ETH price soaring. Are you going to move some BTC into ETH? - page 59.

hdbuck

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Quote from: Zooplus on May 02, 2016, 01:20:48 AM

The price of ether is consistently rising for the past two days, base on my observation while trading at yobit, it almost go up to 50%, last time I check was the price is 0.015 BTC then now its suddenly .019 close to 0.02BTC, what are the implications on this, is it good to buy now and invest? I have not yet pulled my trigger so I need a serious advice from our experts here.

buy! quick buy now!

Zooplus

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The price of ether is consistently rising for the past two days, base on my observation while trading at yobit, it almost go up to 50%, last time I check was the price is 0.015 BTC then now its suddenly .019 close to 0.02BTC, what are the implications on this, is it good to buy now and invest? I have not yet pulled my trigger so I need a serious advice from our experts here.

BitLoans

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It's actually healthy but not for the faint of heart that price is correcting a little bit, an hyberbole to $10 in two days would be great but it's not real in any way or form. I think the floors have to establish a little more, I can see even going 90-95 but I don't think this is a pump, there's genuine interest in ETH and the potential is real, everybody wants to get it cheap, FOMO. Now, I do understand that placing huge money here it's very high risk though, I for one could not stomach that level of anxiety.

Anyway a pump is what you saw yesterday with EXP, more than 3000% in a few hours...now that's what this community is used too so they think ETH is another scam coin just like that.

fricircled

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Quote from: Zooplus on May 01, 2016, 04:52:34 AM

Quote from: Za1n on May 01, 2016, 03:05:19 AM

Quote from: Tacalt on May 01, 2016, 02:59:36 AM

Quote from: Red-Apple on April 30, 2016, 11:35:03 AM

Quote from: parmatiya on April 29, 2016, 02:44:47 AM

The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.

it only lasted like half a day and that stage which is just a small panic sell from newbies is over and we are back above $450 again.

anyways that has nothing to do with ethereum price.

I do not think there is a panic sell from newbies. That is from big whales, who want to keep the price down to get more cheap stakes.

Yes, it would benefit those with deep pockets more now to have a lower ETH price while the DAO offer is going on than it would have a month or so ago when ETH was peaking.

I like the fluctuation of ETH now, I just move my BTC to ETH, this is good for a day trader like me, as of today I have already made a decent profit during day trading. I hope this will continue so the traders will be benefited more.

The price of Ethereum is quite volatile. If you have great day trading skills, you will make some good profits.

Zooplus

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Quote from: Za1n on May 01, 2016, 03:05:19 AM

Quote from: Tacalt on May 01, 2016, 02:59:36 AM

Quote from: Red-Apple on April 30, 2016, 11:35:03 AM

Quote from: parmatiya on April 29, 2016, 02:44:47 AM

The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.

it only lasted like half a day and that stage which is just a small panic sell from newbies is over and we are back above $450 again.

anyways that has nothing to do with ethereum price.

I do not think there is a panic sell from newbies. That is from big whales, who want to keep the price down to get more cheap stakes.

Yes, it would benefit those with deep pockets more now to have a lower ETH price while the DAO offer is going on than it would have a month or so ago when ETH was peaking.

I like the fluctuation of ETH now, I just move my BTC to ETH, this is good for a day trader like me, as of today I have already made a decent profit during day trading. I hope this will continue so the traders will be benefited more.

Za1n

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Quote from: Tacalt on May 01, 2016, 02:59:36 AM

Quote from: Red-Apple on April 30, 2016, 11:35:03 AM

Quote from: parmatiya on April 29, 2016, 02:44:47 AM

The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.

it only lasted like half a day and that stage which is just a small panic sell from newbies is over and we are back above $450 again.

anyways that has nothing to do with ethereum price.

I do not think there is a panic sell from newbies. That is from big whales, who want to keep the price down to get more cheap stakes.

Yes, it would benefit those with deep pockets more now to have a lower ETH price while the DAO offer is going on than it would have a month or so ago when ETH was peaking.

Tacalt

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Quote from: Red-Apple on April 30, 2016, 11:35:03 AM

Quote from: parmatiya on April 29, 2016, 02:44:47 AM

The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.

it only lasted like half a day and that stage which is just a small panic sell from newbies is over and we are back above $450 again.

anyways that has nothing to do with ethereum price.

