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Author Topic: ETH connected with MLM while Bitcoin losing on marketcap share  (Read 15419 times)
Arcteryx
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March 17, 2017, 02:49:27 PM
 #41

BTC is being killed by the block size issue which makes coins immovable and the internal debate and scaleing which just shows dev has ended.
I think the dynamic duo are killing the btc price right now. Lips sealed
One rises the other must fall and this time it's btc is the one to suffer with losses.
ETH and DASH are top of the heap as we are witnessing at the moment.
Not sure about ETH, but Dash is being pumped insanely that is the reason it is skyrocketing unlike any other thing. But I'm very much sure it will fall in the same pace how it reaching where it is right now.
I am not finding any support news nor events to make Dash to have 80+mBTC price levels. A pure bumping is happening there.

Financial experts never consider market cap as a valid criteria to measure and compare financial instruments. I am believing traders will start forgetting these ETH and Dash once we get new innovative altcoin arrives like how Ltc  turned as an old dog. But bitcoin will remain as evergreen opportunity for investors and well as for traders.
Ethereum is at half that amount right now at 40mbtc so they are climbing at a tandem increase which is very strange.
I think they are something going on behind the scenes with these two that might connect them both with each other sooner or later down the road of the bitcoin story.

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franky1
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March 17, 2017, 02:54:15 PM
 #42

the "market cap" is a meaningless figure.

there are not $16billion of fiat in bank accounts to back bitcoin and there are not 426 billion of fiat to back all the crypto.

the "market cap" is based on the movements of just a few hundred thousand coins at most. which fight for a single variable bitcoin price at any time. then some maths to stupidly multiple the single bitcoin price against all coins in circulation.

in short the 16million bitcoins are NOT all sat on exchange order books with an even set of FIAT sat on the other side to back the price..

anyone can manipulate the "market cap"

strew it.. someone can make an alt with 1,000,000,000,000coins.

and then just throw a small amount of those coins on an exchange at lets say 10cents each. never selling any at any price lower than 10cents.
now suddenly that coins market cap is $100,000,000,000.

market cap is meaningless its not real value

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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March 17, 2017, 04:24:15 PM
 #43

why in bitcoin discussion about altcoin? eth capitalization is fake

Because the longer Bitcoin goes without scaling, the more marketshare it will lose to altcoins and the more likely it will become to lose its dominant status.

We want to avoid that right?

I agree,but this is a temporary set back for Bitcoin,I'm sure the community and the board will settle to create a fix to this issue,I am an old school and still believe that Bitcoin will reach it's ultimate goal until there's no bitcoin to mine anymore.

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March 17, 2017, 04:29:14 PM
 #44

Ethereum is continuing to be making fun of bitcoin at it's own expense.
When will the public realize it is not something to continue to put any thought into and just see it for what it really is? Roll Eyes Just another alt coin and nothing more. Embarrassed

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cosmicblue
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March 17, 2017, 09:26:26 PM
 #45

If you haven't noticed both ETH and DASH are going up at the same time and rising as if they are connected to each other for some reason.
Any status update on this rare phenomenon?

Big dom the donkey destroyer.
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March 18, 2017, 12:39:37 AM
 #46

It's just btc investors that prefer not to risk their money, btc with this civil war is a bit at risk now so the price/reward ratio now is riskier than ever. And also the developments on the ethereum front, it was at 25$ before the btc panic began.
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March 18, 2017, 05:41:30 AM
 #47

I'm afraid of lossing bitcoins so I will wait to reach the highest amount again before I sell it. I know it is just for now and it is normal and it really happens to make the crypto world profitable but no altcoins can take over the position of bitcoin, never.

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March 18, 2017, 06:40:31 AM
 #48

It's just btc investors that prefer not to risk their money, btc with this civil war is a bit at risk now so the price/reward ratio now is riskier than ever. And also the developments on the ethereum front, it was at 25$ before the btc panic began.

sure  it's better to invest in a coin like etheruem that did lost in the past 300% of its value, and was dumped by vitalik, for sum of 1M in dollars

i would never trust an altcoin like that, which was forked and hacked because of a bug, this is just another one of those "bitcoin is dead moment" that will end with another "return back to the previous point value" in few weeks
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March 18, 2017, 12:06:04 PM
Last edit: March 19, 2017, 04:14:54 PM by cosmicblue
 #49

