Quote from: iCEBREAKER on February 12, 2016, 09:11:38 PM

Quote from: pbleak on February 12, 2016, 10:22:38 AM

Quote from: qwizzie on February 12, 2016, 08:13:28 AM

ETH experiencing gravity after all, question is : will it totally crash (back to 0.006) or somehow still recover ?

https://cryptrader.com/charts/poloniex/eth/btc

New money on the weekend. It'll be fine for now. It's what happens on Monday that matters.

Quote from: Department of on February 12, 2016, 08:58:28 PM

Quote from: toknormal on February 12, 2016, 06:39:04 PM

Quote from: GhostPlayer on February 12, 2016, 05:40:43 PM

tok.. .what crash? It's not happening! Should have happened by now, no? Only waves of uptrend. Slight "correction" today, but still... what's your take?

Don't know. If the 1-hour correction manages to complete before the 30-minute chart rolls over again then it might survive this level and propel on a bit. But the rise is pretty phenomenal. There's something totally unnatural about it. I've seen it so many times - Blackcoin, Maza, Bitbay, you name it. Somebody is sitting there with an absolute monster reservoir of Ether just waiting to pick their moment. They need to wait for enough liquidity to build at the lower levels which will be their primary dumping ground.

a.t.m. I don't see it getting past that last high - people would be a bit mad to start buying in at this point.

[Sorry for off-topic garbage. Current background topic of the day.]

I thought things might be getting spread around a little more with all the volume ETH has been having, but I looked at the top addresses in the block explorer last night and it spooked me. There are still over 100 address with 100000+ ETH sitting in them- and the top 572 are still over 20000. These 20000 ETH people casually dropped in 10 BTC to the IPO and are now sitting on over $116000 at the current price...

ETH is off-topic here.

Please post somewhere else.

Yes, please go here to discuss ETH. (The Ethereum Paradox)