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 Bitcoin and other Cryptocurrencies v2

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TSwengherng
post Mar 19 2017, 12:55 AM

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QUOTE(WooTz @ Mar 18 2017, 07:35 AM)
The madness will accelerate once the BTC fork approaches, the statements from exchanges made me feel rich already.

There's going to be prolonged conflict even after the fork, and ETH will be waiting.

If the flippening guarantees $70-80, what about the ETH upgrades? Better calm myself down.
*
What's the actual definition of the flippening?
Is it simply when ETH's market capitalisation overtakes BTC's?


This post has been edited by wengherng: Mar 19 2017, 01:52 AM
wannmetal
post Mar 19 2017, 02:48 AM

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crazy man. Buy btc bro surely hike up after this
WooTz
post Mar 19 2017, 06:52 AM


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QUOTE(wengherng @ Mar 19 2017, 12:55 AM)
What's the actual definition of the flippening?
Is it simply when ETH's market capitalisation overtakes BTC's?
*
Yes, that would change everything

Edit: the crazy guy who short DASH earlier gets liquidated.

You know the saying, the markets can remain bananas longer than you can remain solvent.

DASH Short got rekt

This post has been edited by WooTz: Mar 19 2017, 07:16 AM
kmarc
post Mar 19 2017, 08:14 AM

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QUOTE(WooTz @ Mar 19 2017, 06:52 AM)
Yes, that would change everything

Edit: the crazy guy who short DASH earlier gets liquidated.

You know the saying, the markets can remain bananas longer than you can remain solvent.

DASH Short got rekt
*
High risk high return. He should know the risk. Pity him though.

Anyway, ETH just don't want to be my friend. Was waiting for my transfer BTC from my airbitz wallet to Poloniex. In a matter of minutes, ETH shot up USD 5 vmad.gif mad.gif bangwall.gif

Localbitcoins and remitano stubbornly doesn't want to go below RM5k/btc. sweat.gif

Updates :Bitcoin emergency hard fork contigency plan : https://bitcointalk.org/index.php?topic=1831360.40

Looks like there's going to be BTC and BTU...... shakehead.gif

This post has been edited by kmarc: Mar 19 2017, 08:44 AM
TSwengherng
post Mar 19 2017, 03:14 PM

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QUOTE(WooTz @ Mar 19 2017, 06:52 AM)
Yes, that would change everything

Edit: the crazy guy who short DASH earlier gets liquidated.

You know the saying, the markets can remain bananas longer than you can remain solvent.

DASH Short got rekt
*
Poor fellow.
But then again, he could be one of those early adopters who have 12000 BTC in his account, so losing 120 BTC might mean nothing to him.
Who knows.
By the way, why do you say the flippening guarantees 70-80? Is there a source for this?

QUOTE(kmarc @ Mar 19 2017, 08:14 AM)
High risk high return. He should know the risk. Pity him though.

Anyway, ETH just don't want to be my friend. Was waiting for my transfer BTC from my airbitz wallet to Poloniex. In a matter of minutes, ETH shot up USD 5  vmad.gif  mad.gif  bangwall.gif

Localbitcoins and remitano stubbornly doesn't want to go below RM5k/btc.  sweat.gif

Updates :Bitcoin emergency hard fork contigency plan : https://bitcointalk.org/index.php?topic=1831360.40

Looks like there's going to be BTC and BTU...... shakehead.gif
*
I honestly don't care too much about which side wins.
Just as long as there is a final outcome and just get the hell on with it.
The current stalemate situation is not helping anyone.
Congratulations if you still have Dash......it seems that it just won't give up.
Although...I'm still glad I cashed out of it already.

This post has been edited by wengherng: Mar 19 2017, 03:17 PM
kmarc
post Mar 19 2017, 06:00 PM

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QUOTE(wengherng @ Mar 19 2017, 03:14 PM)
I honestly don't care too much about which side wins.
Just as long as there is a final outcome and just get the hell on with it.
The current stalemate situation is not helping anyone.
Congratulations if you still have Dash......it seems that it just won't give up.
Although...I'm still glad I cashed out of it already.
*
Yeah, they better sort it out soon. Not good for BTC.

