Bitcoin Forum

Eth bubble is about to pop pull put while you can. I just sold all my ether for btc and bought 500 LTC which is a far more stable and safe coin to store value in. Think about it what has ether done to deserve $14 value??

Is it used as a currency - NO
Is it widely used for smartcontracts - NOT AT THIS STAGE
Does it have solid design - NOPE ITS FULL OF BUGS

The only thing holding the price up at the moment is hype, once that dies down ether is going down to $1-$2 range.

if this one is correct it is very alarming to those who have eth I'm monitoring the movement and it is very annoying why the price keeps going up but the popularity is not that much. I think much better to wait for another month if price got steady i will now then gamble. but right now Im with you OP I'm guessing that bubble will pop..

i agree with this. the real value of ETH is more logical around 1-2 USD range but it has been getting hyped over and over all over the internet so far and the bubble burst is going to be catastrophic.

litecoin is not really a great choice, at the moment, i would have invested in decred which has a very good pos that can lead you to an impressive profit
not sure about ethereum being a 100% bubble, it cna hold there for what we know

all true.
think of ETH as bobsurplus like scam coins pump but in a big way, tens of thousands of bitcoins involved in this scam useless crap pump.

got the btc to pump it then selling little by little then pump it again, keep repeat and every dumb morons would join in this useless crap. at the end greedy morons would buy into it.
this is represent in the graph, pump then selling little by little then pump again, keep repeat like a steps.
we all know this crap is useless at this point, not plug and play and hard to use. average joe can't use the crap at this moment.

Meanwhile ETH rises

The bus that everyone was waiting for leaves the station. There's still bus stops along the way but people refuse to get off their bike and board the bus. People on the bus are shouting "get on!" "get on!" but they refuse.

As the bus leaves we wave them goodbye.

Someone missed the boat  :D

Hahaha, I know right? I'm only here to help people! I don't understand why people have to be so stubborn.

People listen up, get ON the bus now! We're heading towards the train who will bring us to the rocket ship, we will be shooting up tomorrow.

Buy now or cry later.

Copied post...

"#1. Bitfinex is adding Ethereum tomorrow.
#2. Big chinese exchange adding Ethereum tomorrow.
#3. Homestead is taking place tomorrow.
#4. AMA on 8btc.com by Vitalik Buterin, also to attract more chinese investors/exchanges
#5. Rumor that Microsoft will be using Ethereum, should be announced somewhere in this week.

Yeah. We can safely say that it will hit atleast $50 soon."

I just felt somekinda bad about this because heard it right today.
I think it will see some dump, its already overbought for not big reason (no big news about it at all)
It is too late to jump in right now.

All kinds of big nes coming this week.. everyone buying like mad already knows... get in the know man!

think the same , it realy got momentum right now so more good news and it hit 50$ without problem :)

Not sure this is sarcastic remark or serious one?

Honestly. 50$ will be hit at some point. I think the next week will see 20-25

There is still a 1.2 million ETH stake on Poloniex which has not been sold yet. It was deposit two weeks ago and the sending account was one of the early investors addresses. I am waiting every day that the stake is getting sold. It will cause a hard crash.

You dont know that. For all anyone knows that 1.2m from the accumulator could have been sold to a big investor that used polo as the middleman

A serious one, believe whatever you want to believe. Don't come crying to me in a few days/weeks regretting you didn't buy any Ether.

it's normally a train, and it jumps the tracks, and people get badly hurt. i would want to be sitting in a carriage at the back and in a seat facing backwards.

that's a pleasing 'coincidence' for the pump merchants.

nicely quoted. yes "rumor". totally unattributed.

So... you're still not getting on then??

If so, then this is me waving you goodbye

https://www.youtube.com/watch?v=kxjwb5cXTI0

Take care dude
Good luck!

More good news for eth....

http://themerkle.com/factom-plans-to-anchor-into-ethereum-blockchain/

That is great news! More people finally realize that Ethereum is the future  :)

You should not be trading then.. THAT is scary / Disturbing  :o

I don't think ETH is at the top of the bubble yet. We still haven't reach the Euphoria stage yet. It will be at the peak when the price doubles in a few day and many people are buying. Now it looks that someone is accumulating.

No Euphoria?

Feels like ETH is in Euphoria stage since a few weeks.

