Bitcoin Forum

Can we expect any significant rise in the price of Ethereum or not? There has been a lot of negative publicity and sometimes it seems that the coin is just slowly dying. Is that true?

It's impossible to know... by looking at the all time graph, you can see how the all time high is far now, since 2 years the coin has been stagnating. Then we recently saw the 0.008 bottom. Question is, is this really a bottom, or is this another fake pump and it will keep stagnating under 0.008? your guess.

maybe when they change the block reward, they said that miners are the reason for this dumping, if they lower the reward the price can recover, how much true this will be is yet to be seen, for me etheruem dead from the moment vitalik sold his coins, not because of the dumping but because of the move he did with his project, selling like this only mean for me "i dumped my early coin now i'm done i don't care what will happen"

Do you seriously think that you will get an answer to your question?
There are many factors that influence the course.
It is practically impossible to predict.

Can't lose when Goldman Sachs is supporting it.  Guaranteed profit!1!

Well, I was asking more about the reputability of the coin. I know that no-one can tell what value will Ethereum have in for example 2018, however, there are usually some signs. Like if the altcoin has some development problems or is overhyped. I'm new to altcoins, however, I heard about the DAOhack and some folks on this forum are saying that ETH is basically dead, so are those assumptions true?

As you can see, ETH is not dead at all. As long as it has hashpower, developer team and it's not delisted from exchanges, its alive.

It id difficult to tell whether the coin will has a significant rise, there are a lot of bad publicity of ETH, the hardfork that happened really significantly decreasing the numbers of investor, but even though like that, ETH still one of the alt coin with the highest transaction number, so it is really hard to predict what will happen with ETH, but I will think twice if somebody suggest me to invest in ETH

I was going to invest in trading some btc for some of this because I saw it listed to buy on many exchanges for a substantial value of them.
But now not anymore. :-\

I have been tempted to buy some from coinbase. I just don't see what separates it from bitcoin.

The more I listen to the comments about Ethereum and Vitalik from the known people of bitcoin like Peter Todd and others, the more I am pessimistic about its future. Last year no one would dare think that Vitalik is a scammer. Now some have been slowly thinking that he is a dreamer or a con artist. Take your pick.

There were many warning signs about Ethereum:

1. Original IPO in Canada was cancelled and they all fled to Switzerland (which always has been a place for shady things, regardless of its' high level of development) and registered an office in Uganda.  

2. Gavin Wood claimed to be a video game developer and yet his name showed up almost nowhere on the internet.  Video games always have credits.  PhD was in Philosophy and his last employer was a DJ-Audio company which went bankrupt like 2 weeks before he announced Ethereum.  Ethereum looks like something he just YOLO'ed to pay the rent.

3. Everyone was claiming Vitalik was some programming genius, when the only thing he ever did before was travel the world on his father's dime (Dmitry Buterin makes $50 million a year through his website Apricot) and edited a few Bitcoin articles.  

Also Vitalik says he was programming Ethereum but this was at a time when he was always traveling around the world attending conventions.  I think people were ghostwriting code in his name.

4. There were a bunch of ex. Goldman Sachs employees and, when you read their linkedin, looks like they hadn't had a real job in like 10 years.

5. Vitalik claiming he would create his own programming language, when previous programming languages usually took a good 10 years to get into working order, stomp out the bugs and train people to code in the language.


After launch, the Ethereum foundation was pretty much weeks away from running out of cash until Ethereum mooned up to $1 billion and Vitalik made a ton of money, and I'm sure this broke securities law, when he was able to speculate on ETC and BTC value (BTC value tanked and spiked because of the volume going into Ethereum at times) and likely insider trading with subsequent Ethereum activity and DAO. 

The newest update about the ethereum foundation and UEA.... Does it give an optimism effect? But the fork was happening with the ethereum platform are being the critical hit for them.

Will PoS give back the trust? Just see it.   :D

Lots of negativity here.

I'm cautiously bullish on Ethereum technology.

If they pull off proof-of-stake, that will be a huge boost.

