Ethereum [Archive] - TSP Talk Forums

Tsunami

06-13-2017, 03:10 PM

I took the plunge and bought 5 Ethereum a few days ago to compliment my one bitcoin. I also bought 10 shares of GBTC for my Roth IRA. Now I just sit back and watch the fireworks each day.
Based on everything I've read lately it seem Ethereum is better managed, is becoming accepted by merchants more quickly, and the higher number of them in existence will keep the price lower and make them psychologically more appealing than bitcoin. I have little fear of either one crashing back to zero (having said that I've only invested funds I can afford to lose), the momentum/interest is still building and just in it's infancy.

I remember the TSLA IPO and how I told my wife I planned to buy a few hundred shares when it dipped below $20, but then didn't do it...I could have made even more if I'd just held onto the 3000 of shares of XM Radio (XMSR) I bought early on for about $3.50, but then sold for a 10% gain and watched it soar to over $50....I've learned my lessons, when you come across something appealing to the masses, don't hesitate, grab it! I don't want to kick myself a few years from now for not buying into blockchain early-on.

Nice gains again over the last 24 hours: CryptoCurrency Market Capitalizations (http://coinmarketcap.com/)

tsptalk

07-16-2017, 10:15 AM

Ethereum and other cryptos continue to get hammered. I don't know if it's a symptom of the Aug. 1 Bitcoin Segwit (https://bitcoinmagazine.com/articles/bitcoin-miners-miss-first-bip-148-deadline/) taking down all of the cryptos, or just a bubble bursting.

It's either a really good buying opportunity for those who missed most of the run up, or the beginning of the end for them.

Since Ethereum was under $10 earlier this year and is currently about $150 we can still say it went too far too fast, but it is also down about 65% from its recent highs. This is a great battle between the believers and the non-believers, or rather the believers and the weak hands who want to be in but can't take the volatility.

Since I own a bunch of Ethereum now at prices over $200, I've become a buy and holder rather than a trader, which is not normally my style, but being a believer in the Ethereum / blockchain technology, I can't sell down here.

clester

07-17-2017, 09:21 AM

tsptalk

07-17-2017, 09:59 AM

I'm not sure. But with anonymous, it sounds like there is no record of transactions. Could be good... or bad.

clester

07-20-2017, 08:56 AM

Looks like most coins have broken their downtrends. ETH has so, I bought a little more. Dollar cost averaging. $226 I think.

tsptalk

07-20-2017, 09:53 AM

MasterCard and Cisco are now exploring the Ethereum possibilities...

The Enterprise Ethereum Alliance Just Got A Whole Lot Stronger

"The Enterprise Ethereum Alliance (EEA) is officially the largest open-source blockchain alliance in the world thanks to the latest additions, MasterCard and Cisco."

https://www.inc.com/brian-d-evans/the-enterprise-ethereum-alliance-just-got-a-whole-.html

userque

07-27-2017, 10:24 PM

https://blogs-images.forbes.com/laurashin/files/2017/07/0705_forbes-cover-bubble-cloud-100-07272017_1000x1313.jpg

Frixxxx

08-01-2017, 09:53 AM

Ethereum is spiking as bitcoin splits in 2

Seth Archer
Aug. 1, 2017, 10:33 AM
(http://markets.businessinsider.com/news/stocks/ethereum-price-spiking-after-bitcoin-fork-splits-in-two-2017-8-1002223064)
Bitcoin' (http://markets.businessinsider.com/currencies/BTC-USD?utm_source=markets&utm_medium=ingest)s future is yet to be decided, and Ethereum (http://markets.businessinsider.com/currencies/ETH-USD?utm_source=markets&utm_medium=ingest) is gaining on the uncertainty.
Ethereum, the second most popular cryptocurrency by volume, is up 9.15% in early trading Tuesday (http://markets.businessinsider.com/currencies/ETH-USD?utm_source=markets&utm_medium=ingest), trading at $224.34.
That is down 43.22% from its high of $395.13 on July 12.

