Ethereum Difficulty Bomb Exploded

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I'LL NEVER BE ABLE TO BUY IN AT THIS RATE!

>>3201133
buy now or regret later

>>3201146
This. waiting for dip is a meme.

>>3201146
What kind of price increase are we looking at here?

>>3201170
2.5x

what's going to happen?

>>3201180
Why so much? I'm genuinely curious.

>>3201191
block reward drop 60%
from 5 per block to 2 per block

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>>3201180
so over 30 billion dollars is going to flood into ETH now?

>>3201201
It's definitely ready to

>>3201193
from 5 to 3 you mean

>>3201201
probably from BCH

>>3201220
5 - 5*0.6 = 2

>>3201230
bumping the thread

I haven't traded in a while, so i'm wondering if based on recent trends would the ETH price increase off set any increase in BTC?

Basically should I put some BTC into ETH right now?

>>3201230
no, the reduction is 5 to 3, 40%
https://github.com/ethereum/pm/issues/21#issuecomment-324811376

don't try to math if you're a fucking retard that can't read

>>3201327
all in will be the best decision you've ever made

guys this means nothing!!

After the halving for bitcoin JULY 2016, nothing significant happened to the price. There was only speculation leading up to it.

NOTHING HAPPENED.

>>3201339
Man I haven't been on this board in so long I can't tell if you're memeing me.

I know ETH is a safe bet but BTC has been mooning recently.

>>3201354
It's more difficult for bitcoin to 2.5x
while ETH has a rather small marketcap to make it more profitable when it moons

>>3201367
So what happens when the block times increase in September and October?

>>3201405
miners will have less ethers to dump on the market
which is going to double the price

>>3201405
See BTC halving

ALWAYS DO THE OPPOSITE OF WHAT /BIZ/ TELLS YOU TO DO

DUMP ALL YOUR ETH RIGHT NOW

>>3201447
enjoy your short bags lol

>>3201447
aight now I'm keeping them :-)

>>3201367
>>3201414
Alright, but if the price is so correlated with the difficulty, what happened when it dropped to $120 in July?

Was that just a sell off by miners or something?

Thanks for the help btw.

>>3201471
that's just a correction

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>>3201480
Just bought some ETH.

I haven't been around since I cashed out on digibyte a couple months ago, so I appreciate the help. To the moon!

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ID'S HABBENING

>>3201529
BUY

I told you guys yesterday
You should have bought the dip

I just streamed saying it would hit 394 from $50 acending triangle breakout ethlive.tk

>>3201223
Nope it's coming from btc

It's a ponzi scheme now. That's why coins like XMR and LTC pump. BTC exodus is coming, be ready.

>>3201557
>>3201589
>>3201593
what should I put my stop/sell at?

or will this moon extend into the weekend?

>>3201602
gonna moon for a while, prob bounce off every $10 or so and really bounce at 390s

Oh, I've seen this movie before. You guys want to know how it ends?

>>3201459
Fuck that means I have to sell

>>3201537
12k in at 301

>>3201620
But does it?