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Author Topic: Bitcoin being killed by ethereum dump  (Read 5628 times)
tetrac
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August 19, 2014, 04:24:37 PM
 #81

Has anyone posted the Ethereum BTC wallet?
spud21
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August 19, 2014, 04:39:48 PM
 #82

Has anyone posted the Ethereum BTC wallet?

This guy has



https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

They've split up the transactions into amounts under 1 BTC but they are definitely dumping and I don't mean last week or last month but now.

They've fire sold 2500 BTC in the past days.  That's a dump.

https://blockchain.info/charts/balance?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

Look at the numbers on the left side of the graph and then pay attention to the right side of the graph.  2500 coins were dumped since August 10.  That's an average of $300K a day.  Granted the volume right now is $30 million but most of that volume is day traders and bots.  Dumping $300K can create a huge amount of volume when all the day traders and bots react to it, never mind the weak hands.



Djinou94
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August 19, 2014, 05:06:01 PM
 #83

Qora dev is a genious
Buy the original one not the fake (Ora, Kora)
Im not impressed by Vitalik, Qora dev is stronger
transient858
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August 20, 2014, 11:05:38 AM
 #84

Bitcoin is really over rated if one whale or Ethereum can cause the price to drop this much.

Peer to peer protocol suppose to make it more resilient and anti-fragile. We still have a long way to go apparently.
Justine
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August 20, 2014, 11:20:03 AM
 #85

ethereum reminds me of ripple

Ripple is still on the top 3 spots in term of market cap. While it didn't replace bitcoin, it manage to pull out a lot of money from bitcoin market cap.
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