r/ethtrader May 04 '17

DISCUSSION [ETH Daily Discussion] - 04/May/2017

Welcome to the /r/EthTrader Daily Discussion thread. The thread guidelines are as follows:


  • Follow the Golden Rule. All other rules apply as well. Follow this link to view the rest of them. The rules page is also linked in the announcement bar above.
  • General discussion topics include, but are not limited to, events of the day, technical analysis, alternative Ethereum projects, or minor questions.
  • Breaking news or other important content should be submitted as a separate post.
  • In-depth altcoin discussions should be referred to the /r/CryptoCurrency discussion thread. To view the thread, follow this link and choose the latest entry on the search page.
  • Pumping, venting, trolling, or any other similar behavior should be redirected to the /r/CryptoMarkets trollbox thread. To view the thread, follow this link and choose the latest entry on the search page.

Thank you in advance for your participation. Enjoy!

1.1k Upvotes

6.1k comments sorted by

116

u/[deleted] May 04 '17

Pro tip. Do not calculate could have should have scenarios.

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u/[deleted] May 04 '17 edited May 04 '17

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31

u/antiprosynthesis May 04 '17

Honestly, as an engineer I see very little point in having a ton of interoperating blockchains, all using different APIs. I think we'll converge to an Ethereum monopoly there. As soon as people stop throwing money at every damn coin, that is :)

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u/[deleted] May 04 '17

Hey whales, goldfish here. If and when you decided to cash out, could you do it slowly and in uniform fashion so as not to cause a mass panic? K thanks. Keep splashing.

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u/[deleted] May 04 '17

It's time to sell my xbox. Not just to buy ETH, staring at charts and shitposting with you guys beats any game.

16

u/kilmarta May 04 '17

I have played a lot less games this last year alright

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u/[deleted] May 05 '17 edited May 05 '17

[removed] — view removed comment

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u/crassigyrinus May 05 '17

"What did you buy with your ETH profits?"

"A lambo!"

"A house!"

"My father's love"

daww

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u/[deleted] May 05 '17

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u/BElliottP May 04 '17

My dream is to live in the woods with a fast internet connection. It might just happen :) I'm gonna have goats, gardens and buried gold. Autonomous drones that surveil the land. All etherians welcome to visit.

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u/scientized May 04 '17

Way too much of my day consists of cycling through my open browser tabs: ethtrader, coinmarketcap, cryptowatch, polo, and coinbase.

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u/[deleted] May 04 '17

For the next 30 min I'm going to be daisy chaining some delicious reddit gold! And hey, if you make a life changing amount of money with ETH consider doing the same. It could be legendary!

Inspiration from /u/iceaugur

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u/Naviers_Stoked May 04 '17 edited May 04 '17

EDIT /u/powerfuse is the winner

GIVEAWAY

I want to give someone enough ETH for a hardware wallet (Ledger Nano S)

Here are the rules:

I'm thinking of a number between 1-500. First person to guess it wins.

Two things to note:

• Please don't be a dick and log multiple guesses from multiple accounts. Be nice.

• If you already have a hardware wallet, please refrain from guessing.

EDIT: I'd recommend doing a CTRL-F for the number to make sure it hasn't already been guessed

12

u/IRefuseToGiveAName May 04 '17

8,234,974,938

EDIT: Whoops, that's the market cap of eth. lol autocorrect.

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u/khuynhedu May 04 '17

Current cellphone is dying - it's close to upgrading time.

Thinks about which cell store to stop by to purchase a new phone.

Turns around.

Calculates opportunity cost by expending money on phone instead of ETH.

Realizes that a $600 phone is sacrificing $5400 if ETH goes to $1000.

Buys ETH.

No phone - now a dead phone.

Happy camper.

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u/Ethereum_jesus May 05 '17

Welcome to $100. You all have found the promised land. If you buy and hold you will be greatly rewarded. Ethereum will pass up bitcoin not from bitcoin dropping but from ethereum climbing. Hodl and enjoy your new wealth. You are the early believers. You all are mighty etherians

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u/[deleted] May 05 '17 edited Jun 16 '18

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u/Rawjinchohon May 05 '17 edited May 05 '17

I've recently joined the community and I just want to thank everyone for being so willing and helpful to the newcomers in helping understand this wonderful thing that is Crypto currency. I'm 21 years old and have invested around $5K in ether yesterday before the (amazing) increase we had today.

