reactorjuno (OP)
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January 07, 2019, 10:38:47 AM |
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This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
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Siren
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January 07, 2019, 02:01:54 PM |
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This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
So where are those predictions that you’ve been not nice for ethereum?sounds like the title is different from the body But hitting $2,000 in a year for ethereum is not impossible because in just a month ETH had reached almost $1,500 in january Marking a 9 days holding before the hard fork is not a good idea,instead why not just let the fork pass and wait for the proper growth ethereum may have this year
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reactorjuno (OP)
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January 07, 2019, 02:07:09 PM |
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This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
So where are those predictions that you’ve been not nice for ethereum?sounds like the title is different from the body But hitting $2,000 in a year for ethereum is not impossible because in just a month ETH had reached almost $1,500 in january Marking a 9 days holding before the hard fork is not a good idea,instead why not just let the fork pass and wait for the proper growth ethereum may have this year I meant that I have been bashing Ethereum for quite a while (since last year) but just saying for short term asset, it could be a profitable 7-days period if you buy today. I think the risk is reasonably low. Just my 2 cents anyway. Best of luck whatever you do.
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Wilhelm
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January 07, 2019, 02:10:21 PM |
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I've bought a few ETH because of what I call the "Bitcoin bubble effect". When Bitcoin goes all the way to the moon nobody can buy BTC because it is sold out in most places. Also transaction cost can go sky high and other negative effects of mass mania. A lot of newbies grab the next best thing to Bitcoin. This used to be Litecoin Dogecoin however it is now Ethereum. Ethereum will go to the moon and that's the cue to get out. With a potential to increase of 10x it has a better gain than Bitcoins 5x gain. (based on last ATH which should get hit) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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b3j0
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January 07, 2019, 03:36:05 PM |
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Hard fork ETH will be done on January 11, which means we only have about 3 days to find a decision between selling or buying. I'm sure there will definitely be a surprise at ETH prices later.
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Supercrypt
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January 08, 2019, 02:59:13 PM |
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Everyone agrees with OP that is why the price has been stable recently and went up consistently. The reason for the increase is not some bull we can not see it is because price is actually going up because of the hard fork. People want to get to staking instead of mining.
I have seen people who have mined ethereum for years and have 400+ mining rigs and so forth that is now selling all their equipment for a lot less than they originally bought them and using all of that money to buy ethereum. They believe instead of mining some other coin they wish to continue sticking with ethereum and just instead of mining will be staking instead which requires them to own a lot of ethereum. Hence, I think it is smarter for us to even buy right now because even after 16th January price doesn't seem like it will go down that easily anymore.
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bintangkejoraku
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January 08, 2019, 03:27:27 PM |
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there will only be two possibilities after hard fork occurs, namely the price of ETH rises very high or the price of ETH will drop dramatically. about 3 more days we go to Hard Fork.
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candra raditya
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January 08, 2019, 04:52:03 PM |
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Maybe we should have the courage to make a decision even though it is risky, and for me it is more optimistic after Hard Fork then ethereum will be able to grow better, and because of that I am not thinking of selling right now.
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Kemarit
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January 08, 2019, 05:45:14 PM |
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Maybe we should have the courage to make a decision even though it is risky, and for me it is more optimistic after Hard Fork then ethereum will be able to grow better, and because of that I am not thinking of selling right now.
Actually the OP has shown courage by saying that he/she won't hold and wouldn't take the risk, buying right now is the best option and then exit right after the fork because he/she believes the a big dump is coming. Not only courageous but has plans that might not be suitable for others like you, but for him/her it's a clear cut plan and I'm sure he/she is going to follow it to the tee. I guess that's the difference between noob and experience one. You need to have plan and execute it perfectly. On a hindsight, I'm thinking that this Bitcoin bullish trend or at least this spike has something to do with Ethereum fork, somehow its really pulling up the price of Bitcoin as well, so let's see how it pans out specially after the fork is completed. Sketchy as this point because we are still in the bearish sentiments, but we will see.
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TrezorMade
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January 08, 2019, 05:53:30 PM |
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Ethereum is too hyped right now, in my opinion we should see a correction near 16th of january near fork. Bitcoin should also be dumping meanwhile testing 3,300$ again.
