ETH price soaring. Are you going to move some BTC into ETH?

[Kwiksave]

By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

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[Unisonal]

By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

But the hacker and his friends like that. He can make a lot of money out of it. Maybe more than $10 million.

[Kwiksave]

By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

But the hacker and his friends like that. He can make a lot of money out of it. Maybe more than $10 million.

They have about 3.6 million ETC. If they can trade a few rounds of the 3.6 million ETC, they can make more than 20 million.

[mandica]

By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

But the hacker and his friends like that. He can make a lot of money out of it. Maybe more than $10 million.

They have about 3.6 million ETC. If they can trade a few rounds of the 3.6 million ETC, they can make more than 20 million.

That could happen. But some people think they will not play with the hackers. So they are selling the ETC and the ETC price is going lower now.

[bbc.reporter]

ETH is really flat now. There is not much activity going on. The traders are staying away right now and it might even drop in price when some holders decide that it is time to sell since there is no more incentive to keep holding ETH because it remains flat. Would it be better to sell now and hold BTC or remain holding ETH?

[Hafitdart]

ETH is really flat now. There is not much activity going on. The traders are staying away right now and it might even drop in price when some holders decide that it is time to sell since there is no more incentive to keep holding ETH because it remains flat. Would it be better to sell now and hold BTC or remain holding ETH?

I just saw the ETH price rose above 0.0201. It is about 5% higher than yesterday. So people might be interested in it again.

[yefi]

I just saw the ETH price rose above 0.0201. It is about 5% higher than yesterday. So people might be interested in it again.

Yeah, there could be a major break up here. Kind of sucks, but, eh, gotta go with the money...

[loveofmylife]

Eth is in rally mode now, maybe people buy eth because they want to invest singular-dtv ico.

[Quickfant]

I just saw the ETH price rose above 0.0201. It is about 5% higher than yesterday. So people might be interested in it again.

Yeah, there could be a major break up here. Kind of sucks, but, eh, gotta go with the money...

I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

[Azael]

By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

But the hacker and his friends like that. He can make a lot of money out of it. Maybe more than $10 million.

They have about 3.6 million ETC. If they can trade a few rounds of the 3.6 million ETC, they can make more than 20 million.

Nothing really happened and VB is embracing ETC now https://www.reddit.com/r/EthereumClassic/comments/50k0wr/vitalik_buterin_softens_on_etc_a_nonnegligible/

I mean it could just be that the way ETH doubles in mcap is by reaching parity with ETC. So everybody who believe in ETH should hedge.

[Pamadar]

By doing that, the hacker does not have to sell the stolen funds and still make a lot of money. That could be the reason for the ETC price drop.

Exactly, margin trading is where the real money laundering happens.

That is my main concerning about owning the ETC. The ETC can just be a cash machine for the hacker.
So the price will not rise much in the future.

But the hacker and his friends like that. He can make a lot of money out of it. Maybe more than $10 million.

They have about 3.6 million ETC. If they can trade a few rounds of the 3.6 million ETC, they can make more than 20 million.

Nothing really happened and VB is embracing ETC now https://www.reddit.com/r/EthereumClassic/comments/50k0wr/vitalik_buterin_softens_on_etc_a_nonnegligible/

I mean it could just be that the way ETH doubles in mcap is by reaching parity with ETC. So everybody who believe in ETH should hedge.

Vitalik Buterin Softens On ETC: "A non-negligible minority that feel strongly [ETC]… am surprised by the level of [ETC] adoption… there are times when a split can increase total value… [ETC] is a positive value event… a version with their [BTC's] philosophy

[yefi]

I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

I've been trading XMR mostly of late, but am keeping my eye on ETH. The drop to .019 isn't great, but as long as it can keep above support at 0.0186 there's still a bullish case.

[Kasabus]

I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

I've been trading XMR mostly of late, but am keeping my eye on ETH. The drop to .019 isn't great, but as long as it can keep above support at 0.0186 there's still a bullish case.

