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Author Topic: Ethereum reached $10!  (Read 3196 times)
willope (OP)
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March 03, 2016, 02:18:53 PM
 #1

How much will this bubble continue to grow?
It has now more than 10% of bitcoin market cap. Only Ripple reached that level for a long time, and maybe Ltc for a shorter time.
Will ethereum match btc market cap? It has a lot of potential and bitcoin doesn't work as good as it used to because of the scalability problem.

Go get a job instead of wasting ur time with scams
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March 03, 2016, 02:19:56 PM
 #2

Anyone still ignoring Ethereum needs their head examined.  Ethereum will likely take the lead in crypto

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willope (OP)
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March 03, 2016, 02:26:53 PM
 #3

Anyone still ignoring Ethereum needs their head examined.  Ethereum will likely take the lead in crypto

Well I want to become a user but not at the actual high prices. At 2$ I would buy a lot.

Go get a job instead of wasting ur time with scams
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March 03, 2016, 02:36:32 PM
 #4

i know and i missed when it was cheap and super minable, it was an instant treasure back then

still proftable to mine, however i'm not going to invest in it, i prefer to mine much cheaper than buying
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March 03, 2016, 02:56:35 PM
 #5

It is indeed a great raise it had. Some people were laughing at me for doing ETH faucets a month ago when it was sub 0.008, and it paid to do that.

Where to mine it for profit?

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March 03, 2016, 02:57:15 PM
 #6

I don't see it used by sites and accepted by merchants yet. If maybe someday, even if tis $100 people will buy it if its casually used by gambling sites but as of now, i don't see it something worth going into. let the early adopters be early themselves.  Grin

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n0ne
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March 03, 2016, 03:15:50 PM
 #7

Anyone still ignoring Ethereum needs their head examined.  Ethereum will likely take the lead in crypto

Ethereum might get more users in the coming days. For such a instant growth, if you say it would likely to lead in crypto, its not true.
Just of few days analysis you can't Conclude soon it would overcome bitcoin.

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March 03, 2016, 03:46:04 PM
 #8

I think it's gonna take a big nosedive if it keeps climbing at this rate. Give it a day or two.
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March 03, 2016, 03:46:28 PM
 #9

It doesn't look like it's being used as a currency.  So there is no point in me buying any.  I use bitcoin as a payment system.  Not to speculate and trade.
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March 03, 2016, 10:01:24 PM
 #10

70% of it traded on exchange operating from a shed (poloniex) that offers no other significant coins and has no history, credibility, or reliability

LOL
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March 03, 2016, 10:14:06 PM
 #11

Anyone still ignoring Ethereum needs their head examined.  Ethereum will likely take the lead in crypto
Had my head examined the other day,  doctor had no idea wat ethereum was.

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stoat
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March 03, 2016, 10:17:48 PM
 #12

70% of it traded on exchange operating from a shed (poloniex) that offers no other significant coins and has no history, credibility, or reliability

LOL

Litecoin has plenty of history, of being a terrible investment

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Ubertroco
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March 04, 2016, 12:47:53 AM
 #13

70% of it traded on exchange operating from a shed (poloniex) that offers no other significant coins and has no history, credibility, or reliability

LOL

Litecoin has plenty of history, of being a terrible investment

Not terrible but kind a useless haha. ETH is having its time for now

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March 04, 2016, 01:01:11 AM
 #14

ETH is within reach of that 1 billion dollar target mark. But it seems the eagerness gradually subsiding.

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March 04, 2016, 01:25:45 AM
 #15

Yeah, I saw that. Congrats to all ETH holders. Smiley

Myself, I sold what little ETH I had, along with some other coins, and rolled the bulk of the balance into some Factom.






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March 04, 2016, 01:41:05 AM
 #16

ETH is within reach of that 1 billion dollar target mark. But it seems the eagerness gradually subsiding.
Yep.  I think its just time for a normal pause.  But we do have Homestead coming.  My guess is we're going to do the pullback thing, stabilize in low/mid 8's, then spring upwards again and maybe next settle is in the 10's.  Then a few start/stops, then I think we hit the $1Billion mark sometime in April.

And yes, I am still predicting/pumping an awareness of XRP/Ripple.  I am just saying to watch it.   It's just a gut thing that we're going to hear some news within the next 2 months.  I think everyone should start putting a little profit into XRP/Ripple.  Not so much that I think it will go ballistic immediately, but it is always to get used to a coin, before you dump a lot in.  That is how I started with Ethereum (which I WILL be keeping).

Just saying.
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March 04, 2016, 01:52:32 AM
 #17

Think of this, Ethereum already has over 25% of the nodes that Bitcoin has.  And everyone says that the main number 1 reason that Bitcoin is so valuable is because of it's network effect is so huge.

Well, if network effect is the most important thing in crypto than technically ETH should be valued at 25% of BTC market cap.

That would make price roughly $21.00/ETH.

In that case I would argue that ETH is still grossly undervalued.  And Ethereum network effect is growing faster every day...

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keepdoing
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March 04, 2016, 01:57:23 AM
 #18

Think of this, Ethereum already has over 25% of the nodes that Bitcoin has.  And everyone says that the main number 1 reason that Bitcoin is so valuable is because of it's network effect is so huge.

Well, if network effect is the most important thing in crypto than technically ETH should be valued at 25% of BTC market cap.

That would make price roughly $21.00/ETH.

In that case I would argue that ETH is still grossly undervalued.  And Ethereum network effect is growing faster every day...
Thats a wierd metric.  Ethereum is valued at what Ethereum is valued at.  It may be higher tomorrow morning, and it may be lower tomorrow morning.  But I feel pretty certain that in 2 weeks it will be higher than it is today.  But it is going to follow a path up.  It may be a steep path, but it will have starts and stops.

But just as fast as it has become the darling coin, another could take the lead.  That is why it is best to have a diversity of coins.  For example.... I hear there could be Lightening News coming soon.  That will slow Eth and put Bitcoin back in focus.

But regardless, the overall trend WILL continue to be up.  So HODLing is a steady safe path up.
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March 04, 2016, 02:33:01 AM
 #19

Think of this, Ethereum already has over 25% of the nodes that Bitcoin has.  And everyone says that the main number 1 reason that Bitcoin is so valuable is because of it's network effect is so huge.

Well, if network effect is the most important thing in crypto than technically ETH should be valued at 25% of BTC market cap.

That would make price roughly $21.00/ETH.

In that case I would argue that ETH is still grossly undervalued.  And Ethereum network effect is growing faster every day...

Wrong ethereum is already at 60% of bitcoins nodes

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March 04, 2016, 02:48:41 AM
 #20

How much will this bubble continue to grow?
It has now more than 10% of bitcoin market cap. Only Ripple reached that level for a long time, and maybe Ltc for a shorter time.
Will ethereum match btc market cap? It has a lot of potential and bitcoin doesn't work as good as it used to because of the scalability problem.

So this means that eth can possibly beat bitcoin in long term run? I guess bitcoin was already popular now a days and there are more bitcoin users already, eth can possibly go up but I still not see any future from it I was watching it back then when started to introduce it went up and down quickly and it is just maybe the whale who's doing it, so congrats if you do work with the flows. good luck.

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