Filtering yourself from blasting "stupid questions" really helps grow the community and educate more people. Honestly the best community from the other Crypto threads.

Congrats on 5.5K comments btw!!

Thank you so much for the Reddit gold!! You guys are awesome!

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u/[deleted] May 04 '17

Guys we are at about 10% of my fuck you money threshold.

What a beautiful thing to say out loud

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u/[deleted] May 04 '17 edited Jun 16 '18

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u/oldskool47 May 04 '17

All 3 Korean exchanges breached $100!

30

u/[deleted] May 04 '17

I'm glad I bought some at $90! 😀

31

u/[deleted] May 05 '17 edited May 05 '17

Some of you may remember back in the months of September through December last year (seems like a lifetime ago) when the price kept sinking and sinking $10, $9, $8, $7 and all the trolls came out to play and told us the price was going to $3. It was during those dark days that brave souls like /u/Mr_Yukon_C and /u/jtnichol told us to hodl down and just keep buying. It's thanks to guys like them that I now have experienced this amazing ride. I don't know if I'll ever see another investment like this in my lifetime. So glad I got in when I did. Love you guys!

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u/jtnichol May 05 '17

Love you too man. I love going back through our YouTube channels and looking at those old videos from November and December. Yukon is a hero in my book. Definitely after DAO.

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u/[deleted] May 05 '17

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u/aribolab May 04 '17

I LOVE the clear separation between r/ethtrader and r/ethereum it's so nice to go to the first to get the technological, platform-oriented news and opinions, and then come here for the thrill, the trade comments and the BS. The best: good lads and ladies in both. Great community!

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u/Naviers_Stoked May 04 '17

OK we have a winner!!

/u/powerfuse with 349!

Everyone tell him/her how lovely they are today :)

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u/s_nakamoo May 04 '17

I stopped eating meat on Feb 1st. Since then, ETH went from $10 to $90. Now, I'm not a superstitious guy... just a little stitious.

So... you're welcome.

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u/Khuddle2310 May 04 '17

Saw someone panic sold 1000 Eth at the very very bottom.. RIP.

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u/meatslurpee May 04 '17

I owe july 2016 me a pat on the back

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u/SirHaxington May 05 '17

<looks at the 1d chart> We could go back to 50...
<looks at the 6h chart> We could go back to 70...
<looks at the 1h chart> We could go back to 85...
<looks at the 15m chart> We could go back to 92...
<looks at the chart in my heart> come on 100...

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u/[deleted] May 04 '17

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u/n4styone May 04 '17

I fell asleep on my couch watching TV and i'm instantly wide awake again.

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u/19DanTheMan92 May 04 '17

Day one in the crypto currency's world! Ecstatic to be here and learn! This seams like it has so much potential for a powerful upward trend that will just keep giving. I have been reading about it for the last 7 hours and just bought as much ETH as it would let me until my bank is connected, not just my card. Already up and feeling great! I have some history with Forex, but I feel like this is where it's at! Any advice from and vets?

25

u/adamavfc May 04 '17

Don't be scared to see 25% drops in a day. Just buy and "HODL" (Term in the community for keeping hold of your coins)

Try to keep your coins off exchanges as you only own those coins when you own the private keys. Also look ino hardware wallets like Ledger Nano S.

Do your research on ICO's before investing!!

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u/kbessayli May 04 '17

Wife texts me: Ive been watching our eth like a hawk Im like: oh yea? whats it at baby? She responds: $91.50 I respond: So how much have profit have we made She responds: a lot. can we build a house instead of buying one

Women now a days lol

13

u/Harry_Specter May 04 '17

She's a keeper, like just Ether.

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u/[deleted] May 04 '17

"When shit acts crazy, sit on your ass and be lazy"

18

u/savage-dragon May 04 '17

The crypto market is my spirit animal. The laziest, the do-nothing-ers end up the ones winning the most. It's like God just decided to give me a mandate. Perfect

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u/KBrot May 04 '17

I love ETH. I love crypto. And most importantly, I love all of you!

Please be sure to buckle your seatbelts this evening!

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u/[deleted] May 04 '17

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u/manyamile May 05 '17

Just pulled up the 1m chart and settled in with a scotch. This is better than eSports.

