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First of all i did not know where to post it so be free to move this topic.

I wanted to talk about the ethereum pump that was happening, i can see that its price has dropped by 25 per cent during the last 24 hours. Was it just a pump and dump? I knew that bitcoin is much stronger than it, bitcoin will be the only world currency soon...

Of course it is. If i see one more spamming Ethereum thread, i think I'm going to scream. Will be so fun to watch all of these noobs lose money when the price collapses haha

Yes.  Don't buy Ethereum.  My advice is to go sourgraping around the forum if that makes you feel better.  :D

I think the pump and dump of Ethereum has finished. The price will stay around present for some time. It might drop.

Or it could be a good opportunity to buy the dips.

it was bound to happen, every time there is a pump this big there will be a drop the same size after it. so you have to expect price going down little by little.

well, this question is keeping me away from sleep  ;D
i bought a good stack of ETH when it was around $0.7. i have made good gain so far but wondering if this was just a short pump.
when the price collapsed 25% yesterday i was sure we will see $1.xx again soon, but surpisingly the price recovered again.
Not sure, but will sell all when price drops under $4 again.

The price seems stable but please remains cautious, nothing prevents that it return $1 again.

Around +13% atm in poloniex. I made almost a 20% profit right now!

the price of Ethereum is too unpredictable. It is very volatile. Do you think the dump has finished?

Who knows...  But 1 billion market cap is possible if the current uptrend continues.

"This is the new normal"

I also think its it for now! 6$ was maxx now its will go slow down! But if you buy at 1$ and sale now its great profit!
Now is time to move to another cryptocurrency! 😜

The trouble is, you're all used to small market cap shitcoin pump and dumps. 

Ethereum started rising on good news. Of course the price spiked and then corrected. But it will settle at a much higher price than before and then continue to grow fast.

Well, it is not the first question about Ethereum's pump.
I personally think, that the price is currently a little too high. The inflation of Ethereum is very high in the first years.
The interest of companies and organization is not that much yet in order to justify this big price increase.

Before this pump, not many people heard about Ethereum. After this pump, it will have more users, so the price will be higher than before.

yup, long term pnd.
it is a solid coin/project but is still overpriced at this point (many groups were all over this at one time).
it'll float high like this awhile then slowly drop back down...maybe not to 300k range but should go down from where it is now.
sure it'll go up higher but over how long or in how long......

How can you have a "long term pump and dump"?  Thats just retarded.  Ethereum is just starting to get famous.

If it is long term pump and dump, then it is like bitcoin. So I think Ethereum will live long. I want it to be developed further.

The Ethereum price is drop fast now. It seems it is a short term pump and dump, even though the pump lasted a month.

The price has risen again. It is in the $6.5 range now. It seems that the Ethereum has very strong support.

I think price will move up again within 2-3 days because pumpers will make it 0.02 then it'll continuously drop and settle at correct price .

This could well happen. I just want the price not to go above 0.02 for the next few months. I would like to consolidate in the current range.

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon ???

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

I would say that is the clear of the overhang. So the price will rise after the 1.2 milllion of Etherum is absorbed.

Wow. What a centralisation all over: Bag holders, mining and exchange.

Big risk!

Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.

Sour grapes post

If you say so, You obviously have some kind of misplaced faith that eth is more than just a pump and dump scheme. You never know, maybe im wrong and eth will crush bitcoin and be worth 1000s . =p

I already read a post addressing this topic yesterday. The only reason why they put so many coins onto Polo is that they want to sell them. But I am wondering what they are waiting for :/

Agree! I am still holding my coins bought at $0.73 and $1.05. Sold half of them at around $5. Waiting to get fully out of it. It really smells like a big dump is ahead.

Bullish

Indicator

That is a good investment. If you hold your coins for longer, you have make a profit of $20 each ethereum coin.

wow that is a good catch, if it is going to a massive dump the ETH price is done

If the owner of the coins is at least half intelligent, he will be selling them slowly, rather then dumping everything in one go. Selling little buy little want affect the price in a one-big-dump style.

now price for one ethereum is 0.01511126 bitcoin :o,
check the latest price now, link is https://bittrex.com/Market/Index?MarketName=BTC-ETH

There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's worth of ETH trading.

Besides, how can we know this is not just Poloniex themselves moving around their reserves?

Half a billion market cap. This coin isnt going to crash any time soon. One of the few coins that is worth an investment. I'm not buying in to the $40 per coin some have been schilling but I can see it easily reaching $15
If your a newbie and have half a bitcoin put it on this coin and leave it without staring at the exchange all day. Leave it for weeks then take a gander.

The owner of the 1.2M ETH is not that stupid enough to dump everything in one shot and destroy the market. All he have to do is to sell by batches and he can also manipulate the market to buy cheaper if he wants. The whale won't dump when Homestead is not released yet.

Ethereum to day still increasing in yobit but its hard to decide if i will buy ethereum right now or not.
I will wait for the price dump that i can afford to buy..

He must have some insider knowledge, a good reason. Such an action is not unplanned.
He could do many things from hard dump to smart order routing / ice bergs or just simple market making to reduce volatility and spreads....

Ok but do you really think that dumping <1.5% of available supply can destroy the market? It's the same as saying that the Winklevoss twins can destroy bitcoin because they hold 1.x% of the available bitcoin.

Or it could just be Poloniex rearranging their own wallets.

That moment when you bought ETH at $0.5 and now its $6.5

Stay mad haters

Now its a different thing if anybody buy  at 6.5 may lose up to 0.5 so those who got lot of money keep buying if you wish to lose .

