ETH price soaring. Are you going to move some BTC into ETH? - page 27.

Positid

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BULL RUN until 2030

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.

I'm looking forward to that, but I would not be too confident to see that price and then dump again. As long as the price of bitcoin is increasing, I would not touch ETH still as it's too risky. Another dump might still happen with continuous increase of bitcoin.

mtnsaa

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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.

yefi

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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.

mtnsaa

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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).

yefi

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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.

Vivlore

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

Quote from: thms on February 08, 2016, 12:04:10 AM

Maybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?

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.

The Ethereum is till the second most popular crypto currency. There is nothing fundamental wrong with it.

just_Alice

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Quote from: thms on February 08, 2016, 12:04:10 AM

Maybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?

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.

yefi

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Quote from: mtnsaa on November 29, 2016, 09:46:48 AM

R3CEV is more Hyperledger/IBM related as far as I know, Ethereum is backed by other single companies like Reuters, JP Morgan, Santander and Microsoft. They have been collaborating but R3CEV doesn't have much to do with the EF.

I just don't see it as positive for any coin relying on such institutional support. That includes XRP as well.

Quote from: marcus_of_augustus on November 30, 2016, 12:41:57 AM

So sub $5 coming? ... always said so, it went too quick from less than $1 to $20 ... needs to consolidate in 50cents to $2 range for a few years first.

I can see why you don't trade.

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Eadem mutata resurgo

So sub $5 coming? ... always said so, it went too quick from less than $1 to $20 ... needs to consolidate in 50cents to $2 range for a few years first.

electronicash

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Quote from: prophetx on November 29, 2016, 09:49:30 AM

eth price looking like Amazon in Y2K... hope it comes back up we got 15% of the WINGS allocated for ETH supporters. Won't be good for the project if this continues like this.

I've gathered 340 ETH since last wee, i could have saved hundreds if i bought today but yeah it will go up. it will be back later. as always.
but you gotta wait for awhile until bitcoin stabilizes after these hykes.

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he who has the gold makes the rules

eth price looking like Amazon in Y2K... hope it comes back up we got 15% of the WINGS allocated for ETH supporters. Won't be good for the project if this continues like this.

mtnsaa

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Quote from: yefi on November 29, 2016, 06:51:31 AM

Quote from: dumada on November 29, 2016, 04:36:13 AM

Maybe after a few more hard forks, the Ethereum will become better and the big institutions will use it so the price will rise.

Haven't a lot of the big banks pulled out of R3CEV recently? That's not going to buoy confidence in their commitment to the Ethereum Project.

R3CEV is more Hyperledger/IBM related as far as I know, Ethereum is backed by other single companies like Reuters, JP Morgan, Santander and Microsoft. They have been collaborating but R3CEV doesn't have much to do with the EF.

yefi

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Quote from: dumada on November 29, 2016, 04:36:13 AM

Maybe after a few more hard forks, the Ethereum will become better and the big institutions will use it so the price will rise.

Haven't a lot of the big banks pulled out of R3CEV recently? That's not going to buoy confidence in their commitment to the Ethereum Project.

dumada

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Quote from: mtnsaa on November 27, 2016, 06:18:29 PM

Quote from: yefi on November 27, 2016, 04:08:41 PM

Quote from: mtnsaa on November 27, 2016, 10:02:00 AM

It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.

The chart has looked bearish to me for a while. The rise up to Devcon lulled people into a false sense of security - the perfect precondition for fear. I'm expecting a big move with BTC50,000+ volume on Polo, but for now I wait patiently.

I don't think there's a fundamental reason on the drop per se, at least long term, it's just a very bearish trend with no actual good news (and plenty of "bad"). Everybody wants it "cheap", we all know there are a lot of smart devs working on it, perhaps the best in the world and there is a lot of interest from huge companies, not just nods but they are actually working together (JP Morgan, Microsoft, Reuters). Not to mention the endless tokens and startups that compose Eth ecosystem.

But short term, unless there are some very good news to reverse it. I agree this is all for the better if Ethereum wants to succeed eventually. Forks are just like system updates for them and they are trying to ironing all bugs out before moving forward. Fundamentally different from Bitcoin but both blockchains could just be the future and not opposites, they definitely complement each other. We can't rely on only one.

