From 160 to 80 million in 12 hours T_TYikes.
Really have to be a ninja to get those initial spikes.
From 160 to 80 million in 12 hours T_T
Really have to be a ninja to get those initial spikes.
I have to say though. The ETH stack actually delivers on the promise to create your own DACs. While BitShares has been mostly talk, Stan memes and what not.It seems i read a different blog post.
I love the ETH stack. It's not perfect and can be improved, there are scalability issues down the road, but reading the blog posts I have faith they are on the right track to solve all these issues.
Cheers!
I have to say though. The ETH stack actually delivers on the promise to create your own DACs. While BitShares has been mostly talk, Stan memes and what not.
I love the ETH stack. It's not perfect and can be improved, there are scalability issues down the road, but reading the blog posts I have faith they are on the right track to solve all these issues.
Cheers!
what was the IPO price?
I have to say though. The ETH stack actually delivers on the promise to create your own DACs. While BitShares has been mostly talk, Stan memes and what not.
I love the ETH stack. It's not perfect and can be improved, there are scalability issues down the road, but reading the blog posts I have faith they are on the right track to solve all these issues.
Cheers!
+5%
If they just adjust people's expectations about what kinds of dapps are sustainable in the long term (what the price per trx really is), they're golden.
Looking forward to seeing what happens as soon as people can get their ETH on exchanges and dump. Pricing it at 10x the IPO price in this era of depressed crypto prices is insanity.
I'll buy later if it falls below IPO and stabilizes.
glad that this is the one project I did not invest in.
Vitalik and the rest must be laughing all the way to the bank..
Vitalik and the rest must be laughing all the way to the bank..
Yeah.. I wonder who sold this time.. when so many others were being advised of a bug that would null their claim and transfer of ETH.
Also ciyam is available and being integrated into a Bitcoin based chain which will certainly eat away at their market cap.. If I do it right.. Perhaps bitshares can then integrate and we can then have cross chain transfers between btc based coins with a real tie in to the uia of those coins. Then ultimately if the model is solid maybe one day Bitcoin can endorse the use of turing complete scripts on their chain and we would leverage that.Looking forward to seeing what happens as soon as people can get their ETH on exchanges and dump. Pricing it at 10x the IPO price in this era of depressed crypto prices is insanity.
I'll buy later if it falls below IPO and stabilizes.
I haven't paid much attention and wasn't aware it was priced that off target.. not surprised.
Ethereum 24hr change down 70% atm http://coinmarketcap.com/currencies/ethereum/#markets and I wouldn't be surprised to see it fall a long way more, to below BitShares1.0 where it belongs.
There's no surprise seeing a dump at the open as that is normal, satisfying the substantial minority of speculators who become frustrated. Compounded with that what Ethereum is offering is underdeveloped, I'm not surprised that it's burning and glad that this is the one project I did not invest in.
Ethereum is ambitious to say the least and already there are alarming bugs that those claiming their ETH on Windohs could lose that into null addresses. I wonder then if there are others who are upgrading past that bug and getting out. There's a long way to go before I will buy in.. it's a fragile as Bitcoin in 2010 when I first saw that.. give Ethereum a year to bed down and prove itself.. and then I expect CounterParty will have made it available on BTC blockchain. Why Ethereum went the route of creating a new chain, I don't know.. it just added the wiff of altcoin.
Hopefully BitShares will take note and understand that smart investment follows real demonstrable utility.. BitShares2.0 will need to deliver more than hype and speculative opportunity.. and communicate that in an academic way, not just in marketing speak.
With this revenue i can fund my next 3 month working for BTS/CNX ... so IMO good deal :)BAM!!! Ether pays BTS designer .. nice headline :D
I just want to say ... i've investet 2 BTC --> 4000 ETH during the IPO sale last year!
And did sell them for approx. 19 BTC! So from the investment point of view ... ETH was a really good investment!
But i've also learned from BTS ... If i had sell my BTS last year when high .. it would be the same ...
With this revenue i can fund my next 3 month working for BTS/CNX ... so IMO good deal :)
Looking forward to seeing what happens as soon as people can get their ETH on exchanges and dump. Pricing it at 10x the IPO price in this era of depressed crypto prices is insanity.
I'll buy later if it falls below IPO and stabilizes.
I just want to say ... i've investet 2 BTC --> 4000 ETH during the IPO sale last year!
And did sell them for approx. 19 BTC! So from the investment point of view ... ETH was a really good investment!
But i've also learned from BTS ... If i had sell my BTS last year when high .. it would be the same ...
With this revenue i can fund my next 3 month working for BTS/CNX ... so IMO good deal :)
this is hilarious https://www.youtube.com/watch?v=IN-QpuXIJtM
the fact it took so much time and they told people their accounts could be compromised while at the same time only a few ones made huge profit doesn't look good at all, even if they didn't do it with malicious intent.
what i don't understand is, how could people value ether so high? isn't the supply huge? i don't know how many new coins will we have per year but wasn't it a percentage of the inital ICO?
this is hilarious https://www.youtube.com/watch?v=IN-QpuXIJtM
the fact it took so much time and they told people their accounts could be compromised while at the same time only a few ones made huge profit doesn't look good at all, even if they didn't do it with malicious intent.
what i don't understand is, how could people value ether so high? isn't the supply huge? i don't know how many new coins will we have per year but wasn't it a percentage of the inital ICO?
The reason it got valued so high was all the pumping from media outlets like coindesk and cointelegraph.
I remember reading one article that ethereum was the tesla of the crypto world. Take one look at teslas stock and you will see why it was pumped so much.
In summary 16% inflation.
Ethereum is giving a 10x return over a period that BTS/X had a 90% loss. Ether holders 100x better off currently over that period.
A $100 000 BTSX investment in August last year would be worth $10 000 today, while the same in Ether would be $220 000 at today's price. (0.69 per Ether) So you would have been 22x wealthier if you'd invested in Vitalik and friends.
Ethereum is giving a 10x return over a period that BTS/X had a 90% loss. Ether holders 100x better off currently over that period.A $100 000 BTSX investment in August last year would be worth $10 000 today, while the same in Ether would be $220 000 at today's price. (0.69 per Ether) So you would have been 22x wealthier if you'd invested in Vitalik and friends.
Your calculations are quite wrong or at least unfair.
BTS did suffer a 90% loss but that's only true if you bought at the very top of the 2014 hype.
ETH was without doubt a better investment than BTS but not by factor of 100 or 22. I'd say by factor of 4.
I just want to say ... i've investet 2 BTC --> 4000 ETH during the IPO sale last year!
And did sell them for approx. 19 BTC! So from the investment point of view ... ETH was a really good investment!
But i've also learned from BTS ... If i had sell my BTS last year when high .. it would be the same ...
With this revenue i can fund my next 3 month working for BTS/CNX ... so IMO good deal :)
may I ask you how you managed that?
How do you transferred so quick to the exchange, assuming kraken needed 6000 confirmations before trading was possible...
+ that the their developers made an alert (that sucks) that all accounts created before the last geth update (1.01) should be considered as potentially COMPROMISED !!!
PS 6000 confirmations is about 1.5 Days... and the prices you are mentioning was available only on 8 August (the half day and some hours from 7 August, totalling about one day)
(http://4.bp.blogspot.com/-SCGlBaJRpws/Vci6Jg-HyDI/AAAAAAAADdA/xJK-3HSrG30/s1600/Ethereum_first_days.png)
Ethereum is giving a 10x return over a period that BTS/X had a 90% loss. Ether holders 100x better off currently over that period.A $100 000 BTSX investment in August last year would be worth $10 000 today, while the same in Ether would be $220 000 at today's price. (0.69 per Ether) So you would have been 22x wealthier if you'd invested in Vitalik and friends.
Your calculations are quite wrong or at least unfair.
BTS did suffer a 90% loss but that's only true if you bought at the very top of the 2014 hype.
ETH was without doubt a better investment than BTS but not by factor of 100 or 22. I'd say by factor of 4.
I just want to say ... i've investet 2 BTC --> 4000 ETH during the IPO sale last year!
And did sell them for approx. 19 BTC! So from the investment point of view ... ETH was a really good investment!
Guys it wasn't a hype bubble. There was no panic buying. All that happened was for about a day only a small % of sellers could sell, just like how BTS lost 50%+ (30%? I forgot actually) in the first days after launch before rallying because sellers couldn't sell.
The "bubble" lasted exactly as long as the kraken deposit confirmation period for non-KYC'd customers.
but if i did sell my BTS directly on launch i'd have get same revenue with BTS ...
http://coinmarketcap.com/currencies/bitshares/#charts
at launch we had about 70 MIO $ marketcap ... or i'm wrong ?
In summary 16% inflation.
I thought it was even higher than that.
But yeah its really high and will be dragging down the price until they switch to PoS.
It was caused by Ethercoin. For the last year it was the main vehicle for people to invest who missed the IPO and only had 1/60th of the actual supply, so it was clearly over-valued but for a brief period the market referenced that as the starting point.
However it was clear it would crash once more supply came online and will probably fall further.
In summary 16% inflation.
I thought it was even higher than that.
But yeah its really high and will be dragging down the price until they switch to PoS.
Not necessary . It depends on who is getting the inflation supply .
If people with deep pockets are getting it , they wouldn't dump it , rather they will use their enormous wealth to sustain the price and wait for a bull market to pump it .
That's why Bitcoin isn't crashing like what was predicted by Stan a year ago with POW , because major mining operations are exactly deep pockets .
The more centralized mining industry is , the more helpful to the price it will be . On the other hand , if anyone with a computer can get their hands on some coins easily , then high inflation
is surely harmful to the price .
