Wtf eth dump?!

[Cryptotraider16]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

[1715662801]

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[shyliar]

If you look at the history of companies like R3 you get the bigger picture. Initially 11 banks did a two week test and learn trial utilizing the ethereum platform (not the public chain). This provided a reason to pump ETH (the public chain, not the platform) price via various forums and low quality news sites for months afterwards. Later on R3 did more testing with a group of 40 banks except they abandoned ethereum altogether and tested other blockchain platforms by Eris Industries, IBM, Intel and Chain. R3 has since moved on and developed their own platform. Most of these news stories involving banks represent a test for the banking community to learn about the blockchain. It is unlikely that any bank will ever be involved with the public chain ETH and it's price should never be based on  experiments with private chains.

It's important when reading news articles to determine if the content is about the ethereum platform (essentially a software package that blockchains and smart contracts can be created from) and ETH (the public chain that was created initially to fund the Ethereum platform). When paying attention to this detail most articles are not about the public chain; although, often presented in various forums as if they are.

[rapazev]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

because ETH is dead.
after all those forks, who still trust in it? only bagholders.

[Cryptotraider16]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

because ETH is dead.
after all those forks, who still trust in it? only bagholders.

Only bigholders who dont want to dump jet but when first big one start then shit may happen!

[cryptohunter]

banks let us fund and pay for eth development, then clone for free. I wouldnt like to say that the eth dev team wouldnt get some donations to help them out getting set up and for some support or training.

[Cryptotraider16]

It's just down because bitcoin is up.....

or is bitcoin up because a hundred million in Ethereum marketcap just pumped bitcoin a few more percent into the coffers of the NWE:

https://bitcointalk.org/index.php?topic=12156.3420

Who says that the old "buy and hold" is dead?

Some other alts also up with btc price up 😱😜 so this is not rision eth go down

[XbladeX]

...


Some other alts also up with btc price up 😱😜 so this is not rision eth go down

Its not like that ETHwas about 20$ now 9$.
There is more reasons that ETH went down.
Some coins keep position with rise. in FIAT $ Euro etc.

[shyliar]

banks let us fund and pay for eth development, then clone for free. I wouldnt like to say that the eth dev team wouldnt get some donations to help them out getting set up and for some support or training.

Banks are funding other opportunities. As shown in 1 million dollar increments:

R3 Fundraising Orderbook - Indication of Interest from DLG members as of 11/21/16 (Subject to Internal Approvals)

ING 3.5   
Bank of America 2.5   
Barclays    2.5   
BBVA    2.5   
Credit Suisse   2.5   
HSBC    2.5   
Intesa Sanpaolo 2.5   
Natixis 2.5   
Skandinaviska Enskilda Banken   2.5   
Société Générale    2.5   
UBS 2.5   
Wells Fargo 2.5   
Westpac Banking Corporation 2.5   
State Street    2     
Bank of Montreal (BMO Financial Group)  1     
Bank of Nova Scotia (Scotiabank)    1     
Bank of Tokyo-Mitsubishi UFJ (Mitsubishi UFJ Financial Group)   1     
BNP Paribas 1     
BNY Mellon  1     
Canadian Imperial Bank of Commerce  1     
Citigroup   1     
Commerzbank 1     
Commonwealth Bank of Australia  1     
Danske Bank 1     
Deutsche Bank   1     
Mizuho Bank 1     
Nomura  1     
Nordea  1     
Northern Trust  1     
OP Financial Group  1     
Royal Bank of Canada    1     
Royal Bank of Scotland  1     
Sumitomo Mitsui Banking Corporation 1     
Toronto-Dominion Bank   1     
UniCredit   1     

Opted-out: Banco Santander, Goldman Sachs, J.P. Morgan, Macquarie Group, Morgan Stanley, National Australia Bank, and U.S. Bancorp

Source: http://web.archive.org/web/20161126042239/http://pastebin.com/UZczM1a4

Leaked info does demonstrate a lack of interest in banks in sinking a lot of money into blockchain technologies.

[The Sceptical Chymist]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

because ETH is dead.
after all those forks, who still trust in it? only bagholders.

