Whales are busy accumulating Ethereum, but Analysts claim it’ll fall. - page 2.

matchi2011

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Quote from: cosmofly on June 11, 2020, 04:42:14 AM

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.

There are influence that can affects the market, we ain't sure if the value will fall to that level or it will rise more as there are investors who are willing
to keep holding and allow the market to work and bring more benefits.

It's hard to conclude whether this rise will continue and try to achieved another high, but with the help of whales who are accumulating more assets
and keep the coins inside their wallets it's not impossible to see more hype.

vlast01

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Quote from: KaratX on May 19, 2020, 11:57:00 AM

Ethereum will not fall unless Bitcoin falls, all altcoins depends on Bitcoin and if Bitcoin can manage to pull up to its past all time high many altcoins will surge and become profitable for holders, it's better to keep holding your ethereum, it's way better than new coins today

Exactly ETH is better than other new coins.Expert would have realized how Ethereum is very promising in the future and why it is more safe to invest with it now . But we cannot predicted what would happen in the future even expert could be wrong. My opinion is even Ethereum price falls down it can recover it's price like how bitcoin does.

btc78

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Quote from: Juggy777 on May 19, 2020, 09:20:39 AM

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

If they are accumulating Ethereum now then for sure they are looking forward to the following days to Pump the said currency for them to Bag our money and we cannot do anything to Hinder them instead we must join them to make even small part in their success.

Quote from: Novatech8 on June 11, 2020, 03:09:55 AM

Ethereum hit 249$ hours ago, almost 250$ and that's a good sign if you ask me, it's been a while since ethereum is this bullish, the only thing that can make Ethereum drops in price now is Bitcoin, I'm not seeing how Ethereum will dump on its own without the help of Bitcoin.

few days ago ethereum had already Hit 252$ so 249 is a little bit short to point out.

But indeed that ethereum has new days to come that we need to expect.

niisarearning

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Regarding reddit yesterday i was reading about reddit Vault wallet and how it works . But still not clear about token exchange listing but as they claiming its openly traable based on rediit karma what token we receive . Its still in testnet once started using by Reddit community surely there will be huge use case added to Ethereum but one thing we shouldn't forget about ethereum scalability while cryptokitties launched how etherum network struggled . For now boosting ethereum price only one way that is Ethereum 2.0

cosmofly

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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.

Reatim

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Quote from: Juggy777 on May 19, 2020, 09:20:39 AM

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

Well if whales really accumulating that time ?then surely they are in good faith now because from May 19 there are more than 100% of profit they have?

https://coinmarketcap.com/currencies/ethereum/

Looking at the graph from $112 price in may19 2020 now the price is more than 240$ already giving the whales of more than double of their capital.

and since there are no big dumping that happening so far means Whales are still Holding and waiting for right timing.

pawanjain

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Nothing lasts forever

I don't find any reason for ethereum to tank unlike the analysts. What is the reason they think that ether will tank ?
For me, I have been accumulating ether quite recently since I believe that holding ether will get me good profits in the long run.
Also, I am being optimistic with the ethereum PoS migration and I am willing to stake some ether so need to accumulate it as much as possible.

Novatech8

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Ethereum hit 249$ hours ago, almost 250$ and that's a good sign if you ask me, it's been a while since ethereum is this bullish, the only thing that can make Ethereum drops in price now is Bitcoin, I'm not seeing how Ethereum will dump on its own without the help of Bitcoin.

deathcode

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Eloncoin.org - Mars, here we come!

Quote from: makishart on June 10, 2020, 10:36:50 PM

Quote from: michellee on June 10, 2020, 08:16:32 PM

Quote from: irixo10 on June 10, 2020, 03:08:31 AM

This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?

Maybe the whales keep busy to buy ethereum when ethereum price is down so they can get more ethereum in their wallet. They want to make a huge profit from ethereum, especially if the price can increase in the future. We know that ethereum has a big chance to grow in the next bull run, and the ethereum itself is one of the potential coins which can back to the higher price.

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

passive income from holding ethereum assets for future renewal can also be a bad weapon for the ethereum market, given the huge supply of ethereum today. this will affect the ethereum market if comparisons and preparations for renewal are not calculated to perfection.