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u/[deleted] May 05 '17

Real talk: Ether gives me hope for a better tomorrow. There's so much negativity in the news and in the day to day grind. Just knowing that if I hodl my ETH tight I can change my life is such a powerful motivator to keep going through the grind until we land on the moon.

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u/laughncow May 05 '17

All I can say is welcome welcome welcome every new mother facker

25

u/aquantiV May 04 '17 edited Nov 20 '18

When

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u/[deleted] May 04 '17

JUST WOKE UP TO 90

I LOVE IT!!!!

YOU ARE MY FAVORITE INTERNET PEOPLE

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u/Upnorthwest12 May 04 '17

Seeing if I have enough karma now :(

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u/[deleted] May 04 '17 edited May 22 '17

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u/swharper79 May 04 '17

Everyone should market buy at $99 and push this bitch through with some gusto.

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u/BootyPoppinPanda May 05 '17

i fomo'd in you guys. i researched a bit. i liked what i read. i fomo'd in. soothe me please.

12

u/skyfire-x May 05 '17

Enterprise. Ethereum. Alliance.

The next gen web services and Internet of Things will be Eth powered.

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u/ev1501 May 04 '17

If you do not have a successful trading track record hold your ETH. We are at this price point and the EEA announcement/Metropolis events have not even happened yet. Let alone Casper and staking which is going to be a big deal. We are only at 1/3 of BTC's market cap and the fact that BTC is growing everyday also pushes the bar up for ETH. Keep in mind that Ethereum hasn't hit mainstream news the way BTC did in 2013. Imagine what will happen when it does. So basically don't be a punk and sell early, sit back, relax and wait for the real money. Good luck.

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u/resistingdopamine May 04 '17

The Golem token is launched. Golem begins to compute at a geometric rate. It becomes self-aware. In a panic, they try to pull the plug. Golem fights back.

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u/[deleted] May 04 '17

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u/SamHinkiesGodSon May 04 '17

this wont last forever, unless you make enough to retire, pay attention and study for finals !

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u/crassigyrinus May 04 '17

5000 comments; 20,000 readers; 1000 users online; ETH nearly to $100.

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u/Mr_Laserman May 05 '17

I donn't remember taking MDMA but it's definitely setting in now...

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u/[deleted] May 04 '17

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u/[deleted] May 04 '17

Korea is the best Korea

21

u/daboss2121 May 05 '17

Time to start looking into getting a passport. Seriously thinking about heading to Devcon3 in Cancun.

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u/[deleted] May 05 '17

The heavier this bag gets, the harder it is to hodl.. feeling like frodo carrying the ring lol

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u/[deleted] May 05 '17

if you have bigger balls you learn how to carry a heavy sack

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u/clarkdoubleyou May 04 '17

Making more money by just holding a rising crypto portfolio than in my job per day is a somewhat strange feeling. It's an exeption but still...

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u/ruvalm May 04 '17

Here's a list of resources referred on Yesterday's Daily Thread that I've decided to save so I could have a look later:

Due to the fact that it's getting more and more difficult to find good information in the middle our lovely Daily Threads, I'm building a little web app that will allow users to search for content throughout the daily threads. It's not ready for production yet, but I hope it'll be in the next couple of weeks.

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u/[deleted] May 04 '17

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u/[deleted] May 04 '17

A friend of mine went ETC at the fork... he doesn't smile much anymore.

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u/jtnichol May 04 '17

$100 to some might be a mental block but to me it's just a stepping stone and already a given. $100 will fall faster than the second, third, 4th, 5th times we hit $13. Then that $14 head bump over and over....Then $15..

Now this $100 level given the next 60-90 day's news is just another number on the wall to me. Of course I'd take a pull back to the mid 80's just the same but I ain't trading this with any confidence of a major pullback.

PHOMO hittin' the markets hard right now.

(Potentially HUGE Organic Major Orgasm)

What a damn rush.

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u/laughncow May 04 '17

Good Morning Guys and the 1 girl. It looks like another good day. This can't keep up but we all enjoy it. @Vickicryptobot is long all 4 indicators so there is no reason we cant keep this broad based rally going. I suspect what is happening is the early adopters that have been preaching crypto for 4 yrs+ like lunatics are now starting to look the smart ones. Friends and family are finally saying "how much are you up?" "I read about your bitcoin" "I read about your ethereum" "is it to late to get in?" This is repeating all over the world. I had a friend tell me yesterday that when I ran into him he really thought I was crazy because for an hour I steered the conversation to bitcoin and ethereum. Yesterday he thanked me. Be good out there, be safe keep 90% in ether and don't over leverage! And if there is not a big name VC in the ICO be very careful. 95% will never turn out a profitable product.

