Why the Ether will drop to $ 60

[okan]

i dont think ethereum can come down 100 dollars. cost of mining is 300 dollar now. i dont know who is selling these coins for this price.
i hope it will rise 300+ in a short time.

[gambit1]

i dont think ethereum can come down 100 dollars. cost of mining is 300 dollar now. i dont know who is selling these coins for this price.
i hope it will rise 300+ in a short time.

Well at tradingview enough ideas on this topic. There are such goals as the price of 70 dollars for Ethereum. Until the next growth will as in Halloween occur the unspeakable things. If the institutions really are to come, they do it will be at competitive prices.

[Fromse]

I don't understand why you are so pesimistic. Ether will never go to that price, will be 600$ when most altcoins will grow

Pessimistic because the market is down but I believe that the fall in ETH might not be for long and recovery is expected in the near future. So pessimism would just ruin the health.

[Musia]

While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.

Yes, but many then get tokens they sell and invest again in anything, correctly in stable alts, and the ether is one of these and the circuit closes. But your forecast is not supported, you just think that it should reach this level and I will believe you only in case of breaking through the barrier of $ 100.

[royaleFlag]

Truthfuly speaking, I am not sure that some day we will see Ethereum at price of $60. There is too much attention at this altcoin

Same is what I believe about the future of this coin. Regardless of the demand in the market, I focus and evaluate the technology, project and the pace with which it proceeded after being launched in 2015.

[Cryptodiscuss]

I would give my right hand a month ago in a bet that eth at 60$ is impossible! Now Im pretty sure that it will hit that mark! This is devastating with prices of all coins, I wonder is it finally over?

[Lighthouze]

BTC is surprisingly less than $5100 at the moment, the market is very bloody. At this rate, no one knows how low we would go and your favorite coins might just hit rock bottom, and ETH might just drop to two digits

[hulla]

I would give my right hand a month ago in a bet that eth at 60$ is impossible! Now Im pretty sure that it will hit that mark! This is devastating with prices of all coins, I wonder is it finally over?

Is not finally over buddy and I dont want you to be scared because the recent down trends in the market because it something which I have presumed and said it on this forum. However, ETH is yet to reach the bottom price but it will definitely not dump to the price range mentioned but the OP.

[Cryppy_guyL]

While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.

Slowly roll down, one ripple as an exception in the market still holds a green figure. While I think we get to $ 100, and then again we will stop for a while.

[jonaire99]

The price decline of ethereum might continue but dropping to $60 might be possible if investors will no longer interested in investing their money on the cryptocurrency. But they are still many believers on ethereum and its developers are active in improving the coin so I think it may go up again next year or after its bottom price is reached.

[janggernaut]

i dont think ethereum can come down 100 dollars. cost of mining is 300 dollar now. i dont know who is selling these coins for this price.
i hope it will rise 300+ in a short time.

Well 5 days later since your post, ETH price keep going down (yea, it affected bitcoin price which worth less than $4700 now!). Now ETH price only $139 which near come to 2 digits.

[adaseb]

i dont think ethereum can come down 100 dollars. cost of mining is 300 dollar now. i dont know who is selling these coins for this price.
i hope it will rise 300+ in a short time.

Well 5 days later since your post, ETH price keep going down (yea, it affected bitcoin price which worth less than $4700 now!). Now ETH price only $139 which near come to 2 digits.

The reason why it keeps dropping is due to the Maker DAI market and all those liquidations. Basically people know there will be crazy liquidations and people are scared to buy now. And I am pretty sure the people who bought at $200 earlier are also selling because it looks like it might break $100 any-day now.

The miners aren't helping either with their massive mining revenue sales which drives down prices even further. But miners have no choice because they need to pay for electricity and want to ROI on their GPUs.

[onebtcforlife]

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How funny you are because it is impossible to make 200k$ through bounties which are very difficult to earn such a good amount. For that, we need to work for more than 5 years in order to earn such a huge amount in the market.

[rltim555]

A few months ago I couldn't believe in it and now it is real for me.
120 $ for ethereum is current price and there is a road to 60$, OP was right

[onrise]

BTC is surprisingly less than $5100 at the moment, the market is very bloody. At this rate, no one knows how low we would go and your favorite coins might just hit rock bottom, and ETH might just drop to two digits

Market has hit 4500$ and ETh at the moment is at 135$. Also does not seems it can drop so much that it will reach to below 100$. Well it is the time for us to come together and start buying at low prices so that it will increase the demand and push the market up and might be some respite we will only have it as it can enter the 150$ region easily.

[petermike]

I'm afraid there will be more surprises when ETH continues to fall to the price of $ 20.We continue to watch and have the active waiting for the $ 60 or $ 20 price i will buy ETH hold and do not wait.

[foculur]

While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.

Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.

Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell ​​for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.

That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.

Ethereum can see 60 dollar just in one condition; bitcoin must be 3k dollar otherwise ethereum can't be 60 dollar according to me. Peoples are forget that ethereum has Vitalik and hardworking team, they will achieve great successes and when market return to normal we will see real ethereum again.

[AnusXpander]

Ethereum can see 60 dollar just in one condition; bitcoin must be 3k dollar otherwise ethereum can't be 60 dollar according to me. Peoples are forget that ethereum has Vitalik and hardworking team, they will achieve great successes and when market return to normal we will see real ethereum again.

This ETH dev team is well overpriced, they made a lot of promises and never get it done...

[passwordnow]

This ETH dev team is well overpriced, they made a lot of promises and never get it done...

Yeah they might be overpriced but they are working on casper / Ethereum 2.0.

Once its already launched and kicking, you'll see significant growth. Well I'm also crossing my fingers now that they will get it done.

[Robotbitcoin22]

This in my opinion is very possible. ethereum drops to that price. and indeed the potential is up or down. nothing in cryptocurrency is impossible. increases and decreases can occur