I have some limit order at 0.017. If the price of Ethereum drops to 0.017, I will buy a lot and sell when the price rises to 0.022.

[Mukyasa]

I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

I've been trading XMR mostly of late, but am keeping my eye on ETH. The drop to .019 isn't great, but as long as it can keep above support at 0.0186 there's still a bullish case.

I have some limit order at 0.017. If the price of Ethereum drops to 0.017, I will buy a lot and sell when the price rises to 0.022.

I think the Ethereum dollar price will be stable in the next few weeks. The bitcoin price might drop further.

[bbc.reporter]

I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

I've been trading XMR mostly of late, but am keeping my eye on ETH. The drop to .019 isn't great, but as long as it can keep above support at 0.0186 there's still a bullish case.

But what if it will go below 186k satoshis. Is there a case for shorting ETH? If yes then how low do you think this will drop if it breaks support? I am speculating that some traders might be shorting ETH right now because it might really break although it has not been really tested yet.

[mtnsaa]

I think the upper trend of the ETH has been established. So the price could rise further in the next few weeks.

I've been trading XMR mostly of late, but am keeping my eye on ETH. The drop to .019 isn't great, but as long as it can keep above support at 0.0186 there's still a bullish case.

But what if it will go below 186k satoshis. Is there a case for shorting ETH? If yes then how low do you think this will drop if it breaks support? I am speculating that some traders might be shorting ETH right now because it might really break although it has not been really tested yet.

I think we'll see a bull run similar to what happened with BTC before the halvening in the next days. It was all quiet but all of a sudden price jumped. Devcon2 will be a major force and I think we could see prices above $20. They have been working on a lot of stuff, no real world usage dapp or dao yet though. They do have a lot of business support (Microsoft, Samsung and now Santander) and many devs are interested in working on ETH blockchain, that alone won't let the price dip below $5-8 bucks for the near future. Plus China exposure and new exchanges coming, you do the math.

Ethereum survived the DAO hack almost intact in terms of valuation so the potential to grow now can't be dismissed (the price never even reached lows of $7 before the ICO...).

I've sold most of my ETH after the hard fork, made some money but it's too unpredictable long term (I hold some and will trade it though). If it goes lower than 180 I will buy some more (I don't really see that happening unless BTC goes to $700  this week which I highly doubt).

Also, once BTC prices jump all alt bleed for a day because of profits taking but then they adjust. You can't really have BTC at $800 and Factom, Monero or Ethereum at $2, $3 and $8. The whole market jumps because it behaves as an industry.

[bbc.reporter]

@mtnsaa. I speculate that the support at 186k satoshis will break but I could be mistaken. It has been going in that direction for a while now and it will be put to the test soon. If we see that it the support is indeed strong enough then it might be safe to get in at the price near the support.

[mtnsaa]

@mtnsaa. I speculate that the support at 186k satoshis will break but I could be mistaken. It has been going in that direction for a while now and it will be put to the test soon. If we see that it the support is indeed strong enough then it might be safe to get in at the price near the support.

Yes that's the safest bet I agree. Even if 186 breaks it wont be for long though, I have low buy orders but I dont think they will get triggered.

Forgot to mention Casper and Raiden network. Hype is coming (not that I care but we are here to make some money). Monero pump is starting to cool off too right on cue...

[bbc.reporter]

@mtnsaa. We will see. For me that strong support is the last for now. If that breaks I speculate that ETH will fall below 150k satoshis or lower. Maybe this is the first of the altcoin bear market starting again? I am seeing Dash is also falling down now.

[yefi]

But what if it will go below 186k satoshis. Is there a case for shorting ETH? If yes then how low do you think this will drop if it breaks support? I am speculating that some traders might be shorting ETH right now because it might really break although it has not been really tested yet.

Yeah, if it breaks (quite possible after the full retrace on the rally to .022) I'd expect quite a drop. There's the line from the dao attack/etc panic bottoms around .0140-.0150, which might hold.