Right, which doesn't make much sense because it says progressively through the fundraiser. There's only 6 days left. So if after the fundraiser is over and they haven't sold any does that make them liars?

Whole flash crash and recovery was a few seconds.

https://cdn-images-1.medium.com/max/...dVbLQ6AMRg.gif

ICOs are the best scam in the game right now.

I have been making crazy money off them for two years now. They are great.

I'm planning to put 60+ hours/month (transition this towards a full time job basically) looking at these ICO's and deciding which to throw capital at. It's going to be an interesting space to be in for the foreseeable future and I already see lots of opportunities. You just need to develop a system on how to sift through some garbage - but once you do I believe there will be some very good spots. If anyone else is planning to do similar (I mean actual due diligence/analysis) give me a shout so we can get in touch.

Be careful. It's a bit different now than a couple years ago. I backed off a lot recently. It is strange today.

It... it just keeps going down

FWIW the fundamentals [development of platform] haven't got worse (in fact they've got better) since ATH 410 or whatever. Everything looks good AFAICT. Just enjoy the summer and maybe come back a few days before August 1st (that'll be a crazy week for Cryptos). Or around Metropolis time . In the meantime try your best to not let price movements affect you too much or obsess about it too much, especially if you're a long-term holder.

Any predictions for the week before August 1st?

Not really. I'm not a daily Ethtrader and it's still ~2 weeks out or so. My predictions (especially short-term) are worth a grain of salt and I'd be very cautious of anyone who seems to 'know' with certainty what price movements will take place, so I'll resist the temptation of speculating. FWIW most of the TA you see with cryptocurrencies is garbage IMO.

The one anyone can quote me on is it's my belief price of ETH July 10 2018 > today's price by a good margin. I'd also be very surprised if we don't retest 400+++ in the next X-12 months. But again, that's just based on my thesis I've developed & I don't have a crystal ball.

In these thinly traded markets, I don't see ETH going anywhere but down until these ICOs unload their funds. Anytime it tries to go up, ICOs are just going to relentlessly pound it. Only thing that bucks the trend is an ETF or something big. Or until it gets cheap enough that it's no longer much money to buy up all the ICO coins.

FYI

the same people who are saying


"nothing has changed"
"i'm not a trader"
"know"
"ethereum can scale"
"TA is bull****"


are the same people who were pounding the table for "the flippening" just 2 weeks ago. Now they claim ignorance or knew that it was going down.

Aggo,

Tell me what negative news has happened to Ethereum since its all-time highs? More specifically what I am asking (because this is what I care about) what fundamentals in their development or roadmap have changed for the worse?

I've never claimed to be a short-term daytrader nor a crystal ball predictor in price movement. My sentiment has been cautiously optimistic this whole time. At $12, $45, $87, $400, and now at $220. A pullback of ~50% isn't relevant (especially not after a ~4000%+ gain over 6 months, like are you serious Aggo?) and to me specifically it has not changed the long-term vision at all because see first quote and your lack of answer to it.

I "know" you're a cuck who passively aggressively posts unsubstantiated arguments. I know you disagree with me and my viewpoints, yet won't offer up any predictions or analysis of your own, or even bet against mine. You contribute nothing of value to this thread. This I do know.

Do you somehow feel BTC will scale better in the future than Ethereum? Please do tell, and be as specific as possible.

My belief is that both Ethereum and Bitcoin have scaling issues they need to address now & in the future if they ever want to have mass-market adoption. I strongly believe Ethereum is better equipped to deal with these challenges and have a roadmap in place to do so.

As of today, ETH already scales better than BTC; I've already shown the math in this thread to calculate for yourself whether this is true or not. And it's true, that is a fact, not a viewpoint. But if we're talking in hypotheticals for the future, I'll once again offer you the opportunity to say BTC > ETH will handle more on chain transactions/sec + overall volume. Pick say 3 different dates in 2018 to measure and we'll compare and bet on the outcome. Oh wait, see above quote about you being a cuck with zero conviction behind your beliefs.

I'm not a day trader. There are a lot of so-called expert day traders that make claims that are unproven and don't post audited results to prove otherwise. It's similar to stock traders or sports betters - some are legit but a lot of them are just FOS and don't have an edge. I personally don't care about being a policeman for that stuff as I'm looking towards using my own time in a more valuable manner. And it goes without saying, what other people are doing ultimately doesn't matter to me - but what I just typed nevertheless holds true. I don't doubt a very small % have an edge, and if so more power to them. That's not where my focus is now, or in the future. My edge isn't in 3 hour candlestick charts & triggering capital gains every other day.

