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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 46. (Read 198796 times)

legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Do you know any reason for the latest sell off of the bticoin? Is that just because it has risen too fast recently?
I think mostly the fast rise yes.  Plus the Australian auction of 24k BTC also added some sell pressure I guess.
Yeah nothing to do with the ongoing Bitfinex hack.
wtf are you talking about?  To the best of my knowledge BFX didn't get hacked, they had issues with their servers, and took down the website for a few hours because of that.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?

.0239 Smiley
Yeah, I think so too.  However, I think another violent selloff of bitcoin is also in the cards right now, not sure what that would do to the ETH/BTC ratio.  In the past months an inverse correlation was mostly the case, but sometimes a positive correlation occurred as well.  Guess we'll find out.

Do you know any reason for the latest sell off of the bticoin? Is that just because it has risen too fast recently?
I think mostly the fast rise yes.  Plus the Australian auction of 24k BTC also added some sell pressure I guess.
Yeah nothing to do with the ongoing Bitfinex hack.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?

.0239 Smiley
Yeah, I think so too.  However, I think another violent selloff of bitcoin is also in the cards right now, not sure what that would do to the ETH/BTC ratio.  In the past months an inverse correlation was mostly the case, but sometimes a positive correlation occurred as well.  Guess we'll find out.

Do you know any reason for the latest sell off of the bticoin? Is that just because it has risen too fast recently?
I think mostly the fast rise yes.  Plus the Australian auction of 24k BTC also added some sell pressure I guess.
sr. member
Activity: 357
Merit: 250
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?

.0239 Smiley
Yeah, I think so too.  However, I think another violent selloff of bitcoin is also in the cards right now, not sure what that would do to the ETH/BTC ratio.  In the past months an inverse correlation was mostly the case, but sometimes a positive correlation occurred as well.  Guess we'll find out.

Do you know any reason for the latest sell off of the bticoin? Is that just because it has risen too fast recently?
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?

.0239 Smiley
Yeah, I think so too.  However, I think another violent selloff of bitcoin is also in the cards right now, not sure what that would do to the ETH/BTC ratio.  In the past months an inverse correlation was mostly the case, but sometimes a positive correlation occurred as well.  Guess we'll find out.
jr. member
Activity: 171
Merit: 3
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?

.0239 Smiley

There was a big dump of the Etheruem coins a few hours ago. But the price is recovering again. It is amazing.
legendary
Activity: 2842
Merit: 1511
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?

.0239 Smiley
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Good volume and panic buying - it should have put in the top now.
You mean .0239 or the rebound that is happening from the sell-off just now?
legendary
Activity: 2842
Merit: 1511
Good volume and panic buying - it should have put in the top now.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Jezus, you stop looking for 20 minutes and the market moved all over the place...
sr. member
Activity: 294
Merit: 250
ETH is a joke, it should die now and never come back.

The problem is that it is supported by the Ethereum community or the community has a lot of money to keep it alive.
legendary
Activity: 2842
Merit: 1511
I'm shorting, I hope I can remain solvent because I'm not sure how much higher I can leave my short open!

You don't want to have shorted it from too low, as there's still some potential upside. On the other hand, the current run has hit the trend line from 0.008 to ~0.015, so this could turn form support into resistance now:



Next natural pit stop after that would be 0.022.

//edit: well, they're pumping it like a bitch now lol.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
ETH is a joke, it should die now and never come back.
No mate, it is going to come back again at it's good price, if you have bought a good number of ETH when it crashed in the past few days you will earn a good profit now and you have enjoyed it already. I see DAO is a great opportunity to buy now, the price is below the ICO and it is a big project so it will not die easily.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
ETH is a joke, it should die now and never come back.
legendary
Activity: 1806
Merit: 1828
And the rebound. The return to normalcy - the 'everything is fine', the 'everything is fixed' phase. It shan't last...

I'm shorting, I hope I can remain solvent because I'm not sure how much higher I can leave my short open!

Some of the ETh Devs did a white hat attack earlier today. http://www.coindesk.com/ethereum-developers-draining-dao/
You're timing for a short may not have been good. This is going to be a volatile time for ETH while the DAO wars begin. This is going to end up being a big mess.
legendary
Activity: 1568
Merit: 1000
And the rebound. The return to normalcy - the 'everything is fine', the 'everything is fixed' phase. It shan't last...

I'm shorting, I hope I can remain solvent because I'm not sure how much higher I can leave my short open!
legendary
Activity: 2842
Merit: 1511
And the rebound. The return to normalcy - the 'everything is fine', the 'everything is fixed' phase. It shan't last...
legendary
Activity: 2030
Merit: 1030
Privacy is always important
Looks like ethereum is increase again in yobit. or this is just the effect of bitcoin price because of bitfinex and 19 million sold in austrailia?
legendary
Activity: 1568
Merit: 1000
While 3.6 m won't be out there in the market, 11m ETH or whatever the DAO holds will be refunded soon after that. Guess what will happen then...ETH will most likely go back to $7-8 pre DAO prices if not lower...
hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
DAO is kind of like a faucet to spread to ETH far and wide ... for free!!

Great marketing stunt (not sure how it makes money in the end game though guise??)

That will  finish if the soft fork happens. I think the DAO holders are busy convincing the miners to do a soft fork.

The miners will do a hard fork. It is in their interest not for the thief to dump to the market. But they might not do a hard fork.

There is a voting going on about the soft fork. There is no conclusion yet. The majority of the miners support soft fork.

At the moment about 76% miners support soft fork, 20% against it. 4% do not care. The vote will continue for some time.

That could be the reason for the recent price rise. That means the 3.6 million ethereum will not be dumped to the market.
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