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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ProfessionalGoogler on April 09, 2016, 04:25:14 AM



Title: Call the bottom - Ethereum
Post by: ProfessionalGoogler on April 09, 2016, 04:25:14 AM
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  ;)


Title: Re: Call the bottom - Ethereum
Post by: r0ach on April 09, 2016, 05:18:28 AM
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


Title: Re: Call the bottom - Ethereum
Post by: lordoliver on April 09, 2016, 07:43:15 AM
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I think you should rethink a little more about security differences if it comes to POS/POW. There is literally no difference of buying half of the coins or half of the mining capacity if it comes to a coin with a high market cap. POS with forging is the equivalent to interest in your bank account and so its a good way to go...
Mining is perfect for a fair distribution method. Its also fine, if we find a way using the mining power for calculating useful things, but the waste of the SHA shit is for the ass...


Title: Re: Call the bottom - Ethereum
Post by: Bazelak on April 09, 2016, 08:52:20 AM
I do not think the Ethereum has reached the bottom yet. If the price stay around 0.02 for 2 to 3 months, then it is the bottom.


Title: Re: Call the bottom - Ethereum
Post by: mirana12345 on April 09, 2016, 09:08:41 AM
I do not think the Ethereum has reached the bottom yet. If the price stay around 0.02 for 2 to 3 months, then it is the bottom.

Ethereum to me looks like one of the most manipulated coins anyway, i wouldn't be surprised if it goes way lower, and then a few more
pumps and dumps, just to make profit for large holders. If you are thinking of investing, i would advise you high caution.


Title: Re: Call the bottom - Ethereum
Post by: zaph3t on April 09, 2016, 09:26:03 AM
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I think you should rethink a little more about security differences if it comes to POS/POW. There is literally no difference of buying half of the coins or half of the mining capacity if it comes to a coin with a high market cap. POS with forging is the equivalent to interest in your bank account and so its a good way to go...
Mining is perfect for a fair distribution method. Its also fine, if we find a way using the mining power for calculating useful things, but the waste of the SHA shit is for the ass...
Mining is a waste of Electricity and no fairness - POS is the way to go for a good healthy network and fairness. Everyone can keep their wallets staking but not all people that can buy expensive mining rigs and keep mining forever.


Title: Re: Call the bottom - Ethereum
Post by: Capitascism on April 09, 2016, 09:28:35 AM
Now everybody want to see LISK released. This might be even better pump and maybe historically highest prices for some alts, in comparison to other similar projects, or maybe LTC , DASH who knows, trading already started (token trading) with very good volume.


Title: Re: Call the bottom - Ethereum
Post by: Days on April 09, 2016, 09:37:10 AM
I would hope it goes back to $5 levels, ETH has been good so far for me.


Title: Re: Call the bottom - Ethereum
Post by: $dakini on April 09, 2016, 09:41:19 AM
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH


Title: Re: Call the bottom - Ethereum
Post by: Capitascism on April 09, 2016, 09:52:54 AM
Probably we will see many pumps and dumps with this project, because this is way for making money.
 If drop significantly i will rejoin, but till then i'm in others related and even better projects.


Title: Re: Call the bottom - Ethereum
Post by: r0ach on April 09, 2016, 06:54:18 PM
Mining is a waste of Electricity and no fairness - POS is the way to go for a good healthy network and fairness. Everyone can keep their wallets staking but not all people that can buy expensive mining rigs and keep mining forever.

Wrong.  No matter how you try and spin it, closed entropy systems are permissioned ledgers that aren't decentralized.  Distributed yes, but not decentralized or permissionless.

If you don't understand why, read this thread:

IOTA - Permissioned ledger Russian extortion scheme

https://bitcointalk.org/index.php?topic=1414866.0



Title: Re: Call the bottom - Ethereum
Post by: Raja_MBZ on April 09, 2016, 07:48:46 PM
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  ;)

I agree with the first line of your post. I guess it's time to buy it, and it will go back to $12 soon. However I don't see the value of ethereum anywhere closer to $25 in at least upcoming 3 months.


Title: Re: Call the bottom - Ethereum
Post by: themasknetwork on April 09, 2016, 08:27:39 PM
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


Ethereum is not a POS coin and it had a fair distribution. It has some serious design flaws in my opinion but it's as decentralized as Bitcoin is. Why do you think it's not a decentralized currency ?

Does Bitcoin scale ???? Right now the blocks are full and in 2-3 months it's going to be much worse...   


