Why Ethereum Is Not a Bubble

[xuan87]

There are some misconception that I heard almost Everytime when I invite someone to used Bitcoin, they though Bitcoin is a Ponzi scheme, they thought that by inviting new users we will got percentage from referral, they don't know that by inviting them we increased the demands rate and that is the one that caused the price to go up and I don't really care what people called Bitcoin, eth or other coins as long as it is a good investment, it can give me profit and I don't harm other people, I will keep on using it

[BitPACK]

Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.

[pawanjain]

Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.

I believe what you said is quite true. The price of Ethereum is indeed low. It has the potential to be at $1000 but is undervalued and I gues the major reason for it to not increase in price is the fact that major industries use Ethereum as a technology and not as a currency. If the top industries used it as a currency then ETH would be crossing $1000 easily and create a new peak in the market but being used as a technology keeps it at a low cost. I guess when more people adopt it as a currency it will be at a higher price and till then it will be swaying at this price.

[mrjoy15]

Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.

I believe what you said is quite true. The price of Ethereum is indeed low. It has the potential to be at $1000 but is undervalued and I gues the major reason for it to not increase in price is the fact that major industries use Ethereum as a technology and not as a currency. If the top industries used it as a currency then ETH would be crossing $1000 easily and create a new peak in the market but being used as a technology keeps it at a low cost. I guess when more people adopt it as a currency it will be at a higher price and till then it will be swaying at this price.

I think same. Still buying more whenever i can. Hardly believe that, High figure in a few years or may be next year. Here, ETH keeps going down vs BTC anyway. This, just draw a resistance, good for future.

[vasrasus]

I think all of crypto is in a bubble. You can't rise in price exponentially and expect there to never be a big crash at some point. We have seen it happen again and again and there is no reason to think otherwise this time.

All crypto are now price corrected and there is no coin in bubble ATM. Most especially the ETH, even though ETH is on hard fork, it's price still stable and never deep below 250$ mark again and it is a proof that ETH is not on bubble.

[Cryptonodes]

Cryptos are not a bubble, cryptos are the currencies of the internet.

Some altcoins are overevaluated, but the global market cap is undervalued in my opinion.

[katiecbell]

I think all of crypto is in a bubble. You can't rise in price exponentially and expect there to never be a big crash at some point. We have seen it happen again and again and there is no reason to think otherwise this time.

All crypto are now price corrected and there is no coin in bubble ATM. Most especially the ETH, even though ETH is on hard fork, it's price still stable and never deep below 250$ mark again and it is a proof that ETH is not on bubble.

Ethereum is a good crypto coin and the only altcoin that has potential to give good profits. Ethereum total amount is 95 million and with this much great supply we cannot expect tremendous progress in short time even if the users increase greatly.

That is it is not a bubble like bitcoins. Bitcoin is the best digital currency due to its limited supply.

[Sate Jamu]

Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.

[Quickfant]

Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.

that is right. ETH has very large user base.

[SaiyanSS3]

Ethereum is bubble that burst to 0, and within few minutes,
it is such a shame.

[jjacob]

Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.ETETH ecosystem is that it's actually suppressed the
price somewhat

Those reasons are true, but  ETH is still correlated to the overall crypto space. If Bitcoin and all other alts crash, they will take ETH down with them. ETH might not be in a bubble, but that doesn't mean the price won't go down.

[shoreno]

Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.

https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5

I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.

In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362

Super keen to hear your thoughs on the matter!

Cheers
/tOKENCITY

i think that ive heard these simillar critics before about etherium and bitcoin saying that these two are just a buble or tulips and even ponzi schyme. i guess these iliterate people are just butt hurt and wanted to be popular saying unreal facts about these two giants but what ever they do people wont still believe them on what are they trying to proclaim.

[keziakusayang]

My reason why ethereum is not a bubble are :
1. Ethereum is a pioneer of smart contract and its smart contract use turing completed which you can full modified the smart contract and it is really usefull for blockchain industry and the world will use it.
2. The korean hyper buying is fo4 long term holding not short term flipping.
3. The ethereum it self in my valuable it is worth 1/5 bitcoin. So it is still under valued now.

[XFlowZion]

It isn't a bubble  because it is a solid project. Those are probably trolls that want it's price to dump.

[RenaiSHITechnology]

It is very hard for ETH to go bubble.
There are so many apps and fee needed.

ETH may be next backbone after BTC.

[ruchi85]

Ethereum is a technology. It has the potential to be much more than a financial instrument. As for the fluctuation of price, it will pick up once there's mass scale adoption by financial institutions. I believe it's a backed crypto, its backed by technology, that gives it true value. Unlike BTC it might not soar like a kite, but it will pick up gently.   

[Febo]

Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.

https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5

I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.

In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362

Super keen to hear your thoughs on the matter!

Cheers
/tOKENCITY

Ethereum was in a bubble in June.- It was obvious. Hype of ICOs was huge. At this point not all ICOs are successful as were half year ago. Only most scammy ones that plan marketing well are fully founded.
Price fall almost 4 times in Bitcoin from that moment.  Also to all ICOs that were made on Ethereum in past.

[The Young Turk]

I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.

[LiviuTM]

Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.

[cindygirl]

I do not believe eth is in a bubble, it is required by so many projects and thus its value is value driven instead of speculatively driven. The price has remained strong this last month when bitcoin has skyrocketed, that's because it has real value.