Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 73. (Read 198796 times)
If BTC goes down its taking everything with it - no matter how much an altcoin distances itself its still a altcoin.
Vitalik did indicate he would dump 2 million for Fiat soon -
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
Perhaps he already did , perhaps it was others ? Any which way , until The Ethereum Foundation finds funding elsewhere they will be forced to continue dumping large amounts of their premine onto the market to fund all their expenses... This coupled with the high inflation indicated either a slow or fast capitulation from this bubble.
Love his outfits though... purple is def in!
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
Perhaps he already did , perhaps it was others ? Any which way , until The Ethereum Foundation finds funding elsewhere they will be forced to continue dumping large amounts of their premine onto the market to fund all their expenses... This coupled with the high inflation indicated either a slow or fast capitulation from this bubble.
Love his outfits though... purple is def in!
Lol, the desperation to spread FUD is stronger than ever, you just keep watching as your precious BTC starts going sub 400 first, then 300...and I'll guarantee you it will reach sub 100 eventually when all rats jump ship. Capitulation and bubble you said...
I hope this doesn't happen to Bitcoin, even though I am very pro Ethereum oriented. After all, Bitcoin is all of ours first child!
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Lol, the desperation to spread FUD is stronger than ever, you just keep watching as your precious BTC starts going sub 400 first, then 300...and I'll guarantee you it will reach sub 100 eventually when all rats jump ship. Capitulation and bubble you said...
I dont think that would ever happen on bitcoin if you compare your ETH chart to BTC chart i think your eth will be the one go down first.
Are you enjoying your ride to your precious ETH lately?.
Vitalik did indicate he would dump 2 million for Fiat soon -
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
Perhaps he already did , perhaps it was others ? Any which way , until The Ethereum Foundation finds funding elsewhere they will be forced to continue dumping large amounts of their premine onto the market to fund all their expenses... This coupled with the high inflation indicated either a slow or fast capitulation from this bubble.
Love his outfits though... purple is def in!
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
Perhaps he already did , perhaps it was others ? Any which way , until The Ethereum Foundation finds funding elsewhere they will be forced to continue dumping large amounts of their premine onto the market to fund all their expenses... This coupled with the high inflation indicated either a slow or fast capitulation from this bubble.
Love his outfits though... purple is def in!
Lol, the desperation to spread FUD is stronger than ever, you just keep watching as your precious BTC starts going sub 400 first, then 300...and I'll guarantee you it will reach sub 100 eventually when all rats jump ship. Capitulation and bubble you said...
Vitalik did indicate he would dump 2 million for Fiat soon -
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
Perhaps he already did , perhaps it was others ? Any which way , until The Ethereum Foundation finds funding elsewhere they will be forced to continue dumping large amounts of their premine onto the market to fund all their expenses... This coupled with the high inflation indicated either a slow or fast capitulation from this bubble.
Love his outfits though... purple is def in!
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
Perhaps he already did , perhaps it was others ? Any which way , until The Ethereum Foundation finds funding elsewhere they will be forced to continue dumping large amounts of their premine onto the market to fund all their expenses... This coupled with the high inflation indicated either a slow or fast capitulation from this bubble.
Love his outfits though... purple is def in!
If bitcoin should fail it would take every other coin down with it. There will be no confidence left in cryptocurrency period.
It will definitely not take ETH since now it gained the image of the "anti" Bitcoin, a more corporate, clean slate technology. This is a fact, however for that to happen ETH should start to get away from being priced in BTC. I think we'll see some major announcements and deals in the next weeks (Coinbase for example). When you start thinking on ETH in terms of fiat and not BTC, you'll see the real bubble.
If bitcoin should fail it would take every other coin down with it. There will be no confidence left in cryptocurrency period.
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
lol good luck with that. I have a target of around 0.016-0.018 for this.
You sure about that? I bought at the bottom today and I'll buy at those numbers too. Yesterday was another pathetic attempt to make Bitcoin happen. Now the price of BTC plummeted again, something nobody talks about...
I don't care if we don't see 0.03 in the next days, we'll eventually (and much more), maybe in a month. But one thing I know is for sure, Bitcoin will be back to sub $400 very very soon.
Of course I'm not sure - but I have a higher level of confidence in it than other estimates. I have smaller buys higher up the book as well (in fact, one got filled today), but that's where I'm centering the majority of my bids. If I see that 0.02 is holding, I will re-evaluate.
Well done if you bought at the bottom today, though I am sure you have bought in higher already given that you considered it to be recovering previously and that .025-028 was a great price to get in.
Regarding Bitcoin, folk probably don't talk about its movements here because this is the alt section.
I did buy at 250-270 but not that much, I knew the downtrend would continue and was pleasantly surprised that my low 200k orders got filled. Either way I'm not worried, this is really a gift from the gods since I know Ethereum will be much more valuable as time passes (and I don't have any faith on BTC uprising even with the halvening, quite the contrary).
I think the actual bubble on ETH started at $7-8 when Homestead started to approach, it should've never reach $15 that quickly. I feel we'll never see $5 again unless there are some very bad news. It would be very easy to put some money below $5 and just have enough ETH to stake...so it won't happen.
Consider that there was also no recent news or announcements made, so this is as low as it can get, perhaps it can touch your numbers, that would be amazing really in my opinion, I'll stack up. If tomorrow Coinbase announces it will sell ETH or a similar deal like that, a new bubble will start. Crypto is a risky investment but if you are willing to hold I think Ethereum is bound to $20 at least sometime during this year alone. The BTC ship is really shinking and I feel many companies will start to flee to leave BTC only to some speculators, chinese miners and decentralized idealists (oh the irony)...
