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Topic: Whales are busy accumulating Ethereum, but Analysts claim it’ll fall. (Read 723 times)

sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
Let's go this way; taking a look at when the analysis by the experts or analysts were made, everyone will agree that they aren't saying the truth, also a greater number will agree that the crypto space do not follow any analysis but goes in a different way; this has been proven many times. Ethereum is already growing even when the upgrade is not yet done, what then will happen when it gets launched? Nevertheless, it has been a long time I stopped listening to these analysts because the crypto space will still remain unpredictable owing to various factors such as fomo, panic etc within it which affects in one way or the other.
hero member
Activity: 2086
Merit: 501
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I don't really believe in those analysts they could tell whatever they want and for once I think I get why they are claiming it'll fall.
They think it would fall because the whale would dump it once the FOMO is over and it would crash the price down again just like what happen in Bitcoin price back in the late 2017.
jr. member
Activity: 119
Merit: 2
 I dont think eth will really dump soon , I think apart from the reddit  eth adoption news , the trending DeFi project is pushing Eth price up as the demand for Eth as gas has increase recently. so even if Eth price goes down it might just be a correction  which might pick up  again and not a big price dump.
full member
Activity: 2324
Merit: 175
It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.



These are whales and whales did not become whales if they are not doing enough research, so much of these experts analyses, some of them are creating FUDS they've saying that ever since, and this is Ethereum and they have proven themselves in the market ever since it could have been different coin I will believe them if they are not talking about Ethereum. 
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
I agree if whales accumulate Eth this is a very bullish signal. I think we will see strong growth again Eth, I believe it is inevitable
If whales want to accumulate ETH, they will cause the price to move sideways or collapse in the short term. I, like you, hope they can accumulate as much as possible and then be able to pump them to the moon again.
how that will happen to make the price collapse in short term? I guess the whales created a dump but it can happen for short term or even long term. Have you seen what happened on the march? when bitcoin gone to the 4k and whales have already tried to accumulated ethereum. I guess the whales have already accumulated it
no. whales will continue to accumulate until ETH 2.0 will be released. Their goal now is to accumulate as many coins as possible so that later they can send them to the staking and take the biggest rewards with passive income.
member
Activity: 143
Merit: 10
Whales are main market makers, so if they want to accumalate more, they wont allow eth dump
hero member
Activity: 2702
Merit: 510
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I agree if whales accumulate Eth this is a very bullish signal. I think we will see strong growth again Eth, I believe it is inevitable
If whales want to accumulate ETH, they will cause the price to move sideways or collapse in the short term. I, like you, hope they can accumulate as much as possible and then be able to pump them to the moon again.
how that will happen to make the price collapse in short term? I guess the whales created a dump but it can happen for short term or even long term. Have you seen what happened on the march? when bitcoin gone to the 4k and whales have already tried to accumulated ethereum. I guess the whales have already accumulated it
sr. member
Activity: 1526
Merit: 251
It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.

Sources:

https://www.newsbtc.com/2020/05/17/fear-of-altcoin-crash-hasnt-stopped-ethereum-and-erc-20-whales-from-accumulating/

https://decrypt.co/29212/fortnite-players-love-reddits-new-cryptocurrency

https://micky.com.au/reddit-tests-its-own-eth-based-crypto-for-rewards-system/

https://bitcointalksearch.org/topic/ethereum-prices-can-tremendously-shoot-upwards-thanks-to-reddit-5240140

Analysis from analysts can also be wrong and I think that is normal. The analysis of the analysts must also have a strong basis as well as the whales, they buy ethereum because they have their own analysis that is different from the others.

Or they are saying something opposite? We really don't know the true motives of these "Analysts" why they are disclosing some of their analyses.
They may be also checking the pulse of the market. And see what's the reaction of the users.
But anyway, even without their analyses. I still believe in the capability of eth as they have strong development team.
Also, it is up to you if you will buy their findings or just follow your instincts because it is your money at stake.

or maybe they just make this situation like they expectations, make as if what people want and they will in after they think that enough.
however this a hard situation to predict current market condition, so i assume people still doubt this news.
or maybe some already in, without considering first.
hero member
Activity: 2744
Merit: 588
It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.

Sources:

https://www.newsbtc.com/2020/05/17/fear-of-altcoin-crash-hasnt-stopped-ethereum-and-erc-20-whales-from-accumulating/

https://decrypt.co/29212/fortnite-players-love-reddits-new-cryptocurrency

https://micky.com.au/reddit-tests-its-own-eth-based-crypto-for-rewards-system/

https://bitcointalksearch.org/topic/ethereum-prices-can-tremendously-shoot-upwards-thanks-to-reddit-5240140

Analysis from analysts can also be wrong and I think that is normal. The analysis of the analysts must also have a strong basis as well as the whales, they buy ethereum because they have their own analysis that is different from the others.

