Ethereum buy support has never been this low for a long

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Update

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Update 2

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>>2909956
The fuck are you talking about? Its been dipping for months.

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It's dying

>>2910153
There are some autistics that are saying it recovered now we're mooning and stuff because of the small increase that happened yesterday night

>>2910175
Until the overal tend is something other than down, I would rather have fiat. It could be the turning point or it could be a dead cat.

I shorted

>>2910350
Good call anon

Hope retard that took 20k loan to buy at 200, and couldn't wait for a real dip is shitting his pants.

Even if he makes money in the end, he could have made a lot more.

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>>2909956
'never been this low for a long time.'

>>2910453
I saw a follow up video about that. I think he moved it all over to Teathers? which is meant to hold steady at $1 since its backed with actual cash? (The idea is instead of cashing out to real money and any fees/tax issues arising holding teathers keeps it digital for trading in/out of positions, although I've no idea how stable teathers actually is)

He's gonna ride out the storm until an uptrend starts then he's planning to move it back to ETH.

BTW I do agree that he's a retard, he acts like he's the first fucker to think of taking out a loan to speculate/gamble and ultimately even if he gets lucky it's still a fucking bad idea.

>>2910534
Tether is pretty stable alright.

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>>2909956
>Ethereum buy support has never been this low for a long time
This is true for many coins.
reasons are:
BTC fork
BTC-e debacle
To keep large amounts of BTC on exchange for buy support requires big balls now. This results in less market depth and potentially more volatility.

>>2910564
Smart anon

>>2910564
>The ico bubble has nothing to do with it

>>2909956
Big buy support is usually fake. It's whales making fake supports so they can sell out their real positiion without crashing the market.

Then the price rebounds. So this is not a good thing.

>>2909956
you have no idea what any of those words mean by the way

>>2911030

this. Stfu op and go play pokemon go.