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Prometheus and his pump group are responsible for current Ethereum pump. Prometheus colluded with Ethereum members to obtain insider info about R3 news in December. Fake news posts and shill spam also stem from the group. They plan to dump soon.

Not sure who this joker is supposed to be, but I seriously doubt there is one person behind ETH's rise.

By the way eating meth is bad, and if you've been doing it since 2013 I can see how you've become paranoid.

don't know what is the meaning of the pampas, but here are several resources there have been suggestions that the sale of ETH or with a big discount for 1.30$ or a few days there was an offer for 0.90$ per 1 eth, there is not know and did not check, but maybe it was a Scam, although doubts still remain, but to be in the near future, to see, if the proposal is similar to how bitcoin unraveled in due time, if the proposal is similar to how bitcoin unraveled in due time, or already speculation as the basis of the struggle for markets

http://imgur.com/a/1xbWq#2 (http://imgur.com/a/1xbWq#2)

I saw many accusation on Ethereum being a scam when it was being dumped heavily last year. Now when this coin is being pumped, I am still hearing this scam accusation. The daily volume for Ethereum is way too large for a single person to manipulate the market.

Volume can easily be faked. Kraken is 100% fake, and 70% of the volume of ETH is on this shit website nobody has ever heard of. Am not even bothered to spell it out correctly, something something Polio or Poloxnum.

Ether IS a scam. They fucking offered IPO. No reason for the rise.

ETH is simply new Ripple/Dash.

I keep watching and trying to trade ETH and it is just different. For one it has a record amount of volume for any altcoin (though I don't see ETH as an alt at all really). It is definitely something different.

I watch the price and books and at times it just seems to have some ungodly buy pressure. All the signals show up for a dump and wham, all the resistance just gets bought up like I've never scene before.

And most of these guys trading ETH don't even know what it is. I see all sorts of talk "ETH is going to take over bitcoin" and "Stores will be accepting ETH" blah blah ridiculously incorrect hype..

IDK where it's going, it proved me wrong too many times already to speculate. To me buying ETH is like buying into "blockchain technology" rather than cryptocurrency, but what is the value of ETH as fuel to use in this blockchain tech? Would it cost Goldman Sachs 1 ETH to do a years worth of blockchain business or 10,000 ETH per year? Just don't know..

I can tell you that the developers will never have to pull ETH off the market to use in there testing and projects because they have more than they'll ever need already.

The amount of salty as hell litecoin bagholders is amusing to me.

Ethereum is a legit project and there is no "dump" coming because the community is positive about the future.

Presale buyers will hold on to their coins until they die if need be.

Best community, best developers and best crypto on the market. 

Empty scam accusations just show how butthurt you are and say nothing about ethereum which is the least manipulated and most liquid coin in crypto.

Eth bagholders are no different than any other.

Eth is having its day in the sun. Enjoy. When the development money is gone and the hype dries up we will see a different picture.  Its no different than any other mega pump and dump we have experienced.

Lol, no we have never seen such an event happen in crypto before. When has a coin gone from nowhere to second place in market cap without being a manipulated shitcoin like ripple.

Name one time in the last 2 years.

Keep pulling the wool over your own eyes.  It makes no difference. ETH will suprise everybody.

Many people want cheap coins now Homestead gonna be announced next week

i have not heard of them but surely there have been a lot of shills and fake news being spread around in crypto community forums about ETH.
the amount of spam is nearly unbearable.

I do not believe the volume. I do not believe the tech. It is the latest btc killer and that is all, and eventually everyone will realize you can't do anything with it other than pray to the btc gods that btc dies.

I agree with you completely. It take more than hype to create a viable crypto, and it takes a heroic dev effort which ETH is simply a heroic DEV proof of concept.

He said that there'll be a dumping and it seems there is but not enough to bring the price to a downward trend. Although the price is lower today, there are a lot of buyers waiting in queue as well.

the waves is now turning against this premined get rich quick scam as it is almost 1 year old with no stable working wallet, no in wallet easy dapp, no smart contracts from other coin, ibm have abandoned the scam and creating their own but the hypes and manipulating is still amazing! all they have now is ice age monkey wallet call mist for consumers/investors after have collected almost $50mil included the shit coins they gave to themself. these scammer devs are such drama king, they don't want to call it wallet, they rather creating shit terms over shit terms, over clusterfack craps, over shit name, over little bit thing to creating dramatic hypes

queer drama kings creating confusing queer tech for the queers. the reason is this coin is not creating for the mainstream. hahahha

So is it actually a pump coin and will soon be dump,this is not a good news for holders,this is quite intriguing especially when I saw those conversations one newbie posted,he is not a newbie,a developer who wants to cloak his identity,this is a wait and see scenario but I bet ethereum will probably stay for good..

First sensible thing I've read in here for ages!

I do not think Ethereum is a pump and dump coins. There is active development of this coin. That is totally different from other scam coins.

Deleted

LOL!

GOOD FIND.

Confirmed that it is a SCAM!

Anyone promoting Ethereum --> part of a scam (thus, a CRIMINAL)

Garage in the woods operation

This proves what I may ask?

It is most likely the address of the Registered Agent for Poloniex. Registered Agent is a service typically provided by legal firms and is the address where legal documents are served on a corporation. This is a requirement of incorporation in most jurisdictions.

Edit: If one wants to sue this is where one sends the process server.

This is a new low! Even for this place. The OP making idiotic accusations is one thing, but implying Polo is a scam is totally uncalled for. Right now bitcoinlitcoinbtcltc has

started a new thread, (in which he is censoring). No surprise, he became extremely upset a few weeks ago when ETH passed LTC in market cap, and since then has been on a

smear campaign. Imagine a system where the accused gets no chance to defend himself... absolutely disgusting. This is the second time he has done this. If anybody who is

new, and would like to know more about Polo? Please check out this link... https://bitcointalk.org/index.php?topic=499580.0

Two years of using Polo, and not a single problem. Hundreds of withdrawals, and deposits. I have reported bitcoinlitcoinbtcltc to the mods. This character is an absolute

childish troll.

Yeah but it seems really organized! All that fucking spam on reddit for example.

I think there is a group behind it. You can't pump that much from nothing.
Just don't fall for it, ETH current price is too high.

I have to agree. I have been using Poloniex for over 18 months now. Excellent service.

It doesn't matter if Polonoxious is a good service or not (hey we never know with exchanges until they fail). Rather it is sufficient to say that ETH is not the exchange and the exchange may prefer to have the server in a location where no colocation employee could steal the keys.

The reputation assassination attempt on polonoxious to try to discredit ETH is pitiful.

Even if polonoxious is in cohoots on some P&D scheme, that evidence has not been provided. And besides we all know these P&D schemes are ongoing so it is no surprise. Par for the course in altcoin land (except perhaps for XMR and any other coins fairly mined which probably can't be P&D'ed).

Money talks bullshit walks. 

Let's work together to flush "lightcoin" down the toilet where it belongs.

It's all I hear on a good part of this forum is Etherium.  I supposed I ought to look into it, eh?  Is this supposed to be like the #2 altcoin or something? 

Also, just because it's a pump and dump, doesn't mean it's a scam necessarily.  Well, it does if you've been lied to on the pump and I guess that's what usually happens right?

LOL!

Get over it. If I am doing smear campaign, what do you call MASS SPAM attacks from Ethereum ''users'' (ponzi scheme promoters), which you most likely participated in !?!

It's okay to praise ethereum, but when we expose what it really stands for, it is smear campaign and you go cry to mods!?

LOL!

I'm not saying anything about Ethereum, but Poloniex is the #1 volume crypto exchange in the world that doesn't take fiat deposits.  And it's ahead of most of the exchanges that do.


http://coinmarketcap.com/exchanges/volume/24-hour/#BTC


If you take away fiat trades, Poloniex has more volume than any other exchange.