There's no evidence miners are hoarding coins to my knowledge but rather selling them to meet expenses.
Bitcoin declined consistently for a year and a half after the bull market. This is indicates new coins are being sold not held.
The inflation a coin can support depends on the average level of net new demand in weak to neutral market conditions imo.
For Bitcoin this seems to be about the $230 level.
http://coinmarketcap.com/currencies/bitshares/#charts
at launch we had about 70 MIO $ marketcap ... or i'm wrong ?
http://coinmarketcap.com/currencies/bitshares/#charts
at launch we had about 70 MIO $ marketcap ... or i'm wrong ?
It was about one month after launch...
So I predict something identical will happen to ethereum as well...
One major pump must happen (maybe after they make the transition to POS with Casper) and then they will dump it...
Mark my words... The 4x factor against bitshares is very strong.... even on Google they are at least 4x more popular than us...
So on the major pump I predict they will manage to get minimum 4x$80M(our highs)=$320M marketcap and the second place on coinmarketcap for a couple of days....
As toast said, we still don't have seen a real pump. It was only due the non-KYC member's that couldn't sell the first 1-2 days due the 6000 needed confirmations before they can trade their ether's... so the demand was technically much higher than the supply the first days.
PS So yes I believe the dump will come .... BUT after the REAL PUMP... and that has not happened yet!
We know that a lot of bitcoiners and altcoiners think btsx is a "crapcoin" and a ponzi scheme. So why do we really care what they say about us diluting btsx?Kind of reminds me of the famous five monkeys experiment.
Nobody in those communities is willing to go for the bananas any more
but no one remembers why.;)(http://blog2.id.com.au/wp-content/uploads/Monkeys-300x199.jpg)
http://www.answers.com/Q/Did_the_monkey_banana_and_water_spray_experiment_ever_take_place (http://www.answers.com/Q/Did_the_monkey_banana_and_water_spray_experiment_ever_take_place)
Kind of reminds me of the famous goose that laid the golden eggs.
(http://motivatedmormon.com/wp-content/uploads/2014/03/Dont-Kill-the-Goose-2.jpg)
ETH will have to release an exciting and hyped feature to get a big pump.
They definitely are. I think they will get a pump at some point, but not until after the fall to IPO price. The reality of the crypto bear market needs to hit ethereum as well. It doesnt get to just not release for most of the bear market, and then appear later on at a way higher market cap. It needs to go through the dump phase just like every other project.ETH will have to release an exciting and hyped feature to get a big pump.
I think they will... After all they are experts on hyping :P
In summary 16% inflation.
I thought it was even higher than that.
But yeah its really high and will be dragging down the price until they switch to PoS.
Not necessary . It depends on who is getting the inflation supply .
If people with deep pockets are getting it , they wouldn't dump it , rather they will use their enormous wealth to sustain the price and wait for a bull market to pump it .
That's why Bitcoin isn't crashing like what was predicted by Stan a year ago with POW , because major mining operations are exactly deep pockets .
The more centralized mining industry is , the more helpful to the price it will be . On the other hand , if anyone with a computer can get their hands on some coins easily , then high inflation
is surely harmful to the price .
There's no evidence miners are hoarding coins to my knowledge but rather selling them to meet expenses.
Bitcoin declined consistently for a year and a half after the bull market. This indicates new coins are being sold not held.
The inflation a coin can support depends on the average level of net new demand in weak to neutral market conditions imo.
For Bitcoin this seems to be about the $230 level.
For BTS there is a lot of new shares being released to those who didn't support things like the merger. So you have consistent selling pressure but very little new demand, so it can go very low unless BTS 2.0 comes out and new users and investors are attracted.
And they often avoid selling it on the market .(from what i have known , some people from Europe often buy Bitcoin from a major mining operation in China outside the online market . )If miners avoid selling on the market then at the same time those "people from Europe" avoid buying on the market. I'd think the net effect is close to zero.
Also , big time mining operations do not need to constantly sell coins to pay basic expense . They were rich in the first place .And what is the source of their wealth? Surely, they must have sold some of their BTC before they became rich.
iirc BTS price surged when I3 announced they were buying BTS with the donation funds because they expected holding BTS was a better investment than holding PTS or Bitcoin at that moment. That post in the forum set off a buying spree which resulted in the all time high. For the record, I3 said they only let people sell into them and didn't push the price themselves, but that support and confidence was a major catalyst for the BTS all time high.
BitUSD is in circulation!!!
I think lots of people will be willing to short BitUSD, not a lot willing to go long at the start.
Might make BitUSD price trade too far below peg. But this will hurt BTSX price causing the situation to correct itself...
Seems like it may need interest rates if you really want to keep it at 1-1. Because a short may be willing to short BitUSD and pay X% interest to entice a long to trade.
iirc BTS price surged when I3 announced they were buying BTS with the donation funds because they expected holding BTS was a better investment than holding PTS or Bitcoin at that moment. That post in the forum set off a buying spree which resulted in the all time high. For the record, I3 said they only let people sell into them and didn't push the price themselves, but that support and confidence was a major catalyst for the BTS all time high.
It was around the same time but in my version of events, I believe the two were largely unrelated.
The BTSX $ high was caused by the release of BitUSD.
In July they released a BTSX MVP without BitAssets. So the market valued it quite low. The original spike was anticipation of the release of BitAssets and the BTSX all time $ high came within 24 hours of the first BitUSD being in circulation.BitUSD is in circulation!!!
However the original BitAssets were flawed in terms of maintaining a tight peg because bulls were willing to short too far below it, which I'd predicted.I think lots of people will be willing to short BitUSD, not a lot willing to go long at the start.
Might make BitUSD price trade too far below peg. But this will hurt BTSX price causing the situation to correct itself...
Seems like it may need interest rates if you really want to keep it at 1-1. Because a short may be willing to short BitUSD and pay X% interest to entice a long to trade.
BTSX crashed 50% in 3 days, when the peg didn't appear to be holding.
However this was addressed by not allowing shorting below the peg and shorts competing on interest rates instead. This proposed change regained the confidence of the market and BTSX resumed it's climb in spite of a significant BTC downturn & reached a new all time high vs. BTC on Oct 4th.
It was only the reality of dilution that I've already referenced in another post above that stopped BTSX from world domination as it's Chinese popularity in particular was spreading like a virus at the time.
That's not to say the current BTS construct can't be successful.
There was no cause for the all time high .
The high was bound to happened simply for BTS flat lined at June to July for two months .
New coin , flat lined in the candle chart for a long time , all indication of a pump , just looked for the right excuse .
If it weren't for the release of BitUSD , there could be other excuse .
ETH found support at .0025 and bounced. Will the rally have legs, or just be a bounce and then come to new lows? I dont know but I feel that it has to go lower, closer to the IPO price.
ETH found support at .0025 and bounced. Will the rally have legs, or just be a bounce and then come to new lows? I dont know but I feel that it has to go lower, closer to the IPO price.
I'm bear for now thinking we'll see >$30MM. I want to see how it trades for a couple weeks before I dabble in this market though. Hard to say.
iirc BTS price surged when I3 announced they were buying BTS with the donation funds because they expected holding BTS was a better investment than holding PTS or Bitcoin at that moment. That post in the forum set off a buying spree which resulted in the all time high. For the record, I3 said they only let people sell into them and didn't push the price themselves, but that support and confidence was a major catalyst for the BTS all time high.
It was around the same time but in my version of events, I believe the two were largely unrelated.
The BTSX $ high was caused by the release of BitUSD.
In July they released a BTSX MVP without BitAssets. So the market valued it quite low. The original spike was anticipation of the release of BitAssets and the BTSX all time $ high came within 24 hours of the first BitUSD being in circulation.BitUSD is in circulation!!!
However the original BitAssets were flawed in terms of maintaining a tight peg because bulls were willing to short too far below it, which I'd predicted.I think lots of people will be willing to short BitUSD, not a lot willing to go long at the start.
Might make BitUSD price trade too far below peg. But this will hurt BTSX price causing the situation to correct itself...
Seems like it may need interest rates if you really want to keep it at 1-1. Because a short may be willing to short BitUSD and pay X% interest to entice a long to trade.
BTSX crashed 50% in 3 days, when the peg didn't appear to be holding.
However this was addressed by not allowing shorting below the peg and shorts competing on interest rates instead. This proposed change regained the confidence of the market and BTSX resumed it's climb in spite of a significant BTC downturn & reached a new all time high vs. BTC on Oct 4th.
It was only the reality of dilution that I've already referenced in another post above that stopped BTSX from world domination as it's Chinese popularity in particular was spreading like a virus at the time.
That's not to say the current BTS construct can't be successful.
Looking at the http://coinmarketcap.com/currencies/bitshares/ chart, the announcement https://bitsharestalk.org/index.php/topic,7245.0/all.html on August 20 that I3 was using AGS bitcoins to buy BTS was a major factor that took the market cap from around 20 million and nearly tripled it in the next couple days. This created quite a buzz right before BitUSD launched on August 25, and the BitUSD excitement got us to the all time high of 86 million on August 26.
It is harder to develop a BTS fork than to write a dapp for ethereum. Ethereum very clearly places developers first and cares only about providing a good toolchain for building dapps.
One the most precious and expensive resources for blockchains is talented developers like yourself. So I have to admit the fact that Ethereum is able to attract talented developers to add value to their blockchain without needing to pay them directly is pretty huge.
