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881  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: December 03, 2016, 09:29:56 PM
I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.

By sell the rebound, I don't mean shorting, but buying the big red candle preceding it. Perhaps I'll miss the bottom, but I'm not going to fish for it in a gentle, almost orderly decline. Show me the whites of their eyes - then I will act.

The chart on Bitcoin looks good to $1000 to me, though I can't deny the possibility for dumps with Segwit activation. Shall I carve your words in stone? Probably not. Tongue

Probably not but maybe write them down in a notepad  Tongue.

BTC seems to be going above $800 but we'll see what happens after Sunday with the Italy vote, if No wins Bitcoin will continue to rally but it won't last long. I'm not selling Bitcoin just yet, just waiting to hit $800. No adoption, no development, same issues, block fulls, confirmation times, it will dump because it's all short term speculation based on nothing. Of course it will still be king but same thing happened with the halvening. A fair price to close out the year would be around $650-700 tops.

ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.
882  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: December 02, 2016, 10:24:13 PM
Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.

Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).

Nope, not accumulating. That's a sucker's game at this point imho. Waiting for the big move, as I said recently, with the intention of selling the rebound.

I do not share your bearish views on Bitcoin.

I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.
883  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: December 02, 2016, 06:01:21 PM
It is funny to see that even though ETH has dropped significantly in the last days the price of it is still higher then it was when OP was made. To be more precise it was 0.0066 BTC in February 6 and it is 0.011 BTC now. Idk what will happen in the future, there are chances it will drop even more, but for now OP was right - ETH was cheap then, compared to today's price.

You shouldn't speak too soon, you know. 0.01 is breached and volume is still lacklustre. Zooming the chart out to the 3D or 1W, this is following the pattern of a classical crypto bubble.

Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.

Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).
884  Economy / Games and rounds / Re: DirectBet Basketball Prediction Game *** Win Free Bets ! *** Free to Enter ! on: December 02, 2016, 12:52:05 AM
Los Angeles Clippers 95 @ Cleveland Cavaliers 104
885  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: November 30, 2016, 05:15:32 PM
HT: Arsenal 0 - 0 Southampton
FT: Arsenal 0 - 0 Southampton
886  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 29, 2016, 07:03:54 PM
It's been a month now and I can't access my ans anywhere, Mac or Android. Android wallet never moves from 0% sync. On my mac I've tried both Safari and Chrome, they both sync to 100% but nothing happens after that, can't see any wallet, send, receive, nothing.

I don't have access to a windows machine so I guess I'm out of luck.
887  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: November 29, 2016, 01:46:48 PM
Maybe after a few more hard forks, the Ethereum will become better and the big institutions will use it so the price will rise.

Haven't a lot of the big banks pulled out of R3CEV recently? That's not going to buoy confidence in their commitment to the Ethereum Project.

R3CEV is more Hyperledger/IBM related as far as I know, Ethereum is backed by other single companies like Reuters, JP Morgan, Santander and Microsoft. They have been collaborating but R3CEV doesn't have much to do with the EF.
888  Economy / Games and rounds / Re: DirectBet Soccer Prediction Game *** Win Free Bets ! *** Free to Enter ! on: November 28, 2016, 07:43:38 PM
HT Inter 0 v 0 Fiorentina
FT Inter 0 v 0 Fiorentina
889  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 06:05:50 PM
What is a ball park estimate of the amount of weekly dividends? Say Iconomi is doing decent, would 1 eth per 1000 icn be a reasonable expectation?

Lol no, dividends will take a lot of time but that figure it's just crazy, more like 0.01 ETH per 1000 ICN and that is a very optimistic scenario. This depends on current ETH price of course. We are all speculating, there's no way we could know exactly how it will all pan out but 1 ETH per 1000 ICN at the current prices would need 1 ICN prices to be above $1-2 at least just based on ROI.


That is a garbage return. Like 2-3% per year? I can do that in a weekend.

That if it's succesful, I mean if it generates a decent amount of income. Now if it really becomes profitable let's say like Poloniex or eToro, well then that would be another story.
890  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 28, 2016, 05:54:35 PM
What is a ball park estimate of the amount of weekly dividends? Say Iconomi is doing decent, would 1 eth per 1000 icn be a reasonable expectation?

Lol no, dividends will take a lot of time but that figure it's just crazy, more like 0.01 ETH per 1000 ICN and that is a very optimistic scenario. This depends on current ETH price of course. We are all speculating, there's no way we could know exactly how it will all pan out but 1 ETH per 1000 ICN at the current prices would need 1 ICN prices to be above $1-2 at least just based on ROI.
891  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: November 28, 2016, 03:41:03 PM


Considering the evolution of the ECredits, apart from pure speculation, no reason for the price to pump yet.

