ETH will go back to $1 this year here is why..

[Cnut237]

The basis of the argument for this thread seems to be: some companies are overpriced, therefore ETH is worthless.

I really can't see the link at all. ETH is a very strong platform with huge and ever-increasing adoption. I think ETH will do very well.

[TheAndy500]

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.

Lol, man, some - but probably not ETH - this  coin is vital to the future of blockchain and cyber-world as a whole... Dot-com bubble is another story, don't compare those, please.

Comparing the current situation with the dotcom bubble is pointless. It's a completely different technology. Eth is a great and promising project. It is not overvalued, it has a good team and earns money.

[alexv10av]

then that many coins are overrated, I agree. And many of them will disappear in 6-9 months. But the ETH does not belong to these coins. I believe on the contrary, that ETH was underestimated and it will still grow in price

[DeepChipolino]

I also think that at the moment all the crypts is overrated. But this is investor's vision of the future. Some projects will realize and bring profit. Ether refers to such projects. And $1 per ETH is already unavailable.

[okan]

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.

totally shit.
how can you compare cryptocoins with internet sites. they are totally different things bro

[sandos]

anything can happen in this market and to dump ETH to 1$, we need a big bad information in the market such as the Internet is destroyed. lolzzz

[bhoybitcoin]

Good guessing man... But its impossible for Eth to go as flat $1. You can't compare it to your lowly coins and that's the truth. What you posted here is full of non-sense.

[smiletyson]

no it won't happen and your reason is not relevant here.
even though ethereum is not a reliable coin it won't go back to 1 dollar or even 100 dollars.

[smith136]

no it won't happen and your reason is not relevant here.
even though ethereum is not a reliable coin it won't go back to 1 dollar or even 100 dollars.

how come it's not reliable, it is the 2nd most paired from exchanges aside from bitcoin plus the fact that most of the tokens are riding the ethereum network so i don't see any reason for it not being a reliable coin.
well, $1 will simply not gonna happen

[trollercoaster]

This is one of the most elaborate FUD I ever saw. You seriously took time to write copy/paste all this to what reason? You certainly aren't a coin holder, not an investor. Looking at your rank, you're not a bounty hunter either. So... Please do tell me, what do you gain from this post? Is your time this worthless? Worthless enough to spread FUD in here?

Do yourself a favor mate. Get the bleep out of here and save yourself from this crashing(!) market. Thank you for the heads up but we're happy where we are.

[Ahiaba]

The evidence you provide above doesn't have a strong justification for Ethereum market value to crash down to $1 this year despite the fact that every thing can happen in the crypto currency but don't believe this your conclusion will come to reality this year.

[tuiputui]

DotCom Bubble peak = 3 trillion $ peak;     Place  = 1 country.USA
Crypto                      =  813 billion $ peak; Plase  = The World

+

The dot com bubble was not a money loose at all, Check stocks value from Amazon, ebay, etc..

+

The nature of most crypto projects is decentralized, they are coded and manteined mostly by communities...other mantained by teams where funded by ICO or premines.. what means the team already have the funds to move on with the project. Is not something you shut down cause the price drops, most starts-ups including Tesla, Uber, etc are totally profit-less today and stock dependent... Monero, Bitcoin, Ethereum, etc.. they don´t depend on any profitability...

[futuret]

I also think that at the moment all the crypts is overrated. But this is investor's vision of the future. Some projects will realize and bring profit. Ether refers to such projects. And $1 per ETH is already unavailable.

I also believe than most of the crypto coins do not have the potential to survive for long and some are also scams as per the comments of few people in google articles.  But if we consider Ethereum, then it would be unfair to count it in among those weaklings that cannot live for long. Ethereum has remained the king of altcoins from the start and still it has a larger community than any other crypto currency after bitcoin. It will sure show progress in coming days.

[Uhde]

it is trolling. if ethereum goes back to 1 usd, this means that something is wrong with blockchain technology so in this case not only ethereum but all of the cryptocurrencies goes below 1 usd. Otherwise it is really really impossible for ethereum to go back around these prices.

[icalical]

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.

Are you kidding or just blindly stupid?
ETH has working product, which is Etherum platform, and it facilitates so many ICO, with many more working product.
I know that some of the ICO are a crap, but that doesn't mean all ICO are scam, if business still interested in doing ICO, then ETH price will keep raising. And now ETH is forming correction, which is good,

[maxiipus]

i think Ethereum will not go down that deep, why?? because this is crypto currency where the coin price is really based on the market, so if no one in the market willing to sell their coin cheap, the coin price will never go down. crypto currency is so much difference with stock exchange market because in crypto it is all depend on the supply and demand of a coin while stock there is a company and it's profile that will decide their worth in the market.

[jondel]

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.

Please send PM for me when this is happening (ETH = $1). I am ready to buy them.

[lovenlifelarge]

I dont know if I will be happy or what, If you are telling that ETH will go back to 1$, then sell it now before its too late. If anyone would like to sell their ETH, Please send me DM. Thanks

[mummybtc]

The crash can't be all that sudden, if you say Ethereum will go back to $1 what will you say of all projects listed on the platform, what will happen to them. I can tell you if the price fell that low most of the tokens on it will go to zero. Ethereum is one of the few project in the space doing right things

[Nikobitkoint54097]

I very much doubt that ETH will fall to the value of $ 1 this year! Yes,the crypto currency market is now going through hard times,but ETH is a very promising coin,and do not worry about its drawdown to such a low level!