/biz/ - Business & Finance

>>2160072
no and no

>>2160072
It's ogre

>>2160079
What makes you think that?

eth is a long hold wtf are you doing anon

>>2160104
But I want to seem some mad gainz, I was promised a Lambo.

>>2160121
you will never get a lambo with that mindset

ETH always goes to sleep for a while before it starts climbing again.

>ETH doesn't moon 24/7, is it dead?

>>2160121
Your lambo is on the Moon. When you get there you may drive it.

The /biz/ motto is buy high sell low.

They hype coins at the all time high and call coins worthless shit when it's in a dip. This is true no matter what the coin's function is and goes for stocks as well.

>>2160193
This.

>>2160072
Nigga ETH NEEDS sideways movement to establish support levels. Moon launch happens in stages. We have barely cleared the launch pad senpai.

>>2160072
If you do sell, only sell off some and buy into LTC.

>>2160193
This. You know that picture of Homer with the note that says "always do the opposite of what Bart says"? Applies perfectly to biz.

Except DGB. You need to get in on DGB

>>2160121
>I was promised

Thats not how the dominance hierarchy works.

>>2160269
Why DGB?

>>2160094
To quote Wall Street: Stick to the fundamentals. Wait for the dips then buy in and ride that wave for only so long.

>>2160156
What you think the odds are that cryptocurrency will be used for ETFs in the near future?

>when ETH doesnt double in price every day
>is it time to sell?
>whats happening

Bull markets have spoiled you

>>2160079
>>2160104
>>2160139
>>2160156
>>2160158
>>2160253
All of this desu. We are establishing resistance at 160 with this stable price for next lift off.

>>2160296
learn to spot shills/trolls dude

>>2160346
Already happening.

>>2160121
This why i hate the boomer and millennial mindset: they continue to believe they're entitled to everything. Need flash dipshits: nothing in life is free. You HAVE to earn your shit.

just got $20 worth of bitcoin yesterday and it went down a little in value over night to $18.5

should i invest any into ethereum or gamble it with a shit coin

this is so goddamn cringey, eth was sub 100 dollars like a little more than a week ago

>>2160365
Noice

B U Y
T H E
D I P

>>2160387
Hold it. The cryptocurrency markets never close and you'll see higher gains after Wall Street closes

Yes yes, please sell, i will buy the dip. To all you new coin fags here, if you hold this you will be rich. This shit will be a fortune in a few years.

>>2160438
Not gonna lie, when BTC came onto the market i was skeptical. But thanks to a wise individual named Ghost, I'm actually entertaining cryptocurrency

HODL

>>2160400
ayy still buying the enron dip. any day now.

Reminder that a traditional company with supposedly millions of users is going to offer a token. It wasn't explicitly stated it would be a token on top of ETH, but it'll likely be an ERC20 token. It'll be announced at the Token Summit on Thursday. If it's a massive company I imagine it could have a very good influence on ETH's price.

>>2160555
Spotify. Calling it.

it's cuz Voxel is the new talk. Up 41% apparently and launch is tomorrow

>>2160569
I'm callin a crash n burn on Voxel just like what happened to Snapchat and the dot com boom of the 90's

>>2160460
Nice to see another capitalist here.

>>2160614
Been one since my dad kicked me out the day i turned 21 in 2011. Made me realize that you have to work to be successful.

Everything else is rising simply because consensus 2017 is bringing in the fanfare but when it's over I would imagine that people take profit and move to btc or eth possibly eth now since btc is a little unstable atm?

>>2160639
This post is cringey af

>>2160844
What's cringy about being a capitalist? I'm gr8ful my dad kicked me out.

>>2160072
We really need a sticky that says "Stop asking for advice on ETH. Hold and you will be rich".

Seriously, there is no reason to assume that ETH won't keep going up forever. There is no reason to assume that there is some limit to how high it can go.

When I bought ETH at $15.50, BTC was 80x higher than ETH.

Now it's only about 13x higher.

When I bought ETH, BTC had 80% of the market share of crypto, now it has 40-something percent. Stop fretting OP.

>>2160829
Shit is only just getting started. This whole last weekend was just to test the exchanges capacity so they can quadruple it when big named giants will release coins of their own.
Can you imagine the run when samsung decides to put it's shares onto the crypto market? and every company in the world is now lining up to get on board the blocktrain. ETH and XRP made this possible mang, mostly ETH but XRP has it's place well solidified and is right now being held low so get in. Must haves - BTC, ETH, XRP, DGB

>>2160892
Any advice for ZCash?

>>2160874
kys

>>2160892
addy: If you're one of those hard working types and like to do something of value, study everything to do with blockchain technology.
If you'd prefer to just magically get rich some day, invest everything you've got into cryptos then get a job so you can get a loan so you can put that in as well. 2 years max until mainstream

>>2160928
Make me nigger

>>2160891
>Seriously, there is no reason to assume that ETH won't keep going up forever.
JEEESUS FUCKING CHRIST THE NEWFAGGOTRY HERE IS UNREAL ARE YOU FUCKING 12?

