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Author Topic: FYI, ETH just broke 1 Billion dollar cap  (Read 1514 times)
benthach
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March 13, 2016, 03:17:28 AM
Last edit: March 13, 2016, 03:29:53 AM by benthach
 #21

https://i.imgur.com/obKTFuL.png

For how long it will be like this. No one knows, but its still big achievement imo.

etheoreum is just a useless scam crap someone with deep pocket pumping it, think about it, for around 15k of btc it could go to $0. i personally think eth is control and own by a few whales which they don't want to sell their large chunk instead manipulating for higher price. i wouldn't touch it and it's un-adoptable useless crap.

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March 13, 2016, 06:43:09 AM
 #22

I suspect ether devs are pumping their own coin, the constant pumps just dont feel natural.
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March 13, 2016, 06:00:01 PM
 #23

I suspect ether devs are pumping their own coin, the constant pumps just dont feel natural.

We're early in a new altcoin bull market. I saw that when the usual pumps started lasting a lot longer than the "Chinese pumps" of legend.

If it's of any help, market lore says there are three stages to the "classic" bull market:

  • Stage 1: Recovery from the bear-market lows. Begins with gloom, cynicism and apathy. Proceeds in the face of widespread skepticism and skittishness. Results in the assets being snapped out of gloom-ridden undervaluation and back to reasonably optimistic valuations. Tops out when the apathy/gloom/skepticism turns into new hope. The peak looks like a bubble, which in retrospect is a "false bubble."
  • Stage 2: Rises with better fundamentals or outlook. Begins with hesitation, skepticism and worry that the false bubble was a real bubble. Proceeds with better and better news. Results in the assets being pushed from reasonably optimistic valuations to unambiguously optimistic valuations as revised by the good-news flow. Tops out when the optimism seems overdone and worries about overvaluation kick in. The peak looks like a needed corrective to the optimism.
  • Stage 2: Rises as a result of the asset being seen as a "sure thing": the Minsky effect. Begins with reasonable confidence. Proceeds with more and more speculative excitement. Results in the assets being pushed from  optimistic valuations to pie-in-the-sky valuations. This stage is noteworthy for spawning stories about punters who've gotten rich quickly. Tops out when FOMO enters the picture, which sets up a bubble when the fear of missing out turns into plain fear. The peak, in long retrospect, looks like a classic bubble.

It's my opinion - take it as you will - that the current bull market is still in Stage 1. To be honest, I'm skittish myself! Only half a week ago, I would have sworn that we were at the end of Stage 1 and about to get knocked down to pre-stage-2.






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enhu
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March 13, 2016, 06:14:00 PM
 #24

The fact that they are still creating fud and employing bots, its one factor to see its not still working. ETH will stay indeed but not going to replace btc.
Microsoft is losing the operating system battle, losing the tablet battle and now they are getting into losing a coin battle. everything they're into just goes to a mess.


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patricken
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March 26, 2016, 01:32:40 PM
 #25

The fact that they are still creating fud and employing bots, its one factor to see its not still working. ETH will stay indeed but not going to replace btc.
Microsoft is losing the operating system battle, losing the tablet battle and now they are getting into losing a coin battle. everything they're into just goes to a mess.



Microsoft's tablet is quite popular. I am thinking of buying one.
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