Topic: Ethereum is Going to $50 based on what I Observed! - page 8. (Read 2308 times)

if your observation really happens, of course I will buy ETH at a price of $ 50 and hold back for a while because I'm sure the ETH will go back up to $ 1000 +

Really I never thought that the ETH may fall down below $200. But it happened. This is really bad and so scary. After reaching almost $1500 level what has happened to ETH now. I don't think that the ETH will go down until it reaches the $50 level. But who knows.

Oh come on, everything is down what do you expect guys? moon during bear season? Maybe we should start panicking when everything is up and Eth is left behind. Making conclusion this time are completely nonsense, ETH is one of the most useful coin in the space and I'm pretty sure it will have a good future.

You are right but according to me Ethereum will not go to $50, it can go down more than more $100 and that will be a very good chance to buy Ethereum on this price.

In my opinion i will be great opportunity to buy eth and then hodl it and I still believe in it.

This cant be called a correction any longer in my honest opinion, the drop from it's ATH of $1200 to the $600- $700 was accepted as the correction, below that is a dump like we're currently experiencing now.

I was very shocked to see the heavy downfall of Ethereum.

ICOs made ETH what is it now, they caused ETH to do well when ICOs were doing well, and now most them are a shadow of themselves. These scam projects collect coins of worth and dump worthless tokens with investors during public sale and in turn dump these ETH at the exchange and exit. Dropping to about $100 at the current rate is more feasible.

I don't see it going that far but the correction is normal for ETH now and am not expecting anything less to $100 which I think is a better bottom for it to gain momentum again.

I don't know what's going on in this forum, but I've seen a lot of these threads poping up lately, bunch of randoms spreading FUD about ETH.

I'm ok with people saying it could go down to $100, it's actually possible unless there's a reversal in the market, but $50 (and even lower) is pure nonsense, 2-digit figures isn't happening, people undersestimate ETH, I doubt there's people behind this coin that are willing to let ETH go down to those levels. To expect such a massive crash from one of the most popular and well-accepted cryptocurrencies in the market is bullcrap.

OP, your prediction makes no sense, it is based on pure speculation about 90% ICOs being a scam (how'd you eve come up with that number? did you make a proper research or something? You didn't, right?)...You obviously have an agenda here, I'm just gonna add you to my ignore list so I don't have to read any more nonsense from you.

You made my day, you really did! Over a hundred years ago, some guy who had read about a plane, must have said: “Oh no, this thing cannot fly. You’ve made one, but it will never be accepted by people. The first plane will be the last!”. As for me, this guy’s prediction has a lot in common with the author’s.

A look at the Ethereum price dynamics in the past 12 months says it all: $1098 on Jan 18, only $227 on September 6. Sure, we all hope that ether will rise again and bring us all tremendous profits, but is there anything we can do meanwhile, except for just HODLing? Let's face the truth: when you put your money on a deposit account, the bank pays you interest; when you buy shares, they (hopefully) pay dividends; when you invest your money in an apartment, you can earn money renting it. But if you simply HODL your ether, you get nothing.
An interesting new solution has caught my attention - a project that allows you to make your ether work and bring you dividends instead of just lying there in your wallet. It's called 333ETH, and its mechanism is very simple. Basically, it uses the ether contributed by new members to pay dividends to those who have joined earlier. I can already hear you say, "But wait - it's a pyramid!" But there are a few key features that make 333ETH https://333eth.io/en  very different from a traditional pyramid.
First, it is completely decentralized, and the organizers have no control over the funds transferred to the smart contract address - the contract includes a special ownership waiver to this effect. This means that the administrators won't be able to disappear with the money. In fact, even if the organizers decide to quit, the project will go on working perfectly well without them. Potentially it could even provide lifelong payments!
Second, the dividend rate are not outrageously high - it is 3.33% daily, and 17% of it is withheld at withdrawal and allocated for marketing and tech support. That is, the project has enough funds to attract new members, provide adequate protection against hacker attacks, and so on. The system makes automatic payouts to the account of your choice every 24 hours.
Third - and here lies the key to the system's stability - you can only withdraw the dividends. What makes all classic pyramid schemes collapse is the fact that they return members' deposits upon request, which makes payout volumes unsustainable. In 333ETH, you cannot withdraw the main body, only the reward. This may seem unfair at first, but in fact it's enough to stay in the project for just over a month to receive a profit. In fact, the organizers' decision to let members withdraw only the interest (minus the commission) seems like a very wise and responsible one.
Registering and transferring ether is extremely easy (you just need to have a personal ETH wallet, not one from an exchange). The project is only a few days old, but it is showing strong growth, which can be monitored on etherscan.io. The team already has a successful smart contract that has been working without interruptions for a few months, so I don't see why 333ETH shouldn't succeed, too. The model is transparent and fair, the dividend rate is attractive, and overall it seems like a great solution to wait out this period of low ETH prices. I have made a moderate deposit two days ago, and the dividends were paid on time. Could this be what we've all been waiting for? https://333eth.io/en
Get + 3.33% to the deposit by entering the address in the "HEX DATA" field: 0x958a7Bef520541F7b9b1C18C450baB5e7A360a48
The recommended gas limits: 200000, actual gas price can you take with https://ethgasstation.info/

give 90-95% reduction from ATH, it should hover between 100-150 for a while before making a move up. Under 50 is not possible at this moment.

everyone is worried about ethereum and is confused about wanting to hold it or sell it. it looks like the decline is not over and ethereum hasn't reached the lowest price yet, does eth price have to be the same as price etc?

At present.The market is bleak. In particular. The project side sold the ETH. The price of ETH has dropped by 70%. I think there will be further decline. At present. The price of ETH is $100..

a while ago i might have said down to $100 is the most possible scenario and then possibly a smaller drop after that but based on things that i have been seeing in the market and the way bag holders are still dumping their bags in panic i would say $50 and lower is now the stronger possibility.

there is an interesting article here by the way which you can also read:
https://techcrunch.com/2018/09/02/the-collapse-of-eth-is-inevitable/amp/

Your analysis is completely true, the ICO's are the main part which are making this happen. Most of the users are dumping their tokens and thus ETH is getting trade against it and later on people put all the ETH into the BTC. Its true that ICO founders have no choice but to dum the ETH for the USD or whatever the current they have because that is how they can use the money in the real world. There is possibility that crypto currencies will go down in the time along with the ETH due to its heavy impact on others. ETH should find a way to close its sell positions otherwise soon we will see it going down to 20-50 USD range. That would be horrible to see.

ETH is dying.

Although I can't predict the price of Ethereum, I think it may fall to $100, because the panic effect in the market is not over yet, and many investors are still selling coins!

I was also very shocked by the very low decline in ethereum prices, my fear that all this time had happened, I was holding many Ethereum-based altcoins and the price was now falling along with the drop in ethereum prices. I don't want your predictions to be true if ethereum becomes $ 50 or even lower then the altcoins that I have will become worthless shitcoin.