[ANN] Ethereum: Welcome to the Beginning

[kobo_eth]

After watching market since Thursday (first bottom, todays is the second), I got into a very interesting chart on Quora
It is for Bitcoin, but I really hope the same is not valid for ETH and the constant cries that it will reach 5, 10 and 20k in an year.

https://www.screencast.com/t/54efNuFknF

All of it is so true, the bear traps, the media attentions, the unrealistic enthusiasm, the greed and the capitulation

[thinkpad99]

That is true in recent past Ethereum also had blockchain conjunction issue which caused little longer confirmations time and slightly higher fees than normal. This is the issue on which Vitalik and team is working to solve the scaling issue in near future. In rest everything looks fine in Ethereum in long term and at present as well.

I am sure that Vitalik and his team will find a solution for scaling issue, but looking at the current situation, it doesn't look good. What happens to the ETH price and how it responds to BTC, means only that ETH still can not exist independently of BTC. I mean on cryptocurrency market, not technically ofcourse. I hope it will change soon, but it is still problem for ETH.

[2012]

After watching market since Thursday (first bottom, todays is the second), I got into a very interesting chart on Quora
It is for Bitcoin, but I really hope the same is not valid for ETH and the constant cries that it will reach 5, 10 and 20k in an year.

https://www.screencast.com/t/54efNuFknF

All of it is so true, the bear traps, the media attentions, the unrealistic enthusiasm, the greed and the capitulation

Ethereum is still into strong position anything is possible in future if we look over price of last year it was around $11.40 and now it's over $774. Now it's much easy for this ecosystem to get more bigger share from the market.

[Jedgar]

After watching market since Thursday (first bottom, todays is the second), I got into a very interesting chart on Quora
It is for Bitcoin, but I really hope the same is not valid for ETH and the constant cries that it will reach 5, 10 and 20k in an year.

https://www.screencast.com/t/54efNuFknF

All of it is so true, the bear traps, the media attentions, the unrealistic enthusiasm, the greed and the capitulation

The market reveals its  chaotic nature presently. The time has come for  ETH to come to the fore. It needs to correct and settle down to its true value. We need to understand the long game and believe in ETH. I have converted all my BTC into ETH. Luckily dsx exchange paired it with fiat. So I have some degree of freedom to react on  further movement.

[raskill]

So the bottom is most likely tomorrow right before the meeting here in the US. What you peeps think, can it go to 650 or is that grasping for straws? I got a feeling after the meeting everything is going to shoot. Not a lot of mining cards showing up on Ebay as yet. The price has dropped for them around 20% in the past week(used ones that is)...

[tomkat]

After watching market since Thursday (first bottom, todays is the second), I got into a very interesting chart on Quora
It is for Bitcoin, but I really hope the same is not valid for ETH and the constant cries that it will reach 5, 10 and 20k in an year.

https://www.screencast.com/t/54efNuFknF

All of it is so true, the bear traps, the media attentions, the unrealistic enthusiasm, the greed and the capitulation

Ethereum is still into strong position anything is possible in future if we look over price of last year it was around $11.40 and now it's over $774. Now it's much easy for this ecosystem to get more bigger share from the market.

Although it tanked hard, ETH is still doing better than others - it's ~45% down from its ATH whereas BTC approaches ~61.5%. I don't like technical analysis, but the fans may consider this BTC level to be strong support (not advice obviously) - on the other hand BTC has just crossed EMA 200 (on daily chart) which is always bad news mid-long term 

[kobo_eth]

700 USD is the next milestone in todays bloodbath and we are almost there. I am afraid that if we fell below it, the dip will be a hard one

[raskill]

The governments are not trying to exterminate crypto. They are trying to get a grip on the illegal issues like money laundering, drug traffic, etc. This is actually a needed step to becoming more main stream. The US is not concerned with crypto as a currency and the world will find that out tomorrow and boom. This is an opportunity IMO.

[Altcoinster]

Dont know why the most people are still in panic because we are still in a good price range. I will hold hold hold until the bear has gone!

[IncludeBeer]

So the bottom is most likely tomorrow right before the meeting here in the US. What you peeps think, can it go to 650 or is that grasping for straws? I got a feeling after the meeting everything is going to shoot. Not a lot of mining cards showing up on Ebay as yet. The price has dropped for them around 20% in the past week(used ones that is)...

What meeting is this?

[TerrorFromTheDeep]

Dont know why the most people are still in panic because we are still in a good price range. I will hold hold hold until the bear has gone!

Not far 300 usd per ETH was very good price and people discussed will be Ethereum touched 400 usd. Now 700 usd - it is reason for panic. It is impossible how people change their mentions.

[raskill]

Tomorrow's meeting

https://coingape.com/why-february-6th-is-significant-for-cryptocurrency-market/

[IncludeBeer]

Tomorrow's meeting

https://coingape.com/why-february-6th-is-significant-for-cryptocurrency-market/

Thanks. This is big shit...

[Xandan]

This time I observed huge change in cryptomarkets where Ethereum came out as strong element of safe haven for escape. I was looking at its value in parity with Bitcoin and remained astonished that it has lost minor value. Ethereum is going to dominate this space in very near future it is clear now.

[ArkadiyDeliev]

Dont know why the most people are still in panic because we are still in a good price range. I will hold hold hold until the bear has gone!

People are in a panic because they haven't done their homework and/or are immature about trading. I wish there was a skip button, but sadly there isn't one, so we will simply have to live through the red.

[nipponbit]

Tomorrow's meeting

https://coingape.com/why-february-6th-is-significant-for-cryptocurrency-market/

Thanks. This is big shit...

"Edited: CFTC has rescheduled the date for this event from Feb 6th to Feb 14th, 2018"
Dont know, is it good or bad news

[raskill]

Ah Man, we might be able to get $200-$300 Eth again by then. Got my tether ready. I know I am not the only one. I got a feeling this poor rat is about to make some cheese. Is there a link to that reschedule? 

[EtherSpin]

So glad to see Ethereum has come so far. Was only $10 last year this time. Now we're talking about $700 Ethereum like it's low, it's amazing. I've been working on a few projects too. Ethereum has the biggest network, and more transactions processed than any other crypto. It's definitely going to be #1 in the space.

[sheenarif]

Opportunity to buy more as the price is cheaper.....

[estenity]

Tomorrow's meeting

https://coingape.com/why-february-6th-is-significant-for-cryptocurrency-market/

Thanks. This is big shit...

"Edited: CFTC has rescheduled the date for this event from Feb 6th to Feb 14th, 2018"
Dont know, is it good or bad news

no surprise for me, because of onset of financial us crisis and political mess presently.