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Topic: Can ETH go back to $5? I mean its a FRAUD, whenever Bitcoin goes up, ETH goes up (Read 485 times)

member
Activity: 210
Merit: 12
You already know that altcoins depends on bitcoin so why are you telling that eth is fraud? Eth already proved its worth and capabilities for the past 3 years and still a lot of ico's are depending on them so it's not near in reality that eth will go back to $5.
newbie
Activity: 238
Merit: 0
Eth for $5 i think its can't back with thats price.because if price will back at $5 the market will lost of investor.many project now pay with eth or bitcoin so its very difficult
member
Activity: 96
Merit: 10
Eth is like a container, which can hold a variety of tokens, and btc does not have this function, so I still optimistic about eth,but I don't think eth value can surpass btc valuation, furthermore,it is not easy to keep the second position in cryptocurrency market .
member
Activity: 232
Merit: 10
The value of Ethereum lies in its existing customer base. Currently 80% of the coins in the market are attached to the Ethereum. Although there are a lot of competitors now, they also need time to accumulate customers!
jr. member
Activity: 546
Merit: 4
I also think like that, where the price of bitcoin rises, then ethereum prices will rise too. I am sure that the fall in the price of the big altcoin will not be that low, as far as I know it is only up to 60% of the peak price. Even though traders assume that the altcoin charts are decreasing longer indicating the fall of the altcoin reputation, there are also many experts who deny it, so in my opinion the altcoin will remain an altcoin at the biggest price.
legendary
Activity: 2674
Merit: 1226
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Bitcoin doesn't prove anything with alts, nor does it disprove anything. It just works for itself. Very few alts can be said to stand on their own as a currency (don't forget that's what they are, coins, tokens, cryptocurrency), so it's quite natural they all follow Bitcoin's movements. As much as I dislike ETH, I have to admit at least it has found a separate use, smart contracts and dapps. Just of course these dapps aren't useful yet but this isn't to say they won't be useful one day.
hero member
Activity: 924
Merit: 500
Bitcoin is already getting back its marketshare. ETH has been around a long time and not been able to replace bitcoin at all. There is now many projects that can do what ETH can do but they are cheaper. So ETH is 100% a bubble making those still rich who bought it for $5 and below last year and the year before. I see nothing that would even closely suggest 1 ETH is worth $300. While Bitcoin IS WORTH WHAT IT IS because its the first, everyone knows it, and because ALL THE ALTCOINS still depend on Bitcoin ONLY.

So the difference between ETH and cheaper altcoins is, some of the cheaper altcoins still have POTENTIAL while ETH is way too overpriced already.

Thoughts? I would love to see some REAL reasons that explain why ETH still is good, why it will be bigger than Bitcoin (and not rise and fall with Bitcoin anymore). But I frankly dont see it.
I do not think that Ethereum is undervalue, think about how many ICOs are based on Ethereum? Yes this is an example of real use, we need Ethereum Wink.
member
Activity: 173
Merit: 10
Ethereum will not return to $5. He is not a fraud, but there are many fraudulent projects that use Ethereum. All coins in the cryptocurrency are followed by the growth of bitcoin.
legendary
Activity: 1568
Merit: 1041
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How exactly is Bitcoin going up making ETH go up a fraud? It just means that there's more money in the market for both coins to move. Why on earth would you think that this is fraud in some way? When the market cap goes up, just about everything ends up going up in price.
full member
Activity: 532
Merit: 103
Personally I don't think that Ethereum can go back to 5$, but I agree that it will fall hardly in the future. According to technical analysis it can fall under 200$ by the summer of the next year.
hero member
Activity: 2884
Merit: 794
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Bitcoin is already getting back its marketshare. ETH has been around a long time and not been able to replace bitcoin at all. There is now many projects that can do what ETH can do but they are cheaper. So ETH is 100% a bubble making those still rich who bought it for $5 and below last year and the year before. I see nothing that would even closely suggest 1 ETH is worth $300. While Bitcoin IS WORTH WHAT IT IS because its the first, everyone knows it, and because ALL THE ALTCOINS still depend on Bitcoin ONLY.

So the difference between ETH and cheaper altcoins is, some of the cheaper altcoins still have POTENTIAL while ETH is way too overpriced already.

