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whats rising faster: ethereum or speedy prices

  1. kidkimura Mar 17, 2017

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    now just need a speedy index to compare
     
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  2. night0wl Mar 17, 2017

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  3. b-16707 Mar 17, 2017

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    what an interesting read. I might as well buy speedys instead of stocks at this rate.
     
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  4. kidkimura May 18, 2017

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    Just following up here:

    Current USD to ETH pair: $96. ETH beating speedmasters for now... but for how long.
     
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  5. kidkimura Jun 11, 2017

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    Just Bumping this oldy. Current USD<->ETH price: $342
     
  6. imajedi (not even a padawan) Jun 11, 2017

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    Whoa - ETH is kicking speedy @ss
     
  7. ac106 Jun 11, 2017

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    Yes yes it is! Just changed my avatar!
     
  8. harrymai86 Jun 11, 2017

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    Ok just bought 1 Ether, hopefully next year I got myself enough fund for a 321 speedie :whistling:
     
  9. dsio Ash @ ΩF Staff Member Jun 11, 2017

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    I'll readily admit I'm no expert on financial markets but I've been watching BTC and ETH the last few months scratching my head wondering what on earth is going on, there's no parallel surge in gold or silver like there was last time BTC started to leap upwards enough to be on the news. I would legitimately love to know what is actually driving it right now.
     
  10. Buck2466 Jun 11, 2017

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    Asia
     
  11. dsio Ash @ ΩF Staff Member Jun 11, 2017

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    Yea but why? if its a hedge against inflation or something why not precious metals which have traditionally been so popular throughout Asia. What's their motivation for buying into this specifically over other (frankly less worrying) asset classes.
     
  12. dsio Ash @ ΩF Staff Member Jun 11, 2017

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    What scares me even more though is that there is $32Bn worth of ETH now circulating, (BTC is around $48Bn) and if banks or other large institutions are trading it, and frankly with the potential 3000% profits its hard to imagine they don't, how badly could some of them fail again if the cryptocurrency market collapses.
     
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  13. Drawarms Jun 11, 2017

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    retail consumers also are piling in in droves. In a uber pool the other day and some guy was telling us all about "Bitcoin" :rolleyes:
     
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  14. dsio Ash @ ΩF Staff Member Jun 11, 2017

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    At least when the vintage watch market crashes I won't really care as I'll still enjoy wearing them and get to buy all the previously unobtainables... You can't exactly look at your bitcoin wallet in the elevator and smile at it :|
     
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  15. Rumar89 Jun 12, 2017

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    Can you say bubble? lol
     
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  16. Foo2rama Keeps his worms in a ball instead of a can. Jun 12, 2017

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    Try liquidating either...

    Assumed value vs what you can actually cash out with are drastically different.
     
  17. Kringkily Omega Collector / Hunter Jun 12, 2017

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    You can liquidate either in an efficient manner may not be instant as you have to go through an exchange but not all that difficult. I have a few friends who have made a lot on this digital currency but it rides up and down with the news but the one thing that worries me is that this technology isnt unique and more and more block chain currencies can pop up just a matter of user base. I still prefer the tried and true country currency that I can buy food on the street with. Atleast with Etherium they made it where you can back up your data and hopefully recover your funds if you forget your password but Bitcoin forget about it.
     
  18. kidkimura Jun 12, 2017

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    Ethereum is perfectly liquid fwiw, up to trades in the 10s of thousands of ETH (i.e. Millions of usd). Should you be interested, coinbase (and their exchange GDax) is a US company which is both regulated and insured. I would recommend using them, but barring that there are many exchanges that can handle quite heavy volume.
     
  19. keywerd Jun 12, 2017

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    If you think bitcoin is a wild trip then the recent moves of gbtc (bitcoin trust fund) which was trading at a ginormous premium to btc will have you pulling all your hair out.
     
  20. watch3s Jun 12, 2017

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    or gmt prices