Personally, I don't currently see anything special happening to ETH this month or next. The fact is that it is stupid to expect growth from ETH now, since the situation in the world is only getting worse, which means that markets, like the crypto market, cannot go up, except perhaps down, or in extreme cases, there may be calm in the market. So my mood for ETH in December remains optimistic and I believe that the price of ETH will still be at approximately the same positions.
I think the world situation doesn't fully influence the development of ETH. If the team wants to develop ETH, they can do it at any time. If ETH has no significant improvement now, it is because Vitalik has no strong efforts to develop it. I know Vitalik and the team already made a certain program or plans to improve it. Unfortunately, it doesn't impact massively in ETH price movement, they even look like no influence. Even worse, Vitalik and the team seem not really care about it. So, it is impossible if we expect something big to happen in ETH in the near future.
Topic: ETH Sentiment Poll for December (Read 326 times)
it's been several years I only believe in the first asset bitcoin and the second asset ethereum, for me both bring good luck.
for now it is possible that the price is still not at the bottom and there will be a more bottom price in the coming 2023. but even though it hasn't reached the lowest price yet I have started bringing ethereum in my bag for me to collect.
because I believe that bitcoin and ethereum will always provide high value when the time comes.
well like what we all started , believing only in top 5 coins or at least the top 2 coins like what you mentioned? Mine in the past is Bitcoin , Ethereum and NEO in which I only believe back in the days lol.for now it is possible that the price is still not at the bottom and there will be a more bottom price in the coming 2023. but even though it hasn't reached the lowest price yet I have started bringing ethereum in my bag for me to collect.
because I believe that bitcoin and ethereum will always provide high value when the time comes.
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and I speculate the lowest price of ethereum is probably at $900
https://coinmarketcap.com/currencies/ethereum/
well if this is in 2022 then maybe the market is still strong to fall that 900$ but in the next year as the bear seems to be more stronger? yes I believe we will go that low .
it's been several years I only believe in the first asset bitcoin and the second asset ethereum, for me both bring good luck.
for now it is possible that the price is still not at the bottom and there will be a more bottom price in the coming 2023. but even though it hasn't reached the lowest price yet I have started bringing ethereum in my bag for me to collect.
because I believe that bitcoin and ethereum will always provide high value when the time comes.
and I speculate the lowest price of ethereum is probably at $900
for now it is possible that the price is still not at the bottom and there will be a more bottom price in the coming 2023. but even though it hasn't reached the lowest price yet I have started bringing ethereum in my bag for me to collect.
because I believe that bitcoin and ethereum will always provide high value when the time comes.
and I speculate the lowest price of ethereum is probably at $900
Like BTC, November wasn't really great for WTH too. And like BTC, it looked like ETH was going to start trending up for a while but then of course something shtty has to happen. FTX. :/ But it also feels like the market stopped caring and we're seeing some buyers scoop up some ETH at these prices.
We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now. Just have fun and answer yes or no.
We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now. Just have fun and answer yes or no.
Personally, I don't currently see anything special happening to ETH this month or next. The fact is that it is stupid to expect growth from ETH now, since the situation in the world is only getting worse, which means that markets, like the crypto market, cannot go up, except perhaps down, or in extreme cases, there may be calm in the market. So my mood for ETH in December remains optimistic and I believe that the price of ETH will still be at approximately the same positions.
At this point I’m holding till it hits 5000 or crashes to zero. Traded early and my original investment has already been taken out. Not sure I’ll buy back in. It seems the crypto craze is dying out. I’m waiting to see the next pump, but starting to feel like it might go the way of nft’s
Pretty sure the next bull market is gonna take ETH over 5k and prolly go high enough to make everybody think of a real flippening? I feel like it could the be time when ETH really starts pushing the boundaries to snatch the no. 1 spot in CMC. The odds are against it and it will fail in getting the spot but it could at least make it close enough to be a threat. That I think will be one of the next bull market's biggest surprises.
