Quote from: jjacob on December 03, 2016, 12:21:11 PM

Quote from: mtnsaa on December 02, 2016, 10:24:13 PM

Quote from: yefi on December 02, 2016, 10:00:50 PM

Quote from: mtnsaa on December 02, 2016, 06:01:21 PM

Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.

Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).

Nope, not accumulating. That's a sucker's game at this point imho. Waiting for the big move, as I said recently, with the intention of selling the rebound.

I do not share your bearish views on Bitcoin.

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.

Shorting ETH at this stage would be a bad, bad idea. It already is at a six month low (in terms of BTC) and there seems to be no fundamental reason for further declines. Bitcoin is showing strength, but that should not be reason for you to go short on ETH.

It is better to buy some when the price recover from the recent lows. So we have to wait for a few more weeks.

Cajulasa

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