Author Topic: Ethereum price discussion  (Read 74037 times)

0 Members and 1 Guest are viewing this topic.

Offline puppies

  • Hero Member
  • *****
  • Posts: 1659
    • View Profile
  • BitShares: puppies
Re: Ethereum price discussion
« Reply #210 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.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Chronos

Re: Ethereum price discussion
« Reply #211 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%

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Re: Ethereum price discussion
« Reply #212 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.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline cass

  • Hero Member
  • *****
  • Posts: 4311
  • /(┬.┬)\
    • View Profile
Re: Ethereum price discussion
« Reply #213 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%
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline bytemaster

Re: Ethereum price discussion
« Reply #214 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.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Re: Ethereum price discussion
« Reply #215 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.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
Re: Ethereum price discussion
« Reply #216 on: September 28, 2015, 10:03:21 pm »
what's happening right now lol broke ATL just like that and it keeps going
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Re: Ethereum price discussion
« Reply #217 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.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Re: Ethereum price discussion
« Reply #218 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. :)
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
Re: Ethereum price discussion
« Reply #219 on: September 28, 2015, 10:12:29 pm »
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Re: Ethereum price discussion
« Reply #220 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.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Re: Ethereum price discussion
« Reply #221 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!
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline bitmeat

  • Hero Member
  • *****
  • Posts: 1116
    • View Profile
Re: Ethereum price discussion
« Reply #222 on: October 01, 2015, 02:32:16 am »
Poor Augur investors...

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
Re: Ethereum price discussion
« Reply #223 on: October 01, 2015, 12:15:15 pm »
Poor Augur investors...

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

Offline bitmeat

  • Hero Member
  • *****
  • Posts: 1116
    • View Profile
Re: Ethereum price discussion
« Reply #224 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.