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Topic: Is Ethereum a bubble? - page 36. (Read 27491 times)

sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 13, 2017, 06:00:21 AM
It's a phony man made bubble. Almost ZERO fiat flows into ETH, instead just BTC whales working TWO exchanges. Expect major price correction this year. Speculative opinion is 400% loss.

I thought many big companies are using the ETH smart contracts.
full member
Activity: 140
Merit: 101
June 05, 2017, 01:39:33 PM
It's a phony man made bubble. Almost ZERO fiat flows into ETH, instead just BTC whales working TWO exchanges. Expect major price correction this year. Speculative opinion is 400% loss.
sr. member
Activity: 924
Merit: 260
June 02, 2017, 02:43:38 PM
not selling for 3 years at least. 25% of world population will be using blockchain enabled tech in 2025

I shall keep most of my coins for the long term.

Since prices went up quite high from the original price and you can consider booking some profit,

It just on your speculation and it seems the market being random.


you may get a chance to buy at a lower price later on.
That's exactly true, But still need more consideration. Because the down trend is unpredictable right now.
I mean it may go lower than before(bottom price).

Because since last couple of days prices are correcting and I believe it may go down some more.
It depends on the further development and the next update to give an effect to the next trend.


In the longer term it may go even higher price but it is always good to book some profits now and then in investments.
Trading is not about long-term, I mean short-mid term.
Ethereum is currently over price and for now is not advisable to buy if you are a short term buyer. Ethereum was actually bubble last week to early this week and now, it can't remain up it will fell any moment from now to a correlation angle before the next pump.
hero member
Activity: 616
Merit: 500
June 02, 2017, 02:25:12 PM
Too bad I missed this train, maybe I buy when there's been long enough bear market but it's very risky right now
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
June 02, 2017, 01:25:20 PM
ETH is a  big bubble in the market
I had sell all my ETH, I earn some money and I don't lose it in the market


I did the same when the ETH was just $5. The price is $200 now.
member
Activity: 98
Merit: 10
May 22, 2017, 03:02:32 AM
ETH is a  big bubble in the market
I had sell all my ETH, I earn some money and I don't lose it in the market
sr. member
Activity: 840
Merit: 252
May 22, 2017, 02:09:25 AM
Why doesn't anyone talk about the fact that there is still no limit for the supply? This is one of the reasons that lead me to not invest, in addition to scaling issues, of course.

As long as the coin supply inflation is less than the rate of economic growth, it is fine.

It seems people do not care about the high inflation now.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 09, 2017, 02:28:45 AM
Why doesn't anyone talk about the fact that there is still no limit for the supply? This is one of the reasons that lead me to not invest, in addition to scaling issues, of course.

As long as the coin supply inflation is less than the rate of economic growth, it is fine.

The planned inflation will be very low in the future.
member
Activity: 102
Merit: 100
April 19, 2017, 09:30:05 AM
Why doesn't anyone talk about the fact that there is still no limit for the supply? This is one of the reasons that lead me to not invest, in addition to scaling issues, of course.

As long as the coin supply inflation is less than the rate of economic growth, it is fine.
newbie
Activity: 39
Merit: 0
April 17, 2017, 10:13:06 PM
Why doesn't anyone talk about the fact that there is still no limit for the supply? This is one of the reasons that lead me to not invest, in addition to scaling issues, of course.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
April 14, 2017, 07:37:23 PM
Does it mean the ETH is very popular?

I would say so. It would have to be pretty popular for it to obtain this high of a market cap and volume. And rightfully so, IMO, because it does have a lot of potential. It is kind of speculative right now, and we will need to see if all or some of these projects that are building on Eth actually come to fruition. I still expect a correction in the market in the near term.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 14, 2017, 01:08:10 PM
Judging by this metric, I would say so.  Shocked Shocked

Block reward inflation in the top 5 PoW cryptocurrencies:

1. Bitcoin = $2,038,522 USD per day
2. Ethereum = $61,039,787 USD per day
3. Ripple = not PoW
4. Litecoin = $173,088 USD per day
5. Dash = $133,472.88 USD per day

Surely the miners will eventually start dumping, then the whales will panic and join them.
You think 61 million dollars worth PER DAY, is just miners? I don’t think so, if you look at poloinex for example that ETH has one of the highest volumes every single day. Which means traders love it and people love to trade their coins back and forth on btc-eth parameters.

I don’t think it is a bubble, I believe it is a valid altcoin, not gonna be 1 million per coin type of crazy things like people expect Bitcoin to be but definetly has an upside in the long term.

No. 61 million USD a day is just the inflation that is currently being created by mining. Surely not all of this is being dumped everyday, as surely there are some believers and holders, but I would imagine a large percentage of it is indeed being dumped. Most miners generally dump whatever they are mining for Bitcoin, or whatever other alt they are interested in. Eventually, this inflation will catch up to the value and the price will drop back to reasonable levels. The market is showing signs of a correction already.

I believe it is a valid alt coin too, and a promising project, but I like to be realistic. It is overvalued for what it provides at the moment. There are not really any useful and working smart contracts at the moment. Maybe one day the current valuation will be appropriate, but now is not that time.