I also think they have 25% inflation + in the first year which would mean they need $4 million + in new money a month to sustain a $200 million CAP and without some kick-ass popular app, I just don't think there's enough
Good points, I know I personally read that and added to my ags donation bts some exchange bought bts at that moment and continued to buy over the next several days at every level going up...I think its been a great trait how open our devs are with the community.Looking at the http://coinmarketcap.com/currencies/bitshares/ chart, the announcement https://bitsharestalk.org/index.php/topic,7245.0/all.html on August 20 that I3 was using AGS bitcoins to buy BTS was a major factor that took the market cap from around 20 million and nearly tripled it in the next couple days. This created quite a buzz right before BitUSD launched on August 25, and the BitUSD excitement got us to the all time high of 86 million on August 26.
It's possible but personally my view as an investor is that while I interpreted the news that they were betting on the success of their own product vs. BTC with AGS funds as positive, it was an insignificant amount relative to the average volume BTSX was doing at that stage. While BItUSD and BitAssets were the core product we had all invested and saw enormous potential in. So, had they...
1. Said we're buying some BTSX with AGS funds but BitUSD will take another two months - I believe the price would have fallen.
2. Released BitUSD and not/mentioned buying some BTSX with AGS - I believe the price would have reacted pretty much the same.
Just my opinion though, we obviously disagree on that one.
On the subject of Ethereum, I have to admit being able to attract developers to add value for free is a pretty big competitive edge.It is harder to develop a BTS fork than to write a dapp for ethereum. Ethereum very clearly places developers first and cares only about providing a good toolchain for building dapps.
One the most precious and expensive resources for blockchains is talented developers like yourself. So I have to admit the fact that Ethereum is able to attract talented developers to add value to their blockchain without needing to pay them directly is pretty huge.
I have no idea where this is going, lol.
Could it be all artificial?
Falling from IPO and then a big rally? It's typical, and in hindsight not buying at 40 million was a predictable mistake. Three psychological factors made me miss this: 1) I don't have much money atmso I told myself I should take what I got and that I "couldn't" afford the added risk of rebuying, and 2) Deep down I did not want Ethereum to moon above BitShares, finally 3) I told myself the graph was deceptive due to early pricing by VIP Kraken members, instead of being quite accurate in spite of early access by Kraken VIP members.
/end event analysis
In the end it could be good for altcoins.
Well stated... +5%In the end it could be good for altcoins.
Of course it is.
Is Ethereum better than bitcoin?'
Of course it is.
Then who cares if they surpass bitcoin before we do. I hope they pass bitcoin tomorrow. I've been dying for the world to start talking about what is beyond bitcoin, and get nauseous whenever I hear the words "blocksize" or "coreXT" . We all knew that the Bitcoin topics of conversation would be changing to what it is that BTS does, so who cares if Ethereum gets the first mover advantage in the 2.0 space. The second and third movers will be right there in every news story!
Right now Ethereum is only worth $100,000,000 fiat dollars (pocket change to some)
how much value is that?
We are talking about a global Bitcoin2.0 protocol standards here, where network adoption is paramount
what is that worth (to humanity)?
(http://02varvara.files.wordpress.com/2009/01/00-01-zimbabwe-100-trillion-dollar-note-2009-obverse.jpg%3Fw%3D1000%26h%3D550)
It's not about how many Ethers or BrowniePoints you have, it's about evolving the global "Blockchain conversation" and Ethereum just taught the world a thing or two about Bitcoin 2.0
In the end it could be good for altcoins.
Of course it is.
Is Ethereum better than bitcoin?'
Of course it is.
Then who cares if they surpass bitcoin before we do. I hope they pass bitcoin tomorrow. I've been dying for the world to start talking about what is beyond bitcoin, and get nauseous whenever I hear the words "blocksize" or "coreXT" . We all knew that the Bitcoin topics of conversation would be changing to what it is that BTS does, so who cares if Ethereum gets the first mover advantage in the 2.0 space. The second and third movers will be right there in every news story!
Right now Ethereum is only worth $100,000,000 fiat dollars (pocket change to some)
how much value is that?
We are talking about a global Bitcoin2.0 protocol standards here, where network adoption is paramount
what is that worth (to humanity)?
(http://02varvara.files.wordpress.com/2009/01/00-01-zimbabwe-100-trillion-dollar-note-2009-obverse.jpg%3Fw%3D1000%26h%3D550)
It's not about how many Ethers or BrowniePoints you have, it's about evolving the global "Blockchain conversation" and Ethereum just taught the world a thing or two about Bitcoin 2.0
I have no idea where this is going, lol.
Me neither.
Breaking $100 million has always big psychological barrier for LTC up or down. So my guess is ETH will spike up to 120 million at least on this move. But I'm 0 for 2 atm. (Missed the IPO and the recent $40 million bottom.)
If it can get ahead of LTC like we were hoping BTSX could do back in the day, who knows. Interesting.
so who cares if Ethereum gets the first mover advantage in the 2.0 space. The second and third movers will be right there in every news story!
Just do opposite of what ppl say
Then it will be somewhere in between :)Just do opposite of what ppl say
Half the people have been saying back to ipo price and other half have been saying its going to $1000. :P
Bought some ETH at .00461
And bought more at .0044-.0045. I think it needs to bounce at this point. But this isnt a long term buy or anything, just playing for a bounce.
I think it could be due a bounce.
However I am still seeing circa 50k ETH being added to sell orders each day on Poloniex without buy orders increasing so I think that incoming supply eventually has to push down the price unless there's a new reason for fresh demand this week.
(Moved ETH discussion to this thread from BTS price discussion thread)
(Moved ETH discussion to this thread from BTS price discussion thread)
Sounds good.
I am still long from about .0045 average price and think we are going to continue higher today. (But it it breaks down through the short term moving averages I would probably get out while I still was up on the trade)
I shorted at 0.00515 again.
(Moved ETH discussion to this thread from BTS price discussion thread)
(Moved ETH discussion to this thread from BTS price discussion thread)
Sounds good.
I am still long from about .0045 average price and think we are going to continue higher today. (But it it breaks down through the short term moving averages I would probably get out while I still was up on the trade)
I shorted at 0.00515 again.
(Moved ETH discussion to this thread from BTS price discussion thread)
I'll close that short I opened at a little over 0.0045 if it gets down there and then maybe wait for it to go up to 48/50 again before re-shorting.
btw I hear some rumors about people seriously dumping BTC right now..so if any of you have any btc left maybe it is a good time to buy some bitusd..
sorry out of topic.. ::)
Argh, it started dropping again.
I sold the ETH with small gain, currently no position.
Argh, it started dropping again.
I sold the ETH with small gain, currently no position.
I closed my short at the price I bought for no gain, currently no position.
Suddenly 700 BTC more in buy orders big difference but not a lot of support down to 0.00047 so might try a little risky short again soon.
Argh, it started dropping again.
I sold the ETH with small gain, currently no position.
I closed my short at the price I bought for no gain, currently no position.
Suddenly 700 BTC more in buy orders big difference but not a lot of support down to 0.00047 so might try a little risky short again soon.
Yep. For a couple days there it was doing exactly what I thought it would, but not anymore. I'm out for a while, going to hang on to my profits and put them into BTS.
@ Ander, we seem to be all the time in the wrong side the two of us.. I closed my short position of ETH yesterday, took some small profits, got long on bts, took some profits.
Now I am again short in ETH @ 55 will son take some profits, go Long BTS and repeat over and over until either BTS and ETH spread in market cap reduces either I lose my worthless btc left in Poloniex..lol..
Sold the rest. Another 10k free BTS from the profit. No ETH position, waiting to see what happens.
I've been doing it a lot since ETH released. Not normally though.Sold the rest. Another 10k free BTS from the profit. No ETH position, waiting to see what happens.
Ander Im curious do you day trade full time?
Please dont make this thread your personal day trading journal. Sorry but it is annoying (to me). :)
Do rename it in that case. :)Please dont make this thread your personal day trading journal. Sorry but it is annoying (to me). :)
I made the thread, now its my daytrading journal. [emoji14]
Sorry.
Please carry on, your daily escapades are most interesting.+5%
I'm just annoyed I can't daytrade my way to profits as well as ander. Just too nerve-wracking to me. But props to those who can do it well.
Please continue to post your escapades. Good learning experience for us less-gifted traders. Perhaps consider changing thread title to "ander's personal day trading journal". Hah.
Rename by what ? The name is apropriate for the conversation.Do rename it in that case. :)Please dont make this thread your personal day trading journal. Sorry but it is annoying (to me). :)
I made the thread, now its my daytrading journal. [emoji14]
Sorry.
Please continue to post your escapades. Good learning experience for us less-gifted traders.+5%
How much X leverage does Peloniex provide in margin trading ?
I've been able to earn some nice profit with 20X leverage on Bitcoin futures these days.You can hold a position at polo as long as you are willing to pay interest and as long as you dont get margin called.
2.5 X is not that attractive compare to that . :P
How long can you hold a position in Polonix ?
I've been able to earn some nice profit with 20X leverage on Bitcoin futures these days.You can hold a position at polo as long as you are willing to pay interest and as long as you dont get margin called.
2.5 X is not that attractive compare to that . :P
How long can you hold a position in Polonix ?
Sure, if you go 20x and are correct youll make more money. But the room for error is so small. I prefer to have a very large room for error so I dont even use 2.5x.
Re: my earlier short, the wall was indeed unreliable and went away. Shouldnt have shorted so low in the range. It seems we are stuck in a range around .006, so you can expect prices to probably return to .006 at some point, meaning its good to buy under it/short above it. (Until something breaks and it isnt).
Trying to get out at breakeven now on a spike down.
Bought some at .0589.
Bought some at .0589.
That's brave my guess is ETH might be stable or gain vs. BTC but will lose vs. USD/Fiat.
