ETH price soaring. Are you going to move some BTC into ETH? - page 26.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: Quidat on December 19, 2016, 12:53:13 PM

Quote from: Kasabus on December 13, 2016, 07:48:45 AM

Quote from: mtnsaa on December 10, 2016, 07:12:50 PM

Quote from: sinner on December 10, 2016, 04:32:14 PM

is there ONE dapp that has any real users or that is useful in any way?

http://dapps.ethercasts.com looks like a bunch of useless homework projects

That's a pretty endless list with plenty of smart people working hard on various promising projects, that alone tells you why Ethereum has value, because innovation gathers the smartest people possible. Ethereum barely has one year under its belt, its price is based on potential alone.

Bitcoin has more than 5 and we are still quite not sure what it does, now it's digital gold and not a currency any more. Still hasn't catch on either. Both can transfer value quickly (Ethereum quite faster) though, just like many other coins o cryptocurrencies.

To me, the bitcoin is both digital gold and a kind of currency. I invest in the bitcoin and also use it to buy things.

That is what we all should do.

Except it doesn't make sense at all, it's cool of course to be able to buy stuff but what problem solves for the average consumer or company? Nothing. No business can be built on it because of its volatility, it's only used for speculation and hoarding.

Now in the future if businesses would actually use its blockchain (which it is its main value imo) and start adding services, registries, data into it and turning BTC or ETH into a huge database, then the value would be astronomical, every single satoshi or wei could count. A decentralized, bulletproof, globalized database/server.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: Kasabus on December 13, 2016, 07:48:45 AM

Quote from: mtnsaa on December 10, 2016, 07:12:50 PM

Quote from: sinner on December 10, 2016, 04:32:14 PM

is there ONE dapp that has any real users or that is useful in any way?

http://dapps.ethercasts.com looks like a bunch of useless homework projects

That's a pretty endless list with plenty of smart people working hard on various promising projects, that alone tells you why Ethereum has value, because innovation gathers the smartest people possible. Ethereum barely has one year under its belt, its price is based on potential alone.

Bitcoin has more than 5 and we are still quite not sure what it does, now it's digital gold and not a currency any more. Still hasn't catch on either. Both can transfer value quickly (Ethereum quite faster) though, just like many other coins o cryptocurrencies.

To me, the bitcoin is both digital gold and a kind of currency. I invest in the bitcoin and also use it to buy things.

That is what we all should do.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: mtnsaa on December 10, 2016, 07:12:50 PM

Quote from: sinner on December 10, 2016, 04:32:14 PM

is there ONE dapp that has any real users or that is useful in any way?

http://dapps.ethercasts.com looks like a bunch of useless homework projects

That's a pretty endless list with plenty of smart people working hard on various promising projects, that alone tells you why Ethereum has value, because innovation gathers the smartest people possible. Ethereum barely has one year under its belt, its price is based on potential alone.

Bitcoin has more than 5 and we are still quite not sure what it does, now it's digital gold and not a currency any more. Still hasn't catch on either. Both can transfer value quickly (Ethereum quite faster) though, just like many other coins o cryptocurrencies.

To me, the bitcoin is both digital gold and a kind of currency. I invest in the bitcoin and also use it to buy things.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: sinner on December 10, 2016, 04:32:14 PM

is there ONE dapp that has any real users or that is useful in any way?

http://dapps.ethercasts.com looks like a bunch of useless homework projects

That's a pretty endless list with plenty of smart people working hard on various promising projects, that alone tells you why Ethereum has value, because innovation gathers the smartest people possible. Ethereum barely has one year under its belt, its price is based on potential alone.

Bitcoin has more than 5 and we are still quite not sure what it does, now it's digital gold and not a currency any more. Still hasn't catch on either. Both can transfer value quickly (Ethereum quite faster) though, just like many other coins o cryptocurrencies.

sinner

hero member

Activity: 615

Merit: 500

is there ONE dapp that has any real users or that is useful in any way?

http://dapps.ethercasts.com looks like a bunch of useless homework projects

Ushler

newbie

Activity: 32

Merit: 0

Quote from: yefi on December 06, 2016, 01:47:20 PM

Quote from: mtnsaa on December 06, 2016, 09:45:54 AM

This could be the cause: https://twitter.com/tensorjack/status/806084099202945024

If this is true (at least partially) then a huge bounce can happen with so many shorts in the .009 and .01 area...

