In case you haven't seen the news Parity Wallet potentially locked up/lost hundreds of millions in ETH. This news is very early and I suspect further drop. This will be interesting to watch if we make it to the "star" support levels on chart.
ETH Affected As of Publishing: 509019.8936169118 152M
This is NOT trading advice. *Perform your own due diligence. *Trading decisions should not be made based on this information. *You agree not to hold the author liable for any losses you may incur based on this information.
Apart from trading aspects the charts always shows bullish <long> but hard to get hand on the short trades because market is still dependent on speculation.
1- First time all time couldn't resist because of BTC hardfork in July and so many weak hands. 400+
2- Second because of the china news. <$398>
3- Third was broke earlier because of BTC fork < $349 >
What next ?
Short
1- Once BTC fork is done, Ether will be the first one to go top of the line 70% more likely chances we've already seen it with previous fork.
2- In between if POS is implemented then it will be different story of all the way to bullish.
Long
- BTC fork will keep happening in the future, and Bitcoin already added to future but next commodity can only be Ether to be added to future at CME only if POS is successful <$1280>.
Interestingly buy the rumor and sell the news , we should have seen the major drop :-) I think the guy should be awarded the reward for the bug.< Probably no one have noticed the Etherium bug reward scheme >
clark05
⋅
Hmm... I feel Parity Wallet should be responsible for replacing that ETH, not the community.
slfmd
⋅
@clark05, Not sure if they have the means to do so.
fk91
⋅
@slfmd, It's the Polka dot contract got killed. Basically these all ICO make a temporary contract to gather Etherium and only limit the invester to sell at first. Then the coin is launched on exchange with separate contract.
melman88.mc
⋅
wheres your source mate?
melman88.mc
⋅
sorry didn't see the link
slfmd
⋅
@Melman88.mc, no problem wasn't sure if they were blocked or something.
slfmd
⋅
@Melman88.mc, are you not able to see the links in my post?
1- First time all time couldn't resist because of BTC hardfork in July and so many weak hands. 400+
2- Second because of the china news. <$398>
3- Third was broke earlier because of BTC fork < $349 >
What next ?
Short
1- Once BTC fork is done, Ether will be the first one to go top of the line 70% more likely chances we've already seen it with previous fork.
2- In between if POS is implemented then it will be different story of all the way to bullish.
Long
- BTC fork will keep happening in the future, and Bitcoin already added to future but next commodity can only be Ether to be added to future at CME only if POS is successful <$1280>.
Interestingly buy the rumor and sell the news , we should have seen the major drop :-) I think the guy should be awarded the reward for the bug.< Probably no one have noticed the Etherium bug reward scheme >