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

[BitcoinHodler]

i think ETH can go higher but now it is dangerous to buy because it is on top of the pump period.

[thms]

* I didn't get any because I couldn't find a good wallet.

I'm using Kraken as an ETH wallet for now. One of the few exchanges that I feel confident in.

[afbitcoins]

Ah well shows what I know, momentum found another leg up and eth is storming up again.  However I still have no plans to switch any btc for eth.

[afbitcoins]

* I didn't get any because I couldn't find a good wallet.

I'm using Kraken as an ETH wallet for now. One of the few exchanges that I feel confident in.

I've lost funds by trusting exchanges (bitcoinica and to much lesser extent mintpal and cryptsy). Unless I find a good way to hold in my own wallet I won't go near it. (except in tiny play amount) 

[mtnsaa]

I'm not a fan of investing in other alt coins after a price surge as usually these effects are temporary and will go back to the range it belongs in some time soon so I think only those who are into buying and selling would benefit from this and it's a short plan only so in my case, I won't be moving any amount into ETH.

I think the same way, I bought some ETH when it was around 550 and more and shorted my way up. But now I got out, I think this bubble is gonna pop somehow even if ETH is for real. Now, there's a slight chance that ETH will be better than BTC altogether in the sense of being a complete new disruptive technology and that's what many of us need to ask. If you think so, then you should throw as BTC as you can...haha

[mtnsaa]

* I didn't get any because I couldn't find a good wallet.

I'm using Kraken as an ETH wallet for now. One of the few exchanges that I feel confident in.

I've heard good thinks about Kraken, I'm on Polo, already sold my ETH share but may buy back if I see an opportunity. I also don't like exchanges but for altcoin trading it's impossible to install many wallets and for the love of god I couldn't figure out how Ethereum worked, too technical for me.

[The Sceptical Chymist]

Everyone's looking for the next bitcoin, right?  Or the coin that will overtake bitcoin.  And from what I've read it seems ETH has the best shot.  I'm very skeptical and I don't own any, as Yobit doesn't list it, else I might actually buy some for the hell of it.  You never know.

[Ruzka]

I had brought in last month when it dropped to 250k and some more at 400k. I will probably sell the rest of my ETH in the next day or two and hopefully ready to get back in on the correction that has to come after these last few weeks. So in short no I am not moving any more bitcoin into eth I am moving bitcoin out   

[mtnsaa]

Well Ethereum is not a Bitcoin killer per se, is much more than that, if Bitcoin was conceived as Internet's currency this is Internet's fuel if that makes any sense.

[The Sceptical Chymist]

OK one more thing:  ETH doesn't have a wallet of its own?  Am I correct about that?  So if you buy it on, say, Poloniex you can't withdraw it anywhere?

[richardsNY]

I will never sell any of my precious Bitcoins for an altcoin. And beside that, Ethereum price is probably in its very highs right now. It's just a matter of time before the price start to tank heavily.

[kwukduck]

Although I'm highly annoyed by the community ignoring the problems with bitcoin.  Most of these alts are just a scam and a very bad investment at best.
Eth is definitely in this category of things to avoid. It's hyped like crazy right now by the loads of shills. We all know what happens after the hype.

IMHO the best bet is fixing bitcoin.

[solitude]

Flavor of the month shitty altcoin being shilled to no end.  Will be forgotten in a month after the shills sell their bags and the retards hopefully realize there's only one crypto coin: bitcoin.

Then someone creates another shitty altcoin "bitcoin-killer" and the process repeats in a couple months.

[mtnsaa]

Although I'm highly annoyed by the community ignoring the problems with bitcoin.  Most of these alts are just a scam and a very bad investment at best.
Eth is definitely in this category of things to avoid. It's hyped like crazy right now by the loads of shills. We all know what happens after the hype.

IMHO the best bet is fixing bitcoin.

I definitely agree on fixing Bitcoin, if you read these threads Bitcoin is the best thing since sliced bread and the truth is adoption rate is terrible and technical issues pile up. It's still the top dog of course and it has proven its worth for years, the very small number of people who use it have trust in it too, and that's huge.

However I'm still on the fence on Ethereum, I don't know much in terms of technical knowledge but from what I understand it is indeed innovative and it has a chance to catch on and become a very big platform, which would be fueled by these tokens. So it's not so much as a Bitcoin killer in that sense. With that being said it's hyped and pumped to no end right now and the bubble will eventually pop, perhaps after the immediate release of Homestead. I think by then many will realize it didn't cure cancer and proceed to start the dumping.

[NorrisK]

Although I'm highly annoyed by the community ignoring the problems with bitcoin.  Most of these alts are just a scam and a very bad investment at best.
Eth is definitely in this category of things to avoid. It's hyped like crazy right now by the loads of shills. We all know what happens after the hype.

IMHO the best bet is fixing bitcoin.

Wow, this is definately one of the most positive things I've ever heard you say about bitcoin. You're saying it has a chance if it gets fixed. I agree with your there though, something needs to be done to get it back on track.

As far as ETH goes, there is a lot of bot volume and forum shills going around trying to pump the price even further. I don't think it has much more room to grow, as pumping it at these levels gets more expensive as well. Leaving aside the insane amount they have to pay to polo at these volume levels..

ETH definately has potential imo, but the current surge is way over the top and not in line with any deliveries from the dev team.

[marcus_of_augustus]

This is clearly an altcoin pump thread, why is it not in the Altcoin section?

NB: Ethereum runs the highly centralised risk that Vitalik fucked up somewhere along the way in his wunderkid hubris trip.

[rezilient]

OK one more thing:  ETH doesn't have a wallet of its own?  Am I correct about that?  So if you buy it on, say, Poloniex you can't withdraw it anywhere?

You said Eth has the potential to overcome bitcoin? Do more research before spewing FUD. People need to have a knowledge about coding before they can use ETH.

Maybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?

No, Eth is a good shitcoin to produce more bitcoins via trading. Not good for bagholding coz most likely you are going to use an exchange site as a wallet

[TigerUppercut]

It's hilarious how people are putting down a Coin that just passed $250 million in market cap and has just left Litecoin in the dust 

[Mobius]

The ETH price has bubbled, I would tread carefully from here!

[solitude]

Ethereum.

Not Even Once.