BitShares Forum

Main => General Discussion => Topic started by: Ander on August 07, 2015, 05:49:37 pm

Title: Ethereum price discussion
Post by: Ander on August 07, 2015, 05:49:37 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 07, 2015, 08:12:03 pm
Will definitely crash, but still gutted I didn't buy the IPO and put all my eggs in BTSX at the time.

I would think BTS would be re-valued upwards too a bit once people start comparing.

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.

But yes it will crash, so whether you can get $2.80 is another thing altogether.  Also I personally think BTSX would have been circa $300-400 million today.

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 07, 2015, 08:39:25 pm
Yep.

Almost nobody is going to get 10x the ipo price though, only those lucky enough to get ETH to exchange first.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: CLains on August 08, 2015, 12:26:11 pm
From 160 to 80 million in 12 hours T_T

Really have to be a ninja to get those initial spikes.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: BunkerChainLabs-DataSecurityNode on August 08, 2015, 06:44:51 pm
From 160 to 80 million in 12 hours T_T

Really have to be a ninja to get those initial spikes.
Yikes.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: toast on August 08, 2015, 06:51:01 pm
Kraken enabled deposits for KYCed customers first or figured out how to post collateral, who were a tiny subset of users. The inital $3 price was clearly artificial just like BTS price on launch (in that case it was just one exchange honoring the sharedrop).

Right now most presale buyers are able to cash out with minimal effort. Curious how far the presale selloff will take it.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 08, 2015, 06:54:03 pm
From 160 to 80 million in 12 hours T_T

Really have to be a ninja to get those initial spikes.

Under 50M now, still falling. 
It should decline to the IPO price I think, way more down to go!

The initial buyers were idiots, buying at 20x the IPO. 
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 08, 2015, 06:57:11 pm
Also looks like people dumped ETH for BTC then dumped the BTC right away to get out of crypto.  Plenty of people have been stuck in ETH for a year wanting their money.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: bitmeat on August 08, 2015, 08:24:17 pm
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!
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: xeroc on August 08, 2015, 08:49:47 pm
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!
It seems i read a different blog post.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: toast on August 08, 2015, 11:13:01 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: matador123 on August 08, 2015, 11:15:06 pm
what was the IPO price?
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cylonmaker2053 on August 08, 2015, 11:15:29 pm
ETH market cap is a joke with < $1M USD trading volume. we'll see how this unfolds over the next couple weeks. unless volume picks up and actual capital flows into the system, i see the price continuing to collapse.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 08, 2015, 11:49:14 pm
what was the IPO price?

I think they raised $18 million for 60 million Ether, so something like $0.3 per Ether was IPO price. 
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: bitmeat on August 09, 2015, 12:10:27 am
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.

Thing is, you don't have to do everything in your DApp on their blockchain. You could run your own nodes that do checkpoints with the main blockchain. So, I don't think scalability is that much of an issue even with the current implementation.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: davidpbrown on August 09, 2015, 08:47:07 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 09, 2015, 04:02:12 pm
glad that this is the one project I did not invest in.

I didn't invest either but I'm certainly not glad about it. 

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.

I would have just sold my Ether as soon as I could though and probably have invested the proceeds into BTS 2.0 closer to the release date. (Once I'm convinced the new BitAsset system works & is more liquid -I'm already sold on the merits of the referral system.)

But it's a HUGE difference in the returns shareholders have currently got over the last year.


Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: davidpbrown on August 09, 2015, 08:34:21 pm
Yes.. I hadn't seen that the IPO was 0.30. We'll see where it goes from here but as with BitShares, if it doesn't deliver utility to those who are not just speculating, then there might be another slippage. Part of utility will be stability in the chain and a lack of bugs and other limiting issues. Without having seen a BTC like success just yet, it's too soon to suggest they released to ETH too early.. they could still be the one that wins big.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: svk on August 10, 2015, 06:22:33 am
I didn't invest in the IPO either even though I was quite certain it would be a good investment.

My reasons were purely ethical: the huge premine/bonus the developers gave themselves and the way it was hidden in the small type of the IPO conditions made me stay away completely. Vitalik and the rest must be laughing all the way to the bank..
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: davidpbrown on August 10, 2015, 07:22:14 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: sumantso on August 10, 2015, 08:06:43 am
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.


My first suspicion too. They know its going to crash so why not be the first one to sell?
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: jsidhu on August 10, 2015, 08:09:27 am
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.
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cass on August 10, 2015, 08:11:51 am
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 :)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: xeroc on August 10, 2015, 08:19:29 am
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
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: svk on August 10, 2015, 09:02:14 am
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 :)

Well done :)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cryptoMPA on August 10, 2015, 10:11:11 am
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'm waiting a few weeks before even considering trading it. I'd say it is below $30MM marketcap within 2 weeks. Time will show.

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: liondani on August 10, 2015, 02:12:17 pm
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)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: betax on August 10, 2015, 03:11:57 pm
Poloniex or offline are other options. Well done cass ;)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Akado on August 10, 2015, 03:12:11 pm
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?
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: lil_jay890 on August 10, 2015, 03:17:49 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Akado on August 10, 2015, 03:19:46 pm
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.

I understand people who want to sell would value it that way but who was buying at those prices lol? What's the supply and inflation on ether? I know it was related to  % of the ICO?
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: xeroc on August 10, 2015, 03:31:30 pm
https://www.reddit.com/r/ethereum/comments/1wyzgm/ethereum_is_inflationary_correct/
https://www.reddit.com/r/ethereum/comments/3fi05q/how_many_ethereum_will_be_mined_after_one_year/

most interesting:
https://www.reddit.com/r/ethereum/comments/3dcavg/where_to_find_information_on_inflation_amount_of/
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: bytemaster on August 10, 2015, 05:07:56 pm
In summary 16% inflation.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 10, 2015, 05:09:56 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: jakub on August 10, 2015, 05:13:45 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 10, 2015, 05:39:59 pm
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.

ETH currently around triple the IPO price, BTS 1/3 the IPO price.  So about a factor of 10 at least.  More if you sold in the first 24 hours after ETH release.  Of course, ETH is going to keep dropping and it will look a lot more even in the future.  This initial ETH hype bubble was so out of control. 
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: toast on August 10, 2015, 05:48:40 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cass on August 10, 2015, 06:12:46 pm
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)

yep i've transfered on 7th (1.30pm) and then about 6k (25h) conf later on 8th at 2pm i was able to trade @ 0.0047

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 10, 2015, 07:09:01 pm
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.

Yes, an IPO comparison would  make ETH a better investment by a factor of 4.

My sums are still a bit on the high side, but I was comparing whether it would have been better stay in invested in BTS during the Ethereum fundraising period, as most of us were, or switch some to Ethereum. Those that did would be 20-100x wealthier than us. Look how well cass did with his 2BTC...

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!

Cass's 2 BTC in Ether was sold for 19 BTC. Had he kept it in BTS, that 2 BTC would be worth circa 0.2-0.3 BTC today.

So he was nearly 100x better off over that period.

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.

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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cass on August 10, 2015, 07:21:58 pm
but if i did sell my BTS directly on launch i'd have get same revenue with BTS ...
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 10, 2015, 07:27:52 pm
but if i did sell my BTS directly on launch i'd have get same revenue with BTS ...

No I think you would have made a 25% return with BTSX vs. the 950% return you got with ETH.

BTSX had a market CAP of $25 million on Launch.

I think PTS had a value of $20 million leading up to the BTSX snapshot and $10 million a day after. PTS received 50% of BTSX. So they were paying a $20 million valuation during the IPO.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cass on August 10, 2015, 07:29:57 pm
http://coinmarketcap.com/currencies/bitshares/#charts

at launch we had about 70 MIO $ marketcap ... or i'm wrong ?
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cass on August 10, 2015, 07:33:17 pm
anyway, yes it was a good investment ... so i'm happy
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 10, 2015, 07:58:46 pm
http://coinmarketcap.com/currencies/bitshares/#charts

at launch we had about 70 MIO $ marketcap ... or i'm wrong ?

July 21st. BTSX was $26 million at launch? If you sold your BTSX as soon as possible as you did with ETH.

If you're saying you could have predicted the Aug 26-28th high and sold then, you would have got 300-400% return, but I think that's a bit of a stretch.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: btswildpig on August 10, 2015, 08:04:34 pm
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 .
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: bobmaloney on August 10, 2015, 08:14:49 pm
...if I mined bitcoin with a Core2Duo @ $.12/kwh back in 2009...
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 10, 2015, 08:22:11 pm
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.

Yes this.  Ethercoin was able to freely pump without much supply being able to be sold. 
When ETH launched some people were initially pricing based on ethercoin price which was over 10x the ipo price.  People wanting to buy at that price mostly bought ethercoin.

Then once the actual supply came in it dwarfed demand so price has been falling to more reasonable levels.  I think it needs to fall to IPO price before it will find real support, but I could be wrong.  I dont plan to buy any if its market cap is higher than bitshares.  If Bitshares equals its market cap at some point I'll swap a bit, probably 5-10%.    If it ever falls a lot below Bitshares cap I'll get some more.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 10, 2015, 09:09:12 pm
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.



Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 10, 2015, 09:17:32 pm
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.

I agree, miners are worse holders than IPO buyers.  Miners have ongoing electricity expenses to keep their operation going.  They have to be selling something to raise funds to keep mining, so they probably at least need to sell some of their coins.

IPO buyers spent investment dollars on the IPO.  They have no ongoing costs to continue hodling.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: liondani on August 10, 2015, 09:46:27 pm
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!
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 10, 2015, 10:01:22 pm
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!

ETH will have to release an exciting and hyped feature to get a big pump.

For BTSX it wasn't really a pump. BTSX climbed beautifully and consistently vs. BTC for nearly 6 weeks in a row. Aug 30th to Oct 4th.

My personal opinion is that we would have continued climbing above LTC and beyond (Which there was already a prediction market for) It was only the reality of dilution that stopped BTSX in it's tracks imo. Though this is obv widely disputed.

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)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: liondani on August 10, 2015, 10:09:03 pm
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
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 10, 2015, 10:40:24 pm
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
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: btswildpig on August 11, 2015, 02:53:43 am
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.

Miners are not Mining operations .
I know some of them quite well .
In fact , some of them have formed an alliance to sustain the price . 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 . )

Also , big time mining operations do not need to constantly sell coins to pay basic expense . They were rich in the first place . Also , they have absurdly cheap electricity . While some of you might think "poor miners , they need to sell coins to pay enormous cost " , well , that's just the small time miners who don't have scale advantage . Industrial mining operations on the other hand , are far more lucrative than normal manufacturing industry .

As for the drop after the bull market , that's bound to happen one way or another even without further inflation . Every stock does that after a full 5 wave cycle .
What matters is , if there will be another new circle .

Also , there is NO real "demand" on a highly speculative market . Everybody follows trend . Once the trend comes , the market would convince you that "you need this thing !!!! or you'll be the sucker !!!"  then ...there comes the demand . Because in any speculative market , your expectation is based on what you think other people's expectations are .

Also , when the up trend vanished , everybody who felt so strong to "demand" it would be gone .
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mint chocolate chip on August 11, 2015, 07:59:21 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: jakub on August 11, 2015, 08:08:19 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 11, 2015, 09:48:50 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: btswildpig on August 11, 2015, 12:59:23 pm
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 .
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 11, 2015, 07:12:00 pm

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 .

You seem to live in a reality where markets are only moved by whales and trend chasers.
Prices reflect and respond to information too.

If BM & friends were raided and arrested tomorrow the BTS price would fall a lot.
If they announced BTS 2.0 was ready and bug free tomorrow the price would rise a lot.

Sometimes markets can seem irrational but they are always reacting to events and new information.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 11, 2015, 07:31:56 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cryptoMPA on August 11, 2015, 09:06:43 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: liondani on August 11, 2015, 10:20:04 pm
Are they on a fork
or under attack...

Average network hashrate was consistently more than 100GH/s ... now it is 7.9GH/s!
Average block time was about 18s... now 4 minutes!!!
Active nodes was about 80/95 now 49/52!
2 blocks made more than 3800s to generate! More tha one hour! WTF?
And last... the price jumped the last hours more than 50% with a volume of $1.5M

Any comments from the expert's here?   ;)

EDIT:
It's probably only a problem with stats.ethdev.com  site...
https://www.reddit.com/r/ethereum/comments/3gmhqc/whats_up_with_the_statsethdevcom_site/
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 12, 2015, 12:41:44 am
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.

I feel like not enough pre-sale ETH has been sold yet. So it should go lower.

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 new money coming into this space to support that for a long length of time.

At the same time if they're viewed as an immutable crypto-currency, they could be seen as a potential Bitcoin beater which could contribute a lot to a strong valuation.

I'm not buying at the moment, but then again I also missed the IPO which was a mistake.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mint chocolate chip on August 12, 2015, 08:47:01 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 12, 2015, 10:36:30 am
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: liondani on August 12, 2015, 11:26:17 am
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

Practically it's much lower since the block production time  is greater than expected... so the blocks produced in one year will be significant less than expected... (so less ether's practically in circulation the first year)
Not to mention how much ethers will never get claimed because after one year I am sure many will not remember their passwords, (if they remember they participated on the IPO)   :P
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mint chocolate chip on August 12, 2015, 03:56:04 pm
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.
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.

I missed the boat on ether as well. The logical thinking is ether will come down in price, but it seems the market does the opposite of what people expect so often that it might just go to the moon.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 13, 2015, 05:23:57 pm
Well, after initially dropping 70% from the starting price, its now continuing to rally.  I have no idea where this is going, lol.  I wish we were as good at generating hype as the ETH guys.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 13, 2015, 05:34:43 pm
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.

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: BunkerChainLabs-DataSecurityNode on August 13, 2015, 05:47:25 pm
Could it be all artificial?

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: nomoreheroes7 on August 13, 2015, 06:08:13 pm
Could it be all artificial?

