Topic: Why Ethereum Is Not a Bubble (Read 1106 times)
^ from the rumors I heard Vitalik Buterin has almost 50% Ethereum, so only he can set the price of Ethereum. unlike Bitcoin, a group that controls almost 40% of Bitcoin from rumors I heard, so when this group sells its Bitcoin Bitcoin will go down, and otherwise when this group buys Bitcoin then Bitcoin prices will rise.
Thank you! Great Medium article!
Nobody can comment about its price. A bubble or not who knows? But ethereum technology is being used by so many icos now. It is something important and there is no strong alternative to ethereum at the moment.
It still have possibility. Since Ethereum are first coins who support smart contract and rumors it's been controlled by group, so it can be manipulated, when many of project ico's are failed because of scam or unreliable. This could condition could be happen Ethereum can fall dip and burst.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is I want to ask you, why should it be a bubble? I mean bitcoin first and then ether. They're not bubbles, if you're looking for bubble on world economy, go and see paper money issued by american governments. They can issue however they want without backing it.
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Bitcoin has skyrocketed in the past couple of months and I don't think is I want to ask you, why should it be a bubble?
op is talking about etherium here and not bitcoin although bitcoin is also accused many times for being a bubble but both etherium and bitcoin arent actually a bubble or a tulip because we can still see and feel them as of now. yet we wont know if how long they can exist or maybe they can go a long run and will become permanent due to the fact that cryptos are verry useful and can add innovation to a country or economyQuote
if you're looking for bubble on world economy, go and see paper money issued by american governments.
paper money arent buuble either because they are already existed and known to be usefull in a real world environment. 
Ethereum is becoming more popular and popular in terms technology and the volumes it is generating gives more confidence to the investors and also they are improving the technology on the basis of smart contract.
I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.
The question is not if BITCOIN is in a bubble. Etherium is it's own animal. Here's proof:
Pull up two charts: a 6 month chart of ETH and a 6 month of BTC. At gross level, both are on an up-trend. But beyond that, the similarity ends. The massive rise (and more recently... fall) of BTC price has not been matched by price changes in ETH. Indeed, the biggest change in Ether was the abrupt doubling around Dec 11.
I want to ask you, why should it be a bubble? I mean bitcoin first and then ether. They're not bubbles, if you're looking for bubble on world economy, go and see paper money issued by american governments. They can issue however they want without backing it.
Well, now that ETH has gone up by 2X in just the last month, it's starting to look more frothy. Still has room to run, IMO... but the risks of a correction are growing.
I would agree that ETH is not a bubble. Solid coin with a lot of success and a lot more potential in 2018.
I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.
The question is not if BITCOIN is in a bubble. Etherium is it's own animal. Here's proof:
Pull up two charts: a 6 month chart of ETH and a 6 month of BTC. At gross level, both are on an up-trend. But beyond that, the similarity ends. The massive rise (and more recently... fall) of BTC price has not been matched by price changes in ETH. Indeed, the biggest change in Ether was the abrupt doubling around Dec 11.
I do not believe eth is in a bubble, it is required by so many projects and thus its value is value driven instead of speculatively driven. The price has remained strong this last month when bitcoin has skyrocketed, that's because it has real value.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.
I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
Ethereum was in a bubble in June.- It was obvious. Hype of ICOs was huge. At this point not all ICOs are successful as were half year ago. Only most scammy ones that plan marketing well are fully founded.
Price fall almost 4 times in Bitcoin from that moment. Also to all ICOs that were made on Ethereum in past.
Ethereum is a technology. It has the potential to be much more than a financial instrument. As for the fluctuation of price, it will pick up once there's mass scale adoption by financial institutions. I believe it's a backed crypto, its backed by technology, that gives it true value. Unlike BTC it might not soar like a kite, but it will pick up gently.
It is very hard for ETH to go bubble.
There are so many apps and fee needed.
ETH may be next backbone after BTC.
There are so many apps and fee needed.
ETH may be next backbone after BTC.
It isn't a bubble because it is a solid project. Those are probably trolls that want it's price to dump.
My reason why ethereum is not a bubble are :
1. Ethereum is a pioneer of smart contract and its smart contract use turing completed which you can full modified the smart contract and it is really usefull for blockchain industry and the world will use it.
2. The korean hyper buying is fo4 long term holding not short term flipping.
3. The ethereum it self in my valuable it is worth 1/5 bitcoin. So it is still under valued now.
1. Ethereum is a pioneer of smart contract and its smart contract use turing completed which you can full modified the smart contract and it is really usefull for blockchain industry and the world will use it.
2. The korean hyper buying is fo4 long term holding not short term flipping.
3. The ethereum it self in my valuable it is worth 1/5 bitcoin. So it is still under valued now.
Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
i think that ive heard these simillar critics before about etherium and bitcoin saying that these two are just a buble or tulips and even ponzi schyme. i guess these iliterate people are just butt hurt and wanted to be popular saying unreal facts about these two giants but what ever they do people wont still believe them on what are they trying to proclaim.
Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.ETETH ecosystem is that it's actually suppressed the
price somewhat
price somewhat
Those reasons are true, but ETH is still correlated to the overall crypto space. If Bitcoin and all other alts crash, they will take ETH down with them. ETH might not be in a bubble, but that doesn't mean the price won't go down.
Ethereum is bubble that burst to 0, and within few minutes,
it is such a shame.
it is such a shame.
Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.
that is right. ETH has very large user base.
Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.
I think all of crypto is in a bubble. You can't rise in price exponentially and expect there to never be a big crash at some point. We have seen it happen again and again and there is no reason to think otherwise this time.
All crypto are now price corrected and there is no coin in bubble ATM. Most especially the ETH, even though ETH is on hard fork, it's price still stable and never deep below 250$ mark again and it is a proof that ETH is not on bubble.
That is it is not a bubble like bitcoins. Bitcoin is the best digital currency due to its limited supply.
Cryptos are not a bubble, cryptos are the currencies of the internet.
Some altcoins are overevaluated, but the global market cap is undervalued in my opinion.
Some altcoins are overevaluated, but the global market cap is undervalued in my opinion.
I think all of crypto is in a bubble. You can't rise in price exponentially and expect there to never be a big crash at some point. We have seen it happen again and again and there is no reason to think otherwise this time.
All crypto are now price corrected and there is no coin in bubble ATM. Most especially the ETH, even though ETH is on hard fork, it's price still stable and never deep below 250$ mark again and it is a proof that ETH is not on bubble.
Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.
I believe what you said is quite true. The price of Ethereum is indeed low. It has the potential to be at $1000 but is undervalued and I gues the major reason for it to not increase in price is the fact that major industries use Ethereum as a technology and not as a currency. If the top industries used it as a currency then ETH would be crossing $1000 easily and create a new peak in the market but being used as a technology keeps it at a low cost. I guess when more people adopt it as a currency it will be at a higher price and till then it will be swaying at this price.
Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.
I believe what you said is quite true. The price of Ethereum is indeed low. It has the potential to be at $1000 but is undervalued and I gues the major reason for it to not increase in price is the fact that major industries use Ethereum as a technology and not as a currency. If the top industries used it as a currency then ETH would be crossing $1000 easily and create a new peak in the market but being used as a technology keeps it at a low cost. I guess when more people adopt it as a currency it will be at a higher price and till then it will be swaying at this price. 
Ethereum created their ecosystem and it will not bubble anymore. I still see these prices very low for ethereum.
There are some misconception that I heard almost Everytime when I invite someone to used Bitcoin, they though Bitcoin is a Ponzi scheme, they thought that by inviting new users we will got percentage from referral, they don't know that by inviting them we increased the demands rate and that is the one that caused the price to go up and I don't really care what people called Bitcoin, eth or other coins as long as it is a good investment, it can give me profit and I don't harm other people, I will keep on using it
I think all of crypto is in a bubble. You can't rise in price exponentially and expect there to never be a big crash at some point. We have seen it happen again and again and there is no reason to think otherwise this time.
An interesting side effect of the ETH ecosystem is that it's actually suppressed the
price somewhat. That's likely an effect of all the ICOs cashing out and lowering the
value. Pull up 6-month charts of BTC and compare it to ETH... you'll see how much
less inflated ETH is. That's actually a good thing.
price somewhat. That's likely an effect of all the ICOs cashing out and lowering the
value. Pull up 6-month charts of BTC and compare it to ETH... you'll see how much
less inflated ETH is. That's actually a good thing.
If it is bubble if won't pop with those ICO capitals. Those project collected money with ethereum and those project will save the ethereum project.
Well i really think that almost all the altcoins that are on the market are just in a bubble stage, maybe that is because most of them made more than 1000% in just a few months, maybe less, but they made an extreme profit this year, and the market capitalization growed a lot, and that scares me a little. But there is everytime more people investing in bitcoin, and there are more buyers than sellers, so i think that if this is a bubble, then it will take some years to explode.
I think all cryptocurrencies are bubbles. If you would look at the market history, indeed bubbles. Some will appear in peak heights then the other day puff out. Some comes in and some disappear. Everyday with up and down prices. That is only my opinion but they focus too much in bitcoin being a bubble because most are disappointed with its decline in value while they have less expectations on other cryptocurrencies.
If it is about bitcoin. Bitcoin price always goes rise and people are coming to invest in bitcoin because bitcoin is giving opportunity to people while ETH is also go look at the recent market rate it is also goes viral. 
I think all cryptocurrencies are bubbles. If you would look at the market history, indeed bubbles. Some will appear in peak heights then the other day puff out. Some comes in and some disappear. Everyday with up and down prices. That is only my opinion but they focus too much in bitcoin being a bubble because most are disappointed with its decline in value while they have less expectations on other cryptocurrencies.
not the most penetrating analysis but ok.. I guess the technology behind ETH is valuable
Some people have full confidence in fiat money, but who can tell with certainty what the liquidity of major currencies like the dollar and the euro are. The world economy is based on assumptions, which are studied and analyzed in depth by economists, but in this game are the mafias and the terrorist who could assure how much money they have?
