Jackl87
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December 02, 2018, 11:04:58 AM |
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In these days everyone is in try to show his skills to make panic weak hands. I am also agreed with this is the bottom for crypto and there is no more space to go more down from current level. I think this rally is about to start soon.
Well things like that have been said for the last 5 dumps now, so that means nothing. Maybe a rally starts maybe we will see another crash.. who knows.
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bhadz
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December 02, 2018, 01:15:38 PM |
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Woah, package increase for 2019? waiting for that day. Interesting chart so that means that we'll having that impact for the market as a whole. That means ETH is 0.1 BTC. That is a good achievement.
1 eth = 0.1 btc is achievable but the value, let's see but I'm hoping for it. It seems everybody gonna rich by next year who are taking risk in current situation while it looking terrible at moment. There are so many prediction for next rally but I don't think 0.10 BTC will happen for each ETH it will remain around 0.08 BTC. Just endure this bear market and hold until you can. Can't wait for that time when I'm ready to harvest my eth profits though this year has been truly rought for everyone.
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alevlaslo
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December 02, 2018, 01:19:11 PM |
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As BTC crashes to the ground for the next two years, then and only then real institutional money will come into play. Maybe that's why ETH is taking it's time. See you in 2021. You really believe in this? BTC crashed already and this is incredible low price for BTC. At 4k usd per BTC miners already working in loss. So much low price not possible. And big investors started accumulate their bags already. in the Irkutsk region in Russia electricity costs 1 cent for the population and 3 cents for companies https://icerockmining.io/en.html
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Sale the first NFT of the first foto
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digitalblock
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December 02, 2018, 02:05:53 PM |
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Now the bulk of the projects, after the end of the ico, are trying to sell all their Eth, and this is the main factor that pulls the coin down. Ethereum can fall below 100 dollars, and frankly frightens me.I don't understand why investors give up the ethereum network.
I think most of the investors are still holding their ETHs because it would we really dumb to sell at this price. I suspect we are at this price because of some ICOs cashing out In addition to investors, many ICO projects still hold Coins and wait. If all the ICO are sold, it will crash. But there is still hope.
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alevlaslo
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December 02, 2018, 02:51:04 PM |
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demand for Bukkt are already full, we are waiting for a big growth
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Sale the first NFT of the first foto
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alevlaslo
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December 02, 2018, 06:18:34 PM |
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Sale the first NFT of the first foto
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Saverenergy
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December 02, 2018, 06:20:44 PM |
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As BTC crashes to the ground for the next two years, then and only then real institutional money will come into play. Maybe that's why ETH is taking it's time. See you in 2021. You really believe in this? BTC crashed already and this is incredible low price for BTC. At 4k usd per BTC miners already working in loss. So much low price not possible. And big investors started accumulate their bags already. Indeed, such a low price should not be, at least for a long time. Everything is interdependent, mining is not profitable - there is no mining, there is no mining - there is no Bitcoin network.
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BluePowder
Jr. Member
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Activity: 203
Merit: 3
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December 02, 2018, 07:12:26 PM |
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As a reader, programmer and researcher, I can sit here all day and destroy the idiots and the obvious bullshit in this thread, as most should be able tell, is just promotion and investment based talk.
The obvious sign would be that the "for" crowd don't have a point or clarity in anything they say, yet they're literally minute by minute announcers of promises and good news, while failing miserably on even the basics that are not investment based arguments. Eth makes penny stock traders look like princesses.
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BluePowder
Jr. Member
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Activity: 203
Merit: 3
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December 02, 2018, 07:20:42 PM |
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You shouldn't make a statement and ask the same question right after. It looks weak, usually people who write one or two words asking for proof in a forum don't know much. Proof is something you can find on your own by reading and studying, I'm not here to help the lazy or prepare you a report. False. You have any proof?
