the problem is not if it goes to 60$. The real question is: will it go up eventually? my clear answer is NO. Because the amount of Smart Contracts signed are very small and for very little money.
If ETH cannot go mass-adoption it will die, if it's not already dead.
Topic: Why the Ether will drop to $ 60 - page 22. (Read 3282 times)
I am still figuring out all your statment here. To be frank I don't think ETH should be seen as bad as its being represented here. I know there had been many set backs for ETH this year but that came along because of the different congestions within the ETH platform. Now I guess that wasn't fault of anyone but the technological insufficiency and nothing else. I dont think it should be taken as something wrong with the ETH itself.
The current market is sufficient for ETH to hold on well above 150 USD. There is less chance that ETH wil go down 100 and below at all. FYI : Lot of facts altogether.
The current market is sufficient for ETH to hold on well above 150 USD. There is less chance that ETH wil go down 100 and below at all. FYI : Lot of facts altogether.
While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.
Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.
Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.
That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
I don't understand you reason for said that the price will fall to $60 if you think that the ethereum has no use then it should go to $0 not to $60.But we can't say we no need new ICOs because still we are in early stage of crypto growth more new coins will pop up.Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.
Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.
That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
I thought it should go back to $5 at least as he said it started there up to $1200. Funny because he sound very convincing after answering his own questions.
I guess all he wants is for the users who hold ETH to dump right now and he actually is doing a favor to them after all he warns them that it will dip to $60. Makes sense too. He should be able to afford a lot of ETH by the time its price is $60.
You are missing one piece of information before passing your opinion about why ethereum market is down as it is and why it will go down the more. Tokens are not only exchanged for ethereum incase you do not know. On the centralised exchanges, you can as well exchange most of them even for btc, so saying scammers are dumping their shit tokens for ethereum and then dumping their ethereum is just not reasonable to me. Not saying the market cannot go lower than it is, but this assumption of the cause is what I have problem with.
the ethereum is not just a coin. This is the platform on which other tokens are based and developed. I do not think that he will disappear into nowhere. And if it drops to $ 60, then in the future it should still rise ...
a reasonable reason to make Ethereum's price to go down to 60 $ might even be cheaper than that, but we shouldn't forget every project that develops altcoin will continue to improve and innovate in developing their platform, and even then I'm sure to happen to Ethereum. we may have positive or negative predictions because every possibility remains, and we can only predict without knowing how the future will be
This prediction have not any serious foundations.
I think that Ethereum become more attractive for investors with lower price. If drop down of Ethereum will continue that ETH will find the point for the moon rocket flight very soon.
This is like a trend among traders. They panic without any good reasons and evidences. Do not pay attention I think that Ethereum become more attractive for investors with lower price. If drop down of Ethereum will continue that ETH will find the point for the moon rocket flight very soon.
This prediction have not any serious foundations.
I think that Ethereum become more attractive for investors with lower price. If drop down of Ethereum will continue that ETH will find the point for the moon rocket flight very soon.
I think that Ethereum become more attractive for investors with lower price. If drop down of Ethereum will continue that ETH will find the point for the moon rocket flight very soon.
I do not agree with the author. Yes, the thought is correct. But now only the beginning. Blockchain is not yet developed as we would like. When many people switch to the blockchain, the rate will increase in my opinion. The Internet took 20 years to use it all in this world.
If Eth will go down till 60$ then be sure I'll be there to buy it in a wild way 
is this an analysis by looking at some techniques or just ordinary predictions but I don't want that to happen because this is too cheap but this can't happen because I am sure of the speculation I have done
I cannot imagine eth falling into $60 but if it happens I would invest in it more. Eth is next to btc and I believe in eth. No other alts will surpass eth and eth will remain next to btc. Some individuals predicted to see eth fall this coming weeks but I see it the other way arround.
If Eth will go down till 60$ then be sure I'll be there to buy it in a wild way
The one and only reason why I say you are wrong is that, you only consider ETH as a unit required for participating in ICO.
ICO is not the only use case for Ethereum, there are many more, few to list are:
1. Smart Contracts for banking and financial services
2. Prediction Markets
3. Blockchain gaming
4. Could be used for replacing escrow
If one of the use cases are down, there are other which are growing time to time, specifically the prediction markets. I have personally sold my ETH around $900 range and I truly believe in the future of ethereum with casper and sharding incoming.
I am right now accumulating ETH in around $200 range.
ICO is not the only use case for Ethereum, there are many more, few to list are:
1. Smart Contracts for banking and financial services
2. Prediction Markets
3. Blockchain gaming
4. Could be used for replacing escrow
If one of the use cases are down, there are other which are growing time to time, specifically the prediction markets. I have personally sold my ETH around $900 range and I truly believe in the future of ethereum with casper and sharding incoming.
I am right now accumulating ETH in around $200 range.
Ethereum is still like 500x. Of course, it can happen. But It depends on BTC move. If we dip like 5300$, all coins are going to be bloody red.
more real expectation is the fall of the Etherum to a price of $ 150, I think it will happen in the coming week. because now there was a pullback of the price.
Maybe lower, but I do not think that much.
About 150 - quite realistic, and then again rollback, or already stable growth
Maybe lower, but I do not think that much.
About 150 - quite realistic, and then again rollback, or already stable growth
I don't think it will go that low but we'll see. I'm buying more around $200, seems like a good price to me and worth the gamble when you look at how high it was before.
While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.
Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.
Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.
That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.
Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.
That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
So you are basically trying to say that because of the dying ICO startups and those who already completed their ICO's, sold their accumulated ETH, the value of ETH will drop as far as $60?
That's just your speculation. We will never know how the market works especially when there a big update coming on it's way. ICO is only a part of the Ethereum ecosystem, some may even see it only as a gateway to get funding but it isn't hard to imagine that more and more startups would still chose Ethereum over other same ecosystems. It has a proven track record and helped hundreds of companies grow; other aspiring startups would see that in a positive way.
The theme is interesting, on account of how much it will be difficult to guess. But you're thinking in the right way.
I certainly wouldn't mean to, but I can't. However, if the Ethereum falls to $ 60, the crypto money market suffers greatly. I hope you're wrong in your claim.
There are a lot of ICOs waiting to launch but are waiting for the right timing. I think once that happens Ethereum price will grow again.
Also once dapps gets more popular the demand will grow again (not as much as ICOs but it should help).
Also once dapps gets more popular the demand will grow again (not as much as ICOs but it should help).
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