Bitcoin Forum

The price of Ethereum crashes and Bitcoin hits all time high on his own exchange (since it's inception).  This dirtbag likely attempted to insider trade knowledge of his exchange adding Ethereum thinking it was going to cause some type of moon rocket and instead got left holding the bag on a failed trade.  Here's to you, Fred Ehrsam.

https://i.imgur.com/AcCAMSc.png

https://i.imgur.com/zV0VEGA.png

https://i.imgur.com/rE2ixI0.jpg

I think this is pretty funny.
First that guy praised Eth with his stupd medium post and after that Bitcoin came back with a nice reaction and showed him the middle finger the last 2 days. Awesome!;D
Coinbase will get what it deserves!

I wouldn't call ethereum a scam token, though. It's quite a cool system... if not really a coin. Ethers were never really meant to be coins anyway.

It's been proven a million times already. Since the very begining, when king Bitcoin starts going up, it just means that the rest of the altcoins are getting dumped in order to move to the winning team, and that's Bitcoin team.

By the way, what website are you using to check the Bitcoin price? that website reminds me of the old times, when MT Gox was still alive, the website I was using looked like that, but I cant remember what site that is.

If I'm not wrong I would say this chart is from bitcoinity.
https://bitcoinity.org/markets (https://bitcoinity.org/markets)

Pretty cool website.
Like to use it as well.Especially to check the order books.

Most altcoin users/holders only have them in the hope that they rise in price so they're able to pump the profits back into bitcoin. Most alts are only ever intended to be used as an intemediary way of being able to buy more bitcoin.

Bitcoin is the undisputed heavyweight crypto currency of the world.

I think this is something that is natural, because the ethreum are still using Bitcoin units for each transaction. Different if he set up an independent unit this transaction is carried out with the unit using Bitcoin as any currency. But this could also be the beginning of the decline of the price of the Bitcoin because Ethreum will do everything so that he is superior to the Bitcoin

ETH, also known as "speculation coin" (read further), is now a joke because of several factors (e.g. the bots, the manipulative marketing, the shill attempts at spreading FUD against Bitcoin). Surely ETH has a lot of  potential, but it was never designed to compete with Bitcoin. Each can have its own place unless one gets sucked in by corporate manipulation.

Which is correct right now, i.e. ETH being overpriced.

Correct.

Here's an illustrative way of showing how Bitcoin 'feels' about ETH:

https://i.imgur.com/sxKKC0b.png

Quite interesting post from you here. What potential you see? And a lot as well?
I cannot see sth for really earning money yet. And if there is it might be done by a central company or even by a fork....

Okay....There's a bigger picture here that's being over simplified in my opinion.  The Ethereum project and the Bitcoin experiment are not opposing technologies.  Ethereum was never meant to be a replacement technology.  If one were paying attention, they would instantly recognize that the Ethereum project's goal is to change the way contractual information is distributed, accessed, and implemented across the internet.  It wasn't designed to be a vehicle to exchange monetary value....for that, it still needs bitcoin.  Ethereum and Bitcoin are supplimentary systems, not alternates or substitutes.

EDIT: And I think the recent price swings had a lot to do with the 150M USD pushed into the DAO.

Indeed nice coincidence.
If he really wanted manipulate market that way, he failed miserably and lost probably thousands of dollars at minimum.
Wish him luck in future.

Well, that's a nice coincidence, but I don't think that statements saying bitcoin is dead deserve any attention. Most of the times it comes from people that don't understand the technology, given that bitcoin can't die as long as there's people using it and the rest of times it's a misinterpreted statement.

Hey, you know what they say, about the fat lady singing .... right. It's not over for Bitcoin, and it has not been over for Bitcoin the 200 times it was been predicted before. We will see a lot more of this

fake pumping of Alt coins and also private ledgers in the future, and we will survive after that too. Bitcoin is like AIDS, once it takes hold of you, it never lets go.  ::) We will see a lot more Eth bag

holders in the near future.  ;)

Your post is nonsensical. How does coinbase (oops... excuse me ... GDAX) get paid? Every exchange it processes, coinbase gets a small cut. From a profitability standpoint, it careth not the absolute price of the underlying securitiesassets, only the dollar volume being exchanged.

edit: see emphasis (feds get all huffy about the word 'securities')

One thing is adding altcoins for trading and earning fees from this, but hyping obvious pump and dump coin with terrible distribution where 60 million out of current 80 million coins come from initial notpublic IPO sell is just shame. This is big difference, anybody hyping so much should be considered initial IPO buyer with lots of ETH to get rich himselves at the expence of those not familiar with details about ETH.

REKT

agreed,etherum look like have better developer than other crypto currency or altcoin,they look serious to be good altcoin and so far the price going well and keep on high level.