Wow was that the average of your Ether trades or was that a single one? If it's a single one, I'm impressed, that a pretty big bet. +2 btc, well played sir.
Ander, my friend, you are picking up pennies in front of a steam roller. :)
I have less number of trades and a much higher return for about the same amount traded. ;)
Ander, my friend, you are picking up pennies in front of a steam roller. :)
I have less number of trades and a much higher return for about the same amount traded. ;)
Shorted a little ETH, its started drifting lower without bounces, all the moving averages are turning down, and the volume is way down. I dont think there is going to be enough buying coming in to sustain these 10x ipo prices, not when everyone is taking a hit on every asset they own.
Ander is a warrior. :) He's fighting an endless battle to capture all the volatility and convert it into BTS. :)
Why don't you guys just start up a bitETH?I would wait for bts2 so that the issuer can make a profit from its mpa
Trade on the Bitshares blockchain.
Why don't you guys just start up a bitETH?
Trade on the Bitshares blockchain.
Wow, ETH getting wrecked. Shouldve held my earlier short, but had to cover it a while back at a small loss. Oh well.
Wow, ETH getting wrecked. Shouldve held my earlier short, but had to cover it a while back at a small loss. Oh well.
I wonder if bytemaster answering that reddit post had anything to do with it.
which post?Wow, ETH getting wrecked. Shouldve held my earlier short, but had to cover it a while back at a small loss. Oh well.
I wonder if bytemaster answering that reddit post had anything to do with it.
Wow, ETH getting wrecked. Shouldve held my earlier short, but had to cover it a while back at a small loss. Oh well.
I wonder if bytemaster answering that reddit post had anything to do with it.
No it didnt. It happened earlier on.
Someone dumped and it caused someone with 270 btc worth of margin long to get liquidated. The guy was bitching at the polo mods earlier about how it dumped in a market order. What did he expect it to do?
The guy said his account was frozen and it caused his position to liquidate. So it seems that it was an involuntary dump. So I bought a lot at 400k, pretty confident that it would go back up fast... which didn't happen yet. I don't understand markets, but it was quite interesting to follow... I just really hope that ethereum will be back to 460k/470k soon so that I can close that position, I think ethereum is overevaluated, but not in the short time.
Imo it seems ethereum will take the same path as BitShares. A big hype at the beggining and then the price will slowly decrease till people have usable software. Then it will rise up again.
It would be nice to see the money migrate from Ethereum to BitShares, teh charts are the opposite right now. Would love to see Eth at 20cents and jump in with BTS profits
Imo it seems ethereum will take the same path as BitShares. A big hype at the beggining and then the price will slowly decrease till people have usable software. Then it will rise up again.
It would be nice to see the money migrate from Ethereum to BitShares, teh charts are the opposite right now. Would love to see Eth at 20cents and jump in with BTS profits
I agree. Ethereum presale investors good a good chance to sell high on ETH and buy BTS at the low.
Hopefully we will have the same opportunity to sell BTS and buy cheap ETH later.
1) I wouldnt be able to trade it, because my bitshares client crashes after I put in a couple of orders, and then requires me to resync the entire blockchain, taking most of a day.
Its falling for the same reason BTS fell from 9000 sats last fall to 1400.
Because it has a high valuation due to release hype, but it is still an alpha product.
ETH is going to do pretty much what BTS did just a year behind, most likely. I dont think it will fall to 8 million though, probably 20M. ETH was always 2-3x bigger than BTS in its hype/community size.
Its falling for the same reason BTS fell from 9000 sats last fall to 1400.
Because it has a high valuation due to release hype, but it is still an alpha product.
ETH is going to do pretty much what BTS did just a year behind, most likely. I dont think it will fall to 8 million though, probably 20M. ETH was always 2-3x bigger than BTS in its hype/community size.
I'm expecting this. Waiting for <30M to start to get in, hoping it will go to 20
With BitShares 2.0 about to blow minds on its path, I would be waiting something like a couple of months before the Ethereum GUI release to start buying ETH ;)I may reconsider my position on ethereum once they have POS
With BitShares 2.0 about to blow minds on its path, I would be waiting something like a couple of months before the Ethereum GUI release to start buying ETH ;)I may reconsider my position on ethereum once they have POS
What do eth people blame the fall on.
What do eth people blame the fall on.
What do eth people blame the fall on.
What did we blame it on when we fell from the peak?
What do eth people blame the fall on.
What did we blame it on when we fell from the peak?
"blah blah blah.... this is bottom... blah blah bla... can't believe its so undervalued... blah blah blah wow, it cant possibly go any lower, i'm doubling down... blah blah blah... china is dumping!... blah blah blah... what are the devs doing?!?... blah blah blah... Fuck this (insert any crypto coin)"
Same story for every coin
It was really hard for me not to feel "judged" by the fall in BTS price, but seeing the same trends repeating over and over have helped me to realize that it isn't all my fault.
What do eth people blame the fall on.
What did we blame it on when we fell from the peak?
"blah blah blah.... this is bottom... blah blah bla... can't believe its so undervalued... blah blah blah wow, it cant possibly go any lower, i'm doubling down... blah blah blah... china is dumping!... blah blah blah... what are the devs doing?!?... blah blah blah... Fuck this (insert any crypto coin)"
Same story for every coin
It was really hard for me not to feel "judged" by the fall in BTS price, but seeing the same trends repeating over and over have helped me to realize that it isn't all my fault.
its just funny seeing the cycle repeat, although now people can short and make money through a nice interface (polo) so people are actually benefiting.
I think without real world use cases and real demand on the token, its hard to justify a rise in prices given the fact that development timelines are years in the future. The leaked chat confirmed this.
Thats true, i think they ban short selling in times of emergency like when the bond vigilantes did their thing with Greece. In the end you cant "ban" a normal market function, it will ruin any confidence in it.its just funny seeing the cycle repeat, although now people can short and make money through a nice interface (polo) so people are actually benefiting.
I think without real world use cases and real demand on the token, its hard to justify a rise in prices given the fact that development timelines are years in the future. The leaked chat confirmed this.
I would make the argument that the ability to short will actually make the dips shallower. The fact that shorters have to cover should dampen big dips. It still baffles me that governments that think banning short selling will prevent the market from declining, when in fact it does the opposite.
its just funny seeing the cycle repeat, although now people can short and make money through a nice interface (polo) so people are actually benefiting.
I think without real world use cases and real demand on the token, its hard to justify a rise in prices given the fact that development timelines are years in the future. The leaked chat confirmed this.
I would make the argument that the ability to short will actually make the dips shallower. The fact that shorters have to cover should dampen big dips. It still baffles me that governments that think banning short selling will prevent the market from declining, when in fact it does the opposite.
its just funny seeing the cycle repeat, although now people can short and make money through a nice interface (polo) so people are actually benefiting.
I think without real world use cases and real demand on the token, its hard to justify a rise in prices given the fact that development timelines are years in the future. The leaked chat confirmed this.
I would make the argument that the ability to short will actually make the dips shallower. The fact that shorters have to cover should dampen big dips. It still baffles me that governments that think banning short selling will prevent the market from declining, when in fact it does the opposite.
I think you are slightly mistaken.... banning short selling prevents the market from declining TODAY by removing support TOMORROW. Think of it as burning your stabilizer fuel trying to generate thrust.... it will quickly run out of fuel and then things become more volatile in the future but will ultimately fail to stop the pull of gravity. At the end of the day it is nothing more than those in power picking the winners and losers.
It was really hard for me not to feel "judged" by the fall in BTS price, but seeing the same trends repeating over and over have helped me to realize that it isn't all my fault.I have come to think that it's nearly impossible not to feel this way. It's human nature to try to assign blame during tough times. It helps to understand that, although the feelings are normal, it doesn't mean they reflect reality.
It was really hard for me not to feel "judged" by the fall in BTS price, but seeing the same trends repeating over and over have helped me to realize that it isn't all my fault.I have come to think that it's nearly impossible not to feel this way. It's human nature to try to assign blame during tough times. It helps to understand that, although the feelings are normal, it doesn't mean they reflect reality.
Keep up the good work! +5%
I am seeing ETH people make exactly the same comments about how the dilution to pay developers is good for ETH and that people should buy because of it, that many of us made about BTS last october.
We learned our lesson, but they havent yet.
I'm going to love buying ETH 9 months from now.
I am seeing ETH people make exactly the same comments about how the dilution to pay developers is good for ETH and that people should buy because of it, that many of us made about BTS last october.
We learned our lesson, but they havent yet.
I'm going to love buying ETH 9 months from now.
I think it is the change that hurt. Without the potential for worker pay CNX would have to work on other projects. Worker pay is key to sustainability. What hurts the price is when the illusion is broken and people realize that the cost to build and grow a blockchain is something that cannot be done in a SINGLE round of funding.
Look at a payment company such as Dwolla, they raised 5 rounds over 5 years.
BTS went through a similar process with angel, then gifts, and then worker pay.
ETH will do something similar.
Poor Augur investors...
Poor Augur investors...
They that paid with ether I suppose you mean ....
Hello Ethereum pros,
how can I buy BTS using my pre-sale ether account. Any instructions or links will be greatly appreciated.
Thanks,
Hello Ethereum pros,
how can I buy BTS using my pre-sale ether account. Any instructions or links will be greatly appreciated.
Thanks,
thanks for answering,
what I need to know is how to get my ether to Poloniex or Metaexchange
PS else you must install frontier and insert on the frontier console a command like this:
geth console (wait the wallet to sync before going to the next step_)
web3.eth.sendTransaction({from: 'yourpresaleaccountaddress', to: 'poloniexdepositetheraddress', value: web3.toWei(1000, 'ether')});
if you want to sent 1000 ethers for example and then you will be asked for your password....