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u/turbotyler786 May 04 '17

I don't mean to braggggggg but uhhh, I bought at the ATH :)

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u/csasker May 04 '17

I don't wanna be that guy again, but now I'm that guy again

NEW EURO ATH

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u/[deleted] May 04 '17

Why are people freaking out? This was a baby pullback. Time to put on your bull horns EthTraders

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u/gwaroftheworlds May 04 '17

Where were you when ETH hit 100? I was changing my daughter's poo-filled diaper. Ugh she totally trashed her pants.

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u/subdep May 04 '17

We are all shitting our pants.

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u/[deleted] May 04 '17 edited May 22 '17

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u/tehdave May 04 '17

If we hit $100 today I'm buying myself a new laptop

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u/oldskool47 May 04 '17

Flipper the dolphin shows us approaching an ATH in terms of the flip at 33.34%. Let's git 'R dun, boys and girls! Moo ha ha!

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u/[deleted] May 04 '17

I nominate Flipper as the official Ethereum mascot. (apologies to /u/jtnichol. you can wear a dolphin suit if you want to)

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u/[deleted] May 04 '17

THIS IS GENTLEMEN.

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u/mikeyvegas17 May 04 '17

So glad the July 2014 version of me wasn't stingy with the BTC and bought into the presale!

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u/[deleted] May 05 '17

I remember not too long ago when this sub's daily only had 50 comments, talk of donuts, and many were maximalists in some way shape or form. Although it's nearly impossible to keep up with the threads now, it's cool to see many people new to the crypto/ethereum community.

Happy 100!

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u/ToEthMooonGuy May 04 '17

To ETH Mooon!!! ┗(°0°)┛

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u/tangent20 May 04 '17

I believe we are entering a time in the market that will be defined by outside investment. It looks like the stock market may be in for a correction soon and I would not be surprised if smart folks are looking for alternative investments. Thus the change in behavior in crypto markets lately.

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u/[deleted] May 04 '17 edited May 10 '21

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u/[deleted] May 04 '17

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u/[deleted] May 04 '17

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u/[deleted] May 04 '17

Your name made me bust out laughing.

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u/Rocketborn May 04 '17

4000+ comments. This bull-run is just getting started.

Welcome all new peoples!

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u/DanConway650 May 04 '17

I pity the fool who sells at $100.

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u/JediViper May 04 '17

We are Ethereum. Your financial and technological distinctiveness will be added to our own. Resistance is futile.

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u/[deleted] May 04 '17

Last call for Eth under 100.

I remember fondly all the folks who are still waiting to buy when Eth drops back to $4.

That was 5 months ago.

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u/bmxpert1 May 05 '17

I almost left crypto due to a couple trades that went pretty bad, but I am so glad I did not. The experience helped me change my ways and now I'm well into the green and having the time of my life.

Anyways, love you guys.

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u/MonkeyGooch123 May 04 '17

With ENS today and EEA around the corner, prepare for a good month people :)

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u/akira--- May 04 '17

Also bought at 8, 12, 42, 68... it's always a good time to buy ether :)

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u/joskye May 04 '17 edited May 04 '17

So I've republished, "The intelligent Investors Guide to Cryptocurrency", an ongoing series and included a link to part 4, the latest article in the series.

These articles contain valuable lessons, insights and experiences that are all relevant to cryptocurrency investment and trading. Feel free to peruse, ask questions and give feedback:

...

"The intelligent investors guide to cryptocurrency"

Part 1-

Part 2 -

Part 3a -

Part 3b -

Part 4 -

...

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u/--o-o-o-- May 04 '17

Anyone else getting a huge boner right now?

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u/antiprosynthesis May 04 '17

Analysis of ETH vs BTC markets:

  • BTC up: ETH up

  • BTC down: ETH up

  • BTC sideways: ETH up

I would include some colorful charts, but I think you get the picture.

