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Author Topic: Double-top on ETH, looks like she's done, put a fork in her...  (Read 3860 times)
generalizethis
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February 15, 2016, 11:17:20 AM
 #61

I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  Roll Eyes

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.

Given that his assessment lines up with some of the smartest people in the room, I'd be careful making proclamations like that--I'd also be wary of Eth's price reflecting his and other's assessments of Eth's possibility of doing what it claims it will be able to do. Sooner or later expectations get measured against reality and playing the market (when over exuberant expectations are likely in play) is like a game of chicken with Reality in a snow storm--you know it's probably coming, but do you WHEN to change lanes?

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tokeweed
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February 15, 2016, 11:57:16 AM
 #62

I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  Roll Eyes

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.

Given that his assessment lines up with some of the smartest people in the room, I'd be careful making proclamations like that--I'd also be wary of Eth's price reflecting his and other's assessments of Eth's possibility of doing what it claims it will be able to do. Sooner or later expectations get measured against reality and playing the market (when over exuberant expectations are likely in play) is like a game of chicken with Reality in a snow storm--you know it's probably coming, but do you WHEN to change lanes?

Yep.  Plan your trades and trade your plans.

R


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Spoetnik
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February 15, 2016, 05:35:21 PM
 #63

Crying Troll ..AGAIN to change the perception of reality ?
DO YOU GUYS ACTUALLY THINK THAT WORKS ?
If it did work there would be far more people here.

You can't circumvent an intelligent comment with some failed half ass attempt at a witty jab at someone.
Sorry but that just doesn't invalidate someone's assertions.
The fact that you guys would even attempt that whole cliched Shitcointalk routine is hilarious.
It never fails though you guys just keep doing it.
When are going to get smart ?
When are you finally after all these years realize that calling someone names or insulting them
doesn't magically make what they said wrong ?

When you guys do that it makes you look bad.
And some of you do it a lot.. making yourself look worse & worse in time.

It's cute how the guys who spout off about others* having a bad reputation have themselves an obviously one.

You guys are a joke and the general public out there can see it clearly !
Your little veiled attempts to discredit someone as a means of invalidating their point game is never going to work.. EVER !
Yet you plow on digging..

It really doesn't matter if i am ugly and my mother dresses me funny it doesn't make your shit coin good.

All the public sees is someone bringing up a criticism and the response from Fanboys is to insult the person.
And i think you guys do that because you have the intellect of a mittful of Twigs.

As usual at Shitcointalk.org trying to have a mature meaningful conversation with greedy children is not going to work out too well.
We're gonna hear about shit coin 7,033 being Moon rise chicken lambo's from Kidiots..
And the person that does not drop to their knee's and blow the scamtards ?
Cop out time.. flop on your back & cry Troll.

I say again..

Shitcointalk.org crying Troll / FUD for bucks $$$
That is all this place is .

Make shit coin.. cry FUD / Troll and collect profits and cash out $$

You guys wonder why the general public doesn't want to get involved with this shit yet ?
I'll give you a hint.. it has nothing to do with "Potentital App's" or "Anon" features.

FUD first & ask questions later™
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February 16, 2016, 12:14:31 AM
 #64

^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.

R


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LLBIT|
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stoat
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February 16, 2016, 12:33:11 AM
 #65

Everyone loves discussing ETH. I wonder who will be proven right in the end.

FREEDOMRESERVEFree currency for the British Isles
Visit our website for more info

<-- Click here!
FREEDOMRESERVE By the People and for the People
Spoetnik
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February 16, 2016, 01:18:53 AM
 #66

^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.

WRONG.

Don't assume all of us here are chasing "profits"

i'm not.. which is why i am the only guy who seems to care about honesty.
The rest of you just wan tot count your money..

PS:

Mined ?
ETH is an IPO scam coin launched unfairly .

FUD first & ask questions later™
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February 16, 2016, 02:36:58 AM
 #67

I don't know if this is a scam/pump but all I know is I have done very well from ETH in the last week or so, been selling off at a nice profit and still holding a good stash in case things go higher.
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February 16, 2016, 03:03:17 AM
 #68

^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.

WRONG.

Don't assume all of us here are chasing "profits"

i'm not.. which is why i am the only guy who seems to care about honesty.
The rest of you just wan tot count your money..

PS:

Mined ?
ETH is an IPO scam coin launched unfairly .

Not all but most.  Those hypocrites should get off their high horse trying to pretend they're not chasing profits.

And yes.  Those sourgrapes who mined or bought BBQcoin or whatever stupid, worthless coin they're bagholding should stop whining crying scam this or scam that when they clearly missed the train all in the name of 'honesty'...  Please...  It's clear that most people who come here are for the profitzzz.

What a bunch of hypocrites.

R


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February 16, 2016, 08:54:12 AM
 #69

I don't know if this is a scam/pump but all I know is I have done very well from ETH in the last week or so, been selling off at a nice profit and still holding a good stash in case things go higher.

The pump has increased the value of Ethereum. The foundation has more money to spend on development now. So it could be good.
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February 16, 2016, 10:51:05 AM
 #70


It doesn't really matter if you bough yours for $5.5 or $1.5 - just keep them:
in a year from now I see the eth price around $60 (now you can laugh).


ps. I'll quote myself on Feb 16, 2017 in this thread.
---------------------------
eth-price.com: eth price in USD, simple & minimal
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February 16, 2016, 12:06:14 PM
 #71


It doesn't really matter if you bough yours for $5.5 or $1.5 - just keep them:
in a year from now I see the eth price around $60 (now you can laugh).



ps. I'll quote myself on Feb 16, 2017 in this thread.
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eth-price.com: eth price in USD, simple & minimal

I completely disagree.  Although it would be sweet if it continues to go up and up, it just doesn't work that way.  Your advice is a sure fire ticket to bagholder's land like what most of the people in this forum did by buying illiquid, low volume coins.