I would say, this, totally.  Except I don't know for sure that it's dead entirely.  These shitty coins sometimes rise up from their graves and come back to wander around Yobit.  ETH isn't quite there yet, but it's definitely in the ICU on life support, and the indifferent doctors are discussing whether they should pull the respirator out. 

[bbc.reporter]

If you look at the history of companies like R3 you get the bigger picture. Initially 11 banks did a two week test and learn trial utilizing the ethereum platform (not the public chain). This provided a reason to pump ETH (the public chain, not the platform) price via various forums and low quality news sites for months afterwards. Later on R3 did more testing with a group of 40 banks except they abandoned ethereum altogether and tested other blockchain platforms by Eris Industries, IBM, Intel and Chain. R3 has since moved on and developed their own platform. Most of these news stories involving banks represent a test for the banking community to learn about the blockchain. It is unlikely that any bank will ever be involved with the public chain ETH and it's price should never be based on  experiments with private chains.

It's important when reading news articles to determine if the content is about the ethereum platform (essentially a software package that blockchains and smart contracts can be created from) and ETH (the public chain that was created initially to fund the Ethereum platform). When paying attention to this detail most articles are not about the public chain; although, often presented in various forums as if they are.

Maybe it would be more costly and inefficient for the banks to run their private blockchain based on Ethereum. We are already seeing Ethereum's problems and shortcomings. It is slow and arguably has the power of one node because all nodes must check the state of each dapp. The bloat of their blockchain is a big problem that is ignored because if they try to discuss it with their community it will only open a can of worms.

It might crash hard as one of the biggest failures in the cryptosphere.

[baomoremoney]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

because ETH is dead.
after all those forks, who still trust in it? only bagholders.

Agree, dead, fork after dao suck scandal, second time was gas issue, this is third time? Ridiculous coin, bitcoin is the future.

[Cryptotraider16]

So itslook like eth will keep go down!!!

[Dr.Osh]

This looks quite disappointing. I think that can survive in the price eth 0.01 BTC, but, currently costs continue to decline. I feel that it is time for another altcoin to have a high price exceeds eth. yesterday, the price was below 0.01 eth or rather 0,009 BTC, but this time the price eth back at 0.01 BTC price. I just hope that prices eth rise again

[Cryptotraider16]

This looks quite disappointing. I think that can survive in the price eth 0.01 BTC, but, currently costs continue to decline. I feel that it is time for another altcoin to have a high price exceeds eth. yesterday, the price was below 0.01 eth or rather 0,009 BTC, but this time the price eth back at 0.01 BTC price. I just hope that prices eth rise again

Yeah but like guys talk there will be still big dump!

[raphma]

This looks quite disappointing. I think that can survive in the price eth 0.01 BTC, but, currently costs continue to decline. I feel that it is time for another altcoin to have a high price exceeds eth. yesterday, the price was below 0.01 eth or rather 0,009 BTC, but this time the price eth back at 0.01 BTC price. I just hope that prices eth rise again

Yeah but like guys talk there will be still big dump!

if by big you mean 50% down in one candle, i dont think so.
ETH foundation and a few whales will try to bring it up at least one more time(exit pump).

but i do agree, ETH is done. give it one more year to see it under 1$(probably even less).

[Cryptotraider16]

This looks quite disappointing. I think that can survive in the price eth 0.01 BTC, but, currently costs continue to decline. I feel that it is time for another altcoin to have a high price exceeds eth. yesterday, the price was below 0.01 eth or rather 0,009 BTC, but this time the price eth back at 0.01 BTC price. I just hope that prices eth rise again

Yeah but like guys talk there will be still big dump!

if by big you mean 50% down in one candle, i dont think so.
ETH foundation and a few whales will try to bring it up at least one more time(exit pump).

but i do agree, ETH is done. give it one more year to see it under 1$(probably even less).

wow..back to 1$ like its start in jan 2015! real interested..lets see..so i think now its not time to buy jet,we still need to wait...
i am sure like you say they will do 1 more buy panic and stupid will buy and they will go out and then they can dump and buy later at 1$ again..
its all play games of big players! all the time same story with eth!

