Ethereum pump and dump?

[treeguard]

First of all i did not know where to post it so be free to move this topic.

I wanted to talk about the ethereum pump that was happening, i can see that its price has dropped by 25 per cent during the last 24 hours. Was it just a pump and dump? I knew that bitcoin is much stronger than it, bitcoin will be the only world currency soon...

[1715602870]

1715602870

[1715602870]

1715602870

[1715602870]

1715602870

[1715602870]

1715602870

[1715602870]

1715602870

[hotsurfing]

Of course it is. If i see one more spamming Ethereum thread, i think I'm going to scream. Will be so fun to watch all of these noobs lose money when the price collapses haha

[tokeweed]

Yes.  Don't buy Ethereum.  My advice is to go sourgraping around the forum if that makes you feel better. 

[Flademago]

I think the pump and dump of Ethereum has finished. The price will stay around present for some time. It might drop.

[tokeweed]

I think the pump and dump of Ethereum has finished. The price will stay around present for some time. It might drop.

Or it could be a good opportunity to buy the dips.

[BitcoinHodler]

it was bound to happen, every time there is a pump this big there will be a drop the same size after it. so you have to expect price going down little by little.

[PrimusInterPares]

well, this question is keeping me away from sleep 
i bought a good stack of ETH when it was around $0.7. i have made good gain so far but wondering if this was just a short pump.
when the price collapsed 25% yesterday i was sure we will see $1.xx again soon, but surpisingly the price recovered again.
Not sure, but will sell all when price drops under $4 again.

[bit1]

well, this question is keeping me away from sleep 
i bought a good stack of ETH when it was around $0.7. i have made good gain so far but wondering if this was just a short pump.
when the price collapsed 25% yesterday i was sure we will see $1.xx again soon, but surpisingly the price recovered again.
Not sure, but will sell all when price drops under $4 again.

The price seems stable but please remains cautious, nothing prevents that it return $1 again.

[chubbyshaggie]

Around +13% atm in poloniex. I made almost a 20% profit right now!

[Jimbola3]

the price of Ethereum is too unpredictable. It is very volatile. Do you think the dump has finished?

[tokeweed]

the price of Ethereum is too unpredictable. It is very volatile. Do you think the dump has finished?

Who knows...  But 1 billion market cap is possible if the current uptrend continues.

[McDonalds5]

well, this question is keeping me away from sleep 
i bought a good stack of ETH when it was around $0.7. i have made good gain so far but wondering if this was just a short pump.
when the price collapsed 25% yesterday i was sure we will see $1.xx again soon, but surpisingly the price recovered again.
Not sure, but will sell all when price drops under $4 again.

"This is the new normal"

[Cryptotraider16]

I also think its it for now! 6$ was maxx now its will go slow down! But if you buy at 1$ and sale now its great profit!
Now is time to move to another cryptocurrency! 😜

[stoat]

The trouble is, you're all used to small market cap shitcoin pump and dumps. 

Ethereum started rising on good news. Of course the price spiked and then corrected. But it will settle at a much higher price than before and then continue to grow fast.

[tyz]

Well, it is not the first question about Ethereum's pump.
I personally think, that the price is currently a little too high. The inflation of Ethereum is very high in the first years.
The interest of companies and organization is not that much yet in order to justify this big price increase.

[Narosya]

The trouble is, you're all used to small market cap shitcoin pump and dumps. 

Ethereum started rising on good news. Of course the price spiked and then corrected. But it will settle at a much higher price than before and then continue to grow fast.

Before this pump, not many people heard about Ethereum. After this pump, it will have more users, so the price will be higher than before.

[Piston Honda]

yup, long term pnd.
it is a solid coin/project but is still overpriced at this point (many groups were all over this at one time).
it'll float high like this awhile then slowly drop back down...maybe not to 300k range but should go down from where it is now.
sure it'll go up higher but over how long or in how long......

[stoat]

yup, long term pnd.
it is a solid coin/project but is still overpriced at this point (many groups were all over this at one time).
it'll float high like this awhile then slowly drop back down...maybe not to 300k range but should go down from where it is now.
sure it'll go up higher but over how long or in how long......

How can you have a "long term pump and dump"?  Thats just retarded.  Ethereum is just starting to get famous.

[Narosya]

yup, long term pnd.
it is a solid coin/project but is still overpriced at this point (many groups were all over this at one time).
it'll float high like this awhile then slowly drop back down...maybe not to 300k range but should go down from where it is now.
sure it'll go up higher but over how long or in how long......

If it is long term pump and dump, then it is like bitcoin. So I think Ethereum will live long. I want it to be developed further.

[Auponef]

yup, long term pnd.
it is a solid coin/project but is still overpriced at this point (many groups were all over this at one time).
it'll float high like this awhile then slowly drop back down...maybe not to 300k range but should go down from where it is now.
sure it'll go up higher but over how long or in how long......

If it is long term pump and dump, then it is like bitcoin. So I think Ethereum will live long. I want it to be developed further.

The Ethereum price is drop fast now. It seems it is a short term pump and dump, even though the pump lasted a month.