flohio
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$ETH Fib Levels to #1 Market Cap

POLONIEX:ETHBTC   以太坊 / 比特幣
I used these fib levels to buy very close to the bottom on $ETH. If history repeats itself, we get a pump to the 4.764 fib extension...

It seems crazy as this would propel Ethereum             to the #1 spot and overthrow $BTC as king. But could 2018 be the year of Ethereum?
I completely agree with you from the fundamentals side too.

I am of the same opinion that by end of 2018, ETH is going to dethrone Bitcoin as the new emperor of Crypto as Ether is the fuel that is going to power all the new age new age applications built using blockchain technology and Bitcoin is going to the the Queen that will still have value as GOLD due to the positioning of limited supply of 16 million and that brand image will suck all the world wealth that is hoarded but denominated in USD, GBP. Euro, Yen, Yuang, Rupee will flow into BTC and eventually fueling into ETH.

My prediction is even more audacious as 1 ETH will be equal to 1 Bitcoin not too long but I am not sure about the supply side and that might drag it down. As in the new world Ether is going to be the fuel and that is going to energize the new blockchain industry that is going to revolutionize and rewrite the all of the current industries that exist as stove pipe and isolated empires and wars are being raged by powerful elites that control these current empires that they closely protect using IP rights such as trademarks and patents to exclude so that always the haves and have nots lives in two different planets rather than the open source, decentralized, collaborative and generous concepts propounded by the crypto industry that seem to be more altruistic and feels what they called MONEY in the world is all MAYA and only KARMA points is what we as human can acquire in our very short visit to this rare and only Pristine Planet and even food, water and air is increasingly getting hoarded and for exclusive benefit of platinum class, mile high, sky diver, born with golden spoon, club members that are having demi-god status only.

This is going to be sweet revenge of the masses and people with empathy that is going to have the last laugh and the last remaining empire is going to be crushed unless they turn to be truly democratic rather than the oligarchy that runs the world government. The play that is going through is much bigger than crypto or blockchain it the last frontier of the war between good and evil and there are enough good people are joining the side and we also have got FUD and FOMO working in #crypto favour and and Bitcoin has limitations on the speed of transactions to provide quick liquidity similar to Gold or Property the two major asset classes where the current world wealth is being hoarded than to help the World's POOR brethrens. But still as GOLD and Property are illiquid assets people invest in them to protect investment.

Now if the above thesis is correct, could esteemed members who are on the mission to fight and establish for one last time the "Declaration of Independence" or "Economic Freedom" as depicted below, could guide me how to trade ETHBTC counter while this war to establish justice and fight the inquality gathering momentum in the form of Occupy Movement, Occupy Wall Street, Arab Rising, numerous protests where the common people are taking on the elite and powerful is in full swing and having a ring side view of last war between good and the bad like in Mahabharata where the was a massive war to establish justice and that would obviously incur massive collateral damage:

The Declaration of Independence

The Want, Will, and Hopes of the People

Declaration text | Rough Draft | Congress's Draft | Compare | Dunlap Broadside | Image | Scan

IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. — Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. — And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

New Hampshire:
Josiah Bartlett, William Whipple, Matthew Thornton

Massachusetts:
John Hancock, Samuel Adams, John Adams, Robert Treat Paine, Elbridge Gerry

Rhode Island:
Stephen Hopkins, William Ellery

Connecticut:
Roger Sherman, Samuel Huntington, William Williams, Oliver Wolcott

New York:
William Floyd, Philip Livingston, Francis Lewis, Lewis Morris

New Jersey:
Richard Stockton, John Witherspoon, Francis Hopkinson, John Hart, Abraham Clark

Pennsylvania:
Robert Morris, Benjamin Rush, Benjamin Franklin, John Morton, George Clymer, James Smith, George Taylor, James Wilson, George Ross

Delaware:
Caesar Rodney, George Read, Thomas McKean

Maryland:
Samuel Chase, William Paca, Thomas Stone, Charles Carroll of Carrollton

Virginia:
George Wythe, Richard Henry Lee, Thomas Jefferson, Benjamin Harrison, Thomas Nelson, Jr., Francis Lightfoot Lee, Carter Braxton

North Carolina:
William Hooper, Joseph Hewes, John Penn

South Carolina:
Edward Rutledge, Thomas Heyward, Jr., Thomas Lynch, Jr., Arthur Middleton

Georgia:
Button Gwinnett, Lyman Hall, George Walton
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flohio arunabi
@arunabi, LOL
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Interesting ideas, but I think this is highly improbable
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flohio Brisben
@Brisben, thanks for feedback! Anyone ever dethroning Bitcoin is highly improbable. Simply hasn't been done and so many false claims have been made. Keep in mind my bet on ETH came from the .786 fib (.03 sat) so I'm definitely wearing my bull goggles.

BUT if it does happen... this is probably how it happens IMO.
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