Title: Re: Call the bottom - Ethereum
Post by: r0ach on April 09, 2016, 08:43:29 PM
Ethereum is not a POS coin

Unless you live in a cave, it's been known forever Eth is converting to PoS.  Eth was designed solely as a cash grab, and you can't have an IPO for a PoW coin and then leak mined coins after (investors don't like being diluted), so to make as much money as possible, they used PoS because you can't IPO with PoW!

Does Bitcoin scale ???? Right now the blocks are full and in 2-3 months it's going to be much worse...  

Just wrote about that topic 5 seconds ago:

It doesn't matter what % of blocks are full you stupid fucks.  All that matters is what the average transaction fee is.  Since there is no minimum transaction fee, the blocks are basically designed to be full at all times eventually even if you set it to 100MB blocks.  Segwit + hard fork in 2017 = 3.2MB blocks.  Then schnorr multisig on top of that should lower transaction sizes and increase TPS further.


Title: Re: Call the bottom - Ethereum
Post by: veles7 on April 09, 2016, 08:55:36 PM
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  ;)


Title: Re: Call the bottom - Ethereum
Post by: lolikop on April 10, 2016, 12:06:08 AM
5$ for sure whatever comes next depends on new hype/news


Title: Re: Call the bottom - Ethereum
Post by: katana on April 10, 2016, 12:17:20 AM
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  ;)
ppl are going for lisk, which is at the hype just like the ETH pump before. ETH can go further lower at any time.


Title: Re: Call the bottom - Ethereum
Post by: cryptojacko on April 10, 2016, 12:52:41 AM
I do not think the Ethereum has reached the bottom yet. If the price stay around 0.02 for 2 to 3 months, then it is the bottom.

Ethereum to me looks like one of the most manipulated coins anyway, i wouldn't be surprised if it goes way lower, and then a few more
pumps and dumps, just to make profit for large holders. If you are thinking of investing, i would advise you high caution.

This, exactly this.

ETH is such a manipulated market.  Some whales drop in and start a pump and then all the little fish say, ME toooo, I fear missing out!!  Next thing you know the volume soars even more while the original whales start selling.  It still has a long way to go down, I'm sure there will be more pumps along the way to rip the money from silly bad traders


Title: Re: Call the bottom - Ethereum
Post by: The Sceptical Chymist on April 10, 2016, 01:33:03 AM
0.00000001 btc.  That's the bottom.   Don't know when it's going to hit it but I suspect it's the target price of a lot of the altcoins.  I'm not sure that eth is as shitty as the rest of them so I may be off by a few orders of magnitude.


Title: Re: Call the bottom - Ethereum
Post by: BitcoinNational on April 10, 2016, 04:32:28 AM
https://i.imgur.com/SsaMy7h.png?1
bull trap wrapping up
bag holders will be moving from 'denial' to 'fear'

winter is coming ... long long bear market for $ETH
there will be a bear feast down in the valley of Despair (-$2)


Title: Re: Call the bottom - Ethereum
Post by: iv4n on April 10, 2016, 04:55:03 AM
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  ;)
ppl are going for lisk, which is at the hype just like the ETH pump before. ETH can go further lower at any time.

What else could we expect from eth?! Some people was talking aboit eth pumping and dumping but people didn't believe it. Now eth is going down slowly, people are cooling after a big game. I agree that people are looking for new coins to invest and eth looks like forgotten for now. LISK stole attention from eth and I don't believe eth will rise again. Chances for that are very low, but not impossible.

I see some people talk about eth going on 2 $, if eth comes to that point next one is 1 satoshi. I don't believe that ethereum can rise from ashes like a fenix.


Title: Re: Call the bottom - Ethereum
Post by: scyth3 on April 10, 2016, 06:43:01 AM
Ethereum is a premine and IPO scam. So $0.01


Title: Re: Call the bottom - Ethereum
Post by: Capitascism on April 10, 2016, 10:38:31 AM
And as every investment this one will be squeezed for Btcs multiple times.
Probably we can expect PnD schemes till end of halving story of Btc. Same will happen and with Lisk.


Title: Re: Call the bottom - Ethereum
Post by: google98 on April 10, 2016, 10:42:33 AM
Since quite a lot of big players are involved in ETH (MS, JP Morgen etc) I suppose ETH will come back again and gain steadily in value...

I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
Why 5$? Why do not 10-12$? Many people go to buy Lisk, and forget for some time about popular last month ETH  ;)
ppl are going for lisk, which is at the hype just like the ETH pump before. ETH can go further lower at any time.