The other one could be like you said... NFT's. And my bets are any NFT with a doge in them. As I said before, if Elon Musks as much as sneezes about DOGE or any coin with a dog logo, there's a high chance some doge NFT's get some money coming into them too. 
For me, Ethereum and Bitcoin are almost the same right now. Like if I want to trade Ethereum, I am just trading Bitcoin too.
We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
whatever happens to bitcoin, it will also affect ethereum, it seems like they are already complementary. I also agree that there is always a correlation that can be done between the two, but not to compare, now and maybe in the future they will still be pioneers in crypto. if we hold bitcoin, we can be sure that it is the same as holding ethereum, because the only difference is the price.We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
at this time we clearly know that bitcoin is continuing to experience a correction, so it is certain that it will happen to ethereum, whatever happens to bitcoin, ethereum will follow, even though many altcoins that are currently being traded have the same thing. in my opinion that december will not change the bitcoin situation and will continue as it is today, maybe even until next year, it will continue to experience a correction that may be worse.
At this point I’m holding till it hits 5000 or crashes to zero. Traded early and my original investment has already been taken out. Not sure I’ll buy back in. It seems the crypto craze is dying out. I’m waiting to see the next pump, but starting to feel like it might go the way of nft’s
^ Not probably... Surely! Markets tend to move due to the psychology aspect of it all. Just give it a couple more years to 'rest' and when everything starts looking rosier again, I'm pretty sure a lot of folks couldn't wait to get their money in. And usually most folks get it in at the wrong time when everybody is already looking and when most of the market has already risen.
As for SHIB, it will rise but don't expect the hige rise it had. For the next great 1000x, go check out the criteria in my other thread.
It could give you a better chance. Lol.
As for SHIB, it will rise but don't expect the hige rise it had. For the next great 1000x, go check out the criteria in my other thread.
It could give you a better chance. Lol. Ethereum can still stay above $1k until the end of the year and right now, this seems like a test for ethereum can really hold on and even increase bit by bit. Ethereum could rise again and if it now looks like ethereum is following bitcoin it is because bitcoin itself is surviving the downturn that could happen. But if bitcoin weakens and eventually declines, ethereum will surely experience the same thing. We still have a few weeks to see if ethereum holds onto $1k or drops below $1k. Let's just hope that doesn't happen.
It's even more if counted in fiat as BTC made a 20x move up of it's own. Lots of friendly shibes got rich and I think the same formula will work again at the next bull market. It's all meme all around.
Yes, probably it will repeat itself again, I think even ETH has a good solid run last bull run. But for this month, the price might just go around that range similar to bitcoin. So it's not going to go down $1k and it will hold and who knows, maybe it has bottom already.
As for meme coins, Shiba though? I'm not an investor of meme coins but it could give other a good chance to make money, but it just so volatile though.
Just like I picked "no" for Bitcoin I also picked no for Ethereum. I believe Bitcoin will pull Ethereum's price more to bottom levels. But I sort of feel like Ethereum may not exactly decrease in value in same percentage with Bitcoin. 1000 dollar value is definitely psychological barrier for Ethereum (similar to 10k being barrier for Bitcoin). Ethereum I think will hit enormous highs in next bull run so its one of the first coins I will buy right after it hits bottom that I wait for.
Ethereum can still stay above $1k until the end of the year and right now, this seems like a test for ethereum can really hold on and even increase bit by bit. Ethereum could rise again and if it now looks like ethereum is following bitcoin it is because bitcoin itself is surviving the downturn that could happen. But if bitcoin weakens and eventually declines, ethereum will surely experience the same thing. We still have a few weeks to see if ethereum holds onto $1k or drops below $1k. Let's just hope that doesn't happen.
True. All of crypto just follows what BTC is doing but with higher price volatility. That's why a lot of folks make a lot more money holding alts than holding everything in BTC. Like DOGE which out performed BTC by a lot. Many of you guys who started buying DOGE at the lows around .00000015 prolly made bank if you sold the highs around .00001250. That's like almost a 100x move in BTC.
It's even more if counted in fiat as BTC made a 20x move up of it's own. Lots of friendly shibes got rich and I think the same formula will work again at the next bull market. It's all meme all around.
