Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 70. (Read 198951 times)

Quote from: vinaha on March 26, 2016, 11:13:18 AM

What do you guys think is the target for ETH for 2017? I think we'll hit 0.1 BTC

ETH will go higher for sure especially when they fully switch to POS mode then yes people will be holding more and more
so the price will hit hight maybe up to 0.2 and beyond.

The cost of PoS is lower than PoW. So people will tend to sell the coins. The price might go lower because of that.

yefi

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Good observation. However the majority of miners of the first ASICs were hodling what they mined, thus starving the market about as much as a halving would. It's still the same thing fundamentally. It wasn't until people needed to pay their electricity bills that they would mine and dump.
I was one of the first ASIC miners. I still have everything I mined.

The price increasing was the encouragement for miners to hold. I just checked the first bubble after the halving, and hashrate increased by about x3 from when the first ASIC shipped, whereas price increased by about x14. GPU mining would therefore have been at least four and a half times more profitable.

Btw, I guess you sold your account then?

zaph3t

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SynqCrypto Team

What do you guys think is the target for ETH for 2017? I think we'll hit 0.1 BTC

ETH will go higher for sure especially when they fully switch to POS mode then yes people will be holding more and more
so the price will hit hight maybe up to 0.2 and beyond.

vinaha

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Quote from: marcus_of_augustus on March 23, 2016, 05:49:06 PM

Quote from: Its About Sharing on March 23, 2016, 05:30:02 PM

Quote from: Its About Sharing on March 23, 2016, 02:57:41 PM

That article is interesting regarding Ethereums price and how it can help fund the company for quite a few years.
I would imagine companies invested and investing into Ethereum know this, so perhaps they are "funding" Ethereum
so to speak by buying the Ether, with this intention...

Well a similar thing happened with Bitcoin, maybe not quite as direct but companies like Circle, Xapo, Coinbase really started the whole Bitcoin "bubble" and interest back then, that's a fact.

Wasn't the 2013 bubble start before any of those companies had traction or even started?
I thought Gox problems and the Chinese started the bubble, well along with regular interest.

The 2013 waves up was clearly the result of the late-2012 halving ... as much as everyone wants to deny it, overshoot and a positive feedback between price-rising and perception-of-future-price demand explains the rest.

The price didn't move concurrently with first halving; it much more closely matched the shipment of gen1 avalons. It is impossible to separate the influence of first halving from the influence of asic miners.

Good observation. However the majority of miners of the first ASICs were hodling what they mined, thus starving the market about as much as a halving would. It's still the same thing fundamentally. It wasn't until people needed to pay their electricity bills that they would mine and dump.
I was one of the first ASIC miners. I still have everything I mined.

parmatiya

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Quote from: Westant on March 26, 2016, 01:15:02 AM

What do you guys think is the target for ETH for 2017? I think we'll hit 0.1 BTC

It will be between 0.01 to 0.1.

That is a very large range. I think it will be between 0.05 to 0.1. It might even go higher than 0.2.

Westant

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What do you guys think is the target for ETH for 2017? I think we'll hit 0.1 BTC

It will be between 0.01 to 0.1.

fricircled

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Quote from: Egenen on March 25, 2016, 03:51:02 AM

What do you guys think is the target for ETH for 2017? I think we'll hit 0.1 BTC

It depend on the further developments of the coin. If it has, then it will go to 0.1 or 0.5 of bitcoin. If not, it will be 0.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: marcus_of_augustus on March 23, 2016, 05:49:06 PM

Quote from: Its About Sharing on March 23, 2016, 05:30:02 PM

Quote from: Its About Sharing on March 23, 2016, 02:57:41 PM

That article is interesting regarding Ethereums price and how it can help fund the company for quite a few years.
I would imagine companies invested and investing into Ethereum know this, so perhaps they are "funding" Ethereum
so to speak by buying the Ether, with this intention...

Well a similar thing happened with Bitcoin, maybe not quite as direct but companies like Circle, Xapo, Coinbase really started the whole Bitcoin "bubble" and interest back then, that's a fact.

