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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 50. (Read 198796 times)

legendary
Activity: 2842
Merit: 1511
This is getting interesting. If it can push past 0.0258, we might have another bull run on our hands.
newbie
Activity: 27
Merit: 1
I think what we are seeing now is that Ethereum is a hedge for people with large Bitcoin positions. People are nervous about fiat in general (particularly in China), and can now hold multiple crypto positions with more confidence than they have in the past. This is pretty amazing for crypto in general as fiat hedging was really the only viable option available in the past.

Obviously the recent Ethereum run is all because of Bitcoin and the macro economic situation that is making people worry about their fiat holdings. I'd say that we are far beyond what the fundamentals would dictate for Ethereum, but I still think the downside is fairly limited due to the macro-economics that seem to dictate a global economic slowdown is coming along with a lot of worry about the Chinese currency and possible Brexit scenarios.

I hold both Ethereum and the bitcoin. I trade both. When the price of bitcoin is too high, I buy the Ethereum with bitcoin.
full member
Activity: 140
Merit: 100
I think what we are seeing now is that Ethereum is a hedge for people with large Bitcoin positions. People are nervous about fiat in general (particularly in China), and can now hold multiple crypto positions with more confidence than they have in the past. This is pretty amazing for crypto in general as fiat hedging was really the only viable option available in the past.

Obviously the recent Ethereum run is all because of Bitcoin and the macro economic situation that is making people worry about their fiat holdings. I'd say that we are far beyond what the fundamentals would dictate for Ethereum, but I still think the downside is fairly limited due to the macro-economics that seem to dictate a global economic slowdown is coming along with a lot of worry about the Chinese currency and possible Brexit scenarios.
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
Doing a mini-pump on ETH as it just surpassed ATH in dollar terms. Will be interesting to see where this one goes. ETH/USD is undeniably bullish, but ETH/BTC looks weak.

That is because the bitcoin price is rising too fast. Maybe it is good idea to buy Ethereum with bitcoin and sell later.

Both the bitcon and the Ethereum is rising fast. But with differerent speed. So it might be a good idea to trade both.

At the moment, the Ethereum is rising faster than the bitcoin. It is quite difficult to choose which one.

Well if you ask me, I would still stick with BTC. BTC is showing some really good performance. And it's getting more and more stable now.
newbie
Activity: 24
Merit: 0
Doing a mini-pump on ETH as it just surpassed ATH in dollar terms. Will be interesting to see where this one goes. ETH/USD is undeniably bullish, but ETH/BTC looks weak.

That is because the bitcoin price is rising too fast. Maybe it is good idea to buy Ethereum with bitcoin and sell later.

Both the bitcon and the Ethereum is rising fast. But with differerent speed. So it might be a good idea to trade both.

At the moment, the Ethereum is rising faster than the bitcoin. It is quite difficult to choose which one.
sr. member
Activity: 312
Merit: 250
LTC fan 4ever
Doing a mini-pump on ETH as it just surpassed ATH in dollar terms. Will be interesting to see where this one goes. ETH/USD is undeniably bullish, but ETH/BTC looks weak.

That is because the bitcoin price is rising too fast. Maybe it is good idea to buy Ethereum with bitcoin and sell later.

Both the bitcon and the Ethereum is rising fast. But with differerent speed. So it might be a good idea to trade both.
newbie
Activity: 25
Merit: 0
Doing a mini-pump on ETH as it just surpassed ATH in dollar terms. Will be interesting to see where this one goes. ETH/USD is undeniably bullish, but ETH/BTC looks weak.

That is because the bitcoin price is rising too fast. Maybe it is good idea to buy Ethereum with bitcoin and sell later.
legendary
Activity: 2842
Merit: 1511
Doing a mini-pump on ETH as it just surpassed ATH in dollar terms. Will be interesting to see where this one goes. ETH/USD is undeniably bullish, but ETH/BTC looks weak.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
time to rotate into btc

Several weeks ago, when the Etheruem price was around 0.032, it was time to rotate into the bitcoin.

I should have done that. But I thought the Etheruem price could go to around 0.04. So I did not sell.

0.04 is quite high price for Ethereum now, because the bitcoin price is around 580, that makes it to be $22.5.

We need very good news to drive the Ethereum price above 0.04 or very bad news for bitcoi to have the same effect.

It is quite unlikely for the Etheruem price to be 0.04 now. The bitcoin price has risen a lot recently.

In the future, when it is good usage of the Etheruem, the price of Etheruem will increase against bitcoin.
sr. member
Activity: 294
Merit: 250
time to rotate into btc

Several weeks ago, when the Etheruem price was around 0.032, it was time to rotate into the bitcoin.

I should have done that. But I thought the Etheruem price could go to around 0.04. So I did not sell.

0.04 is quite high price for Ethereum now, because the bitcoin price is around 580, that makes it to be $22.5.

We need very good news to drive the Ethereum price above 0.04 or very bad news for bitcoi to have the same effect.

It is quite unlikely for the Etheruem price to be 0.04 now. The bitcoin price has risen a lot recently.
member
Activity: 96
Merit: 10
time to rotate into btc

Several weeks ago, when the Etheruem price was around 0.032, it was time to rotate into the bitcoin.

I should have done that. But I thought the Etheruem price could go to around 0.04. So I did not sell.

0.04 is quite high price for Ethereum now, because the bitcoin price is around 580, that makes it to be $22.5.

We need very good news to drive the Ethereum price above 0.04 or very bad news for bitcoi to have the same effect.
sr. member
Activity: 312
Merit: 250
LTC fan 4ever
time to rotate into btc

Several weeks ago, when the Etheruem price was around 0.032, it was time to rotate into the bitcoin.

