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 the cheerleaders they are using that idea to get 'big IPO' newbie money to go into this RAH RAH!
(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)
edit: in my defense I shot 110 ltc last week to Carnth (one of 4 main administrators 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
Also had a buddy put 12 btc into the lisk ico........so I put 1 btc into that ...tonto to his lone ranger if it all goes 'tulips' I can talk him off a ledge
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 ...
Reading this you should consider investing against yourself. If you throw money at LISK or whatever happened with LTC there (not sure I follow) you could consider essentially countering whatever you decide to do. In this case because you are wary of Ether it likely suggests its a good investment.
yeah you have a point on lisk...weak moment with a friend....so I said what the heck and got 1btc's worth (sure looks pretty thou 27k of lisk)
as to LTC my equip ROI'd long ago.....715mh.....I'm mining LTC at 98c per LTC from electric to coin
So LTC is NOT a problem.....still doing 55 LTC a week bound to happen someday....but I take you point the moment I would 'invest' in Ethereum it would TANK. (hey its a gift..that and missing crypto boats of any type)
Why not convert 55LTC this week to Ether? It's not a huge loss either way and is a nice small bet.