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Author Topic: Whales are busy accumulating Ethereum, but Analysts claim it’ll fall.  (Read 676 times)
minairia3
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June 09, 2020, 11:56:20 AM
 #41

Ethereum is on its way from a POW from a POS and additional features which can change the coin completely.
It would take another year for complete migration of ethereum to PoS as Vitalik said it will really takes time but partially they will gradually transfer it and coded all necessary for eth PoS.

I myself is accumulating eth bags for stacking but what more profitable is the 32 eth validator but this is quite expensive.

Whales could say it falls so they can simply buy more. It is just a reverse psychology so people would be lured for price drop and they are the one make it dump.
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June 09, 2020, 12:11:49 PM
 #42

Whales could say it falls so they can simply buy more. It is just a reverse psychology so people would be lured for price drop and they are the one make it dump.

I think the whales want to make people/traders panic so they will sell their ethereum at any price, and that will make the price will go down faster. People are not going to sell the ethereum if the price is not really down too deep, but they will follow to buy more ethereum like what the whales did. If the ethereum price is down, I think that is because ethereum follows where bitcoin moves, but on the other days, the ethereum price will go up again, and that can be the next higher price.

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June 09, 2020, 12:20:28 PM
 #43

This is one reason why every individual have different point of views because we do our research at different angles.
Also, it is one reason why you should avoid analyst especially when they preach bull or bears.

Focus on the facts you have at hand, and invest accordingly
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June 09, 2020, 01:36:49 PM
 #44

It's normal if Ethereum falls after the next update is complete, this is still not guaranteed since it's just a prediction but honestly investors will trust ethereum network staking more than others, I belief this will make many ethereum fans start holding ethereum, I don't see how price will fall but anything is possible

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June 09, 2020, 01:45:47 PM
 #45

It's normal if Ethereum falls after the next update is complete, this is still not guaranteed since it's just a prediction but honestly investors will trust ethereum network staking more than others, I belief this will make many ethereum fans start holding ethereum, I don't see how price will fall but anything is possible
When ethereum prices fall, I think you only need to take advantage of such moments to buy as much ethereum as you can, many investors do that, they dare to buy ethereum at cheap prices and as much as possible hold ethereum until prices recover.

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June 09, 2020, 01:51:50 PM
 #46

Whales aren't accumulating Ethereum for future pumps or anything like that, they are accumulating because of proof of stake, so if price dumps it doesn't mean any thing, won't stop holders from getting their rewards right?

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June 09, 2020, 01:55:24 PM
 #47

Whales aren't accumulating Ethereum for future pumps or anything like that, they are accumulating because of proof of stake, so if price dumps it doesn't mean any thing, won't stop holders from getting their rewards right?
yes I really agree with what you say because you have to be able to see when market conditions are falling prices like what happened like this then you should be able to enter and participate because some time later the popes will enter and raise the price of ethereum.
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June 09, 2020, 01:58:52 PM
 #48

Arrghh  Angry, I've heard enough about price fall already, Ethereum is a volatile coin, price will eventually fall but for now whales are busy accumulating, I expect everyone to fill their bags too if you know how good this is, it's a dream come true for Ethereum to introduce staking, last two years I never thought that this will be possible.

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June 09, 2020, 02:01:18 PM
 #49

The only possible price fall on ethereum is if Bitcoin took the fall, I don't believe any analysts and I suggest you don't too, too many past predictions failed to come true, if you want to mislead yourself start relying on analysts predictions

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June 09, 2020, 02:17:14 PM
 #50

Ethereum is a top coin and investors don't have time to be worried about future dumps because this coin is the king of all altcoins, take it or leave it, I'd rather hold ethereum than any altcoins in my wallet right now, and I won't regret I did, people are buying for stake rewards, something that can definitely drive eth price up, I feel like Vitalik Buterin should have done this a long time ago already

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June 09, 2020, 04:22:54 PM
 #51

Whales aren't accumulating Ethereum for future pumps or anything like that, they are accumulating because of proof of stake, so if price dumps it doesn't mean any thing, won't stop holders from getting their rewards right?
Can't say for sure. If holders keep pumping out their reward from proof of stake and selling it, it is only a matter of time before a trigger could push ETH's price collapse. So I think whale keep on accumulating could give a healthy life for ETH in proof of stake.
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June 09, 2020, 05:02:58 PM
 #52

Ethereum now brings a lot of attention to itself due to staking opportunity. Imagine that the biggest altcoin is going to reward its holders. That could lead into the next altcoin bull market because the most important thing on altcoins is the quality assurance. I mean when new token comes with PoS, we will not care about it because we do not trust it, right?  Wink

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June 09, 2020, 08:23:45 PM
 #53

Well, these two things are not mutually exclusive, ethereum price could fall while also whales accumulating for it to go upside later on?

We are talking about whales, these are not people like you who would want to make a quick 100% profit in a month or whatever, these people knows that in order to make a huge profit you have to wait YEARS before selling it. That is why they do not care if ethereum will fall in the next 1-3 years, it could drop, when it drops they will buy even more, when it rises they will continue to buy.

They will get as much ethereum as they want and in the end will stop buying and start waiting, after that all it takes is patience, they will wait until ethereum rises to the level they want to sell and when it reaches that level they will simply just sell it.
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June 09, 2020, 08:38:20 PM
 #54

I don't think that the price of ETH will fall, I guess that's the opposite. Considering that ETH is one of the most potential altcoin for investment in the future, I believe that ETH will continue to move significantly upwards.
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June 09, 2020, 08:43:08 PM
 #55

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
Everyone has the right to have his own opinion and analysis especially when it comes to the price of a certain coin but personally i am super bullish for eth, i mean you can check and confirm that both fundamentally and technically eth is nicely placed and is due for massive run, i will not be surprised if eth reaches new high price by years end.

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June 09, 2020, 11:39:33 PM
 #56

Pos and Dapps are one of the most popular things going on the ethereum chain and it actually seems to be the most favorable when it comes to Defi so I think there will be growth but then accumulating can hurt your feelings mate Remember its Crypto and is volatile even real business struggles So trade carefully

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June 10, 2020, 12:12:31 AM
 #57

Whales aren't accumulating Ethereum for future pumps or anything like that, they are accumulating because of proof of stake, so if price dumps it doesn't mean any thing, won't stop holders from getting their rewards right?
It won't and that makes the whales are trying to accumulate more ethereum before it will be going up and then the whales must have spent more money to get more ethereum as the price already increased a lot.
POS ethereum is a promising update.

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June 10, 2020, 04:10:11 AM
 #58

It's unsurprising really.. With the turn of events recently and the new version 2.0 of Ethereum launching soon, analyst believe it will more than likely lead to Ethereum pumping due to its ability to be staked, speed of transactions and even cheapness. Those with the proper information are already stock g up on Ethereum and rightly so. Even the price has remained bullish these past few weeks showing the evidence that, it will likely result in another Ethereum rally.
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June 10, 2020, 06:02:55 AM
 #59

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.
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June 10, 2020, 07:08:31 AM
 #60

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?

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