Whoa, Ethereum breaks the $200 barrier - page 7.

DarkDays

legendary

Activity: 2030

Merit: 1189

Glad to see my ETH stash is now doing well.

Too bad I bought in at closer to $400 Roll Eyes

That said, I think Ethereum could return to around $1,000 if Bitcoin manages to reach $20k again. Because it doesn't have a block reward schedule, there are no specific milestones to look out for in terms of price action, so it's likely just going to follow Bitcoin's lead for a while.

Likewise, its relatively low market cap makes it suitable for significant capital influx, which could make it gain much faster than Bitcoin in these next few months.

Exciting times indeed!

#Darren

sr. member

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DIA | Data infrastructure for DeFi

Finally, while ZEC is making x3 within several weeks, ETH adds 60 bucks to its price. However, I believe that ETH is a far better coin, even BTC has made x3 already, but ETH is still struggling to make x2, which makes me angry.

Baofeng

legendary

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Quote from: tvplus006 on February 06, 2020, 10:30:22 AM

Quote from: bitcoinst on February 06, 2020, 10:18:24 AM

The news is certainly pleasant, only there is no merit of Ethereum. Judging by the charts, all coins rose in price after Bitcoin.
Therefore, the fact that Ethereum overcame the psychological mark of $ 200 by and large does not mean anything and does not affect anything.
If Bitcoin falls in price, Ethereum will seamlessly roll back for just at a slightly ticked mark.

I also understand this growth of Ethereum in The same way. Now you can say this about any coin that has started to grow in price. But the truth is that without bitcoin, there will be no bullish market growth. Therefore, to analyze the situation on the cryptocurrency market, it is enough to observe only bitcoin.

Of course, everyone knows that, all altcoins really depend on the price of BTC because obviously all trading pairs are BTC/. The only time I remember that ETH is making is own stand is early 2018, January-February, when bitcoin has started it's dump, Ethereum and the rest of the top altcoin are gttting into their own all-time-high. But breaking $200 is a big hurdle for ETH today, at least investors are sort of getting their confidence back again.

Crypto5060

jr. member

Activity: 444

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Theagriverse.io

Ethereum is most likely to hit 100% from it's price earlier this year if the current trend continues. It's really a great time for crypto with Bitcoins halving soon to happen, maybe we are in the bull season already.

gensol

jr. member

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I'm happy to see this day, I hope it holds this level and go up more to prove this is a new alt season. If this zone does not hold its drastic to see another low zone.

Farma

legendary

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it looks like it's time for ethereum to show its fangs again. however, I think this is the beginning, I think the realistic price for ethereum is currently $ 700. if ethereum reaches that price, I think, ethereum's glory will look like 2017 again. however, that was the beginning of taking a new ATH. so far the price of ethereum has even exceeded $ 210.

source : Coinmarketcap

justdimin

hero member

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We have been waiting for ethereum to do something like this for a long time, it has been a fight between staying under 200 and going above it for a while now and finally we won. Ethereum is actually one of the most liked coins to miners who are not doing ASIC bitcoin mining.

In my nation alone there is around 40k machines working that I just know of, that is 40 THOUSAND graphic cards that people use to mine ethereum, that results with some sort of interest towards ethereum in the end of course, without that people wouldn't be able to know what ethereum is probably but miners love it so much that it gets a lot of attention, attention which it turns into price hype which in return shows how it could just keep the miners from selling for a while to increase the price.

themistocleess

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Activity: 392

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Well according to the circumstances it seems that the prediction regarding 2020 is starting and crypto market move toward its growth phase again, i hope this trend goes up and the market will reach to that point it was in 2018.

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

It seems like a signal to each cryptos that has been like almost following Bitcoin.
Bitcoin even broke the 9k barrier and it should get past 10k without any doubt anytime soon, unless the bulls get exhausted which is pretty much one of the things people should be wary of when they're too hyped of the price hike of coins.

