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

glerand

member

Activity: 100

Merit: 10

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

Quote from: glerand on October 07, 2016, 05:06:02 AM

Quote from: isamamin on October 03, 2016, 10:07:32 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

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

Quote from: glerand on October 07, 2016, 05:06:02 AM

Quote from: isamamin on October 03, 2016, 10:07:32 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

legendary

Activity: 3010

Merit: 1460

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

member

Activity: 100

Merit: 10

Quote from: isamamin on October 03, 2016, 10:07:32 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

sr. member

Activity: 263

Merit: 250

semux

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

Shiroslullaby

sr. member

Activity: 434

Merit: 250

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

member

Activity: 100

Merit: 10

Quote from: tokeweed on September 22, 2016, 06:21:42 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

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

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

hero member

Activity: 546

Merit: 500

Buy on RUMOUR, sell on NEWS

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

glerand

member

Activity: 100

Merit: 10

Quote from: uN-ann on September 18, 2016, 11:46:13 PM

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

member

Activity: 109

Merit: 10

Official Avalon Team

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

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

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

mining1

hero member

Activity: 532

Merit: 500

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

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

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

full member

Activity: 196

Merit: 100

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?

Topic: ETH : Devcon 2 and it's effect on Ethereum Price (Read 1699 times)