>>2160914
They have one 'deal' with IBM or Intel or whatever, that is that the development team has a deal, not you or the coin.

>>2160891
>Seriously, there is no reason to assume that ETH won't keep going up forever. There is no reason to assume that there is some limit to how high it can go.

Wow, I wish there was a required test to post on /biz/ so retards like you couldn't post

>>2160072
Informed Speculation:
This is a side effect of the Consensus hype train being over. Consensus created the 180 pump as present investors stuck their whale tails in for a day to feel the waters. When they stuck their whale tails in there was a huge ripple. That created a rapid appreciation-depreciation spike, followed by a steady climb out of the trough. That ripple was likely exacerbated by the collective low-faith in this place dipping out after the consensus hype. Also, a great opportunity to take advantage of a daytrade dip by selling before the dip then buying back up on the trough. Hence the steady climb. These are all strategic collective market optics I'm giving you here.

It's still worth the long term HODL due
1) BAT ICO
2) General appreciation of value trend among popular cryptocurrencies
3) Blessings from Microsoft
4) The earliness of crypto as a society-wide phenomenon. Crypto is potty training. Just because you weren't there for the first 2 years doesn't mean Crypto isn't a healthy growing toddler market on the global stage.

I say this as a bullish holder of a smallish bag.

>>2160938
Lol

How will I ever recover from being told I'm wrong when I'm right?

>>2160952
Tell me, why would Ethereum go down?

>>2161053
Some people are taking profits

>>2161053
Because it has no actual value maybe, outside of "potential" and people not wanting to miss Bitcoin part II

>>2161062
Yes, the ones who own it like myself.

>>2161087
So then why would it just randomly start going down after doubling every couple of weeks?
You think all the people paying higher and higher prices are just gonna change their mind?

>>2161087
tell me what exactly is the value of bitcoin?

>>2160990
5) USD is inflating every year and holding onto it results in a depreciation in value. Even if Crypto moves utterly sideways in most terms, it will still probably appreciate relative to USD fiat.

>>2161126
$2244

>>2160072
holy shit this is the dumbest post I've read all day

please be a joke

>>2161141
lol 3% is completely irrelevant for crypto though. Bad argument.

When do you guys think ETH will moon next?

I'm a poorfag and can't afford more anyway, but was just wondering what you think

>>2161126
>>2161087

There is value in all crypto:

>largely unregulated secure anonymous digital currency.
>freedom from central banks
>distributed, decentralized (some not all crypto)
>sticking it to your local government, if you do not like what they are doing with your fiat currency.
>Making purchases on your own terms.
>Supporting new forms of tech tied to crypto.
>Accelerating the development of post-predatory capitalism.

>>2161216
There was a month of sideways movement last month. Which was followed by a week of sideways movement. Somewhere in there.

>>2161213
>Bad argument
In addition to four others... not all can be greatest hits.

3% appreciation (if that is what you mean) is better than nothing, and a worthier investment than burying your fiat in the ground.

>>2161216
We can only speculate on why previous things mooned and project those patterns onto the near future. An imperfect method for certain. Definitely not scientific, but sometimes better than nothing.

I would be on the lookout for news about tech conferences featuring discussion of ETH and other crypto. I'd be on the lookout for Brave ICO on the 31st (new browser from Firefox guy and reputable team that pays users in an ETH-based Crypto called the Basic Attention Token for watching ads).

If you hear anything, tell us here. We'll help float the bags since we're interested in gains as well.

>>2161251
shit my bank game a 200k loan for 1.1% ... for all I care 3% is golden
but no, I dont trade with that money...

>>2161229
>>Accelerating the development of post-predatory capitalism.

elaborate?

I got high last night and sold off at 165. Kind of regret it now, but I made 200 dollars turn into 330 and I'm hoping there'll be another dip soon so I can reinvest.

>>2160296
Gaming markets. Mad profits in that sector.

>>2161306
Think of cryptocurrency as the digital gold rush

>>2160072
I'm going to break this down for you brah.

It took seven (7) years for bitcoin to go from worthless to the two thousand (2000) plus dollars that its worth right now.

HOLD ON TO THIS SHIT.

In a few years time when you sell it you can get that Lambo.

Seriously I spent three hundred (300) on ETH coins last year, and now they're worth almost eight thousand (8000) fucking bucks.

Strap yourself down and don't sell this shit for less than a grand a coin.

>>2161212
bunch of fucking newbies who are freaking out because they bought at ATH and its not "mooning" anymore.

>>2161398
that ass would make a good alt-coin

>>2161435

>Thic-coin

>>2161451
its a great fucking ass i know lol

>>2161451
now someone just needs the domain, modify a client and a forum post

>>2161518
WHERE CAN I BUY

>>2161518
Extra thicc profits

>>2161518

>tfw you pump it and get child support dumped on you 10 months later

>>2161518
>>2161518
BBBRRAAAAPPPPcoin

>>2160072
Sell and buy ZCash ZEC
Perfect timing, min 20% profit by tomorrow.

