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Topic: Why ETH price Up today? What happened? - page 2. (Read 2495 times)

sr. member
Activity: 658
Merit: 251
June 10, 2017, 11:06:16 PM
#13
That's the market trend in long term. Crypto rules! Grin
yes i think so the market trend is in long term but beside that any reason why the etherum is up like more people buying etherum for join ico project that use etherum  Grin
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
June 10, 2017, 11:00:45 PM
#12
Bitcoin happened..

What ever coin was #2 was going to go up.. Ethereum is irrelevant.

and an ICO scam coin.
full member
Activity: 125
Merit: 100
June 10, 2017, 10:38:17 PM
#11
it is simply 2 things:
- the hype and the advertising team hard at work to spread the word all over the internet and get people to put their money in ETH.
- all the ICOs that keep popping up which all require you to have ETH tokens to invest in them. and I think everyone knows how hyped up they are!

Casper and pos implantation is coming soon and raised

What do you think there is the hype but it's real no?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
June 10, 2017, 10:06:19 PM
#10
it is simply 2 things:
- the hype and the advertising team hard at work to spread the word all over the internet and get people to put their money in ETH.
- all the ICOs that keep popping up which all require you to have ETH tokens to invest in them. and I think everyone knows how hyped up they are!
full member
Activity: 409
Merit: 103
June 10, 2017, 09:49:26 PM
#9
Why ETH  price Up today? What happened? what news did I missed? Huh

Ethereum's demand keeps on pumping thats why the price of it keeps on getting higher. As of now the price of eth is going upwards it reaches 336$ now. Today ehtereum is becoming more and more popular thus the their big community keeps on growing to and lately more inverstors investing to ETH aand to their project thats why its price keeps on going upwards. If you have ETH keep and hold because its price will constantly go upward in the future.
sr. member
Activity: 490
Merit: 252
June 10, 2017, 09:31:07 PM
#8
That's the market trend in long term. Crypto rules! Grin
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
June 10, 2017, 08:30:41 PM
#7
Don't follow ETH, so I wasn't aware of any great rise--I'll take OP's word for it.  I don't think any news items ever cause ETH to pop or drop, because there's never any bullish news that's legitimate.  As stated, this is just the market's forces in action.  Big money is obviously being pumped into bitcoin and a lot of altcoins, and that's what's causing everything to be inflated.  I'm kind of curious to know exactly where this money is coming from, but I don't think that's ever going to be revealed.
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
June 10, 2017, 08:21:22 PM
#6
Why ETH  price Up today? What happened? what news did I missed? Huh

It's just how things operate in the altcoin markets mate. Maybe some whale just decided that ethereum was a good investment and therefore they pumped it. Maybe it was a short squeeze meaning that a lot of people tried to short ethereum but there was a lot of bulls pumping the coin so their positions were forced to be liquidated and therefore driving the price up even further.

And it's not even a particularly big pump. Nothing to be this excited about lol.

Exactly, I think some whales decided to buy a lot in a shot time. Also, there is another possibility, more and more ICO projects use Ethereum smart contrast and accept ETH as ico payment, more and more people buy the ETH and the price is pumping.
full member
Activity: 182
Merit: 100
Money loves speed
June 10, 2017, 07:01:58 PM
#5
Quote
It's because of ethereum contract is becomeing populart where in most of ICO use ethereum contract to provide the requirements for their coin and also to strengthen their foundation which also benefits ethereum as we are expecting that the demand in eth would increase as we need to pay eth as fee for transferring tokens.

Well said. This will be the case even more with the launch of a few new ICOs such at Status and a few others which IMO should be successful.
hero member
Activity: 532
Merit: 500
June 10, 2017, 06:37:15 PM
#4
Well, general positive sentiment and network usage is at peak, people and businesses  use it. ETH network usage is higher than btc and it still costs cents to transfer and confirms fast.
full member
Activity: 350
Merit: 100
June 10, 2017, 06:29:10 PM
#3
Why ETH  price Up today? What happened? what news did I missed? Huh
It's because of ethereum contract is becomeing populart where in most of ICO use ethereum contract to provide the requirements for their coin and also to strengthen their foundation which also benefits ethereum as we are expecting that the demand in eth would increase as we need to pay eth as fee for transferring tokens.
hero member
Activity: 644
Merit: 501
June 10, 2017, 06:26:47 PM
#2
Why ETH  price Up today? What happened? what news did I missed? Huh

It's just how things operate in the altcoin markets mate. Maybe some whale just decided that ethereum was a good investment and therefore they pumped it. Maybe it was a short squeeze meaning that a lot of people tried to short ethereum but there was a lot of bulls pumping the coin so their positions were forced to be liquidated and therefore driving the price up even further.

And it's not even a particularly big pump. Nothing to be this excited about lol.
full member
Activity: 378
Merit: 100
June 10, 2017, 06:23:48 PM
#1
Why ETH  price Up today? What happened? what news did I missed? Huh
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