AIDS-btc.io is offering a sign-up bonus right now, it's pretty popular

I don't know what the big deal is either, even if this is the address of Poloniex, so what? Does it make you more comfortable for an exchange to rent out a $30,000+ a month suite in some expensive office building? Didn't Mt Gox do this and look what that got them.

Spending a ton of money as a startup on fancy offices and other expenses you don't need is a sure way to bankruptcy, not the other way around. You can rent out servers from many reputable hosting providers for the infrastructure, and I am sure most of the support staff can be located remotely, especially moderator type staff, probably in their homes.

Starting out small and growing slowly while preserving capital is the way to succeed, but I guess that idea doesn't hold sway in today's get rich quick mentality.

Get over what? That you are a jealous LTC bagholder who censors decent, makes false assumptions based on no facts, and sells STAR WARS dolls? I went to the mod, not

because of the ETH negativity, but because you started a thread trying to defame a reputable business with no facts. And censoring it! Got it... manchild? Get your facts

straight. I feel like I'm arguing with a fuckin teenager. PM you for Investment Opportunities? Sorry... sold all my dolls 40 years ago. Lmao! Now I see. Your intellect is trying

to capture the 12-16 year old market. Ahhhh... free advertising for your website? Well played. Do teenage boys still play with dolls and dress up like Storm Troopers? Guess

you would know better than me. Yep, from reading the replies, it seems a lot of people with an IQ over 80 don't agree with you. Can't waste another minute of my life responding

to an OBVIOUS immature jealous little troll who dresses up like a storm trooper. See... I can make assumptions too! Isn't this fun? Need to shower... feeling yucky!

prometheus is just a sock puppet account, the real pumper is microsoft

im on to you bill gates

what a pile of bs. congratz.

When you see guys like this highly sophisticated Bitcoinlitcoinbtcltc trying desperately to spam against Ethereum, you know it is a wise decision to have at least a part of your portfolio in ETH. Cheers.

This guy Bitcoinlitcoinbtcltc is what the French call "Douche bag dejour"!

If I were polo or kraken and you REALLY just exposed my physical location, I'd use every resource I had to find you and beat you retarded.

Is not Poloniex an independent exchange? Can't see why Etherium is scam because it's traded at some kind of unregistered exchange or stuff like that. They trade bitcoins, litecoin etc as well - does it make all this coins "scam ones" ?

I believe they state their locations at there websites? it's kind a big difference between exposing location of individual and business. Businesses that hide are not the good ones))))

Lol. How many websites are there in the realms of crypto with a proper imprint? The relevant ones can probably be counted on one hand.

If Poloniex or Kraken are legitimate business, it should register with authority and report its address to the authority.

Poloniex is registered with FinCEN which means they've provided a legit address for their exchange business.

True.  Target price of current pump is $50.00.  Get in now!

I am not saying eth is pump and dump scam like op, it has many revolutionary ideas, that can be taken and used by others, which it is
vitalik butterin is brilliant imo

however, does anyone who is buying ethereum actually know how many ethereum there will be and each year?
I do
99% of people don't I feel and the info is hard to come by
plus it's not a 'coin' in the truest sense, has many applications and should be quite valuable but is seems people are treating eth value like they are buying apple stock lol, like it will go up on who adopts uses, not gonna work like that

I feel cap will come down considerably when reality sinks in

hi weirdos of this thread.  eth is real. if you really believe that they are a scam, then i guess you are smarter than:

consensys, ubuntu, microsoft, etc

go outside and get a hug....sure you lost money on all your other crapto coins, quit hating on the real true alt coin.

I am french, and I never heard about what you are saying  ??? You may be trying to say with french words this english sentence, so bag doesn't exist in french and dejour neither (but de jours does ;D)

Buying ETH now is a bit of a risky move. Look at the price increase over the past few days, don't wonder if sudden price dip occur. I'm waiting for this dip so I can get right back in though :)

So many people is waiting the dip for eth but it isn`t coming :)

That's totally true!

Etherum was marketed like a new bitcoin, another altcoin in fact.
Whereas Etherum has not much to do with the concept of cryptocurrencies! It's really differently made and for different purposes!

The dip will come, but we do not know when. Maybe there is true value in Ethereum, the price will be higher than the past.

Ethereum is not a bitcoicn. It is not just a coin. It is a trading platform. You can do a lot of things there.

what these dumb morons don't get is they need to be an IT coder person to use this etherieuem platform/coin. they would need to know how to executing the command line. type and execute something wrong and they will lose all their etherioom. LOL

these dumb morons must not realize there are ton of other platforms out there right now. i just hope these platforms will be much better to understand and ease of use than this get rich quick scam eatariem
heck, shitcoins like bitbay,blackhalo, bithalo platform or other coins probably already have much better smart contracts than this get rich quick etherieum.

when do you guys think the ETH pump is going to end and the normal trend is going to start?

i want some deep speculations.

Well eth is done. It was a good idea to invest in it like 3 months ago in order to take the profit of the current pump. But now it's the end of their world and they know it! ;D

The price has risen 20% since your post. It seems the Ethereum will go on for some time. I think the pump is not done yet.

Meh. I don't like being proven false by reality ;D

Well, if ETH can exist on the long term cool for it and its investors. But I don't believe in it.

I think it can exist on the long term if the developers have enough funding to keep them on. The price rise will increase the value of the Foundation funding.

I think the peak has been reached and adownwards movement can be expected now for some time.

I also think so. The price could drop 30% and consolidate there for a few month before next rise, if any.

Jeeez

I see the price is hovering around $4.4. It is quite stable. So the big dump has not started yet?

Big pump - around 50%+ - will probably come soon when most buyers realize that there is not much space for a bigger pump.

No, I didn't started yet, and I doubt that it will ever start. I think that between 0,01BTC and 0,012BTC is the fair price of an ETH, at the current state of development. When Homestesd will be released, this fair price should go to 0,015BTC I think.

I just read an intersting article "Factors Behind the Rise of Ethereum" no NewsBTC. 

http://www.newsbtc.com/2016/02/14/factors-behind-the-rise-of-ethereum/

He mentioned several factors. Any of these could be behind the rise of Ethereum. We do not know for sure.

On the contrary the Mist release (https://github.com/ethereum/mist/releases/) of the Ethereum wallet is stable and allows you to buy Ether directly from the wallet using Shapeshift built in. The only two altcoins I have diversified into are Ether and Monero. I seriously doubt Ether is a PnD and is a good long term hold. Do not overlook the fact that Microsoft is interested in Ethereum and will offer Ethereum based services (http://blogs.wsj.com/moneybeat/2015/10/28/bitbeat-microsoft-to-offer-ethereum-based-services-on-azure/) on Azure.

I think the Ethereum price is quite stable around 0.012 after the big dump. Monero is being pumped at the moment.

Problem is they claim they can fund it but that's only by selling it... Which means eth is funding itself! It can't goes own for years ^^

Do we need to change the funding model? We need to extract a kind of tax to make the development continue.

SEC issue well discussed by Tone Vays after 32 min

https://www.youtube.com/watch?v=UmNKd3w1k6Q

Haha I can't stop LMAOing  ;D ;D ;D

Exchange quoted volumes are unverifiable numbers and don't count as evidence of anything at all.  Not that you should have to prove anything here, not that I have any evidence scam or otherwise, just:  exchange quoted volumes are not measurements. 

Or just let eth burn and slowly die then get back everything to btc!

Down we gogogo.  600k incoming.

The end is clear as water ;D

Pump$Dump coin

Goodbye

Which coin is the next?

biggest hyped coin ever, LTC was higher cap wise but never had the hype of this coin..... biggest problem is that it is the jesus coin, nothing can live up to jesus

Goodbye ETH. :)

But i thought this was the last chance to buy cheap coins?

No one could answer your question,you gotta do your own research as people controlling are not roaming around here and nor they care to answer it.If you are into Ether then i suggest you follow their forum news and stuff,anybody's speculation could go wrong otherwise.No pump soon IMO.

