Re: ETH price soaring. Are you going to move some BTC into ETH?

It is still going up, without single bigger dump or big correction, just straight up. Don't know where the top will be, but damn, the dump will be spectacular...1 billion for currency which was until last week in alpha release and no single shop is accepting it? There has to be some hidden reason for all this hype

I have none ..but my 'guess' is people see the banks using this for testing....see this as what the banks use to move their more 'private' tokens on this 'centralized' coin...ie comfort level...and main thing it is NOT the evil "bitcoin" so you can talk about blockchain and get investment dollars for your IPO ICO etc etc....

much like early miners......only now instead of 'home miners' being th cheerleaders they are using that idea to get 'big IPO' newbie money to go into this

(remember the big IPO hype for 'cloud miners' took a lot of newbie big buck version $$$)

So I sit here and scratch my head (like most here almost bought in a btc or two at 95c sheesh)

will this have 'legs' as the anti-bitcoin...if so at 450 buck btc 10-20 bucks for ethereum is NOT out of the question

or will it go pop?

don't know...but damn it is looking like if they had a decent wallet and got their act together ...it could very well do so

remember PAYCOIN a lot of FOMO money flowed into that....and whatever you say about ethereum ..it is legit in the sense compared to paycoin imho

not sure ..still on the fence......(no balls) Sad

edit: in my defense I shot 110 ltc last week to Carnth (one of 4 main adminstators on litecointalk.org) and you guessed it 'hacked account' thus why the site is down
either a fix or the hacker with super powers of an admin...flushed the system Sad

Also had a buddy put 12 btc into the lisk ico........ao I put 1 btc into that ...

was kinda a 'dumb week' probably.....so.....I'm NOT trying to drink the kool aid on ethereum.....(ah the heady days of kool aid drinking in 2013 )

er...shudder..anyway ...what I mean to say is I KNOW ZIP.....but in the 'morass' of my mind....at this point in time ..what is rattling around ...

my 'analysis' (LOL) is that there has a been a rush to ETH before the week ended to catch the official release of Homestead. it's a self fulfilling prophesy.

will there be enough buyers when the sell starts? the price could crash down due to illiquidity.

yeah........but again.....kinda an odd week for me..I'm usually such a 'sensible fellow'

But I agree right or wrong missed boat or not..it is 'amazing' how much this coin has pumped......my feeling is boom or bust it is the 'anti-bitcoin' or its the FOMO
because it is gonna replace bitcoin hype....and folks with bigger bucks then myself (newbies) in which the FUD of Bitcoin made them nervous (ie btc is evil everyone
says so) is the main movers on this pump (whatever the outcome)

no more home miners to push for IPO bucks...cloud mining is same..kaput....new vistas new ways to fleece folk imho (again I know zip)

so hell at least it is moving up the chain and newbies (again imho) with more bucks then sense are moving this....makes sense imho a newbie guy who can put in IPO

type bucks is a lot more attractive....assuming they are susceptible to the same 'razzle dazzle' as cloud mining and paycoin used

whatever I again have *no balls* so will watch this 3 ring circus from the rear of the tent

(then again trump as the republican nominee.....this is more likely to
replace bitcoin then that ever happening imho as of 6 months ago)

pretty confusing last 12 months and I have not even got into the 'weather' yet

whatever.....