Topic: Whales are busy accumulating Ethereum, but Analysts claim it’ll fall. - page 3. (Read 723 times)
June 09, 2020, 12:02:58 PM
Ethereum now brings a lot of attention to itself due to staking opportunity. Imagine that the biggest altcoin is going to reward its holders. That could lead into the next altcoin bull market because the most important thing on altcoins is the quality assurance. I mean when new token comes with PoS, we will not care about it because we do not trust it, right?
June 09, 2020, 11:22:54 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?
Can't say for sure. If holders keep pumping out their reward from proof of stake and selling it, it is only a matter of time before a trigger could push ETH's price collapse. So I think whale keep on accumulating could give a healthy life for ETH in proof of stake. June 09, 2020, 09:17:14 AM
Ethereum is a top coin and investors don't have time to be worried about future dumps because this coin is the king of all altcoins, take it or leave it, I'd rather hold ethereum than any altcoins in my wallet right now, and I won't regret I did, people are buying for stake rewards, something that can definitely drive eth price up, I feel like Vitalik Buterin should have done this a long time ago already
June 09, 2020, 09:01:18 AM
The only possible price fall on ethereum is if Bitcoin took the fall, I don't believe any analysts and I suggest you don't too, too many past predictions failed to come true, if you want to mislead yourself start relying on analysts predictions
June 09, 2020, 08:58:52 AM
Arrghh 
, I've heard enough about price fall already, Ethereum is a volatile coin, price will eventually fall but for now whales are busy accumulating, I expect everyone to fill their bags too if you know how good this is, it's a dream come true for Ethereum to introduce staking, last two years I never thought that this will be possible.
, I've heard enough about price fall already, Ethereum is a volatile coin, price will eventually fall but for now whales are busy accumulating, I expect everyone to fill their bags too if you know how good this is, it's a dream come true for Ethereum to introduce staking, last two years I never thought that this will be possible. 
June 09, 2020, 08:55:24 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?
yes I really agree with what you say because you have to be able to see when market conditions are falling prices like what happened like this then you should be able to enter and participate because some time later the popes will enter and raise the price of ethereum. June 09, 2020, 08:51:50 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?
June 09, 2020, 08:45:47 AM
It's normal if Ethereum falls after the next update is complete, this is still not guaranteed since it's just a prediction but honestly investors will trust ethereum network staking more than others, I belief this will make many ethereum fans start holding ethereum, I don't see how price will fall but anything is possible
When ethereum prices fall, I think you only need to take advantage of such moments to buy as much ethereum as you can, many investors do that, they dare to buy ethereum at cheap prices and as much as possible hold ethereum until prices recover. June 09, 2020, 08:36:49 AM
It's normal if Ethereum falls after the next update is complete, this is still not guaranteed since it's just a prediction but honestly investors will trust ethereum network staking more than others, I belief this will make many ethereum fans start holding ethereum, I don't see how price will fall but anything is possible
June 09, 2020, 07:20:28 AM
This is one reason why every individual have different point of views because we do our research at different angles.
Also, it is one reason why you should avoid analyst especially when they preach bull or bears.
Focus on the facts you have at hand, and invest accordingly
Also, it is one reason why you should avoid analyst especially when they preach bull or bears.
Focus on the facts you have at hand, and invest accordingly
June 09, 2020, 07:11:49 AM
Whales could say it falls so they can simply buy more. It is just a reverse psychology so people would be lured for price drop and they are the one make it dump.
I think the whales want to make people/traders panic so they will sell their ethereum at any price, and that will make the price will go down faster. People are not going to sell the ethereum if the price is not really down too deep, but they will follow to buy more ethereum like what the whales did. If the ethereum price is down, I think that is because ethereum follows where bitcoin moves, but on the other days, the ethereum price will go up again, and that can be the next higher price.
June 09, 2020, 06:56:20 AM
Ethereum is on its way from a POW from a POS and additional features which can change the coin completely.
It would take another year for complete migration of ethereum to PoS as Vitalik said it will really takes time but partially they will gradually transfer it and coded all necessary for eth PoS.I myself is accumulating eth bags for stacking but what more profitable is the 32 eth validator but this is quite expensive.
Whales could say it falls so they can simply buy more. It is just a reverse psychology so people would be lured for price drop and they are the one make it dump.
June 09, 2020, 06:37:01 AM
Ethereum might be bullish but it still depends on Bitcoin to surge higher, it's true that ethereum can level at 300$ in near future but that's not big enough is it? Some are already saying ethereum will surge to 1000$ after 2.0 feature but I believe that's on bitcoin
Part of it yes but looking back at ETH when it was trading below a dollar it went up to double digits without bitcoin influencing its price so in theory eth can go 1k or even more by its self by the help of the community and its supporters. June 09, 2020, 06:20:03 AM
Ethereum might be bullish but it still depends on Bitcoin to surge higher, it's true that ethereum can level at 300$ in near future but that's not big enough is it? Some are already saying ethereum will surge to 1000$ after 2.0 feature but I believe that's on bitcoin
does not have to be, when ETH was announced 1 BTC was 2000 ETH, now it is in the range between 40-50 ETH, we need ETH 2.0 to take another leap forward, and if that leap would be the same as previous one, that would bring us in range of 1 BTC equal to 1 ETH, this is not an advice, just thinking, but one should be aware that BTC had two big leaps forward before, after each halving and ETH had only one in 2018, it is new and fresh for BTC, and could leap again that good
June 09, 2020, 06:15:35 AM
Ethereum might be bullish but it still depends on Bitcoin to surge higher, it's true that ethereum can level at 300$ in near future but that's not big enough is it? Some are already saying ethereum will surge to 1000$ after 2.0 feature but I believe that's on bitcoin
June 09, 2020, 06:11:34 AM
I think most of the cryptocurrencies are economically tied up with Bitcoin price and development so no matter how positive we are, But if the Bitcoin price will not good enough I'm sure Ethereum price will also follow the trend whether it was uptrend or downtrend it was already tested many times so those so-called analysts are just only speculated like others.
June 09, 2020, 05:17:57 AM
I heard you right but don't always trust analysts even if they are pro, I've been around crypto since 2017 and I've make few mistakes like taking decisions whenever I see analysts predictions, it's still all predictions, they aren't great seer ok?
June 09, 2020, 05:05:02 AM
Whether ethereum will rise and fall later is not something to hold unto because it's ethereum, whatever happens will always be in favour unless you don't have patience, we are talking about the second best crypto coin in crypto space, with prove of stake I doubt there will be price fall that's as bad as now. More demand this coin becomes the higher the value goes
I'm really glad to hear pos being almost released.And you know what - when they'll release it ethereum devs will have an opportunity to work on other adopt-related sides of eth
which is going to rise the value of the coin even further
June 09, 2020, 05:01:58 AM
Whether ethereum will rise and fall later is not something to hold unto because it's ethereum, whatever happens will always be in favour unless you don't have patience, we are talking about the second best crypto coin in crypto space, with prove of stake I doubt there will be price fall that's as bad as now. More demand this coin becomes the higher the value goes
June 09, 2020, 04:41:39 AM
Most, if not all of these analysts hardly says the truth or they say what they feel like to look as if they are still relevant in the industry but the truth is, over the years it has been found that most of their analysis are always wrong and those who held on to it ended up regretting. In the case of Ethereum, it is already known to be a good platform coupled with the improvements coming soon, thus I would say they shouldn't be listened to, although it's my own opinion. Lastly, comparing the price of Ethereum now, there is every tendency to believe the analyst was wrong; just as the number of predictions done over the years which also ended up being wrong.
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