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DrearyUrbanite
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December 02, 2018, 07:58:53 PM |
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As BTC crashes to the ground for the next two years, then and only then real institutional money will come into play. Maybe that's why ETH is taking it's time. See you in 2021. You really believe in this? BTC crashed already and this is incredible low price for BTC. At 4k usd per BTC miners already working in loss. So much low price not possible. And big investors started accumulate their bags already. I don't think they are mining at a loss in every country as some countries have very low energy prices.
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maloy1cs
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EXIP A Decentralized Domain & Top-level domain ser
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December 02, 2018, 10:13:33 PM |
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This is a full raging bear market my friends. Don't stand on the way of this freight train. I would short ethereum if Iwere you. Eth is dead until further notice.
Mate, they will have big update in the beginning of net year. As I know they going to launch hard fork in January with some existed updates and improvements. And with Bakkt and Fidelity launch at almost same time ETH can grow till few thousands Bakkt and Fidelity means the institutional traders will dump eth to $1 so they can buy cheap. It always makes me laugh when people with zero trading experience claim that this will bring prices up. What a joke!!! More exchanges (bakkt fidelity) means more liquidity = LOWER PRICES, NOT higher prices!!! The crypto community is so full of fools it's unbelievable! Positive events are coming, I join you and also believe that many people are waiting for this. Now we can observe how big changes will occur. I am glad that I am part of this.
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Cryptotourist
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December 02, 2018, 11:55:12 PM Last edit: December 03, 2018, 12:10:21 AM by Cryptotourist |
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I don't think they are mining at a loss in every country as some countries have very low energy prices.
Good point. China for example: https://www.asiacryptotoday.com/chinese-mining-fud-manipulation-vs-the-real-situation/So still in the green right? You need TOTALLY FREE power in the rest of the world, to even try to compete with China. But it is not only a matter of electricity.Taking as a fact that Chinese ASIC manufacturers trash & upgrade their equipment every 6 months or so, and taking also into account that if you go for the latest & fastest BTC miner on the market ATM - EBIT E11++ 44TH/S, 45W/T, 10nm chip DW1228 - and forgetting about purchasing costs, we have: Delivery time is Feb 15, 2019. http://miner.ebang.com.cn/goods-15.htmlHold on. Didn't we just read in the previous article that - & I quote: "Rigs have evolved from 100nm to 7nm which has led to huge increases in efficiency." Oh yes, here it is: https://shop.bitmain.com/product/detail?pid=00020181107195820131prWuuVTy0738Estimated shipping: Dec.20-31 And last but not least: "The Antminer S15 has just been confirmed to have an estimated hashrate of 28 TH/s and power consumption of 1596 W" https://mineable.com/bitmain-just-announced-their-new-7nm-miners-antminer-s15-t15-overview-hashrate-profitability/Total bollocks. So, selling their outdated hardware, trashing the even older ones, whilst keeping the best ones for themselves & repeat. Do the maths, China is the only TRUE profitable player in the Bitcoin/ASIC/mining industry. Always has been. Better off trading (buying cheap of course), hodling & sparing us the hassle.
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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Majormax
Legendary
Offline
Activity: 2534
Merit: 1129
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December 03, 2018, 01:39:15 AM |
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If I've accumulated something over the last few years, is that anything is possible. It's crypt-o-mage-don. Few will survive through this, only to make room for the true believers.
A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do. Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.
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IncludeBeer
Legendary
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Activity: 1164
Merit: 1010
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December 03, 2018, 03:55:31 AM |
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You shouldn't make a statement and ask the same question right after. It looks weak, usually people who write one or two words asking for proof in a forum don't know much. Proof is something you can find on your own by reading and studying, I'm not here to help the lazy or prepare you a report. False. You have any proof?
I'm making an assertion while inviting you to counter it. Get over yourself. Way to sidestep the whole thing though lol
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alevlaslo
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December 03, 2018, 05:38:12 AM |
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I don't think they are mining at a loss in every country as some countries have very low energy prices.