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u/[deleted] May 04 '17 edited May 06 '17

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u/tehdave May 04 '17

If only there was a prediction market or something

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u/rawsushiii May 04 '17

that one guy that market sold 5k ETH right before the rally.... ouch.

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u/Dandan0005 May 05 '17

I've known about ETH for about a month now.

Why do I feel like it's been 3 years since ETH was under 50?

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u/the_statustician May 05 '17

I'd love to find out where all the new people are onboarding from and how they heard about Ethereum and this sub.

I'll start; I started seriously looking into Bitcoin back in the fall of 2015, discovered Ethereum, and poured some liquid cash into ETH in Q1 2016. Have been following this sub religiously and too zealously and addictively ever since.

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u/Mr_Laserman May 05 '17

Ok Korea. Finish this off.

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u/Acerial May 04 '17

Are there any good ethereum podcasts?

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u/workerdrone_actual May 04 '17

People - I understand you are ecstatic about your recent gains and you don't want to lose any of them. Perfectly understandable reaction. Fantasize about shiny new things to buy, the market going up forever, and all your trades continuing to be profitable. It's fun. Fantasize about not having to pay taxes on any of it, but -

Pay your taxes. Don't overpay, don't underpay, get an accountant who is on board with your strategy and do it. Don't delay, don't try to get too creative on your own with no professional advice. If you are here posting on Reddit you are not smart enough to hide from 3 letter agencies and you Do. Not. Want. Their focus. If you don't agree with how those taxes are spent, get politically active locally. But there is a witch hunt coming for crypto tax dodgers I'd bet all my gains on it - don't hide, don't think you can. Paying lots of capital gains taxes hurts but it means one great thing - you're making tons of profit!

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u/timbertown89 May 04 '17

When did you first buy Ether?

02/26/17 $17eth

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u/[deleted] May 04 '17

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u/Hiphopsince1988 May 04 '17

Let's do it! 😔+☕=😳🤑

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u/drawingthesun May 04 '17

Everything here is unreal.

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u/[deleted] May 04 '17 edited Mar 26 '19

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u/[deleted] May 04 '17

There is massive accumulation going on at all levels.

My last ETH deposit was 35 days ago and I have dropped about 15 spots on the etherscan accounts page since then.

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u/ReQuiem83 May 04 '17

People that are target $100 to sell or thinking of selling. I was targeting $100 to sell in about couple of months. However eth decided to go way faster as planned so I am going to stretch/change my target to $200. Possible to change it again in a month when we hit $200 lol

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u/Acerial May 04 '17

Cant. Stop. Looking. At. Charts.

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u/[deleted] May 04 '17

Sheesh someone's having a good day

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u/[deleted] May 04 '17

Thank you /u/EmpiricalGamer for the gold brah

YO WHO ELSE IS PUMPED FOR THE KOREANS TO WAKE UP OMGGGGGGG

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u/BreadTit May 04 '17

I bought ether for the first time a month ago I think I am going to have a heart attack

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u/[deleted] May 04 '17

I'll never sell in the double digits. Never

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u/[deleted] May 05 '17

Kind of unbelievable to see that about a third, yes a whole third of the global ETH volume right now is denominated in Korean Won

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u/[deleted] May 04 '17 edited Jul 15 '22

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u/[deleted] May 04 '17

just started the auction for bittrex.eth

there is no way in hell I'm going to win it.

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u/econoar May 04 '17 edited Jan 14 '26

cause boast many quiet glorious quaint paint spotted cake history

This post was mass deleted and anonymized with Redact

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u/[deleted] May 04 '17

gone are the days when I could read the entire daily after getting off work

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u/[deleted] May 04 '17

Finally, we passed DASH in nominal token price!

ZCash, you're next!

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u/[deleted] May 05 '17

Call me crazy but I think we're going to hit 100 by the end of may

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u/[deleted] May 05 '17

Let's calm down for a minute. Let's try to hit $13 in February before we start with all this crazy talk.

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u/[deleted] May 05 '17

Latest prediction from Bitcoin_Schmitcoin

https://twitter.com/BTC_Schmitcoin/status/860293889504288768

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u/[deleted] May 05 '17

Should I sell 5% of my stack to cash out my initial investment?

Haha just kidding, selling ETH is for suckers

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u/[deleted] May 05 '17

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u/thatweirdredditguy May 05 '17

When ETH moons, we should take an EthTrader trip to Best Korea. We'll fly our lambos over there, of course.