I'm guessing a lot of it is. Reminds me of the whole Paycoin thing going on late last year -- huge swings of volatility, insane market cap, and eventually after all the excitement died down it came crashing down, followed by a long, arduous bleed out.

Also kind of like BTSX, I guess. The difference being XPY was a pretty obvious scam and has no hope to recover, whereas I expect BTS to make a nice recovery once 2.0 gets closer. I imagine ETH will go through the same motions -- crazy volatility and excitement followed by a long bleed out once that "new car smell" is gone. Followed by another huge pump. And the world keeps on spinning.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: CLains on August 13, 2015, 08:27:58 pm
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
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 13, 2015, 08:45:42 pm
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

I thought it would fall a bit further first, and not bounce quite as much, but there is actually a lot of demand and not as much dumping by holders as I expected.  We'll see what happens after this frenzy is over of course.


In the end it could be good for altcoins.  There is tons of BTC flooding into poloniex, and if ETH stabilizes and drops some, there will be a decent amount of btc floating around there that can go into the other alts.  I wonder if polo might eventually overtake btc38 for volume?  They are already not too far off on some days.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Erlich Bachman on August 13, 2015, 09:12:47 pm
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
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 13, 2015, 09:55:03 pm
I think the ETH bounce topped around .008 and is now beginning the dump/bleed down.  Currently .007, we will see.

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: BunkerChainLabs-DataSecurityNode on August 13, 2015, 10:30:42 pm
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
Well stated... +5%
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: cylonmaker2053 on August 13, 2015, 11:15:43 pm
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

right on, completely agree! it's perfectly feasible for BTS to have the same monetary success with a successful 2.0 launch, but nonetheless, i'm happy to cheer on any crypto innovation.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 15, 2015, 12:48:03 am
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.

Well it did spike up to 130 after breaking 100, so I'll call it 1 for 3 on that.

Still I not sure where it's going. My guess is it will go down to as low as $60 million this weekend.


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!


Well first mover advantage worked out pretty well for Bitcoin  :) & I don't remember the 2nd & 3rd movers being in every (any?) Bitcoin news story.

I still think BTS 2.0 can do it.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 15, 2015, 02:43:48 am
I think ETH pump is over and its heading down again.  Now to see where it finds support. 

The buying was stronger than I expected, I no longer think its going all the way back to IPO price.  It can probably stabilize at 40-50 million cap or so.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: jsidhu on August 15, 2015, 04:05:27 am
Just do opposite of what ppl say
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 15, 2015, 04:06:22 am
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
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: jsidhu on August 15, 2015, 05:34:56 am
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
Then it will be somewhere in between :)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 18, 2015, 02:40:43 pm
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.

I shorted at 0.00515 again.

(Moved ETH discussion to this thread from BTS price discussion thread)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 04:31:49 pm

(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)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 18, 2015, 06:55:20 pm

(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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 07:23:45 pm

(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.

Good job, I am wishing I had sold at .005 and rebought that drop.
It scares me too much to be short or on margin right now.  Sitting in my current long from ~.0045, I plan to either sell on a good bounce or sell at breakeven if it drops.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mf-tzo on August 18, 2015, 07:27:04 pm
i am personally short again in 0.0049 and plan to keep it open until 0.0043 at least..Then buy BTS again..I almost recovered my 1st day trading mistakes in Poloniex..
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 07:48:09 pm
Interesting, I'm on the opposite side of some of you guys right now.

If you end up taking my BTC, go buy some BTS with it, heh!  If I take yours I'll buy BTS as well. ;)

(Edit: I sold 10 mins later)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mf-tzo on August 18, 2015, 07:56:23 pm
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.. ::)
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 07:57:23 pm
Argh, it started dropping again.

I sold the ETH with small gain, currently no position.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 08:00:52 pm
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.. ::)

If you have BTC you dont want, it means you can buy BTS!  Who buys bitUSD when BTS is in the 1600-1700 sat range?
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mf-tzo on August 18, 2015, 08:05:54 pm
the last 0.5 btc that I had I decided to play with eth in case i make any profits to buy some bts..small fish here swimming with whales..all in or nothing for me..but others may be more conservative
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 10:12:28 pm
Shorted a very small amount at ~.0048.  Very small.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 10:49:54 pm
Yikes, someone bought the sell wall, got out with small loss, glad it was small position.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 18, 2015, 10:51:35 pm
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.

Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 18, 2015, 10:56:41 pm
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.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 18, 2015, 11:02:32 pm
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.

Put in small short at 0.005

Already have big BTS position, was going to put quite a lot into BTS this week just holding off at the moment.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 19, 2015, 07:24:49 am
I am back in ETH again.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: mf-tzo on August 19, 2015, 09:37:40 am
@ 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..
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Empirical1.2 on August 19, 2015, 06:33:41 pm
I closed a short for a small loss.

ETH held up pretty well in the BTC dump, Augur is also getting a lot of publicity which is indirectly positive for ETH too. So tempted to go long a bit.
Title: Re: Get ready for the wailing and gnashing of teeth, when the ETH dump comes.
Post by: Ander on August 19, 2015, 06:36:17 pm
@ 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..

Be careful shorting ETH! ;)
(Or longing it)
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 02:50:40 pm
Sold my ETH over .006, got about 15000 free BTS with the profits. :)
Probably buy back some ETH if it dips, depending on how it looks.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 03:33:46 pm
Some ETH consensus alert thing just happened, people are talking about it. No idea what it means but I'm sitting out of ETH for a bit.

I managed to short some after it started dumping, now dumping hard! :)
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 03:48:26 pm
Closed when it started bouncing, made .1 btc in 10 mins lol.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 05:38:51 pm
Shorted again near .006.  The dump form the network issue damaged the chart a lot, should have a second drop I think.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 05:44:27 pm
Hmm, seems they announced a fix, might have to just cover here around breakeven.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 08:40:16 pm
I bought ETH again, think its going up.  Took a small loss on last attempt to short. :(  But it was less than the free money I got off that dump at least.  Long from .0061.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 08:44:06 pm
Holy crap, literally 2 minutes after I long, this goes up.

Some whale watching for my posts and following them or something?  lol.  (Nah I dont actually think thats happening)
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 08:45:28 pm
Sold half what I bought already at .00638, waiting on the rest.  That was fast.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 08:52:33 pm
Sold the rest.  Another 10k free BTS from the profit.  No ETH position, waiting to see what happens.
Title: Re: Ethereum price discussion
Post by: speedy on August 20, 2015, 09:33:36 pm
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?
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 10:14:34 pm
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?
I've been doing it a lot since ETH released.  Not normally though.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 10:37:04 pm
Shorted a little, .0064.  My bounce target was .0065 and it got there.
Now I feel it could go back down. 

But gotta be very careful, because it could just keep going and going, who knows.
Title: Re: Ethereum price discussion
Post by: Ander on August 20, 2015, 10:47:02 pm
Someone big dumped a couple minutes after I posted! :)

Is there a whale following me?


Its great to see those sell walls now lower than my entry price, helps guarantee a profit.  I'm not covering yet though, if this breaks under .006 it could go down significantly.

(On the other hand there is now over 3000 btc on the buy side of the orderbooks, which is a ton.  SO maybe its just going to correct a bit and then keep going up.  We'll have to see) 
Title: Re: Ethereum price discussion
Post by: Ander on August 21, 2015, 01:25:13 am
Covered, only made like .03 btc.  Got scared by the 10k buywall at .0062.
Title: Re: Ethereum price discussion
Post by: phillyguy on August 21, 2015, 01:55:20 am
@Ander love following your action. Nice work overall!
Title: Re: Ethereum price discussion
Post by: Ander on August 21, 2015, 05:02:16 am
I might be done with the ETH trading for a while, I cant decide if it will go up or down.  I bought some bts with the btc and put the rest on lending.  Also, I've got almost 200k BTS loaned out, which means there is a significant short position in BTS right now.  A BTS rise could screw some shorts.
Title: Re: Ethereum price discussion
Post by: fav on August 21, 2015, 05:15:16 am
really appreciate your reports too! wish I had the patience for day trading :D
Title: Re: Ethereum price discussion
Post by: Ander on August 21, 2015, 07:42:18 pm
It seems that the decline has begun again.  Could be reasonable to short any bounces.  Currently I have no position.   Good thing I wasnt long!
Title: Re: Ethereum price discussion
Post by: Ander on August 21, 2015, 08:01:09 pm
Shorted a bit at .00614
Title: Re: Ethereum price discussion
Post by: Ander on August 21, 2015, 08:15:33 pm
Its still bouncing, added a bit more short at .0063
Title: Re: Ethereum price discussion
Post by: Ander on August 21, 2015, 10:42:28 pm
Covered in low .0060x range, made about .1 btc.  I probably shouldve waited more, but that bounce up to .0064 was scary, after that I was happy to get back out of it at a good gain.
Title: Re: Ethereum price discussion
Post by: bubble789 on August 22, 2015, 12:23:12 am
Please dont make this thread your personal day trading journal. Sorry but it is annoying (to me). :)
Title: Re: Ethereum price discussion
Post by: speedy on August 22, 2015, 12:47:26 am
I dont find him annoying, Im kinda envious that I have a full time job instead of day trading like him.
Title: Re: Ethereum price discussion
Post by: Ander on August 22, 2015, 01:12:25 am
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. :P
Sorry.
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on August 22, 2015, 01:59:46 am
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.
Title: Re: Ethereum price discussion
Post by: bubble789 on August 22, 2015, 08:16:21 am
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.
Sorry.
Do rename it in that case. :)
Title: Re: Ethereum price discussion
Post by: mint chocolate chip on August 22, 2015, 09:12:39 am
Please carry on, your daily escapades are most interesting.
Title: Re: Ethereum price discussion
Post by: vegolino on August 22, 2015, 10:53:34 am
Please carry on, your daily escapades are most interesting.
  +5%
Title: Re: Ethereum price discussion
Post by: xeroc on August 22, 2015, 11:01:38 am


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.

+1
Title: Re: Ethereum price discussion
Post by: EstefanTT on August 22, 2015, 11:10:48 am
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.
Sorry.
Do rename it in that case. :)
Rename by what ? The name is apropriate for the conversation.

Title: Re: Ethereum price discussion
Post by: DestBest on August 22, 2015, 11:11:48 am
Please continue to post your escapades. Good learning experience for us less-gifted traders.
+5%
Title: Re: Ethereum price discussion
Post by: Ander on August 22, 2015, 06:10:50 pm
Shorted a bit at .0063.
Title: Re: Ethereum price discussion
Post by: Ander on August 22, 2015, 07:31:53 pm
Covered near .006
Title: Re: Ethereum price discussion
Post by: Ander on August 23, 2015, 09:15:49 pm
Bought a bit of ETH at .00585
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 12:18:42 am
Sold at .006.  Small gain.  wasnt feeling good about it for a while there, an then someone put in an order to buy at .006 so i took it.
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 02:42:53 am
Bought again at .00585
Title: Re: Ethereum price discussion
Post by: btswildpig on August 24, 2015, 11:27:01 am
How much X leverage does Peloniex provide in margin trading ?
Title: Re: Ethereum price discussion
Post by: liondani on August 24, 2015, 12:20:01 pm
How much X leverage does Peloniex provide in margin trading ?

I think  x2.5
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 03:04:31 pm
Sell order triggered overnight at .00597. 

Yes it lets you use 2.5x.  I've been using less than that when I short, I dont like to be more than 1x leveraged ever. 
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 03:23:15 pm
Shorted some at .00588 after a sell wall appeared.

Those walls are unreliable though...we will see.
Title: Re: Ethereum price discussion
Post by: btswildpig on August 24, 2015, 04:42:13 pm
I've been able to earn some nice profit with 20X leverage on Bitcoin futures these days.

2.5 X is not that attractive compare to that .  :P 

How long can you hold a position in Polonix ?
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 05:08:13 pm
I've been able to earn some nice profit with 20X leverage on Bitcoin futures these days.

2.5 X is not that attractive compare to that .  :P 

How long can you hold a position in Polonix ?
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.

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.
Title: Re: Ethereum price discussion
Post by: btswildpig on August 24, 2015, 05:17:27 pm
I've been able to earn some nice profit with 20X leverage on Bitcoin futures these days.

2.5 X is not that attractive compare to that .  :P 

How long can you hold a position in Polonix ?
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.

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.

I have predicted BTS would fall at least to 0.021 CNY when it was 0.032 . I should have shorted at polo .... 
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 05:20:02 pm
Woo, got out of ETH short on spike down to .00582.  Managed to make like .01 btc lol.
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 06:12:35 pm
Bought some at .0589.
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on August 24, 2015, 06:26:10 pm
Bought some at .0589.

That's brave my guess is ETH might be stable or gain vs. BTC but will lose vs. USD/Fiat.
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 07:27:43 pm
Bought some at .0589.

That's brave my guess is ETH might be stable or gain vs. BTC but will lose vs. USD/Fiat.

I'm just trading the range.

Sold .00599.

Only .05 btc profit, but it doesnt take much btc to buy BTS right now!   
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 07:30:50 pm
Shorted .006
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 08:48:05 pm
Covered .00590.  Range is getting so small, hard to make much.  It might be about to burst either up or down soon, dont know which, so I should probably stop the scalping at this point.
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 11:29:45 pm
How many free BTS?

(http://s22.postimg.org/sde18bmip/eth.png)
Title: Re: Ethereum price discussion
Post by: Akado on August 24, 2015, 11:40:49 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on August 24, 2015, 11:46:14 pm
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.

That is the sum of every ether trade I've ever made right there.
(I dont have 85 BTC laying around to make that in one trade, lol!  If I did I'd put at least half of it in BTS).
Title: Re: Ethereum price discussion
Post by: Ander on August 25, 2015, 07:32:50 am
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.
Title: Re: Ethereum price discussion
Post by: bitmeat on August 25, 2015, 11:34:56 am
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. ;)
Title: Re: Ethereum price discussion
Post by: 38PTSWarrior on August 25, 2015, 12:33:39 pm
Nice to read here :-)
Title: Re: Ethereum price discussion
Post by: chryspano on August 25, 2015, 01:25:58 pm
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. ;)

(http://i.imgur.com/aqOxbNY.jpg)
Title: Re: Ethereum price discussion
Post by: Ander on August 25, 2015, 04:10:00 pm
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. ;)

Thats fine. :)
I wasnt long or short during either of the major moves up or down, so I gotta pick up the pennies.  I wasnt sure what direction it would move for some of those moves, and didnt trade it at all during the initial period where it was most volatile.
Title: Re: Ethereum price discussion
Post by: Ander on August 25, 2015, 04:10:51 pm
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.

