Topic: ETH will go back to $1 this year here is why.. (Read 17387 times)

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

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the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.

Ethereum has a price >$200 it's very unlikely that it will crash down to only $1. So I agree but that doesn't mean that ETH will go up, also.

Can Ethereum fall that far at $ 1. I doubt this because ethereum is a good coin and has been widely used as a platform for many coins, many investors believe in ethereum, I don't think that will happen.

Regardless of when a message or topic was created, I noticed one tendency that many users of cryptocurrency very often speak negatively about ethereum and always make negative predictions about ethereum for the future.  Of course, these are all untrue words, but it is incomprehensible to me why this all happens.

Ethereum has a price >$200 it's very unlikely that it will crash down to only $1. So I agree but that doesn't mean that ETH will go up, also.

Somebody is leaving the fraud information constantly here. Thank God, most guys take it as a joke or as the stuff which no one can pay attention to. Ethereum will not fall to reach a dollar.

Somebody is leaving the fraud information constantly here. Thank God, most guys take it as a joke or as the stuff which no one can pay attention to. Ethereum will not fall to reach a dollar.

Someone here is making some serious wrong calculations i think Just because other businesses hit low doesnt mean it happens to everyone unless you have some strong reason for saying this i suggest you just stay put and lets keep our heart rate steady

People are too much negative about the price of ETH, but surely the price of ETH will not go below the value of 1$. After Bitcoin, ETH has very huge potential in the market which makes many people lost their faith in the market due to the price of ETH go down below level in the market. With the active developments, they are doing will help the coin to increase the price even higher value compared to the previous ATH.

Eth price went to 90 USD in Dec 2018 and is now at 166 USD. The way crypto market is going I am sure it will cross 200 USD very soon but still, nobody is sure how high it will go, maybe it reaches 2000 USD at the end of this year or it may fall to 50 USD. Invest wisely and DYOR.