That's why I'm investing a small amount (but not too much). The time to get in is now, not when PoS has been completed and pushed.

In the name of god, I was feeling doubtfully with it.

As I was opening my tweeter the Vitalik Butter has to update his photos in the various places. It seems like he is a traveller and not a programmer.  :D :D

Mm, I doubt it has much of a future.  Last time I checked the price, it was above 0.008, and if it's dumped since then, that's definitely not a good sign.  Why should it even have a future?  It has an extremely checkered past, with the hack and the hype and everything else.  There are so many other altcoins on the exchanges that if you need to buy anything besides bitcoin, you'll have a hard time just browsing through what's out there.  So yeah, I think it's dying a slow death.  And deservedly so.

I forget where he's sharing his travel photos but he has been uploading them somewhere.  Some of them are pretty cringe worthy.  There was a photo of some Ukrainian women in national outfit at the airport who were just cringing and didn't want to be near him.  There was also the one where he was hanging out in Malaysia, near a public-transit line and looking like a slob with a hunched-over head, and people were photo shopping it.

I've talked to many people who showed up to conventions, met Vitalik Buterin and they notice in a few seconds just how weird that guy is.

Some think he might be a gifted autistic but more likely he's just an idiot savant with weird mannerism, who can do techie talk, but his big advantage was being forward and his father's money allowing him to travel / network nonstop.

This is an example

https://twitter.com/BlockchainStorm

it's why the people were saying he was a strange guy.  :D

Only Eth Classic has a chance. Eth hardfork  is affected by corruption from Vitalii Buterin and his companions

Classic needs a fork. But its hands are tied and it can't.

I am quietly optimistic for the Ethereum project. It's dangerous to ignore and assume it's a dying project.

garbage can

That's quite an arrogant statement.

Ethereum is good competition for Bitcoin. Ethereum will help to speed Bitcoin's development and force it to make better decisions.

A small hedge in Ethereum makes good sense. Piling everything on to Bitcoin with increasing levels of uncertainty is not a good idea.

ETH would be a great currency if the programmers are more serious about it , and if they didn't get rich from it  :-[
in general no one can be certain about ETH future , some people saying it's the future and others saying that it will disappear soon
personally I prefer btc since it's way safer and it's proved to be a winner bet , but can't give an advice especially about ETH

of course we can.
that is one of the basics of any pump and dump altcoin. they get dumped, lay low (accumulation phase) and then have a significant rise.


many of them are correct, things about manipulations, pumps, coin being held by a certain group of people (lack of distribution),... and coins like this have always slowly died. ethereum is not the first.

So is it a good idea to mine it and hold it? Or is it better to switch onto mining Monero/Zcash?

I think there is a potencial that ethereum will be the same as bitcoin if you remember if what is the price of bitcoin in 2013 i think its start $10 and hits $1k in few months  so in ethereum i think it can be happen for now they have slow adoption that i think they need more merchant and site are accepting ethereum so that ethereum can be push to increase the value because it will become in demand.

I think! Classic needs but I need more change! ETH very good but last year many problem!

I think it can help bitcoin devs to not get too confident, but ethereum itself is not a competitor of bitcoin... ethereum can never be real competition because the technology is not viable to be a long term storage option. As we have seen, ethereum is too prone to hard forks and stuff, also the coin supply is inflationary which makes it useless to hold long term.

ETH is popular altcoin, it is NR.2 after Bitcoin, altcoin with a lot of users - it is very important, when you considering buy/sale. ETH price can go up, see time graphs here - https://coinmarketcap.com/currencies/ethereum/. This time problem can be - what would be the profit, if you buy ETH now and sale later, let say after 3 months.

It certainly still has a lot of hype.

agreed!
Ethereum might have been stagnating, but you never know when the next rise is gonna come.
I ahve not given up hope yet, quite the contrary, I believe that ethereum will increase in popularity.
I mean let's not forget that it still has the 2nd largest market cap after bitcoin - that's huge.

How dare anyone prosper!

If I can't have it, nobody can!