QuotePS else you must install frontier and insert on the frontier console a command like this:
geth console (wait the wallet to sync before going to the next step_)
web3.eth.sendTransaction({from: 'yourpresaleaccountaddress', to: 'poloniexdepositetheraddress', value: web3.toWei(1000, 'ether')});
if you want to sent 1000 ethers for example and then you will be asked for your password....
I have tried sending 1 ether to my Poloniex ether account using geth. The transaction went through fine, I can see the balance on the Poloniex account using geth command that it does have 1 ether. However when I go to my Poloniex account it does not show, I have doubled check the account number and it's the same. Is there a minimum amount for it to show on Poloniex, do you know? Or how long before it shows up on my Poloniex account? I have done this about 5 hours ago.
QuotePS else you must install frontier and insert on the frontier console a command like this:
geth console (wait the wallet to sync before going to the next step_)
web3.eth.sendTransaction({from: 'yourpresaleaccountaddress', to: 'poloniexdepositetheraddress', value: web3.toWei(1000, 'ether')});
if you want to sent 1000 ethers for example and then you will be asked for your password....
I have tried sending 1 ether to my Poloniex ether account using geth. The transaction went through fine, I can see the balance on the Poloniex account using geth command that it does have 1 ether. However when I go to my Poloniex account it does not show, I have doubled check the account number and it's the same. Is there a minimum amount for it to show on Poloniex, do you know? Or how long before it shows up on my Poloniex account? I have done this about 5 hours ago.
have you tried to contact support? https://poloniex.com/support/faq
How can I contact support?
Before contacting support, we encourage everyone to check out @Poloniex on Twitter for the latest news and announcements.
To contact support, go to poloniex.freshdesk.com and open a ticket. You will be prompted for the details we need to address your issue. Our goal is to get back to you as soon as possible, typically within 24 hours.
I I remember right there is a minimum. But I am sure you don't loose what you sent,it is just like pending.Another thing is that you will not have problem sending 5 ethers :D
I did that many times in past to check if the transaction will happen ;)
eth.sendTransaction({from: 'MyEtherAccount', to: 'MyPoloniexAccount', value: 1})
Is it true we are going to see a huge bull run in ETH over the next month?
I am very very bullish on ETH over the next little while. I think we may set new ATH records as we see the price of BTC skyrocket this month. This month should be a great month for us all in Bitshares, Bitcoin and Ethereum. These are very exciting times.
Is it true we are going to see a huge bull run in ETH over the next month?
I am very very bullish on ETH over the next little while. I think we may set new ATH records as we see the price of BTC skyrocket this month. This month should be a great month for us all in Bitshares, Bitcoin and Ethereum. These are very exciting times.
Why, may i ask?
Is it true we are going to see a huge bull run in ETH over the next month?
I am very very bullish on ETH over the next little while. I think we may set new ATH records as we see the price of BTC skyrocket this month. This month should be a great month for us all in Bitshares, Bitcoin and Ethereum. These are very exciting times.
Is it true we are going to see a huge bull run in ETH over the next month?
I am very very bullish on ETH over the next little while. I think we may set new ATH records as we see the price of BTC skyrocket this month. This month should be a great month for us all in Bitshares, Bitcoin and Ethereum. These are very exciting times.
Why do you think BTC will sky rocket?
ETH has a huge inflation with mining. A POS Ethereum would be a winner. Why is none cloning and getting one out while they are still fighting inflation?
ETH has a huge inflation with mining. A POS Ethereum would be a winner. Why is none cloning and getting one out while they are still fighting inflation?
I think they have, but no one likes clones.
Ethereum getting rekked right now... almost below 40mil
Cagara just lost 50 100 btc on ether.
Maybe he wont be able to short as many bts.
"cagara: xETHeREALx, problem is liquidity. I cannot sell now without pushing the market down to 150k"
Cagara just lost 50 100 btc on ether.
Maybe he wont be able to short as many bts.
"cagara: xETHeREALx, problem is liquidity. I cannot sell now without pushing the market down to 150k"
That's probably the profit he had from BTS so he's still fine. Not to mention someone who injected more money to keep his shorts like him, probably has more money to pour if he wants. However if he somehow doesn't have that sort of money it would be pretty epic the fact he is creating a character people might be scared to trade against. People give him to much attention and his character is probably already influencing some people's trading activity.
Ethereum is recovering nicely after bottoming out a week ago. Not sure what is driving the price to spike so quickly.
https://cryptrader.com/charts/poloniex/eth/btc
Ethereum is recovering nicely after bottoming out a week ago. Not sure what is driving the price to spike so quickly.
https://cryptrader.com/charts/poloniex/eth/btc
Apparently, etheruem seems find a real usecase.
Apparently, etheruem seems find a real usecase.
Lol not really. This is just another pump, and will almost guaranteed crash back to reality in the near future.
Apparently, etheruem seems find a real usecase.
Lol not really. This is just another pump, and will almost guaranteed crash back to reality in the near future.
+5% Who is this 'Microsoft'? I've never heard of them. We have Banx Capital! 8)
Still expecting Ethereum to bleed throughout this next year so not really worried about this pump.
Still expecting Ethereum to bleed throughout this next year so not really worried about this pump.
If you get pumped 10x you can bleed 9% a month for 2 years without falling down below original marketcap.
I think Microsoft hosting ETH nodes is a big deal. Many people were not sure about liabilities associated with hosting ETH nodes. But having a big player behind kind of blesses it.When I think back to the IBM talk in Shanghai, at one point I turned around to cass and said to him: "If you still have ether, you better sell them now".
When do you guys Bitshares will be pumped? In my personal opinion Bitshares is allot more stable than Ethereum and that's why I bought some and sold my Ethereum. Any new developments coming out with Bitshares that will effect the price?Hopefully people start reading the whitepaper and understand what bitshares is ALL ABOUT .. not just jump on the train for a quick buck ..
When do you guys Bitshares will be pumped? In my personal opinion Bitshares is allot more stable than Ethereum and that's why I bought some and sold my Ethereum. Any new developments coming out with Bitshares that will effect the price?i do not think new feature will help much. We would be better to do some optimise now, such as make the market operational and charge fiat easier.
When do you guys Bitshares will be pumped? In my personal opinion Bitshares is allot more stable than Ethereum and that's why I bought some and sold my Ethereum. Any new developments coming out with Bitshares that will effect the price?i do not think new feature will help much. We would be better to do some optimise now, such as make the market operational and charge fiat easier.
I think Microsoft hosting ETH nodes is a big deal. Many people were not sure about liabilities associated with hosting ETH nodes. But having a big player behind kind of blesses it.
Wow...question is, what can homestead deliver that justifies that price ..
Question is, how long until it overtakes bitcoin?
Hopefully people start reading the whitepaper and understand what bitshares is ALL ABOUT .. not just jump on the train for a quick buck ..
Bytemaster usually announces everything as it comes in (some projects may be dealt with in the background for legal and or NDA reasons)
... and usefulness of end product.Tell me about it! How useful is ethereum at this stage? What meaningful smart contracts do they have? Slock.it?
... and usefulness of end product.Tell me about it! How useful is ethereum at this stage? What meaningful smart contracts do they have? Slock.it?
... and usefulness of end product.Tell me about it! How useful is ethereum at this stage? What meaningful smart contracts do they have? Slock.it?
BitShares was on the 3th place of coinmarketcap by a useless 1.0 wallet that even the devs admitted it was "unable to use for normal people" . so .... no one really cares about usefulness on the market .
welp, just shorted some eth. I don't normally like to gamble but this... this is just too obvious...
lets see how this goes.
welp, just shorted some eth. I don't normally like to gamble but this... this is just too obvious...
lets see how this goes.
NO.
My god I hope you guys are long ETH, or hold some ETH, or something.
welp, just shorted some eth. I don't normally like to gamble but this... this is just too obvious...
lets see how this goes.
NO.
My god I hope you guys are long ETH, or hold some ETH, or something.
how is eth not about to plummet?
welp, just shorted some eth. I don't normally like to gamble but this... this is just too obvious...
lets see how this goes.
NO.
My god I hope you guys are long ETH, or hold some ETH, or something.
how is eth not about to plummet?
It could. It could plummet any time. Or it could just go and go and go up until $100.
If you short you are gambling with the potential of losing all your collateral.
merockstar if you shorted above .011 youre good, just make sure you cover on this dip!
Or maybe its the top and I look dump.
But for god sake do not lose all your collateral shorting this monster.
It would be an awesome development for bitshares and all crypto 2.0 if Ethereum passes bitcoin. It will break the idea that bitcoin is the only legitimate crypto currency and everything else is a "shitcoin". Investors and developers will then start looking at other crypto projects as viable investments instead of thinking the only investment/platform has something with a direct connection to bitcoin.
It would be an awesome development for bitshares and all crypto 2.0 if Ethereum passes bitcoin. It will break the idea that bitcoin is the only legitimate crypto currency and everything else is a "shitcoin". Investors and developers will then start looking at other crypto projects as viable investments instead of thinking the only investment/platform has something with a direct connection to bitcoin.
Amen.
One things for sure - Poloniex is making bank! 35000 * 0.004 * 372 =~ $54k
I have shorted eth yesterday, closed my position before the next pump and with the profits I bought some bts. I will do this again today. Shorting ethereum and buying bitshares is no brainer for me now just make sure you have sufficient collateral when you short and don't get very greedy..
Qora and bithsares are a strong buy for me now..
