Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
gizmoh
on 08/02/2016, 07:01:43 UTC
Don't do it!!

High probability that it won't break .01. BTC won't rally until ETH finishes somewhere above 008

Edit:
While what's cheap? ETH? Ha, it's up 400% and you think NOW is the time to buy?

I already got a few, couldn't help FoMO  Grin

What's wrong in getting say, $100 or $200, just in case?

It's cheap in that, $3 is a palpable value, psychologically speaking. I always thought that BTC redenomination (shifting decimal places by 1,000) would help adoption, but whatever, seems like listening to people is not their strongest point.

Its cheap and will remain so for a long time as there's a HUGE supply already created:  currently at 77,137,774 Eth coins. Yes thats 77 million folks!  

Ginormous Eth Bag holders that are bailing out on you.. So you can always dream of $50 a coin, that's would amount to nearly $4 billion market cap, for a coin that doesn't even have proper GUI client..  

https://etherscan.io/stats/supply