The hype is definitely over, ETH continue to go down where it belongs.

I don't understand why some people paid for this train. It was an obvious scam! Price can't just go up like this without any reason!

The price has risen too fast for the Ethereum in the last month. So it is reasonable for the drop to happen.

Yeah but how could people buy?

I mean if tomorrow btc goes over 500 I won't buy!!! It means there will be some kind of manipulation of the market, something that I don't understand.
Be cautious when investing ^^

For ordinary people like us, it is difficult to invest. We can only invest in the things we know, but we do not know much about coins.

Which is why you shouldn't invest in a coin with a sudden high growth! Especially if you don't know a lot about it!

Do you mean the Ethereum? Ethereum has been developed for almost 18 months. It is still being developed. It is not a scam.

I think the price of Ethereum will grow a lot this year. Many more tools will be built on the Ethereum platform.

I dont think it is just a pump and dump scam actually. The price didnt really "bust", it just got where the actuall price of the coin lies, and not where the pump was putting it. It is a great coin.

The price is stablising around 0.01. That is much better than I expect. I thought the dump could make it drop below 0.002.

Yeah but the incredibly sudden growth is a scam ;)

Get out of this scam while it is still possible. :)

Looks like the price has stabilised against the wishes of you retards.  When are you going to realise what's in front of your faces and buy ETH?

I wouldn't call that a scam, but it's still a big pump and dump and nothing more ;)

As a newbie to the crypto markets, I do wonder if anyone has a real grasp of what is happening!  

People with a lot of experience shout buy whilst equally experienced others shout scam, sell.  

It is very hard to make a choice that is well informed and there must be a lot of people acting purely on gut instinct or greed or whatever else.

ETH has potential for sure, but then it has a very good marketing campaign too.

Someone pass me a crystal ball please!

Checking this: Dwarfpool has more than 40%  - when do they dictate & take over ?

https://etherscan.io/stats/miner?range=7

(Pls spell correct this link above - it's not etherscam.io )

What's sure is that noobs have no clue ^^

But yeah it's rather easy to understand what happened. Eth market cap was triple in something like two hours, it means huge whales came in, made lots of noise around it (spamming on reddit and here) so more people came and price rised for days, then the big whales took their profit. It's called a pump and dump.

Thank you!

I get that pump and dump thing and I can see why they do it etc. 

So as an experienced crypto person, how do you read the clues that this is a temporary pump and dump and not the start of ETH world domination?

Yesterday it took me 16 seconds to transfer ETH. And it took me 45 minutes to get one confirmation on a BTC transaction.  Same exact dollar value.

Bitcoin is fucked

Bitcoin trx speed sucks ass... but ETH is not the only one crypto with fast transactions, it was designed with "slightly" other features in mind I believe))

Easy, nothing that goes up fast will stay stable. Nothing ever. Eth had something like 250% growth in two days. It's to much you know it'll go back down ;)

The Ethereum price is consolidating at the moment. If it stays around 0.005-0.01 for a few months, it is good.

It wont.

As we all can see, Ethereum does not follow Bitcoin. Which is an extremely bad sign; it is not only catastrophic for Ether holders, it is outright APOCALYPTIC.

This shows us that Ethereum has no interest in the cryptocommunity. If it had, it would move with BTC price; when actual Bitcoin holders and traders are trading. But it does not.

Meaning: when Bitcoin bubbles, Ethereum WON'T FOLLOW. In fact, it will do the OPPOSITE: people will dump their IPO/SCAM COIN Ethereum when they realise it doesn't follow the Bitcoin/Litecoin bubble, and try to get out and convert it to legitimate Bitcoin and Litecoin cryptocurrencies. Result: Ethereum price will DUMP HARD. Hard as: sub $1 within 1-6 hours of the dump initiating.

If you have halve a brain, you should be dumping your Ethereum shit. If you have a lot, I doubt you'll be able to get out because the scam coin lacks liquidity. Most people promoting it don't even have $20 invested in the shit coin. When someone with $1k invested sells, it will affect the price. But when you dump $50k worth of Litecoin, you won't even see a $0.01 change.

That's the difference between scam/shit/ipo/ponzi coins like Ethereum and legitimate cryptocurrencies like Litecoin.

You seem really serious about your anger. Take deep breaths it will be okay.

bitswift is one of the quickest coins on the market.  especially since its recent improvements.  when you see the future integration coming among twitch steamers/gamers/e-league/gambling and more for using it, you'll see why it has to be so fast, which in turn will only be driving demand up.  

not to mention it's only about 4.x million coins with i'd guess about half in strong hands, tied up being used.  insanely undervalued at this point...prob not for long though, just sayin ;)

Absolutely Its still in development phase also have open source for app development .

Seems there is a bug on ethereum blockchain

https://www.reddit.com/r/ethereum/comments/46s1q0/if_you_want_eth_to_be_serious_you_seriously_need/

No, the user probably made a mistake.  Or lost money gambling

If this is a bug, I am glad it is found. The Ethereum is still in beta status. There should be a lot of improvement.

Of course, it doesn't mean the price can't go up, just that 250% growth is not natural ^^

The Ethereum price is consolidating at the moment around the 0.01 range. It seems there is quite strong buy support below that.

Maybe I would call that value finding process. The Ethereum price was suppressed by whales to accumulate coins.

Unfortunately in a decentralized network speed generally means giving up on security. This is why every decentralized coin will never be fully scalable and a system with multiply crypto-currencies is evolving. Fact is if you have a decentralized coin with a market capital in the Billions it better be slow and secure if you expect institutional investors to participate.

If speed (with security) is required accepting centralization is inevitable. Goes against the very principles that attracts most people to crypto in the first place.

To me, centralisation is not good. I do not want somebody else to control my wealth. I want to control it myself.

sorry for being a lttle bit off topic but do someone remeber how much money made ETH during their ICO?

I think it's a little to early to say Ethereum doesn't follow Bitcoin or Litecoin.
The coin Only has started to go to the moon since a few weeks.
So it's really still adapting to the market I think this coin will at least see $10> soon.

It's just to early to say that kind of stuff, its like saying in the first month's of bitcoin that it is a ponzi scam.

Seems like the Ether price keeps climbing in spite of FUD threads like this one.

+1 re. not following btc and it'll dump STUPID hard.

watch when the whales break away and shut down the bots.  insta-crash.

There is no reason for ETH price to fall.  It is doing very well against bitcoin and it's here to stay.

It is a permanent feature of the scene and is growing faster than everything else around it.

I reccomend that everyone investigate Ethereum for yourself.  It is actually pretty cool shit.

Keep in mind that for every pump there will be always a dump. Be prepare when it happens.

Ethereum is not a pump and dump scam.

Let us not confuse the revolution that is Ethereum with the characters of its holders.

Dump will happen but really trader knows when to sell.

The price of Ethereum has been pumped from 0.008 to 0.013 again. When will the dump come?

From my little knowledge it will climb a lot more first!  So the dump will come at 0.02

Pumps & Dumps are not scams in any way. You need money for it, and it is risky business. And they are even useful for recognition of cryptocurrencies because there is price action.

It is risky to get involved and if you are not one of the winners, then it does seem more scam like for sure.  And then the braggers appear online to tell you how much profit they made!

Ethereum is a shit coin.

The fact that it was promoted by mass-spammers says enough.

Lots of Ethereum bagholding scammers on btctalk.

No idea what that picture means!

Take your money and be happy-my advice, don't get involved too deeply to become a believer. This can become a rule for almost any altcoin there. I won't call it a *shit coin. more like exhausted ICO, now becoming dangerous investment.

I mine the Ethereum, which is the most profitable coin to me. I sell some for bitcoin to cover my cost and hold the rest.

The mining will just last another 10 months at most. So what is your plan to deal with the GPU?

Can you mine with a computer or do you need special chips?

