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Topic: FYI, ETH just broke 1 Billion dollar cap (Read 1514 times)

newbie
Activity: 47
Merit: 0
March 26, 2016, 09:32:40 AM
#25
The fact that they are still creating fud and employing bots, its one factor to see its not still working. ETH will stay indeed but not going to replace btc.
Microsoft is losing the operating system battle, losing the tablet battle and now they are getting into losing a coin battle. everything they're into just goes to a mess.



Microsoft's tablet is quite popular. I am thinking of buying one.
legendary
Activity: 2492
Merit: 1018
The fact that they are still creating fud and employing bots, its one factor to see its not still working. ETH will stay indeed but not going to replace btc.
Microsoft is losing the operating system battle, losing the tablet battle and now they are getting into losing a coin battle. everything they're into just goes to a mess.

legendary
Activity: 924
Merit: 1000
I suspect ether devs are pumping their own coin, the constant pumps just dont feel natural.

We're early in a new altcoin bull market. I saw that when the usual pumps started lasting a lot longer than the "Chinese pumps" of legend.

If it's of any help, market lore says there are three stages to the "classic" bull market:

  • Stage 1: Recovery from the bear-market lows. Begins with gloom, cynicism and apathy. Proceeds in the face of widespread skepticism and skittishness. Results in the assets being snapped out of gloom-ridden undervaluation and back to reasonably optimistic valuations. Tops out when the apathy/gloom/skepticism turns into new hope. The peak looks like a bubble, which in retrospect is a "false bubble."
  • Stage 2: Rises with better fundamentals or outlook. Begins with hesitation, skepticism and worry that the false bubble was a real bubble. Proceeds with better and better news. Results in the assets being pushed from reasonably optimistic valuations to unambiguously optimistic valuations as revised by the good-news flow. Tops out when the optimism seems overdone and worries about overvaluation kick in. The peak looks like a needed corrective to the optimism.
  • Stage 2: Rises as a result of the asset being seen as a "sure thing": the Minsky effect. Begins with reasonable confidence. Proceeds with more and more speculative excitement. Results in the assets being pushed from  optimistic valuations to pie-in-the-sky valuations. This stage is noteworthy for spawning stories about punters who've gotten rich quickly. Tops out when FOMO enters the picture, which sets up a bubble when the fear of missing out turns into plain fear. The peak, in long retrospect, looks like a classic bubble.

It's my opinion - take it as you will - that the current bull market is still in Stage 1. To be honest, I'm skittish myself! Only half a week ago, I would have sworn that we were at the end of Stage 1 and about to get knocked down to pre-stage-2.
hero member
Activity: 1568
Merit: 507
I suspect ether devs are pumping their own coin, the constant pumps just dont feel natural.
legendary
Activity: 1764
Merit: 1000
https://i.imgur.com/obKTFuL.png

For how long it will be like this. No one knows, but its still big achievement imo.

etheoreum is just a useless scam crap someone with deep pocket pumping it, think about it, for around 15k of btc it could go to $0. i personally think eth is control and own by a few whales which they don't want to sell their large chunk instead manipulating for higher price. i wouldn't touch it and it's un-adoptable useless crap.
full member
Activity: 170
Merit: 100
I said just a week ago it would breach the 1 billion cap and I was laughed at. Obviously im just a newbie, what the hell would I know. ETH will breach $50 by mid April.  The Patton is never wrong about an asset. Its not a coin its an asset.
sr. member
Activity: 392
Merit: 250
Looks that headers be occupied by for a while with ETH.

Yes. Its rather big news. I think litecoin was at one point over $1B also. So ETH would be second. Wonder how long it will stay there, and if it goes even more. ETH still seating, as of writing this, at > 1 billion dollar market cap.

http://coinmarketcap.com/
legendary
Activity: 938
Merit: 1000
Looks that headers be occupied by for a while with ETH.
newbie
Activity: 23
Merit: 0
Last week or so alone it jumped more then 300m to 1B+
sr. member
Activity: 616
Merit: 300
Polo was hacked last year, but Polo regained its rep by refunding all the stolen bitcoins out of their own pockets.



Eth over 1 billion??   i though it haves very slow transactions  Huh  or maybe it just me ..  Cryptsy folded over due to poor alt coin market after it lost btc due to a hacker??  what makes Poloniex any different .. ??
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
Just saw it - wow!

Bitcoin now has a new silver to its gold...a shame for Litecoin.

Will this put a nail in LTC's coffin?  With ETH going over 1 billion this is a great day for all alt's.  No need for people to argue about ETH's "value" just the fact that it accomplished this feat is great.

ETH and Litecoin literally have nothing to do with one another.

I'm more concerned about DASH valuation, than ETH, with respect LTC. I hope some of the forthcoming features put it back on the same playing field. I'm even more concerned that it's taking me a bit to get over not listening to myself 6 Months ago and take my sizable ETH stash out of the exchange and sit on it. No butthurt here, I have been following ETH from its inception and thought it was an extremely interesting project. Just frustrated at myself for not saying to myself "um you've been following this shit for years, maybe this time you're actually right."