ETH isn't the only cryptocurrency not being used as a currency, just fyi.  Bitcoin barely gets any use itself other than as a store of value.  The reason for the ETH hype is all in point #2 by OP. We'll see if the smart contract utility justifies all this hype.  #3 I'm not qualified to speak on.

poloniex not loading for anyone else?

when gox was the main casino this used to happen during dumps..

Factom isn't even a cryptocurrency, it's a centralized business, so I don't know why their native coin exists.  They will probably get in deep shit for trying to skirt the legal system and issue shares without going through the right motions.

Its down for me too. I guess who ever took btc-e down earlier is now attacking polo

is Poloniex locking people out during the dump stage?

Could be the pumpers doing that. DDoS's are a dime a dozen these days.

Poloniex was incorporated on 9th February in Delaware.

When was the 1.2 million of ether sent to the exchange?

What was it about the NYSDFS BitLicense that they didn't like i wonder?  

ETh should really have to slow down and make it look like its stable. No one in the right mind will chase to buy more ETH as one would suspect they just wait for people to buy eth so they could suddenly dump.

And wants everyone to go to LTC.  ;D ;D

they'll try to suck the Chinese in tomorrow and then dump.

anyone holding ether should consider scheduling a couple of late night shifts in the next 48hrs to be ready to respond in real time.

ohgod its going to be a restless job. i'd rather play binary trading than gambling in such manner. but if I've bought some eth for a dollar, i say why not wait till it plumet to $2 or maybe it will go $50.
who cares if it goes $2 tommorow, you still gain hundred percent. but i doubt you'd wait for that to happen..its money, its why you're here.

i don't mind if eth is just $2. but where should i spend it? buy btc of course :)

It will be interesting to see how the Chinese take to ETH... Seems right now they have a lot invested in BTC and that will soon have its own issues
http://cointelegraph.com/news/amanda-johnson-of-the-daily-decrypt-break-up-with-bitcoin

But you can not tell how long the hype will last.

Exchanges just want to earn money. From transactions. It does not matter if it crashes, they earn from that too.

they'd be better off investing in a 21 than ether right now. it isn't worth risking 14 to make just 1 at 15. there's a hot of air to fall through.

It's very easy to speculate when it comes to ETH

looks like Poloneix is down!

it makes you wonder what they are doing since they had the largest ETH volume from the beginning and there was a lot of ETH deposited there.

mmm, dumping?

What he wants to indicate is that a further big exchange like Bitfinex will usually increase volume and attention for the coin. Thus, the pump could continue when more exchanges are going to add the coin ;)

never trade through the exchange with volume several times that of the next highest. such a red flag.  

I can not confirm that. Poloniex exchange is available for me and I can trade on the platform.

Now they're using the DAO to pump it again.

Will there be many more DAO? Does that mean the Etheruem price will be pumped again and again in the future?

there may be a succession of future DAO ETH projects created by ICO ETH whales to animate ETH price. cats have nine lives apparently.

If the Slock DAO is successful, and it make profit for the investor in long term, not just a short time bubble, it will support the Ethereum price.

yes, but it's particularly unknowable. it's hard to even have a gut feeling about whether it will be a success. it's a venture fund, and many venture funds do not make a return for their investors, even with an investment thesis and strong management.

I don't know, but with many DAOs and the disappointment with ETH by part of some users, if not shown the promised services, better be away when it blow up.

I know it's a long term investment, but noobs may dump quickly when they know the time it will take to have a significant profit from a DAO, some people are talking in years.

There's only one DAO event and it ends in 17 days time. The DAO will then accept projects and put them to the vote of all DAO holders. All DAO projects will run on the Ethereum blockchain. This is why it's so important that you all read up, understand and take action if you want to join the DAO. This is a one time only event. No point missing out.

there's the Slock DAO, but there are and will be other projects based on the same decentralised autonomous. organisation structure. buy demand for ETH could be stimulated by future DAO projects.

If the Slock DAO is successful, there will be more DAO fund raising. So the Etheruem price can be supported.

All the DAO projects run in Ethereum so each DAO project adds further support and demand for ETH. Anyone who wants to get into ETH seriously needs to start acting now. Otherwise they will miss out.