Yeah, I saw that. I wouldn't ascribe too much of ETH's fall to just that one guy, but 760K is certainly a possible bottom for now.

Not to worry too much about the Eth price. It is rising at the moment. It is 0.0115 bitcoin, almost 15% from yesterday.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: mtnsaa on December 06, 2016, 09:45:54 AM

This could be the cause: https://twitter.com/tensorjack/status/806084099202945024

If this is true (at least partially) then a huge bounce can happen with so many shorts in the .009 and .01 area...

Yeah, I saw that. I wouldn't ascribe too much of ETH's fall to just that one guy, but 760K is certainly a possible bottom for now.

Blerand

newbie

Activity: 31

Merit: 0

Quote from: mtnsaa on December 06, 2016, 09:45:54 AM

Quote from: yefi on December 06, 2016, 09:03:08 AM

Finally seeing some volume...

This could be the cause: https://twitter.com/tensorjack/status/806084099202945024

If this is true (at least partially) then a huge bounce can happen with so many shorts in the .009 and .01 area...

There are lots of shorts now. The interest rate in the Poloniex is 0.25% per day now. That is quite a lot of interest.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: yefi on December 06, 2016, 09:03:08 AM

Finally seeing some volume...

This could be the cause: https://twitter.com/tensorjack/status/806084099202945024

If this is true (at least partially) then a huge bounce can happen with so many shorts in the .009 and .01 area...

yefi

legendary

Activity: 2842

Merit: 1511

Finally seeing some volume...

Quickfant

member

Activity: 128

Merit: 27

Quote from: shinratensei_ on December 04, 2016, 09:50:39 PM

Quote from: Kwiksave on December 04, 2016, 04:56:11 AM

Quote from: Snorek on December 03, 2016, 09:46:39 PM

Quote from: mtnsaa on December 03, 2016, 05:29:56 PM

ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.

I thought it recovered but price is now back to below $8- even despite small upward trend we noticed today.
What is happening is people selling ETH to buy bitcoin because of the news about China and India is banning gold trading/export.

I think the price will only recover when there is no more attack on the Ethereum network when it become very robust.

But it may take a lot of the time, no one knew when the upcoming fork for the ethereum network.

that is right. But if there is another big attack on the Ethereum network, there will be another hard fork.

shinratensei_

legendary

Activity: 3164

Merit: 1025

Leading Crypto Sports Betting & Casino Platform

Quote from: Kwiksave on December 04, 2016, 04:56:11 AM

Quote from: Snorek on December 03, 2016, 09:46:39 PM

Quote from: mtnsaa on December 03, 2016, 05:29:56 PM

ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.

I thought it recovered but price is now back to below $8- even despite small upward trend we noticed today.
What is happening is people selling ETH to buy bitcoin because of the news about China and India is banning gold trading/export.

I think the price will only recover when there is no more attack on the Ethereum network when it become very robust.

But it may take a lot of the time, no one knew when the upcoming fork for the ethereum network.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Shorting ETH all the way back to $2 is the easiest juicy long term trade you'll get in crypto for some time ... hang in there until the really big dumps happen in 6-12 months and then look for a good exit. GL happy traders.

Kwiksave

member

Activity: 102

Merit: 10

Quote from: Snorek on December 03, 2016, 09:46:39 PM

Quote from: mtnsaa on December 03, 2016, 05:29:56 PM

ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.

I thought it recovered but price is now back to below $8- even despite small upward trend we noticed today.
What is happening is people selling ETH to buy bitcoin because of the news about China and India is banning gold trading/export.

I think the price will only recover when there is no more attack on the Ethereum network when it become very robust.

Snorek

legendary

Activity: 1400

Merit: 1001

Quote from: mtnsaa on December 03, 2016, 05:29:56 PM

ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.