There is no special chips. It is not worth it to make ASIC for the Ethereum. So we all use GPU.

are they still pumpin and dumping this one? saw that the price has been flying up :/ im not invested myself. but was thinking about investing.

Yes, they are buying and selling this coin like crazy!

Only on Poloniex already people traded over 17000 bitcoins in 24 hours of ethereum alone.

So this coin is very alive if u can't see what it can bring to the future u'r loss.

If 1 sour grape = 1 ETH scam thread
Then we need a bigger bunch of grapes  :D

I have a solution to this sour grapery: Everybody buy a little Ethereum!

That is all.

You know, right now I wish I had bought some ETH instead of BTC :/

There is a pump of Ethereum price now. Who knows when the big dump will come again after the big pump.

dont hodl ur breath

Wel maybe but the ones who invested in ETH are probably happier than me who invested in btc ><

Hell yeah! I doubled my money in four days haha of course there's gonna be pump&dumps like these in the beginning, but it doesn't matter - the Ethereum network is the future, so even if you buy now, in a couple of years the price will be over $50 or even over $100 so you'll get major returns nonetheless. But, personally, I'd say you missed this pump, wait until it's dumped again and buy in, then HOOOOOLD  ;D

Well done - but how much did you invest?  A doubling is great but if it is only from $.06 to $.12 then it is not as cool as if you had put you house on it!

Eth is a scam! get out before it crashes!!

It might crash. But the price could go up to  $15 before it crashes. If there is good development, the price will rise.

Doubling money is easy when you consider the successfull one. But did you already lost all your money by betting on the wrong alt? :p

Cause I did once  :(

The key is to choose the winner of the crypto currency. It is very difficult. Most people lose in the altcoin.

Go back and search this forum to see how many times bitcoin has been called a pump and dump scam. Only time will tell if Ethereum has legs. A good sign would be if ETH/BTC price takes out the 2/12 high.

I'd say 50.  Or 50.  Or 50/50 .

 ???

I made a picture form last 24 hours to put in perspective.


https://i.imgur.com/ZXUUiAo.png

The dump already happened on 2/18. The price is down but not on heavy volume, may be a dead cat bounce, or normal volatility. I think it is important to hold .012 level.

https://bitcoinnewsmagazine.com/wp-content/uploads/2015/05/ethbtx.png

Why would someone pump and then dump at the same price?  You are retarded

This thread is hilarious. The LTC bag hodlers in particular, lol.

Ethereum is currently in alpha phase. Soon to be in Beta phase (Homestead). Its not meant to be used by anyone but developers at this point. It doesn't have "currency" friendly tools because it is not meant to be used as a currency! The notion that it will compete with bitcoin is just ridiculous.

If you are not a dev, you should just stay out of the game and check back in when the Metropolis release is done - probably summer 2016. This release will have pretty UIs with an app store and features that will appeal to end users. This release will make it obvious how this is a decentralized application platform that will be very disruptive and valuable.

Or the devs will fail and it won't deliver any of that and the price will crash for good. IMO, if you want to bet on the devs being able to deliver, buy a little Eth and walk away and come back this summer.

In the meantime, the traders, whales and fomos will have their fun doing their thing. Pumping and Dumping, and making Polo lots of money. None of that really matters because if the devs deliver, the network will be valuable, and if they don't, it will be worthless.

I invested 1,300 euro and doubled it :)

I guess you do not understand how the pump and dump works ::). Pump it to get higher volume than dump it when the buy orders build up.

What a load of horse shit.

I agree with you that it is unethical and a bad move for the coin, but I do not think I would use the same reference about the fecal matter of a horse.

I am new to Ethereum, in fact to altcoins. Etherium seems to be most promising for an outsider. I wish to buy some but i wonder if i am too late for that. What is the best price range to enter and how much raise can i expect?

P.S; I am looking for a shor time profit.

Seems mini pumps happen almost daily anymore. Just look at the chart for the past few weeks and pick out the pattern, it looks basically like a roller coaster. Just buy in a trough (valley) and sell at a peak (hill). Don't try to pick the perfect bottoms or tops and don't be greedy, once your position has made a tidy little profit, cash out and wait for the next ride.

Thank you for your feedback. It is interesting to see pumps daily. Don`t you think it can be unhealthy for the future of Ethereum? What are the price expectetions of Ethereum for the future?

WOW a whole lot of noob accounts running their mouth and the rest older users idiots







exactly..



APP'z

So why is this scam launched IPO scammy shit ""coin"" posted here in the first place if it's NOT a "Currency" ?

By the way..

- IPO.
- SCAM LAUNCH.
- Pump & DUMP.

You REALLY need more ?

And who here thinks any of these stupid shit coins will matter in five years ?
I will bet the guys crying about investing in BTC instead of ETH will be kicking themselves in the ass
when they see BTC matters and ETH does not in five years.

What we have hear is s deceitful marketing campaign by an organized group.
Don't be low hanging fruit people.. do your research before investing (rather than listening to advertisers here)
and start with the coins launch !
Hint: follow the fucking money.

I thought after the Ethereum price reached $7, it will crash to $4. Now it is still over $5.5. People are so confident.

Spoetnik

Marketing campaign? 

There's about 4 or 5 posters on here that support Ethereum.  And a whole load of threads made by haters.  Is this what a "marketing campaign" looks like to you?

Which doesn't mean it doesn't have value. Oil is not a currency, but it still holds value.

The blockchain technology holds a lot of potential. How exactly it is realized is up for debate and can only be proven out by the development of those platforms. I do believe that in 5 years, the Ethereum network will be quite valuable in providing smart contract services.

This recent dump was a clear coordinated dump. A lot of optimization about the ETH and the upcoming conference. A lot of new money flowing into ETH. It was the classic buy on the rumor and sell on the news...I just didn't sell at the top, but way up from the pre-sale.

I do not think there is any dump. The price is still over 0.01 bitcoin. It is much higher than 1 month ago.

If that's the case i will dump my ehtereum first before they start dumping.. So that i can make a profit even  a little pump of ehtereum price ..
But i think i don;t believe that they can dump it easily..

LIAR.

Vitalik .

EDIT:

What was up with the MILLIONS of dollars of coins moving BEFORE launch ?
NOBODY heard of ETH back then yet there was blocks of coins moving in the millions of dollars range.
This was highlighted on PAGE ONE of my ETH scam topic started 2 years ago.
Anyone care ?
Fuck no !

WHY ?

Because your stupid & Greedy

NOTHING ever changes here.. EVER !

Drown assholes.. i do not feel sorry for people who turn a blind eye to scammy behavior so they can profit off a Pyramid scheme.
You make your bed then sleep in it..
The only people who will hold your hand are the ones who have their other hand in YOUR POCKET !

Who you gonna listen to someone who has exposed TONS of these same asshole scammers here
or brand new noob accounts advertising this flavor of the month Pump & Dump coin ?

Want some cred you little noob shits ?
How many scams have you exposed ?
My resume speaks for it's self so sit down and shut the fuck up.
And get a job.. McDonalds is hiring idiots.

OR ?
take your shitty ass Mommy's money and buy BlockNET or Carbon Coin at Cryptsy ROLFLLFLF

Lemme know how that greedy stupidity works out for ya little girls..
And maybe change your name and make another coin about it scammy losers ::)

Incoherent ramblings

Yeh good choice, I did the same I was thinking that the price will go down any moment again.

This battle at 1 price spot can't really hold for long, but just keep a 1/few ethereum just in case.

And if it is really a scam why are they working with microsoft and explaining stuff to the european parliament?

I don't think it is necessarily unhealthy as all cryptocurrencies are mostly speculative investments at this point in time. Not much different than the stock market really, expect a bit of turbulence every now and then and with trading in crypto's you can multiply that by 10.

Lot of people on here beating drums and/or screaming, either for or against, but watching the charts and picking good entry and exit points, I have probably tripled my initial investment in ETH already. So I don't know what its future is, but for right now it is a means to make money.

