Bitcoin Forum
July 21, 2018, 06:12:12 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [Speculation] ETH to take a hit once it breaks $400  (Read 113 times)
CryptoDanny
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
September 01, 2017, 05:37:45 PM
 #1

This is just a speculation, and I am currently holding a small amount of ETH. We saw a huge crash of ETH in July, from $400 down to $200. This was also around the time a lot of new money was getting put into Crypto. Thousands of people purchased ETH at its ATH, in fact Coinbase crashed during this time which was a huge reason that so many people switched to real exchanges.

All of this new money either sold at a loss after the crash, or is still holding now. I predict once ETH gets back to $400, or what these people purchased it at we will see a hit. I don't predict we will see a major hit  like we did in July, but it will definitely stump its growth for a few weeks. I guess we will see in the next few days, I'm hoping ETH skips right past the $400 amount, but only time will tell.

What is your prediction for ETH? A time to buy, or a time to wait for a dip?
1532153532
Hero Member
*
Offline Offline

Posts: 1532153532

View Profile Personal Message (Offline)

Ignore
1532153532
Reply with quote  #2

1532153532
Report to moderator
1532153532
Hero Member
*
Offline Offline

Posts: 1532153532

View Profile Personal Message (Offline)

Ignore
1532153532
Reply with quote  #2

1532153532
Report to moderator
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532153532
Hero Member
*
Offline Offline

Posts: 1532153532

View Profile Personal Message (Offline)

Ignore
1532153532
Reply with quote  #2

1532153532
Report to moderator
1532153532
Hero Member
*
Offline Offline

Posts: 1532153532

View Profile Personal Message (Offline)

Ignore
1532153532
Reply with quote  #2

1532153532
Report to moderator
AweJohn
Full Member
***
Offline Offline

Activity: 143
Merit: 100


GoNetwork 1st Mobile Network for Ethereum Platform


View Profile
September 01, 2017, 05:47:24 PM
 #2

Hey, you are right about the fact that new money jumped to buy ETH on the way up... but I think most of them sold at a lose ...
It should not slow down to much at the 400 Marc since it was there before, It had it's correction.
If I where to say a new correction should be at 450-480 using the guesstimate
But every coin that has a wealthy growth will correct a bit from time to time, so your guess is as good as mine... we will see in a few days !   

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!