Yeah sell everything OP. No reason to hold this ever.

>>2161546
Did someone say E X T R A T H I C C?

>>2161518
Lookin forward for this coin

>>2160375
calm down, faggot. nobody cares

For next level crypto traders, add me on skype: cryptoanna

For people who don't take crypto seriously, add me on skype: fartinmymouthbb

>>2162307
Fuck off

Metropolis is delayed till September, i'm selling a chunk of my eth stash to have some cash for next few months

HERE WE GO BOYS

>>2162591
Classic pattern.

Huge sell walls at 173-175

should we sell at 171-172 and buy back in after?

>>2160072
anybody else notice this?

>>2160072
Niggers like this don't deserve anything in life

>>2162591
>>2162969
>>2163304

Is the fire about to rise?

>>2163376
yes, get ready for threads like "i should have bought, why didnt you tell me biz

Why are people here convinced that eth is the new bitcoin? Is everyone just joking? What's the actual possibility that eth is going to tank and turn out to be trash?

I currently have 4 ETH. Should I trade 2 of it for BTC?

THE FLIPPENING IS WHAT'S HAPPENING GET IN NOW

http://archive.is/6uRJe

>>2163399
It's faster, has smart contracts and can run dapps.

Obviously in an autists mind he thinks "More advanced tech means everyone buy it right guise?"

>>2163399
>What's the actual possibility that eth is going to tank and turn out to be trash?
Go ask these companies:

https://entethalliance.org/members/

>>2163376
Looks like it. Peak and dips getting shorter and shorter. I'm either going to make a ton of money or loss a ton of money.

How many of you have a ledger nano? and is it worth it?

>>2160072
>gonna be ripping 300 out of my wagecuck check every month just to buy one ETH by the end of the summer

Gonna be worth it when they're each worth 10k in a few years though.

>>2163469

it's the 23rd today...

that article is dated the 24th???

are you from the future?

Can some of you tradingnoobs explain to me how the eth value is linked or essential to the ethereum technology? Do the big companies of the ethereum alliance buy eth? Where?
It reminds me the dot com bubble where this shitty site called theglobe.com had a market cap of 800 million. People kept pouring their money because "internet is a revolutionary tool that will impact our everyday life". Looks like it will be the same with eth. If ethereum is a game changer it doesn't mean eth is worth shit.

>>2161229
>post-predatory capitalism
PR firm detected

>>2161229
>>2161229
>largely unregulated
o rly? Why is it so hard to cash out then?
>secure
until the next big hack
>anonymous
nope
>digital currency
by law, it's a commodity, not a currency. In the legal world, it maked big differences.

>>2161306
With military industrial complex cold war boomers holding onto all the fiat and weapons, and with millennials getting rich off of decentralized distributed deflationary securrency, I think you could see some of the power getting taken back.

Crypto is silicon valley culture. Silicone valley merges the best parts of socialism and capitalism into a unique synthesis. Cyrpto is enabled by open source programming, which is practically communist by the standards of older industries. Silicone valley people who are enabling this sort of thing go to work on microdoses of LSD. They are liberal but not SJWs. They are securing tomorrow's money away from some of the most power hungry and bloodthirsty industrial interests on the planet. That isn't to say this establishment isn't corrupt in a bunch of other ways unique to itself but watching the technocracy overtake the aristocracy is one of the few long term things I'm happy to be alive for.

>>2161518

BUY THE DIP.

>>2163823
I wish I was getting paid to say what I say.

This is merely how I look at the world and where I see things going.

The fact that I talk like a faggot and sound like an ad is inconsequential.

>>2163965
>The details of my life are quite inconsequential

>>2163939
Start it at half a cent and guarantee you'll see immediate volume

>>2164046
I have nothing to gain or lose by you believeing me or not believing me

>>2163697
It's good to be skeptical. With all the hype around coins, it's been one pump-and-dump after another. Just like the 90s bubble.

The only question is how do you distinguish Pets.com from Google?

-People
-Potential
-Track record

Ethereum's got all of those and the coin's integral to the tech.

>>2164324
Yeah but does ETH have a talking sock? I think not

>>2164338
point proven

>>2164338
Shit, you're right...SELL SELL SELL!!

>>2160072
Almost flat lining now, boys. She's gonna explode upwards in just a bit.

>>2164358

Fuck I wish I didn't have to wait another week to throw down money from my bank account on Coinbase. I'd put in another 2k easy

>>2164395
check out cex.io

>>2163304
I love random ms paint line posts

Should I focus on hoarding more ETH or bitcoin?

>>2160602
difference being snapchat actually got somewhere out of the gate whereas voxel is just a pile of shit which failed to launch...

>>2161282
>new browser
oh nic-
> from Firefox guy
whew thanks for saving me the time and potential lost investment anon

>>2164401

Nice. So much more expensive than Coinbase though damn

>>2160375
Actually.... the majority of wealthiest people who have a lot did not earn it.

Most people are born into money, even if that's just being born into a nice family that cares about you and sends you to a decent school.

