End of the ride for ethereum ?

[Spoetnik]

I have no respect for anyone who owned ETH the scam coin or any ICO "coin"

Thats too rude pal. I've seeing people on social media that mines ETH and just recently entered crypto mining into selling their rigs. The price went up fast and dont expect the fall will be slow. Its just a matter of balancing the market for ETH. Well this isnt new in crypto.

Nope.. I am not obligated to respect profiteers who showed up here late lowering the bar cooking up pump and dump schemes for profit.
That is my prerogative.
You want respect?
Earn it.

You want rude?
Look in the mirror.
You all showed up late pissing on the idealology that was once a common consensus around here.

You endlessly play dumb when it is pointed out to you how all ICO's are highly scammy by design.
You refuse to acknowledge the criticisms of them and ignore them railing in endlessly that *some are legit.
Wrong.
All of them are scammy and it's because of how they work and what they are.. Never mind the end result what they are used for.
For example none have ever been successful in the slightest.
Yet you rather rudely PRETEND this has happened and.. Enough that it's worth investing in them.
As though "investing" in ICO's is somehow a legit form of investment.  
It's not.

Rude is saying essentially that *some* pyramid schemes are legit.
No they are not.
And we know this because of how they function technically.
Rude is ignoring the victims of these schemes..
There is no mystery about it either.
You all see how stupid it is yet don't care because as you all say endlessly..
"I need to get paid"

In life some people get a job and earn money.
With Litecoin the early miners secured the block chain making the launch and system later work.
They performed a job.. A legit job.. And were thus paid for it fairly.
Their efforts were regarded as an investment.
I have more respect for a guy buying mining hardware to make the block chain function than I do kidiots at Polo buying ICO profits coins on teh exchanger fer teh ROI's.

The job they do?
One thing.. They show up here for no other purpose than to throw out any idealology and profit off of what ever the hell is popular at the moment.. Which just so happens to be an endless stream of scammy ICO scheme coins.

..instead of getting a real job.
May I suggest McDonald's 😱?
I have more respect for them than you guys..

[frowsiter]

Yes everyone is speaking too much about the current situation. After market correction all the prices will reset to what was it before and who knows the correction might bring more price to bitcoin. Ethereum is all depends on bitcoin currently (almost all shitcoin do) and the same graph as that of yesterday's drop can be seen in reversal direction after August thing passes away. Truest it is just little twik in the woods.

[Distinctin]

That's a dream for sure. Ethereum can't go to number 1 unless we see a huge problem with bitcoin. When I say huge problem I don't mean hard fork rumors. More serious problems.

Saying ethereum is not at risk is wrong here.

You see that is the thing, nobody actually knows what is going to happen. That is a possibility, I mean there are few groups which want eth as number 1, they are pumping eth and they will keep pushing it, I mean this might be the best opportunity to take btc down.

Imagine if this website changes its name to ethtalk? hehe

Taking down btc is a hard job, but the effort is really awesome, in terms of trading volume ETH is also a legitimate competition with
bitcoin and now that there are a lot of projects that is coming in using eth platform, I am sure it will just rise more at the right time.

[asepsetiawan1990]

many people is waiting for bitcoin result in august 1 and they don't want to see bitcoin is down so i think all of altcoin will stay for a while and will make a good movement after august 1. for ethereum, i think we can see the price will be increase more and ethereum will reach the highest price that we never seen before.

I am really surprised to see all this. We are just waiting for the time and response of the founder of ETH whether there is a good response regarding the current condition of ETH.

[xstayfrosty1980]

If ETH breaks below much below the 190 support level it could get very ugly. Bit I dont think it will.

[Josef27]

If ETH breaks below much below the 190 support level it could get very ugly. Bit I dont think it will.

In my opinion,  ICO's are cashing out into fiat which is causing Eth to dump and the rest of the market is following. Shorts are taking advantage of the downward pressure.  Hold because this is an expanding market that's only just begun. As long as your coin is legit it will come back. This is not a bubble and you can't compare whats going on to the stockmarket. The growth of blockchain is a kin to the growth of early internet. Its an ever expanding market, imagine when the telephone came out. Looking at that chart over a 100 years would be straight up for almost the entire time. This is what we are talking about except this will take maybe 10-20 years instead of 100.   You've seen nothing yet as they say. I'm looking for ETH and BTC to both pick up where they left off by the 24th of this month.

[L87Mou]

I think we saw it in a big bubble when it hit $400 / coin. At $200 / coin though I still think it will rise a good bit before being beaten out by another 2nd or 3rd similar coin coming to market. There are already a few different contenders so who knows who will win.

[soul-impact]

imo it's a healthy correction. Price went up too high too fast. Industry will be better now.

Any adjustments from the developers side are for general purpose: the balanced development of ETH. Do not doubt about it, the excessively high value will lead to crises.

[lordzc]

The potential for the best as right Ascension. just fluctuating a lot lately .

[killerfrost]

Ethereum loosing ground with no significant reversal predicted for some time as market correction begins.
“I think it’s [cryptocurrencies] in a bubble . I just don’t know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble.”
 
mark Cuban

https://btc.ng/altcoin/1613/ for more news

Tell me why you want to end ETH's trip. Do not worry it will over bitcoin. Time will tell us how stable each dollar is. If it is widely accepted by the online community then it will exist without it being self-destructive. Do not worry! Bitcoin has existed for so long. I'm still investing in bitcoin.