We have also seen what happend after everybody hyped for XRP xrapid, it went from 0.28$ to 0.80$. Couple months later back sub 0.30$ LOL anyways be careful this is a volatile market.
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bitmover
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January 08, 2019, 08:50:30 PM Last edit: January 09, 2019, 11:46:47 AM by bitmover |
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On a hindsight, I'm thinking that this Bitcoin bullish trend or at least this spike has something to do with Ethereum fork, somehow its really pulling up the price of Bitcoin as well, so let's see how it pans out specially after the fork is completed. Sketchy as this point because we are still in the bearish sentiments, but we will see.
This bullish trend really may have something to do with ethereum fork. Eth/BTC pair has increased also recently. This fork is important for the ecosystem, as it will be important for proof of stake implementation, which could be good for the whole ecosystem, triggering a bull run. Many pow coins are already suffering lots of 51% attacks. POS could be a solution for those coins, and ethereum solution to use POS may be used by those projects.
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Oilacris
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January 08, 2019, 11:28:06 PM |
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This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
Always sell on the news.! This is my primary fundamental reactions when it comes to this very speculative market. Don't wait for the after events because you would surely got on the dump. Even on Bitcoin alone it do even break thousands of hopes and on most altcoins.So, its not really surprising after all.this upcoming fork on ETH would either give out pumps or dump.So, try to utilize it as long it can make profits.
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sakrosak
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January 08, 2019, 11:47:18 PM |
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Maybe we should have the courage to make a decision even though it is risky, and for me it is more optimistic after Hard Fork then ethereum will be able to grow better, and because of that I am not thinking of selling right now.
I agree with what you say, cryptocurrency is indeed full of risks. To do something bigger there must be a risk faced, I am pretty sure ETH prices will rise after hard fork.
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BitcoinHodler
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January 09, 2019, 07:21:43 AM |
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the way that fork induced pumps work is this: basically there are 3 time frames: 1. before the fork 2. close to the fork like the day of the fork 3. after the fork.
1. before the fork is starting from the time the news of it gets out and the hype builds up. initially whales start buying the coin to get ready to pump it and then slowly the pump begins. usually takes about a week.
2. right before the fork they dump the coin because they know others will surely dump right after the fork so they want to stay ahead of the curve but they don't want to dump all because there still is the free air drop coming after the fork
3. after the fork people get the free airdrop and then want to dump their coins (both of them) and they do and the coin drops hard down as people are cashing out.
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bittick
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January 09, 2019, 11:00:35 AM |
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This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
The correct till 17 january, sold them before hardfork or hold em and accumulate more ethereum. Both become the main consideration before hardfork happen. But i remind you never take shitty airdrop coins just like ETN and ETCV as a part of this hardfork.
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arpon11
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January 09, 2019, 02:30:34 PM |
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The hardfork is going to be the reason why people are going to invest in ethereum this season. I believe that if you can invest now you might make good profits in some weeks to come. Trading ethereum for other coins is not advisable now but Selling other coins for ethereum is the right thing to do now. Another reason for investing in ethereum currently is because ethereum is currently undervalued and if you buy at this low price you have reduced your risk. No one is nice at predicting the market you only need be careful and invest at the right time.
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kindbtc
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January 09, 2019, 09:10:52 PM |
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I do not think just to wait for the upgrade and sell before it will give you great profit as there are series of updates lined up for eth this year i think eth can prove to be best hodl of this year and it can yield massive profits by year end.
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sunsilk
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January 09, 2019, 11:29:31 PM |
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I'm also down with this coin but that wont stop of holding it. Weve seen the peak and we just have to be there again. $2000 prediction looks high, I'm just expecting it to go high by $500-$1000.
Somewhere around that price would be really fine to start selling. I wont sell after the fork but Im putting my faith on it that no massive sell offs will occur. The constantinople will upgrade ETH but with the two forks before it, I think people will sell those coins for ETH.
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Dragonrage201
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January 10, 2019, 12:24:09 AM |
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Constantinpole is only a feature upgrade for ETH and there won't be any new coins generated for it. ETH is not moving much ahead of this event.
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