I think that all cryptocurrencies have a known quantity (record point) and technology support that allow legal transactions and recognized by countries like Japan. Bubbles depend mainly on supply and demand and economic events that affect investor confidence.
If you can use bitcoin to buy and sell, you are inside the game.
I think that all cryptocurrencies have a known quantity (record point) and technology support that allow legal transactions and recognized by countries like Japan. Bubbles depend mainly on supply and demand and economic events that affect investor confidence.
If you can use bitcoin to buy and sell, you are inside the game.
The potential for Ethereum is MASSIVE. Whether or not its short time price is in a bubble, only time will tell. But this does not affect the long term value and potential of this technology.
I agree with you view. Ethereum does have a potential to become second to bitcoin. Currently price of ethereum is second to bitcoin and the price will rise more in future because ICOs are happening everyday and as they happen more and more people who were previously ignorant of ether and altcoin and even bitcoin will be exposed to the crypto market. Many of them will go the next step and invest in bitcoin and altcoins including ethereum. I think this is a good step for the future of crypto, bitcoin and that the traders are going to have some good profits in future.
Here's a textbook depiction of some of the typical phases a bubble transitions through.
Here's a chart of ethereum as of june/july. Note how the chart of ethereum near perfectly matches the textbook chart of a bubble.
There's a possibility ethereum is a bubble.
The reason eth bubble hasn't popped could be bitcoin's price rising from $2,500 to $4,000 & dragging eth into stability with it.
Here's a chart of ethereum as of june/july. Note how the chart of ethereum near perfectly matches the textbook chart of a bubble.
There's a possibility ethereum is a bubble.
The reason eth bubble hasn't popped could be bitcoin's price rising from $2,500 to $4,000 & dragging eth into stability with it.
bubble I sure. Like dotcom bubble at 2000.
Honestly nobody can tell exactly if its a bubble or not. When we say nobody can tell, it only means time can only determine if this will remain as time passes by, so in short up until now there is no assurance that it will last long, but if you will look at the potential about these coin, yes it has really a long way to go.
Just adding an article from inestopedia about Etherium for all those whi think that ICO is not a bubble: http://www.investopedia.com/news/ethereum-founder-cautions-ico-bubble-vitalek-buterin/
I'm not trying to predict apocalypse, you can think whatever you want but I would advise you to be cautious.
I'm not trying to predict apocalypse, you can think whatever you want but I would advise you to be cautious.
The potential for Ethereum is MASSIVE. Whether or not its short time price is in a bubble, only time will tell. But this does not affect the long term value and potential of this technology.
ETH is quite great but look at the bitcoin price and ETH price both are rising i mean i'm confused that they are competitors or brothers that they are increasing together. 
The potential for Ethereum is MASSIVE. Whether or not its short time price is in a bubble, only time will tell. But this does not affect the long term value and potential of this technology.
Ethereum has very big advantages compared to other cryptocurrencies: Speed of transactions,low miners fee etc.It is obvious that,there will be almost new ico compatible with ERC20 tokens for every week.
Ethereum is not bubble but the most abused token the so called ERC 20 would likely to burst but since Ethereum and ERC are both run independently they are indirectly correlated, when ERC20 starts to burst ETH still continue to run. Most ICOs todays are taking advantage on the flexibility of ERC20 that's why it i easy for them to develop another ERC20 compatible shit coins. Sooner or later when ICOs starts to burst so as the ERC20 burst too.
The potential for Ethereum is MASSIVE. Whether or not its short time price is in a bubble, only time will tell. But this does not affect the long term value and potential of this technology.
I agree with what you say Beerwizzard — as I state in the article, it's Ethereum that is backed by technology. Many of the ICO's within the platform indeed are not backed by anything, on the other hand them being bubble (or not) hardly affects the ETH rate, if only on the micro-scale. So I think you're right to a degree, but not so much re:Ethereum is a bubble because there are some bubbles within the platform. It's close to saying USD or EUR are not trustworthy, because these currencies are also used by scammers.
if any of the crypto's out there is not a bubble, then it's ETH
ETH actually has an entire ecosystem from different smaller economies (projects) and the highest adoption for dapps
all these projects have huge ETH amounts in their reserve and are well divided amonst them, which makes it overall less centralized and more secure
ETH actually has an entire ecosystem from different smaller economies (projects) and the highest adoption for dapps
all these projects have huge ETH amounts in their reserve and are well divided amonst them, which makes it overall less centralized and more secure
Even Vitalik Buerin says that ICO is a big bubble for now. He looks like a guy that "posess necessary knowledge" in blockchain and cryptocurrencies. Most of the ICOs are held on Etherium so I would think that ETH is also a bubble (at least for now). Bitcoin seem better but such currency as Etherium have a strong affect on total crypto (inclufing btc) market cap.
Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
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