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Author Topic: ETH will go back to $1 this year here is why..  (Read 17364 times)
Hawaii2020 (OP)
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January 29, 2018, 01:53:49 AM
 #1

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.
CryptoPro3
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January 29, 2018, 02:09:55 AM
 #2

Go home

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choychifung
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January 29, 2018, 02:32:47 AM
 #3

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.


You can't wake up someone who's pretending sleeping.

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Hawaii2020 (OP)
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January 29, 2018, 02:36:46 AM
 #4

Go home

investors who ignore unpleasant truths are first to lose everything. i rather win even in a crash
Question123
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January 29, 2018, 02:46:24 AM
 #5

Ethereum price is $1000 and  I don't think the price will decrease at $1. Because for me the price of the ethereum will increase at $5000 in the end of the year 2018. So better to buy ethereum now and for sure you will make a lot of profit once the ethereum increase high.  
So don't said again the price of this coin back at $1 because it is unrealistic yes they have possible but not this year.
TimtheYoutuber
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January 29, 2018, 02:54:10 AM
 #6

People buy ether tokens not because the "company" makes money. I dont think you understand what cryptocurrency is. Plus Ethereum's team is fairly big, and the amount of developers who are building on top of it, is a TON.

Positivebetting
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January 29, 2018, 02:55:08 AM
 #7

its somewhat shortsighted to posit that A will do B because it has happened in some other somewhat similar events. in fact it is ill conceived.
virasisog
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January 29, 2018, 03:14:25 AM
 #8

I want to believe in the OP but to decrease the current price in $1 it is just a wish and a punch to the moon to happen. Ethereum may go dip around $900-$1000 this days and the end of the year to be a triple price as of now as my prediction.
ibininja
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January 29, 2018, 04:17:02 AM
 #9

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.


I agree with you in that some coins have absolutely no value while I disagree in what the title says completely. Eth on its own is an asset, several other products are built on top of it and the smart contract is actually very valuable the whole thing is progressing and advancing quite fast and we will surely see great applications coming to life. Again true some coins are useless but many others are valuable Neo and Eth is one example...

Ria Sakurai
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January 29, 2018, 05:06:35 AM
Merited by kiemnhieutien (2)
 #10

opposite with your idea, i think that ETH will become the biggest coin, by pass BTC, maybe not in this year, but i think it will be soon. Because that most of ICO now base on ERC-20 Ethereum network, it increases need of ETH which make ETH price go up smoothly. Also, this is just my idea, and we can't guess how market will become. Lets time answer
suvo05
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January 29, 2018, 05:29:20 AM
 #11

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.


How can you come to the conclusion from the above statement that ETH will come down exactly to $1 ?? You guys have spread enough rumours and created enough panic among the bitcoin investors and holders . Now you guys are targeting ETH?? But I don't think ETH is that much rumour sensitive compared to BTC.  Eth will keep going up.

yo_mama
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January 29, 2018, 05:40:08 AM
 #12

Maybe not $1, that's an over exaggeration.
But if those shitcoins built on ERC20 really crash, ETH price will drop significantly, maybe some 80%.
If those shitcoins survive another year without bubble burst, and this wave of ICO mania keeps hyping, ETH price can easily gain at least 5x-10x by the end of this year, maybe surpassing the price of BTC.
Kimpoiluiseta
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January 29, 2018, 05:58:09 AM
 #13

ETH price is never back to 1 dollar
only big accident can eth price down to 1 dollar but i think ETH can die if ETH price down to 1 dollar

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SportyCornet777
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January 29, 2018, 06:27:41 AM
 #14

I highly doubt that ETH will EVER go back to $1, but most certainly not this year. Even if the price decreases some, $1 is more than a stretch.
Pierre 2
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January 29, 2018, 06:37:17 AM
 #15

This will never happen and its just fud. Arguments may seem valid but there is huge difference, this is crypto world and its pretty much new industry standard. You cannot compare eggs and apples.
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January 29, 2018, 07:35:20 AM
 #16

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.


Shit like this is why Hawaii banned Crypto. Don't post when you're high.
justin86
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January 29, 2018, 07:52:24 AM
 #17

then the chance of 1000x gain again? If ethereum will really go back to $1, that would be a big gain not loss for most people because you can buy 1000 ethereum for $1000. But no one can predict it.

Tiennou74
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January 29, 2018, 08:00:20 AM
 #18

It will not possible NoW ! Grin Eth Will be fly to 2000$ soon so keep Hodl and Hold to gain some good profit ahead

Happy trading
Thanks
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HitTheLow
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January 29, 2018, 08:11:12 AM
 #19

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.



do your studies before posting here

BTC: 16ZegvHooaNNUV7pZPCNoj5QSY5i8Gs6zD
vv181
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January 29, 2018, 08:27:46 AM
 #20

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.


That is a nonsense, you think Ethereum is a shitcoin?. Ethereum offers good technologies with a clear roadmap. We can judge how successful Ethereum is by judging how the Ethereum smart contract widely used by many altcoins. I believe small teams don't matter because Ethereum is an open source project. Remember how small was the BItcoin developers team was when it still no popular, it was countable. And I'm sure the project team doesn't need an earning. They already rewarded because they are the early investors and have a faith in the project.
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