Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
owm123
on 01/03/2016, 23:09:46 UTC
I've sold all my ETH when they reached 0.015 BTC. I feel bad about it now that they're over 0.017, but frankly I feel safe. I don't like it when I'm in front of something I don't understand. There's just no reason why ETH is gaining so much value so fast. Can anyone explain what's going on? The market is irrational. Hey, the quicker the rise, the quicker the fall.

Actually it's quite simple. Bitcoin's dev & the foundation are failing over & over to reach an agreement about scalability. Ethereum has a clear & defined roadmap.

Also Homestead is coming in 2 weeks, plus recent interest by samsung and cannonical also adds to the price increase imo.