I have shorted eth yesterday, closed my position before the next pump and with the profits I bought some bts. I will do this again today. Shorting ethereum and buying bitshares is no brainer for me now just make sure you have sufficient collateral when you short and don't get very greedy..
Qora and bithsares are a strong buy for me now..
ohhh boy... why did you have to post this?
Now, I have to close some well reasoned short positions.
I have shorted eth yesterday, closed my position before the next pump and with the profits I bought some bts. I will do this again today. Shorting ethereum and buying bitshares is no brainer for me now just make sure you have sufficient collateral when you short and don't get very greedy..
Qora and bithsares are a strong buy for me now..
ohhh boy... why did you have to post this?
Now, I have to close some well reasoned short positions.
lol...With my luck in trading probably this would be the best thing to do for you! I most of the times do the exact opposite everyone else is doing..trend is not my friend.. :)
Once the pump finishes, people will get bored holding a hypecoin with no GUI and and smart contracts that are clearly inferior to those on BitShares. They will then start to look at the liquidity and beauty of our DEX and come flocking over. Ethereum's market cap is just a glimpse of the great times to come for BitShares.
Im bringing out my inner Stan.
Once the pump finishes, people will get bored holding a hypecoin with no GUI and and smart contracts that are clearly inferior to those on BitShares. They will then start to look at the liquidity and beauty of our DEX and come flocking over. Ethereum's market cap is just a glimpse of the great times to come for BitShares.
Im bringing out my inner Stan.
lol, traders never care about GUI .
They trade on the exchanges .
I trade Bitcoin for half a year without even touching the Bitcoin wallet
And another new high. Wow.
Thats why you dont short. :P
Once the pump finishes, people will get bored holding a hypecoin with no GUI and and smart contracts that are clearly inferior to those on BitShares. They will then start to look at the liquidity and beauty of our DEX and come flocking over. Ethereum's market cap is just a glimpse of the great times to come for BitShares.
Im bringing out my inner Stan.
lol, traders never care about GUI .
They trade on the exchanges .
I trade Bitcoin for half a year without even touching the Bitcoin wallet
Yes you trade on an exchange that has a decent GUI. Well done.
And another new high. Wow.
Thats why you dont short. :P
you were right and I was wrong.
The daily candle looks like a top to me, at least for a bit. But I'm too scared to do anything.
Glad I was too scared to do anything, because I was wrong, and it went crazy while I was asleep.
Pretty much any time you think that ETH has topped, you are wrong, thats the lesson here. ;)
I would think we would see a pullback here at the top of this range and consolidation for a few days or a week to the lower trendline but I could be wrong. Indicators are off the charts but I remember in early 2013 bitcoin, these same indicators stayed off the chart for weeks. This seems to be a steeper incline than that though, so the rise may not go as far.
(http://i.imgur.com/BePXsSm.png)
I would think we would see a pullback here at the top of this range and consolidation for a few days or a week to the lower trendline but I could be wrong. Indicators are off the charts but I remember in early 2013 bitcoin, these same indicators stayed off the chart for weeks. This seems to be a steeper incline than that though, so the rise may not go as far.
(http://i.imgur.com/BePXsSm.png)
Ethereum is probably worth at least 1 billion dollars. It can and should go higher.
https://www.ibtimes.co.uk/r3-connects-11-banks-distributed-ledger-using-ethereum-microsoft-azure-1539044
@Ander you can try qora for a change..I think it will give you the opportunity for 100% profit soon unless it is completely broken.
I would think we would see a pullback here at the top of this range and consolidation for a few days or a week to the lower trendline but I could be wrong. Indicators are off the charts but I remember in early 2013 bitcoin, these same indicators stayed off the chart for weeks. This seems to be a steeper incline than that though, so the rise may not go as far.
(http://i.imgur.com/BePXsSm.png)
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
you may cry if it get hacked ...LOLOnce the pump finishes, people will get bored holding a hypecoin with no GUI and and smart contracts that are clearly inferior to those on BitShares. They will then start to look at the liquidity and beauty of our DEX and come flocking over. Ethereum's market cap is just a glimpse of the great times to come for BitShares.
Im bringing out my inner Stan.
lol, traders never care about GUI .
They trade on the exchanges .
I trade Bitcoin for half a year without even touching the Bitcoin wallet
I wonder if Polo got hacked now, it would be hilarious ahah
I still cant believe that EXP got 5000 btc in volume. WTF.
I still cant believe that EXP got 5000 btc in volume. WTF.
Pardon me. What is EXP? And why is it up massively?
According to the developers, the main difference between Expanse and similar projects is that it is a "community run project"
The major similarity of course being able that their name is a single word starting with the letter "E"
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
Eth is worth that much because the speculative capital make that worth much .It's simple math .
BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .
So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer projection, unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .
.. with the blink of an eye! :P@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
Eth is worth that much because the speculative capital make that worth much .It's simple math .
BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .
So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer projection, unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .
I didn't know BM had the ability to kill speculators, that's amazing.
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
Eth is worth that much because the speculative capital make that worth much .It's simple math .
BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .
So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection, unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
Eth is worth that much because the speculative capital make that worth much .It's simple math .
BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .
So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection, unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .
I think our definition of 'users' is different.
What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
Eth is worth that much because the speculative capital make that worth much .It's simple math .
BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .
So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection, unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .
I think our definition of 'users' is different.
What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?
because every single crypto in existence has speculative-users . Unlike real users , speculative-users would disregard the disadvantage in the user experience/stability/legal protection , only because they hold a coin and want it to be successfully .
This is the reality . Users won't come in , at least not for years . Only speculative-users would . And if you kill speculators , you'll lost the only users that you can get .
@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?
I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks
Eth is worth that much because the speculative capital make that worth much .It's simple math .
BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .
So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection, unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .
I think our definition of 'users' is different.
What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?
because every single crypto in existence has speculative-users . Unlike real users , speculative-users would disregard the disadvantage in the user experience/stability/legal protection , only because they hold a coin and want it to be successfully .
This is the reality . Users won't come in , at least not for years . Only speculative-users would . And if you kill speculators , you'll lost the only users that you can get .
It's confirmed.. you have a very different idea of the definition of 'users'. Perhaps that small segment you are referring to that might be the case... but for most, all of that just doesn't matter when it is presented and packaged in a manner that meets their needs and solves their pains.
Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job. Other communities use carrots for their coders, we prefer using the stick.
IMHO, that is true from the speculative point of view only ..Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job. Other communities use carrots for their coders, we prefer using the stick.
When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?
Doge market cap is multiple times of BTS with no development at all , how do you explain that ?
Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?
At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .
Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job. Other communities use carrots for their coders, we prefer using the stick.
When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?
Doge market cap is multiple times of BTS with no development at all , how do you explain that ?
Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?
At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .
When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?
Doge market cap is multiple times of BTS with no development at all , how do you explain that ?
Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?
At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .
When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?
Obviously LTC is a better coin! (LOL)
(http://i.imgur.com/d6LZHPA.jpg)Doge market cap is multiple times of BTS with no development at all , how do you explain that ?
No development at all will give us a HUGE advandage against our "competitors" and also a higher market cap! LETS DO IT! (LOL 2.0)Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?
Does this count as YES?
(http://i.imgur.com/wnZNasw.png)At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .
Yes, and at the end of the day all those coins with stagnant development will have a shitcoin's fate.
(http://i.imgur.com/CzbsjXY.jpg)
You simply forget one thing : Development can be copied in one second . Capitals can not . Dogecoin can have BitShares' feature by one click if in the future people do need features , and BitShares can't have Dogecoin's capital by one click .
I agree with a lot of your points about bitshares Wildpig, especially the empty promises of big deals or big pushes hurting and the uncertainty of it all. But what I don't see is why that doesn't apply to ethereum.
I get that ethereum is infinitely better at marketing and community building, but I can't find any reason for the sudden price jump. There are quite a few considerable risky issues and unsolved problems, that would have caused massive outroars on the side of bitshares users and shareholders. An unspecified and encertain move to POS, as far as I can tell remaining issues with solving bandwidth and centralization (especially since they seem to hate the solutions and ideas that have been implemented in bitshares). Last I looked the pricing of "gas" is not resolved, which is kinda important if you want to have your scripts running at the same cost.
So where is this sudden spike in confidence coming from, where I'm seeing no less issues than people see in bitshares. Is it me, or does it sound a little backward to first make a complicated system and then move it to a different blockchain? It might be just me, but the ethereum blockchain sounds a little more involved than a timestamped database and when they hand wave their plans to upgrade the entire thing without even an attempt at a governance system like in dpos, not only sounds technically difficult to me, but also very hard to get concensus on. Hell if it's so hard in bitshares with it's attempts at inbuilt voting, how will it work in ethereum?
All this does not invoke me with the same confidence in ethereum, that "the market" apparently is seeing. Btw, is this price increase actual, or can this be an orchestrated pump? I'm not trying to diss ethereum, but the only other jump I've seen like this was with the ripple-manipulation, so I'm no longer able to bring myself to buy into these kinds of jumps. The thing is, if ethereum crashes hard, I'm kinda worried it will have a bad effect on all the so called bitcoin2.0 projects.
https://www.tradingview.com/chart/ETHUSD/MAP5QXeL-Short/
Now imagine if the price drops like some people are expecting and Kraken goes down again... Nail in the coffin.
