Bitcoin Forum

They might as well.
ETH might go to 380 USD if BTC goes below 7K
That is my valuation: Opinion
If things got really bad ETH could be worth >300 USD

Unlikely to happen. Why would you dump ETH for EOS though? And I don't think that BTC will go below $7K. That's the bottom that I'm going to see so I expecting it to go up once we touch it, worst case situation. However, the bottom for me is $7200, and I have no doubt that it will go to $7K.

But the likely scenario of ETH fanboys dumping it in favor of EOS? Nah, EOS will not be the ETH killer that most of you guys wanted to see it. ETH has a lot of investors and I doubt that they will leave in favor of EOS.

I am talking about the founders of EOS selling their ETH Booty!

Keep calm , EOS is already doing it for a long time . They selling their eth partially on bitfinex and probably not only there . So eth price is already suffering from their dump and I don't think there will be any dramatic changes because of that . Ethereum is a high liquidity asset and it will return to normal values even if price will stay dumped for a some period of time .

It seems you don't even aware about all of the transactions that has created by EOS team. EOS team has been dumping around 1.5 millions or more ethereum to the market and there is only no more than 770k ethereum in the EOS owner wallet that means your prediction is really wrong at all. Last week EOS has been dumping 200k ethereum and it's even increase on the price.

Meanwhile, EOS is being dumped the hardest today after mainnet launched :) ironically

I think it would be bad move to follow. ETH is far more stable and highly secure coin to invest in as compared to the EOS coin. Why on the earth anyone will even exchange their EOS to ETH? EOS project is taking major changes right now and it would be hard on an investor to choose it as we dont know what change it will bring in the future and how it will impact the investment that we made today into it. As far as ETH is considered, we have no worries about it whether it takes the dip or not. Though it reaches the prices of 350 USD or whatsoever then also anyone can guarantee its coming back!

I do not think Bitcoin will go down 7k and Ethereum will not go to $ 380, hence the reason what will make me throw ETH, I will defend Eos without throwing ethereum, because Ethreum and Eos are great for my long term investment.

I dont think so. ETH is a strong crypto, many token build in it. EOS is too. May be you see the number of ETH that EOS hold after ICO. But EOS is doing mainnet, and we not sure mainnet is successful or not. Addition, i dont believe EOS can effect to the ETH price

It would make sense for them to dump it NOW and cause the ETH price some pain!
In addition the ETH price could go back to 300 USD

The EOS team has a lot of Ethereum coins, if they decide to sell them, it will take more than one day. And I think that they will sell it on the OTC market, so as not to bring down the price. And so I would not count on a very cheap Ether.

Think what you want!

EOS might be a very good coin, but it does not mean that it is the future, the project is very innovative but it does not mean that it will replace bitcoin.. or ethereum, just stop with that crap

Do you think that EOS management team is stupid? they have a strategy to sell ETH at a good price
EOS token sales take a long time, they sell tokens at different ETH prices, So they will not sell ETH at a cheap price unless there is an urgent need to build the project, EOS Blockchain is already built. I think they have sold most of ETH, they have a management team to sell it and the amount of ETH they have is limited. So stop spreading FUD

Resist the urge to panic, EOS is as of now doing it for quite a while. They are offering their eth mostly on bitfinex and presumably not just there. So eth cost is now experiencing their dump and I don't think there will be any sensational changes on account of that. But future is uncertain.

I do not think so. However Ethereum is more stable than EOS, why sell Ethereum for EOS? Then I think the ethereum will go back up quickly and not touch the price that low.

According to my openion, I think bitcoin's will not go more low. So, if the price of Eth gets then same will happen to EOS also and I won't dump Eth for Eos and I think no one will too.

That can happen and worse. At present there is too much bad news, market capitalization continues to fall, I have not seen any sign of the price increase again. Bitcoin may be at $ 5k5.

Buddy! I think you have less idea about the latest thing happening to EOS. Research on it and then say.

I read somewhere such an opinion that ICO EOS collected a lot of funds in the ETH. Now the founders of the EOS can quietly set the price for the etherium. ::)

There can be anything, we can only wait when people will have at least some thoughts about what they can do with their deposits. it seems to me what to expect is not correct, it is necessary to proceed from an already existing one.

EOS,Cardano  ;D  and what crypto currency do you write next? Do you have problems with ethereum or why do you write here in 2 threads?
what kind of garbage here in the forum  ;)

This would be a great scheme for them. Many are saying that EOS will overtake ETH and if EOS do this, others may shift to EOS. However, this is a desperate move. If ever ETH dumps, this will just be a temporary dump. ETH has more supporters than EOS. Dumping their ETH might be a bad decision IMHO.

I know it's quite ridiculous.  None of these platforms can compete with Ethereum.  EOS is being laughed at by most crypto enthusiasts. It's a centralized database which raised way too much money.  At least they have sold off their most of eth already and EOS can no longer crash this market.

Don't think this is the case. Why would you dump eth for Eos,?  ???

Yes, I also thought about it. Maybe they just eliminate the competitor in this way...

I am thinking and predicting that ETH price will go down around 300 USD. Because ETH are in the long term downtrend of its chart, and with that is the price of Bitcoin will go down about 5000 USD. BTC and ETH must end their reduce cycle, they just can increase again and start with new cycle

I won't do this because eos itself is an immature project, and the volume of eos is much lower than that of Ethereum. If you want to invest in eos, there is no problem. If you choose to be on a project, It is very risky.

this may happen. indeed the development of the EOS is showing a pretty good improvement. so as to make the price and value of this coin is so increased and very capable to be reliable in the future. so it's really nice to have this coin and make it a major endorsement to get rid of Ethereum in the future.

No, you don't have to worry about this, because EOS has sold most of his Ethereum, the price has dropped very seriously, so there will be no bigger changes, Ethereum is a very powerful encryption, not easy death

If I don't abandon Ethereum to buy eos, I think this is stupid. Ethereum is the second largest coin, and the eos project is not fully mature. I am more willing to choose eth instead of eos, even now the price is low. In Ethereum, you can buy more eos coins, but I think its future is definitely not as good as Ethereum.

To overthrow the Ethereum, even the most technologically advanced coin needs a huge financial support. I think that this will not happen.

Eos is a very good coin. As far as people thinks that Eos is bad, I can't understand their mentality. Come on guys Eos is a very good coin. It will definitely have great future.

Now the market for correction and that is why it's too early to say what price will be in ETH and BTC, all this is temporarily so you need to be careful and catch a good price and buy in order to have a profit in the future.