Does it mean the ETH is very popular?
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
April 08, 2017, 01:47:31 PM
Judging by this metric, I would say so.  Shocked Shocked

Block reward inflation in the top 5 PoW cryptocurrencies:

1. Bitcoin = $2,038,522 USD per day
2. Ethereum = $61,039,787 USD per day
3. Ripple = not PoW
4. Litecoin = $173,088 USD per day
5. Dash = $133,472.88 USD per day

Surely the miners will eventually start dumping, then the whales will panic and join them.
You think 61 million dollars worth PER DAY, is just miners? I don’t think so, if you look at poloinex for example that ETH has one of the highest volumes every single day. Which means traders love it and people love to trade their coins back and forth on btc-eth parameters.

I don’t think it is a bubble, I believe it is a valid altcoin, not gonna be 1 million per coin type of crazy things like people expect Bitcoin to be but definetly has an upside in the long term.

No. 61 million USD a day is just the inflation that is currently being created by mining. Surely not all of this is being dumped everyday, as surely there are some believers and holders, but I would imagine a large percentage of it is indeed being dumped. Most miners generally dump whatever they are mining for Bitcoin, or whatever other alt they are interested in. Eventually, this inflation will catch up to the value and the price will drop back to reasonable levels. The market is showing signs of a correction already.

I believe it is a valid alt coin too, and a promising project, but I like to be realistic. It is overvalued for what it provides at the moment. There are not really any useful and working smart contracts at the moment. Maybe one day the current valuation will be appropriate, but now is not that time.
full member
Activity: 238
Merit: 250
April 08, 2017, 12:55:25 PM
Is it true that so far there is no limit to the number of coins that will exist? Where is the logic in this parameter?
If that is the case, inflation would drive the price down in the long run. To resolve something like that, a hard fork would be needed.
legendary
Activity: 1512
Merit: 1041
April 07, 2017, 12:08:30 PM
Judging by this metric, I would say so.  Shocked Shocked

Block reward inflation in the top 5 PoW cryptocurrencies:

1. Bitcoin = $2,038,522 USD per day
2. Ethereum = $61,039,787 USD per day
3. Ripple = not PoW
4. Litecoin = $173,088 USD per day
5. Dash = $133,472.88 USD per day

Surely the miners will eventually start dumping, then the whales will panic and join them.
You think 61 million dollars worth PER DAY, is just miners? I don’t think so, if you look at poloinex for example that ETH has one of the highest volumes every single day. Which means traders love it and people love to trade their coins back and forth on btc-eth parameters.

I don’t think it is a bubble, I believe it is a valid altcoin, not gonna be 1 million per coin type of crazy things like people expect Bitcoin to be but definetly has an upside in the long term.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
April 07, 2017, 12:12:13 AM
Judging by this metric, I would say so.  Shocked Shocked

Block reward inflation in the top 5 PoW cryptocurrencies:

1. Bitcoin = $2,038,522 USD per day
2. Ethereum = $61,039,787 USD per day
3. Ripple = not PoW
4. Litecoin = $173,088 USD per day
5. Dash = $133,472.88 USD per day

Surely the miners will eventually start dumping, then the whales will panic and join them.
legendary
Activity: 1428
Merit: 1000
April 06, 2017, 12:00:33 AM
not selling for 3 years at least. 25% of world population will be using blockchain enabled tech in 2025

I shall keep most of my coins for the long term.

Since prices went up quite high from the original price and you can consider booking some profit, and you may get a chance to buy at a lower price later on. Because since last couple of days prices are correcting and I believe it may go down some more. In the longer term it may go even higher price but it is always good to book some profits now and then in investments.

It is quite difficult to predict the short term price performance. I sold some when the price was $20, thinking it could go lower and buy back.

That is a correct way of trading. We should fix some target profit range for all our investments. Once we reach that level should book some profit and wait for again entry level otherwise we may just watch prices moving up and down and can't make a good profit from these movements.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 05, 2017, 12:41:15 PM
ETH has some strong supporters and much things in development ("appwise"). That's why I don't think that it's a bubble. I own some coins and intend to hold them at least to next year. I know that keeps me from to gain some trading them, but I don't have the time, luck or knowledge to do it anyway. I believe that the future will have enough room for more than one crypto and I bet that ETH will be one of them.

As long as there are more users and developments, it is not a bubble.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
April 05, 2017, 12:09:10 PM
not selling for 3 years at least. 25% of world population will be using blockchain enabled tech in 2025

I shall keep most of my coins for the long term.

Since prices went up quite high from the original price and you can consider booking some profit,

It just on your speculation and it seems the market being random.


you may get a chance to buy at a lower price later on.
That's exactly true, But still need more consideration. Because the down trend is unpredictable right now.
I mean it may go lower than before(bottom price).

Because since last couple of days prices are correcting and I believe it may go down some more.
It depends on the further development and the next update to give an effect to the next trend.


In the longer term it may go even higher price but it is always good to book some profits now and then in investments.
Trading is not about long-term, I mean short-mid term.
member
Activity: 70
Merit: 10
https://boscoin.io
April 05, 2017, 12:04:38 PM
ETH has some strong supporters and much things in development ("appwise"). That's why I don't think that it's a bubble. I own some coins and intend to hold them at least to next year. I know that keeps me from to gain some trading them, but I don't have the time, luck or knowledge to do it anyway. I believe that the future will have enough room for more than one crypto and I bet that ETH will be one of them.
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