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Author Topic: Whales are busy accumulating Ethereum, but Analysts claim it’ll fall.  (Read 676 times)
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June 11, 2020, 12:16:32 AM
 #61

This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?
Maybe the whales keep busy to buy ethereum when ethereum price is down so they can get more ethereum in their wallet. They want to make a huge profit from ethereum, especially if the price can increase in the future. We know that ethereum has a big chance to grow in the next bull run, and the ethereum itself is one of the potential coins which can back to the higher price.

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June 11, 2020, 02:36:50 AM
 #62

This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?
Maybe the whales keep busy to buy ethereum when ethereum price is down so they can get more ethereum in their wallet. They want to make a huge profit from ethereum, especially if the price can increase in the future. We know that ethereum has a big chance to grow in the next bull run, and the ethereum itself is one of the potential coins which can back to the higher price.
I guess if they have accumulated a lot of ethereum in their bags. The potential that will be given by the next update is very big consider it's not only the inflation but they can get passive income from the network too. Big waves will be coming for ethereum

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June 11, 2020, 03:34:29 AM
 #63

Yes ethereum will surely fall because that's what every coins do except stable coins, rise and fall aren't permanent that's a thing with all coins unless they are bad project, Ethereum is big enough that holding through any storm is what the project deserves, whatever happens those who will hold will hold.
Those who choose to invest long-term are investors who have a great deal of patience because the market is always volatile daily, and recently there have been lots of unexpected price drops. I think I should only choose long-term investment according to my ability and should divide the investment capital appropriately to ensure profit. I personally always be careful when choosing to invest and only buy when that coin shows signs of decline.
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June 11, 2020, 03:38:23 AM
 #64

This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?
Maybe the whales keep busy to buy ethereum when ethereum price is down so they can get more ethereum in their wallet. They want to make a huge profit from ethereum, especially if the price can increase in the future. We know that ethereum has a big chance to grow in the next bull run, and the ethereum itself is one of the potential coins which can back to the higher price.
I guess if they have accumulated a lot of ethereum in their bags. The potential that will be given by the next update is very big consider it's not only the inflation but they can get passive income from the network too. Big waves will be coming for ethereum
passive income from holding ethereum assets for future renewal can also be a bad weapon for the ethereum market, given the huge supply of ethereum today. this will affect the ethereum market if comparisons and preparations for renewal are not calculated to perfection.









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June 11, 2020, 07:09:55 AM
 #65

Ethereum hit 249$ hours ago, almost 250$ and that's a good sign if you ask me, it's been a while since ethereum is this bullish, the only thing that can make Ethereum drops in price now is Bitcoin, I'm not seeing how Ethereum will dump on its own without the help of Bitcoin.

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June 11, 2020, 08:12:56 AM
 #66

I don't find any reason for ethereum to tank unlike the analysts. What is the reason they think that ether will tank ?
For me, I have been accumulating ether quite recently since I believe that holding ether will get me good profits in the long run.
Also, I am being optimistic with the ethereum PoS migration and I am willing to stake some ether so need to accumulate it as much as possible.

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June 11, 2020, 08:18:17 AM
 #67

It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.

Sources:

https://www.newsbtc.com/2020/05/17/fear-of-altcoin-crash-hasnt-stopped-ethereum-and-erc-20-whales-from-accumulating/

https://decrypt.co/29212/fortnite-players-love-reddits-new-cryptocurrency

https://micky.com.au/reddit-tests-its-own-eth-based-crypto-for-rewards-system/

https://bitcointalk.org/index.php?topic=5240140.0

Well if whales really accumulating that time ?then surely they are in good faith now because from May 19 there are more than 100% of profit they have?

https://coinmarketcap.com/currencies/ethereum/

Looking at the graph from $112 price in may19 2020 now the price is more than 240$ already giving the whales of more than double of their capital.

and since there are no big dumping that happening so far means Whales are still Holding and waiting for right timing.









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June 11, 2020, 08:42:14 AM
 #68

I think the market will need to adjust again before strong growth. You know, Covid 19 is still raging in many countries and this still makes many service businesses die a lot. Large economies in countries like the US, Italy and Spain, Russia will also be greatly affected and that will make the stock market plummet. it will certainly affect the crypto market and I am still waiting for ETH to fall back to $ 180 to buy again.

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June 11, 2020, 11:58:23 AM
 #69

Regarding reddit yesterday i was reading about reddit Vault wallet and how it works . But still not clear about token exchange listing but as they claiming its openly traable based on rediit karma what token we receive . Its still in testnet once started using by Reddit community surely there will be huge use case added to Ethereum but one thing we shouldn't forget about ethereum scalability while cryptokitties launched how etherum network struggled . For now boosting ethereum price only one way that is Ethereum 2.0
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June 11, 2020, 12:23:20 PM
 #70

It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.

Sources:

https://www.newsbtc.com/2020/05/17/fear-of-altcoin-crash-hasnt-stopped-ethereum-and-erc-20-whales-from-accumulating/

https://decrypt.co/29212/fortnite-players-love-reddits-new-cryptocurrency

https://micky.com.au/reddit-tests-its-own-eth-based-crypto-for-rewards-system/

https://bitcointalk.org/index.php?topic=5240140.0
If they are accumulating Ethereum now then for sure they are looking forward to the following days to Pump the said currency for them to Bag our money and we cannot do anything to Hinder them instead we must join them to make even small part in their success.

Ethereum hit 249$ hours ago, almost 250$ and that's a good sign if you ask me, it's been a while since ethereum is this bullish, the only thing that can make Ethereum drops in price now is Bitcoin, I'm not seeing how Ethereum will dump on its own without the help of Bitcoin.

few days ago ethereum had already Hit 252$ so 249 is a little bit short to point out.

