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Author Topic: ETH Speculation  (Read 4140 times)
devilfischer
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August 07, 2015, 07:31:58 PM
 #21

Changed offer to 10% discount on Kraken price. Will last another hour or so before I go to sleep -

https://bitcointalk.org/index.php?topic=1146512.0
monsanto
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August 07, 2015, 07:33:56 PM
 #22

It's only on one exchange and the first day or days of trading is always price discovery.  

It's like how they say if you're negotiating you should make the first offer, so as to anchor the price. It looks like that's what they've tried to do by only allowing themselves to trade first on Kraken.
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August 07, 2015, 08:17:16 PM
 #23

This is from the Ethereum blog https://blog.ethereum.org/2014/07/22/launching-the-ether-sale/

Quote
The price of ether is initially set to a discounted price of 2000 ETH per BTC, and will stay this way for 14 days before linearly declining to a final rate of 1337 ETH per BTC. The sale will last 42 days, concluding at 23:59 Zug time September 2.

This places the launch exchange rate between 0.000500 ETH/XBT and 0.000748 ETH/XBT. It remains to be seen if the current 0.01 ETH/XBT exchange rate will hold after some days of bona fide trading.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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August 07, 2015, 08:27:22 PM
 #24

Jesse Powell ( Kraken CEO ) seems to think .01 BTC is low

http://www.reddit.com/r/ethereum/comments/3g4bzf/kraken_started_trading_already/
BigSirko
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August 07, 2015, 09:32:18 PM
 #25

Jesse Powell ( Kraken CEO ) seems to think .01 BTC is low

http://www.reddit.com/r/ethereum/comments/3g4bzf/kraken_started_trading_already/


https://bitcointalk.org/index.php?topic=859614.msg9639265#msg9639265

Jesse Powell thought Bitcoin was going to hit $1,000,000 per BTC in 2014.  Yeah he sure seems like a great source for price prediction..

This is just like all the "cryptocelebrities" (I use the term lightly) who thought PayCoin was worth more than the $10 it was selling for, or worth more than the $20 price guarantee.

DaveyJones
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August 07, 2015, 09:42:37 PM
 #26

Jesse Powell ( Kraken CEO ) seems to think .01 BTC is low

http://www.reddit.com/r/ethereum/comments/3g4bzf/kraken_started_trading_already/


https://bitcointalk.org/index.php?topic=859614.msg9639265#msg9639265

Jesse Powell thought Bitcoin was going to hit $1,000,000 per BTC in 2014.  Yeah he sure seems like a great source for price prediction..

This is just like all the "cryptocelebrities" (I use the term lightly) who thought PayCoin was worth more than the $10 it was selling for, or worth more than the $20 price guarantee.



All funds are safe on Mt.Gox, i saw the papers Cheesy - Roger Vern
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August 07, 2015, 11:12:40 PM
 #27

Ethercoin is right now selling for more than actual, real Ether, as listed on coinmarketcap.com. Couldn't be because ethercoin devs were buying their own supply to pump the price, no never Grin
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August 07, 2015, 11:31:25 PM
 #28

Only degenerated trader are buying now on kraken on this low supply. ETH trading on Kraken looks like Globe or IBITS now

Better wait for tomorrow or longer  Cool


stoat
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August 08, 2015, 01:28:16 AM
 #29

It's only on one exchange and the first day or days of trading is always price discovery.  Reality is volume is too low to sustain such high prices, especially when many people are sitting on an overnight ROI between 7x-10x and yet volume is only 137,000. 


I'm waiting for the alpha release before I even touch my presale wallet.  Only retards would dump their wallets right now. I invested because I genuinely think the idea is sound. And from what I've seen, they have the ability to pull it off.  It's the Facebook to bitcoins MySpace. $10/ETH by the next week.

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August 08, 2015, 01:40:12 AM
 #30

Only retards would dump their wallets right now.

Agreed


It's the Facebook to bitcoins MySpace.