This whole DAO thing could be massive or it could be a flash in the pan, I'm hoping for massive and it would be a shame to miss out when you can get in early.

So the big Ethereum holder will try their best to make the first DAO to be successful and set a good example.

DAOs are consensus investment funds. successful investment funds are contrarian (not consensus).

If the first DAOs succeed ETH will be priced out of its native and only market. a negative feedback loop.

It sounds to me that you've got a case of the worries. :) The DAO is only one of several startups using Ethereum as the "Blockchain Inside" crypto.

ETH is a yoyo

The Ethereum price is trading within a small range, with 20% difference between the top and bottom. It is good to trade.

The YOLO Yoyo.  :P

Ethereum is a a bit of an enigma right now. Could go either way, so I think I'll keep holding some.

it's increasing again, i think it remain there until end of pos and then a huge pump will come, unless vitalik want to dump again and he probably will at the next big wave

The price is one week high. If the Vitalik dump all his Etheruem, then it is good to clear the overhang.

ETH may start to bubble by next weekend around may 21-22, days after DAO is released.
This is probably due to the fact that users may wanna buy back their ETH making its demand higher thus price increase as well. This may just be the best time to buy ETH.

Yeah, it does look like ETH is being pushed up by demand to put money into The DAO. The question is: since DAO demand is temporary - it'll last only as long as The DAO's pre-sale - will ETH slide back down? Or will The DAO demand act like priming the pump (so to speak)?

Will those Ethereum used to buy the DAO be locked in some form for very long term? That will reduce the supply.

The Ethereum bubble is forming again, the price has risen to multi months high at the moment. It is 0.032 now.

Insane.  I mean it's mainly whale bots but still crazy to see "again".

I think it'll dump down again soon enough.

Doubt it mate.

Ethereum is rising because everybody wants some of it.

All the shitcoins are finished, including btc which is an outdated poorly designed shitcoin by todays standards.

It's time to stop living in a long river in Egypt and face reality, ETH is the crypto black swan that lays golden fucking eggs.

why buble the ETH? ???

There is evidence of both OKCoin and Coinbase adding ETH to their trading platforms and APIs. If these guys pick up ETH support, it is likely that every other Bitcoin exchange will quickly follow suit. Exchanges wanting to add ETH pairs need to buy a supply of ETH so that they have liquidity in their markets which is driving the price higher. And of course, traders are buying on all the rumors adding fuel to the fire.

The Gemini exchange added the Ethereum a week or two ago. It is a bitlicensed exchange, so a proper one.

I read somewhere that in 4 days an exchange is adding ETH hence the price rise at the moment, I sold half of mine today and keeping half for good measures!

No one knows the timing of the exchanges, but there is pretty hard evidence that the major ones are adding Ether to their interfaces and APIs so that they can test the integration and be ready to launch when they are ready (system is stable and they have bought enough ETH to launch a liquid market).

I hope the Ethereum bubble to pop and I can buy at $1. But it might not happen, the price is $14 now.

Really?  I too believe in Litecoin and wish it well.  BUT I hope to have enough foresight not to bash a coin because it's doing well or surmise it's doom!
All coins or any ( stock ) for that matter are doomed without support so your statement is an empty opinion.
Your statement about what Ethereum has done compared to Litecoin is obviously not a well informed one.  
One may ask the same question about Litecoin, if it has a direction when do we see it?
I'm not bashing your comments or opinion but Ethereum is definately doing a hell of a lot more in it's short time and has a huge growth potential.
You don't have to believe in a coin to trade and make some money off of it.   Litecoin is stable and has been but it's all about your intentions, are they long term or short term.  

So that will make Ethereum useful in real life. That could increase the value of Ethereum in the process.

Adding Ethereum to exchanges could be good. But we still need more application of the Ethereum to increase its value.

That is right. When the Etheruem is in many exchanges and the depth is not so deep, the price could be volatile.

Eth bubble is not popping, it is getting bigger. 0.031 BTC now, and still going up.

the btc/eth price is irrelevant as 'they' can easily maintain it
the point is many many coins are being sold for ordinary cash right now. you must be a true believer for that

The price of Ethereum is around 0..029 now. I am not sure if it will go below that in the next few days.

why are you not sure if it will go below that in the next few days? it is already 0.0285 within 2 minutes of your post.

