Topic: Ethereum should I buy or wait? (Read 2935 times)

I will not follow the advice. It is better to wait until some time in September or later. We will know the situation then.

Nice suggestion but it in reality you would not do it either, turning off our computer is very bad since we can earn money by staying in crypto world, and theres no really bad effect of having money on it since we can actually do it on our spare time.

@OP you should decide for yourself and monitor for yourself you cannot get proper answer here since many people thinks ETH are almost failing for now but for me which is not.

Try to do it for yourself first, then I will follow your advice.

Ripple coin was never decentralized currency to begin with, they are not comparable

I really do not believe the hacker will ever dump and heres why

1. It attracts a ton of attention of the blockchain
2. it makes more financial sense to sell of slowly during highs and cash in as much as possible

therefor I conclude both coins will be around for a long time and one day we will reminisce and say "remember when we thought there would be a huge dump and wed all get screwed" 

What if it drops like Ripples? 

Don't want that to happen again 

Buy Both ETH and ETC, turn off your computer, hug your dog, Wait 9 months, come back, thank me for this post.

Now will be a good time to buy some ether for cold storage due to its low price. The price will rise higher in future because not even the hard fork could run it out of market.

im waiting for price to hit .018 to buy some more ether, any thoughts we gonna see again this price ??
but there is also they saying what goes up it comes down! -repeat-

I think you should buy a little, and then wait, if you think is growing, buy more, and then wait, until you get a profit, and then buy again. Basically, buy low, sell high

You guys really shouldn't be in a discussion about ETH investing without knowing the basic facts: https://medium.com/@avsa/the-truth-about-the-fork-fd040c7ca955#.46o4owx5w

That's a blog post from an Ethereum dev with links to fact check. Sure he could be lying, but it's up to you to decide where and how and with what evidence.

tl;dr some eth devs had money in the DAO but not anywhere near the amount people would like to think (e.g. millions in USD). Those devs have declared their stake publicly. The DAO was not poorly coded. The attack resulted from like two lines of code in the wrong order. Maybe they should have put some more safe guards in place, but I'm not sure we can call that a failure on the behalf of bad coding. Had the few lines of code been put in a different order, the attack would have been impossible. If you want a better explanation of why the code in the blog post is screwed up I can explain.

You should buy Ethereum Classic now as the price is going around almost all time lows. You can't löse from here if you wait patiently. When the projects move to ETHfork to ETHClassic we'll see great prices. When ETH = ETC in 0.01 BTC or something you'd make almost 4x if you buy from these prices. (This is not a professional investment advice)

I don't think it's the best moment, the price seems inflated.

That is good comment. I think it is better to watch the intention of the DAO hackers before entering the market.

ethereum is at a super risky stage right now, although this can mean two different things : huge profit or huge loss. so you have to decide yourself about what to do.
if you can find a good price to enter and reduce the risks then do it but otherwise this coin is super manipulated and you will lose money if go in without proper exit strategy.

For anyone thinking that "Ehereum is cheaper than bitcoin therefore in the future its price will be much higher, because it has room to grow and I will profit".
Seriously this is bullshit. Don't believe in scenario that ETH will grow in the similar manner bitcoin did, there is limit to Ethereum's marketing mambo jumbo.

With this recent development in the "Ethereum Showdown" it is best to avoid it for now. It is better to save all your bitcoins and wait for a better price. Everything is really crazy with all the drama.

There is good dramer of the Ethereum. There are two version of the Ethereum now. The ETH and the ETC.

It is interesting what is happening with the Eth, because despite it is well known that it is really a shitcoin, market is still speculating with it and only this illogical value falsely provided by pumpers is keeping its price high, but it would not be so difficult to see a sudden crash this same year.

My crystal ball sad me we need to put our buy order at 8 USD, so wait some more time you will have more coins in your bag.

You should have to wait a little more, the price of ethereum is decreasing with each passing day, so wait until it reach to the bottom price and whenever you notice that ethereum has got a strong support and is now increasing, then start buying at that time.

with the present status of Ethereum you should only sell whatever you have and get out before bigger losses and wait for a long time and not get in even if you see a rise because that can be a dead cat bounce back because of a temporary small pump and you can actually lose money.

Slow clap. This pretty much sums up the Eth issue in plain speech. I'm not even going to bring up the centralization issues those 'oracles' bring when they report binaries to the block chain. I did not even consider the whole project could just be a sidechain, that would have made this much easier lol.

The marketing on this thing is something other coins, including bitcoin, can learn from.

I just found this:

Ethereum is a running joke among Bitcoin experts. To the clearminded, it’s failure as an “investment” was always a foregone conclusion.

Here are some bullet points in no particular order:

A. Since transitioning from academic experiment to full-blown dishonest scam, Ethereum is laughed at at Bitcoin conferences.

B. For econo-math reasons, Ethereum is incapable of supporting “oracle contracts” (of which Augur is one). tl;dr How can “Rep” have a market cap, if the operations performed by the “Rep”-holders can be perfectly copied, for free? Therefore, market cap (and, crucially, the betting security margin) will be prohibitively low.

C. When Vitalik proposed Ethereum, the technical elite of Bitcoin were so impressed that 0% of them decided to endorse/join the project (compare this to hardware wallets, colored coins, stealth addresses, sidechains, elements project [confidential transactions, tree signatures, RCLTV], lightning network, and my own project).

D. The concept “don’t roll your own crypto” is very old, constantly-reproven, and universally endorsed. Crypto takes a very long time to get right; critical errors were regularly discovered in Bitcoin (which was actually a finished software product when it was published in Jan 2009) and continue to be discovered today. However, Bitcoin at least has consistent rules, and thanks to the Soft Fork the security can at least accumulate over time. With Ethereum, every contract changes the rules completely, and resets the potential chaos (For example, “Contract Z commits to ‘'’If contract X is created, auto-create the opposite of X and overfund it by Q.’’’ which disables contract X.” which leads to symmetry-gridlock).

