Topic: BitMEX CEO: Ethereum ‘Will Quickly Test $200’ When ICO Market Returns (Read 679 times)
December 31, 2018, 06:49:24 PM
I doubt the ICO market will be how it used to be earlier, the shit ton of Scam's Ico's made that market to lost their credibility. It was a really nice idea but those scammers ruinned that all.
December 31, 2018, 06:15:08 PM
This guy is known for destroying the price of BTC and Ethereum, the exchange fund FUD article that crash the price of Ether, the double digit shitcoin article did great damage to the price of Ether, now calling for the price of Ether to pick up will be diffficult, it is easier to bring something down than to bring it up
And then ethereum has increased a lot of its price last week but he was not even mentioning it. The fundamental of market totally pegged to the speculators. FUD and bad news will give a bad impact on the market but the decision still depend on the speculators. Speculators have their goals set long before, so I do not think that information from such a person would have any effect on Ethereum's price. ETH is still dependent on BTC and if there are any minor differences, I doubt that this will happen on the basis of such information.
December 31, 2018, 06:07:18 PM
This guy is known for destroying the price of BTC and Ethereum, the exchange fund FUD article that crash the price of Ether, the double digit shitcoin article did great damage to the price of Ether, now calling for the price of Ether to pick up will be diffficult, it is easier to bring something down than to bring it up
And then ethereum has increased a lot of its price last week but he was not even mentioning it. The fundamental of market totally pegged to the speculators. FUD and bad news will give a bad impact on the market but the decision still depend on the speculators. 
December 31, 2018, 03:26:38 PM
This guy is known for destroying the price of BTC and Ethereum, the exchange fund FUD article that crash the price of Ether, the double digit shitcoin article did great damage to the price of Ether, now calling for the price of Ether to pick up will be diffficult, it is easier to bring something down than to bring it up
December 31, 2018, 09:54:24 AM
I think $200 can be retested even thanks to hard forks only.
Not sure why he's so sure the overinflated ICO market is ever coming back.
Maybe if a huge well-known corporation decides to gather ICO funds, we might see a revival.
But overall I'm pretty bearish on ICOs themselves.
Not sure why he's so sure the overinflated ICO market is ever coming back.
Maybe if a huge well-known corporation decides to gather ICO funds, we might see a revival.
But overall I'm pretty bearish on ICOs themselves.
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December 31, 2018, 08:20:07 AM
don't hope much for Ethereum price in 2019, if Ethereum hit price in $200 is just a bonus from market LOL
but i can't imagine about ethereum price in few year again especially after bitcoin halving in 2020
What do you mean by that? How are you so sure? Do you have a solid reference which is talking about ETH not to cross $200 in 2019? but i can't imagine about ethereum price in few year again especially after bitcoin halving in 2020
December 29, 2018, 01:35:13 PM
In my opinion, hitting $200 is a matter of time. Let the Bitcoin price to settle then all the other coins will find their way. I am even looking forward for ETH to hit $1200 again.
Looking at the volatility of crypto this can happen anytime.
This is definitely not going to happen until the end of 2019. Volatility is not so high right now and the bear market is very strongLooking at the volatility of crypto this can happen anytime.
I am curious to know your base by the way.
but i can't imagine about ethereum price in few year again especially after bitcoin halving in 2020
December 29, 2018, 01:31:27 PM
Two hundred dollars ethereum will already be in the first half of next year, but where it goes further is a very interesting question.
December 29, 2018, 01:17:00 PM
Just a few dollars before reaching $200 so it's really doable. Remember that there will be a upcoming fork, so I'm sure many will slowly invest on Ethereum to get those free airdrop coins. It's a fairly conservative estimates from Bitmex CEO but at least it's not a exorbitant numbers similar to what other so-called experts are predicting and it's achievable by all means.
December 29, 2018, 12:41:13 PM
unfortunately the ICO market will never return. as long as there is no change, people prefer not to invest. the problem at the moment, is that ico can't provide profits to its investors. regardless of the project it's good or scam, because when their token listing on the market the price will fall.
IMO, the only way that ethereum can return is to immediately release an update for POS. so there will be many people who will hold ethereum.
IMO, the only way that ethereum can return is to immediately release an update for POS. so there will be many people who will hold ethereum.
December 29, 2018, 12:34:07 PM
I do not think $200 is a high price for ethereum and eth will certainly reach the price again.
So i can well imagine that the prediction is correct.
So i can well imagine that the prediction is correct.
December 29, 2018, 12:29:34 PM
Thats will be really great, 200 is not the best price of course, but if ETH gets 200 the market will move little bit more interesting, as you can see with low ETH price ICO market looks not vey healthy right now, most of the projects are just waiting good market conditions.
