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Topic: Another trap for ETH? (Read 1420 times)

member
Activity: 602
Merit: 10
May 26, 2019, 04:15:17 PM
But now you can see that the ETH price has risen quite high from February, maybe this is a good thing for ETH
Good for the entire market, ETH is not the top performer of this bullish run, but since we see it rise, we are expecting ETH to even rise more.

Low this year was around 90 usd, and price already increase 100% as of this time, and though it's a significant increase already, we are ready for more as it's how the market behaves in crypto. The ATH of ETH is still high compared to its current price now, we need to surpass that to recover fully.

I don't think all time highs would have to be surpassed for us to say it's fully recovered. As of now i think ethereum is already at a good recovering stage. As you've said, not long ago it was under 90usd and people are already quick in saying that it's dead. Now those who saw that as an opportunity are up more than double their initial amounts. It's not a bull trap, it's ether making a run along with the other coins following btc's movement.
I am sure that if it shows even better results, while former investors and users, who were frightened by last year’s fall in the market, will return to it.  In any case, if we take into account 76 dollars at the end of 2018, then today we have even more than 3X growth in the price of ethereum.  This is a grandiose performance by today's standards.
hero member
Activity: 924
Merit: 502
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May 22, 2019, 02:31:47 AM
But now you can see that the ETH price has risen quite high from February, maybe this is a good thing for ETH
Good for the entire market, ETH is not the top performer of this bullish run, but since we see it rise, we are expecting ETH to even rise more.

Low this year was around 90 usd, and price already increase 100% as of this time, and though it's a significant increase already, we are ready for more as it's how the market behaves in crypto. The ATH of ETH is still high compared to its current price now, we need to surpass that to recover fully.

I don't think all time highs would have to be surpassed for us to say it's fully recovered. As of now i think ethereum is already at a good recovering stage. As you've said, not long ago it was under 90usd and people are already quick in saying that it's dead. Now those who saw that as an opportunity are up more than double their initial amounts. It's not a bull trap, it's ether making a run along with the other coins following btc's movement.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
May 20, 2019, 08:25:14 PM
Well about the recent pump is something that happens very normal in the market, is something to be expected, because the bitcoin was in a bullish rally trend that had quite a race, then the altcoins and in this case ETH goes up, because the DEET investors also They want to join the profits when ETH goes up, knowing that bitcoin was staying in a comfortable area so that the altcoins would begin to rise.

It should also be noted that now ETH has a very good future, many ICO projects have become STO and IEO, so now we have very open options to receive great news of what investors decide to put in the projects through the tokens. , many have received much support due to the new rules that are in the market, this is similar to the confidence that had gone in 2018 when bitcoin took ranges of $ 3k.

For now the market has made a slight correction, very normal, which may unleash in a new stage to continue growing, or to form a small zone of lateralization, which would not hurt at all since it is now very normal for areas to form of liquidity, to support the possible falls that bitcoin may have when the bears enter and in turn in ETH.
legendary
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May 20, 2019, 04:09:38 AM
But now you can see that the ETH price has risen quite high from February, maybe this is a good thing for ETH
Good for the entire market, ETH is not the top performer of this bullish run, but since we see it rise, we are expecting ETH to even rise more.

Low this year was around 90 usd, and price already increase 100% as of this time, and though it's a significant increase already, we are ready for more as it's how the market behaves in crypto. The ATH of ETH is still high compared to its current price now, we need to surpass that to recover fully.
sr. member
Activity: 1022
Merit: 391
May 20, 2019, 03:29:40 AM
I believe that thinking that Ethereum is over only because there aren't as many ICO as in the past, in 2017, is silly; and even believing in a trap the recent rise of the last two months is ridiculous.

In the young crypto market even rises of 100/200% in a few months are normal, especially if these increases come after a fall of over 90%; then you want advice, dear friends:
enjoy the journey, let profits run and cut your losses! but above all never go against the market trend!
member
Activity: 560
Merit: 11
May 20, 2019, 01:41:21 AM
But now you can see that the ETH price has risen quite high from February, maybe this is a good thing for ETH
sr. member
Activity: 826
Merit: 265
May 20, 2019, 12:34:42 AM
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?
You are right on this one mate,because that same time ethereum made another dump until end of March when this coin starts to grow and make a good hype in the late part of April
And as May begins we see the continuity of growth and now sits at $250 and getting higher still

today the market appears to have increased again after a dump occurred I think that is normal and I also don't think the trap, ethereum is now around $ 249 if bitcoin continues the uptrend it could be that ethereum reaches $ 300 in the next 1 to 2 months.
That’s what you call volatile market,that everything that goes down might grow again in right time,we have been a witness of the market from years ago when the hype happens and suddenly dump continuously after a few months
member
Activity: 486
Merit: 10
May 19, 2019, 10:51:20 PM
today the market appears to have increased again after a dump occurred I think that is normal and I also don't think the trap, ethereum is now around $ 249 if bitcoin continues the uptrend it could be that ethereum reaches $ 300 in the next 1 to 2 months.
legendary
Activity: 3108
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Leading Crypto Sports Betting & Casino Platform
May 19, 2019, 09:59:35 PM
I don't think I have a bull trap. Prices are growing in a very stable manner. Bitcoin continues to progress more strongly. I want to sell it in the right place.