Ethereum is spiking as bitcoin splits in 2 | 08/01/17 | Markets Insider (http://markets.businessinsider.com/news/stocks/ethereum-price-spiking-after-bitcoin-fork-splits-in-two-2017-8-1002223064)

Ethereum is spiking as bitcoin splits in 2

tsptalk

08-15-2017, 10:24 AM

Added to Ethereum today at 279.11. I had bought several over the weekend when it pulled back to 301 so I'm down on this trade and averaging in.

If bitcoin pulls back, which it is doing today, we could eventually see some of that money go into Ether.

I still have 0 bitcoin. Would get interested again at support levels near $3450 and $2950.

tsptalk

08-21-2017, 09:03 AM

Ethereum is breaking out of a cup and handle formation this morning.

http://www.tsptalk.com/images/mb/082117a.gif

I am going to sell a few and pick up a bitcoin, which just ticked back under $4000 to $3990.

Frixxxx

08-28-2017, 12:40 PM

For the Ethereum miners!

AMD Radeon RX Vega 56 Gaming And Ethereum Mining Beast GPU Launches, Sells-Out In Minutes

by Brandon Hill (https://hothardware.com/author/Brandon-Hill) — Monday, August 28, 2017

https://hothardware.com/news/amd-radeon-rx-vega-56-gaming-ethereum-beast-gpu-launches

.....

The Vega 56 is sure to be a popular card with gamers, as our benchmarks showed it as a compelling alternative to NVIDIA’s GeForce GTX 1070 (https://hothardware.com/tags/geforce-gtx-1070). In addition, Ethereum miners (https://hothardware.com/news/ethereum-mining-fuel-30-percent-surge-q2-gpu-shipments) also have a lot to celebrate with the card, as new mining-specific beta drivers from AMD have really opened up performance (https://hothardware.com/news/amd-radeon-rx-vega-ethereum-mining) on Vega10-based graphics cards. The Vega 56 in particular put up some solid numbers, delivering a solid 36.48 MH/s (https://hothardware.com/news/amd-radeon-rx-vega-mining-block-chain-ethereum) when memory speeds were cranked to 1900MHz.
Read more at https://hothardware.com/news/amd-radeon-rx-vega-56-gaming-ethereum-beast-gpu-launches#xIidghJRihdUbMYR.99

tsptalk

08-28-2017, 12:52 PM

Added to Ethereum today at 279.11. I had bought several over the weekend when it pulled back to 301 so I'm down on this trade and averaging in.

I had a limit order to sell all my ethereum at $349 and it got hit last night. I got a little lucky since $350 was the high but it's still hanging around the lower $340's.

I have a limit order to buy back in at $313.

Fun ride.

tsptalk

08-29-2017, 06:21 PM

I had a limit order to sell all my ethereum at $349 and it got hit last night.

Look at Ethereum go ($375).... without me. ;swear

You can never go broke taking a profit, but you can still get grey hair.

slayer72

08-30-2017, 07:56 AM

I had a limit order to sell all my ethereum at $349 and it got hit last night. I got a little lucky since $350 was the high but it's still hanging around the lower $340's.

I have a limit order to buy back in at $313.

Fun ride.

I'm still trying to learn about this currency, can you explain how you are putting in limit orders is that through a broker or Coinbase?

clester

08-30-2017, 08:39 AM

Look at Ethereum go ($375).... without me. ;swear

You can never go broke taking a profit, but you can still get grey hair.

I have a little FOMO on ether, so I bought a little at $368 yesterday. If it can break out to new highs the it might continue up. We're almost there! I've bought 3 small batches of ether in the last couple months. BTC ran up so fast I can't yet get myself to buy.

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tsptalk

08-30-2017, 08:41 AM

I'm still trying to learn about this currency, can you explain how you are putting in limit orders is that through a broker or Coinbase?

Coinbase has another site : https://www.gdax.com

You still use coinbase for deposits, etc., but then you can quickly transfer the money or cryptos to GDAX and trade. Spreads are 100% better. Limits, stops orders, and volumes, plus you see the "level II" type orders waiting out there.

clester

09-04-2017, 08:46 AM

Coinbase has another site : https://www.gdax.com

You still use coinbase for deposits, etc., but then you can quickly transfer the money or cryptos to GDAX and trade. Spreads are 100% better. Limits, stops orders, and volumes, plus you see the "level II" type orders waiting out there.