If the Ethereum has active development and keep on releasing good software, the price will rise in the future.

As an Ethereum stake holder this proceeding is very scary. Is there another possibility why someone is transferring so many coins to an exchange except to sell all these coins?  ::)

If the 1.2 million of coins are cleared without suppressing the price too much, it will give us confidence.

The news that 1.2 million coins had been trasferred to poloniex had very little effect on the price.  This shows the confidence of the market.   If satoshis BTC were to start moving bitcoiners would shit the bed.

It just shows how much confidence there is in ETH.  And there should be, it's the best thing to come out of crypto.

give it sometime as people still confused with all the craps they think they're going to get, at the end this useless crap will be back to around $0.10 or $0.01cent

Probably over ten dollars sooner rather than later.

1. Polo making an arrangement to buy these coins for increased liquidity?
2. Polo facilitating a pre-arranged trade with another party?

I dunno, those don't seem likely, but the whole situation seems strange as well. If you were someone that wanted to sell 1.2m Eth, why would you transfer all of that to an exchange at once knowing that it would be highly visible transactions. You would be better off dribbling it in and cashing out a little at a time.

The rise today is more likely the result of the homestead release date (https://blog.ethereum.org/2016/02/29/homestead-release/) being posted, which happens with block 1,150,000 calculated to be mined mid-day on "Pi day" (March 14, 2016).

From blog post:

I have no idea - none of this makes sense to me. That is why I am just a hodler though and stay away from trying to trade this madness  :o

I didn't say how soon.  $10 by the weekend.

hi guest, look this https://bittrex.com/Market/Index?MarketName=BTC-ETH , now price 7,527$ or 0.01741321 bitcoin/ethereum.
price increased from 0.0147 to 0.01741321 BTC

Microsoft Certifies Ethereum.

http://www.coindesk.com/microsoft-ethereum-startup-blockchain/

that is excellent news. That might explain that the Ethereum price has risen quite a lot recently. More news to come?

Yes there is pi day (Monday March 14) on the horizon which will see a major new release of Ethereum.

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

Expect a dump soon everyone.

Very soon...

Well, that news is about a week old and it had very little effect on the market.  That shows massive confidence by the market in the future of ethereum

BULLISH

Indeed. Even Vitalik is on record saying that they would cash out some ETH to help fund the development and anyone who understands and appreciated the great technology that they are building supports this action. This is just the beginning of the Ethereum story and anyone getting in now is still an early adopter. It's not too late to join the party.

I hope everyone is backing up their wallet; it's a JSON file. 

Don't keep coins at an exchange; if your confused by code  myetherwallet  (https://www.myetherwallet.com) is a great client side wallet generator; it is basically a gui for ETH client wallet commands.

There was also a big Ethereum transfer to Kraken (around 1.2 Million Eth) two days ago. There was a thread about the dump is comming but nothing has happened so far. It is a little strange that so many Eth have transfered to exchanges but they have not sold by now  ::) Will there come a coordinated sale event soon? What do you think?

1.2 million of Ethereum has been abosorbed by the market. So the price did not drop and in fact rose. Yesterday's drop is just a correction.

Sell on the news  :)

More good news on Ethereum. Larger new potential markets opening up.

https://news.quoine.com/articles/quoine-launches-ethereum-eth-trading/?lang=en

It is good news. However, if Coinbase or Gemini launch the trading of the Ethereum, it is even better news for us.

1.2 million Ethereum isn't necessarily a lot if the market is big enough. If even a small fraction of stock traders were to get interested in Ethereum, and further suppose they bought the minimum rumored PoS staking amount of 1500 Eth, you would only need to get 1,000 people interested to sell 1.5 million. While this may sound like a lot, it would be a minuscule fraction of the amount of money tossed around each day in the world's stock markets. And this is just assuming the minimum investment, I am sure many traders would be interested in far larger "lot" sizes if they are looking to get involved.

I also heard that rumour. If the minimum staking amount is 1500, that will subject Ethereum to bad attacks as many people will not be able to stake and protect the network.

Not a simple p'n'd , this is a real revolution cause its funtionalities are really high-ends.

That is the technology of the future.

If we forget for a second that this is PnD coin, and look around altcoin discussion we will easily
find out that ETH members flooding this place with new topics.
For me this is worst then a spam, you just can't  avoid it. :(

I was supposed  that my keyboard is future technology, But now I think that I will need replace this very soon. ;)

How much faster is ether than btc? If ether grows to be as big as bitcoin, will it slow down confirmation times?

http://i.4cdn.org/biz/1457702118021.png

Vitalik Buterin will be holding an AMA on 8btc forums, the largest chinese cryptocurrency forum, on the 14th of March

http://8btc.com/thread-30435-1-1.html

This is going beyond the moon, we will probably land somewhere on jupiter.

The block time is about 15s for Ethereum, 600s for bitcoin. But you need 360 confirmation in Polonix for Ethereum.

So the Poloniex think it will accept your payment after 5400s or 1.5 hours, that is not much different from 1 hour with bitcoin.

if the chinese buys in to the whole eth thing the price will skyrocket and then we might see 50 $ in a short while maybe :)

The biggest company invested in Ethereum is part of the Wangxiang Group. It invested about $5m in Ethereum late last year.

what people want is fiat and not ether, and to get fiat they have to cash out. each additional $1 rise in price increases the distance of the fall.

i found it interesting that the Foundation made its first noises about capping at 100 million ether DURING this  bubble. that makes me VERY suspicious about the entire ether project.

and additionally if you are going to start a trade ethereum in bittrex, this website exchange need 500 confirmations to be used for ethereum, so, about 2 hours 5 minutes to be used.

edit:after i deposit some ethereum, bittrex only need 120 confirmations!

