Cant make up my mind if I should invest in this Or not. A lot of people seem to be very negative and the price seem over hyped :S
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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 91. (Read 198951 times)
https://bitcointalk.org/index.php?topic=1382948.new#new
Short term, these swings are being driven by BTC drama. If BTC were to completely drop the ball, this would have a significant impact on Ethereum, but I don't think that is very likely. They will get their shit together eventually even if they have to shoot themselves in the foot a couple times first. Even so though, the money rotating in and out of Ethereum is providing good liquidity and driving a lot of new exposure.
Well good point mate but as in every drama, one comes out winner while the other die. An example? Nokia! Once a leader, they failed to adapt and quickly found themselves out of the game. I fear the same ending for Bitcoin. The incapacity of the Devs & the foundation to solve a simple scalability issue is killing the coin. Will Bitcoin ever recover from this mess?
I've made my choice few months ago. I've sold all my assets and bought ETH instead. So far, the wisest decision...
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.
Also Homestead is coming in 2 weeks, plus recent interest by samsung and cannonical also adds to the price increase imo.
Cant make up my mind if I should invest in this Or not. A lot of people seem to be very negative and the price seem over hyped :S
yeah negative as those who were denigrating BTC in the early days. BTC is doomed... Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap.
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.
Cant make up my mind if I should invest in this Or not. A lot of people seem to be very negative and the price seem over hyped :S
is there 1 working dapp i can check out?
ETH keeps on achieving new hights. It seems 0.02 is very possible, especially when Homestead is going to be release soon.
Lol at people afraid of making money. The bubble may pop and you can lose some satoshis, but you will definitely kill yourself if you ever download a dapp from your car or run your own bank at your home.
I looked into the wallet last night... the legal jumbo spooked me and I decided against it.
Please change my mind lol.
Please change my mind lol.
Its basically in alpha (Frontier) phase right now, going to beta (Homestead) phase on 3/14. They wanted to put up scary disclaimers for the Frontier phase in case something bad happened, but there were zero security/stability issues post launch which was July 30, 2015. The scary disclaimers are being taken down with the Homestead release, but it turns out they weren't necessary anyway.
I looked into the wallet last night... the legal jumbo spooked me and I decided against it.
Please change my mind lol.
Please change my mind lol.
Buy some ETH you pussy
I looked into the wallet last night... the legal jumbo spooked me and I decided against it.
Please change my mind lol.
Please change my mind lol.
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.
You clearly have not put much effort in to researching what Ethereum is and who is behind it.
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.
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.
He's just trying to put a pro bitcoin spin on something.
If you aren't hodling ETH now you are gonna regret it.
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'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.
I am very tempted to try to ride this bubble, even though I know it is dangerous.
It could easily fall 70% in the next day or 2, but the price could also double.
I am not usually one for trying to turn a quick trade, but I might give it a go here..
It could easily fall 70% in the next day or 2, but the price could also double.
I am not usually one for trying to turn a quick trade, but I might give it a go here..
It feels like ETH is a hedge against BTC right now. When BTC has bad news, money rotates into ETH, then as it subsides, money rotates back out. This is what pushed the last big spike, and it seems like this started again today after the BTC network hit capacity.
This is atypical of most alt coins where the more "successful" ones rode on the BTC coattails. Ethereum is running as a counter.
Long term, I don't think it matters so much. Ethereum will live and die by the usefullness of the DApps on its network. That is what the long term hloders like me are betting on.
Short term, these swings are being driven by BTC drama. If BTC were to completely drop the ball, this would have a significant impact on Ethereum, but I don't think that is very likely. They will get their shit together eventually even if they have to shoot themselves in the foot a couple times first. Even so though, the money rotating in and out of Ethereum is providing good liquidity and driving a lot of new exposure.
This is atypical of most alt coins where the more "successful" ones rode on the BTC coattails. Ethereum is running as a counter.
Long term, I don't think it matters so much. Ethereum will live and die by the usefullness of the DApps on its network. That is what the long term hloders like me are betting on.
Short term, these swings are being driven by BTC drama. If BTC were to completely drop the ball, this would have a significant impact on Ethereum, but I don't think that is very likely. They will get their shit together eventually even if they have to shoot themselves in the foot a couple times first. Even so though, the money rotating in and out of Ethereum is providing good liquidity and driving a lot of new exposure.
I think both we as Bitcoiners and the developers are starting to realize that Bitcoin will never be a proper payment system that will get adopted massively. But that doesn't mean it won't have success as a storage of wealth for many people. It's definitely something very special to have digital money stored without middle men and it has proven it works. The problem is that it just can't handle real life transactions like credit cards for example. And don't get me started on usability, it's a complete hassle to get, use and sell, what's the point? But as digital gold it's amazing and could have a very bright future.
ETH on the other hand is doing its first steps with a clean name (this is not minor, BTC is tainted for many big players) and nods from big companies. The sky is truly the limit but as with everything new one should be cautious since there will be a lot of setbacks.
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