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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 66. (Read 198829 times)

legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
All altcoins or at least a lot of them are being dumped like crazy.  today, yesterday, etc.  Any ideas ? 
legendary
Activity: 1568
Merit: 1000
0.02 breached...

Pretty much an all-around bloodbath in alts today  Tongue

Yes it's all focused on ETH because it's obviously the main altcoin right now but if you take a look around all recent strong coins like MAID, FCT, DGB, SC,  XMR, etc are getting hammered even harder in some cases.
legendary
Activity: 994
Merit: 1035
It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. 

Based on what, how much you loathe it? We've had a good drop on good volume, you're asking for too much if you expect another -50% on this wave.



Part of the reason is bad timing (investors will want to at least temporarily park in BTC for the halvening), part of the reason is Ethereum is losing its luster due to people wisening up, another reason is the advent of new clones and rootstock coming on board , and another reason is the fact that a majority of the coins were created for free or purchased at much cheaper rates where many investors will be tempted to take profits when they see eth sliding. What sustains a support is not just confidence but the average of where people purchased the coins at because many don't invest to sell for a loss. In this case most of the 79 million ether was premined or sold for much cheaper which gives a strong indication that ether could potentially and is likely to drop much further.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
You guys get bored of this circle jerk or what ?
Another day and more of the same topic spam..
So uhh.. get any real world adoption?

You guys are boring and your scam coin is gay bullshit.

PS:
Go create an account over it..
legendary
Activity: 2842
Merit: 1511
It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. 

Based on what, how much you loathe it? We've had a good drop on good volume, you're asking for too much if you expect another -50% on this wave.

legendary
Activity: 994
Merit: 1035
just two time try to buy etherum,and yesterday i'm bought at 0.023  Undecided now its going down -17.85% on polonies,mad mad mad !!  Cry Cry Cry

This is approaching the bottom now imo - may have one more day of it, but that'll be it.

It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. 
legendary
Activity: 2842
Merit: 1511
just two time try to buy etherum,and yesterday i'm bought at 0.023  Undecided now its going down -17.85% on polonies,mad mad mad !!  Cry Cry Cry

This is approaching the bottom now imo - may have one more day of it, but that'll be it.
sr. member
Activity: 294
Merit: 250
just two time try to buy etherum,and yesterday i'm bought at 0.023  Undecided now its going down -17.85% on polonies,mad mad mad !!  Cry Cry Cry
legendary
Activity: 2842
Merit: 1511
0.02 breached...

Pretty much an all-around bloodbath in alts today  Tongue
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
This could get ugly now




Pumpers already cashed out from polo. Don't average down if you hodl the bag. Dump and run away  Grin

https://blockchain.info/charts/balance?address=17irB8xLxhVRerCoUyypnmpoak3QBpVp2z
full member
Activity: 201
Merit: 100
Now is the perfect time to buy ether. it has been very solid and seems to want to go back up naturally.

The price has recovered some bit. The price is around 0.0237 now. So there is quite strong buying support.

Nope. 0.02 is next support level, and failing that I'd suggest it filling the gap between 0.018 and 0.016. Look for high volume. Should see a good bounce then.

The price is trading around 0.020x. If the 0.02 is broken, the price could go down to test the 0.015 level.
legendary
Activity: 994
Merit: 1035


The main idea in crypto and blockchains technologies is decentralization, you can definitely run a clone for your bank or business institution and be done with it. However the future is in IOT and security will be very important, a standard platform needs to be in place. Plus why would you use a clone that will take a lot of money and devs to make and maintain when some of the best in the world are working on Ethereum and Bitcoin right now?

Ethereum is open source, a clone can be bootstrapped to a much wider audience, thus be more decentralized and more secure than Ethereum. A clone wouldn't take any maintenance to maintain as it could simply just leach off of Ethereum like classic is doing with core in bitcoin. The same is true for every DAPP. The only thing making Eth unique is PoW , and they will be throwing that away.

First there are no Dapps that make sense for solving a business problem at the moment. Secondly, one can easily make a more secure , more decentralized clone where BTC users get awarded free fuel instead of buying into speculators pockets.

So how do you suppose the Ethereum community will solve this dilemma?