What else could we expect from eth?! Some people was talking aboit eth pumping and dumping but people didn't believe it. Now eth is going down slowly, people are cooling after a big game. I agree that people are looking for new coins to invest and eth looks like forgotten for now. LISK stole attention from eth and I don't believe eth will rise again. Chances for that are very low, but not impossible.

I see some people talk about eth going on 2 $, if eth comes to that point next one is 1 satoshi. I don't believe that ethereum can rise from ashes like a fenix.


Title: Re: Call the bottom - Ethereum
Post by: silverbox on April 10, 2016, 11:42:52 AM
Around $2-3.  Where cost to mine is slightly lower then the exchange price.  Possibly even lower, leading to a shrinking mining network and POS oblivion..


Title: Re: Call the bottom - Ethereum
Post by: sandiman on April 10, 2016, 12:07:51 PM
Come on guys ETH is having a bad week end as most of the altcoins ...


Title: Re: Call the bottom - Ethereum
Post by: Capitascism on April 10, 2016, 12:23:24 PM
This is how ico functions, at the first we have pump then few days after even better one and everyone stay astonished. But soon after this when plenty of orders are placed, dump will happen. And after this we can see few small PnD but never as was the second!


Title: Re: Call the bottom - Ethereum
Post by: Za1n on April 10, 2016, 12:39:21 PM
I'd say somewhere down around 0.015 BTC or about $6 is where it will bottom out, might even touch $5 for a bit. This will scare out most people into giving up and selling their $10 ETH for half price before the slow pump begins again. This will probably happen in fits and starts as they will need to shake out people on both sides, bears and bulls enough first before next pump. This will probably occur over several months and I am sure we won't see returns to previous highs anytime until well after the BTC halving has come and gone.


Title: Re: Call the bottom - Ethereum
Post by: DaveWave on April 10, 2016, 12:43:38 PM
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  ;)

and 24 hours later you are about to be shown up as not having a clue about calling anything lol.



Title: Re: Call the bottom - Ethereum
Post by: mammon on April 10, 2016, 12:48:30 PM
ETH has risen to fast, so a normal "heavy" correction, nothing more.
Maybe it will go down a little more, but ETH is here to stay and become a large player.

Everyone telling "it's a scam" or something like this, just don't -want- to open their eyes!
Are there really people who thought this would keep rising and rising? Come on, that's not how it works...





Title: Re: Call the bottom - Ethereum
Post by: Come-from-Beyond on April 10, 2016, 12:57:12 PM
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I suggest to ignore words of r0ach. He is famous of talking bullshit that he doesn't believe himself as proven in https://bitcointalk.org/index.php?topic=1414866.msg14339679#msg14339679 and below (he didn't have balls to put money where his mouth was).


Title: Re: Call the bottom - Ethereum
Post by: uberpatzer on April 10, 2016, 01:09:02 PM
Short term bottom: 0.016'ísh

Long term: zero.  I have not seen anything of value created with ethereum.  Only a betting.... ehmm predictionmarket dapp - Augur, which is nothing special in itself.

 


Title: Re: Call the bottom - Ethereum
Post by: Capitascism on April 11, 2016, 05:52:59 PM
I think we are going to 0.01 and will stay there for some time probaby. But we can still expect pump from project.
 But now is very high risk, so if you considering to invest place orders lower and you can earn on correction..


Title: Re: Call the bottom - Ethereum
Post by: jmpFCE2 on April 11, 2016, 05:58:04 PM
funny Genesis Mining still charges 4400 USD for a 100 MH , 1 year ETH mining contract , LMFAO


Title: Re: Call the bottom - Ethereum
Post by: r0ach on April 11, 2016, 07:02:34 PM
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I suggest to ignore words of r0ach. He is famous of talking bullshit that he doesn't believe himself as proven in https://bitcointalk.org/index.php?topic=1414866.msg14339679#msg14339679 and below (he didn't have balls to put money where his mouth was).

Why not link to the first post so people can read through the entire thread and realize you put up no argument to counter those facts.  It's a permissioned ledger extortion scheme.  I've noticed you've been posting a lot of pro-Eth shilling comments even though it's also an obviously broken system with a similar IPO cash grab.  Is this because you're invested or both Russians?


Title: Re: Call the bottom - Ethereum
Post by: Come-from-Beyond on April 11, 2016, 07:19:17 PM
Why not link to the first post so people can read through the entire thread and realize you put up no argument to counter those facts.

