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Topic: Whales are busy accumulating Ethereum, but Analysts claim it’ll fall. - page 5. (Read 723 times)

member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
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
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

Reddit having their own ERC token would be great. Not really a reddit user but I do have an account. So they are taking away those coins they have or will just use the Ether network but still use the same old coin they have?

Its always been seen that ETH will rise up again. If they say it will fall its often to make those who will panic to sell for cheap price aka fud.
member
Activity: 490
Merit: 16
Ethereum can fall if bitcoin fails to keep up this is normal, it's not like ethereum will take a huge dive like what happened in March and that was because of the pandemic which makes Bitcoin retreat to 3500$, that can't happen again
hero member
Activity: 2828
Merit: 518
Don't fall to their claims, they are whales, and they want to play some trick again. They are trying to save their money but not us.
If ever we follow them, should we get assurance from the market? of course not and with the fact that they don't know as well. They are also having their own speculation and because they have that power to change the trend by enforcing us to buy more.
It was a good idea to observe the market movement first before getting in.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
That's BS to follow what already stated by the analyst. There was a lot of analyzation to the bitcoin market and these analyzations said that the price of bitcoin will go to the 3k and it will not be going back again but the fact that is happening right now is different with the analyzation that has already made by them all.
jr. member
Activity: 250
Merit: 2
I think this is one reason why it is stated that we should invest based on our research functions.
To an extent, i would assume that the whales accumulating etherum has done their homework and have valid reasons to accumulate etherum, the analysts can continue to analyse the market, which is their sole job and specifications.

Do what suits your instinct after doing your research, don't be influenced by any 3rd party.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
Yeah. Ethereum is an absolute gem right now and i think under 400-500 it would be good entry considering previous highs and if we assume the same kind of bull run like we saw in 2017-18 the experts say eth will reach a peak of around 6k this time around so perhaps the most attractive hold in the market right now is none other than eth.
Never believe such bullshit predictions. Looking at the fact, there is no reason to help ETH rise to $ 6000 in the future. Even they could not get past ATH because the ICO was dead, it was the ICO that helped ETH soar in 2017 and 2018.
member
Activity: 95
Merit: 10
There will always be analysis, those that will say it's going to tank and those that will say it's going to rise. But a news like reddit adopting ETH will give the price a temporary pump not a permanent one.
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
Ethereum will tank? Even if this is somekind of FUD it's not going work, this is ethereum we are talking about here, whatever happens will just be a correction, nothing more, if it ever fall that will be an opportunity for people like me who will always buy the dip
member
Activity: 812
Merit: 10
BountyMarketCap
Even if eth falls i think it will just be a correction and not serious downtrend and it seems like we are approaching long term trend reversal and it will be confirmed if eth breaks recent highs of 280 and then 350 with good volume and momentum after that i see many green candles to take the price higher.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Yeah. Ethereum is an absolute gem right now and i think under 400-500 it would be good entry considering previous highs and if we assume the same kind of bull run like we saw in 2017-18 the experts say eth will reach a peak of around 6k this time around so perhaps the most attractive hold in the market right now is none other than eth.
hero member
Activity: 2646
Merit: 686
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
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