People who think they are self-made are morons.

>>2164497
t. lazy faggot making excuses

>>2164497
>did not earn it

Maybe in whatever third world shithole you're from, but out of the 25 wealthiest people on earth, 15 are American, 10 of whom built their own fortune, 3 expanded existing ones, and 2 only inherited.

Fun fact: America's middle class is shrinking not because so many are moving into the lower class, but because so many are moving into the upper class.

>>2164491
yeah they're rapists and my last resort. but you're going to get bent over regardless so...smile i guess.

Best ETH Windows wallet? Android support as well would be nice

Pic unrelated

I usually sell everything when it's high and buy again when it dips.
Am I doing it right?

>>2164641
No you moron
Buy high
Sell low

alright guys i only have $100 in ETH looking to invest way more ($1000+), when's a good time to buy? is this shit dipping anytime in the near future before it moons again?

also where's the best place to buy ETH? i currently use coinbase but their charges are way too high

>>2164663
Just buy now

>>2164663
>is this shit dipping anytime in the near future

It's been stabilizing all day, buy in now

>>2164595
Jaxx is Android based, supports ETH and can be linked with Chrome. Has Shapeshift built-in to change currencies in the app. Not open source tho.

is no one paying attention to whats happening right now, or am i the only one seeing it shoot up

I think we might be breaking up right now, boys.

>>2164794
>>2164786
I bought. Is it HABBENING?!?!?!

BUYNOW

>>2164805
it looks like it is,

be still, my beating cock

wow guys I just made a dollar on my original investment neat

https://www.youtube.com/watch?v=VuAZTWGfQTs

>>2164426

Plz respond

Damn, maybe not.

>>2164867
both have been going up consistently with no sign of slowing

that said, im holding all ethereum and dicking off with meme coins. eth is just a better coin and companies are picking up on that

>>2164821
NOT HABBENING! AIDS!

>>2164867
ETH has WAY more potential and upside

what's his endgame?

wew, we mooning now

>>2164663
"Time in market beats timing the market"
t. some old fart

whew, it appears that caesar was actually right
>>2134076

OP BTFO

>>2164497
>I can't make money its too hard, if you have money you didn't earn it
Get the fuck off this board you faggot.

Are we mooning? Can I finally get a chance to close out this god damn long?

We're gonna make it boys

>>2164497
True, my parents actually cut my arms and legs off when I was born, as well as birthing me into poverty. People who think they are self-made athletes are morons.

it hapbdqening boys

look at this and tell me what you see

>>2164542
>America's middle class is shrinking not because so many are moving into the lower class, but because so many are moving into the upper class.
That's just completely false, it's the opposite. Look at any wealth distribution chart.

>>2166276
some red and blue lines.

>>2166314
good for you! now go color your coloring book the adults are having a discussion

>>2166276
Good luck basing your entire evaluation of a company or technology on lines.


ETH HITS 250
>B-but it's a bubble
ETH HITS 500
>b-b-but its a bubble
ETH HITS 1000
>REEEEEEEE

ETH GOES DOWN TO 850
>S-seeeeee told you guys it was gonna pop

>>2166343
i was pointing out the interest over time and subsequent rise in price you utter moron, should have included a price graph too i guess.

prepare for apocalypse

>>2166365
hey! you're late!

>>2166365
does this mean ETC sucks too?

>>2166398
he's been posting this same image since ETH was ~$50, even before that

>>2166365
You need a new "infographic" at this point.
2/25 dated and I got in back in early April.

>>2166365
Well shit, now im rethinking my ETH holdings

>>2166423
That doesn't mean what he's saying is wrong. I think these are moreso long term issues that will cause people to abandon once they arise

>>2160072
ETH is only 11.7x less than BTC.

Come a long way from 80x in February

>>2163509
Yeah but what are they doing? Are they all investing lots or is this just some overblown list of "We support ETH and think it has a great future" ?

>>2166580

JP Morgan have demod Quorom for starters, looks neat.

>>2164542
Wrong

>rising steadily
>even severe dips bounce back in a day or two
>tech is seeing more and more adoption so the coin will see more and more use

Is there any reason I shouldn't borrow margin funding for thirty days at a time to triple my gains? I realize I can lose all my collateral if it irreparably crashes but that doesn't seem likely.

https://twitter.com/consensysandrew/status/867289899082412032

The truth is starting to surface

I need to cash out and get some fiat, should I do that now or wait a little longer?

>>2168453
you fucking wait. faggot

>>2167285
Bitcoin is fucking OVER

>>2168742
yeah, people getting delusional. Should cash out tonight.

>>2168742
Is going into USDT safe?

WE

ARE

MOONING

>>2169087

> tfw this is my first moon

So I just purchased $10,000 worth of ETH on CoinBase, and it'll take until the 31st for the funds to clear. I just hit the time limit for me to cancel my order, and I'm locked in at $198.00.

Please /biz/, for the love of God pray for me. Give me all of the meme power possible.