I thought it recovered but price is now back to below $8- even despite small upward trend we noticed today.
What is happening is people selling ETH to buy bitcoin because of the news about China and India is banning gold trading/export.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Quote from: yefi on December 03, 2016, 06:48:24 AM

Quote from: mtnsaa on December 02, 2016, 06:24:13 PM

I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.

By sell the rebound, I don't mean shorting, but buying the big red candle preceding it. Perhaps I'll miss the bottom, but I'm not going to fish for it in a gentle, almost orderly decline. Show me the whites of their eyes - then I will act.

The chart on Bitcoin looks good to $1000 to me, though I can't deny the possibility for dumps with Segwit activation. Shall I carve your words in stone? Probably not. Tongue

Probably not but maybe write them down in a notepad Tongue

.

BTC seems to be going above $800 but we'll see what happens after Sunday with the Italy vote, if No wins Bitcoin will continue to rally but it won't last long. I'm not selling Bitcoin just yet, just waiting to hit $800. No adoption, no development, same issues, block fulls, confirmation times, it will dump because it's all short term speculation based on nothing. Of course it will still be king but same thing happened with the halvening. A fair price to close out the year would be around $650-700 tops.

ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.

Cajulasa

newbie

Activity: 10

Merit: 0

Quote from: jjacob on December 03, 2016, 08:21:11 AM

Quote from: mtnsaa on December 02, 2016, 06:24:13 PM

Quote from: yefi on December 02, 2016, 06:00:50 PM

Quote from: mtnsaa on December 02, 2016, 02:01:21 PM

Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.

Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).

Nope, not accumulating. That's a sucker's game at this point imho. Waiting for the big move, as I said recently, with the intention of selling the rebound.

I do not share your bearish views on Bitcoin.

I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.

Shorting ETH at this stage would be a bad, bad idea. It already is at a six month low (in terms of BTC) and there seems to be no fundamental reason for further declines. Bitcoin is showing strength, but that should not be reason for you to go short on ETH.

It is better to buy some when the price recover from the recent lows. So we have to wait for a few more weeks.

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: mtnsaa on December 02, 2016, 06:24:13 PM

Quote from: yefi on December 02, 2016, 06:00:50 PM

Quote from: mtnsaa on December 02, 2016, 02:01:21 PM

Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.

Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).

Nope, not accumulating. That's a sucker's game at this point imho. Waiting for the big move, as I said recently, with the intention of selling the rebound.

I do not share your bearish views on Bitcoin.

I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.

Shorting ETH at this stage would be a bad, bad idea. It already is at a six month low (in terms of BTC) and there seems to be no fundamental reason for further declines. Bitcoin is showing strength, but that should not be reason for you to go short on ETH.

just_Alice

hero member

Activity: 1274

Merit: 622

Quote from: mtnsaa on December 02, 2016, 02:01:21 PM

Quote from: yefi on December 02, 2016, 01:27:02 PM

Quote from: just_Alice on November 30, 2016, 09:30:27 AM

It is funny to see that even though ETH has dropped significantly in the last days the price of it is still higher then it was when OP was made. To be more precise it was 0.0066 BTC in February 6 and it is 0.011 BTC now. Idk what will happen in the future, there are chances it will drop even more, but for now OP was right - ETH was cheap then, compared to today's price.

You shouldn't speak too soon, you know. 0.01 is breached and volume is still lacklustre. Zooming the chart out to the 3D or 1W, this is following the pattern of a classical crypto bubble.

Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.

Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).

I'm sorry maybe I'm missing something because I'm new to this thing and just trying to understand, but why are you saying "to 150k and above" if it is already (or still?) over 0.01? I mean 0.01 is a 1000k right?

And I don't think BTC will dump soon. Not this time. $750 - $800 is a reasonable price for BTC for now IMO.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: mtnsaa on December 02, 2016, 06:24:13 PM

I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.

By sell the rebound, I don't mean shorting, but buying the big red candle preceding it. Perhaps I'll miss the bottom, but I'm not going to fish for it in a gentle, almost orderly decline. Show me the whites of their eyes - then I will act.

The chart on Bitcoin looks good to $1000 to me, though I can't deny the possibility for dumps with Segwit activation. Shall I carve your words in stone? Probably not. Tongue

Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 26. (Read 198796 times)