Topic: ETH, road down to $50? - page 6. (Read 12466 times)
Even Vitalik Buterin said at some point that Ethereum was never meant to be a store of value in which people would put tons of money and see it grow, because it just lacks the characteristics of what ham,es a good store of value. He didn't even expect it to go much beyond $7 or so. The whole Ethereum thing is a big clusterfuck waiting to collapse. It doesn't really sale, the blockchain that they use it's cluttered with trash (this is why we need a fee market) etc. Money is not a turin complete world computer, that is the last thing you want for a solid store of value.
this week if it comes down it seems to touch the $ 150 number, and I will buy a little at that price
As Alex said I believe alot of the reason price of Ethereum drops is because ICO's sell of ETH to further project development. Somewhere I seen a chart once that had all the calculations of current ICO's and ETH brought in. If I can ever find it again I'll post it but it's hard to say if Ethereum will ever drop below $100 again.
Nothing is impossible for price dump in crypto market so there is always a chance that Ethereum might go down to $50 but on the other hand, i have this biggest doubt that it will never touch $50 because there are millions of investors who are also bullish to buy Ethereum just like the demand on bitcoin. Well, if ethereum will go down to $50, i am pretty sure that all erc20 tokens will also be dumped hard. I will put all my money on my bank account of ethereum will go down below $50 and hide it to my hardwallet.
too much ethereum comes out and few defend it.
Ethereum serves as a platform through which people can use ether tokens to create and run applications and, more importantly, smart agreements. A great example is renting a car through an application that uses Ethereum. It's more than a token in my opinion that the value should exceed $ 1,000
After seeing what happened right now, it's hard to say what could be the right value and how deeper ETH can go, if that speculations happen then I'll be more than willing to buy more for that cheaper value, maybe this really creating panic to those who are still holding at large, they are been moved by the situations and doesn't seen any clear path where the market for ETH is heading, let see in coming days or months if this speculation will happen.
This will kill so many good projects and team which used Etherium platform.
I do not believe that the ethereum will drop to $ 50. If it happens - I'll take a loan and buy all the money for the ethereum
with the other commentators that its total supply must certainly be capped to retain its intrinsic value despite the extreme bearish sentiments.
If we talk about ETH down, it is true that ETH will go down. All of this is due to the genius of ETH (Vitalik) who has moved to handle ETC today. But, ETH will not fall to that depth. I'm sure if ETH falls to $ 50, people will leave.
I expect ETH will remain at the current price until the end of this year, it is the Chinese market that has kept ETH prices so far, no less or more.
I expect ETH will remain at the current price until the end of this year, it is the Chinese market that has kept ETH prices so far, no less or more.
I don't think Ethereum's price will be lower than $ 200, the price of the bitcoin has to be very drop, so that the ethereum price of $ 50 to go down, i hope we do not see such a market.
When you invest in eth, you are investing in more than a crypto.
It seems to me that in the bull market Ethereum price will return to its previous price records.
Because the control of developers and big investors, combined with the help of people, eth still maintained at a very good price, the opportunity for it to go down to a lower price is almost impossible, $170 is probably the last wall to stop this collapse. ETH will not allow its value to be lower than that price, it knows if it breaks that price, it will have no way back, and not just it, the whole market will be pulled down along with it, unless the market goes to the bottom of development, this means a complete collapse, otherwise we will never see $50 / ETH.
I hope the price of Ethereum stop going down. So many panic sellers, but I am trying not to panic. Just hold and wait.
I think the real value of ETH is around 100$. You are right, the total supply of ETH is increasing every day and it is infinite. That means ETH will never rise in the future and when the bear market is too strong, ETH is the most hurt. And now ETH is on the way down my target
I really do not want to believe that Ethereum can fall to$ 100, on the other hand it can be considered as a positive thing. All those who have not bought coins before will be able to buy them now.
Ethereum declines in price these past weeks, but it's not alone. Almost all coins are declining including bitcoin.
in my opinion the real value of it is visible on ETC so ETH should also be wort the same or at least near that price which is why $50 was my choice.
Anyway, I'll be sure to buy lots of ETH if it ever gets to $50 as I believe in ETH future and its solid foundation as well as how famous it is.
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