People are freaking out like if come M3 the inflation rate of Factoids was completely insane, it's around 10% per year if no EC are burnt at all (which basically means there's no project). So I would say a 5-6% is a pessimistic projection. With those numbers in mind and if they don't change, Factom would double its supply in around 10 years. 16-20 millions coins by 2025 is that crazy in terms of fear of inflation?

Maybe I'm missing something.

are u kidding me? Data don't stop. it will keep piling up day after day...
I still remember when i first knew factom... they announced that they broke 3million data entry...
and few months later which is today, it is already 5million++ data entries.
Everytime Factom do a good job, the news will spread, and so... more usage.

Of course people can speculate and freak themselves out,  but you will be surprise how far Factom will grow 1 year from now.

Exactly that's what I meant, in a very pessimistic scenario inflation would be 6% per year, that's nothing and would take 10 years for Factom to double its supply. You see Dash and Monero having a 3 or 4 times Factom marketcap with more supply and that's just plain ridiculous.

I would understand some caution if Factom would have a crazy inflation rate similar to Steem, but this is not the case at all and we are talking about the worst case scenario. The best case scenario is deflationary!
892  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FACTOM - Introducing Honesty to Record-Keeping on: November 28, 2016, 01:21:46 PM


Considering the evolution of the ECredits, apart from pure speculation, no reason for the price to pump yet.

People are freaking out like if come M3 the inflation rate of Factoids was completely insane, it's around 10% per year if no EC are burnt at all (which basically means there's no project). So I would say a 5-6% is a pessimistic projection. With those numbers in mind and if they don't change, Factom would double its supply in around 10 years. 16-20 millions coins by 2025 is that crazy in terms of fear of inflation?

Maybe I'm missing something.
893  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][rICO]Antshares Blockchain Mainnet is ONLINE! on: November 27, 2016, 10:19:33 PM
I can't seem to get any wallet to sync or work. I can't access a Windows computer, so far the wallet doesn't sync on Mac (both Safari and Chrome) or Android app.
894  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: November 27, 2016, 10:18:29 PM
It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.

The chart has looked bearish to me for a while. The rise up to Devcon lulled people into a false sense of security - the perfect precondition for fear. I'm expecting a big move with BTC50,000+ volume on Polo, but for now I wait patiently.

I don't think there's a fundamental reason on the drop per se, at least long term, it's just a very bearish trend with no actual good news (and plenty of "bad"). Everybody wants it "cheap", we all know there are a lot of smart devs working on it, perhaps the best in the world and there is a lot of interest from huge companies, not just nods but they are actually working together (JP Morgan, Microsoft, Reuters). Not to mention the endless tokens and startups that compose Eth ecosystem.

But short term, unless there are some very good news to reverse it. I agree this is all for the better if Ethereum wants to succeed eventually. Forks are just like system updates for them and they are trying to ironing all bugs out before moving forward. Fundamentally different from Bitcoin but both blockchains could just be the future and not opposites, they definitely complement each other. We can't rely on only one.
895  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: November 27, 2016, 02:02:00 PM
Next support looks like ~$7. will probably coincide with BTC0.01.

It seems that way, this last issue was just too much for the market really, fork after fork, attack after attack. Yes it all remains the same and they work out every one of them but it's getting tired with no real good news in the horizon. Bitcoin is also dumping, if it was close to $800 the price of Ether would be around those levels already if not below.
896  Alternate cryptocurrencies / Altcoin Discussion / Re: Steem pyramid scheme revealed on: November 26, 2016, 06:39:16 PM
it is interesting, why steemit dont use advertising selling on steemit platform? it can interested a lot of investors. Also it will help to support sbd withou steem dump.

Ad revenue would be so little to sustain Steem or SBD price that it's not worth the inconvenience for the users. Also these users are basically the owners of the platform and content creatores, so I'm not sure who will benefit for showing ads there or what type.

The real problem with Steemit is that their content quality is pathetic compared to Facebook, Reddit, Medium, etc. If the content was superior and it had actual demand from the mainstream like the previously mentioned I could see how "blogging is the new mining" could work and justify the crazy inflation model. But as you have it now you are basically throwing money to keep a endless hyperinflation scheme running.
897  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 25, 2016, 05:56:01 PM
The Clips are playing really well, let's hope nobody on the team gets injured and they go beyond the 1st/2nd round this time.

