BellaBitBit
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July 05, 2016, 04:44:34 PM |
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Stagnation and investor fatique? who knows. It will go back up like it always does. ETH is not going anywhere.
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I love Bitcoin
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g-unit
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July 05, 2016, 05:29:50 PM |
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I'm going to be completely honest right now; there is a small, small chance that Ethereum will be able to recover from the hack. The community that exists right now is more or less going to be the community it will have for the rest of its lifespan, and that's because those who are still here are the ones that have confidence in it after all the events over the past two months.
I am not trying to spread FUD, but when a crypto gets hacked at the network level, where control is basically lost, it typically collapses due to people leaving and the loss of trust completely. If you can name a crypto that has recovered from a hack that was as in-depth as this one and managed to walk out relatively unscathed, I'd like to read about it.
This. I was torn about buying ether and leaning toward doing it before this hack. This hack has easily made up my mind. Never going to buy something like this unless it drops to less than $1.
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Loco Motive
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July 05, 2016, 06:16:55 PM |
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As etherium is decreasing, so can we have a reason behind that and what are the future expectations.
.. why it held at ~$12 until today. in my opinion, manipulation. eth price dumped hard to 0.014 in one day(hack day) and a few days later had almost a 100% recover. to me, that's was a fake pump to whales get out eth. now it can die in peace. I think this is the correct interpretation, the recovery was unbelievable and pretty clearly heavy manipulation.
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BitcoinNewsMagazine
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July 05, 2016, 07:25:16 PM |
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Hard fork for Ethereum is probable, and most likely will happen by next weekend. A lot of Ether will be released back to owners. What do you think they will do with it? Sizeable number will use to buy bitcoin, so look for a bitcoin price increase along with Ether sell off. When you see a sell off in Ether with heavy volume time to buy cheap Ether. Ether price could get as low as $5 with heavy selling. There is resistance at $7 so you should consider buying to hold long term starting at $7 and buying more on way down. Or you could just wait until the charts show a bottom is in place before buying. Any way looks like good chance for Ether fire sale next weekend. Right now Ether and Bitcoin are inversely correlated.
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Rastanan
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July 05, 2016, 07:39:05 PM |
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Hard fork for Ethereum is probable, and most likely will happen by next weekend. A lot of Ether will be released back to owners. What do you think they will do with it? Sizeable number will use to buy bitcoin, so look for a bitcoin price increase along with Ether sell off. When you see a sell off in Ether with heavy volume time to buy cheap Ether. Ether price could get as low as $5 with heavy selling. There is resistance at $7 so you should consider buying to hold long term starting at $7 and buying more on way down. Or you could just wait until the charts show a bottom is in place before buying. Any way looks like good chance for Ether fire sale next weekend. Right now Ether and Bitcoin are inversely correlated.
Will the hard fork return the coins so quickly. Will there be a soft fork first to freeze the DAO Ethereum first?
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vincentvincent
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July 05, 2016, 08:17:56 PM |
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Isn't the price going down because in a couple of weeks massive amounts of eth are released out of the DAO?
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worldtreasurefinders
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July 05, 2016, 08:25:18 PM |
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Hard fork for Ethereum is probable, and most likely will happen by next weekend. A lot of Ether will be released back to owners. What do you think they will do with it? Sizeable number will use to buy bitcoin, so look for a bitcoin price increase along with Ether sell off. When you see a sell off in Ether with heavy volume time to buy cheap Ether. Ether price could get as low as $5 with heavy selling. There is resistance at $7 so you should consider buying to hold long term starting at $7 and buying more on way down. Or you could just wait until the charts show a bottom is in place before buying. Any way looks like good chance for Ether fire sale next weekend. Right now Ether and Bitcoin are inversely correlated.
Any "investor" that gets their ETH back as a result of this hard fork would be stupid to do anything but sell it immediately. ETH will collapse soon after the fork is realized. I bought in to ETH at sub $2 price, so to me I could easily see $2 or lower ETH after this.
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Architect, Anarchist, Numismatist, Crypto-Enthusiast.
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fartbags
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July 05, 2016, 09:16:45 PM |
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As etherium is decreasing, so can we have a reason behind that and what are the future expectations.
Because it is made by a boy...