So the price is dropping fast. Will that visit 0.02 in the next few weeks after the finish of the DAO?

https://twitter.com/themerklenews/status/733672652561383424

It is difficult to say. The price could consolidate around 0.02 before the next major application of Ethereum appears.

It all depends on the usefulness of the Ethereum. If many people use it in smart contracts, it will rise in value.

That is right. So we need more development of the usage of the Etheruem so there will more applications.

I think that is all irrelevant as long as the price goes up and down with hype.
and so far it has been like this with ethereum. people get scared of missing out on the price rise so they start buying and then after price reaches a top the dump begins by the whales and the price crashes. it has already happened a couple of times in eth and thousands of time with other altcoins who claimed to have usefulness.

That's where it's headed as I write. Now below 0.022.

If the price of Ethereum consolidates around 0.02 or lower for a few months, like bitcoin did in the past, the price could rise again.

The Etheruem price could drop to 0.015 and then stay around that level for a few months and wait for developments.

The Ethereum bubble has already popped many times. I think it will be popped again. But it will inflate again.

If eth does what litecoin did and go (roughly) 50X down then 5X up will you love it or hate it ? It is all about the price, guys will be buying litecoin at $50 again that wouldn't touch it with a 49.5 foot barge pole when it reaches $5.

Ethereum is different from the litecoin. Litecoin is just a clone of bitcoin. It does not have active development.

The Ethereum bubble has already popped, it has dropped from 0.033 to 0.023. It is in correction phase.

I don't hold any. Missed boat. etc etc to be clear here

 But ethereum (again imho for what it is worth)  is too much fun for the speculators to play with...the wide swings in price are like 'catnip' to folks who trade and speculate on crypto......especially whales imho..who can move the market at this stage with a whim and some big buys or sells.....it will again imho bounce between 10 bucks and 15 bucks for
the foreseeable future imho....because folk that got in on the ehereum ICO ...can play the 'whale polka' with price to their advantage all nite long...again in my view.

(When the Elephants  start to polka on the dance floor it is time for the 'mice' to scatter) :)

anyway with the hype etc on ethereum....and a  place folk 'think' they can go an buy the 'next' btc replacement (ie btc is evil but look there is this ethereum coin...ack! FOMO so
they buy)

So it seems to me.....it may survive but right now it is getting bounced around amongst the whales like a 'party balloon' on a dance floor...will it pop or will it not ...no clue
at this point I just watch it bounce about and scratch my head. (remember I know zip at one time I drank the BFL kool aid lol ) :)

Yes, ETH bubble one day will go down, and then we will look what will be ETH price. It is like fast profit making for some people - they know when to buy and when to sale.  ;)

I think when the Ethetreum price is around $10, there is no big bubble, maybe just a bit over valued.

We only know if a coin is overvalue in hindsight. It seems the Ethereum price is quite stable, there is no big sell off.

Stable? From what period of time are you making this particular observation? Imo, the price has not been stable since the initial hype wave, before this DAO thing started selling. The price may sideways a few days, don't mistake this with stability. Stability in traditional markets requires more time than this coin has been traded in totality.

it will not pop, it will stay same around the same price till the end of the year

I  am waiting for it to pop so that I can buy more. The price is still around $14 now, just 1 dollar below the peak.

Push for LTC and DOGE now. ETH is done.


ETH will poop, not pop

LTC and doge. What year is it again  ;D

Doesn't matter. You buy high.

What  ???

the thing with ethereum is, its still very low, when the next release comes around the block we will go to 20 dollers easily. and on final release I think ethereum will be somewhere around 20$ to 50

and then you sell low, silly. :P

As long as there are good news coming in the next few years, the Etheruem price will rise continuously.

I think that is just normal price action. 30% drop or rise in the altcoin trading is very normal. Even bitcoin can rise 20% in a week.

The dollar price is still around $13 at the moment. The bitcoin price has dropped, that is mainly due to the rise of bitcoin.

Lol a thread of bitterness.

That could be true. I think if you believe there are more application of Etheruem in the future, it is better to buy some now.

hard to tell with R3 backing it - only time will tell.

Yeah: in fiat terms, it's been fairly stable (for here.) Folks who excitedly bought at $13 during The Dao hype are more-or-less breaking even. The post-DAO drop has been muffled by Bitcoin's pump.

