.

[Videodrome]

I am sensing movement again....

Yes maybe because of Devcon approaching or maybe I have missed some news.

People refuse to let this one sink in.

It is real and it IS happening.

Quote!!!

[Coxe]

The ethereum price is quite stable at the moment. It is within 10% of $1. Is there any reason for this situation?

[CoinHoarder]

Historically IPO coins are dumped after the initial software release. I would be shocked if Ethereum didn't follow down the same path.

Even the more innovative and ambitious IPO coins were dumped after their initial release. I do not think it will have any matter as to the long term success of the coin, but I am bearish at the moment.

The only situation I can see Ethereum not being dumped is if Bitcoin and alt crypto currencies happen to go on a bull run in the near to immediate future.

[tokeweed]

Historically IPO coins are dumped after the initial software release. I would be shocked if Ethereum didn't follow down the same path.

Even the more innovative and ambitious IPO coins were dumped after their initial release. I do not think it will have any matter as to the long term success of the coin, but I am bearish at the moment.

The only situation I can see Ethereum not being dumped is if Bitcoin and alt crypto currencies happen to go on a bull run in the near to immediate future.

Whatever happens to the price, I hope the volume remains high.  It will trend up sooner or later.

[shanem]

It will be 15 Nov soon but ETH has not risen much like CLOAK. If your prediction is true, ETH would have gone up to 0.01 BTC by now.

[Fontas.]

Ethereum will bring in some nice VC cash that will die right in there. But Bitcoin will steal anything valuable they do.

People want LTC and BTC and not something made by a member of One Direction with his hands in corporate pockets.

[tokeweed]

Ethereum will bring in some nice VC cash that will die right in there. But Bitcoin will steal anything valuable they do.

People want LTC and BTC and not something made by a member of One Direction with his hands in corporate pockets.

Pic or it's not true.

[entertheabyss]

It will be 15 Nov soon but ETH has not risen much like CLOAK. If your prediction is true, ETH would have gone up to 0.01 BTC by now.

Well, It looks like this coin in the short term window that I had called out was only good for an initial .0016 to .0040 (about 2x).

The dip/rebound during 4-Nov was good for .0015 to .0030 (about 1x) if you grabbed it low and got out on the peak 09-Nov.

The first run up was obviously a good chance for many to get some loot.

The second run was more of an "awesome at timing" opportunity which would have been much harder to get.


Summary: there was no "Cloak" and the answer to my question given the time period was "no".

ETH seems to be in the bargaining phase right now.

I shall now stand in the town center so that citizens can throw rotten tomatoes at me.

* entertheabyss throws rotten tomato at Sir Alpha_goy

[RealBitcoin]

It will be 15 Nov soon but ETH has not risen much like CLOAK. If your prediction is true, ETH would have gone up to 0.01 BTC by now.

It could still turn out like Paycoin

Don't be so optimistic, I dont trust the ETH developers the least.

[shanem]

It will be 15 Nov soon but ETH has not risen much like CLOAK. If your prediction is true, ETH would have gone up to 0.01 BTC by now.

Well, It looks like this coin in the short term window that I had called out was only good for an initial .0016 to .0040 (about 2x).

The dip/rebound during 4-Nov was good for .0015 to .0030 (about 1x) if you grabbed it low and got out on the peak 09-Nov.

The first run up was obviously a good chance for many to get some loot.

The second run was more of an "awesome at timing" opportunity which would have been much harder to get.


Summary: there was no "Cloak" and the answer to my question given the time period was "no".

ETH seems to be in the bargaining phase right now.

I shall now stand in the town center so that citizens can throw rotten tomatoes at me.

At least it is a good prediction from you. I will wait for your next "Cloak" but the comet theory seems unbelievable to me in your first page.
There are many comets happening so it was a concidence that Bitcoin rose during the time of the comet.

[tokeweed]

It will be 15 Nov soon but ETH has not risen much like CLOAK. If your prediction is true, ETH would have gone up to 0.01 BTC by now.

It could still turn out like Paycoin

Don't be so optimistic, I dont trust the ETH developers the least.

This is far from Paycoin.  Come on.  Ethereum has more vision than most altcoins out there.  Sure some shenanigans went on with the presale, the hurried release, the initial pump and dump when it got listed in the exchanges...  But seeing their devcon, its blockchain still has a good future ahead.

[alrachid]

It's sad that we even have to ask this question. There should be no doubt in our minds and we SHOULD be able to trust people. But we can't, and this is a huge problem in the crypto world!

[SockPuppetAccount]

So what exactly do I mean by the exchanges are connected?

Theory:

In general how do you think they are able to keep all exchanges hovering around the same price for any given coin?

Collaborated bot trading is how.

One might be inclined to see what happens when you go into an exchange that has very little trade volume of a coin.

Typically you will notice that buy and sell orders are scaled down quite a bit on the exchange that has a small percentage of a coins trade volume.

In one exchange with high volume it might take say 25BTC to get a coin to move 2% or so.

In the other exchange that has low volume it might take 2BTC to clear the same sell wall.

Clear the wall in the smaller volume exchange and back it up with a natural buy wall a little lower than the last sell you swept out and you will notice something quite peculiar at the other exchange.

You will see the sell walls pull out like magic.

Trick is that your buy wall has to be solid.

Of course the great and all powerful OZ might not let it happen.

But then he would have to deal with out of balance exchanges.


Like I said though, it's just a theory.

Apologies for bumping an old thread, I just needed to respond to this.  How do they keep the price hovering around the same price for any given coin?  Did you seriously just ask that?

Dude, it's called arbitrage, it's completely natural, and it occurs with every commodity known to man that is freely traded across multiple markets.  Spend more time learning the basics, less time coming up with crackpot theories.

[flapflap]

It will be 15 Nov soon but ETH has not risen much like CLOAK. If your prediction is true, ETH would have gone up to 0.01 BTC by now.

It could still turn out like Paycoin

Don't be so optimistic, I dont trust the ETH developers the least.

Paycoin was an obvious scam.

Ether is a token for exchange of value between contracts, and between individuals and contracts.

It was never intended to be a currency used to buy a comfy chair from Overstock.com.

Speculating in Ether is a fool's game, it's only purpose is to be a unit of value to exchange for "gas".