Covered this morning at .0052, very nice!  Started at .00575.
Title: Re: Ethereum price discussion
Post by: Ander on August 25, 2015, 07:31:23 pm
Reshorted at .00539
Title: Re: Ethereum price discussion
Post by: bitmeat on August 25, 2015, 07:58:51 pm
Just saying, be careful out there.
Title: Re: Ethereum price discussion
Post by: Ander on August 26, 2015, 12:19:13 am
Covered half my short at .00504 to lock in profits, but going to keep some of it because I think we are heading below .005. 
Title: Re: Ethereum price discussion
Post by: Ander on August 26, 2015, 04:05:48 am
Covered and got like 16k more free BTS.
Title: Re: Ethereum price discussion
Post by: bitmeat on August 26, 2015, 06:20:12 am
Ander is a warrior. :) He's fighting an endless battle to capture all the volatility and convert it into BTS. :)
Title: Re: Ethereum price discussion
Post by: Ander on August 26, 2015, 06:40:53 am
Ander is a warrior. :) He's fighting an endless battle to capture all the volatility and convert it into BTS. :)

Yes I am!
Title: Re: Ethereum price discussion
Post by: Ander on August 28, 2015, 05:29:51 pm
I'm short a little ETH again at around .0051.  After a couple days of trying to bounce, it looks like it cant bounce.  The hourly moving averages are near again, and look like they are providing resistance. 
Title: Re: Ethereum price discussion
Post by: luckybit on August 28, 2015, 06:38:15 pm
Why don't you guys just start up a bitETH?

Trade on the Bitshares blockchain.
Title: Re: Ethereum price discussion
Post by: xeroc on August 28, 2015, 06:59:59 pm
Why don't you guys just start up a bitETH?

Trade on the Bitshares blockchain.
I would wait for bts2 so that the issuer can make a profit from its mpa
Title: Re: Ethereum price discussion
Post by: Ander on August 28, 2015, 07:35:14 pm
Why don't you guys just start up a bitETH?

Trade on the Bitshares blockchain.


Well, I want to be able to do that, but...

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.
2) There wouldnt be 5000 bitcoins worth of volume a day.  There would be like .1 BTC, because only a few people would be trading it.
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 04:28:25 pm
Wow, ETH getting wrecked.  Shouldve held my earlier short, but had to cover it a while back at a small loss.  Oh well.
Title: Re: Ethereum price discussion
Post by: puppies on September 11, 2015, 04:54:51 pm
Yeah.  That is a dump
Title: Re: Ethereum price discussion
Post by: JA on September 11, 2015, 05:05:25 pm
Rekt.  :)
gg no re
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on September 11, 2015, 05:12:03 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 05:48:47 pm
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?
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 06:05:24 pm
The ETH dump is causing selling in all coins it seems.
Title: Re: Ethereum price discussion
Post by: jsidhu on September 11, 2015, 07:39:37 pm
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?
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 08:10:48 pm
The one that was discussed on the mumble this morning that was critical of BTS.
Title: Re: Ethereum price discussion
Post by: inarizushi on September 11, 2015, 08:14:57 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 08:40:20 pm
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.

I don't think his account was frozen, I think he hit a margin call level so it liquidated for him.  Yeah, that guy got rekt. 

I dont know where ETH is going now.  Could continue dumping, or it could bounce back into upper 4s.  If it bounces though, there will be a lot of sell pressure in upper 4s, so it will need to come back down and make a double bottom probably.
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 08:42:58 pm
Hmm, it might have run out of steam again near 430.  Its super risky to be in right now, on either side.  But being margin long is riskier I think.  Too much damage was done.
Title: Re: Ethereum price discussion
Post by: Ander on September 11, 2015, 09:34:37 pm
Yeah, someone dumped again.  Might go a lot lower, unless the 380 range holds.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on September 13, 2015, 03:45:21 pm
I still can't believe people put their hard earned money into something like this (http://i.imgur.com/SvvppcX.jpg).
 :P
Title: Re: Ethereum price discussion
Post by: puppies on September 13, 2015, 07:33:02 pm
Etherium is cool, but in my opinion there will be lots of chances to buy in much lower than current levels before it's truly useful.
Title: Re: Ethereum price discussion
Post by: Akado on September 19, 2015, 06:37:53 pm
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
Title: Re: Ethereum price discussion
Post by: Ander on September 20, 2015, 04:27:05 am
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.
Title: Re: Ethereum price discussion
Post by: liondani on September 20, 2015, 12:22:02 pm
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.

goosebumps, to say the least !!!

(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http%3A%2F%2Fi.telegraph.co.uk%2Fmultimedia%2Farchive%2F02443%2Fgoosebumps_2443265b.jpg&sp=195254bbdecddb424c293725d10f1e91)
Title: Re: Ethereum price discussion
Post by: liondani on September 24, 2015, 02:51:11 pm
Anybody has a clue why the price is falling so sharply today?
Is it related to news I am not aware of?

http://coinmarketcap.com/currencies/ethereum/#charts
Title: Re: Ethereum price discussion
Post by: Ander on September 24, 2015, 04:44:55 pm
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.
Title: Re: Ethereum price discussion
Post by: liondani on September 24, 2015, 09:35:15 pm
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.

Before you put orders make a backup of the "chain" folder (.BitShares/chain) and when it resync close the wallet > delete the original "chain" folder and replace it with the backup...
You will see/confirm your orders with a delay of about 5 minutes and the chance to make new orders... you will save many days  :)
Title: Re: Ethereum price discussion
Post by: Akado on September 24, 2015, 09:48:04 pm
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
Title: Re: Ethereum price discussion
Post by: liondani on September 24, 2015, 10:11:06 pm
I think they dumbed now to trigger margin calls to the bulls and push out weak hands, knowing the price will fall significantly lower and buy back with the plan to pump ethereum price just before the augur crowdsale ends (1 October) That way the augur ether investors will have a bigger pie of REPS (augur tokens) since they said that they will count how much $ valuation their donation have at the end of the crowdsale (BTC vs ETH)
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on September 26, 2015, 04:13:48 pm
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

very reasonable position, i agree; however, you never really know what's going to happen. long term i'm very bullish on both BTS and ETH, and my preference is to get in earlier and lose a bit, keep buying on the way down in increasing quantity, and then enjoy the ride back up. that's at least how i've played BTS and am now enjoying the bounce back up, which i think is just the start. ETH likely has an excellent future ahead of it, as well, so when you put things into long term perspective, a market cap < $60M still looks very cheap to me.
Title: Re: Ethereum price discussion
Post by: EstefanTT on September 26, 2015, 10:17:03 pm
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 ;)
Title: Re: Ethereum price discussion
Post by: xeroc on September 27, 2015, 07:10:28 am
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
Title: Re: Ethereum price discussion
Post by: Akado on September 27, 2015, 05:25:23 pm
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

Any ETA on the Ethereum GUI?

I believe I asked this already a few times although I forgot and can't find it lol but what's up with ethereum supply? doesn't it have high inflation? Does the supply cap at any time? Is it only when tx fees > inflation? Sorry I know I asked this in the past but if someone could educate me for good, I would appreciate it.
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 07:10:21 am
Wow I wish I was short ETH during this drop.  At least I'm not in it.
Title: Re: Ethereum price discussion
Post by: Akado on September 28, 2015, 01:07:23 pm
You just had another one lol hope it continues going down like expected. More and more confident it can.reach 20M
Title: Re: Ethereum price discussion
Post by: sittingduck on September 28, 2015, 01:32:04 pm
What do eth people blame the fall on.   


Sent from my iPhone using Tapatalk
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on September 28, 2015, 03:30:20 pm
What do eth people blame the fall on.   

Natural movement in a highly speculative market whose value is derived from a hyper-alpha product...

At least that's what I blame it on.  :P
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 03:47:59 pm
What do eth people blame the fall on.   


What did we blame it on when we fell from the peak?
Title: Re: Ethereum price discussion
Post by: lil_jay890 on September 28, 2015, 03:56:46 pm
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
Title: Re: Ethereum price discussion
Post by: bytemaster on September 28, 2015, 04:14:18 pm
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. 
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 04:26:41 pm
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.

Yes.

Doesnt it feel good to know we already went through it and have better things ahead? :)
Title: Re: Ethereum price discussion
Post by: merockstar on September 28, 2015, 04:49:44 pm
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.

It's not your fault AT ALL. Should 'toshi have felt judged when bitcoin fell from *insert any bitcoin high* to *insert any bitcoin low*

You're doing a fantastic job with this project. The merger was almost a year ago and the inflation it caused wasn't enough to justify this big of a drop.

I for one have been extremely thankful the price has been this low this long. If price only reflected the quality of the project then Bitcoin would have been surpassed by now, and Dogecoin would have have a market cap of 500,000.
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 04:57:17 pm
When the price gets back to 2-3 cents I'm going to be super grateful that it went down this low.  I have around 10-20x as many BTS as I wouldve had if it just went higher right away.

For now its still a bit painful though.  The blame for the dorp is spread around many factors, but there is no way it couldve been avoided unless the initial release product had been amazing and caught on to a huge extent right away, which is incredibly unrealistic.
Title: Re: Ethereum price discussion
Post by: jsidhu on September 28, 2015, 06:39:51 pm
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.
Title: Re: Ethereum price discussion
Post by: lil_jay890 on September 28, 2015, 06:45:18 pm
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.
Title: Re: Ethereum price discussion
Post by: jsidhu on September 28, 2015, 07:00:35 pm
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.
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.

It may cause short squeezes, although it also can cause big crashes if big whales get in.
Title: Re: Ethereum price discussion
Post by: bytemaster on September 28, 2015, 07:53:18 pm
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.

Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on September 28, 2015, 07:58:35 pm
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.

very good point re: banning short selling. completely agree.
Title: Re: Ethereum price discussion
Post by: puppies on September 28, 2015, 08:06:27 pm
At polo interest rates are set by the market rather than a central bank.  I have a hard time defending market functions when one half of every trade has nothing whatsoever with any market.
Title: Re: Ethereum price discussion
Post by: Chronos on September 28, 2015, 09:03:54 pm
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%
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 09:24:24 pm
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.
Title: Re: Ethereum price discussion
Post by: cass on September 28, 2015, 09:27:12 pm
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%

 +5%
Title: Re: Ethereum price discussion
Post by: bytemaster on September 28, 2015, 09:38:36 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 09:42:28 pm
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.

Yep. 

The fact that we are now so farm along in the process and will soon have a chane to start generating profits form the blockchain to help cover things is very reassuring. 

We have done it right with DPoS and are far ahead of the competition, thanks to your (Bytemaster) and others vision ahead of time.

The last year hurt but its behind us now.
Title: Re: Ethereum price discussion
Post by: Akado on September 28, 2015, 10:03:21 pm
what's happening right now lol broke ATL just like that and it keeps going
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 10:04:34 pm
Lol.  On a whim I shorted 1300 ETH at 241, put in an order to buy it back at 231, and two minutes later it had already been hit.
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 10:09:27 pm
Crashes are so much more fun to watch when you dont have any o the thing thats crashing. :)
Title: Re: Ethereum price discussion
Post by: Akado on September 28, 2015, 10:12:29 pm
Coinbase throws some wood to the fire http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/
Title: Re: Ethereum price discussion
Post by: Ander on September 28, 2015, 10:43:48 pm
Coindesk hypes their release at $3 and then dumps on them now that its 50 cents.  Such manipulation.
Title: Re: Ethereum price discussion
Post by: Ander on September 30, 2015, 07:15:34 pm
ETH bottomed and gave us two impulsive waves up now, so it should be o na medium term rally now.  It will move up with BTS. 

It would be fun if we crossed above ETH at some value above 50M!
Title: Re: Ethereum price discussion
Post by: bitmeat on October 01, 2015, 02:32:16 am
Poor Augur investors...
Title: Re: Ethereum price discussion
Post by: liondani on October 01, 2015, 12:15:15 pm
Poor Augur investors...

They that paid  with ether I suppose you mean ....
Title: Re: Ethereum price discussion
Post by: bitmeat on October 02, 2015, 04:38:09 am
Poor Augur investors...

They that paid  with ether I suppose you mean ....

Yes those that paid 0.007 for ETH and put it in Augur.
Title: Re: Ethereum price discussion
Post by: Louis on October 02, 2015, 09:20:34 pm
Hello Ethereum pros,

how can I buy BTS using my pre-sale ether account. Any instructions or links will be greatly appreciated.

Thanks,
Title: Re: Ethereum price discussion
Post by: speedy on October 02, 2015, 09:37:37 pm
Hello Ethereum pros,

how can I buy BTS using my pre-sale ether account. Any instructions or links will be greatly appreciated.

Thanks,

I dont know anything about Ether accounts, but I guess you sell your Ether at an exchange for BTC, and buy BTS? poloniex.com has liquid BTC->ETH/BTS markets.
Title: Re: Ethereum price discussion
Post by: Akado on October 02, 2015, 09:51:58 pm
Hello Ethereum pros,

how can I buy BTS using my pre-sale ether account. Any instructions or links will be greatly appreciated.