It is obvious that ETH is in a dilemma right now and it will take a while before people could decide what to do. The market is us, people act as if the market is something of its own and like its a company or something, but it is us, all of us, who buy and sell.
If we are not entirely sure what it will do, then it is not decided yet, the moment we say "oh I should buy more, it will go up" then we will buy and because we buy, it will also go up, so we will be right, same with when it goes down as well, there is no difference in logic. Because we are not decided yet, we do not know what's going to happen and we just end up with caring nothing at all.
It is not a big dilemma if you ask me. Sure it had all that PoS stuff and all, but it is moving with the market by the looks of it, which means that if you could end up buying it now, when the market goes up then ETH will go up as well and you would be in profit.If we are not entirely sure what it will do, then it is not decided yet, the moment we say "oh I should buy more, it will go up" then we will buy and because we buy, it will also go up, so we will be right, same with when it goes down as well, there is no difference in logic. Because we are not decided yet, we do not know what's going to happen and we just end up with caring nothing at all.
I know not many people are fond of that, but it would be something liked by everyone. All in all, it is the greatest thing that we could talk about in the long run, and it would be a lot better if we could just stick with ETH type of big names. Bitcoin and ETH are the two biggest coins out there, and not having any trust on them, or having dilemma about it is not really that much acceptable.
Ethereum can still stay above $1k until the end of the year and right now, this seems like a test for ethereum can really hold on and even increase bit by bit. Ethereum could rise again and if it now looks like ethereum is following bitcoin it is because bitcoin itself is surviving the downturn that could happen. But if bitcoin weakens and eventually declines, ethereum will surely experience the same thing. We still have a few weeks to see if ethereum holds onto $1k or drops below $1k. Let's just hope that doesn't happen.
with 12 hundred dollar value now and seems to be staying above 1k till the year ends?
https://coinmarketcap.com/currencies/ethereum/markets/
I believe that we already reached the Bottom and waiting for another increase this December , maybe going towards 14 hundred isn't that bad to look at?
lets see how Ethereum supporter says about this.
https://coinmarketcap.com/currencies/ethereum/markets/
I believe that we already reached the Bottom and waiting for another increase this December , maybe going towards 14 hundred isn't that bad to look at?
lets see how Ethereum supporter says about this.
the market shows ETH following bitcoin now
https://coinmarketcap.com/currencies/ethereum/
with almost 13 hundred dollar price , maybe there is a chance that we will hit 15 hundred before the end of 2022.
Was waiting for this time because I already Bought bitcoin and ethereum last month when the price drops low to the lowest .
https://coinmarketcap.com/currencies/ethereum/
with almost 13 hundred dollar price , maybe there is a chance that we will hit 15 hundred before the end of 2022.
Was waiting for this time because I already Bought bitcoin and ethereum last month when the price drops low to the lowest .
For me, Ethereum and Bitcoin are almost the same right now. Like if I want to trade Ethereum, I am just trading Bitcoin too.
We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
Bitcoin and Ethereum are too big cryptocurrencies and their developers, communities are very careful with updates. Lot of things must be tested many times, debugs to make sure when an update is launched, it won't create a big chance for hackers to exploit their blockchains.We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
Both coins have same chart pattern and recent months, we see dead cat bounces from mid and low cap altcoins. In the same time, top coins are very boring and silent.
Ethereum must wait for Bitcoin rally to recover itself. In a next bull run, Ethereum must have a big upgrade to start its new bull run and to make community feel excited about its future.
the sentiment is still divided till this time because like other coins like bitcoin , ethereum shows no stability in its position and in any moment there will be new coming , either it will go for a hype? or this will go drop more , some even told us that we will be seeing Ethereum below 1k this year so the last 3 weeks of the month(or the year)will be crucial since there are lots to expect in this unstable market.