Here's my guess why Ethereum attracts so much attention... based on the idiotness of crypto traders
"Ethereum" sounds much more badass and techy than "bitshares"
"Vitalik Buterin" sounds much more mysterious and cool than "Danny Larimer"
Just my "Judge a book by it's cover" evalutation. If your going to invest in a crypto, you might as well buy the coolest sounding one so you can sound extra cool when explaining it to your hip millennial friends at your local sodosopa.
now that stealth will restrict us from doing this, we can always do it with eth
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
now that stealth will restrict us from doing this, we can always do it with eth
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
the great bear whales will still have the option of flooding poloniex with visible BTS transfers, right?
now that stealth will restrict us from doing this, we can always do it with eth
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
the great bear whales will still have the option of flooding poloniex with visible BTS transfers, right?
now that stealth will restrict us from doing this, we can always do it with eth
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
the great bear whales will still have the option of flooding poloniex with visible BTS transfers, right?
Noone is going to stop them from doing so but what would be the purpose of this?
If you wanted to sell at the best price posible would you telegraph to everyone "I have tens of millions of BTS to dump right now!" or would you transfer your BTS to the exchanges using stealth? Any large transfer to exchanges without using stealth makes no sense imo.
now that stealth will restrict us from doing this, we can always do it with eth
https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/
the great bear whales will still have the option of flooding poloniex with visible BTS transfers, right?
Noone is going to stop them from doing so but what would be the purpose of this?
If you wanted to sell at the best price posible would you telegraph to everyone "I have tens of millions of BTS to dump right now!" or would you transfer your BTS to the exchanges using stealth? Any large transfer to exchanges without using stealth makes no sense imo.
They don't need to sell if the price drops on its own. They can just buy cheaper.
...this is depressing
Yhea .. moving stuff over to bts is quite simple and we only need to educate people and create some buzz .....this is depressing
naw, the more capital in cryptocurrencies, the better off we'll be in time.
Yhea .. moving stuff over to bts is quite simple and we only need to educate people and create some buzz .....this is depressing
naw, the more capital in cryptocurrencies, the better off we'll be in time.
Also, with the rather thin markets .. only little volume is needed to boost the bts price big time ..
Yhea .. moving stuff over to bts is quite simple and we only need to educate people and create some buzz .....this is depressing
naw, the more capital in cryptocurrencies, the better off we'll be in time.
Also, with the rather thin markets .. only little volume is needed to boost the bts price big time ..
yup and i think only a matter of time. every successful crypto project, whether bitcoin, ethereum, or whatever, boosts our credibility by association. Ethereum is exploding on the smart contracts thing, but we also do it with our MPAs in a smaller, but still very clever way. there should definitely be spillover effects that benefit us.
Yhea .. moving stuff over to bts is quite simple and we only need to educate people and create some buzz .....this is depressing
naw, the more capital in cryptocurrencies, the better off we'll be in time.
Also, with the rather thin markets .. only little volume is needed to boost the bts price big time ..
yup and i think only a matter of time. every successful crypto project, whether bitcoin, ethereum, or whatever, boosts our credibility by association. Ethereum is exploding on the smart contracts thing, but we also do it with our MPAs in a smaller, but still very clever way. there should definitely be spillover effects that benefit us.
It's not only about getting a pump like others. BitShares should be recognized as a big player in the industry. That would actually support it and get more people interested. It isn't, hence our current situation.
A simple pump and riding the wave means nothing for a solid future.
A simple pump and riding the wave means nothing for a solid future.
Are we too late to buy? Is 0.02 the top? Any technical traders have advice?
lol I've put off buying eth on every rise, assuming "there's no way this is sustainable"...but it just keeps going up anyway. And I know full well that as soon as I pull the trigger and buy it'll come crashing down on me.
Pretty sure I'm the worst trader alive. :(
Werneo, glad to see you're still around. I'll use your reasoning as an excuse not to get caught up in the hype. :P
Thanks man.
Werneo, glad to see you're still around. I'll use your reasoning as an excuse not to get caught up in the hype. :P
Thanks man.
8)
There are lots of new stories talking up Ethereum these days:
http://www.coindesk.com/microsoft-ethereum-startup-blockchain/
https://blog.ethereum.org/2016/02/29/homestead-release/
http://bitcoinist.net/thomson-reuters-announces-ethereum-blockchain-plans/
Sell the news might be wise.
Then again I could be wrong.
A simple pump and riding the wave means nothing for a solid future.
A simple pump is pretty powerful. If BTS went to 200 mill right now, and then fell down again, all the major players could cash out a three year salary, and still keep 70% of their holdings. That would completely ensure BTS development until it is ready for prime time. It would also generate a massive influx of new users and developers willing to sign up to be a worker and witness. All of this is best achieved if we just suck it up and HODL. The "lock up funds" proposal makes more and more sense, especially in the pump climate that we will be seeing in this space going forward.
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
It has risen to close to 1/6th of Bitcoin market cap. The bubble is becoming a giant over a span of a few days.
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
Good lord does the bubble ever burst?? I've never seen a crypto just go up...and keep on going up. I'm starting to doubt it's ever gonna pop and it'll just keep going until it takes over bitcoin.
Why the hell I didn't put some cash in around $30 mil cap a few months back is beyond me...I just would've never thought this kind of growth was possible.
Yes, I'm considerably jealous. :P
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
Good lord does the bubble ever burst?? I've never seen a crypto just go up...and keep on going up. I'm starting to doubt it's ever gonna pop and it'll just keep going until it takes over bitcoin.
Why the hell I didn't put some cash in around $30 mil cap a few months back is beyond me...I just would've never thought this kind of growth was possible.
Yes, I'm considerably jealous. :P
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
It has risen to close to 1/6th of Bitcoin market cap. The bubble is becoming a giant over a span of a few days.
Yeah it might just pass BTC and turn the crypto world on its head.
BTC would never recover I think. Good alts would flourish.
Guess we should create a ETH MPA soon.
If ETH corrects now
Guess we should create a ETH MPA soon.
that'd be great, so we can easily short ETH (not that i'm an ETH hater)
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
Until it gets hacked :P it must have a pretty big target on its back atm
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
Until it gets hacked :P it must have a pretty big target on its back atm
What is keeping poloniex from moving on BitShares ?
How far are we from being able to attract exchange with that kind of "target on the back" in our more secured environment ?
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
Until it gets hacked :P it must have a pretty big target on its back atm
What is keeping poloniex from moving on BitShares ?
How far are we from being able to attract exchange with that kind of "target on the back" in our more secured environment ?
What's keeping them from joining is they havent been hacked lately.
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
Until it gets hacked :P it must have a pretty big target on its back atm
What is keeping poloniex from moving on BitShares ?
How far are we from being able to attract exchange with that kind of "target on the back" in our more secured environment ?
What's keeping them from joining is they havent been hacked lately.
I fail to understand this 'hack' thing. Aren't bts bridges/gateways subject to the same risks of having their btc/altcoin hot wallets being hacked?
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
Until it gets hacked :P it must have a pretty big target on its back atm
What is keeping poloniex from moving on BitShares ?
How far are we from being able to attract exchange with that kind of "target on the back" in our more secured environment ?
What's keeping them from joining is they havent been hacked lately.
I fail to understand this 'hack' thing. Aren't bts bridges/gateways subject to the same risks of having their btc/altcoin hot wallets being hacked?
Bridges don't hold your coins like an exchange do, they are simply used to make a transaction when you want to convert crypto, which means the time you're exposed to a hack is way less, meaning it has less risk.
Of course though, if you use a btc IOU form a third party you're still at risk that third party gets hacked and looses their BTC. That's why collaterized assets are important and why sidechains are even better (require less collateral than our current model). Still, an exchange has more risks of getting hacked other than loosing private keys. It can mess up the database for example, loose users information details, passwords, etc. At least with BitShares the user is the only one who has those.
It's not 100% risk free. But it decreases possible attack vectors.
Maybe it finally topped? I dont know.
The ETH refugees are spiking BTS right now.
Werneo might be right I think, potential ETH crash to under .02.
I'm thinking ETH will fall to around 0.015 before the uptrend can resume.
I'm thinking ETH will fall to around 0.015 before the uptrend can resume.
.021
.021
Is poloniex pumping ETH?
https://bitsharestalk.org/index.php/topic,21830.msg284487/topicseen.html#msg284487
i dunno man, i'm just nervous that there aren't any great wallet alternatives to transfer my ETH out of poloniex.
.021
.021
Yeah but you're cheating. :P
or will double top.
i dunno man, i'm just nervous that there aren't any great wallet alternatives to transfer my ETH out of poloniex.
u no like Mist?
ETH up, see if it can hit a new high or will double top.
ETH up, see if it can hit a new high or will double top.
If 24h volume don't increase significant (more than 50M) I would say a double top...
poloniex must be making tons of monies from the big pumps/trading. Imagine this kind of trading done on the DEX. The trading fees that bts is missing...
Until it gets hacked :P it must have a pretty big target on its back atm
What is keeping poloniex from moving on BitShares ?
How far are we from being able to attract exchange with that kind of "target on the back" in our more secured environment ?
What's keeping them from joining is they havent been hacked lately.
I fail to understand this 'hack' thing. Aren't bts bridges/gateways subject to the same risks of having their btc/altcoin hot wallets being hacked?
Here's what happens next ...
(http://i.imgur.com/7bH2a4a.jpg)
TheETHBTS refugees are spikingBTSETH right now.
TheETHBTS refugees are spikingBTSETH right now.
ftfy ;)
(http://i.imgur.com/EAol6O1.jpg)
Good call, though. :D
My god, she's unstoppable.
Snip
TheETHBTS refugees are spikingBTSETH right now.
ftfy ;)
(http://i.imgur.com/EAol6O1.jpg)
all crypto is rising against a common foe. embrace eth's rise as your own, even if not invested.
diving to fast is not appropriate either :P
Logs indicate that you placed an order to sell 0.02560000 ETH at a price of 500.00000000 BTC instead of an order to sell 500 ETH at a price of 0.02560000 BTC.
