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Ethereum Price Technical Analysis – How Low Can It Go?

On the daily chart of Ethereum price, stochastic and RSI are still pointing down, which suggests that price can keep heading south. Shorter-term time frames don’t show any...

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http://www.newsbtc.com/2015/10/19/ethereum-price-technical-analysis-how-low-can-it-go/ (http://www.newsbtc.com/2015/10/19/ethereum-price-technical-analysis-how-low-can-it-go/)

It can go down to 0.2 dollars, below the ICO price of Eth. The developers have to work hard to preserve the value of Eth.

It could go well below IPO price if nobody actually creates a useful DApp.

it's gone

http://media.tumblr.com/tumblr_lwhtx4mF9R1qab6jz.png

Who thinks that ETH will go below 0.001 in November? It seems crazy when ETH was first released but now nobody is laughing anymore.

If the foundation had 25% of their funding left for ongoing development from the core devs for the next 18 months it would 4X the current price.

As it stands I think they are down to three months worth of funding (I need to run the numbers - wasn't it something like 7 months at $1.50?  So like 2.3 months at today's price a month ago?)  

I have a theory they are working like madmen to get the PoS finished before they run out of money.

I thought the presale Ethereum was a good bet.  It needs to be half of the presale prices now to even consider unless the foundation finds a way to fund itself.  It boils down to being bad stewards of the pre-sale.  Not being transparent as promised, not cashing out for the currency that pays their salaries and opting instead to speculate, allowing scope creep to threaten their core project (which it did and is about to kill it) etc

Edit:  I misjudged.  It looks to me like the foundation is down to close to 5 months left at previous burn rates.

As of Oct 1st

Well said its long gone now

If their coins are staking then that will generate recurring revenue stream for the foundation.  Someone claims they received 500K of additional funding but I haven't found proof yet.  There is also the Chinese automaker / financier that started a crypto 2.0 fund.  But Ethereum seems to couch it in a way that it's a direct investment in Ethereum (from what I've read it's not)

This is the reason for today's tanking price.  http://www.ibtimes.co.uk/gavin-wood-ethereum-could-be-marketing-strategy-big-players-1524871

what was the original price of eth vs todays price?

also whats new with their platform lately? i haven't been following it.

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Development has been slower than anticipated. Presale prices were as low as 50,000 satoshi. I see no reason why prices cannot drop below those levels.

That's quite the monthly expenditure. How many people are working (and getting paid) on Ethereum, anyone know?

what was the original founding price vs today? looking to pick up a few to play with.

I think it was 2000 eth per btc originally, although btc price was about double what it is now.  So I think it was around 30 cents per eth. Right now eth is worth over 60 cents. Far from dead.

fair price 10 cents

Fair price is about $2 in today's world, when we find more usage for Eth, such as smart contract, the price will rise further.

same goes for any coin for that matter. -_-

Update: Eth now $1.20, double what it was in my post just a few days ago and 4x original price.

Thanks to BTC rally https://www.coingecko.com/en/price_charts/ethereum/usd