fullzero
Legendary
 Offline
Activity: 1260
Merit: 1009
|
 |
April 24, 2016, 07:56:12 PM |
|
The closer you look at ETH; the more questions you will have.
The best thing ETH has going for it is that most people will never read the whitepaper or review any of the code.
I'm betting in 6 months there will be a nerf announcement; which drastically reduces what ETH will actually do.
|
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
Unisonal
Newbie
Offline
Activity: 27
Merit: 1
|
|
April 25, 2016, 07:13:48 AM |
|
The closer you look at ETH; the more questions you will have.
The best thing ETH has going for it is that most people will never read the whitepaper or review any of the code.
I'm betting in 6 months there will be a nerf announcement; which drastically reduces what ETH will actually do.
The Ethereum is mainly for the smart contracts. Will that senenario reduce that that specific function as well? |
|
|
|
|
|
Kartikay
|
|
April 25, 2016, 02:18:39 PM
Last edit: April 25, 2016, 02:35:51 PM by Kartikay |
|
ETH seems to be a good investment. Though it has fallen in past fortnight but there is some potential in this altcoin, it has even reached upto a value of 0.05BTC and there are speculations that it might go back to that height. After ETH has solved some problems associated with bitcoins like it has provided much better divisibility as compared to bitcoin.
Bitcoin is divisible currently down to 100 millionth of a unit, and this limit can be increased ad infinitum if necessary. Also 0.05... are you just plucking figures from thin air? Could you enlighten me with the knowledge of ETH that you have? What had been the maximum price of ETH over the years according to you? Please express your opinion properly before putting any allegation on anybody! And bitcoin is divisible upto 8 Decimal places whereas ETH is upto 18, that the reason why I have made that point,do not post anything just because you have to post it. If you have any doubt on divisibility of ETH, you can refer this |
|
|
|
|
|
prettybuds
|
|
April 25, 2016, 02:19:21 PM |
|
I moved some BTC into ETH some time ago. It made some nice rewards. I'm happy, thank you.
|
|
|
|
|
|
Red-Apple
|
|
April 25, 2016, 02:43:25 PM |
|
I moved some BTC into ETH some time ago. It made some nice rewards. I'm happy, thank you.
yeah, a lot of us are grateful for the ethereum pump which was a huge pump this year. but this is restricted to those who have bough ETH before the pump and maybe during the next set of rises in the dips. but remember there are a lot of newbies that got dumped on because they got hyped up and bought while it was a bad time. |
--signature space for rent; sent PM--
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
|
April 25, 2016, 05:07:40 PM |
|
Could you enlighten me with the knowledge of ETH that you have? What had been the maximum price of ETH over the years according to you? Please express your opinion properly before putting any allegation on anybody! And bitcoin is divisible upto 8 Decimal places whereas ETH is upto 18, that the reason why I have made that point,do not post anything just because you have to post it. If you have any doubt on divisibility of ETH, you can refer thisRead the chart at Poloniex: 13 March 2016, 0.0372 ETH/BTC. Any other figure is poppycock - and I care little, if in some incredibly illiquid market, some numbskull once paid 0.05 for 1 ETH. We might as well say that Bitcoin reached 47,900 USD. Being able to split a transaction down to only one thousandth of a cent is not a problem, any more than pennies or cents are a "problem". |
|
|
|
|
|
Kartikay
|
|
April 25, 2016, 05:29:10 PM |
|
Could you enlighten me with the knowledge of ETH that you have? What had been the maximum price of ETH over the years according to you? Please express your opinion properly before putting any allegation on anybody! And bitcoin is divisible upto 8 Decimal places whereas ETH is upto 18, that the reason why I have made that point,do not post anything just because you have to post it. If you have any doubt on divisibility of ETH, you can refer thisRead the chart at Poloniex: 13 March 2016, 0.0372 ETH/BTC. Any other figure is poppycock - and I care little, if in some incredibly illiquid market, some numbskull once paid 0.05 for 1 ETH. We might as well say that Bitcoin reached 47,900 USD. Being able to split a transaction down to only one thousandth of a cent is not a problem, any more than pennies or cents are a "problem". Who cares what you care about? I made that post only because you put an allegation on me that I was plucking figures from thin air. I was only interested in showing you the stats which made me quote my statement. |
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
|
April 25, 2016, 06:21:18 PM |
|
In more pressing news, ETH just broke the previous low of .0165. While there is possible support around 0.015, I personally see this going down to the .0120s now.
