ETH Soon Back To Sub 1 Dollar

[RoseMann]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

Yah, I think only news is not enough to drive the price higher. We need good development of the platform and many usages.

[RoommateAgreement]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

Yah, I think only news is not enough to drive the price higher. We need good development of the platform and many usages.

the biggest driving force that can drive the price high is hype and i believe that ethereum has exhuasted that resource enough that there is nothing left in it to push theprice up. although you never know with eth since it is being controlled by the dev team that have the largest amount.

[glerant]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

It depends on how useful the smart contracts are - if they show potential then more investors will come in, if not then you may be right.

[RoseMann]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

It depends on how useful the smart contracts are - if they show potential then more investors will come in, if not then you may be right.

The Ethereum is unique due to the built in smart contract platform. If nobody uses it, the value will be zero.

[shanem]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

It depends on how useful the smart contracts are - if they show potential then more investors will come in, if not then you may be right.

The Ethereum is unique due to the built in smart contract platform. If nobody uses it, the value will be zero.

Going back to 1 dollar is almost impossible when there are so many banks behind it. I feel the price will stagnant and may even go down a little.
There will be corporations using Ethereum but the supply is simply too huge for the coin to sustain such high value.

[jaysabi]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

Yah, I think only news is not enough to drive the price higher. We need good development of the platform and many usages.

the biggest driving force that can drive the price high is hype and i believe that ethereum has exhuasted that resource enough that there is nothing left in it to push theprice up. although you never know with eth since it is being controlled by the dev team that have the largest amount.

No, better than hype is utility. If the coin is useful and fulfills a market function, it will be worth more long term. Hype is temporary. Utility is forever. (Or until it's not longer useful.)

[jaysabi]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

That's a pretty flimsy case for never having a bear market. Lots of things generate news. News is rather worthless, buyers are what matter. Bitcoin generates far more news, but that didn't keep it from crumbling to from $200 from $1200. Only the hype about the halving has managed to bring it back to 40% of it's high point.

Yah, I think only news is not enough to drive the price higher. We need good development of the platform and many usages.

the biggest driving force that can drive the price high is hype and i believe that ethereum has exhuasted that resource enough that there is nothing left in it to push theprice up. although you never know with eth since it is being controlled by the dev team that have the largest amount.

No, better than hype is utility. If the coin is useful and fulfills a market function, it will be worth more long term. Hype is temporary. Utility is forever. (Or until it's not longer useful.)

And to be clear, the hype is about Eth's utility. It's just that no one can even explain to me what the utility is. That's why I'm not taking it seriously.

[crairezx20]

The price of eth right now are still reducing and i think more traders right now are converting into bitcoin.. because of price increase.. and i think this is the beginning of the price increase for bitcoin so better to convert altcoin into bitcoin to make more profit once the price will hit 600 soon..

[BitcoinNational]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

Hyperinflation will take over once everyone did buy their bag. At one point buyers run out, that's when the bloodbath happens and there will not be a recovery to old highs. Maybe you can keep the hype going for another month or two but at one point it's rolling over. Thinking 'it's going up forever' will produce a devastating loss to the person thinking that way.

In March i would have said (did say), under $1 soon.

But the ETH has played its cards right, and stands to trade like the BTC bubble, so likely an instant crash to $2ish range, just a stab for those connected at the exchanges, then solid trade at $9, $7, $5, $3, $2 for +12m bear slide down ... then a new hype we hit bottom run to $5-$7 then reality slide to $2-$1 for years 2018-2020.

The charts of BTC, LTC, ETH are basically the charts of any other shit coin, inflationary gravity eventually kicks in, but they have extra long market cycles. (like 2-3years)

[RoseMann]

The charts of BTC, LTC, ETH are basically the charts of any other shit coin, inflationary gravity eventually kicks in, but they have extra long market cycles. (like 2-3years)

I have different opinion. The bitcoin chart is quite good. The price is rising after 6 months of consolidation.