>>2168742
>>2168906
FUCK. IF BITCOIN DROPS, THEN ETH WILL TOO SINCE IT'S TACKED ONTO BTC, RIGHT??

I CAN'T LOSE THIS CASH. FUUUUCK!!

>>2169231
It will dip because you bought at ATH. Don't panic, hold your ETH.

WE'RE ALL GONNA MAKE IT.

I was going to put everything into ETH last night but decided to do it tomorrow

>>2164641
ETH dips are tiny though, really not worth the risk of mistiming it and ending up having to pay a higher price for your moon ticket.

>>2169247

If BTC dips, ETH and others rise. People will store money in other coins.

>>2169260
http://vessenes.com/ethereum-contracts-are-going-to-be-candy-for-hackers/

What's the chances that articles like this will affect the crypto's future price until the 31st?

>>2168453
>I need to cash out
When do you need the money by?

>>2169280
Bitcoin will dip in June when the chinese start to sell their Bitcoin by the masses

>>2168724
Holding seems to have paid off, thanks anon.

>>2169309
Strictly speaking I don't need the money out at all, but my bank balance is getting dangerously low. Polo is taking ages to withdraw, as well.

>tfw you go to sleep with +$15k and wake up to another +$15k on top of that
I want to suck Vitalik off right now.

>>2169247
>I CAN'T LOSE THIS CASH. FUUUUCK!!
That's why the first rule of investing is to only invest an amount you are willing to lose. You deserve to lose all your coins, retard.

>>2169441
I know, by "I can't lose this cash!!!" I don't really mean it by that. I mean I can't lose this amount of money from just doing a dumb ass decision like I just did by buying at an ATH.

>>2169419
your +30k aren't worth anything until you cash them out in fiat currencies or tangible goods. When noobs will realize this, and how a hussle it is to cash out, the prices will drop.

>>2169472
No shit, buddy.

>>2169472
Nocoiner

>>2169472
> t. Nocoiner

WOW I CASHED OUT THE CASH ALREADY AND IT WAS EASY ASF :O

>>2169472
This Faggot. I'm planning to buy an island with ether in 10 years. Why the fuck do I want fiat?

>>2160072
You're a fool. Your money exists to enrich others. You shouldn't be investing at all, but if you already have, you should sell now and I'll take your bags off your hands.

>>2160564
Why Spotify?

>>2170055
yes goy sell everthing, exchange to fiat and buy lots of goods

>>2170077
They purchased a blockchain development company in April with the goal of using Ethereum based technology to fix their problems with paying the rights holders for getting plays

>>2169472
>mfw people need to cash out in order for the price to drop
>not that big of a hussle after all.

>>2169472
>Cashing out

Implying that we don't just hold until Ether can be used to directly purchase goods.

So ETH is more than likely going to drop within the next few days, right? How low do you all think it could go?

>>2170475
look at the trend you fucking negroid

>>2160072
>Should I sell now?
Yes please do. Also go back to /b

COINBASE NIGGERS

REEEEEEEEEEEEEEEEEEE

This thread is funny in hindsight

>>2170475
probably only if bitcoin crashes

Which one of you autists sold at 94€ and rebought at 380€?

>>2171492
did anyone get those

there is no stopping this retarded coin holy shit it keeps climbing
look at the buy and sell walls

>>2171588
>future of the Internet
>"retarded coin"

Ok

>>2171667
its like a kid in gym class who just bites basketballs and body slams the teacher theres no stopping it

>>2171492
Those are bugs in Kraken's trade engine because it sucks massive balls. They're all low volume trades that go through all orders for whatever reason, so it's not like someone market bought for millions or anything.

>>2166365

As an actual dev person let me say this, (I am invested in both coins, full disclosure)

Writing pieces of software in the bitcoin scripting language is a massive nightmare. The turing-incomplete nature of it makes it impossible. Along with the esoteric and non-user-friendly style of the bitcoin scripting language itself. It is a horror story. It is literally a clone of the forth programming language. It is low level, and annoying and forces you to create massive amounts of weird work-arounds to fix that it is so fucked all the time.

Now compare that to ETH/ETC
Fully formed scripting language that is just like any other, very easy to write code in, and very easy to understand. Code is clean/nice. And lots of projects are already being built ontop of ETH, obviously. There are threads shilling for them all the time. It has such a great developer platform and support structure, I can't compare it to anything else available.


TLDR; I implore any of you, even those that are non programmers to look up the wiki page for the bitcoin scripting language, and just look at the code/syntax. Then go look at the massive wiki of beautiful how to's and documentation on the ETH scripting/development platform.

Even a non-programmer will instantly see why ETH is better than bitcoin in this particular area. And why it is a truly novel addition to the crypto-ecosystem

>>2171743
Well that shit is making my charts unreadable.

>>2171763
thanks for the info man
didn't really look at it from that point of view yet

>>2171588
dude, some retard i know just asked me about cryptocurrency. He heard about it on reddit. This thing is about to correct hardcore.