Good point. China for example: https://www.asiacryptotoday.com/chinese-mining-fud-manipulation-vs-the-real-situation/So still in the green right? You need TOTALLY FREE power in the rest of the world, to even try to compete with China. But it is not only a matter of electricity.Taking as a fact that Chinese ASIC manufacturers trash & upgrade their equipment every 6 months or so, and taking also into account that if you go for the latest & fastest BTC miner on the market ATM - EBIT E11++ 44TH/S, 45W/T, 10nm chip DW1228 - and forgetting about purchasing costs, we have: Delivery time is Feb 15, 2019. http://miner.ebang.com.cn/goods-15.htmlHold on. Didn't we just read in the previous article that - & I quote: "Rigs have evolved from 100nm to 7nm which has led to huge increases in efficiency." Oh yes, here it is: https://shop.bitmain.com/product/detail?pid=00020181107195820131prWuuVTy0738Estimated shipping: Dec.20-31 And last but not least: "The Antminer S15 has just been confirmed to have an estimated hashrate of 28 TH/s and power consumption of 1596 W" https://mineable.com/bitmain-just-announced-their-new-7nm-miners-antminer-s15-t15-overview-hashrate-profitability/Total bollocks. So, selling their outdated hardware, trashing the even older ones, whilst keeping the best ones for themselves & repeat. Do the maths, China is the only TRUE profitable player in the Bitcoin/ASIC/mining industry. Always has been. Better off trading (buying cheap of course), hodling & sparing us the hassle. so ether is better
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Sale the first NFT of the first foto
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alevlaslo
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December 03, 2018, 07:19:56 AM Last edit: December 03, 2018, 07:45:57 AM by alevlaslo |
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stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy! See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line
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Sale the first NFT of the first foto
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RivAngE
Full Member
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What doesn't kill you, makes you stronger
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December 03, 2018, 09:56:29 AM |
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stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy! See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line Nice graph, it shows the downtrend of Ethereum! I don't know why did you draw these lines, but they make no sense to me, sorry. ETH had a low of 9.85% on Dec. 2017, this could have been a support if it had shown a rebound after the last sell-off but no, ETH is keep losing dominance and it's now on 8.90%. Now compare it to XRP, I notice 2 things: (1) Before the last two rallies, XRP moved first and then ETH followed, both taking some dominance out of BTC and other coins. The 1st one was on 3/5/2017 (ETH followed on 19/5) and the 2nd one is on 13/12/2017 for XRP (ETH followed on 8/1/2018)! Lately, XRP is again giving signs of a rally, on 21/9 it spiked up but ETH didn't follow it, this time both ETH and BTC lost some dominance to XRP which is getting closer to the January's high. Ofcourse trends are breaking often, but if you're wondering what's the current trend, I'd say BTC is going SIDEWAYS, ETH is going DOWN, XRP is going UP. Disclaimer: I'm not endorsing any coin over the other, I'm simply stating what I'm seeing in the graphs. However the graphs can be understood with more than one way, so feel free to disagree with my view.
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mcfom
Legendary
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Activity: 1260
Merit: 1001
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December 03, 2018, 10:07:46 AM |
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This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.
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Cryptotourist
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December 03, 2018, 11:14:57 AM |
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A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.
Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.
Thank you. Hope is vital & necessary, but it depends from which perspective. I'm not hoping for another bull run in 2018, nor for a new ATH for BTC or ETH in 2019. What I am hoping though - is enough correction on the market in general - to completely fill the bags throughout the whole of next year. Trend following? Yes, only to keep them moderately busy & amused. Will have to hodl something at one point - and that will be only when bought in the very very lows. so ether is better Is that really what you gathered? Wow, OK, whatever suits you mate
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I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
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XCNP
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December 03, 2018, 11:55:33 AM |
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They already did what they could and will not take this market to point of no return. One thing more why one would like to kill the hen which is laying egg of golds where volatility is higher but risk of vanishing isn't at all. In traditional markets crash wipe out your investment here only devalue your portfolio. I am quite hopeful for bright future of these markets.
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