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

[mtnsaa]

Everybody has there finger over the sell button right now.  Just going to take one whale to cash out to start the crash.

I don't think so.

This is not like the Blackcoin, Cinnicoin, Quark, Aurora pumps. It will no doubt correct but even a reasonable valuation of the project at this stage puts it at at least a 2-figure percentage of bitcoin's I would imagine.

Exactly, plus I think there are a LOT of bitcoiners giving up on BTC, not in terms of that it will die but in terms that it has already done its job. I think it will remain as a gateway to these new technologies and of course as "virtual gold" but the thrill is gone baby.

[hdbuck]

Everybody has there finger over the sell button right now.  Just going to take one whale to cash out to start the crash.

I don't think so.

This is not like the Blackcoin, Cinnicoin, Quark, Aurora pumps. It will no doubt correct but even a reasonable valuation of the project at this stage puts it at at least a 2-figure percentage of bitcoin's I would imagine.

Exactly, plus I think there are a LOT of bitcoiners giving up on BTC, not in terms of that it will die but in terms that it has already done its job. I think it will remain as a gateway to these new technologies and of course as "virtual gold" but the thrill is gone baby.

bitcoin is not about some "thrill". but ethereum definitely is.

else see here: http://trilema.com/2016/thats-right-time-to-move-on-please-do-bitcoin-is-really-not-for-you/#selection-7.0-7.72

[BldSwtTrs]

Everybody has there finger over the sell button right now.  Just going to take one whale to cash out to start the crash.

I don't think so.

This is not like the Blackcoin, Cinnicoin, Quark, Aurora pumps. It will no doubt correct but even a reasonable valuation of the project at this stage puts it at at least a 2-figure percentage of bitcoin's I would imagine.

Exactly, plus I think there are a LOT of bitcoiners giving up on BTC, not in terms of that it will die but in terms that it has already done its job. I think it will remain as a gateway to these new technologies and of course as "virtual gold" but the thrill is gone baby.

bitcoin is not about some "thrill". but ethereum definitely is.

else see here: http://trilema.com/2016/thats-right-time-to-move-on-please-do-bitcoin-is-really-not-for-you/#selection-7.0-7.72

Butthurt seems high. Every body might indeed leave cripple Bitcoin and only gmaxwell, MP and you might stay at the end.

For the record, MP is a guy who sold short ETH during the IPO.

[pbleak]

Let's try look at this outside the kiddie pump and dumpers window.

Ethereum is a well-liked and appreciated coin for its technology. It has a notable dev team and good media coverage (not the silly type). It also seems to have some traction with companies. Now, a coin like that is not valued sub-5USD but likely somewhere closer to 8 or 10 just based on merit. We will, because this is reality, see contractions, but if you think in terms of value it's a pretty safe bet. To explain this support one does not always need to think in the shallow end.

[hdbuck]

Everybody has there finger over the sell button right now.  Just going to take one whale to cash out to start the crash.

I don't think so.

This is not like the Blackcoin, Cinnicoin, Quark, Aurora pumps. It will no doubt correct but even a reasonable valuation of the project at this stage puts it at at least a 2-figure percentage of bitcoin's I would imagine.

Exactly, plus I think there are a LOT of bitcoiners giving up on BTC, not in terms of that it will die but in terms that it has already done its job. I think it will remain as a gateway to these new technologies and of course as "virtual gold" but the thrill is gone baby.

bitcoin is not about some "thrill". but ethereum definitely is.

else see here: http://trilema.com/2016/thats-right-time-to-move-on-please-do-bitcoin-is-really-not-for-you/#selection-7.0-7.72

Butthurt seems high. Every body might indeed leave cripple Bitcoin and only gmaxwell, MP and you might stay at the end.

For the record, MP is a guy who sold short ETH during the IPO.

meh, wtf are you still doing here?

Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   180,365,628,987 (+25.15%)
Adjust time:   After 1203 Blocks, About 7.0 days
Hashrate(?):   1,276,081,388 GH/s
Block Generation Time(?):   
1 block: 8.4 minutes
3 blocks: 25.1 minutes
6 blocks: 50.3 minutes

[BldSwtTrs]

Everybody has there finger over the sell button right now.  Just going to take one whale to cash out to start the crash.

I don't think so.

This is not like the Blackcoin, Cinnicoin, Quark, Aurora pumps. It will no doubt correct but even a reasonable valuation of the project at this stage puts it at at least a 2-figure percentage of bitcoin's I would imagine.