That my post quotes the OP, so it's enough. You can keep making excuses but I wouldn't pay much for your words now.


Title: Re: Call the bottom - Ethereum
Post by: Rune on April 11, 2016, 09:13:48 PM
I am pretty sure the dip to 0.0176 was the bottom now we will just float around 0.02 for a long time.


Title: Re: Call the bottom - Ethereum
Post by: houlala1 on April 12, 2016, 12:02:41 AM
It will go lower when BTC will seriously start to pump in the next 5-7 days


Title: Re: Call the bottom - Ethereum
Post by: bitfranky on April 12, 2016, 07:44:05 AM
It will go lower when BTC will seriously start to pump in the next 5-7 days

Highly possible, let's see how it goes when BTC pump starts.


Title: Re: Call the bottom - Ethereum
Post by: bitcoin carpenter on April 12, 2016, 01:14:28 PM
Will rebound in 5-15 days off .01  probably hit .022 fizzle then slowly drop down over a prolonged bear market before it gets a chance at testing it's true worth again.


Title: Re: Call the bottom - Ethereum
Post by: ProfessionalGoogler on April 12, 2016, 05:05:47 PM
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  ;)

and 24 hours later you are about to be shown up as not having a clue about calling anything lol.



*yawns* Still waiting.  ::)


Title: Re: Call the bottom - Ethereum
Post by: Capitascism on April 16, 2016, 05:36:45 PM
Whales are on vacation i believe, but they can return and surprise us all. This is what i like most,
you can earn many times, only on one coin if you wait. And if you are smart not to listen others.


Title: Re: Call the bottom - Ethereum
Post by: densuj on April 16, 2016, 06:12:13 PM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D


Title: Re: Call the bottom - Ethereum
Post by: Bazelak on April 27, 2016, 07:49:29 AM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D

Can you reverse the order? You can borrow the Ethereum and sell at $9. Then you buy back at around $5?


Title: Re: Call the bottom - Ethereum
Post by: sandiman on May 03, 2016, 01:35:34 PM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D

Can you reverse the order? You can borrow the Ethereum and sell at $9. Then you buy back at around $5?

so many people burning theirselves ... when margin calls...


Title: Re: Call the bottom - Ethereum
Post by: densuj on May 03, 2016, 02:39:40 PM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D

Can you reverse the order? You can borrow the Ethereum and sell at $9. Then you buy back at around $5?

so many people burning theirselves ... when margin calls...
I trade never use margin because that is dangerous, our emotion will become unstable and that will make lost on trading.


Title: Re: Call the bottom - Ethereum
Post by: sandiman on May 03, 2016, 03:16:07 PM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D

Can you reverse the order? You can borrow the Ethereum and sell at $9. Then you buy back at around $5?

so many people burning theirselves ... when margin calls...
I trade never use margin because that is dangerous, our emotion will become unstable and that will make lost on trading.

Rules in trading: don't let your emotion interfere. That's why when trader open a position, they already know when they will exit, no matter what (down or up).


Title: Re: Call the bottom - Ethereum
Post by: BTCLovingDude on May 03, 2016, 03:22:18 PM
i can see ethereum be worth at the $10 range and go up and down like a jump rope with the price but i don't see how it can rise up to some high prices like $25+ as OP is suggesting.


Title: Re: Call the bottom - Ethereum
Post by: Spoetnik on May 13, 2016, 08:11:04 AM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D

Can you reverse the order? You can borrow the Ethereum and sell at $9. Then you buy back at around $5?
lol :o :o

SOL  :D ;D


Title: Re: Call the bottom - Ethereum
Post by: ProfessionalGoogler on May 13, 2016, 09:15:21 AM
I am waiting until $ 4-5, and i will buy then sell on $8-9 i think that is more rationable :D

Can you reverse the order? You can borrow the Ethereum and sell at $9. Then you buy back at around $5?
lol :o :o

SOL  :D ;D

Keep bumping my old topics more thanks!  ::)


Title: Re: Call the bottom - Ethereum
Post by: ProfessionalGoogler on May 18, 2016, 03:43:47 AM
Pew pew pew..

http://i67.tinypic.com/2a0m3qh.png

Off by a buck aye.


Title: Re: Call the bottom - Ethereum
Post by: Ayers on May 18, 2016, 06:43:03 AM
0.02 look very solid know, i think that is the bottom, not going lower another time after vitalik dump, now it's heading to 0.03