Or they are saying something opposite? We really don't know the true motives of these "Analysts" why they are disclosing some of their analyses.
They may be also checking the pulse of the market. And see what's the reaction of the users.
But anyway, even without their analyses. I still believe in the capability of eth as they have strong development team.
Also, it is up to you if you will buy their findings or just follow your instincts because it is your money at stake.
full member
Activity: 826
Merit: 104
I agree if whales accumulate Eth this is a very bullish signal. I think we will see strong growth again Eth, I believe it is inevitable
If whales want to accumulate ETH, they will cause the price to move sideways or collapse in the short term. I, like you, hope they can accumulate as much as possible and then be able to pump them to the moon again.
full member
Activity: 336
Merit: 100
I agree if whales accumulate Eth this is a very bullish signal. I think we will see strong growth again Eth, I believe it is inevitable
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
who holds or has a lot of money will determine the market.
if whale makes purchases in large quantities, the presence or absence of news ethereum will rise dramatically, while they make the news only to attract people's attention so they really believe.
at least that is a reasonable explanation for now.
sr. member
Activity: 1428
Merit: 251
It’s been reported that whales are busy accumulating Ethereum and other crypto’s, but Analysts are also busy claiming that Ethereum prices will tank and I feel those Analysts are wrong. The key reason why I believe those Analysts are wrong is because Reddit is in the process of adopting Ethereum, and due to Reddit’s adoption suddenly millions of Reddit’s users will buy/hodl Ethereum which in turn will shoot it’s prices upwards. What are your thoughts on those Analysts claim, do you think that they’re right and Ethereum prices will actually tank?.

Sources:

https://www.newsbtc.com/2020/05/17/fear-of-altcoin-crash-hasnt-stopped-ethereum-and-erc-20-whales-from-accumulating/

https://decrypt.co/29212/fortnite-players-love-reddits-new-cryptocurrency

https://micky.com.au/reddit-tests-its-own-eth-based-crypto-for-rewards-system/

https://bitcointalksearch.org/topic/ethereum-prices-can-tremendously-shoot-upwards-thanks-to-reddit-5240140

Analysis from analysts can also be wrong and I think that is normal. The analysis of the analysts must also have a strong basis as well as the whales, they buy ethereum because they have their own analysis that is different from the others.
hero member
Activity: 2268
Merit: 507
Everyone is free to say analyzing it against ethereum and opportunities to rise and fall can still occur. I think in this case the drama will play, if it is not strong in terms of holding and listening to other people's analysis and we just obey it, then chances are we will be wrong in taking steps.
The problem is they never tried to see the reality. So many times the analyst have failed to predict the market and that makes not so many people didn't wanna try to believe them again. Just try to see the reality that was happening in the market
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
It's balance when somebody says that the market for Ethereum will tank or for bitcoin and any other cryptocurrencies. This is the equilibrium of cryptocurrencies.
As long as not everybody telling us that the market will go up, you should feel good with it. But whenever all of these people are claiming that we're about to enter a bull market then that's the time that you should be fearful.
hero member
Activity: 2604
Merit: 816
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I guess if they have accumulated a lot of ethereum in their bags. The potential that will be given by the next update is very big consider it's not only the inflation but they can get passive income from the network too. Big waves will be coming for ethereum
Then we need to wait for that time, but now, as bitcoin price is down too deep, ethereum price follows to go down, and we don't know when the ethereum price will increase again. The down of the ethereum price now is not too deep, but if bitcoin goes down for more, then it could be possible for ethereum to go down again.
member
Activity: 430
Merit: 10
terra-credit.com
Everyone is free to say analyzing it against ethereum and opportunities to rise and fall can still occur. I think in this case the drama will play, if it is not strong in terms of holding and listening to other people's analysis and we just obey it, then chances are we will be wrong in taking steps.
You are right, when reading a lot of analysis and opinions of others then it makes our minds can not be clear. but apart from that, all I see what happens to ethereum transaction costs seems to be increasing. whether this is affected by the renewal or is only caused by the hectic transaction.
full member
Activity: 2142
Merit: 183
I think the market will need to adjust again before strong growth. You know, Covid 19 is still raging in many countries and this still makes many service businesses die a lot. Large economies in countries like the US, Italy and Spain, Russia will also be greatly affected and that will make the stock market plummet. it will certainly affect the crypto market and I am still waiting for ETH to fall back to $ 180 to buy again.
I think fall back to price $ 180 will be a little difficult because the bearish situation on ETH is over. Right now the Crypto market situation is good enough, We can see a lot of Altcoin which has increased leaving downtrend to uptrend. If you buy ETH Now, I think it's still the right moment.
Now the situation is really very good for the overall growth of the cryptocurrency market. First of all, this is a recent reduction in the remuneration of miners by half for each new block of bitcoin mined and the impending global economic crisis. Along with the general increase in market prices, the price of ethereum will also rise. At the same time, we also expect the introduction of Ethereum 2.0 improvements in this coin, which will provide it with better functionality. I think that after that the demand for ethereum and its price will increase significantly.
full member
Activity: 1190
Merit: 100
Everyone is free to say analyzing it against ethereum and opportunities to rise and fall can still occur. I think in this case the drama will play, if it is not strong in terms of holding and listening to other people's analysis and we just obey it, then chances are we will be wrong in taking steps.
hero member
Activity: 1442
Merit: 510
I think the market will need to adjust again before strong growth. You know, Covid 19 is still raging in many countries and this still makes many service businesses die a lot. Large economies in countries like the US, Italy and Spain, Russia will also be greatly affected and that will make the stock market plummet. it will certainly affect the crypto market and I am still waiting for ETH to fall back to $ 180 to buy again.
I think fall back to price $ 180 will be a little difficult because the bearish situation on ETH is over. Right now the Crypto market situation is good enough, We can see a lot of Altcoin which has increased leaving downtrend to uptrend. If you buy ETH Now, I think it's still the right moment.
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