Ethereum: Good alt or stay away? - page 149.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: sanadas on April 30, 2016, 05:59:21 AM

Quote from: Nxtblg on April 28, 2016, 04:35:49 PM

Quote from: Fademigo on April 28, 2016, 03:09:07 PM

The Ethereum price is quite volatile. It dropped quite a lot. But it has not dropped below 0.015. Is that a bottom?

It looks like one; certainly, $7 looks like one. But when it comes down to it: if you put your money down, you've either got to have faith that ETH is a HODL or else you've gotta use a stop-loss.

I still have some faith in Ethereum. So when it drops to $5, I will buy some. But it will depends on the development of the coin.

i don't have any more faith in Ethereum, not after Vitalik dumped his own creation for fiat. that was a terrible sign for me to not think about ethereum as a long term thing. but only as a short term rocket to sometimes catch a lift to the top and get out fast while it is high.

WINBC

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great time to buy ethereum.

Ethereum to switch to Proof-of-Stake before November 1, 2017

http://cryptomine.weebly.com/cryptomine-blog/ethereum-to-switch-to-pos-before-november-1-2017

Minecache

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Vave.com - Crypto Casino

Good time to jump into the ETH train. Price and outlook is good over short to long term.

Enotche

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only now read the news about the fact that Vitalick Buterin sold part of its share of the brainchild ethereum, I like his comments: "I still say it's an experiment, and all may be to collapse ..."

http://forklog.com/burya-v-stakane-vitalik-buterin-prodal-chetvert-prinadlezhavshih-emu-tokenov-ethereum/
(use translator)

Aki4real

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As this might be one of the few threads where FUD and PUMP is not in abundance, I'd like to say that both sides on the Ethereum debate are going to extreme measures to get their voices heard.

For me that has an adverse effect, I hate the useless pumping it hurts Ethereum credibility for me. I hate the (unfundamental) FUD spread, which makes me interested in Ethereum.

Aki4real

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TheDao has put strong buying pressure on ETH, let's see if this is the late accumulation stage of the coin and we'll see a big rise soon.

Nxtblg

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Quote from: ttookk on April 30, 2016, 05:10:17 PM

Not exactly. It basically is a investment company owned be the DAO token holders, who can vote which projects shall be funded. Slock.it is their posterboy for that.

Thanks.

ttookk

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Quote from: hvezdasmrti on April 30, 2016, 05:13:28 PM

It looks like a complex... complex ponzi.

Buy ethereum... pump runs out of steam? Oh, doesnt matter, buy DAO! What is DAO? I still dont know what is DAO (and yes i have read the empty phrases at its webpage), its an organisation. Or just a brotherhood? However what is sure- its a servant of ethereums price, currently the only sense of existence is the pump of ethereum by direct buy support and the whole DAO looks like a gam(bl)e.

It looks very very similar to NXT, do you remember? There were also "smart contracts" - it was called "NXT tokens, NXT exchange, NXT colored coins etc." and it worked just to buy NXT until the whole NXT ecosystem as bitcoin 2.0 crashed and got forgotten. Ethereum is also proven to be 2.0, pumped by similar way and the same way will be dumped when the "contracts" get dumped to cash out by "contractors".

It is hard to argue against it, since at the moment, the whole altcoin market basically is a giant ponzi scheme. You are right that at this point, it is just another promise. But it is a promise you can profit from, even before it is fulfilled. see the ETH market right now.

hvezdasmrti

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It looks like a complex... complex ponzi.

Buy ethereum... pump runs out of steam? Oh, doesnt matter, buy DAO! What is DAO? I still dont know what is DAO (and yes i have read the empty phrases at its webpage), its an organisation. Or just a brotherhood? However what is sure- its a servant of ethereums price, currently the only sense of existence is the pump of ethereum by direct buy support and the whole DAO looks like a gam(bl)e.

It looks very very similar to NXT, do you remember? There were also "smart contracts" - it was called "NXT tokens, NXT exchange, NXT colored coins etc." and it worked just to buy NXT until the whole NXT ecosystem as bitcoin 2.0 crashed and got forgotten. Ethereum is also proven to be 2.0, pumped by similar way and the same way will be dumped when the "contracts" get dumped to cash out by "contractors".

ttookk

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Quote from: Nxtblg on April 30, 2016, 02:28:11 PM

Quote from: ttookk on April 30, 2016, 10:56:40 AM

ETH rising quite a bit today. Do you guys think it has something to do with the start of the DAO crowsale(https://daohub.org/)? I mean, around 211 000 ETH are quite a bit. Plus, there is no "1st day bonus", the ETH to DAO exchange rate will stay the same for the next 13 days. Wth that in mind, ETH could rise a little higher still, right?

Interesting. is DAO the new name for slock.it?

Not exactly. It basically is a investment company owned be the DAO token holders, who can vote which projects shall be funded. Slock.it is their posterboy for that.

Quote from: LandOwner on April 30, 2016, 02:05:45 PM

Quote from: ttookk on April 30, 2016, 10:56:40 AM

ETH rising quite a bit today. Do you guys think it has something to do with the start of the DAO crowsale(https://daohub.org/)? I mean, around 211 000 ETH are quite a bit. Plus, there is no "1st day bonus", the ETH to DAO exchange rate will stay the same for the next 13 days. Wth that in mind, ETH could rise a little higher still, right?