Thanks,

I guess you would need to convert to BTC first. You can also use

https://metaexchange.info/markets/ETH/BTC
Title: Re: Ethereum price discussion
Post by: Louis on October 02, 2015, 11:12:02 pm
thanks for answering, 

what I need to know is how to get my ether to Poloniex or Metaexchange
Title: Re: Ethereum price discussion
Post by: liondani on October 03, 2015, 02:30:01 am
thanks for answering, 

what I need to know is how to get my ether to Poloniex or Metaexchange

if you don't want to install geth (frontier) and use commands to transfer your ethers
the easiest way is to transfer your ethers to kraken exhange  using this
web-tool  https://www.kraken.com/ether and then selling there your ethers for BTC and moving them to any other exchange you want.... (yep poloniex is brilliant) and buy your bts there and  then transfer them to your bts wallet so you don't miss the snapshot and the sharedrop 1:1 to bts2.0 (graphene) tokens  ;)


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....
Title: Re: Ethereum price discussion
Post by: Louis on October 03, 2015, 07:12:33 am
Thanks Liondani,

That's great help, indeed. Just what I was looking for.
Title: Re: Ethereum price discussion
Post by: Louis on October 03, 2015, 02:36:44 pm
Quote
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....

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.
Title: Re: Ethereum price discussion
Post by: Akado on October 03, 2015, 03:03:33 pm
Quote
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....

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.
Title: Re: Ethereum price discussion
Post by: Louis on October 03, 2015, 05:04:52 pm
Quote
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....

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.

Thank you, I just opened up a ticket with Poloniex.
Title: Re: Ethereum price discussion
Post by: liondani on October 03, 2015, 05:16:05 pm
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  ;)
Title: Re: Ethereum price discussion
Post by: Louis on October 03, 2015, 07:25:04 pm
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  ;)

Ok I think I know what my problem is, apparently I am sending wei and not ether. The minimum ether to send to Poloniex is 0.05. That is why is not showing up on my Poloniex account.

The command I used to send one wei is:   
Code: [Select]
eth.sendTransaction({from: 'MyEtherAccount', to: 'MyPoloniexAccount', value: 1})

If I go to the blockchain I do see all the transactions in wei (7 wei total, 1 ether is like 1,000,000,000,000,000,000 wei)   ::)

My question now is how do I send ether instead of wei?

Thanks
Title: Re: Ethereum price discussion
Post by: Louis on October 03, 2015, 07:31:36 pm
I think I got it, I just found this:

eth.sendTransaction({from: '0x036a03fc47084741f83938296a1c8ef67f6e34fa', to: '0xa8ade7feab1ece71446bed25fa0cf6745c19c3d5', value: web3.toWei(1, "ether")})

This should work, I will try it now. I will report back once I try it and get the funds in my account.

I hope this will help someone.
Title: Re: Ethereum price discussion
Post by: Louis on October 03, 2015, 09:10:15 pm
I got it to send Ether instead of Wei. Thanks Liondani, for your help.
Title: Re: Ethereum price discussion
Post by: Blazin8888 on October 04, 2015, 06:31:36 pm
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.
Title: Re: Ethereum price discussion
Post by: Akado on October 04, 2015, 06:49:35 pm
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?
Title: Re: Ethereum price discussion
Post by: Blazin8888 on October 04, 2015, 07:32:59 pm
Be ready for october 16th. Thats all I will say regarding ETH.
Title: Re: Ethereum price discussion
Post by: godzirra on October 04, 2015, 07:56:59 pm
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?

Don't ask questions, just take his word for it.
Title: Re: Ethereum price discussion
Post by: lil_jay890 on October 04, 2015, 08:24:43 pm
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?
Title: Re: Ethereum price discussion
Post by: inarizushi on October 04, 2015, 10:03:28 pm
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?

Why do you still believe Blazin has a particular insight into anything ? He never answered any "why" questions nor gave any justifications. He is just an obviously clairvoyant oracle.
Title: Re: Ethereum price discussion
Post by: Ander on October 07, 2015, 08:21:23 pm
ETH cant seem to hold onto any rally, looks like it will keep dropping. 
Title: Re: Ethereum price discussion
Post by: habeler on October 07, 2015, 08:49:53 pm
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?
Title: Re: Ethereum price discussion
Post by: Ander on October 07, 2015, 09:04:32 pm
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. 
Title: Re: Ethereum price discussion
Post by: habeler on October 07, 2015, 09:06:20 pm
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.

Link?

Its not just a simple clone. A good team, roadmap, some hype, sharedrop. If done correctly it should work with ETH struggling with inflation.
Title: Re: Ethereum price discussion
Post by: Ander on October 07, 2015, 09:31:13 pm
Ah nice, ETH drops right on schedule.

It became so much easier to make correct trades on ETH once I realized to never go long, and just short bounces and cover when it crashes.
Title: Re: Ethereum price discussion
Post by: lil_jay890 on October 14, 2015, 02:34:08 pm
Ethereum getting rekked right now... almost below 40mil
Title: Re: Ethereum price discussion
Post by: Akado on October 14, 2015, 06:46:02 pm
Ethereum getting rekked right now... almost below 40mil

how to get ethereum rekt http://bravenewcoin.com/news/rootstock-is-coming-are-ethereums-days-numbered-or-will-the-18-million-dollar-idea-survive/

Do an "ethereum" that runs on bitcoin.
Title: Re: Ethereum price discussion
Post by: Ander on October 14, 2015, 06:57:21 pm
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"
Title: Re: Ethereum price discussion
Post by: Akado on October 16, 2015, 07:42:51 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on October 16, 2015, 09:13:13 pm
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.

Well, he made it back plus more when it went back from 2400 to 1600.
Title: Re: Ethereum price discussion
Post by: werneo on October 27, 2015, 04:31:34 am
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
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on October 29, 2015, 03:06:57 pm
Holy shit.

I can only assume that a mega-drop is imminent...but holy shit.
Title: Re: Ethereum price discussion
Post by: DMo09 on October 29, 2015, 03:23:58 pm
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

This might have something to do with it.  Good news, big attention, and speculation:
http://blogs.wsj.com/moneybeat/2015/10/28/bitbeat-microsoft-to-offer-ethereum-based-services-on-azure/
Title: Re: Ethereum price discussion
Post by: topcandle on October 29, 2015, 03:29:41 pm
bitshares is going to get dumped on so hard now.  BM not worried about ethereum now?
Title: Re: Ethereum price discussion
Post by: liondani on October 29, 2015, 03:43:51 pm
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

https://blog.ethereum.org/2015/10/28/microsoft-to-sponsor-ethereums-devcon1-2/
http://www.ether.camp/press/1.html
http://blogs.wsj.com/moneybeat/2015/10/28/bitbeat-microsoft-to-offer-ethereum-based-services-on-azure/
Title: Re: Ethereum price discussion
Post by: xiahui135 on October 29, 2015, 03:48:13 pm
Apparently, etheruem seems find a real usecase.
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on October 29, 2015, 03:49:59 pm
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.
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on October 29, 2015, 03:57:19 pm
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)
Title: Re: Ethereum price discussion
Post by: liondani on October 29, 2015, 04:59:32 pm
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)

Microsoft will be a well known company after their cooperation with Ethereum... I expect their price to go to the moon!
I hope some ponzi related accusation are not true because that would hurt Ethereum big time!

(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=http%3A%2F%2Fwww1.pretty52.com%2Fimages%2Fcontent%2F54dd422cd6244.jpg&sp=56008699fa732d5f89ae6cfaca15fece)
Title: Re: Ethereum price discussion
Post by: chryspano on October 29, 2015, 05:16:20 pm
Microsoft seems to be the same company that also mentioned bitcoin some months ago, but bitcoin's price didn't move at all, actually it dropped a bit! I suppose it wasn't a good time for a btc pump back then.

Now it seems that its the right time and the pumpers found the perfect excuse for ethereum! lets see how high it can go before it crashes...
Title: Re: Ethereum price discussion
Post by: jbutta2k13 on October 29, 2015, 05:37:23 pm
3m in 24 hours early is called a volume spike..and trader know what that means..
Title: Re: Ethereum price discussion
Post by: Akado on October 29, 2015, 09:20:58 pm
Still expecting Ethereum to bleed throughout this next year so not really worried about this pump.
Title: Re: Ethereum price discussion
Post by: CLains on October 29, 2015, 11:03:42 pm
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.
Title: Re: Ethereum price discussion
Post by: Akado on October 29, 2015, 11:14:13 pm
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.

Of course I might be wrong but I don't see why that would happen soon with the actual state of ethereum and the cryptoscene in general. But I'm not a trader so what do I know.
Title: Re: Ethereum price discussion
Post by: bitmeat on October 30, 2015, 05:18:53 am
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.
Title: Re: Ethereum price discussion
Post by: xeroc on October 30, 2015, 07:48:58 am
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".
The speakers statements made very clear that IBM was no intension of using the Ether chain but are interested in a customized solution. Why would Ether than have any value from IBMs partnership besides speculation? I'd rather hear an official statement from Microsoft to be sure they actually use Ether and not just the code of Ethereum before I buy a single token. Anyway, as long as they are POW I see no chance of convincing me to buy a single ETH .. </opninion> (not an investment advice)
Title: Re: Ethereum price discussion
Post by: Marketorder on October 30, 2015, 09:54:44 am
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?
Title: Re: Ethereum price discussion
Post by: xeroc on October 30, 2015, 10:06:41 am
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 ..

Bytemaster usually announces everything as it comes in (some projects may be dealt with in the background for legal and or NDA reasons)
Title: Re: Ethereum price discussion
Post by: xiahui135 on October 30, 2015, 01:09:30 pm
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.
Title: Re: Ethereum price discussion
Post by: CLains on October 30, 2015, 06:44:28 pm
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.

BitShares 2.0 still has many tricks up its sleeve that will be rolled out in the GUI in the coming weeks. In addition to this there are other wallets coming out, promotions, worker proposals.. there are also several exchanges and projects that work with BitShares that have not had time to integrate with and launch their services after the 2.0 upgrade.
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on October 31, 2015, 03:05:35 pm
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.

i agree, any and all mainstream adoption, or even just support, goes a long way to signaling that crypto projects are not just for us fringe basket cases, but will one day soon be ubiquitous technologies. MSFT support of ETH is a huge deal, and i just can't wait for similar support of finance companies for Bitshares.
Title: Re: Ethereum price discussion
Post by: lil_jay890 on February 09, 2016, 02:28:45 pm
Wow...

Question is, how long until it overtakes bitcoin?
Title: Re: Ethereum price discussion
Post by: xeroc on February 09, 2016, 02:54:25 pm
Wow...

Question is, how long until it overtakes bitcoin?
question is, what can homestead deliver that justifies that price ..
Title: Re: Ethereum price discussion
Post by: noisy on February 09, 2016, 03:07:43 pm
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)

[member=120]xeroc[/member] don't count for that. People are too lazy to read about theory. Only thing they care is execution of the idea, quality and usefulness of end product.
Title: Re: Ethereum price discussion
Post by: xeroc on February 09, 2016, 03:10:59 pm
... 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?
Title: Re: Ethereum price discussion
Post by: btswildpig on February 09, 2016, 03:28:35 pm
... 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 .
Title: Re: Ethereum price discussion
Post by: TravelsAsia on February 09, 2016, 03:46:18 pm
... 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 .

I bought into Ethereum around a $1.70. I'm speculating that Augur, Plutus (Bitcoin and Ethereum contactless payments) or Slock.it will bring attention to Ethereum platform.   It's the same gamble I took with BitShares with Play, Vote and Peertracks.  I wish success for both platforms.

IMHO, to outsiders, it looks like we're in constant flux, constantly changing the rules and our identity of what we are as a platform. This is just feedback from a small sample size of people I know in the space.  If someone created an FBA for a super simple interface for the existing prediction market code, I think we'd see a renewed interest.  We need the killer app!

Title: Re: Ethereum price discussion
Post by: merockstar on February 10, 2016, 12:46:58 am
welp, just shorted some eth. I don't normally like to gamble but this... this is just too obvious...

 lets see how this goes.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 12:55:38 am
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.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:20:10 am
This isnt the top, its the breakout.  Its the moment when ETH shows the world it is replacing btc.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:21:02 am
Or maybe its the top and I look dump.

But for god sake do not lose all your collateral shorting this monster.
Title: Re: Ethereum price discussion
Post by: merockstar on February 10, 2016, 01:22:28 am
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?
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:25:55 am
Don't be like cagara, who just told polo chat he is at -512 btc in his ETH short. :P
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:27:28 am
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.
Title: Re: Ethereum price discussion
Post by: merockstar on February 10, 2016, 01:29:04 am
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.

I do have some Eth. if it goes up to a hundred and bitcoin doesn't go up as much then that works out pretty good for me. in spite of getting margin called.

but it'll probably go to like 5 or 6 or just enough to fuck me then fall.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:32:22 am
If you have no eth you better start hitting this every hour.  .01 ETH each time, thats like 4 cents per faucet hit!

http://free-ethereum.com/signupin/50760
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:33:54 am
Actually nevermind, they reduced their eth payout today. lol.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:38:41 am
I do think there is a good chance itll correct to low .01 range right now though.  But beyond really short term moves, shorting is very risky.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 01:41:23 am
merockstar if you shorted above .011 youre good, just make sure you cover on this dip!
Title: Re: Ethereum price discussion
Post by: merockstar on February 10, 2016, 01:46:26 am
merockstar if you shorted above .011 youre good, just make sure you cover on this dip!

what is your reasoning?

how do I know you dont wanna just dump on me?

stupid thought, maybe i should consider covering
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on February 10, 2016, 01:47:50 am
mfw 100% BTS.

lol

But yea I too think it's gonna dump hard sooner than later. Not gonna risk shorting it though.
Title: Re: Ethereum price discussion
Post by: morpheus on February 10, 2016, 01:54:44 am
Or maybe its the top and I look dump.

But for god sake do not lose all your collateral shorting this monster.

