Ethereum pump and dump?

[Flademago]

yup, long term pnd.
it is a solid coin/project but is still overpriced at this point (many groups were all over this at one time).
it'll float high like this awhile then slowly drop back down...maybe not to 300k range but should go down from where it is now.
sure it'll go up higher but over how long or in how long......

If it is long term pump and dump, then it is like bitcoin. So I think Ethereum will live long. I want it to be developed further.

The Ethereum price is drop fast now. It seems it is a short term pump and dump, even though the pump lasted a month.

The price has risen again. It is in the $6.5 range now. It seems that the Ethereum has very strong support.

[FaucetRank.com]

I think price will move up again within 2-3 days because pumpers will make it 0.02 then it'll continuously drop and settle at correct price .

[Fastmartin]

I think price will move up again within 2-3 days because pumpers will make it 0.02 then it'll continuously drop and settle at correct price .

This could well happen. I just want the price not to go above 0.02 for the next few months. I would like to consolidate in the current range.

[hiddensphinx]

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

[dodgrad]

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

I would say that is the clear of the overhang. So the price will rise after the 1.2 milllion of Etherum is absorbed.

[hv_]

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

I would say that is the clear of the overhang. So the price will rise after the 1.2 milllion of Etherum is absorbed.

Wow. What a centralisation all over: Bag holders, mining and exchange.

Big risk!

[helloeverybody]

Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.

[stoat]

Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.

Sour grapes post

[helloeverybody]

Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.

Sour grapes post

If you say so, You obviously have some kind of misplaced faith that eth is more than just a pump and dump scheme. You never know, maybe im wrong and eth will crush bitcoin and be worth 1000s . =p

[tyz]

I already read a post addressing this topic yesterday. The only reason why they put so many coins onto Polo is that they want to sell them. But I am wondering what they are waiting for :/

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

[tyz]

Agree! I am still holding my coins bought at $0.73 and $1.05. Sold half of them at around $5. Waiting to get fully out of it. It really smells like a big dump is ahead.

Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.

[stoat]

Bullish

[stoat]

Indicator

[Kasmonian]

Agree! I am still holding my coins bought at $0.73 and $1.05. Sold half of them at around $5. Waiting to get fully out of it. It really smells like a big dump is ahead.

Im kind of glad i never bought into the eth hype now, im pretty confident of a dump coming in the very near future. Eth isnt a competitor for bitcoin so its unrealistic to think the big holders wont dump out at the highest price possible to convert that eth back into btc.

That is a good investment. If you hold your coins for longer, you have make a profit of $20 each ethereum coin.

[BitcoinHodler]

I already read a post addressing this topic yesterday. The only reason why they put so many coins onto Polo is that they want to sell them. But I am wondering what they are waiting for :/

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

wow that is a good catch, if it is going to a massive dump the ETH price is done

[owm123]

I already read a post addressing this topic yesterday. The only reason why they put so many coins onto Polo is that they want to sell them. But I am wondering what they are waiting for :/

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

wow that is a good catch, if it is going to a massive dump the ETH price is done

If the owner of the coins is at least half intelligent, he will be selling them slowly, rather then dumping everything in one go. Selling little buy little want affect the price in a one-big-dump style.

[hananl1styo]

now price for one ethereum is 0.01511126 bitcoin ,
check the latest price now, link is https://bittrex.com/Market/Index?MarketName=BTC-ETH

[thms]

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's worth of ETH trading.

Besides, how can we know this is not just Poloniex themselves moving around their reserves?

[LEONPATTON]

Half a billion market cap. This coin isnt going to crash any time soon. One of the few coins that is worth an investment. I'm not buying in to the $40 per coin some have been schilling but I can see it easily reaching $15
If your a newbie and have half a bitcoin put it on this coin and leave it without staring at the exchange all day. Leave it for weeks then take a gander.

[shanem]

1.2 Million ETH Genesis coins have moved to Poloniex...dump soon

https://www.reddit.com/r/ethtrader/comments/47v17v/1220000_eth_hit_poloniex_wallet_20_hours_ago/

There's no need to panic. 1.2M ETH is like 1.5% of the available supply. It's less than a day's worth of ETH trading.

Besides, how can we know this is not just Poloniex themselves moving around their reserves?

The owner of the 1.2M ETH is not that stupid enough to dump everything in one shot and destroy the market. All he have to do is to sell by batches and he can also manipulate the market to buy cheaper if he wants. The whale won't dump when Homestead is not released yet.