Jating (OP)
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September 04, 2019, 12:05:15 PM Last edit: September 04, 2019, 12:28:12 PM by Jating |
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I guess I felt the need to share some positive news about ETH here: As bitcoin below the $10k range, the rest of the market followed and it was a fair few days of the majority of coin/tokens being in the red. One of those coins was Ethereum which has been brutally targeted by the gods of crypto. Not only has price significantly crashed in comparison to bitcoin but it has been just underperforming general…
But some data suggests that the cryptocurrency could soon be ready to go on a journey of recovery. There are many traders and analysts on twitter who have commented on where they see Ethereum going from here. York780 is one of those traders noted that the one-week stochastic recently became bullish on Ethereum’s one-week chart. This comes after a two-month-long bear trend that started sometime in early-July. https://cryptodaily.co.uk/2019/09/ethereum-back-from-deadSo despite the current situation of ETH and altcoin market is general, there are still some positive traders out there who thinks that ETH can enter a bullish phase even for a week. I think we need to get into the $200 range again to see further growth, a big mental barrier in front of us but as soon as we slice it I think we can still see the price going on like $300-$500 at the end of the year. What do you guys think?
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dcomomal
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September 04, 2019, 12:46:17 PM |
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ETH has added some value during the last several days, but it is too early to determine something about altcoins. We should wait until Bakkt launch, the biggest coin on Bakkt would be Bitcoin and nobody knows how this would affect the market in general.
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javainn
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September 04, 2019, 03:30:15 PM |
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Estimating the price of ethereum as high as $ 500 might be easy to obtain. but for ethereum to reach the price of $ 500 it may take a lot of time. so I think now I have to wait for the right moment for ethereum to be back in that position
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masterrex
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September 04, 2019, 03:46:52 PM |
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I guess I felt the need to share some positive news about ETH here: As bitcoin below the $10k range, the rest of the market followed and it was a fair few days of the majority of coin/tokens being in the red. One of those coins was Ethereum which has been brutally targeted by the gods of crypto. Not only has price significantly crashed in comparison to bitcoin but it has been just underperforming general…
But some data suggests that the cryptocurrency could soon be ready to go on a journey of recovery. There are many traders and analysts on twitter who have commented on where they see Ethereum going from here. York780 is one of those traders noted that the one-week stochastic recently became bullish on Ethereum’s one-week chart. This comes after a two-month-long bear trend that started sometime in early-July. https://cryptodaily.co.uk/2019/09/ethereum-back-from-deadSo despite the current situation of ETH and altcoin market is general, there are still some positive traders out there who thinks that ETH can enter a bullish phase even for a week. I think we need to get into the $200 range again to see further growth, a big mental barrier in front of us but as soon as we slice it I think we can still see the price going on like $300-$500 at the end of the year. What do you guys think? Im an Ethereum fan so im still positive about Ethereum, well if the trend will continue $300-$500 dollars is not impossible to gain in the last quarter of 2019! dont forget that Ethereum was still the top 2 cryptocurrency by means of Market capitalization thats why dont be bother for some negative news around im sure Eth will rebound soon.
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beliomir
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September 04, 2019, 03:48:56 PM |
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For Ethereum to reach $ 500, you need some kind of driver for growth. Of the biggest drivers, this is a switch to a new consensus.
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avikz
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September 04, 2019, 03:58:22 PM |
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For Ethereum to reach $ 500, you need some kind of driver for growth. Of the biggest drivers, this is a switch to a new consensus.
It will be a death of ETH, if they move to POS consensus from POW! It will certainly increase the demand of ETH in the market at the beginning as many people will try to acquire more and more ETH for future profit. But when the initial gold rush is saturated, it will go down to drain as soon as people will start earning free ETH for doing nothing! ETH moved up in the ladder because of it utility called smart contract capability. People started their own tokens and businesses around the ETH blockchain and released their own coins to the market. This is the only reason why ETH moved up at the first place! Now when the ICO market is on the verge of death, ETH needs fresh stimulus. But moving to POS will be the first nail on the coffin of ETH!
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Argoo
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September 04, 2019, 05:20:54 PM |
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The price of ethereum fell amid falling prices for altcoins, which mainly arose on the platform of this coin. This condition is temporary and cyclical. Over time, the situation should improve and bounce back, and ethereum will again increase in both price and popularity. We expect further improvements in this coin and they should positively affect the price increase ethereum. Now this coin is very underestimated.
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nakata121
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September 04, 2019, 06:20:35 PM |
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For Ethereum to reach $ 500, you need some kind of driver for growth. Of the biggest drivers, this is a switch to a new consensus.
I think it will be very difficult for eth to reach the price of $500 in past few months, even if the price can go up to $300, in my opinion, it is a pretty fantastic thing considering the current condition of the cryptocurrency market which seems to be still in quite negative conditions.
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DaMut
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September 04, 2019, 06:31:16 PM |
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Even though ETH did not perform well like Bitcoin, but it can not be considered as dead because the price kept tanking and recovering. For Ethereum to reach $ 500, you need some kind of driver for growth. Of the biggest drivers, this is a switch to a new consensus.