Go ahead, make sure to pull that trigger once you are on your target, don't be greedy as that would cause you a regrets in the future.
Bull run is not everyday, we waited almost one year to see this bull run now, so let's be smart and let this opportunity gives us the benefits we want.
sr. member
Activity: 840
Merit: 253
May 19, 2019, 07:25:55 PM
I don't think I have a bull trap. Prices are growing in a very stable manner. Bitcoin continues to progress more strongly. I want to sell it in the right place.
member
Activity: 1204
Merit: 38
May 19, 2019, 02:25:09 PM
This time I don't think that rap will not been possible because really the Bull Run going on so it changes the value and the stability also so investment and this time only make your money to be a profitable investment otherwise you also miss the opportunity in this time.
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full member
Activity: 882
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May 19, 2019, 12:23:24 PM
No more trap,its the bull run which is the thing we all are waiting for.Moving for $300 and the target will reach when the next resistance of bitcoin.
full member
Activity: 723
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May 19, 2019, 11:29:54 AM

I don't think the pump that has happened in ETH is a trap. It's not wrong if you have a thinking like that because the bull trap often happened in cryptocurrency market. But if I see on the recent pump of ETH it's not a trap, because the price cryptocurrency has increased almost 99% and also with bitcoin. But now when the decreasing price come it just a correction from the increased price a few days ago and seems like the price cryptocurrency start to increasing again.


pump and dump already common in the crypto market altcoin is fluctuatif we must take a part when any chance for get more profit, and after bitcoin price grow up is a normal for top altcoin especially Ethereum are pumped moreover ethereum has been halving a few months ago.
hero member
Activity: 1414
Merit: 516
May 19, 2019, 10:40:47 AM
Well maybe was a trap but now i don't think is a trap even if bitcoin grow and drop, Ethereum not drop so much, but for long time i anyway think can be a very good option.
hero member
Activity: 2268
Merit: 579
Leading Crypto Sports Betting & Casino Platform
May 19, 2019, 10:13:54 AM
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?
It is actually the time for ETH to move,  we saw big increase with BTC but it don't have a huge effect to the altcoins. This pumps will help to give courage to those ETH holder and they'll never be disappointed this time

This was actually time for every utilized crypto currencies in the market to move forward (increase) and I won't say the increase in price of Bitcoin market doesn't have a huge effect to the altcoin market especially ETH because the trend/chart of the ETH and Bitcoin are a little different i.e they both experienced 7:03% and 7:62% growth respectively.
copper member
Activity: 2800
Merit: 1179
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May 19, 2019, 10:00:43 AM
Ethereum is currently moving in line with bitcoin but we should expect a breakaway at some point. It usually goes on one of those mad runs but it's hard to say when it will happen. Only choice is to hodl and wait for it to happen, perhaps some major announcement will cause a surge in price
There are many who waits for ETH pump too, those who waits might sell right away, and that time might lead to price increase soon when all holders and ETH supporters hold longer.
hero member
Activity: 2926
Merit: 636
May 19, 2019, 07:44:28 AM
Ethereum is currently moving in line with bitcoin but we should expect a breakaway at some point. It usually goes on one of those mad runs but it's hard to say when it will happen. Only choice is to hodl and wait for it to happen, perhaps some major announcement will cause a surge in price
I am not expect a break away if bitcoin will not move first.
Maybe if bitcoin will suddenly rise to $10,000, then ETH might be seen at $500 or even more.
For now, I don't want to be assume, it's too early, I am more bullish in bitcoin than on any alts.
full member
Activity: 728
Merit: 103
May 19, 2019, 07:26:24 AM
Ethereum is currently moving in line with bitcoin but we should expect a breakaway at some point. It usually goes on one of those mad runs but it's hard to say when it will happen. Only choice is to hodl and wait for it to happen, perhaps some major announcement will cause a surge in price
sr. member
Activity: 2422
Merit: 343
May 19, 2019, 04:16:09 AM
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?
It is actually the time for ETH to move,  we saw big increase with BTC but it don't have a huge effect to the altcoins. This pumps will help to give courage to those ETH holder and they'll never be disappointed this time


This new pump might be one of the things that might continue to run in the future. maybe this could be the best point ethereum is in a good position in cryptocurrency
A lot of investors pushing bitcoin to move but not with Ethereum, this what it happen today and makes Ethereum feel bad if it's growing sentiment. But gladly and finally we are in the run now. Hopefully it could sustain until the end of this year or more.
sr. member
Activity: 1176
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May 19, 2019, 03:10:06 AM
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?
This new pump might be one of the things that might continue to run in the future. maybe this could be the best point ethereum is in a good position in cryptocurrency
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