E. Ethereum is out of money, the software will never reach a stable, usable state.

F. The Ethereum team endorses an even bigger running joke: proof of stake, which is also laughed at and compared to perpetual motion. There are reasons that Bitcoin embraced P2SH and LN, but rejected PoS, GHOST, etc.

G. Today, most people have still not heard of Bitcoin. Most that have, still don’t trust it. Quadruple that problem for Ethereum, as it has an even greater reliance on group(s) of people coordinating to switch to it.

H. Ethereum is strategically trapped: if they fail, the Ether will be worthless, and if they are successful, the project will be forked as a sidechain of Bitcoin (and the Ether will be worthless). They can only survive by maintaining “Goldilocks Success” and by generally being as vague as possible (which explains the overly-ambitious plans, countless buzzwords, endless promotional videos, etc).

Ethereum has only one use-case: quickly finding the most gullible “investors” people…those people who own Bitcoin but can’t think quickly enough to sort the signal from the noise.
http://bitcoinhivemind.com/blog/case-against-augur/


I am convinced, ETH is a marketing success and a total failure in the real world.

If you waited this long, you might as well keep waiting until after the fork. None of us know what's going to happen, but we all have an inkling that the price will be going down, at least short term. You could buy prematurely, but why take the risk?

It is difficult to say. I have not invested in DAO. But I still think getting back stolen money is good for the health of Etheruem.

At a market cap of almost $1 billion, Ethereum is priced for near-perfection in execution.

But it ain't executing perfectly AT ALL.

If the Ethereum devs aren't invested in DAO, if the Foundation isn't invested, you can bet your last BTC that these guys, as curators, convinced whales to invest.  Either way, it certainly appears as though VB is acting in his financial best interests to soft-fork, hard-fork, or do whatever he can do to protect his money or his whales' money.

It's truly disgusting.  

I think its better to wait more days because 10 days togo that block halving will be done in bitcoin.. so before you can start buy ethreum watch out for block halving.. if the price of ethereum is the same or it will reduce much more when the price of bitcoin is high..

Good luck with your trade.

LOL delusional.  To the OP... Do NOT listen to these trolls pushing a scam that is destined to die.  BTC and LTC are the only coins..

With the recent price decrease its a gud buy right now and I'm buying more.

To me, both sides of the trade are too risky. I wouldn't buy it - but I wouldn't short-sell it.

I'd wait with buying. This fork-dilemma looks like a real mess to me. The price is crazy high.

Sorry my mistake I was using filter😀

Which exchange does not allow you to sell Ethereum? I trade in Poloniex, I have not problem buying/selling.

the prices are going down since yesterday more than 8% and i'm glad too didn't buy or holding ETH even some people suggest me to try trade these coin but i don't dare to buy a lot and only small amount but i had just sell it immediately because if i hold it a little longer i guess it's too risky

Glad I did not buy more, can't even sell Eth right now in exchanges. Price difinately going to crash otherwise no reason for exchanges to stop trading

Show us your holdings or we fork! We pitch fork!

The Ethereum community!

And who will force them to do that?

This would be a big conflict of interest. These guys need to publicly discloses their holdings.

It's just conjecture, based on the fact that most of them were curators for theDAO. Something must have motivated many of them to put their rubber stamp of approval on theDAO and help them out. The simplest explanation is that they were financially motivated.

Does anyone know how much the ETH devs have invested in the DAO?

ETH is a joke. The devs were invested in the poorly coded DAO so they push for a do-over when it fails. They rush a soft fork that turns out to be poorly coded. Now they are going to rush a hard fork and hope the third time is a charm. Amazing they turn ETH into shit over a third party screw up. I am amazed it has not tanked much harder...

ETH has retraced 50% from its ATH.  I would wait till 80% retrace to buy.

Of course I did. It laid out an attack scenario in which the soft-fork validators got their computers tangled up in lengthy-to-process code that's designed to be rejected as invalid because a call to the Dark DAO is included therein. It makes the point that any such malicious contract will not spend any gas because of the way the soft-fork is designed. tl;dr: the anti-span protection that comes from being obliged to spend gas is disabled if a contract includes a call to the Dark DAO in its code.

Did you read it?

Erm no. Did you even bother to read the article? The worst case scenario in the eth blockchain processing transactions slower than normal with empty blocks until the code is patched. Definitely a gud time to buy while the price has dropped slightly over the usual scaremongering from the ETH haters.

I hope you waited. ETH's been slammed by a Hacking-Distributed analysis of how a DoS attack could derail the soft fork. Needless to say, The DAO tokens were hit worse.

If you go in right now, you're essentially betting on a successful hard fork to put all The DAO trouble behind.

If the risk is not too high for you and you support Etheruem then why not.

Ether seems like a pretty solid investment but so does BTC if all you're interested in doing is buying the coin and holding it

there is 80 millions ether and there will be way way way way way way more.  Now think when will be cheaper now or in 10 years time. 


Well if you will need it in few months is wise to buy it now most likely. well i did not checked where price went.

Personally, I buy up gradually Ethereum. It is difficult to predict the future situation, but I hope there will be a collapse.

I own a little ethereum already but wanted to buy a bit more, however people are saying if dao is refunded with ether it will cause ether price to collapse. is that a distinct possibility, will price collapse because of excess ether or has the priced already factored that in and might not take a further hit.

Your suggestions would be appreciated ?