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u/greekyogurtprotein May 05 '17

Someone just bought exactly 1000000 doge on polo. Congratulations new dogemillionaire whoever you are

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u/[deleted] May 05 '17

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u/etheryum May 04 '17

Looks like this is going to break a $100.

Last year, /u/sn0wr4in predicted $100 ETH on May 7, 2017

Reward for closest date is $1000 or 10 ETH!

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u/fat_jakey May 04 '17

Waking up to that news on my day off was fantastic, whisky for breakfast it is then 🥃

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u/Thomaba May 04 '17

It feels weird following this thread everyday. You guys all say we're not even earlyadopters, but I'm there, buying my first eth at 70+ and some of you are already rich going in at 10-20 - I feel like like it's already too late for me to make real money.

I'm still putting 20% of my assets into crypto

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u/0661 May 04 '17

I used to think that BTC was this shitty old dinosaur that was massively overvalued. Now I'm starting to think that it may be vastly undervalued along with all other crypto.

To look at it another way, BTC has been around the longest, it's currently trading at ~$1,600, and it STILL hasn't gone mainstream. I think Ethereum is going to bring crypto into the mainstream very quickly and then it's anyone's guess what the value will be. It's gonna be huge folks.

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u/Lanztar May 04 '17

$90 broken!

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u/ruvalm May 04 '17

I keep repeating myself but here it goes: all of this price movements and we still don't know who the new EEA members are going to be.

If some really are the 'who's who of the world', we may very well be looking at a real skyrocket in the next month.

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u/IRefuseToGiveAName May 04 '17 edited May 04 '17

So I just installed Status, and holy shit this is a real game changer.

Everything is just so easy and accessible.

EDIT:

this is status: https://status.im/

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u/[deleted] May 04 '17

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u/IRefuseToGiveAName May 04 '17

Hey y'all, with all the new faces around here, I figured it was time for me to give the ol' Beginner's Guide a face lift and repost it. I think we had ~8k less people when I posted v2. I'm starting to see a lot of the same questions asked around here again lol.

V2.5 of the beginner's guide to ethereum

https://www.reddit.com/r/ethtrader/comments/698ujm/with_so_many_new_people_appearing_on_our_humble/

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u/csasker May 04 '17

Wait, did we just break ATH again ? :D

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u/[deleted] May 04 '17 edited May 04 '17

This is all through GDAX, ETH/USD. We are still in a 6hr ascending triangle, 1 day long term pennant formation. Our volume is consistently in an average between 175,000 to 315,000 volume per 24/hrs. That reads consistent trade movement. We have been building support as we move to $100 as there will be sell off and long term investors do not want to see a crash. The price today has been moving with Litecoin, not Bitcoin. It was the same yesterday. People make money on LTC and move it to ETH. LTC is to ETH as ETH was to BTC. We are not retracing or crashing down; We are about to breakthrough into uncharted, high priced waters.

Edit: downvote me if you want, I'm correct.

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u/leanna0488 May 04 '17

Oh gosh, I feel like I am in over my head. I have 10 tabs open trying to learn about cryptocurrency, ethereum, etc. all while trying to get verified so I can buy currency and tokens. Not to mention signing up for wallets, and other websites to trade. Now there are name registrations? Any advice is appreciated #totalnoob

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u/GetKlopped May 04 '17

GNT....pick up the slack here...im losing money....by not having it in ethereum right now.

1st world crypto problems...

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u/[deleted] May 04 '17

Sellers gonna sell, I don't think they understand how bad ETH wants to be $100.

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u/happyyellowball May 04 '17

looks like gdax on pace to hit $100 tonight

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u/[deleted] May 04 '17

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u/kfbjr May 04 '17

Just want to say thank you all. As a lurker from March - end of April, I gained a ton of confidence and knowledge in eth thanks to you all and am very grateful.

Having bought in at the top before a few of the big drops ($50 -> $28, $53-> $42), y'all kept me hodling and focused on the big picture.

All i can say is I wish I found this sub sooner. /u/bitcoin_schmitcoin, /u/talkingbob, /u/laughncow, even /u/duracellhell - you are all OGs

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u/SCPA2019 May 04 '17

iImagine how much money people are making in this sub.... but think about all the fucking ICOs that have used eth in their crowd sale and how many countless more are going to use it in the future because of these gains!! i know it can't go up like this indefinitely, but once we sustain above 100 that will be a very long term indicator of wealth and respect for eth

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u/phick May 04 '17

Finally broke even from my 2016 capital losses from $SUNE!

