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calkob
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March 14, 2016, 06:27:07 PM |
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Don't do it!!
High probability that it won't break .01. BTC won't rally until ETH finishes somewhere above 008
Edit:
While what's cheap? ETH? Ha, it's up 400% and you think NOW is the time to buy?
I already got a few, couldn't help FoMO  What's wrong in getting say, $100 or $200, just in case? It's cheap in that, $3 is a palpable value, psychologically speaking. I always thought that BTC redenomination (shifting decimal places by 1,000) would help adoption, but whatever, seems like listening to people is not their strongest point. Its cheap and will remain so for a long time as there's a HUGE supply already created: currently at 77,137,774 Eth coins. Yes thats 77 million folks! Ginormous Eth Bag holders that are bailing out on you.. So you can always dream of $50 a coin, that's would amount to nearly $4 billion market cap, for a coin that doesn't even have proper GUI client.. https://etherscan.io/stats/supplyHAHA egg on your face, no harm but the ethereum GUI looks better than Bitcoin core, which no harm looks like something from the 90's |
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funkenstein
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Khazad ai-menu!
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March 14, 2016, 06:50:17 PM |
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HAHA egg on your face, no harm but the ethereum GUI looks better than Bitcoin core, which no harm looks like something from the 90's
Those of us who know something about computers use command line tools. |
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toknormal
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March 14, 2016, 07:16:50 PM
Last edit: March 14, 2016, 08:17:26 PM by toknormal |
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Lets say over the next year Ethereum doubles its dollar marketcap - 100% increase to $2 Billion. Lets say meantime, bitcoin only gets a paultry 25% growth (BTC price will still be in the $400's - just). That works out at an Ethereum price of only 0.04 BTC, which it's nearly at already. ******* Lets say Ether gains 50% in marketcap and BTC only 30%. Ether will still lose 5% value against BTC for a fixed holding of coins. 0.034 --> 0.032 ******* Lets say when the blocksize debate gets resolved and Lightning network comes online in the Autumn and halving is here, there's a big Bitcoin rally and it grows 100% in marketcap. Bitcoin price will be $798. But Ethereum grows EVEN more than Bitcoin. Achieves 120% growth in marketcap. Even under that scenario Ether price in BTC will be 0.031: a 10% loss against Bitcoin for a fixed holding. ******* Thats how bad a store of value Ether is compared to BTC and why profits will be taken in Bitcoin, not Ether. ( IMO of course - wouldn't want to question the sovereignty of anyone's personal investment priorities  ) |
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Minecache
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Vave.com - Crypto Casino
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March 14, 2016, 09:38:14 PM |
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HAHA egg on your face, no harm but the ethereum GUI looks better than Bitcoin core, which no harm looks like something from the 90's
Those of us who know something about computers use command line tools. CLI Not good for widespread adoption though now is it, and that has to be Ethereums next target. |
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AliceWonderMiscreations
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March 14, 2016, 10:30:04 PM |
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HAHA egg on your face, no harm but the ethereum GUI looks better than Bitcoin core, which no harm looks like something from the 90's
You mean functional without excessive eye candy and a UI philosophy that changes every 3 month? Yes, the 90s were better. |
I hereby reserve the right to sometimes be wrong
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yefi
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March 14, 2016, 10:53:27 PM |
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Even if there are people treating it "as if* it is a currency", there are likely to be at least as many who are not aware of the massive mining supply thats around the corner. 20 million coins that come from nowhere getting dumped on the market over 12 months.
That massive supply was meant to stabilize price by discouraging wild speculation, thus increasing Ether's utility as a fuel. Then the Ethereum Foundation faced bankruptcy, bought ETH, promised low inflation, and now we have a bubble and a Foundation that's funded for the next seven years.  |
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hdbuck
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March 15, 2016, 08:10:26 AM |
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Even if there are people treating it "as if* it is a currency", there are likely to be at least as many who are not aware of the massive mining supply thats around the corner. 20 million coins that come from nowhere getting dumped on the market over 12 months.
