ETH SURVIVED THE WEEKEND!

Thread theme:

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

>>2009970
went to buy 2 ETH with my meager wagebux and was informed it takes 8 days to clear? that normal?

I think Ether is great. And it has lots of potential for now.

But the risk of digital coins is that everyone can start their own, as it isnt backed by anything except trust. So its only a matter of time before Silicon Valley comes with their own coin based on their own specifications. And that will be a killer.

>>2009982
What site are you using to buy it? I am assuming you are using a bank account.

>>2009982
With coinbase? Yeah. You'll still make gains while it's waiting to be verified

>>2009991
That said, there is room for 1 to 3 coins.

>>2009970
Yup, I'm getting on the train.

Sucks that I didn't hop on at 50, but what can you do?

>>2009991
>>2010002
True, but at long as ETH has a platform behind it and actual devs, I can't see why it won't be solid to invest now.

>>2010002
>>2009991
You have basically no understanding and a lot of opinions. But that's okay redditor, I would recommend you to do some more research before writing any more comments.

>>2009991
Silicon Valley is already adopting Ethereum my boy.
They won't need to create a new protocol. They will just built applications on top of it.
That's the whole use case for ETH in the first place man.
KNOW YOUR COIN

Dammit i got eths when they were around $11, sold them at $20... should have held them

>>2009980
Niggers don't make money. Actual thread theme:

https://youtu.be/sFZjqVnWBhc

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Holy shit, it's pumping again.

>>2009991
Actually, the whole basis of an open ledger system (blockchain) is that it is a trustless organization. Code is law, even when it isn't. The DAO incident is still 100% open for public viewing. You know fucking nothing about cryptocurrency.

>>2010037
omg 75

eth saving me from posw disaster....keep climbing baby

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>>2010015
I know. Microsoft does that. But IBM has its own coin. And Goldman Sachs has its own coin.

They will have to come together if they want to make it work.

We're reaching an ATH....
ON A FUCKING WEEKEND!

Imagine the momentum on Tuesday/Wednesday.

Is it gonna crash?

>>2010040
I was referring to the value. Not the mechanics.

Is it worth trying to mine Eth? I'm trying to sort it out. It's a massive faff.

Any advice?

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Tfw buying at every breakout

>>2010061
It's gonna crash your mother's cervix

>>2010072
Mechanics determine value. Crypto that has utilitarian uses will always be prioritized over "fiat-lite" crypto. The ability to use smart contracts, be anonymous, crowdsource information with tokens, etc, is what differentiates crypto from fiat, in that instead of only offering value backed by force, there's value in its utility. Read.

>>2010079
google a website that will calculate cost including energy used. you can build a decent miner wither RX 480s with 2k if you're a poorfag.

the price it is now and the potential value of it means that if you're making more money than cost of electricity youre winning

>>2010030

2nd for Daft punk Pre - Hobbit loving Kanye west

>>2010061
Of course. But nobody knows if that crash will be from 80 to 60 or from 120 to 100.

>>2010106

I bet it'll crash hard just like Bitcoin did many times towards the beginning.

>>2010085
I wanted to buy at 17 but couldnt be bothered to figure it out.
Then at 40 I made the jump and just bought it.

I honestly think its still far from reaching its full potential because the real applications still have to be published. When that happens all bets are off.
At that point it will also be a lot harder to kill off. Giving you time to switch to another coin if some Silicon competitor would appear.

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>>2010030
>>2010097
Since we're in a public Filipino shadow puppet theater, and it's doing so well wouldn't make for a better thread theme?

https://www.youtube.com/watch?v=gAjR4_CbPpQ

Welp, I'm all in at 74.13.

Let's see how the next week goes when I actually receive it.

>>2010116
>I honestly think its still far from reaching its full potential because the real applications still have to be published.

Said everyone committed to any particular shitcoin.

>>2010199
I'm sorry for your loss.

