Another trap for ETH?

[gembira]

Seems Ethereum and other altcoins will grow only after rising BTC. I have very big hopes for upcoming Fidelity launch in this month. They have 7.2 trillions money in their client assets under management while overal crypto cap just a little bit more than 100 billions. With such huge money coming in crypto we should see new bullrun

[1714475623]

1714475623

[slaman29]

I'm not the biggest ETH supporter, I do own some after deciding that I will keep some Ether despite really disliking everything about the project, and I'm down 70% (bought at $400).

I did think it was a bit surprising that after the successful hard fork, price is going down. The delay caused price to go up. So it tells me still a lot of speculators playing around. Long way to $400!

[distr@yopmail.com]

Seems Ethereum and other altcoins will grow only after rising BTC. I have very big hopes for upcoming Fidelity launch in this month. They have 7.2 trillions money in their client assets under management while overal crypto cap just a little bit more than 100 billions. With such huge money coming in crypto we should see new bullrun

wow, if that is true it can happen. we all have confidence, with that much money bulls will really happen. we don't even have to wait for a longer time, the faster the bull will be better for our market conditions.

[LUCKMCFLY]

Seems Ethereum and other altcoins will grow only after rising BTC. I have very big hopes for upcoming Fidelity launch in this month. They have 7.2 trillions money in their client assets under management while overal crypto cap just a little bit more than 100 billions. With such huge money coming in crypto we should see new bullrun

wow, if that is true it can happen. we all have confidence, with that much money bulls will really happen. we don't even have to wait for a longer time, the faster the bull will be better for our market conditions.

You are right, maybe it will go down a bit, but it will be to buy cheaper, in fact the market went down without volume, it is good indication because many may be buying very cheap and all that demand may have new levels in prices, Eth can be benefited in higher price.

[btc_angela]

I'm not the biggest ETH supporter, I do own some after deciding that I will keep some Ether despite really disliking everything about the project, and I'm down 70% (bought at $400).

I did think it was a bit surprising that after the successful hard fork, price is going down. The delay caused price to go up. So it tells me still a lot of speculators playing around. Long way to $400!

Long way indeed mate, plus compound that with the current bear market, so it's hard to see when we're going to touch $400 again. I will assumed that this is all just a test for Ethereum, hard forks usually bring some good spike to the price, so I guess the best thing to do is just wait for the next couple of months and see if forks has really a good effect on the market price.

[Jating]

Yes, pumps that occur in Ethereum are like traps. If this is a trap, there must be many people who have entered it. But we also have to think positively because it makes a good impact. Currently, the market is getting crowded and investors are starting to get excited again to invest.

the pump will occur when there is good news in the world of ethereum, whereas if there is no good news then it will not be possible so you should not be too happy first when there is no good news because it will not guarantee a price increase.

There's a lot of good news actually but not all of them has been a reason for a price pump.

News is only use now to pump the price temporarily and that happens because this market is still manipulated, and in the first place we already know that it's a trap for people to buy because eventually ETH will fall down again, the trend has been consistently working, it's still a pump and dump game now.

I recently check the price in coinmarketcap: $127.56.

So it's currently down, but to fair it seems that all the top 10 is having a hard time start of this week, bitcoin goes back to $37++ after a strong $38++ price in the last 4-5 days.

And there's not even a negative news that will pull the market price today, very surprisingly. Anyways, ETH is still in the second spot, maybe we need to wait for a couple of days to understand what happens this first week of March.

[hulla]

Ethereum's value this year is more likely to be the need for some ICO projects that have succeeded or survived, the golden age of ethereum has ended with a variety of scam ICOs, if Tron does a big promotion I think ethereum needs to do crazy things so the value increases again ...

Ethereum has always been the value and the need of almost every ICO projects even during the time of enforcement pressures from the US SEC for the trading of securities and transaction problem. However, there's something I don't quite understand in your message when you said "ethereum has ended with a variety of scam ICOs and the last time I checked ethereum recent hard forks was for the ease of TPS facing the network.

Meanwhile, the forks will help the price of ethereum market cause what make ETH ICOs project switch another smart contract provider is now fix.

[gensol]

ETH hard forks/upgrades got done successfully this week so that worry is out of the way. It is still going to track up and down with the overall market though.

we should have realized that hardfork did not solve the current market problem. maybe ethereum has been trying to improve the performance of the ethereum market but we cannot impose because the market itself is not very good at work.

Its all about system upgrade but somehow people were expecting price dumps after that's some reasons why they'll do selling their coins before the date of upgrade. We witness Ethereum upgrade yesterday but we found out there is no huge effect with trend and that's really great cause people are in learning right now. 

The hype will be gone but that will not be so long. This time a little bearish trend has already happened to ethereum and that's it. After the bulltrend there will be a bearish trend and otherwise the reverse thing will happen.

This is same for every market it's always advisable to sell when there's a frenzy lucking somewhere behind the project.

[MarconyGL]

Yes, pumps that occur in Ethereum are like traps. If this is a trap, there must be many people who have entered it. But we also have to think positively because it makes a good impact. Currently, the market is getting crowded and investors are starting to get excited again to invest.

the pump will occur when there is good news in the world of ethereum, whereas if there is no good news then it will not be possible so you should not be too happy first when there is no good news because it will not guarantee a price increase.

There's a lot of good news actually but not all of them has been a reason for a price pump.

