Bitcoin Forum

For the past 6 weeks, I guess I've been buying and selling ETH more than 20 times. Each time with a profit. Last time I've bought, I paid 0.029 and I had the opportunity to sell with a profit, which I did, but I've chosen to hold 10 ETH. I won't sell them no matter how down the price may go. I'm doing that because I want Ethereum to be more than pump and dump. The idea, the whole project, I want to support it. It is a great project. The currency may go down, but I sincerely hope the big project behind will be successful. I also hope I'm not the only one.

I feel the same.  Will hold a small amount because I think the project has potential and there is a lot of talent behind it.  This could just be a price correction and no need to panic.

Yes, there are many topics already, but they're all negative, so I decided to start a positive one. There are good things in Ethereum. It's a great idea, and I'm betting on its success sometimes in the future. Actually, I may even start something with it if OpenBazaar doesn't grow as fast as planned.

You an idiot for doing that because ETH is doomed for failure.
AND.. NOW this is another Negative topic too ;)

Has it occurred to you to wonder.. WHY
those other topics were negative ?

By the way prove it..
2nd of all prove it again on a regular basis
3rd supporting a scam with money does not make a coin legit.. it's still a scam.
NOW backed by YOU.

I'm in the same boat and I'm tempted to just buy back in.  I don't have a really strong opinion on eth either way though--I'm very conflicted.

ETH is a great shitcoin.

Great because have a strong team with a excellent marketing.
Shitcoin because is a shitcoin... and may be always be it.

The ETH's momentum is the storm on Bitcoin.

I'm holding some ETH because I think more negative news will come from Bitcoin drama.

I'm sure about the good future about Bitcoin, but this year is, and will be whole, a drama.

I'm long on ETH. It's a fantastic new tech and just in its embryonic stages. Remember we are just out of beta.

Of course you're not the only one. At first skeptical of the ether, because of its bloated in the media and online forums.
Do not expect a quick growth of the coins, you need to wait for the time and the situation is stabilized.

yes, I'm a proud backer of Ethereum, and I shall add that most people everywhere were enthusiastic about it 2 months ago.

The problem is that a few weeks ago, some folks with too much money started to buy ETH like crazy and the price shot the moon, but I hope those days are over, so that only normal people use and deal ETH.

it is nice that you are supporting a project that you love but at what cost?

i like ETH but i like my money more. i really enjoyed the ETH ride in the past few weeks and i bought and sold many times just like you. but even i sold my ETH as soon as i felt danger was near to avoid further losses.

i will make sure in the future to buy back if the price seemed right to me and i felt it has a future.

I'm going to keep like 15 Ethers too. Their project looks pretty good to me. There is a bit of negative fluctuation right now in Ethereum price, but I guess that it will go up soon again to $13-$14 for sure.

But the question is how is it going to effect other coins that use ETH like Factom ? 

why not sell now and then buy again after the dump stopped. you can buy even more ETH then.


they have been taking a dive too. started even before ETH.

I heard about this coin a lot outside this forum , but when I checked here most people are giving negative feedbacks
anyways try not to lose with this new coin , holding like 10 coins won't hurt though
for me I will stay a bitcoin believer , for me btc has always been a good investment

unfortunately the prices going to down now but this is your decision and i hope you won't be regret about that because actually some people buying altcoins only care about how to get money from that and very rarely to see someone like you and i hope people will follow your steps and not just thinking about the profit

Markets have a tendency to eventually value things for what they're worth "now". Not in several year's time.

Right now there's about to be tens of thousands of daily Ether mining supply hitting the exchanges against greatly diminished demand due to bubble burst & profit taking.

Expect the market to reflect that.

Quiz: What does S.G.D. stand for ?
Clue: A post-pump favourite of coins with "strong fundamentals" ;)

Thanks for your support. I want to look further away than making a small profit, besides my investment is minimal. I'm only holding 10 ETH, that's only $100. I made more than that in the past weeks buying and selling ETH, so I don't mind losing some of my profit. I shall also consider that this was totally unexpected. I hadn't imagined ETH's value would skyrocket the way it did.

I hold ethereum. I backed in the crowdsale and I have not sold a single one. I beleive in the dev team. Todays price or the last ath doesnt mean a thing to me. If you beleive in something stick with it. Im not here to make a measily few dollers per coin. Its all or nothing for me. I will hold for 2 years and re-evaluate. Ethereum is not even in full release, not until metro. Theres plenty of other people like me that bought into the crowdsale and hold for the same reasons.

ETH is a unicorn, that does mean something. We are seeing a paradigm shift here.

I was wondering about ethereum as an holder suffering from its insane speculation, then had a look at one of the dapp being developped, Slock.it, and all my doubts desappeared.

Im actually hoping for a mega crash so I can accumulate another few k of ethereum so I can stake when the transition to pos happens.

What do you think? Will ETH rise back? Or should i sell whatever i have?

Depends. Are you stuck for money? If going long term you should be hoping for crashes to accumulate more.

Of course it seems an interesting option to diversify your investment portfolio, but I prefer to follow the leader (bitcoin), because it is the King, the number One, and I will be with the King until he dies, although I hope it never occurs, but it is undoubted that Litecoin was far outweighed by Ethereum as the second most important altcoin. 