As far as if it survives long-term or not, that has more to do with the developers and if they can deliver what they have laid out. I do not think the pumps/dumps will have an impact long-term, with the exception that the overall rise in price the past few months has secured Ethereum's development for the next 5 years, so I think that is a plus.

There are many small mini pump and dumps recently. The price rise or drops 8%. The price does not change too much.

Yes that is what I am thinking as well, its like stable around 6 dollar.
But to unstable to just hold on this price..

I Saw Vitalik also posted some new blog message:

https://blog.ethereum.org/2016/02/29/homestead-release/

What do you think the homestead release will do to the price now?

The release itself is assuredly "priced" in already. It was widely expected and has been telegraphed since forever so no surprises. Seems like that is a good thing overall for stability.

Its possible there could be some related good news type events that were waiting for the Homestead release such as being added to some of the bigger exchanges or announcements of new DApps that could impact the price.

ETH is now over $7

Yes, I also think the Homestead release news has been "priced in" to some extent. I still think we may see some slight upwards movement and stabilization though as a result. This news shows milestones are being met and development continues, so that helps to dispense with some of the FUD and instills a bit more confidence into the investors minds.

Yes and also most important news actually was this: http://www.coindesk.com/microsoft-ethereum-startup-blockchain/ (http://www.coindesk.com/microsoft-ethereum-startup-blockchain/)

Look at the time posted 14:30 and look at the exchange graph it goes ham a hour after.

This means any good news about ethereum will bring more people in.

Especially if it has a big name to it like Microsoft in the Title.

It might help but the Azure hype can be misleading, as Azure is almost as old as Bitcoin and is limited to a small market of users.

Would Ethereum reach 20$ ??

I don't think so but it can easily reach $10 now. Someone is pumping the price upwards and ETH will easily go above 0.02 and beyond.
The volume for ETH is huge.

Pump and dump scam atificially rising price to get more noobs to buy at high artificial price.

bitcoinlitcoinbtcltc im new here and into mining,but even i dont/cant take you serious.You're just a sucky LTC holder.LTC silver to bitcoin gold,rofl,this marketing could only work for beliebers.

Id have to agree with bitcoinlitcoinbtcltc on this one. the prices are being pushed artificially high and it may be possible that you could buy in now and still make profit but a lot of people will be wanting to cash out very soon since the price has gone so high.

But ofcourse theres some pump,that is the case with every other altcoin and even bitcoin itself.So he doesnt say anything new,except hes only targeting this towards ethereum while praising  his LTC bag.

ETH price going up but everyone fear to buy more ETH

My guess would be it will get pumped up to try and break the 0.02 mark and then hope that more people start buying with confidence and then the big sells will appear. Im quite happy just watching from the sideline.

If you'd consider it is pumpend by MSFT and Gates it just goes to da moon non stop....

Of course the good news, will positively influence the distribution of coins and its growth. But what happens now? (Not really what this jumping out of the news from Microsoft Azure)
As for me, now it goes active Pump, followed by a sharp jump downwards.
On the one hand it's good, but for long-term growth, it is just self-indulgence.

Yes. Everbody needs to do proper risk analysis first. To remind that very high frequently is much more better than cheerlead others to lose money.

Highly doubt it because recently someone keeps pumping and dumping ETH price

And this means lots of  volatility is going on

I would like to see what happens for the long term

Such ass backwards thought processes and mental gymnastics

Of course ETH will reach $20!  It will go much higher than $20 because people are sick of: A. Bitcoin and B. Shitcoins

Ethereum being neither bitcoin or a shitcoin will dominate in a market which consists entirely of bitcoin and shitcoins

Yeah Microsoft is in this time =)

And they're right to!

Huge buble incoming, when it explodes you won't like it!

So you think? Then you prove yourself to be a dumb investor.

ETH is NOT a coin. ETH isn't a currency and wasn't created to be one. ETH will crash because people think it's a btc concurrent whereas it has nothing to do with coins. There is a reason why there isn't the word "coin" in its name you know? ^^

Is this now the criteria for finding fair valuations of crypto?

Time will tell.

ETH actually has some new things to bring in the game. It's the best of several coins combines.

I agree the current pump is a little bit high but remember ETH is build on cutting edge tech.

"A bit high"

Thats what everyone was saying a month ago, 2 months ago, but it kept going up.

"A bit high" is relative.  In another month this current price could seem ridiculously low


Satoshi Nakamoto (real name Nick Szabo) tweeted about ETH today:

https://mobile.twitter.com/NickSzabo4/status/705104459718758400

Yeah sure, with Jeanne d'Arc too.

And the question is just that ETH is not a currency. But 99% of people buying ETH in mass don't understand it.

A lot of people is going to lose a lot of money on this.the more I read about this the more I believe it's over hyped.but aloft of people don't read they just follow the price and panick. Hope they can get out in time.

In part you are right .But you consider it more as a high-yield investment than cryptocurrency .

Explain how I can't use ETH as a currency, I'm waiting.....

Ofc eth can also be used as a currency,but because their devs wanted to point OUT that it can be more than just a currency (bitcoin anyone?),they didnt focus their efforts in that direction.And thats good because,my opinion,theres just no room for another crypto"currency" that can be used as a real currency and be widely adopted/accepted as bitcoin currently is,not in the short-medium term atleast.

Never said that. Re read me please.

I said ETH was not a currency. Not that it can't be used this way.
If tomorrow everyone agrees on the fact that coca botle caps worth 5$, they can use the caps as a curency. It doesn't mean it was the initial goal.

I will shortly begin to accept ETH in the business that I run.  So I will be living proof.

Stream it on twitch,stoat ! ;D

The pump is going on. But is it a scam? I don't think so.
The coin is good and you can see people like how it is developing now.

Why You all say they are really pumping this coin??
Can you give me any proof of this?
Because I think this actually has real potential.
I checked some video's about Ethereum the other day and I understand it better now.
And I don't think it is a simple pump and dump, ethereum is here to stay!
And I think it will surprise people with there scepticism!

Ethereum is just as much of a pump & dump scam as Bitcoin is.
If you think there isn't any reason for Ethereum to be this 'high' (we haven't seen anything yet) please give me one good reason why 1 Bitcoin is worth 425 dollar atm.

Because it is a way better financial system then the current we have in fiat.
And you can send big amount's of money to anyone in the world quickly.

Also there are only 21 million Bitcoins so that is not a lot.
Because if more and more people are going in Bitcoin the price will go up.
And I really the price should be so high, A virtual currency is the future.

The world only has to determine which one.

Bitcoin is worth $425 because other people want to pay $425 to buy it. It is very useful in certain transactions.

Here we go guys!

That was unexpected. I think LTC its done after this

The price rose just now. I thought it would be around 0.02 to consolidate for a few weeks. But it is 0.025 now.

The price is 0.031 now. It is rising too fast. It seems there is no consolidation is required for the Ethereum coin.

I am long-term bullish on Eth, but agree the rise is too fast. We are going to see another 50% drop here sooner or later, just keep that in mind. Meaning if you already sold to take profit, or are considering to sell, don't be tempted to buy back in right away. Also for those just joining, it would be best to wait until after the correction.

Looking at the last big correction (Jan 11-17) we saw a 50% drop in the days following the dump, so I would expect the same to hold true this time. This would mean with Eth currently trading at 30-32 range we are potentially looking at a drop down into 0.015 - 16 or so. A good re-entry point would probably be anything under 0.020 as I believe it will reclaim 0.030's again a week or so after bottoming. Of course this outlook will need to adjust depending on high high the current trend rises before topping out, but it is what I am basically planning my strategy around.

The rising is too fast and there will likely be a dump... but probably will hold a good measure of its value. It's simply to much money going in to dissapear out of the blue.

Regret selling my little 0.3 eth earned from faucets at about half of this price...

Yes. i am also regret as I sold most of my Ethereum at 0.003bitcoin. That is alsomot 10% of present price. I will keep the rest.

