Author Topic: Ethereum price discussion  (Read 74033 times)

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Offline Ander

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Re: Ethereum price discussion
« Reply #195 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.
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Offline Akado

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Re: Ethereum price discussion
« Reply #196 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
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Offline sittingduck

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Re: Ethereum price discussion
« Reply #197 on: September 28, 2015, 01:32:04 pm »
What do eth people blame the fall on.   


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Offline nomoreheroes7

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Re: Ethereum price discussion
« Reply #198 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

Offline Ander

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Re: Ethereum price discussion
« Reply #199 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?
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Offline lil_jay890

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Re: Ethereum price discussion
« Reply #200 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

Offline bytemaster

Re: Ethereum price discussion
« Reply #201 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. 
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Offline Ander

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Re: Ethereum price discussion
« Reply #202 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? :)
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Offline merockstar

Re: Ethereum price discussion
« Reply #203 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.

Offline Ander

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Re: Ethereum price discussion
« Reply #204 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.
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Offline jsidhu

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Re: Ethereum price discussion
« Reply #205 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.
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Offline lil_jay890

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Re: Ethereum price discussion
« Reply #206 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.

Offline jsidhu

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Re: Ethereum price discussion
« Reply #207 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.
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Offline bytemaster

Re: Ethereum price discussion
« Reply #208 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.

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Offline cylonmaker2053

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Re: Ethereum price discussion
« Reply #209 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.