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manav1112
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May 03, 2016, 01:28:48 PM |
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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. I guess that is where things such as smart contracts such as Daohub/DigixDao play a role. I did the bitcoin/altcoin comparison because I think Eth aims to be a seperate entity in the future and exchange $ directly. |
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densuj
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May 04, 2016, 02:42:40 PM |
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No body know about future and there is no Boby know price of ethereum even if for 1 minute later
We do not know the price of a coin in a specific time, but we will know the price range. The Ethereum price will be around 0.02 to 0.03 in the next few days. Yes you are right, today we know the price range of ethereum, and we can buy on 0.02BTC then sell on 0.03BTC, that is simple way to trade ethereum. Buy on support and sell on resistance. The Etherem price is in a small range recently. But it might break up due to good news or down due to bad news. That is nice for trading if price of ethereum is fuctuatif. We can trade and make profit |
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jaysabi
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May 04, 2016, 05:32:46 PM |
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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.
The cost to mine a coin or investments in mining infrastructure will not prevent it from dropping in price. Demand is a determinant of price, and the cost to mine the coin has nothing to do with demand. If demand for the coin goes away, the price will drop, regardless of how much it costs to mine the coin. |
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jaysabi
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May 04, 2016, 05:35:57 PM |
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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)
Would you also say once a company reaches a certain threshold of value, it cannot fail either? Because that's a perfect analogy and multi-billion dollar companies going bankrupt is not an infrequent occurrence. I'm not saying Eth will fail. I'm just saying assuming it can't because of its current size is folly. |
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stoat
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May 04, 2016, 08:05:55 PM |
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ETH will be $100 quite soon
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Sark
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May 04, 2016, 10:07:58 PM |
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The number of transactions on the Ethereum network continues to grow. The fundamentals of the network continue to improve, and it is seeing real, actual usage beyond just speculative trading.
Obviously the current price of Ethereum is far higher than its fundamentals would dictate, but the potential for growth on the network is still there and is slowly being realized.
If people think the hype train for Ethereum has ended, they are sorely mistaken. Right now, the network is very difficult to use and still aimed at developers. In the next release with the App store and a friendly UI that is aimed at consumers, you are going to see a massive level of hype coming.
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Minecache
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May 04, 2016, 10:20:01 PM |
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ETH will be $100 quite soon
I still think we are a year away. But good tech and even better price per ETH. It's not too late to join the ETH train. |
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bestluck
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May 04, 2016, 11:09:50 PM
Last edit: May 05, 2016, 08:08:37 AM by bestluck |
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I don't think that it will come back to $1, but there are some chances of its price decrease, but still I will say that the price will not come to $1, it will come back only to a limit of $5 and I think after that if it got some support from the public, then it will once again start to increase.
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Quarknet
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May 05, 2016, 06:47:37 AM |
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The price of Ethereum might dip to $5. But it will not decrease to 1 dollar. It will be dead before dropping to $1.
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Bought
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May 05, 2016, 06:50:48 AM |
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I ended up buying in right at the top of the last pump so good chance this is going to drop to a dollar soon. If i knew for sure it would go to $100 a coin i would go all in but cant say im that confident.
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Superways
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May 05, 2016, 07:11:02 AM |
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The price of Ethereum might dip to $5. But it will not decrease to 1 dollar. It will be dead before dropping to $1.
No ethereum is not going to dead but the actual reason for its lowering down is the halving of bitcoin, whenever the halving effects of bitcoin will continue the price of ethereum will continue to lower down and after that people will find that currency a cheapest currency to buy and hold for the future and after that people will try to increase its value. |
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asrilani
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May 06, 2016, 06:43:14 PM |
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I ended up buying in right at the top of the last pump so good chance this is going to drop to a dollar soon. If i knew for sure it would go to $100 a coin i would go all in but cant say im that confident.
I also bought some when the price was about $10. The price usually drop after I buy. I will buy some more if it drops further. |
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Narosya
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May 10, 2016, 02:16:35 PM |
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I ended up buying in right at the top of the last pump so good chance this is going to drop to a dollar soon. If i knew for sure it would go to $100 a coin i would go all in but cant say im that confident.
I also bought some when the price was about $10. The price usually drop after I buy. I will buy some more if it drops further. With the first successful DAO, and many DAO will follow. They will consume a lot of Ethereum and support its price. |
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x13
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Things are called shit for a reason, dear.
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May 10, 2016, 04:49:54 PM |
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But you need to be sure in which direction the price tends. Bullish or bearish. Otherwise you will not be very successfull. I personally tried to trade Ether but ROI was around 0. No body know about future and there is no Boby know price of ethereum even if for 1 minute later
We do not know the price of a coin in a specific time, but we will know the price range. The Ethereum price will be around 0.02 to 0.03 in the next few days. Yes you are right, today we know the price range of ethereum, and we can buy on 0.02BTC then sell on 0.03BTC, that is simple way to trade ethereum. Buy on support and sell on resistance. The Etherem price is in a small range recently. But it might break up due to good news or down due to bad news. That is nice for trading if price of ethereum is fuctuatif. We can trade and make profit |
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trickytricky
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May 11, 2016, 07:29:31 AM |
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Ethereum could go any direction atm...
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Zosuda
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May 11, 2016, 07:47:01 AM |
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Ethereum could go any direction atm...
The potential to go higher is more than to go lower. There is demand for the Etheruem in many practical usage. |
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sadasa
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Unpaid signature.
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May 11, 2016, 08:10:38 PM |
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That is excellent news. It proves that the Ethereum can be very useful for the financial industry and beyond. |
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Minecache
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May 11, 2016, 10:12:54 PM |
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That is excellent news. It proves that the Ethereum can be very useful for the financial industry and beyond. I actually heard them discuss Ether doing this on the national NPR, pretty big deal to hear an ALTCOIN being discussed alongside bitcoin on NPR. What's NPR? |
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danel
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May 12, 2016, 12:53:55 AM |
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That is excellent news. It proves that the Ethereum can be very useful for the financial industry and beyond. I actually heard them discuss Ether doing this on the national NPR, pretty big deal to hear an ALTCOIN being discussed alongside bitcoin on NPR. What's NPR? It is a media organization stands for National Public Radio. |
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