But at the end of the day, those 211k Etheruem has to be spent, so it will be sold again to the market.

Well, the ETH is paid into an account which is used to fund projects (see above). The main idea is, that those projects are profitable, thus bringing more ETH into the DAO system. If I understand correctly, you can swap your DAO tokens for ETH earned that way, but I am not completely sure.

Interestingly enough, that means that DAO tokens are backed by ETH.

So, if it is going to be spend, it probably won't happen in one big chunk, especially since the people who invested in the DAO have an interest of keeping the ETH price high.

Nxtblg

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Quote from: ttookk on April 30, 2016, 10:56:40 AM

ETH rising quite a bit today. Do you guys think it has something to do with the start of the DAO crowsale(https://daohub.org/)? I mean, around 211 000 ETH are quite a bit. Plus, there is no "1st day bonus", the ETH to DAO exchange rate will stay the same for the next 13 days. Wth that in mind, ETH could rise a little higher still, right?

Interesting. is DAO the new name for slock.it?

LandOwner

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Quote from: ttookk on April 30, 2016, 10:56:40 AM

ETH rising quite a bit today. Do you guys think it has something to do with the start of the DAO crowsale(https://daohub.org/)? I mean, around 211 000 ETH are quite a bit. Plus, there is no "1st day bonus", the ETH to DAO exchange rate will stay the same for the next 13 days. Wth that in mind, ETH could rise a little higher still, right?

But at the end of the day, those 211k Etheruem has to be spent, so it will be sold again to the market.

ttookk

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Activity: 994

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ETH rising quite a bit today. Do you guys think it has something to do with the start of the DAO crowsale(https://daohub.org/)? I mean, around 211 000 ETH are quite a bit. Plus, there is no "1st day bonus", the ETH to DAO exchange rate will stay the same for the next 13 days. Wth that in mind, ETH could rise a little higher still, right?

sanadas

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Quote from: Nxtblg on April 28, 2016, 04:35:49 PM

Quote from: Fademigo on April 28, 2016, 03:09:07 PM

The Ethereum price is quite volatile. It dropped quite a lot. But it has not dropped below 0.015. Is that a bottom?

It looks like one; certainly, $7 looks like one. But when it comes down to it: if you put your money down, you've either got to have faith that ETH is a HODL or else you've gotta use a stop-loss.

I still have some faith in Ethereum. So when it drops to $5, I will buy some. But it will depends on the development of the coin.

mybitcoin101

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Vitalikhisballs dumped his eth to buy pimple creme and to feed his goat that he bangs.

Nxtblg

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Quote from: Fademigo on April 28, 2016, 03:09:07 PM

The Ethereum price is quite volatile. It dropped quite a lot. But it has not dropped below 0.015. Is that a bottom?

It looks like one; certainly, $7 looks like one. But when it comes down to it: if you put your money down, you've either got to have faith that ETH is a HODL or else you've gotta use a stop-loss.

johhnyUA

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Crypto for the Crypto Throne!

Quote from: Fademigo on April 28, 2016, 03:09:07 PM

The Ethereum price is quite volatile. It dropped quite a lot. But it has not dropped below 0.015. Is that a bottom?

I cant to know for sure, but i think that is the bottom. If the Ethereum price will drop lower, it`ll drop to 0.00 at once.

Fademigo

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The Ethereum price is quite volatile. It dropped quite a lot. But it has not dropped below 0.015. Is that a bottom?

sanadas

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Quote from: Sitkack on April 25, 2016, 03:11:24 AM

Quote from: Nxtblg on April 24, 2016, 04:48:44 PM

Quote from: thejaytiesto on April 24, 2016, 01:34:30 PM

ETH is always a good coin to have on your portfolio, in fact one of the few altcoins that I would hold longer than a couple of weeks. The question now is if ETH has a place to survive once Rootstock and the rest of the cool stuff that Bitcoin will deliver soon kicks in. I mean, who is going to use ETH when you can use your BTC to do what ETH does?

Lots of folks who read about it in the mainstream financial press, perhaps? There's a reason why the new buzzword is "blockchain" instead of "Bitcoin".

Financial companies want to use block chain to reduce their cost and make more profit. But they will have to use bitcoin eventually.

That is right. They need a common currency to do the transactions. These will be only the bitcoin. They cannot agree on anything else.

Sitkack

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Quote from: Nxtblg on April 24, 2016, 04:48:44 PM

Quote from: thejaytiesto on April 24, 2016, 01:34:30 PM

ETH is always a good coin to have on your portfolio, in fact one of the few altcoins that I would hold longer than a couple of weeks. The question now is if ETH has a place to survive once Rootstock and the rest of the cool stuff that Bitcoin will deliver soon kicks in. I mean, who is going to use ETH when you can use your BTC to do what ETH does?

Lots of folks who read about it in the mainstream financial press, perhaps? There's a reason why the new buzzword is "blockchain" instead of "Bitcoin".

Financial companies want to use block chain to reduce their cost and make more profit. But they will have to use bitcoin eventually.

Topic: Ethereum: Good alt or stay away? - page 149. (Read 80201 times)