News is only use now to pump the price temporarily and that happens because this market is still manipulated, and in the first place we already know that it's a trap for people to buy because eventually ETH will fall down again, the trend has been consistently working, it's still a pump and dump game now.

I recently check the price in coinmarketcap: $127.56.

So it's currently down, but to fair it seems that all the top 10 is having a hard time start of this week, bitcoin goes back to $37++ after a strong $38++ price in the last 4-5 days.

And there's not even a negative news that will pull the market price today, very surprisingly. Anyways, ETH is still in the second spot, maybe we need to wait for a couple of days to understand what happens this first week of March.

It is necessary to look at later dates, because it is unlikely that something can change significantly in the near future, the crypto currency is still weak and it is not right to expect growth from it

[WannaCry]

ethereum price as of today is @260USD, i think this is not a trap, but we have to be careful, as we are not in control to the market..

[Japinat]

ethereum price as of today is @260USD, i think this is not a trap, but we have to be careful, as we are not in control to the market..

Yes, it's not, ethereum just started their time in the bull run, most of the altcoins now are green and ETH is one of them.

I love watching this kind of pump movement, looks like we are back in the old glory days of crypto.

[Cnut237]

ETH has looked hugely underpriced vs BTC for a long time now - look at the BTC line on the historic ETH chart.
ETH got hit too hard in the bear market, and is now making its comeback. The last time BTC was this price, ETH was something like $600. There is still quite a way to go.

[Ridho_ost]

ethereum price as of today is @260USD, i think this is not a trap, but we have to be careful, as we are not in control to the market..

Yes, it's not, ethereum just started their time in the bull run, most of the altcoins now are green and ETH is one of them.

I love watching this kind of pump movement, looks like we are back in the old glory days of crypto.

prices that have fallen low in ethereum these days have gotten very impressive growth in price. seeing a significant return of stable bitcoin, making ethereum continue to increase until now. maybe this is the beginning of the return of prices in 2017 that all altcoin growth is very good

[edisystem]

ETH has looked hugely underpriced vs BTC for a long time now - look at the BTC line on the historic ETH chart.
ETH got hit too hard in the bear market, and is now making its comeback. The last time BTC was this price, ETH was something like $600. There is still quite a way to go.

Very true, ethereum price is really underpriced if you compared with 2017 price and today the bear market is starting, i'm not surprised seeing the ethereumm price increasing so high right now.

If ethereum hit $300 soon, it will increase more maybe up to $500 for the next few months.

[imstillthebest]

It maybe a trap because the growth of eth is unexpected . one day i check the price and its only over 100 usd but recently the price had jump a whoping of another 100 usd  .  while bitcoin and other cryptos have only a natural growth which is not suspicious at all  .   i suggest plan your move first dont just buy instantly , its better if we will wait for sometime .  lets see if eth value will become stable or not  .

[TobiasVR]

ETH has looked hugely underpriced vs BTC for a long time now - look at the BTC line on the historic ETH chart.
ETH got hit too hard in the bear market, and is now making its comeback. The last time BTC was this price, ETH was something like $600. There is still quite a way to go.

Very true, ethereum price is really underpriced if you compared with 2017 price and today the bear market is starting, i'm not surprised seeing the ethereumm price increasing so high right now.

If ethereum hit $300 soon, it will increase more maybe up to $500 for the next few months.

reaching a price of $ 500 seems to be very easy to pass by ethereum. this can be one of the things that will definitely happen in the near future, so in my opinion ethereum still has a strong position in cryptocurrency

[michellee]

ethereum price as of today is @260USD, i think this is not a trap, but we have to be careful, as we are not in control to the market..

That is not trapped, as long as he can buy at the right price, then he will be fine. If ethereum gets higher, it doesn't mean that is a trap for people who buy at that price because the price can go to anywhere without anyone can control. Ethereum itself still moves, and we don't know what next ethereum price wants to reach because the price can go lower or higher in anytime.

[Ziskinberg]

ethereum price as of today is @260USD, i think this is not a trap, but we have to be careful, as we are not in control to the market..

That is not trapped, as long as he can buy at the right price, then he will be fine. If ethereum gets higher, it doesn't mean that is a trap for people who buy at that price because the price can go to anywhere without anyone can control. Ethereum itself still moves, and we don't know what next ethereum price wants to reach because the price can go lower or higher in anytime.

There is no trap if you believe the market have change into bull market.
Price movement maybe not normal as ETH pump to 20% or more today, but that's how the price move during bull run, it's normal in bull run.
You will have to wait longer if you will not take the opportunity to buy now, ETH might follow what BCH has done and been doing.

[passwordnow]

Prediction made by OP has already come into reality. Yes, made it back to $200 and it's likely to getting back its confidence to $300 soon but the current position is $260.

If ethereum hit $300 soon, it will increase more maybe up to $500 for the next few months.

I'm positive for $500 and more than that, we've seen it before @ $1,000 - $1,400 so $500 is reachable and possible.

[greenclub09]

Prediction made by OP has already come into reality. Yes, made it back to $200 and it's likely to getting back its confidence to $300 soon but the current position is $260.

If ethereum hit $300 soon, it will increase more maybe up to $500 for the next few months.

I'm positive for $500 and more than that, we've seen it before @ $1,000 - $1,400 so $500 is reachable and possible.

yeah maybe now ETH is rising quickly to 300$ but i guess this wont last for long when it is too high now, it is hard to get any higher without a strong dump, so investor want to invest in ETH should wait for a little until the dumps come to buy after that we can have profit from the rising market in the future.