I agree shorting would be a bad idea right now.  Dont jump in front of a freight train.  Of course it may be a bad idea to chase higher at this point too.  I actually sold about 10% just to lock in some profits and as more or less a hedge in case this rally Peters out, but holding the bulk for higher prices.  The 15 dma looks like a good indicator on this one.  It could go much higher.  .02, .04, .07 who knows.
Title: Re: Ethereum price discussion
Post by: merockstar on February 10, 2016, 02:01:32 am
I just dont see it. other cryptos aren't going up. its a bubble waiting to burst.
Title: Re: Ethereum price discussion
Post by: Akado on February 10, 2016, 02:21:40 am
People want a new bitcoin, a new bubble, forcefully. Cagara might be a huge whale but you can't fight the market I guess. Once thing we can be it's less 500btc he will have to short bts when it goes up.
Title: Re: Ethereum price discussion
Post by: lil_jay890 on February 10, 2016, 02:42:56 am
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.
Title: Re: Ethereum price discussion
Post by: Riverhead on February 10, 2016, 03:01:04 am
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
Title: Re: Ethereum price discussion
Post by: btswildpig on February 10, 2016, 03:06:51 am
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

that's petty cash for them . if they do a little side business on speculation with their born advantage (seeing all the trade data) , they could make far more than that .
Title: Re: Ethereum price discussion
Post by: Brekyrself on February 10, 2016, 03:12:51 am
On a positive note this shows there is still a large $$ support in crypto.  It's about time something has broken out above LTC and Ripple, this is good news for all 2.0 tech.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 04:39:06 am
Shorting might make you money, or might not, but if you do it you had better put a stop in at a new high and eat your loss, and not just follow it up forever and ever.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 07:48:19 am
And another new high.  Wow.

Thats why you dont short. :P
Title: Re: Ethereum price discussion
Post by: mf-tzo on February 10, 2016, 09:48:51 am
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..
Title: Re: Ethereum price discussion
Post by: fav on February 10, 2016, 10:13:26 am
compared to 3 years of bitshares, the 1month of me buying eth @0.025 made up some of my bad investments :)

still not selling though, I wonder where this is going to end
Title: Re: Ethereum price discussion
Post by: tonyk on February 10, 2016, 10:21:12 am
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.
Title: Re: Ethereum price discussion
Post by: mf-tzo on February 10, 2016, 10:26:00 am
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.. :)
Title: Re: Ethereum price discussion
Post by: tonyk on February 10, 2016, 10:39:52 am
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.. :)

I know... you have  believed in BTS for 2+ years after all.

Also in this particular case it is almost impossible... I mean I can post the chart of eth for the last day (as you claim) or 2 or 3 days or a week or a month....an no where you can have made any significant amounts shorting it. Short of using 10X leverage and getting extremely lucky in a 2-6h window.
Title: Re: Ethereum price discussion
Post by: mf-tzo on February 10, 2016, 12:06:51 pm
[member=11011]tonyk[/member] I never claimed I made any significant profits from shorting eth and yes I was extremely lucky since I closed my position when someone dumped 100btc yesterday...

What is most of concern now and I don't want to spread any FUD is that there are a lot of btcs trading at Polo so please consider withdraw your bts holdings from there if you don't intend to sell them..Don't get surprised if Polo gets hacked, although I am pretty sure the admins are doing a great job security wise, nonetheless I wouldn't like to see that Polo gets hacked and a lot of bts were stolen..
Title: Re: Ethereum price discussion
Post by: speedy on February 10, 2016, 12:47:45 pm
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.
Title: Re: Ethereum price discussion
Post by: btswildpig on February 10, 2016, 12:50:32 pm
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
Title: Re: Ethereum price discussion
Post by: speedy on February 10, 2016, 01:04:38 pm
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.
Title: Re: Ethereum price discussion
Post by: merockstar on February 10, 2016, 01:18:12 pm
And another new high.  Wow.

Thats why you dont short. :P

you were right and I was wrong.
Title: Re: Ethereum price discussion
Post by: Methodise on February 10, 2016, 02:46:06 pm
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.

mmm.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 05:46:40 pm
And another new high.  Wow.

Thats why you dont short. :P

you were right and I was wrong.

Well, if you managed to cover on the drop to .01002 then you couldve still made it work out, hopefully.

Shorting right now is just gambling.  You are hoping to get lucky in hitting a top.  Yes you can make moeny if you get it right, but you can also lose a lot. 

I find that when ETH breaks out to a new high, you shouldnt short it, you need to wait until it creates a trading range again.  Then when its near the top f that range you can short it, and cover if it breaks to a new high, or if it drops to the bottom of the range you cover for profit.   


But really, longing ETH on dips has been way more profitable recently. ;)  You just gotta make sure to sell if it ever breaks the uptrend.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 07:50:14 pm
Looks like the first real pullback since it broke above .007.
I really have no idea where its going.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 08:56:29 pm
Just when you think its finally starting to drop, someone starts buying it back up again.
Title: Re: Ethereum price discussion
Post by: Ander on February 10, 2016, 10:41:54 pm
The daily candle looks like a top to me, at least for a bit.  But I'm too scared to do anything.
Title: Re: Ethereum price discussion
Post by: BunkerChainLabs-DataSecurityNode on February 11, 2016, 01:49:10 pm
The daily candle looks like a top to me, at least for a bit.  But I'm too scared to do anything.

This is hilarious Ander... why did you ever leave Bitshares!?! :)

You are saying all the same things you used to say about Bitshares in trading. So why not get back to trading on BTS? :)

Clearly you enjoy posting in this community.. might as well be a part of it again. :)
Title: Re: Ethereum price discussion
Post by: Ander on February 11, 2016, 05:26:26 pm

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. ;)


Title: Re: Ethereum price discussion
Post by: morpheus on February 11, 2016, 06:03:34 pm
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)
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on February 11, 2016, 07:15:30 pm

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. ;)

Thanks to Chinese network effect, BTSX was starting a similar trajectory pre golden goose killer but I don't think China is that big on ETH yet so maybe more new money to come.  Unfortunately I don't have as big a position in ETH as I had in BTSX back in the day but still very nice.

Edit: If they cross a billion in the current market, I think they will get a lot more mainstream press as well.
Title: Re: Ethereum price discussion
Post by: luckybit on February 11, 2016, 09:39:56 pm
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. Bitcoin is 5 billion and it isn't general purpose, it doesn't have the capability of governance, it's not as extensible.


https://www.ibtimes.co.uk/r3-connects-11-banks-distributed-ledger-using-ethereum-microsoft-azure-1539044
Title: Re: Ethereum price discussion
Post by: Ander on February 11, 2016, 09:41:43 pm
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


Yeah, its probably going over a billion.  I wish I had more too.  At least I have some.
Title: Re: Ethereum price discussion
Post by: Ander on February 11, 2016, 10:37:32 pm
Half a billion dollars.  42% in a day, wow.
Title: Re: Ethereum price discussion
Post by: Ander on February 11, 2016, 10:44:07 pm
Now an ETH clone, EXP is up 1100% today.  I'm sad because I bought a little of it at 3000 sats a while back, happily sold it for 15k, and now its 10x that.
Title: Re: Ethereum price discussion
Post by: mf-tzo on February 11, 2016, 10:50:44 pm
[member=258]luckybit[/member] 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
Title: Re: Ethereum price discussion
Post by: Ander on February 11, 2016, 10:53:30 pm
Absolute insanity in EXP right now. 

To think, the scraps of it I bought at 3000, if i had held, I could trade for like 2 million BTS right now.
Title: Re: Ethereum price discussion
Post by: mf-tzo on February 11, 2016, 10:55:46 pm
[member=22103]Ander[/member] you can try qora for a change..I think it will give you the opportunity for 100% profit soon unless it is completely broken.
Title: Re: Ethereum price discussion
Post by: Ander on February 11, 2016, 10:59:55 pm
[member=22103]Ander[/member] 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 got about a 50% profit off Qora and still hold some that I will never sell.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on February 11, 2016, 11:37:12 pm
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)

so rise. much pump. very wolong.

I think I can retire soonTM.
Title: Re: Ethereum price discussion
Post by: lil_jay890 on February 11, 2016, 11:59:40 pm
Remember when I said crypto traders are idiots... Ethereum is a prime example.  People who are buying it now are just buying it because it's going up, they have know idea what it's even about.  Crypto traders talk about being part of a "financial revolution" and replacing fiat money, but 99% only care about being on the next pump and cashing back out to fiat.

This move is sucking in so many chasers it's going to be extra painful to watch when the bubble bursts.  Hopefully the money will stay in crypto and move to some more promising projects.  I have a feeling when it does burst... a lot of the new money will just leave the entire ecosystem.
Title: Re: Ethereum price discussion
Post by: TravelsAsia on February 12, 2016, 12:01:44 am
[member=258]luckybit[/member] 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

Baggage and feature confusion. We're like the uber nerd that nobody understands and we fail to communicate it at their level.
Title: Re: Ethereum price discussion
Post by: Akado on February 12, 2016, 12:30:33 am
I wonder if Polo got hacked now, it would be hilarious ahah
Title: Re: Ethereum price discussion
Post by: twitter on February 12, 2016, 12:40:18 am
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
you may cry if it get hacked ...LOL
Title: Re: Ethereum price discussion
Post by: Ander on February 12, 2016, 01:35:17 am
I wonder if Polo got hacked now, it would be hilarious ahah

Would kill all alts forever :P
Title: Re: Ethereum price discussion
Post by: Ander on February 12, 2016, 01:36:22 am
BTS finally up a bit, thats good.  XMR as well, which I also like.
Title: Re: Ethereum price discussion
Post by: Ander on February 12, 2016, 02:41:58 am
I still cant believe that EXP got 5000 btc in volume.  WTF.
Title: Re: Ethereum price discussion
Post by: TravelsAsia on February 12, 2016, 04:48:04 am
"[–]vbuterinEthereum -- Vitalik Buterin 37 points 4 hours ago

The foundation currently has ~1.65 million ETH, plus ~$750k in non-ETH assets. 1650000 * 6.1 + 750000 = $10,815,000. Based on our current ~$200k/month burn rate, that will last us ~54 months ~= 4.5 years. That said, we are planning some substantial expansions which will increase our expenses but also get casper and other fun stuff out the door much faster, and we are also starting to get interest for corporate sponsorships coming in, which could secure us a more sustainable funding path in the long term."

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/

Talk about a stress reliever.
Title: Re: Ethereum price discussion
Post by: cube on February 12, 2016, 04:50:14 am
I still cant believe that EXP got 5000 btc in volume.  WTF.

Pardon me. What is EXP? And why is it up massively?
Title: Re: Ethereum price discussion
Post by: TravelsAsia on February 12, 2016, 04:51:41 am
I still cant believe that EXP got 5000 btc in volume.  WTF.

Pardon me. What is EXP? And why is it up massively?

https://bitcointalk.org/index.php?topic=1173722.0
Title: Re: Ethereum price discussion
Post by: TravelsAsia on February 12, 2016, 05:16:28 am
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"

 +5%

This is almost as insane as Litecoin retaining any value.
Title: Re: Ethereum price discussion
Post by: luckybit on February 12, 2016, 05:20:55 am
[member=258]luckybit[/member] 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

Ethereum can do smart contracts and most importantly it can do computation markets. You can't do computation markets on Bitshares right now. The biggest advantage of Ethereum is it's developer friendly,

http://docs.ethereum-computation-market.com/en/latest/
Title: Re: Ethereum price discussion
Post by: mf-tzo on February 12, 2016, 10:29:59 am
thank you very much  [member=258]luckybit[/member] . I still don't get it since this is for developers and all these sound Chinese to me..
I will stick to what I know and believe and understand better that is bitshares..
Title: Re: Ethereum price discussion
Post by: btswildpig on February 12, 2016, 10:45:47 am
[member=258]luckybit[/member] 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 .

Title: Re: Ethereum price discussion
Post by: ncinic on February 12, 2016, 10:57:47 am
[member=258]luckybit[/member] 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.
Title: Re: Ethereum price discussion
Post by: xeroc on February 12, 2016, 11:14:54 am
[member=258]luckybit[/member] 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.
.. with the blink of an eye! :P
Title: Re: Ethereum price discussion
Post by: BunkerChainLabs-DataSecurityNode on February 12, 2016, 12:40:15 pm
[member=258]luckybit[/member] 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?
Title: Re: Ethereum price discussion
Post by: btswildpig on February 12, 2016, 12:56:09 pm
[member=258]luckybit[/member] 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 .
Title: Re: Ethereum price discussion
Post by: BunkerChainLabs-DataSecurityNode on February 12, 2016, 02:29:56 pm
[member=258]luckybit[/member] 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.
Title: Re: Ethereum price discussion
Post by: Akado on February 15, 2016, 02:35:34 pm
[member=258]luckybit[/member] 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.

I think btswildpig is right. It might be the harsh true but I agree with him. Crypto is still too young. No way there are enough users to support one. Most are speculators, those are the ones with the money that make the charts move and hence, create the appearance of an active market.

Those, like he said don't care about the user experience because they don't care about the project, they only care about the potential for it to grow in value, any coin they get their money in is just a stepping stone to achieve bigger profits.
Title: Re: Ethereum price discussion
Post by: Pheonike on February 15, 2016, 05:08:34 pm
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.
Title: Re: Ethereum price discussion
Post by: btswildpig on February 16, 2016, 05:29:28 am
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 .
Title: Re: Ethereum price discussion
Post by: xeroc on February 16, 2016, 08:37:36 am
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 .
IMHO, that is true from the speculative point of view only ..
There are more reasons to get into any of these projects than purse speculation
Title: Re: Ethereum price discussion
Post by: Pheonike on February 16, 2016, 08:41:04 am
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 .

Doge market cap went back up because they started merge mining with LTC.
Title: Re: Ethereum price discussion
Post by: chryspano on February 16, 2016, 10:17:16 am
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)

Title: Re: Ethereum price discussion
Post by: btswildpig on February 16, 2016, 10:22:25 am
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 .
Title: Re: Ethereum price discussion
Post by: chryspano on February 16, 2016, 11:46:07 am
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 might be wrong but I don't think that this is entirely true, for example if facebook decides to implement/host  bts wallets for their users we could have a huge inflow of capital, (I know my example its too far fetched  but removing development and the refferal program from the equation can drop the possibility of this to happen from X% to 0%)

I can't remember the exact numbers but the merger inflation is somewhat 12% and ends in 8 months, don't you think that the end of the merger era(12% dillution) will be more than enought for the price to recover? Do we really need that bad the 6% from development too? By messing with the 6% development imo we make more harm than good.