Pullback has started. Looks like support at 300 ish. May buy some more here

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tsptalk

09-04-2017, 11:05 AM

Is this a gift or is the China ban a deal breaker?

I had a limit order in at $338 that got filled last night (currently $298).

I had a more aggressive (or wishful) price on my bitcoin limit order, $4295, which also got hit. (Currently $4330).

tsptalk

09-04-2017, 03:48 PM

I had a limit order in at $338 that got filled last night (currently $298).

I took the opportunity to sell my etereum on this intraday bounce, taking a loss on the trade. As I mentioned in the previous post, I think this decline in bitcoin is not for the same reason as ether's drop and more likely an opportunity so I bought another 1.34 bitcoin.

clester

09-05-2017, 08:09 AM

I took the opportunity to sell my etereum on this intraday bounce, taking a loss on the trade. As I mentioned in the previous post, I think this decline in bitcoin is not for the same reason as ether's drop and more likely an opportunity so I bought another 1.34 bitcoin.

Seems eth and btc have stabilized here. Wonder if this is a good place to buy more?

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clester

09-07-2017, 10:12 AM

Coinbase has another site : https://www.gdax.com

You still use coinbase for deposits, etc., but then you can quickly transfer the money or cryptos to GDAX and trade. Spreads are 100% better. Limits, stops orders, and volumes, plus you see the "level II" type orders waiting out there.
Thanks for this Tom. I now have a GDAX account and looking forward to trading. Fees do look much lower. Just deposited some USD.

clester

09-07-2017, 10:14 AM

ETH has a double top? or is it building a cup and handle? IDK but waiting and watching. BTC chart looks better right now.

tsptalk

09-07-2017, 10:25 AM

Great! Yeah the difference is night and day between GDAX and Coinbase.

Thanks for this Tom. I now have a GDAX account and looking forward to trading. Fees do look much lower. Just deposited some USD.

tsptalk

09-07-2017, 10:26 AM

What time frame? I don't see it on the daily chart.

ETH has a double top? or is it building a cup and handle? IDK but waiting and watching. BTC chart looks better right now.

clester

09-07-2017, 10:37 AM

What time frame? I don't see it on the daily chart.

Looking at the June high and last week. Both closed about $390

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tsptalk

09-07-2017, 10:53 AM

Oh, OK. I was looking at a tighter chart. But yeah, it looks like we got a pullback from that double top, and yes, it could be forming a handle now. Good call.

By the way, I'm getting into litecoin. I like the chart and percentage wise, it's moving nicely every day. If it makes a double top it will have to go up about 25%.

gegor1957

11-04-2017, 07:25 PM

Looking to buy a hard wallet for cryptocurrency, mostly Ethereum. Anyone here using one or have any recommendations? I was looking at the Ledger Nano S or a Trezor ?

tsptalk

11-04-2017, 08:05 PM

I haven't used a hard wallet, but I've successfully used a paper wallet and Jaxx. (https://jaxx.io/).

DreamboatAnnie

11-29-2017, 08:42 PM

Another good article on crypto. I am starting to get interested in buying some ethereum. Do you knwcanything about Dash?

What You Should Be Investing In?RIGHT NOW | Ross Pilot | Safehaven.com (http://www.safehaven.com/article/44845/what-you-should-be-investing-inright-now)

tsptalk

11-30-2017, 09:44 AM

Ethereum is on sale today. It's down about 20% in the last 24 - 48 hours. $411

That said, it's also still up 48% in November so maybe it's not a bargain. :D

Are you crypto-traders having fun yet? :banana:

tsptalk

01-17-2018, 11:07 AM

I took quite a hit on ethereum this week. I was in at $1267 and it ran over $1400. I'd normally take the money and run but I missed most of the run from $750 to $1300 last time, so I held. Of course everything started tanking and it went down as far s $850 but I was able to sell it for $1022 when it rebounded. I then put in a limit order at $898 which got filled last night when it went all the way down near $750. :eek:

It's near $900 right now. Wild ride! Seems like all of my crypto posts end with that. :)

Frixxxx

01-17-2018, 11:29 AM

Took the hit too, but using it to DCA a new position. Need Ethereum to buy Ripple right now in my setup. I missed the sub $ price, I am watching for another dip before buying.

