It would be if a DAO didnt come up to scene. At 0.015 break there was a possible risk of flash crash due to stop loss spiral (amount of stop loss orders and margin calls >> amount of buy orders).
Coincidence?

Btw is there someone who really thinks that a virtual company without any regulation may work? Its a pure utopia, every this project may start its own ICO (as a little kickstarter), there is no need to build up an "Investment bank". Why ethereum devs start a company (they are technocrats not businessmen) if all the projects may use abilities of ethereum itself to fund them (respectively to beg funds to be funded).

Look at another PnD suspicious things - the DAO benefits the first joiners more than the late comers to ICO. It may be the last pump before someones big bag of ETHs is melted down.

And how the DAO will make contractors to pay back?

There are 2 crypto ways:

1) Contractor presents a nice project, abuses DAOs funds (dumping slowly at exchange), does nothing, only presenting nice whitepapers and bullshits and fake results of work. Then disappears when melting down of his funds is complete.
2) Contractor will have a nice results of work, creating good value, but he laughs at DAO and starts its own company giving nothing back.

Answers, answers... The healthier part of market will always doubt about everything and will demand answers and accusations.

Btw first impression of Vitaliks face is... so russian. I wouldnt entrust to him even a penny.

It looks like a complex... complex ponzi.

Buy ethereum... pump runs out of steam? Oh, doesnt matter, buy DAO! What is DAO? I still dont know what is DAO (and yes i have read the empty phrases at its webpage), its an organisation. Or just a brotherhood? However what is sure- its a servant of ethereums price, currently the only sense of existence is the pump of ethereum by direct buy support and the whole DAO looks like a gam(bl)e.

It looks very very similar to NXT, do you remember? There were also "smart contracts" - it was called "NXT tokens, NXT exchange, NXT colored coins etc." and it worked just to buy NXT until the whole NXT ecosystem as bitcoin 2.0 crashed and got forgotten. Ethereum is also proven to be 2.0, pumped by similar way and the same way will be dumped when the "contracts" get dumped to cash out by "contractors".

I find this project interesting and with huge potential however i have few serious notifications, take it as an opinion (doubts) of "average random visitor" who listened about storj for the first time

1. The testing of the project is a little weird. Its almost closed for anybody except people who were just in at beginnings or bought in until current pump. Every testing should motivate to have the most participants but you do the right opposite.

2. Storj becomes known as "the coin with 10.000 coins barriere". Today its almost 1000USD   This is not the best impression.

3. There is no sign of any testing other way than testing only the one side - the side of storage providers. Hell yeah only motivated storage providers. I dont think the test phase contains enough variables to simulate at least most possible cases if not all of them. I dont think there is enough testing e. g. at customer side (load of server which is managing customers, database of deals, backup of these databases, customer support, tickets, complaints). Not the headers and cylinders of hard drives but the customers will decide this game.

4. The system where the exchange rate of currency will dictate the price of service itself cant work. Fixed coin cap cant serve variable number of customers. There will be only a lack of demand or lack of technical resources, i cant realize how you will ingraft the almost fixed price of competitive services onto variable exchange rate of currency and variable market estate. There are 3 different variables tried to be messed up into one price, this is cut-and-try economical engineering. If everyone will be speculating or gambling with the price there will be almost zero real users of service. If the price will be fair enough and there appear real users people will start to gamble with price which will become oppressive and nobody will really use the storjage.   And last example - if the price will be ridiculously low, there appears big demand but nobody will be willing to provide his space so instead of price increase we will see unsatisfied demand.

Crypto has no mean at all being a holy essence of thin air however i think somewhere around 0.005 today and 0.01 tomorrow But only if ethereum really meets up some of its promises and potential.

Ethereum price is going down because there is no chance to hope it will make you rich fast if you buy in, thats all. Or you expect ethereum market cap even to bitcoin market cap in few weeks? No? Then just dont wonder where the price goes. Realize the marketcap, realize huge miners bandwaggon (diff going up exponentially) who have to pay the bills and dump almost every ethereum which is mined.
We have to go down first to go up later. Thats all.

Btw I dont personally expect the curve to be so sharp however short term return to 0.01 or maybe lowest despair at 0.005-0.0075 is not as unprobable imho. The huge daily volume cant stay at market forever and the river of cash flow coming to ethereum must get even some dry seasons.

