ETH price soaring. Are you going to move some BTC into ETH? - page 113.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: thms on February 09, 2016, 01:57:48 PM

Quote from: MatTheCat on February 09, 2016, 01:16:32 PM

Quote from: Redrose on February 09, 2016, 11:56:31 AM

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

I subscribe to a traders community where Shit-Coin fiends are posting entries into Alts that then go parabolic a few weeks later down the line. ETH is just one of many Shitcoins that have been hitting the brightlights recently, all of which plummet right back down the way they came, never to even come close to their former heights, for months and months.

I know of around 10 people, who bought ETH way down at 0.001, who all have their final sell orders up at 0.01........I know this, cos they are all following the same guys fkn trading plan!!!

Strange though, how the market is stalling at this benchmark price point....

.....I am sure it will go through it, in one last almighty pop....but man oh man...you better have your sell order ready when it does. There is a whole mass of profits needing to be harvested here.

The problem with this is that you are ignoring the technical aspects of ETH. In the end, what defines the price is adoption and usefulness. If ETH proves to be useful for a lot of people, it won' matter if some traders are shorting it.

We'll see, I'm not denying this will happen but if they really wanted to get out they could've done it already at 0.0098-99, why wait for the exact sum that may never come? For some extra bucks? I think if it pierces right through 0.01 then many "shorters" will have to think really hard about selling and losing what could be a one in a lifetime opportunity. Greed will definitely come into play.

Hyena

legendary

Activity: 2114

Merit: 1015

IMO ETH bubble is very much like the dot-com bubble. The reason for that is analogous. Sooner or later people will realize that ETH does not have as much to offer as it was speculated in the beginning. We could also compare ETH to Namecoin. One could fantasize that eventually everyone will be hosting their domain names in the namecoin block chain and thus speculate that NMC will go up in value. In reality it hasn't happened and it won't happen because both NMC & ETH are fuels and not some sort of a rare stores of value. Sure you can make a lot of money on the hype but in the long term it will just be a platform that some entities prefer to use while others derive their code from the peershares project, for example. To put it another way, ETH is to peershares like JavaScript is to C++.

thms

sr. member

Activity: 427

Merit: 250

Quote from: MatTheCat on February 09, 2016, 01:16:32 PM

Quote from: Redrose on February 09, 2016, 11:56:31 AM

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

I subscribe to a traders community where Shit-Coin fiends are posting entries into Alts that then go parabolic a few weeks later down the line. ETH is just one of many Shitcoins that have been hitting the brightlights recently, all of which plummet right back down the way they came, never to even come close to their former heights, for months and months.

I know of around 10 people, who bought ETH way down at 0.001, who all have their final sell orders up at 0.01........I know this, cos they are all following the same guys fkn trading plan!!!

Strange though, how the market is stalling at this benchmark price point....

.....I am sure it will go through it, in one last almighty pop....but man oh man...you better have your sell order ready when it does. There is a whole mass of profits needing to be harvested here.

The problem with this is that you are ignoring the technical aspects of ETH. In the end, what defines the price is adoption and usefulness. If ETH proves to be useful for a lot of people, it won' matter if some traders are shorting it.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: yefi on February 09, 2016, 12:49:36 PM

Quote from: mtnsaa on February 09, 2016, 12:09:22 PM

There's a very real chance that ETH goes to $10-30 and even $50 in the next weeks, think about that, bubble or not, the opportunity to make ACTUAL money is right there, that's how rich people make their money.

On the wings of such dreams do the whales play.

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.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: RyNinDaCleM on February 09, 2016, 01:04:52 PM

Quote from: yefi on February 09, 2016, 12:49:36 PM

Quote from: mtnsaa on February 09, 2016, 12:09:22 PM

There's a very real chance that ETH goes to $10-30 and even $50 in the next weeks, think about that, bubble or not, the opportunity to make ACTUAL money is right there, that's how rich people make their money.