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
lol good luck with that. I have a target of around 0.016-0.018 for this.
You sure about that? I bought at the bottom today and I'll buy at those numbers too. Yesterday was another pathetic attempt to make Bitcoin happen. Now the price of BTC plummeted again, something nobody talks about...
I don't care if we don't see 0.03 in the next days, we'll eventually (and much more), maybe in a month. But one thing I know is for sure, Bitcoin will be back to sub $400 very very soon.
Of course I'm not sure - but I have a higher level of confidence in it than other estimates. I have smaller buys higher up the book as well (in fact, one got filled today), but that's where I'm centering the majority of my bids. If I see that 0.02 is holding, I will re-evaluate.
Well done if you bought at the bottom today, though I am sure you have bought in higher already given that you considered it to be recovering previously and that .025-028 was a great price to get in.
Regarding Bitcoin, folk probably don't talk about its movements here because this is the alt section.
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
lol good luck with that. I have a target of around 0.016-0.018 for this.
You sure about that? I bought at the bottom today and I'll buy at those numbers too. Yesterday was another pathetic attempt to make Bitcoin happen. Now the price of BTC plummeted again, something nobody talks about...
I don't care if we don't see 0.03 in the next days, we'll eventually (and much more), maybe in a month. But one thing I know is for sure, Bitcoin will be back to sub $400 very very soon.
it was as low as $225 last summer. it seems a bit full at $4XX
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
lol good luck with that. I have a target of around 0.016-0.018 for this.
You sure about that? I bought at the bottom today and I'll buy at those numbers too. Yesterday was another pathetic attempt to make Bitcoin happen. Now the price of BTC plummeted again, something nobody talks about...
I don't care if we don't see 0.03 in the next days, we'll eventually (and much more), maybe in a month. But one thing I know is for sure, Bitcoin will be back to sub $400 very very soon.
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
lol good luck with that. I have a target of around 0.016-0.018 for this.
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
Indeed. ETH is a fantastic new tech still in its embryonic stages. Remember we are just out of beta. A lot of good times ahead for ETH and the guys. Let's not forget the successful POC conducted by R3CEV on behalf of 40 of the worlds largest banks. Talking of which R3CEV are funding next weeks Ethereum Socrates meeting in NYC. 
pumpers become now the dumpers ... shorts will be ruthless with this puffed up nothingness
I dunno...Even if you're absolutely right, shorting is a well-traveled way to get punished for being right.
"The market can remain irrational for far longer than you can remain solvent"
- J.M. Keynes...or any short-seller who got liquidated by a margin call only to see the overpriced you-know-what crater three months later.
Lol Bitcoiners had a "good" day after all the agony that's still ahead and like to pick a bad day based on fake news, the price is already recovering and should touch 0.03 again during the weekend. We'll see where BTC and ETH are by the end of the year...
pumpers become now the dumpers ... shorts will be ruthless with this puffed up nothingness
But you guys are forgetting the move to pos is scheduled for the end of year. When that happens inflation will more less 0
Switching to PoS simply means a change in security model to weaken ethereum as a tradeoff to eliminate PoW. The issuance and inflation may still be high -
In this case much higher inflation than bitcoin.
https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/
Quote
"Taking into account both creation of new ETH and loss of existing ETH, in the first year, this represents a monetary inflation rate of 22.4%. In the second year the rate drops to 18.1%. By the tenth year, the rate is 7.0%. In year 38, it hits 1.9%. And in the 64th year, the level of 1.0% is reached."
In this case bitcoin will reach less than 1% inflation in 2021, and Ethereum will reach 1% after 2080 (iF it is still around).
The more complicated matter is people are investing in a coin where Vitalk hasn't even made up his mind concerning the future inflation rate* and may stay to the original plan or change it at the last moment. Such is the case with a centrally planned work in progress.
*This is a really troubling fact. It is quite insane that people are throwing money at an unfinished whitepaper where the variables of coin distribution and security/consensus algorithm have yet to be determined.
https://www.reddit.com/r/ethereum/comments/3evolq/how_many_ethers_are_going_to_be_created_in_the/
But you guys are forgetting the move to pos is scheduled for the end of year. When that happens inflation will more less 0
Switching to PoS simply means a change in security model to weaken ethereum as a tradeoff to eliminate PoW. The issuance and inflation may still be high -
In this case much higher inflation than bitcoin.
https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/
Quote
"Taking into account both creation of new ETH and loss of existing ETH, in the first year, this represents a monetary inflation rate of 22.4%. In the second year the rate drops to 18.1%. By the tenth year, the rate is 7.0%. In year 38, it hits 1.9%. And in the 64th year, the level of 1.0% is reached."
In this case bitcoin will reach less than 1% inflation in 2021, and Ethereum will reach 1% after 2080 (iF it is still around).
The more complicated matter is people are investing in a coin where Vitalk hasn't even made up his mind concerning the future inflation rate* and may stay to the original plan or change it at the last moment. Such is the case with a centrally planned work in progress.
*This is a really troubling fact. It is quite insane that people are throwing money at an unfinished whitepaper where the variables of coin distribution and security/consensus algorithm have yet to be determined.
https://www.reddit.com/r/ethereum/comments/3evolq/how_many_ethers_are_going_to_be_created_in_the/
Eth is dead. Next shitcoin please.
The title should be changed to ETH price tanking, Are you going to sell ETH for BTC?
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