What is ETH bottom ?

[JanpriX]

When prices are dropping I noticed that once ETH surpasses 200, it starts rallying,
Some times it goes to 150ish but then always above 200$. What do you think is the bottom?

I would say that anything below $200 will become an established bottom price for it and anything on that area will be a buy area for me. I just watched an interview with Vitalik Buterin earlier in a conference which just happened recently (I can't remember the name of that conference) and I must say that their plan with ETH in the future is quite promising. I believe it tackles the Plasma-thing that will be integrated in ETH environment that will somehow copy the ability of VISA to process transactions every second. He said that it will be available next year, 2018. I can't remember if it is Q2 or Q3.

With that being said, I don't know if it will ever comeback to that sub-$200 area with those updates being laid upon by Vitalik.

[Ademen]

When prices are dropping I noticed that once ETH surpasses 200, it starts rallying,
Some times it goes to 150ish but then always above 200$. What do you think is the bottom?

I would say that anything below $200 will become an established bottom price for it and anything on that area will be a buy area for me. I just watched an interview with Vitalik Buterin earlier in a conference which just happened recently (I can't remember the name of that conference) and I must say that their plan with ETH in the future is quite promising. I believe it tackles the Plasma-thing that will be integrated in ETH environment that will somehow copy the ability of VISA to process transactions every second. He said that it will be available next year, 2018. I can't remember if it is Q2 or Q3.

With that being said, I don't know if it will ever comeback to that sub-$200 area with those updates being laid upon by Vitalik.

I agree with that. The recent upgrade is very smooth. So the price might rise sooner or later.

[Mr.Stinson]

i think right now we have a good chance for buying. i am sure ETH will rise again soon after the fork

[RenaiSHITechnology]

I dint think ETH would drop much.
It would be higher soon.
I ll buy more

[ahoenk]

Ethereum cpuld probably going to $100 but...there is very strong support at $200 if this coin going under $200 it will goes to $100 but if this coin hold above $200 then $200 is the bottom price for ethereum for now. We will see what will happen in 2018. The end of this year ethereum it will goes arround $200-$300.

[Hichi]

bottom could be anything from zero to three hundred. It might never go below three hundred starting from today, but that's the thing about trading, you never know. Personally I don't see ETH even reaching close to 200 anytime soon. That happened previously because the network expereienced issues that have never been present before. Having fixed many of these things (and improving the network as is being done with each upgrade/fork) will only make ETH stronger. Considering that many people have heard nowadays about ETH, in comparison to, let's say six months ago (ETH had a market cap of 2 million, now it's hovering at about 30 million), it's safe to pressume that it's unlikly we'll see any capital flow off ETH, as it's the leader in the smart contract sectors and a clear winner in what is regarded as user/platform adoption.

[jamesqy]

it's already going up now. don't waste your time waiting for the bottom, for the long term now is the bottom.

[Ademen]

it's already going up now. don't waste your time waiting for the bottom, for the long term now is the bottom.

that is right. The ETH price has started rising.