Maybe after a few more hard forks, the Ethereum will become better and the big institutions will use it so the price will rise.

mtnsaa

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Quote from: yefi on November 27, 2016, 04:08:41 PM

Quote from: mtnsaa on November 27, 2016, 10:02:00 AM

It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.

The chart has looked bearish to me for a while. The rise up to Devcon lulled people into a false sense of security - the perfect precondition for fear. I'm expecting a big move with BTC50,000+ volume on Polo, but for now I wait patiently.

I don't think there's a fundamental reason on the drop per se, at least long term, it's just a very bearish trend with no actual good news (and plenty of "bad"). Everybody wants it "cheap", we all know there are a lot of smart devs working on it, perhaps the best in the world and there is a lot of interest from huge companies, not just nods but they are actually working together (JP Morgan, Microsoft, Reuters). Not to mention the endless tokens and startups that compose Eth ecosystem.

But short term, unless there are some very good news to reverse it. I agree this is all for the better if Ethereum wants to succeed eventually. Forks are just like system updates for them and they are trying to ironing all bugs out before moving forward. Fundamentally different from Bitcoin but both blockchains could just be the future and not opposites, they definitely complement each other. We can't rely on only one.

yefi

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Quote from: mtnsaa on November 27, 2016, 10:02:00 AM

It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.

The chart has looked bearish to me for a while. The rise up to Devcon lulled people into a false sense of security - the perfect precondition for fear. I'm expecting a big move with BTC50,000+ volume on Polo, but for now I wait patiently.

Venon

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Quote from: mtnsaa on November 27, 2016, 10:02:00 AM

Quote from: yefi on November 27, 2016, 09:28:16 AM

Next support looks like ~$7. will probably coincide with BTC0.01.

It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.

To some extent, the fork could be a good way to improve the coding. But is there fundamental problem with Ethereum?

mtnsaa

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Quote from: yefi on November 27, 2016, 09:28:16 AM

Next support looks like ~$7. will probably coincide with BTC0.01.

It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.

yefi

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Next support looks like ~$7. will probably coincide with BTC0.01.

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Quote from: mtnsaa on November 14, 2016, 03:10:34 PM

Quote from: Mugtaiya on November 14, 2016, 01:13:48 PM

Quote from: mtnsaa on November 14, 2016, 09:06:19 AM

Quote from: Panzersin on November 12, 2016, 07:41:48 AM

Quote from: Zadicar on November 12, 2016, 01:42:21 AM

As i observe on eth too it stabilizes its price somewhere on 10-10.5$ which is low already compared to its previous price of $15 each but still its high though. Same as others think here this is the lowest price of eth thats why its ideal to buy more eth now and i think this coin would really have a good potential on longer terms just like what happen on bitcoin when it was just starting.

If the ZCash price stablise in the $10 range, it means the initial investors into the ZCash developer company will lose money.

I feel the same way, ETH could still go lower but you are pushing your luck, this is the time to buy before there is any sort of big announcement. It didn't dip below $10, just temporarily. Hey I would love to get it below $5 but that's not gonna happen unless there are devastating news (like actual devastating, much more than a fork/hack like the DAO!).

The price in terms of BTC is a steal too, which was in pump mode for the last month like I called it. Bitcoin won't cross $800 price anytime, every year it appreciates a little but people expecting 1, 5 or 10k per Bitcoin now are deluded.

BTC will level out at $650 or so, it's way oversold already and if the stock market continues to be bullish we'll see it drop along with gold.

Is Ethereum going to hard fork again? If the next hard fork can solve many problems, the price could rise.

Yes a new hard fork is in the works, I don't know much about the details but it will be a major update not just some hotfixes against recent attacks. I think they will add functionality for Swarm which is Ethereum decentralized storage solution, so this could be another milestone depending how it goes.

https://www.reddit.com/r/ethereum/comments/5afory/update_hard_fork_block_number_delay_10312016/

Due to continued rigorous testing that is being conducted across multiple client implementations of Ethereum, we are going to need to delay the announcement of the upcoming hard fork block number. Sorry for the delay. The development teams across the ecosystem are working very hard to make sure everything will go smoothly. An update specifying a block number will follow. Thanks for your patience.

For technical details about the changes in the upcoming hard fork, reference this post.

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