Wow man that kinda sucks, really why would you sell so quickly is my question.
I wish I saw ethereum back when it was still in the Ico.

I discovered it when it was 3 dollar and bought a few then at like 11.50 i bought 4.4 more!
Just because I think the price, for such a revolutionary technology is still low.

And I would hate myself if I missed that boat again, at the moment it is still really early for ethereum as well.
There aren't even good dapps available, so when that comes I suspect a price increase.

If he does not sell the Ethereum to the whales at low prices, these whales will not pump the price. Whales are not charity.

ETH is still expensive. Lots of air must come out of the
bubble. Dumps will continue.

http://s12.postimg.org/l71pf2vbh/etherchart.png

Agree! I sold my last Eth at $11.24. The air was getting to thin at this highs. The fair price is around $4 to $5 at the moment. I guess Eth will see at least $6 or $7 again before their is space to rise again.

If the Ethereum drops to $5, it is still very high relative to the price in early this year. I will buy some when the price rises from there.

It was too good to be true. Chart is just like any other altcoin pump & dump in the past :S

Exactly, whale pumpers are now busy cashing out.

Whaou, it was the right time for sure!

Well. Pump and Dump scam can be profitable but that was too risky IMHO

You could always get in with whatever you want and also get out when you want.If you are mining with a couple of Rigs then it will always be Win-Win situation and it takes 3-4 months time to get the ROI while assuming the price to be 25% of what it is now.
Though,I don't think it will go back that down.

You are kinda lucky then, I had a sell order out at 0.03.
But then it rises a lot and I removed the sell order because I thought it would even go higher.

My mistake because right after 0.03 it went down kinda hard.
And I even bought some more at 0.02900001, So I don't really care for the short term gains.

Im atleast going to hold Ethereum 1-2 years, minimum!

I am Downloading the blockchain as we speak, I had a little bit of problems.
But when I synct my clock it was all good!

If you hold that 1 year, you will be one of the fools who loses all the money he invested in ETH. ETH is technologically flawed and won't be fixable, because the design team is pursuing utter nonsense.

Who cares if I loose my 50 euro.
If I am right I will get a lot more, and Ethereum looks like 1 of the more promising things here in the cryptoworld.
You got to take risks in life and I wouldn't really care if I lost my money on this project.
Because I think they are smart and look why would they number 2 otherwise, Because they are shit I don't think so
I don't know why you hate so much on Ethereum.

that is right. I did not sell my bitcoin in the 2013. I will also not sell at the price in this year or next. I will hold for the long term.

As long as some people hold and not sell a price "floor" remains sturdy! I've largely stopped monitoring the price of Ethereum at this point. My only regret is not having bought more a few months ago.

I remember its price in January.... Bougth some at 0.88 but sold at 1 --' ... Im buying more also thinking in a long term

I mine Ethereum. I sold most when the price was 0.0033. I thought that was the top of the price range at the time.

I sold most of Ethereum at $1.33, my averaging sell price from Feb to early March. I will keep the rest for longer.

I almost bought ~15000 ETH during the pre-sale...instead gambled and lost the btc I had on sports. ETH would have been a better gamble..

People will get burned so fucking hard from this. Now would be a good time to take profits from this altcoin pump! The chart is screaming for you to take profits guys!

15,000 Eth would be worth $200,000 today. It seems you have lost a lot of potential money. Well just potential profit.

Back in July of 2013, I downloaded the BTC Blockchain of about 8GB, and that was after it was in the wild for 3 years.  The ETH blockchain after only about 2 years is about 21GB.  Now BTC blockchain is at 60GB as of Jan 2016 and is growing ~10GB per quarter.  So if ETH grew 2.6x faster than BTC in just 2 years vs BTC in 3 years, its seems there is a phenomenal growth rate between the two.  

If after 5 years BTC is at 60GB and growing ~10GB per quarter, then we are looking at TBs blockchains in a few years for both cryptos.  Thus, this speaks volumes towards centralised data centers to maintain the huge databases. We are talking about VISA size data centers, whatever happened to the decentralised network concepts of Satoshi?

Can pruning be implemented in some manner via the checkpoints?
Or is the blockchains just going to ever get larger and more centralised?

Umm, you can get a 4 TB drive on Newegg for only $119 - http://www.newegg.com/Product/Product.aspx?Item=N82E16822178338&ignorebbr=1

I think we are a long ways for needing data-centers, much less "VISA size data centers" to store the blockchain, so I think it is a bit early to be proclaiming the doom and gloom due to centralization.

While I will agree that the size could benefit from some type of pruning action, the biggest constraint currently is the time it take to download the blockchain from scratch. There are bootstrap downloads available, but bandwidth seems the biggest roadblock. Although it is a concern, it is by no means the end of decentralization, mainly an inconvenience.

Yes. Looking at the liquidity this gonna be a monster rollover. Putting very bad news to the crypto markets in total.  Shame.

Then I still have no clue how all the problems can be solved with the current design.

But if, then Rootstock could be final winner with the BTC side chain and smart contracts on top.

Anyway, looks doomy now.

Just wondering, why do you think the chart looks this bad. I mean if you are being a day trader then you are probably right. But this is something unique. You can not compare it with usual technical analysis patterns.

I too have mixed feelings on this but i am more inclined towards the dump anyway.Ether had a pretty big market even before this pump and it is possible that people might just accept this price and get used to it but there will be a dump for sure cause mining is extraordinarily profitable right now.

I told ya to take profits! I hope you listened..

Hmm well it didn't really go down much yet. I guess a single bagholder got shaken out. I will wait for the big one and the panic.

Well, that was fun. I assume there are some rich and twitchy fingers interested in going straight to USD on Bitfinex. It's going to be a fun ride whatever happens.

Ethereum is likely going to be the poster child for why the SEC will claim it has to 'begin to regulate crypto'.

you could be a genius... but many have tried and failed to be the coin that wasn't a ponzi..... I think your holding faith will be tested.... as will my skepticism.

My guess is that ETH isn't even close to a scalable global crypto.... it will ponzi bubble and then maintain some price somewhere near its utility as a non-currency....

vitalik and vlad have both admitted they don't actually know how to scale it.  it's still a "research project".  scaling it (according to the technobabble they've been spewing about how they think they'll do it) would violate the cap theorem.  you know why they're leaving the scaling to the last part of the coding process? cuz they can't do it.  oh ya and it has zero use cases and most dapps are abandoned.

Yeah... but you don't need anything real to be worth a billion dollars apparently.

It will be real in a few months.

even if its real does not make it worth anything :)

The price is still over $10. If it is $1, I think there is a dump.

Someone who I trust told me Bob and a group of pump group leaders pumped eth. Prom may have been one of them.

Who are those people? Are they known big whales?

I think they are just made up. A big whale will not let you know their identity. They want to earn big money.

Whales always buy for profit. The question is how long will they hold and how much they believe in what they bought.

For the Ethereum whales, they would have close dialogue with the Ethereum development team. So they have some confidence.

But I am not sure if they have some inside information as the announcement of the new product is known to us all.

A lot of projects are starting to see an increased coverage in the news which is drawing people into looking at Ethereum more deeply. This is a self-perpetuating cycle as the more the price moves, the more people become interested, the more articles are written and the more the price moves. Classically this has characteristics of a bubble but the underlying characteristics of Ethereum could be potentially huge. It comes down to valuation and whether the value is being overhyped or not.

I wrote this close to ATH. I hope people listened!  :-\  :'(

And I told them they were being fooled by the deadcat bounce:

I sold some when the price was around $0.03. I think the recent correction is healthy for Ethereum. I will buy some after the consolidation.

Google it noob you are embarrassing yourself (and the other dumb ass noobs too)

- Plausible deniability is worth money cash fiat dollars $$$

How so ?
Simple.. Launch ANY Crypto related "thing" for no purpose other than to make money.
Craft it in such a way so that the people who defend it can imply a plausible alternate excuse for why "it" exists.
(It all started with Altcoin CLONES that tried to tack on value added services)

Too me a coin like Monero with "Anon" features or a coin like Ethereum with "DAPP's" fits the bill perfectly.