>>2171807

https://en.bitcoin.it/wiki/Script#Stack

It is literally fucking trash pulled straight out of the 80s, look at this shit. You have to be a true masochist to try to use this for anything.

Good thread.

Also

>>2161571
Underrated

>>2171885
>https://en.bitcoin.it/wiki/Script#Stack
holy shit that's pretty fucking low level, like arm asm or something...
but isn't bitcoin already pretty much finished? what other kind of software would you write on it?
I mean I see that for ETH it's pretty important to be as high level as possible for a flourishing dapp market.

sorry for the stupid questions but I'm not a software developer...

>>2172043

Umm it is kind of complicated to explain. Because bitcoins scripting language is about as stupid as a fairly smart calculator, and intentionally ultra-restrictive (for security reasons, think the DAO hack, is the best example for why ETH's non-restrictive language can be dangerous and cause massive issues)

Because of that, most people develop applications that use blockchain by sort of boot strapping themselves onto the blockchain, they use the movement of transactions and third party extensions to build applications onto it. This works out well most of the time. but because bitcoin can only fit (iirc 256 characters?) of arbitrary data into each transaction, this makes it really really hard to build onto it without making everything you want to do require a zillion micro-transactions to do anything useful. It is really hard to build useful applications with this tech.

Bitcoin should be kept as a currency IMO, that is what it is designed to do, and when people started using it as a massive multi-purpose trust platform is when everything went to shit. It isn't built for that really, and all the weird hacky-applications for it are mostly fucky. This is the reason ETH exists.

I would say that calling bitcoin "done" is the wrong way to put it. the developers have an exorbitant amount of power in reality. They could make it Turing complete if they wanted. They can change the node software however they want really. It never really has to be 'finished'.

Some of this was a bit high-level, but I feel like I explained it fairly clear I hope?

Who's still buying at these prices. Anyone here?

>>2160094
Wait for those normie fucks to put money in ETH like its the new BTC and then sell. I think ETH will be about 1/3 the value of BTC at its peak.

>>2172615
Holding like a Franciscan Monk until tomorrow

If it spikes with the announcement, I'll be SOL, but that's what I've got extra in ETC for. Next week all the normies will get their Coinbase deposits from the past few days and the whales are going to feast. That's when I'll look again.

>>2172605
Yes, thank you!

Who the fuck sells on a downward spiral like this when its 99% guaranteed to be at a new all time high in no time?

i dotn fucking get people

its like the opposite of catching a falling knife

why? surely nobody can have this weak hands

>>2173238
SELL

>>2173251
no im serious. it cant all be bots, can it?

>>2173294
i think a lot of the people who are buying do not realize how markets work. they see a bunch of sell orders and they think that the price is gonna drop hard so they sell off

>>2173318
yeah that seems to be the only explanation

>>2169472
Redpill me, why can't I just withdraw money to my bank account in chunks under $100 on coinbase?

>>2163697
Eth is the default "fuel" for smart contracts. If companies began seriously using the Ethereum network ether would be exchanged in massive amounts for goods and services

>>2172615
Just put 2 more grand in today so I wont kick myself when it hits 1000

>>2172615
bought 12 at 194, had to get my money out of DGB and XRP

>>2163304
The fuck is this supposed to even mean, bro?

>>2160390
84 to be precise

stable 200 incoming

>>2160072
honestly you and everyone else here needs to stop getting news from biz and thinking it's great/end of the world shit. Try, just make and attempt to do your own research.

>>2164528

I'm actually a 'self-made' multimillionaire at 27. I recently sold my software company for 7m.

However, I'm not dellusional enought o discredit my parents for sending me to a good school, being supportive of my dreams, and providing a good safe household to grow up in - things that the vast majority of people do not have.

People cannot start businesses when they're grinding low paid jobs because they grew up in a shit environment and have little to no education.

Oh, and since selling my company, I've made an additional 5m from ETH. Enjoy being poor.

>>2164542
"Look, this one black man from Africa who grew up starving with abusive parents managed to become rich, therefor poor Africans are not disadvantaged, they're just not trying hard enough!"

Learn to argue like an adult.

>>2173356
most ppl dont know

>>2177252
proof of claims btw?

>>2173415
There are limits per exchange on how much you can withdraw per week. That being said I withdrew $3500 on an ACH transfer without any problems. The issue is not getting out of a coin to fiat it is the wait period for the deposit and liquidity of the exchange itself.

If users feel uncomfortable then spread your coins across multiple exchanges. Better yet backup your private keys and add your coins to a hardware wallet. Store them away because in a few years they will be worth quite a bit.

Fellas, I need some help.
I tried to create a personal wallet with the official Ethereum client. After creating it, I went to my Livecoin account and tried to send .01 ETH to myself.
The .01 was subtracted from my account, but it has not appeared in my wallet in over 12 hours. What the fuck is the deal here?

>>2178829
.1 I mean, not .01

>>2178847
did you try looking up the Txid?

>>2179106
Yes. The one displayed on Livecoin is the same one that's displayed in the Ethereum wallet program. Livecoin says the .1 was sent.