I think this is the year they can go all the way if they don't have internal issues or injuries. They already accumulated a lot of experience in the last seasons and even beaten the Spurs. If they can match up against the Warriors (which I think would have to be really lucky to avoid any injury to their stars) they can make it to the NBA Finals for the first time ever I think.
898  Economy / Gambling discussion / Re: Do you believe that win in gambling is depending on your luck ? on: November 25, 2016, 03:00:06 PM
I don't know if it's luck or fate or the stars align but we all go through phases when one seems stoppable, entering a zone like in many sports where you can do no wrong. I think this also applies to gambling, sometimes you are just so focused and calling all shots and making all the right decisions that you think you are god. That's when you lose all your money haha!

Gambling is for entertainment purposes only and it's awesome at that, but if you want to make it something else you are gonna cry. Bet what you can afford to lose and have some fun.
899  Economy / Gambling discussion / Re: 2016/17 NBA Season on: November 25, 2016, 02:44:41 PM
Boston Celtics vs San Antonio Spurs I think Spurs will win this match because they have very impressive form and surely will beat Celtics today, than Spurs @1.65 will be good option for betting and at the end of this game they will turn it into its favor.
The Spurs are expected to win this one with their bigger line up and more experienced players. Although I think the Celtics can keep it close because they are slowly putting together a good run and they are getting healthy with a full complement of its roster. If they keep it close for most of the game, they might just steal a win.
spurs is really showing dominant even they are just winning with close game its much better to rotate the players and let the scoring be segrated with each of the players i also betting with spurs i'm sure this bet will have a good chance.

San Antonio is playing just good enough, I think we can all agree they are underachieving so far, they seem to lack punch and they really don't scare anybody. With that being said they are always a team you have to respect, it has a deep roster and plenty of experienced players. I don't think they will be able to beat either the Warriors or even the Clippers come the finals but I'm sure they will create some problems for them.

For this particular game, the Celtics have Horford back playing great and they will bring their A game. I would say that if you are feeling lucky go with the Celtics.
900  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICONOMI - Fund Management Platform on: November 25, 2016, 12:09:26 AM
Ethereum is the biggest smart contract platform with the most people working on it. That alone would be reason enough for me to stay there.

There is a decent chance, that the reason why ethereum looks so full of holes is, that it's constantly in the spotlight and a lot of eyes are examining it closely. Take a coin like counterparty, give it a billion dollar market cap and as many people working on it as ethereum and see how many flaws you will find then.

Just because something doesn't look broken, doesn't mean that it isn't. Maybe you just didn't look closely enough.

Completely agreed, this is how you make things work but well there are a lot of speculators, fud and obviously "bad" news that influence the short term price. Long term we all know that Ethereum is something special and could even overtake Bitcoin or make it obsolete. Not Ethereum itself but all its tokens and ecosystem could render some technologies useless. We know Bitcoin is still king but it hasn't made much progress in terms of adoption and popularity, blocks are full, plenty of different camps. Even if it's rallying right now, we all know it's temporary.

The future is full of doubts, we can have Ethereum at $100 and Bitcoin at $2000 and beyond in 2017-18 or nothing at all since crypto projects still can't seem to come up with the killer app for the average user or company. Once that happens (if it happens) then I'm sure we'll all be very wealthy as early adopters of many of these projects.

Quote
could even overtake Bitcoin or make it obsolete

Obsolete? You obviously don't understand what bitcoin is about. Ethereum can never replace Bitcoin. It is not designed for store of value, it is definitely not immutable and a network so much dependent on single guy (King Vitalik) is not a healthy one.
Damn, he even DDOSed its own nework during the DAO flow just to slow it down.

And that is before we talked about PoS..

Bitcoin network, as we see it today is just layer0. When services will be built on top, most alt coins will be obsolete, not Bitcoin.


I understand what you are saying and it's definitely a possibility but don't be so close minded. Another possibility can also happen and even these two services/blockchains could rule together (it would be actually much safer than depend on a single one...). For Bitcoin to do what you said it needs to improve and change a lot of things, starting with their core team and vision.

Bitcoin is far from a panacea itself, who created it? Who is still holding 1m BTC? What about the centralized mining and many other power struggles? Ethereum aims to do something completely different and therefore yes, it's less decentralized (it still pretty much is, the hard fork was approved by a majority not by Vitaly himself).

I didn't mean to say that Ethereum will actually make Bitcoin obsolete, it's just a possibility if Bitcoin continues its stubbornness and idealism. Many just see the price and say it's all fine, but there are major problems still not being addressed and the whole thing can also collapse like a house of cards if not properly managed.
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