I think some people took their annual payout early this year to protect some longs in their portfolio.

bmneveu

01-17-2018, 12:57 PM

I am mining Ethereum then moving it over to Binance to buy alt coins with. I don't hold it for very long.

dhstdog

01-17-2018, 08:40 PM

I bought this am and I filled at $918.00. Let's see if Asia kills it tonight, no stop loss set yet.

tsptalk

01-18-2018, 10:21 AM

I then put in a limit order at $898 which got filled last night when it went all the way down near $750. :eek:

I just sold my ethereum @ $1090. The bounce seems to be stalling. Will monitor.

dhstdog

01-18-2018, 10:29 AM

Now I don't know what I should do. Good sell Tom. I'm holding and watching

tsptalk

01-18-2018, 10:49 AM

I may be too cautious here, but I'm looking at the September sell-off where the first rebound got sold hard.

September selloff ...

http://www.tsptalk.com/images/mb/011818b.gif

Today...

http://www.tsptalk.com/images/mb/011818a.gif

dhstdog

01-18-2018, 03:40 PM

Im seeing an inverse head and shoulders and set my stop loss at the neckline at 1040.00

Tried to add chart argh

dhstdog

01-18-2018, 06:09 PM

Im seeing an inverse head and shoulders and set my stop loss at the neckline at 1040.00

Tried to add chart argh

Stop loss triggered $918.00 to $1040 for a day. I'll take it.

tsptalk

01-18-2018, 10:34 PM

Nice! I'm hoping to see $860 soon, where I have a limit order to buy again.

dhstdog

01-19-2018, 10:49 AM

Gdax and binance has replaced Netflix and YouTube at my house. Lol seems I'm always watching with one eye anyway. Something to do with football season coming to an end.

tsptalk

01-23-2018, 11:53 AM

Nice! I'm hoping to see $860 soon, where I have a limit order to buy again.

No, $860 yet but I just bought at $995. Let's see if this correction is over. It needs to get over $1020 quickly for me to feel good about this trade.

tsptalk

01-25-2018, 01:01 AM

No, $860 yet but I just bought at $995. Let's see if this correction is over. It needs to get over $1020 quickly for me to feel good about this trade.

I had a sell limit order set to 1072.80 and it was hit tonight while I was out. Looks like it moved up near $1100 a little while ago too. Waiting for another opportunity.

bmneveu

01-28-2018, 04:03 AM

Looks like ETH is reaching the end of a short term cup and handle. Wish I had seen it a few days ago. Made about 15% on the setup and execution (appx $1,000 to $1,500 handle).

tsptalk

02-02-2018, 11:30 AM

tsptalk

02-20-2018, 09:27 PM

The pullback continues in ETH and I'm still in (@1179). I always seem to become a buy and holder if I'm in a losing position. :)

Not the right thread but I also bought some GBTC yesterday (12.55) for my IRA. The plan is to hold that one long term, but the best laid plans of mice and men oft go astray...

I posted this in the bitcoin thread yesterday (sold ETH 937.95) for a hefty loss (bot @ 1179).

I put in a limit order to buy back if it hit 899.55, and it was hit tonight.

Here we go again.

Oh, btw, GBTC closed at 19.99 today.

bmneveu

02-21-2018, 12:30 AM

Oh, btw, GBTC closed at 19.99 today.

Hey nice gains there!

tsptalk

02-21-2018, 09:05 AM

I put in a limit order to buy back if it hit 899.55, and it was hit tonight.

Out @ 857.55. That was fun. Not.

In cash waiting now that both BTH and ETH are below resistance again.

Frixxxx

04-24-2018, 05:41 PM

DCA'd the last few days, hope this run lasts.

coolhand

04-24-2018, 06:48 PM

Bought some ETH today. Not trading at this time. Central banks under intense pressure and will fold in the not-too-distant future. Crypto's appear well poised to fill that void. Gold and silver are also important assets to hold as they will be used to provide stability in the currency market once the dollar is crushed and the CB put out of business. This info is out there if you know where to look for it. Russia and China hoarding gold and silver. Petrodollar is doomed. All part of the plan.

