Topic: Can ETH make everyone poor? ETH price at $300 again soon? ETH bubble popping? - page 3. (Read 992 times)

Try again:
If/when a better ICO/bubble machine takes over, then ETH will potentially crash by over 90% of current prices.
Do you understand now?

Hawaii, you're forgetting one important thing. Whilst you might be right about ETH itself not needing the high valuation it currently has, ETH is essential in order to invest in most of those "moon mission" coins/tokens you are referring to. You need to buy ETH to purchase them, or ETH to use gas to transfer them. This is what creates its demand.

Of course when the price of a coin grows so much so fast, there is always a certain possibility that it comes down almost as fast. Much of the short term destiny of Ethereum will depend on how Bitcoin will behave in the coming days or weeks though.

Eth is infrastructure coin. It will not have x10 or x50 in a month or year. It has steady growth. We live in Eth and invest in it.  Currently there are no great competitors to Eth.  Maybe neo,  qtum... That's why people pay.  They pay for it as utility not investment.

No....it is not like that.
there is many reason why ETH price is getting higher

1. because many people buying ETH for ICO. there is a lot of ICO going on nowdays and a lot of new project are using ETH network.

2. because ETH is the second alternative for buying any altcoin in cryptocurrency market and a major pair for buying any token in ETH

3. because ETH tx cost much more cheaper than BTC and much more faster.

4. because many big company project prefer to use smart contract rather than making new Coin which has it is own blockchain

etc...

I believe ETH still can rise more until the big problem come (SCALABILITY) just like bitcoin.

i already give you some of my knowledge. you can thanks to me with some merit

when ETH is going down badly. ALL of HIS TOKEN is going suffer aswell.
your thinking is not make anysense


 

Always goof to hold some ETH and invest the rest into ITC. This one is very underrated and bullish at the moment. Known as the IOTA of china. https://coinmarketcap.com/currencies/iot-chain/

ETH is a giant bubble machine, when the bottom 50 of the top 100 coins all fade away, another 50 are rising to temporarily take their place. If/when a better ICO/bubble machine takes over, then ETH will potentially crash by over 90% of current prices.

ETH price wont drop  to $300 again except if something went wrong on their network. ETH will keep increase in value because it has real life use.
speaking about the smart contract features. Many Dapp will deploy more project on their network and that will keep driving the value up.

What would ETH pop?  Ethereum is one of the few coins out there being widely used for its intended purpose.  I mean, the whole market could pop, but I don't see anything particular about Ethereum that makes me think it is going to under perform the market.

it could happen considering that there are many other enctipiton plattforms in existance (waves, neo, more will come since ethereums speculations attracted many programmers,)

people are quite blended by vitalik buterin, ethereum is a highly personified system and those systems arent necessary as stable as the speculants think, the overhype is the fault of the speculants they get poor buterin is not responsible for this, it will be better for him if ethereum would be at 300 usd the plattform is then cheaper to use and more competitive with waves or neo, the speculants are alone on this.

if you observe for example waves or neo which are alternative encription plattforms to ethereum, you clearly can observe that they outperforms the market, and ethereum, this reafirms my suspicion of ethereums overhype that speculants caused

You need to be naive enough to think that these shitcoins (Waltonchain, IOStoken, Metaverse, Vechain, Raiblocks, etc.) can represent a better investment than ethereum. It is clear that your main motivation to invest in this market is to obtain easy and quick profits, and perhaps in that case it is valid to speculate with those small coins that you mention, but for serious and professional investors, none of these shitcoins offers the potential which has ethereum as a reliable long-term investment.

Some one needs to be tutored on what is the meaning of scam/fraud, A, B, C of investing and crypto in general.

i shake my head to the person who created this thread.

Hello author! I don't agree with you at all! Before I answer I want ask you somebody force you to buy ETH here? For me for example its too low price because I am not agree about BTC = 20.000$ - ETH is 1.000$! Ethereum and another alts have a lot of technical problems! I am agree but situation will change soon because people in crypto don't want loose their money because of crypto kitties, high taxes and slow transactions! Please read Vitally page or reports and you can make an analyze! If you are not just a hater) By the way we have choose buy or not.

Ethereum is the most stable coin in the market,that's why people invest in it!

Because its promising. ETH can possibly be like what bitcoin have achieved. Your "expensive eth @ 1k" can be 11k in a few months and those "stupid people" will be richer.

i can see where you are coming from. but have you really thought this thru? for one, everyone who bought ETH when it was $1400 for a short time lost money. all those who bought eth for $1 are happy and keep pushing it. so is this a scam for you? if the people who bought it for $1 want more and more people to pay $1400 for it? i do think it is.

see something as spacechain. barely anyone knows what it is. it got the qtum founder on board, the founders of badu, hotmail and skype. its got a spacex investor on board also. they are all team members. not just investors. nobody ever so far paid more than $0.40 for spacechain. just like eth back in the day.

now people call spacechain a scam because its new. because its not big yet. because they cant find a whitepaper. because they dont trust their own self as most rather invest in something big that everyone keeps praising. but who are the people that got rich with eth and bitcoin? those who bought it where spacechain is now. those who bought it when nobody knew if it will be a success. eth got hacked! they still bought it. and held it. and now they can pull out millions while sad people get ripped off paying $1400 for 1 eth.

so who is the smart investor? the one who buys things cheap? or the one who buys thinks expensive & late? .....

sure not everyone can be a visionaire and see the potential of a new coin. but its always in history these people who make the fortunes.thats a part of the reason why in the world so few people are rich. why all the people getting into eth too late will lose a lot of money. there will be better products than eth. better teams. better visions. better technology. nobody knows what it is yet. but buying into something that is currently valued at a 100 billion dollars is basically the dumbest thing you can do in an always changing market as crypto. out of 20 new projects i invested in not every one went x20 or x50. but some did. none lost me any money at all because i bought cheap.

eth? you simply wont get the x20 or x50. so why risk your money in eth?!

The Altcoin niche' is filled with money going in 365+ days in a year, the price is not going to get stable.

I think the whole thing is that people are looking for a currency that is stable, because when everything falls, the etherium does not fall so much like the rest of the coin. But I agree with you that it is better to buy cheaper coins, to risk but to earn a lot more

I agree that ETH seems a little overpriced for now, and that the much more cheaper other altcoins have a lot more potential to go x50, but calling ETH a scam seems totally nuts. It has a solid platform and a bright future, I believe.

Eth is a good coin but we must be accept that this price will correct just like bitcoin and of course bounce back after the dump. This is not a scam, you’d better make time to study more about cryptocurrency. Only those with a great technology will pump higher this year and it includes eth.