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  #101  
Old 25.11.2017, 10:34
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Re: Ethereum

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The last couple of weeks have been interesting in the crypto money world.

After hovering around $300 for weeks, the price of Ether has risen, touching $475 today, an all time high. I don’t understand why.

I bought some Iota coin a few weeks ago at around $0.34 for 1m. Since I bought it, the price of this coin rose at one point to $0.97. Again, I don’t know why!

Bitcoin’s price has, over the last few days, exceeded $8,250.

If it keeps going like this, i’ll be wealthy enough to treat my kids to a McDonald’s on Christmas Day (without having to cross the border to France).
Bitcoin has retreated a couple of hundred dollars following the dramatic rise in interest in Bitcoin Cash (which in turn was spurred by the acceptance of that currency on a number of mainstream exchanges). Some BTC investors have reacted to the BCC success by pulling money out of BTC to buy BCC and ETH, among others, instead. Hence the rise in ETH's price.

I bought both BTC and ETH. Effectively, I'm hedging.
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  #102  
Old 25.11.2017, 10:58
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Re: Ethereum

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Bitcoin has retreated a couple of hundred dollars following the dramatic rise in interest in Bitcoin Cash (which in turn was spurred by the acceptance of that currency on a number of mainstream exchanges). Some BTC investors have reacted to the BCC success by pulling money out of BTC to buy BCC and ETH, among others, instead. Hence the rise in ETH's price.

I bought both BTC and ETH. Effectively, I'm hedging.
I sold both BCH and ETH and put the funds back into BTC only yesterday. The ETH jump was driven by the successful Casper release earlier this week.
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  #103  
Old 25.11.2017, 12:03
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Re: Ethereum

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So, how's your french teacher enjoying retirement?
Ha! He's been on vacation in South America for the last 6 weeks.

I'll ask him when he gets back.
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  #104  
Old 26.11.2017, 04:00
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Re: Ethereum

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I sold both BCH and ETH and put the funds back into BTC only yesterday. The ETH jump was driven by the successful Casper release earlier this week.
As of right now (BTC up over 8% in 24 hours, ETH down 3%), that seems to have been a wise decision.
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  #105  
Old 26.11.2017, 13:54
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Re: Ethereum

Bitcoin is completely out of reach now
What is the view of EFers about Ripple ?
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  #106  
Old 26.11.2017, 18:40
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Re: Ethereum

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Bitcoin is completely out of reach now
What is the view of EFers about Ripple ?
Why? You could have said the same a week ago, then watched it climb 20% against the euro. There's no compulsion to buy BTC in whole units. Buy a tenth, or a hundredth, if you wish.
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  #107  
Old 26.11.2017, 20:16
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Re: Ethereum

Be careful if you are American and using Coinbase to buy cryptocurrencies. The US IRS wants to get in on the action. Here is a bit of information.


Here's another one:


Unfortunately, If the IRS gets access to CoinBase every other aspect of the crypto market is vulnerable!! At some point, there will be nowhere to hide and any anonymity will be thrown out the window. Which is precisely what the banks and governments want! Some people ask how can they figure out cold storage and hardware wallet and wonder if they are looking for names of people that have Bitcoins, Ethereum, (or other cryptocurrencies) then investigate them individually and perhaps get warrants for computers, smartphones, and other devices for investigation. I'm not a cryptocurrency expert and I'm still a bit on the fence about them. All the same, whatever you decide to do, Good Luck...!
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  #108  
Old 26.11.2017, 20:29
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Re: Ethereum

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Bitcoin is completely out of reach now
What is the view of EFers about Ripple ?
My view is it is aimed at corporates and highly centralised. 30 bln plus tokens in circulation with a cap of 100 bln to be released by the devs over the next 4 years at 1 bln per month. There are many better options for making gains.
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  #109  
Old 27.11.2017, 00:19
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Re: Ethereum