But indeed that ethereum has new days to come that we need to expect.

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June 11, 2020, 12:43:39 PM
 #71

Ethereum will not fall unless Bitcoin falls, all altcoins depends on Bitcoin and if Bitcoin can manage to pull up to its past all time high many altcoins will surge and become profitable for holders, it's better to keep holding your ethereum, it's way better than new coins today
Exactly ETH is better than other new coins.Expert would have realized how Ethereum is very promising in the future and why it is more safe to invest with it now . But we cannot predicted what would happen in the future even expert could be wrong. My opinion is even Ethereum price falls down it can recover it's price like how bitcoin does.

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June 11, 2020, 01:00:48 PM
 #72

I think the market will need to adjust again before strong growth. You know, Covid 19 is still raging in many countries and this still makes many service businesses die a lot. Large economies in countries like the US, Italy and Spain, Russia will also be greatly affected and that will make the stock market plummet. it will certainly affect the crypto market and I am still waiting for ETH to fall back to $ 180 to buy again.
There are influence that can affects the market, we ain't sure if the value will fall to that level or it will rise more as there are investors who are willing
to keep holding and allow the market to work and bring more benefits.

It's hard to conclude whether this rise will continue and try to achieved another high, but with the help of whales who are accumulating more assets
and keep the coins inside their wallets it's not impossible to see more hype.

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June 11, 2020, 01:16:29 PM
 #73

I think the market will need to adjust again before strong growth. You know, Covid 19 is still raging in many countries and this still makes many service businesses die a lot. Large economies in countries like the US, Italy and Spain, Russia will also be greatly affected and that will make the stock market plummet. it will certainly affect the crypto market and I am still waiting for ETH to fall back to $ 180 to buy again.
I think fall back to price $ 180 will be a little difficult because the bearish situation on ETH is over. Right now the Crypto market situation is good enough, We can see a lot of Altcoin which has increased leaving downtrend to uptrend. If you buy ETH Now, I think it's still the right moment.
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June 11, 2020, 01:17:23 PM
 #74

Everyone is free to say analyzing it against ethereum and opportunities to rise and fall can still occur. I think in this case the drama will play, if it is not strong in terms of holding and listening to other people's analysis and we just obey it, then chances are we will be wrong in taking steps.

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June 11, 2020, 03:57:37 PM
 #75

I think the market will need to adjust again before strong growth. You know, Covid 19 is still raging in many countries and this still makes many service businesses die a lot. Large economies in countries like the US, Italy and Spain, Russia will also be greatly affected and that will make the stock market plummet. it will certainly affect the crypto market and I am still waiting for ETH to fall back to $ 180 to buy again.
I think fall back to price $ 180 will be a little difficult because the bearish situation on ETH is over. Right now the Crypto market situation is good enough, We can see a lot of Altcoin which has increased leaving downtrend to uptrend. If you buy ETH Now, I think it's still the right moment.
Now the situation is really very good for the overall growth of the cryptocurrency market. First of all, this is a recent reduction in the remuneration of miners by half for each new block of bitcoin mined and the impending global economic crisis. Along with the general increase in market prices, the price of ethereum will also rise. At the same time, we also expect the introduction of Ethereum 2.0 improvements in this coin, which will provide it with better functionality. I think that after that the demand for ethereum and its price will increase significantly.

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June 11, 2020, 04:02:49 PM
 #76

Everyone is free to say analyzing it against ethereum and opportunities to rise and fall can still occur. I think in this case the drama will play, if it is not strong in terms of holding and listening to other people's analysis and we just obey it, then chances are we will be wrong in taking steps.
You are right, when reading a lot of analysis and opinions of others then it makes our minds can not be clear. but apart from that, all I see what happens to ethereum transaction costs seems to be increasing. whether this is affected by the renewal or is only caused by the hectic transaction.

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June 12, 2020, 03:14:15 AM
 #77

I guess if they have accumulated a lot of ethereum in their bags. The potential that will be given by the next update is very big consider it's not only the inflation but they can get passive income from the network too. Big waves will be coming for ethereum
Then we need to wait for that time, but now, as bitcoin price is down too deep, ethereum price follows to go down, and we don't know when the ethereum price will increase again. The down of the ethereum price now is not too deep, but if bitcoin goes down for more, then it could be possible for ethereum to go down again.

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June 12, 2020, 03:19:09 AM
 #78

It's balance when somebody says that the market for Ethereum will tank or for bitcoin and any other cryptocurrencies. This is the equilibrium of cryptocurrencies.
As long as not everybody telling us that the market will go up, you should feel good with it. But whenever all of these people are claiming that we're about to enter a bull market then that's the time that you should be fearful.

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June 12, 2020, 03:48:28 AM
 #79

Everyone is free to say analyzing it against ethereum and opportunities to rise and fall can still occur. I think in this case the drama will play, if it is not strong in terms of holding and listening to other people's analysis and we just obey it, then chances are we will be wrong in taking steps.
The problem is they never tried to see the reality. So many times the analyst have failed to predict the market and that makes not so many people didn't wanna try to believe them again. Just try to see the reality that was happening in the market



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June 12, 2020, 06:13:28 AM
 #80

It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.

Sources:

https://www.newsbtc.com/2020/05/17/fear-of-altcoin-crash-hasnt-stopped-ethereum-and-erc-20-whales-from-accumulating/

https://decrypt.co/29212/fortnite-players-love-reddits-new-cryptocurrency

https://micky.com.au/reddit-tests-its-own-eth-based-crypto-for-rewards-system/

https://bitcointalk.org/index.php?topic=5240140.0

Analysis from analysts can also be wrong and I think that is normal. The analysis of the analysts must also have a strong basis as well as the whales, they buy ethereum because they have their own analysis that is different from the others.

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