Exactly, plus I think there are a LOT of bitcoiners giving up on BTC, not in terms of that it will die but in terms that it has already done its job. I think it will remain as a gateway to these new technologies and of course as "virtual gold" but the thrill is gone baby.

bitcoin is not about some "thrill". but ethereum definitely is.

else see here: http://trilema.com/2016/thats-right-time-to-move-on-please-do-bitcoin-is-really-not-for-you/#selection-7.0-7.72

Butthurt seems high. Every body might indeed leave cripple Bitcoin and only gmaxwell, MP and you might stay at the end.

For the record, MP is a guy who sold short ETH during the IPO.

meh, wtf are you still doing here?

I am typing on my keyboard to answer you.

[paratox]

Ethereum seems like the new Hub for people with a "Get rich quick" mentality. Nothing wrong with that, just not my cup of tea.

[Benchman]

0.0165

I told you guys, 0.025 very soon

[mtnsaa]

Hi again, you still didn't get in? it's pushing 0.02...$6.2....

Anyway, Ethereum is the next wave like many of us have said because it's what banks actually want, a platform and a token that can become an worlwide standard. Bitcoin not only never could've done that, sadly its image has been spoiled and tainted for many years, it's a joke for most "serious" businessmen and a complete clusterfuck to the average joe who would never in a million years would go near a wallet and authorization keys and decimals.

Actually, you know what happened here? many waited and waited for so long because they know it's all bs and sh*tcoins, then when one is for real (even if it's a bubble, you have to recognize the volume and interest) you can't even see it if it's in front of your face.

[pbleak]

Ethereum seems like the new Hub for people with a "Get rich quick" mentality. Nothing wrong with that, just not my cup of tea.

Not quite. We've seen some obvious scams and some coins that seemed like they might make it (DASH, LTC), but in this case we have something that seems like outside support. None of the usual flash is floating about so we have to look elsewhere to explain. A good solid team helps, as does having a chief dev appearing on the BBC and the likes. Plus even Bitcoiners appreciate Ethereum at least offers something new (I'm a believer in both).

[pbleak]

Hi again, you still didn't get in? it's pushing 0.02...$6.2....

Anyway, Ethereum is the next wave like many of us have said because it's what banks actually want, a platform and a token that can become an worlwide standard. Bitcoin not only never could've done that, sadly its image has been spoiled and tainted for many years, it's a joke for most "serious" businessmen and a complete clusterfuck to the average joe who would never in a million years would go near a wallet and authorization keys and decimals.

Actually, you know what happened here? many waited and waited for so long because they know it's all bs and sh*tcoins, then when one is for real (even if it's a bubble, you have to recognize the volume and interest) you can't even see it if it's in front of your face.

Yep, look at how many older members are positive here as opposed to how the community reacts to obvious terrible coins. We all knew Ether was something. It's surprising more people didn't dive in.

[Hyena]

Those 10k BTC sitting in polo buy walls for ETH are begging to be hacked and stolen.

[pbleak]

Those 10k BTC sitting in polo buy walls for ETH are begging to be hacked and stolen.

Yep, I do wonder about people who do that, especially on Polo (!).

[Sark]

Yep, I do wonder about people who do that, especially on Polo (!).

Polo has margin lending at rates that I've never seen anywhere else.

.15% daily on BTC = 54% annualized interest. Those guys are making bank fueling the crazed ETH margin traders.

[yefi]

Yep, I do wonder about people who do that, especially on Polo (!).

Polo has margin lending at rates that I've never seen anywhere else.

.15% daily on BTC = 54% annualized interest. Those guys are making bank fueling the crazed ETH margin traders.

If you want crazy, look no further than EXP. Totally sustainable rise 

Btw, Polo is freezing up like a bitch for me. Never a great omen.

[BlindMayorBitcorn]

Is anybody planning to short this monster anytime soon?

[RyNinDaCleM]

Is anybody planning to short this monster anytime soon?

I might around 02 or 025 depending on the situation. I get a local top around .02 or so for a pull back, but often during bubbles, pull backs are either one quick knife or very shallow with crappy R:R ratio. So I remain undecided atm.

[Za1n]

Is anybody planning to short this monster anytime soon?

I plan to short once it goes a bit more parabolic. Looking at other past pumps/dumps, it is still in the slow but steady rise stage, although admittedly picking up speed recently.

I think possibly a day or two yet, but you never really know, it could make a big pump overnight, crash, and then it's over. I am thinking a top somewhere around 0.05 ETH/BTC range or ~$20 Eth/USD. It is around $6.50 as I type this, so I am thinking we will continue to pick up steam to around $10-$12 before a final violent push up to $20's before bursting the bubble.

[Netzer]

Are the Chinese pumping Ethereum?

[Za1n]

Are the Chinese pumping Ethereum?

I think they are all on holiday yet. Not sure if everyone takes off and ignores everything else, but you definitely notice a slowdown during the Chinese New Year period.