ETH/btc My 2 cents ?

[glub0x]

So, anyone here worried about eth/btc growing bigger everyday?
I am. Since 2014 i thought that the only threat to bitcoin is another currency taking the lead. That might not be the end but it would be a serious blow...

I have past through every altcoin pump/dump without never worrying about btc future it was some low level low money price manipulation.
ETH is definitely not the same thing.
 
So where does all this money pouring in ETH come from? Well now i think Gavin and other bitcoin dev-whales are simply selling btc to eth. This is a very logical decision for them, they didn't get bitcoin the way they thought best so they jumped off the boat.

Did someone asked gavin if he is selling his bitcoin stash for eth?

[1Referee]

Basic form of manipulation; If you as group hold the major part of the total coin supply, you can basically continue buying up your coins till when you think it's enough. All other incoming money from traders/investors/gamblers just adds fuel to this continuous pump. I must admit that this is by far the biggest pump/manipulation attempt of all time in the crypto world, but don't let it get the better of you. In terms of actual usage, Ethereum is nothing more than a tool that serves a speculative purpose, and that's it.

[CARrency]

So, anyone here worried about eth/btc growing bigger everyday?
I am. Since 2014 i thought that the only threat to bitcoin is another currency taking the lead. That might not be the end but it would be a serious blow...

I have past through every altcoin pump/dump without never worrying about btc future it was some low level low money price manipulation.
ETH is definitely not the same thing.
 
So where does all this money pouring in ETH come from? Well now i think Gavin and other bitcoin dev-whales are simply selling btc to eth. This is a very logical decision for them, they didn't get bitcoin the way they thought best so they jumped off the boat.

Did someone asked gavin if he is selling his bitcoin stash for eth?

I don't care how ETH follows the price of bitcoin, I just earn bitcoin for fun, to save some to use it in the future. But saying that, I did buy some and it is really cool how these coin are following bitcoin price. ETH is fixed, it made it's downfall the time it splits, but adter that, it did great and are now having it's fame. That might happen too ik bitcoin, so I think it will be BTC and BTH??

[glub0x]

Well the money has to come from somewhere.
It can't only be the old pump/dumpster because this is 100x time bigger.
It surely is a combination of factor.
ETH is not well spread
ETH is booming fueling the boom
Pump/dumpster surely are on this

but that doesn't seem enough to explain the fact that ETH market cap and volume might pass over Btc. People in my street speak about bitcoin, not eth. Hence my question, wouldn't be reasonable for old whales disapointed by btc politics to leave for Eth. Even satoshi might do so with coins we do not know about...

[davis196]

Ethereum now is like bitcoin back in 2013.
A huge speculation bubble is going to burst and some people are going to cry
Anyway the crypto world is full of speculators who are waiting for such bubbles.
$340 is still far away from $2600.

[Denker]

Well the money has to come from somewhere.
It can't only be the old pump/dumpster because this is 100x time bigger.
It surely is a combination of factor.
ETH is not well spread
ETH is booming fueling the boom
Pump/dumpster surely are on this

but that doesn't seem enough to explain the fact that ETH market cap and volume might pass over Btc. People in my street speak about bitcoin, not eth. Hence my question, wouldn't be reasonable for old whales disapointed by btc politics to leave for Eth. Even satoshi might do so with coins we do not know about...

This is more than enough to explain that crazy rise.
Almost every day a scammy ICO! More and more locked coins! Shilling on every stupid platform!Hardcore shilling!
Corporations got played by Buterin and his scammers, throwing millions at him. Until they find out how they got played, then it's too late.

[talkbitcoin]

People in my street speak about bitcoin, not eth.

that is why it is called a pump not people investing in it. and the volume comes from waves of newbies wanting to get rich because they read a paid article on a news site which told them Putin is going to use ethereum and flush ruble down the toilet

and don't you worry about whales, they are not going anywhere
someone who has spent years and lots of money to establish a foothold in a market that he understands and can affect is not going to give it up for another market that he may become a little fish in because >70-80% of the supply is already being controlled by their whales.

[Lagduf]

so, what will happen if ethereum take the bitcoin's place in the future? If this is still a speculation but remember anything can happen. None able to predict the future of crypto. i will say thanks for the bitcoin politician to prevent the bitcoin adoption through their debate and no more debate.  I'm a little bit worried.