>>2179128
Did you try looking the txid on etherscan.io?

OK ETH-HEADS WHERE ARE WE GOING

PUSHING 215 ON COINBASE RIGHT NOW

WHERE ARE WE FUCKING GOING

>>2179156

To a small crash within the week I hope, I want in on more cheap ETH

IM REALLY WORRIED THAT ITS $213 ON COINBASE RIGHT NOW BUT ONLY 190 ON BITFINEX AND POLO

LMFAO THIS SHIT IS CARAZY!!!!!!

IM SO FUCKING ANXIOUS RIGHT NOW

>>2177252
>Learn to argue like an adult.

You said rich people didn't earn it. I proved that, in most cases, and especially in the US, they did. Which means you're wrong.

Plenty of people have "a good safe household to grow up in" but they have to put in effort to become rich. And those are a damn sight more common among the rich than heirs who don't manage to squander their fortune.

217 guys aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Student here. Sold my motorcycle awhile ago and today decided to invest half what i got into 10 shares of eth. Planning on letting ride but ultimately what do most of you guys anticipate on cashing in? Like long term are we talking 2 years or like a decade or more?

>>2179193
i can only assume they have some sort of algorithm that raises the price of ethereum in relation to bitcoin also going up and are speculating on the price in the near future. either that or they are scalping hard, but i've never seen such a price differential before

>>2179344
Look up how internet stocks behaved for the decade after, oh, say, 1997. Compare it to how the internet itself changed.

>>2179156
$175 after a small crash. Someone's moving a shitload of BTC into ETH

I AM NOW UP $5,000

OMFG

I LOVE YOU VITALIK.

IM MAKING SO MUCH MONEY AAAAAAAAA

>>2179367
same

typically (over the past month) bitfinex and poloniex both were paying 3-4$ premium over coinbase price when it came to USD/ETH

but now we are just pumping hard and its clear that coinbase is the price leader

I AM GETTING $1000 CHECK SCHOLARSHIP NEXT WEEK, PLEASE MOON ROCKET WAIT FOR ME

>>2179153
Yeah, that's what Livecoin takes me to. It shows the same address.

>>2160072
I bought a 1 single ETH at $170 a couple of days ago (Coinbase). Wish I had bought more.

Would it be stupid to buy a few more tonight in anticipation of the Token speech tomorrow?

>>2163905
>maked

Seriously guys, why is Coinbase almost $20 off other exchanges?

>>2179419
It would be stupid not to

Sell your car sell your house, there ain't no time to wait

>>2179429

Trying to jew you probably

>>2179420
>poor college student make ~19k per year with part time job
>no expenses except tuition cause live at home
>put 10k over the course of a year into BTC and recently ETH
>already made 22K profit
i love you guys

>>2179344
ETH is a long hold. I'd say years personally.

The tech behind it requires huge amounts of dev time to both understand and adopt. Decentralized computing is really complicated and not a lot of people are good at it, but this has real-world use cases in a similar vain to Amazon's Cloud Compute.

A lot of enterprises are interested in it because of outages from major companies. AWS going down means that a lot of companies lose millions. Same with Azure. Everyone's getting scared of putting all their infrastructure on the east coast or in silicon valley, and ETH's contract system is something a lot of people are interested in as a result.

Throw the money down the pit and forget about it. If you're looking for short-term gains, go buy some memecoins. This one's gonna be big though.

>>2179429
Kraken: 192
Gemini: 208
Coinbase: 215

Some niggas need to start arbitraging this shit.

>>2160072
This shit doubled 5k for me, thinking of adding another 50k but I don't want to be that guy who lost a ton of money on some idiotic intangible asset.

>>2164426
go 50/50
Game theory and all, if one of them dies, the other is probably mooning.
If it's bitcoin doing the dying, there's a chance eth dies too, but not the other way around

>>2179429

why is bitcoin almost $3000 on bitflyer but only $2500 on coinbase

I just made $1200~ in the last 24 hours.
Thank you ETH.

MY DICK CAN ONLY GET SO ERECT

ETH PUMPING LIKE A MOFO ON GEMINI FAMILAM!!

>>2179491

THE BIG BIDS JUST KEEP CLIMBING UP

>>2179473
its an exchange market so people are selling it at that price through them.........

>>2179457
I'm in the exact same situation as you

FUCK anon. I just wish I had more balls

Maybe this is the time to have balls. If we lose it, we just have to wageslave some more. It will give motivation

And if it crashes we just hold until it goes up again which it will

I WANT TO GO ALL IN

I WANT TO BELIEVE

>>2179533
no I understand

>>2179522
Is this that CNBC Boomer ca$$h flowing in?

THE BIG BIDS ARE GONE

PANIC

>>2179540

I think it's just alt coin dip money being pushed back into the big boys

>>2179540

GENUINE NORMIE BUX YESSIR

Keeps going up lads, good lordy

>>2179535
when it crashes, and it will, you could be bagholding for months.

why not just not be greedy, pull your money out or put it in LTC or something, then buy back in on the inevitable dip?