It will be a death of ETH, if they move to POS consensus from POW! It will certainly increase the demand of ETH in the market at the beginning as many people will try to acquire more and more ETH for future profit. But when the initial gold rush is saturated, it will go down to drain as soon as people will start earning free ETH for doing nothing! ETH moved up in the ladder because of it utility called smart contract capability. People started their own tokens and businesses around the ETH blockchain and released their own coins to the market. This is the only reason why ETH moved up at the first place! Now when the ICO market is on the verge of death, ETH needs fresh stimulus. But moving to POS will be the first nail on the coffin of ETH! I am not fan of PoS consensus but we can not deny that PoS gives us more room than PoW. Speeding the transaction can help ETH in running the smart contract, right now it is not ready yet. Remembered when one dapps crashed ETH network, months ago? if PoS can increase ETH transaction speed, it will boost the demand and its usability.
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kramchers
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September 04, 2019, 06:33:44 PM |
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Firstly, Etehreum never went DEAD for us to tell that they went from the dead. If we will talk about ETH 2.0 before, we all know that we are not yet there though they were some FORKED. Eth are low and that as brilliant to get more. ill admit i am one of the people who were happy that the p[rice went down so mad, i harvest some then.
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tycsols
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September 04, 2019, 06:36:20 PM |
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Most of traders are bullish for eth over longterm just like btc and personally i have been accumulating more and more eth as much as i can and i think that eth under 500 is a very good price as all time high is around 1400 and we know that new all time high will be few times more than previous highs so profit potential is huge for eth and that is what makes it the top investment option.
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Nadziratel
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September 04, 2019, 07:35:06 PM |
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Come on, Ethereum's not dead yet. Even far from dying, I hope. I think we need Ethereum more. After POS integration, ETH will move again in my opinion.
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Oyarebu
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September 04, 2019, 07:52:12 PM |
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Basically what I can see that had happened to Ethereum is the launch of IEOs which silent that of the ICOs and also, some internal issues that befall Ethereum but the good news is, onces Ethereum get over them; then the price will soar higher than we can speculate now. Ethereum will be great again is just a matter of time, let's us wait for the price.
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kbhutto
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September 04, 2019, 08:05:04 PM |
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Eth is not dead,Eth is a coin that has the largest community of course eth will easily bounce back past 200 dollars.We only need to wait for time especially when eth 2.0 is launched I think eth will have a value of 1000 dollars.
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ninja811
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September 04, 2019, 08:14:21 PM |
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Ethereum in the cryptocurrency market has never personally died for me. This is largely due to its great reliability in which I believe. Due to market fluctuations, the price of Ethereum is falling or rising. In any case, I know that even after a long wait, it will still fly up and everyone who invested in it will make a profit.
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DarkDays
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September 04, 2019, 08:17:57 PM |
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So despite the current situation of ETH and altcoin market is general, there are still some positive traders out there who thinks that ETH can enter a bullish phase even for a week.
I think we need to get into the $200 range again to see further growth, a big mental barrier in front of us but as soon as we slice it I think we can still see the price going on like $300-$500 at the end of the year.
What do you guys think?
Well, I don't think it has anything to do with its value. Ethereum is sinking because it is becoming an inhospitable environment for DApps. It is extremely expensive and resource intensive developing and deploying DApps on Ethereum. Because of this many DApps are ditching ETH and moving to cheaper blockchains like EOS and even TRON. Until Ethereum achieves some semblance of scaling or switching to POS and clears out its clog, it's only going to get worse I believe.
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Milamol
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September 04, 2019, 08:19:01 PM |
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DarkDays, I agree with you. Ethereum is falling vs BTC. Why is no one talking about this? Yes, ETH is not dead, and many are optimistic about the future, but this trend ... I hope this will not continue indefinitely.
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caffu chino
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September 04, 2019, 08:35:14 PM |
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I guess I felt the need to share some positive news about ETH here: As bitcoin below the $10k range, the rest of the market followed and it was a fair few days of the majority of coin/tokens being in the red. One of those coins was Ethereum which has been brutally targeted by the gods of crypto. Not only has price significantly crashed in comparison to bitcoin but it has been just underperforming general…
But some data suggests that the cryptocurrency could soon be ready to go on a journey of recovery. There are many traders and analysts on twitter who have commented on where they see Ethereum going from here. York780 is one of those traders noted that the one-week stochastic recently became bullish on Ethereum’s one-week chart. This comes after a two-month-long bear trend that started sometime in early-July. https://cryptodaily.co.uk/2019/09/ethereum-back-from-deadSo despite the current situation of ETH and altcoin market is general, there are still some positive traders out there who thinks that ETH can enter a bullish phase even for a week. I think we need to get into the $200 range again to see further growth, a big mental barrier in front of us but as soon as we slice it I think we can still see the price going on like $300-$500 at the end of the year. What do you guys think? i'm still optimistic that in Q4, ethereum can enter the bullish trend. the reason is because upon entering the beginning of the year there will be many updates prepared by the devs team for ethereum. if there is no delay about upadate (ethereum 2.0) there will be many requests for ethereum later when entering Q4 later. certainly at the end of the year, I'm sure the price of ethereum will be above current prices.
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Aveatrex
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September 04, 2019, 09:28:28 PM |
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ETH is still and will always be dead until it's founder become more optimistic about his project and stop making investors panic and sell with his thoughts.That's the first point,secondly, now that ICO's are less appreciated when IEOs became popular that's also bad news for ETH and Neo even if it's not their fault.
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Kez1817
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September 04, 2019, 09:47:01 PM |
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I'm still positive in ethereum that one day this year it will rise. It's not dead because it is still in the market with value and used in trading although still low value. There are some reasons that affect the ethereum value in the market like the IEO and altcoin season not yet started. Need more patience.
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