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Author Topic: Ethereum Is not Worth More than 5$-10$  (Read 7075 times)
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March 06, 2017, 03:03:16 AM
 #21

Denial is a river in egypt

http://coinmarketcap.com/

It's about $18.8 right now
Yes I agree with you, the fact ethereum's price is around $18,
we can see the data on the markets and exchangers about the altcoins price
so do with ethereum, it is not about worth or not ethereum's price more than $5-$10,
it is about the fact like or dislike ethereum's price more than $10.

The fact of like or dislike is subjective and  therefore an opinion not a fact at all.  Maybe OP should reword title.

We cant really say what are the real value since its all depend with person whos believing with the project the fact that the price still fluctuating and more and more gambling site are accepting it as also a currency we really cant say if this project is over valued or just enough for its current progress.

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March 06, 2017, 06:52:42 AM
 #22

ETH is over priced but what are you going to do? Everything is over priced.

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March 06, 2017, 07:53:31 AM
 #23

Ethereum price now is more than 10$, eth is a good alt coin but lost its trust when it got forked but the potential of this coin to grow still really big, so many gambling site already implemented eth as curency, so the future of eth still unknown

right. But it s absolutely overpriced atm
Nope. Maybe for you personally however in the future we will look back and remember the days you cud pick up cheap ETH for only $20. Just like BTC.

April 1st is fast approaching shit posting fraud.. or should i call you Butters ?
There has been 2 key frauds here spamming dumb garbage about ETH's grand future.
You are on of them.

When you proclaimed ETH would hit $100 each in 12 months i said the countdown starts.
You are running out of time fast Fraudcache.

And i call you that because the forum 99.99% voted you a fraud.
70% voted in another poll they did NOT believe in ETH too.

Price ? ..manipulation galore.

ETH is ponzi victim shit.

FUD first & ask questions later™
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March 06, 2017, 09:56:12 AM
 #24

Denial is a river in egypt

http://coinmarketcap.com/

It's about $18.8 right now
Yes I agree with you, the fact ethereum's price is around $18,
we can see the data on the markets and exchangers about the altcoins price
so do with ethereum, it is not about worth or not ethereum's price more than $5-$10,
it is about the fact like or dislike ethereum's price more than $10.

The fact of like or dislike is subjective and  therefore an opinion not a fact at all.  Maybe OP should reword title.

Do you mean ethereum's price more than $10 is opinions? How do you explain about the ethereum's price on exchangers (poloniex, kraken, bittrex and other exchangers) more than $10? If it is opinions in your mind, It is real because I can not buy ETH with bitcoin worth less than $10 and getting 1 ETH, It is mean fact because I don't get one ETH with bitcoin worth less than $10  Grin
anks
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March 06, 2017, 02:03:48 PM
 #25

the value of cryptos are not defineable.
you can split one ether in 8 numbers.
the block defines the worth but in crypto you are allowed to split even the block to an nearly worthless unit so its not defineable.
this topic is totally bullshit.

cryptos are a possibility to transfer money with the help of the blocks. the rarity of these blocks defines the worth of one full block (1 unit of a crypto) and the market (offer and demand) defines the rarity of each block.

when you talk about intrinistic worth all cryptos are nearly worthless. the virtual block itself is nearly worthless.
so stop pointing the finger at ether while you all benefit on bitcoin. everybody is splitting their units because they are way too overprized and nearly nobody can afford one block. but nobody cares because you can make profit from it. very strange that people are crying about a unit of ether for just a few dollars.

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March 06, 2017, 02:07:13 PM
 #26

ETH is over priced but what are you going to do? Everything is over priced.

how can you say that something is overpriced based on what? the marketcap of etheruem is not small but it's because the supply is also big, etheruem is now what litcoin was in the past, but with more interesting features, i think it's hyped like the thread strated said, but because behind etehruem there is a competent dev that know his facts

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March 06, 2017, 02:54:46 PM
 #27

I think that Ethereum is not worth what price we have right now, it's just for contracts and new members think that Ethereum is big thing...
It's hyped because people think that this cryptocurreny will be used for payments in stores and websites, but actually not.

What you can say?

I believe everyone is entitled to his or her opinion in which you have rightly done and you should equally not be condemned for but if it were to be by wish or opinion that the price of coins are determined, I am sure the price of bitcoin would have been $100000 to a bitcoin but unfortunately, it does not work that way. The prices works, our opinion does not matter its on the basis of demand and supply and nothing else probably other factors that are not quantifiable.
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March 06, 2017, 04:12:49 PM
 #28

I think that Ethereum is not worth what price we have right now, it's just for contracts and new members think that Ethereum is big thing...
It's hyped because people think that this cryptocurreny will be used for payments in stores and websites, but actually not.