For the last week, the Etheruem price just dropped from $15 to $13. It is stable around $14 at the moment.

The Etheruem price is more stable now than the bitcoin. Its dollar price is aroudn $13.5. Its bitcoin price si volatile.

The Ethereum price bubble has already popped. At the price of $13, I think there is no bubble in the price.

Already popped? Do you know what happens when bubbles pop?
There should be a rapid decrease in price. That hasn't happened with ETH.

Most of the altcoins are blatant pump and dump schemes to reward only the pumper and the dumper. The average investor will get robbed in the process, unknowing investing in the upcoming hype.

I believe Eth is one of the pump and dump schemes. You could say that I'm wrong, but as OP said, what is Eth bring to the table that's new?

When do you think the Ethereum price bubble will be popped? Or is there any bubble in the Ethereum price?

There is no bubble in the Ethereum price.  If there is one, the price should already be in the $1 range.

The cost of mining is about $5 for me. So for me, if the price drops below $5, there is a bubble burst.

I think that this is a great result for an alt coin...
also litecoin during best moment can't get this strong results

That is what I think. The Ethereum is more mature now. There is not much pump and dump of the coin.

Pump and dump will always happen when the Ethereum market cap is low. When the market cap is $10 billion, there will less.

The price of the Ethereum below $1 in the later last year was very undervalued. The price now is about right.

The Ethereu m price is inching upwards. It is $14.7 now. That is almost a new all time high, very strong.

Anybody knows the reason why the bitcoin price is so strong and so stable? It is unusual for an altcoin.

Maybe just the Ethereum owner and the miners do not want to sell the coin at such a low price. Not sure.

The Ethereum bubble has already popped. I think the current price reflect the value of Ethereum, there is no bubble.

Anybody knows the reason why the bitcoin price is so strong and so stable? It is unusual for an altcoin.
[/quote]


That is because bitcoin is not an altcoin, it is the first cryptocurrency and it does not have bugs or viruses and there are no scam issues.

You are right. As long as the Etheruem is developed diliglently, there is not any bubble in the price.

There are still active development in the Ethereum, so the price will be supported, I think it will not drop below $10.

The Etheruem bubble popped a few days ago, but it is forming again. the price is $15.2 now, a new all time high.

The Etheruem price is $16.28 now. It is rising quite fast. It is a new all time high in US dollar term.s

Yes, it looks like Eth will rise in line with BTC and LTC isn't doing bad either!  ;D
It's a shame I'm not a bagholder.  :-[

The Ethereum just started to rise against bitcoin. If it rise to 0.04, that will be good for many bag holders.

Ethereum is just fine. It was said before by someone else and  I will repeat it now.
Ethereum ,like Bitcoin will die a thousand deaths, then will just continue to rise .

ETH now above seventeen bucks, all due to Bitcoin's pump. Go figure...

I've got my bags in both camps but yeah never expected both BTC and ETH to rally so much together.

Ethereum's gain (in percentage terms) is even higher than Bitcoin's during the last few days.
I am sure a lot of people will be scratching their hands trying to find the reason.  :P

I think the Ethereum community is more unified. The Ethereum has good development plans and implementation.

Well I have to agree that this is all because of the BTC hike. But good point here how Ethereum guys have it more together than other Cryptos, yes even BTC. This is because they are pretty much here unlike any other competition.

It's all good  ;D

My 2 cents...

What a worthless post. Opinion discarded

Pro-tip: They're all bubbles.

At the moment, the bitcoin rises faster than the Ethereum. In a few weeks, the Ethereum could rise faster.

I think there is no bubble in the Ethereum price now. Its value is underpinned by the usage and development.

The Ethereum bubble has popped many times before. Every time its price drops 30%, the bubble pops.

I don't know if its going to pop or not, but the truth is that I was hoping that the price was preparing to go way down. Instead the contrary happened. Now people are saying that it will still rise even further, but I'm guessing it could crach any minute now

If there are more applications of the Ethereum and bitcoin, I think their price will not go down as more people will use them.

Eth is going to fork to take money from the 'attacker', that will be the end of trusting eth.

I will support the fork if the thief does not give back the money. I think he will be sent to jail if he reveal himself.

