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Topic: Ethereum: Sinking ship or Sleeping Giant? - page 8. (Read 1694 times)

sr. member
Activity: 1876
Merit: 259
December 26, 2019, 05:48:06 AM
#50
For me ETH is a sinking ship in the middle of an ocean that cannot be helped anymore.
So don't expect more from him, too many accidents have been made on purpose.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
December 26, 2019, 05:04:28 AM
#49
I think keeping 10% ETH as you do is good option from now. ETH is changing to able to staking, but i'm not really believe in ETH staking tech. ETH already a good project, but changing to POS is not guarantee that they will success. However, keep a small part in ETH is good for investors to avoid missing a great chance to have good profit.
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
December 26, 2019, 04:27:21 AM
#48
so you can take the ETH now under $ 130, I'm afraid next year we will all no longer see below that cheap price again, I still buy some ETH for long-term investment, at this time the price is still fairly cheap and it is the end of 2019, I also felt the ETH owned by the ETH foundation dumped on ATH a few years ago it was possible to buy it when it was cheap now and I think the funds were not spent on the project, but I think ETH is like a sleeping giant that might someday wake up again and surprise many people, You invest exactly as I hold ETH
full member
Activity: 1750
Merit: 118
December 26, 2019, 04:25:29 AM
#47
Of all the altcoins in the market, ethereum is my all time favorite. The potential is beyond compare to the others. We can't also deny the fact that most of the investors consider ethereum after bitcoin. It isnt a sinking ship, remember that the dump is a usual scenario in crypto space, what you will look at ethereum's is the continuous use of the platform and the contract.

You'll see how eth will gonna boom like before.

what you all whine here is a fact and represents the etherium coin  , that is why im also going to say  that etherium is a sleeping giant and not a sinking ship  .

 speaking of sleeping giant  that means that it will sleep or will not show any sign of increase after a long period of time and we people are only going to be shock one day that eth are pumping and that means he is now awake     .  for now all we gotta do is keep calm and wait  .
hero member
Activity: 2842
Merit: 772
December 26, 2019, 04:19:03 AM
#46
I was also surprised to see lots of news about a huge dump of Ethereum, Updated: $25 Mln Worth of Ethereum (ETH) Has Been Sent to Top Exchanges. Is Major Sell-Off Imminent?.

It was even mentioned that it could be Vitalik or someone close to the project is dumping it. So it's really hard what to say about the current status of this project. Part of me wanted to see Ethereum recovering, but it the people behind the project are dumping it then what can you tell about the state of the project?
sr. member
Activity: 1330
Merit: 326
December 26, 2019, 04:14:30 AM
#45
Of all the altcoins in the market, ethereum is my all time favorite. The potential is beyond compare to the others. We can't also deny the fact that most of the investors consider ethereum after bitcoin. It isnt a sinking ship, remember that the dump is a usual scenario in crypto space, what you will look at ethereum's is the continuous use of the platform and the contract.

You'll see how eth will gonna boom like before.
sr. member
Activity: 854
Merit: 253
l0tt0.com
December 26, 2019, 03:09:54 AM
#44
Ethereum's team has announced this and of course the other alts will do the same, just that they are not public. You should know that this is a pricing market and that things that should not have happened are common in this market. First you need to understand the nature of the market, then you have the right speculation strategy. I think ETH is pretty good in the future, when Etherem 2.0 really works, we can wait for the price to be high and sell for profit, don't try to do Staking because Ethereum's team will soon be pushing the price down.
hero member
Activity: 2604
Merit: 816
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December 26, 2019, 02:34:01 AM
#43
I could only suggest you hold some ethereum while you can sell the other ethereum, and back to bitcoin to hold. I think ethereum has a chance to increase, especially if the next update is run better because people will see how good the next update. But if the next update is not like what they hope, ethereum will need longer to increase back. That will be up to you to hold and sell some ethereum or hold all of ethereum until the next update release. Make sure you think twice before you decide.
hero member
Activity: 1106
Merit: 506
December 26, 2019, 02:15:21 AM
#42
I think the distribution of your portfolio is exactly 80% for bitcoin, 10% for ethereum and the rest for other coins. so I don't think you need to sell ethereum for bitcoin. and I'm also still optimistic that ethereum can pump again when the bear market has come. hopefully next year after bitcoin is reduced by half bitcoin can pump and make the altcoin market green again.
jr. member
Activity: 714
Merit: 3
December 26, 2019, 02:11:34 AM
#41
You can keep accumulating Ethereum at its low price but don't have in mind that it will get anywhere close to its ATH. Ethereum network has lots of setbacks which needs to be fixed given the stolen tokens will be dumped from time to time is a major concern for price growth.
sr. member
Activity: 1050
Merit: 256
December 26, 2019, 01:27:51 AM
#40
When viewed from the circumstances that op provided, I conclude that ethereum is just a sleeping giant who is going through a difficult period for several reasons.
Update 2.0 that does not come and the time is unclear could be a scourge for some people to drop the trust of believers.
negative issues will always exist in this crypto world not only in ethereum. What is clear as long as the developer is still there and develop their coins, I think there is hope.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
December 26, 2019, 01:14:12 AM
#39
The answer is not yet sure but I still holding some eth on my purse. This is the only project that helps me understand tokenization and smart contract. I guess we could say that this project still is an early adoption of their paltform. Blockchain still on going imrpovement and eth still doing their thing to make their platform a good one. From 2017 ATH of 1.4k$ down to 127$ is a huge loss but its not due to a low value of project but bearish sentiment of this market. Well, on my final thought eth is one of the sleeping giants.
sr. member
Activity: 756
Merit: 252
December 26, 2019, 01:09:46 AM
#38
I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.

Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).

I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).

That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.

Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.

Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.
Besides bitcoin the only other coin that I'm watching is ethereum and that is because I have a very strong feeling that at some point in the future ethereum is going to wake up and give once again amazing profits, but if you do not feel like taking your chances then it is OK to just keep your current portfolio in which 10% is dedicated to it, that way if it crashes then you're not going to be that affected by it and if it goes up then you are not completely left out and you still obtain some profits.
sr. member
Activity: 939
Merit: 256
December 26, 2019, 01:03:14 AM
#37
Although ETH's reputation is not good at the moment because of the junk and fraudulent ICOs, I still believe in ETH. ETH is currently being traded at $ 120 ~ 130, which is a good price and worth buying.
Perhaps the news of the $ 100 million stolen and the delay in upgrading 2.0 caused the price of ETH to plummet, but I'm sure the development team will have a way to fix this and bring ETH back.
hero member
Activity: 1249
Merit: 506
December 26, 2019, 12:47:50 AM
#36
I was also a follower of ETH before, and when the market exploded in 2017 I was really crazy about it. However, over time, ICOs have revealed its limitations, which undermines my beliefs and that of many investors.
Up to now I only keep 20% of ETH in my total assets. If in 2020 ETH cannot be upgraded to 2.0, I will probably sell all the ETH I hold and move to Bitcoin.
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
December 26, 2019, 12:25:06 AM
#35
During the recent weeks, reports are coming in that a number of Ethereum developers are no longer being active in the project and many of them are dumping their coins. And this is what money can do to the people. Many of these developers became filthy rich, when they sold a part of their stash at ATH prices ($1,450 per coin). Now they know that ETH is never going to get back to those levels, and they are busy spending their money and moving on to the other projects. Ethereum 2.0 was supposed to roll out by the end of 2019. The new date being given is 2024.
hero member
Activity: 1778
Merit: 504
WorkAsPro
December 25, 2019, 11:39:23 PM
#34
None of the above. Ethereum is just a sailing ship. Sometimes, it braves bad weather in the ocean. Sometimes, the weather is good and its sailing is perfectly smooth. I am referring to its price rising and falling. It is not sinking obviously. It is moving forward. Take a look at their lined up updates and you will realize how active it is. It is not a sleeping giant either. It is widely awake. It has yet to get back to $1,400 though.
I think ETH is considered a very good option during this time because investors have been inclined to invest a lot in this coin recently. The market is currently not stable, so it takes a lot of time for things to get better. Personally, I still spend a lot of time researching because ETH has helped me earn huge profits in the past

However, you need to be more careful when investing in the long term because even a small mistake will make you lose more than 30% of your assets in a short time.
hero member
Activity: 3024
Merit: 651
December 25, 2019, 11:38:21 PM
#33
You do have some good points.
But why give up now?
I bet you had been holding those ETH for a long time now.
Besides, ETH is one of the trusted coins out there. Where else would you put all those 10 percent that you have been holding?
You already have a large percentage for bitcoin so IMO risking it with another new coin will just be difficult and it might end up bad.
member
Activity: 616
Merit: 18
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December 25, 2019, 11:32:19 PM
#32
At first, Vitalik and his team decided to sell some ethereum for them to fund the ETH 2.0 that will transitioned from POW to POS and it is not an easy thing, and they are the only one I knew who have guts to make this possible. The main thing why it is delayed because they want to transition smoothly without bugs.
hero member
Activity: 1568
Merit: 511
December 25, 2019, 11:22:26 PM
#31
I would say its a Sinking Sleeping Giant which is on a ship
It could sink but it is also a sleeping giant at the same price

The risk reward is huge at least imo
Putting the price assume at $200
With target profit range of $600

At most, you will just lose your $200
But the reward side is really huge if the coin could overturn the bearish trend

There's no doubt ever sinking ship could somehow reward one with treasures if you ride on the right one
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