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cryptoboy.architect
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April 10, 2016, 07:25:42 PM |
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If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment.
Did you include cost of your equipment and its depreciation/failures? |
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BitUsher
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Activity: 994
Merit: 1035
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April 10, 2016, 07:40:20 PM |
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Your primary mistake is in thinking the relationship of those factors is a price of sub-0.01 during this wave down. It doesn't work like that.
I'm being very generous as it can be a lot worse(A majority was premined and invested for far less. Keep in mind that the IPO price was 0.30 per eth so it can easily find a much , much lower support. The reason I am being so kind to ethereum in my estimates is because the Ethereum foundation now has a bit of room for more pumping due to a few sell offs and they are unlikely to dump their remaining premined eth all at once. There is still plenty of Hopium left in Eth but there will be capitulation. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment.
You don't make any sense , mining difficulty is dynamic and the price to mint can go down as well. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment.
Did you include cost of your equipment and its depreciation/failures? Excellent question, and by those numbers he likely didn't. It is really easy to burn up a gpu by overworking it. |
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yefi
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April 10, 2016, 10:37:18 PM |
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I'm being very generous as it can be a lot worse(A majority was premined and invested for far less. Keep in mind that the IPO price was 0.30 per eth so it can easily find a much , much lower support.
The reason I am being so kind to ethereum in my estimates is because the Ethereum foundation now has a bit of room for more pumping due to a few sell offs and they are unlikely to dump their remaining premined eth all at once. There is still plenty of Hopium left in Eth but there will be capitulation.
Well, I can assure you that my numbers are not corrupted by generosity, kindliness, or any other foible. Your analysis of the actors in this arena is also missing a very important piece of information, which is the market itself. I take from this that you are no trader. |
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2015Bubble
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April 10, 2016, 10:52:46 PM |
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This is approaching the bottom now imo - may have one more day of it, but that'll be it. It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. That is the cost of my mining. I am mining to get DUMP Ethereum at the moment. Ran out of greater fools? |
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zakariabekkari
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April 10, 2016, 10:54:01 PM |
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BTCMaybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?
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marcus_of_augustus
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Eadem mutata resurgo
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April 11, 2016, 01:26:42 AM |
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got rootstocked?
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Kenta
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April 11, 2016, 06:30:03 AM |
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Where can I read up about Ethereum?
It covers more than 75% of the volume traded on Bleutrade these days and I'd like to know why.
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Rune
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April 11, 2016, 07:58:28 AM |
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Ethereum looks like it is taking a pretty big dip now might be a good time to buy. or not
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gtglener
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April 11, 2016, 08:20:35 AM |
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This is approaching the bottom now imo - may have one more day of it, but that'll be it. It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment. Sam here I have a hope that the price of altcoin will go up, But currently I am not going to convert my earned bitcoin to ethereum, and I am try to start mining that. |
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Master_dandosha
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April 11, 2016, 08:29:06 AM |
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ETH is the craziest coin i have ever traded in all my life . from yesterday 17-18 now is 20 -21 , so the prices is swinging very hard with a high risk to invest , Also if you take a risk to buy yesterday at 17 you might gain more profit by now .
So Bitcoin has a steady price than eth
The answer is no .
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coinyard
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★YoBit.Net★ 350+ Coins Exchange & Dice
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April 11, 2016, 10:07:41 AM |
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This is approaching the bottom now imo - may have one more day of it, but that'll be it. It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment. Sam here I have a hope that the price of altcoin will go up, But currently I am not going to convert my earned bitcoin to ethereum, and I am try to start mining that. I will be patient and wait for the price to drop to around $4 to 6 before buy more. I might miss the boat. |
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Washika
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April 11, 2016, 11:04:44 AM |
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ETH is the craziest coin i have ever traded in all my life . from yesterday 17-18 now is 20 -21 , so the prices is swinging very hard with a high risk to invest , Also if you take a risk to buy yesterday at 17 you might gain more profit by now .
So Bitcoin has a steady price than eth
The answer is no .
