ETH price soaring. Are you going to move some BTC into ETH? - page 90.

mtnsaa

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Quote from: stoat on March 02, 2016, 06:38:29 PM

What is your logic for "huge drop"?

Is it based on what? Nothing? Thought so.

Well just personal experience which is not much to be honest. However I think we all agree that there should be some sharp correction in the next days or weeks. It happened when it first hit 170, it went back to the 80-90s and recovered like a champ after that but it happened.

It's just not sustainable to see it rise until it's 100 USD or more...unless we are dealing with a new kind of monster here.

stoat

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What is your logic for "huge drop"?

Is it based on what? Nothing? Thought so.

mtnsaa

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Quote from: yefi on March 02, 2016, 04:44:43 PM

Quote from: mtnsaa on March 01, 2016, 02:38:57 PM

Don't worry, I'm old enough to not be too naive, this can all crash down in the next days or weeks but I already made some money if that was the case. It can also go $30 before it drops too. For me it could be a bubble but it's based on real interest. There's true interest in Ethereum and anyone can see that if you research it. How much exactly is it worth? Well we don't know, we don't even know if Bitcoin is cheap right now or it is in some sort of bubble already.

Absolute worth isn't important to me, only relative. I look for momentum. Bitcoin found support around 200 for nearly a year, so 430 isn't really a bubble at the moment from that perspective. I'll buy ETH when I see capitulation or strong, long-term support as I do with all coins.

That's fair enough, but in the next days it will continue to rise until Homestead is released, then some time after that there will be a huge drop but I think I'll be on the safe side since I got in at 90s or so and after more than a week I think we'll be already seeing 0.03 and more.

The problem with your strategy is that taking into consideration the way this is unfolding, there will be huge drops but I think support may be much more expensive than the current value.

yefi

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Quote from: hdbuck on February 19, 2016, 02:42:46 PM

That would be because of the purpose of the bet: "Ethereum to top $1 billion market cap before 2017"

I've bet no. Grin

Better get some prayer beads, because this isn't looking good for you Tongue

yefi

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Quote from: mtnsaa on March 01, 2016, 02:38:57 PM

Don't worry, I'm old enough to not be too naive, this can all crash down in the next days or weeks but I already made some money if that was the case. It can also go $30 before it drops too. For me it could be a bubble but it's based on real interest. There's true interest in Ethereum and anyone can see that if you research it. How much exactly is it worth? Well we don't know, we don't even know if Bitcoin is cheap right now or it is in some sort of bubble already.

Absolute worth isn't important to me, only relative. I look for momentum. Bitcoin found support around 200 for nearly a year, so 430 isn't really a bubble at the moment from that perspective. I'll buy ETH when I see capitulation or strong, long-term support as I do with all coins.

owm123

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Quote from: mtnsaa on March 02, 2016, 03:13:59 PM

ETH just broke 0.02...maybe you can wait until its price is higher than a Bitcoin to get in and take it seriously.

And imo, it will keep rising (with occasional bumps on the way) at least till Homestead releases. And then we see. It will be interesting :-)

spike420211

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4 bought so far... just returned to Betcoin after a 6-month absence, can't win enuf @ poker to keep up w/ ETH price...

mtnsaa

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ETH just broke 0.02...maybe you can wait until its price is higher than a Bitcoin to get in and take it seriously.

toknormal

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With this kind of news sprouting up all over the place I don't see an early end in sight to the rise.

This might give a substantial upwards jolt to Bitcoin/$USD price eventually because it's thinning out the Bitcoin held supply. (I don't mean reducing it obviously, but thinning it out due to the amount of hedging by large bitcoin holders).

That will reduce the supply to the risk-markets around Bitcoin while at the same time have the overall effect of pulling in lots of new capital from the fiat sector.

#JustATheory

toknormal

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I think the difference in trading pattern with ETH is that we are at a much later stage in the game that Bitcoin was in 2013 and Ethereum is now pulling in investment from outside of Bitcointalk.

Bitcoin's market was confined to speculators on bitcointalk. Ethereum has a slightly bigger playing field to harvest possibly.

mtnsaa

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Quote from: bitcerto on March 02, 2016, 05:39:51 AM

Quote from: CCV.IO on March 01, 2016, 05:57:55 PM

Quote from: countryfree on March 01, 2016, 03:49:51 PM

I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.

Actually it's quite simple. Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap.

This right here is why I could see ETH becoming THE new dominant coin given a long enough time frame. Bitcoin was the first, but I've never thought it would be the ultimate. Not saying for sure it's ETH, but given a long enough time frame (that part is important), another new coin is what will reach real mainstream success.

That being said, this definitely isn't the time to buy ETH. I'll be swooping in after all this dies down in a month or three.

