ETH price going crazy

[light22man]

I don't think there is some special reason just bitcoin going flat and all  alts start rise as crazy in dollar equivalent.

[removebeforeflight]

ETH is a very useful coin. This growth is normal. On exmo ETH is 586$ now

Yes, alternate to Bitcoin is ETH I would say in trading. You could wait for value to come down if you plan for buying one.

[Nowherman]

I think that part of the large BTC investors, fearing that this asset is heavily overbought, decided to diversify their investment portfolios buying Ethereum.
In addition, the growth of ETH affects the increasing number of ICO projects based on Ethereum platform. After all, they need ETHs to develop their projects and ideas.

[sasaku bitbit]

Maybe this makes me regret the decision that I did before because of the time that I'm having an urgent need to sell some of the eth with prices still declining, if I can keep that time maybe I will have more advantages because the current price value ETH craze makes a mad and suddenly rich at the end of this year.
 

[Bitcoininspace]

Maybe this makes me regret the decision that I did before because of the time that I'm having an urgent need to sell some of the eth with prices still declining, if I can keep that time maybe I will have more advantages because the current price value ETH craze makes a mad and suddenly rich at the end of this year.
 

As you've said you "have to" and that's nothing to regret. It's a life and sometimes we have to take unpopular and spoiling decisions. If you were in need and you have sold some Ethereum, than it's okay. If you did that because of whim ... it's a disaster.

[barlo357]

it's not crazy it is normal because of the trading and that is the system here in bitcoin business as usual.

[yansen]

The eth price is not really crazy. Do you remember? The highest price of eth is 0.15 +++ btc. If you look at the current price, it is still low. The price of eth is higher because the bitcoin price is very crazy. So bitcoin is the crazy because of the price

[artisarr]

It is because the rise of bitcoin, people are looking something other, because bitcoin is too expensive, so they are going for the second biggest one - Ethereum

[skurtsil]

There was a huge increase in ETH's price over the last month (especially last week) https://www.tokens24.com/coin/ethereum/
We are in a correction period now. I think it's safe to but if it goes under 650$, but DO NOT SELL in any case!

[X2PR8888]

I think the price of ethereum increased because the demand for it is also getting higher.  In the same way that bitcoin did years or even just months back.  With more people clamoring for
it, its value increases as well.  As a sought after atlcoin which has a relatively cheaper value than bitcoin but more worthy to be invested on compared with other crypto, the price foe ethereum will no doubt increase as well.  Also, because there are more campaigns now which pays using ETH, people have more access to it and has more means to use for trading which again, can help increase the value of ethereum.

[Oakey22]

I see a lot more adverts lately around ALTs than actual BTC, the profit gains on alts is just incredible. Look at ETH at the beginning of the year and it was only around $12. Now its at $600+.


This is attracting new comers to the scene and with these adverts it is making people think it is easy money. We all know it is not and the crash could be on us any day.

[real eyes realize]

Recently ETH got huge price increase. Is there any specific reason for that much of Increase ?

I think the reason of that rising may be the popularity. People's interest in cryptocurrencies has increased, and in my opinion, ethereum is the best altcoin.

if we take into account the prospects that the specialists predicted for the near future, then we need to have time to buy the etherium, before it's too late. The fact is that the prices practically can double already in the near future.

I agree, we all should buy etherium before the value goes up rapidly.  If the value of etherium goes down, then it is a great oportunity to buy one and hold it. There are ups and down in the market and it is not impossible for the etherium to have its value go down,  even with regards to its popularity and use. Bitcoin is still the powerhouse in the crypto world and etherium is the underdog. Meaning bitcoin is still the most powerful that if the value of it rises, it can affect the altcoins prices lowering them down when  btc rises. Etherium is the underdog meaning has a great chance on becoming like bitcoin. So, in summarization ETH price will be unstable as long as bitcoin can rise even more.

In my opinion, ethereum is the one with the greatest potential from all stock altcoins to reach incredible prices. Maybe not in the near future, but I think it can be a good competitor of bitcoin.

[pogpog10]

I think there is nothing special happening to ethereum at the moment. Crypto market generally went crazy and as result of these strong coins like bitcoin , ethereum or even bitcoin cash gained so much value. I'm not sure if this growth is sustainable. This will probably end soon and we will return to other side of circle and start all over again.

[tarangogu]

Ethereum may be $ 1000 at the end of the year. there is no reason to explain it only cryptocurreny's kinetics

[xsaints128]

Ethereum was too undervalued for quite some time and atlast it exploded and showed its potential, however, according to me, a reason for the increase in price of ethereum is the the fork which happened, which gave rise to ETF(Ethereum Fog).

[cryptowhiz]

It was because of the upcoming Ethereum Fork ETF

[waynechong1995]

Not crazy yet my friend, with additional 200 b injected into the market i would say much of funds are pretty much diverse into hundreds of similar projects and Eth are just a part of it, the growth is high for days but it meet resistance, yet remained sustainable and other likewise have much more growth than ETH even though they are volatile. ETH is simply the solid platform and it deserve to grow into thousands, just too much competitors and there's noting much to play with ETH-related assets and move on haha.

[hinorizk]

Recently ETH got huge price increase. Is there any specific reason for that much of Increase ?

Thanks BTC, a bit sad to see ETH can't maintain the price on their own and have to rely upon BTC.

[qiwoman2]

There is a lot of big money and investment capital flowing into the cryptocurrency space and as derivatives, cmes and futures will be coming to play in a big way, these areas of fiscal activity need large liquidity cand capitalization. So mainly the big cryptos will be swallowed up now by financial institutions and corporate entities who will start hoarding these as a store of wealth. Pension plans will also eventually incorporate crypto assets into their funds. So ETH being as large as it is after Bitcoin is no doubt going to be a winner here in the price hike. 

[deadmousehat]

yea I'm happy look ethereum price inreased up everyday but it's make transaction fee come to be expensive than before + ethereum network is not good for low GAS fee transaction. but yea I'm still like ethereum going up.