Quote from: GreenBits on July 22, 2016, 04:57:08 PM

Quote from: mtnsaa on July 22, 2016, 03:12:26 PM

Dead cat is alive, well maybe not technically, more like a zombie. BTC decline helped ETH no question, I wonder if this is a huge manipulation/exit strategy. I don't have the balls to short ETH but if this is the case it should be EPIC.

Hehe, zombie-cat lurch, I like that. Agreeing with you the btc downtrend is inversely correlated with the ETH spike, wondering still if this weekend we are going to see a huge correction or not. Forgive my paranoia, but something about this just doesn't seem right. I can't put my finger on it. But I have to give ETH its props, or the Navy Seal elite level pump team that is supporting ETH. I publically called a crash. I've been eating my hat the last few days. Even if it is disgenuine, it's happening according to the chart. This reaffirms some of my conclusions about investors in this asset class, and disappoints me at the same time Sad

but I'm not a dick, I love to see people make money. C.R.E.A.M.

I smell something fishy, but I can't figure out what it is.

I went from ETH fan and long term holder in this thread to "hater" after the hack. But if this is no manipulation we all have to agree that ETH is here to stay, we started discussing the bubble when it was $1-2 I think. ETH had a lot price fluctuations but I think it's time to admit that it's becoming a true contender to Bitcoin and that's not an easy task to achieve.

Even if it goes back to a more sane price of $5-7 per ETH, it will still be huge. I think this will happen after all this hype wear off, there are some new ETH projects coming up like Augur, Gnosis, etc but I'm not sure how many people will invest heavily after the DAO debacle.