December 29, 2018, 07:07:53 AM
that's very good news for us, I guess that can improve the mentality of ethereum holders. but in my opinion when that happens ethereum won't only have 200 $ maybe I hope it will be 1000 $.
December 29, 2018, 07:04:40 AM
The main question is not when, but IF.
I think so too. What's the matter to do an ICO if you are legit startup now? There are so many threats: bearish market, SEC, the absence of investors and many others. Why should we invest in ICOs, when every single token is below it's ICO price?
I think the ICO cycle is coming to an end. The success rate of projects starting with ICO funding is not very high. Approximately 2000 ICO completed the investment process. But the number of actually functioning projects is not even 1 in 10.
Different solutions can be mentioned in the market. Soon!
Different solutions can be mentioned in the market. Soon!
I think so too. What's the matter to do an ICO if you are legit startup now? There are so many threats: bearish market, SEC, the absence of investors and many others. Why should we invest in ICOs, when every single token is below it's ICO price?
December 29, 2018, 06:59:30 AM
Initial coin offerings (ICO) will return within “18 months” and Ethereum (ETH) will “rebound aggressively,” BitMEX CEO Arthur Hayes told Cointelegraph Japan Dec. 26.
BitMEX is a Hong Kong-based cryptocurrency trading platform that has become one of the largest trading platforms in the world by volume.
Speaking in an exclusive interview, Hayes forecast a return to form for 2018’s “dead” ICO markets.
“The use case for Ether is primarily ICOs. That market is dead right now,” he said, adding:
“Once there are new issues, then Ether will rebound aggressively. When the ICO market returns, Ether will quickly test $200. The timing of the ICO rebirth is 12 to 18 months out.”
Hayes made the comments following a now rare day of stability across cryptocurrency markets, with ETH/USD staying range bound within 1 percent of $129 after doubling in a week.
One of the top performers in the short term, the once-largest altcoin has seen losses of over 90 percent in 2018.
In the coming 12-18 months, however, Hayes first predicts stablecoins will have their time in the limelight before an ICO resurgence.
“Security tokens and stablecoins will prove attractive sirens for investors in 2019,” he continued, noting:
“While their fundamental raison d'etre is flawed, investors in this time of pain will latch onto anything they believe will be their ticket to easy riches.”
He did not elaborate on whether that market will implode like that of the 2017 ICO boom.
For Bitcoin (BTC), Hayes suggested a fairly small trading corridor for next year — between $1,000 and $10,000. Some sources have argued institutional investors engaging in Bitcoin through new financial instruments will take the price much higher.
Last weekend, Justin Sun, CEO of decentralized application (DApp) development platform TRON (TRX), claimed ETH was “slowly imploding.”
CT | https://cointelegraph.com/news/bitmex-ceo-ethereum-will-quickly-test-200-when-ico-market-returns
BitMEX is a Hong Kong-based cryptocurrency trading platform that has become one of the largest trading platforms in the world by volume.
Speaking in an exclusive interview, Hayes forecast a return to form for 2018’s “dead” ICO markets.
“The use case for Ether is primarily ICOs. That market is dead right now,” he said, adding:
“Once there are new issues, then Ether will rebound aggressively. When the ICO market returns, Ether will quickly test $200. The timing of the ICO rebirth is 12 to 18 months out.”
Hayes made the comments following a now rare day of stability across cryptocurrency markets, with ETH/USD staying range bound within 1 percent of $129 after doubling in a week.
One of the top performers in the short term, the once-largest altcoin has seen losses of over 90 percent in 2018.
In the coming 12-18 months, however, Hayes first predicts stablecoins will have their time in the limelight before an ICO resurgence.
“Security tokens and stablecoins will prove attractive sirens for investors in 2019,” he continued, noting:
“While their fundamental raison d'etre is flawed, investors in this time of pain will latch onto anything they believe will be their ticket to easy riches.”
He did not elaborate on whether that market will implode like that of the 2017 ICO boom.
For Bitcoin (BTC), Hayes suggested a fairly small trading corridor for next year — between $1,000 and $10,000. Some sources have argued institutional investors engaging in Bitcoin through new financial instruments will take the price much higher.
Last weekend, Justin Sun, CEO of decentralized application (DApp) development platform TRON (TRX), claimed ETH was “slowly imploding.”
CT | https://cointelegraph.com/news/bitmex-ceo-ethereum-will-quickly-test-200-when-ico-market-returns
I think the ICO cycle is coming to an end. The success rate of projects starting with ICO funding is not very high. Approximately 2000 ICO completed the investment process. But the number of actually functioning projects is not even 1 in 10.
Different solutions can be mentioned in the market. Soon!
December 29, 2018, 06:51:16 AM
Initial coin offerings (ICO) will return within “18 months” and Ethereum (ETH) will “rebound aggressively,” BitMEX CEO Arthur Hayes told Cointelegraph Japan Dec. 26.