What you can say?

I believe everyone is entitled to his or her opinion in which you have rightly done and you should equally not be condemned for but if it were to be by wish or opinion that the price of coins are determined, I am sure the price of bitcoin would have been $100000 to a bitcoin but unfortunately, it does not work that way. The prices works, our opinion does not matter its on the basis of demand and supply and nothing else probably other factors that are not quantifiable.

I can relate to this! I got into ETH recently because I read that Microsoft and Intel are
onboard to some degree, which would suggest they see some -value- in ETH

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March 06, 2017, 05:59:46 PM
 #29

Eth isn't bad at all it's just you require lot's of patience and if you compare it with bitcoin the coin is useless as the price barely increases. I had invested in eth for 6 months there wasn't any increase so I gave up and then the price increased.
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March 07, 2017, 12:02:43 AM
 #30

ETH is worth more than $10. It's not just a coin that moves from point A to B. It is part of an entire ecosystem for creating decentralized applications and is used as the fuel for running operations on the Ethereum network. As this ecosystem gets larger the demand will likely increase and outpace supply, resulting in a per token valuation greater than $10.

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March 07, 2017, 12:05:47 AM
 #31

ETH is worth more than $10. It's not just a coin that moves from point A to B. It is part of an entire ecosystem for creating decentralized applications and is used as the fuel for running operations on the Ethereum network. As this ecosystem gets larger the demand will likely increase and outpace supply, resulting in a per token valuation greater than $10.

That is true for any cryptocurrency. The key point is predicting which coins will see a boost in adoption. In the alt space, ETH is already the most valuable currency. The question is will it go higher?


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March 07, 2017, 01:27:47 AM
 #32

I think that Ethereum is not worth what price we have right now, it's just for contracts and new members think that Ethereum is big thing...
It's hyped because people think that this cryptocurreny will be used for payments in stores and websites, but actually not.

What you can say?

According to you it is not. According to the market it is worth higher and potentially much more in the future. It is easy to think and say things like what you said if you are not holding any ETH. Maybe you have biased reasons why you think ETH should be lower? You believe you missed the trade perhaps?

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Spoetnik
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March 07, 2017, 04:26:44 AM
 #33

I think that Ethereum is not worth what price we have right now, it's just for contracts and new members think that Ethereum is big thing...
It's hyped because people think that this cryptocurreny will be used for payments in stores and websites, but actually not.

What you can say?

I believe everyone is entitled to his or her opinion in which you have rightly done and you should equally not be condemned for but if it were to be by wish or opinion that the price of coins are determined, I am sure the price of bitcoin would have been $100000 to a bitcoin but unfortunately, it does not work that way. The prices works, our opinion does not matter its on the basis of demand and supply and nothing else probably other factors that are not quantifiable.

I can relate to this! I got into ETH recently because I read that Microsoft and Intel are
onboard to some degree, which would suggest they see some -value- in ETH

No you heard them paying their Azure hosting bill.. many other shitcoins pulled that stunt too.
Don't be low hanging crypto-fruit profiteers  Roll Eyes

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March 07, 2017, 06:15:00 AM
 #34

Overprice,maybe.

But if there still someone used for transaction, it still on. Is up to us how to get the profit from it. Undecided
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March 07, 2017, 10:23:39 AM
 #35

I think that Ethereum is not worth what price we have right now, it's just for contracts and new members think that Ethereum is big thing...
It's hyped because people think that this cryptocurreny will be used for payments in stores and websites, but actually not.

What you can say?

Absolutely! ETH is way overpriced.
I'm not a programmer and I'm quite new to Ethereum, so maybe that's why I disagree but I think that Ethereum has big security issues and yet it opens a wide range of opportunities and so some nice use of it can appear later. I think it is one of the most promising currencies and it has chances to become as popular as bitcoin is. Ethereum is too new, so we shouldn't make hasty conclusions but I think it is worth buying some right now and hope to end up with a couple of thousands of dollars in 5 years.

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March 07, 2017, 12:09:44 PM
 #36

ETH is over extended and the most manipulated Altcoin in history.
People buying in now at $20 a coin will regret it.

Ask yourself what is it and what place does it have now and in the future ?
Then gauge the value of it against that AND the history + launch of it.

It SHOULD be well below a dollar i think.