Are people here complete idiots? Everyone will be "swooping" if it "dies" in a month or three, they have been saying this for the entire month of February and it's close to 0.02. I really think they think they are smart and feel unique saying this kind of nonsense. They talk about it as if they know the true price of ETH, like it's past them, a simple game, now that I see how it can do, I'll get it again at 0.00002, LOL. We don't even know the true price of BTC. For all I know maybe now it's completely overvalued at $430 (and should be around $200 or $20 maybe?). On the other hand this is the last time to buy under $450 in a while with the halving coming.

AliceWonderMiscreations

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Quote from: hdbuck on March 02, 2016, 01:56:44 AM

Quote from: CCV.IO on March 01, 2016, 06:16:27 PM

A preview of Homestand: http://dipl.me:3000

lovely HTML design.

when will homostead season 2 be available?

I know that kind of design is the "in thing" but to be honest, I can't stand it.

stoat

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Quote from: bitcerto on March 02, 2016, 05:39:51 AM

Quote from: CCV.IO on March 01, 2016, 05:57:55 PM

Quote from: countryfree on March 01, 2016, 03:49:51 PM

I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.

Actually it's quite simple. Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap.

This right here is why I could see ETH becoming THE new dominant coin given a long enough time frame. Bitcoin was the first, but I've never thought it would be the ultimate. Not saying for sure it's ETH, but given a long enough time frame (that part is important), another new coin is what will reach real mainstream success.

That being said, this definitely isn't the time to buy ETH. I'll be swooping in after all this dies down in a month or three.

You'll be "swooping" in months later to buy at a much higher price

bitcerto

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Quote from: CCV.IO on March 01, 2016, 05:57:55 PM

Quote from: countryfree on March 01, 2016, 03:49:51 PM

I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.

Actually it's quite simple. Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap.

This right here is why I could see ETH becoming THE new dominant coin given a long enough time frame. Bitcoin was the first, but I've never thought it would be the ultimate. Not saying for sure it's ETH, but given a long enough time frame (that part is important), another new coin is what will reach real mainstream success.

That being said, this definitely isn't the time to buy ETH. I'll be swooping in after all this dies down in a month or three.

iliasyaco

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Quote from: thms on February 07, 2016, 11:38:41 PM

Quote from: RyNinDaCleM on February 07, 2016, 11:22:31 PM

Don't do it!!

High probability that it won't break .01. BTC won't rally until ETH finishes somewhere above 008

Edit:
While what's cheap? ETH? Ha, it's up 400% and you think NOW is the time to buy?

I already got a few, couldn't help FoMO Grin

What's wrong in getting say, $100 or $200, just in case?

It's cheap in that, $3 is a palpable value, psychologically speaking. I always thought that BTC redenomination (shifting decimal places by 1,000) would help adoption, but whatever, seems like listening to people is not their strongest point.

a bit optimistic

asdalani

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Quote from: CCV.IO on March 02, 2016, 03:36:49 AM

Quote from: hdbuck on March 02, 2016, 01:56:44 AM

Quote from: CCV.IO on March 01, 2016, 06:16:27 PM

A preview of Homestand: http://dipl.me:3000

lovely HTML design.

when will homostead season 2 be available?

Homestand release in 12 days. You can monitor the status @ https://etherscan.io

I already installed the 1.3.4 go. https://github.com/ethereum/go-ethereum/releases.

Wait for the fork to happen.

CCV.IO

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Quote from: hdbuck on March 02, 2016, 01:56:44 AM

Quote from: CCV.IO on March 01, 2016, 06:16:27 PM

A preview of Homestand: http://dipl.me:3000

lovely HTML design.

when will homostead season 2 be available?

Homestand release in 12 days. You can monitor the status @ https://etherscan.io

hdbuck

legendary

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Merit: 1002

Quote from: CCV.IO on March 01, 2016, 06:16:27 PM

A preview of Homestand: http://dipl.me:3000

lovely HTML design.

when will homostead season 2 be available?

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Quote from: thms on March 01, 2016, 03:33:12 PM

Quote from: OgNasty on March 01, 2016, 03:25:55 PM

I've been doing the opposite. Mining ETH and converting to BTC. Whoever is pumping this is bringing back the days of profitable GPU mining for BTC.

How is it profitable if you are converting to BTC and the rate ETH/BTC went from 0.002 to 0.017 just this year? You actually lost a massive amount.

I didn't start mining it until the bubble. ETH is not a currency (although it is a sweet idea and it will be successful in my opinion). Those who are investing in it as such are going to get burned. As long as you're having fun though, that's all that matters.

CCV.IO

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A preview of Homestand: http://dipl.me:3000

Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 90. (Read 198951 times)