Brother, you better open your eyes and realize how many problems Bitcoin actually really has. Diversifying is only viable option in my opinion. Never put all the eggs in the same basket. Never!

All the alt coins have problems but still even though bitcoin have problems the developers are trying their best to solve that,but when it come to eth it will be a failure coin.

It is very common in every industry that the first mover lose his advantage toward competitors because one or several competitors found a better "design" more adapted to general audiance. And for the moment it seems that it is exactly what is happening with bitcoin.

ETH has great IPO also have lots of features but still its future is floating due to halving. It has already assume many coins to be generated even Microsoft invested in Ethereum for application development. So In coming years ETH might be one of the precious currency used for trading in ecommerce.

I as well am holding a few Eth as their project seems very interesting.
Hopefully the price will remain stable, especially as more services continue its adoption.

Has anyone been using their contracts/coding services that they offer for anything?

I sold all my ETH. It will continue to go down. I can buy back later if I want.

It might not go much lower then this. be careful or you will pay more then you sold them for.

I want to know who here has more than $10,000 in ETH now?

If you identify yourself, I will take the time to explain why you are holding a technological lie.

I won't waste my time trying to explain for these idiots who drank the Dapp Koolaid and thus have their lunch money invested in a technology they do not understand why it can't function and why Vitalik and Vlad and their development team are inexperienced and incompetent (except quite competent at taking money from fools).

Many people are holding more then 10K in eth. It went from pennies to 15$

I'll wait for someone to identify themselves. So I know whom I am explaining to. I don't want to waste my time arguing with people who only have their lunch money invested.

There are many things I love about Ethereum but I am still hesitant to invest in ETH.  98% of volume went through Poloniex on the initial pump.  Has anyone been watching Poloniex lately? It resembles more of a crypto gambling site than an exchange.  Pretty much all coins with little outside volume have been pumped and dumped multiple times and no one finds that odd???

The most frustrating thing about this whole ETH craze... just because the ETH hype has raised it's market cap ahead of Ripple XRP and closer to BTC people seem to think Ripple and Bitcoin are dying and Ethereum is going to take over the world. This is not true because they have totally different utilities.

BTC had the best initial distribution - I would say it's use in the future is limited to large purchases or investors looking to hold something other than their fiat very similar to gold.

XRP is taking the top down approach and will be the best bridge currency for cross-boarder transactions and banks trading outside of their permissioned networks.

Ethereum is smart contracts...




 

Ethereum has never been a storage of value but solely a medium to enforce smart contracts. In that context, I don't understand how Ethereum's value is justified.

Which I have explained in the Ethereum Paradox thread have no use cases that work technically.

For example, Slock and Augur won't work technically.

The details are all there for those who don't want to drink the Dapp Koolaid.

Have you write something about Bitshares?

Yes. Search the Ethereum Paradox thread for "BitUSD". Or maybe it was in the "POLL" thread for which coins are scams.

Btw, proof-of-stake will never scale out user adoption, because it is a vested interest paradigm, and thus will be destroyed by its stake holders. No stake holder (in any context or business model) allows a competitor to profit. Only permissionless, decentralized systems scale.

I recently sold my ETH, but maybe I will buy it again and hold it, because I am very happy to trade with ETH, it makes me really profit  :)

https://www.youtube.com/watch?v=kn481KcjvMo#t=60  <--- Very important

Well yeah i hope they're not just like some other coins that come and go and buried forever. Diversity is a good thing.
They've put so much effort to hype the coin, they should at least have the decency continue its development.  And i mean they've profit a lot so they might as well give it a go and help it mature.

TBH that is the only hope any of the holders or investors have and i do think that many of them will be interested when it turns POS anytime in future(a year maybe).

The decency will be maintained until the noobs are getting in it and they might take it to some high value to get out slowly or something else but it is not a short term pump and dump at least.Holding might not be a bad idea.

in my opinion holding ETH is not a good idea, i find it super scary there is just a lot of it avilable (nearly 80 milluon ETH) and there is a big possibility of big dump which can crash the price

I hold ethereum too, by the way. I'd actually be happier/better off if ethereum takes over the globe vs Bitcoin.

Do you have anything else to do with your life apart from going from topic to topic being an a**hole to everyone who posts and just posting baseless FUD on coins you know nothing about?

 You Long and shorted the hell out of that asset draining the literal soul from it. Now your holding a whopping 10. No offence intended but you and your ilk are part of a big problem in crypto. All you needed to do was calm down and ETH would have been above $20 by now, and it had a very strong possibility of reaching way above that. The truth is you didn't support the coin at all. You supported your greed. Still, I have a strong hunch its not over,  far from it.  :o

If you held for so long, congratulations.
But things are shaking out there, better to ensure part of the investment and buy back more in the inversion.

The greed of a trader really makes the price go down as they only want profit for them and not seeing that the price is gradually going down and down.
Well im not into ETH but all coins have the same provability.

Maybe you should stop investing if you get emotional about it

well i haven't been that lucky but i did over perform as well.

well no you're not the only one. every coin i happen like and enjoy i'll buy a pocket-full, just for keepsake.
Eth is definitely on that list!

welll.. lets hope not. but meh.. lol