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Author Topic: Eth will skyrocket the next days  (Read 6384 times)
pereira4
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May 20, 2016, 02:39:14 PM
 #41

My crystal ball shows me that ETH is not going to skyrocket anymore, that part is alrdy over. The price is overvalued/overhyped, it is maxed out.

Buying now is FOMO and you're ready to getting REKT.

I actually think ETH still has some sort of pump before it finally collapses. I don't know if it will correct again before this aforementioned pump happens, or if we will go higher than the current price, what im saying is, there's still some money to be made off ETH's ridiculous hype.
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May 20, 2016, 04:33:23 PM
 #42

So the OP was right.

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May 20, 2016, 04:38:35 PM
 #43

That prediction was very accurate. But the price is going down now. It dropped from 0.034 to 0.03 now.

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May 20, 2016, 04:47:47 PM
 #44

Probably just a correction, eth was overbought.
Now it will go up again, till the end of DAO ICO, then we might see a big dump.
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May 20, 2016, 05:14:20 PM
 #45

That prediction was very accurate. But the price is going down now. It dropped from 0.034 to 0.03 now.

Now it is going up again. 0.0312 now.

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May 20, 2016, 05:56:00 PM
 #46

To me it had already skyrocketed! https://www.coingecko.com/en/price_charts/ethereum/usd

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May 21, 2016, 11:15:49 AM
 #47

That prediction was very accurate. But the price is going down now. It dropped from 0.034 to 0.03 now.
honestly I expect still a little more to come, but I also can be wrong ;-)
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May 21, 2016, 11:19:35 AM
 #48

With more people wanting to invest in DAO and ETH being the only asset to invest, people have to buy more and more ETH, which makes it more and more expensive.
Why people need invest in DAO and ETH as the only asset to invest ? ETH can not reach Bitcoin user base at least next five years, there are not so many Websites, which uses DAO and ETH.  Wink

I ment you can only use ETH to buy DAO.
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May 21, 2016, 12:32:09 PM
 #49

I made a wrong judgement about eth, at first i thought its going to be another common coin like other alt coin, but now i regret i didnt buy eth, the price when i saw bitcoin was 0.02 now its up to 0.03


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May 21, 2016, 01:26:23 PM
 #50

20 million Ethereum to be locked into the DAO is quite a lot. But if the lead developers buy a lot of DAO, it is possible.

For the DAO to fund any projects the ether they took in needs to be converted to fiat. I read somewhere that one of the projects they were considering supporting was a car sharing business in France. You can't buy vehicles with ether and even if you could it would be instantly exchanged for fiat.

Basically the DAO has been used to drive up the price  of ether and as they spend those ether to support projects it will drive the price back down. Once the ball starts rolling people holding ether will sell as well.

The idea that the DAO ether are locked off the market is incorrect. Those ether must be sold to make investments. If the DAO does not sell it's ether to invest, the DAO will have failed as an investment method. The only locked funds are those of the individual investors who currently can't get out.
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May 21, 2016, 01:37:26 PM
 #51

I made a wrong judgement about eth, at first i thought its going to be another common coin like other alt coin, but now i regret i didnt buy eth, the price when i saw bitcoin was 0.02 now its up to 0.03

When the DAO hype comes to an end, the price might go down to 0.02 again. You can buy some at the time.
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May 26, 2016, 06:43:20 PM
 #52

I made a wrong judgement about eth, at first i thought its going to be another common coin like other alt coin, but now i regret i didnt buy eth, the price when i saw bitcoin was 0.02 now its up to 0.03

Maybe the price will drop to 0.02 in the next weeks, you can buy a lot then. But you may think the price will drop again, and do not buy.

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June 08, 2016, 02:14:10 PM
 #53

I made a wrong judgement about eth, at first i thought its going to be another common coin like other alt coin, but now i regret i didnt buy eth, the price when i saw bitcoin was 0.02 now its up to 0.03

Maybe the price will drop to 0.02 in the next weeks, you can buy a lot then. But you may think the price will drop again, and do not buy.

The price of Etheruem is just 0.025 at the moment, it is lower than the bitcoin price all time high of 0.035, but it is already dollar price all time high.

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June 08, 2016, 06:17:10 PM
 #54

The Ethereum price is very high at the moment. Many people think it will drop below $10. Why so strong?

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June 09, 2016, 03:32:23 PM
 #55

The Ethereum price is very high at the moment. Many people think it will drop below $10. Why so strong?

The miners are not selling the Ethereum because they think the price will go higher. The volume is low.

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June 12, 2016, 05:13:00 PM
 #56

The Ethereum price has skyrocketed, it is already the new dollar new time high. The price is over $15.
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June 12, 2016, 05:19:32 PM
 #57

Ethereum price for me is over valued and i think instead of the price increase will come the of ethereum it will reduce and more people are converting their ethereum to bitcoin they know that bitcoin has a potencial to grow..

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June 12, 2016, 05:21:23 PM
 #58

Definitely needs to go a lot higher to minimize the impact of releasing millions of ETH for conversion to fiat if the DAO becomes functional and makes investments.
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June 12, 2016, 06:53:56 PM
 #59

Ethereum price for me is over valued and i think instead of the price increase will come the of ethereum it will reduce and more people are converting their ethereum to bitcoin they know that bitcoin has a potencial to grow..

How you can judge wether a coin is overprice or not? Maybe btc is way overpriced, not eth?

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June 12, 2016, 07:22:44 PM
Last edit: June 12, 2016, 08:40:55 PM by Hannu
 #60

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