Ethereum Ship sinking!!!!

[Furio]

I did not buy ethereum when it launched. So it is a good time to buy it now?

Just by looking at the chart, the answer is so obvious:  No.

As much as it has fallen it is still far above presale levels. It can potentially fall a lot further.  Ethereum is a project built on future expectations that may still be several years away based on the pace of development.

My thoughts exactly, it's not dead, people who state this dont understand the concept, yet it was very premaruterly launched, and yes, sadly very greedy en centralized devs, that's a shame...

[tokeweed]

Yeah..  They hurried and made a 'frontier release' before all the hype fades away.  It really says a lot on what (I think) Buterin and co.'s projection for the crypto scene in the coming months.  And it's not good.  We could be in for another year of nothing again on the first half of 2016.

[Furio]

Yeah..  They hurried and made a 'frontier release' before all the hype fades away.  It really says a lot on what (I think) Buterin and co.'s projection for the crypto scene in the coming months.  And it's not good.  We could be in for another year of nothing again on the first half of 2016.

I'm keeping an eye on the price, thought the bottom was 0.0025/0.0026, yet it prooved me wrong, so glad I didnt buy yet

I firmly believe that what Ether is trying to do, bitcoin should do, the blockchain can offer so much more, in such a more safe way

[hunnaryb]

ETH is really no different from the scams we see littered everywhere in altcoins.

[RealBitcoin]

ETH is really no different from the scams we see littered everywhere in altcoins.

Like GEMCOIN and other ponzi schemes. I wonder why ETH is based on Switzerland, probably to avoid the US SEC, because it would instantly be red flagged and could be busted that way.

Speculation, speculation, but you gotta admit that 3 year almost and still no wallet, but yet millions of dollars already evaporated. It is a big red flag.

[herbst]

ETH is really no different from the scams we see littered everywhere in altcoins.

Like GEMCOIN and other ponzi schemes. I wonder why ETH is based on Switzerland, probably to avoid the US SEC, because it would instantly be red flagged and could be busted that way.

Speculation, speculation, but you gotta admit that 3 year almost and still no wallet, but yet millions of dollars already evaporated. It is a big red flag.

While i agree with most of it i dont get the part about not beeing US.

For most of us, who are not within the the US restriction, it is way more trustable if something is founded in a wealthy first world country ant not the US.
Personally i would be afraid of crazy tax regulations, fund seizures, assurance, ...

[RealBitcoin]

ETH is really no different from the scams we see littered everywhere in altcoins.

Like GEMCOIN and other ponzi schemes. I wonder why ETH is based on Switzerland, probably to avoid the US SEC, because it would instantly be red flagged and could be busted that way.

Speculation, speculation, but you gotta admit that 3 year almost and still no wallet, but yet millions of dollars already evaporated. It is a big red flag.

While i agree with most of it i dont get the part about not beeing US.

For most of us, who are not within the the US restriction, it is way more trustable if something is founded in a wealthy first world country ant not the US.
Personally i would be afraid of crazy tax regulations, fund seizures, assurance, ...

True, but Switzerland is also a criminal haven with no extradition, so if they are caught scamming, and stealing every people's money, they wont even be prosecuted.

I mean to my knowledge cryptocurrency is not even a regocnized item there, so they can steal as much as they want, nobody will come after them.

[RKing]

The cash burn rate of Eth will slower as it will concentrate on very  few developments in the future.

[shanem]

I believe this is the bottom for ETH. Volume of ETH is low and this is done to scare away weak hands. The sell resistance to 0.003 is very low so it is a good time to buy ETH now.

[fydel]

The sell resistance to 0.003 is very low so it is a good time to buy ETH now.

Not at kraken.

[herbst]

ETH is really no different from the scams we see littered everywhere in altcoins.

Like GEMCOIN and other ponzi schemes. I wonder why ETH is based on Switzerland, probably to avoid the US SEC, because it would instantly be red flagged and could be busted that way.

Speculation, speculation, but you gotta admit that 3 year almost and still no wallet, but yet millions of dollars already evaporated. It is a big red flag.

While i agree with most of it i dont get the part about not beeing US.

For most of us, who are not within the the US restriction, it is way more trustable if something is founded in a wealthy first world country ant not the US.
Personally i would be afraid of crazy tax regulations, fund seizures, assurance, ...

True, but Switzerland is also a criminal haven with no extradition, so if they are caught scamming, and stealing every people's money, they wont even be prosecuted.

I mean to my knowledge cryptocurrency is not even a regocnized item there, so they can steal as much as they want, nobody will come after them.

I think you are talking about Cayman Islands or something, the criminal heaven thing is a story from yesterday before Switzerland started to sign everything from the EU.

Its not _really_ recognized thats true, but it is recognized that if you pay $500 for something and they steal it, that they own you $500 for that.
It is not like stealing non currencys would be somehow legal.

[RealBitcoin]

I think you are talking about Cayman Islands or something, the criminal heaven thing is a story from yesterday before Switzerland started to sign everything from the EU.

Its not _really_ recognized thats true, but it is recognized that if you pay $500 for something and they steal it, that they own you $500 for that.
It is not like stealing non currencys would be somehow legal.

No idea, but if there is no law for it then they could get away with it, or they could say that it was not theft, it was a maintenance cost.

If they want to run a scam, they are more clever than to outright steal the money, instead they will just take it out as maintenance fee, which is still stealing, but that looks legal that way.

Its not like its the first non profit organization that burned their funds on useless stuff.

[damiano]

What is wrong with Ethereum??? I hold a couple of thousand ETH, the price has been declining for weeks now??
Should I dump or hodl???

You should have dumped the second you got them on the exchange and you would be buying in the coming weeks 1/4 of the price thus increasing your coin. You may as well hodl now the time has passed. Good luck in future trades.

[tokeweed]

The cash burn rate of Eth will slower as it will concentrate on very  few developments in the future.

^ lol.  Are you retarded?

[Blawpaw]

Like all investments and all new companies, they tend to initially lose value. However, its value is bound to increase if the company or the project show some real potential. Much like bitcoin, if ethereum sees some real adoption it may probably rise in value in the long run.

[tokeweed]

Like all investments and all new companies, they tend to initially lose value. However, its value is bound to increase if the company or the project show some real potential. Much like bitcoin, if ethereum sees some real adoption it may probably rise in value in the long run.

Another worthy post for the bagholders thread.

[HeroCat]

With new crypto - it is always in that manner. You can always expecting price going down 

[traderbit]

Lots of hype around this "platform", with little being delivered

[tokeweed]

True.  They only thing I am looking forward to is Augur.  Which isn't even directly under Ethereum.

[monsanto]

True.  They only thing I am looking forward to is Augur.  Which isn't even directly under Ethereum.

Doesn't it run on the Ethereum network though.