Thoughts? I would love to see some REAL reasons that explain why ETH still is good, why it will be bigger than Bitcoin (and not rise and fall with Bitcoin anymore). But I frankly dont see it.
I agree with the fact that ethereum is never going to surpass bitcoin and I also agree with the fact that there are many coins that are appearing and that I think are better than ethereum and that can give you bigger profits and that have better prospects in the future than ethereum, but it is going to take some time before we see a change, ethereum is still a massive coin composed of hundreds of smaller coins that are devised to run above its platform.
legendary
Activity: 1386
Merit: 1020
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Bitcoin is already getting back its marketshare. ETH has been around a long time and not been able to replace bitcoin at all. There is now many projects that can do what ETH can do but they are cheaper. So ETH is 100% a bubble making those still rich who bought it for $5 and below last year and the year before. I see nothing that would even closely suggest 1 ETH is worth $300. While Bitcoin IS WORTH WHAT IT IS because its the first, everyone knows it, and because ALL THE ALTCOINS still depend on Bitcoin ONLY.

So the difference between ETH and cheaper altcoins is, some of the cheaper altcoins still have POTENTIAL while ETH is way too overpriced already.

Thoughts? I would love to see some REAL reasons that explain why ETH still is good, why it will be bigger than Bitcoin (and not rise and fall with Bitcoin anymore). But I frankly dont see it.
Anything can happen into this crypto space where a certain coin could possibly overtake bitcoin when it comes to popularity and market share but as we do see on current situation BTC is still on the top. If ETH is way too overpriced then why its still on 2nd spot? I'm not seeing ETH is just a useless coin just like on most tokens in the market which doesn't really have a worthy feature that you can rely or would really be worthy to invest.
full member
Activity: 406
Merit: 102
Eth was at $5 really but it is not a legit reason to see it as a bubble or fraud, you can't compare ethereum with shit tokens. While building the token market it have must risen like this.
sr. member
Activity: 1176
Merit: 252
Futurov
Most altcoins follow Bitcoin price, this is normal and it doesn’t prove ETH is a fraud.

It is unlikely for ETH to go to $5, I don’t even think it will go to $100.

Yes, bitcoin price is affected most of altcoins in the market.

in my opinion, everything is possible in crypto industry,,
And there is no one know what will happend on cryptoworld in the future,,
But, seems it hard to be true if ethereum price will be back to $5
hero member
Activity: 1386
Merit: 504
Last few days bitcoin and all the cryptos dumped in the market. Hence you need to check the perfect which grow bigger in the market and invest on it accordingly. ETH also one of the potential coins to grow bigger in the market.
So I suggest you to invest on this coin boldly. You will never find the problem because of them. I suggest you to check the coinmarketcap if you want to earn with your investment.
Its better to enter when the market is at red, and figure it out with your analysis and instinct if the market of eth will recover in that price. Its okay to hold the top 10 coins for sure it has a strong support that can hold its price from worst dumping. Eth habe a good long term solution and of course it price when the market goes up.
hero member
Activity: 966
Merit: 513
Last few days bitcoin and all the cryptos dumped in the market. Hence you need to check the perfect which grow bigger in the market and invest on it accordingly. ETH also one of the potential coins to grow bigger in the market.
So I suggest you to invest on this coin boldly. You will never find the problem because of them. I suggest you to check the coinmarketcap if you want to earn with your investment.
newbie
Activity: 20
Merit: 0
It's too popular to fall this low. even 2 digit price is not possible in my opinion. Lot's of applications are built on it.
member
Activity: 812
Merit: 10
https://hovr.site/
We can build projects on ETH and it is not just transferring money coins. So I think $5 is a far low goal for a projects like ETH. Though it can't replace BTC now it's still better than BTC technology wise.
It all depends on the case and I think there is a huge probability of market turning to ethereum is not possible that bitcoin continue to dominate the whole scenario
hero member
Activity: 2884
Merit: 579
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Ethereum will never fall below 200$, and it will not happen for several reasons.
I wouldn't be confident saying that it will never fall to $200. This is a crypto market and everything's possible, highs and lows are there and volatility makes it possible for everything.

First, large companies have already concluded contracts with Ethereum and implement it in their projects.
And not only large companies are concluding smart contracts but also it's being used by scam projects.

Secondly, the development policy of this company is completely open to all investors, which makes the company even more attractive for investors.
It's also open to everyone to use that contract which makes every single person to conduct their own ICO and it results to majority of those aren't reliable.
newbie
Activity: 94
Merit: 0
Do you really consider ETH falling down to $5? I think there are too much projects already implemented or connected with Ethereum. Besides that, the foundaiton is working hard on the development of this platform.
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