There is nothing wrong with someone becoming rich from a successful endeavour. However when a project gets hacked and peoples investment stolen then you have to ask whether it is ethical for someone to profit off said project.

Do you follow Classic Ethereum? Because that's what they love.

ETH wasn't hacked.

The ETC CRIMINAL COIN are doing just that, profiting off the hard work of the original ETH.

Nothing was hacked.  Someone played smarter by the smart contract rules than the rest of the gullible and greedy participants, rules which were different than what the DAO creators claimed about the rules, but those that hadn't understood the rules that way, decided to deny this person his gains, and decided to turn back the clock so that his transactions were denied.  That was the end of the concept of smart contract: in the end, people vote over whether the contract should follow its rules, or whether you are denied your transactions when they don't like the outcome.

A small part of the chain continued to play by the rules (ETC), but most ETH users preferred visibly the "vote contract" over the "smart contract".  This put somewhat of a bummer on the ultimate Turing Complete Unstoppable Smart Contract platform, which Ethereum pretended, one day, to be, because it was shown that in the end, a few people vote over whether you can keep the outcome of a contract or not depending on whether they thought that it was "just" or not.  So in the end, this actually signed the end of the very concept of smart, unstoppable contract of which the first big application was simply stopped and turned out not to be smart.

You're nothing more than a criminal apologist. The DAO wasn't set for it to be exploited as it was by the thief. And you know that.

What?  :)

ETC or ETH, I don't really care what a user decides to buy.

There is no evidence whatsoever of deliberate wrongdoing by Ethereum Foundation. None.

If you participate in smart contracts, you have to take on board risk. There are no guarantees (though you may find another smart contract that will underwrite your risk).

A hacker exploited an oversight in the code and ran off with contract participants' money. If you participate in a contract, thems the risks.

I hated the DAO. I still hate it. It stole too much attention from Ethereum.

I'm glad it's over. People are much more security conscious now. People are much more wary about where they send their tokens to.

Ethereum is now stronger than ever.

Classic is an increasing irrelevance - they have fallen far behind development and if it wasn't for the DAO "opportunity" ETC wouldn't exist. Classic is full of nutters too. It's a useful skip for Ethereum to blame ETC or associate people they don't like with Classic.

But we want to get rich in here. The coin may have a good marketcap, but at the end of the day you need a high price on the asset, and ETH doesn't look like an asset that is even designed to give massive gains due his inflationary nature, and the fact that is not an ideal way to store money long term because of his technology being too risky (turing complete is a big mistake to store coins long term). So this makes me thing ETH will never see massive prices like BTC..

If you want to get rich quick, Ethereum is not for you.

Try one of the penny stocks with low liquidity. You might be able to fool someone there.

No one is sure of what the future holds for even bitcoin itself not to talk of ETH but based on my own view I think the future is still bright for ETH if developers can still continue to work on the infrastructure already established and still keep the hope alive. The reason for my position is that when I found my way into cryptoworld, some months back, the price was around 12$ and today, its hovering between 9$ and 10$ which means it has not faded out completely as the drop is still reasonable to a large extent.

My rant wasn't directed at your gud self. :)

Smart contracts don't fix dumb people.

Though I am enjoying this crazy ETH fluctuation right now.

I think either way ETH is here to stay.

I believe ETH soon its price will rise to 0,015 BTC / 1 ETH

i think ethereum will rise again like before, we can see that the price is slowly increase and now the price is reach 0.012 and i am sure that the price will reach 0.015 but we need to wait little longer. beside that, i think as long as we can take a profit from ethereum in the market, then its not problem for us.

I agree watching the trading last night I saw a trend in the pricing.

Have made a small trading plan based on the large volumes moving. Just waiting for it to start again!

Long live ETH

I'm cautiously optimistic.

