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

[Spaffin]

Regardless of when a message or topic was created, I noticed one tendency that many users of cryptocurrency very often speak negatively about ethereum and always make negative predictions about ethereum for the future.  Of course, these are all untrue words, but it is incomprehensible to me why this all happens.

[Zamoh]

Regardless of when a message or topic was created, I noticed one tendency that many users of cryptocurrency very often speak negatively about ethereum and always make negative predictions about ethereum for the future.  Of course, these are all untrue words, but it is incomprehensible to me why this all happens.

Because many people are not happy with how slow work is done and updates, many are not satisfied that the network cannot even withstand a child's game, and for all the time it was used, there was a sufficient amount of question for the network. Some (including me) are annoyed by Vitaly Buterin as a person. + Many believe that there are more worthy coins to take the place of ethereum. All this creates a negative attitude to the network and to the coin. But, anyway, everyone continues to buy tokens of this network, keep their savings in it and use this coin as a means of payment, so the ETH coin will exceed the expectations of many users.

[MrPiggles]

Can Ethereum fall that far at $ 1. I doubt this because ethereum is a good coin and has been widely used as a platform for many coins, many investors believe in ethereum, I don't think that will happen.

Everything is very difficult to predict and not everything can be accurate because the market is always highly volatile and now the market is having a big correction so it is returning to the price of $100 completely may happen later this year. ETH coins are still very potential to grow but if the market cannot raise prices then the price of $1 will soon happen in the near future and don't expect too much because it will make you more disappointed.

[cryptonx]

Ethereum has a price >$200 it's very unlikely that it will crash down to only $1. So I agree but that doesn't mean that ETH will go up, also.

what did you mean by you agree my friend ?
because this predictions is very impossible,, for sure ethereum price will spike up soon,,
now, while the market in corrections, i think this is the best time to collect more ethereum

[cepot9]

for Ethereum which will be $ 1 it is a joke but indeed in the world any cryptocurrency can occur but it will still be difficult for Ethereum to go down to $ 1. and for high-value projects but having a small team is not a problem because they have a large and compact community so they can bring the project big

[akram143]

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.

they are struggled to come back to this situation so it cannot go to the the very low value again this is my opinion but anything can be possible in Crypto field but these type of extremely not possible things will not be easily possible for any cryptocurrency.

[stfN2128]

this thread aged very well...^^

you can't compare the dotcom bubble with the crypto market, the crypto market capitalization on its all-time high was nothing compared to the dotcom bubble... just take a look at the picture.

[Greatchu]

You don't know what you are saying,how can ETH go back to 1$ when its the second coin after bitcoin?and ETH is still the king of smart contracts too,ETH is very useful,only useless coins will devalued

[xenomorphe1]

Maybe $1 or the price of a Dogecoin should be the real price as it would be certainly more stable. Now, we can see that sometimes only $1 is being sold or buy at a certain price for Bitcoin too. That's why the market is so volatile. Bots and whales are driving the crypto market. But i doubt that one day ETH is going to be sold at $1, but maybe it can return to $100.

[RockDJ]

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.

The writer of this article this put the laws of demand and supply into consideration. With the way cryptocurrency is going as becoming in the official currency of the internet which means high or maximum adoption, Ethereum can not really return to $1 again else cryptocurrency will be in official decline which I don't see coming to pass