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Author Topic: ETH price soaring. Are you going to move some BTC into ETH?  (Read 198763 times)
asdalani
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July 27, 2016, 08:13:53 AM
 #1621

I'd have thought more shorts would've covered, but there's still way too many open. The Eth whales are in total control.

Opened a small one from 225 and close it at 215 after I saw BTC falling, glad I got out in time. I think shorting above $15 is safe if you leverage it well and are willing to hold but the loan rates have gone up obviously so that sucks.

I would probably be tempted to start shorting at 260-270. It also depends what BTC does. I now have no doubts that this is clear and HUGEEEE (imitates Trump) manipulation.

I would not touch ETH now, lucky are those who bought at the lower price, ETH back up on it's best price and that is good for the holders who does not dump when crisis happens.

This is great for ETH and maybe I will wait until another fall back will happen and try my luck for the very first time.

The Ethereum price dropped from 0.023 to 0.02 now. That is mainly due to the trading of the ETC.



That could be a good strategy. The Ehteruem price rose a quite a lot in the last few days. It might need some correction.

The ETH price dropped from 0.022 to 0.019 now. That is caused by the ETC listing. One of them might survive.

 
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July 27, 2016, 11:44:48 AM
 #1622

I'd have thought more shorts would've covered, but there's still way too many open. The Eth whales are in total control.

Opened a small one from 225 and close it at 215 after I saw BTC falling, glad I got out in time. I think shorting above $15 is safe if you leverage it well and are willing to hold but the loan rates have gone up obviously so that sucks.

I would probably be tempted to start shorting at 260-270. It also depends what BTC does. I now have no doubts that this is clear and HUGEEEE (imitates Trump) manipulation.

I would not touch ETH now, lucky are those who bought at the lower price, ETH back up on it's best price and that is good for the holders who does not dump when crisis happens.

This is great for ETH and maybe I will wait until another fall back will happen and try my luck for the very first time.

The Ethereum price dropped from 0.023 to 0.02 now. That is mainly due to the trading of the ETC.



That could be a good strategy. The Ehteruem price rose a quite a lot in the last few days. It might need some correction.

The ETH price dropped from 0.022 to 0.019 now. That is caused by the ETC listing. One of them might survive.

The ETC mining difficulty is too high at the moment, it is not too profitable to mine, and the price is too volatile.
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July 27, 2016, 05:25:37 PM
 #1623

I'd have thought more shorts would've covered, but there's still way too many open. The Eth whales are in total control.

Opened a small one from 225 and close it at 215 after I saw BTC falling, glad I got out in time. I think shorting above $15 is safe if you leverage it well and are willing to hold but the loan rates have gone up obviously so that sucks.

I would probably be tempted to start shorting at 260-270. It also depends what BTC does. I now have no doubts that this is clear and HUGEEEE (imitates Trump) manipulation.

I would not touch ETH now, lucky are those who bought at the lower price, ETH back up on it's best price and that is good for the holders who does not dump when crisis happens.

This is great for ETH and maybe I will wait until another fall back will happen and try my luck for the very first time.

The Ethereum price dropped from 0.023 to 0.02 now. That is mainly due to the trading of the ETC.



That could be a good strategy. The Ehteruem price rose a quite a lot in the last few days. It might need some correction.

The ETH price dropped from 0.022 to 0.019 now. That is caused by the ETC listing. One of them might survive.

The ETC mining difficulty is too high at the moment, it is not too profitable to mine, and the price is too volatile.

The difficulty is dropping now. That is mainly driven by the price drop. Miner will not mine it if it is not more profitable.
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July 27, 2016, 07:28:39 PM
 #1624

Just wanted to say "what a mess"...I still can't believe ETH price still remains unaffected and above $10. Unless they come up with some actual usable mainstream dapp or dao in the future (Augur, Akasha, Gnosis, whatever) the future looks grim.

Say what you will and I'm still very skeptic about Steemit long term but I've never seen so many non-crypto people flocking in and attention from the mainstream (especially WOMEN, which in my opinion is the most important and difficult users to get). If it turns out to be another disaster like the DAO (look how that affected ETH and BTC rally to a certain extent) it could make the whole market crumble to its knees due to credibility.

Did you guys read about the former ETH founder returning to join ETC team? He must be the hacker!
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July 27, 2016, 10:51:22 PM
 #1625

Just wanted to say "what a mess"...I still can't believe ETH price still remains unaffected and above $10. Unless they come up with some actual usable mainstream dapp or dao in the future (Augur, Akasha, Gnosis, whatever) the future looks grim.

Say what you will and I'm still very skeptic about Steemit long term but I've never seen so many non-crypto people flocking in and attention from the mainstream (especially WOMEN, which in my opinion is the most important and difficult users to get). If it turns out to be another disaster like the DAO (look how that affected ETH and BTC rally to a certain extent) it could make the whole market crumble to its knees due to credibility.

Did you guys read about the former ETH founder returning to join ETC team? He must be the hacker!
Why are you surprised? ETH has some major financial backers right now and for anyone holding ETH the Hardfork was a success. The ETH community and devs are pulling together moving onto the next Ethereum release.

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July 28, 2016, 07:04:06 AM
 #1626

Just wanted to say "what a mess"...I still can't believe ETH price still remains unaffected and above $10. Unless they come up with some actual usable mainstream dapp or dao in the future (Augur, Akasha, Gnosis, whatever) the future looks grim.