That massive supply was meant to stabilize price by discouraging wild speculation, thus increasing Ether's utility as a fuel. Then the Ethereum Foundation faced bankruptcy, bought ETH, promised low inflation, and now we have a bubble and a Foundation that's funded for the next seven years. well we all thought TBF was funded for the next decade too during the last bitcoin bubble... |
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marcus_of_augustus
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Eadem mutata resurgo
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March 15, 2016, 09:19:22 PM |
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looks like that was the blow-off top in ether fart gas.
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
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mtnsaa
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March 15, 2016, 09:35:42 PM |
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looks like that was the blow-off top in ether fart gas.
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
I've sold mine and actually didn't get as much profit as I wanted too, however I still believe ETH will be the clear winner this year, BTC is just going nowhere and hype about ETH won't die that easy. With that being said I agree that unless there are some major announcements or deals in the next days the downtrend will continue, maybe even testing 0.02 but most likely will be around 250-280k. I think this would be a great place to get in. However with ETH, I won't be surprised if it hits $20 by next week, really. It all depends on news, if tomorrow Xapo says it is accepting Ethereum you know what will happen... |
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Bobsurplus
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Making money since I was in the womb! @emc2whale
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March 15, 2016, 09:45:11 PM |
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looks like that was the blow-off top in ether fart gas.
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
I dont think so bro. Look at the daily... that shit has not proven anything yet. We could still be easily moving up. We'll know in 10 days or so, unless more dumpage happens, if we breach 0.03 and have that act as a ceiling we'll be heading back to 0.022 range possibly. |
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rocketron
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March 15, 2016, 09:51:02 PM |
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Lol its not going back to 250k ever again 1$ are you serious lmao looks like that was the blow-off top in ether fart gas.
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
I've sold mine and actually didn't get as much profit as I wanted too, however I still believe ETH will be the clear winner this year, BTC is just going nowhere and hype about ETH won't die that easy. With that being said I agree that unless there are some major announcements or deals in the next days the downtrend will continue, maybe even testing 0.02 but most likely will be around 250-280k. I think this would be a great place to get in. However with ETH, I won't be surprised if it hits $20 by next week, really. It all depends on news, if tomorrow Xapo says it is accepting Ethereum you know what will happen... |
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pliv84
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March 15, 2016, 10:09:15 PM |
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I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?
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marcus_of_augustus
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Eadem mutata resurgo
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March 15, 2016, 10:31:58 PM |
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I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?
it's the bankster's baby ... they got fiat to burn, and a new toy to rape it seems. |
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rocketron
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March 15, 2016, 10:33:50 PM |
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You already posted thus in another thread which I answered. Are you trying to fud? I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?
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rocketron
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March 15, 2016, 10:34:09 PM |
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You already posted this in another thread which I answered. Are you trying to fud? I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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March 15, 2016, 10:47:58 PM |
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I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?
Because its the future and its future is brighter then bitcoins at this point in time. ALLLL aboard! |
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thms (OP)
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March 15, 2016, 11:26:55 PM |
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looks like that was the blow-off top in ether fart gas.
Prep yourselves for the years of the long bear markets ether luvvers ... or sell now and buy back at fiddy cents in 18 months or so ...?
Waiting for cheap coins to get in is futile... better buy now or miss out and cry for the rest of your life  |
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CCV.IO
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March 16, 2016, 12:19:16 AM |
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However with ETH, I won't be surprised if it hits $20 by next week, really. It all depends on news, if tomorrow Xapo says it is accepting Ethereum you know what will happen...
Haaaaaa!!!! Don't say that.... I've sold mine too! Well I'm happy for the profit I've made anyway so...  it's ok |
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bitbitch
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March 16, 2016, 09:08:05 AM |
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don't you just love hypesters.
their profit is your loss.
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maxj57634
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March 16, 2016, 01:56:53 PM |
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I wont be moving my bitcoin anywhere else,ETH is a trash coin to begin with.
Eth can only do is HYPE,its still a bad coin nothing more.
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