I think ETH will not close this year above $1,400-$1,500. There are no drivers for growth right now and it is unlikely ETH will differ from the rest of the market in terms of price dynamics. It would be strange to think that bitcoin and whole market falls down or is in consolidation zone, but Ethereum suddenly starts growing. Something similar happened in September, but the reason was banal speculation about the merger. There was no real demand for ETH then.
Like BTC, November wasn't really great for WTH too. And like BTC, it looked like ETH was going to start trending up for a while but then of course something shtty has to happen. FTX. :/ But it also feels like the market stopped caring and we're seeing some buyers scoop up some ETH at these prices.
We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now.
It is obvious that ETH is in a dilemma right now and it will take a while before people could decide what to do. The market is us, people act as if the market is something of its own and like its a company or something, but it is us, all of us, who buy and sell.We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now.
If we are not entirely sure what it will do, then it is not decided yet, the moment we say "oh I should buy more, it will go up" then we will buy and because we buy, it will also go up, so we will be right, same with when it goes down as well, there is no difference in logic. Because we are not decided yet, we do not know what's going to happen and we just end up with caring nothing at all.
For me, Ethereum and Bitcoin are almost the same right now. Like if I want to trade Ethereum, I am just trading Bitcoin too.
We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
good treatment because this is also my observation as they are both moving almost the same way nowadays and what cannot be in ETH that is not in Bitcoin? but like what i do for long time , maximum of my funds are in bitcoin and only small amount are in Ethereum.We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
almost whole year Ethereum perform badly so nothing new in this last month of the year because there are even more bad news coming from around the globe.
For me, Ethereum and Bitcoin are almost the same right now. Like if I want to trade Ethereum, I am just trading Bitcoin too.
We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
We all know that Ethereum correlates with Bitcoin most of the time, so for me. It's not new anymore and it's not good or ideal to compare price action of Ethereum to Bitcoin especially if there's no any fundamental news or events that is from Bitcoin or Ethereum particularly.
^^ It seems that they are at lost with ETH right now, not sure if they are still going to categorized it as a commodity.
https://fortune.com/crypto/2022/11/30/inaction-is-paralysis-cftc-chair-rostin-behnam-calls-for-regulation-in-the-wake-of-ftxs-collapse/
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
Quote
Behnam said that the only cryptocurrency that should be viewed as a commodity is Bitcoin, walking back from previous remarks made in October when he suggested Ether may also be a commodity.
https://fortune.com/crypto/2022/11/30/inaction-is-paralysis-cftc-chair-rostin-behnam-calls-for-regulation-in-the-wake-of-ftxs-collapse/
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
But here's the thing, even though there's still gonna be some sht going on in crypto, is the market still gonna react negatively in the same magnitude as when the Terra Luna fiasco happened? FTX's fiasco didn't really cause that much of a sell down imho... Given how huge it was. If it happened around January, we'd see BTC drop 50% in a couple of days imho. Lol.
So yeah, I think it could be getting to a point where the market just doesn't care anymore. Dunno...
Yes, but everything is connected and somehow will have an impact, might not be as huge as Mt. Gox, but from more than $20k to $15k is already huge drop because of the FTX fiasco. There might be someone entities or even average joe to just buy around the $15k region and probably waiting for like $18k-$20k to sell and make profit. If that happens that then price could still be lower for BTC and ETH.
ETH is like -74% from it's last all time high, it might be pushed to around -80% or even -85% as final capitulation, in my opinion.
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
For btc, I think its bottom is already hit last time but for eth I am not really sure if it hit already or not because I remember that eth had a good performance last time just before the eth 2.0 happen but its value only decreases after it. I think it only lose some of its gains last time and it haven't been in the actual dump state neither reach its bottom.The ecosystem is already fragile and shaky so you're right that any negative news that can hit anytime soon are going to cause another fall. There's no need for you to panic or sell because you do not look like a newbie in here. The best thing that you can do is to continue hodling and you can also buy more.
That is mainly because we are already down a lot. We were from 68k to 20k by that time when FTX happened, so all it could do was another %20 or so give or take, maybe %25 but that's about it. You can't just expect something to go from 68k to 20k and then another big like that to 4k or something, that would be too huge. Plus so many people are buying nowadays considering how low it is, compared to Luna period. Which all combined together means that the news wasn't small, it was a huge news but at the same time the period we are in is already as low as it can get, we can't really drop that much further down.
