Quote from: stoat on August 10, 2015, 12:35:42 PM

Quote from: Elendariel on August 10, 2015, 12:27:18 PM

The thing is, etherium isn't ment to be used as a currency, but to only fuel the platform. Smart contracts etc. People assume that it is a scam, but in my eyes they have been very much open about what it is going to be. As for the price drop, anyone who has been in the crypto scene knows that every coin that is released will have a huge price drop, specially in coins that has an initial investment in it.

I am very much happy i invested in etherium, i made monster profits and profited on the fact that i knew that most people who invested in the coin wouldn't be able to sell at the start since they wouldn't know how to use the command line wallet. I sold my investment early since i know when the windows wallet comes most will be dumping their ethers then. I believe that Etherium can be a huge part of our economy, not necessarily as a coin but as a platform for innovation, it shouldn't be taken lightly.

As for investing in the etherium-coins, i will wait untill the windows wallet gui has been made and the rest of the people have dumped their possible investment.

Congratulations on dumping. When do you plan to buy back in? Don't you think people that wanted to dump couldn't already use the sweeper tool on kraken? I don't think windowsGUI will cause more dumping. I think it will cause more buying.

If you look at the chart the price of 0.0026 looks like a pretty stable floor. I think the dumping is finished already.

Well, i will be following the markets closely as etherium has a more than a good chance of getting a much higher marketcap but i will wait for the initial excitement of people to wither down a bit before considering it. I do not think most people have dumped as the command line wallet is very hard to use for people who are not tech-savvy, theres a lot of buy resistance but it will steadily go down despite of it. I can be wrong but highly doubt it as i am rarely wrong in this sort of things in my own experience.

I have no idea about kraken as i traded at poloniex, we had a 24h waiting period before trading was allowed (Etherium staff asked exchanges to wait). What windowsgui will do is give access to those wallets that people haven't yet been able to access to, only logically i think they will sell if the price is still higher than from when they bought their coins a year ago. After that i believe the price will start settling to a norm.

This is only my opinion but i always value it highly, might be biased though Cool

Edit: kraken volume is so low, most people wont be able to dump there.