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. Please 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/
"Ethereum with it's billion dollar market cap and correspondingly large development fund will continue to move ahead with so many tools, they're going to become the Microsoft of virtual machines on blockchains."
- Daniel Larimer (https://soundcloud.com/beyond-bitcoin-hangouts/e138#t=59:27)
"Ethereum with it's billion dollar market cap and correspondingly large development fund will continue to move ahead with so many tools, they're going to become the Microsoft of virtual machines on blockchains."
- Daniel Larimer (https://soundcloud.com/beyond-bitcoin-hangouts/e138#t=59:27)
Excellent. Dan said some very important things in that clip. He said the Ethereum virtual machine is "here to stay", and that Ethereum is set to become the Microsoft of blockchains. Wow. He also said some interesting things about sidechains and the future interoperability of bitshares with other blockchains like bitcoin and Ethereum. Good mumble session. Thanks for posting that.
It's time for a correction.
irrational exuberance
Has she topped? Hmm...
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-13bETH.png)
This chart shows two parallel trends. ETH has corrected to the bottom of the upper trend channel. If ETH drops below 0.0270, it could freefall down to 0.0200 and then stabilize somewhere inside the lower trend channel.
Some of the major alts appears tied to ETH's fortunes, so if ETH drops again, BTS might follow.
One variable: ETH is now trading on chbtc.com. To what extent will Chinese demand effect the price of ETH?
Looking/feeling like .025 is on the way.then probably going higher
(http://topenglish.sk/anglictina-online/wp-content/uploads/2012/10/sharks2_thumb.jpg)
then probably going higher
ETH tanks hard, causing BTS to tank hard.
ETH goes back up, BTS doesnt.
:(
ETH tanks hard, causing BTS to tank hard.
ETH goes back up, BTS doesnt.
:(
Welcome to .03 - .025 (for the most part) until Metropolis.
At least that's what I think will happen.
https://www.reddit.com/r/ethtrader/comments/4alimn/thoughts_on_technical_analysis/ (https://www.reddit.com/r/ethtrader/comments/4alimn/thoughts_on_technical_analysis/)
but ... muh lines! ;)
The bubble has popped. Speculators are going elsewhere.
Muh lines say .03 to .025 till Metropolis. If it gets any lower or higher it's simply a mistake in the data being reported.
Muh lines say .03 to .025 till Metropolis. If it gets any lower or higher it's simply a mistake in the data being reported.
It breached 0.025. What is missing?
Welcome to .03 - .025 (for the most part) until Metropolis.
Good buying opportunity if you believe it has a future.
Million dollar question is when is the lowest point :)Good buying opportunity if you believe it has a future.
No it's not .
The tech has a future , but market moves on its own free will regardless of how many features/function/big-things .
So if people do believe in the future , they should buy it at a lowest point and get more profit .
Million dollar question is when is the lowest point :)Good buying opportunity if you believe it has a future.
No it's not .
The tech has a future , but market moves on its own free will regardless of how many features/function/big-things .
So if people do believe in the future , they should buy it at a lowest point and get more profit .
Aayush Jindal disagrees w/u werneo.
However, I don't.
We are about to find out who's right.
Edit : .018 on the way. <fingers crossed>
Aayush Jindal disagrees w/u werneo.
However, I don't.
We are about to find out who's right.
Edit : .018 on the way. <fingers crossed>
:-\
and so it begins.
and so it begins.
We have heard it before but it did not happen. What is difference this time?
What is difference this time?
Nowhere to go but down.
Then we can all buy some cheap ETH again.
Barring any really good unexpected news in the next week, I think ETH will go below $500 million.
There goes.027.028, next stop ... ?
I'm margin selling all the way up to 0.030 myself.
I could be wrong, but I think ETH may be running out of steam here.
I could be wrong, but I think ETH may be running out of steam here.
I'm margin selling all the way up to 0.030 myself.
You made the mistake to not participate on ethereum crowd-sale... don't make another one! We need you here...healthy!
I'm jonesing here people. Quick I need lines. I don't know what to do. Please give me lines.
Through technical trading prediction , I expect Ethereum will go to 95 RMB on Yunbi at least .
Through technical trading prediction , I expect Ethereum will go to 95 RMB on Yunbi at least .
I changed my mind . After considering the divergence ...... i expect it to drop
Through technical trading prediction , I expect Ethereum will go to 95 RMB on Yunbi at least .
I changed my mind . After considering the divergence ...... i expect it to drop
;)
I'm margin selling all the way up to 0.030 myself.
You made the mistake to not participate on ethereum crowd-sale... don't make another one! We need you here...healthy!
Yeah I might lose on this one :) My thinking is that they have a high valuation, a lot for sale under 0.032 and high inflation atm.
If you look at LTC when it had that kind of inflation, it could never maintain a high level, as that 30% inflation would always drag the price down when the current reason for speculative demand dried up.
Yeah, that didn't work out, so I unloaded earlier today.
Now getting ready to reload between .018 - .016 ... anyone disagree?
I'm margin selling all the way up to 0.030 myself.
You made the mistake to not participate on ethereum crowd-sale... don't make another one! We need you here...healthy!
Yeah I might lose on this one :) My thinking is that they have a high valuation, a lot for sale under 0.032 and high inflation atm.
If you look at LTC when it had that kind of inflation, it could never maintain a high level, as that 30% inflation would always drag the price down when the current reason for speculative demand dried up.
If I lose on this trade, I'll lose on others because I've put buy orders very low on other things I like expecting a sharp Ethereum correction to make them crash too, so I might end up having to buy into them higher. Oh well...
I'm margin selling all the way up to 0.030 myself.
You made the mistake to not participate on ethereum crowd-sale... don't make another one! We need you here...healthy!
Yeah I might lose on this one :) My thinking is that they have a high valuation, a lot for sale under 0.032 and high inflation atm.
If you look at LTC when it had that kind of inflation, it could never maintain a high level, as that 30% inflation would always drag the price down when the current reason for speculative demand dried up.
If I lose on this trade, I'll lose on others because I've put buy orders very low on other things I like expecting a sharp Ethereum correction to make them crash too, so I might end up having to buy into them higher. Oh well...
Thumbs up to @Empirical1.2 for his accurate prediction !!!! +5% +5% +5%
Now tell as where you think it stops?
This is in line with my earlier prediction that ETH is headed to 0.01 https://www.tradingview.com/chart/ETHBTC/HUHRkyZa-Ethereum-April-Update-5-Special-Edition/
This is in line with my earlier prediction that ETH is headed to 0.01 https://www.tradingview.com/chart/ETHBTC/HUHRkyZa-Ethereum-April-Update-5-Special-Edition/
-MACD negative crossover in the hour-frame.
-Four unsuccessful attempts to break through resistance at 0.026/Double Top
I call this shortable.
ETH Ethereum – while we speak of what to buy mostly, this time im telling you to sell or at least BUY the short on ie http://BlTMEX.com ie because ETH just claimed they will close their forum due to lack of funds. If the project is not having enough money for running a forum this doesnt mean anything good.
Ethereum ... One blockchain to rule them all?
http://www.economist.com/news/science-and-technology/21697197-week-we-discuss-how-keep-drones-away-manned-aircraft-and-talk
I'm margin selling all the way up to 0.030 myself.
You made the mistake to not participate on ethereum crowd-sale... don't make another one! We need you here...healthy!
Yeah I might lose on this one :) My thinking is that they have a high valuation, a lot for sale under 0.032 and high inflation atm.
If you look at LTC when it had that kind of inflation, it could never maintain a high level, as that 30% inflation would always drag the price down when the current reason for speculative demand dried up.
If I lose on this trade, I'll lose on others because I've put buy orders very low on other things I like expecting a sharp Ethereum correction to make them crash too, so I might end up having to buy into them higher. Oh well...
Thumbs up to @Empirical1.2 for his accurate prediction !!!! +5% +5% +5%
Now tell as where you think it stops?
I don't know :) I like MAID this week though, MVP getting closer...
I don't know :) I like MAID this week though, MVP getting closer...
I'm stocking up on MAID at these prices again, think ETH is pulling it down but MVP seems to be coming along well.
I don't know :) I like MAID this week though, MVP getting closer...
I'm stocking up on MAID at these prices again, think ETH is pulling it down but MVP seems to be coming along well.
Ouch...
(Still holding Maid and going to DCA at this lower price hoping the MVP will be released soon... )
I don't know :) I like MAID this week though, MVP getting closer...
I'm stocking up on MAID at these prices again, think ETH is pulling it down but MVP seems to be coming along well.
Ouch...
(Still holding Maid and going to DCA at this lower price hoping the MVP will be released soon... )
sorry for the noob question...
what is DCA and MVP?
sorry for the noob question...
what is DCA and MVP?
The DAO ETH Balance was 11,599,353.25 Ether 24 hours ago with a total Token Supply of 1,159,931,811.69 TheDAO, now there is currently only 8,914,536.17 Ether with a total Token Supply: 1,159,813,810.27 TheDAO.
So 118001.42 tokens has split with 2684817.08 Eth? 22.75 Eth per DAO token? Can someone explain?
Someone is draining the DAO using recursive splitDAO calls
It is according to slack. Someone is stealing like $1.000.000 worth of ether a minute
Never short eth. Never ever. :P
Where I do see upcoming short potential is in ETH. Since being added to Bitfinex or for some other reason, it seems to be a lot more correlated to BTC however when the increased volumes and current tailwinds die down I think it will struggle to maintain that inflated price with it's much higher level of inflation.
Never short eth. Never ever. :P
werneo what do you see for eth now