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Topic: ETHER IS BULLYING - page 4. (Read 557 times)

member
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WhalesHeaven - Custody Free Swap Exchange
July 29, 2020, 01:07:49 PM
#13
I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
There is no reason other than the fact that fundamentally and technically ethereum was undervalued and it seems like the trend has completely changed now and bulls will take control in coming months, I would love to see Eth regaining previous high levels towards the end of the year.
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July 29, 2020, 12:35:56 PM
#12
I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?

We are in a bull run so it's likely that Ethereum will likely go up, there was news that Ethereum whales are moving to pump Ethereum so the news is true that Ethereum is gearing for a big pump, and the new Ethereum version is not yet release, when it is release Ethereum will pump even more.
hero member
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July 29, 2020, 12:20:09 PM
#11

So they are linking the whole scenario to DeFi and how the billion dollar funds have been locked up with them

The following statement is quoted from the same article and it actual depicts the right situation here:

Quote
“One can imagine a situation where an outside protocol creates incentives that — without any action of its own — can drive dangerous behavior in another protocol and ultimately result in cascading liquidations and user losses.”

Projects based on the DeFi protocol are making it alternate source of funding. Perhaps the increase in fees is due to the fact ETH 2.0 launch and output of increased ETH network congestion.

Article does portray it properly as result of indirect impact of DeFi.

IDK, crypto is all about multi-dimension relations and things can turn upside down here at any given movement.
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July 29, 2020, 12:10:04 PM
#10
hero member
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July 29, 2020, 11:28:31 AM
#9
This discussion never gets old. Every year people are hunting the bullish trends for ETH and other alts. You know what, my idea is to keep the investment coming into these coins from part of my salary (real job) and save this potion for the bullish market. Pump the profits, re-invest the profit and repeat. I guess each fighting for bull and bear trends is fun and in the process can give us lot of profit.

People are too much excited about ETH 2.0 for sure. It could be a good strategy to accumulate ETH at cheaper price and sell them before the new network is live as you can't be sure about the what direction the price would go after the launch. But again many people are already disappointed by no significant rise in price of bitcoin after the halving.

Yes, this is the exact reason for the bullish trend of ETH. This is similar case as with the bitcoin halving, thought it has shown positive vibes in ETH probably because ETH costs you tiny as compared to the BTC and thats why everyone is spending more money on it. Surely it is the choice of the year!
legendary
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DGbet.fun - Crypto Sportsbook
July 29, 2020, 11:15:29 AM
#8
People are too much excited about ETH 2.0 for sure. It could be a good strategy to accumulate ETH at cheaper price and sell them before the new network is live as you can't be sure about the what direction the price would go after the launch. But again many people are already disappointed by no significant rise in price of bitcoin after the halving.

Even on previous bitcoin halving, the price of bitcoin started going steep high after about 6 months and not only did the bitcoin's price rose, it also lifted the price of almost every alts. This time, that trend seems to be repeating, bitcoin is increasing so are most crypto. No one can guarantee a another all time high but we are certainly moving towards larger number.
sr. member
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Vave.com - Crypto Casino
July 29, 2020, 11:13:19 AM
#7
People are too much excited about ETH 2.0 for sure. It could be a good strategy to accumulate ETH at cheaper price and sell them before the new network is live as you can't be sure about the what direction the price would go after the launch. But again many people are already disappointed by no significant rise in price of bitcoin after the halving.
hero member
Activity: 3038
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July 29, 2020, 11:08:55 AM
#6

Yes ETH us bullying other platforms  Grin

The reason could be the ETH 2.0 that its currently on testnet and rumors says its going to be on the mainnet by two weeks from now.  Its really just not sure yet what could happen next but I'm thinking this is too big to waste but why is the price didn't continue to spike. Could it be because some of the investors are waiting for its deployment first and see whether there will be bugs after it that can crash the price? Probably.
sr. member
Activity: 1736
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July 29, 2020, 10:53:39 AM
#5
the main reason ethereum is experiencing pump of course is because the price of bitcoin is also a pump and the second reason might be because there is news if next month there is testnet v2.0
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July 29, 2020, 10:38:58 AM
#4
I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Ethereum 2.0 could be a reason for the bullish trend but not only in ethereum the whole crypto market is bullish in the past week so the long wait has come to an end since 2017...

Has it really come ro an end or this is just a trap! Btc had the must price run, before eth was the lead but suddenly btc also join the race, although there are talk about the eth 2.0 but am not sure if this is reason for this nice little pump, however, it is good to see the market this green after several months of been on bear market.
sr. member
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July 29, 2020, 10:36:52 AM
#3
I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
This is the main reason why ethereum has been starting to surge from the bottom and it may go even higher than the current rate and FYI you can check out through use this link https://medalla.launchpad.ethereum.org/
full member
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★777Coin.com★ Fun BTC Casino!
July 29, 2020, 10:32:27 AM
#2
I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Ethereum 2.0 could be a reason for the bullish trend but not only in ethereum the whole crypto market is bullish in the past week so the long wait has come to an end since 2017...
newbie
Activity: 12
Merit: 0
July 29, 2020, 10:29:44 AM
#1
I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
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