.

[RealBitcoin]

I have a gut feeling that this is not the end of ETH and the ETH devs have some tricks under their sleeve. I sense that the ETH devs are slowly accumulating cheap ETH while there is no 'good' news at the moment.

I dont know, the idea of ETH is good, but the implementation so far sucks. We got nothing so far, not even a client, that should raise some red flags.

If you always talk about something, then you will never have time to do it...

[Cointoli]

Why do guys think that this will survive long term? I believe this goes against bitcoin...

[Cointoli]

Why do guys think that this will survive long term? I believe this goes against bitcoin...

One thing to understand is that outside influences (IMO) actually select what coins survive long term.

They also decide what major coins will be pumped, dumped, and neglected.

In this case with Ethereum I am picking up much "chatter".

Also, the coin seems to be mimicking the behavior of Cloak as far as pump and dump goes.

Many coins claim to be better than BItcoin.

In some cases they are and in some cases they are not.

Only time can decide that.

Please elaborate what you mean by "this goes against bitcoin".

Bitcoin has more traction and more people are involved. Ethereum is just try to be main part of this crypto revolution. Why would anyone use ethereum blockchain in the long term when more secured is bitcoin blockchain.
If 51% people are driving right and 49% left soon 100 % will be driving right and 0 left. I believe this is the same with blockchains. Why to be part of the small blockchain if everybody is using standart (bitcoin blockchain)?

[Cointoli]

Please elaborate what you mean by "this goes against bitcoin".

Bitcoin has more traction and more people are involved. Ethereum is just try to be main part of this crypto revolution. Why would anyone use ethereum blockchain in the long term when more secured is bitcoin blockchain.
If 51% people are driving right and 49% left soon 100 % will be driving right and 0 left. I believe this is the same with blockchains. Why to be part of the small blockchain if everybody is using standart (bitcoin blockchain)?

I would like to restate the message of this thread.

When I say that Ethereum looks like it is going to pull a Cloak I am simply pointing out that the price movements of the coin seem similar to what Cloak did in 2014.

Now from a speculation standpoint this has nothing to do with what the coin can do long term.

Back in July 2014 Cloak went from .0004 all the way to .0033 on July 30th according to coinmarketcap.com (http://coinmarketcap.com/currencies/cloakcoin/)

That is a multiplication factor of about 8.

Since then the coins price has been less than attractive and we don't hear much from that coin anymore.

I believe that Ethereum may pull the same thing.

In the case of Ethereum I see it currently sitting in the same type of bottom that Cloak was in back in the beginning of July 2014.

So it is currently at .0026 or so and I am saying that it may pump up x8 and peak on November 15th.

As long as the coin is functional investors can trade the coin on an exchange.

All of this has nothing to do with the point you are making about it going against Bitcoin.

Don't get me wrong, your point may be valid but it has no bearing on speculation and investment.

Ideology and investment are two different machines that are not always in lockstep.

Yes, you are right. You can trade with anyting. After all it's all about attention. I was talking just about fundamentals but short term it can go anywhere.

[Cointoli]

Yes, you are right. You can trade with anyting. After all it's all about attention. I was talking just about fundamentals but short term it can go anywhere.

You nailed it right on the head.

The question is who is the one that wants attention and why?

Anymore I am starting to question what the word fundamentals even means.

It is like some abstract thought that is suppose to prove the validity of something.

In reality it equates to who is better at spreading propaganda.

You can spread propaganda as much as you wish but sometimes you simply can't piss against wind unless you'll get wet. Nature has it's rules and we can violate them only for time being. That's how I understand fundamentals - something natural.

[Cointoli]

You can spread propaganda as much as you wish but sometimes you simply can't piss against wind unless you'll get wet. Nature has it's rules and we can violate them only for time being. That's how I understand fundamentals - something natural.

Therein lies another question.

What is natural?

If we exist in nature, or the material sphere, then is that which we create part of nature?

Is all of what we do natural if it is all contained within the material sphere?

Reminds me of another chart that hopefully is not pissing against the wind as you say.



After all, as you state, nature has it's rules and we can violate them only for the time being.

Is that the beauty of operating in the ether?

I currently read this book. It can answer some of this questions.
http://www.amazon.com/Breakpoint-Implode-Obsolete-Everything-Technology/dp/1137278781

[RealBitcoin]

Reminds me of another chart that hopefully is not pissing against the wind as you say.


After all, as you state, nature has it's rules and we can violate them only for the time being.

You mean the elites want to reduce the world population to 500 million?

[Spoetnik]

Greenspan sat on his hands while being warned about a looming financial collapse years ago..
He went on the record before the housing market crash in 2008 saying
The market will regulate itself.. Saying the market big players won't let the system fail.
He was wrong.
They did allow it to fail and because of one reason.. Greed.
Then look at the parallels all over such as the crypto scene.
As soon as it started to heat up our oh so credible players crushed the crypto scene.
It's a ghost town with Bitcoin itself skidding along going in reverse..
My town had one of the first Bitcoin ATM's..
It's long gone now.. The store front is a Bicycle store now.

