ETH always goes up in a stair-like formation during bull runs. It goes up for 2 or 3 days and then it flat lines for a few days before it launches up again.
People always begin selling during these sideways periods because they're impatient and "want money nao xD".
We saw pre-mined shitcoins like NEO, civic, and Qtum get pumped during this flatline because of this shitty get-rich-now mentality. Every time there is a discussion about these coins is always about how "it'll be the next ETH" and how "its going to moon". Meanwhile they really haven't accomplished anything other than the hope of following in ETH's footsteps.
Once the pump-of-the week-coin's momentum dies, all the money goes back into eth, btc, and of course fiat. Right now that momentum is dying out.
By ETH now or get left behind on the train.
Civic is an ETH token
>>3027938
Your point?
People can make shitty coins on top of ETH; see bancor.
>>3027930
This. Also short bitcoin
>people ignored this
I guess it needs to move 15%+ for /biz/ to start fomo'ing
>>3027930
daily reminder than 70% of the eth are in vatalik's hands.
Of course biz is not buying ETH AGAIN, ignoring the FACT that buying LOW and selling HIGH is how you make money, not the other way around.
>>3029115
I bet you bought ETH near $400 didn't you?
>>3029114
daily reminder he has had 250k eth, minus undisclosed amount which hes sold
>>3029121
I bought some at 150, some at 190 some at 200 , more at 220 and now 300,
Probably a bad idea overall
>>3029121
$200 ish
>>3027930
I've been buying more lately. I'm accumulating.
>>3029145
if u think so sell and profit now
OPS A LIAR
WHEN'S THE NEXT DIP GONNA BE SON. GIMMEE DAT 280.
What kind of retard would invest money in eth after witnessing all the shit that happened in the last few months?
lmao
>>3029215
I believe david seaman
He is some alt jew and jews know currency. He is literally a millionaire and he was shilling btc and eth it a long time ago
He got fired from buzzfeed cuz he hates pedos.
So hes a good jew. Dont tell pol