On topic, Ethereum has huge inflation right now,  but how would their price react if they(Ethereum) announced that they found a way to spent ALL this inflation to pay tens of EXTRA programers to improve ethereum? How would Bitcoin price react if they found a way to use their POW inflation (3600 Btc) to pay EXTRA programers too? Same question for LTC DOGE too.

Just my thoughts...
Title: Re: Ethereum price discussion
Post by: JoeyD on February 16, 2016, 12:16:28 pm
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.
Title: Re: Ethereum price discussion
Post by: btswildpig on February 16, 2016, 01:57:32 pm
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.

Ethereum 's current price is obviously a pump . However , every crypto's marketcap is the result of a pump . BitShares' current marketcap is the result of 2013  Bitcoin pump that has brought up PTS  , Play and Muse's marketcap was the result of BitShares pump  .

What matters is , whether this is a one time pump . Bitcoin was obviously not , BBQ coin ish , is . And Ethereum , is too short to tell .

But if there is long term capital supporting Ethereum , it can crash to the earth and then climb back up again , just like Bitcoin's history cycle .


As for bitshares , I don't know what kind of long term capital would dare enough to position itself long term .

Bottom line , marketcap is the result of pumps and dumps . That's how a virtual crypto token that with a story but no actual usage went up as high as BitShares now .
Title: Re: Ethereum price discussion
Post by: lil_jay890 on February 16, 2016, 02:21:36 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on February 16, 2016, 06:31:01 pm
Glad its correcting, so it will let us all in again once it looks like a bottom is in place.
Title: Re: Ethereum price discussion
Post by: Akado on February 16, 2016, 09:26:52 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on February 16, 2016, 10:06:13 pm
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.

It should still stabilize at a higher floor than it had before the pump.  So it will have made progress.
Title: Re: Ethereum price discussion
Post by: liondani on February 24, 2016, 10:09:06 pm
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.

They get excited when they  hear:

"Even Microsoft is invested on Ethereum"  :P


PS Can we troll that: "Bill Gates wants to see Daniel Larimer also..." ?
Title: Re: Ethereum price discussion
Post by: Akado on February 27, 2016, 02:24:03 pm
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/
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on February 27, 2016, 02:47:34 pm
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?
Title: Re: Ethereum price discussion
Post by: Akado on February 27, 2016, 03:08:15 pm
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?

Sure. However it is not guaranteed they would even sell. Knowing there are always people watching one could simply send a huge amount of BTS to Polo and let them sit there while other people sell expecting a dump for example. Crypto mind games


And with stealth now if we can manage to do stealth transfers to Polo one could make it to send his bts without people knowing and then withdrawing them to one bts account, rinse and repeat creating the illusion of millions of BTS leaving Polo to their accounts, creating a fake bull scenario.
Title: Re: Ethereum price discussion
Post by: chryspano on February 27, 2016, 04:09:31 pm
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.
Title: Re: Ethereum price discussion
Post by: Akado on February 27, 2016, 04:21:57 pm
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.
Title: Re: Ethereum price discussion
Post by: chryspano on February 27, 2016, 05:07:00 pm
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 can work and probably worked so far(without stealth available)

Now that stealth is available, would you believe that anyone that sends millions of BTS to exchanges without stealth has any intention to sell? Go and transfer hundrends of millions of BTS to poloniex without using stealth, price will not be affected because noone will believe you now, stealth transfer guarantees you more money from the sell, it does not allow every one that spies on polononiex wallet to posible frontrunn you (or whatever it is called) 
Title: Re: Ethereum price discussion
Post by: lil_jay890 on March 01, 2016, 04:40:26 pm
...this is depressing
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on March 01, 2016, 04:58:19 pm
...this is depressing

naw, the more capital in cryptocurrencies, the better off we'll be in time.
Title: Re: Ethereum price discussion
Post by: xeroc on March 01, 2016, 06:20:52 pm
...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 ..

Also, with the rather thin markets .. only little volume is needed to boost the bts price big time ..
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on March 01, 2016, 06:56:57 pm
...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 ..

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.
Title: Re: Ethereum price discussion
Post by: Akado on March 01, 2016, 08:08:02 pm
...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 ..

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.

Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on March 01, 2016, 08:40:24 pm
...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 ..

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.

i agree and didn't mean to imply i'm excited about some future pump to our share price. i'm looking forward to the first few hedge funds, finance companies, and small businesses using our platform; in other words, it becoming big time :)
Title: Re: Ethereum price discussion
Post by: CLains on March 01, 2016, 09:01:13 pm
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.
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on March 02, 2016, 10:17:03 pm
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.    :(
Title: Re: Ethereum price discussion
Post by: cube on March 02, 2016, 10:53:35 pm
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.    :(

Well, it is retreating just after you wrote.  You do have some magical power to tame it down even without buying it.  ;)
Title: Re: Ethereum price discussion
Post by: werneo on March 03, 2016, 12:55:21 am
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-02.png)

Ethereum price is at the top of the long term trendline. Time to take profits.
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on March 03, 2016, 01:01:17 am
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.
Title: Re: Ethereum price discussion
Post by: werneo on March 03, 2016, 01:30:26 am
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.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 03, 2016, 03:24:33 am
(http://i.imgur.com/Z1W5HLV.jpg) (https://www.reddit.com/r/ethtrader/comments/48nylu/the_accumulator_is_kraken_bought_for_liquidity/)
Title: Re: Ethereum price discussion
Post by: btswildpig on March 03, 2016, 03:38:05 am
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.

sell the news is always wise , just like when somebody tells you this is the last paycheck that you can afford to buy BTS   :'( :'(
Title: Re: Ethereum price discussion
Post by: werneo on March 03, 2016, 03:18:14 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-03.png)

ETH hit an inflection point. I expect to see an extended pullback from here. Bitshares could benefit.
Title: Re: Ethereum price discussion
Post by: Akado on March 04, 2016, 04:39:02 pm
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.

If you think a price increase of 20x, getting BitShares to 8 cents is a simple pump... yeah, it's pretty powerful then.

We apparently have some powerful bots keeping the price like this, plus people who are willing to short up to 500BTC to take a profit, do you think a simple pump can go through all of that? It can't. Either there's a bitcoin ath rise and everything irrationally shoots up or BTS is seen like the Litecoin of Ethereum or major events happen. I honestly don't think we can get there easily or that if we did, it would be a "simple" pump
Title: Re: Ethereum price discussion
Post by: Ander on March 04, 2016, 11:56:25 pm
Boy does ETH ever feel like a bubble now, but like all good bubbles it just keeps going up.
Title: Re: Ethereum price discussion
Post by: cube on March 05, 2016, 04:05:11 pm
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.
Title: Re: Ethereum price discussion
Post by: Ander on March 05, 2016, 04:06:28 pm
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.
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on March 05, 2016, 04:07:36 pm
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
Title: Re: Ethereum price discussion
Post by: Methodise on March 05, 2016, 04:15:01 pm
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

This could so easily be a Bitshares hindsight. Of course from 1/3 of the base, the growth would be 3x crazy.

Title: Re: Ethereum price discussion
Post by: btswolf on March 05, 2016, 04:19:29 pm
Guess we should create a ETH MPA soon.
Title: Re: Ethereum price discussion
Post by: BunkerChainLabs-DataSecurityNode on March 05, 2016, 04:21:34 pm
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

Bigger bubbles just make much bigger messes when they pop.

I think you are seeing the result of Bitcoin floundering and everyone is looking to hedge where they think it will be safer... and who else is in the news all the time... that's how I see it. 
Title: Re: Ethereum price discussion
Post by: Erlich Bachman on March 05, 2016, 04:58:24 pm
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.

Bitcoin 1.0 Luddites would be forced to do some DD to learn what Bitcoin technology can really do. 

It appears the smart ones have already started.
Title: Re: Ethereum price discussion
Post by: werneo on March 05, 2016, 11:30:12 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-05ETH.png)

ETH showing signs of topping out now that it briefly passed 0.03 btc. If ETH corrects now, it will take all the other pump coins with it. BTS has not experience anything like the ETH club pump over the past month; SYS, EXP, FTC, MAID, and even DGB all had nice runs, so I expect they will all contract if ETH leads the way down. At that point, disillusioned pump addicts may finally light the fire for BTS. (Not that I am advocating a pump, but it would be nice for BTS to get some recognition.)
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on March 05, 2016, 11:33:26 pm
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)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 06, 2016, 02:15:34 am
If ETH corrects now

(http://i.imgur.com/0njk2tv.jpg)
Title: Re: Ethereum price discussion
Post by: Ander on March 06, 2016, 02:32:54 am
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)

Shorting an ETH MPA = guaranteed losing all your BTS I think. :P
Title: Re: Ethereum price discussion
Post by: cube on March 06, 2016, 08:37:43 am
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...
Title: Re: Ethereum price discussion
Post by: Akado on March 06, 2016, 12:46:11 pm
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
Title: Re: Ethereum price discussion
Post by: DestBest on March 06, 2016, 03:38:09 pm
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 ?
Title: Re: Ethereum price discussion
Post by: Akado on March 06, 2016, 03:55:29 pm
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. If everything is going well for them - look at polo's volume - they won't change the way they operate. It can probably hurt them short term, even though it's best long term for safety reasons.
Title: Re: Ethereum price discussion
Post by: cube on March 06, 2016, 04:00:17 pm
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? 
Title: Re: Ethereum price discussion
Post by: Akado on March 06, 2016, 04:29:49 pm
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.
Title: Re: Ethereum price discussion
Post by: cube on March 06, 2016, 05:21:27 pm
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.

My point is that once a bridge/gateway's btc/altcoin wallets are hacked and they lost all their coins, the bridge/gateway simply can no longer survive and their IOUs become worthless.  I do not see a significant advantage over centralised exchanges.
Title: Re: Ethereum price discussion
Post by: Ander on March 06, 2016, 07:05:47 pm
Maybe it finally topped? I dont know.
Title: Re: Ethereum price discussion
Post by: werneo on March 06, 2016, 11:23:00 pm
Maybe it finally topped? I dont know.

The ETH refugees are spiking BTS right now.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 07, 2016, 02:52:37 am
The ETH refugees are spiking BTS right now.

(http://i.imgur.com/6dO9vaN.gif)
Title: Re: Ethereum price discussion
Post by: Ander on March 07, 2016, 10:05:39 pm
Werneo might be right I think, potential ETH crash to under .02.
Title: Re: Ethereum price discussion
Post by: werneo on March 07, 2016, 10:36:02 pm
Werneo might be right I think, potential ETH crash to under .02.

(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-07ETH.png)

I'm thinking ETH will fall to around 0.015 before the uptrend can resume. If it does drop, the other alts will go down with it, at least for a little while. I'm hoping BTS will rally in the wake of an ETH sell-off.
Title: Re: Ethereum price discussion
Post by: Ander on March 07, 2016, 11:47:28 pm
So far BTS is crap :(
Title: Re: Ethereum price discussion
Post by: Buck Fankers on March 08, 2016, 02:38:33 am

I'm thinking ETH will fall to around 0.015 before the uptrend can resume.

.021
Title: Re: Ethereum price discussion
Post by: cube on March 08, 2016, 03:21:43 am

I'm thinking ETH will fall to around 0.015 before the uptrend can resume.

.021

1/3 off in a couple of days.  Beginning of a bubble burst?
Title: Re: Ethereum price discussion
Post by: Buck Fankers on March 08, 2016, 01:28:55 pm
.021

  ;)
Title: Re: Ethereum price discussion
Post by: liondani on March 09, 2016, 02:14:47 pm
Is poloniex pumping ETH?

https://bitsharestalk.org/index.php/topic,21830.msg284487/topicseen.html#msg284487
Title: Re: Ethereum price discussion
Post by: cylonmaker2053 on March 09, 2016, 10:36:47 pm
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.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 09, 2016, 10:55:49 pm
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?
Title: Re: Ethereum price discussion
Post by: Ander on March 09, 2016, 11:15:30 pm
ETH up, see if it can hit a new high or will double top.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 09, 2016, 11:16:16 pm
.021

Yeah but you're cheating.  :P
Title: Re: Ethereum price discussion
Post by: Buck Fankers on March 09, 2016, 11:35:12 pm
.021

Yeah but you're cheating.  :P

ya with yer mom.

or will double top.

like tucks mom.
Title: Re: Ethereum price discussion
Post by: liondani on March 09, 2016, 11:35:58 pm
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?

 +5%

mist is pretty good
https://github.com/ethereum/mist/releases
Title: Re: Ethereum price discussion
Post by: liondani on March 09, 2016, 11:39:39 pm
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...
Title: Re: Ethereum price discussion
Post by: morpheus on March 10, 2016, 02:55:02 am
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...

Im thinking one more leg up before a final top.  The trend is your friend.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 10, 2016, 03:09:50 am
Here's what happens next ...

(http://i.imgur.com/7bH2a4a.jpg)
Title: Re: Ethereum price discussion
Post by: fuzzy on March 10, 2016, 07:06:30 am
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?

yes.  and so carry the same risks.  but it is possible to be much safer if you want, which is an option noone has with polo.  Only reason i can see them changing to our blockchain be for hype surrounding graphene tech when bitshares explodes to infinity, and Beyond! :)
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on March 12, 2016, 03:07:39 am
My god, she's unstoppable.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 12, 2016, 03:39:39 am
Here's what happens next ...