I never said a specific date when the flippening would occur, just that it will. If you somehow think it won't, once again feel free to take my $ and bet against it happening <crickets chirping/insert excuse here>. By the way, if you weren't braindead you would realize someone like myself doesn't want Bitcoin to 'fail.' Unlike you, I'm not emotionally tied to the success or lack thereof of assets I no longer own and also realize that it failing would have a collateral effect on the crypto markets as a whole - it's lose:lose for everyone in this space. I was a big believer in BTC for more than a few years, seeing it go to zero wouldn't make me happy. My 'prediction' for BTC if you're so dying to know is that it will bleed market cap % as years pass and slowly become less relevant - I do not think it is a ponzi or that it will ever go to zero. That's an emotionless argument based on my own thesis to what makes a cryptocurrency valuable - I truly DGAF how much better it is in your mind, especially when you don't have the intelligence to argue a viewpoint that has any merit. (Besides, that is discussion for the Bitcoin thread, and trust me you won't see me coming over there to post about Ethereum).

The bottom line is there's 2 ways to deal with trolls like yourself. #1 is bait them into putting money behind their beliefs (at least to me that shows me whether you're a fraud or not, after all this is an investing thread on a gambling forum). #2 is let time speak for itself. Quote them in a year or so and remind them how wrong they are. You've dodged #1 so by default it has to be #2. Please once again tell me how wrong I am so we can see with absolute clarity who truly is the moron in 2018 and beyond.

What has changed is people are throwing hundreds of thousands of ETH at ICO's that are liquidating.

When SegWit is activated, money will flow out of altcoins

Onemoretimes,

Yeah, so they're selling Eth to other people who choose to buy it? That's just how a market operates. It should always be a free flow of supply/demand. Those who want to sell, should, and vice versa.

That being said, no doubt the ICO scene has been a ****show for sure and has provided some downward pressure. Wait until one openly blows up (I'd easily put that in double digit % of happening) there can and will be more volatility due to ICO's and their actions.

I'm not arguing against them influencing price movements of Eth. What I'm saying is I'm not convinced this is any sort of achilles heel for the long-term trajectory of the Ethereum platform. Eths value comes from its utility. Its utility comes from actual usage. Botch the release of Metropolis, never properly scale or switch to PoS, or have any use cases of actual ICO's come to fruition in the future - that's actual trouble. ICO XYZ mass dumping Eth onto the market (say like Tezos could), that just sucks and will cause short-term pain in my books (not to mention they'd be really stupid to do that and hurt their own pockets). Sure, that can be annoying and make many people, mostly speculators, sleep less soundly due to the downward movement, but I'm yet to see an argument that makes me believe it will become anything more than that. In the end, stuff like future ICO X blowing up, or ICO X mass dumping Eth and causing a huge price shock will be a footnote in the history of Ethereum (much like how the DAO is now).

r/ethereum is down for me. Fwiw.

Not for me. Is the rest of reddit working for you?

If i could buy 10k in etherium for $175 each, should i do it? how low would it need to go to be an acceptable purchase?

the currency is basically for fun to invest with, and preferably id like to just hold it. like if it dropped to $25 id be ok.

im mostly just bored and looking for a potential thing to hold onto for 1 year or so.

I would dollar cost average. Something like 2.5k every week for a month or whatever pace you are confortable.

The vast majority of my posts are disingenuous, ****, lies, and veiled with a stench of bitcoin maximalism.



1- when attempting to passive aggressively inform people that "the flippening" is not an investible thesis

2- when trying to warn people that they should not invest in ICOs without a business plan, viable product, or use case

you can change that to 150-300$ million


3- when trying to get mETH heads to understand their own blockchain

https://medium.com/@AugurProject/aug...n-42dda65a3e3d

https://www.reddit.com/r/ethereum/co...bp2/?context=3

https://hackernoon.com/ether-purchas...r-df40a38c5a2f



its getting to the point where i feel like i'm doing too much homework for you guys,
I was going to post about my concerns about the SEC launching investigations into ICOs, but i'm just going to stop because ive realized that there arent anymore free lunches in crypto anymore, i hope none of you will get rekt, but the reality is that the vast majority of you will.




gl Kazuya at your full time ICO investment office
gl to everyone that is holding his bags
I hope it wont take 2 years for this to unwind like it did in bitcoin

Half the buyers are probably looking to profit on a bounce. The bounce doesn't come and those buyers turn to sellers.


https://etherscan.io/address/0xa72dc...02746e242540ed

They just moved another 5k ETH to Bitfinex 2 hours ago and the price is tanking. If 5k coins does that, and they have 400k more coins, I don't see how we don't go sub $100 very quick. Then throw in tezos having 300k + coins that could possibly be looking to liquidate, and this game is over for a bit.

they are selling otc on finex. larimer has said many many times recently that they wont sell in a manner that hurts eth, whatever that means. him and vitalik have known each other for a long time.


tezos... that guy is smart and idk if he cares about eth or eth price. But it makes sense for him to nuke eth into the ground, and there are certainly rumors.....

I personally don't buy assets that I don't know how to spell.

I've also noticed some transfers linked to Kraken. Not selling in a manner that hurts ETH does not compute. ETh doesn't really care too much about price to work. Obv Vitalik has stated if price goes to 0, security goes to 0. You either have to sell now or sell later. There's no getting around it.

Can't imagine them holding onto their ETH while other ICO's dump below them and they watch the bottom fall out and lose most their money because they felt compassion towards trying not to hurt the eth price.