Bitcoin Forum
May 24, 2024, 05:47:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Mining is killing ETH price -- when to buy?  (Read 1039 times)
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
October 31, 2015, 12:59:38 PM
 #1

As people expected and were talking about for a long time between the Ethereum crowdsale and the release, miners are mining and dumping a lot of ETH which is driving the price down.  The problem is, it does seem to be a promising project and I'd like to buy in.  At what point should the mining "problem" reach an equilibrium?
tokeweed
Legendary
*
Offline Offline

Activity: 3962
Merit: 1419


Life, Love and Laughter...


View Profile
October 31, 2015, 02:50:18 PM
 #2

Obviously when it starts trending up.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
October 31, 2015, 03:02:44 PM
 #3

It trends up all the time and then eventually reverses down again.
bitcoinrocks (OP)
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


View Profile
October 31, 2015, 04:16:30 PM
 #4

When does POS kick in and what will the inflation/emission rate be at that point?
Timeline
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


TokenHouse decentralized cryptocurrency exchange


View Profile
October 31, 2015, 04:59:50 PM
 #5

Nah miners only have some effect on the price. It's just whales manipulating the market imo.

Laketear
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
October 31, 2015, 09:29:49 PM
 #6

There are 72 million premine coins and 2.4 million mined coins. So I think the dump is not caused by the miners but by the developers and ICO holders.
solstice
Full Member
***
Offline Offline

Activity: 181
Merit: 100


View Profile
November 01, 2015, 05:37:23 AM
 #7

There are 72 million premine coins and 2.4 million mined coins. So I think the dump is not caused by the miners but by the developers and ICO holders.

yes that is true. but i belive in eth. or i hope that eh will rise higher than e.g. dash.

It will all depends on how whales pump the market and it may even go up higher than Litecoin.
BitcoinNational
Legendary
*
Offline Offline

Activity: 1470
Merit: 1010


Join The Blockchain Revolution In Logistics


View Profile
November 01, 2015, 12:01:15 PM
 #8

There are 72 million premine coins and 2.4 million mined coins. So I think the dump is not caused by the miners but by the developers and ICO holders.

yes that is true. but i belive in eth. or i hope that eh will rise higher than e.g. dash.

i belif cancels true so nah nah ... factums smacktums ... i beelif it go higher than bitcoin!

(BTW .. anyone got the mining schedule and current reward?)

                ▄██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
           ▄████▄▄▄▄▄██████████████▄
         ▄████████████████▄▄▄███████
       ▄█████████████████████████████
     ▄████████▀▀▀▀▀▀▀███████████████▄
   ▄████████▀█▀███▀        ███████████
 ▄████████▀███             ███████████
▄███████▀████                ██████████▄
███████████▀                  ██████████
 ██████▄████                   ██████▄███
  ██████▄████                 ▄█████████
   ██████▄████              ▄██████████
    ██████▄█████▄▄▄▄▄     ▄████████▀
     ██████▄████████████▄████████▀█▀██▀
      ██████████▄▄▄▄▄▄▄████████▀█▀██▀
       ██████████████████████▀█▀█▀
         ▀▀▀▀▀▀███████████▀▀▀▀
                      ▀██▀▀
─────────────────
Revolutionized.  ──


█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀





█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.WHITEPAPER.
ANN Thread
Reddit

█████
██
██ █
██ █
██ █
   █

  ─────────────  Join
SMARC token ICO

█████
   ██
 █ ██
 █ ██
 █ ██
 █
Sir Alpha_goy
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
November 01, 2015, 12:31:26 PM
Last edit: December 12, 2015, 09:58:32 PM by Sir Alpha_goy
 #9

.

Laketear
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
November 02, 2015, 06:21:36 PM
 #10

The price is still over $1. We may wait for a few month to buy Eth. The dump from the ICO and developers has not finished yet.
manfred
Legendary
*
Offline Offline

Activity: 966
Merit: 1001


Energy is Wealth


View Profile
November 02, 2015, 06:55:20 PM
 #11

Quote
when to buy?
Full points when you can figure out where it is.


Laketear
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
November 03, 2015, 10:45:12 AM
 #12

The price of Eth based in USD is quite stable in the last few days. The price based in bitcoin has dropped a lot because of the price rise of bitcoin. The price of Eth might rise to catch up the recent lag.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!