BitMEX is a Hong Kong-based cryptocurrency trading platform that has become one of the largest trading platforms in the world by volume.
Speaking in an exclusive interview, Hayes forecast a return to form for 2018’s “dead” ICO markets.
“The use case for Ether is primarily ICOs. That market is dead right now,” he said, adding:
“Once there are new issues, then Ether will rebound aggressively. When the ICO market returns, Ether will quickly test $200. The timing of the ICO rebirth is 12 to 18 months out.”
Hayes made the comments following a now rare day of stability across cryptocurrency markets, with ETH/USD staying range bound within 1 percent of $129 after doubling in a week.
One of the top performers in the short term, the once-largest altcoin has seen losses of over 90 percent in 2018.
In the coming 12-18 months, however, Hayes first predicts stablecoins will have their time in the limelight before an ICO resurgence.
“Security tokens and stablecoins will prove attractive sirens for investors in 2019,” he continued, noting:
“While their fundamental raison d'etre is flawed, investors in this time of pain will latch onto anything they believe will be their ticket to easy riches.”
He did not elaborate on whether that market will implode like that of the 2017 ICO boom.
For Bitcoin (BTC), Hayes suggested a fairly small trading corridor for next year — between $1,000 and $10,000. Some sources have argued institutional investors engaging in Bitcoin through new financial instruments will take the price much higher.
Last weekend, Justin Sun, CEO of decentralized application (DApp) development platform TRON (TRX), claimed ETH was “slowly imploding.”
CT | https://cointelegraph.com/news/bitmex-ceo-ethereum-will-quickly-test-200-when-ico-market-returns
BitMEX is a Hong Kong-based cryptocurrency trading platform that has become one of the largest trading platforms in the world by volume.
Speaking in an exclusive interview, Hayes forecast a return to form for 2018’s “dead” ICO markets.
“The use case for Ether is primarily ICOs. That market is dead right now,” he said, adding:
“Once there are new issues, then Ether will rebound aggressively. When the ICO market returns, Ether will quickly test $200. The timing of the ICO rebirth is 12 to 18 months out.”
Hayes made the comments following a now rare day of stability across cryptocurrency markets, with ETH/USD staying range bound within 1 percent of $129 after doubling in a week.
One of the top performers in the short term, the once-largest altcoin has seen losses of over 90 percent in 2018.
In the coming 12-18 months, however, Hayes first predicts stablecoins will have their time in the limelight before an ICO resurgence.
“Security tokens and stablecoins will prove attractive sirens for investors in 2019,” he continued, noting:
“While their fundamental raison d'etre is flawed, investors in this time of pain will latch onto anything they believe will be their ticket to easy riches.”
He did not elaborate on whether that market will implode like that of the 2017 ICO boom.
For Bitcoin (BTC), Hayes suggested a fairly small trading corridor for next year — between $1,000 and $10,000. Some sources have argued institutional investors engaging in Bitcoin through new financial instruments will take the price much higher.
Last weekend, Justin Sun, CEO of decentralized application (DApp) development platform TRON (TRX), claimed ETH was “slowly imploding.”
CT | https://cointelegraph.com/news/bitmex-ceo-ethereum-will-quickly-test-200-when-ico-market-returns
Well thats too conservative speculation! But ethereum is already prove its place in Crypto-Space when it reach All time High price @ $1200+ and i believe that it was highly possible to surpassed that ATH record in the coming months if the market condition in 2019 will improve will thats only my positive speculation and the results may differ.
December 29, 2018, 06:24:02 AM
I think that Ethereum will be able to break the resistance line of $ 200 faster. Only the output of Constantinople will be able to make Ethereum grow to $ 200, and if the ICO market revives, the Ethereum will grow faster.
Yes Ethereum is like the first domino in this market. If his price falls, they all fall. The real problem here is that Ethereum is also affected by the bitcoin price. If this were not correlated, this market could have come to better places.
December 29, 2018, 06:21:59 AM
Every green day in the market Ethereum rise around 13-20%, but it is always followed by big dump, so it is hard to attack 200$ level for Ethereum, when market is still bearish.
December 29, 2018, 06:18:13 AM
I think ethereum will return to 200 faster as he suggests. I am bullish on ethereum and to my mind there is potential for fast growth withing 2 months!
legendary
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December 29, 2018, 06:10:59 AM
In my opinion, hitting $200 is a matter of time. Let the Bitcoin price to settle then all the other coins will find their way. I am even looking forward for ETH to hit $1200 again.
Looking at the volatility of crypto this can happen anytime.
This is definitely not going to happen until the end of 2019. Volatility is not so high right now and the bear market is very strongLooking at the volatility of crypto this can happen anytime.
I am curious to know your base by the way.
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