[X7]

The level of FUD on these forums is simplistic

[asrilani]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

Hyperinflation will take over once everyone did buy their bag. At one point buyers run out, that's when the bloodbath happens and there will not be a recovery to old highs. Maybe you can keep the hype going for another month or two but at one point it's rolling over. Thinking 'it's going up forever' will produce a devastating loss to the person thinking that way.

In March i would have said (did say), under $1 soon.

But the ETH has played its cards right, and stands to trade like the BTC bubble, so likely an instant crash to $2ish range, just a stab for those connected at the exchanges, then solid trade at $9, $7, $5, $3, $2 for +12m bear slide down ... then a new hype we hit bottom run to $5-$7 then reality slide to $2-$1 for years 2018-2020.

The charts of BTC, LTC, ETH are basically the charts of any other shit coin, inflationary gravity eventually kicks in, but they have extra long market cycles. (like 2-3years)

The bitcoin price was pumped in 2013 by the Mt Gox willy the Robert. I think there is no such case in Ethereum.

[Palaxidon]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

Thats just not possible. Even in the worst scenario it will fall only to 5-7$ then Rise above 15$

[Docnaster]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

Thats just not possible. Even in the worst scenario it will fall only to 5-7$ then Rise above 15$

I agree with this. The cost of mining for most home miners is about $5 to 8. So that could be the bottom price.

[RoseMann]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

Thats just not possible. Even in the worst scenario it will fall only to 5-7$ then Rise above 15$

I agree with this. The cost of mining for most home miners is about $5 to 8. So that could be the bottom price.

The cost of mining is rising fast. That is main because of the mining difficulty rise 100% every two months.

[jjacob]

Ethereum IPO "Project" will soon go back to sub 1 dollar price, because there's not enough fools to maintain the price.
Whales have to dump before buywalls are being deleted causing a permanent downtrend similar to other failed altcoins.

This means ETH is dead.

Thats just not possible. Even in the worst scenario it will fall only to 5-7$ then Rise above 15$

I agree with this. The cost of mining for most home miners is about $5 to 8. So that could be the bottom price.

Markets don't work that way.
Think of the crude market. Prices dipped below cost of production for most of the suppliers.

[reb0rn21]

I think we'll see one more last spike and a very heavy dump on that one. Bearmarket after that.

A bear market is impossible with ethereum. It's generating too much news. This dao drama is only likely to generate a lot of interest in eth

Hyperinflation will take over once everyone did buy their bag. At one point buyers run out, that's when the bloodbath happens and there will not be a recovery to old highs. Maybe you can keep the hype going for another month or two but at one point it's rolling over. Thinking 'it's going up forever' will produce a devastating loss to the person thinking that way.

In March i would have said (did say), under $1 soon.

But the ETH has played its cards right, and stands to trade like the BTC bubble, so likely an instant crash to $2ish range, just a stab for those connected at the exchanges, then solid trade at $9, $7, $5, $3, $2 for +12m bear slide down ... then a new hype we hit bottom run to $5-$7 then reality slide to $2-$1 for years 2018-2020.

The charts of BTC, LTC, ETH are basically the charts of any other shit coin, inflationary gravity eventually kicks in, but they have extra long market cycles. (like 2-3years)

The bitcoin price was pumped in 2013 by the Mt Gox willy the Robert. I think there is no such case in Ethereum.

I am sorry to say, but mayor pump was from china!
and you just need to look at Polonix and ask yourself whats are those ETH boots doing, remember mtgox debacle, pls google it if you forget and then look again @eth at polonix, know that smart contract are not used at all, ETH is heavy premined and centralized and to the math!

Sure I am not saying it going down to 1$ but it will drop and soon

[Divinespark]

Why have Ether exchange volumes fallen off the cliff in recent days? Wouldn't that usually indicate a correction is around the corner. That said, no way it goes to sub $1 imho. Maybe temporary fall to sub $10

[Jacques21]

This SOON sounds like the old Josh Garza soon. Could be a long time.

[asdalani]

This SOON sounds like the old Josh Garza soon. Could be a long time.

You are right. It seems the Etheruem will not drop below $1 in the next 5 years or when there is still PoW mining.