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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 117. (Read 198829 times)

legendary
Activity: 3528
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OK one more thing:  ETH doesn't have a wallet of its own?  Am I correct about that?  So if you buy it on, say, Poloniex you can't withdraw it anywhere?
legendary
Activity: 1568
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Well Ethereum is not a Bitcoin killer per se, is much more than that, if Bitcoin was conceived as Internet's currency this is Internet's fuel if that makes any sense.
hero member
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I had brought in last month when it dropped to 250k and some more at 400k. I will probably sell the rest of my ETH in the next day or two and hopefully ready to get back in on the correction that has to come after these last few weeks. So in short no I am not moving any more bitcoin into eth I am moving bitcoin out   Tongue
legendary
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Everyone's looking for the next bitcoin, right?  Or the coin that will overtake bitcoin.  And from what I've read it seems ETH has the best shot.  I'm very skeptical and I don't own any, as Yobit doesn't list it, else I might actually buy some for the hell of it.  You never know.
legendary
Activity: 1568
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* I didn't get any because I couldn't find a good wallet.

I'm using Kraken as an ETH wallet for now. One of the few exchanges that I feel confident in.

I've heard good thinks about Kraken, I'm on Polo, already sold my ETH share but may buy back if I see an opportunity. I also don't like exchanges but for altcoin trading it's impossible to install many wallets and for the love of god I couldn't figure out how Ethereum worked, too technical for me.
legendary
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I'm not a fan of investing in other alt coins after a price surge as usually these effects are temporary and will go back to the range it belongs in some time soon so I think only those who are into buying and selling would benefit from this and it's a short plan only so in my case, I won't be moving any amount into ETH.

I think the same way, I bought some ETH when it was around 550 and more and shorted my way up. But now I got out, I think this bubble is gonna pop somehow even if ETH is for real. Now, there's a slight chance that ETH will be better than BTC altogether in the sense of being a complete new disruptive technology and that's what many of us need to ask. If you think so, then you should throw as BTC as you can...haha
legendary
Activity: 2101
Merit: 1061
* I didn't get any because I couldn't find a good wallet.

I'm using Kraken as an ETH wallet for now. One of the few exchanges that I feel confident in.

I've lost funds by trusting exchanges (bitcoinica and to much lesser extent mintpal and cryptsy). Unless I find a good way to hold in my own wallet I won't go near it. (except in tiny play amount) 
legendary
Activity: 2101
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Ah well shows what I know, momentum found another leg up and eth is storming up again.  However I still have no plans to switch any btc for eth.


sr. member
Activity: 427
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* I didn't get any because I couldn't find a good wallet.

I'm using Kraken as an ETH wallet for now. One of the few exchanges that I feel confident in.
hero member
Activity: 1456
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HODLing is an art, not just a word...
i think ETH can go higher but now it is dangerous to buy because it is on top of the pump period.
sr. member
Activity: 481
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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!!!!
hero member
Activity: 924
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Ethereum has potencial to grow fast i think i need to try this kind of altcoin maybe ethereum will be the next or second in bitcoin in the future..
I saw in the chart that the price of Ethereum is increasing fast in few weeks.. or months.. i hope after i buy it will increase more to make some profit with coin..
legendary
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Umm, I literally have no intention of ever investing in ETH
legendary
Activity: 2408
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Legen -wait for it- dary
Yes, the divergence and triangle breakout target is almost hit are two big reasons. In normal bubble mode, these rules go out the window, but except for the LTC pre-halving pump, alts only truly bubble after BTC is well into it's bubble. Then there is also the inverse correlation that has been going on for a long time now. It's gotten a little murky lately, but I think it's because btc correcting in a long complex, and sideways way. Right now, it is about time for ETH pumpers to take their BTC profit for the next BTC pump. Good luck with those longs!
hero member
Activity: 840
Merit: 1000
Maybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?

Fuck me.

Talk about the old adage of the public buying high, and selling low.

Raging negative divergence is building in ETH and it's move up is about done. Smart Money got in down at 0.001, and will be cashing out hand over fist at 0.01 Just cos you can get 100 ETH for 1 BTC, don't necessarily make it cheap!
legendary
Activity: 2842
Merit: 1511
Don't do it!!

High probability that it won't break .01. BTC won't rally until ETH finishes somewhere above 008

Edit:
While what's cheap? ETH? Ha, it's up 400% and you think NOW is the time to buy?

Surprised you think that. The thing's been developing into a classic bubble, and a surge above .01 seems entirely possible.
legendary
Activity: 861
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Don't do it!!

High probability that it won't break .01.
What make you think of that? How are you assessing this probability?
legendary
Activity: 2101
Merit: 1061
I'd be very careful with eth just now. Heres why



Price is still going up but momentum is fading. This is negative divergence which is a warning sign. If I had any eth I'd be taking profits now and starting selling probably.

* I didn't get any because I couldn't find a good wallet.
legendary
Activity: 2968
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I'm not a fan of investing in other alt coins after a price surge as usually these effects are temporary and will go back to the range it belongs in some time soon so I think only those who are into buying and selling would benefit from this and it's a short plan only so in my case, I won't be moving any amount into ETH.
legendary
Activity: 1344
Merit: 1006
Honestly I feel like someone or a group is just pumping and hyping ETH but if you think investing in ETH for a short period of time or just take advantage of the trend then go ahead. Just like BTC, if we see an opportunity nothing wrong if we buy and sell later.
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