything.

But honestly, we need these people. They are the ones that feed the accounts of the people who are patient and wiser.

Have fun when price crash to $1, ETH is just another litecoin. Much hype - not so much development
hero member
Activity: 1568
Merit: 507
This is the game of the whales, but this is exactly what happened with Bitcoin, it was a joke until it wasn't. I wasn't around at that time but I'm sure the comments on its way up must've been hilarious. Ethereum is not another Bitcoin clone, I don't understand much about it but no one can't deny it is completely unpredictable in its potential and that's one of the best features an investment like this could have.

Now, for getting rich, that's another history, one would really need to put in at least 10k at around 600 and wish for it to hit 10-$20 or something like that really, I don't know how much could sustain that kind of pressure.

I seem to recall comments just like these, that Bitcoin would go up to $10,000. Sometimes, you need to know when you've had enough of a good thing.

And I used to recall doomsday comments when bitcoin was $3, and no one ever imagined it would shoot up to $1200+, let alone $40.  I think I've been around cryptocurrency long enough to realize that nothing is impossible, and anything can happen.  That said, no one should put in what they can't afford to lose - that's common sense.  

First and foremost, ETH is not a currency/coin, it's technologically different and fixes many of the issues bitcoin has.  It's not trying to be another bitcoin or a better bitcoin, it's an apples to oranges comparison.  Also, the value of Bitcoin is not dictated by supply.  If that were the case, bitcoin should not have stopped at $1200.  If the claims about supply dictating price are valid, then why has the halving had literally no effect on the current price of BTC?  Even if it is 'baked into' the current value, it's only decreased.  There are far too many ways I could explain how bitcoin quantity has absolutely no bearing on the price. 

The point is, to say that ETH should not be so highly valued due to its supply is baseless.  Let's examine another asset, gold.  The world has not yet mined all the natural resource supply of gold and other precious metals, yet their values rise and fall in relation to the relative rise and fall of markets and other currencies, not due to supply.  Have you ever heard the news report that the value of gold increased because scientists have predicted the supply is running out?  Or that some big whale just flooded the market with gold so the increased supply made the price go down?  LOL.

Gold is valuable because of its use in electronics and metal properties, and therefore, I see ETH similarly valuable because it can become the foundation for decentralized applications of the future.  Essentially ethereum is the gold of the future Internet.    

One caveat to ethereum's rise is that it can be copied, and one other potential copy on the horizon is called rootstock, which will have a crowd sale in the next few months, though ETH has a headstart much like BTC has a headstart on the other 1.0 chains and currencies.  

I should note that I'm really saddened to see so many people criticize ethereum without understanding what it even is.  So many people saying it's a "blah blah coin" are making themselves look like idiots because it's not even a coin at all.  It's like comparing a car with an electric motor, bitcoin being the car and ethereum being the electric motor.  

This is just the beginning.  And those who support ethereum now will be the new elite.  Good luck with your close-minded naysaying, it sounds all too familiar.

is it really peoples fault they dont understand what etherum is?? The devs are at fault they should explain their coin in a way mainstream society can understand. Heck finding info about the coin, block reward, algorithm is so difficult! If i want to download a etherum wallet how do i do it? If i want to mine etherum how do i do that? Dont even get me started on the lack of a GUI...........
hero member
Activity: 1568
Merit: 507
ETH going much higher.  Its not some shitty alt.  It's only beginning to unfold, there are lots of dapps being developed that are coming out this year.

Remember bitcoin's early days?  When it was dicey and hard to find a safe walltet, that was when the bitcoin millionaires bought in!!!!

what on earth are you talking about? Bitcoin had a safe and complete wallet from day one unlike ethereum which still lacks a proper GUI wallet almost a year after release. Bitcoin grew naturally, sadly the same cannot be said about etherum due to all the hype surrounding it.
hero member
Activity: 583
Merit: 503
I've scraped some BTC dust that I found on an exchange and traded it for several ETH, just for giggles (and because it seems like a decent innovation). Comparable to gambling at this point I think because value has already shot up in the past days.
Normally I wouldn't agree with this sort of crackhead logic, but I do happen to agree in this case.  Buying anything is usually better than gambling--at least you have something at the end of your trip to the casino other than an empty wallet and a pissed-off spouse.  Not sure about ethereum or not, but it's still better than playing dice.

Exactly ... ! Just decided to jump off the ETH-train with roughly 25% profit (tiny profit due to tiny 'investment'). Increase in value is insane at the moment and I suspect things are going south within hours.
full member
Activity: 224
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
I own just 3 ETH, bought around 2 Dollars.
Was always thinking the price will drop below 2 again, when it was at a level of around 2.50
Incredible that it just went up again. I didn`t expect this.
Last time I saw such a move for a Altcoin was with Litecoin in November 2013.
Really a strong Bull-Market for ETH.
hero member
Activity: 588
Merit: 500
Wouldn't be surprised if ETH breaks $10-20+ dollars per ETHER. I am not surprised at the upward mobility and trends. Do i think it's a scam coin? No, I don't. Will I invest all my bitcoins in ETH? No, I won't. I own small amount and I am completely fine with the price fluctuations. It is only a small percent of my portfolio.
sr. member
Activity: 434
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
I sold my coins to profit but then again I'm afraid to jump back in as the price keeps on getting higher. Some dump will follow but when. This coin has been pumped for several times already but no significant dumpers yet. I'll get this coin again and hold it a long period of time.
sr. member
Activity: 459
Merit: 250
I have enough ETH in my bag, now I am moving some BTC to Decred. I have good feeling about DCR the same way I felt when I participated in the ETH IPO.
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