Just sayin'. :cool:

Bullitt

01-03-2021, 05:54 PM

Up 28%.... on a Sunday. Nothing to see here, just normal boom/bust crypto behavior. By time you read this it could be higher or lower.

bmneveu

01-04-2021, 07:13 AM

Up 28%.... on a Sunday. Nothing to see here, just normal boom/bust crypto behavior. By time you read this it could be higher or lower.

Are we seeing the start of the next alt coin rally while BTC takes a breather?

Bullitt

01-04-2021, 10:31 AM

I'm not really the one to answer that one. Don't they all kind of move in unison?

Ethereum gets a lot of likes because of it's upgraded "DeFi" technology and upcoming iteration of Ethereum 2.0. Depending on what state you live in, you can make some 5% lending it.

Bitcoin is useless as a "currency" because of the fees and amount of time it takes to process a transaction. These are hard wired issues and cannot be fixed due to the size of the blockchain. I largely sold out of bitcoin in 2017 after their Bitcoin Cash fork. Had I left it in, it would be worth a lot more now, but nobody ever went broke taking a profit. At that time, the idea Bitcoin for buying stuff died since the fees for sending bitcoin would sometimes be 40-50% of the total transaction.

ETH seeks to fix these things. Some say it will bring Web 3.0.

Funny thing though, I noticed this thread has been dead since April 2018 just before it's first massive top. Ethereum probably has a better future than Bitcoin but with Bitcoin being the original, it's the one everyone knows and is most popular.

tsptalk

01-04-2021, 11:07 AM

Anyone know Ethereum's "market cap" so to speak? I believe there are only 21 million bitcoin, or something like that, but not sure about Ethereum's limits.

Bullitt

01-04-2021, 11:33 AM

ETH doesn't have a hard cap like BTC.

ETC is more about the technology behind it's blockchain. When you use the ETH technology to send information, you have to pay the network.

Some say ETH will be used to create "smart contracts" which are essentially futures contracts on whether something will happen or not. A farmer can enter into a smart contract to protect against a bad crop. Bets on sports can be made without an intermediary.

I don't think it's there yet, but will be once this Ethereum 2.0 is rolled out.

Bullitt

01-04-2021, 01:31 PM

I just noticed the Grayscale Ethereum Trust is getting the smack down today. Down 20% while the actual ETH is up.

Reason is the company is creating new shares which will drive down the premium. I mentioned in the Bitcoin thread how these ETF's trade at massive premiums. As those premiums normalize, people will sell shares while they still can collect the premium making for a double whammy. After the dust settles and the premium is closer to NAV, then it will be a better option for IRA's, etc.

tsptalk

01-04-2021, 01:59 PM

Wow, interesting.

There's an open gap near $10 on ETHC

https://www.tsptalk.com/images/mb/2021/010421b.gif

tsptalk

09-01-2021, 10:05 PM

Big jump in Ethereum recently. It filled a big open gap on Wednesday and could consolidate for a bit, but it seems to be eying new highs again.

This is the Grayscale ETF for Ethereum.

https://www.tsptalk.com/images/mb/2021/090121e.gif

tsptalk

09-17-2021, 12:29 PM

I picked up some Ethereum (via ETHE) today on the basis of prior head and shoulder patterns, and there have been a lot of them, have been breaking to the upside. below the 50-day EMA looks like a good rea for a stop.

https://www.tsptalk.com/images/mb/2021/091721d.gif

tsptalk

09-20-2021, 09:05 AM

Ouch, for ethereum this morning, but finding support at the 100 EMA so far after the 50 EMA broke.

https://www.tsptalk.com/images/mb/2021/092021c.gif

tsptalk

11-18-2021, 01:20 PM

Looking for support in Ethereum...

https://www.tsptalk.com/images/mb/2021/111821c.gif

tsptalk

02-07-2022, 10:28 AM

After falling more than 50% from its high, Ethereum has now rallied back about 50% off its lows from last month. It has cut through some resistance but now it is dealing with its 50-day EMA. The 200-day EMA is about 200 points overhead. Make or break time.

https://www.tsptalk.com/images/mb/2022/020722d.gif