That is very bad to change the original plan. The original plan was to mine about 18 mllion coins each year and forever.

Apart from that the price is not reflecting the coin. It's a pump in progress waiting for a decline. When the dump starts
a lot people will feel very very bad. Even poor.

This has happened to many other coins. But those coins are just scam coins. They do not have good development.

This time it's different?

 ::)

If the Ethereum is developed well and has good community support, the price will be higher and does not crash.

quelle surprise!


and Jupiter has no surface. you will be free falling a long way. it should be renamed planet Ether. 

It seems there is no big dump of Ethereum since the last pump. So there might be some value in it.

If coinbase announces support; expect ETH to reach at least 0.07BTC. If it doesn't happen in the next 2 months it will probably never happen.

It depends on the popularity of the Ethereum. When its market cap is over $2 billion, coinbase will support it.

Or drop to 0.5 billion on next months Nor can we rule.

It's worth noting that the founder of LTC works for coinbase; and LTC still isn't supported.  Makes it hard to see why ETH will be.

it wont, but people can always believe i guess. santa is still real to some people.

There are still some developments in the LTC, but it is not very active. It can survive by just copying BTC.

My point was in regard to how unlikely coinbase is to adopt ETH. 

However, I don't want to miss an opportunity to express my dislike of LTC.  IMO scrypt asic's ruined LTC's hope of growth; granted they also probably ensured it will never die.

Gonna wait for market to stabalize then buy. Lost a lot of money in pump and dumps recently

Coinbase is built around bitcoin. The developer of Litecoin works there and the company would not add Litecoin so I doubt they would ever add Ether or any other altcoin. Shoot, most folks have no clue what Ethereum is in the first place.

Strange where have I heard that before? Oh right:

There are a few other coins like as Decred or Lisk. When these coins are pumped, it will divert money from Ethereum.

ether is a scam to be exposed

There is a gulf between an outright scam; and promises of a future that may never be.

Exactly. The same could be said for BTC, weren't we supposed to be at $10,000 coin now or something? Must be a scam....

if we are to make decisions based on everything we read on the internet written by random people then there would be chaos in the market.

there is a lot of difference between promise of success and real world application from an altcoin dev and a random speculation of 10K price/

BTC does all it set out to.  How widely adopted it is; or how high its exchange rate is, are expectations others place upon it.  ETH on the other hand has yet to become its promise.  Granted ETH aims at a much more difficult goal than BTC. 

This is true, but the point was just because Ethereum has "yet to become its promise" does not mean it is a scam.

My issue is with the word scam being tossed around all the time. According to many that post here, if something isn't released in perfect condition with any and every foreseen and unforeseen problem already accounted for and coded in, and unless it instantly skyrockets in value, but never even once falls, it is a scam.

Ethereum Price Weekly Analysis – Move Finally Coming?

Ethereum price mostly traded in a range of $-10-12 this past week, as there was no major news event. However, the best thing, which may favor the bulls is the fact that the price closed the week above the 100 simple moving average (4-hours). There was a dip this past week towards $10.00, but bears failed to gain momentum and break the stated level.

On the upside, the price struggled on a couple of occasions around the $12.00 level, as there is a bearish trend line formed on the 4-hours chart of Ethereum price (data feed via Kraken) acting as a barrier. Recently, the price failed to break the 61.8% Fib...

read the whole article (http://www.newsbtc.com/2016/04/03/ethereum-price-weekly-analysis-move-finally-coming/)

It does not matter if the price breaks $12 or not. It is good that the price is above $10 for the last few weeks.

Many members view any alt with premine as a scam.  Nothing you say will change their mind. 

Also my original post here was in response to:

The only people who think ethereum is a scam are the people that STILL in 2016!! Do not own!!! Any ETH!!!

You never responded to me stoat:

Ethereum might not be a scam, but I still have my doubts about its price is fair.
A 10x increase in a month's time does not exactly inspire confidence.

How how many folds of the price increase do you think is appropriate? Maybe it was undervalued before.

Whats the point of buying when it is stable? We are buying to hopefully sell it later for more. Currently I am out of Ethereum waiting for a big pullback before considering it again.


I wont be surprised if it goes down to 0.0018 BTC or less.

That could happen. The price always overshoots. If the Ethereum is developed properly, the price will recover.

The price is almost 0.018 now. It could go down further. I might average down in the next few weeks.

The price could go even lower. The price is 0.017 now. So it is still going lower. Hope it will go up soon.

I think by the end of April, don't be surprised if you see the price close to 0.008. The whales are moving on.

Yes it was.

https://pbs.twimg.com/media/Cf2zG7UWwAE2c3h.jpg

@source (http://imgur.com/a/cO6Am)

I'm using threads like this one to roughly gauge the amount of bearishness about Ethereum. As the old saying has it, a market climbs a wall of worry. That's only a saying, but it's a useful one for long-term thinkers.

From my vague gauging, there's a lot of worry right now and little blitheness. If you take this as a kind of tip, please bear in mind that I'm a long-termer by inclination. I have my eye on two years from now rather than two weeks from now.

Lucky bastards who bought in early, like before this thread was created.   It looks like the price has settled down quite a bit and money is flowing into other shitcoins.  Maybe a buying opportunity?

