[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 162 KB, 730x1095, 1355597941378.jpg [View same] [iqdb] [saucenao] [google]
2780278 No.2780278 [Reply] [Original]

Why is ethereum crashing?
I was expecting everyone to get under ETH umbrella while weathering the SegWit.

>> No.2780284
File: 17 KB, 450x370, 1498525095398.jpg [View same] [iqdb] [saucenao] [google]
2780284

>>2780278
>expecting everyone to get under ETH

>> No.2780297

>>2780278
who is this semen demon op?

>> No.2780310
File: 212 KB, 730x1095, 1355597981867.jpg [View same] [iqdb] [saucenao] [google]
2780310

>>2780284
Well, maybe not everyone but the majority.
>Put 20, 30 percent on LTC as failsafe, assume everyone else will do the same and gain short term from ETH, after SegWit return to your original portfolio.
Just explain to me why did ETH lose half of its value.
>>2780297
Impossible to know. It has entered to my collection at 2012, vintage as fuck as you can see.

>> No.2780319

>>2780310
nvm found it

>> No.2780324
File: 105 KB, 730x1095, 1355598016188.jpg [View same] [iqdb] [saucenao] [google]
2780324

>>2780319
Why don't you share then?

>> No.2780328

>>2780310
>Just explain to me why did ETH lose half of its value.

Jews cashing out the money from thier ICO scams.

>> No.2780335
File: 337 KB, 500x375, 1494178092518.gif [View same] [iqdb] [saucenao] [google]
2780335

>>2780328
But why the merchant prefers ETH specifically in spite of other currencies?

>> No.2780390
File: 179 KB, 800x1200, 4f65e67522fdf.jpg [View same] [iqdb] [saucenao] [google]
2780390

>> No.2780393

>>2780390
stealing OPs girl, not cool

>> No.2780397

>>2780390
I want to piss on her tits.

>> No.2780398

>>2780390
nice nipples

>> No.2780409

>>2780278
Nobody knows, just like nobody knows just what the hell they're purchasing with coins. It sure as hell ain't ownership.

It's all gambling simple and plain

>> No.2780421
File: 116 KB, 900x1200, sugarplum_by_emzamara-d5g5zw5.jpg [View same] [iqdb] [saucenao] [google]
2780421

>>2780409
Well, can't we track it down though? I'm no expert but theoretically the sell volume of ETH must correspond to a buy volume of X coin, or fiat. By normalizing through matching the aforementioned volumes' fiat correspondence to its value on the day of transaction, the trail should be recognizable.
>>2780390
see >>2780393
Bad form faggot.

>> No.2780423

thanks op i came on cat she hiss at penis

>> No.2780429

>>2780278
- there has been a massive rise, now there is correction
- Eth is way less known than bitcoin, most normies and likely big investors know Bitcoin and that's it. Eth bubble.is like BTC's 2013
- segshit or not, BTC is clearly the most conservative, mature, secure, well tested coin. It's where people go to in the storm
- also, 95% of BTC community is behind segwit2x. Bitcoin finally has a path forwards. Just a few inconsequential drama queens dragging their heels, but they will be ignored and can fork off if they like

>> No.2780451
File: 134 KB, 1000x1504, 1242114025174.jpg [View same] [iqdb] [saucenao] [google]
2780451

>>2780429
>95% of BTC community is behind segwit2x
Proofs?
>but they will be ignored and can fork off if they like
Yeah, if 5% forks off, it will became a shitcoin, that is obvious.
>It's where people go to in the storm
>BTC drops from 3k to 2.2k in 2 week
>It's where people go to in the storm
Really, faggot?
>there is correction
Crpto corrections for big 3 was always softer though. Wasn't it? I'm not entirely sure now.

>> No.2780509

>>2780451
*The crypto that people go to in a storm. Of course lots cash out. But considering Eth Vs BTC

>> No.2780519
File: 41 KB, 500x500, 1352537511216.jpg [View same] [iqdb] [saucenao] [google]
2780519

>>2780509
>shilling for BTC
Old habits die hard, ha?

>> No.2780545

>>2780451
https://coin.dance/blocks

Only like 87 percent currently.

>> No.2780548

>>2780278

I don't know how you guys look at the charts, but it's pretty clear to me that the crash is over. I think other people will figure it out today too.

There's no doubt that some people pulled out into fiat to "wait out the storm" and are looking to get back in when the recovery begins.

We hit the bottom 3 days ago (the 11th). The low point on the 1D candle has been increasing for 4 days in a row now. That's something we haven't seen since June 27th.

Also note that we had a rise of 17.5% on the daily candle of the 12th, so yesterday was bound to pull back.

When today's daily candle flips green we may see an unprecedented wave of FOMO.

>> No.2780796

>>2780278
ICOs are slowly dumping their money, still. You'd have to be nuts to think that ether is safer than Bitcoin. I think people will either change to LTC or fiat to prepare for Aug 1st. So expect everything to crash as we South that date. Lots of opportunities to make money there!

>> No.2780806

>>2780548
you holding any alts besides eth?

>> No.2781063
File: 84 KB, 700x525, 387024_337787699645359_1518612510_n.jpg [View same] [iqdb] [saucenao] [google]
2781063

>>2780796
>ICOs are slowly dumping their money, still
Now that is an argument. I can rationalize it now. And this dumping probably caused panic along with bear market prophecies, then ETH plummeted.
>Lots of opportunities to make money there!
I want to buy BNT bags desu, but given that its value is pinned to ETH I can't go balls in.
>LTC
Shitcoin

>> No.2781081
File: 248 KB, 1280x853, 1339856304672.jpg [View same] [iqdb] [saucenao] [google]
2781081

>>2780545
Thanks.
As far as I read, they need >95%, right?

>> No.2781832

>>2780545
>https://coin.dance/blocks

Wrong. that may be 90% of mining pools. But only 45% of all miners are actually signaling segwit.

>> No.2781846

>>2780390
Beautiful.

>> No.2781857

>>2780429
>well tested

Kek it has no features.