The price performance is similar to Monero. Both have risen a lot recently. Both needs some correction. |
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d-trix
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April 11, 2016, 11:13:06 AM |
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This is approaching the bottom now imo - may have one more day of it, but that'll be it. It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment. Sam here I have a hope that the price of altcoin will go up, But currently I am not going to convert my earned bitcoin to ethereum, and I am try to start mining that. I will be patient and wait for the price to drop to around $4 to 6 before buy more. I might miss the boat. ETH might have a hard time to recover if it is going under $5. |
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Nxtblg
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Activity: 924
Merit: 1000
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April 11, 2016, 05:54:21 PM |
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Ethereum looks like it is taking a pretty big dip now might be a good time to buy. or not
I'd leg in. From my reading & lurking in other markets, folks who are surprisingly prescient at calling a top do not have the same prescience when calling a bottom. They come in two flavours: 1. Underlying bulls. These folks think the bottom has been reached long before it has. I actually saw this on a penny stock forum: some fellow unloaded his shares of a gold company at above 60 cents and damn near the peak. But the fellow got back in at 40 cents, and the thing kept sliding to a little above 20 cents. 2. Permabears. These are people who are sometimes strikingly right when calling a top, like the folks who called out the housing-and-mortgage bubble in 2005, 2006 or 2007, but they turn into the proverbial "stopped clock." All of the ones I read were just as bearish (if not moreso) about real estate in 2010 and 2011 when the real-estate market bottomed. And of course, all of them were bearish on the stock market in 2009, 2010, 2011, 2012, 2013...you get the idea. Given that a prescient call of a top tends to be a one-off, if you're in category #1 [which you sound like] you should hedge by buying ETH in stages. You should also prepare to see your earlier buys go lower before the thing turns around, and tell yourself that you're buying a bargain. Despite the charming counsel of Captain Hindsight, squeezing a buck out of this market is still hard. Fact is, in the last bull run we had it too easy.  |
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Koamder
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April 11, 2016, 07:38:38 PM |
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This is approaching the bottom now imo - may have one more day of it, but that'll be it. It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment. Sam here I have a hope that the price of altcoin will go up, But currently I am not going to convert my earned bitcoin to ethereum, and I am try to start mining that. I will be patient and wait for the price to drop to around $4 to 6 before buy more. I might miss the boat. ETH might have a hard time to recover if it is going under $5. If the Ethereum go under $5, and the Foundation did not sell all its Ethereum before the drop, it might run out of money. |
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jmpFCE2
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April 11, 2016, 08:01:35 PM |
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This is approaching the bottom now imo - may have one more day of it, but that'll be it. It will likely correct much further to 4-5 usd before either a small bull trap or dead cat bounce. I expect Eth to continue to capitulate to 2-3 dollars as we approach july. If it correct to $4-5, I will buy a lot. That is the cost of my mining. I am mining to get Ethereum at the moment. Sam here I have a hope that the price of altcoin will go up, But currently I am not going to convert my earned bitcoin to ethereum, and I am try to start mining that. I will be patient and wait for the price to drop to around $4 to 6 before buy more. I might miss the boat. ETH might have a hard time to recover if it is going under $5. If the Ethereum go under $5, and the Foundation did not sell all its Ethereum before the drop, it might run out of money. we will see soon enough, when there is no more pump action this week, rest easy... |
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isildur1
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https://www.youtube.com/channel/UCFZEGJo43fObLP1GV
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April 11, 2016, 08:38:25 PM |
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do you think eth is worth investing in now? There are just so many alt coins its confusing to see which one is one top.
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jmpFCE2
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April 11, 2016, 08:40:41 PM |
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do you think eth is worth investing in now? There are just so many alt coins its confusing to see which one is one top.
ETH probably died when Poloniex lost monopoly so have fun with the Walking Dead |
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jjacob
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April 12, 2016, 01:39:56 AM |
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do you think eth is worth investing in now? There are just so many alt coins its confusing to see which one is one top.
ETH probably died when Poloniex lost monopoly so have fun with the Walking Dead How can you call something with a $600+ Mn market cap dead? Something which has 10% of Bitcoin's market cap is worth reckoning with. |
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cryptoboy.architect
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April 12, 2016, 02:10:19 AM |
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How can you call something with a $600+ Mn market cap dead?
Something which has 10% of Bitcoin's market cap is worth reckoning with.
$600M market cap, yet there are roughly the same 8000 BTC doing the bidding. There is no way even 5% of that market cap can cash out at these prices. Add to that miners, who generate additional $8M/mo in ETH and will likely sell % to cover their investment in electricity/equipment. |
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