In closing, the only real winner here is my nephew. How does a 2 year old make $5000 in two months? Uncle Natty hits him up with some birthday ETH!
newbie
Activity: 47
Merit: 0
Today is very significant in the history of Ethereum. Now the price is so high, it needs some correction before the next leg up.
legendary
Activity: 2044
Merit: 1008
What am i supposed to be impressed about ?

It's not a currency..

It is also obvious the only thing you all care about is profit.. period .

It could be anything or called anything or have any icon or any gimmick and it would all be the same.

If anything this just reinforces how pathetic the whole entire Altcoin scene is.

I know what happened too..
You all seen the scene dying for a couple years straight.. you all got tired of trying to deny it
when i brought it up almost always by myself.
You were all disillusioned and knew things were sinking hard.
So what do we see ?
A leader !
Who got his IPO coins in 2014 and pumps them hard in 2016
and NOW you all got your moment.. to profit !

The more people jump on the band wagon of ..the bigger the Cap gets.
Your all loving it because you think the number posted at Poloniex or CoinmarketCap is important.
..for your profits.

It's all clear & predictable and obvious.
You guys were desperate.. for a crowd to latch onto.
It's more luck than anything really.. all the other dev's know it could have been there coin too.
It's like watching a bunch of stupid animals like a herd of cattle grouping up together.
Or like Lemmings off a cliff  Cheesy

I bet this guy wishes he had some ether while typing this bs.
full member
Activity: 150
Merit: 102
Overpriced based on hype of Bitfinex/Homestead IMHO

I don't think this valuation can last long but I have been proven wrong before.
legendary
Activity: 2142
Merit: 1009
Newbie
What am i supposed to be impressed about ?

It's not a currency..

It is also obvious the only thing you all care about is profit.. period .

It could be anything or called anything or have any icon or any gimmick and it would all be the same.

If anything this just reinforces how pathetic the whole entire Altcoin scene is.


I know what happened too..
You all seen the scene dying for a couple years straight.. you all got tired of trying to deny it
when i brought it up almost always by myself.
You were all disillusioned and knew things were sinking hard.
So what do we see ?
A leader !
Who got his IPO coins in 2014 and pumps them hard in 2016
and NOW you all got your moment.. to profit !


The more people jump on the band wagon of ..the bigger the Cap gets.
Your all loving it because you think the number posted at Poloniex or CoinmarketCap is important.
..for your profits.

It's all clear & predictable and obvious.
You guys were desperate.. for a crowd to latch onto.
It's more luck than anything really.. all the other dev's know it could have been there coin too.
It's like watching a bunch of stupid animals like a herd of cattle grouping up together.
Or like Lemmings off a cliff  Cheesy


Few couplets

Refrain

Other couplets

This is how most of your posts look. Do you do it specially? (Looks like metal ballad lyrics)
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
What am i supposed to be impressed about ?

It's not a currency..

It is also obvious the only thing you all care about is profit.. period .

It could be anything or called anything or have any icon or any gimmick and it would all be the same.

If anything this just reinforces how pathetic the whole entire Altcoin scene is.

I know what happened too..
You all seen the scene dying for a couple years straight.. you all got tired of trying to deny it
when i brought it up almost always by myself.
You were all disillusioned and knew things were sinking hard.
So what do we see ?
A leader !
Who got his IPO coins in 2014 and pumps them hard in 2016
and NOW you all got your moment.. to profit !

The more people jump on the band wagon of ..the bigger the Cap gets.
Your all loving it because you think the number posted at Poloniex or CoinmarketCap is important.
..for your profits.

It's all clear & predictable and obvious.
You guys were desperate.. for a crowd to latch onto.
It's more luck than anything really.. all the other dev's know it could have been there coin too.
It's like watching a bunch of stupid animals like a herd of cattle grouping up together.
Or like Lemmings off a cliff  Cheesy
hero member
Activity: 540
Merit: 501
chickens and cryptos
March 12, 2016, 04:24:23 AM
#9
Eth over 1 billion??   i though it haves very slow transactions  Huh  or maybe it just me ..  Cryptsy folded over due to poor alt coin market after it lost btc due to a hacker??  what makes Poloniex any different .. ??
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 12, 2016, 03:57:22 AM
#8
remember that litecoin was priced up to 0.05, so until then ethereum is stillf ar away to be the second best of all time
but the 1B marketcap is impressive, i don't remember litecoin reaching that amount ever, it has to do with the money circulation
hero member
Activity: 547
Merit: 502
March 12, 2016, 03:51:15 AM
#7
I hate to ask this but with poloniex having most of the volume, can we be certain no such "Willy" bot is playing out similar to Gox?  I'm not knocking ETH, just makes one wonder about third party exchanges and exactly what the BitShares project is trying to fix.  Do not turn my question into a ETH or BTS subject, simply asking about a third party exchange and the potential for another "willy" bot.

https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/
legendary
Activity: 1078
Merit: 1011
March 12, 2016, 12:37:45 AM
#6
Bitfinex is adding Ethereum on Monday. https://www.bitfinex.com/pages/announcements

This announcement probably has a little to do with the recent price spike.

Who wouldn't want 40% of btc's trading volume.  Poloniex has to be making a killing recently.

No doubt. This should also dampen some of the Fudsters who are always on about Eth only trading on scam exchanges, not that Polo or Kraken are scam exchanges, but this news is still a big credibility boost for Ethereum.
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