The main idea in crypto and blockchains technologies is decentralization,


Decentralized blockchain "programs " make little sense. Please cite one hypothetical use case for needing a turing complete blockchain. You understand that satoshi and other BTC devs delibretely disabled most of btc's functionality on purpose, right? You clearly aren't a programmer if you don't understand how insecure a turing complete blockchain is and how one can easily game Ethereum to undermine the security of DAPPs.
legendary
Activity: 2842
Merit: 1511
Now is the perfect time to buy ether. it has been very solid and seems to want to go back up naturally.

The price has recovered some bit. The price is around 0.0237 now. So there is quite strong buying support.

Nope. 0.02 is next support level, and failing that I'd suggest it filling the gap between 0.018 and 0.016. Look for high volume. Should see a good bounce then.
legendary
Activity: 1568
Merit: 1000
I think right now a price lower than $5 for ETH is just too cheap because many are expecting to consolidate their stake positions and for less than $5 is just too cheap to do so.

The price of Eth should be a negative number until it finds a use case. As of the moment I cannot see any role for ether except being one of the most inefficient methods of running script. There could be a use case devised in the future, but than why wouldn't someone just use a clone with PoS instead?

The main idea in crypto and blockchains technologies is decentralization, you can definitely run a clone for your bank or business institution and be done with it. However the future is in IOT and security will be very important, a standard platform needs to be in place. Plus why would you use a clone that will take a lot of money and devs to make and maintain when some of the best in the world are working on Ethereum and Bitcoin right now?
sr. member
Activity: 294
Merit: 250
Now is the perfect time to buy ether. it has been very solid and seems to want to go back up naturally.

The price has recovered some bit. The price is around 0.0237 now. So there is quite strong buying support.
legendary
Activity: 994
Merit: 1035
I think right now a price lower than $5 for ETH is just too cheap because many are expecting to consolidate their stake positions and for less than $5 is just too cheap to do so.

The price of Eth should be a negative number until it finds a use case. As of the moment I cannot see any role for ether except being one of the most inefficient methods of running script. There could be a use case devised in the future, but than why wouldn't someone just use a clone with PoS instead?
member
Activity: 86
Merit: 10
Now is the perfect time to buy ether. it has been very solid and seems to want to go back up naturally.
legendary
Activity: 1568
Merit: 1000
price goes up price goes down, best bet is to hold your altcoin until it is pumped like crazy, maybe happens in 1 year, doesnt matter.

For those speculators, we are clearly at the tail end of a multiple month pump. Because of the bitcoin halvening approaching which will than double the relative inflation of Ethereum it would be wise to take your profits as soon as possible. Those that are already in the red because of multiple downturns can decide whether to take a small loss or gamble that there will be another pump in a year or two. It is doubtful Ethereum will rise with the BTC tide because most smart money will at least temporarily dump their ETH for BTC. Even if you are hopeful of Ethereum's long term future which is questionable at minimum it is a lost opportunity to avoid a btc bubble which is likely to occur due to disinflation.

Please nobody will flock to buy BTC because of the halvening, we all know is BS and Bitcoin is at a huge crossroads. It may go up a little, but I don't see it passing $500. I agree that ETH have a lot more room to drop than to climb right now but in my opinion it has held its price very well, from $9-12, very stable and without major news so I think it can sit there, maybe even dropping to 7-8 but not less than $5. The problem with ETH is that the rise to $15 was just too quick and a complete bubble (the only real bubble on the last months). I think right now a price lower than $5 for ETH is just too cheap because many are expecting to consolidate their stake positions and for less than $5 is just too cheap to do so.
legendary
Activity: 994
Merit: 1035
price goes up price goes down, best bet is to hold your altcoin until it is pumped like crazy, maybe happens in 1 year, doesnt matter.

For those speculators, we are clearly at the tail end of a multiple month pump. Because of the bitcoin halvening approaching which will than double the relative inflation of Ethereum it would be wise to take your profits as soon as possible. Those that are already in the red because of multiple downturns can decide whether to take a small loss or gamble that there will be another pump in a year or two. It is doubtful Ethereum will rise with the BTC tide because most smart money will at least temporarily dump their ETH for BTC. Even if you are hopeful of Ethereum's long term future which is questionable at minimum it is a lost opportunity to avoid a btc bubble which is likely to occur due to disinflation.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
price goes up price goes down, best bet is to hold your altcoin until it is pumped like crazy, maybe happens in 1 year, doesnt matter.
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