Bad time to go long

[alani123]

As I'm posting this, Ethereum is still going through one of the greatest speculative bubbles any altcoin has ever experienced and in the meantime BTC/USD's volume is down while the price is rising.



People said the start of the year would be a safe time to buy because of the upcoming halving but that was too early, and it's still is. 420 is still above support and there's no guarantee that the coming of the halving is going to secure the price in the meantime, especially with the interest of speculators currently shifted onto Ethereum's bubble at large. You're never too safe with bitcoin.

[Amph]

eth bubble is ended, it will remain there for a long time now, they wanted to secure the 0.01 mark, that's it, i don't see another great bubble coming for it in the short term

any alt struggled above 0.01, even litecoin it was dumped at the end, and eth(as a currency not platform) does not offer anything above it

[CryptoBjorn]

The time will change soon I hope. The value is now quite low and it will rise soon I hope. You never know what can happen.
I hope that it will be rise for a long time so we can sell it in the future and get some a lot of profit.

[BTCLovingDude]

but Ethereum bubble is over now, all the investors have cashed out already and i believe one of the reasons that bitcoin price went above $400 was the fact that all those investments came back to bitcoin.

any rise in ETH is the result of dead cat bouncing for now which may or may night change in a couple of months

[Loimu]

Bad time to go long? I disagree. I think just the opposite, if you are going at it for long term then now is great time to buy. The price is still low and I see it only raising before the halving. There is no reason in sight why it would drop much from this level.

For shorting it's hard to say if you should buy. Price might drop and correct itself soon. Or it might not. No one knows.

Anyway at least I will be only buying more these times. Bring it on!

[Denker]

What is this? Another Ethereum shill thread?
Ethereum can and will never be what Bitcoin already is.
Furthermore the Eth pump seems to be over and will slowly begin to decline with some small ups in it to catch the last dumbs left with spare money looking for making a quick buck with altcoins.

[alani123]

What is this? Another Ethereum shill thread?
Ethereum can and will never be what Bitcoin already is.
Furthermore the Eth pump seems to be over and will slowly begin to decline with some small ups in it to catch the last dumbs left with spare money looking for making a quick buck with altcoins.

Actually I'm suggesting that it's a bad time go long with either BTC or ETH. Both will be heading down sooner or later, especially ETH. Perhaps going long with bitcoin would be safer after ethereum's bubble has popped.



Also, bubbles can have ups and downs as well and ethereum's one is no exception.

[gregyoung14]

What is this? Another Ethereum shill thread?
Ethereum can and will never be what Bitcoin already is.
Furthermore the Eth pump seems to be over and will slowly begin to decline with some small ups in it to catch the last dumbs left with spare money looking for making a quick buck with altcoins.

Actually I'm suggesting that it's a bad time go long with either BTC or ETH. Both will be heading down sooner or later, especially ETH. Perhaps going long with bitcoin would be safer after ethereum's bubble has popped.



Also, bubbles can have ups and downs as well and ethereum's one is no exception.

Hahaha! So much lol on this i have to say. I mean why shouldnt we go for this - i mean the guy already gave you a graph. Very scientific indeed! Hahahaha

[alani123]

What is this? Another Ethereum shill thread?
Ethereum can and will never be what Bitcoin already is.
Furthermore the Eth pump seems to be over and will slowly begin to decline with some small ups in it to catch the last dumbs left with spare money looking for making a quick buck with altcoins.

Actually I'm suggesting that it's a bad time go long with either BTC or ETH. Both will be heading down sooner or later, especially ETH. Perhaps going long with bitcoin would be safer after ethereum's bubble has popped.



Also, bubbles can have ups and downs as well and ethereum's one is no exception.

Hahaha! So much lol on this i have to say. I mean why shouldnt we go for this - i mean the guy already gave you a graph. Very scientific indeed! Hahahaha

Yeah, nevermind that this is a textbook example of a speculative bubble.

[Moneyburner]

I don't think it's too bad of a time to go long, especially if you want to go really long. I think anything under 1k is a good deal

[The Sceptical Chymist]

I think it's a good time to go long--whatever long is.  ETH is a sucker bet I think, but I can't claim to be certain about that. 

As far as the safety of bitcoin, yeah right.  Bitcoin is volatile as a Mo Fo, worse than precious metals and stocks.  Combined.

[alani123]

Bitstamp BTC/USD @ 417 after hitting below 410 today.

[yugo23]

eth bubble is ended, it will remain there for a long time now, they wanted to secure the 0.01 mark, that's it, i don't see another great bubble coming for it in the short term

any alt struggled above 0.01, even litecoin it was dumped at the end, and eth(as a currency not platform) does not offer anything above it

Yeah I can make a fair bet about ETH price: nothing will happen xD

[apriyoni]

eth bubble is ended, it will remain there for a long time now, they wanted to secure the 0.01 mark, that's it, i don't see another great bubble coming for it in the short term

any alt struggled above 0.01, even litecoin it was dumped at the end, and eth(as a currency not platform) does not offer anything above it

Yeah I can make a fair bet about ETH price: nothing will happen xD

The Ethereum has fairly big community support at the moment. The price has risen a lot since last year.

[~Bitcoin~]

but Ethereum bubble is over now, all the investors have cashed out already and i believe one of the reasons that bitcoin price went above $400 was the fact that all those investments came back to bitcoin.

any rise in ETH is the result of dead cat bouncing for now which may or may night change in a couple of months

i also think it is better not to jump to any alt right now without knowing actual reason of pump on their price. It is always safe to invest in bitcoin.

[Bitcoinbro]

It is not a bad time I think on this moment. We will get now a good time, the value is now rising very slowly and that is good for those who made an investment.
But you never know what can happen indeed. But we dont need to be negative. You must hope for the good thing.

[nickenburg]

Yes, I am closely watching what this coin is doing.

I have been lucky enough to buy at like 0.0095 so the price being at 0.014 now is really good again.
But I expected it and I almost sold at like 0.013 because the price could go anywhere.
And it seems it's going up now again but to where?
Is the question to me because it is probably going down again but when?

[8up]

ETH is on its way to $30 > Bitcoin will fork ($400) > invested money in ETH will shift to Bitcoin ($800) > ETH will come back to $5

Edit: time frame is Q2 - after that we'll see a crypto bubble ETH $50 / BTC $3500

[Fademigo]

I think it is good time to go long on bitcoin. The price will rise a lot after the halving and block size will increase.

[gentlemand]

I'd love to know how many people who've played with ETH actually know what it is and how it works. To most it's going to be nothing but a rising and falling number on an exchange.