On the wings of such dreams do the whales play.

This^

I see this like the Litecoin P&D before the halving. Euphoria will be high and fomo will be higher, then BAM it's dropped 60% in 10 minutes. Stops will do noting but sell at the lows here. Good luck to all, I have sold mine at my target between 94 and 97. I will not be back in until a massive correction comes, and maybe not even then.

Even if it does break .01 (I never said impossible, only improbable) I stand by my statement that BTC won't rally until ETH completes or vice versa. One will affect the other, so watch both for the signs.

Trade on!

So because you got out at your target then the rest of us are screwed? I'm not saying ETH will save the world or be the next Bitcoin, but if it behaves a little like Litecoin and keeps pumping a little more, I'll at least get out with my initial investment intact. Of course there's the chance that the bubble will pop at 0.01, but if it doesn't you have to admit that many of us will make a lot of money (I don't even have that much at stake really, if I lose on the way down I'm sure it will be peanuts in real life money).

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: Redrose on February 09, 2016, 11:56:31 AM

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

I subscribe to a traders community where Shit-Coin fiends are posting entries into Alts that then go parabolic a few weeks later down the line. ETH is just one of many Shitcoins that have been hitting the brightlights recently, all of which plummet right back down the way they came, never to even come close to their former heights, for months and months.

I know of around 10 people, who bought ETH way down at 0.001, who all have their final sell orders up at 0.01........I know this, cos they are all following the same guys fkn trading plan!!!

Strange though, how the market is stalling at this benchmark price point....

.....I am sure it will go through it, in one last almighty pop....but man oh man...you better have your sell order ready when it does. There is a whole mass of profits needing to be harvested here.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Been off for a few weeks and haven't keep up with ETH lately. Seems like I'm late in the party (and some profits, lol). If only have I noticed this earlier, which I didn't, due to my work, I should have increased my bitcoin stack by now. :/ Hard to get in when the pump already started; you don't know when the massive move downwards would start.

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: yefi on February 09, 2016, 12:49:36 PM

Quote from: mtnsaa on February 09, 2016, 12:09:22 PM

There's a very real chance that ETH goes to $10-30 and even $50 in the next weeks, think about that, bubble or not, the opportunity to make ACTUAL money is right there, that's how rich people make their money.

On the wings of such dreams do the whales play.

This^

I see this like the Litecoin P&D before the halving. Euphoria will be high and fomo will be higher, then BAM it's dropped 60% in 10 minutes. Stops will do noting but sell at the lows here. Good luck to all, I have sold mine at my target between 94 and 97. I will not be back in until a massive correction comes, and maybe not even then.

Even if it does break .01 (I never said impossible, only improbable) I stand by my statement that BTC won't rally until ETH completes or vice versa. One will affect the other, so watch both for the signs.

Trade on!

hdbuck

legendary

Activity: 1260

Merit: 1002

lol, kids these days.. Roll Eyes

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: mtnsaa on February 09, 2016, 12:09:22 PM

There's a very real chance that ETH goes to $10-30 and even $50 in the next weeks, think about that, bubble or not, the opportunity to make ACTUAL money is right there, that's how rich people make their money.

On the wings of such dreams do the whales play.

Red-Apple

hero member

Activity: 1470

Merit: 655

i changed some btc into eth so i guess i should advice you to do it too.

but i did this before the pump, so be careful!

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: Hunyadi on February 09, 2016, 12:14:27 PM

Quote from: mtnsaa on February 09, 2016, 10:48:42 AM

I already went all in at 91 and I'll be keeping my eyes peeled if there's a fast drop I'll get out before I lose any money, I may lose a little bit but the risk is worthy if there's a new floor established at 0.01...it's just too good to be true, we all know that, but at the same time nobody can predict when it is gonna pop if it pops at all, so I'm here for the long term, it can go as high as $10 if you ask me and beyond.

Good luck with this. The dump will be fast, exchanges will be lagging...lots of others have the same game plan as you have.