CuriousGeorge

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Activity: 1498

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KUWA.ai

Quote from: ohyeahhaha122 on February 06, 2020, 10:33:36 AM

The recent price increase is huge, when many coins simultaneously increase and there is no sign of decline, partly influenced by the world situation as there have an epidemic, I think the time has come for the up trend. We should buy more and wait for the price to increase

The $200 rate has already broken by ethereum and we are about to get the next pit stop. This has nothing to do with the world situation but that does a small impact on the bitcoin. It looks like that OP needs to update the rate into the next rate that must be broken by ethereum.

ohyeahhaha122

jr. member

Activity: 267

Merit: 7

The recent price increase is huge, when many coins simultaneously increase and there is no sign of decline, partly influenced by the world situation as there have an epidemic, I think the time has come for the up trend. We should buy more and wait for the price to increase

tvplus006

legendary

Activity: 2268

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To the Moon

Quote from: bitcoinst on February 06, 2020, 10:18:24 AM

The news is certainly pleasant, only there is no merit of Ethereum. Judging by the charts, all coins rose in price after Bitcoin.
Therefore, the fact that Ethereum overcame the psychological mark of $ 200 by and large does not mean anything and does not affect anything.
If Bitcoin falls in price, Ethereum will seamlessly roll back for just at a slightly ticked mark.

I also understand this growth of Ethereum in The same way. Now you can say this about any coin that has started to grow in price. But the truth is that without bitcoin, there will be no bullish market growth. Therefore, to analyze the situation on the cryptocurrency market, it is enough to observe only bitcoin.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

The news is certainly pleasant, only there is no merit of Ethereum. Judging by the charts, all coins rose in price after Bitcoin.
Therefore, the fact that Ethereum overcame the psychological mark of $ 200 by and large does not mean anything and does not affect anything.
If Bitcoin falls in price, Ethereum will seamlessly roll back for just at a slightly ticked mark.

Nolimitz84

sr. member

Activity: 980

Merit: 252

Quote from: Baofeng on February 05, 2020, 06:35:51 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

All the prerequisites for the beginning of a bullish trend really exist.I think it will not come to a rollback.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

I was surprised to see ETH back to levels above 0.02 BTC per coin. I was actually expecting a drop, after all the drama related to the roll-out of Ethereum 2.0. During the past one or two years, Ethereum has been plagued with issues related to scalability, security and transaction speed/cost. I am not seeing any improvement in any of the above listed parameters.

kaneki007

sr. member

Activity: 1204

Merit: 257

I didn't expect that in the beginning of February, almost all cryptocurrency including ETH experienced a big increase and this also affected the ERC20 token. I still hope that ETH will touch ATH before the end of this year and I think it's not too late to buy as much ETH as possible at a relatively low price.

Bezobraznike

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Quote from: mahilchii on February 06, 2020, 08:50:24 AM

So finally ETH breaks the $200 barrier which is really good to know also I went through an article where it shows like eth is about to moonshot which means it may rally till $250 in upcoming days, I feel like eth performs only if BTC goes up could this be an effect of Bitcoin?

I still prefer to invest in eth for it's strong potential and I believe it will bounce back like it was in 2017.

Ethereum can do much more, and I believe that Ethereum can rise again like in 2017. I bought Ethereum in that time, one of my first
investments in ETH. Since than I invest when I can in ETH and I wait for it to go back to over 1000$.
My patience and my faith will pay off one day. It will take longer than I expected, this bear market lasts for years, but I don't mind, as
long as we are on the good track.

criket

full member

Activity: 896

Merit: 100

Quote from: gwaposakon on February 06, 2020, 08:47:53 AM

Quote from: Baofeng on February 05, 2020, 06:35:51 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

Many are predicting that ethereum will be big this year. Others even predict that ethereum will start the crypto bullrun this 2020. This is great news for me since I have been amassing many ethereum during the bearish season. Excited to cash out my etheruem when its price pump as I have been holding my assets for a long time.

this market is recovering overall. but this is only the beginning. we have to see a series of major updates in the market that will occur this year. not only ethereum and bitcoin are turning on the crypto market to start bulls. but the whole market has to be strong to start a big pump.

ballerin and giroud

member

Activity: 868

Merit: 16

I think it is because samsung who has invested a lot of money for smart contract. And as we know the mother of smart contract is just ethereum because if you find new coins have popped up and use smart contract ethereum for their platforms. Look like I missed the train here, let the ethereum price increase and I never try to buy this coin because all may saving money was used to bought bitcoin. I was too fast to make a decision, I see bitcoin will increase bigger and the movement price will defeat the altcoin movement price.

vermigerous

member

Activity: 489

Merit: 16

www.cd3d.app

So many experts trying to predict the price movement of ethereum, however there is always a possibility in every prediction. And i think, as bitcoin slowly climbing its price, ethereum also follows, but that's only what is in my mind and my perception, im not an expert to predict eth price.

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