How low is ETH going to dip?

How low is ETH going to dip?

What is the reason for dip?

Should i buy the dip?

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>dip
>up 10% from literally 36 hours ago

i remember the price being normally above 0.08

eth-fiat pair

People are buying bitcoin and other mooning alts right now. As soon as bitcoin starts to correct money will flow back to eth and it will shoot. If your long on eth just hold. Also there's alot of BCC yet to be sold. Blocks are taking ages but all that money from bcc over the next few days will go back into eth and btc.

You missed the dip

t. Bought in at $192

ETH trades almost entirely in fiat. And right now BTC is preparing to leave the stratosphere. So that would explain why.

This is correct. As soon as BTC starts correcting ETH will shoot back up and we'll be looking up to $400 again.

Reason for the dip : an idiotic whale dumped on coinbase this morning in order to break the support lines. I was watching my screen as it happened.

im not longing eth at the moment.
i am considering buying it

So i should buy it now or wait till the hassle with BTC/BCC calms down?

>There is no dip

tricky to say. it could bounce on the new support line which mean a good time to buy would be now, but if we have another dump or it's simply not strong enough it'll go straight back to 220 I think.

Anyone who has paid attention to the cycle understands
>ratio pumps
>price pumps or stays flat
>if fiat price stays flat, btc-fiat is pumping, people are accumulating eth
>btc corrects against fiat, eth-btc ratio pumps and eth increases against fiat
velly simple whitu manu

I have been drinking and im pretty drunk at the moment.

I have been very passive lately and havent done any trades in 2-3months now. (my access to poloniex was limited due to security issuess)

So now i feel the urge to take some action and do something. I want to make trades again. I can't wait to get back to business!

I recovered my poloniex account and i'm looking for something... i don't know exactly what but i need to find something

Kek and I have never even withdrawn any of my crypto gains and i have such a big amount but i'm waiting.
one day i will withdraw it all. but i'm too afraid of taxes.
that will be fun. i know.

Yes but I'm still convinced BTC has a bunch of people who were hesitant to buy in because of the August 1st shit and will be buying in more and more until Segwit activates on August 8th. Then I'll sell my BTC again.

I'm holding ETH through all of this though. I intend to sell ETH around $500 and move that money into lower cap coins.

>I intend to sell ETH around $500
same, see you in 2019 lad ;_;

>eth/btc ratio

Are you retarded user

ethbtc ratio is important

also your pic is gross
looks like a dorm building...
please god give me only sons

What dip? 190-220 fluctuations? Lmao...

I think that pic is inapropriate here... i'm not sure.
It turns me on a little bit tho.
Doesn't matter.

Anyway the eth/btc ratio because i don't trade fiat. I never did.

sounds like it's pretty safe to invest in eth

It's a shit tech that even the brightest Dev couldn't write a secure smart contract on

Why do people believe it would go above the bot manipulated cap at $235?

because i'm praying this channel holds

>already broken
run son

232 was a false break too
217 and I run

do you think your statement accurately reflects reality?

try again

youtube.com/watch?v=htgr3pvBr-I

t-t-this is where the b-big green candle happens, r-right...?

...

it's back
everything is ok

>support lines broken two times.

Yeah we're going down for now.

We're about to find a new one at 230 by tonight.

seems fine to me