Wall Observer/Research ETH/BTC - Ethereum price movement tracking & discussion

[Blazin8888]

I don't think we will see the price fall far at all. We are seeing surprisingly strong resistance right now.

[EastKing]

I don't think we will see the price fall far at all. We are seeing surprisingly strong resistance right now.

The Ethereum price dropped 15%. It has risen too fast. It need some time to absorb the selling of bag holders.

[Blazin8888]

Does anyone know what the ETH market cap would look like if the price of one ETH was $10?

[Gillette]

Is ETH the only currency that will be used on ETH based applications?

[msin]

Does anyone know what the ETH market cap would look like if the price of one ETH was $10?

It depends on when it hit $10 because of ETH yearly inflation, just like BTC

[Blazin8888]

Interesting...well I see we have found quite a bit of support at this level...I expect action to die down over this weekend as orders don't get in for BTC till next week for most people. This weekend is all about shaking out weak hands, before next weeks rally

[chicken65]

All I know about this coin is it has a future. How bright that is I have no idea. The price isn't phasing me at all.
I don't hold so much of these coins but I will hold them and hope to be pleasantly surprised in the future.
I agree with other posters that its put up good resistance against the weak hands.  

[EastKing]

Does anyone know what the ETH market cap would look like if the price of one ETH was $10?

Genisis (60M Crowdsale+12M Other):   72,009,990.49 Ether
Generated From Mining:                   2,456,924.42 Ether
Current Total Supply                          74,466,914.92 Ether

So the market cap will be $744M if the price is $10.

[Blazin8888]

Does anyone know what the ETH market cap would look like if the price of one ETH was $10?

Genisis (60M Crowdsale+12M Other):   72,009,990.49 Ether
Generated From Mining:                   2,456,924.42 Ether
Current Total Supply                          74,466,914.92 Ether

So the market cap will be $744M if the price is $10.

Thanks buddy. Interesting to think about....

[Blazin8888]

Looks like we have found the floor here! Price is trending back up. We should test the new ATH by end of next week.

[pippo]

back to 0,45 cents my friend.

[EastKing]

back to 0,45 cents my friend.

Maybe the pump has finished and the dump has started. Coin trading is difficult for us. We are not whales.

[tokeweed]

It could be...

[Timeline]

back to 0,45 cents my friend.

I don't think it will drop quite that low. Now that the Microsoft news is confirmed I think 60 cents will be the bottom.

[EastKing]

back to 0,45 cents my friend.

I don't think it will drop quite that low. Now that the Microsoft news is confirmed I think 60 cents will be the bottom.

If it drops to below $0.3. I will stop mining and buy some. At $0.3, the cost of mining is higher than the Eth price.

[Marvell1]

back to 0,45 cents my friend.

I don't think it will drop quite that low. Now that the Microsoft news is confirmed I think 60 cents will be the bottom.

If it drops to below $0.3. I will stop mining and buy some. At $0.3, the cost of mining is higher than the Eth price.

its at $1.05 now how do you think it will drop to .3 lol ?! we already saw over the weekend the new floor at least till devcon is .91

[Timeline]

back to 0,45 cents my friend.

I don't think it will drop quite that low. Now that the Microsoft news is confirmed I think 60 cents will be the bottom.

If it drops to below $0.3. I will stop mining and buy some. At $0.3, the cost of mining is higher than the Eth price.

its at $1.05 now how do you think it will drop to .3 lol ?! we already saw over the weekend the new floor at least till devcon is .91

Yes I don't see it never dropping to 30 cents. We are now sub 300k but price is still above 1 dollar because of BTC sudden rise.
I think we will see lower prices but not by much maybe 80 cents if lucky.

[Blazin8888]

Really good to see the buy support growing across all exchanges!!! ETH is going to the moon fellas!

[EastKing]

Both bitcoin and US dollar dropped a bit. The mining hash speed is at record. If the difficulty continue to rise, there will be no profit for miners.

[Blazin8888]

Look for a fresh rally beginning as early as this Wednesday -Thursday the latest.
This is a historic time for both BTC and ETH.

ETH will break 800k anytime now. Support is growing at this level and we are about to spring into space.

https://letstalkbitcoin.com/blog/post/the-ether-review-3-roman-mandeleil