This is the problem of usual behavior of the cryptomarket. Buy water, sell when it turns to wine because there is no more potential of wine to go any better, only going back to water.
People are just too much used to pump and dump so nobody will buy in when it is expensive and there is no safe space for a pump in short term. Market cap of ethereum around 15 percent of bitcoin is simply too high to be bought in massively. 10-15 percent was a top of any most successfull (understand: most pumped) previous altcoins ever in history. So people are careful when it comes to buy in. Ethereum is just too young even if it may have potential to overcome bitcoins popularity.

Me personally expect a little nervosity now because the market doesnt know where to go with price. Up? No, it has grown too much in past. Down? There is too much happening and popularity.

Rally missed, never try to catch up missed train. Pls FUD and dump...

Comparing Nem vs Ethereum is like to compare an ANT versus an elephANT.  In some ways similar but not so much

There are only few things to be answered and the answer must be YES:

1) Is that shit working? Yes? Fine.

2) Is that shit cheap? Yes? Fine.

3) Is that shit tradable? Yes? Fine. No? Doesnt matter.

4) Is that shit interesting in any way and has some real value of know how? Yes? Fine.

5) Support this shit mobile applications, API and similar things to be fully usable and not useless?

Then anybody may come and overtake it (just by buying) and using for promotion as an e-currency for his own product. If i were a bigger fish than currently i am i would use XEM just as a bonus currency for marketing and promoting my business. Its much cheaper to use any e-currency already circulating than developing and maintaining any. Just wait few years until small and medium-sized companies realize that all "shitcoins" can be used as cheap marketing credits without any maintenance costs. Its much cheaper to set up the price for fixed product/bonus every week or month than maintain the whole currency eco-system.
An example: An e-shop selling hardware/software will start to make a campaign to get more popular by specific community (usually people skilled in internet-things). He reallizes that running own bonus system is boring, a bit pricy and not very interesting. Running bitcoin is inefficient due to big transaction costs and too big value of btc making people to hold funds or spend somewhere else. So they will look for any altcoin with easy use for customers. And then the campaign may start.
Its all about community. And a community will occure only when someone will have any motivation to use. If a seller of lamps will give you credit of 50.000 xems to buy a lightbulb next time when you buy a lamp, people will use xems to buy lightbulbs or save them to buy something bigger after few buys. This is the easist way and anyone may do it. The seller reallized the margin when selling a lamp so he can take a risk of appreciating or deprecciating of his bonus currency given to customers to make them motivating to buy in his shop next time. Just a small and fundamental start of using any working altcurrency as a real currency. The more sellers will see a potential success the more will be e-currencies used and desirable.
Current problem is that developers and communities (no matter if greedy or not greedy) are trying to make desirability by the wrong way from the end of process instead of beginnings. They try to give an artifical value and wonder that there is none - the value blocks any desirability. The value doesnt come to existence at exchanges even if you pump hundreds of work or money into eco-system. The value arises from real use starting at zero not at any artifical "starting value" or "value of someones work". And the best start (my 2-xems) is usage as a bonus currency by any producer, seller etc.. Yeah and it will take months or years until sellers of any product reallize that. Me personally i dont see any better source of starting impulse to arise virtual currencies to get more real than virtual (now the word "virtual" has more senses than it seems, all of them sound sarcastic of course).

Just keep working and hope that a fish comes some day and reallizes the lure. Verba movent, exempla trahunt. However you can do only words, the example must just appear in time (if you dont have big business with real things and plenthora of customers). Ethereum and other projects have some connections to real business however i still notice no eshop selling bulbs for ethereums or giving me few bonus ethereums for every buy.

And the last word - as a trader i have been selling almost all my xems for 100+ satoshi shortly after the launch expecting some drop (except about 500k held forever just for good impression). Me personally i will start any action when the price drops even more trying to buy some good amount to start any marketing even if i am a small fish business. Few millions of Xems are a good starting pot to start giving them our customers as a bonus to make them to visit us next time again. We are internet service provider (non-profit organization - a very common specific in our country) so its all about buying a small pot of xems and spread up them to customers. We dont take any risk than few percents of incomes. But we are not stupid so we will buy-in only for low price to "risk" appreciating of value more likely than any more depreciating. Of course, remember that the main motivation is the originality making us interesting and it may happen that some web will inform the public about a metropolitan network implementing e-currencies - the cheapest promotion for our company AND e-currency ever. There starts the real value...

Everything what should move up it must go down first. So please let the price keep going down so we can (re)buy for a good price and dont mess this good business, thank you 

100 to 40 satoshi costs 60 satoshi in price but its nothing comparing it to 40 -> 1 satoshi. This costs only 39 satoshi but its 15 times more efficient in potential and profitability of potential re-growth.