I do not think there is a panic sell from newbies. That is from big whales, who want to keep the price down to get more cheap stakes.

Red-Apple

hero member

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Quote from: parmatiya on April 29, 2016, 02:44:47 AM

The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.

it only lasted like half a day and that stage which is just a small panic sell from newbies is over and we are back above $450 again.

anyways that has nothing to do with ethereum price.

ProfessionalGoogler

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Quote from: yefi on April 30, 2016, 10:19:51 AM

Just broke the log trendline...

Pew pew...

yefi

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Just broke the log trendline...

parmatiya

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The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.

sadasa

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Quote from: yefi on April 27, 2016, 12:15:52 PM

Quote from: Koamder on April 27, 2016, 10:55:26 AM

The price of Etehreum has risen over 10% from recent low. Is that the turn around or just a dead cat bounce?

It hit the 0.382 fib line (of the low last year to the peak) on the nose, so it's certainly a good candidate for a reversal. I do think it's a bull trap myself, as BTC still looks like it will break 500 USD, but each to their own.

But the bitcoin just crashed to below $440. The Ethereum did not rise much. So the Ethereum is still directionless.

yefi

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Quote from: Koamder on April 27, 2016, 10:55:26 AM

The price of Etehreum has risen over 10% from recent low. Is that the turn around or just a dead cat bounce?

It hit the 0.382 fib line (of the low last year to the peak) on the nose, so it's certainly a good candidate for a reversal. I do think it's a bull trap myself, as BTC still looks like it will break 500 USD, but each to their own.

Koamder

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The price of Etehreum has risen over 10% from recent low. Is that the turn around or just a dead cat bounce?

coinyard

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Quote from: Tacalt on April 26, 2016, 07:37:03 AM

Quote from: Jack_ofalltrades on April 26, 2016, 05:32:09 AM

Seems blockchain related currencies / developments can grow freely for now, not having regulation as a big hurdle / cost:

http://www.reuters.com/article/eu-blockchain-regulations-idUSL5N17P4I4

That is really good news. But it did not prevent the price of Ethereum to drop to new recent lows. In fact, most altcoin price has dropped.

Maybe people have shift their interest to bitcoin as the bitcoin price has risen. They will shift back from bitcoin.

Tacalt

sr. member

Activity: 294

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Quote from: Jack_ofalltrades on April 26, 2016, 05:32:09 AM

Seems blockchain related currencies / developments can grow freely for now, not having regulation as a big hurdle / cost:

http://www.reuters.com/article/eu-blockchain-regulations-idUSL5N17P4I4

That is really good news. But it did not prevent the price of Ethereum to drop to new recent lows. In fact, most altcoin price has dropped.

Jack_ofalltrades

newbie

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Seems blockchain related currencies / developments can grow freely for now, not having regulation as a big hurdle / cost:

http://www.reuters.com/article/eu-blockchain-regulations-idUSL5N17P4I4

parmatiya

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Quote from: yefi on April 25, 2016, 01:21:18 PM

In more pressing news, ETH just broke the previous low of .0165. While there is possible support around 0.015, I personally see this going down to the .0120s now.

I am not so concerned. The low price could reduce the mining hash rate growth. The difficulty is too high now.

mtnsaa

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Quote from: yefi on April 25, 2016, 01:21:18 PM

In more pressing news, ETH just broke the previous low of .0165. While there is possible support around 0.015, I personally see this going down to the .0120s now.

I agree this is a losing game if BTC keeps it up like this. Plus there's not much interest on ETH right now. I think an amazing entry point would be around 100-120k like you said. If the price goes even lower you can consolidate later on, I doubt it but hey, if BTC passes $500 then all bets are off.

There are a lot of altcoins at discounted prices, if BTC reverses in the next days or weeks the people buying right now could double or triple their money. I really don't know what's behind BTC rise.

yefi

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In more pressing news, ETH just broke the previous low of .0165. While there is possible support around 0.015, I personally see this going down to the .0120s now.

Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 59. (Read 198829 times)