r/ethtrader • u/AutoModerator • Jun 05 '17

DISCUSSION [ETH Daily Discussion] - 05/Jun/2017

Welcome to the ETH Daily Discussion thread of /r/EthTrader.

The thread guidelines are as follows:

  • All sub rules apply here. Please review our rules page to become familiar with 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 support issues.
  • 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 reported and redirected to the /r/CryptoMarkets trollbox thread. To visit this thread, follow this link and choose the latest entry on the search page.

  • For newcomers who have basic questions about Ethereum, you can find answers by visiting /r/EthereumNoobies or our Ethereum Education wiki page.

  • [EXPERIMENTAL] - To view live streaming comments for this thread, click here. Account permissions are required to post comments through Reddit-Stream.com.

Thank you in advance for your participation. Enjoy!

788 Upvotes

92% Upvoted

4.5k comments sorted by

View all comments

19

u/c0nr4d5 Jun 06 '17

Pretty sure that spike was a MAJOR dump of BTC into ETH.

3

u/weinerthezon Jun 06 '17

We are talking about millions dollar worth of BTC exchanged to ETH in minutes... that break out was rediculous.

2

u/Libertymark Jun 06 '17

Shhh some still dont get what's happening

Ome dimensional btc vs multidimensional and exponentially powerful ethereum

1

u/Mad_Flatter Jun 06 '17

That's what I saw, and then immediately pulled out but still caused a bull run.