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Author Topic: Another trap for ETH?  (Read 1401 times)
adaseb
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February 19, 2019, 08:21:25 AM
 #21

I understand why he is sceptical and its mostly due to the way the Bitmex alt futures usually trade around news and forks.

The last time ETH was delayed it caused a big decline and even if the fork was a success it still might of dropped.

Same thing that happened with BCH fork shortly after.

Then there are other coins out there which are also getting pumped easily and in the end, the result is usually the same, a huge crash.

We need to keep waiting and see if the price of ETH stays high AFTER the fork, but if it starts to crash right before it or during then its basically a trap like we assumed.

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jossiel
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February 19, 2019, 12:49:04 PM
 #22

Fork is coming so hype is on and people are buying the rumors and selling the news. We can't be sure if this is a trap or not but just put yourself on the safe side and you are very much prepare with whatever it comes with.

IMHO this is one of the last traps before we again will see 300-400 for eth.
I'm also optimistic and hoping that these are the last days that we will see of the bearish trend. Already a year has passed and the market starts to look shiny again, people will come back again and ETH isn't the very coin to pump.

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February 19, 2019, 01:19:55 PM
 #23

i guess is still manipulation by whale, but if not,im glad to see this. but im wondering what news make all coin rise.
because im searching and not got anything accurate, is this about sec approved ETF? well i dont think so, even without SEC approval crypto still have their own market.
Because Crypto become a place investment, and also has become a payment method.
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February 19, 2019, 01:36:30 PM
 #24

It seems to me that we're getting a small pump before staying at $200 for a long period of time, that is, until the fork happens. Something tells me that this is not another pump&dump, though anything could happen in this extremely volatile cryptomarket.

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HatakeKakashi
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February 19, 2019, 03:01:22 PM
 #25

Im excited for the ethereum to increase the value. Trap is always happen and It's normal for me sometimes the price increasw and suddenly it will decrease again. We cannot know when trap happen it's your think what you think if it's trap or not.

Everyone want to see the value of the ethereum to continue because that is the only way to us again to make or gain more profit.

 
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Oceat
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February 19, 2019, 03:17:36 PM
 #26

There’s a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so don’t be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So what’s your thoughts about the recent pump?
I would say yes but not totally sure if this is a trap but i am more convince since this year tells me that this is a total bearish market, so it might be a trap. Grin

Anyway, it depends on what your guts tell you but for me, that is what exactly it tells me. For those who wishes to sell during this small pump, go on it's your chance or maybe you might consider hodling a little bit for at least more years if you do believe that Bitcoin and other altcoins would rise next year.

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akitha
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February 19, 2019, 03:22:27 PM
 #27

i think ethereum pump is not a trap.. its a bull for ethereum.. as we know ethereum has a great potential..why judging about the small pump its the opportunity to get some profit  Grin

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February 19, 2019, 07:32:35 PM
 #28

Still pumping so it appears to be a real run rather than a bull trap. The hardfork is definitely going ahead this time around so people are starting to stock up before the block rewards fall and the price starts to rise

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February 19, 2019, 08:42:32 PM
 #29

This strong price move is directly related to the HardFork that will happen next week, but in practice, it could be the reverse, since many are against this ETH upgrade. If the market is doing so, there may be an indirect factor, such as ETF! I think that's the motivating energy of this massive purchase. If the ETF is not mentioned or postponed or even denied again, it'll be as you yourself said! Anyway, exciting days are coming.
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February 19, 2019, 09:40:44 PM
 #30

Still pumping so it appears to be a real run rather than a bull trap. The hardfork is definitely going ahead this time around so people are starting to stock up before the block rewards fall and the price starts to rise
Let’s see this one after the hardfork, usually the price are high before the hardfork. If ETH able to stay on this, I expect to see an easy $200 and it can now go back to $300. I’m joining the hype right now, and I want to hold more ETH since I know the price will start to grow. If you have good analyzation with ETH, maximize it now.
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February 19, 2019, 10:49:38 PM
 #31

i guess is still manipulation by whale, but if not,im glad to see this. but im wondering what news make all coin rise.
because im searching and not got anything accurate, is this about sec approved ETF? well i dont think so, even without SEC approval crypto still have their own market.
Because Crypto become a place investment, and also has become a payment method.

We can't prevent big whales to manipulate the current price updates. All we can do here is to support the recent changes, and strive harder to hold our very important asset which is our holdings. If those mentioned development like sec approval, I am looking forward that this will be successful in order all our aims and goals will be reached for future financial success.

xenomorphe1
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February 19, 2019, 10:53:35 PM
 #32

It is the bull run before the fork of ETH. We will surely see a dump just before the fork as usual.
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February 19, 2019, 11:03:22 PM
 #33

There’s a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so don’t be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So what’s your thoughts about the recent pump?
Well even though some of are not believe ethereum will continue to rise maybe we need to observe as of now so we can see if ethereum will continue to pump or not. But still its great that ethereum is have pump this day and hopefully it will continue.

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Questat
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February 20, 2019, 02:37:06 AM
 #34

It is the bull run before the fork of ETH. We will surely see a dump just before the fork as usual.
If the spike is only cause by ETH hard fork then surely that would happen.
However, I think it's not the case now, although ETH started the run but BTC did rise with a good percentage and even
good altcoins like EOS, I don't heard any hype about this coin as the most popular now is Ether's upgrade of network.

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February 20, 2019, 02:38:25 AM
 #35

I agree with you. Since from February 17 till this day the volume climbs up to 1 million. Hope that it will keep up even until this week ends coz if not then theres a big possibility of huge price drop correction again.

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February 20, 2019, 05:47:05 AM
 #36

Now we see a correction. This may take a couple of days. If another wave of rise come in front of the fork, ethereum will be able to rewrite the local high of 160. This will be great, as this will be a sign of an uptrend.

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February 20, 2019, 05:50:03 AM
 #37

There’s a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so don’t be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So what’s your thoughts about the recent pump?
We need not to think but to act, we have repeatedly met such dumps, and in these moments we just need to have time to play daily trading and prepare for the update.

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February 20, 2019, 06:20:43 AM
 #38

I don't thinks that this is a trap. Price will grow more if they not postpone hardfork again. And not just ETH growing. BTC and other altcoins too. And we can see only positive market news nowdays. This is a good sign for market recovery and next bullrun. In march we expecting a lot of big things (Fidelity and rakuten launcch).
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February 20, 2019, 07:49:56 AM
 #39

There’s a great pump with ETH this week, but I think its not a strong pump that it will go dump again after having a short pump so don’t be too excited. The price of $200 will hit again by ETH but it will go through dumps also before that. So what’s your thoughts about the recent pump?
If me when you think you can take profit, i think take profit is good. But not sell all your coins because no one can actual predict when market will go. If price down we can buy again and when price up, we can sell rest of our coins.

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February 20, 2019, 11:36:34 AM
 #40

I'm glad with this uptrend which creates some good news around cryptocurrency that pushes many coins to rise even at small percent. This is a good sign that the market can bounce back after it fall. Yeah it might go dumps anytime but nobody knows when this gonna happen. It's still unpredictable and i'm hoping that this will continuously grow until we can reach $300 for ETH.
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