ETH price soaring. Are you going to move some BTC into ETH? - page 95.

AliceWonderMiscreations

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Quote from: CCV.IO on February 28, 2016, 05:56:16 PM

Bitcoin is doomed and Ethereum will replace it.

Um, well, I don't know much about Ethereum but it seems to have a different utility completely than bitcoin, so I don't see why it would replace it.

Essentially it is a means of distributed computing, no?

CCV.IO

newbie

Activity: 54

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Quote from: DarkStar1O9 on February 28, 2016, 09:51:36 PM

Quote from: Spaceman_Spiff on February 25, 2016, 02:38:55 PM

Crap, I neglected to put up some orders and just missed the major dip. Could have made a killing.

I wish I had put my .14 BTC into it the other week when it was $3.70 orz

It's not too late... Buy some now while it stand at $6... If you wait, you may regret your decision when ETH will dethrone BTC Grin

DarkStar1O9

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Quote from: Spaceman_Spiff on February 25, 2016, 02:38:55 PM

Crap, I neglected to put up some orders and just missed the major dip. Could have made a killing.

I wish I had put my .14 BTC into it the other week when it was $3.70 orz

CCV.IO

newbie

Activity: 54

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The original of idea bitcoin is to create a decentralized money system that prevents censorship and being shutdown. Proof of work seemed like a good way to achieve that.... but real world competition caused many cracks to appear in this model. The first flaws that appeared were pooled mining, then came ASICs, then came cheap electricity + latency issues. These pressures has essentially caused mining to be centralised mainly in China because there they have cheap electricity, good industry for creating ASICs and low latency.

So what is the solution to this problem? Proof of stake is the solution because it remove the physical element and allows network voting power to move seamlessly accross borders. Traditional Proof of Stake contains some flaws like the Nothing at Stake problem. But the new algorithm designed for proof of stake in Ethereum solved all these issues.

The bitcoin developer community has proven that it is unable to make even small changed to the consesus algorithm. So completely switching to a different model is never going to happen.... Bitcoin is doomed and Ethereum will replace it.

bluebox

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caeruleum arca archa

Quote from: stoat on February 27, 2016, 10:43:31 AM

What is the point of refining the target as the structure progresses? Surely that means your charts are meaningless

But you don't seem to understand, charts inherently and constantly evolve their "predictions", therefore they — and the chartologists who create them — are always right. Roll Eyes

If I thought it was worth the time, I'd look up those chart predictions from a couple months ago to see how they predicted today's — or even last month's — price rise. You might wonder, how did the rest of us predict it without charts? By understanding its value and just mining the damned thing. Grin

RyNinDaCleM

legendary

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Legen -wait for it- dary

Quote from: stoat on February 27, 2016, 10:43:31 AM

What is the point of refining the target as the structure progresses? Surely that means your charts are meaningless

It shows direction for now with a target of a minimum of 61.8% of the A and stretches to 100%. That is why the target zone is fairly large right now. The end target can vary a little since it is unknown if the 3 or the 5 will extend. Far from meaningless. Keep grasping, dood!

Edit:
Elliott Wave also defines good stoplosses. A move above .01577 invalidates this chart and is the stop point for a short here. With a target around 0097 as a minimum, it makes for a 6.88 risk/Reward ratio. Definitely a decent trade setup.

stoat

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FREEDOM RESERVE

What is the point of refining the target as the structure progresses? Surely that means your charts are meaningless

RyNinDaCleM

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Legen -wait for it- dary

Quote from: mtnsaa on February 23, 2016, 04:38:12 PM

Quote from: RyNinDaCleM on February 23, 2016, 02:49:19 PM

Here's another for all the haters out there
Target has moved up a little, but outlook remains the same.

Lol that's f*cking hilarious please keep it up man!

Haha, I know, right? Roll Eyes

This thread has definitely hushed a bit. I can't imagine why...

Here's a chart

Oh, I almost forgot, 2(ish) days left for that .02 (marked in that baby shit brown vertical line). Not looking good, atm.

Sark

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Quote from: sanadas on February 26, 2016, 04:00:47 AM

When will Augur release?

Their Beta release will be very soon - likely within the next week or two.

This release will just be running on the test network, fully functional, but no real money yet.

Go live dates are estimated to be this summer time frame (roughly shadowing the Ethereum Metropolis release I am guessing).

Quidat

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DGbet.fun - Crypto Sportsbook

Quote from: doriangray on February 26, 2016, 12:33:26 AM

I'm gonna sell half of my ETH stash now, gonna buy back dip below $5.

I might do the same. The Ethereum price has risen quite a lot recently. So it might need some correction.

sanadas

sr. member

Activity: 252

Merit: 250

Quote from: partysaurus on February 25, 2016, 07:17:24 PM

eth keeps on soaring upwards i see. maybe i should get in on the action.

So the price recovered from the 4000 bitcoin sell off. There is no big support.

When will Augur release?

cdub

newbie

Activity: 15

Merit: 0

Quote from: doriangray on February 26, 2016, 12:33:26 AM

I'm gonna sell half of my ETH stash now, gonna buy back dip below $5.

Sounds a bit like my ways, though I managed to sell near the last peak, and my buy-back orders are sitting a bit lower than you mention.
I'll have to watch and see what it looks like, to gauge if I should adjust... but nothing like picking up a few hundred extra coins on a wild swing.

doriangray

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I'm gonna sell half of my ETH stash now, gonna buy back dip below $5.

partysaurus

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eth keeps on soaring upwards i see. maybe i should get in on the action.

RyNinDaCleM

legendary

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Legen -wait for it- dary

Quote from: Koamder on February 25, 2016, 01:31:34 PM

Quote from: stoat on February 25, 2016, 01:25:12 PM

The dip is caused by kraken going down because of a technical glitch.

Perfect buying opportunity.

But the Poloniex is still alive. Why the very big volume as well. maybe something is up for Ethereum?

Purely technical. It was due as I and a few other have said. Nothing more

Spaceman_Spiff

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₪``Campaign Manager´´₪

Crap, I neglected to put up some orders and just missed the major dip. Could have made a killing.

Hafitdart

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Quote from: Sark on February 25, 2016, 02:03:00 PM

Quote from: Koamder on February 25, 2016, 01:31:34 PM

maybe something is up for Ethereum?

The Homestead release candidate was announced yesterday - that triggered the current run.

So after the news is out for a day, there is a drop of the price, that drop is about 30% from the peak.

Sark

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Quote from: Koamder on February 25, 2016, 01:31:34 PM

maybe something is up for Ethereum?

The Homestead release candidate was announced yesterday - that triggered the current run.

thms

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It's still the same price as yesterday afternoon. Corrections like these are totally expected.

Koamder

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Quote from: stoat on February 25, 2016, 01:25:12 PM

The dip is caused by kraken going down because of a technical glitch.

Perfect buying opportunity.

But the Poloniex is still alive. Why the very big volume as well. maybe something is up for Ethereum?

Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 95. (Read 198829 times)