We missed the ETH train.

[.cryptic.]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

I think ETH will go down further if BTC continue its rally.

[sandiman]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

let's see if this prediction works out, I hope it will 

Any time frame ? because right now altcoin scene is a proper blood bath.

[TPTB_need_war]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

let's see if this prediction works out, I hope it will 

Any time frame ? because right now altcoin scene is a proper blood bath.

ETH appears to be basing while BTC is rising. Once the BTC rally fizzles at $500ish:

https://bitcointalk.org/index.php?topic=1413819.msg14681667#msg14681667

[sandiman]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

let's see if this prediction works out, I hope it will  

Any time frame ? because right now altcoin scene is a proper blood bath.

ETH appears to be basing while BTC is rising. Once the BTC rally fizzles at $500ish:

https://bitcointalk.org/index.php?topic=1413819.msg14681667#msg14681667

Yes, I may agree with you on that. It is plausible that some profits made from btc rise could jump into ETH as it is generally the case in the global altcoin scene. Nonetheless, hard to speculate where btc will stop. Many tried until now and got burned. Non saying that we are raising on kind of a low volume, so what if the volume suddently increase, which direction ?

EDIT: just being curious there. I won't sell my btc for a very very long time.

[darlidada]

@TPTB: I have a theory regarding ETH. We all thought wallstreets would wake up to BTC at some point and they would end up buying it from us. We all thought we were front running them. What if Wallstreet has another strategy ? they back coins such as ETH, and use their enormous positions to pump the price to agitate greed inside us so we give them our rare btcs for their unlimited eth ?

[TPTB_need_war]

@TPTB: I have a theory regarding ETH. We all thought wallstreets would wake up to BTC at some point and they would end up buying it from us. We all thought we were front running them. What if Wallstreet has another strategy ? they back coins such as ETH, and use their enormous positions to pump the price to agitate greed inside us so we give them our rare btcs for their unlimited eth ?

Excellent! Yeah the game theory is complex.

[Nxtblg]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

I've been scooping up a little and putting them out on Polo's Lending market. For the most part, the rates are pretty good.

[Nxtblg]

@TPTB: I have a theory regarding ETH. We all thought wallstreets would wake up to BTC at some point and they would end up buying it from us. We all thought we were front running them. What if Wallstreet has another strategy ? they back coins such as ETH, and use their enormous positions to pump the price to agitate greed inside us so we give them our rare btcs for their unlimited eth ?

Excellent! Yeah the game theory is complex.

I have a simpler theory. Ethereum giving their forum the heave-ho was a signal that they're going after outright start-ups & flogging Ethereum as a platform for them. In other words, they're hoping to form alliances with firms like Augur instead of building & maintaining the grassroots. They're also working the mainstream business press and getting some attention there. Their goal seems to be for ETH to become synonymous with "blockchain."

Earlier today, I found an article on the Cisco Network which depicts a Brooklyn start-up that aims to create a decentralized alternate grid for solar-power generators, who as of now are obliged to shut down their solar thingies when the grid goes down - as it did after Hurricane Sandy - because otherwise the still-up parts of the grid would be juiced & dangerous to the emergency repairfolks trying to restore it. Their startup in question is called LO3 Energy and it plans to use Ethereum now that it's struck an alliance with Consensus Systems and come up with a thingie called the Transactive Grid.

Here's the write-up: https://newsroom.cisco.com/feature-content?type=webcontent&articleId=1756804

Would you say that "blockchain" becoming a buzzword presents a new game-theoretic challenge? When ya think about it, the word "blockchain" is both abstract and agnostic as to the associated cryptocurrency. If Ethereum succeeds in its hustle-the-startups plan, the financial press will fall into the habit of treating Ethereum as a metonymy for "blockchain." If they succeed, that is. 

[mybitcoin101]

Vitalikhisnutz sold his shares because eth is a joke along with Augur and all you pimple faced kids

[0day]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

I think ETH will go down further if BTC continue its rally.

yeah, I am also of the view that with the rise of bitcoin price, ethereum will go more down so te train is not missed and coming back to the station, I will wait for the price to come down and after that I will try to buy some coins as I think the price within a few months will come back to $1.

[Lutzow]

I guess the train moving backwards until the halving so people still have another chance in getting on the train.

[sandiman]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

I've been scooping up a little and putting them out on Polo's Lending market. For the most part, the rates are pretty good.

I have got some ETH that I could lend but I personnaly don't find the rates interesting against the risk of lending. For the moment, lending around 200 days would only get you around 2%... So why are you lending ??

[iv4n]

I guess the train moving backwards until the halving so people still have another chance in getting on the train.

You really think that eth can make it? One more train like previous one is hard to happen if you ask me, with dev selling his coins and some of team members i doubt they will have enough strength to make it one more time.

Yes its going down, but I don't see any reason that to change. News I hear in last few days are just bad, nothing good. Maybe we need to abandon this sinking ship. I have some coins and I keep them but each day that is more and more risky thing to do.