For now it looks like that, with all this chaos in comments and trolling around. Now it looks like very organized game, some people earned good money on eth that is a fact.
How times passes I don't think we will see rise of eth again, but maybe im wrong. We will see im not an expert I just see how its going down.

What is the main reason for this dump since a few days now?
Do you guys believe Lisk or Waves have something to see with this?

there's so much speculation but the fact that we are seeing it dumping right now
it might be the whale who's playing with us right now, taking risk of buying for those who's
still believing will be an opportunity but the big risk it has.

Lisk or Waves are too small. They will not affect the price of Ethereum. People are just taking profit.

But the Lisk or Wave could grow out of their small size. It depends on the development of the coins themselves.

The Ethereum has risen from $7 to around $10 in the last few days. It seems it is affected by the Slock DAO.

The Slock DAO could be the first of many DAO. So the demand for the Etheruem can be sustainable. So is the price.

It is tough to pinpoint reasons for the increase, even in hindsight.
There can never be any one reason to convince me about the rise from $1 to $10.  :)

I think it's still too early to say whether it'll head down or up from here. In any case, I'll always have a few coins on the side just in case it really takes off. Couldn't the upcoming switch to Proof of Stake decrease production, depending on its percent per annum?

Well, I think a lot of investors are waiting until the interest rate has been determined. If it is not that high then I think that the price will be pushed because Ethereum could then be seen as a real value holder. If inflation is high then we will see a pump again for sure.

That is right. If the interest rate is lower than 1%, the value of the Ethereum will rise due to low inflation.

However, if the Ethereum keeps its PoW mining, the price will go higher than the PoS methods.

Best choice I've ever made was to dump eth @0.031  :)

Actually, I'm glad I dumped mine at $13.xx even though I regretted doing so for several days...

5 months ago, I said to myself the same thing when I dumped my Ethereum at a price of 0.0031.

Miners are looking a income in Fiat, to pay bills.
More than 50% is insta-dumped in the market, at any price.

That is true. With the high difficulty at present, the revenue is about twice of the electricity. So miners have to sell at least 50%.

The difficulty doubles every two months recently, if the trend continues for 4 months, it is not profitable to mine.

i don't think ti double every two months, the more you double the more hard is to double again, going now to 6k or 8k giga will be tough

It depends on the Ethereum price. If the price doubles or triples, the difficulty will rise fast again and again.

The difficulty will also go down if the exchange rate does; although not as much as it will go up with an increase.

If you have a GPU it should be mining.  New AMD 400 series cards soon. 

The high end AMD cards will come out in 4th quarter. The lower end ones will not be much faster than the current ones.

A 480 will most likely be the best card for mining (cost per MH ) as the 380 currently is.

there seems to be a strong support, https://www.coingecko.com/en/price_charts/ethereum/usd
I'll get in when its below $10, dont see any dump too soon i hope

Ethereum is just pumping and pumping. There is going to be a big dump after the pumping. It is going to be good if the price goes up to 3$ later. You really shouldn't buy it unless you want to lose money.

Hyperinflation will give shorters the upper hand for a very long time. The bearmarket will be brutal. After it rolled over it will only occasionally bounce during a multi-year bearmarket. It'll eventually be abandoned once it's below 10 Cents. I'd guess it's abandoned 2018. The community takeover will be comical.

Do you happen to have a link to the emission schedule?

For the PoW mining, it is about 18 million new coins a year. For the PoS phase, the emission is not determined.

Miners need to pay electricity fees. they are dumping more than 50% of mined coins (insta-sell).
I'm doing the same, but dumping fiat (30%) just to cover Fees, and I'm Hodling 70%.

I trust in the project, maybe it will reach $16 Soon, and then $20 Range

The $199 card is a few teraflops faster than a R9 290 so you will get about 20-25mhz out of it.

How much was the price of the price of ethereum when it was lauched?

I don't know if it's just me... but I actually think that for now the price of ethereum is pretty hyper evaluated...

The price of Ethereum did not drop much since the list of the DAO. It is dropped a bit now, it might drop below $13.

Ethereum is way undervalued right now, true value is over $100

Soon...

For the Etheruem is worth between $10 and $100 in the near future. But the price in bitcoin is not too far away, it is about right around 0.02 to 0.1.

The Ethereum is under active development. It also has good support from the community. So it is good.

it is so funny to see people saying ethereum is going to be worth $100 and comparing the price of eth to even bitcoin!!

and this is while eth is being pump and dumped so hard every now and then.

Thanks.

Do you think there is dump of the Etheruem recently. The price is stable over the last three weeks around $13.

I think the $10 to 15 is the right value for the Etheruem. This is already determined by the market place.

the amount of pump and dump that ethereym has seen so far and will see in the future is so bad for it because all these people who are getting dumped at will eventually give up and stay away so there will soon be no more pump because there is nobody to buy the whales sell orders.

The Ethereum price rose more than 10 times in the last 6 months, but it did not drop 90% in the past, so there is no dump.

Full disclosure, I buy ETH and will continue to do so, but not with any money that I need. It is a gamble of course, no one knows what the future holds. I buy because it intrigues me.

That being said, there was an article from The Wall Street Journal, Aug 5, 2014
BitBeat: Ethereum Presale Hits $12.7 Million Tally
To quote Joseph Lubin: "Mr. Lubin said third parties are currently building "hundreds" of prospective applications on top of the Ethereum platform."

