What is ETH bottom ? - page 2. | Bitcointalksearch.org

danherbias07

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Quote from: Idrisu on September 19, 2017, 02:34:23 AM

The last bottom was when ethereum fell bellow $143 in July and that happened when the hardfork issue and splitting was in the Top Gear. I don't think that ethereum is going to go back there again. So to me $143 is the current bottom and we hope ethereum keep growing and I do speculate that ethereum may get to $1,000 before the end of this year. If the price break the bottom ethereum may fell below $100 and if it breaks the resistance level of $500 then we would get to $1000.

That is one hell of a speculation but I want to agree with you.
I still have ETH in my wallet and I just keep it for that purpose.
It can go way above $300 and I will do love that profit already. If it can go beyong then it will be better.
The dip that happened recently was because of the news of closing down exchanges in China but hey it didnt fell too much.

arbitrage

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It depends how you are looking:
In short term Chinese news will be used for price manipulation multiple dumps, pumps..
In longer term what do you expecting from ETH anyway? There will be much better projects, which will slowly over take ETH ideas and investors. But at the end no one can predict future.
Also we all can make mistakes in our predictions so better stay aware! If you are day trader then this is perfect time for you! Buy on Bad news!

pinkman12345

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ETH can still go low as UAE has banned and has issued legal statement that they don't endorse ICO fundraising, they will neither regulate it nor they will give verification to ICO firms, its up to the investors to trust them.
UAE is major country when i comes to money and ICO funding, i hope it will have some impact.

Idrisu

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The last bottom was when ethereum fell bellow $143 in July and that happened when the hardfork issue and splitting was in the Top Gear. I don't think that ethereum is going to go back there again. So to me $143 is the current bottom and we hope ethereum keep growing and I do speculate that ethereum may get to $1,000 before the end of this year. If the price break the bottom ethereum may fell below $100 and if it breaks the resistance level of $500 then we would get to $1000.

followmenot

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I think its normall around -%50. It will make nearly everyone bullish so price will quickly recover. For most coins with regular development and news. (By that I mean if there isn't any exceptional bad news/hack)

viktorbesov

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I know you.

There can be only local bottom. Price - is that number what people believe and ready pay their money. So...it tomorrow sombody serious (as China Grin

) will say "Your ETHERs are nothing for me" the price will go down...
Something like this.

Ademen

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Quote from: JohnSnowSand on September 19, 2017, 01:56:04 AM

When prices are dropping I noticed that once ETH surpasses 200, it starts rallying,
Some times it goes to 150ish but then always above 200$. What do you think is the bottom?

The ETH bottom will be around 6--70% of the current price, when the mining is not profitable.

JohnSnowSand

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When prices are dropping I noticed that once ETH surpasses 200, it starts rallying,
Some times it goes to 150ish but then always above 200$. What do you think is the bottom?

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