Bitcoin Forum

ETH jumped to almsot 700$ today , will it get a correction and go back to 500-550$ in the next few days?

I don't know, but I hope there will be a correction to it and some other alts so we can rebuy lower. It's risky to get in during such a pump but so tempting...
I entered in July because of FOMO and then for few months I've been in red. Now I'm trying to resist to the temptations

you ask as if anyone sees the future, you might want to check reason for the rise and then decide if you think it will correct

For a healthy development, each price pump ( that reaches new values ) should be followed by a correction as pullback in order to stabilise the market , because , progressive improvement is - I think- the optimal case for such coin

Eth is the son of bitcoin, has good value and we can earn big amout of money, in the way of holding big amount of eth but alway remember, eth is a form of digital currency  and has a possibility to change its price day by day so, the only things that you need to do is convert it, in to bitcoin If eth price is very high to have big amount of bitcoin.

Your weird

Ethereum has been too undervalued before that, and so I hope that he will continue to grow in price before he goes to correct his course. Maybe the increase in the cost of ETN is affected by the announced decision to hold two of its hard plugs and, by analogy with bitkoynom people buy it to have separated coins from it. True, the need for such forks is doubtful, so they try to solve the problem with stuck coins.

I dont get it, the price was less than $430 by yesterday, why didn't you buy before? you are just waiting for a correction and no one can be sure if that is really going to happen.

Just stop wishing to see a correction, a lot of people have been waiting to see a new dip to buy btc/eth/ltc/xmr and a lot of altcoins, but they are just missing the opportunity.

Dont be a fool, if you want to buy ethereum, buy now, because you will regret later when you realize that it the price could be worth more than $1,000 in just a few days.

ETH has already stayed low for a long time while Bitcoin has gone up so much. It is now Ethereum's
turn to rise. Hard to tell when and from what price it will have next correction.

Is there a correlation between the price increase and the fact that the miners increased the capacity of the Etereum network? In the end, the gas limit is growing now!

ETH is going to explode in any moment, lol

Of course there will be a correction, but it will be at 1.000  8)

In fact the whole market seems to be euphoric this day and I see many coins that have achieved an impressive performance today, so I see very likely that once the euphoria of today is exhausted, ethereum and all other altcoins will experience a considerable correction in the coming days. In the case of ethereum, I would probably expect a correction of 20%, which would imply a return to the $ 450-480 level, approx.

In my opinion it's strange to talk about a correction when most altcoins have been dropping by 50% against Bitcoin. So what if Ethereum went up by 24% in day? It has fallen by 80% since June! It has to increase with 400% to make that up.

Nothing has changed tech wise so I was very surprised to see the huge increase, I am looking to buy some more but I will need to wait for it to come back down.

It has fallen by 80% since june , yes ofc.. almost reached 700$ but it has fallen by 80% since june :)

It's sooo easy to understand  ;D

A lot of coins are almost at ATL vs BTC....huge room to grow!!

Yeah. I believe on this, ETH is the son of bitcoin or will be the next bitcoin? Ethereum platform has very great projects, specially the smart contracts project of ethereum. For me, it can make correction around 500$ but if the bitcoin will dump, maybe altcoins including eth will also dump.

just a little corrections i think,
because, in my predictions the price of ethereum will go to $1000 before new year  ;)
i hope i'm right  ;)

Before you attempt to be sarcastic read what I post. Ethereum was 0.151 BTC in June. Earlier today it was 0.028 BTC. That is a decrease of 81%.

If you are still thinking in dollars instead of Bitcoin you should go back to fiat land and play with paper IOUs instead.

There are many prediction of ethereum that it will be boom next year. Possible a correction happen but I think it will stable at the moment and will increase suddenly. Well I also hope next year is the year for ethereum.

Yes :) Totally agree, I think go up to 1000 - very little left and after - correction to 700$

ETH satoshi value is still very low. My prediction is that ETH will hold at least the $600 level and we could see even 800-900 in just few days.

I think the ETH price will stay at $ 700 or maybe it will rise again to $ 1K.
I bought some ETH I hope luck.

Yes, there is no need of a price correction. I expect the price to increase gradually and will reach $1000 soon before the year end. This could continue further, and reach price barriers that were set on the path. Another reason for growth to happen is that the upcoming year is expected to be the year of altcoins along with bitcoin.

