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Topic: The real death of Bitcoin... (Read 3373 times)

legendary
Activity: 1092
Merit: 1001
February 25, 2016, 09:53:21 PM
#67
...

Here's a nice, more realistic one, includes BTC and USD:
[chart]
Your chart is misleading, probably is because of Kraken technical problems.

First off my chart is directly from Poloniex, the largest and most reputable exchange for trading ETH.
Kraken's technical problems are unrelated to my chart data.

Second, your chart which uses USD doesn't exist since there are no large ETH/USD markets other than Kraken.
Which is an exchange you yourself point out as having data problems, but seems to be what your chart is based upon.

I'll repeat myself. There was a dump and everyone who was trading then, clearly saw that.
They all have short positions set, ready for the next dump, which should happen as soon as
the ETH bot is done sucking in more noobs.

Beware and sell your ETH now.
sr. member
Activity: 427
Merit: 250
February 25, 2016, 09:10:47 PM
#66
Here is a nice image that shows the "non-existent dump" on the 25th of February.
You are using the USD markets, which are total crap. Majority of ETH is bought and sold through BTC.



Get ready for more dumps.  Wink
The ETH Devs gotta pay their bills, so they are going to need more BTC soon.


Here's a nice, more realistic one, includes BTC and USD:



Your chart is misleading, probably is because of Kraken technical problems.
legendary
Activity: 1414
Merit: 1000
February 25, 2016, 09:03:43 PM
#65
Ethereum same fucking game as all the other shitcoin pump/dumps. The price goes to shit for juuuust long enough for most holders to give up and sell, then the price gets pumped by the big holder(s) looking for idiots to buy into for fear of missing out. Same fucking thing different name, Ethereum is worthless code like all the rest.
legendary
Activity: 1092
Merit: 1001
February 25, 2016, 08:48:35 PM
#64
Hey, just an update here.
On the 23 of February I said ETH would dump either the 25th or 26th (see above).
ETH users should check the charts today. No surprise there.
If you didn't see this coming, you haven't traded alts long enough.

See you all in the troll boxes.

Didn't happen. Current price as of this moment is $ 6.09. Earlier today it was being traded for ~ $ 5.70 but still this is better than yesterday when it started the day trading at $ 5.60. So, your prediction is wrong.


Here is a nice image that shows the "non-existent dump" on the 25th of February.
You are using the USD markets, which are total crap. Majority of ETH is bought and sold through BTC.



Get ready for more dumps.  Wink
The ETH Devs gotta pay their bills, so they are going to need more BTC soon.
sr. member
Activity: 427
Merit: 250
February 25, 2016, 07:36:02 PM
#63
...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Hey, just an update here.
On the 23 of February I said ETH would dump either the 25th or 26th (see above).
ETH users should check the charts today. No surprise there.
If you didn't see this coming, you haven't traded alts long enough.

See you all in the troll boxes.

Didn't happen. Current price as of this moment is $ 6.09. Earlier today it was being traded for ~ $ 5.70 but still this is better than yesterday when it started the day trading at $ 5.60. So, your prediction is wrong.

member
Activity: 67
Merit: 10
February 25, 2016, 07:16:38 PM
#62
Ethereum is all about hype just like Doge, it will never ever replace bitcoin.
hero member
Activity: 998
Merit: 504
February 25, 2016, 12:17:16 PM
#61
Ethereum can never replace bitcoins and still many don't even know about it as they read about bitcoins. The price is uncomparable. With the blocksize issue, it won't mean bitcoins are dying but I agree that transactions may get delayed
which is the case now.
sr. member
Activity: 308
Merit: 250
February 25, 2016, 12:08:32 PM
#60
From time to time we have good organized ico's and they are always something sensational.
 This will be forgotten few months ahead..I dont know why are you people so naive?
legendary
Activity: 1092
Merit: 1001
February 25, 2016, 11:50:29 AM
#59
...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Hey, just an update here.
On the 23 of February I said ETH would dump either the 25th or 26th (see above).
ETH users should check the charts today. No surprise there.
If you didn't see this coming, you haven't traded alts long enough.

See you all in the troll boxes.
sr. member
Activity: 350
Merit: 250
February 25, 2016, 10:44:31 AM
#58
BTC have thousands of daily users worldwide, so you can imagine how many years need any of altcoins to reach that level.  Wink

It takes bitcoin 7 years to reach market cap of $7 billion. It took less than 7 months for the Ethereum to reach $0.5 billion.
Yes this is only possible because Bitcoin already set a path for many alts to come.
There is nothing magical here just hype and many of you will get burned.