Anyway, BTC trend showing there's not much hope for the 2nd ETF? Hope to get some BTC at lower prices tonight.
WooTz
post Mar 19 2017, 07:48 PM


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QUOTE(wengherng @ Mar 19 2017, 03:14 PM)
Poor fellow.
But then again, he could be one of those early adopters who have 12000 BTC in his account, so losing 120 BTC might mean nothing to him.
Who knows.
By the way, why do you say the flippening guarantees 70-80? Is there a source for this?
I honestly don't care too much about which side wins.
Just as long as there is a final outcome and just get the hell on with it.
The current stalemate situation is not helping anyone.
Congratulations if you still have Dash......it seems that it just won't give up.
Although...I'm still glad I cashed out of it already.
*
The dude opened a reddit thread, looks like this will be his last margin call. at least he'll hodl now and become much better off.

$70-80 is a conservative estimate, around 30% of BTC holder wouldn't capitulate post fork and would rather migrate to other coins.

Around 5 billion entering ETH would suck out liquidity and the price goes parabolic. some are suggesting four figure ETH which is total nonsense.

Edit: another bullish indicator for ETH, PoS researcher recommends slashing miner rewards to avoid similar case of BTC miners having too much power over their community.

https://twitter.com/VladZamfir/status/843445814420783105

Great for hodlers like myself!

This post has been edited by WooTz: Mar 19 2017, 11:22 PM
TSwengherng
post Mar 20 2017, 12:34 AM

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QUOTE(kmarc @ Mar 19 2017, 06:00 PM)
Yeah, they better sort it out soon. Not good for BTC.

Anyway, BTC trend showing there's not much hope for the 2nd ETF? Hope to get some BTC at lower prices tonight.
*
Yes, BTC is looking really cheap now.
Unfortunately, it's another one and a half weeks to pay day, so no more buying for me...... sad.gif
kmarc
post Mar 20 2017, 08:08 AM

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QUOTE(WooTz @ Mar 19 2017, 07:48 PM)
The dude opened a reddit thread, looks like this will be his last margin call. at least he'll hodl now and become much better off.

$70-80 is a conservative estimate, around 30% of BTC holder wouldn't capitulate post fork and would rather migrate to other coins.

Around 5 billion entering ETH would suck out liquidity and the price goes parabolic. some are suggesting four figure ETH which is total nonsense.

Edit: another bullish indicator for ETH, PoS researcher recommends slashing miner rewards to avoid similar case of BTC miners having too much power over their community.

https://twitter.com/VladZamfir/status/843445814420783105

Great for hodlers like myself!
*
Miners won't be happy. Would they have a say in this matter or even adopt the slash?

QUOTE(wengherng @ Mar 20 2017, 12:34 AM)
Yes, BTC is looking really cheap now.
Unfortunately, it's another one and a half weeks to pay day, so no more buying for me......  sad.gif
*
IMO, prices are not going anywhere because I think everybody now knows SEC is not going to approved the 2nd ETF. Maybe a bit of pumping but I think that's all. I have not bought any BTC recently as I'm still hoping the prices might drop a bit more. Draining my BTC reserves to buy altcoins instead. Hmmm... maybe I should
get a bit to trade for the upcoming pump (which may not occur!).
klthor
post Mar 20 2017, 09:29 AM

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QUOTE(kmarc @ Mar 20 2017, 08:08 AM)
Miners won't be happy. Would they have a say in this matter or even adopt the slash?
IMO, prices are not going anywhere because I think everybody now knows SEC is not going to approved the 2nd ETF. Maybe a bit of pumping but I think that's all. I have not bought any BTC recently as I'm still hoping the prices might drop a bit more. Draining my BTC reserves to buy altcoins instead. Hmmm... maybe I should
get a bit to trade for the upcoming pump (which may not occur!).
*
slashing reward for eth ? miner will switch over to substitute ETC i suppose. and when supply for eth drops, prices goes up and miner will come back.... however i have really bad feeling on eth price now, i was in eth since the price of 8usd ish and it rise to 22usd and then poof dao hack and drop back to 10usd ish and slowly getting it price up till 20usd and went crazy within 3days and stable at 40usd now..... bad feeling is, something is gonna happen and hammer down the price soon. i wish itcould reach 80 usd, profit is good smile.gif but based on my guess, its speculation and after speculate its profit realisation.....
kmarc
post Mar 20 2017, 09:58 AM