(http://i.imgur.com/7bH2a4a.jpg)

Yep
Title: Re: Ethereum price discussion
Post by: werneo on March 12, 2016, 04:00:41 am
Bitfinex will start trading ETH on Monday
https://www.bitfinex.com/pages/announcements/?id=93

This will take the wind out of everyone's sales but ETH for a while.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 12, 2016, 04:28:12 am
The ETH BTS refugees are spiking BTS ETH right now.

ftfy ;)

(http://i.imgur.com/EAol6O1.jpg)
Title: Re: Ethereum price discussion
Post by: werneo on March 12, 2016, 04:35:32 am
The ETH BTS refugees are spiking BTS ETH right now.

ftfy ;)

(http://i.imgur.com/EAol6O1.jpg)

It was true enough when I said it. But as you see, the situation has changed,   :o

Good call, though.  :D
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 12, 2016, 04:42:12 am
Good call, though.  :D

I get all my info from BitChimp (http://bitsharesnews.info/post/140036297508/are-you-using-some-program-to-type-up-transcripts), so I can't take credit. ;)
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on March 12, 2016, 04:52:43 am
BTS still looks to be fighting though. Curious to see how this plays out. I imagine there will probably be a significant ETH dump after Monday's release. But what do I know.
Title: Re: Ethereum price discussion
Post by: BunkerChainLabs-DataSecurityNode on March 12, 2016, 05:02:57 am
My god, she's unstoppable.

(http://sd.keepcalm-o-matic.co.uk/i/keep-calm-cause-titanic-is-unsinkable.png)
Title: Re: Ethereum price discussion
Post by: Buck Fankers on March 12, 2016, 05:31:01 pm
Snip

bro do u even eth? ;)

seeing eth go moon should be welcomed and cheered by all cryptos. it's good for everyone. only the fearful, un-hedged or fiat chasing sheep who feel like they are "missing out" on a payday would discourage such a rise from another crypto-platform.

at least that's how i see it. not firing shots, just making an observation. all crypto is rising against a common foe. embrace eth's rise as your own, even if not invested.
Title: Re: Ethereum price discussion
Post by: werneo on March 12, 2016, 05:42:31 pm
ETH on Chinese exchange chbtc.com

https://www.chbtc.com/news/show-1312-proclamation

There are unsubstantiated rumors that OKCoin is next.
Title: Re: Ethereum price discussion
Post by: liondani on March 12, 2016, 05:43:12 pm
The ETH BTS refugees are spiking BTS ETH right now.

ftfy ;)

(http://i.imgur.com/EAol6O1.jpg)

diving to fast is not appropriate either   :P

(https://s14-eu5.ixquick.com/cgi-bin/serveimage?url=http%3A%2F%2Fsp6.fotolog.com%2Fphoto%2F38%2F42%2F18%2Fcars%2F1244780402795_f.jpg&sp=a545830716f0109c0290e852e3264a80)
Title: Re: Ethereum price discussion
Post by: cube on March 12, 2016, 05:56:43 pm
all crypto is rising against a common foe. embrace eth's rise as your own, even if not invested.

Well said. Crypto rise is good for us - the ones who believe in the liberation from the central controlled fiat systems.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 12, 2016, 06:13:49 pm
diving to fast is not appropriate either   :P

(http://i.imgur.com/MP6Ib6T.jpg)

(http://designapplause.com/wp-content/xG58hlz9/2012/10/glasshouse1.png)

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.

Slow down my man. Glass breaks easily. ;)
Title: Re: Ethereum price discussion
Post by: Brekyrself on March 12, 2016, 07:58:30 pm
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/
Title: Re: Ethereum price discussion
Post by: Akado on March 12, 2016, 08:25:35 pm
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/

There's no way of knowing that. Any exchange can play the books. Except ours  :D
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 13, 2016, 01:54:46 am
"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)
Title: Re: Ethereum price discussion
Post by: infovortice2013 on March 13, 2016, 02:14:05 am
yeah when any exchange that make fractional reserve pushing down prices take it its going to be a drama
Title: Re: Ethereum price discussion
Post by: werneo on March 13, 2016, 04:12:42 am
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-12ETH.png)
The price of ETH is at the top of the channel. It's time for a correction.
Title: Re: Ethereum price discussion
Post by: werneo on March 13, 2016, 04:27:09 am
"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.
Title: Re: Ethereum price discussion
Post by: btswildpig on March 13, 2016, 06:25:24 am
"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.

Ethereum now is the same Ethereum when the price was 1/20 .

BM's word proved my point  : Capital will make you believe in a tech . All that matters in the end is capital .

I wonder what BM will say when ETH price drops back again (if) ...
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 13, 2016, 08:29:46 am
It's time for a correction.

You might be right, I think it's about to crash upwards correcting from this lull. ;)
Title: Re: Ethereum price discussion
Post by: werneo on March 13, 2016, 07:26:30 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-13ETH.png)

The top of the channel is currently around 0.036. It is possible we might see a surge to 0.036, but at this point the risk of staying in ETH outweighs reward. Yes, ETH will continue to appreciate in the future,  but for the near term I'm expecting a price correction, possibly as low as ~ 0.0235, before the uptrend resumes. BTW, if it gets down that low,  it will be a spike caused by margin calls, and the price will probably recover very quickly. (On the flip side, if the price substantially breaches 0.036, it will be a case of irrational exuberance and all the above will be invalidated, at least for the short term.)

Possibly tomorrow. IMHO.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 13, 2016, 08:59:19 pm
irrational exuberance

All hail "irrational exuberance" (for the 12th time)! ;)

When .039xxx gets here (and it will), then I think we'll see what you describe above, but perhaps only to .03 - .025.

Disclaimer: https://youtu.be/9Cio1Bfs_0I

Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on March 14, 2016, 12:48:47 am
Has she topped? Hmm...

Love seeing BTS topple down along with it. Beautiful.   ::)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 14, 2016, 12:53:16 am
Has she topped? Hmm...

Yup.

I got out  (http://tuckfheman.com/post/141000644584/ethereum-reaches-1-billion-euro-market-cap)(some) at .035, sooner than expected.

Now we get to see where she stops.
Title: Re: Ethereum price discussion
Post by: werneo on March 14, 2016, 01:17:54 am
(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?


Title: Re: Ethereum price discussion
Post by: fuzzy on March 14, 2016, 03:21:26 am
(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?


greatly. 
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 14, 2016, 03:44:53 am
Looking/feeling like .025 is on the way.

(http://topenglish.sk/anglictina-online/wp-content/uploads/2012/10/sharks2_thumb.jpg)
Title: Re: Ethereum price discussion
Post by: jsidhu on March 14, 2016, 05:55:49 am
Looking/feeling like .025 is on the way.

(http://topenglish.sk/anglictina-online/wp-content/uploads/2012/10/sharks2_thumb.jpg)
then probably going higher
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 14, 2016, 06:02:50 am
then probably going higher

Who knows, but I believe this is a bull trap and we will drop further. 

But, that's what I want to happen, so I'm biased. ;)
Title: Re: Ethereum price discussion
Post by: Ander on March 14, 2016, 07:05:46 pm
ETH tanks hard, causing BTS to tank hard.

ETH goes back up, BTS doesnt.

:(
Title: Re: Ethereum price discussion
Post by: cube on March 15, 2016, 04:17:06 am
ETH tanks hard, causing BTS to tank hard.

ETH goes back up, BTS doesnt.

:(

ETH at 0.028. Is that the beginning of a bubble burst?
Title: Re: Ethereum price discussion
Post by: puppies on March 15, 2016, 06:12:50 am
ETH tanks hard, causing BTS to tank hard.

ETH goes back up, BTS doesnt.

:(

Yeah BTS is the only crypto where its cool to sell the rumor and the news.
Title: Re: Ethereum price discussion
Post by: werneo on March 15, 2016, 02:34:49 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-15ETH.png)

Ides of March sell off?
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 15, 2016, 02:41:28 pm
Welcome to .03 - .025 (for the most part) until Metropolis.

At least that's what I think will happen.
Title: Re: Ethereum price discussion
Post by: Ander on March 15, 2016, 08:58:49 pm
Welcome to .03 - .025 (for the most part) until Metropolis.

At least that's what I think will happen.

The seems very reasonable to me...a multi month consolidation period in the .02 to .035 range or so. 
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 16, 2016, 02:33:42 am
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! ;)
Title: Re: Ethereum price discussion
Post by: karnal on March 16, 2016, 08:31:17 am
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! ;)

Lines. Lines all the way to the botto... wait.
Title: Re: Ethereum price discussion
Post by: werneo on March 17, 2016, 01:53:54 am
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-16ETH.png)
ETH dipping into the lower channel. If it sticks, I would say this confirms the downturn from the ATH on 3/13/16.
Title: Re: Ethereum price discussion
Post by: cube on March 17, 2016, 09:39:32 am
The bubble has popped.  Speculators are going elsewhere.
Title: Re: Ethereum price discussion
Post by: liondani on March 17, 2016, 10:03:45 am
The bubble has popped.  Speculators are going elsewhere.

not yet !!!   (see the logarithmic chart)  :P
it could be an opportunity to buy some more  :)

but definitely BTS seems to be a one way decision !!!!
Hope the speculators will join us.....


(https://3.bp.blogspot.com/-rFrNpJou_CY/VuqAqB8-LAI/AAAAAAAADkk/UdoeW8p_YNkgfKnbxFtxchs_9aRVxiPNw/s1600/crypt0028.png)
Title: Re: Ethereum price discussion
Post by: Ander on March 18, 2016, 12:57:26 am
Speculators about to flood into....Monero. :P
Title: Re: Ethereum price discussion
Post by: tbone on March 18, 2016, 07:26:18 am
Ethereum sitting right on major support.  Actually, it's already starting to breach.  If it doesn't bounce soon, it could seriously break down.

(https://www.coinigy.com/assets/img/charts/56eba950.png)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 18, 2016, 08:38:22 am
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.

(http://i.imgur.com/2kl4sIK.jpg)

Trust meh, I do this as a hobby.

Title: Re: Ethereum price discussion
Post by: werneo on March 18, 2016, 11:44:52 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-18ETH.png)

Now what? ETH channel-bound for at least the next week.
Title: Re: Ethereum price discussion
Post by: cube on March 19, 2016, 03:40:07 am
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?
Title: Re: Ethereum price discussion
Post by: donkeypong on March 19, 2016, 04:17:27 am
Good buying opportunity if you believe it has a future.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 19, 2016, 05:09:13 am
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.

u'r obviously not looking at teh lines properly.

u need to readjust yer perspective and u'll see it comin clear.

also sometimez a homie gotta sell some to pay for dat night out wit bea.

 :P
Title: Re: Ethereum price discussion
Post by: btswildpig on March 19, 2016, 05:45:41 am
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 .
Title: Re: Ethereum price discussion
Post by: vegolino on March 19, 2016, 11:40:29 am
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  :)
Title: Re: Ethereum price discussion
Post by: btswildpig on March 19, 2016, 11:44:26 am
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  :)

 :P :P :P  When those who wouldn't sell at 13 USD sold .....
Title: Re: Ethereum price discussion
Post by: puppies on March 19, 2016, 06:15:01 pm
Lines lines everywhere there's lines splitting up the market graphs clouding my mind do this don't do that can't you read the lines?


Please keep the lines coming.  I find them very interesting.
Title: Re: Ethereum price discussion
Post by: werneo on March 20, 2016, 02:40:09 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-20ETH.png)

ETH looks ready to break south. The next wave could send the price down into the 0.015 range or below.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 21, 2016, 01:39:49 pm
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>
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 21, 2016, 06:05:36 pm
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>

 :-\
Title: Re: Ethereum price discussion
Post by: Ander on March 21, 2016, 08:08:29 pm
I feel like its price is going to have a .02 at the front of it for a while, and the rest is just noise.
Title: Re: Ethereum price discussion
Post by: werneo on March 21, 2016, 11:40:15 pm
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>

 :-\

(http://vignette2.wikia.nocookie.net/pacificrim/images/0/09/Homer-Simpson-wingnuts-doh.gif/revision/latest?cb=20130909105555)
Ether wins again! Dang, it's hard to predict the future.  :-[
Title: Re: Ethereum price discussion
Post by: werneo on March 22, 2016, 02:56:59 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-22ETH.png)
Head and shoulders pattern. The down draft may resume.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 23, 2016, 05:36:14 am
wth is wrong with these people?

let it go down already!!!

lulz
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 23, 2016, 07:41:29 am
(http://i.imgur.com/QcMJXKa.jpg)

It's only a matter of when. SoonTM
Title: Re: Ethereum price discussion
Post by: Ander on March 23, 2016, 05:43:02 pm
The H&S formation is a possibility, but it is not meaningful until it breaks the neckline, so it would have to go under .02.  If that occurs it looks like a return to low .01s probably.  But alternately it could just stay up here or go higher (though with the market cap at a billion already, upside is more limited than most other alts). 

I kindof hope or a scenario where eth stays in the .02s or low .03s for a long time, bitcoin stays in the low 400s for a long time, and other alts are given a chance to prosper without the big two rocking the boat by doing anything crazy.

Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 24, 2016, 06:10:54 am
and so it begins.
Title: Re: Ethereum price discussion
Post by: cube on March 24, 2016, 07:21:46 am
and so it begins.

We have heard it before but it did not happen.  What is difference this time?
Title: Re: Ethereum price discussion
Post by: liondani on March 24, 2016, 08:09:10 am
and so it begins.

We have heard it before but it did not happen.  What is difference this time?

the volume?
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 24, 2016, 04:57:51 pm
What is difference this time?

No clue.

I just like drawing lines on charts and posting them to get reactions.

Thank you, come again!  :P

Ok, Ok, I'll give a cereal response.

Title: Re: Ethereum price discussion
Post by: werneo on March 25, 2016, 01:20:53 am
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-24ETH.png)

I concur with Tuck. Nowhere to go but down.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 25, 2016, 02:00:37 am
Nowhere to go but down.

https://youtu.be/WbrjRKB586s (https://youtu.be/WbrjRKB586s)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 25, 2016, 09:48:19 am
(http://s3.amazonaws.com/main-newsbtc-images/2016/03/25023542/Ethereum21-1024x509.png)

"ETHUSD may move down further moving ahead"
http://www.newsbtc.com/2016/03/25/ethereum-price-technical-analysis-03252016-buyers-struggle-keep-pace/

m0ar downward red arrows to look at. ;)



Title: Re: Ethereum price discussion
Post by: Ander on March 25, 2016, 04:20:14 pm
Looks down to me too.  Some bounces along the way, but to lower highs.  If it breaks the neckline of the potential H&S it might be forming, it will go down really hard.  Then we can all buy some cheap ETH again.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 25, 2016, 04:59:56 pm
Then we can all buy some cheap ETH again.