>>2009970
me rn
https://www.youtube.com/watch?v=UB93lXi4VgM

holy shit its happening again

WHY CANT I HOLD ALL THESE GAINS

>>2010199
This

The delusion on /biz/ and reddit is so astounding. They genuinely think this exponential growth in altcoin marketcap is organic growth. Ask them what has changed in the past two months to justify 800%+ price increase and they just say "It's the future!" or "Wait til boomers come!! Dotcom bubble was 10Trillion+"

Honestly, anyone who denies this bubble is near popping is just in denial because of their investment in it.

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>>2010244
Stay salty fag.

>>2009999
Dubz and quadz. The chosen

>>2010265
Explain to me why each ether gives you $78 in value.

If you can't, it's a fucking bubble.

pro tip: you can't

>>2010145
>I've already made $100 dollars on my investment

Good fucking god.

>>2010244
You act as though new industries haven't arisen throughout history.

How do you think every market related to electricity performed after Edison had his experiment in New York?

>>2010275
The fact that a huge German company just adopted Ether?

Durr, stay poor and salty no coiner loser.

>>2010275
You need ether to use the smart contracts. Gas price is small, so 1 ether pays for a lot of use.

>>2010275
because I can sell it for that much to someone

>>2010294
what does ether do that provides $78 in value

>>2010311
give me an example on how you will recieve >$78 of value from one ether

>>2010317
Only honest answer ITT

>>2010275
There is a difference between speculation and a bubble.
A bubble means the value cannot be justified now and in the future.
Speculation means it might potentially be worth it in the future.

Investing is often partially speculation. And if you recognize the risks involved then it's perfectly fine to do a high risk investment with a manageable amount of money.

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Still PUMPING!!

>>2010325
I appreciate your honesty and well thought out reply, but I deny the premise that you can reasonably expect it to have $80+ in future based off current information. There is also high inflation built into the currency so that long term growth is unsustainable, though the switch to PoS will migate this for large bagholders I guess.

>>2010057
The R3 Consortium is just another blockchain protocol, it doesn't have a coin associated with it like Ethereum does

>>2010342
u sounds like a buttcoiner

what does bitcoin offer that provides 1400$ in value?

if you are so sceptical, by all means dont buy any

im sure you are happy with your bitbay, pows and beans

>>2010354
>what does bitcoin offer that provides 1400$ in value?

Been in it since 2015, so far nobody could answer. I think its just because it was first and thats it. imo btc is classified already as ´rotten meat´ due to the new age clarification

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>>2009999
Oh holy quad bless me for I am new and know not what I do.

So I'm going to open up a Coinbase account, is it safe to link to my bank account or should I open up a seperate account to put money into and then buy coins though that?

You mentioned still making gains, so if I puchase a coin at say like $30 and it takes a few hours/days to process and it goes up to $45, do I still pay the $30 that I requested or will it adjust upwards meaning I will have to pay out more?

Can I can bank accounts if I do end up opening a separate one or is it one time thing?

Thanks in advance!

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>>2010372

You buy in now at a price. In 9 days when it hits your account if ETH goes up, you profit. If ETH goes down, you lose money... But ETH is not going down. So hurry and get on the train.

>>2010372
yes
30
yes

>>2010342
Well, I bought it at 40 so I'm not too concerned with the current ups and downs. If it ends at 45 I still made a fair profit.

I'm going for a long term gamble. I honestly don't intend to sell it until the cryptocoin landscape gets shaken up again. Which undoubtedly will happen at some point in the future.

If it takes off that would be nice. If it doesn't, well, I won't miss it.

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>>2009970
you will regret not buying ETH by the end of the next week. soon.jpg

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aaaaand it reached 7 billion MC

talking about nocoiners

>>2010382
>>2010383
What about ETH classic, that seems on the rise as well. Is it worth it?

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STOP! I can't handle all this WINNING!

>>2010433
That's for people who misclicked during their purchase.

>>2010433
no

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IT KEEPS HAPPENINGGGGGG

>>2010433
It will 100% without a doubt be worth more in 3 months than it is right now, so it's basically free money. Yes, buy some of it.

