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Author Topic: Ethereum dump starts?  (Read 4757 times)
GTO911 (OP)
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August 08, 2015, 10:53:08 AM
Last edit: August 08, 2015, 07:23:54 PM by GTO911
 #1

The market cap was around 170, now 88 ?

Price halved in a single day?

Is this the start of unsurprising inevitable dump?
Levole11
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August 08, 2015, 11:23:15 AM
 #2

Nothing more than common sense..  Hugely inflated price due to it being traded only on kraken
montaga
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August 08, 2015, 11:24:52 AM
 #3

The market was around 170, now 88 ?

Price halved in a single day?

Is this the start of unsurprising inevitable dump?
The market started at 200
was 75 a while back and is still crazy inflated price
hund
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August 08, 2015, 01:21:27 PM
 #4

Yes man, everyone wants out due to upcoming rollback and shitty release. This shit will probably hit the floor sub 1 million cap ... (remember how inflationary it is)

That crap is probably broken and useless 8 weeks from now.
stoat
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August 08, 2015, 01:50:55 PM
 #5

Let's see what happens.  I'm not selling until metropolis release.  At least $10 - $20/ETH  Then I will sell half and wait to serenity, see what apps are out by then.

BTW auger crowdsale begins in 10 days.  You have to buy ETH to buy in.  
If you don't see how much of a killing there is to be made from ETH then God help you.

Im glad the devs are raising money through the early trades.  They probably raised enough to fund dev work for another year in the last couple of days.  As an ether holder I am glad they are raising funds this way.  Anyone with half a brain can read their documentation and see that this is something revolutionary in crypto.  Most of the trolls here can barely speak English no wonder they don't understand ethereum.

Everything about this blockchain is slick as fuck. Good marketing is key to bringing the mainstream in.  There are already tons of DAPPs in development. If you want to create DAPPS then the only choice you have is Ethereum.

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The KGB
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August 08, 2015, 02:41:27 PM
 #6

Well it was inevitable, New money coming in yesterday which drove the price up at a peak 52%, are getting dumped on today by the presale bagowners. We will see a rise after the price hits 1 $.
High Plains Drifter
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August 08, 2015, 06:26:13 PM
 #7

The great thing about this coin getting killed is that I can buy more Bitcoin at a cheaper price

Believe in the Shield!
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August 08, 2015, 07:19:55 PM
 #8

There be a lot of crying bagholders around, other than hype what has it going for it
  • No hard cap unlimited supply
  • Open source software so plenty of better copys
  • Upcoming Rollback
  • No wallet
  • A dev running around in his goofy underwear
  • ......

Currently Kraken   ETH/BTC   $0.699954   

4.No wallet Huh
What is the devs working on? I bet that ETH will go to $0.05 by the end of Aug.
montaga
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August 08, 2015, 07:22:14 PM
 #9

There be a lot of crying bagholders around, other than hype what has it going for it
  • No hard cap unlimited supply
  • Open source software so plenty of better copys
  • Upcoming Rollback
  • No wallet
  • A dev running around in his goofy underwear
  • ......

Currently Kraken   ETH/BTC   $0.699954   

4.No wallet Huh
What is the devs working on? I bet that ETH will go to $0.05 by the end of Aug.

Significant premine
https://bitcointalk.org/index.php?topic=1147063.msg12088443#msg12088443
hicaribou
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August 08, 2015, 07:31:17 PM
Last edit: August 09, 2015, 12:05:13 AM by hicaribou
 #10

There be a lot of crying bagholders around, other than hype what has it going for it
  • No hard cap unlimited supply
  • Open source software so plenty of better copys
  • Upcoming Rollback
  • No wallet
  • A dev running around in his goofy underwear
  • ......

Currently Kraken   ETH/BTC   $0.699954   

4.No wallet Huh
What is the devs working on? I bet that ETH will go to $0.05 by the end of Aug.

Significant premine
https://bitcointalk.org/index.php?topic=1147063.msg12088443#msg12088443

ETH already took $18M by IPO and it premined 12M ETH for the devs now. ETH is a true blood vampire.
hodlmybtc
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August 08, 2015, 07:47:54 PM
 #11

How insane, this launch is almost as scammy as Xcoin DRK DASH.

Everyone hoping to get the confirms fast to sell before it dumps to below IPO prices.
tradoz
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August 08, 2015, 08:04:05 PM
 #12

ETH is just a scam coin with hidden premine so there will be huge dump happen and price will go around 0.1$ very soon.
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August 08, 2015, 08:12:22 PM
 #13

Down to .88 already. predicting .50 by end of day.

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August 08, 2015, 08:52:52 PM
 #14

Hmmm.. right now on coinmarketcap Ethers are $0.93 and Ethercoins are $1.26  Roll Eyes
Denker
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August 08, 2015, 09:16:06 PM
 #15

Hmmm.. right now on coinmarketcap Ethers are $0.93 and Ethercoins are $1.26  Roll Eyes

That's just some short taking breath. Dumping is hard work. Cheesy
EternalWingsofGod
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August 08, 2015, 09:21:33 PM
 #16

It was an interesting chart on poloniex
Someone started the order history at 50 BTC for the daily high so it was a 99.99% loss when it started trading at a normal price.

monsanto
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August 08, 2015, 09:36:20 PM
 #17

Hmmm.. right now on coinmarketcap Ethers are $0.93 and Ethercoins are $1.26  Roll Eyes

That's just some short taking breath. Dumping is hard work. Cheesy

Yes but who would be buying Ethercoins on bittrex for a lot more than the price of an actual Ether??  Shocked.  Ethercoins are supposed to represent Ethers 1 to 1 right? Although Ethercoins have the added hassle and risk that you have to trust the Ethercoin devs to pay out. Seems like proof that Ethercoin price was manipulated (e.g, Ethercoin devs buying their own supply).
criptix
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August 08, 2015, 11:07:09 PM
 #18

Well it was inevitable, New money coming in yesterday which drove the price up at a peak 52%, are getting dumped on today by the presale bagowners. We will see a rise after the price hits 1 $.


rise downwards  Grin

fucking nutjob shills

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KennyTheMartian
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August 08, 2015, 11:54:04 PM
 #19

Should see .0015 by end of week  Shocked

[XMR] Monero
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August 09, 2015, 12:51:41 AM
 #20

Should see .0015 by end of week  Shocked

It is on a bear driven dash towards the market capitalization of Dash.  

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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