Ether price?

[NUFCrichard]

The DAO price is absolutely mental!  It makes you wonder how the price of Ether is so low, when a single project of Ether is worth $120mil+
I can see Eth going back up to 0.03 at this rate, there has been a big bump today already, it is on it's way!

The price a few weeks ago of 0.016 is starting to look like it was a great opportunity.

[Soul_eater_123]

The DAO price is absolutely mental!  It makes you wonder how the price of Ether is so low, when a single project of Ether is worth $120mil+
I can see Eth going back up to 0.03 at this rate, there has been a big bump today already, it is on it's way!

The price a few weeks ago of 0.016 is starting to look like it was a great opportunity.

This is only the first of many ETHER based projects and crowdsales this year.  Imagine the potential when there are tens if not hundreds or more DAO like uses of ether.

[x13]

Interesting! Is there a list of planned and upcoming projects which will based on Ethereum like Doahub?
Considered to increase my stake for DAO, but when there more projects coming, then i will save my Ether and Bitcoins for these projects in order to spread the investments.

The DAO price is absolutely mental!  It makes you wonder how the price of Ether is so low, when a single project of Ether is worth $120mil+
I can see Eth going back up to 0.03 at this rate, there has been a big bump today already, it is on it's way!

The price a few weeks ago of 0.016 is starting to look like it was a great opportunity.

This is only the first of many ETHER based projects and crowdsales this year.  Imagine the potential when there are tens if not hundreds or more DAO like uses of ether.

[Nxtblg]

So much press

Yeah, and from outlets that reach some pretty damn good demographics. Media outlets like the Wall Street Journal, CNBC, Fortune and The Economist successfully target the "aspirational 17%" who are sure they're going to join the 1% someday. THat's why their ads give the misleading impression that they're read only by the 1%.

[smho_16]

Apparently an exchange lost about 185.000 Ether plus 250 BTC with a total loss of 2mln USD dollar. Be ready for the big dump now and we should see a fall in price of ethereum. I think the website hacked is gatecoin.

[Soul_eater_123]

Interesting! Is there a list of planned and upcoming projects which will based on Ethereum like Doahub?
Considered to increase my stake for DAO, but when there more projects coming, then i will save my Ether and Bitcoins for these projects in order to spread the investments.

I think even if you put all your ether into the DAO you will have enough time before these projects launch to sell some DAO tokens (hopefully at a profit though obviously not guaranteed) and use the profits to invest. 

I am also not sure if the crowdfunds will be directly in ether, bitcoin or both. 

I just know that the projects I am thinking of such as Etherex will be based on the Ethereum blockchain. 

Also there is some discussion that the DAO may even fund EtherX directly : https://forum.daohub.org/t/killer-suggestion-for-a-proposal/2116

From what I remember most of these projects do not have definite launch dates yet- you are best off looking on ethereum discussion boards and ethereum reddit to find out more.  Also some of them are (or at least were) listed on icocountdown: http://www.icocountdown.com

[Soul_eater_123]

Apparently an exchange lost about 185.000 Ether plus 250 BTC with a total loss of 2mln USD dollar. Be ready for the big dump now and we should see a fall in price of ethereum. I think the website hacked is gatecoin.

That's old news and dump may already have happened.

[smho_16]

Apparently an exchange lost about 185.000 Ether plus 250 BTC with a total loss of 2mln USD dollar. Be ready for the big dump now and we should see a fall in price of ethereum. I think the website hacked is gatecoin.

That's old news and dump may already have happened.

Maybe but I don't see any dump yet, as the price of ether is still at almost 0.025 BTC , if the dump would have already started then I expect the price to be down the 0.02 area. But maybe nothing happens for the moment.

[Soul_eater_123]

Maybe but I don't see any dump yet, as the price of ether is still at almost 0.025 BTC , if the dump would have already started then I expect the price to be down the 0.02 area. But maybe nothing happens for the moment.

You haven't been paying attention then.  There was a big dump just around the time the news broke and it continued until this morning when the price started to recover.  I'm not saying it's happened but you're just spreading pointless FUD for now particularly given that the amount of ether stolen is a drop in the ocean compared to the amount in the DAO.  If ether is going to dump it will do so for other reasons the coins from the theft will be a temporary blip.

[Sark]

The price dumped on the Gatecoin news on Friday a bit. Thats kind of old news.

I suspect that the hackers took the Gatecoin proceeds and invested them into the DAO  

Recent price spike seems attributable to the OKCoin rumors though. Seems like they rolled out some new code in preparation of the launch and you can see it say "ETHBalance"

https://www.okcoin.com/market.do?symbol=2

symbol=1 is LTC, symbol=0 is BTC.

[Minecache]

Apparently an exchange lost about 185.000 Ether plus 250 BTC with a total loss of 2mln USD dollar. Be ready for the big dump now and we should see a fall in price of ethereum. I think the website hacked is gatecoin.

That's old news and dump may already have happened.

Maybe but I don't see any dump yet, as the price of ether is still at almost 0.025 BTC , if the dump would have already started then I expect the price to be down the 0.02 area. But maybe nothing happens for the moment.

this is old news. Stop spreading lies and FUD.

[npredtorch]

Apparently an exchange lost about 185.000 Ether plus 250 BTC with a total loss of 2mln USD dollar. Be ready for the big dump now and we should see a fall in price of ethereum. I think the website hacked is gatecoin.

That's old news and dump may already have happened.

Maybe but I don't see any dump yet, as the price of ether is still at almost 0.025 BTC , if the dump would have already started then I expect the price to be down the 0.02 area. But maybe nothing happens for the moment.

this is old news. Stop spreading lies and FUD.

Is it categorize as old if it happened just 2 days ago? Check out gatecoin site, https://gatecoin.com/ it is stated that they lost 185,000 eth. Maybe they/people still have their eth and haven't exchange to anything, that's why no price change as of this moment? . I hope that's the exact number of stolen eth, what if not? 

[Nxtblg]

this is old news. Stop spreading lies and FUD.

Is it categorize as old if it happened just 2 days ago?

Around here, it is...

ETH now > $11.50. The short sellers got scared off when it broke above 0.025BTC

[Soul_eater_123]

An article about the DAO in the financial Times: Automated company raises equivalent of $120m in digital currency

http://www.ft.com/cms/s/0/600e137a-1ba6-11e6-b286-cddde55ca122.html

[shanem]

The price of ether went up because there is a lack of supply due to DAO. Many of the ETH were bought and exchanged for DAO. I think it is a good time to short ETH now as most of the demand for DAO were already bought. Many of the shorts have already covered so there will be little buyers which will make it difficult to sustain this high price.

[Dum3]

Good misleading on the people fucking idiot....


Good portion of ETH is locked yes,but there are still 13 days for buyers to get DAO so don't expect this fundraising to be over yet,the avalanche is yet to come,during DAO final days price should be over 20$ with ease due to lower supply available and the first undecided buyers....

[mandica]

The price of Ethereum is around 0.028 now. So there could be a short squeeze for the people who sold Ethereum.

[Nxtblg]

So there could be a short squeeze for the people who sold Ethereum.

Could be. I loaned out some ETH last night 'cause the daily interest rates were so high - but this morning, most of the loans were closed by the short sellers who borrowed them.

[Haswell]

I think that the Ether will remain stable.

[Soul_eater_123]

Bloomberg Article here: Blockchain Company Wants to Reinvent Companies :

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies