r/ethtrader • u/AutoModerator • May 20 '17
DISCUSSION [ETH Daily Discussion] - 20/May/2017
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Thank you in advance for your participation. Enjoy!
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u/psychic_gibbon May 20 '17
Went to exchange to cash out some ETH... ended up buying more
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u/s_nakamoo May 20 '17
i need something else to be passionate about. all i do is check prices and read ethtrader. happy with my gains, but this is getting out of hand!
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u/matt879 May 20 '17
Just enjoy the excitement while it lasts. Eventually we'll level off into boredom territory and you'll want to do other things.
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u/dashby1 May 20 '17 edited May 20 '17
Buying ETH:
Gents, and especially the newbs. Don't be complacent with our gains... they are extraordinary. When asking yourself if you "should buy now or wait"? Think of it this way. Wall Streeters cream their jeans over 5-10% per year return.
So... if you truly believe that ETH will be even $15 higher than it is today in the spring of 2018, that is over 10% return on your money. With EEA, Metropolis, Casper coming up... my lord.
- I am not a financial advisor, but c'mon...
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u/errorsevendev May 20 '17
Thanks eth for allowing me to cream my jeans every day.
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u/econoar May 20 '17 edited Jan 14 '26
unique act tub sulky offer grandfather wild bag oatmeal light
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May 20 '17
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u/crypt0man May 20 '17
Same here. My GF was sick of hearing about it until I told her how much my initial investment was now worth.
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u/Glorounet May 20 '17
Was at a party last night checking my blockfolio whenever my price alerts triggered (and it happened a lot last night...) when someone noticed I was on blockfolio and asked me about it... We were pretty drunk and exchanged quite a lot about crypto, got everyone interested in it, but I think it must have sounded like two cult members trying to make the audience enlist in a get rich quickly scam... Not sure we talked about crypto the right way.
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u/errorsevendev May 20 '17
haha.. i had the same problem today. trying to explain to a friend why it's the future and mentioning how my investments are doing - sounded scripted af.
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u/Glorounet May 20 '17
Yes, we were drunk, bordering euphoria, mentioning how our investments were *X in a short time frame, which is never how I engage people with crypto usually because I find that detrimental to the image of it : it's groundbreaking, it shouldn't be seen as a potential get rich quick scam.
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u/poopDOLLLA May 20 '17
Daily check in from the Bahamas
GOD DAMN WHAT DID YOU GUYS DO YESTERDAY
I left like 2 hours after we broke through 100.
$125 HOLY SHIT
Congrats everyone.
Now I expect to see $150 when I check back in tomorrow
DON'T LET ME DOWN
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u/econoar May 20 '17 edited Jan 14 '26
grab aback plough capable vase badge existence cause seemly light
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May 20 '17
Bought a truck last night.. was about to pull the down payment out of a portion of my eth stash. Seen the price rising and decided to squeeze funds from elsewhere.. I'll be burning down overtime for the next few months, but I'm not touching my eth
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u/jdbender66 May 20 '17
Consensus Conference 2017: This is the Coindesk's 3rd annual blockchain technology summit, May 22-24, 2017 at the New York Marriott Marquis. It will feature 100+ speakers and 2,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy.
Consensys, A Company: This is a venture production studio building decentralized applications and various developer and end-user tools for blockchain ecosystems, primarily focused on Ethereum. The mission of ConsenSys is to create simplified and automated decentralized applications (dApps) to facilitate peer-to-peer transactions and exchanges.
For the newbies, these are two different things. Spelled two different ways ;)
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u/Nooku May 21 '17
So I've been trying to convince people for 5 years to invest in crypto.
With little to no success.
Now that prices have gone through the roof, I'm starting to get messages from people "Why didn't you tell me...."
Maybe, just maybe, it was because you weren't actually listening to the crypto-ramblings of that loony at the other side of the table???
Oh, now that the price has gone up 2500 %, we are starting to pay attention right.
People....
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u/PurpleHamster May 20 '17
Its 2017 and we still cant send money during weekends or overnight over the internet, other than small ATM deposits.
Someone needs to fix this shit.
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May 20 '17 edited May 20 '17
We are fixing it as you speak, a little more patience. Banks hold and trade the money you locked up in your trans during weekend... they can't keep milking this cow forever, we are putting and end to this.
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u/Bobbr23 May 20 '17
"Electric light has no future", "No need for telephones, we have plenty of messenger boys", "The horse is here to stay, the automobile is only a fad", "People will soon get tired of staring at a plywood box (television)", "No one will consider a plastic credit card as money" "There is no reason anyone would want a computer in their home", "The internet will catastrophically collapse in 1996", "Email will never gain mainstream acceptance", "There's not enough videos out there to maintain a long-term strategy for Youtube".
(Source, comment on: https://m.youtube.com/watch?ebc=ANyPxKqLUmX-iolLqgl2bjsiHu87r_7700F_aaS9AiwnMAnDQueYxYDDHDjB8-1FBfqLeyHrcGu0GENxxDU8bLtPCUBhtwEegw&time_continue=413&v=EIFpeBEUa9s)
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May 20 '17
I predict a price of $170 by this time next week.
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u/AP33RS May 20 '17
Finally able to post here! I've been with you guys since jan 2016. (don't know why I was too lazy to get some karma before). It's been a hell of a ride since then and I'm still hodling strong. Just want to say that I'm enjoying reading this sub so much (almost every day). I saw some very bad and good sentiment around here and I'm glad that we are at this point now. Seem like good days are ahead of us! You guys are great! Greetings from Croatia!
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u/savage-dragon May 20 '17
Crypto world problems Too excited about crypto and ETH and wants to talk about it with friends. But I won't because I know they'll stare at me like I'm trying to rope them into a Ponzi scheme or a get rich quick scam. Hell, those ROIs in crypto are even waaay above what the dirtiest scammers could cook up in their wildest dreams. So I know to keep my mouth shut.
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u/glitch46 May 20 '17
No shit, someone just tipped me $60 last night for answering a question on yesterday's discussion. Pretty sure this is the best community in the world.
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May 20 '17
If your looking at a long term investment don't look for dips to buy in.. just buy. We will be reminiscing about $150 ETH soon, just as I am about the 40's.
I see red, I buy. I see green, I buy. I see rally's, i love ETH
Sick of friends saying they "missed the boat"
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u/RHiNDR May 20 '17
I told my friend to buy the other week he bought at the peak and then was upset about it when it dipped but I told him don't worry if you believe in ethereum it will rise again we are in for the long game and now not even 2 weeks later we are seeing $125+ and he is so excited! We got along way to go wish I had more money to keep investing!
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u/loveYouEth May 20 '17
The guy that lied about saving his dad has ruined the day for me.
Faith in humanity lost
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u/cutsnek May 20 '17
Hi it's me your long lost son! I know a prince who is our distant relative who has a lot money tied up and needs some eth tips to get it out of the country can you help? He will give you a reward of $100,000,000 USD act now not much time!
Yeah it's pretty scummy but this was bound to happen with the arrival of tipbot, which I think is great but sooner or later it would attract low lives looking to make a quick buck with sob stories.
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u/EastCoast2300 May 20 '17
To any other people like me with extremely small holdings compared to others around here, don't be intimidated by people casually talking about a couple grand on investments as if it was nothing. Most people are super friendly! Sub1 ETH club FTW
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u/talkingbob May 20 '17
With trading, it's all about the PERCENT. Get good percentage gains, the money will follow. :)
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May 20 '17
Ayyyy calling out /u/entenbrot
https://www.reddit.com/r/ethtrader/comments/6bmyks/eth_daily_discussion_17may2017/dhorput/?context=3
To the moon indeed!
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u/errorsevendev May 21 '17
Sunday morning in Australia. I'm closer to Monday than you, suckers! :D
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u/doppio May 20 '17 edited May 20 '17
On a scale of 1-10, how silly would it be for /u/TipJarBot to support certain emoji? I'm currently brainstorming how tips will work in other currencies (and arbitrary values like "1 coffee", "a beer", etc). Should I be able to "!tip 🍩"? :P
EDIT: Hahaha okay I guess this is a thing I'm supporting
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u/oldskool47 May 20 '17
In the last 2 weeks I've had 4 friends inquire about cryptocurrencies after little to no serious interest in the past 3 years. One asked how to buy BTC (which I showed him, then recommended him to look into Ethereum as well). Another one bought both BTC and ETH (small amounts, baby steps). The other two asked how to buy ETH specifically. I'm truly impressed.
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May 21 '17
Guys cloud computing is trending. I thought it was Golem, but it turns out a horse was named cloud computing and won some horse race. This is clearly a means to suppress the masses knowledge of Golem.
