Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
bitcerto
on 02/03/2016, 10:39:51 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.

This right here is why I could see ETH becoming THE new dominant coin given a long enough time frame. Bitcoin was the first, but I've never thought it would be the ultimate. Not saying for sure it's ETH, but given a long enough time frame (that part is important), another new coin is what will reach real mainstream success.

That being said, this definitely isn't the time to buy ETH. I'll be swooping in after all this dies down in a month or three.