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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 38. (Read 198796 times)

legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
anyone take credit for that 30k move to dao?
hero member
Activity: 826
Merit: 502
Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl.

That could be right. After this fork, it showed that the Ethereum community can unite and do something useful.

Yeah , if all of those who were working for ethereum once again together start working for that coin and invest their money back to it then I think will gain its lost position. But still it will take sometime for the people to trust on it once again.
legendary
Activity: 1568
Merit: 1000
Dead cat is alive, well maybe not technically, more like a zombie. BTC decline helped ETH no question, I wonder if this is a huge manipulation/exit strategy. I don't have the balls to short ETH but if this is the case it should be EPIC.

Hehe, zombie-cat lurch, I like that. Agreeing with you the btc downtrend is inversely correlated with the ETH spike, wondering still if this weekend we are going to see a huge correction or not. Forgive my paranoia, but something about this just doesn't seem right. I can't put my finger on it. But I have to give ETH its props, or the Navy Seal elite level pump team that is supporting ETH. I publically called a crash. I've been eating my hat the last few days. Even if it is disgenuine, it's happening according to the chart. This reaffirms some of my conclusions about investors in this asset class, and disappoints me at the same time Sad but I'm not a dick, I love to see people make money. C.R.E.A.M.

I smell something fishy, but I can't figure out what it is.

I went from ETH fan and long term holder in this thread to "hater" after the hack. But if this is no manipulation we all have to agree that ETH is here to stay, we started discussing the bubble when it was $1-2 I think. ETH had a lot price fluctuations but I think it's time to admit that it's becoming a true contender to Bitcoin and that's not an easy task to achieve.

Even if it goes back to a more sane price of $5-7 per ETH, it will still be huge. I think this will happen after all this hype wear off, there are some new ETH projects coming up like Augur, Gnosis, etc but I'm not sure how many people will invest heavily after the DAO debacle.
legendary
Activity: 1148
Merit: 1048
Dead cat is alive, well maybe not technically, more like a zombie. BTC decline helped ETH no question, I wonder if this is a huge manipulation/exit strategy. I don't have the balls to short ETH but if this is the case it should be EPIC.

Hehe, zombie-cat lurch, I like that. Agreeing with you the btc downtrend is inversely correlated with the ETH spike, wondering still if this weekend we are going to see a huge correction or not. Forgive my paranoia, but something about this just doesn't seem right. I can't put my finger on it. But I have to give ETH its props, or the Navy Seal elite level pump team that is supporting ETH. I publically called a crash. I've been eating my hat the last few days. Even if it is disgenuine, it's happening according to the chart. This reaffirms some of my conclusions about investors in this asset class, and disappoints me at the same time Sad but I'm not a dick, I love to see people make money. C.R.E.A.M.

I smell something fishy, but I can't figure out what it is.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Dead cat is alive, well maybe not technically, more like a zombie. BTC decline helped ETH no question, I wonder if this is a huge manipulation/exit strategy. I don't have the balls to short ETH but if this is the case it should be EPIC.

Does it mean investors are selling the bitcoin and convert into the Ethereum as its community are more robust?
Looks very much so. I've even bought some more ETH on the back of the successful hard fork as its a major positive in how the community worked together and responded.
newbie
Activity: 42
Merit: 0
Dead cat is alive, well maybe not technically, more like a zombie. BTC decline helped ETH no question, I wonder if this is a huge manipulation/exit strategy. I don't have the balls to short ETH but if this is the case it should be EPIC.

Does it mean investors are selling the bitcoin and convert into the Ethereum as its community are more robust?
legendary
Activity: 1568
Merit: 1000
Dead cat is alive, well maybe not technically, more like a zombie. BTC decline helped ETH no question, I wonder if this is a huge manipulation/exit strategy. I don't have the balls to short ETH but if this is the case it should be EPIC.
sr. member
Activity: 357
Merit: 250
Dead cat over yet? Gonna be a roller coaster watching all those guys getting squeezed!

The daily interest to borrow the Ethereum to short is around 0.08% at the moment. No many people are willing to lend.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Dead cat over yet? Gonna be a roller coaster watching all those guys getting squeezed!
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Coinbase has added Eth. you can now buy Eth on Coinbase. Verified. good news for you guys. should blast off to the moon from here. Fish
Yup just checked. You can now buy ETH directly using their app.
hero member
Activity: 803
Merit: 501
Coinbase has added Eth. you can now buy Eth on Coinbase. Verified. good news for you guys. should blast off to the moon from here. Fish
sr. member
Activity: 1274
Merit: 264
I can see that Ethereum price goes down after the hack, And right now it shows that it increasing the value on the market. There might be some miracle that is happening now and a lot of traders is making comeback in ETH.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl.

That could be right. After this fork, it showed that the Ethereum community can unite and do something useful.
All within a tight time constraint and all with consensus. Something Bitcoin has repeatedly failed to do.
hero member
Activity: 2954
Merit: 683
Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl.

That could be right. After this fork, it showed that the Ethereum community can unite and do something useful.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
The problem is people are greedy and over leverage themselves and get bitch slapped by the whales. they will never learn. Smiley

Yes, the big mistake beginners make is over-leveraging their position and then getting liquidated.  You need to be conservative, analyze the risks/rewards and hedge yourself if necessary.

Speaking of shorts, this appear to be the one thing price has in its favour at the moment.  Bfxdata is showing a record short ETH position on Finex of around 560K.

I didn't know I had that many disciples! Tongue
legendary
Activity: 2842
Merit: 1511
The problem is people are greedy and over leverage themselves and get bitch slapped by the whales. they will never learn. Smiley

Yes, the big mistake beginners make is over-leveraging their position and then getting liquidated.  You need to be conservative, analyze the risks/rewards and hedge yourself if necessary.

Speaking of shorts, this appear to be the one thing price has in its favour at the moment.  Bfxdata is showing a record short ETH position on Finex of around 560K.
legendary
Activity: 1260
Merit: 1116
Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl.

Ever heard the story of RRS Sir David Attenborough? It's a new arctic explorer out of the UK. The public was asked to name the royal research ship. The results of the poll came back overwhelmingly in favour of calling the $300 million vessel BoatyMcBoatface. This is what's happened to ETH, but nobody with any pull was willing or able to override the stupidity of the crowd.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Last chance to get out before the long winter ...
The weak hands will be shaken put the tree. Who cares really anyway as ETH is a long term hodl.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Price had risen enough for me to happily get rid of what i had left.  Not a train i really want to ride anymore.  Might go up further who knows.

Exactly, I only have a very few amount left and will mine some if it's still profitable (I have a contract at Genesis that I got for nothing). I'll sell what I have if this goes well into 0.02. If not I already have my stop sets so I can still sell with a small profit.

To short ETH right now requires huge amount of balls but it can make you a lot of money if timed right really and held tight for a month or so. There will be plenty of bounces. I really don't recommend margin trading in crypto, it's just too manipulated and you are up against a wall. Buying low and selling high is relatively easy and applies to many altcoins.

It doesn't take balls, just capitol. Make sure you only margin a small portion so you won't get squeezed. I wouldn't risk more than 20% of my stack. 10% is as safe as it gets. Gives you more than enough time to choose your exit. Like everything else it takes money to make money. The problem is people are greedy and over leverage themselves and get bitch slapped by the whales. they will never learn. Smiley
hero member
Activity: 532
Merit: 500
Quite the opposite, if i were you i would accumulate as much as possible because WINTER IS COMING !
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