Bitcoin Forum

At what price do you guys speculate ethereum will start to stabalise as its been pumping ever since the start of May.

It looks like it comes from Slock.it DAO. I could get much bigger at the last day of the DAO thought...

Well lets just see how much this can take it up by I guess.

the dump was caused by vitalik getting is cut from his bag, so a little retun to the previosu value was expected, however i' not seeing it surpassing 0.03 any time soon if ever...

People need eth to buy dao, smart move to temporarily increase the demand for eth.

Should slow down as most people have bought in by now, but buy pressure will be higher during most of the ico.

Double spend

https://bitcointalk.org/index.php?topic=1457728.0

Disregard, user was fudding

it is going to stabilize soon and i don't see any price above 0.03 bitcoin either. and it will start coming down just like before. it is a temporary rise.


haha, what the hell is happening to this coin, everyday there is a new drama with it rising out of nowhere.
it is fun to watch it though ;)

I agree in seeing this as a temporary rise, but its great as I have my pockets full now and any decrease would lead me to cash out till it increases again which is quite possibly inevitable

The eth value must be 10$. below everytime cheap my idea.

It's a scam and will dump soon.

This post sums up a newbie  ;D (bro at least tell us why you think that or something more)

Its going to the sub $5 range. It has no use case and it very overvalued at $9 in my opinion.

In all honesty you can't really call Ether a scam, it is just manipulated as every other altcoin ( and bitcoin for what matter ). In regard to the the technology and what is being developed there is nothing scammy in it

well, no argument there. i totally agree with you. i always get cheerful when i see a coin getting pumped because i am usually having some to sell on the top and i have bought it before the pump.

but this time i missed it though, well not really miss the pump but i decided to not go in because i had my funds tied in other places and i didn't want to take any more risks on ETH because i believe the its days are numbered.

May be eth will grow till the last DAO day (it will be HUGE panic buy on the last DAO day) = fear of missing something (human nature)

Thats a good possibility

As illogical as this may seem, especially since The DAO has a 28 day buying window and the first 14 of those will be at the cheapest price (meaning the last days are most expensive), I expect you will be proven right as people will just have to get in before its too late.

I think the price will stablise around the 0.02 range. If that can be hold, it is great achievement as it is 10 times higher than a few months ago.

My mining rigs are all paid for themselves as of today, now its all profit ;D

Congratulations! but why post it here on this topic? just wondering  ;D

i don't think we are going to see any stability in ethereum anytime soon. it has been a wild ride and it is going to be like this because of the excessive amount of hype surrounding this coin which makes it dangerous sometimes to invest,


i also made a lot of money bitcoin by just buying ETH at the bottoms and dumping it on the top, but i don't see what your point is by posting this here!

Yes its very much hype-driven, news and update based so far. It will be interesting to see the effect of the block halving on bitcoin and ethereum.

My prediction is that there will be a BTC dump/ETH pump at halving, because people will be disappointed that BTC price has not doubled!
 ;)  ;)  ;)

And then, shortly after, the other way around!
 :D  :D  :D

Im predicting a rise in Bitcoin after the halving and in Ethereum before, but basically both of them rising and stabalising definitely higher than the price a month before it.

That's when I got interested in buying more, as the resultant bearishness looked overdone.

The DAO folks might well have set up the ICO bonus timeframes in order to avoid a short-term ETH pump. Price-wise, there's really no hurry to buy ETH if you want 100 tokens per ETH.

I think initially ethereum get pumped by slock.it DAO Ico as they have only allowed ethereum as medium to buy tokens and some fuel to it has been added by recent hoax or truth created by craig and gaven. When both of this will be out of the story headline than only i think we will see dump in market till than good idea is to keep buying.

Why there is no DAO based on the bitcoin? What is the benefit of using the Ethereum to buy the token?

You might wanna get out of ETH at least temporarely in the last week of May; a lot of money/crypto is probably going to be (re)directed to Lisk (released on the 24th). New oppertunities to buy high and sell low  ;)

This is an interesting idea my friend. Although I see eth taking a dive right before the halving as well, then quickly recovering as btc downtrends.

Thank you again, I hadn't considered this. Going to chew on it a bit.

You get a cookie  ;D

https://happyorhungry.files.wordpress.com/2011/10/cookie_monster_original.jpg

 :D  :D  :D

Exactly!  Every coin can be pumped and dumped that is the nature of the market.  The lower the price of the coin the easier to do so.  We all can take advantage of this if monitored closely.  I once believed in just holding but there is huge benefits in trading and riding the fluctuations.
Ethereum and Bitcoin alike deserve respect or at least a little praise for what they are attempting to achieve. 
Nay sayers may gawk at Ethereum but when millions are moving through the market it really is hard to ignore.  The Dao is just another step to help secure Ethereums success. 
It's funny to keep hearing the same negative comments of different coins over the years and it always starts one of two ways. 
1.  "It's just a pump and dump, the dev is just trying to make money"   Well duh, wouldn't you?
2.  "I'll just wait and see where this coin goes..... Oops too late.  I wish I would have bought in when I first heard about it now it's too late"  People who have the opinion that it's too late will forever miss oportunities.

It's never too late, sure it's easier and cheaper to start at the beginning but none of these coins, tokens or what have you are any where near maturity....
If you don't have the patience to see the potential of this market get out.

You'll notice most of the derogatory threads and posts come from newer members - just an observation.

^ But what's nice with the ETH market is, it's so liquid that it's easy to get out if the trade goes against you.  That means you can buy larger stakes without fear of being trapped.

 Stan Larimer, the founder of BitShares was who proposed this concept on 2013 aprox. Now Vitalik from ETH He puts this fashionable again thru ETH. About your question I guess that they need have control of as many as they can to have an effect on decisions over ETH mainly, The more ETH that they have the best for them so they may even have better ETH price control.

Edit:  I dont think that BTC need a DAO type organization   because it have a dominance about 80% actually besides of that it type of organizations have certain legal implications yet I guess.

For now and maybe forever all coins need Bitcoin.  That is it's purpose.  Things may change in the future but Ethereum and others (other blockchains) are paving new ideas of what blockchains can be used for.  Quite exciting to witness actually.

Haha.

Honestly I can see this happening