Whoa, Ethereum breaks the $200 barrier - page 6.

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Quote from: Vishnu.Reang on February 07, 2020, 02:57:21 AM

There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.

If the growth of bitcoin is not limited to the 20 thousand that it reached in 2017, then we can expect a record price for Ethereum. The price of Ethereum, when it reached $ 1,500 per coin, was also associated with the maximum price of bitcoin. I want to say that we can't consider the price of Ethereum separately from the price of bitcoin.

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Quote from: niisarearning on February 07, 2020, 08:35:08 AM

The price increasig now because of Ethereum 2.0 launch speculation . Recent AMA with Vitalik there will be launch 95% chance of releaasing ethereum 2.0 by July 2020 said by one of the researcher Drake. It is the right time to hold ethereum for next big bull run . I got information from Coindesk.

if it goes well I think ethereum growth after a successful ethereum 2.0 update there will be a greater increase. and now we have seen the beginning of that increase occur. hopefully, bitcoin will remain consistent in the uptrend. because it will strongly support the growth of the altcoin market.

fenixosup

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250 sounds like real target for now

Driggers95

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Quote from: ice18 on February 07, 2020, 03:37:46 AM

If within the next week ethereum will able to reach the $240 price I can finally say we are in a very strong uptrend position and the bull market is really here I hope this come back is much strong than the recent bull market last 2017 many analyst said that the next bull market will be one of the most historical and massive, well lets see.

Unless the value of bitcoin continues to hit new highs in the following week, if not, I don't have much confidence that eth's value will surpass $240 because from last year until now, eth is still going too slow compared to other celebrities, even I feel it doesn't deserve the number two position. The price increase right now is just a recovery based on bitcoin, that's not the true potential and eth's outburst, eth is having good news but I don't know why it's still going so bizarre.

niisarearning

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The price increasig now because of Ethereum 2.0 launch speculation . Recent AMA with Vitalik there will be launch 95% chance of releaasing ethereum 2.0 by July 2020 said by one of the researcher Drake. It is the right time to hold ethereum for next big bull run . I got information from Coindesk.

lienfaye

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Its because of bitcoin growth, altcoins do follow the trend as well.

Thats why eth and other popular alts are increasing, though we cant say if this is the start of bull run that we anticipate.

Bitcoin is showing consistent price increase for the past few days, this might be due to halving that will happen few months from now. Well its nice seeing eth reach $200 again and hopefully it will increase further.

trauchot

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Yes, I am also glad that after a very long time, ethereum was able to reach 200$, but of course this is still a very small increase and I hope that this year ethereum will cost at least in the region of 400$-500$, because for more than two years ethereum was not having good pump.

yazher

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Quote from: Baofeng on February 05, 2020, 07:35:51 PM

I was surprised to see that today, ETH broke $200 price barrier, and a lot of altcoins in the top 10 are also making a good run, is this the bullish signal that we all have been waiting for the altcoin market?

Source: Binance

This is the first time in 2020 and the good thing is, it hasn't stop yet. We still going up and no signals of going down. If it doesn't stop, I think a $300 mark is possible too. The other Altcoins are doing well too and this will be the beginning of what might look a slight bull run.
ETH has not been getting up since it's last price hike many months ago. I think the only reason for its price hike now is
the ongoing hype of the BTC halving which will happen in the next few months.

OrangeII

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Quote from: ice18 on February 07, 2020, 03:37:46 AM

If within the next week ethereum will able to reach the $240 price I can finally say we are in a very strong uptrend position and the bull market is really here I hope this come back is much strong than the recent bull market last 2017 many analyst said that the next bull market will be one of the most historical and massive, well lets see.

In fact, I am also quite enthusiastic about this, I began to think that the price of ethereum would reach $ 350 before May, meaning that ethereum prices would reach the highest price in 2019 before halving, and the potential would not stop. I suspect that the $ 200 level is the beginning, I am pretty sure the increase brought by ethereum this year will not be lower than $ 500.