Almost 72€ WTF ITS HAPPENING GUYS

>>2010002
We know it will be btc eth but what is the last coin WE NEED TO FIND QUICK

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JUST

>>2010442
People are just now finding out about this

http://www.trustnodes.com/2017/04/29/germanys-energy-giant-launches-100s-ethereum-based-electric-cars-charging-stations

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>82.6

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>>2010449

pls fucking kys myself I sold most some weeks ago

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NON FUCKING STOP GUYS
CLIMBING STRAIGHT TO THE TOP

OK we'll I'll give this a shot, I only have $300 to spare after school loans/utilities so I can only afford few, but it would be nice to hold on to this until it gets to BTC levels. I hope it does't crash but if it does at least I learned a little something.

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GUYS WAIT FOR ME I STILL HAVEN'T BOUGHT MINE

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>>2010468
just fucking scalp my dude

>>2010485
what the fuck were you waiting? it's about to double its price from a month ago.

>>2010485
You still have time before it gets to $1000.

holy shit it's mooning

i had a dream BTC and ETH both fell to $7 a coin
when i woke up I checked my phone and proceeded to experience the best series of emotions i've ever sampled

>TFW bought a few minutes before it SOARED

GUYS
WERE ALL GONNA MAKE IT

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Wasn't it yesterday that it hit 6B market cap? MOOON

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all dips get bought

>>2010501
i think it hit it friday or something

but jumping 1.5 billion in less than a week is pretty impressive, at this pace it'll surpass bitcoin in a few months

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>>2010528

>>2010325

Proper investing is NEVER speculation.

Go back to Plebbit.

Well I bought 1 Eth at $60 and so far I'm thankful for these bountiful gains. Should I have bought more? Yes. Am I a poorfag? Yes.

Despite this, predictions for next week? It surely can't climb 5-10$ a day every day can it?

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HAHAHA SUCK SHIT NO COINERS


https://www.youtube.com/watch?v=-ZotfqPRrng

>>2011048
it is a long term investment at this point.

buy dips and sit.

>>2012174
Something tells me a significant dip on the order of multiple tens of dollars probably isn't happening soon, and only day traders with a ton of capital to play with would care about tiny dips.

The most impressive thing about all this is that BTC has managed to hold it's recent gains at the same time. This means we're seeing new money enter the market instead of the usual ping-pong day trading between ETH and BTC.
Now with millions of new dollars entering ETH it should hold it's current value a little better. Hopefully it will be a little less susceptible to the bigger pump and dump cycles and manipulation it saw around the $10-20 mark.

Fuck it I'm buying some.
I'm a dope for not doing it earlier.

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Go to coinmarketcap.com

Look at the entire market cap in the past 10 days. It has moved about 30% or 8 BILLION dollars. If btc was being mined for profit here and being sold yet the price keeps rising...there must be more buyers than sellers here...so think about it this way...8 billion dollars entered the cryptomarket in 10 days. You think it was some punk autists on 4chan buying that much of it?? Hedge funds, rich silicon valley, tech literate people are buying it for its utility.

We mainstream now. Keep buying.

And when the flippening happens...eth/btc will go even higher. BUY MORE ETH

>>2009982
i signed up today as well and was able to immediately link a debit card

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>>2012161
WE AT 34% BOYS!!!

https://rolandkofler.github.io/flipper/

ETH is about to explode.
I see the momentum building.
It's going to rise so fast, people will dump bitcoin and go all in on ETH.
This is just the beginning.

>>2013410
>people will dump bitcoin and go all in on ETH
aren´t they doing it already anyway ? did I miss something or couldn´t the bitcoiners expres themselves clearly enough

>>2013420
No, both BTC and ETH are rising together at the moment - Possibly as people have to buy BTC in order to enter into other coins

BTC isn't dead yet but that is all but a moot point - ETH is the future

>>2010022
just buy more muthafugga

>>2013410
no fucking way im buying at the peak, been burned to o many times

>>2013595
control your weak hands you massive faggot

if you think this is the peak, then you are in for a surprise

>>2013601
eth will drop to $40

screencarp this or your money back

>>2013609
i wish

i'd scoop all that cheap ether up instantly

>>2011048
Similar feels, bought 4.2 at $44 though

We'll sell it for trillions of dollars in 40 years anon

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>>2013609
Got it ready to go for next year when it surpasses $500.