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Author Topic: Ethereum Value Drops as Bitcoin Price Goes Past $670  (Read 1298 times)
Curious8 (OP)
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July 01, 2016, 01:00:01 PM
 #1

http://bitcointopics.xyz/content/ethereum-value-drops-bitcoin-price-goes-past-670
helloeverybody
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July 01, 2016, 01:02:16 PM
 #2


This was bout to  happen since ethereum  went tits up.   Even without bitcoin price rising eethereum is on a losinh  strea.   I'm surprised it lasted as long as it did.  This should really be posted in altcoin  though due to  being unrelated to bitcoin. 

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July 01, 2016, 01:05:52 PM
 #3

It is just fluctuating price of ethereum and bitcoin, sometime in down and sometime in ups. It is normal and my opinion it is time to buy ethereum.
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July 01, 2016, 01:16:55 PM
 #4

I am surprised from what I have read that ETH and the DAO have not taken a harder impact from the hack or vulnerability found in the contract.

This is going off what I read in the news. I have little technical knowledge of it myself  Roll Eyes

 
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BeadUsher
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July 01, 2016, 01:28:15 PM
 #5


Etherium and Bitcoin? ETH is just crazy (though it did make its holders ten times richer this year), BTC is getting a bit long in the tooth & can't scale.
Don't understand why people would sit on either, when there are coins like http://coinmarketcap.com/currencies/nem/
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July 01, 2016, 04:10:32 PM
 #6

Does anybody know the soft fork will go on? I saw the 1.4.9 release. But I dont understand it at all.
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July 02, 2016, 07:52:48 PM
 #7

It's a good time to buy eth as it seems it may go back up in a few days. About a few weeks ago, this also happened and I had quite a good profits from this.

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Rustin
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July 18, 2016, 10:12:22 AM
 #8

It's a good time to buy eth as it seems it may go back up in a few days. About a few weeks ago, this also happened and I had quite a good profits from this.

Hard for is just two days away. I think we shall wait for several days to see the effects of hard fork before buying.
ashkanb
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July 18, 2016, 10:29:48 AM
 #9

It's a good time to buy eth as it seems it may go back up in a few days. About a few weeks ago, this also happened and I had quite a good profits from this.

don't hold your breath for it!
with the hardfork incoming there's no telling what's going to happen to the price!
imo there's gonna be an initial massive dump to sub $7 levels!
the fact that, after the dao hack, eth never closed 24h period below $10 on Polo still beguiles me tho!!!
i've never traded eth, been mining & such; for everyone into trading it; stay vigilant; opportunity incoming, imo!

@op eth broke btc price ties way back during dao ico!
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July 18, 2016, 10:43:01 AM
 #10

If 70% of the miners support the longest fork, and the main chain is established properly, the price will jump.
miayama
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July 18, 2016, 10:50:03 AM
 #11

If 70% of the miners support the longest fork, and the main chain is established properly, the price will jump.

We shall know the results of the hard fork in a few days. If the price drops a lot, the miners will lose a lot of money.
Rustin
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July 28, 2016, 07:59:19 AM
 #12

If 70% of the miners support the longest fork, and the main chain is established properly, the price will jump.

We shall know the results of the hard fork in a few days. If the price drops a lot, the miners will lose a lot of money.

We already know the results of the hard fork. There are two version of the Ethereum now, the ETH and ETC.
miayama
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July 28, 2016, 07:24:36 PM
 #13

If 70% of the miners support the longest fork, and the main chain is established properly, the price will jump.

We shall know the results of the hard fork in a few days. If the price drops a lot, the miners will lose a lot of money.

We already know the results of the hard fork. There are two version of the Ethereum now, the ETH and ETC.

There are two versions of the Ethereum competing with each other, one of them might die within a month.
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July 28, 2016, 09:48:23 PM
 #14

If 70% of the miners support the longest fork, and the main chain is established properly, the price will jump.

We shall know the results of the hard fork in a few days. If the price drops a lot, the miners will lose a lot of money.

We already know the results of the hard fork. There are two version of the Ethereum now, the ETH and ETC.

There are two versions of the Ethereum competing with each other, one of them might die within a month.
If you hold ETC I would sell immediately.

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Goms
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July 28, 2016, 09:59:41 PM
 #15

What if ETC does not die in a month, what if it just keeps tagging along stubbornly?
miayama
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July 31, 2016, 05:21:26 PM
 #16

What if ETC does not die in a month, what if it just keeps tagging along stubbornly?

As long as the big whales own the ETC and keep the price high, it will survive and miners will mine it.
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August 10, 2016, 11:39:58 AM
 #17

What if ETC does not die in a month, what if it just keeps tagging along stubbornly?

As long as the big whales own the ETC and keep the price high, it will survive and miners will mine it.

Yes. The miners will just mine the more profitable coins and sell the coins for bitcoin. They do not like the particular coin.
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August 10, 2016, 03:53:32 PM
 #18

What if ETC does not die in a month, what if it just keeps tagging along stubbornly?

As long as the big whales own the ETC and keep the price high, it will survive and miners will mine it.

Yes. The miners will just mine the more profitable coins and sell the coins for bitcoin. They do not like the particular coin.

Miners are in there for the money. I found that the mining hash of ETC is closely correlated with the ETC price.
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August 11, 2016, 10:14:26 AM
 #19

What if ETC does not die in a month, what if it just keeps tagging along stubbornly?

As long as the big whales own the ETC and keep the price high, it will survive and miners will mine it.

Yes. The miners will just mine the more profitable coins and sell the coins for bitcoin. They do not like the particular coin.

Miners are in there for the money. I found that the mining hash of ETC is closely correlated with the ETC price.

It seems the ETC hashing has reduced over the last week from 1000 GH/s to 500 GH/s now. That is similar to the price drop.
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August 27, 2016, 10:09:07 AM
 #20

What if ETC does not die in a month, what if it just keeps tagging along stubbornly?

As long as the big whales own the ETC and keep the price high, it will survive and miners will mine it.

Yes. The miners will just mine the more profitable coins and sell the coins for bitcoin. They do not like the particular coin.

Miners are in there for the money. I found that the mining hash of ETC is closely correlated with the ETC price.

It seems the ETC hashing has reduced over the last week from 1000 GH/s to 500 GH/s now. That is similar to the price drop.

The ETC hashing rate is still around 600 GH/s. The overall Ethereum hashing rate is at all time high at present.
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