Today I heard nice news about dash, maybe I need to sell eth and buy dash. Its look very promising.

[sadasa]

Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

So we should buy now, when the price reaches $15, we will sell. That is quite easy profit to make for us.

[ProfessionalGoogler]

I guess the train moving backwards until the halving so people still have another chance in getting on the train.

You really think that eth can make it? One more train like previous one is hard to happen if you ask me, with dev selling his coins and some of team members i doubt they will have enough strength to make it one more time.

Yes its going down, but I don't see any reason that to change. News I hear in last few days are just bad, nothing good. Maybe we need to abandon this sinking ship. I have some coins and I keep them but each day that is more and more risky thing to do.

Today I heard nice news about dash, maybe I need to sell eth and buy dash. Its look very promising.

Getting tired of this false HYPE over them selling coins - this was announced way before it happened then all of a sudden people are acting like it is new news and a big deal. 

Either way even Eth is still doing great.

[sandiman]

I guess the train moving backwards until the halving so people still have another chance in getting on the train.

You really think that eth can make it? One more train like previous one is hard to happen if you ask me, with dev selling his coins and some of team members i doubt they will have enough strength to make it one more time.

Yes its going down, but I don't see any reason that to change. News I hear in last few days are just bad, nothing good. Maybe we need to abandon this sinking ship. I have some coins and I keep them but each day that is more and more risky thing to do.

Today I heard nice news about dash, maybe I need to sell eth and buy dash. Its look very promising.

Getting tired of this false HYPE over them selling coins - this was announced way before it happened then all of a sudden people are acting like it is new news and a big deal. 

Either way even Eth is still doing great.

I totally agree with you, when you have such a big rise of 1000%, it seems obvious that the correction will be consequent. But maybe such a huge correction can impact negatively the price and hype of eth.

[Murtiya]

I guess the train moving backwards until the halving so people still have another chance in getting on the train.

You really think that eth can make it? One more train like previous one is hard to happen if you ask me, with dev selling his coins and some of team members i doubt they will have enough strength to make it one more time.

Yes its going down, but I don't see any reason that to change. News I hear in last few days are just bad, nothing good. Maybe we need to abandon this sinking ship. I have some coins and I keep them but each day that is more and more risky thing to do.

Today I heard nice news about dash, maybe I need to sell eth and buy dash. Its look very promising.

Getting tired of this false HYPE over them selling coins - this was announced way before it happened then all of a sudden people are acting like it is new news and a big deal. 



Either way even Eth is still doing great.

I totally agree with you, when you have such a big rise of 1000%, it seems obvious that the correction will be consequent. But maybe such a huge correction can impact negatively the price and hype of eth.

The price just droppped 50% against Bitcoin. So there might be a possibility that the price will drop further.

[Nxtblg]

I have got some ETH that I could lend but I personnaly don't find the rates interesting against the risk of lending. For the moment, lending around 200 days would only get you around 2%... So why are you lending ??

It looks like you've used a simple-interest calculation. Try this algo:

Annual Rate = (1 + daily rate)^365 - 1
Eg: Annual Rate = (1.0002)^365 - 1 = 1.0757- 1 = 7.57%.

So...if you can snag 0.02% per day, day after day, you'd make 7.57% over a year.

https://en.wikipedia.org/wiki/Compound_interest

[virasisog]

I have got some ETH that I could lend but I personnaly don't find the rates interesting against the risk of lending. For the moment, lending around 200 days would only get you around 2%... So why are you lending ??

It looks like you've used a simple-interest calculation. Try this algo:

Annual Rate = (1 + daily rate)^365 - 1
Eg: Annual Rate = (1.0002)^365 - 1 = 1.0757- 1 = 7.57%.

So...if you can snag 0.02% per day, day after day, you'd make 7.57% over a year.

https://en.wikipedia.org/wiki/Compound_interest

I think we can only count few than 365 days a year. We will not be able to lend our money out every day.

[jjacob]

I guess the train moving backwards until the halving so people still have another chance in getting on the train.

You really think that eth can make it? One more train like previous one is hard to happen if you ask me, with dev selling his coins and some of team members i doubt they will have enough strength to make it one more time.

Yes its going down, but I don't see any reason that to change. News I hear in last few days are just bad, nothing good. Maybe we need to abandon this sinking ship. I have some coins and I keep them but each day that is more and more risky thing to do.

Today I heard nice news about dash, maybe I need to sell eth and buy dash. Its look very promising.

Getting tired of this false HYPE over them selling coins - this was announced way before it happened then all of a sudden people are acting like it is new news and a big deal. 

Either way even Eth is still doing great.

I totally agree with you, when you have such a big rise of 1000%, it seems obvious that the correction will be consequent. But maybe such a huge correction can impact negatively the price and hype of eth.

Huge correction? We are still over $7!
That is 7x what we were a few months back. People seem to forget that.