I agree with you if we use ETH just for trading altcoins on markets
because they have much money for do dumping and pumping of price and i like it :D

Unfortunately I don't use ETH for personal usage (is like usage dapps or other program that be made by developers)
the reasons is ETH's network that has bugs.

http://news.8btc.com/blockchain-software-security-report-by-china-cert-ripple-the-worst

EthereumJ the second most vulnerable, after Ripple.  It looks like there's a correlation between money spent and bad development.   :D  but hey who cares if the network is killed and your coins are stolen when you have a decent looking UI?   :-X

yeah, the only thing that has ever been good about ethereum was the pumps, and when they come they are big or at least they have been this way so far. but the problem with it is that finding the right time to get in is pretty hard and it gets harder as the coin dies because the dead cat bounces become more and if you mistake one of them with pump you will end up being a bag holder.

Of course there are no people who care if my coin are stolen, but i am ready for it. i am trader altcoins and i have made investment some capital into ETH of course with amount that be ready for lost in it.
Just is it and personality i don't use the program from the developers of ETH, uppss I have said it.

Many people have same idea on their feet whether to skip or whether to move forward to another but ethereum has a good team where they can easily increase the price but they are not at all showing any developments in the coin. Past 2 years ethereum has secure significant role in crypto world, but we have to wait and see how this will change future of ethereum team members.

Eh? Where have you been for the last three months?

Proof-of-stake is imminent and already the Foundation is looking beyond that.

ETH is definitely the future gents. Gud to see so many new gud folks getting into it. The price is cheap right now.

yep we can buy it now while the price is cheap, i think the ethereum itself have a good future although there is a bad news in outside but as long as we can do trading and make money from ethereum, then its still worth to use ethereum.

Because a lot of the money has been spent for the vitalik's vacation. At least they still surviving and about the PoS it makes vitalik has more enjoyed his vacation. Fuckin GUI won't give anything.
Is ripple the worst one? Interesting for watch it.

How ethereum could be a dead while at the poloniex it has number one or number two of the most voluminous every day. Ethereum is one of the most known and used cryptocurrencies at the market. I think this "dead " is just a rumor.

Everything can happen on digital currencies include ethereum be dead,
we just need becareful in trading ethereum on markets altcoins (high fluctuating).
Because there are no guarantee that ethereum will be survive for long time and there are no guarantee from poloniex ethereum will not be deleted on there.

i think ethereum right now has a stable movement of the price. the movement are playing at $8-10 this is what i seen few weeks ago and until now the price was increase and decrease.. so i think ethereum can be stay long if the coinbase will support it the price can be increase more.
since i saw some issue in coinbase and its still not resolve ethereum will be affected because they are also holding ethereum funds for every coinbase users..
So for now better to do not use ethereum.

They will pull a rabbit out of a hat and surprise us all.

I don't want to admit this much but I agree with this :)
ethereum whales has proven us time and again that they can manipulate the price as much as they like, and I have a couple of theories why they haven't pumped ethereum yet which I don't know which one is true but what I am sure about is that they will pump it big time soon.
the big walls they set up and those eth coins they bought in the past month has to give them some profit after all!

It might be because of bitcoin pump. They dont want to go with that rise at the same time for people are kinda busy with it, they might not see what is happening with ETH. I know there are some whales that are just waiting for the right time where people will come to see it. Making a fuss in it could also enhance and make some new investor.

I do not think that is the death of Ethereum. Most likely because he responded to the growth of Bitcoin and constant hard fork.
I am now more worried about a Ethereum classic and its future. I stuck to it since August 2016  :-\

August 2016 many stuck not only Ethereum , but also in other altcoins. I am also still in Ethereum LISK stuck. I do not want to sell at a loss. Wait until start normal PUMP those coins to sell profitably.

yesterday when bitcoin is down, the price of eth is getting increase for a while and i am sure that many people will happy to see this and now the price is somewhere in 0.0117 btc equal with 1 eth. i think ethereum is still trying to get survive and will make good step for their coins, lets wait and see.

I don't believe that eth will have future as a currency, but as a DApp platform it will be used. Not the public chain, but private versions of it.  

https://cointelegraph.com/news/crypto-analyst-ethereum-is-not-holder-friendly-but-perfect-for-traders

According to this guy maybe later I agree.

