ETH correction? - page 2. | Bitcointalksearch.org

Jating

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Quote from: Zendalet on December 13, 2017, 08:03:17 PM

A couple of Swiss banks are interested in using Ethereum's blockchain for verifying data from other banks. This is probably pushing the price up.

I read somewhere that UBS if I'm not mistaken is really keen on using ETH based application so like in bitcoin, this positive news brough revitalizing force and renewed interest on ETH once more. The price is breaking all-time-high. One thing though I question is the sustainability of this coin. Comparable in around May-June this year, it went as high as too challenge bitcoin supremacy, however the hype just died down without anyone noticing it.

https://cointelegraph.com/news/ethereum-surges-past-600-on-ubs-announcement-of-ethereum-based-initiative

For me this coin should be trading today above $1K with all this news coming around. But it prove me wrong in my prediction that it will not higher that $500 this month. It already surpasses $600 at the moment, so there's a opportunity to make here in the price would touch $1K next year. Let us see how everything pans out for Ethereum and solidify itself as the #2 cryptocurrency today.

Zendalet

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A couple of Swiss banks are interested in using Ethereum's blockchain for verifying data from other banks. This is probably pushing the price up.

oegarod

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Quote from: gon on December 12, 2017, 07:18:34 PM

Quote from: Baka01 on December 12, 2017, 05:01:41 PM

ETH jumped to almsot 700$ today , will it get a correction and go back to 500-550$ in the next few days?

ETH satoshi value is still very low. My prediction is that ETH will hold at least the $600 level and we could see even 800-900 in just few days.

Yes, there is no need of a price correction. I expect the price to increase gradually and will reach $1000 soon before the year end. This could continue further, and reach price barriers that were set on the path. Another reason for growth to happen is that the upcoming year is expected to be the year of altcoins along with bitcoin.

deddod

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I think the ETH price will stay at $ 700 or maybe it will rise again to $ 1K.
I bought some ETH I hope luck.

gon

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Quote from: Baka01 on December 12, 2017, 05:01:41 PM

ETH jumped to almsot 700$ today , will it get a correction and go back to 500-550$ in the next few days?

ETH satoshi value is still very low. My prediction is that ETH will hold at least the $600 level and we could see even 800-900 in just few days.

MacXA

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Quote from: coinporch on December 12, 2017, 06:55:00 PM

just a little corrections i think,
because, in my predictions the price of ethereum will go to $1000 before new year Wink

i hope i'm right Wink

Yes

Totally agree, I think go up to 1000 - very little left and after - correction to 700$

Pasnik

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Quote from: coinporch on December 12, 2017, 06:55:00 PM

just a little corrections i think,
because, in my predictions the price of ethereum will go to $1000 before new year Wink

i hope i'm right Wink

There are many prediction of ethereum that it will be boom next year. Possible a correction happen but I think it will stable at the moment and will increase suddenly. Well I also hope next year is the year for ethereum.

Zendalet

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Quote from: Baka01 on December 12, 2017, 06:29:03 PM

Quote from: Zendalet on December 12, 2017, 06:25:41 PM

In my opinion it's strange to talk about a correction when most altcoins have been dropping by 50% against Bitcoin. So what if Ethereum went up by 24% in day? It has fallen by 80% since June! It has to increase with 400% to make that up.

It has fallen by 80% since june , yes ofc.. almost reached 700$ but it has fallen by 80% since june

Before you attempt to be sarcastic read what I post. Ethereum was 0.151 BTC in June. Earlier today it was 0.028 BTC. That is a decrease of 81%.

If you are still thinking in dollars instead of Bitcoin you should go back to fiat land and play with paper IOUs instead.

coinporch

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just a little corrections i think,
because, in my predictions the price of ethereum will go to $1000 before new year Wink

i hope i'm right Wink

ajiejot

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Quote from: Matimtim on December 12, 2017, 05:20:45 PM

Eth is the son of bitcoin, has good value and we can earn big amout of money, in the way of holding big amount of eth but alway remember, eth is a form of digital currency and has a possibility to change its price day by day so, the only things that you need to do is convert it, in to bitcoin If eth price is very high to have big amount of bitcoin.

Yeah. I believe on this, ETH is the son of bitcoin or will be the next bitcoin? Ethereum platform has very great projects, specially the smart contracts project of ethereum. For me, it can make correction around 500$ but if the bitcoin will dump, maybe altcoins including eth will also dump.

zorranco

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Quote from: Zendalet on December 12, 2017, 06:25:41 PM

In my opinion it's strange to talk about a correction when most altcoins have been dropping by 50% against Bitcoin. So what if Ethereum went up by 24% in day? It has fallen by 80% since June! It has to increase with 400% to make that up.

It's sooo easy to understand Grin

A lot of coins are almost at ATL vs BTC....huge room to grow!!

Baka01

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Quote from: Zendalet on December 12, 2017, 06:25:41 PM

In my opinion it's strange to talk about a correction when most altcoins have been dropping by 50% against Bitcoin. So what if Ethereum went up by 24% in day? It has fallen by 80% since June! It has to increase with 400% to make that up.

It has fallen by 80% since june , yes ofc.. almost reached 700$ but it has fallen by 80% since june

TimtheYoutuber

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Nothing has changed tech wise so I was very surprised to see the huge increase, I am looking to buy some more but I will need to wait for it to come back down.

Zendalet

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In my opinion it's strange to talk about a correction when most altcoins have been dropping by 50% against Bitcoin. So what if Ethereum went up by 24% in day? It has fallen by 80% since June! It has to increase with 400% to make that up.

angaper

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Quote from: Baka01 on December 12, 2017, 05:01:41 PM

ETH jumped to almsot 700$ today , will it get a correction and go back to 500-550$ in the next few days?

In fact the whole market seems to be euphoric this day and I see many coins that have achieved an impressive performance today, so I see very likely that once the euphoria of today is exhausted, ethereum and all other altcoins will experience a considerable correction in the coming days. In the case of ethereum, I would probably expect a correction of 20%, which would imply a return to the $ 450-480 level, approx.

zorranco

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ETH is going to explode in any moment, lol

Of course there will be a correction, but it will be at 1.000 Cool

beskid

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Is there a correlation between the price increase and the fact that the miners increased the capacity of the Etereum network? In the end, the gas limit is growing now!

go4crypto

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ETH has already stayed low for a long time while Bitcoin has gone up so much. It is now Ethereum's
turn to rise. Hard to tell when and from what price it will have next correction.

Youghoor

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I dont get it, the price was less than $430 by yesterday, why didn't you buy before? you are just waiting for a correction and no one can be sure if that is really going to happen.

Just stop wishing to see a correction, a lot of people have been waiting to see a new dip to buy btc/eth/ltc/xmr and a lot of altcoins, but they are just missing the opportunity.

Dont be a fool, if you want to buy ethereum, buy now, because you will regret later when you realize that it the price could be worth more than $1,000 in just a few days.

Snaic

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Ethereum has been too undervalued before that, and so I hope that he will continue to grow in price before he goes to correct his course. Maybe the increase in the cost of ETN is affected by the announced decision to hold two of its hard plugs and, by analogy with bitkoynom people buy it to have separated coins from it. True, the need for such forks is doubtful, so they try to solve the problem with stuck coins.

Topic: ETH correction? - page 2. (Read 596 times)