I should have done that. But I thought the Etheruem price could go to around 0.04. So I did not sell.

0.04 is quite high price for Ethereum now, because the bitcoin price is around 580, that makes it to be $22.5.
jr. member
Activity: 171
Merit: 3
time to rotate into btc

Several weeks ago, when the Etheruem price was around 0.032, it was time to rotate into the bitcoin.

I should have done that. But I thought the Etheruem price could go to around 0.04. So I did not sell.
sr. member
Activity: 446
Merit: 250
Unpaid signature.
time to rotate into btc

Several weeks ago, when the Etheruem price was around 0.032, it was time to rotate into the bitcoin.
full member
Activity: 139
Merit: 100
time to rotate into btc
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
I am a bit regret that I sold all my Ethereum to buy the bitcoin. The Ethereum price is new all time high now.
Never ever sell Ethereum. It's been said many times before on this very fora.

I sold most of my Ethereum when the price was $0.9 early this year.  I thought the price was very high.

That would be tough to digest.
You missed the phase with the highest growth.
You don't see 10x appreciation in asset values everyday.

It's not easy to know where to sell and take profits really. $1 seems very low now but if every one of us would've predicted this we would've been rich already. I think $5 was another barrier where many sold most of their ICO Ethereum. I think right now it's best to diversify your BTC, nobody knows how high it will get and it can definitely drop back to $400 after the halving from all I know. Ethereum on the other hand can also drop but it has been holding extremely well, a very healthy sign.

It is impossible for the Ethereum price to reach $1 again. If it does, it means Ethereum is a dead coin.

i believe ethereum price will eventually stop the rises and continue on the falls. because you can always pump a coin in a limited number of times because investors will give up on profit they cannot gain because of the dumps. so it will be back to the normal price of 1-2 usd per coin
sr. member
Activity: 1274
Merit: 278
I am a bit regret that I sold all my Ethereum to buy the bitcoin. The Ethereum price is new all time high now.
Never ever sell Ethereum. It's been said many times before on this very fora.

I sold most of my Ethereum when the price was $0.9 early this year.  I thought the price was very high.

That would be tough to digest.
You missed the phase with the highest growth.
You don't see 10x appreciation in asset values everyday.

It's not easy to know where to sell and take profits really. $1 seems very low now but if every one of us would've predicted this we would've been rich already. I think $5 was another barrier where many sold most of their ICO Ethereum. I think right now it's best to diversify your BTC, nobody knows how high it will get and it can definitely drop back to $400 after the halving from all I know. Ethereum on the other hand can also drop but it has been holding extremely well, a very healthy sign.

It is impossible for the Ethereum price to reach $1 again. If it does, it means Ethereum is a dead coin.

Yes. I think the lowest price the bitcoin can go in the short term is about $7. The mining cost is about $6 now.

For some low cost miners or the big mining farms, their cost could be lower than $3, so $3 is also a possibility.
sr. member
Activity: 332
Merit: 250
I am a bit regret that I sold all my Ethereum to buy the bitcoin. The Ethereum price is new all time high now.
Never ever sell Ethereum. It's been said many times before on this very fora.

I sold most of my Ethereum when the price was $0.9 early this year.  I thought the price was very high.

That would be tough to digest.
You missed the phase with the highest growth.
You don't see 10x appreciation in asset values everyday.

It's not easy to know where to sell and take profits really. $1 seems very low now but if every one of us would've predicted this we would've been rich already. I think $5 was another barrier where many sold most of their ICO Ethereum. I think right now it's best to diversify your BTC, nobody knows how high it will get and it can definitely drop back to $400 after the halving from all I know. Ethereum on the other hand can also drop but it has been holding extremely well, a very healthy sign.

It is impossible for the Ethereum price to reach $1 again. If it does, it means Ethereum is a dead coin.

Yes. I think the lowest price the bitcoin can go in the short term is about $7. The mining cost is about $6 now.
hero member
Activity: 693
Merit: 508
I am a bit regret that I sold all my Ethereum to buy the bitcoin. The Ethereum price is new all time high now.
Never ever sell Ethereum. It's been said many times before on this very fora.

I sold most of my Ethereum when the price was $0.9 early this year.  I thought the price was very high.

That would be tough to digest.
You missed the phase with the highest growth.
You don't see 10x appreciation in asset values everyday.

It's not easy to know where to sell and take profits really. $1 seems very low now but if every one of us would've predicted this we would've been rich already. I think $5 was another barrier where many sold most of their ICO Ethereum. I think right now it's best to diversify your BTC, nobody knows how high it will get and it can definitely drop back to $400 after the halving from all I know. Ethereum on the other hand can also drop but it has been holding extremely well, a very healthy sign.

It is impossible for the Ethereum price to reach $1 again. If it does, it means Ethereum is a dead coin.
legendary
Activity: 1568
Merit: 1000
I am a bit regret that I sold all my Ethereum to buy the bitcoin. The Ethereum price is new all time high now.
Never ever sell Ethereum. It's been said many times before on this very fora.

I sold most of my Ethereum when the price was $0.9 early this year.  I thought the price was very high.

That would be tough to digest.
You missed the phase with the highest growth.
You don't see 10x appreciation in asset values everyday.

It's not easy to know where to sell and take profits really. $1 seems very low now but if every one of us would've predicted this we would've been rich already. I think $5 was another barrier where many sold most of their ICO Ethereum. I think right now it's best to diversify your BTC, nobody knows how high it will get and it can definitely drop back to $400 after the halving from all I know. Ethereum on the other hand can also drop but it has been holding extremely well, a very healthy sign.
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