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fartbags
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July 05, 2016, 09:17:37 PM |
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Hard fork for Ethereum is probable, and most likely will happen by next weekend. A lot of Ether will be released back to owners. What do you think they will do with it? Sizeable number will use to buy bitcoin, so look for a bitcoin price increase along with Ether sell off. When you see a sell off in Ether with heavy volume time to buy cheap Ether. Ether price could get as low as $5 with heavy selling. There is resistance at $7 so you should consider buying to hold long term starting at $7 and buying more on way down. Or you could just wait until the charts show a bottom is in place before buying. Any way looks like good chance for Ether fire sale next weekend. Right now Ether and Bitcoin are inversely correlated.
Any "investor" that gets their ETH back as a result of this hard fork would be stupid to do anything but sell it immediately. ETH will collapse soon after the fork is realized. I bought in to ETH at sub $2 price, so to me I could easily see $2 or lower ETH after this. Yes, price is going to crash hard. $2 a coin seems realistic.
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owm123
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July 05, 2016, 09:38:39 PM |
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As etherium is decreasing, so can we have a reason behind that and what are the future expectations.
DOA hack, eth hard fork proposed, conflic of intrets of eth devs, comuniti divided, ... Do you really need more reasons?
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sakinaka
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Decentralised Amazon & ICO Hub
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July 05, 2016, 09:40:42 PM |
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I'll clear all the FUD : Ethereum wasn't hacked at all. That was just The DAO. There is not consequence on Ethereum at all. Then, to reply to OP, that's quite simple : the halving. That's what's draining all the altcoins for more than a month.
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owm123
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July 05, 2016, 09:53:55 PM |
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I'll clear all the FUD : Ethereum wasn't hacked at all. That was just The DAO. There is not consequence on Ethereum at all.[/b] Then, to reply to OP, that's quite simple : the halving. That's what's draining all the altcoins for more than a month.
So why they want SF, HF if Ethereum was not affected?
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worldtreasurefinders
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July 05, 2016, 10:50:06 PM |
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I'll clear all the FUD : Ethereum wasn't hacked at all. That was just The DAO. There is not consequence on Ethereum at all. Then, to reply to OP, that's quite simple : the halving. That's what's draining all the altcoins for more than a month.
In markets, perception matters more than reality. ETH is perceived as vulnerable and uncertain, and confidence is low, so people sell and the price trends down.
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Architect, Anarchist, Numismatist, Crypto-Enthusiast.
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smooth
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July 05, 2016, 11:14:42 PM |
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I'll clear all the FUD : Ethereum wasn't hacked at all. That was just The DAO. There is not consequence on Ethereum at all.
It was socially engineered to hack itself.
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hermanhs09
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July 05, 2016, 11:50:17 PM |
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As etherium is decreasing, so can we have a reason behind that and what are the future expectations.
I've been talking about it with some friends and people i dont know too and most of them said the same,because of the DAO hack. I feel the same,that is why im trying to earn on Poloniex with shorting it but well... i dont like ETH anymore i think... i have enough of this altcoin,simple is that.
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Alley
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July 06, 2016, 12:33:57 AM |
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I didn't realize there was a actual hack. I thought it was just poor coding in the dao.
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Beachguy
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July 06, 2016, 12:55:04 AM |
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Here's my take on it.....the first and pretty much first "big Thing" for Eth and it was hacked and all this crap is still in the fan. So what exactly is Eth good for? It more complicated than most crypto, it's lost a shitload of money. So tell us what you can do with it?
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BlindMayorBitcorn
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July 06, 2016, 01:04:39 AM |
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Here's my take on it.....the first and pretty much first "big Thing" for Eth and it was hacked and all this crap is still in the fan. So what exactly is Eth good for? It more complicated than most crypto, it's lost a shitload of money. So tell us what you can do with it?
Basically this? https://www.reddit.com/r/ethereum/comments/4rc2un/please_rob_my_smart_contract/
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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European Central Bank
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July 06, 2016, 01:05:00 AM |
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I didn't realize there was a actual hack. I thought it was just poor coding in the dao.
by the sounds of it that's exactly what it is. and i don't think it was even poor coding. the dao worked correctly, they didn't foresee the angle the 'hacker' used.
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