That wouldn't suck.




Title: Re: Ethereum price discussion
Post by: Akado on March 25, 2016, 05:08:58 pm
Digix and Slock.it crowdsales can still keep the price afloat or rise it. Don't forget some people have been buying to participate in them.
Title: Re: Ethereum price discussion
Post by: EstefanTT on March 25, 2016, 09:23:11 pm
It's a bit off topic but I still ask this question here because most of the traders of this community watch this thread.

You (traders) probably saw my thread on the creation of a weighted index of the top 20 cryptocurrencies by market capitalisation. It's almost done, it shouldn't be long now for me to officialize the web site and create the smartcoin.

If you didn't see the thread, here it is : https://bitsharestalk.org/index.php/topic,21999.30.html (https://bitsharestalk.org/index.php/topic,21999.30.html)

The force settlement offset is by default at 1%, [member=32211]Empirical1.2[/member]  tell me this :

"If I was too guess, I would think you might have more people willing to go long than short, so you would probably want to offset that with settings that are more favourable for shorters. A force settlement offset of 5% should be more positive for people shorting the index as they would be less worried that they are going to be force settled against unexpectedly. I think, I'm not sure about that though."

Which make a lot of sense ! Any of you have some thought about it or see another % fit better ???

Please consider answer on the original thread ( https://bitsharestalk.org/index.php/topic,21999.30.html (https://bitsharestalk.org/index.php/topic,21999.30.html) ) so it doesn't disturb the conversation on the bts price, thanks guys ;p
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 26, 2016, 12:45:17 am
Welp, guess we're done going down.

I got half my buys done otw down, so I guess that'll have to do for now.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 26, 2016, 01:21:36 am
Here's my updated ETH outlook ...

(http://i.imgur.com/00AmSpn.jpg)

One of them will be right. ;)
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on March 26, 2016, 01:48:24 pm
Barring any really good unexpected news in the next week, I think ETH will go below $500 million.
Title: Re: Ethereum price discussion
Post by: BunkerChainLabs-DataSecurityNode on March 26, 2016, 02:10:25 pm
Barring any really good unexpected news in the next week, I think ETH will go below $500 million.

Their latest update did feature a cliff face as their first image of choice in presenting Ethereums road ahead.

https://lnkd.in/d5F8UKi

Horrible PR blender.. or subliminal warning?

Read the commentaries.. I can't find a lot of happy campers.
Title: Re: Ethereum price discussion
Post by: puppies on March 26, 2016, 10:17:04 pm
Eth is like some monster from a horror flick that just wont die.  It keeps getting wounded, but then bam it springs back out of the sea.  Why won't it just die?

Full disclosure I have a very small short open on polo.  About 5 eth.  I use polo margin as a replacement for other types of gambling that I might otherwise engage in.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 27, 2016, 04:55:40 pm
weeeeeeee
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 28, 2016, 04:32:23 pm
There goes .027 .028, next stop ... ?
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on March 28, 2016, 06:13:06 pm
There goes .027 .028, next stop ... ?

I'm margin selling all the way up to 0.030 myself.

(Edit: Looks like the bump earlier  today was the result of a pretty good NY times article https://www.reddit.com/r/ethereum/comments/4cahmk/the_new_york_times_on_twitter_bitcoin_has/ )
Title: Re: Ethereum price discussion
Post by: liondani on March 28, 2016, 11:32:54 pm
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!
Title: Re: Ethereum price discussion
Post by: tbone on March 28, 2016, 11:58:58 pm
I could be wrong, but I think ETH may be running out of steam here. 
Title: Re: Ethereum price discussion
Post by: liondani on March 29, 2016, 12:11:25 am
I could be wrong, but I think ETH may be running out of steam here.

NWO has decided to go with it... it doesn't matter if something better is out there
Title: Re: Ethereum price discussion
Post by: werneo on March 29, 2016, 12:18:52 am
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-03-28ETH.png)
Ethereum buyers have a bad case of irrational exuberance. Buyers are unresponsive to cold facts like declining volume since the ATH on 3/13. The rise looks like a short squeeze, where sellers are all sold out, and the few remaining irrational buyers are bidding up the price on low volume and limited supply. Then some whale comes along and sells out from under them and the cycle starts all over again.

Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 29, 2016, 03:13:24 am
I could be wrong, but I think ETH may be running out of steam here.

.027 was resistance, it's now support. Wait for it ...
Title: Ethereum Solidity available in Microsoft Visual Studio
Post by: Tuck Fheman on March 29, 2016, 08:13:08 am
Human error has allowed us to read this a little early ...
http://webcache.googleusercontent.com/search?q=cache:J0kyPr54K0QJ:themerkle.com/ethereum-solidity-available-in-microsoft-visual-studio/%20&cd=3&hl=ko&ct=clnk&gl=kr
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on March 29, 2016, 12:21:35 pm
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...
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 29, 2016, 07:38:13 pm
https://youtu.be/0fQIv-wZK_U (https://youtu.be/0fQIv-wZK_U)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 30, 2016, 07:09:38 am
Is .029 it?

(https://img.buzzfeed.com/buzzfeed-static/static/2015-03/11/17/enhanced/webdr11/enhanced-15025-1426108976-6.jpg)



Title: Re: Ethereum price discussion
Post by: btswildpig on March 30, 2016, 08:23:31 am
Through technical trading prediction , I expect Ethereum will go to 95 RMB on Yunbi at least . 
Title: Re: Ethereum price discussion
Post by: puppies on March 31, 2016, 01:38:48 am
I'm jonesing here people.  Quick I need lines.  I don't know what to do.  Please give me lines.
Title: Re: Ethereum price discussion
Post by: Xeldal on March 31, 2016, 02:05:58 am
I'm jonesing here people.  Quick I need lines.  I don't know what to do.  Please give me lines.

(http://content.screencast.com/users/Enkianu/folders/Jing/media/02ece9e1-a4ad-4d0e-b652-ed09f7db4dd5/2016-03-30_2157.png)
Title: Re: Ethereum price discussion
Post by: puppies on March 31, 2016, 02:16:59 am
Thanks Xeldal.  I feel much better.  The path forward is now clear.
Title: Re: Ethereum price discussion
Post by: btswildpig on March 31, 2016, 10:32:03 am
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
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on March 31, 2016, 09:57:50 pm
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

;)
Title: Re: Ethereum price discussion
Post by: btswildpig on April 01, 2016, 02:19:22 am
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

;)

yay.....it dropped  :P
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on April 08, 2016, 01:36:41 pm
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.


It's been a good trade so far. ETH made it up to 0.0295 (on NY times article and Visual Studio News) and has been falling since.

It's falling a little bit slower than I expected but it's pretty clear that with the current inflation level it needs frequent big news to sustain this valuation otherwise it's an easy short.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 10, 2016, 07:18:00 pm
(http://independentlivingnews.com/wp-content/uploads/Articles/_Images/reload-your-gun.jpg)(http://www.ragefacecomics.com/faces/large/misc-gentlemen-top-hat-l.png)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 12, 2016, 02:18:56 am
Yeah, that didn't work out, so I unloaded earlier today.

Now getting ready to reload between .018 - .016 ... anyone disagree?
Title: Re: Ethereum price discussion
Post by: werneo on April 12, 2016, 02:48:17 pm
Yeah, that didn't work out, so I unloaded earlier today.

Now getting ready to reload between .018 - .016 ... anyone disagree?

(https://dl.dropboxusercontent.com/u/38768040/misc/2016-04-12ETH.png)

If when it drops under .064, watch for a cliff fall to the .01 range
Title: Re: Ethereum price discussion
Post by: liondani on April 12, 2016, 06:34:06 pm
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 [member=32211]Empirical1.2[/member]  for his accurate prediction !!!!     +5% +5% +5%
Now tell as where you think it stops?
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on April 12, 2016, 11:33:37 pm
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 [member=32211]Empirical1.2[/member]  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...
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 13, 2016, 04:47:47 pm
weeeeeeee
Title: Re: Ethereum price discussion
Post by: werneo on April 15, 2016, 05:08:10 pm
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/
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 15, 2016, 05:48:15 pm
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/

Coming This Summer (© Stan) ... "Big Bear meets Huge Whale".

This is a working title. Alternate title ... "When YOLO met FOMO".


Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 15, 2016, 06:32:06 pm
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/

(http://i.imgur.com/DyLFlJD.jpg)

Later today, he'll reverse that new position and claim he was right all along with his doom scenario.  ;)

Title: Re: Ethereum price discussion
Post by: werneo on April 17, 2016, 08:08:25 pm
(https://dl.dropboxusercontent.com/u/38768040/misc/2016-04-17ETH.png)


-MACD negative crossover in the hour-frame.
-Four unsuccessful attempts to break through resistance at 0.026/Double Top

I call this shortable.
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 19, 2016, 06:50:12 pm
-MACD negative crossover in the hour-frame.
-Four unsuccessful attempts to break through resistance at 0.026/Double Top

I call this shortable.

combined with ...

Quote
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.

= m00n!

For clarification .... m00n = .024

(http://i.imgur.com/eHczC2V.jpg)

Edit: ftfm ...
(http://i.imgur.com/B5A4xi6.jpg)
Didn't see the BTC rise coming. ;)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 21, 2016, 03:51:49 pm
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
Title: Re: Ethereum price discussion
Post by: donkeypong on April 21, 2016, 05:32:41 pm
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

Established monetary systems are the "manned aircraft" and Etherum is the drone.
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on April 22, 2016, 04:31:54 pm
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 [member=32211]Empirical1.2[/member]  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'm stocking up on MAID at these prices again, think ETH is pulling it down but MVP seems to be coming along well.

Have some open shorts on ETH still waiting to close will open new shorts again if goes above 0.02.
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on April 25, 2016, 10:21:00 pm
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... )
Title: Re: Ethereum price discussion
Post by: liondani on April 25, 2016, 10:32:35 pm
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?
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on April 25, 2016, 10:40:03 pm
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?

DCA is dollar cost averaging. So I'm buying more MAID now so that my average price for Maid on this trade will be lower.

MVP is minimum viable product. MAID are very close to releasing a MVP finally, possibly in the next few weeks, I'm hoping when that happens MAID will see new highs and the trade will pay off.
Title: Re: Ethereum price discussion
Post by: bitmeat on April 26, 2016, 01:56:36 am
sorry for the noob question...

what is DCA and MVP?

I believe:

DCA = Dollar Cost Averaging (investment strategy - look it up)

and

MVP = Minimum Viable Product
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on April 26, 2016, 06:56:19 pm
Update ...
(http://i.imgur.com/f0y6Knb.jpg)

 ;)
Title: Re: Ethereum price discussion
Post by: Tuck Fheman on May 02, 2016, 05:10:45 am
(http://i.imgur.com/4DtUKp3.jpg)
;) Craig Wright story turned things upside down for a few hours.

Ok the Craig Wright bs is over, now ETH can resume the dump. ;)

(http://i.imgur.com/PQVwcqa.jpg)
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on May 24, 2016, 04:37:16 pm
Been short ETH/BTC again.

Supply removal caused by DAO will be coming to an end and should actually reverse as gets spent putting pressure on price.

ETH needs a lot of new constant demand to sustain a billion valuation anyway due to high inflation.

Bullish on BTC as halving not too far off. (After halving BTC will need less average new demand to sustain 7 billion than ETH does to sustain 1.2 Billion.)



Title: Re: Ethereum price discussion
Post by: jsidhu on June 16, 2016, 10:46:46 pm
werneo what do you see for eth now
Title: Re: Ethereum price discussion
Post by: Ander on June 17, 2016, 03:26:39 am
Never short eth.  Never ever. :P
Title: Re: Ethereum price discussion
Post by: xeroc on June 17, 2016, 08:12:29 am
Someone is attacking DAO: https://www.reddit.com/r/TheDao/comments/4ohwgu/one_of_the_whales_has_split_from_the_dao/

Quote
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?
Quote
Someone is draining the DAO using recursive splitDAO calls
Quote
It is according to slack. Someone is stealing like $1.000.000 worth of ether a minute
Title: Re: Ethereum price discussion
Post by: nomoreheroes7 on June 17, 2016, 10:22:03 am
Never short eth.  Never ever. :P

Guess I should've shorted eth. Why oh why did I not listen to my contrarian-ander indicator?!?!

 :P :P :P
Title: Re: Ethereum price discussion
Post by: Empirical1.2 on June 17, 2016, 10:27:19 am
I was short ETH and losing on that trade, thanks to this managed to close with a nice profit.

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.

Hopefully ETH will recover just so I can short it again. I will be a buyer of ETH once it switches to POS (Lower inflation)
Title: Re: Ethereum price discussion
Post by: Ander on June 18, 2016, 02:51:20 am
Never short eth.  Never ever. :P

I've changed my mind.  Feel free to short eth at any time you hear about a critical flaw that let someone steal al lthe eth from a "smart" contract. Lol.
Title: Re: Ethereum price discussion
Post by: werneo on June 20, 2016, 07:51:02 pm
werneo what do you see for eth now

You have probably already figured this out after the DAO fiasco, but at this point ETH has crossed into a full on bear market. It's possible you could see some short term upside to .019 or even .020, but longer term I think we're headed for sub-.010s. Maybe as low as .006 or even lower. Suffice to say I'm shorting it for now.
Title: Re: Ethereum price discussion
Post by: vlight on July 26, 2016, 01:42:21 pm
0.00000001 btc ?  :)
Title: Re: Ethereum price discussion
Post by: vlight on July 27, 2016, 01:50:19 pm
This is priceless:

https://twitter.com/IOHK_Charles/status/758277705766989830