I didn't know that 1k was the minimum, that's a lot. The last time I heard about it people were saying about 40 ETH would be the expected minimum.
But there will be staking pools I assume? So in that case it wouldn't matter so much about the minimum amount.

It could rise to match them, yes. It is a good coin for long-term holding I think. But for short-term trading you need a lot of volatility and Ripple is more stable than a lot of coins so not so good to trade.

Nothing really "competes" with bitcoin unless you are talking about another coin competing for the attention of the same miners.
There are plenty of coins that rise more quickly than bitcoin, the problem being that they fall quickly as well - and unless you are good at trading and spotting the next big opportunity, there is a lot of risk involved in the lesser coins.

I noticed the rise but I kept out fearing a pump and dump. Now I regret not buying in, but the higher it goes the quicker it can fall, so be careful to protect your investments. I am not going in for now, but I will follow the coin more closely to see if it merits a place in the top 10..

Yes there is good reason for Ethereum to rise, but to an extent there is the bitcoin effect pulling the whole market up. All in all very good, though. We are close to the psychologically important $500 mark, so may be some resistance there.

I can't believe his post was only 9 days ago, and is already ancient history. Alts tend to follow bitcoin, so I would say as soon as the bitcoin rise starts to lose steam and level off, we should look to invest in alts... although having said that a lot of alts are rising now too, so probably best to look at it case by case for each coin. Just need to be careful and guard against a whole market fallback.

Banks will use Ripple, not Bitcoin. The only real question is will banks use XRP as well, or just the Ripple tech? Ripple have really been pushing XRP recently, a lot more than they used to. So yes, I think banks will likely use XRP.

It depends what the coin is for. The simplest explanation is probably for bitcoin which has become established as a store of value. So it is worth whatever people are willing to pay for it. It will never be the case that no-one is prepared to sell the coin. If there are no sell orders for bitcoin and price is at $1m, then if someone bids $10m there will be sure to be people selling. So it is like gold or like fine art in that sense.

I have Ethereum and I believe it will be widely adopted... and I also have some NEM because I have great faith in that too. Nice to see the good news and the corresponding price rise

Likely future developments are to some extent priced-in (EEA etc), but yes, I think ETH has the potential to increase massively. There is no reason why in the next couple of years it can't surpass BTC in cap (whatever BTC cap is at the time). You are correct that blockchain smart contracts are quite some way from mainstream! Also we have various milestones to pass in the Eth roadmap, starting with PoS... these should also work to increase the price.

If you are completely new to crypto you should probably avoid ICOs as you won't be able to make an informed judgement. Best idea is probably to put your money in Bitcoin or maybe Ethereum until you learn more. But if you really want to go with an ICO then just make sure to do your own research and make sure you pick a good project!

If you can turn 0.01 BTC + $1000 into 12 BTC within six months, then you don't need my advice or anyone else's.
You're obviously very good at what you're doing, so stick with it.
For what it's worth, I'd advise don't throw everything into one project in case you lose it all. Best to be a bit pragmatic. And two, if you keep increasing your holdings at that rate, you'll soon be enough of a whale to influence markets, so be aware of that too.

I like Ethereum, but I would not put everything into one coin. I'd be happy with something like 40% Bitcoin, 30% Ethereum, 30% assorted other alts. Always keep some btc!

I think the rise is still due to the news of the opening of the futures market, so it could rise further.

I do start to get a bit twitchy with this sort of behaviour though, and my brain starts screaming 'bubble!'. I much prefer a solid levelling off after every rise, or even a slight fallback. We're not really seeing that here, as soon as it falls back it jumps up again. Personally I would be happier with a price around $8k at year end.

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Bitcointalk username: Cnut237
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Current post count: 249
Profile link: https://bitcointalk.org/index.php?action=profile;u=1118642
Eth adress: 0x2b37C729ab53f37D086693e88e887D5F1533F9b2

One point to note is that $400 was a big psychological barrier. ETH got near $400 and bounced back down a couple of times, before this time finally punching through to its current new ATH.
$500 is a bigger barrier, and more of a round number. It seems reasonable to expect a lot of people cashing out at $500 and a severe bounce back down, possibly to mid $400s. On the other hand if it punches through $500 without problems then the next round number isn't until $1,000 - so it could rise until it hits that point.

No, they are not rivals. Bitcoin has become established as a store of value, a sort of digital gold.
Ethereum is entirely different, it is a smart contracts platform and could well become the backbone of the next iteration of the internet.
They are completely different coins with completely different uses, and can coexist happily.

Yes, it is a useless coin with no obvious use at all. All it is doing is riding on the bitcoin name.
I don't bother following bitcoin cash. Do they still have that quick difficulty adjustment? That in itself causes pump and dump as miners flock to and from the coin.

There's no reason it can't hit $500 in the short-term. The only real obstacle is ATH resistance. Longer term Eth can be vastly higher than $500, we are still in the very early days and a long way from mainstream adoption when Eth becomes a household name.