Ethereum reached the bottom ?

[WoodySpoon]

wouldn't an increase in ICO popularity theoretically increase the value of ETH by encouraging use of the token (giving an actual use to the currency)

hahahahahahahahha

FOR FUCKS SAKE.

How GLIB are you people? SERIOUSLY?

OK I'm pissed off at the stupidity I see, it reminds me how much I despise people etc etc but I will muster up some patience to break this down to you in simple terms so you can probably understand.

• ETH - centralized, one-man (autistic degen) controlled, infinite supply, shitcoin
• BTC - the only king of crypto, too heavy to throw around
• how to take away money from degen gambler kids?
• pump up the centralized, infinite supply shitcoin also known as "Ethereieieuyum"
• get naive suckers plummet all their money into a centralized infinite supply shitcoin (see Crypto mom and other examples of lunacy)
• make some ICO
• promise some pointless shit "innovative disruptive tech" use some buzzwords, create a whitepaper, get scammers, shills and suckers excited
• ICO - you give them your worthless piece of shit scamcoin ETH, that you purchased with real world money
• ICO creators get your ETH
• you get NewSuperCryptoProject token LMFAO hahaha
• you announce it on your degen Twitter profile "Crypto Boss 420" and start using the classic terminology (HODL, Wall Street Di Caprio memes)
• ICO creators decide to ca$h out
• ICO creators DUMP all of that ETH because they have to get dollars, ya know, the real stuff
• you end up back again with infinite supply centralized russian ponzi shitcoin

HODL
HODL
HODL
MOON
HODL

Very constructive post, keep up the good work!

Certainly there's no denying the amount of ICO's on the market that are terrible scam attempts is too high, but you're failing to understand that this gives exposure to the community. Any transaction is a good transaction at this stage.

Crypto as a whole is minuscule, you can't sit here and treat it like a currency because in reality, a few bold regulatory moves from a few international governments combined could simply wipe half the value of it. It's unstable, and it always will be as long as it remains virtual.

Printing currencies exists with fiat currencies, and so do large stacks of this belonging to a key group of people, are these a scam?

[Rumblewand]

wouldn't an increase in ICO popularity theoretically increase the value of ETH by encouraging use of the token (giving an actual use to the currency)

hahahahahahahahha

FOR FUCKS SAKE.

How GLIB are you people? SERIOUSLY?

OK I'm pissed off at the stupidity I see, it reminds me how much I despise people etc etc but I will muster up some patience to break this down to you in simple terms so you can probably understand.

• ETH - centralized, one-man (autistic degen) controlled, infinite supply, shitcoin
• BTC - the only king of crypto, too heavy to throw around
• how to take away money from degen gambler kids?
• pump up the centralized, infinite supply shitcoin also known as "Ethereieieuyum"
• get naive suckers plummet all their money into a centralized infinite supply shitcoin (see Crypto mom and other examples of lunacy)
• make some ICO
• promise some pointless shit "innovative disruptive tech" use some buzzwords, create a whitepaper, get scammers, shills and suckers excited
• ICO - you give them your worthless piece of shit scamcoin ETH, that you purchased with real world money
• ICO creators get your ETH
• you get NewSuperCryptoProject token LMFAO hahaha
• you announce it on your degen Twitter profile "Crypto Boss 420" and start using the classic terminology (HODL, Wall Street Di Caprio memes)
• ICO creators decide to ca$h out
• ICO creators DUMP all of that ETH because they have to get dollars, ya know, the real stuff
• you end up back again with infinite supply centralized russian ponzi shitcoin

HODL
HODL
HODL
MOON
HODL

Very constructive post, keep up the good work!

Certainly there's no denying the amount of ICO's on the market that are terrible scam attempts is too high, but you're failing to understand that this gives exposure to the community. Any transaction is a good transaction at this stage.

Crypto as a whole is minuscule, you can't sit here and treat it like a currency because in reality, a few bold regulatory moves from a few international governments combined could simply wipe half the value of it. It's unstable, and it always will be as long as it remains virtual.

Printing currencies exists with fiat currencies, and so do large stacks of this belonging to a key group of people, are these a scam?

@WoodySpoon I lol'd at "constructive post". Your sarcasm is master level and very much appreciated! 

