Re: ETH price soaring. Are you going to move some BTC into ETH?
I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.
By sell the rebound, I don't mean shorting, but buying the big red candle preceding it. Perhaps I'll miss the bottom, but I'm not going to fish for it in a gentle, almost orderly decline. Show me the whites of their eyes - then I will act.
The chart on Bitcoin looks good to $1000 to me, though I can't deny the possibility for dumps with Segwit activation. Shall I carve your words in stone? Probably not.
Probably not but maybe write them down in a notepad
.BTC seems to be going above $800 but we'll see what happens after Sunday with the Italy vote, if No wins Bitcoin will continue to rally but it won't last long. I'm not selling Bitcoin just yet, just waiting to hit $800. No adoption, no development, same issues, block fulls, confirmation times, it will dump because it's all short term speculation based on nothing. Of course it will still be king but same thing happened with the halvening. A fair price to close out the year would be around $650-700 tops.
ETH is already recovering a little bit, I think you could've bought that red line to 950k,...I admit I picked some, to me that's the trendline before the Dao and I couldn't help myself. Like many we are all waiting to get ETH at $3-5. I suspect we will never see that, not even in a flash crash but stranger things have happened.