Can ETH make everyone poor? ETH price at $300 again soon? ETH bubble popping?

[JainaVsUther]

Hawaii, you're forgetting one important thing. Whilst you might be right about ETH itself not needing the high valuation it currently has, ETH is essential in order to invest in most of those "moon mission" coins/tokens you are referring to. You need to buy ETH to purchase them, or ETH to use gas to transfer them. This is what creates its demand.

[ProfWigSlipper]

Why do people pay so much for 1 ETH now? $1100? When for $1100 they can buy 11 different low market cap coins that all have chance to go x50? Who is going to pay $10000 for 1 ETH ever and why would they? Because 1 ETH goes to $100k? And then 1 Million? And then ETH owns the whole planet?

Are people completely NUTS? Its already shown in the last 6 months that high market cap coins are too huge and have lost their momentum. Now its ALWAYS the small coins that go x50 like Waltonchain, IOStoken, Metaverse, Vechain, Raiblocks.. Those can still go x50.. Those can still make you rich.... But buying overpriced, expensive ETH.. how stupid are people? They are leading us right into a gigantic crash.

I believe the only people push ETH so hard is those who got it for $10 or $1 and want idiiots to pay $1100 so the price keeps rising for them. Its a scam.

No....it is not like that.
there is many reason why ETH price is getting higher

1. because many people buying ETH for ICO. there is a lot of ICO going on nowdays and a lot of new project are using ETH network.

2. because ETH is the second alternative for buying any altcoin in cryptocurrency market and a major pair for buying any token in ETH

3. because ETH tx cost much more cheaper than BTC and much more faster.

4. because many big company project prefer to use smart contract rather than making new Coin which has it is own blockchain

etc...

I believe ETH still can rise more until the big problem come (SCALABILITY) just like bitcoin.

i already give you some of my knowledge. you can thanks to me with some merit

ETH is a giant bubble machine, when the bottom 50 of the top 100 coins all fade away, another 50 are rising to temporarily take their place. If/when a better ICO/bubble machine takes over, then ETH will potentially crash by over 90% of current prices.

when ETH is going down badly. ALL of HIS TOKEN is going suffer aswell.
your thinking is not make anysense

Try again:
If/when a better ICO/bubble machine takes over, then ETH will potentially crash by over 90% of current prices.
Do you understand now?

[Hawaii2020]

Hawaii, you're forgetting one important thing. Whilst you might be right about ETH itself not needing the high valuation it currently has, ETH is essential in order to invest in most of those "moon mission" coins/tokens you are referring to. You need to buy ETH to purchase them, or ETH to use gas to transfer them. This is what creates its demand.

This is a good point but what I already see that there is many other platforms that can do the same as ETH. Crypto is a booming, always changing market in a (real) crash of the new economy stocks 95% of value got wiped out and its the big ones who lose the most because they simply do not hold the real business value. No patents. No proprietary products. ETH does have a good brand and the holders always praise it but if 50 great blockchain devs team up and create eth2 they can do a better product for 0,1% of eth price. Do you see my point?

As for WaltonChain in a crash, their patents would still be worth X billion, their contracts with some of the worlds biggest companies, sales orders for blockchain hardware... this would all still exist. So they would probably HOLD most of their value even if the market goes down 95%.

So if you always invest only in very cheap coins you basically cannot lose any money, for as long as you do not "buy the bubble". Currently I suggest spacechain, it will never be this cheap again, it got tim draper (skype, hotmail, badu, spacex), qtum founder and other great people. They know how to do business, how to win,this is not a team of 8 14 year olds as so often now in crypto.

[Hawaii2020]

Of course when the price of a coin grows so much so fast, there is always a certain possibility that it comes down almost as fast. Much of the short term destiny of Ethereum will depend on how Bitcoin will behave in the coming days or weeks though.

Yes why do we not have coins fully independant from bitcoin? its very odd.

[fogocut21]

If you think ETH is overpriced then all other alts are also overpriced. ETH is by far the most important alt since all ICO's are built on it. Don't really sure why you think it's overpriced, price went up like all other coins in last years run.

[Spaffin]

In addition to ethereum and bitcoin, there are still many crypto-currencies with great value. No one for some reason does not say that they are bubbles. Ethereum has not yet shown itself as a financial bubble. Its price was pretty stable. Recently, however, it has risen quite well in value, but this was accompanied by a general increase in the cost of altcoyins. Compared with the functions that now executes ethereum, we can say that while it is even underestimated.