Shorting shitcoins would be fine, just sell anything = profit. But it would kill any volume because nobody is so stupid to pump into shortly perma-sold coin. I often wished to sell overpumped coins shortly, but its not possible. Its not fair 

Sarah connor?

+100


Btw for c-cex.com:

From
unknown reason you owe me some Vanillas missing in my
cash flow i hope you return them or refund,
keeping hope that i will any time see my VNL back.

Your company should apologize and solve this problem instead
of being silent and doing like nothing happened what i really dont
understand.

With many regards - me personally.

Just an arb, nothing extra ordinary...

People speculating with sockpuppets dump tomorrow so they dump the price to make them unable to sell high. Buy orders were hidden and we may see a spirale of dumps   Dont rebuy too high, let them bleed as hell.

...and it needs a time   Only a time is the best mark of credibility, only a tradition is the best proof of security.

I believe it too however im surprised why still is the crypto so badly doing. Maybe because U. S. Fed (FED private money) currently noticed some growth in value.

Negatives:
1) Illegal market with real currently is being served by darkcoins (but there are too many of them so the value is divided into many darkcoins) - this is also a positive, of course. Nobody will take seriously anything what is used to fund and cover up illegal activities.

2) Many people got burned in big boom 2013/14 - except sly miners, traders, "traders", scammers, PnDers, shitcoin creators and so fort - money just changed its owner from naive investors to GPU/ASIC producers, electricity companies and people who were running this obscure hardware. This also made a bad credibility for crypto.

3) There are just too many projects and many of them still werent purged, it needs a time until people behind the weaker ones give it up and the stronger ones will have big "Vorsprung" so there will be no space for hype and shitty crypto just because it will be ridiculous in comparison with real projects with tradition and history

4) Medial attention - is just poor

5) The most promising countries just have no infrastructure for running a crypto. E. G. Many african states have big hyperinflation and worthless fiat currencies. They stay in U. S. Fed instead of running crypto. There are some cases of funding by using crypto but they are very rare and uncommon.

6) Countries banning crypto just for a case (and because jews behind the fiat currencies worry about losing their power over world economy now)

 

Positives and "positives"

1) Bubbles in crypto repeated many times with increasing market cap (first bitcoin bubble, second bitcoin bubble, 2013/14 winter huge bitcoin/alts bubble...), it is very probable that it will happen again - this is a "positive" expectancy, not truly positive of course - people are greedy and the snowball effect strong

2) World economy always brings crysis in many places around the world so the "Cyprus" rush into crypto may repeat very soon

3) Crypto-market was cleaned in many ways - insolvent exchanges are out of game, many scammers were jailed, blockchain is being considered as a good thing for future investigation (money with history)

4) As mentioned before in previous post - we have now a huge amount of time to be prepared for a next growth, many of us were disappointed in november 2013 that everything happened rush and the Fortune is ally only to the well-prepared ones. In November 2013 many people were unhappy that they didnt buy-in 4 months earlier. In November 2013 many projects started and got ready just too late to enjoy some juice from that bubble (like NEM). Market is falling but it doesnt mean it will fall forever. We can only hope it will NOT grow up for at least next 6 months to make things happen and be ready for evaluation.

5) Adoption - adoption has done big jump forward, but its not evaluated at all.

However to increase the market cap it needs one necessary thing to happen - to increase the cash flow into crypto-market. Without it you can produce miracles however nobody will buy it. Currently is irrelevant what you produce - no buyers = no market = no evaluation. In winter 2013/14 i believe the marketcap would be 20-50M now.

So the best idea now is to stay cool, keep working and just wait until the situation gets better.

+ one more thing - the market caps at coinmarketcap is a general lie. Try to sell even 5 percent of market cap of any crypto in top 20 and the price will plummet to ZERO. The real marketcap is approx. 20 times so low and is equal to buy orders. The market is in really horrible state, it looks like market in summer 2013. 4 months after that it boomed 10-100 times. So my 2 XEMcents for traders and NEMsters: buy in now (in XEM i think the bottom will be 41 sat) and close BTT and POLO pages for long months.

Time to make a new pump and dump greeks aurora (titanic)? 

You start to surprise me, no big bullshits and work is done, congrats... buying more VNL because im impressed.

I very appreciate non-copycat things.

ok thanks for info, better heads up than hands up