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Topic: Ethereum KILLING BITCOIN! - page 7. (Read 10103 times)

hero member
Activity: 896
Merit: 500
August 15, 2014, 01:23:40 PM
#10
They dumped 1,150 bitcoins 5 days ago when the price was $590, 1,350 3 days ago when the price was $550, and now they have dumped 1,237 more TODAY when the price was $510, that`s why we went down 500usd and we are going to $450...

How do you know this? Is the address they're sent to a known address of a trading site?

They admit the needed of selling bitcoins till reach 3 millon USD. So there`s a lot of dumping incoming.
sr. member
Activity: 441
Merit: 250
August 15, 2014, 01:18:49 PM
#9
They dumped 1,150 bitcoins 5 days ago when the price was $590, 1,350 3 days ago when the price was $550, and now they have dumped 1,237 more TODAY when the price was $510, that`s why we went down 500usd and we are going to $450...

How do you know this? Is the address they're sent to a known address of a trading site?
full member
Activity: 208
Merit: 100
August 15, 2014, 01:17:01 PM
#8
Bitcoin isn't being killed, just because at the time we are seeing the chart, the price is going down doesn't mean much.
Look back at september 2013, the price was falling too, with a flash crash too, and look back at many days that everyone was saying that bitcoin was dying.

This is now, tomorrow will be a brighter day.
It's always darkest before the dawn.  Grin
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 15, 2014, 01:13:50 PM
#7
so the mini pump to 600+ was because the buyers who bought ethereum? if is this the case, then it will return to the value before that pump, nothing to worry about
legendary
Activity: 2114
Merit: 1015
August 15, 2014, 01:07:12 PM
#6
it's ok, altho i do agree their selling is hurting the price.

this is how coins get distributed.  the further the better.

unfortunately, i think Ethereum is a big failure.  even worse than an altcoin that would at least have it's protocol already coded and a clear decision made on mining.  lots of ppl are going to lose money on that one.

their biggest failure is Vitalik's lack of vision and failure to understand economic motives and reasoning.  all that naivete will be built into Ethereum's protocol as we see with their leanings toward scrypt mining.

for some reason I support your hostility towards ethereum. it seems like a couple of good programmers feel butthurt for not inventing bitcoin themselves and now they want to compensate by "making it right". this is a common pitfall of a typical programmer --- they get idealistic and want to make the ultimate platform for everything. while great in theory, in practice they soon discover that for some reason people don't give a fuck. People are happy with IPv4 and no one gives a shit that conceptually IPv6 is so much better.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
August 15, 2014, 01:03:16 PM
#5
Bitcoin price doesn't matter. Bitcoin protocol works regardless if price is one dollar or thousand.

bitcoin may be a honey badger, but most people aren't. price matters.
legendary
Activity: 1764
Merit: 1002
August 15, 2014, 01:00:59 PM
#4
it's ok, altho i do agree their selling is hurting the price.

this is how coins get distributed.  the further the better.

unfortunately, i think Ethereum is a big failure.  even worse than an altcoin that would at least have it's protocol already coded and a clear decision made on mining.  lots of ppl are going to lose money on that one.

their biggest failure is Vitalik's lack of vision and failure to understand economic motives and reasoning.  all that naivete will be built into Ethereum's protocol as we see with their leanings toward scrypt mining.
legendary
Activity: 1036
Merit: 1000
DARKNETMARKETS.COM
August 15, 2014, 12:17:57 PM
#3
Bitcoin price doesn't matter. Bitcoin protocol works regardless if price is one dollar or thousand.
hero member
Activity: 546
Merit: 501
August 15, 2014, 12:15:54 PM
#2
Selling is not the problem, problem is there is not enough buyers yet. But it will change. Don't worry Smiley
hero member
Activity: 896
Merit: 500
August 15, 2014, 12:09:52 PM
#1
The bitcoin it`s going down cause the Ethereum team it`s dumping all the BTC! They dumped 1,150 bitcoins 5 days ago when the price was $590, 1,350 3 days ago when the price was $550, and now they have dumped 1,237 more TODAY when the price was $510, that`s why we went down 500usd and we are going to $450... Fucking Ethereum, stop killing the bitcoin.

https://blockchain.info/es/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2?filter=1
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