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Why? You could have said the same a week ago, then watched it climb 20% against the euro. There's no compulsion to buy BTC in whole units. Buy a tenth, or a hundredth, if you wish.
Agreed, but feels like most of the upside is already taken.
But, who knows !
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  #110  
Old 27.11.2017, 00:29
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Re: Ethereum

I've decided to steer clear of Bitcoin, Ethereum and so on...something just doesn't seem right. What good is Bitcoin or such if it's not really liquid...as holding any curreny should be.
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  #111  
Old 27.11.2017, 08:03
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Re: Ethereum

Horses for courses, I have no problems spending or trading it and the 90x gain in value over the last three or so years is a plus.
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  #112  
Old 27.11.2017, 14:16
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Re: Ethereum

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I've decided to steer clear of Bitcoin, Ethereum and so on...something just doesn't seem right. What good is Bitcoin or such if it's not really liquid...as holding any curreny should be.
https://www.reddit.com/r/Bitcoin/com...e_here_to_beg/
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  #113  
Old 27.11.2017, 14:20
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Re: Ethereum

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Horses for courses, I have no problems spending or trading it and the 90x gain in value over the last three or so years is a plus.
Exactly! Still standing and watching it soar.
It seems like, it is still not a bad time to invest.... Decisions !Decisions!
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  #114  
Old 27.11.2017, 20:09
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Exactly! Still standing and watching it soar.
It seems like, it is still not a bad time to invest.... Decisions !Decisions!
If you watch it long enough, you could treble or even quadruple your imaginary stake! Think of all those Imagifrancs you could have one day!
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  #115  
Old 29.11.2017, 13:48
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Re: Ethereum

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Exactly! Still standing and watching it soar.
It seems like, it is still not a bad time to invest.... Decisions !Decisions!
Did you decide?
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  #116  
Old 29.11.2017, 15:08
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Re: Ethereum

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If you watch it long enough, you could treble or even quadruple your imaginary stake! Think of all those Imagifrancs you could have one day!
I'm virtually rich! RICH!
I looked at bitcoins since they were less than 50USD; now they went over 10K USD, I considered getting a few or more, and I did, in my head, doing some projection on how much I would potentially earn!

Now it went far beyond my initial expectations, I haven't even imagined so much increase at the time. It's like I invested in my thoughts and I'm now rewarded. I'm imaginary millionaire!


I need a new name like CorsebouTheReturnOnImaginaryInvestmentMillionaire. Or GoldFinger!!!

...Anyone who wants to buy virtualmoney (as in really virtual)?
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  #117  
Old 29.11.2017, 16:30
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Re: Ethereum

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Did you decide?
Finally bought a small chunk ... lets see
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  #118  
Old 29.11.2017, 17:54
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Re: Ethereum

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Finally bought a small chunk ... lets see
Good for you. I hope you didn't buy at $11,150. Then again, I hope the price soars well over that mark again soon (like tonight).

I'm pretty happy with my ETH-as-hedge-for-BTC strategy. While my average gain on BTC over the last two weeks is 53.33%, that satisfactory gain has been tempered somewhat by the more modest margin on my hedge, ETH: only 50.44% over the same period.
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  #119  
Old 29.11.2017, 18:37
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Re: Ethereum

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Good for you. I hope you didn't buy at $11,150. Then again, I hope the price soars well over that mark again soon (like tonight).

I'm pretty happy with my ETH-as-hedge-for-BTC strategy. While my average gain on BTC over the last two weeks is 53.33%, that satisfactory gain has been tempered somewhat by the more modest margin on my hedge, ETH: only 50.44% over the same period.
No, I bought it at 9k+ but still expensive. Do you see ETH as a hedge for BTC ? They are moving in tandem atm.
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  #120  
Old 29.11.2017, 18:43
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Re: Ethereum

Last month I had tried to buy ETH through coinbase. transfered the money but it came back to my account. ETh was 285 that time

I suppose the problem was I sent the money from CHF account to Coinbase EUR account.

well, a missed opportunity.
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