It's always been this way and i you can't see it i will say the most typed out comment i have ever said here..
You are all dumb and in denial or are deceitful (or both)

It really is nothing but a giant scam full of 75% noob / dummy fake accounts playing stupid for bucks $$$
I don't even think most real noobs will fall for most of these coin scams.

Keep creating new accounts and POSTING obvious bullshit for money guys.
Let me know how it works out for ya.. or just hide LOL
I'll know i will be watching ;)

HEY stoat.. WHO ARE YOU?
Don't tell me you went back into hiding again?  :D

ETH = Scam ..said me in 2014 when it launched.
Others agreed and posted proof.. what happened later simply reinforced what we already knew.

The problem is who u trust are not trustworthy. Nobody trusts them so u shouldnt too.

Depends on when you got in.
If you got in when the price was $0.75, you really won't feel bad about not selling.  :)

The cost of my mining was about $0.5. I still think I should have sold when the price was $15. So it depends on individual.

That mining cost was 3 month ago's cost. Today's mining is much higher, probably it is $4 for most people.

The whales are going to dump the price much more and will continue to dump untill they reach their required price and after that the news about the price rise will start and everyone will rush to buy it and then an era will start when everyone will thing to invest in ethereum.

Even so, it represents 50% profit for the miners at a selling price of $8.
These two have to converge quickly before people start buying. Right now, they can easily mine if they want to, instead of buying paying such a huge premium.

Totally New to Ethereum, but now looks like going down. What is the best advice for newbie to Altcoin and specially Ethereum, is it good to buy now or wait little bit ? if wait how long and what price should newbie can buy ? Thanks

only start buying now if you can wait to see roi and only if you have enough btc to continue buying as it continues to drop for the next few months.

in my opinion, in trading altcoin, don't trust 100% anyone who give you signal, you must research before buying/selling your ETH.
i think ETH is best market if you can analisys when time to buy and when time to sell.

The price of the Ethereum is very volatile. It just rose from 0.16x to 0.20x. That is very difficult for us to trade.

Best advice is: do your own DD and don't listen to others for crypto investment advice. If you cannot do due diligence by yourself then stay out of crypto investments. 95 percent of all crypto coins are junk. Created only to enrich its "developers" (better: copy cats).

Reading this thread starting from page 1 was really big fun. There were so many BS postings that you cannot take 90 percent of these posters seriously. Ethereum is IMHO a crypto coin built by highly intelligent folks with a huge potential. There are also risks that Ethereum might not succeed. As always the calculation is RISK versus potential REWARD. While risk is non zero, potential reward is IMHO huge.

Hint: forget copy cat coins...   ;D

Amen
 

Well said and totally salient advice.

Thx for the flowers ;)

Some additional hints for a newbie investor:

When evaluating a crypyo investment...

* First visit coin's homepage. Some coins even don't have a working homepage (lol).

* Who are the developers? Look at developer pictures.  Sometimes an image says more than those 1000 words written/copied into a "white paper".

* What have these devs done before? (Bitcointalk and Google are your friends). If the only professional experience of a "coin founder" is his prior employment as a trollbox moderator (UTC coin) - is this a good or a bad sign? If a developer has abandoned 2 previous projects, how high are the chances that he will abandon/crash that 3rd project you are investing in (LISK)? A successful coin needs a good business model and top developers. Good marketing is a plus.

* Check Reddit, Twitter for that coin. Only a few postings, no new postings, no active developer AND user community are very bad signs.

* Is your prospective investment a first mover or a copy cat of a copy cat coin (bitcoin->litecoin->feathercoin)? Copy cats without a distinctive new feature set will never win against its parent coin. To succeed they would have to grow FASTER than their parent coin. To grow faster, that new coin has to offer some features which are unique and are sought after by the market.

* If YOU think that your prospective investment has a really good reward to risk ratio then buy and hold it. Daytrading is for pros (but not for newbies) or for those folks who are in need accumulating bragging points. Most daytraders (and gamblers ;) ) are lying to themselves and others about their successes.

* If you are investing early in a successful coin, it doesn't matter whether you bought in at price x or price x+50 percent. If you where buying bitcoin before 2013, each entry price was OK. Instead of mining use your hardware money and buy that coin. Much better reward if you are expecting a longterm rising coin value.

* Never trust swarm intelligence in a forum like Bitcointalk. Instead of swam intelligence you'll often find swarm Dunning Kruger effect.  https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect (https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect) .

Good look and don't get greedy ;)


  

The mining cost is definitely higher, but not quite by that much. I have one rig that does 80 MHash/sec and still generates a bit over 1 ETH per day mining. It draws 800 watts from the wall, or 19.2 KWh/day. So even at 10 cents a KWH, 1 ETH runs about $1.90 in electricity. Of course this assumes the rig is paid for, if you are still trying to ROI on equipment then it would be more. So as long as ETH stays above $2 and difficulty doesn't increase much more, mining profit is still there.

My electricity price is $0.2 kWh, so my cost of mining is about $4 each. I will not invest in new rigs now.

$0.2/kWh price is too high for mining profitable if you consider the other efforts you put into the mining.

That is right. We spend a lot of time doing the mining related job. If you calculate the time used, it will also cost money.

The price of the Etheruem was dumped to 0.016, then it rose back to 0.02. I do not know how long it will last.

The price is going down to 0.018 now. So the price of the Etherum is quite volatile, it is bad for adoption.

If the price is stable around this range for the next few months, and the development continues, the price will rise later.

It's actually hanging around at 0.02 right now. I personally think it's a good time to get out of ether before it comes crashing down. There is simply too much currency supply controlled by one single group to make the system work.

The Slock DAO ICO will last for a few days. That will support the price for a while. I think the price will rise again.

Currently more than 2 Mio Ether (~2.5% of Ether supply) have been moved into The DAO ( https://daostats.github.io/tokenvol.html ). After another week there should be another 2% of Ether gone into The DAO. Your belief of Ether "crashing down" will remain unfulfilled ;)

Currently there are 2 coins who are making the music: BTC (24h volume: 49 Mio USD) and ETH (24 h vol: 18 Mio USD). No other coins have comparable USD volumes. 3rd place is LTC with a paltry 24 h volume of 0,84 Mio USD. Huge ETH volume is smart money moving from BTC to that so called "Ethereum Pump & Dump Scam".  Dumb money is hoping to repeat profits of Ether ICO  and is piling up on that Lisk 2 man show, a coin with great marketing but without developers. -> fail. 

The Gemini exchange will also add the Ethereum to its trading range. It is a proper exchange based in NewYork.

The Etereum price rose this week. That might have something to do with the list in the Gemini exchange.

Ffs read up about the exchange before you try to spread wild accusations. Do you think that they achieve regulation and technologically altered their exchange in 1 week just because the price was rising. Muppet.

The Ethereum price is rising again, I thought it would drop below $10 and I could buy more cheaply.

I do not understand why the price is still so strong. The DAO finished a few days ago, and many people said the price would crash.

Ether is a major scam, if you're smart enhough you can manipulate those smart-contracts to steal other's money, ppl dont lealize that yet. Hackers will be having a time of there life.

Market cap is end-less, Vitalik creates ETH just out of thin air.

If ETH value goes down all those DOA project wil go down too.

When Rootstock is ready, ETH is history.

You are doing real money investment consulting "advisors" from BCT? lol.

Do your own dd using reliable sources.
All those loud mouth hypers, pumpers and scam talkers at BCT are not a reliable source.

BTW: price is so strong because Mr. Market thinks that it's worth it.

I can also tell you leocoin scam man is redirecting all the miners they foold ppl to rent for them, and is now mining ethereum with it insted of there own leocoin.
They just had an event in Borlänge Sweden and i confronted Mi*** Maguida abaut all the shit i see, and he went in panic mode and started calling ppl behind a wall.

