Ethereum due for a price correction | Bitcointalksearch.org

Siren

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Quote from: buenav on June 08, 2017, 10:29:32 AM

I hope ethereum corrects because then I will buy more but I don't think it will happen until after a new pump to bring it to 0.12 btc or so. The general trend in recent weeks has been just that it pumps then it corrects a bit before some stability until the next pump comes again.

Its looks like we are having a correction right now, But the price is still really high at $250. I don't know if the price will go lower than that so I will be still waiting in a few more days before making my move. Its down @2.5% as per Bitfinex. I hope the correction should be short live though.

buenav

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I hope ethereum corrects because then I will buy more but I don't think it will happen until after a new pump to bring it to 0.12 btc or so. The general trend in recent weeks has been just that it pumps then it corrects a bit before some stability until the next pump comes again.

dennyd999

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Quote from: kelseydustin on May 30, 2017, 11:50:34 AM

Quote from: NaXxow on May 30, 2017, 05:45:50 AM

I was hoping that ETH drop its value again, I was waiting patiently to buy, down to the point that its value only reach 140 or 130$ again, I will definitely keep this one for a very long time Cool

DO not try to buy ethereum. BUy ethereum classic. both of them are 100% the same and soon people will realize the truth and start buying ethereum classic

ETC is a scam from brother Bobby and Charlie Lee. Typical chinese strategy to make something looks close and similar to something wich has value and popular at the market.It is chinese scam coin, dont waste your time on ETC

Ewox

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If Ethereum is really due for a price correction then I should wait for it and buy some Ethereum when it dumps. And I don't think people should worry about the correction too.

rhamzter

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What is ethereum price correction? It is a good news or bad news? Because if the ethereum correction is regarding to the going down value of ethereum it is bad new but if it is regarding to the increasing trend of their value in the market, it is a good news.

jane418

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there are many major ICOs this month, I think the huge demand will push the price of ETH up a lot.

aventus

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Folks,

If some of you are interested in price movement analysis, you will find updated charts on ETH/USD in aventus slack team.
To join, please follow this link. Once logged in the team, go to the #technical-analysis channel. Here you can talk about ETH price moves.

worldmain

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Quote from: go4crypto on May 30, 2017, 11:49:09 PM

Ethereum chart look toppy so likely to come down in next few days.
Will buy near $100 or lower.

Not gonna come down to $100 for sure

go4crypto

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Ethereum chart look toppy so likely to come down in next few days.
Will buy near $100 or lower.

X-ray

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Quote from: The Notorious BTC on May 30, 2017, 09:30:54 PM

I believe ETH will be available on a few chinese exchanges May 31. That is probably going to pump the price some more. To be honest I never imagined Ethereum would ever be over 100. Also feel like a lot of people that missed out on bitcoin are going all in ethereum.

I believe the gate already opened. The chart has told me about the hype of ethereum in china and with the good news about the china will try to make a collaboration with ethereum and it will be a good reason to pump the price of ethereum.

The Notorious BTC

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I believe ETH will be available on a few chinese exchanges May 31. That is probably going to pump the price some more. To be honest I never imagined Ethereum would ever be over 100. Also feel like a lot of people that missed out on bitcoin are going all in ethereum.

OrangeP

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Guess people are stacking up to get into the BAT Token ICO.

Termin4tor

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Quote from: kelseydustin on May 30, 2017, 11:50:34 AM

Quote from: NaXxow on May 30, 2017, 05:45:50 AM

I was hoping that ETH drop its value again, I was waiting patiently to buy, down to the point that its value only reach 140 or 130$ again, I will definitely keep this one for a very long time Cool

DO not try to buy ethereum. BUy ethereum classic. both of them are 100% the same and soon people will realize the truth and start buying ethereum classic

But why favour ethreum classic instead of ethreum is there any good reason why?

kelseydustin

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Quote from: NaXxow on May 30, 2017, 05:45:50 AM

I was hoping that ETH drop its value again, I was waiting patiently to buy, down to the point that its value only reach 140 or 130$ again, I will definitely keep this one for a very long time Cool

DO not try to buy ethereum. BUy ethereum classic. both of them are 100% the same and soon people will realize the truth and start buying ethereum classic

Termin4tor

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I would really like to see a huge correction in the price of eth because that is how a healthy market performs, its nothing too bad as how many people think of it.

omonuyak

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It might not fell to 140dollar based on it fell last week. One can easily state how things stand with ETH now by analysing what happened last week. My projection after bitcoin loses over $800 was that Ethereum is going to pull back to $100 but that do not happen. If it will fell back for now it might not go beyond $180.

cliffhanger35

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Quote from: illaslli on May 30, 2017, 05:30:05 AM

I agree ETH is approaching the marketcap of bitcoin but still has only a fraction of the real world use that bitcoin has. That can change in the future but for now its way overpriced relative to what its used for and the number of transactions it processes.

They already process around 150k transactions a day that is half of bitcoins. The median fee is 10 cents or so compared to around $1-2 in Bitcoin and it takes seconds to confirm.

NaXxow

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I was hoping that ETH drop its value again, I was waiting patiently to buy, down to the point that its value only reach 140 or 130$ again, I will definitely keep this one for a very long time Cool

illaslli

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I agree ETH is approaching the marketcap of bitcoin but still has only a fraction of the real world use that bitcoin has. That can change in the future but for now its way overpriced relative to what its used for and the number of transactions it processes.

meliodas

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Quote from: konamist on May 30, 2017, 12:37:34 AM

I don't think ETH will go down recently. There's a huge demand of ETH to be used in ICO, many people have to buy ETH no matter they like it or not.

And a lot of wallets also decided to add Eth:

Quote from: mining1 on May 29, 2017, 06:20:42 PM

It's not really a pump, it's news. Vitalik wasn't at consensus because he was busy in china. And it's very likely that ALL chinese BIG exchanges will add ether trading.

https://www.cryptocoinsnews.com/china-waking-ethereum

Quote Large conglomerates have started to build applications on top of the Ethereum protocol and universities have been researching into Ethereum’s potential within the finance market.

Even government-owned companies including the Royal Chinese Mint, the subordinate unit of China Banknote Printing and Minting, have started to utilize Ethereum to digitize the RMB. Keys explained that the Royal Chinese Mint is currently utilizing the ERC 20 token standard and Ethereum smart contracts to digitize the RMB.

More to that, CryptoCoinsNews also reported that Ant Financial, the subsidiary company of e-commerce giant Alibaba, is also utilizing the Ethereum protocol to develop various applications and platforms. Ant Financial is the company behind the $60 billion financial network Alipay, which is used by 450 million users in China.

Not just wallet and ICOs who are using Eth greatly but also some micropayments like faucets who give an option to either send it to your bitcoin or ethereum wallet.

Topic: Ethereum due for a price correction (Read 2844 times)