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QUOTE(klthor @ Mar 20 2017, 09:29 AM)
slashing reward for eth ? miner will switch over to substitute ETC i suppose. and when supply for eth drops, prices goes up and miner will come back.... however i have really bad feeling on eth price now, i was in eth since the price of 8usd ish and it rise to 22usd and then poof dao hack and drop back to 10usd ish and slowly getting it price up till 20usd and went crazy within 3days and stable at 40usd now..... bad feeling is, something is gonna happen and hammer down the price soon. i wish itcould reach 80 usd, profit is good smile.gif but based on my guess, its speculation and after speculate its profit realisation.....
*
If ETH were to crash, the problem is nobody knows when!!! Even for DASH, majority expected it to crash when it was around USD 50-60 due to supposedly weak fundamentals and a few other issues. However, it keeps on going up and up and up until all those shorts lost a lot of money.

I'm no expert in this but it's seems ETH is fundamentally better in many ways (wait for WooTZ to come!!!) compared to DASH. If dash can hit 100, why not ETH? My opinion only. wink.gif

Of course, also depends on individuals risk appetite. I'm in for the long run and aiming for 4 to 5 digits gain (which is only possible in cryptoland) so minor-moderate correction (of a good coin) is not really a problem for me. If we are only at the infancy stage of cryptocurrencies (which many believe, esp altcoins), the bull has much leg to run!!!! My aim is to collect many types of coins and HODL!!! Again my 0.00002 ETH opinion. biggrin.gif

Each should have their own strategy and do their own research. The only thing I would like to say is that there is never ever such an opportunity to earn a fortune than in cryptocurrencies for us normal working people. You could say, the chance of a lifetime and a very good chance at that! Of course, possibility of crash and burn is there. smile.gif I'm already a late comer and is only one month 6 days old! biggrin.gif

This post has been edited by kmarc: Mar 20 2017, 10:17 AM
klthor
post Mar 20 2017, 11:18 AM

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QUOTE(kmarc @ Mar 20 2017, 09:58 AM)
If ETH were to crash, the problem is nobody knows when!!! Even for DASH, majority expected it to crash when it was around USD 50-60 due to supposedly weak fundamentals and a few other issues. However, it keeps on going up and up and up until all those shorts lost a lot of money.

I'm no expert in this but it's seems ETH is fundamentally better in many ways (wait for WooTZ to come!!!) compared to DASH.  If dash can hit 100, why not ETH? My opinion only. wink.gif

Of course, also depends on individuals risk appetite. I'm in for the long run and aiming for 4 to 5 digits gain (which is only possible in cryptoland) so minor-moderate correction (of a good coin) is not really a problem for me. If we are only at the infancy stage of cryptocurrencies (which many believe, esp altcoins), the bull has much leg to run!!!! My aim is to collect many types of coins and HODL!!! Again my 0.00002 ETH opinion. biggrin.gif

Each should have their own strategy and do their own research. The only thing I would like to say is that there is never ever such an opportunity to earn a fortune than in cryptocurrencies for us normal working people. You could say, the chance of a lifetime and a very good chance at that! Of course, possibility of crash and burn is there. smile.gif I'm already a late comer and is only one month 6 days old! biggrin.gif
*
like u said, it all depends on ur risk appetite. oh and eth already doubled from 20 usd to 40usd now.... which i felt the cashing out might be very soon. fundamental wise, its all talk from fanboy.... most of the people buy/hold for speculation. 90% people out there do not know what eth can do or dash can do. there is no fundamental in crypto as far as i know.... every new coin claimed to be the next BTC by fanboy. but most of the alt coin arent worth to hold, if u join earlier... you might heard of zec which died within weeks....

This post has been edited by klthor: Mar 20 2017, 11:22 AM
kmarc
post Mar 20 2017, 11:33 AM

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QUOTE(klthor @ Mar 20 2017, 11:18 AM)
like u said, it all depends on ur risk appetite. oh and eth already doubled from 20 usd to 40usd now.... which i felt the cashing out might be very soon. fundamental wise, its all talk from fanboy.... most of the people buy/hold for speculation. 90% people out there do not know what eth can do or dash can do. there is no fundamental in crypto as far as i know.... every new coin claimed to be the next BTC by fanboy. but most of the alt coin arent worth to hold, if u join earlier... you might heard of zec which died within weeks....
*
For those promoting cryptos, I wouldn't go as far as calling them fanboys. Well, probably the 90% but not all. Blockchain is here to stay and its advantages is undeniable.

