Topic: I have not been nice in my predictions about ETH, but... (Read 459 times)
Ethereum fork 1 is happening now, the other two forks until Jan 16 is yet to come and everybody is expecting that the price will soar higher before that date and after that is uncertain already. I prefer to wait for the price action after the Jan 16 fork. I hope it will gradually goes up and make everybody happy. Ethereum has gone down today from 4K to 3.6K but I doubt it will go down below 3K. So let's hope that after Jan16 it is bullish already.
Hardfork ETH is different from hardfork which has happened before like BCH.
I saw the BCH price going up dramatically before hardfork happened because investors already knew they would benefit when they bought a BCH before the hardfork was finished. And sure enough, I guess many investors who have benefited from hardfork BCH, they get 2 coins at a time.
However, ETH only experienced a price decline, especially today, which has decreased by 13% and the worst is XRP has overtaken it again. Maybe what the OP has decided is correct, sell before hardfork because prices have decreased, it was makesense.
I saw the BCH price going up dramatically before hardfork happened because investors already knew they would benefit when they bought a BCH before the hardfork was finished. And sure enough, I guess many investors who have benefited from hardfork BCH, they get 2 coins at a time.
However, ETH only experienced a price decline, especially today, which has decreased by 13% and the worst is XRP has overtaken it again. Maybe what the OP has decided is correct, sell before hardfork because prices have decreased, it was makesense.
Not only yesterday ETH will always follow the price of Bitcoin when bitcoin price starts decreasing automatically the price if bitcoin will decrease. It doesn't means the price of ETH will go down but again with the market recovery again the price of ETH will recover with the major development they are releasing very soon.
Everyone knows that it is time to sell soon, so they are in a hurry to be among the first. Thus, the dump will be before the fork. Perhaps already begun. That was so many times.
ETH already followed BTC yesterday when dump started actually the market had a movement downwards because of it. Hopefully it will go back to normal before the fork so that there would be small impact on its value. Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
If someone wants to invest in ETH only for a week, it is probably a good strategy. However, Ethereum is not a coin in which you invest in the short-term, you have to invest for a minimum of one year and I am sure that 2019 will be dominated by ETH. After hardfork is possible little dump, because of investors like you (short-term), but right after that I expect long and stable price growing.
I am holding my ETH since then as I also support ETH by doing so. i am long tern hodler its just so happen that in this kind of situation you have to be smart in making decision for ROI.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
I agree with you that ETH is a strong project with a bright future, and it is important to look to that future and what value a smart contract platform can be in the real world. Whole industries can be automated just for a start. ETH really is potentially that transformative. So this is a view of what may happen over say 5-10 years at the shortest.
This then makes the question of what happens over a couple of days now almost immaterial. Yes volatility can be useful for trading, but for the long-term and the potential 'end price' of ETH, the current movements I don't think are that relevant. I know it's easy to get dragged into constantly refreshing the price charts, I'm guilty of it myself, but the big picture and the longer term is far far more important.
Ethereum have said to be rising not because of ethereum fork rather, another reason entirely. The bull market of ethereum may not happen because of the fork. After the fork however, there is a possibility that ethereum will rise in price.
I completely agree with you, since the ethereum Classic Vision has nothing to do with the update of Constantinople, since it is not an official hardfork. And this in turn does not affect pricing today.Ethereum have said to be rising not because of ethereum fork rather, another reason entirely. The bull market of ethereum may not happen because of the fork. After the fork however, there is a possibility that ethereum will rise in price.
I completely agree with you, since the ethereum Classic Vision has nothing to do with the update of Constantinople, since it is not an official hardfork. And this in turn does not affect pricing today. 
there will only be two possibilities after hard fork occurs, namely the price of ETH rises very high or the price of ETH will drop dramatically. about 3 more days we go to Hard Fork.
Yeah with your two possibilities, I'm hoping that this coming fork will uplift the price of Ethereum back to $500 level which I think it's a possible to rise at that level considering that this will create hype when the price will start to move up. Tomorrow could be the launching date but it seems the market has not reacting on a positive way but I'm still hoping for the best. Maybe a week after the launching to really see if this will bring good news to ethereum believers.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
I think it's a safe strategy. If you don't want to take the risk, you can sell the ETH before January 16 and I'm sure its price will be higher than $ 160 because the demand is quite large.But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
It's a safe step but if you want to make more money, hold on to receive free token. I think the new token will be good and its price will be at $ 100.
Ethereum have said to be rising not because of ethereum fork rather, another reason entirely. The bull market of ethereum may not happen because of the fork. After the fork however, there is a possibility that ethereum will rise in price.
there is a lot of speculation, ETH has 3 hardfork schedules, namely Classic Vision, Nowa, and Constantinople. The main hardfork of Ethereum network is happening to the Constantinople hardfork but traders misunderstand because they only target the airdrop from holding a coin. The Ethereum network is already very crowded so Ethereum did hardfork because Constantinople was able to fix this problem. people began to panic because ETH prices from 0.04> 0.037 yesterday and have an impact now many are choosing to sell rather than hold even though the main hardfork has not been implemented.
Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
If someone wants to invest in ETH only for a week, it is probably a good strategy. However, Ethereum is not a coin in which you invest in the short-term, you have to invest for a minimum of one year and I am sure that 2019 will be dominated by ETH. After hardfork is possible little dump, because of investors like you (short-term), but right after that I expect long and stable price growing.
A little more time, when we understand how the plug will affect the ETH and its price. But I think that a recession at the same time by 10-15% is inevitable, and then we will return to the last level again.
Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
If someone wants to invest in ETH only for a week, it is probably a good strategy. However, Ethereum is not a coin in which you invest in the short-term, you have to invest for a minimum of one year and I am sure that 2019 will be dominated by ETH. After hardfork is possible little dump, because of investors like you (short-term), but right after that I expect long and stable price growing.
Whatever it is I will still support ETH. It is very critical when the date of fork comes so lets see what will happen I would probably sell my ETH before that day as for sure (for me) it will dump and afterwards Ill just buy back. You have to play the market to ensure good profit.
Constantinpole is only a feature upgrade for ETH and there won't be any new coins generated for it. ETH is not moving much ahead of this event.
I'm also down with this coin but that wont stop of holding it. Weve seen the peak and we just have to be there again. $2000 prediction looks high, I'm just expecting it to go high by $500-$1000.
Somewhere around that price would be really fine to start selling. I wont sell after the fork but Im putting my faith on it that no massive sell offs will occur. The constantinople will upgrade ETH but with the two forks before it, I think people will sell those coins for ETH.
Somewhere around that price would be really fine to start selling. I wont sell after the fork but Im putting my faith on it that no massive sell offs will occur. The constantinople will upgrade ETH but with the two forks before it, I think people will sell those coins for ETH.
I do not think just to wait for the upgrade and sell before it will give you great profit as there are series of updates lined up for eth this year i think eth can prove to be best hodl of this year and it can yield massive profits by year end.
The hardfork is going to be the reason why people are going to invest in ethereum this season. I believe that if you can invest now you might make good profits in some weeks to come. Trading ethereum for other coins is not advisable now but Selling other coins for ethereum is the right thing to do now. Another reason for investing in ethereum currently is because ethereum is currently undervalued and if you buy at this low price you have reduced your risk.
No one is nice at predicting the market you only need be careful and invest at the right time.
No one is nice at predicting the market you only need be careful and invest at the right time.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
The correct till 17 january, sold them before hardfork or hold em and accumulate more ethereum. Both become the main consideration before hardfork happen. But i remind you never take shitty airdrop coins just like ETN and ETCV as a part of this hardfork. But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
the way that fork induced pumps work is this:
basically there are 3 time frames:
1. before the fork
2. close to the fork like the day of the fork
3. after the fork.
1. before the fork is starting from the time the news of it gets out and the hype builds up. initially whales start buying the coin to get ready to pump it and then slowly the pump begins. usually takes about a week.
2. right before the fork they dump the coin because they know others will surely dump right after the fork so they want to stay ahead of the curve but they don't want to dump all because there still is the free air drop coming after the fork
3. after the fork people get the free airdrop and then want to dump their coins (both of them) and they do and the coin drops hard down as people are cashing out.
basically there are 3 time frames:
1. before the fork
2. close to the fork like the day of the fork
3. after the fork.
1. before the fork is starting from the time the news of it gets out and the hype builds up. initially whales start buying the coin to get ready to pump it and then slowly the pump begins. usually takes about a week.
2. right before the fork they dump the coin because they know others will surely dump right after the fork so they want to stay ahead of the curve but they don't want to dump all because there still is the free air drop coming after the fork
3. after the fork people get the free airdrop and then want to dump their coins (both of them) and they do and the coin drops hard down as people are cashing out.
Maybe we should have the courage to make a decision even though it is risky, and for me it is more optimistic after Hard Fork then ethereum will be able to grow better, and because of that I am not thinking of selling right now.
I agree with what you say, cryptocurrency is indeed full of risks. To do something bigger there must be a risk faced, I am pretty sure ETH prices will rise after hard fork.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
Always sell on the news.! This is my primary fundamental reactions when it comes to this very speculative market. Don't wait for the after events because you would surely got on the dump.But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
Even on Bitcoin alone it do even break thousands of hopes and on most altcoins.So, its not really surprising after all.this upcoming fork on ETH would either give out pumps or dump.So, try to utilize it as long it can make profits.
On a hindsight, I'm thinking that this Bitcoin bullish trend or at least this spike has something to do with Ethereum fork, somehow its really pulling up the price of Bitcoin as well, so let's see how it pans out specially after the fork is completed. Sketchy as this point because we are still in the bearish sentiments, but we will see.
This bullish trend really may have something to do with ethereum fork. Eth/BTC pair has increased also recently.
This fork is important for the ecosystem, as it will be important for proof of stake implementation, which could be good for the whole ecosystem, triggering a bull run.
Many pow coins are already suffering lots of 51% attacks. POS could be a solution for those coins, and ethereum solution to use POS may be used by those projects.