[Ayers]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

because ETH is dead.
after all those forks, who still trust in it? only bagholders.

it's not dead still a huge marketcap you have there, i think it's dumped because bitcoin is increasing too much, look every altcoin is dumped now it's because you need more money at this level of bitcoin value, to buy the same amount of altcoin as before, it's simple math, and we all know that you can't fuck math

[Luke2939]

So people whats the final word ON ETH?? exit your position or look to add when it is beaten down? I feel ether will get beaten black and blue and will consolidate to much lower levels. After that if they can fix all the issue and run properly, then they will come up again. But I wonder whether other competitors such as NXT, Synereo and Ethereum classic will overcome ETH and take it place. What do you guys think??

[hanksBTC]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

[Cryptotraider16]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

[Cryptotraider16]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

because ETH is dead.
after all those forks, who still trust in it? only bagholders.

it's not dead still a huge marketcap you have there, i think it's dumped because bitcoin is increasing too much, look every altcoin is dumped now it's because you need more money at this level of bitcoin value, to buy the same amount of altcoin as before, it's simple math, and we all know that you can't fuck math

Yeah i see few alts i hold all dump and go down only LEOcoin  stay stable! 👍🏼

[SuperOrca]

Gulden would be worth pumping but most whales are on Poloniex.

[turn2flush]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

[Cryptotraider16]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

Yeah true! As i discover LEOcoin have big community its why its interested coin for me!
Coin need big community ... also new roadmap LEOcoin will reliese will be real real atractive!

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

[turn2flush]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

Yeah true! As i discover LEOcoin have big community its why its interested coin for me!
Coin need big community ... also new roadmap LEOcoin will reliese will be real real atractive!

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

I discover LEO and LEOcoin last year and all i can say is wooooowww! Behind this coin is really amazing passionate people. Their vision is simple. Bring humanity back to mankind. And they are learning all LEOcoin holders in this direction. Cryptocurrency are powerfull at right hand. REMEMBER THIS!

[turn2flush]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

I think vision behind this coin is really great but here is problem in lazy devs. They need just some litr of redbul for the start.

[Cryptotraider16]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

I think vision behind this coin is really great but here is problem in lazy devs. They need just some litr of redbul for the start.

Yeah dubble redbull!

[Cryptotraider16]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

Yeah true! As i discover LEOcoin have big community its why its interested coin for me!
Coin need big community ... also new roadmap LEOcoin will reliese will be real real atractive!

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

I discover LEO and LEOcoin last year and all i can say is wooooowww! Behind this coin is really amazing passionate people. Their vision is simple. Bring humanity back to mankind. And they are learning all LEOcoin holders in this direction. Cryptocurrency are powerfull at right hand. REMEMBER THIS!

I follow LEOcoin over 2 years. This year coin start real low so i buy big stock on time! I make 500%+ and pos now is amaizing!
But i know best just coming!

[turn2flush]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

Yeah true! As i discover LEOcoin have big community its why its interested coin for me!
Coin need big community ... also new roadmap LEOcoin will reliese will be real real atractive!

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

I discover LEO and LEOcoin last year and all i can say is wooooowww! Behind this coin is really amazing passionate people. Their vision is simple. Bring humanity back to mankind. And they are learning all LEOcoin holders in this direction. Cryptocurrency are powerfull at right hand. REMEMBER THIS!

I follow LEOcoin over 2 years. This year coin start real low so i buy big stock on time! I make 500%+ and pos now is amaizing!
But i know best just coming!

Thanks god i bought 50k on time. Now i get every day approx 28 coins or 14 USD or 420 USD per month. POS is amazing. Free money. I hear that LEO in early next year bring to us new fress app which help releatively easy build community to 1 million new LEOcoin holders. And of course here is leocoin foundation with their 10M coins, which can do miracle for coin and ecosystem around it.

[Cryptotraider16]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

Yeah lets see what is next!?
Good coin with good POS! 👍🏼

I am sure of that. POS is more secure and more friendly for mass market.

Yeah true! As i discover LEOcoin have big community its why its interested coin for me!
Coin need big community ... also new roadmap LEOcoin will reliese will be real real atractive!

I also hold plenty maidsafe but this project keep not go out! I wait over 2 years! But thx god i pay when its was 1.6 usa $ cents only 😜👍🏼

I discover LEO and LEOcoin last year and all i can say is wooooowww! Behind this coin is really amazing passionate people. Their vision is simple. Bring humanity back to mankind. And they are learning all LEOcoin holders in this direction. Cryptocurrency are powerfull at right hand. REMEMBER THIS!