[Hawaii2020]

If you think ETH is overpriced then all other alts are also overpriced. ETH is by far the most important alt since all ICO's are built on it. Don't really sure why you think it's overpriced, price went up like all other coins in last years run.

this makes no sense.

eth is at $100 billion.
how can an altcoin for $100m, $500m be overpriced like eth?
maybe they will be the next eth and you make x1000 like metaverse by neo founder is pretty good.
investing now in eth? even if there is no crash you will only lose against the market because every potential, every usage is already in the eth price thats why its so overpriced. but at some point the late eth investors notice they are only losing money against the market. 

[GrandBcn]

I do not understand why you are so disappointed in Ethereum. Even now, when the whole market is in a big fall, the Ethereum cost has not fallen for a very long time. Then fell, but not much. Now Vitalik makes all sorts of improvements. I think it will lead to good growth. I think your conclusions are hasty. This is one of the best coins actually.

[Hawaii2020]

I do not understand why you are so disappointed in Ethereum. Even now, when the whole market is in a big fall, the Ethereum cost has not fallen for a very long time. Then fell, but not much. Now Vitalik makes all sorts of improvements. I think it will lead to good growth. I think your conclusions are hasty. This is one of the best coins actually.

its the worst coin. you have a good thinking there, but the market *IS* falling because of overpriced eth. people are selling all of their eth thats why the market is falling scamming all the new investors who buy eth..its bad for crypto...you could see this when eth got to $1400 for a short time last week, all the people who got 10000s of eth for CHEAP sold them. its a bubble where the late investors will only lose. yes there is some good things about eth, there is many coming updates. but thats all already in the high price. i got into crypto because i wanted to support YOUNG projects. i wanted to support REVOLUTIONS. i wanted to invest in projects where you are NOT SURE if they will ever succeed. like bitcoin in the early days. like eth in the early days. now? now eth is fat & lazy and will never get a x50 so why invest in there? eth has had their chance. all they brought up was shady ICOs and make their early investors rich who got it for 15 cent or $10. buying eth now at $1100 or recently at $1400? .. i have been following eth since 6 months in this time i x50 my money thru cheap coins..... you eth investors? you not even made x2...... do you see a pattern here? eth is DONE. bring it in the backyard and shoot it. vitalik only keeps it alive because he got billions in it.

so if you wanted huge gains you needed something as neo, waltonchain or raiblocks. maybe even verge, tron and so on (tho verge and tron are probably not good for long term, but people who got them CHEAP got rich in last months). thats what made people rich now. and in the future what will make people rich is the coins that are cheap now like maybe metaverse, probably spacechain and so on...

thats also the only way that crypto will not die. keep bringing up NEW innovations not BUY THE BUBBLE

[webmone]

Why do people pay so much for 1 ETH now? $1100? When for $1100 they can buy 11 different low market cap coins that all have chance to go x50? Who is going to pay $10000 for 1 ETH ever and why would they? Because 1 ETH goes to $100k? And then 1 Million? And then ETH owns the whole planet?

Are people completely NUTS? Its already shown in the last 6 months that high market cap coins are too huge and have lost their momentum. Now its ALWAYS the small coins that go x50 like Waltonchain, IOStoken, Metaverse, Vechain, Raiblocks.. Those can still go x50.. Those can still make you rich.... But buying overpriced, expensive ETH.. how stupid are people? They are leading us right into a gigantic crash.

I believe the only people push ETH so hard is those who got it for $10 or $1 and want idiiots to pay $1100 so the price keeps rising for them. Its a scam.

I do not believe that the Ethereum will slide down to a very low price level. It's just hard to believe. Now is a difficult time for all cryptocurrencies. This happened before. Soon everything will be fine I am sure.

[Barcode_]

If ethereum price are going to drop to $300 USD again, I believe I will be buying them in bulks on the crypto-currencies exchange, but I don't think that is likely to happen because of the support buy in from traders, once the price of ethereum drops to a certain level, this support buy in will appear.

[Hawaii2020]

If ethereum price are going to drop to $300 USD again, I believe I will be buying them in bulks on the crypto-currencies exchange, but I don't think that is likely to happen because of the support buy in from traders, once the price of ethereum drops to a certain level, this support buy in will appear.

but why would you or anyone else buy lots of eth at $300?

first of all there has been 95% crashes in emerging markets as crypto. and its always the biggest ones that lose the most. none of the cryptos is as strong as mcdonalds or apple yet, cryptos are just HYPE for the biggest part still.

second, whats the UPSIDE of buying eth for $300? that it goes to $1000 again and maybe makes x3 or x4 for you in the best case scenario? dont you realize yourself how naive this is? you are willing to risk your capital on that in crypto - in an always changing market? when other coins as raiblocks, neo, wtc just went x50 and more? when the next x100, x200 is already out there most likely? if you put $10k in eth or $10k in 10 different, promising smaller projects, you are basically guaranteed to make way more. not just a little more but WAY more, by factor. probably if you randomly pick 10 and invest 1 each you make more than from putting $10k in eth.