That was nearly two years ago. There must be a bunch of applications out now with that many under development.   ::)

P.S.- My account says Newbie, which I will always be since I do not post much because of the pile of insulting users here, some of the dumbest smart people I know are on this forum. I have been here for nearly a couple of years. ;D

Welcome. I think you correct about ETH.  Great tech and worth a punt.

There is no pump and dump of the Etheruem at the moment. The price is stable around the $13 to $15 range.

the price has levelled out ready for the next leg up.

For now its stable but if we see large of bitcoin the price will reduce and more traders from eth will be convert back to bitcoins..

But the Ethereum price did not drop much from the $15. It is still $13-14 at the moment. I still have confidence in it.

There are just pumps and no dumps of the Etheruem price. So the traders cannot earn much, there could be some fud about Eth soon.

The Ethereum price is quite strong recently. The price is still around $14 even though the bitcoin price has risen a lot.

The price of Ethereum is $14.6 at the moment. It is almost a new all time high. The volume is low, it means not many people want to sell.

Yea, they are probably hoping for a price increase, which would be a good time to sell ETh.

I sold most of my Etheruem when the price was $1.6. So I shall learn the less and keep most of my Eth now.

For the Ethereum, it is better to save it now. The price could rise a lot in the future when there are more applications.

Buy support for ETH is still good..I don't think we will see sub 0.02 prizes any more

Ethereum has slow in adoption.. more adoption will come the price of ethereum be rise.. but according to other trader said that ethereum is overvalued and i think the price is enough price for ethereum.. more increase for ethereum for now is impossible to hit the price at 0.04 above..

The 0.04 is quite high, it is almost $23 now. I think it is possible that the bitcoin price will rise faster than Ethereum.

I clearly said it went to the moon and now it's stagnating - I told you:

https://www.youtube.com/watch?v=rhhSB5PFQkY (https://www.youtube.com/watch?v=rhhSB5PFQkY)

I think it will go the the moon. But if it arrives there in 10 years, it will stay there. If it arrive there in a year, it will drop back.

Slow up movement is good. The price is consolidating at the moment, it is good for the price rise after halving.

I think the price rise recently is too fast. It looks like a big pump. So maybe a big dump is imminent.

The Etheruem just dropped over 30% in the last day. it is around 0.016 bitcoin now. This is due to the DAO theft.

Yeah right many people right now are regreting.. also i heard there is a problem in poloniex which is ethereum volume is draining.. and more price of ethereum will decrease..

The Etheruem price is still around 0.016 now. It dropped to 0.014 recently, but it recovering quite well at the moment.

The price is 0.018 now. It rose 20% in the last 24 hours. It is a hedge against bitcoin. The bitcoin drop about 10%.

I'm kind of hoping ethereum can get back on its feet,  I've mined a block plus I've got a few lying on an exchange that id rather unload once the price recovers a bit sincei  don't have any real intentions to hold onto ethereum long term.

Yes the panic is over and we are now witnessing the next leg up. Gud time to buy back in.

I just sold some at 0.019. I am thinking if I should buy them back. I did not short, I just sell my existing holdings.

The highest price of Eth was 0.0235 today. You sold too early. But we cannot predict the price, it could go lower.

We can see on some exchange the ETH price is going up significant. I hold my ETH before sell this I buy if ETH price is in 0.016 and now going to 0.023 wow I like it.

That is quite good. I hope you have made some money. The price is too voliatile, it is very difficult to make money.

The Ethereum price dropped below 0.02 bitcoin now. But that is mainly because the bitcoin dollar price is rising fast.

That is true. The Etheruem price is surprising stable. I am sorry for the people who sold during the recent crash.

If those people buy now at the current price, they can still make some profit in the long term. I shall buy some.

Yup buying more ETH. These are gud prices when you consider how high it can go.

I will wait between 2 to 3 weeks after the soft fork. If it is successful, the price will rise, I might buy some.

The Ethereum price is dropping at the moment. It is below $10 now. So the market think it is not too good.

The price is $11 now. The price is so volatile. I hope the hard fork can be implemented soon to remove the uncertainty.

If the hard fork goes well, the price could go to 0.05. If there is big trouble with the hard fork, the price will be zero.

It's pretty evident that nearly all cryptocurrencies are pump and dumps to some degree. The markets are too small. ETH rise is only due to news of impending hardfork which is still uncertain. Interesting times....

I agree with that. If the big whales are not out and they accumulate enough coins during the recent dump, they might pump it.

Now ethereum remained an asset for traders they only buy and sell ethereum that is why pumps and dumps are there, and no one will now believe on it to store for longer in their wallets.

Ethereum has still have a good potencial to grow again like before..  thats why ethereum is down months ago because of dao issue but i think they will still recover the problem and resolve it..
So i think etherem will rise again..

that's the problem even in all other coins people or traders is not showing any future goal and development just always looking for pump and dump that's the problem with this eth if whale wont dive and pumped it again the price will just stay form 16-18 mark.

ETH is done, after DAO blamage I will never touch this again. There are better projects around the corner. Just my two cents

eth goes up to 0.02 with this acceleration within 1hour

The Ethereum price is still 0.017. 0.02 could be reached after the hard fork. But it depends on the success of the fork.

CORRECT AS OF NOW THE PRICE OF ETHER IS 0.017 TO 0.02 BTC . AND I HOPE WILL UP SOON TO EARN MORE PROFITS AND I THINK ETHER HAVE POTENTIAL

The price of Ethereum is around 0.018 now. It did not drop below 0.017 after the hard fork. That could be a good sign.