^^ It seems that they are at lost with ETH right now, not sure if they are still going to categorized it as a commodity.
https://fortune.com/crypto/2022/11/30/inaction-is-paralysis-cftc-chair-rostin-behnam-calls-for-regulation-in-the-wake-of-ftxs-collapse/
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
Quote
Behnam said that the only cryptocurrency that should be viewed as a commodity is Bitcoin, walking back from previous remarks made in October when he suggested Ether may also be a commodity.
https://fortune.com/crypto/2022/11/30/inaction-is-paralysis-cftc-chair-rostin-behnam-calls-for-regulation-in-the-wake-of-ftxs-collapse/
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
But here's the thing, even though there's still gonna be some sht going on in crypto, is the market still gonna react negatively in the same magnitude as when the Terra Luna fiasco happened? FTX's fiasco didn't really cause that much of a sell down imho... Given how huge it was. If it happened around January, we'd see BTC drop 50% in a couple of days imho. Lol.
So yeah, I think it could be getting to a point where the market just doesn't care anymore. Dunno...
Again, this is most likely fud from bitter pos haters.
Even If eth had an issue with SEC it would be most likely be something to do with SEC finding flaw on their ico. On which case they would be given a fee that wouldn't be much as eth didn't raise that much.
And Eth is not a stock. And correct me If i am wrong but currently there are no real tokenized stocks, there are only tokenised synthetics that have a value of a stock, that people are calling stocks because they are clones representing stock value.
Eth is the very definition of an utility token.
I did not say what CFTC wanted to do is right thing.Even If eth had an issue with SEC it would be most likely be something to do with SEC finding flaw on their ico. On which case they would be given a fee that wouldn't be much as eth didn't raise that much.
And Eth is not a stock. And correct me If i am wrong but currently there are no real tokenized stocks, there are only tokenised synthetics that have a value of a stock, that people are calling stocks because they are clones representing stock value.
Eth is the very definition of an utility token.
They can not and should not change their words easily like this. Even so, will investors let them complete it easily?
That causes a rumor that ETC will be a victim, not ETH because CFTC and SEC will attack ETC which will bring less lawsuits against them. ETC is the original ETH and it is what was used to run crowdfunding years ago. Anyway it is rumor and I only shared it to you. I don't say it is true or untrue because I don't know too.
There is rumor about ETH recent days.
In the past, CFTC said many times that among thousands of cryptocurrency on market, they only considered two of them are assets: Bitcoin and Ethereum. In shock of all, in recent interview, they said they consider only Bitcoin as an asset. They stopped mention about ETH as an asset.
That interview caused a rumor that ETH is an involved cryptocurrency in the lawsuit between SEC and XRP and to reduce risk of potential lawsuit against ETH, Coinbase delist Ethereum Classic from their wallet.
But another rumor and hypothesis is why Ethereum Classic ETC but not Ethereum ETH?
A hypothesis is if SEC consider ETH as a stock, it should be the original ETH, now is ETC after the DAO hack and a consequent fork later to resolve financial loses from that hack.
Speculation for ETH in December, I don't think it will rise up a lot but price around $1,000 is good for accumulation. $1,200 is an expensive price for me in these months.
Again, this is most likely fud from bitter pos haters.In the past, CFTC said many times that among thousands of cryptocurrency on market, they only considered two of them are assets: Bitcoin and Ethereum. In shock of all, in recent interview, they said they consider only Bitcoin as an asset. They stopped mention about ETH as an asset.
That interview caused a rumor that ETH is an involved cryptocurrency in the lawsuit between SEC and XRP and to reduce risk of potential lawsuit against ETH, Coinbase delist Ethereum Classic from their wallet.
But another rumor and hypothesis is why Ethereum Classic ETC but not Ethereum ETH?