There is an argument about if that is a theft or not. According to certain people stealing by exploit a hole in a contract is not a stealing.

To me, stealing against in the intention of the property owner is stealing. But the law in the US might state differently.

Sometimes the law will say what is fair to the parties of the contracts, if that is grossly unfair, the contract is not valid.

Maybe there is no need to hard fork now.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

I think hard fork is still needed to get back the 3.6 million coins in the hacker's account. Correct me if I am wrong.

Soft fork will be implemented as indicated by the voting of the miners. I am not sure about the hard fork now.

Either way, hard for or not, it will be bad for ethereum.

On the contrary it shows that we have a democratic consensus underpinning ETH. It's great news for ETH and the community.

I hope the softfork voting will be dissimilar to the Brexit voting. The Briton will be finished in the next 10 years.

There is a discussion about the hard fork.
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

It seems most people there support the hard fork, not like the Bitcointalk forum, most of them Eth trolls.

Soft fork or hard fork is a must to get the stolen Ethereum back. Most Ethereum community members support that.

There will not be soft fork. There could be a hard fork in a few days. The Ethereum community is discussing about that.

Is there any concrete date for the hard fork? The time  is running out. 27 days after the hack is near now.

The Ethereum price is 0.018 bitcoin now. It is just 50% below the all time high. It seems there is a bubble forming.

Or maybe bitcoin is in a bubble?

Hard fork confirmed:

 - https://blog.ethereum.org/2016/07/15/to-fork-or-not-to-fork/

Here you can find a countdown:

 - https://slacknation.github.io/medium/11/11.html

You gotta hand it to these people, i really thought it would be dead as fuck by now

Vested interests are a powerful thing.

You thought it would be dead because of all the FUD some people created. But they didnt FUD because they cared about your well being, they FUD-ed to buy it. Simple.

That could be right. I think these guys wants to buy the Etheruem cheap, but the price is still over $10.

I am sorry for the fuders. They did not have a chance to buy the Etheruem at a much cheaper price now.

Do you think that's why they do it, not because they really believe what they say?

They just want to talk down the Ethereum price and then make profit out of it. But the price did not drop much.

It is quite difficult to predict the Ethereum price. There is voting about the hard fork going on at the moment.

Don't be ridiculous. I don't even trade and I want to see the fork fail on general principle. Social consensus attacks give me the willies.

HF with the wrong chain , douchebags

It's taking too long to pop

That is right. I think the price could inflate again after the hard fork if that fork is proven to be successful.

So far, the hard fork is quite successful. The hacker will not get back the stolen funds. Will he sue the miners?

How can a thief sue the victim? That's like saying a thief could sue the home owner who left his front door unlocked just because he got his stolen goods back from the thief!?!?

He didn't steal you bird brain. Wake the f up and look at the facts.
He is not a thief.  He used the written law.
Yes he took advantage.  It's like someone finding a flaw in a written contract and utilizing it..... He can sue if the contract is not followed.

Incorrect. He is a dirty thief who simply tried to take advantage of an exploit. As said its like if I leave my front door open is that an open invite to steal. No.

Besides if he's not a dirty rat thief then why the anonymity? Get a grip.

Yes he took advantage.  It's like someone finding a flaw in a written contract and utilizing it..... He can sue if the contract is not followed.
Stop being delusional and wake the f up.

I think the hacker steal the funds from the DAO holders. If the authorities do not deal with it, we will deal with it.

Incorrect yet again. The DAO was not set up to be fleeced by an entirely anonymous chancer which is all the attacker was. If not let him come forward and take his day in court if he's so sure like you of his moral right. It's frankly disgusts me to the stomach that intellectually challenged numbnuts like yourself support such actions. No wonder this world is screwed with characters like you walking amongst us.

Yet, more than 5 months later we have almost the same price for ETH. I'm wondering myself what keeps the price of ETH on this level, but it looks like the coin is not going to die. Some say it even will rise more in the near future.

I agree with minecache, you cannot possibly support that. If you really do and its just not FUD, you're worse than an animal. I hope you'll admit it's just FUD, i really hope that's not your true color, there's hope for everyone.