I agree, can't trust an asset that has so many hard forks along the way, but its perfect for traders that want to profit from pump and dumps, but then again, bitcoin is also perfect for traders since it doesnt stop being a god damn rollercoaster because it insta crashes every time the chinese government opens his big stupid mouth.

Etherium wont as popular and expensive as Bitcoin. It's true. because It's used for different technologies. Etherium is similiar petrol. BTC and LTC is similiar gold,silver. You have to consider it.

I see a gloomy future for  ethereum and I think the earlier people realized this to trade other Alts the better. A lot of ethereum miners I know are moving to either Zcash or Monero and the whales I know would like us to join them decline but I'd have made the smart move if I had any significant ethereum.

It's well flagged that mining is coming to an end. Very few are getting involved in Ethereum for "mining". There much more attractive reasons for participating in Ethereum. If you want to mine, there are plenty of alts to choose from each of which will be more than happy to guzzle your electricity, time and give you a nice fat hardware depreciation bill while denying you of opportunities elsewhere in your life.

Poor analogy.

Bitcoin = diesel school bus with a fixed timetable and annoying passengers.

Ethereum = personal hover board that will take you anywhere.

At least Ether is similar with silver rather than LTC. I mean ether is good for trade rather than LTC.  LTC isn't friendly for trade.

All holders of ETH believed to great hopes on the it. This is the third successful project after Bitcoin and Litecoin. I do not think that the price may fall below 0.01 BTC in the next six months at least.
Personally, I'm waiting for growth, not worried about it because I have a little ether.

I'm not maining but also switched to Zcash . I don't even know why, but since August 2016 somehow stopped trading altogether ether. Became more look at other altcoins

If you look at Market CAP on example ZEC, DASH, MONERO. That dualmining on ETH+ZEC or ETH+MONERO is very good innovation. I have myself that problem so i dont have enough mining power on mine on my home pc. Only that AntMiner S1 (ASIC)

I agree with you perfectly, I don't think ethereum's going to make any incursion this year even though it's early days yet but I will recommend this Altcoin in its stead "Qtum" as its a combination of both ethereum and bitcoin tech and looking promising to say the least so you can check out my signature and read more and if you're satisfied then join the ship.

Today's blog post from Ethereum Foundation is a major body blow to Monero and the likes.

Ethereum is a 3D blockchain: value store, value transfer and value programability.

Bitcoin, Ripple, Litecoin, etc. are 2D blockchains: value store and value transfer only.

I also heard about this project. Qtumis really interesting now to many people. And its reliability is ensured by the fact that it is based on the strongest in the ETC and BTC.  They have already quite a lot of money. and it's not even holding company ICO. As for me, it really shows great potential

very unfortunate if being stuck can not decide to close the trade altcoin, sometimes cutting the trade is the right choice before you get stuck deeper.

I was talking about something else. It's not even so in mining, in trust for him. Until recently, this is an excellent tool for speculation than well used by many traders.
No point in killing such a valuable asset so I think the price will grow in the future.

Maybe someone can tell me - I didn't follow to closely after The DAO DOA  :D
What forks occured in ETH that didn't follow through in ETC? Was it just the fork to roll back the DAO funds for the benefit of DAO holders on ETH or were there changes to the ETH On Blockhain compiler? Were there any other changes that happened in ETH and are not reflected in ETC?

He agrees with you. I think too that the price will grow. It is only necessary to wait. Especially, if to consider that on the basis of ETC many other altcoins are made already. The same qtum which gathers popularity lately uses partially technology of ETC and BTC

I guess the lack of reply is an indication that ETH ETC is more of a pump/trade device and not so much of a community driven affair?

Just google Ethereum with the time tool of Google, set it to past month or something like that... there is not even real discussion about ethereum anymore.

it never was anything other than pump and dump and usually there is not much of it otherwise either.
most altcoins are like this, a lot of new altcoins came and took the heat of the hands of ethereum and they are making noise these days. a while after, these coins will die and another wave will replace them and things will go on like this.