A hypothesis is if SEC consider ETH as a stock, it should be the original ETH, now is ETC after the DAO hack and a consequent fork later to resolve financial loses from that hack.
Speculation for ETH in December, I don't think it will rise up a lot but price around $1,000 is good for accumulation. $1,200 is an expensive price for me in these months.
Even If eth had an issue with SEC it would be most likely be something to do with SEC finding flaw on their ico. On which case they would be given a fee that wouldn't be much as eth didn't raise that much.
And Eth is not a stock. And correct me If i am wrong but currently there are no real tokenized stocks, there are only tokenised synthetics that have a value of a stock, that people are calling stocks because they are clones representing stock value.
Eth is the very definition of an utility token.
^^ It seems that they are at lost with ETH right now, not sure if they are still going to categorized it as a commodity.
https://fortune.com/crypto/2022/11/30/inaction-is-paralysis-cftc-chair-rostin-behnam-calls-for-regulation-in-the-wake-of-ftxs-collapse/
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
Quote
Behnam said that the only cryptocurrency that should be viewed as a commodity is Bitcoin, walking back from previous remarks made in October when he suggested Ether may also be a commodity.
https://fortune.com/crypto/2022/11/30/inaction-is-paralysis-cftc-chair-rostin-behnam-calls-for-regulation-in-the-wake-of-ftxs-collapse/
Anyhow, I voted No, just like BTC, I think ETH is has not yet lowest low for this month. Still possible that a negative news without the market will put the already shaky ecosystem into a big test and the price can still go down hard. And with that, I'm still not sold that ETH included, will not suffer from the impact of negative news and FUD.
There is rumor about ETH recent days.
In the past, CFTC said many times that among thousands of cryptocurrency on market, they only considered two of them are assets: Bitcoin and Ethereum. In shock of all, in recent interview, they said they consider only Bitcoin as an asset. They stopped mention about ETH as an asset.
That interview caused a rumor that ETH is an involved cryptocurrency in the lawsuit between SEC and XRP and to reduce risk of potential lawsuit against ETH, Coinbase delist Ethereum Classic from their wallet.
But another rumor and hypothesis is why Ethereum Classic ETC but not Ethereum ETH?
A hypothesis is if SEC consider ETH as a stock, it should be the original ETH, now is ETC after the DAO hack and a consequent fork later to resolve financial loses from that hack.
Speculation for ETH in December, I don't think it will rise up a lot but price around $1,000 is good for accumulation. $1,200 is an expensive price for me in these months.
In the past, CFTC said many times that among thousands of cryptocurrency on market, they only considered two of them are assets: Bitcoin and Ethereum. In shock of all, in recent interview, they said they consider only Bitcoin as an asset. They stopped mention about ETH as an asset.
That interview caused a rumor that ETH is an involved cryptocurrency in the lawsuit between SEC and XRP and to reduce risk of potential lawsuit against ETH, Coinbase delist Ethereum Classic from their wallet.
But another rumor and hypothesis is why Ethereum Classic ETC but not Ethereum ETH?
A hypothesis is if SEC consider ETH as a stock, it should be the original ETH, now is ETC after the DAO hack and a consequent fork later to resolve financial loses from that hack.
Speculation for ETH in December, I don't think it will rise up a lot but price around $1,000 is good for accumulation. $1,200 is an expensive price for me in these months.
Well it might as well could go up slowly for a while just to fill up that huge bear flag and go down another leg. That would actually make lot of sense in many ways. I totally understand that this isn't a popular idea as everyone would like a recovery and new bull run as soon as possible.
Second (bullish) possibility is (if you are elliot wave fan) that correction waves ABC were obvious and bear is over.
Second (bullish) possibility is (if you are elliot wave fan) that correction waves ABC were obvious and bear is over.
Like BTC, November wasn't really great for WTH too. And like BTC, it looked like ETH was going to start trending up for a while but then of course something shtty has to happen. FTX. :/ But it also feels like the market stopped caring and we're seeing some buyers scoop up some ETH at these prices.
We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now. Just have fun and answer yes or no.
We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now. Just have fun and answer yes or no.
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