ETH'S 24 HOUR VOLUME IS BIGGER THAN
Bitcoin, Ripple, Litecoin, ETC, NEM, Dash, IOTA, Monero, Stratis and BitShares COMBINED!
all those shorters soon have to either take new loans and force themselves to pay back even bigger ETH interest in a few days, or start paying swallowing their massive losses and pay the loans back, unchaining ETH and making it skyrocket
watch out they're trying to lure you into selling out just before bypassing the sum of all those coins in marketcap as well
top kek
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YOU JUST KNOW ITS THE FUTURE MARKET VOLUME DOESNT LIE
ETHEREUM GONNA TAKE OVAAAAR UNTIL I REACH LAMBOLAND BRAHS
Whats the volume if they dont include all the 0 spend ddos transactions?
not to mention that Alibaba group will have ETH payments on their websites soon, which will cause ETH to moon to at least $600
precisely the same?
Oh right you are talking about volume on exchanges not actual chain transactions. Probably all the ico scams cashing out.
source?
Source on this?
Volume is massive but it is so in a downward movement. The sellers are way outnumbering the buyers. We've been at a slow battle all day while the sellers eat through the buyers but the buyers are drying up and the margin is growing bigger. There should be a sharp drop downward soon with the first major stop at $284.
Eth is going down. Don't buy just before the dip, newfags.
>cashing out at 285 when they could've cashed out at 360 a week ago
uh huh
right
definitely not accumulation
>8.16% increase in price in the past 24 hours (clearly on the graph)
>25% increase in the past 48 hours
>it is so in a downward movement.
>definitely not a shorter on suicide watch
Look at the volume and MACD from the last 10 hours. I've been watching the chart and books all day, watching the slow crawl. ETH is going down.
Screencap this and see at midnight
...
>walls within a 5 percent range
Wow that means so much
Lol, ya, because it fucking crashed. Eth is dead boys. It's time to move on.
Oh, also this. A buy wall of 1700 that suddenly appeared. It has been elevating the price up and keeing it from falling below it for awhile now. Once it is removed, prices will plummet. These are whale games, goyim.
...
> cab driver has no idea what ETH is, for the masses crypto is still equivalent to Bitcoin
theguardian.com
>solving transaction throughput
the ETH gas limit (per block) has finally started its increasing today, the blocks already capable of moving 10% more transactions than they could process in the morning, and they ain't gonna stop
reddit.com
>Whale risk
this applies to literally everything. stock / FIAT currency / crypto. satoshi holds over 1 million BTC
>people assume exchanges as secure as banks
nah. anyone trying to invest will get a call by their bank telling them they ain't.
>the exchanges mostly use automated trading bots
the ratio is pretty much the same as any FIAT currency / stock market exchange lol
>its highly suspcious that exchanges prevent trading during big price swings
TOP LOL. first off, most crypto exchanges don't. coinbase/gdax consume what? 5% of the overall volume?
2nd off actual stock exchanges ACTUALLY DO THAT lol in a far higher %
if you don't want your transactions to be suspended, just use an exchange that has never suspended transactions befor
>ETH is going to switch to Proof of Stake
MEANING THAT NEW COINS ARE GOING TO BE EQUALLY DISTRIBUTED BETWEEN THOSE HOLDING THEM. IF YOU HOLD 0.000001% OF ALL ETH, YOU'RE GOING TO KEEP ON HOLDING 0.000001% ETH WITHOUT HAVING TO SPEND $10,000,000 on mining equipment and then keep burning away energy (mining is only profitable in china in the long term anyways, cuz they get a fraction of the energy (not to mention hardware manufacturing-) prices. the future is either chinese miners ruling over all coins and deciding their fate or PROOF OF STAKE)
2000 char limit, cont.
>money supply risk
the core dev team may be able to influence how high % the miners get, but they HAVE NO INFLUENCE AT ALL OVER _WHO_ GETS IT, unlike central banks
after the switc to proof of stake it'll be literally meaningless anyways, because it'll just increase the number of ether in the hands of the current holders (so it'll almost certainly be at 0%)
reddit.com
>regulation risk
yeah, how are they going to regulate miners literally all around the world? why do you think bitcoin has never been regulated, not even when it's only actual use was buying drugs? because it'd be impossible to implement state-regulation for it in practice, that's why
you can rest assured many people tried to work that out already, and failed
>the current market depth on ETH could be eaten entirely by...
LOL, look at the graph. ETH has a bigger market depth than the top 9 cryptos combined. it's BY FAR the safest crpytocurrency OF ALL in that respect
slow down lil b
>solving transaction throughput
actually a 40% incrase in transaction throughput by now and counting, lel
i can't
Imagine when the big dump happens... volume wii be yuuuuuge!
THIS JUST IN
MINER REWARD LOWERING SCHEDULE LIKELY BEING INTRODUCED TOMORROW
AS A STEP TOWARD CASPER AND PROOF OF STAKE
once proof of stake is up it'll be infinitely harder to get into ETH, the more ETH you hold, the more mining power you hold WITHOUT ANY ADDITIONAL COST
so most of the miners that sell will likely stop selling if the schedule is actually introduced, to preserve their future mining power