I follow LEOcoin over 2 years. This year coin start real low so i buy big stock on time! I make 500%+ and pos now is amaizing!
But i know best just coming!

Thanks god i bought 50k on time. Now i get every day approx 28 coins or 14 USD or 420 USD per month. POS is amazing. Free money. I hear that LEO in early next year bring to us new fress app which help releatively easy build community to 1 million new LEOcoin holders. And of course here is leocoin foundation with their 10M coins, which can do miracle for coin and ecosystem around it.

Yeah that big community will do miracle!
But in Jan 2017 something big is coming! Hope foundation will reliese roadmap asap!
Also that leoxchange.com exchange will reliese LEOcoin debit card conected with mastercard! So we will be able to spend leocoin everywhere. I like that coin too!

[repdev]

Eth started to collapse after dao hack and after 10000 eth fork happening.

[Cryptotraider16]

Eth started to collapse after dao hack and after 10000 eth fork happening.

I lost 60btc after dao hack!
I am still 99% that DAO hack was inside eth/dao team legal scam job!

[repdev]

Also mining eth is very unprofitable.

[JeffBrad12]

Also mining eth is very unprofitable.

It may become the important reason how a lot of people wanna migrate to the other coin and leave them right now.
And the intentional fork was becoming the final cause of that. We will see the price will get decrease more and more soon.

[Cryptotraider16]

Also mining eth is very unprofitable.

It may become the important reason how a lot of people wanna migrate to the other coin and leave them right now.
And the intentional fork was becoming the final cause of that. We will see the price will get decrease more and more soon.

I think price can hit 2-3$ by new year as my friend in eth dev team say to me few days ago! 🙈🙈🙈🙈

[bitcoinlitcoinbtcltc]

ETH will be worth less than LTC within few weeks. LTC will become king again. It will be pumped hard when segwit activated.

Be smart and buy reliable LTC, it's been most reliable and steady coin for long time...

Big LTC pump soon, 2013 all over again, mark my words .

Good things come to those who wait!

[cryptohunter]

ETH will be worth less than LTC within few weeks. LTC will become king again. It will be pumped hard when segwit activated.

Be smart and buy reliable LTC, it's been most reliable and steady coin for long time...

Big LTC pump soon, 2013 all over again, mark my words .

Good things come to those who wait!

Keep us updated on this please ... I making bank following you.

[mining1]

Rumor is some REP and ETH whale got hacked and the hacker is selling all his REP coins https://twitter.com/boshen1011?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

[Herbert2020]

what you don't get is that ethereum is one of the many other altcoins that has been there and are now dead. nothing is special here. ethereum is also going the same path that hundreds of altcoins before it had gone. you pump the coin so far before it start to die and be replaced by another altcoin to be pumped.

[mia_houston]

Why peoples dump eth if info about spain bank will take eth is there? Wtf is that?

I dont care about that..that the best way to bought more ether if you concern about ether just sell them..or Hold that will be good i guess

[TrueAnon]

Big whales have understood that eth is overpriced and is over hyped, they are exiting eth and looking for the next coin to pump.

wbb lulz

[An0nym0us]

ETH will be worth less than LTC within few weeks. LTC will become king again. It will be pumped hard when segwit activated.

Be smart and buy reliable LTC, it's been most reliable and steady coin for long time...

Big LTC pump soon, 2013 all over again, mark my words .

Good things come to those who wait!

At current price I agree that LTC is best investment,I have bought few hundred ltc at 0.00470 price
hoping for a big pump

ETH is dummped because it was relly overpriced and managed by big whales without big userbase and they are dumping it now to pump it again or pump another coins like they do always.

[Cryptotraider16]

You all need to know 70% eth was premine and each cost approx 0.3$!!!? So big dump not even start jet!

[repdev]

Eth was pumped due to several "amsrt contract" companies and start-up. now price is still to high.

[Landak]

well i hope this is not happen too long because i bought some eth at price 0.012/eth . if not grow up so i will sell all my eth and change to another altcoin