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re: Official CryptoTalk Thread

Posted on 5/31/17 at 10:23 am to
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 10:23 am to
quote:

meteoric rise during the prophesized second week of June. So it has been foretold.


Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12535 posts
Posted on 5/31/17 at 10:26 am to
Carson's dad will be revered as a Money Board legend if the second week of June pans out.
Posted by MrSmith
Member since Sep 2009
8319 posts
Posted on 5/31/17 at 10:26 am to
Let's hope
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
67832 posts
Posted on 5/31/17 at 10:29 am to
We need this spike to last a week so that it takes the fall in the 2nd week
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 10:41 am to
BTC rose from like $250 to $2700 over 18 months.

Some would argue ETH is more widely adoptable than BTC.

Not betting the farm on it but why assume it's not possible?
Posted by TheWiz
Third World, LA
Member since Aug 2007
11866 posts
Posted on 5/31/17 at 10:42 am to
Just looking at the last two days, it looks like we're hitting our major highs and lows about every 7-8 hiurs. Is anyone else seeing that, or am I jut crazy? It would make sense in a 24/7 trading platform across the world.
Posted by mb810
Member since Dec 2011
259 posts
Posted on 5/31/17 at 10:43 am to
I think the trouble is not accepting that it could be bigger but assigning an actual price to what ether will/would cost once it becomes more prevalent in the real world applications. It's price is purely speculative right now, fueled by cryptomania. Majority of bitcoin's value came from its scarcity.
Posted by PhifeDogg
Member since Mar 2006
6266 posts
Posted on 5/31/17 at 10:46 am to
quote:

Dipping


Ting go nite-nite...

Posted by SoFresh
New Orleans
Member since May 2010
3080 posts
Posted on 5/31/17 at 10:49 am to
A 10x from this point would assign ETH a $200B market cap
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26724 posts
Posted on 5/31/17 at 10:58 am to
quote:

BTC rose from like $250 to $2700 over 18 months.

Some would argue ETH is more widely adoptable than BTC.

Not betting the farm on it but why assume it's not possible?


Not apples to apples. Quantity of Ethereum is higher than that of Bitcoin.
Posted by PhifeDogg
Member since Mar 2006
6266 posts
Posted on 5/31/17 at 11:04 am to
About 6x at the moment. So $400-$500 per ETH wouldn't be out of the question.
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 11:06 am to
True.

Interesting Bloomberg discussion where they give ETH a lot of love and 2 predict it surpasses BTC's market cap with 6-18 months:

LINK
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
468336 posts
Posted on 5/31/17 at 11:08 am to
long-term it's very likely to shoot up

i'm talking short-term. it's gone up like 20%, 2 days in a row. that kind of increase is not sustainable in the short term
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 11:08 am to
Got it.

Also the market cap has risen from 2 billion to 20 billion in 2 months...
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 11:09 am to
I'm going to buy some GNT I've decided. Guess it'll cost me a couple of ETH trading them into Polo but why not.
Posted by kc8876
Member since May 2012
3623 posts
Posted on 5/31/17 at 11:17 am to
quote:

i'm talking short-term. it's gone up like 20%, 2 days in a row. that kind of increase is not sustainable in the short term


It's gonna fall, and I'll be there to catch it
Posted by UnluckyTiger
Member since Sep 2003
42079 posts
Posted on 5/31/17 at 11:17 am to
I hit up support and they issue the ETH delay today. Coincidence I think not.
Posted by kc8876
Member since May 2012
3623 posts
Posted on 5/31/17 at 11:20 am to
quote:

okietiger


You signed up on polo already?
Posted by carlsoda
B Rah
Member since Dec 2009
5776 posts
Posted on 5/31/17 at 11:21 am to
I really only look at this as a long play... Is there a target price they are trying to get to? Maybe buy the dips to acquire more but probably hold and not sell
Posted by okietiger
Chelsea F.C. Fan
Member since Oct 2005
42266 posts
Posted on 5/31/17 at 11:22 am to
No.
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