So i just got political awnsers, with that i mean he just slimed his way araound everything i asked him.
Got his card for some reasone.

sry for my poor english.

I was thinking of buying some below $7, which was the bottom of the last dump. But it sees it might reach that level.

So the Ethereum is a pump scam so far. There is no dump yet. I think it is not a dump scam yet.

We all know that. The beauty of Etheruem is that it is a fuel for the smart contract system. it can also support DAO.

I heard that some companies a building a platform for smart contract based on the bitcoin. it might come out next year.

I do not think that will be able to compete with the Etheruem. Etheruem will be much popular than that.

It's not a pump and dump. its a real project that has come alive. At first when the ico happened I too thought it was all a big scam put on by some whales, but it turned out to be one of the most legit projects crypto has seen so far.

The price of Etheruem might be pumped from $0.4 to $15. But there is not dump of it, the price is still high.

That could just mean the Etheruem is not over valued at the current price. It might be over valued at higher price.

It is difficult to say. If there is a bad news about the Etheruem, its price will drop. It depends on the big whales.

It seems there is no big news about the Ethereum price in the short term. The price will drift a bit.

I will be buying a few more eth cause i think it will be punped to $20 soon

But who would use Ethereum when you can use a sidechain token that does the same and has superior security due higher hashrate and without having to deal with another token (ETH)?

Honestly I don't see a single advantage of using ETH instead of BTC sidechains.               

If the bitcoin side chain comes out too late and people already use the Etheruem, they will keep on using it.

If smart contracts on blockchains do not scale or you cannot earn money with, they will keep not using this....

Do you mean the Etheruem block chain can scale better than the bitcoin block chain? The bitcoin block size is too small.

an epic battle of the chains ETH-ETC

http://www.forbes.com/sites/francescoppola/2016/07/28/ethereum-the-battle-of-the-chains/#31ae2eef4a80

what a beautiful time to be shitcoining

Yes, it is undoubted, but I can't understand how this fake coin can still survive with a relatively high price despite its proven scam. It is just a matter of time to see its unavoidable fail, although these days markets are buying even sheet in order to speculate.

PnD scam or not , just benefit from the waves and make some profit !  ETH forked in flavor of the investors, ETC flavors the thief..
do your part and move on ! :) trade!!!!

For the miners, they do not care about the Ethereum, ETH or ETC. They will just mine and sell the coins.

That is right. There are few miners for the Ethereum now. That is because there are more profitable coins.

But the Ethereum mining is still the largest. People are mining the ETC now. The hashing increased a lot.

There could be a big drop with the ETC soon.

https://www.reddit.com/r/ethereum/comments/4vurb4/vitalik_buterin_on_twitter_i_am_working_100_on_eth/?st=ireg7ymy&sh=24ec80ec

So there will fewer developers who will support the ETC. Maybe the DAO hacker has to donate some ETC to attract developers.

both coisn should be dead.  etc and eth.

become a joke and just whales play things.

The situation will be more interesting if the DAO hacker claim he will support the further development of ETC.

That is not possible. He will short the ETC now and claim that he will dump the coins and crash the price.

too much volume in eth for it to be pumped and dumped

well you are right about it, there is no need to be interested in the news as long as you manage to make reasonable profit, though soon eth is going to be not profitable

though i doubt that miners dont hold any of the coins, i think it is just like a long term investment for them so it would be kinda smart to hold it and get the latest news on it

Pump and dump is dynamic trading altcoin, is not zero or one satoshi price is no problem
until now ethereum is till good coin and the big 3 cryptcoin bitcoin litecoin and ethreum
is about volume transaction

The volume of the Ethereum has reduced a lot. The combined volume is just 50,000 now, reduced from 200,000.

The combined ETC+ETH volume is around 10,000 at the moment. It seems investors are losing interest in them.

No, there's the long weekend with the 15th of August being a holiday in many places.

+1 this is true ..meanwhile BTC going to pamp..erm pump hard sooooon  8)

The total Ethereum volume is around 12,000 in Poloniex. Yesterday, the Dash had highest volume, the day before, the Maidsafe.

Today, the Monero has the highest volume. The price has also risen a lot. It seems people are interested in the anonymous coins now.

The volume of Monero is still around 5,000 in the Poloniex. It seems the Monero is still in good demand at present.

The Monero has good community and strong developers. So it is not a surprise that investors find some value.

The price of Ethereum is also rising a lot in the past few days. The volume is picking up. So the Ethereum is still alive after the attack.

I think if the Ethereum price drop a bit to below 0.017 or lower, that would be a very good time to buy more.

You might be disappointed now. The price of the Etheurem is steadily above the 0.019 for the last few days.

Well if you read ethereum news, and there's quite alot of them, you'll understand why. Projects, projects, dapps, and giants supporting it one way or another.

There's a saying you cannot put a good crypto currency down. The price will keep on rising no matter what.

If there is continuous development of that coin and it s supported by a good community, the price will rise.

Yeah it needs more develop and it can happen with ethereum the price will increase too check coinbase they are also accepting ethereum right now.
But after that no adoption that i heard as of now..

There are good adoption of the bitcoin. That can be proved by the increasing of the daily transactions.

There are lots of new development for the ETH.

Microsoft and Bank of America Merrill Lynch Collaborate to Transform Trade Finance Transacting With Azure Blockchain as a Service

Today at Sibos, an annual conference organized by SWIFT for the financial industry, Microsoft Corp. and Bank of America Merrill Lynch announced a collaboration on blockchain technology to fuel transformation of trade finance transacting.

As part of this collaboration, the two companies will build and test technology, create frameworks, and establish best practices for blockchain-powered exchanges between businesses and their customers and banks. Microsoft Treasury experts will serve as advisors and initial test clients, establishing the first Microsoft Azure-powered blockchain transaction between a major corporate treasury and financial institution.

“By working with Bank of America Merrill Lynch on cloud-based blockchain technology, we aim to increase efficiency and reduce risk in our own treasury operations,” said Amy Hood, executive vice president and chief financial officer at Microsoft. “Businesses across the globe – including Microsoft – are undergoing digital transformation to grow, compete, and be more agile, and we see significant potential for blockchain to drive this transformation.”

Currently, underlying trade finance processes are highly manual, time-consuming and costly. With blockchain, processes can be digitized and automated, transaction settlement times shortened, and business logic applied to related data, creating a host of potential benefits for businesses and financial institutions including: more predictable working capital, reduced counterparty risk, improved operational efficiency, and enhanced audit transparency, among other benefits.

“The potential benefits of blockchain will help drive meaningful supply chain efficiencies to the clients of both Microsoft and the bank. This project is another example of our continued commitment to introduce financial innovations for the betterment of global commerce,” said Ather Williams, head of Global Transaction Services at Bank of America Merrill Lynch. 

“We are excited to be working with Microsoft on this groundbreaking blockchain proof of concept that has the potential to help redefine, digitize, and improve how trade finance instruments are executed today,” said Percy Batliwalla, head of Global Trade and Supply Chain Finance at Bank of America Merrill Lynch. 

Microsoft Azure Blockchain as a Service was first introduced in November 2015. The global scale, hybrid cloud capabilities, extensive compliance certification portfolio, and enterprise-proven security of Azure provide businesses with confidence and choice, especially in highly regulated industries like financial services, health care and government. More than 80 percent of the world’s largest banks are Azure customers. Furthermore, more than 75 percent of the global systemically important financial institutions are using Azure, representing the highest bar for legal, compliance, security and acquisitions teams.

Development and testing of the initial application, built to optimize the standby letter of credit process, is currently in progress. The Microsoft and Bank of America Merrill Lynch teams will demonstrate the technology at Sibos in Geneva, Switzerland. Following the initial development and testing, the teams will work to refine the technology and evaluate applications to include more complex use cases and additional financial instruments.