Well I didn't invest too much money that's why I'm not nervous but you are definitely right, if that happens it will be chaos. I have stop-limits placed and I know mine will be sold since it's very low quantity compared to others.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: Duomo on February 09, 2016, 12:06:05 PM

Ethereum just overtook ripple. I am quite cautious of other alt coins especially ETH. I do have some bitcoin in ETH. I originally started following it when it was $1.31 per ether and surprisingly it is up to $3.70+. I am not putting a large majority of my bitcoins into ETH but i do have small quantity about ~100 just to play around with. There really seems to be some upward movement trends and I wouldn't be surprised if they continued.

100 BTC? You are a f*ucking whale! Or you meant 100 ETH? Nice sum either way, if you hold it enough you never know where it can take lead, there's just too much interested people and companies on this. And there has been plenty of dumping done already it just that people continue to accumulate no matter what like this is Bitcoin at $3. I'm not saying ETH will be a top coin, but that's the situation we are in, it seems more like an artificial bubble.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: mtnsaa on February 09, 2016, 10:48:42 AM

I already went all in at 91 and I'll be keeping my eyes peeled if there's a fast drop I'll get out before I lose any money, I may lose a little bit but the risk is worthy if there's a new floor established at 0.01...it's just too good to be true, we all know that, but at the same time nobody can predict when it is gonna pop if it pops at all, so I'm here for the long term, it can go as high as $10 if you ask me and beyond.

Good luck with this. The dump will be fast, exchanges will be lagging...lots of others have the same game plan as you have.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: Redrose on February 09, 2016, 11:56:31 AM

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

Don't worry they will say it will be risky to buy at 0.019 because 0.02 will never happen and so on, these are the morons that shorted Bitcoin at $3 or things like that. There's a very real chance that ETH goes to $10-30 and even $50 in the next weeks, think about that, bubble or not, the opportunity to make ACTUAL money is right there, that's how rich people make their money.

Duomo

hero member

Activity: 588

Merit: 500

☃

Ethereum just overtook ripple. I am quite cautious of other alt coins especially ETH. I do have some bitcoin in ETH. I originally started following it when it was $1.31 per ether and surprisingly it is up to $3.70+. I am not putting a large majority of my bitcoins into ETH but i do have small quantity about ~100 just to play around with. There really seems to be some upward movement trends and I wouldn't be surprised if they continued.

Redrose

hero member

Activity: 756

Merit: 502

Quote from: mtnsaa on February 09, 2016, 12:01:12 PM

Quote from: Redrose on February 09, 2016, 11:56:31 AM

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

If there is an actual dump the price and bubble may never recover since people will be very cautious. I think it's correcting now a little bit but it's only going up since days and weeks, it seems like there are huge companies buying all they can, this bubble can't be real with just a few people, the volume is out of this world.

You're thinking like if it was a classic altcoin. Here, we're talking about Ethereum, a project that the first step is going to be achieved really soon and which offer something new and which is backed by some big companies.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: Redrose on February 09, 2016, 11:56:31 AM

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

If there is an actual dump the price and bubble may never recover since people will be very cautious. I think it's correcting now a little bit but it's only going up since days and weeks, it seems like there are huge companies buying all they can, this bubble can't be real with just a few people, the volume is out of this world.

Denker

legendary

Activity: 1442

Merit: 1016

No I will not put any BTC in Ethereum.The pump already is extemely crazy and buying in right now would be very dangerous imo.
The ones who owned some Ether or a bit more congratz for your gainings.Just don't forget to get it out.Big dump is going to happen soon I think. Maybe around 0.001 it will have peaked.

Redrose

hero member

Activity: 756

Merit: 502

Everyone you thought that it will not pass 0,01BTC was wrong, because now we're at 0,0097 now Roll Eyes

. It is possible that there will have a dump, and that's what I hope, for cheap coins Grin

!

Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 113. (Read 198916 times)