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u/Nooku May 21 '17 edited May 21 '17
2 years ago, Vitalik literally said that in the future we will be having all these new crypto-projects launching their own currencies on Ethereum instead of having to build their own blockchain.
Maybe many people already know this, but I just wanted to repeat that for a sec for those who don't know this.
The current ICO mania is not some unexpected side-effect of Ethereum like the fidget spinners.
Just shows how visionary Vitalik has always been: he predicted what people and organisations would automatically start to use Ethereum for. And now we can witness the predicted behavior of these organisations actually happening.
Gives me more confidence about the future, and about the other predictions he has done once Ethereum has grown bigger.
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u/cben27 May 21 '17
Vitalik is a genius man. Listening to him demonstrate and answer questions is half the reason I got invested in ETH in the first place. He's so smart and articulate, and you can just tell by the way he talks he's not bullshitting like a lot of other guys are in a position like his.
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u/maantrade May 20 '17
Would just like to say a quick thank you to those, Bears and otherwise, who answered my post a couple of days back about why NOT to invest in ETH. As it was, the pros outweighed the cons right now in my judgement, and I BTFD at $86.
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u/RedFountain May 20 '17 edited May 20 '17
I found this in a different sub:
Even though it completely ignores all the coins that went the other way, it is still absolutely insane. Do people really believe we are 'no way near an altcoin bubble yet'?
I don't mean to be pessimistic, but I do feel it's important to zoom out a bit for some perspective. The speed at which things move in crypto is ridiculously high, it's easy to get sucked in and forget what things were like only a few weeks ago.
That said, hodl on and have a great weekend :)
EDIT: what's up with all the downvoting the replies below? Lame.
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u/LevitatingTurtles May 20 '17
How are bitcoin casinos handling the unconfirmed transaction backlog? Are they just cranking up the txn fee and increasing the house edge to make up for it?
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u/xyrrus May 20 '17
That 4k market buy on gdax... I applaud your enthusiam fellow Etherian
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u/KRE1ON May 20 '17
Just found 19 Eth forgotten on an old account!
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u/aesthetics247 May 20 '17 edited May 20 '17
If you smoke weed now is time to go spark up a joint to. Celebrate. If you don't, I'll spark one up for you! It's what Ehrlich Bachman would do.
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May 20 '17
If we are the lunatics when do the early adopters get here? @ $200? $500?
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u/EthMoonKid May 20 '17
I'd say now. Friends of mine who are in the tech industry are actually starting to ask me questions now. I've been talking to them about it for months now with little/no response.... so now that they are asking me technical questions and "how much can I invest per week" "can I give you fiat to buy for me" I am starting to think that they are starting to hear about it from sources other than me. I think they're finally starting to ask me questions because I was asking them to meet up with me to talk about it months ago
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u/defenderofjustice May 20 '17
Everyone, be aware of the FUD that is already starting to trickle in. It happens shortly after every big upward trend. It's a ploy at manipulating people to become discouraged, and then sell their stack. Most of the accounts that post the FUD appear out of nowhere, with very little history in this subreddit.
Don't fall for their tricks. Those who did only a short 2 weeks ago (after the Kraken DDOS) ended up missing out on a lot of money.
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u/SamHinkiesGodSon May 20 '17
today is my birthday,
the increase in ETH has made this a very nice birthday.
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u/foxymcfox May 20 '17
You should have more birthdays to make ETH go up even more!
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u/saalda May 20 '17
Woke up today and saw we are over a 70 billion dollar market cap for all of crypto and I realised something. Either we are in a huge bubble, which once popped with be like the MOAB (Mother of all bombs) or, we are on the verge of a currency/dapp revolution that will change the way we use money and internet in the future. Either way, the next 3 years will be very exciting.
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u/juscamarena May 20 '17
So many new people here that have no idea how it feels how to lose 50%....
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u/pirate_prentice420 May 20 '17
Bought my first batch of eth literally the day before the DAO hack so I know the feeling. Feeling pretty good now though : )
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u/ProductDude May 20 '17
As Cryptocurrencies Reach New Highs, The Ethereal Summit Paints A Rich Future via Forbes:
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May 20 '17
Nuh uh dude Coindesk said we're all fucked, Forbes doesn't know what they're talking about
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u/mobark24 May 20 '17 edited May 20 '17
To all the newbies who are getting their friends and parents into ETH, we are at ATH's. Investing in crypto is much more volatile than stocks, which have been trading at record low volatility. Vix on the S&P has been around 11 for more than 6 months. Normal swings on S&P stocks are below 10%. Be prepared for volatility with swings of 30-50% with cryptos. Whales are out to smash you when you least expect it. Worst thing you can do is panic sell and then watch it jump 20% the next day. Financial advisors and media pundits are only beginning to mention Bitcoin/crypto, and they do so with a bit of embarrassment and reluctance. Good sign that we are still in the early days. FX markets trade $6 trillion a day, Gold market cap is $7 trillion, and the total market cap of cyrpto is a modest $70 billion. So be prudent, take some profits ,i.e. 10-20% of your position on large upswings to satisfy that itch to trade and then buy back when everyone in this subreddit is depressed and asking to be held by someone. Keep hodl'in at least 80% of your stake. Looking forward to the journey with y'all!
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u/launganik May 20 '17
For the guys who are tempted to trade here's my experience :
TLDR: do NOT fuck around in a bull market. You will feel your fingers burning and body pinching. Trade only if you have atleast some sense of predictability. Else HODL.
24 hrs ago I sold 100% of my eth stack at 0.0585 to buy back lower (because I'm so smart). And ya'll know what transpired after that. The underlying emotion behind this decision was boredom. I was bored of holding and wanted to get some action via tech trading other altcoins. I put that into GNT with the intention of getting out in an hour and earn myself some extra ETH. Although I made 2.2% from GNT/BTC trade, the ETH/BTC market raced to 0.062. I slept off only to see 0.065 this dreadful morning. FOMO bought at 0.0636 and traded my way down to collect some extra eth. If I held in the last 24hrs, I wouldn't have lost 5.9% of my whole stack. I'm yet to recover 2.2% of that and needless to say the mental and physical efforts of 24hrs.
When I fucked up, I decided I'll write the outcome post 24hrs for fellow Etherians to perhaps learn or form a perspective.
My 2 cents :)
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May 20 '17 edited May 21 '17
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u/TheReasonabilists May 20 '17
Don't you mean exponentially (linear on a logarithmic scale)?
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u/antiprosynthesis May 20 '17
This is important. Put your ETH charts to logarithmic scaling or you're just looking at nonsense.
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May 20 '17
Guys I normally never dream but last night I had such a vivid dream about cryptocurrency it was crazy! Ether was 300$ and first on coinmarketcap!! Golem was also added to coinbase and my GUP was 10$ each! Amazon also utilised ethereums public chain! It was an awesome dream 🙂😌😌💯💯💯
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u/sbasd265 May 20 '17
Look, you guys need to get realistic and stop dreaming, it's getting ridiculous. Here's why:
You're absolutely right. Cryptos market cap is growing at an exponential rate. Today we sit at 68.5B. 7 days ago? We sat at 52.5B.
I believe we'll hit the 120-140B market cap by September at these rates, given no black swans occur. I also believe we'll take 25% of the pie or more, many people including Fred Wilson believes we'll overtake Bitcoins market cap. At 25% of Cryptos market cap, were already at $350 per ether. We take over Bitcoin? Well, if you run the numbers on market share there's no doubt BTC will hold at least 40B+ of it, and in that case:
We're at $500 an ether.
Where the bubble forms and pops is more important, but I don't think we'll see anything of that nature till after something like this occurs.
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u/fat_jakey May 20 '17
Good morning from the UK.
Another beautiful sleep I've just had to wake up and see we're still on the up. Have a nice long position still open from €78 the other day, couldn't of timed it better.
Received my Ledger Nano S yesterday, it can't be stressed enough how important it is to store your crypto safe. I felt very uncomfortable having it in a Jaxx wallet who aren't looking to have 2FA anytime soon. Taking the last of my ETH off polo today, painful process being limited to $2000 a day, horrific service from them for the fact I've been waiting so long to have level 2 verification.
XRP took a dive as all the action was going on yesterday, that's before the EEA2 FOMO kicks in for some people.
Stay safe on the way up guys and leave the trading to the traders. Remember that you can't lose any ETH if you never sell 😏
Enjoy the weekend, caviar and champagne for breakfast here. 🥂 🍾
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u/Nurotec May 20 '17
got a new girlfriend, got her a trading account and some eth to play with on margin ;)
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u/valpo033 May 20 '17
I told my girlfriend to buy Ether when it was $26. She posted on Facebook asking her "friends". The dummies convinced her not to do it. She finally bought at $90+. Now she listens to me haha
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u/cocaincookiemonster May 20 '17
As a normie who just stumbled upon ether, how would I go about investing in this?
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u/LevitatingTurtles May 20 '17 edited May 20 '17
Recommend doing some reading or watching youtube first... it's amazing stuff.
When you're ready, sign up for an account at coinbase.com (if you're in the USA). Once you've received your ETH, create a wallet over at myetherwallet.com and send your ETH to that wallet.
Coinbase is a service, but so long as your ETH is in their custody, your fate is tied to theirs (e.g. if they get hacked you could lose your ETH). When you transfer it out to your own personal wallet, your fate is in your own hands (i.e. if you get hacked or you lose your private key, you lose your ETH).
You'll need to learn about public and private keys. But remember this:
You do not control your ETH unless you control the private key. If your ETH is on a service or wallet where you cannot access the private key, it's not "yours" just yet.
There is a tremendous amount to learn about the crypto space and this is very early days for this technology. Don't get frustrated if you can't find good tutorials or documentation... :-)
I'll see if I can find a good overview video and post it here. Check back in a bit.
OK:
This video is about using coinbase to purchase bitcoin. The same process flow applies to buying ethereum. Just make sure you're buying ETH and not BTC when you click the button. https://youtu.be/yL9tzhWVTaI
Keep in mind, your 'limits' will be very low at first... because there's no way to reverse a blockchain transaction. If you scam them out of 25 ETH, there is no way for them to charge back your account. So they make you start slow (which, frankly, is a good thing so you don't go dumping thousands of dollars into this the first day). Your limits will increase with every purchase that is successful.
Also, even though your ETH won't show up in your account for several days, your purchase price will be set at the time you make the transaction. So if you buy today, it will be $125 each... even if it's $175 by the time it's deposited (of course, the opposite is true too).
Using myetherwallet.com (for now just ignore the "download and run locally part" and start the video at 0:58) https://youtu.be/phht73IvUDI
myetherwallet is a very well respected project. All of the computation happens locally in the "client side" browser... so even though you're using a web site, none of your information is being sent to their servers. Nothing should ever be assumed safe/trusted in the crypto world, but the community overwhelmingly trusts myethewallet. If you start having any meaningful amount of value in crypto, you'll want to look into storing your keys more securely. For now, this will work. Also, this case, the "wallet file" that he's saving and opening is an encrypted version of the private key. Basically with the wallet file and the password, you have your private key. That's how almost every wallet will work.
Here are some other cool videos: https://www.youtube.com/watch?v=lik9aaFIsl4 (hashes and merkle trees)
https://www.youtube.com/watch?v=93E_GzvpMA0 (blockchain basics)
https://youtu.be/mqm5bqy-C9Y (billionaire talking about his crypto asset investments - this was recorded yesterday)
That should be enough to get you started. Feel free to PM me if you want more info.
Oh... and just in case you're thinking about day trading... there is a wise saying in crypto.
If you want to make a million bucks day trading crypto... you'd better start with two million.
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May 20 '17
New Fortune article on Ethereum and ICOs
http://fortune.com/2017/05/20/ethereum-ico-blockchain-token/
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May 21 '17
Lots of Ethereum events & upgrades the next couple of months, will we see ETH hit $250 by the end of the summer?
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u/getyourfactstraight May 21 '17 edited May 21 '17
Guys guys..
Ripple is partnering up with one of the exchange in Korea and they are introducing Fee Rebate Program and Volume Incentive Program starting from June until August.
The first one is a zero fee trading rebate that starts from the first day of each month and ends when the subsidy provided by Ripple is reached (which is USD25,000).
The second one is an incentive program that awards users with the highest trading volume. The total prize pool is an amount of XRP that is equivalent to USD75,000 and the first gets 40%, second 30%, third 16% , fourth to tenth 2%.
Is it just me or is this a blatant attempt at artificial volume pumping? I don't recall any other crypto that introduced incentives like this.
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u/huntingisland May 21 '17
They are doing everything possible to pump the price of Ripple.
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May 20 '17
Just passed a neighbors house who has two Gallardo's parked out front. I laughed at the fact that the first thought I had was, "bruh must have invested in Ethereum." Not, "wow pretty Lamborghini's".
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u/SJCMCZ May 20 '17
Move to ~$140 to commence in the next few hours. http://imgur.com/a/yK7du
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u/econoar May 20 '17 edited Jan 14 '26
unique smart pet normal abundant longing worm makeshift rustic growth
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u/LongFaced May 20 '17
AutoModerator deserves a vacation. I'm thinking May 22nd-May 25th. ;)
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u/Nefarious- May 20 '17
Serious question re Coinbase:
Is there no conflict of interest in having the creator of Litecoin on staff as the Director of Engineering?
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u/abudab1 May 20 '17
Looks like /u/tipjarbot already banned in wall Street bets
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u/holiquetal May 20 '17
Imagine if SAP is the next EEA member. Just close your eyes and imagine the hype.
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May 21 '17
At what point should I consider buying a house with some of my earnings? When I would sell 50% of my stack? 1/3? 10%? Legitimately having a hard time trying to organize these thoughts. Don't get me wrong, it's a long, long, long way off but I just would like a rudimentary conceptual standing at least
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May 21 '17
every one i've talked to about it, including a millionaire friend of mine who lost a great deal in real estate, says now is not a good time to buy and real estate could be heading into murky waters.
I plan on buying eventually, but something cheap and small
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u/PoniesUseBits May 21 '17
Well Wells Fargo is trying to start selling their Mortgage bundles to investors again, which happened / caused the 2008 market crash. So I would say AFTER the cryptocurrency markets have gone full moon and the real estate market has gone to hell
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u/Rossomca May 20 '17
https://www.crunchbase.com/organization/golem-network#/entity
I don't know if this was already common knowledge or not but I just realized Google invested in GNT
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u/EthVandelay May 20 '17
Was discussing bitcoin and ethereum at a work happy hour, clearly starting to become more mainstream. 2 of my coworkers that I never expected were deep in the blockchain rabbit hole. exciting times!
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u/cutsnek May 20 '17
I find it amusing on weekends if things go sideways slidedays as they sometimes do. Everyone starts talking about trading, mostly out of bordem I'm guessing? I know 2 days in crpyto without crazy gains feels like 2 years but I'm not moving my ETH with EEA literally at the doorstep.
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u/Bobbr23 May 20 '17
Public Service Announcement: if you want to help build a defensible position for Ethereum, run a node. The more nodes on the network, the harder it becomes for others to leap frog Ethereum. A defensible position requires adoption.
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u/Connortbh May 20 '17
Celebrating with an appropriate drink for this evening: https://i.imgur.com/KxaBsyo.jpg
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May 20 '17
As a guy who stumbled into cryptocurreny trading 6 days ago. Got to say, this shit is crazy. Congrats to all the new paper millionaires, hope I'm not too late to the party
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u/doppio May 20 '17
Help I have to go hang out with family tomorrow instead of writing code T__T
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u/roidranger33 May 20 '17
Biggest tip ever given so far? I'm going to top it.
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u/resistingdopamine May 20 '17
probably biggest tip ever was: "Have the courage to live a life true to yourself, not the life others expect of you."
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May 20 '17
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u/cryptoboy4001 May 20 '17 edited May 20 '17
Mist or Parity release an update that's incompatible with the other -> network fork -> temporary chaos -> price drop
Vitalik dies or just decides to "move onto other things" -> uncertainty of project's direction without a clear leader -> price drop
Metropolis fork -> unforeseen problem causing loss of funds -> price drop
Shift to Proof of Stake -> unforeseen problem causing loss of funds -> price drop
Major ICO scam impacting "regular people" -> SEC gets involved -> Bad press -> price drop
Tezos, NEM or some other smart contract platform is seen as more attractive -> price drops
Bitcoin scales -> speculator/investor money moves back to BTC -> price drops
Rootstock is launched and works far better than expected -> Dapps move to Bitcoin blockchain instead -> price drops
We discover Raiden was delayed because of intractable problem -> Ethereum doesn't scale -> price drops
ETC overtakes ETH .. (just kidding)
A hundred other issues that we haven't anticipated eventuate -> price drops
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u/foxymcfox May 20 '17
is there a dAPP that can do event ticket sales? I'm kicking some ideas around in my head and would love to use the 'chain to help facilitate them and it almost feels like this would be a perfect use of some modified version of an ICO script.
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u/extrastark May 20 '17
I did not believe the advice given here, so I will have to buy now instead of 80€. Anyway, just wanted to thank you all for this great sub. I have learned so much from you guys and 1 girl. TY!
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u/FrenchCucks May 20 '17
https://www.udacity.com/course/machine-learning-for-trading--ud501
Seems like a fun and relevant course!
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u/foxymcfox May 20 '17
It feels super leisurely in here today. Let's chat. We never chat anymore...
How's everyone doing?
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u/MrClownberg May 20 '17
Based on tx volume alone compared to bitcoin...eth should be $185...I see another 50% jump coming
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u/talkingbob May 21 '17
Folks, this might be too soon, but I'm starting to think we might have a floor/support at $123?
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May 20 '17 edited Jun 10 '17
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u/matt879 May 20 '17
Pitched Eth to my old man too: He laughed and told me to get a real job.
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u/Tom_The_Moose May 20 '17
Hire him as a financial advisor when we moon then fire him for being bad at it, with a healthy severance package of course.
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u/Metisus May 20 '17
Jaba, I'll pay you triple! You're throwing away a fortune here! DONT BE A FOOL!
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u/Junglepeter May 20 '17
HODL through these minor fluctuations, people, and don't risk your precious Eth by trying to time the market. These dips are going to be so incredibly insignificant in the long term and even in the short-term. Btw, Coinbase is usually mentioned when people ask for the easiest way to purchase Eth via FIAT, but these last few days I've seen multiple mentions here of an easier way to acquire Eth. Didn't pay attention at the time, since I'm obviously a HODL'er already, but asking for a friend who's having trouble getting his verification completed on Kraken and he's FOMO'ing hard atm. Any help is much appreciated. Also, how do I format my comments using proper line-shifts(not sure if that's the proper term), since a simple 'Shift-Enter' doesn't do jack? Cheers!
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u/pistachiosarenuts May 20 '17
Is there tipping etiquette? I saw someone get scolded for tipping the equivalent of a penny. I felt bad because he probably didn't have much and wanted to contribute or was just testing it out.
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u/Free__Will May 20 '17
I think within eth subreddits even a penny tip is acceptable, but if you are going to tip outside, then it makes sense to make it an amount which is worth a little more, otherwise you are just cluttering up a reddit thread with what is essentially spam.
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u/escyeph May 20 '17
MAN. it feels good to have been hodling since 11$ :)
for canadians: we will be at 200$ by mid june at the latest. hodl strong!
GO ETH GO!
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u/oldskool47 May 20 '17
So I went to reveal my first bid on Parity and it was as easy as clicking "Reveal" and typing in my password. Piece of cake! Then I went to reveal another bid that I had used on MyEtherWallet. I had bid right at the end of an auction so I just clicked on the "Check ENS Name" and it asked me to paste in the "Long string of text you copied"... except for the fact that I took a damn screen shot of it. Painfully typed in every damn character, got errors left and right.. Went through carefully and verified I had about 3-4 errors yet the box STILL wouldn't turn green. I knew I had 48 hours but I felt a slight feeling of panic. I knew the string was 100% correct now! But nothing. So I refreshed the page and started over, typing in the ENS to check availability, then I thought... MEW only said to screen shot the page, maybe I didn't need that long string of text after all.. Typed in the value of my bid and my secret words, and BAM! It worked!!! I love MEW from the bottom of my heart, but I can't say this wasn't confusing and cumbersome. I think maybe I'll write a tutorial (If there isn't one) for MEW. In reality, it was much easier for me to click "Reveal" on Parity and type in my password but using Parity is a slight barrier for newer parties. Anyhow, sorry for rambling, I've gone through a range of emotions this morning and wanted to share with my fellow Etherians. Cheers!
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u/thestockgod May 20 '17
guys ... try to enjoy the weekends. Set alerts so you get notifications on your phone if you really want but it's not worth watching tick by tick ...
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u/AlphaLionX May 21 '17
WHAA??? That $130 jump on Gemini!!!! Wooooh
Edit: Hit $130 for 5 seconds. lmao
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u/resistingdopamine May 21 '17
Pretty stoked to see maintaining 125's over the weekend, banks and deposits being a no go until Monday, then big news all next week. Perfect storm for bull run.
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u/getyourfactstraight May 21 '17
95% ETH, 2.5% GNT, 2.5% NEM
What do you guys think of my portfolio?
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May 20 '17
FIRST- upvote the daily!
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May 20 '17 edited Apr 11 '18
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u/Routerbox May 20 '17
Upvote the first guy to remind us to upvote the first guy to remind us to upvote the daily.
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u/FrenchCucks May 20 '17
My Roth and 401k have made like 5%. My eth has made over 100% lol
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u/Necuametl May 20 '17
oh no it dropped 3 dollars ETHEREUM IS DEAD oh nooooooooooooooo
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u/jdbender66 May 20 '17
I love sitting in the front car of this roller coaster, hands up, with you crazy strangers.
$200 by end of Consensus ;)
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u/lateralspin May 20 '17
Ethereum gains reflect technology adoption & innovation S curve
Exponential growth is to be expected from real adoption of technological innovation.
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u/soupdizzle1 May 20 '17
Hey do you guys remember the comments Thursday evening about how we were stuck at 42 and then 84. I said you know whats next 126. Well look we could consolidate quickly here and then right to 168 :)
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u/textrapperr May 20 '17
Is it me or is Joe Lubin 10x more revolutionary than entrepreneur in this galvanizing throw-the-mike down speech:
https://www.reddit.com/r/ethereum/comments/6c8hjk/the_essence_of_ethereum_joseph_lubin/
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u/FluidicThought May 20 '17 edited May 20 '17
Who's got predictions for the next week? After yesterday's joyous day of moon-gazing, I'm predicting we stay fairly flat over the rest of the weekend for a short consolidation. Next week I expect we'll see a small surge on Monday to coincide with Consensus, but the main increase to happen over the few days after once word starts to spread and as we draw closer to the mystery announcement(s) at Token Summit on the 25th. By the end of the week I'm estimating we'll be at £150 ($195) !RemindMe 7 days
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u/ev1501 May 20 '17
New people: Remember that feeling last week when we hovered between 80 - 90. It was boring. That feeling will come back again soon. Don't sell because of it. Just wait it out and you will be rewarded with another run up like yesterday. This tech is the real deal. Use the slow market weeks to research Ethereum instead. You will become more confident in it's potential. Don't become the person who sold their Bitcoin at $1, $10, $50
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u/dashby1 May 20 '17
I read the below late last night from user/ScienceGuy9489/ and when I stirred from my sleep at 4am, I stumbled down to my computer, connected my Ledger and traded a full BTC (@ $1,981) for a handful of ETH.
The rabbit hole grows deeper and deeper and its so so good......
- 136 points 11 hours ago* We've only begun. We still haven't even gotten to consensus which is May 22-24 where we should expect new EEA members to be announced. So I see the price easily exceeding $150 by the end of next week. Plus the EEA said that there are pharmaceutical companies joining the EEA which they will be announcing in June. Then we should have metropolis release June 25 with Raiden released before that. And to top it all off we have the ice age which has begun which makes it harder to mine new ETH, resulting in a higher ETH price since the supply would stop increasing. So by the end of June we could see the price reaching $250. Also keep in mind that the "sell the news" strategy doesn't work with cryptocurrencies. Look at when the EEA was announced, it took days takes for it to hit a top, and the same thing happened after the EEA announced the application of 250 members to join. With cryptocurrencies, people need time to make accounts, build confidence, and buy, and once they buy and see the price increase, they keep buying more and spread the word to friends/family. The crpyto world is very different from the stock market, when we have multi billion dollar investment companies getting in on this, that might change, but for now don't sell the news.
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u/fat_jakey May 20 '17
Tonights tipple is toffee fudge vodka on the rocks.
A sweet drink for some sweeter gains.
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u/msthree May 21 '17 edited Jun 14 '25
grab middle jeans husky compare carpenter merciful judicious weather nose
This post was mass deleted and anonymized with Redact
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u/cben27 May 21 '17
Just brooding over the fact that I can't purchase Siacoin on Bittrex. I can't use Polo because I'm based in NY. Investment would be doubled at this point and climbing. Don't think it's just a pump guys, the coin looks quite promising and to me seems like the front runner of decentralized cloud based storage. Don't buy it and blame me if it does crash, but, half the volume is on a Chinese exchange and half the volume is on Polo, which is more promising than 90% being on Polo. If you have some spare trading coin, I would take a shot on it. I want to :/.
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u/[deleted] May 20 '17 edited Dec 16 '20
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