Wasn't the 2013 bubble start before any of those companies had traction or even started?
I thought Gox problems and the Chinese started the bubble, well along with regular interest.

The 2013 waves up was clearly the result of the late-2012 halving ... as much as everyone wants to deny it, overshoot and a positive feedback between price-rising and perception-of-future-price demand explains the rest.

The effect of halving this time will be less than 4 years ago. As the existing coins are much more.

... there's too many other variables in play to say this definitively. Mostly it depends how much the current supply of new coins is affecting price on the margin, miners do a lot more dumping of new coins these days than they did in 2012 is my impression.

gise87

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What do you guys think is the target for ETH for 2017? I think we'll hit 0.1 BTC

Egenen

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Quote from: marcus_of_augustus on March 23, 2016, 05:49:06 PM

Quote from: Its About Sharing on March 23, 2016, 05:30:02 PM

Quote from: Its About Sharing on March 23, 2016, 02:57:41 PM

That article is interesting regarding Ethereums price and how it can help fund the company for quite a few years.
I would imagine companies invested and investing into Ethereum know this, so perhaps they are "funding" Ethereum
so to speak by buying the Ether, with this intention...

Well a similar thing happened with Bitcoin, maybe not quite as direct but companies like Circle, Xapo, Coinbase really started the whole Bitcoin "bubble" and interest back then, that's a fact.

Wasn't the 2013 bubble start before any of those companies had traction or even started?
I thought Gox problems and the Chinese started the bubble, well along with regular interest.

The 2013 waves up was clearly the result of the late-2012 halving ... as much as everyone wants to deny it, overshoot and a positive feedback between price-rising and perception-of-future-price demand explains the rest.

The effect of halving this time will be less than 4 years ago. As the existing coins are much more.

yefi

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That is why I said;

It is impossible to separate the influence of first halving from the influence of asic miners.

If you think about your response to this; hopefully you will understand the rest of my last post.

You; must; enlighten; me; for; I; am; so; very; dim.

BitUsher

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Does anyone know when Bitfinex will introduce ETH shorting and margins?

yefi

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FMP ( for most people )
Show them an exchange rate between two unknowns as a number, and ask them if it will go up or down; they will tell you they don't know.

Show them a chart depicting the last 6 hrs showing a drop and ask them again; they will tell you it will go down.

Show them a chart depecting the last month showing an uptrend; they will tell you it will go up.

chart droppers think everyone is chattel

Schopenhauer said; Everyone takes the limit of their own field of vision as the limit of the world. He didn't realize why Socrates was wise.

Cause and effect do not need to be concurrent. The symptoms of syphilis can present decades after a person is infected, for example. The transmission of force can be swift or it can be slow.

I'm not sure why Schopenhauer is making us a visit, or what "chart droppers think everyone is chattel" is meant to signify.

yefi

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Quote from: Its About Sharing on March 23, 2016, 05:30:02 PM

The price didn't move concurrently with first halving; it much more closely matched the shipment of gen1 avalons. It is impossible to separate the influence of first halving from the influence of asic miners.

Concurrency - or Fisher-Price relationships for ages 1-3.

marcus_of_augustus

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Activity: 3920

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Eadem mutata resurgo

Quote from: Its About Sharing on March 23, 2016, 02:57:41 PM

That article is interesting regarding Ethereums price and how it can help fund the company for quite a few years.
I would imagine companies invested and investing into Ethereum know this, so perhaps they are "funding" Ethereum
so to speak by buying the Ether, with this intention...

Well a similar thing happened with Bitcoin, maybe not quite as direct but companies like Circle, Xapo, Coinbase really started the whole Bitcoin "bubble" and interest back then, that's a fact.

Wasn't the 2013 bubble start before any of those companies had traction or even started?
I thought Gox problems and the Chinese started the bubble, well along with regular interest.

The 2013 waves up was clearly the result of the late-2012 halving ... as much as everyone wants to deny it, overshoot and a positive feedback between price-rising and perception-of-future-price demand explains the rest.

Its About Sharing

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Antifragile