And buying Dash coins at $50 each is probably worse


Hey buddy, you may consider ether is most hyped and valueless coin. Its your opinion. But many think it has got a hugh potential .I personally think ether is a good cryptocurrency to collect and I always do. Even when bitcoin was introduced everyone thought it was a joke.It was just few cents.Did anyone think its price will rise like this? Likewise ether's price will also increase with time. In my opinion present price of ether is also not good. Wait and watch. Only time will tell the price of ether.
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March 07, 2017, 12:28:34 PM
Last edit: March 07, 2017, 12:41:49 PM by dinofelis
 #37

We cannot know the value of a crypto as long as there are greater-fool games, and greater fools come in.  The true value of a crypto, in the long run, is the extra value creation in the economy it allows to create, that isn't possible without it.  In other words, the true value of crypto is the competitive edge crypto brings, over fiat, to value producing agents, that bring value to consumers.  This is what the market price will indicate.  At this moment, the market price simply indicates the expectation of finding greater fools in the relatively near future.  This is not an error of the market.  If the market indicates, for instance, that a bitcoin is $1200, it means that there's an equilibrium at that price between new, greater fools coming in, and buying up the amount of coins that are made available, by "older fools" that find this a reasonable benefit to cash out on them.  But that is not the economic value of bitcoin in the long run.  The economic value of bitcoin in the long run is the value creation in the economy that its existence allows, and that couldn't exist without it.

Like the true economic value of a truck resides in the value it creates by allowing transportation that wouldn't have been possible without it (the competitive edge that truck transport has over other means of transport).

As of now, the only clearly established case of competitive edge that crypto has over fiat, is in dark markets.  There is true value creation in dark markets that has become possible with crypto, and that became more and more difficult with fiat.  By far most other applications of crypto haven't brought much economic value creation that wasn't possible with more classical means of payment, or contracts.  The main drive of market cap of cryptos resides in speculative greater-fool games.

But that doesn't mean that, when we run out of greater fools (that is, when all those ultimately interested in crypto, came to crypto, and no other people are interested or will be interested in it), that there will not be other value creation cases.  Only, for the moment, there aren't any on the radar.  

It is only at that point that the market will be able to indicate the true value of crypto: when there's no more hope to sell to greater fools at higher value, when the last layer of "greater fools" has been reached, and there's no specific reason to hodl any coin, because it won't rise because of more demand by more fools, but will only be sustained by the demand for usage in its value-creating use cases.
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March 07, 2017, 11:16:21 PM
 #38

This is my third time in the btc/alt world ... early in 2011, then ran away. Fall of 2013 and then ran away, now back since december and not running away this time. Each time I didnt set up a trading account with a proper exchange hence when I wanted to jump back in, I was left with local bitcoin or similar ripp off because it would take weeks before deposits got received and I wanted so badly in that I didn't have the patience to follow through and really set up my "crypto system" of buying, selling and or holding.

Now, stupidly enough I was slow in the fall 2017 again but in Canada, there's now better systems to get in than before.

Some friends saw me and they badly wanted to jump in in february hence they took the 4-5% fee on credit cards on Coinbase and they all jumped in, 10 of them. What they bought? ETH. And they've been following me and learned from me that cryptos could have a future if people say so. Hence for them pooring some hundreds or thousands of dollars there and wait for 2-3 years is not a big issue. If you look at the rate of buying on the exchange, lots of new volumes came exactly from there, the little guy or girl who has seen that BTC could run up over a LONG timeframe and that's probably what a lot of the holders now (is it enough to keep the price as there's always whales) but hey, they understand, without being traders themselves but enough educated, that paper is as much worthless than cryptos depending in which you believe...

And they are all attorneys, accountants, nurses, etc people dealing with papers everywhere and dream of a world with blockchains and all everywhere.... And they read the news, they see big institutions going into this third 3rd/4th wave and they sort of know that there is a shift sooner or later that will be there at their door. And they want in, part for the value but also part for a better functionning of their relative systems, work or personal.

I have no clue where and how and when and where it's going, how much up or down, which one or if ETH is better or worse than ETC because of inflation, but if there is more people and more people believing, that means more holders.

That's only my analytical got and i'm no trader, where I work there is big, paperbased contracts and stuff slowing down everything, and if the technology can get there and lift some people with it in both ways (technically and financially), what is risking some savings and see this as a long term investment. Which I think more people now believe.

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March 08, 2017, 12:23:50 AM
 #39

How many people have so many opinions, whether or not it is not worth it even can not say whether bitcoin is correctly estimated, and you ask about etherium ... and about ltc in 2014 I generally keep quiet
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March 08, 2017, 12:58:15 AM
 #40

More power to ya guys.. wanna buy ETH ICO tokens for $20 each ?
Say that out loud and tell me that sounds like a "smart" plan  Cheesy

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