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Vitalikbuterin

Ethereum - Falling Wedge Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst SaysNEWS Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the best risk/reward period for investors to get Bitcoin exposure. He added: “To objective observers, the network’s momentum was clear despite the bearish price action; those predisposed to dislike based on perceived vested interests, were blinded by biases & missed the bus. What happened to $BTC then is happening to $ETH now.” Bottleneck issues “not solved at all” Parallel to Burniske’s comments on Ether’s price action, the founder of top crypto exchange Binance, Changpeng Zhao, also known as CZ, picked up on the ongoing debate sparked by Vitalik Buterin’s statement this week that the Ethereum blockchain is almost full. CZ tweeted on Aug. 21: “I like Vitalik & ETH, but speed & capacity was a problem a year ago, but now a largely solved problem for newer blockchains (for now). We need to increase real applications that people actually use, so that we hit the new capacity issues/limits again. Focus on applications.” In response, Buterin said that scalability issues are “not solved at all,” noting that even the newer semi-centralized blockchains can only process transactions p/second in the hundreds. EOS, for example — he claimed — has already faced scalability bottleneck issues. The Ethereum co-founder also conceded he was becoming more and more pessimistic about off-chain second layer solutions such as Lightning Network — a scalability solution for Bitcoin which opens payment channels directly between users that keep the majority of transactions off-chain. Thus, the underlying blockchain is only used to settle the net results. Buterin argued that second-layer solutions are “hard to build, require too much application-layer reasoning about incentives, and hard to generalize.” Technicals and price Despite Ether’s latterly bearish fortunes, the results of a recent survey of the global crypto Twitter community indicated that 54% of respondents believe Ether will see $1,000 again. That optimism continues to be tested: in the depths of crypto winter Fundstrat senior analyst Tom Lee made the ill-fated call that ETH/USD would rally to $1,900 by the end of 2018. Meanwhile, Buterin’s recent remarks indicated that with scalability still as thorny an issue as ever, the pressure of high transaction costs and the squeeze for transaction space is keeping new partners from joining the network. If this is right? We will have an extensive wave 3 ... It seems right. XRP walks on the same side
BITSTAMP:ETHUSDLong
by ferGOD
1
Sharks Are Homing In For Ethereum - ETHUSDThe near-term outlook of the Ethereum market has turned bearish following a quick dip below Key Level 1 at 135 that broke its near-term market structure. Though Vitalik is still clinging to that level for dear life, that tiny drop of blood he spilled into the calm waters is enough for the sharks to home in for the kill. It is just a matter of time before his skinny arms give up to exhaustion and let nature takes its course. That is when price pushes through Key Level 1 once more and decline further to test Key Level 2, a level where we anticipate a technical rebound to materialize.
BITFINEX:ETHUSDShort
by UnknownUnicorn4306966
OMG ready to go on a runA lot of people forgot about this project and have already sold their bags as there was not much hype around it. Huge mistake. Plasma will be released soon, my gut is telling me in the next 2-3 months, including their own decentralized exchange. Plasma is currently in testnet and there's already a first game running on it called "Plasma Dog". I seriously think this is the bottom. I've missed buying OMG at 477 sat, but I did get in at 494. I'm expecting it will be trading between 491 and 547 sat before it enters the next stage - 690, approx 40 % profit. Good luck trading this monster.
OLong
by supremetrejdr
4
ETHEREUM AT LOWEST LOWS SINCE NOVEMBER 2017 !!!Bitcoin! Bitcoin, wow look how good it's doing let's buy some!! No. If you have been in crypto more than a few months you already know to NEVER BUY INTO A BULL RUN. So while I'm waiting for a good entry for BTC I decided to check on good ol' Ethereum. The chart honestly looks amazing so unless you truly think Ethereum is about to totally die (it's not). I got in at $283 , noticing some serious short term bullish indicators on the RSI. As you see we are being confined to my "red zone" , price staying steady but RSI experiencing some pretty heavy swings. Ethereum is still #2 under Bitcoin for overall market cap and it's oversold with extreme upward potential. So many ways to play this, but I think the best bet is to HODL. I remember Ethereum going from 350 to 700 almost overnight shortly after some negative press, and surely has the power to do this again. This looks like a perfect setup for alt season. ETH/BTC and ETC/USD are both looking very tasty right now. I think BTC needs some sort of correction before heading upward, so maybe the focus will shift to overlooked ETH for a bit. That's what I'm hoping on. Of course I am not a professional financial advisor and this is not financial advice. Trade safe. Please leave a like if you agree and feel free to troll me in the comments below!!
BITFINEX:ETHUSDLong
by peakindicator
10
Ethereum Price Analysis: Probably a Great LONG-Term and Short-TeSo, let’s not make any bones about it. I was wrong on this call. Unfortunately. Stopped out! Above is a look at Ethereum on the H6 chart. I pick the H6 because it tends to give me the best of both worlds when it comes to the lower TF charts. What Happened So, as the price of Bitcoin (specifically) spiked, Ethereum did not go up with it. This is the case for many of the other altcoins in the market during Bitcoin’s run up to $6.9k. However, as the price of Bitcoin began to consolidate it’s way back down to the sub-$6.5k range, the rest of the market continued to plummet with it. As you can see in the screenshot above, Ethereum was no exception. Ultimately, despite me being wrong, it wasn’t an egregious mistake because the price of Ethereum hasn’t necessarily gotten throttled. Currently, it’s down about 7% from where it was at the entry of the trade that I had recently listed. The S/L was only 3% down to maintain our >1:2 R/R ratio. There’s definitely potential for a double-bottom if you look at it correctly on the chart above. I made it a little easier to identify with the golden circles. Of course, the price would need to breach $318 first. Fibonacci Levels For those that believe in the Fib levels, this price has buoyed right against that 78.6% retracement mark rather well (this is on the daily). Conclusion This is a fairly short analysis, because I didn’t think we needed to do too much with this. The price is pretty self-explanatory at this point when it comes to $ETH and we’ve already laid out the overhead resistance points. I don’t anticipate that the “bottom” for $ETH is more than 50% below where the price is at this very second, and that’s probably true for most projects in the T100, so buying here and just holding for the long term isn’t a terrible decision at all. In my opinion (not financial advice), if you are not a trader but you’re still someone that is looking to hop in the markets and make a couple bucks from holding some good positions, Ethereum looks like it’s a good buy. I’m not sure how long that it’ll last in the grand scheme of things, but I imagine that it will one day surpass the price that it is at now. If it doesn’t, then it’s just simply going to die. So, we’re getting at that point in the bear market where you either have to “believe” in the tech itself, or accept that it’s going to die. Pick one. And if you believe in it, then investing at this point sounds like a righteous idea. If not, then stay the hell away!
BITFINEX:ETHUSDLong
by librehash