Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 55. (Read 198796 times)

Will the exchanges list DAO/ETH or DAO/BTC? 

I think DAO/BTC and DAO/Fiat is more appropriate for them because DAO/ETH won't have any volume imo.

11 million Ethereum is quite a lot. It is almost 15% of the Ethereum locked at the moment. When the DAO finishes, there might be 20 million Ethereum.

I'm not sure if it will stop there the way things are going...we'll definitely see some blood close to the DAO creation, perhaps a little earlier than expected. But having 11m ETH and counting locked in the DAO had a big impact I think.

This certainly went higher than I thought it would. I jettisoned around 0.028 on the way up. Thought I was going to get my stop order at .0325 filled  

You sure are some kind of special - nothing you ever say has been right or currently is. So maybe you and r0ach can go butt fuck eachother.

I expected it.. and again & again.
It's how this stuff works.

You can tell early on who is a long con'er and will not leave.
It was obvious they were not going to let up..

The associated pump'ers are simply running cycles on your ass's.
In 2016 this is old news.. unless your a cocky idiot noob profiteers who *thinks* he knows things.
Then good luck with your "profits" smart guys ROFL

It's all rather predictable.

For example Startcoin was "prepped" in a similar way and i expect it to play out about the same.
You can see this crap a mile away if you have been doing this shit long enough and have common sense
and pay attention.

And anyone that has cried FUD is probably stupid.
It means they lack the physical ability to be observant and objective
and when trading that is 90% of the skill needed.

Whale food peanuts babies profiteers liek omg i made 1 Bitcojn i am leetz tradorz !
HODl to line and lambo's train moon i aemz to having he ETH 678999f billioon trillion market cap.
Anon air drop crwod fundZ IPO inveSTAR goink for teh WIN i am pro leetz trador !

Altcoins ..digital pyramid scheme coins that are accepted NO WHERE.
Used to trade on exchanges so rich people can "Pump" them and poor loser dipshits can bran about making 50 cents all on corrupt exchanges that manipulate & control and close down randomly.. oops i wuz haxed.

What kind of a retard fucking dipshit keeps falling for the same scam 1,000's & 1,000's of times ?
You guys !

Apparently no matter how many 1,000's of coins come out the NEXT one is the ONE LIEK OMG BUY BUY !!
It amuses my balls off how you all just jump from the next one to the next one year after year
coin after coin ..in the thousands !
And then have the fucking nerve to try and deny that it's not all just a pyramid scheme.
That is precisely what this shit is and has been for years now.

It could be "Give a Baby AID's IPO/ICO Coin" and you Investards would scream TAKE MY MONEY NOW !
..then quietly dump them.  

I come here to laugh at you Investards
Dance profiteers.. amuse me clowns !

Something I've learned - Don't fight the trend. Now, if you believe in Ethereum (or any coin for that matter), just go long and close the books. I'm not sure what is going to happen in this space. I love Ethereum but also like LISK and some of the other techs coming - spread out your bets. This space is a little baby and it can run and make no sense.

I'm not sure about that relationship you mention. I just can't imagine that when BTC breaks up (or down) out of this triangle that ETH won't do the opposite. Remember, as great as ETH is, BTC is already proven in real world transactions. We are not sure what ETH can do at this point.

Good luck,
IAS

I'm not sure if BTC mining equipment can be used for ETH, but the halving must accelerate the rate of mining equipment becoming obsolete. If (and I'm just speculating here) those miners can use their equipment to turn a profit on other cryptocurrencies, hash rates there can increase a lot while bitcoin's hash rate goes down a little.

You can never say what's the normal until after the moment. We'll see in a few months if the current 0.02795 BTC value holds for ETH.

Ok, thanks.


Yes, the current rally hasn't come as a surprise to me, and can be interpreted as the the 'return to normal' phase of a bubble. What I would be looking for to signal a new high would be a breach of 0.03 (well, 0.03247 to be precise).

Crap. Worst case, I missed out on the day-trade from hell.
Any thoughts on how ETH gets affected by the BTC halving early July?

The hype is far from being finished. The price is resisting to the 0,03BTC cap. I still believe in a big resurgence in price after all the weak hands sold their precious ETH. I love how jealous people criticize Ethereum because they did not had their slice of the pie Cheesy !

No but i'll happily watch on with enjoyment  enjoy the profits  eth to the mooon...yall gunna be rich soon..it's a sure thing..mortgage your house, sell your sister..just for god sake buy some ETH!

I'm not quite sure how it all works technically, but if you split from the DAO before any proposal is approved, you just get your ETH back and the tokens themselves are burned forever.

I've invested some for trading and others for long term since nobody knows what will happen, and that for me is always a good thing. I definitely wouldn't touch ETH right now though.

yefi, are you still a skeptic on ETH? We discussed this "bubble" for too many pages in this thread haha.

Eventually yes, the DAO will spend them to buy contracted work. How fast that happens is kind of anyones guess at this point. Its likely to be fairly slow, and since everything is done transparently, any big shifts will be know about a significant amount of time in advance.

Hm, how are DAO tokens burnt? I presume that's not something you can do as a holder of an IOU?

Well many invested in DAO with the rate of 1 ETH = 100 DAO when the price per ETH was sub 0.02...so I think many tokens will be burned back to ETH if the price is above 0.03 after the creation phase. However it's hard to predict how will it all play out, burning tokens without proposals make them more valuable for the remaining holders since there will be less. A possible scenario is that many will burn dao tokens and cash out their ETH, this will make ETH price drop a lot but increase the price of the tokens, so it's a catch 22.

Sure, if you think that that you can gain some profit. But for me, I'm not going to move some BTC into ETH.

Will those DAO Ethereum come back to the market in the future?

My theory would be that we are now seeing some Chinese exchanges buying some ETH in order to have liquidity for launching their own markets. There is enough smoke around the OKCoin rumor to assume that it is likely they will be in the game soon. Similar to what we saw earlier in the year where the rise was largely driven by exchanges like Kraken, Bitfinex, and Gemini buying to build stock. Likely when the Chinese exchanges actually announce support for ETH markets, it will be a non-event because the buying to support those markets has already happened but we are seeing the effects now.

"Bad" timing for them though since supply was just reduced by 15% in the previous two weeks due to the DAO.

The market is indicating strong buy signals in ETH and its price is heading northwards very strongly now. This is last chance for the naysayers to bag some cheap ETH.