How can people be buying eth right now?

[JeffBrad12]

It doesn't make any sense.  Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?

for me, buying eth is like make an investment and i do buy when the rate is 0.017 yesterday and now its reach almost 0.02 and i think it will be back into up to 0.02 like before. just waiting for a good news from the dev and the community. I only buy for a small amount of eth.

Okay, thanks just trying for falling into eth with hoping the result will same like you, maybe if it's just a little but that is a profit, every cent is really valuable. 

[LiberOptions]

It doesn't make any sense.  Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?

I couldn't agree more with you. However, the truth is that there is still a lot people buying it. Yeah, there's the bagholders but there is also the whales who are just accumulating to then flood the market and push it to the ground...

u just wait and see

[alexrey]

It doesn't make any sense.  Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?

I couldn't agree more with you. However, the truth is that there is still a lot people buying it. Yeah, there's the bagholders but there is also the whales who are just accumulating to then flood the market and push it to the ground...

u just wait and see

Credit to the whales who continuously pushing the price up, hoping it goes really well in the end.

[anama]

because ethereum eth good coin
good community and good volume transaction
so every ethereum down and low price so much people can buy ethereum
and hold and up again selling to take profit

[Pursuer]

most people around these parts are only buying hype, they don't care what the name of the coin is and why it is going up or down. they only see the hype and see many others are talking about that coin so they start buying it and helping the pump grow bigger. and this has always been the case with ETH even from the start. there is no coin in existence that could have had this much premine and on top of that grow this fast.

[AlphaSun]

because ethereum eth good coin
good community and good volume transaction
so every ethereum down and low price so much people can buy ethereum
and hold and up again selling to take profit

That could be true. There are more applications based on the Ethereum.

Akasha Wants to Put Social Media on the Ethereum Blockchain

The past few months have had quite a bit of news concerning platforms like Steemit, Synereo and the Yours Network. A new platform is launching this October called Akasha, which means “’ether’ in both its elemental and metaphysical senses.” The project is a social media application that splices the Ethereum network and Inter-Planetary File System (IPFS). 

Akasha is the brainchild of Bitcoin Magazine creator and Ethereum co-founder Mihai Alisie. The project aims to be a censorship resistant internet publishing site with many of the features found on traditional social media apps.

By utilizing IPFS, the infrastructure of Akasha will reportedly have no central point of failure or bandwidth issues. Additionally, using the Ethereum network as a backdrop, developers say, the project doesn’t depend on servers. The developers behind Akasha believe, with the cryptocurrency solutions we have today, users deserve a better social media model.

This October, the Akasha team will gradually send out invites to 4,500 people. Alpha subscribers will be able to test the dApp on several operating systems, observe smart contracts, and hopefully, identify potential flaws and bugs before the public alpha. The team expects public alpha to release towards the end of Q4 2016.

The team says the first releases of the Akasha dApp may be unstable and have a few bugs. Developers explain this is a “tradeoff” for being one of the first projects to bundle technologies like IPFS and Ethereum. Both projects are in their infancy, and unexpected behavior will happen, but developers say they will “iron out the bugs” quickly. The team also asks users for feedback and to open bug issues via their Slack channel.

Akasha developers say throughout the first phase ETH will be the platform’s currency token. In time this could change, but the Akasha team wants to test the advantages and disadvantages first before introducing a native token. Besides using Ethereum and IPFS, the platform also utilizes Electron, React with Redux, and Node.js on its technical stack.

[charles99]

i shorted eth, hope it works out well..

[maydna]

i shorted eth, hope it works out well..

i only have a few eth and i hope i can make good profit for trading eth-btc. i see on poloniex there is a good movement on the market and i only hope that the price is increase soon so i can sell it for more profit.

[xuan87]

well we just can wait the destine of eth, eth can survive because there are some company who already invest in it, after the fork eth took quite hard beat down, now eth is slowly regain its position but it wont be as good as it used to be, we just can wait and see whether eth can regain trust by its user or they will perished into no value coins

[Minecache]

I've got a gud healthy bag of ETH and I'd encourage all serious crypto investors to hold some.

[Loepuenkyou]

this now eth righ time to sell
not buy, because ethreum is now is high price

[David Walters]

I think it will take a dip in the short term

[Oilacris]

Ive been hesitating to buy more eth's  on the  past regarding on the issues but now  im somehow regretting i didnt do  such thing when i saw the price as of today. lol

[Efemen]

Ive been hesitating to buy more eth's  on the  past regarding on the issues but now  im somehow regretting i didnt do  such thing when i saw the price as of today. lol

The Etheruem price is almost multi month high at the moment. If there is good news, the price will be even higher.

[AsaroUk]

It has a good future and its going up and down, a lot of people think it has a good future and I must say that I also have faith in it but we still have to see this of course!

[Efemen]

It has a good future and its going up and down, a lot of people think it has a good future and I must say that I also have faith in it but we still have to see this of course!

The Ethereum is still supported by a big community.

https://www.reddit.com/r/ethereum/comments/56yks4/ethereum_denver_wednesday_october_19th/?st=iu5pqo4d&sh=f9b22870

"Hi everyone -

(Ohh just noticed we're at 299 members. 300th member gets a DAO t-shirt and limited edition collector's plate.)

We've finally recovered from Shanghai and 14 hours of jet lag. Time for a meetup!

Devcon2 was an incredible conference. The amount of talented developers and entrepreneurs out there was mindblowing – and it made me much more confident in the entire Ethereum ecosystem.

Denver was very well-represented; we had no less than three members of our community give talks: Zooko (Zcash), Raine Revere (smart contract security), and Greg Colvin (on Ethereum's EVM). Meanwhile, Piper Merriam received countless shout-outs from the stage and spearheaded a special "Devcon2" coin project for attendees. The always-innovative Shapeshift.io team was also in the house.

So it was a helluva time. For this meetup, we'll cover some of the key takeaways and projects from Devcon2, and (depending on who's attending) even do a panel discussion on the conference. I'll also walk you through what I see as some of Ethereum's significant challenges and opportunities over the next 6-12 months.

As always, there will be plenty of time for chatting and discussion. And if you're just starting to explore Ethereum and Blockchain, you'll find plenty of helpful and enthusiastic people to answer your questions.

Agenda:

6:30-7:30: Order up food/drink, hang out

7:30-8:30: Devcon2 Recap

8:30-9:00: The (Near) Future of Ethereum

9:00-10:30: Hang out some more

About the venue:

Those of you who were around back in the day (over two years, which is more like a decade in crypto time), will remember Sidewinder Tavern. I'm happy to announce our return to that venue, which is under new ownership as Globe Tavern and is cooler than ever. There is also a full BBQ menu and plenty of beer.

See you soon,

Kent"