[DeathAngel]

ETH is rising in price at a ridiculous speed but I personally am not interested in investing. I feel that investments like this can be manipulated to the extreme. The only person guaranteed to not get burnt here is Buterin

[karabasss]

ETH is rising in price at a ridiculous speed but I personally am not interested in investing. I feel that investments like this can be manipulated to the extreme. The only person guaranteed to not get burnt here is Buterin

I also did not trust alternative coins. But I noticed the ETH a few weeks ago. It seems to me that this coin has a perspective and therefore I am ready to invest in it today

[CoinCidental]

Ethereum now is like bitcoin back in 2013.
A huge speculation bubble is going to burst and some people are going to cry
Anyway the crypto world is full of speculators who are waiting for such bubbles.
$340 is still far away from $2600.

We have 21 million coins, they have uncapped ~100mil  or roughly 5x so 340x5 and your looking at 1700

Eth is still a scam though, nothing rises 4000%+ that isn't in a crazy speculative  bubble

But then the music stops, they're won't be enough chairs for everyone so make sure you get one and don't be too greedy because the crash will happen faster than you can react to it... Mark my words

[FractalUniverse]

We just need to be ready, and when the right time comes, short the sh/t out of it 

[MiladMax]

ETH will fall to $10 after bitcoin scales (maybe 1st Aug)

[glub0x]

and don't you worry about whales, they are not going anywhere
someone who has spent years and lots of money to establish a foothold in a market that he understands and can affect is not going to give it up for another market that he may become a little fish in because >70-80% of the supply is already being controlled by their whales.

this is true !

[infofront]

Well the money has to come from somewhere.
It can't only be the old pump/dumpster because this is 100x time bigger.
It surely is a combination of factor.
ETH is not well spread
ETH is booming fueling the boom
Pump/dumpster surely are on this

but that doesn't seem enough to explain the fact that ETH market cap and volume might pass over Btc. People in my street speak about bitcoin, not eth. Hence my question, wouldn't be reasonable for old whales disapointed by btc politics to leave for Eth. Even satoshi might do so with coins we do not know about...

Koreans, and Japanese, to a lesser extent, have been buying the hell out of ETH. Cryptocurrency-mania has swept S. Korea and ETH is their coin of choice. I can't say I blame them. Bitcoin seems to be fading away.

[mol76]

However, Ethereum shouldn’t be compared to Bitcoin in the first place as it offers something Bitcoin doesn’t, which is a flexible and functional ecosystem for decentralized applications. Ethereum is providing an infrastructure for new markets such as the ICO market.

It is important for users, traders and investors to consider tradeoffs between security and flexibility. Bitcoin was designed from the start to operate as a store of value, settlement system and digital cash system. For a store of value, security always has to be the priority.

Source: https://cointelegraph.com/news/bitcoin-only-needs-to-survive-security-is-priority-prominent-vc-investor

[jubalix]

Ethereum now is like bitcoin back in 2013.
A huge speculation bubble is going to burst and some people are going to cry
Anyway the crypto world is full of speculators who are waiting for such bubbles.
$340 is still far away from $2600.

We have 21 million coins, they have uncapped ~100mil  or roughly 5x so 340x5 and your looking at 1700

Eth is still a scam though, nothing rises 4000%+ that isn't in a crazy speculative  bubble

But then the music stops, they're won't be enough chairs for everyone so make sure you get one and don't be too greedy because the crash will happen faster than you can react to it... Mark my words

"nothing rises 4000%+ that isn't in a crazy speculative  bubble"....BTC has done way more than that. 

[jubalix]

ETH will fall to $10 after bitcoin scales (maybe 1st Aug)

but why would u go back to btc even if it scales?

I mean it tool so long to sort this out and it still does not offer what ETH does.

its to far gone now.

[freedomno1]

It will be interesting to see if the market cap is going to overtake BTC
Some may argue this is a Myspace over Facebook moment but coexistance is not a real issue in crypto.
1   Bitcoin Bitcoin   $48,202,910,379   $2941.74   16,385,850 BTC   $1,815,260,000      
2   Ethereum Ethereum   $31,754,869,886   $343.65   92,403,878 ETH   $1,507,420,000      

[Paashaas]

However, Ethereum shouldn’t be compared to Bitcoin in the first place as it offers something Bitcoin doesn’t, which is a flexible and functional ecosystem for decentralized applications. Ethereum is providing an infrastructure for new markets such as the ICO market.

It is important for users, traders and investors to consider tradeoffs between security and flexibility. Bitcoin was designed from the start to operate as a store of value, settlement system and digital cash system. For a store of value, security always has to be the priority.

Source: https://cointelegraph.com/news/bitcoin-only-needs-to-survive-security-is-priority-prominent-vc-investor

Rootstock offers a much better smart contract solution than ETH.