[MaksDM]

I do not think that ETHERIUM is a soap bubble, there are so many ICOs on its protocol and I doubt that all these companies without having studied everything thoroughly got into it, I think ETH is one of the most reliable crypto currencies

[lekam0213]

Not all small coins could make x50 profit. Ethereum is a sure profit for those who do not want to lost because there platform are already stable not like so many small/new coins that you have to risk your money if the coins you brought can give you big profit.

[atliens99]

This post is so stupid.  Thats like saying anyone that buys apple stock or amazon stock is a sucker if they didn't buy it 10 years ago.  People like SAFE investments that are PROVEN track record.

[makishart]

Why do people pay so much for 1 ETH now? $1100? When for $1100 they can buy 11 different low market cap coins that all have chance to go x50? Who is going to pay $10000 for 1 ETH ever and why would they? Because 1 ETH goes to $100k? And then 1 Million? And then ETH owns the whole planet?

Are people completely NUTS? Its already shown in the last 6 months that high market cap coins are too huge and have lost their momentum. Now its ALWAYS the small coins that go x50 like Waltonchain, IOStoken, Metaverse, Vechain, Raiblocks.. Those can still go x50.. Those can still make you rich.... But buying overpriced, expensive ETH.. how stupid are people? They are leading us right into a gigantic crash.

I believe the only people push ETH so hard is those who got it for $10 or $1 and want idiiots to pay $1100 so the price keeps rising for them. Its a scam.

No....it is not like that.
there is many reason why ETH price is getting higher

1. because many people buying ETH for ICO. there is a lot of ICO going on nowdays and a lot of new project are using ETH network.

2. because ETH is the second alternative for buying any altcoin in cryptocurrency market and a major pair for buying any token in ETH

3. because ETH tx cost much more cheaper than BTC and much more faster.

4. because many big company project prefer to use smart contract rather than making new Coin which has it is own blockchain

etc...

I believe ETH still can rise more until the big problem come (SCALABILITY) just like bitcoin.

i already give you some of my knowledge. you can thanks to me with some merit

ETH is a giant bubble machine, when the bottom 50 of the top 100 coins all fade away, another 50 are rising to temporarily take their place. If/when a better ICO/bubble machine takes over, then ETH will potentially crash by over 90% of current prices.

when ETH is going down badly. ALL of HIS TOKEN is going suffer aswell.
your thinking is not make anysense

Try again:
If/when a better ICO/bubble machine takes over, then ETH will potentially crash by over 90% of current prices.
Do you understand now?

Do you think if the ethereum price already generated through the massive demand of ico? But i'm not sure about that. I'm waiting for what will be happening if a lot of ico will try to liquidity ethereum into the USD value.
People are rushing to buy ethereum to join in ico but remember there are some people use ethereum as an alternative to the bitcoin.

[Hawaii2020]

This post is so stupid.  Thats like saying anyone that buys apple stock or amazon stock is a sucker if they didn't buy it 10 years ago.  People like SAFE investments that are PROVEN track record.

except for that ETH is not apple. ETH is more like myspace/inktomi who disappeared and got replaced by better technology

[Hawaii2020]

Not all small coins could make x50 profit. Ethereum is a sure profit for those who do not want to lost because there platform are already stable not like so many small/new coins that you have to risk your money if the coins you brought can give you big profit.

eth is not sure profit because its the biggest bubble in crypto. bitcoin at least was the first and got many wallets lost while eth got 100.000s of people in who paid $0.01 for 1 eth and will sell for millions of $$$s.

so put some effort into finding good smaller coins like when neo was still cheap. they are out there now and will get YOU rich. i dont know why people buy eth now - just to make those rich who bought eth cheap. Why so many people in crypto dont think?

this also HALTS innovation and progress for crypto. the ETH market cap can pay for 1000s of better dev teams.

[evermotz]

This post is so stupid.  Thats like saying anyone that buys apple stock or amazon stock is a sucker if they didn't buy it 10 years ago.  People like SAFE investments that are PROVEN track record.

I hope this is just a correction period. I hope things will get back as usual soon.

I believe in the benefit ETH bring to the society. ETH is a solid technology that will last for a lont time in crypto world. I think everything will get better if we keep our patience in this correction period.

[Golempl]

I got simple answer for it. Peoples buy and mine ETH it because others do as it was first. This is human behavior being social. Because theres hundreds other coins and shi* they must do something special to atract casuals who are not in crypto and they are not enough special to make it atm.