The price is in a gud holding position right now, consolidating for the next leg up.

https://twitter.com/MrChrisEllis/status/756119819297157120

The problem is that Poloniex also supports the Ethereum Classic. Does it hacker have enough to crash the price?

The ETC will disappear soon. The hacker will dump the ETC to 0 when he gets hold of the 3.6 million Ethereum.

Do you mean the ETC will survive the DAO hacker dump? I am thinking the DAO hacker might be part of the ETC team.

He will dump ETC as soon as possible because he was only ever interested in ETH. As we all are.

I heard that the DAO hacker can get hold of his ETC some time in August. So the ETC might have a month to live.

Do you mean we have a month to trade the ETC and exit the trading before the hacker dump his coins?

There is such a possibility that the hacker will dump the coins. But there could also be some 51% attackk.

There is a pool: This pool is to raise enough hash rate to perform a 51% consensus takeover on ETC. It is currently working as a normal pool on the ETH block chain. Once enough hash rate is reached, it will be temporarily moved to perform 51% consesus takeover on the ETC chain
http://51pool.org/#/

That pool is under heavy DDoS attack recently. it seems somebody does not like the ETC to be attacked.

but still we cannot trust on it, it is still not well secured I have a doubt that once again due to some issue the price will drop down to bottom and once again all of those who have invested in ethereum will lose all of their capital in there.

But the ETC is a pump and dump coin. The DAO hack has 3% of the ETC. That could reduce the price a lot.

Not just that. There are lots of ETC in the white DAO contract on ETH chain and lots of ETC held by the Ethereum foundation.

I also heard one Chinese company hold 416,000 Ethereum. If all these dump, the price of ETC could collapse.

 It's a disaster waiting to happen. Not really sure why some got some excited about it at this point. It's clearly a sell for now.

Maybe the ETC pumpers have enough funds to absorb the 40 million ETC waiting to to be dumped.

What's the ETA on that?

Nobody knows. Or only the hacker will not the price direction as he has a lot ETC and can influence the price.

1.

ETH  ^  ETC


2.

             ETC
        ^
ETH


3.

ETH 
        ^
            ETC


4.

             ETC
        ^
ETH


... It's a pump

There is no clear indication from the hacker about his intention. So the price of the ETC is drifting now.

Yes but when will ETC become available to the hacker?

I heard it is end of August. So we have about three weeks to pump and dump the ETC if the hacker also dumps.

The white DAO was emptied of ETC. It looks like the ETH guys already started unloading the ETC.

I thought they can only have access to the ETC by the end of August. Anyway, it seems the ETC price has not dropped.

Price is heading lower. Even their twitter account was abandoned.

The ETC price is dropping at the moment, but its price depends on the actions of big whales. If they support it, the price might rise again.

There is a time bomb of the ETC. That is the 3.6 milion hold by the DAO hacker. If it is dumped, the price will be close to zero.

Maybe the ETC community can negotiate with the DAO hacker and offer him some concessions so that he will not dump the ETC.

they will not be dumped, at least not any time soon, hacker will save it for later when all the people from eth will go on etc then he might dump it

etc is strong it didnt die and it will get stronger

you see a coin stays alive if it has :

a comunity and if its listed on big exchanges
ETC has all this.

if the hackers from ETH want to dump well ok the price goes down for a bit and others will buy

the thing about ETC is that it makes ETH a testnet it is so suimular to the ETH database the only difference is ETC is a blockchain and not a database.

here some links what is acomplished in the last month:

analysing the situtation:
option 1:

huge dumps to come.
that means big oportunity to buy
and hold the ones you have. if the dump is over the price will rise

the ETC comunity is stuborn they wont sell or stop or give up
its about priciples.
thats very strong motivation


option 2:
none of the big whales dumps.
then the price goes up.

i think after the 2th of september we will see a rise of ETC

I think it could happen. So it is better not to buy the ETC for the time being. We shall wait after the early September.

That is right. I shall not buy any ETC in the near future.

 I do not like the fact that somebody with ill intention owns a significant amount of the coins.

but thats the case with almost any premind coin. even with bitcoin its known that satoshi has a million cins . but anyway there are 2 kind of investors . one buys when the price falls one buys when the bottom is reached and the price starts to rise . either way is ok.

and like i said befor etc will rise no matter what option happens .
becouse i dont see the comunity give up even if they lose money the will go on just out of priciples.

Hmm...that might be why ETC is slumping. Remember when it used to bounce back up when it got below 0.003? Not now.

https://etherx.com/account/0xfa52274dd61e1643d2205169732f29114bc240b3

if thats ethereum foundation dumping etc . i guess i read somewehre thats how much ETH and therefor ETC they have . but could be wrong.

The final balance of that account is 0.

Does it mean the Ethereum Foundation has dumped all the ETC to the market and has nothing left?

yes thats what it looks like

and i remember in that skype leak they devs talked about selling that free extra money they got with ETC they seemed so surpriced id say they rushed and sold.


maybe EH run already out of bullets.

Thanks. Sure explains why ETC's bouncing back up. :)

The ETC price is still lower than 1 week ago. The price has risen a bit over a day ago. I am not sure it will last.

What's the word on the hack and recovery process?

There is no word about that. That could be the reason why the ETC price is still quite stable and no sing of crash.

So because there is no progress it is stable and not crashing? Shouldn't the opposite be happening?

If the hacker say he will dump the ETC, the ETC price will drop a lot. That is what I am thinking now.

Its thats the case better to convert in ethereum since the ethereum already fix the issue and now its more security than before i just heard by others and the price right now is gradually increasing..