There won't be an altcoin reaching the level of bitcoin any time soon.
Ethereum reached 0.5 billion but I doubt it can get bigger than bitcoin.
sr. member
Activity: 476
Merit: 250
February 25, 2016, 10:24:12 AM
#57
BTC have thousands of daily users worldwide, so you can imagine how many years need any of altcoins to reach that level.  Wink

It takes bitcoin 7 years to reach market cap of $7 billion. It took less than 7 months for the Ethereum to reach $0.5 billion.
Yes this is only possible because Bitcoin already set a path for many alts to come.
There is nothing magical here just hype and many of you will get burned.
sr. member
Activity: 672
Merit: 250
February 25, 2016, 09:13:23 AM
#56
BTC have thousands of daily users worldwide, so you can imagine how many years need any of altcoins to reach that level.  Wink

It takes bitcoin 7 years to reach market cap of $7 billion. It took less than 7 months for the Ethereum to reach $0.5 billion.
sr. member
Activity: 308
Merit: 250
February 24, 2016, 04:13:40 PM
#55
No gold is good LT investment, without doubt.

Bitcoin is decentralized digital currency.

You can call it investment, new gold what're you want, but it's here and will stay for a long time.
This is not case for about 90% of all alts. Especially ico where investors want to exit at some point.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 24, 2016, 02:23:08 PM
#54

The basic difference is that  Ethereum is controlled by companies, a few people who will have control over it.. while Bitcoins is totally different. there is no authority to control bitcoins

Bitcoin development is controlled by the Blockstream company. 3 Core developers are employed by BS.

By this logic put your money into gold.
legendary
Activity: 2380
Merit: 1026
February 24, 2016, 01:49:07 PM
#53
Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.
Finish him!


This is all i need to decide where to invest
Now ask yourself, will you invest in ETH again? And what was that about BITCOIN DEAD? WHAT?

bitcoin can be used on the ETH platform i believe or maybe i'm wrong?
If that is the case, why do we need Ethereum coin? We just need any other coin? Is there a catch here?
Why didn't you invested in platform that using Bitcoin, why did you invented wheel again?
If something works don't change it.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 24, 2016, 12:50:07 PM
#52
The basic difference is that  Ethereum is controlled by companies, a few people who will have control over it.. while Bitcoins is totally different. there is no authority to control bitcoins

Thats complete bullshit. Ethereum is controlled by miner consensus and open source development exactly the same control mechanism as bitcoin.
hero member
Activity: 658
Merit: 500
February 24, 2016, 11:33:09 AM
#51
BTC have thousands of daily users worldwide, so you can imagine how many years need any of altcoins to reach that level.  Wink
sr. member
Activity: 882
Merit: 251
February 24, 2016, 11:12:11 AM
#50
4) Bitcoin and Ethereum are not comparable.

Sure they are. From the user's point of view, you have coins in your program which you send to someone else. And that's completely the same no matter what lies under.

it depend what you're comparing, the two coins are comparable yes, but the platform and bitcoin not so much, bitcoin can be used on the ETH platform i believe or maybe i'm wrong?

If that is the case, why do we need Ethereum coin? We just need any other coin? Is there a catch here?

we dont need eth, its just yet another over complicated almost centralised pos Smiley
full member
Activity: 154
Merit: 100
February 24, 2016, 11:00:13 AM
#49
4) Bitcoin and Ethereum are not comparable.

Sure they are. From the user's point of view, you have coins in your program which you send to someone else. And that's completely the same no matter what lies under.

it depend what you're comparing, the two coins are comparable yes, but the platform and bitcoin not so much, bitcoin can be used on the ETH platform i believe or maybe i'm wrong?

If that is the case, why do we need Ethereum coin? We just need any other coin? Is there a catch here?

The basic difference is that  Ethereum is controlled by companies, a few people who will have control over it.. while Bitcoins is totally different. there is no authority to control bitcoins
jr. member
Activity: 63
Merit: 1
February 24, 2016, 08:11:55 AM
#48
4) Bitcoin and Ethereum are not comparable.

Sure they are. From the user's point of view, you have coins in your program which you send to someone else. And that's completely the same no matter what lies under.

it depend what you're comparing, the two coins are comparable yes, but the platform and bitcoin not so much, bitcoin can be used on the ETH platform i believe or maybe i'm wrong?

If that is the case, why do we need Ethereum coin? We just need any other coin? Is there a catch here?
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