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

[Za1n]

I think I might buy some if the price drops to about $1 again. But after the recent pump, it might not go that low.

Lol it will never go that low, there's just too much interest in ETH right now, something big will have to happen, now going to $3 maybe drop a little below too, that could happen. Remember you "only" need 1500 ETH to stake and many big investors are looking to secure that as soon as possible.

Do you mean you have to have 1500 to stake to earn interest when it becomes PoS? That is very large amount.

Yes perhaps that changes down the line but that's the number. I think this is one of the many reasons people (and companies) are accumulating at this stage while they can afford it. Staking 1500 can be a source of enough fuel for running certain operations. I really don't know much about the technical stuff, it's all new to me but I'm just playing by ear based on what I sense.

I think this as well, it sure a lot easier to accumulate 1500 at $3.00, or even less than say $10 or even higher. I have the 1,500 goal in mind myself, but with the decreased reward of mining I don't think I will achieve it simply by mining. This is compounded by the fact that I sell off enough coins generated to keep ahead of my power bill. Lately with the increased price this has been better, but I will need to do a few more favorable trades to really grown my stack.

[mtnsaa]

I think I might buy some if the price drops to about $1 again. But after the recent pump, it might not go that low.

Lol it will never go that low, there's just too much interest in ETH right now, something big will have to happen, now going to $3 maybe drop a little below too, that could happen. Remember you "only" need 1500 ETH to stake and many big investors are looking to secure that as soon as possible.

Do you mean you have to have 1500 to stake to earn interest when it becomes PoS? That is very large amount.

Yes perhaps that changes down the line but that's the number. I think this is one of the many reasons people (and companies) are accumulating at this stage while they can afford it. Staking 1500 can be a source of enough fuel for running certain operations. I really don't know much about the technical stuff, it's all new to me but I'm just playing by ear based on what I sense.

I think this as well, it sure a lot easier to accumulate 1500 at $3.00, or even less than say $10 or even higher. I have the 1,500 goal in mind myself, but with the decreased reward of mining I don't think I will achieve it simply by mining. This is compounded by the fact that I sell off enough coins generated to keep ahead of my power bill. Lately with the increased price this has been better, but I will need to do a few more favorable trades to really grown my stack.

I think many have the same goal in mind but frankly is out of reach for most of us at these prices. Even at prices from the previous year (perhaps if you got them at the very bottom) it would be a huge investment that may never see fruits. I have a long way to go so in the meantime the only think I can think to accumulate other than buying is to lend in poloniex, little by little I guess I can get some extra ETH. I'm not selling anytime soon hehe.

[Tacalt]

I think they should reduce the stake size to 100 or lower so that more people can join. This will increase the user base.

[coinyard]

I think they should reduce the stake size to 100 or lower so that more people can join. This will increase the user base.

The more people own and user Ethereum, the higher the value of Ethereum. More adoption can increase the value more.

[hdbuck]

I think they should reduce the stake size to 100 or lower so that more people can join. This will increase the user base.

The more people own and user Ethereum, the higher the value of Ethereum. More adoption can increase the value more.

nah, adoption has nothing to do with value appreciation. sry.

[Koamder]

I think they should reduce the stake size to 100 or lower so that more people can join. This will increase the user base.

The more people own and user Ethereum, the higher the value of Ethereum. More adoption can increase the value more.

nah, adoption has nothing to do with value appreciation. sry.

Adoption means usefulness of the coin. If it is used more, the value will increase. This has happened to Bitcoin.

[hdbuck]

I think they should reduce the stake size to 100 or lower so that more people can join. This will increase the user base.

The more people own and user Ethereum, the higher the value of Ethereum. More adoption can increase the value more.

nah, adoption has nothing to do with value appreciation. sry.

Adoption means usefulness of the coin. If it is used more, the value will increase. This has happened to Bitcoin.

yea this is going to be as valuable as candycrush or whatever other MMORPG credit tokens, still not interested, sry.

bitcoin has intrinsic value, for all the computational power and electric consumption it requires, not to mention the TRUST in its network.

Honeybadger do the rest, mainstream adoption or not.

[sadasa]

I think they should reduce the stake size to 100 or lower so that more people can join. This will increase the user base.

The more people own and user Ethereum, the higher the value of Ethereum. More adoption can increase the value more.

nah, adoption has nothing to do with value appreciation. sry.

Adoption means usefulness of the coin. If it is used more, the value will increase. This has happened to Bitcoin.

yea this is going to be as valuable as candycrush or whatever other MMORPG credit tokens, still not interested, sry.

bitcoin has intrinsic value, for all the computational power and electric consumption it requires, not to mention the TRUST in its network.

Honeybadger do the rest, mainstream adoption or not.

Similar to Bitcoin, Ethereum is also supported by the Proof of power at the moment. I will it can be mined for longer.

[stoat]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

[sadasa]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

If the price drop can reduce the incentive to mine, that is good for me. I can mine more. The difficulty is too high.

[Christ0ph]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

Lets hope you are right.

[Blerand]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

Lets hope you are right.

The price dropped below 0.01 now. It is around 0.092 the lowest point. It might not rise in the near future.

[afbitcoins]

It can easily go down towards 0.007 I think.

[Za1n]

Yep, I could see the writing on the wall yesterday after it dropped down to 0.0125. I took advantage of the later pump to 0.0135 and once I saw it hesitate again on the rise, I sold off all my remaining ETH except for a small handful.

Today I had some buy orders set for just under 0.01 that filled, but I will wait until the price is lower to replace the vast majority I sold.

Hoping to see .008 or even .007 again, so I can double my ETH holdings from where I was, but on the flip side if it goes down too low it might have a hard time recovering. I am still a bit away from my 1,500 ETH long-term holding goal, but this correction is helping me get there sooner. So I am long term bullish on ETH, short term bearish.

[RyNinDaCleM]

It can easily go down towards 0.007 I think.

[Christ0ph]

I guess I'll change my name to Ikarus ...

[Redrose]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

Lets hope you are right.

The price dropped below 0.01 now. It is around 0.092 the lowest point. It might not rise in the near future.

What do you describe as "the near future" ? What is sure is that when the would have stopped, we'll be close to 0,1BTC/ETH !

[sanadas]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

Lets hope you are right.

The price dropped below 0.01 now. It is around 0.092 the lowest point. It might not rise in the near future.

What do you describe as "the near future" ? What is sure is that when the would have stopped, we'll be close to 0,1BTC/ETH !

The price has risen over 500% in the last month alone. So a correction in the $2-3 range is not a surprise.

[Redrose]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

Lets hope you are right.

The price dropped below 0.01 now. It is around 0.092 the lowest point. It might not rise in the near future.

What do you describe as "the near future" ? What is sure is that when the would have stopped, we'll be close to 0,1BTC/ETH !

The price has risen over 500% in the last month alone. So a correction in the $2-3 range is not a surprise.

You can't look at Ethereum like you do to other crypto-currencies. This one is unique, and the only reason why it's price is going down is because people are getting angry with Bitcoin's price rise.

[Koamder]

Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.

Lets hope you are right.

The price dropped below 0.01 now. It is around 0.092 the lowest point. It might not rise in the near future.

What do you describe as "the near future" ? What is sure is that when the would have stopped, we'll be close to 0,1BTC/ETH !

The price has risen over 500% in the last month alone. So a correction in the $2-3 range is not a surprise.

You can't look at Ethereum like you do to other crypto-currencies. This one is unique, and the only reason why it's price is going down is because people are getting angry with Bitcoin's price rise.

But the price of bitcoin just rose 3% over the last few days. The Ethereum price dropped over 40% in the meanwhile.