Topic: Is Ethereum a bubble? - page 35. (Read 27515 times)

Quote from: brushgee on June 25, 2017, 02:52:22 AM

if ETH crashed all that money needs to go somewhere

No it doesn't. It can disappear into nothing just as it was for the most part created out of nothing.

I think money is moving to bitcoin, just look at the chart of Bitcoin recently

But the price of the bitcoin is not rising at the moment.

IMO it will rise later when the market recover, only ETH won't

Isuza

full member

Activity: 224

Merit: 250

Quote from: ThomasVeil on June 25, 2017, 02:47:02 AM

Quote from: ThomasVeil on June 25, 2017, 02:47:02 AM

if ETH crashed all that money needs to go somewhere

No it doesn't. It can disappear into nothing just as it was for the most part created out of nothing.

I think money is moving to bitcoin, just look at the chart of Bitcoin recently

But the price of the bitcoin is not rising at the moment.

brushgee

newbie

Activity: 14

Merit: 0

if ETH crashed all that money needs to go somewhere

No it doesn't. It can disappear into nothing just as it was for the most part created out of nothing.

I think money is moving to bitcoin, just look at the chart of Bitcoin recently

ThomasVeil

sr. member

Activity: 252

Merit: 250

Quote from: oddwh on June 20, 2017, 11:56:59 PM

if ETH crashed all that money needs to go somewhere

No it doesn't. It can disappear into nothing just as it was for the most part created out of nothing.

andrei56

sr. member

Activity: 840

Merit: 254

For me, ethereum is in a bubble, but that doesn't mean that if the bubble pops, ETH would crash so much than it would disappear of our minds.

That's why I'm always thinking ETH could drop below 100~150$ this year. This wouldn't kill it, but this could let a chance for those who missed the train to come in.

Anyway to see these prices again, BTC has to crash a little bit too.

There are many things that could happen, if ETH crashed all that money needs to go somewhere, maybe it goes to fiat but maybe it goes to bitcoin, we cannot know that, but bitcoin could crash too if for some reason there is a split on the network.

oddwh

hero member

Activity: 854

Merit: 1002

For me, ethereum is in a bubble, but that doesn't mean that if the bubble pops, ETH would crash so much than it would disappear of our minds.

That's why I'm always thinking ETH could drop below 100~150$ this year. This wouldn't kill it, but this could let a chance for those who missed the train to come in.

Anyway to see these prices again, BTC has to crash a little bit too.

LookingBackATH

newbie

Activity: 14

Merit: 0

Would it one helluva bubble if it were one but I don't think it is.

Aquazi

full member

Activity: 215

Merit: 100

Quote from: andrei56 on June 20, 2017, 09:14:30 PM

Actually Ethereum itself is not a bubble but people have to buy ethereum to invest in icos. I think icos must accept 4-5 different currency at the same rate to avoid this absurdity.

I think most of the ICO are dubious. It is better not to invest in them.

Most ICOs are not only a waste of money but a waste of time too, many spend some time trying to figure out if the ICO is going to be successful and read the white paper but to be honest the only thing they are doing is gambling with their money.

The entire crypto market is pure speculation, there's like no real use of anything we trade.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: soros017 on April 08, 2017, 11:55:25 AM

Actually Ethereum itself is not a bubble but people have to buy ethereum to invest in icos. I think icos must accept 4-5 different currency at the same rate to avoid this absurdity.

I think most of the ICO are dubious. It is better not to invest in them.

Most ICOs are not only a waste of money but a waste of time too, many spend some time trying to figure out if the ICO is going to be successful and read the white paper but to be honest the only thing they are doing is gambling with their money.

paramind22

hero member

Activity: 2730

Merit: 552

What price do you think ETH should be bought into now? It's gone down 10% in the last week.

Andy_K

newbie

Activity: 15

Merit: 0

Is it true that so far there is no limit to the number of coins that will exist? Where is the logic in this parameter?
If that is the case, inflation would drive the price down in the long run. To resolve something like that, a hard fork would be needed.

The price only gets driven down if inflation is greater than the sum of lost coins plus new investment.

There is a fixed creation rate. If I give you 1p a day for the rest of your life, you don't have an unlimited supply of money.

johnaz

newbie

Activity: 4

Merit: 0

I think most of the ICO are dubious. It is better not to invest in them.

That's how I feel as well. Lots of hype and very little meat.

prabakharras

sr. member

Activity: 546

Merit: 250

Ethereum today is definitely propped up by the ICO. There will be a correction when tokens market collapse
https://www.coingecko.com/en/price_charts/ethereum/usd
But Ethereum will still be worth going long because of the roadmap and other possibilities, ICO isnot the only game in town friend.

Alpinat

sr. member

Activity: 840

Merit: 252

Actually Ethereum itself is not a bubble but people have to buy ethereum to invest in icos. I think icos must accept 4-5 different currency at the same rate to avoid this absurdity.

I think most of the ICO are dubious. It is better not to invest in them.

That is right. It is better to hold the ETH directly.

Ludwish

newbie

Activity: 70

Merit: 0