I dont understand you faggots. It's like you're new to 4chan and don't remember the bloodbath of January, 2014

>>2179535
Go hard, Anon. We're going across the Pacific on our yachts.

>>2179535
Don't get too greedy anon. Play ETH (and really any non shitcoin) as a "slow burn" strategy...just putting in a little bit at a time, that way if shit really hits the fan then you don't have your life savings tied up in any one investment.

>>2161398
Is there a porn coin yet?

>>2179608
yeah, Cuckcoin

>>2161229
I can see NSA trying to destroy this.

Thinking about exchanging some ETH or BTC for that Litecoin dip but they just keep going up

I can't pull the trigger

>>2179680
hodl man...this is a long con. You're going to live long and have a prosperous life, plenty of time to watch your investments grow. Don't cast them off before they've had time to work for you!

Wow. I was crying when I missed the $40 - $80 jump, after having missed it last year when it was under $10

Then I see the jump to $120, am just apathetic at that point

>$210

What the fuck? Nearly made me kms, desu

>will never be rich

OH FUCK ALMOST AT 200 ON KRAKEN

>>2179712

its never too late to buy in
I made $1100 in an hour tonight

I only scalp, I never hold long term
as long as you know how to read the charts you can trade this, just like stocks

inb4 i get called a cuck and other dumb shit

>>2179712
Still got time, imagine 2-3 years from now when normies hear what companies back it.

213 today is 3000+ tomorrow

>>2179724
Are you retarded?

It's $213 at coinbase

>>2179733
How are you doing overall? Like vs just holding.

>>2179744

the point is GDAX was the one hitting 218 and that might be inflated and about to re-adjust

>>2179746
obviously I would have made a lot (A LOT) more money if I just bought and held since I started trading this shit (a year ago)

but I just cant sleep well when I hold crypto overnight

it is my curse and I adapted to it

>>2179712
Just get in and stay in, mother fucker. DO IT. Don't be a pussy.

Even if it crashes, you'll be able to live with yourself knowing that you at least tried. Don't be that guy who goes his whole life playing it "safe" and missing every opportunity.

>>2179758
the arb window is closing

>>2179762
You can't sleep well?

I get excited to go to bed. Every morning I wake up to 4 digit gains

>>2179773

I have 5k in the bank how much ETH should I buy

>>2179762
how do lowgains feel bro?

>>2179803
theyre alright

>>2179799
Only invest as much as you're willing to lose.

>>2179799
all you can, dude, i am literally sitting on just enough money to pay rent in 5 days, then i'll spend all my extra money again, this shit is mooning

>>2179799

I'm already about 4k in on it, probably gonna drop like 3-4k more

>>2179836

I am incredibly miserly with my money, but I feel like I need to spend at least 1k to make significant gains from this.

I literally don't buy anything but necessities, I could probably afford to start buying a few coins a month.

I have a dream anons

>>2179799
Depends how much you need to live. I wouldn't go over 1k if that's just sending money
>>2179864
I wasn't going to post this and closed out of my phone til i see your comment, do it.

Coinbase wants me to wait 24hrs and is down anyway, is there another way to buy ETH?

>>2179872
Spending* saw* phone autocorrect

Just doubled up my ETH. Come on and fuckin mooon.

I-it will happen...r-right?

>>2179886
Gemini, Kraken, Poloniex, Bittrex...

I get a sign on bonus of 7500 near the end of June will that be too late to shove it all on ETH? Should I go with LTC instead?

>>2179886

Livecoin is the new hotness

>>2161518
Literal buttcoin

>>2179905
LTC is dead dude, literally end of road

>>2179905

There is no "two late" depending on how long you're willing to wait

ETH will be going up year by year. LTC? not as proven

>>2179937
Thanks mate, will probably dump onto ETH and then just ignore for 5 years, see where that takes me

should I sell tonight and buy back tomorrow when eth is likely cheaper? Seems like it's bound to go down

>>2160072
Sell and buy moon

>>2180019
Lets be real. unless your selling a shit load of eth it might be worth the gamble. If your only selling 1-9 or whatever the fuck you might make $20-40 but what if there's no dip or a small dip? you got fucked. Risk/Reward mother fucker.

What's the fastest way to increase my buy limits on Coinbase? I want to be able to buy $8000 worth of ETH.
Is there another exchange I could use?

>>2160639
>work
>success
Uh....sure

>Every time I refresh the page I make more money than I do in an entire day of wagecucking

I don't know how to feel about this anymore, I'm getting numb

>>2180341
Just keep watching that one Vince McMahon gif on repeat.

>>2180257
Please respond. I want to be able to make large purchases every week. How can I do that?

>>2180432
Set up your bank account and upload your ID. Your limit will then be 10k USD

>>2179744
Are YOU retarded?

>>2180599
Are there other exchanges worth using as well? I wouldn't mind juggling with another account.

>>2160072
sell some when it reaches a high, buy back when it hits low. Almost recovered all the money I lost with the shitcoins I still own that are going down.
Not that difficult.