I hope the Ethereum developers can learn the lesson of the DAO problem. Is so, Etheruem will be more secure.

That is right. If there is no more big bugs of the Etheruem, I think the Etheruem price will rise again in the future.

I do agree with you, in addition I can see Ethereum devs are competent enough to more forward and be successful again.

IMO, it is litecoin, obviously bitcoin, and ETC that will surge soon

It is possible the Ethereum will surge in the short term.

Vitalik Buterin will be presenting the newest version of the Mauve Paper (Mauve Paper Version 3 at the time of this writing) in a panel titled: The Mauve Revolution.*

His presentation will take place in the Grand Ballroom on September 19, 2016, 4:30-4:55pm.*

Buterin will discuss proof of stake, Casper, and sharding, which are the biggest upcoming milestones in the always-evolving Ethereum protocol. Proof of stake will offer a reduction in the cost of consensus and is proposed to increase security guarantees. Sharding allows on-chain scaling to tens of thousands of transactions per second while still remaining a network that can simply run on a sufficiently large set of computer laptops. The Casper proof of stake approach introduces a number of concepts that include consensus-by-bet and fork choice by value-at-loss. 

Mauve Paper (Version 3) Highlights:

Efficiency via proof of stake.
Fast block time
Economic finality
Scalability
Cross-shard communication
Computational censorship resistance

Do you mean ETH. If so, your prediction is very accurate. The ETH price is rising low, it is about $13 now.

The Etheruem price has risen about 20% in the last two weeks due to the big community support and the big conference.

It seems that everyone has forgotten about the currency. I got the information that the dev begins to do something .. Let see in next two - three weeks .. Just saying.. ;)

what sort of information you have regarding the ethereum Dev,what sort of changes are you expecting and what are the rumors surrounding it ,is it a positive one or will that impact the growth of ethereum.

ETH is expected to go HIGH in next 7 days, keep your eyes open  ;D

why cant i get an answer from the experts here i already asked about the reason for the news and rumors doing the rounds,what kind of information do you have to say that ETH is expected to go high in next few days,is there any specific site where i could read all these news.

It's what you call hyping up without necessary news available. ;D

is it allowed to spread false news in here just for the sake of their monetary gains,those who spread false news should be warned,to all the hype fockers (hope they understand what i meant) just keep it at home.

I'm thinking that Eth price will recover long term and so leave me with a profit I would not otherwise have. Truth is I have a small amount of Eth (compared to some), so plan on holding long term for a return - whether I am right or not is anyone's guess, but that is how I choose to see things for now

You could be right.

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.

Any solid proof that could prove your statement true???
I still see it go mild and stable like it has been, and won't go above BTC0.025 even if a pump gets scheduled because sell pressure is already there too much which won't let this thing get up higher...

I do not think the Ethereum will go very high in the next 7 days.There is no good news to drive up the price.

Guys, now I came to know why that person said that it will go high in the next 7 days, and the reason is InChain...
It is an insurance platform for people who want to insure their assets against any hacks ever taking place at any wallets or exchanges, and this will be based on Ethereum smart contracts... Maybe this is the reason why there seems a possibility to get into this...

Is it time to buy ETH then? But if we buying a lot affected by this issue, the price will go up as well. In the end, what he said will be true.

It is desirable to have full data and information regarding the speculation. I hope we can get some of your analysis.

The Ethereum price is affected negative by the DDOS attack, its price might stay low for some time.

Agree with you the Spam attack on the network has not help the cause of the token, looking at historical trend there might be a real drop in price soon

That is right.

https://www.reddit.com/r/ethereum/comments/56ea4q/is_something_wrong_with_the_network_right_now/?st=iu1eg7yb&sh=457808f8

If this is still gonna happen, I would be very happy, I think that the it can grow a lot more and also gain more worth in the next weeks.
Lets hope it and stay believing in it too.

That prediction was quite accurate, just off for a few days. The bitcoin price is $640 at the moment.

I do not hope this is happening but I think that it will pump but that a lot of us will not really dump it fast.
It has a good future so why would we dump it right ?

There will be no pump in the short term. The Ethereum is under attack.
https://www.reddit.com/r/ethereum/comments/577iv5/cannot_send_any_transaction_tried_myetherwallet/?st=iu83zrkj&sh=a516df9f

as long ethereum is alive , there will be a lot of pump and dumps happening in it. so don't worry about it and do what i do. wait for the bottom to get here after the dump has started (like right now) and buy at the bottom and dump as fast as you felt satisfied with the profit.

Vitalik Buterin confirmed another hard fork is needed due to failing to prevent dos attacks.
Let's see how this one will play out.

https://cointelegraph.com/news/vitalik-buterin-confirms-another-ethereum-hard-fork-with-geth-failing-to-prevent-dos-attacks (https://cointelegraph.com/news/vitalik-buterin-confirms-another-ethereum-hard-fork-with-geth-failing-to-prevent-dos-attacks)

yes that is right it is the nature of Etherium you can really see a lot of bumps and dumps in the price of Etherium, but hope that there will no such crash that we experience in past.

as we can see that there is regular pump and dump in the price Ethereum, so it is good time to invest for short term investment, i am hopeful about Ethereum that its price can also increase in next few months, so investing bitocin in Ethereum can also be profitable.

No its not a pump and dump coin but I think that ETH can even become big because it has a nice future and its not so bad as people say these days, it got a pretty rich future for itself.