Ethereum is too hyped right now, in my opinion we should see a correction near 16th of january near fork. Bitcoin should also be dumping meanwhile testing 3,300$ again.
We have also seen what happend after everybody hyped for XRP xrapid, it went from 0.28$ to 0.80$. Couple months later back sub 0.30$ LOL anyways be careful this is a volatile market.
We have also seen what happend after everybody hyped for XRP xrapid, it went from 0.28$ to 0.80$. Couple months later back sub 0.30$ LOL anyways be careful this is a volatile market.
Maybe we should have the courage to make a decision even though it is risky, and for me it is more optimistic after Hard Fork then ethereum will be able to grow better, and because of that I am not thinking of selling right now.
Actually the OP has shown courage by saying that he/she won't hold and wouldn't take the risk, buying right now is the best option and then exit right after the fork because he/she believes the a big dump is coming. Not only courageous but has plans that might not be suitable for others like you, but for him/her it's a clear cut plan and I'm sure he/she is going to follow it to the tee. I guess that's the difference between noob and experience one. You need to have plan and execute it perfectly.
On a hindsight, I'm thinking that this Bitcoin bullish trend or at least this spike has something to do with Ethereum fork, somehow its really pulling up the price of Bitcoin as well, so let's see how it pans out specially after the fork is completed. Sketchy as this point because we are still in the bearish sentiments, but we will see.
Maybe we should have the courage to make a decision even though it is risky, and for me it is more optimistic after Hard Fork then ethereum will be able to grow better, and because of that I am not thinking of selling right now.
there will only be two possibilities after hard fork occurs, namely the price of ETH rises very high or the price of ETH will drop dramatically. about 3 more days we go to Hard Fork.
Everyone agrees with OP that is why the price has been stable recently and went up consistently. The reason for the increase is not some bull we can not see it is because price is actually going up because of the hard fork. People want to get to staking instead of mining.
I have seen people who have mined ethereum for years and have 400+ mining rigs and so forth that is now selling all their equipment for a lot less than they originally bought them and using all of that money to buy ethereum. They believe instead of mining some other coin they wish to continue sticking with ethereum and just instead of mining will be staking instead which requires them to own a lot of ethereum. Hence, I think it is smarter for us to even buy right now because even after 16th January price doesn't seem like it will go down that easily anymore.
I have seen people who have mined ethereum for years and have 400+ mining rigs and so forth that is now selling all their equipment for a lot less than they originally bought them and using all of that money to buy ethereum. They believe instead of mining some other coin they wish to continue sticking with ethereum and just instead of mining will be staking instead which requires them to own a lot of ethereum. Hence, I think it is smarter for us to even buy right now because even after 16th January price doesn't seem like it will go down that easily anymore.
Hard fork ETH will be done on January 11, which means we only have about 3 days to find a decision between selling or buying. I'm sure there will definitely be a surprise at ETH prices later.
I've bought a few ETH because of what I call the "Bitcoin bubble effect".
When Bitcoin goes all the way to the moon nobody can buy BTC because it is sold out in most places.
Also transaction cost can go sky high and other negative effects of mass mania.
A lot of newbies grab the next best thing to Bitcoin. This used to be LitecoinDogecoin however it is now Ethereum.
Ethereum will go to the moon and that's the cue to get out.
With a potential to increase of 10x it has a better gain than Bitcoins 5x gain. (based on last ATH which should get hit)
When Bitcoin goes all the way to the moon nobody can buy BTC because it is sold out in most places.
Also transaction cost can go sky high and other negative effects of mass mania.
A lot of newbies grab the next best thing to Bitcoin. This used to be Litecoin
Ethereum will go to the moon and that's the cue to get out.
With a potential to increase of 10x it has a better gain than Bitcoins 5x gain. (based on last ATH which should get hit)
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
So where are those predictions that you’ve been not nice for ethereum?sounds like the title is different from the body But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
But hitting $2,000 in a year for ethereum is not impossible because in just a month ETH had reached almost $1,500 in january
Marking a 9 days holding before the hard fork is not a good idea,instead why not just let the fork pass and wait for the proper growth ethereum may have this year
I think the risk is reasonably low.
Just my 2 cents anyway. Best of luck whatever you do.
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
So where are those predictions that you’ve been not nice for ethereum?sounds like the title is different from the body But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
But hitting $2,000 in a year for ethereum is not impossible because in just a month ETH had reached almost $1,500 in january
Marking a 9 days holding before the hard fork is not a good idea,instead why not just let the fork pass and wait for the proper growth ethereum may have this year
This is the Bitcoin Speculation sub. You should probably post about shitcoin’s here ——> https://bitcointalk.org/index.php?board=67.0
This coin let me down so many times. But there is the hard fork of January 16, I see no reason why ETH would drop until then. By then it should keep pumping. I have read predictions for ETH to reach 2000 USD in a year (but I certainly don't believe that).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
But the adoption of the blockchain is more and more important so there will be more and more smart contracts.
Short term (9 days to hold until January 16), ETH should do alright, then I would rather sell just before the hard fork (to prevent yourself from a big dumping) OR otherwise just hodl for the long term (but that is not really my strategy).
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