I believe now is the time people are accumulating ETH. That could be the secret to the Pump, people high up in MSFT and others super late to bitcoin, but with Ethereum they can inject themselves in from the start and help shape it. MSFT devs etc...all speculation I know but... I would not be surprised if they just started funding Eth dev directly by buying eth.
Plus Ethereum is a bit more softarewarey(yeah not a real word lol) than bitcoin i.e with smartcontracts and damp not just a glorified ledger like Bitcoin. Ive been furiously mining Eth with around 1GH/S of hash rate for a few months and buying on the dips. From this point on i think ill stop selling what I mine and also buy more eth weekly on the dips.
I could see this popping to $10/eth some time next year don't want to miss that boat. What scares me more is we dont even have a killer app yet.
If Augur or one of those other etheruem based projects blows up we could be kicking ourselvs next year for not loading up.
Not a pumper myself , but i missed the early BTC boat, missed the LTC boat I'll be dammed if i miss another. Worst comes to worst i break even and sell my hardware. I have found some other videos regarding Microsofts future vision for their Azure platform and this all seems like a line written in the sand. Its clear guys...the time for Crypto to shine is now and MSFT is going to take it there.
Interesting speech by CEO of Microsoft made in India ...to a bunch of IT students:
https://youtu.be/hw00mtT9cLg "Rich cloud infrastructure" "In fact the way I decscribe it is, every device creates this exchaust of data, and the cloud and the power in the cloud can converge that into the fuel...and the intelligence that empowers every one of your experiences". - MICROSOFT AZURE. (quote starts at 5:19)
Another interesting interview made last month (get to know Microsoft and their future vision further):
https://www.youtube.com/watch?v=8BourVzXU5o (starts talking about power of AZURE at 7:00)
Paris Microsoft Enterprise group meeting interview:
https://www.youtube.com/watch?v=LQ8Hiss2EkE - shot back before Sataya was CEO -- Satya was responsible for building and running Microsoft's computing platforms, developer tools and cloud services. He and his team deliver the "Cloud OS." and was Rumored to be on the short list for CEO at this time, he shares his views on the future.
MICROSOFT AZURE CLOUD VIDEOS: 1.
https://www.youtube.com/watch?v=ZNgvZE0MLeo 2.
https://youtu.be/JJ44hEr5DFEAZURE ARTICLES AND MORE INFO: 1.
https://azure.microsoft.com/en-us/case-studies/ 2.
http://news.microsoft.com/cloud/index.htmlBREAKING NEWS ARTICLES REGARDING MICROSOFT PARTNERSHIP:
http://techcrunch.com/2015/10/28/microsoft-partners-with-consensys-to-use-ethereum-to-provide-blockchain-as-a-service/[Suspicious link removed]j.com/moneybeat/2015/10/28/bitbeat-microsoft-to-offer-ethereum-based-services-on-azure/
https://blog.ethereum.org/2015/10/28/microsoft-to-sponsor-ethereums-devcon1-2/This is the best news to happen to the world since Bitcoin was created itself. This further empowers Bitcoin in so many ways. I'm calling this floor right now. We will find a 800k - 1.5 MILLION SAT floor within the next 8 months. This news is literally a "wet dream" for the entire crypto economy.
After reading all this and watching these videos, what do you think Microsoft plans to do with the ETH platform implemented with their AZURE platform?
You decide.