A couple of Swiss banks are interested in using Ethereum's blockchain for verifying data from other banks. This is probably pushing the price up.

I read somewhere that UBS if I'm not mistaken is really keen on using ETH based application so like in bitcoin, this positive news brough revitalizing force and renewed interest on ETH once more. The price is breaking all-time-high. One thing though I question is the sustainability of this coin. Comparable in around May-June this year, it went as high as too challenge bitcoin supremacy, however the hype just died down without anyone noticing it.

https://cointelegraph.com/news/ethereum-surges-past-600-on-ubs-announcement-of-ethereum-based-initiative

For me this coin should be trading today above $1K with all this news coming around. But it prove me wrong in my prediction that it will not higher that $500 this month. It already surpasses $600 at the moment, so there's a opportunity to make here in the price would touch $1K next year. Let us see how everything pans out for Ethereum and solidify itself as the #2 cryptocurrency today.

I think about correction but not so much like 500-550$. Maybe 650-660$ and bull run can continue.
Nobody can stop this run now, even crypto kitties. :)

While is true that everything that goes up must come down, my prediction is that it will go even further and may even reach $1000 by this Christmas 2017. It may correct slightly but i wouldn't be worried about it. Ethereum is the king of altcoins.

Ether for too long held on to one price, here its time has come. I do not think that he will return to his 400 dollars for a coin

I guess the probability of the price rising up to $1000 is much higher than the correction. Lets take into consideration that the cause of the bullish market is BTC features that were implemented Dec 10, but the next step will be Dec 18.

Correction will come first, maybe by spring we can see a $1000 ethereum but not sooner.

I think Eth need to bounce back to 300-400$ before new year since last time Eth need to correction at half price on top.

To me honestly, a correction will happen soon. For a coin to have a healthy organic growth a pullback is necessary or a consolidation period before another uptrend. If you look at 2017, ETH has been up like 30X already so its pretty much at its peak. So yes a definite correction soon, just wait for it.

While bitcoin doing some corrections its a good timing for those who wanted to buy and hold eth, the value will keep rising better to join the 'ride,
Eth always have a big future ahead so reaching new height from time to time is always positive with this good project.

I dont think ETH will have a correction, because it was undervalued for a very long time when bitcoin go up from 5000 to 20000, eth just stay at 400

Now it's time for Ethereum to rise and show the world that it's here to stay. I am sure we will see 1000$ soon. Remember ETH used to be at 0.15 BTC

as of now i dont  see or feel any corrections that happened on etherium because its value are seems to be stable nowadays. all i can see is its value are still increasing by just small increments from time to time. for sure etherium will still pump and reach his new all time high before it can undergo into a correction though im not totally against on this correction thing and infact correction is also an important event that happens on crypto because it  can somehow stabilize their value.

I hope it can reach $1000 before new year. I believe in etherium power and potential to grow more in value.
Actually i just have 2 etherium.but it is more than enough for me to see the price increase.

I think this year is in favor for ETH miners. I guess most of the miners are switching every now and then which coin is profitable and ETH is one of those coins. I think  is better to hold ETH for some minor reversal.

ETH correction?
what you ask to be corrected from ETH. if the problem of a significant increase in ETH price value then I will give the correction. ETH increases the likelihood that many investors are increasingly believing in the token of the coin where the age of the token in the crypto is long

Maybe we will experience a bit of a correction, but I still believe Eth is highly undervalued and will reach $1000 in the near future. I certainly wouldn't be selling.

I'm very bullish on the price long term, I see the price hitting $1000 with no problem, and will now head to $2000, if you look at the BTC value you will see that is far from the ATH in BTC

I'm expecting more of a huge pump rather than a correction. Bitcoin left out ethereum in terms price and i think, eth needs to catch up. Besides, it's like the price is playing $300-$400  for quite awhile now.

My guess it won't. It seems to be having little ones along the way, but there appears to be a big push to 1k before end of year..

It has a lot of room to get to since the 0.12 top which is actually quite in reach. Only 3x from here, so who will know

I agree. We won't see a big correction. The price will be exactly $ 1000 until the end of the year. It will not fall below $ 700

Local BTC correction and ETH correction are now ongoing. But it's very good, because everyone has the opportunity to buy coins at a low price and make a profit once again.