[comp]

ETH is even worse than ripple IMHO

The fact said that the ripple is even worse than ethereum. The latest chart has proven it. It looks all of the coin follow the bitcoin trend, the bitcoin still hold the big dominance in crypto as a mother of the crypto currency. I think you are know about that.

How can a chart prove something about the underlying technological fantasy? It merely shows a lot of people without (historical) knowledge in the space

[omonuyak]

As at yesterday the coins fell back below $190 I think like op said the best time to buy ethereum and even others leading coins is now and from here Ethereum may reach $500 before pull back again. Wise and professional investors are strategies when to buy in the deep why amateurs are selling at panic. Note now is not a best time to sell but buying!

[foxbat]

ETH is even worse than ripple IMHO

The fact said that the ripple is even worse than ethereum. The latest chart has proven it. It looks all of the coin follow the bitcoin trend, the bitcoin still hold the big dominance in crypto as a mother of the crypto currency. I think you are know about that.

Not "probably". That's a fact that we all can see, the whole market is changing in the direction of bitcoin, they move together, bitcoin dominating the market.

[killerfrost]

ETH went from 403$ to 232$ in few days , it's time to buy a tons of ETH now while its cheap ? What do you think ?

ETH is a currency that has more features than bitcoin. It is difficult to have any coins to pass bitcoin, but ETH is now considered a bitcoin rival. Since the beginning of the year, the price has risen by 2,000% more than bitcoin. So which investment do you choose for which currency?

[BenR]

ETH went from 403$ to 232$ in few days , it's time to buy a tons of ETH now while its cheap ? What do you think ?

ETH is a currency that has more features than bitcoin. It is difficult to have any coins to pass bitcoin, but ETH is now considered a bitcoin rival. Since the beginning of the year, the price has risen by 2,000% more than bitcoin. So which investment do you choose for which currency?

Well, that's one of the problems: are you viewing this as an investment or a currency? Personally, I'd prefer a currency that was less volatile.

[elite3000]

Ethereum reached the bottom for now, but I think the downtrend continues, in my opinion

[Supercell]

Probably in the ~ $185 - $200 range until July 21st, if things go badly then things might get messy.

[jjacob]

ETH went from 403$ to 232$ in few days , it's time to buy a tons of ETH now while its cheap ? What do you think ?

ETH is a currency that has more features than bitcoin. It is difficult to have any coins to pass bitcoin, but ETH is now considered a bitcoin rival. Since the beginning of the year, the price has risen by 2,000% more than bitcoin. So which investment do you choose for which currency?

It has been boosted by the number of tokens which have been issued on the Ethereum blockchain. The ICO bubble will eventually burst. What will happen to ETH after that will be the question. I wouldn't be confident in investing in ETH at this point.

[BenR]

It has been boosted by the number of tokens which have been issued on the Ethereum blockchain. The ICO bubble will eventually burst. What will happen to ETH after that will be the question. I wouldn't be confident in investing in ETH at this point.

Sure, the bubble may burst - but this will affect mostly those coins with no actual value. The platforms and currencies that provide actual services will be affected, but can bounce back. Just like the .coms - many crashed, but the good ones thrived.

[Drokzid]

Bubble will popping right now. Total crypto marketcap bottom will be around 60 Mio Mcap imho.

[Proximity Scan]

The bottom is < 100

truer words never written lol

We will probably see $90 and this will make lots of people cry. The whales will keep going to eat all the money.

The worst thing is that, you can't easily sell ethereum when you're in loss. Bad days could be coming.

[shirazteam110]

In my point of View !! Two big Bubble Bitcoin and ETH will Never die ! If you invest in any of them then dont afraid if it dump !
it will be up again i think buy and forget !

[stomachgrowls]

Price would drop hasnt just been started, wait a little bit more for those hacked coins in parity would be sold because ETH would definitely dumped for sure. ITs hast still yet reached the bottom and we might see again the price of below $100 usd. Depending on the circumstances would happen to those coins. Just hold la little bit more buying now would really be more risky.

[faaty]

Yes, it seems the bottom. There is a strong resistance around 0.08 Btc, which is the %50 retracement from the highest value. You can check it in the charts.
In terms of Elliott Wave perspective, 3rd wave must start very soon...

[mongkie]

ethreum has a good fundamentals and great backbone but everyvgood thing has a bad side. in terms of eth, its security but it is just a bit and it is easy to stregthen. it may take a dip but for sure eth will soar up again