It seems the Ethereum price is holding quite well at present. Let us wait and see the price in a few days.

yes we can really examine a lot of ups and down in the price of Ethereum so one can really make good money from short term investment in Ethereum,

Bumps and dumps are the feature and nature of not only ethereum but of a lot of other assets and currencies so it will remain there until its reach become sufficient to everyone and the etherum is now good at its work we can expect that a crash will not occur in the future in any exchange.

That is right. The pump and dump apply to all the altcoins. It also applies to the bitcoin, its price is very volatile.

The Ethereum price is consolidating at the moment. After a few more weeks, the price will rise a lot.

i think maybe we see  small pump...

In long term, I think that ETC will do it and ETH will become worthless with all the hard forks.

yes ups and down is the nature of Ethereum  but hope that this time its value will really increase so much.

No it won't, ETC is just mimicking some of ETH development moves but I think both of them will succeed in the long term.

Difficult to say. The ETC is just a tool to make quick profits for some people. They may desert it soon after.

I also have this same feeling. Everyone expect that Ethereum will chase Bitcoin, but sometimes it looks like someone is playing with price for his own profit ..

First if you are trading and holding some ethereum then it is a good thing to pump the ethereum , ethereum price right now is not that stable but it always range at 0.018 or 0.019 you in every 1 etheruem you buy you can really make 0.001 bitcoin and if someone dump the ethereum then wait till the ethereum pumped it again,

The Ethereum price is quite low at the moment. It is just 0.016. It might rise to 0.025 after the next hard fork.

It is just 0.01 now.

It looks like Ehereum is going down.. I think that many short term investors have moved their capital - seeing the potential in Bitcoin.  ::)


It is possible that next pump will come shortly.. Someone probably already collects coins ;)

That cold be true, the volume is still high.

nah it s too soon for a pump, ethereum is still getting dumped real hard these days and with the bitcoin price rising everybody is trading bitcoin, nobody is interested in any of the altcoins for pump and dump.

Almost all the coins do pump and dump even scam coins too. Traders do find it a good opportunity to book the profits during these periods. Ethereum will rise from the current price with passing of time.

That is the nature of all crypto and not just ETH lol Yes it is a pump and dump BS coin.

If there is active development, it is not a BS coin.

This post is almost 10 months from now ether has big potential right now because of gambling that impose to it and those sucessful project that developers did those ico-s that linked into ethereum is perfect wait till next year before we sell our ethereum it will be pump.

none of these could save ethereum from going down so far. and it is going to continue going down.

have you forgotten that not long ago people were spamming ~$20 price and 1.5 billion dollar market cap? where are they now that ETH market cap is 0.6 billion dollar and price is ~$7 and falling fast?

Yes but we cannot able justify that may be better things happen tomorrow who knows, Why don't you think when ever bitcoin price raises definitely it will show impact on others for sure. Not only eth and etc there are many other coin are in the same situation. But definitely in 2017 there will be big pump in both of the markets.

There could be a big pump before the PoS as many want to own before they can make profit by PoS.

until recently I also analyzed the candlestick Ethereum tool and its results for the long term ethereum itself will continue to dump.

for 2017 alone I still was not sure ETH can be increased drastically, since I analyze from his candlestick ETH is still much to be pump.

I think so. The whales are accumulating the Ethereum at the moment. They will pump very soon.

Is Pos announcement makes positive trends for ether? But glad to see the price still increase in this time.

In my speculation, if the price of ether will back again over 0.01 in the future. I just wait for the moment will be coming. Honestly, ether like a drama.

The price rose 20% already.

We are seeing the same scenario many time only pump and dump on ETH even though the price is not consistent till now, it keeps going down as many people have lot of hope on ETH how it is going to be the future of ETH and what will be the price of ETH in coming days.

A pump is going on now.

What price are you talking about, the price in USD or the the price in BTC? I think for any crypto the price in BTC is what matters and this price for ETH stays on the same level as it was one month ago. If you are talking about the ETH price fluctuation in the last couple of days then yes, the price has risen almost 20% but unfortunately many people start dumpimg their coins at 0.0099 so what will happen in the nearest future remains uncertain.

Your sentences look like so crap.

And it seems to be opposite things with the fact was already happening.

See the chart and back again to tell me the truth about what are happening right now. Don't like spread FUD.

I think will be a long and bounce up from the bottom, up to 0.02 btc

If it over shoot, 0.03 is possible.

in my experience most of the time when the pump and dump altcoins have rallies after their ATH and specially after so many dumps, they can no longer achieve their highest price, in this case ~0.03BTC because traders know the real potential and start dumping long before the ATH to be able to get out.

The price of bitcoin is higher now. So it might not be 0.03 btc.

Guess you are right, although there is big money invested into ethereum. If the price goes to 0.03 BTC i would not be surprised honestly. No altcoin has give give so much attention towards crypto.

That is true. The Ethereum could be number two for long time.

Well if that happens i will stack some of coins and wait for the price to be booost again. ugh i still hoping that eth will be grow again and will pump and i will sold this coins of mine do you think when the price of eth will be increase again? If there an investors who will buy tones of eth? Or if the creator will be pump it what do you think?

all of us traders are hoping this can happen. but in fact i doubt it can happen anytime soon and no there aren't any traders who are left who can buy ethereum at this point.
right now bitcoin price is rising and logically eth should go down versus bitcoin but it is staying up with huge manipulation and these days you can always see the big walls that whales put up. it actually is a fun thing to watch.

I am sure that in the world market, Ethereum will always step forward to compete with bitcoin, in view of the global news market etherum always engaged in high-level