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Author Topic: The next crash  (Read 2791 times)
brushgee (OP)
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June 29, 2017, 11:04:46 AM
Last edit: June 29, 2017, 10:52:40 PM by brushgee
 #1

I am not optimistic. Last week ETH touched the support 200 USD. I think it will crash for the second time, it's matter of time and whether it will drop under 200 USD or not. And most of the coins will drop accordingly. Take care. What do you think?
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June 29, 2017, 11:21:46 AM
 #2

Hmmmmmm ? Ethereum clasic or just Ethereum

Ethereum classic ( ETC ) actually is 18 bucks and didnt reach never  200 usd and is a new coin

About Ethereum depends , it was close to 200 but actually is back to 300 , also the block of difficulty is still increasing and the profit for mining is going down . So i think in 3 or 4 months we wont mine anymore eth and also the price will go less than 200 usd

But i think ethereum classic will grow very fast and will be replaced with erhereum Smiley
brushgee (OP)
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June 29, 2017, 11:23:16 AM
 #3

Hmmmmmm ? Ethereum clasic or just Ethereum

Ethereum classic ( ETC ) actually is 18 bucks and didnt reach never  200 usd and is a new coin

About Ethereum depends , it was close to 200 but actually is back to 300 , also the block of difficulty is still increasing and the profit for mining is going down . So i think in 3 or 4 months we wont mine anymore eth and also the price will go less than 200 usd

But i think ethereum classic will grow very fast and will be replaced with erhereum Smiley
sorry, I mean ETH.
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June 29, 2017, 11:26:37 AM
 #4

agree we're not out of the woods, but think/hope it'll be some sideways action rather than crash. between 250-300


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richsoon
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June 29, 2017, 11:29:50 AM
 #5

agree we're not out of the woods, but think/hope it'll be some sideways action rather than crash. between 250-300

Seems to be going back down again after a nice rise, utimately I think it will hover been 0.1 and 0.15 bitcoin for the foreseable future whatever fiat price that may be.
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June 29, 2017, 12:24:52 PM
 #6

It all happens based on the price fluctuations happening with bitcoin, because last week along with bitcoin majority of the altcoins were dropping and now when bitcoin retained the drop the altcoins too started to move upward with small drops happening in between.
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June 29, 2017, 01:45:51 PM
 #7

I am not optimistic. Last week ETH touched the support 200 USD. I think it will crash for the second time, it's matter of time and whether it will drop under 200 USD or not. And most of the coins will drop accordingly. Take care. What do you think?

I wouldn't touch ETH anytime soon to be honest. Their scaling problems are really concerning. I would look at ETC for a short term speculative move, since ETC does not suffer from the big scaling problem of ETH yet. Maybe UBQ, STRAT and other smart contract platforms are a good buy.
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June 29, 2017, 02:04:43 PM
 #8

I am not optimistic. Last week ETH touched the support 200 USD. I think it will crash for the second time, it's matter of time and whether it will drop under 200 USD or not. And most of the coins will drop accordingly. Take care. What do you think?

I wouldn't touch ETH anytime soon to be honest. Their scaling problems are really concerning. I would look at ETC for a short term speculative move, since ETC does not suffer from the big scaling problem of ETH yet. Maybe UBQ, STRAT and other smart contract platforms are a good buy.
Yep. Other platforms are definitely going to surge ahead now. Hopefully, waves and bitbay will leap ahead too
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June 29, 2017, 02:14:00 PM
 #9

and other smart contract platforms are a good buy.

Would you share about it? I am interested to know more which coins good for invest and have smart contract platforms? Thanks!

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brushgee (OP)
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June 29, 2017, 10:45:53 PM
 #10

look at coinmarketcap now, red everywhere. Take care guys.
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June 29, 2017, 11:05:37 PM
 #11

I am not optimistic. Last week ETH touched the support 200 USD. I think it will crash for the second time, it's matter of time and whether it will drop under 200 USD or not. And most of the coins will drop accordingly. Take care. What do you think?
There is a little correction right now and you said that about the big crash will be coming as fast as possible but I'm not sure the ethereum goes below $220 again in the future. Caused by the more people just realized that the fake news just blowing their mind to get fucked by a liar. They will not let the fucking liar to take the big profit again in the future. This just a little crash and don't worry about that.

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brushgee (OP)
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June 29, 2017, 11:27:05 PM
Last edit: June 30, 2017, 02:44:09 AM by brushgee
 #12

I am not optimistic. Last week ETH touched the support 200 USD. I think it will crash for the second time, it's matter of time and whether it will drop under 200 USD or not. And most of the coins will drop accordingly. Take care. What do you think?
There is a little correction right now and you said that about the big crash will be coming as fast as possible but I'm not sure the ethereum goes below $220 again in the future. Caused by the more people just realized that the fake news just blowing their mind to get fucked by a liar. They will not let the fucking liar to take the big profit again in the future. This just a little crash and don't worry about that.
Fake news is not problem of ETH, the problems of ETH are:
- Scaling issue.
- Depending on Vitalik's health status. (this is common for most of the coins but ETH is a big name and it's problem will affect the whole market)
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June 30, 2017, 04:08:26 AM
 #13

ETH and most other cryptos are still not done correcting. One more down wave to retest last lows should
finish the correction.
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June 30, 2017, 06:51:34 AM
 #14

I would add one more economic reason to consider. After a surge of demand in Asia, it's a wave of rush in mining Ethereum. Growing supply may overtake demand.
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June 30, 2017, 02:01:12 PM
 #15

The situation of ETH does seem so good now. I am afraid dumps are coming.

brushgee (OP)
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June 30, 2017, 11:27:48 PM
 #16

The situation of ETH does seem so good now. I am afraid dumps are coming.
yes, downtrend confirmed. What will be the bottom?
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July 01, 2017, 10:35:39 AM
 #17

The situation of ETH does seem so good now. I am afraid dumps are coming.
yes, downtrend confirmed. What will be the bottom?

I'm not sure what will be direction of ETH. It has tried to go up after correction to 200 USD. Now it is flying between 270-290.
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July 01, 2017, 11:54:58 AM
 #18

I have yet to understand what is mean between 'corrections' and 'downtrend'?

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July 01, 2017, 01:10:58 PM
 #19

there is still the issue of ICOs and the vast amount of funds they have. that is a huge amount that was bought slowly and little by little by a lot of users in order to invest in these ICOs.
now it is in the form of a big fund in the pocket of one person (each ICO developer) and they will want money very soon. as soon as their funds are out of the lock down period they will start dumping.

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July 01, 2017, 01:44:20 PM
 #20

there is still the issue of ICOs and the vast amount of funds they have. that is a huge amount that was bought slowly and little by little by a lot of users in order to invest in these ICOs.
now it is in the form of a big fund in the pocket of one person (each ICO developer) and they will want money very soon. as soon as their funds are out of the lock down period they will start dumping.

I concur. Probably if there was a price increase lately in Ethereum this was because of the funds locked in hands of a few and thus kept out of the market. However this is not a all the sole factor, so price crash, if there is any, will not be too violent.
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