It is not fud because that is what it takes to be decentralized and immutable.  Eth is neither of those things now because their coders f'ed up and should have let the market deal with it instead of betraying what they were built on.  They are not decentralized, and certainly not immutable.  All reputation is lost.  I support what is completely decentralized as others in the crypto world should feel.
Premined IPO, hyped centralized hard forked coin. I want nothing to do with it, and I know I'm not alone.

There's nothing more to add.  Can we all assume your favorite GOT character is joffrey ?

I just don't like FiatCoin

Yep.

They had their chance to implement some failsafe mechanism to prevent theft before it happened. Instead of investing more time into making it more secure, they prematurely implemented TheDAO and hyped it as the next big thing. It is somewhat understandable, because of all the money flowing into the Ethereum system, they attempted to keep the momentum going by rushing the development of TheDAO to give the masses something to hype Ethereum even more.

This whole debacle is an example of what can happen if greed takes over rational thinking.

+1 ETH.

DAO is a good lesson for them to learn. I am happy that the DAO hack happen now, not in the future when Ethereum is worth more.

I thought Ether to be a bubble, but it did not crash even on the hard fork announcement, which would have been a deathknell to other coins.

Yeah your right better to sell ethereum because of dao issue even they are fix the issue i think its still risky to invest again back to ethereum.. anytime it can be happen.. again.. and many people right now are lose faith about ethereum..

Ethereum holders are not satisfied they are distructing  bitcoin and promoting ethereum as advance to bitcoin.. They are greedy dont expect that bitcoin will be replace ethereu,..

Unfortunately we have realized that the altcoin market is nothing but mere speculation, and despite the great and evident scam of the ethereum ecosystem its price is still unreasonably high, when the most logical price of each eth should be around 0.01 dollar.

There are two Ethereum now. The Ethereum hard for and the Ethreum Classic. Which bubble do you think will pop?

I think the Ethereum Classic (ETC) will be attacked by some people as it is an easy target with low hashing.

The ETC price dropped 40% since 24 hours ago. Somebody said they will put a buy wall of 0.0001, it is not there.

The ETC price has risen 300% in the last 20 hours. So it is in big demand. It might be a good investment.

What justifies such a demand? Good news or bubble effect?

Somebody is interested in buying the ETC. That could be just a pump as not many people will support it.

It is difficult to say if many people support it or not. That could be just a pump and dump like many scam coins.

I suspect so. We have about a month to find out if the ETC is a scam coin or not. If it does not survive, and not developed properly, it is quite dangerous.

ETC price is driven purely by speculation at the momemt,. I don't think people are buying these coins to use them, people are only buying these two assets at the moment because there is a very strongly possibility that the price will change dramatically. So 'support' is irrelevant. Ignoring ETC for the moment, can anyone tell me why ETH hasn't crashed? I refuse to believe the entire ETH camp has been Cool Hand Luke about this new fork news, yet I don't see the reaction Id expect.

If the run-up to 10 bucks was on the dime of corporate investors... What makes you think it will ever pop?

What you said could be right. For the ETC, it is just a speculation tool. You have to sell before the big dump.

The big dump could happen when the DAO hacker sell his/her coins. That is quite big amount for dump.

That could happen. We still do not know the intention of the DAO hacker at the moment. It is quite concerning.

The "stolen" Ethereum ETC is an overhang on the ETC. When that is cleared, ETC might rise a lot again.

The problem is that overhang is quite a lot. The Ethereum foundation also owns a lot of ETC, it might dump.

that is why people are always afraid so much to invest in ethereum, because it is a super controlled coin. besides they have been dumping their coins for a long time but they have enough experience not to dump it all at once and do it slowly at the top.

I agree ETH is a mess and that litecoin is maybe not the best. I like ripple XRP since there is so much good news and it seems to be very stable with huge upside. Never big swings but they will try to push XRP soon so who knows.

At moment, the ETC is controlled by the Ethereum Foundation, the Hacker and some Chinese companies and miners.

Unlike ETH, ETC follows the pre-set rules. I trust ETC more than ETH.

Have you bought some ETC already. It seems the ETC price is quite high and big whales are moving into it.

ETH hac no chance to increase again back because they are converting to ETC so better to dont expect to by ethereum..
Instead by ETC

Vitalik said he will be 100% with ETH. So I think there is very small chance for the ETC to succeed.

I also saw many developers and corporations will be with the ETH. But it is possible the same service can be used by ETC.