So.. If we can? we ruin it.
This applies to everything in all of history.
And illustrates how we are utterly doomed to failure.

Humanity will be wiped out by an asteroid as we waffle with a decision arguing about what to do.
Technology should be our savior but people would rather risk all of humanity dying,
rather than parting with some cash for research..
And yet once again I wind up back at the Greed problem.
We really truly are doomed.. And crypto too of course LOL

[tokeweed]

^ You long on Ethereum?

[shanem]

^ You long on Ethereum?

I just post what I see.

There have been a few other times I have seen something and didn't post then it happened as I saw it.

I'm trying something different this time.

You are still bullish on ETH? Unless ETH can come out with something revolutionary and get the capital of wall street.
I don't see how ETH can be the next CLOAK where you need lots of money to pump this coin.

[LuxMoneroj]

A story is being written and my aim is to find the story writer.

A noble aim.

Though the explorer finds etched:

An old man went into town riding on his donkey, looking and asking everywhere about him, "has anyone seen my donkey?"

[SockPuppetAccount]

Please elaborate what you mean by "this goes against bitcoin".

Bitcoin has more traction and more people are involved. Ethereum is just try to be main part of this crypto revolution. Why would anyone use ethereum blockchain in the long term when more secured is bitcoin blockchain.
If 51% people are driving right and 49% left soon 100 % will be driving right and 0 left. I believe this is the same with blockchains. Why to be part of the small blockchain if everybody is using standart (bitcoin blockchain)?

I would like to restate the message of this thread.

When I say that Ethereum looks like it is going to pull a Cloak I am simply pointing out that the price movements of the coin seem similar to what Cloak did in 2014.

Now from a speculation standpoint this has nothing to do with what the coin can do long term.

Back in July 2014 Cloak went from .0004 all the way to .0033 on July 30th according to coinmarketcap.com (http://coinmarketcap.com/currencies/cloakcoin/)

That is a multiplication factor of about 8.

Since then the coins price has been less than attractive and we don't hear much from that coin anymore.

I believe that Ethereum may pull the same thing.

In the case of Ethereum I see it currently sitting in the same type of bottom that Cloak was in back in the beginning of July 2014.

So it is currently at .0026 or so and I am saying that it may pump up x8 and peak on November 15th.

As long as the coin is functional investors can trade the coin on an exchange.

All of this has nothing to do with the point you are making about it going against Bitcoin.

Don't get me wrong, your point may be valid but it has no bearing on speculation and investment.

Ideology and investment are two different machines that are not always in lockstep.

CLOAK's pump happened in a VERY different market than the one we have right now, and CLOAK didn't have nearly the marketcap of ETH nor did it have to deal with loads of new POW coins being dumped onto the market daily.  Going from 0.0004 to 0.0033 isn't even a ten-bagger.  There is nothing unique about CLOAK's pump and I see nothing to suggest ETH is going to pull a similar rise this quickly.  I think even the ETH devs have openly admitted that ETH has many years more development ahead of it before the project really comes together.  I suspect the next run up will come whenever the ETH team announces they are ready to move to POS.  When that happens, I will buy a fuckton, ride it up and then dump 24 hours before the switch to POS.  Rebuy once the buzz dies down and price falls then stabilizes, stake until next hype cycle starts.

[lazi]

The new Dev team wasnt part of the pump!

CLOAK regenerates slowly and is on a good way! You can see it on graphic... new Dev team started in November (CLOAK was 1k-2k satoshi)



In my eyes has CLOAK more potential then Ethereum!

The new Dev team is  trustworthy and honest...soon they will release the final wallet with best tech in cryptoworld!  

[tokeweed]

^ True.  And Buterin and Co. would love a pump.  They need to dump more ETH to fund whatever it is their doing.

[disco987]

The new Dev team is  trustworthy and honest...soon they will release the final wallet with best tech in cryptoworld!  

You don't say...

Are you suggesting that Cloak is about to pull another Cloak?

We will see

[tokeweed]

So "is it about to pull a Cloak" yet? 

[shanem]

So "is it about to pull a Cloak" yet? 

Pre or post September 2014 

One thing is for certain, I will be back in this thread if I’m right or wrong.

That's just how I operate.

The recent shift down seems to have the mark of a fake out.

And to answer your question from before I am currently on the sidelines with this one.

If you are sure of your belief, you should accumulate cheap ETH while the price is low. There will be a rally but it will not be huge like what you said about Cloak.

[tokeweed]

Maybe he's bagholding. 

[chesthing]

It's pulling a "Croak." What has baffled me about altcoins since I started following them almost 2 years ago has always been, WTF buys this shit when it's obviously overpriced?

[tokeweed]

The bag is full of ETH, I see.