The news that 1.2 million coins had been trasferred to poloniex had very little effect on the price. This shows the confidence of the market. If satoshis BTC were to start moving bitcoiners would shit the bed.
It just shows how much confidence there is in ETH. And there should be, it's the best thing to come out of crypto.
Topic: Ethereum pump and dump? - page 15. (Read 22313 times)
As an Ethereum stake holder this proceeding is very scary. Is there another possibility why someone is transferring so many coins to an exchange except to sell all these coins? 
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon 
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
If the 1.2 million of coins are cleared without suppressing the price too much, it will give us confidence.
As an Ethereum stake holder this proceeding is very scary. Is there another possibility why someone is transferring so many coins to an exchange except to sell all these coins?
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
That moment when you bought ETH at $0.5 and now its $6.5
Stay mad haters
Stay mad haters
Now its a different thing if anybody buy at 6.5 may lose up to 0.5 so those who got lot of money keep buying if you wish to lose .
If the Ethereum has active development and keep on releasing good software, the price will rise in the future.
That moment when you bought ETH at $0.5 and now its $6.5
Stay mad haters
Stay mad haters
Now its a different thing if anybody buy at 6.5 may lose up to 0.5 so those who got lot of money keep buying if you wish to lose .
That moment when you bought ETH at $0.5 and now its $6.5
Stay mad haters
Stay mad haters
He must have some insider knowledge, a good reason. Such an action is not unplanned.
He could do many things from hard dump to smart order routing / ice bergs or just simple market making to reduce volatility and spreads....
Or it could just be Poloniex rearranging their own wallets.
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's worth of ETH trading.
Besides, how can we know this is not just Poloniex themselves moving around their reserves?
The owner of the 1.2M ETH is not that stupid enough to dump everything in one shot and destroy the market. All he have to do is to sell by batches and he can also manipulate the market to buy cheaper if he wants. The whale won't dump when Homestead is not released yet.
Ok but do you really think that dumping <1.5% of available supply can destroy the market? It's the same as saying that the Winklevoss twins can destroy bitcoin because they hold 1.x% of the available bitcoin.
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's wpporth of ETH trading.
Besides, how can we know this is not just Poloniex themselves moving around their reserves?
The owner of the 1.2M ETH is not that stupid enough to dump everything in one shot and destroy the market. All he have to do is to sell by batches and he can also manipulate the market to buy cheaper if he wants. The whale won't dump when Homestead is not released yet.
He must have some insider knowledge, a good reason. Such an action is not unplanned.
He could do many things from hard dump to smart order routing / ice bergs or just simple market making to reduce volatility and spreads....
Ethereum to day still increasing in yobit but its hard to decide if i will buy ethereum right now or not.
I will wait for the price dump that i can afford to buy..
I will wait for the price dump that i can afford to buy..
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's worth of ETH trading.
Besides, how can we know this is not just Poloniex themselves moving around their reserves?
The owner of the 1.2M ETH is not that stupid enough to dump everything in one shot and destroy the market. All he have to do is to sell by batches and he can also manipulate the market to buy cheaper if he wants. The whale won't dump when Homestead is not released yet.
Half a billion market cap. This coin isnt going to crash any time soon. One of the few coins that is worth an investment. I'm not buying in to the $40 per coin some have been schilling but I can see it easily reaching $15
If your a newbie and have half a bitcoin put it on this coin and leave it without staring at the exchange all day. Leave it for weeks then take a gander.
If your a newbie and have half a bitcoin put it on this coin and leave it without staring at the exchange all day. Leave it for weeks then take a gander.
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's worth of ETH trading.
Besides, how can we know this is not just Poloniex themselves moving around their reserves?
now price for one ethereum is 0.01511126 bitcoin 
,
check the latest price now, link is https://bittrex.com/Market/Index?MarketName=BTC-ETH
, check the latest price now, link is https://bittrex.com/Market/Index?MarketName=BTC-ETH
I already read a post addressing this topic yesterday. The only reason why they put so many coins onto Polo is that they want to sell them. But I am wondering what they are waiting for :/
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
wow that is a good catch, if it is going to a massive dump the ETH price is done
If the owner of the coins is at least half intelligent, he will be selling them slowly, rather then dumping everything in one go. Selling little buy little want affect the price in a one-big-dump style.
I already read a post addressing this topic yesterday. The only reason why they put so many coins onto Polo is that they want to sell them. But I am wondering what they are waiting for :/
1.2 Million ETH Genesis coins have moved to Poloniex...dump soon
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
wow that is a good catch, if it is going to a massive dump the ETH price is done
Agree! I am still holding my coins bought at $0.73 and $1.05. Sold half of them at around $5. Waiting to get fully out of it. It really smells like a big dump is ahead.
Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.
That is a good investment. If you hold your coins for longer, you have make a profit of $20 each ethereum coin.
Indicator
Bullish
Agree! I am still holding my coins bought at $0.73 and $1.05. Sold half of them at around $5. Waiting to get fully out of it. It really smells like a big dump is ahead.
Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.
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