You can cut-and-paste code. You cannot cut-and-paste talented individuals/businesses who make DAPPS

https://www.reddit.com/r/ethereum/comments/4w9fvq/you_can_cutandpaste_code_you_cannot_cutandpaste/?st=irj6o877&sh=cb1fc360

That is right. So if the ETC is not supported by many developers, it is just another pump and dump scam coin.

In the short term, the ETC price is more affected by the intention of the hacker. If he does not support it, the price will crash.

We do not know the intention of the owners of the DAO, around 11 million in total. They might sell them all.

The white hat hackers have already stated that they will return the ETC. They have supports from some lawyers.

There is no time scale that when they will return the ETC. After the price of ETC is crashed, there is no good benefit for the DAO holders.

Ethereum lovers will be glad to see the crash of ETC - their perceived enemy.

ETH and ETC counting their last days, already we can see they are slowing down.
We could see major crash of one of those..And whales probably awaiting new fresh blood..

Their dollar price might be going down at present. But their bitcoin price is more or less stable. When the summer holiday finishes, the price will go up.

I think the ETH price will rise a lot when the Etheruem Foundation dumps the Ethereum Classic to the market.

The Ethereum Foundation still has millions of Ethereum including the ETC. So when it sells it on market, it might crash the price.

That could be the reason for the recent price drop.
The ETC price has dropped over 50% in the last few weeks. It could drop more.

If the big bitcoin holders who support the ETC negotiate with the hackers, then the price of ETC could rise.

I think the hacker will not negotiate with other people. So he can manipulate the price at this sole will.

That is right. By not cooperating with other people, he can use the ETC as a ATM machine and get money out of it very easily.

We need the words from the hacker to tell us how he is going to do with the ETC. If that is for good cause, I might buy some.

I did not hear anything from the hacker society.
So I will not buy any ETC in the next few weeks to see the situation.

It is better to buy the ETH now. It has still good community support and the price is rising very fast at present.

Maybe you're right, but at the moment they are managing to pump the two cryptos, even with the recent increase in the number of coins in circulation (the coins drained from the DAO).

I also feel strange that the market has enough funds to support both coins. The total market cap remain quite stable.

it seems there is good support of the Ethereum both the ETH and ETC. I thought the ETC would drop a lot in the past few days, but it was quite stable.

Maybe the hackcer has made a deal with the big ETC whales that he will not dump the coin, so the price is high.

And was hacker ? Maybe, it was simple scam movie...

It is possible that the price of the two coins are already pumped. With out the pump, the price could be lower.

Why do you say that?

There is a big conference about Ethereum now. After the conference, the price could rise.

https://www.reddit.com/r/ethereum/comments/53k9e4/ledgerwatchs_personal_update_from_devcon2/?st=itb5hw2y&sh=76b31010

It has been a long day... I wish I had a bigger breakfast, because I was starving by the time of the first coffee break.

Most of the things I saw were kind of things I read somewhere, apart of the following (I either missed them of they weren't known):

Swarm has 100+ node test network on Azure

Swarm is generalising the notion of Judge out of their SWindle litigation protocol

Vlad went "back to basics" and presented a provably safe way to achieve agreement on 1 bit (every Validator produces an estimate of single Boolean value) with Casper "bets". He also went "back" to FLP impossibility result, with their proof based on bivalent configurations, and applied similar thing to proving safety in Casper (if it is possible to prove that only an incorrect bet can change the estimate of a validator, given arbitrary adversary). Safety does not imply liveliness, therefore his work is still bound by FLP impossibility, but if you assume censorship resistance (essentially limiting the adversary), it can still work.

Transpiling EVM code into WebAssemply is a very cool idea, because one can then run EVM natively in most modern browsers. With far reaching consequences.

Raiden network generalised to support any ERC20 tokens, and presented a cool demo with an electricity meter, and switch controlled by a payment channel.

Zcash will launch on the 28th of October. I need to find out what is the mining like.

Perhaps I missed a few things, but this seems to cover new things for me.

P.S. if anyone wants to find me, I seem to be the only person wearing trouser braces (aka suspenders).

P.P.S. Technology-wise, everything just worked for me - my sim works in roaming, i've got WiFi in the room, Google and Gmail work too, as well as everything else I use.. without VPNs.