Agreed. That's why I call it crazy cryptoland where I need crazy strategy to navigate it!!! biggrin.gif
WooTz
post Mar 20 2017, 11:42 AM


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QUOTE(klthor @ Mar 20 2017, 09:29 AM)
slashing reward for eth ? miner will switch over to substitute ETC i suppose. and when supply for eth drops, prices goes up and miner will come back.... however i have really bad feeling on eth price now, i was in eth since the price of 8usd ish and it rise to 22usd and then poof dao hack and drop back to 10usd ish and slowly getting it price up till 20usd and went crazy within 3days and stable at 40usd now..... bad feeling is, something is gonna happen and hammer down the price soon. i wish itcould reach 80 usd, profit is good smile.gif but based on my guess, its speculation and after speculate its profit realisation.....
*
Read this first before saying it's speculation.

» Click to show Spoiler - click again to hide... «


I've been following all forms of fundamental trends around ETH for over a year now. Hashrate, address growth, redditor subscription and activity, developer growth and EEA style adoption etc.

But nothing screams flippening like seeing actual long time bitcoiners converting most if not all their coins to ETH.
klthor
post Mar 20 2017, 11:47 AM

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QUOTE(WooTz @ Mar 20 2017, 11:42 AM)
Read this first before saying it's speculation.

» Click to show Spoiler - click again to hide... «


I've been following all forms of fundamental trends around ETH for over a year now. Hashrate, address growth, redditor subscription and activity, developer growth and  EEA style adoption etc.

But nothing screams flippening like seeing actual long time bitcoiners converting most if not all their coins to ETH.
*
isnt this speculation ? it has nothing to do with what eth can be use as. just simple buying eth selling eth. this fella felt sad because he did not keep eth thats all. i couldnt even find a simple explanation in what u share, its just a sad story of a guy who didnt keep his eth. thats all. it proves that 90% of people hold eth for speculation, to gain. not to use it, so there is no fundamental talk it in.
klthor
post Mar 20 2017, 11:47 AM

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double posted. stupid mouse.

not to waste this post, the fundamental im looking for is people understand the usage of eth.... software companies using it as fuel, but when fuel become so expensive... do you still use it as fuel ?

This post has been edited by klthor: Mar 20 2017, 11:51 AM
WooTz
post Mar 20 2017, 12:01 PM


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QUOTE(klthor @ Mar 20 2017, 11:47 AM)
double posted. stupid mouse.

not to waste this post, the fundamental im looking for is people understand the usage of eth.... software companies using it as fuel, but when fuel become so expensive... do you still use it as fuel ?
*
Okay, this gets thrown out a lot.

ETH is programmable money, it is already better than Bitcoin today for transactions, it will become a better store of value once PoS is live. Just look at what DASH is doing with their masternodes.

The gas price dynamically adjusts to the price of Ether, even if each ETH is worth $10000 the fees will remain affordable.

Don't tell me Fortune 500 didn't do their due diligence before announcing an alliance. Their reputation is on the line you know?


klthor
post Mar 20 2017, 12:01 PM

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anyway, like i have said before. im one of those who benefited from higher eth price. i just felt tat it is not right to keep quiet while every1 rushing to eth like a gold mine. it can collapse anytime but at same time double or triple your money.... fundamental, there isnt any if you ask me. but if there is fundamental, the impact is extremely less because 90% of the people do not know what is eth. if fundamental matters, etc price should be more or less the same price as eth because it is the same thing (maybe i missed something as im not really a technical guy).
klthor
post Mar 20 2017, 12:09 PM

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QUOTE(WooTz @ Mar 20 2017, 12:01 PM)
Okay, this gets thrown out a lot.

ETH is programmable money, it is already better than Bitcoin today for transactions, it will become a better store of value once PoS is live. Just look at what DASH is doing with their masternodes.

The gas price dynamically adjusts to the price of Ether, even if each ETH is worth $10000 the fees will remain affordable.

Don't tell me Fortune 500 didn't do their due diligence before announcing an alliance. Their reputation is on the line you know?
*
the moment you said programmable money, it is out my understanding on eth. the fuel i mentioned is not the gas price to transferring eth around. the rest i will keep it as it is. but anyway, keep it this way... pump eth to a higher level.
klthor
post Mar 20 2017, 12:09 PM

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This post has been edited by klthor: Mar 20 2017, 12:09 PM

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