R


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apriyoni
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February 17, 2016, 09:57:50 AM
 #72

The pump has increased the awareness of Ethereum, that could in turn increase the price. But if it is too high, the price will drop.
TPTB_need_war (OP)
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February 17, 2016, 04:29:55 PM
 #73

I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again.

It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year.

I place 90% odds on ETH never being the most popular crypto currency, so the long-term future price of ETH is bleak.

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February 17, 2016, 09:42:28 PM
 #74

I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again.

It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year.

I place 90% odds on ETH never being the most popular crypto currency, so the long-term future price of ETH is bleak.

You can create a prediction market on that in Augur when it goes online.  Cheesy

R


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LLBIT|
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February 17, 2016, 09:45:23 PM
 #75

If you really just wanted to make money, you would have shorted when I made the OP at exactly the top at double the current price. You say you don't care and just want to make money, but seems to me not. Rather you have some vested interest that the price needs to always go up.

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February 18, 2016, 09:53:03 AM
 #76

I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again.

It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year.

I place 90% odds on ETH never being the most popular crypto currency, so the long-term future price of ETH is bleak.

You can create a prediction market on that in Augur when it goes online.  Cheesy

When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum.
TPTB_need_war (OP)
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February 18, 2016, 10:24:28 AM
 #77

You can create a prediction market on that in Augur when it goes online.  Cheesy

When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum.

Maybe so just because speculators are dumb or chase the price movement of the dumb herd, but fact is Augur is useless because (for as long as) Ethereum is not scalable:

[...]

The point is that scriptable block chains are something that won't mature and become a real adoption market until after many years from now (perhaps decades). The wild price rise of ETH is much too premature and purely hype.

This redudancy + partionning paradox is extremely hard to understand for a newbie who's native language is not even english...

It would be really appreciated if someone could rephrase this paradox summing up with easy terms what is the issue and its consequencies Grin

I am years ago of your computer science knowledge and I may stay years ago of your knowledge in this field for the rest of my life since it isn't my study field.

Thank you in advance.  Grin

Hopefully r0ach and others can offer their laymen's summaries.

What you need to know is that Ethereum as it is currently designed can't scale just as Bitcoin can't scale, but the level of scaling which the current Ethereum can do is much less than even Bitcoin's current limitation because verification/validation of Serpent scripts takes more resources than verification/validation of ECDSA signatures.

For both Bitcoin and Ethereum, this is not just an issue of block size limitation. The issue is that in order to scale, the mining becomes more centralized. I think you will should note that Bitcoin and all other major coins are entirely centralized already and on the precipice of failure (all of them! study my links!).

Thus Ethereum proposed Casper which is a design that attempts to use sharding (a.k.a. partitions) to improve scaling decentralized. But I explained in this thread, that can't work. To reduce electricity consumption, Ethereum also proposed PoS-like consensus-by-betting with forfeitable deposits. PoS has known failure modes that violate Nash equilibrium.

So the point of all this is that Ethereum and all the rest of the crypto coins have not yet solved the fundamental issue of decentralized consensus.

If you want to read a theoretical discussion of why, I did that too.

Okay that is enough from me. Adios.

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February 18, 2016, 11:42:42 AM
 #78

You could create a prediction market for that as well.  Cheesy

You can create a prediction market on that in Augur when it goes online.  Cheesy

When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum.

Maybe so just because speculators are dumb or chase the price movement of the dumb herd, but fact is Augur is useless because (for as long as) Ethereum is not scalable:

[...]

The point is that scriptable block chains are something that won't mature and become a real adoption market until after many years from now (perhaps decades). The wild price rise of ETH is much too premature and purely hype.

This redudancy + partionning paradox is extremely hard to understand for a newbie who's native language is not even english...

It would be really appreciated if someone could rephrase this paradox summing up with easy terms what is the issue and its consequencies Grin

I am years ago of your computer science knowledge and I may stay years ago of your knowledge in this field for the rest of my life since it isn't my study field.

Thank you in advance.  Grin

Hopefully r0ach and others can offer their laymen's summaries.

What you need to know is that Ethereum as it is currently designed can't scale just as Bitcoin can't scale, but the level of scaling which the current Ethereum can do is much less than even Bitcoin's current limitation because verification/validation of Serpent scripts takes more resources than verification/validation of ECDSA signatures.

For both Bitcoin and Ethereum, this is not just an issue of block size limitation. The issue is that in order to scale, the mining becomes more centralized. I think you will should note that Bitcoin and all other major coins are entirely centralized already and on the precipice of failure (all of them! study my links!).

Thus Ethereum proposed Casper which is a design that attempts to use sharding (a.k.a. partitions) to improve scaling decentralized. But I explained in this thread, that can't work. To reduce electricity consumption, Ethereum also proposed PoS-like consensus-by-betting with forfeitable deposits. PoS has known failure modes that violate Nash equilibrium.

So the point of all this is that Ethereum and all the rest of the crypto coins have not yet solved the fundamental issue of decentralized consensus.

If you want to read a theoretical discussion of why, I did that too.

Okay that is enough from me. Adios.

R


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