|
|
|
|
|
mtnsaa
Legendary
Offline
Activity: 1568
Merit: 1000
|
|
April 25, 2016, 09:12:12 PM |
|
In more pressing news, ETH just broke the previous low of .0165. While there is possible support around 0.015, I personally see this going down to the .0120s now.
I agree this is a losing game if BTC keeps it up like this. Plus there's not much interest on ETH right now. I think an amazing entry point would be around 100-120k like you said. If the price goes even lower you can consolidate later on, I doubt it but hey, if BTC passes $500 then all bets are off. There are a lot of altcoins at discounted prices, if BTC reverses in the next days or weeks the people buying right now could double or triple their money. I really don't know what's behind BTC rise. |
|
|
|
|
|
parmatiya
|
|
April 26, 2016, 09:30:50 AM |
|
In more pressing news, ETH just broke the previous low of .0165. While there is possible support around 0.015, I personally see this going down to the .0120s now.
I am not so concerned. The low price could reduce the mining hash rate growth. The difficulty is too high now. |
|
|
|
|
|
|
Tacalt
|
|
April 26, 2016, 12:37:03 PM |
|
That is really good news. But it did not prevent the price of Ethereum to drop to new recent lows. In fact, most altcoin price has dropped. |
|
|
|
|
coinyard
Sr. Member
Offline
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
|
|
April 27, 2016, 10:35:34 AM |
|
That is really good news. But it did not prevent the price of Ethereum to drop to new recent lows. In fact, most altcoin price has dropped. Maybe people have shift their interest to bitcoin as the bitcoin price has risen. They will shift back from bitcoin. |
|
|
|
|
Koamder
|
|
April 27, 2016, 03:55:26 PM |
|
The price of Etehreum has risen over 10% from recent low. Is that the turn around or just a dead cat bounce?
|
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
|
April 27, 2016, 05:15:52 PM |
|
The price of Etehreum has risen over 10% from recent low. Is that the turn around or just a dead cat bounce?
It hit the 0.382 fib line (of the low last year to the peak) on the nose, so it's certainly a good candidate for a reversal. I do think it's a bull trap myself, as BTC still looks like it will break 500 USD, but each to their own. |
|
|
|
|
sadasa
Sr. Member
Offline
Activity: 446
Merit: 250
Unpaid signature.
|
|
April 28, 2016, 10:49:28 AM |
|
The price of Etehreum has risen over 10% from recent low. Is that the turn around or just a dead cat bounce?
It hit the 0.382 fib line (of the low last year to the peak) on the nose, so it's certainly a good candidate for a reversal. I do think it's a bull trap myself, as BTC still looks like it will break 500 USD, but each to their own. But the bitcoin just crashed to below $440. The Ethereum did not rise much. So the Ethereum is still directionless. |
|
|
|
|
parmatiya
|
|
April 29, 2016, 07:44:47 AM |
|
The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
|
April 30, 2016, 03:19:51 PM |
|
Just broke the log trendline...
|
|
|
|
|
|
|
|
Red-Apple
|
|
April 30, 2016, 04:35:03 PM |
|
The bitcoin is still in the correction stage. It was pumped and dumped. So the price will be in the 0.015 to 0.018 for some time.
it only lasted like half a day and that stage which is just a small panic sell from newbies is over and we are back above $450 again. anyways that has nothing to do with ethereum price. |
--signature space for rent; sent PM--
|
|
|
|