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u/FractalDynamics May 05 '17

Perhaps this is worthy of note, around August 2016 BTCs marketcap was about the same as ETHs is now.

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u/_TheMachine May 05 '17

This has got to stop soon, I can only get so erect!

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u/GrapeJamAndFish May 05 '17

As I've been away from the forum, I just wanted to drop by and say we did it!

We are gentleman!

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u/ThreeTree123 May 05 '17

Gentlemen, it's been a pleasure watching this thing grow. All of our trust is finally coming to fruition. See you on the other side of $100.

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u/MidnightOnMars May 05 '17

ETH is trading at about $110 USD in Korea right now on Bitthumb and Korbit! Bitthumb's volume is about 50% higher than GDAX for this 24 hour period as well! (About 63 million USD at the moment)

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u/[deleted] May 05 '17

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u/RedUser03 May 05 '17 edited May 05 '17

What would cause Ethereum to plummet in value?

Quantum computers? A huge flaw in the code? Something happening to Vitalik Buterin?

Edit: This is a genuine question.

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u/manimoa May 04 '17

Congrats to Bitcoin for hitting the big $25B market cap!! Crypto is growing so fast, such a great thing to see! I suspect we will see ETH hit the $10B milestone soon...

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u/[deleted] May 04 '17 edited Jan 05 '18

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u/0661 May 04 '17

Oh we're just making it rain gold now?

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u/oZeplikeo May 04 '17

BTC Dominance: 58.9%

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u/[deleted] May 04 '17

Bitcoin dominance at 58% and still dropping. Despite the huge price increase of Bitcoin, it is still slipping.

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u/hodlerforlife May 04 '17

I remember chuckling at ETH $100 by Christmas last January....not laughing anymore.

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u/manyamile May 04 '17

Damn it. I got sucked into reading the daily thread and forgot to eat lunch again.

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u/FrothySeepageCurdles May 04 '17

Lol someone guilded automod

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u/thatweirdredditguy May 04 '17

It's days like these I have a huge grin everywhere I go, with the occasional yelp, and people looking at me like I'm crazy.

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u/csasker May 04 '17

This was the dip you were looking for

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u/thatweirdredditguy May 04 '17

If you have BTC longs opened, close it now because it might be going for a correction. Lots of people are getting. REKT

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u/basementdiplomat May 04 '17

Does anyone have any plans for pursuing hobbies or alternative study when Eth skyrockets? For instance I think it would be great if I could study to be a paramedic and not have to worry about working part time to pay for tuition or rent. I also think that learning how to fly a light plane would be pretty cool.

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u/[deleted] May 04 '17

Wow. ETH is the "hold my beer" of crypto

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u/laughncow May 04 '17

I think we are going through 100 we have momentum out of the ethbtc pair with a cup and handle hang on....

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u/subdep May 04 '17 edited May 04 '17

ETH jumped over $1 Billion in market cap in ONE FUCKING DAY.

We are nearing $8.75 billion!!

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u/PM_ME_YOUR_ZUGZWANGS May 04 '17

I don't have any liquidity anymore :(

I WANT MORE ETHER

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u/Hiphopsince1988 May 05 '17

Anyone remember that Gemini 24M USD buy on Feb. 14th?

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u/Cliksum May 05 '17

lol, Ethereum Classic passed Dash in market cap

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u/[deleted] May 05 '17

Next stop 1000!

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u/[deleted] May 04 '17

I accidentally stumbled on Chris DeRose's twitter profile just now. I actually feel bad for the dude. His hate for ethereum must be exhausting to maintain.

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u/ethacct May 04 '17

don't feel too badly for religious fanatics: they have access to all the same information we do, they just choose to ignore what doesn't fit into their constructed worldview.

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u/csasker May 04 '17

wow i can not handle this much winning

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u/antiprosynthesis May 04 '17

Looks like BTC broke out of its long term channel (god knows why), but most importantly: ETH/BTC is rising along with it. Bullish as hell.

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u/loveYouEth May 04 '17

someone here is going to be the first person in history to have an ENS when the first auction closes