ETH : Devcon 2 and it's effect on Ethereum Price

glerand

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Quote from: jacaf01 on October 07, 2016, 08:22:44 AM

Quote from: glerand on October 07, 2016, 06:06:02 AM

Quote from: isamamin on October 03, 2016, 11:07:32 AM

So do you think the Eth will stay in the current price level? ( well-considered the end of the Pow ).

There is no big good news or bad news to drive the Ethereum price either way. So it will stay at current range.

I can see a drop in price with time especially around December when investors will be taking stock of their portfolio and again the on going spam attack is really reducing investors trust per day

That could happen if the investors want to take profit. The price of the Etheruem has risen a lot since January.

jacaf01

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Quote from: glerand on October 07, 2016, 06:06:02 AM

Quote from: isamamin on October 03, 2016, 11:07:32 AM

So do you think the Eth will stay in the current price level? ( well-considered the end of the Pow ).

There is no big good news or bad news to drive the Ethereum price either way. So it will stay at current range.

I can see a drop in price with time especially around December when investors will be taking stock of their portfolio and again the on going spam attack is really reducing investors trust per day

bbc.reporter

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It is almost a month after Devcon 2 and nothing is happening with the price of ETH. So this concludes that there is no effect on the price despite the good presentations done in Devcon 2. The more encouraging signs for Ethereum would be the millions of $ that are now in the platform because of the success of 2 or 3 Ethereum based ICO.

glerand

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Quote from: isamamin on October 03, 2016, 11:07:32 AM

So do you think the Eth will stay in the current price level? ( well-considered the end of the Pow ).

There is no big good news or bad news to drive the Ethereum price either way. So it will stay at current range.

isamamin

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semux

So do you think the Eth will stay in the current price level? ( well-considered the end of the Pow ).

Shiroslullaby

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ETH seems pretty stable at this point.
The fact that Coinbase has started to accept it probably means it will be around a while, I think.
Once a big company accepts a coin I think that's the first major step to becoming a legitimate payment option.

glerand

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Quote from: tokeweed on September 22, 2016, 07:21:42 AM

I tried shorting ETH twice because my 'signals' were hit, but both trades were unprofitable. ETH has shown quite a bit of resilience despite all the negative press and the challenges that the Ethereum Foundation has gone through after the DAO hack and the hard fork. So recommending getting a short position on ETH might not be good advice at this point.

That is right. The Monero and Rippple price has dropped a lot recently. But the Etheruem price is still very strong.

tokeweed

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I tried shorting ETH twice because my 'signals' were hit, but both trades were unprofitable. ETH has shown quite a bit of resilience despite all the negative press and the challenges that the Ethereum Foundation has gone through after the DAO hack and the hard fork. So recommending getting a short position on ETH might not be good advice at this point.

dranster

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Buy on RUMOUR, sell on NEWS

Now that devcon is over, time to short the crap out of ETH

glerand

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Quote from: uN-ann on September 19, 2016, 12:46:13 AM

Devcon 2 is underway and the price hasn't done anything I would label drastic. Perhaps it was priced in.

It is possible that the big whales are just accumulating the Ethereum. So they suppress the price to get more.

uN-ann

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Devcon 2 is underway and the price hasn't done anything I would label drastic. Perhaps it was priced in.

Minecache

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We've got a lot of exciting stuff lined up for ETH at DEVCON2.

mining1

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It's gonna be minimum 15$ after the devcon, most likely in ~20$ range.

amacar2

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May be price will get dumped just like the way it had in past when vitalik sold his 25% of holding for world tour and to cover last blockchain consensus expenses. They may dump even large for this event too, i am thinking to open shorting order on margin.

cryptogasm

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With the first Ethereum Foundation event in Asia, Devcon2 (September 19, 20, 21) will be a featured conference at the International Blockchain Week in Shanghai by Wanxiang Blockchain Labs, the host organization in China. How do you think the price is going to be affected?

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