Synaesthesia

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Quote from: Stanlo on June 10, 2020, 02:02:55 AM

Yes ethereum will surely fall because that's what every coins do except stable coins, rise and fall aren't permanent that's a thing with all coins unless they are bad project, Ethereum is big enough that holding through any storm is what the project deserves, whatever happens those who will hold will hold.

Those who choose to invest long-term are investors who have a great deal of patience because the market is always volatile daily, and recently there have been lots of unexpected price drops. I think I should only choose long-term investment according to my ability and should divide the investment capital appropriately to ensure profit. I personally always be careful when choosing to invest and only buy when that coin shows signs of decline.

makishart

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Quote from: michellee on June 10, 2020, 08:16:32 PM

Quote from: irixo10 on June 10, 2020, 03:08:31 AM

This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?

Maybe the whales keep busy to buy ethereum when ethereum price is down so they can get more ethereum in their wallet. They want to make a huge profit from ethereum, especially if the price can increase in the future. We know that ethereum has a big chance to grow in the next bull run, and the ethereum itself is one of the potential coins which can back to the higher price.

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

michellee

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Quote from: irixo10 on June 10, 2020, 03:08:31 AM

This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?

Maybe the whales keep busy to buy ethereum when ethereum price is down so they can get more ethereum in their wallet. They want to make a huge profit from ethereum, especially if the price can increase in the future. We know that ethereum has a big chance to grow in the next bull run, and the ethereum itself is one of the potential coins which can back to the higher price.

irixo10

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This is kind of unbelieving, report shows that whales are busy accumulating Ethereum and someone is saying that it will fall, the question is; why are they accumulating? In my own opinion I think it will go up the more thus am not believing whatever the analysts are saying because they don't normally predict the correct thing. Lastly, the price of Ethereum has been green since weeks now, so what will they say about it?

Stanlo

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Yes ethereum will surely fall because that's what every coins do except stable coins, rise and fall aren't permanent that's a thing with all coins unless they are bad project, Ethereum is big enough that holding through any storm is what the project deserves, whatever happens those who will hold will hold.

HunterUnchained

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It's unsurprising really.. With the turn of events recently and the new version 2.0 of Ethereum launching soon, analyst believe it will more than likely lead to Ethereum pumping due to its ability to be staked, speed of transactions and even cheapness. Those with the proper information are already stock g up on Ethereum and rightly so. Even the price has remained bullish these past few weeks showing the evidence that, it will likely result in another Ethereum rally.

Lagduf

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Quote from: FireBallex on June 09, 2020, 09:51:50 AM

Whales aren't accumulating Ethereum for future pumps or anything like that, they are accumulating because of proof of stake, so if price dumps it doesn't mean any thing, won't stop holders from getting their rewards right?

It won't and that makes the whales are trying to accumulate more ethereum before it will be going up and then the whales must have spent more money to get more ethereum as the price already increased a lot.
POS ethereum is a promising update.

SlimShadyMmp

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COMBO 2.0

Pos and Dapps are one of the most popular things going on the ethereum chain and it actually seems to be the most favorable when it comes to Defi so I think there will be growth but then accumulating can hurt your feelings mate Remember its Crypto and is volatile even real business struggles So trade carefully

qazgroup

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Quote from: Juggy777 on May 19, 2020, 09:20:39 AM

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

Everyone has the right to have his own opinion and analysis especially when it comes to the price of a certain coin but personally i am super bullish for eth, i mean you can check and confirm that both fundamentally and technically eth is nicely placed and is due for massive run, i will not be surprised if eth reaches new high price by years end.

Ccscopst

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I don't think that the price of ETH will fall, I guess that's the opposite. Considering that ETH is one of the most potential altcoin for investment in the future, I believe that ETH will continue to move significantly upwards.

wozzek23

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Well, these two things are not mutually exclusive, ethereum price could fall while also whales accumulating for it to go upside later on?

We are talking about whales, these are not people like you who would want to make a quick 100% profit in a month or whatever, these people knows that in order to make a huge profit you have to wait YEARS before selling it. That is why they do not care if ethereum will fall in the next 1-3 years, it could drop, when it drops they will buy even more, when it rises they will continue to buy.

They will get as much ethereum as they want and in the end will stop buying and start waiting, after that all it takes is patience, they will wait until ethereum rises to the level they want to sell and when it reaches that level they will simply just sell it.

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