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Author Topic: People re buying Eth and Dao..  (Read 560 times)
spazzdla (OP)
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June 22, 2016, 01:24:10 PM
 #1

Why do people like to be tortured so much... it's pretty odd.
XbladeX
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June 22, 2016, 01:32:24 PM
 #2

Why do people like to be tortured so much... it's pretty odd.

Have you ever heard about dead cat bounce ?


http://www.investopedia.com/terms/d/deadcatbounce.asp

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SmirkinPepe
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June 22, 2016, 01:35:15 PM
 #3

thats a pretty high bounce tho
Adriandmen
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June 22, 2016, 01:37:36 PM
 #4

The price is low. The lower the price the higher the demand.

You can see a rise in the BTC/ETH: https://cryptowat.ch/kraken/ethbtc/1h, and people want to gain profit from that.
pereira4
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June 22, 2016, 02:10:58 PM
 #5

The price is low. The lower the price the higher the demand.

You can see a rise in the BTC/ETH: https://cryptowat.ch/kraken/ethbtc/1h, and people want to gain profit from that.

The question is WHY in the fuck there is demand for a dead token? Who wants to own DAO nowadays? Or even ETH itself after the Vitalink Buterik anxiety breakdown by demanding exchanges to close ETH trading?

There can only be one reasonable explanation for this: Pure and unadulterated gambling.
shinratensei_
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June 22, 2016, 02:18:25 PM
 #6

Why do people like to be tortured so much... it's pretty odd.
We know sometimes ago just a panic selling the DAO cases effect. I think why people are buying ETH because ETH can stand alone without their development . because ETH became one of most usable cryptocurrency for now.

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Adriandmen
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June 22, 2016, 02:24:17 PM
 #7

The price is low. The lower the price the higher the demand.

You can see a rise in the BTC/ETH: https://cryptowat.ch/kraken/ethbtc/1h, and people want to gain profit from that.

The question is WHY in the fuck there is demand for a dead token? Who wants to own DAO nowadays? Or even ETH itself after the Vitalink Buterik anxiety breakdown by demanding exchanges to close ETH trading?

There can only be one reasonable explanation for this: Pure and unadulterated gambling.

The people don't care about if it's a dead token or not. If they see it rising, they'll put their money on it.

In fact, if you would have put 1 BTC yesterday on ETH, you would have had 1.3 BTC right now if you cashed out.
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June 22, 2016, 03:57:43 PM
 #8

Why do people like to be tortured so much... it's pretty odd.
Who are you to criticise people on how to invest their monies? Maybe they should ask for your approval before daring to spend their own damn hard earned cash.

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jjacob
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June 22, 2016, 04:07:52 PM
 #9

Why do people like to be tortured so much... it's pretty odd.

Have you ever heard about dead cat bounce ?


http://www.investopedia.com/terms/d/deadcatbounce.asp

This dead cat bounce seems to be sucking money out of Bitcoin.
Ether is up substantially while Bitcoin is down a few percentage points.


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Minecache
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June 22, 2016, 04:09:47 PM
 #10

Why do people like to be tortured so much... it's pretty odd.

Have you ever heard about dead cat bounce ?


http://www.investopedia.com/terms/d/deadcatbounce.asp

This dead cat bounce seems to be sucking money out of Bitcoin.
Ether is up substantially while Bitcoin is down a few percentage points.
The bitfinex hack is why BTC price is collapsing fast.

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Haruderty
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June 22, 2016, 04:10:50 PM
 #11

The DAO price is 0.7% Ethereum. It indicates the buyer believes he can get all the nonhacked DAO back. So confident.
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