Yeah, it was common to see news about it almost every day, but the hype has dropped considerably. It is still impressive that the currency manages to maintain the second largest trading volume.

Ethereum had its time, I remember that the hype was insane and most people thought this was the new Bitcoin. But over time, people were noticing the different problems that exist in it, which continued to exist even after several hardforks. This gives the impression that the problems lie in the fundamentals.

rest easy baby :)

Superimpose the same trend for Bitcoin.

Google trends are anecdotal.

It's quite a leap to conclude that interest in Ethereum has waned.

A lot of Ethereum development is happening quietly behind the scenes. Nobody wants to go to prison and nobody wants to release an exploitable contract.

I'm gone very bullish on Ethereum.

Yeah the development going on right now is going to become news again. There will be a demand for ETH once all that comes around but the thing I question is how many people will choose to sell off the moment it jumps up. A lot of people who invested when it was more than it is now would like to cash out once it returns

A lot of people are harsh on ETH without considering that there was no other coin to be the test dummy for dapps and smart contracts.

as long as the dev want to take serious the ethereum project then the coins will be stay in the market, i think ethereum will gets survive and will make come back like before. but there is fluctuation in ethereum price and we see a lot of up and down in market, so i think as long as ethereum is good to trade then we can continue to trading this coin.

This is just an speculation only on this thread, its up to the reader if they're gonna believe or not. Just important is if you believe ethereum project, well go for it. For me in my assessment if eth became stagnant at least its not downfall the price, which means there project now is still in progress.

It's too soon to tell. I'm Guessing we'll probably know in a few years.

What you say is good for trade not only Ethereum, but any other Altcoins. Because trade and takes place on fluctuations relative to the BitCoin.

As far as I know, Ethereum will be around for quite a long time. Aside the negativity and FUds about ETH, The project will keep going strong as long as the developers keep working on the Project. Everyone had thought It was just another pump and dump coin when It was first launched but Ethereum is still here and furthermore, Ethereum has been utilized by other projects.


If Ethereum Coin was dying like critics predicted, It would have been dead a long time ago but It's still here. That means something. I'm not really bothered about the price though

Sometimes the volatility has provided by the ethereum trading place is less and we are need other place to continue our trading and gaining more volatility. Use some of the altcoin it's really good way. Because i do that.  ;D

this last week, with all the things happening in china, proved that eth could have a paper in this mess, being the new crypto to trade our saves from exchange to exchange, as it has been btc, in my opinion, eth will take this responsability now.

So you think that now eth should get great prospects and grow in value in relation to the news? Is it worth to buy a bit of this coin? I understand that everyone decides. I just haven't come across such news. Here and think now

For few years it will be late for buying, if you wish to make a profit its better to buy now and wait. If you buy too late profit will be lower, get into something earlier is better.
From comments I see that people have good/bad opinion about eth, there is no middle, you like it or you don`t. I`m not an expert and everyone act on their own risk, I have some eth and when I have extra money I buy little amounts, that is me.

I like your strategy. I just have a little bit of buying money when this coin. But I hope that in the near future will be able to get a good profit from this investment. I do not want to wait for this moment for several years.

I don't think but negative reviews they mean that it is dead. If you still see it still has the second largest after bitcoin for 2 years I guess.
But what they mean by dead is return compared to bitcoin ,if you see the price it has increased only 2-3$ in 8 months I guess which is really low if you compare with other altcoins like monero or maybe with bitcoin itself I guess we can call it officially dead if the price still remains same by end of this. But even if you see in general eth isn't a worth investment for now.

What separates them .. ?? Really, just about everything!

It isnt dead. people thinking always about profit in cryptocurrencys but forget the sence of a currency.
it is stable and that is good when you want your money in a safe place.
buy a bitcoin today and you dont know if its worth more or less tomorrow.

Yes, it has a really good investment. My brother talked a few years ago about big future bitcoin. I didn't believe it. And during this time has grown very well. Then about $280 was worth. And now more than $1000