Say what you will and I'm still very skeptic about Steemit long term but I've never seen so many non-crypto people flocking in and attention from the mainstream (especially WOMEN, which in my opinion is the most important and difficult users to get). If it turns out to be another disaster like the DAO (look how that affected ETH and BTC rally to a certain extent) it could make the whole market crumble to its knees due to credibility.

Did you guys read about the former ETH founder returning to join ETC team? He must be the hacker!

You are right about the ETH. But even the ETC has some some value around $1, why should the ETH not have any vaule?
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July 28, 2016, 07:23:48 AM
 #1627

Yunbi, one of China’s biggest Ethereum trading exchange, announced today that they were to postpone the listing of ETC in order to undertake “security preparations” to address vulnerabilities due to “Relay Attack.”...   http://www.altcointoday.com/chinese-exchange-yunbi-lost-40000-etc/

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July 28, 2016, 02:23:55 PM
 #1628

Yunbi, one of China’s biggest Ethereum trading exchange, announced today that they were to postpone the listing of ETC in order to undertake “security preparations” to address vulnerabilities due to “Relay Attack.”...   http://www.altcointoday.com/chinese-exchange-yunbi-lost-40000-etc/

That is very wise decision. I have sent some ETC previous, even though I used the ETC chain, my ETH disappeared.
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July 29, 2016, 09:42:46 AM
 #1629

Yunbi, one of China’s biggest Ethereum trading exchange, announced today that they were to postpone the listing of ETC in order to undertake “security preparations” to address vulnerabilities due to “Relay Attack.”...   http://www.altcointoday.com/chinese-exchange-yunbi-lost-40000-etc/

That is very wise decision. I have sent some ETC previous, even though I used the ETC chain, my ETH disappeared.

So the Ethereum community should unite to remove of the chains so that people's properties are protected.

 
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July 29, 2016, 10:28:24 AM
 #1630

Yunbi, one of China’s biggest Ethereum trading exchange, announced today that they were to postpone the listing of ETC in order to undertake “security preparations” to address vulnerabilities due to “Relay Attack.”...   http://www.altcointoday.com/chinese-exchange-yunbi-lost-40000-etc/

That is very wise decision. I have sent some ETC previous, even though I used the ETC chain, my ETH disappeared.

So the Ethereum community should unite to remove of the chains so that people's properties are protected.

Some people think the some of the bitcoin owners want to keep two chains to dilute the threat of Ethereum to bitcoin.
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July 29, 2016, 11:00:22 AM
 #1631

sheesh what a mess ... this is ripe for some major league scamming now, watch out for dodgy exchange shennanigans.

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July 30, 2016, 08:39:31 AM
 #1632

sheesh what a mess ... this is ripe for some major league scamming now, watch out for dodgy exchange shennanigans.

That could be right. Maybe some exchanges will be attacked by the replay attack or 51% attack on the ETC.
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July 31, 2016, 08:38:00 AM
 #1633

sheesh what a mess ... this is ripe for some major league scamming now, watch out for dodgy exchange shennanigans.

That could be right. Maybe some exchanges will be attacked by the replay attack or 51% attack on the ETC.

I have sold out all my ETC. I only have the newly mined ETC. Does it mean I will not be replay attacked?
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July 31, 2016, 09:30:42 AM
 #1634

sheesh what a mess ... this is ripe for some major league scamming now, watch out for dodgy exchange shennanigans.

That could be right. Maybe some exchanges will be attacked by the replay attack or 51% attack on the ETC.
I lost my trust on ETH because of the hacking and now another coin which is ETC, not gonna touch this coin again though it has a great price now as it is very risky and I don't want to risk my money with a non stable coin.

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July 31, 2016, 09:40:25 AM
 #1635

Wow. I have to say the Ethereum subreddit is now officially the biggest echo chamber I have ever seen. I am pretty sure it is a few people using multiple reddit accounts to post but seriously. Are these people really this brainwashed? Are these people really so tunnelvisioned? This is probably amongst the weirdest sights I have ever come across in crypto.. over even gox and all that.... this is seriously the most creepy thing I have come across in crypto.. it really creeped me out.

twitter.com/erikledgers
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July 31, 2016, 09:41:08 AM
 #1636

sheesh what a mess ... this is ripe for some major league scamming now, watch out for dodgy exchange shennanigans.

That could be right. Maybe some exchanges will be attacked by the replay attack or 51% attack on the ETC.
I lost my trust on ETH because of the hacking and now another coin which is ETC, not gonna touch this coin again though it has a great price now as it is very risky and I don't want to risk my money with a non stable coin.

What hacking?

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July 31, 2016, 01:26:48 PM
 #1637

I ve been watching on Polo for days and still waiting for ETC to take off. Seems to want to settle at .0024 however it was just testing .003 mark.
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July 31, 2016, 01:37:07 PM
 #1638

I ve been watching on Polo for days and still waiting for ETC to take off. Seems to want to settle at .0024 however it was just testing .003 mark.

Barely broke 0.0029. How's that testing 0.003? Not to be a dick or anything but at least have your facts correct when producing a hype post.


I do think we might see 0.003 soon though so on that we agree. Seems like it has more to do with the fact that BTC has dropped a bit though just a guess. Also following the ETC market.

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July 31, 2016, 02:21:32 PM
 #1639

There will be less chance of 51% attack:
https://www.reddit.com/r/ethereum/comments/4vggxz/cnledger_on_twitter_chandler_guo_on_wechat_180/?st=iraoxwrf&sh=7f01d162

 
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dumada
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August 01, 2016, 02:58:42 PM
 #1640


When the ETC price drops, that guy will 51% attack the ETC. He said he would 51% ETC  a few days ago.
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