Vishnu.Reang

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Quote from: Bonwin on February 07, 2020, 04:42:26 AM

The first thing I look out for, whenever I see coins like Ethereum surge, is the dominance of Bitcoin. Bitcoin is gradually losing its dominance. It is reducing and that is a sign that altcoins are growing independent of the influence Bitcoin. I can, therefore, agree that Ethreum is growing and that might be a good sign of what is expected.

You are misinterpreting the stats. It is true that the Bitcoin dominance has come down from 67% to 64%. But the reason for that is not the spike with Ethereum. Most of the market share was captured by the forked coins such as BCH and BSV. If you check the price of these coins, you can see that they have gone up by almost 300% during the past few weeks.

Bonwin

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The first thing I look out for, whenever I see coins like Ethereum surge, is the dominance of Bitcoin. Bitcoin is gradually losing its dominance. It is reducing and that is a sign that altcoins are growing independent of the influence Bitcoin. I can, therefore, agree that Ethreum is growing and that might be a good sign of what is expected.

bryant.coleman

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I am glad that Ethereum is rising in value. But the future prospects still look bleak for me. ETH gave 100x plus returns in 2017, mostly due to the hype surrounding the ICOs. And the ICO market is almost dead now and I don't think that there will be a revitalization or revival in that sector. And if we are talking about the usage in making payments, then Bitcoin is having far more acceptability when compared to Ethereum. I am bearish on ETH right now and I am expecting the prices to decline in the long term.

ice18

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If within the next week ethereum will able to reach the $240 price I can finally say we are in a very strong uptrend position and the bull market is really here I hope this come back is much strong than the recent bull market last 2017 many analyst said that the next bull market will be one of the most historical and massive, well lets see.

Vishnu.Reang

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Quote from: lunobird on February 07, 2020, 03:07:57 AM

Quote from: Vishnu.Reang on February 07, 2020, 02:57:21 AM

There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.

why not? btc hit 20k with way crappier tech in comparison to etherium.

Don't underestimate the altcoin markets. You'll end up selling way too early like most crypto newbs of 2017.

You are still not getting it. What is the point in having a much better technology, if it is not being used? Bitcoin was the first cryptocurrency and the technology is quite robust. The advantage with Ethereum is that it can be used for purposes such as the creation of smart contracts. But for making payments, Bitcoin and Ethereum are at the same level and ETH doesn't have any advantages over Bitcoin.

lunobird

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Quote from: Vishnu.Reang on February 07, 2020, 02:57:21 AM

There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.

why not? btc hit 20k with way crappier tech in comparison to etherium.

Don't underestimate the altcoin markets. You'll end up selling way too early like most crypto newbs of 2017.

Vishnu.Reang

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There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.

princehandsome

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glad to see Ethereum has reached more than $ 200 and so far that's it's the price it been pretty good. ETH is Bull Run's top coin in this year and we can see now that it has happened on Ethereum. I think it's not hard for ETH to reach $ 300 if the market conditions continue to hold go green. this is good news for Ethereum holders.

michellee

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Quote from: ashraf100786 on February 06, 2020, 11:01:18 PM

i think This year will be great for crypto currency. Ether price can be very good. this month ethereum price $250 to $300 about and this year you can touch $800

I hope so. Ethereum can rise to more than $200. We can expect that ethereum can reach a higher price, but we need to wait for ethereum to increase $250 first before reaching $300. I am sure many of us already sell ethereum at a price now because they can buy ethereum at a lower price so far, they are waiting for another low price. But if you still hold the ethereum, you can wait for a while until the price can hit the price you want to sell.

ashraf100786

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i think This year will be great for crypto currency. Ether price can be very good. this month ethereum price $250 to $300 about and this year you can touch $800

nicster551

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Looks like it will be the start of the long awaited bull run, I think we already waited long enough. We deserve a bull run after all this 3 years of bear market. But still I'm not filling my bags with ethereum as I am still waiting for a pullback. Ethereum as going strong as the time goes by, now they are leading on the DeFi trend that will boom this year.

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