It's just btc investors that prefer not to risk their money, btc with this civil war is a bit at risk now so the price/reward ratio now is riskier than ever. And also the developments on the ethereum front, it was at 25$ before the btc panic began.

sure  it's better to invest in a coin like etheruem that did lost in the past 300% of its value, and was dumped by vitalik, for sum of 1M in dollars

i would never trust an altcoin like that, which was forked and hacked because of a bug, this is just another one of those "bitcoin is dead moment" that will end with another "return back to the previous point value" in few weeks
Are you certain of this happening to ethereum?
With such supporters and backing they have?
I would like to see someone sign a message swearing this will come true and ethereum will just go back down to where it was a week and a half ago.

Big dom the donkey destroyer.
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October 11, 2017, 10:19:38 AM
 #50

As per the latest figure on coinmarketcap, the total market capitalization of all cryptocurrency reaches 26 billion USD this morning. Dash sets all time high against btc and takes the 3rd position on the market cap board. On the other hand, bitcoin market dominance dropped to a record low at around 77%.

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October 11, 2017, 10:30:28 AM
 #51

As far as I know, ETH is growing at an awful level, in a very short time, its value has increased fivefold. This is terrible, and it is also a great reward for those who have put their trust in ETH. It is popular with everyone, and is more popular than bitcoin. It is hard for me to believe this. I used to have the intention of reserving ETH, but I was delayed, unfortunately, however, currently I can not invest in it, when it is having too much value, I see a lot of risk . I will not risk.

I wouldn't say it was terrible, but we should always take caution with anything that rises that quickly. It has steadied recently too.

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October 11, 2017, 11:06:42 AM
 #52

As far as I know, ETH is growing at an awful level, in a very short time, its value has increased fivefold. This is terrible, and it is also a great reward for those who have put their trust in ETH. It is popular with everyone, and is more popular than bitcoin. It is hard for me to believe this. I used to have the intention of reserving ETH, but I was delayed, unfortunately, however, currently I can not invest in it, when it is having too much value, I see a lot of risk . I will not risk.

There is a fair reasons why Ethereum goes up in prices because the demand of it is simply risen compare to its supply and we all know that the boom of ICO's happen in the late 2016 up to present, as you said you have an intention back then so that doesn't mean that ETH is not worth of an investment anymore as losing a chance of getting rich makes you hate it.

I wouldn't say it was terrible, but we should always take caution with anything that rises that quickly. It has steadied recently too.

It drastically increased its price compare to the last year's price because of ICO's and the price of it as of now is steady because some ICO's are getting obviously scam and they will adopt proof of stake soon, people tend to be more smarter when it comes to investing with it.
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February 09, 2018, 12:09:04 PM
 #53

As per the latest figure on coinmarketcap, the total market capitalization of all cryptocurrency reaches 26 billion USD. Dash sets all time high against btc and takes the 3rd position on the market cap board.you should have said it probably is. and if you ask me i say it definitely is a pump and dump like any other times before. and bitcoin is the reason why! the fight over block size is opening up room for so much FUD and was the ground work for the pumps.As far as I know, ETH is growing at an awful level, in a very short time, its value has increased fivefold.
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February 09, 2018, 12:16:34 PM
 #54

For the short term I like ETH because it's twice as fast as Bitcoin and offers services to make money
from other alt-coins but if your looking for MLM type scams than I read that one of the coins last month
was charging $55 per transaction and that the Lightning network with it fees charging hubs was a
system of bankers running the hubs.

I forgot it's name, does anyone know what this scam coin was called ?
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February 16, 2018, 07:11:25 PM
 #55


Interesting:

https://www.coindesk.com/silent-no-more-ethereum-users-spurn-fund-recovery-proposal/amp/

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February 16, 2018, 09:21:37 PM
 #56

Has the rot set it? It looks a bit like ETH is starting to crumble.

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February 17, 2018, 06:10:36 PM
 #57

Has the rot set it? It looks a bit like ETH is starting to crumble.

Yep, I think so...  Undecided
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March 01, 2018, 01:28:00 PM
 #58

Many do not want to understand what is the crypto currency seen for example advertising and missed by the eyes.
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March 12, 2018, 11:22:32 AM
 #59

hello, how do you invest in crypto currency? in which? on which site, share your experience.
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