Lets not kid ourselves. BTC has a 4 BILLION dollar market cap. ETH has a 168 MILLION market cap. Thats a factor of 23 smaller.
Bitcoin's success is an essential prerequisite to the success of any other crypto, at least for the next decade. By all means hope for an ETH moon shot but not at the expense of BTC.
stoat
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August 08, 2015, 02:06:45 AM
 #31


Lets not kid ourselves. BTC has a 4 BILLION dollar market cap. ETH has a 168 MILLION market cap. Thats a factor of 23 smaller.
Bitcoin's success is an essential prerequisite to the success of any other crypto, at least for the next decade. By all means hope for an ETH moon shot but not at the expense of BTC.

4 billion isn't that much in the grand scheme of things.  And Ethereum has a lot of advantages over any other blockchain to date.

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bl234st
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August 08, 2015, 02:21:18 AM
 #32

Take the advice of idiots on this form, and you are sure to go broke. Do your own research, and you might have enough chips to stay at the table. I paid nothing for my ETH compared to what I just sold them for. I sold off all of my shitcoins and bought ETH last year, even though you EXPERTS were telling everyone what a mistake that was. Thousands of dollars in PROFIT is all that matters. Your opinions are as common as flies on shit. FUCKING LOSERS! Bunch of losers hanging out at the mall whistling at girls is what this place has become. Keep on being macho BTCtalk, you have nothing else. LMAO!
Brockspeculator
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August 08, 2015, 03:43:05 AM
 #33

Will die out like most of these 2.0 coins

I come on the forums and see many threads about this coin. What gives. What makes it so special? I've heard people hype up other coins before. This one is probably no different. Hype. Fud. Controversy. I'm really sick of this pattern in Crypto.
rokkyroad
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August 08, 2015, 04:13:18 AM
 #34

Will die out like most of these 2.0 coins

I come on the forums and see many threads about this coin. What gives. What makes it so special? I've heard people hype up other coins before. This one is probably no different. Hype. Fud. Controversy. I'm really sick of this pattern in Crypto.

We had the animal coins, the country coins, the color coins, the stealth coins, and now we have the second generation coins. Its cyclic. Could be back to animal coins next month.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
montaga
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August 08, 2015, 04:33:43 AM
 #35

Will die out like most of these 2.0 coins

I come on the forums and see many threads about this coin. What gives. What makes it so special? I've heard people hype up other coins before. This one is probably no different. Hype. Fud. Controversy. I'm really sick of this pattern in Crypto.

We had the animal coins, the country coins, the color coins, the stealth coins, and now we have the second generation coins. Its cyclic. Could be back to animal coins next month.
The second gen coins we had already, fell in the water like everything else.
Dont know what this generation of coins is called, maybe "its not a coin....."
Using Ctrl + C for software works good.
sofu
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August 08, 2015, 05:10:01 AM
 #36

I guess the big money will be here  Smiley

https://www.bitmex.com/app/trade/ETH7D

ridery99
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August 08, 2015, 09:41:09 AM
 #37

Take the advice of idiots on this form, and you are sure to go broke. Do your own research, and you might have enough chips to stay at the table. I paid nothing for my ETH compared to what I just sold them for. I sold off all of my shitcoins and bought ETH last year, even though you EXPERTS were telling everyone what a mistake that was. Thousands of dollars in PROFIT is all that matters. Your opinions are as common as flies on shit. FUCKING LOSERS! Bunch of losers hanging out at the mall whistling at girls is what this place has become. Keep on being macho BTCtalk, you have nothing else. LMAO!

Very impressive and emotional  Smiley
Abiky (OP)
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August 09, 2015, 02:35:33 AM
 #38

What just happened? Ethereum's price went down from $3.22 to $0.65 That was a huge price drop. Take a look below:




They're really cheap now. So the best bet would be to buy some more and hold them until the price goes up. Just my opinion  Grin

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August 09, 2015, 08:10:21 AM
 #39

@ Abiky

No man.Still way too expensive. In a few days that coin might be out of top ten. Everyone who invests now on the way down is going to lose. Sit back have a coffee and watch the dump.
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August 09, 2015, 08:14:22 AM
 #40

@ Abiky

No man.Still way too expensive. In a few days that coin might be out of top ten. Everyone who invests now on the way down is going to lose. Sit back have a coffee and watch the dump.

In a tentative observing situation as well its trading at a 50% discount from Pre-Launch price with good volume on poloniex 1000 BTC trading back and forth so how far it can go remains to be seen.
Sub 0.002 would be ideal though for an upside potential in my opinion or 60% off IPO Smiley

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