ETH is breaking out again!

[tokeweed]

This time for the longer term.  If it could hold current gains, we could be in for a wild ride.  Recently started getting in again.

Let's get to 2B market cap ladies and gents!  Good luck.

[The Sceptical Chymist]

Yeah I definitely noticed this too.  And I own zero eth.  Way too risky of an asset for me.  Call me stupid, but I'm staying in the stock market.

[ProfessionalGoogler]

[noobtrader]

This time for the longer term.  If it could hold current gains, we could be in for a wild ride.  Recently started getting in again.

Let's get to 2B market cap ladies and gents!  Good luck.

why only 2B   lets reach parity with bitcoin,...  7B  Yess !!!   

[Gohs]

Yeah I definitely noticed this too.  And I own zero eth.  Way too risky of an asset for me.  Call me stupid, but I'm staying in the stock market.

Buying a little etherum for toying around with won't hurt. Forex seems more risky nowadays...

[npredtorch]

From 0.022 jumped from 0.0283 btc! wow! what happened to eth? Did someone bought huge amount of eth yesterday? I thought eth price will move downward. Sounds good for those who have Eth. Good luck!

[r0ach]

The DAO was designed from the ground up as a scheme to pump Eth.  As soon as the DAO holders can sell those $100 million in locked up Eth, the thing is going to crater:

Things like this are kinda funny:

Perhaps even more interesting with The DAO, once you vote for something you are no longer allowed to split your ETH out and form a new DAO. This means that you have much to lose by voting and much to gain by not voting

After reading that through, it looks like the entire system was designed as a way to give the appearance of a risk free chance at profit, with the goal of the issuers just being to pump Eth in the short term (likely so the Eth devs can just dump and cash out like Vitalik was doing).  Even if one of these ventures did become profitable, the payoff would be delayed until like 2020.  If you just held BTC until 2020, you could have a god knows how big of fortune instead of some measily "slock.it" smart meter or whatever the hell gains.

It's clear this whole thing was just a pump scheme with the goal of inflating Eth market cap.  Attempt to lock up $100 million in the short term with the possibility of locking people in longer if they do something stupid like vote.  What was the date DAO people can start selling again?  May 28th or something?  I have a feeling Eth shorts are going to do well that day.

[tokeweed]

Here comes Roach the whining little bitch again.  Haha!

[tokeweed]

Oh and the exchanges will list DAO/BTC for sure, making BTC go down and ETH stays the same fiat-wise.   Yeeesss..  The Vitalik planned it quite well...   Yeeesssss...

[mightyghz]

The DAO was designed from the ground up as a scheme to pump Eth.  As soon as the DAO holders can sell those $100 million in locked up Eth, the thing is going to crater:

Things like this are kinda funny:

Perhaps even more interesting with The DAO, once you vote for something you are no longer allowed to split your ETH out and form a new DAO. This means that you have much to lose by voting and much to gain by not voting

After reading that through, it looks like the entire system was designed as a way to give the appearance of a risk free chance at profit, with the goal of the issuers just being to pump Eth in the short term (likely so the Eth devs can just dump and cash out like Vitalik was doing).  Even if one of these ventures did become profitable, the payoff would be delayed until like 2020.  If you just held BTC until 2020, you could have a god knows how big of fortune instead of some measily "slock.it" smart meter or whatever the hell gains.

It's clear this whole thing was just a pump scheme with the goal of inflating Eth market cap.  Attempt to lock up $100 million in the short term with the possibility of locking people in longer if they do something stupid like vote.  What was the date DAO people can start selling again?  May 28th or something?  I have a feeling Eth shorts are going to do well that day.

$ 100 million in the ether rate is not $ 100 million.
Because investment earned, when these ether withdraw in $ or BTC.
The first 1,000 ether (relatively) you sell at $12
Another 1,000 ether - for $11... then 10, 9 and so on to zero.

[stoat]

Yeah I definitely noticed this too.  And I own zero eth.  Way too risky of an asset for me.  Call me stupid, but I'm staying in the stock market.

You're stupid

[NUFCrichard]

It looks like the exchange into DAO will end on the 28th.  Then people can start trading/burning them back into Ether for profit and can sell their Ether.
Until then they can't be sold, so the price should stay high.  My plan is to wait until mid next week and sell my Ether then, before people start anticipating the end of the exchange.

I might miss the top (It'll be interesting to see how high it goes near the deadline) but I think it is the best strategy for me.

[r0ach]

Other people in the BTC speculation forum besides me seemed to have figured out this is going to cause a gigantic Eth crash:

https://bitcointalk.org/index.php?topic=178336.msg14883912#msg14883912

[tokeweed]

^ Don't listen to that Roach guy.  He's just a sore whining BTS supporter, who sold his stake at a loss.  Not to mention blindly following the Larimers and giving them away his BTS for the sake of Bitshares.   Where is Bitshares headed now?  Bitshares has stagnated while Ethereum is flourishing.  And now comes in here and whines and bitches and tells people to stay away from Ethereum?  He should have stayed away from Bitshares and the Larimers.  Instead we see a guy who sucks at trading whining like a little girl.  Haha.

[Pursuer]

ethereum is surely an interesting ride with all the rise and falls it makes ETH the dream coin for all the altcoin traders, just like me. I don't care where the rise comes from or why it is rising I only care about the rise and the fact that I could catch it at the bottom. and from now on I will only look for the top to sell just like the many times before

[tokeweed]

It just hit 13.00!  Cross your fingers for a big trend.

[Minecache]

It just hit 13.00!  Cross your fingers for a big trend.

Do you think we will see 20.00 by year end?

[tokeweed]

It just hit 13.00!  Cross your fingers for a big trend.

Do you think we will see 20.00 by year end?

I don't make predictions.  I don't believe in it.  That said, hopefully more than 20.00!

[x13]

Oh man, I actually waited for ETH to reach $5 to stake up and to get in the Eth boat again. But it seems now the bear market stopped at around $7.20. Are there any reasons, why Ether is pumping so strong again? Can not really find an appropriate reason, except the DAOHub ICO, what could not be the only reason in my opinion.

[tokeweed]

Oh man, I actually waited for ETH to reach $5 to stake up and to get in the Eth boad again. But it seems now the bear market stopped at around $7.20. Are there any reasons, why Ether is pumping so strong again? Can not really find an appropriate reason, except the DAOHub ICO, what could not be the only reason in my opinion.

Do you really need a good reason to trade the momentum and the trend?  All you need to do is manage your bankroll, know how much to buy, when to buy, and then when to sell.  That's it.