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Author Topic: Is this the beginning of the end for eth?  (Read 511 times)
pabpete (OP)
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April 25, 2016, 09:55:11 PM
 #1

For a project with so much to gain, who all thinks that the money management skills and lack of confidence is gonna send eth to the grave?
The Sceptical Chymist
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April 25, 2016, 10:00:48 PM
 #2

I haven't been following the eth drama all that closely so I'm not really aware of these two issues you brought up. But I would assume that it's headed for the grave just like the other 1000 coins that are on the market now. There's just no need for 99.99% of them. All the gamblers can use bitcoin and investors can buy the good alts.  Not sure where eth fits in.

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pabpete (OP)
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April 25, 2016, 10:12:20 PM
 #3

I haven't been following the eth drama all that closely so I'm not really aware of these two issues you brought up. But I would assume that it's headed for the grave just like the other 1000 coins that are on the market now. There's just no need for 99.99% of them. All the gamblers can use bitcoin and investors can buy the good alts.  Not sure where eth fits in.


Yeah, ive seen people compare this coin revolution to the dotcom era. And i believe its comparable, I also agree with you, the coins that are really worth their while will stand the winds of time. I was referring to the forums of eth closing down. Its amazing to see such liquid price variance, i think investors stand to make or lose alot of money in these following years.
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April 25, 2016, 10:28:13 PM
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ETH seems over priced still.  Who wants to sell BTC?  Not many.  BTC will go up til we're past the halvening and ETH will go down.
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April 26, 2016, 11:27:29 PM
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I think it's coming to an end
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April 26, 2016, 11:42:21 PM
 #6

When the founder sells a substantial portion of his coins, it's not a good sign.
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April 27, 2016, 04:06:32 AM
 #7

What coin in Eth's short history can you remember being adopted and used as a source code for major foundations.  "Crickets!"  I just needed to emphasis that.  Not that I justify dumping 1/4 of your holdings but to be honest, it's costly to be in the Dev's shoes right now.  The Great Eye is watching and waiting for their next move.  They have a spotlight on them and I'm sure many investors to pay back not to mention hiring more staff.
Has none of you worked for a major company that laid off workers and closed or sold portions of their company just to reinvest so they can grow? 
This is just my speculation.  Who knows maybe he's just a punk kid wanting to buy lots of cars and houses.  Can you blame him?  Many have made some good cash recently with Eth.  Can you say that for any other crypto in the last 3 years.  I don't also believe this is a shit coin like what Gaw tried to start.
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April 27, 2016, 05:03:04 AM
 #8

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

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April 27, 2016, 06:55:02 AM
 #9

Yes, ETH price will go down soon - I think in 2 - 3 months time. ETH price going up was nice of course  Grin
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