Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
danandanderson
on 12/04/2016, 08:01:06 UTC
This picture is not correct

Okay. In this case, please show to us correct picture.

This is the correct chart projection :



3 Bubbles in a row, so close to each other, no big, sustained correction - obvious the entire exercise was a run-up to the long-anticipated Homestead launch.

Now that Homestead's out, & Metropolis not about to launch for several months at least, we get a much larger correction than the previous 2016 bubbles, logically.
lol, cheers for the updated chart, its same as mines with the green lines a few weeks ahead.  Smiley btw where i put he last almost popped arrow head, was my predection of the last dump, i said 10,15% dump could happen.
Reason no big correction ... imo coz its still too cheap for what it can do compared to every single coin out there, its still undervalued.
 If this pump was for homestead then that means it began in january and lasted around 3months and you say Metropolis in several months, which suggests to me, either i buy or hodl now as smart money is on the way for the next pump.

I am holding mine. Mining will stop soon and I am sure that will help eth price. We have to have in mind that more and more dapps are coming, slockit will be here soon and that will only boost the price of eth.

It appears to be turning up again. When will the mining stop and what exactly will happen then?

Nobody knows the dates, but it should go to PoS, in couple of months. PoS was allready adressed here, no excact % were released but it should be arround 5-10%. And there will be limited time, after certain time passed it will become unprofitable... It was written couple of weeks ago, look it up in the thread