ETH Soon Back To Sub 1 Dollar

[Farma]

I think this is almost the same with bitcoin story in the past. people also say that bitcoin prices will drop to a lower price, and vilify bitcoin. eth in my opinion is a good coin, maybe someday the price will compete with bitcoin, and I'm sure the price will not be $ 5

[jaysabi]

&Too many hungry miners Need to sell

I am a miner. I will not sell below $10. In fact, I am also buying. The price will be $50 later this year.

There are few things I am confident of when it comes to crypto, but Eth not reaching $50 this year is one of them.

[TinEye]

Its pointless to make predictions like this, especially since the price is also somewhat tied to Bitcoin.

For the short term, I think its a good place for a short. I had expected ETH to rebound significantly but it has failed to do so far.

[balu2]

I'm buying for 5 cent in december 2017.
 

[google98]

&Too many hungry miners Need to sell

I am a miner. I will not sell below $10. In fact, I am also buying. The price will be $50 later this year.

There are few things I am confident of when it comes to crypto, but Eth not reaching $50 this year is one of them.

Depens on what Vitalik still has in store... Any big announcements could push the price easily. As long as we cannot tell, everything's just speculation.

I think ETH has the resources to build connections among the big players, the question is if they can deliver on time (which should be possible with regard to their funds for development)...

[sadasa]

&Too many hungry miners Need to sell

I am a miner. I will not sell below $10. In fact, I am also buying. The price will be $50 later this year.

There are few things I am confident of when it comes to crypto, but Eth not reaching $50 this year is one of them.

Depens on what Vitalik still has in store... Any big announcements could push the price easily. As long as we cannot tell, everything's just speculation.

I think ETH has the resources to build connections among the big players, the question is if they can deliver on time (which should be possible with regard to their funds for development)...

The Ethereum projects have delayed many times. But it still deliver. So I have some confidence in it.

[Xiestar]

If the Ethereum price goes back to below $1, many people will be very said. It is the second $1billion coin.

[Za1n]

It is doubtful it will go back to $1 anytime soon, too many miners have jumped on board with their (assumed) investments in hardware and infrastructure to simply give their Ethereum away. The cost to mine 1 ETH is approximately $1.40 based upon normal hash-rates and an electricity cost of $0.08 KWh, and this figure does not include any ROI on investments.

Based upon this and the fact that the mining difficulty is continuing to rise, I don't think will go much below $5.00, with $3.00 probably a pretty solid floor.

[solstice]

If the Ethereum price goes back to below $1, many people will be very said. It is the second $1billion coin.

It's very possible but maybe not this year. The increase in supply probably will put ETH below $1 in the next couple of years.

[Jordan23]

Impossible. The ether fanboy Professional Googler AKA KeepDoing said.........well nevermind. LOL

[asrilani]

If the Ethereum price goes back to below $1, many people will be very said. It is the second $1billion coin.

It's very possible but maybe not this year. The increase in supply probably will put ETH below $1 in the next couple of years.

The inflation of the supply of the new coins will be low. It will be less than single digit from next year.

[sadasa]

Impossible. The ether fanboy Professional Googler AKA KeepDoing said.........well nevermind. LOL

I think the Ethereum price will not go below $2 again. It is lower than many people's mining cost now.

[Ziscadas]

Impossible. The ether fanboy Professional Googler AKA KeepDoing said.........well nevermind. LOL

I think the Ethereum price will not go below $2 again. It is lower than many people's mining cost now.

I will buy some if the price is below $5. That is lower than the mining in many parts of the world already.

[BTCLovingDude]

i think the lowest Eth price is going to be more than $2 because it is above the pre pump pre hype price which seems like a more real price for Ethereum and then there is a chance of more pump and dumps after hitting the rock bottom because there will be more buy at that low price not here while the price is high.

[jjacob]

i think the lowest Eth price is going to be more than $2 because it is above the pre pump pre hype price which seems like a more real price for Ethereum and then there is a chance of more pump and dumps after hitting the rock bottom because there will be more buy at that low price not here while the price is high.

It did oscillate between $1 and $0.75 for some time.
In any case, there is no sanctity to the $1 mark. It is just a round number in fiat terms.

[BTCLovingDude]

i think the lowest Eth price is going to be more than $2 because it is above the pre pump pre hype price which seems like a more real price for Ethereum and then there is a chance of more pump and dumps after hitting the rock bottom because there will be more buy at that low price not here while the price is high.

It did oscillate between $1 and $0.75 for some time.
In any case, there is no sanctity to the $1 mark. It is just a round number in fiat terms.

yeah i know that. actually i double checked the price on my exchanger before posting this. that is why i said it is above the pre-pump-price.

after the dust settles the price is never going down to the last price($0.75-$1 in this case) it will become stable above that hence the $2.

although it is all speculation and all the numbers has room to wiggle!

[asrilani]

i think the lowest Eth price is going to be more than $2 because it is above the pre pump pre hype price which seems like a more real price for Ethereum and then there is a chance of more pump and dumps after hitting the rock bottom because there will be more buy at that low price not here while the price is high.

It did oscillate between $1 and $0.75 for some time.
In any case, there is no sanctity to the $1 mark. It is just a round number in fiat terms.

yeah i know that. actually i double checked the price on my exchanger before posting this. that is why i said it is above the pre-pump-price.

after the dust settles the price is never going down to the last price($0.75-$1 in this case) it will become stable above that hence the $2.

although it is all speculation and all the numbers has room to wiggle!

The cost of mining is around $4 at present for many home miners. So I will buy when the price drops below $4.

[Jacques21]

i think the lowest Eth price is going to be more than $2 because it is above the pre pump pre hype price which seems like a more real price for Ethereum and then there is a chance of more pump and dumps after hitting the rock bottom because there will be more buy at that low price not here while the price is high.

It did oscillate between $1 and $0.75 for some time.
In any case, there is no sanctity to the $1 mark. It is just a round number in fiat terms.

yeah i know that. actually i double checked the price on my exchanger before posting this. that is why i said it is above the pre-pump-price.

after the dust settles the price is never going down to the last price($0.75-$1 in this case) it will become stable above that hence the $2.

although it is all speculation and all the numbers has room to wiggle!

The cost of mining is around $4 at present for many home miners. So I will buy when the price drops below $4.

You will wait a while before it goes near that. But no one can accurately predict the price of any coin. We just have to wait and see.

[manav1112]

I think we can say that once a coin reaches this point with such traction, media attention, market cap, backing it is very unlikely to fail even if a major disaster happens like bitcoin was still alive (even though it dropped a lot) after Mt. Gox (I lost money too at that point)

[Red-Apple]

I think we can say that once a coin reaches this point with such traction, media attention, market cap, backing it is very unlikely to fail even if a major disaster happens like bitcoin was still alive (even though it dropped a lot) after Mt. Gox (I lost money too at that point)

well, you cannot compare any altcoin with bitcoin. they just don't fall into the same category despite the fact that they are both crypto-currencies.

but i get the point, although this "traction" you are talking about, from media and the community can only affect the price so much, then after that if there is not really anything useful with the coin and it can not move forward then it will begin dying, especially if people start losing money due to the pump and dumps.