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Topic: Will Ethereum reach a billion market cap this year? [IT DID. LOCKED.] (Read 8045 times)

sr. member
Activity: 658
Merit: 250
The Ethereum price is quite stable at the moment. It is above the $1 billion for some time. It might even rise to $2B.

We need some good news to push the Ethereum price higher. There is no big news for the time being.
newbie
Activity: 62
Merit: 0
The Ethereum price is quite stable at the moment. It is above the $1 billion for some time. It might even rise to $2B.
newbie
Activity: 27
Merit: 0
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.

True.  Though with DAO coming soon eth will prob drop a lot.

We need another DAO or some kind of new applications to consume the Ethereum. If there is one, the price can be maintained.

Possibly, I'm sure people will support the next kind of DAO crowdsale hosted on Ethereum blockchain because the first one was an astounding success.

We also need the first DAO to invest wisely and make some profit. That will set a very good example.
member
Activity: 83
Merit: 10
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.

True.  Though with DAO coming soon eth will prob drop a lot.

We need another DAO or some kind of new applications to consume the Ethereum. If there is one, the price can be maintained.

Possibly, I'm sure people will support the next kind of DAO crowdsale hosted on Ethereum blockchain because the first one was an astounding success.

you can't know if it was a success yet. You can call it a success tha they have raised that amount of money but we will see if it fails or not. Most likely it will get dumped at the beginning tommorow if ETH drops more today the panic will be real.
full member
Activity: 190
Merit: 100
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.

True.  Though with DAO coming soon eth will prob drop a lot.

We need another DAO or some kind of new applications to consume the Ethereum. If there is one, the price can be maintained.

Possibly, I'm sure people will support the next kind of DAO crowdsale hosted on Ethereum blockchain because the first one was an astounding success.
sr. member
Activity: 870
Merit: 250
Bitcoin has taken 6 years to develop public acceptance to the point of achieving a market cap of merely $10 billion at its peak thus far. Ethereum is highly experimental and more complex. Many things can go wrong, and likely will for quite some time. It will take many years to gain the public's trust.
sr. member
Activity: 658
Merit: 250
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.

True.  Though with DAO coming soon eth will prob drop a lot.

We need another DAO or some kind of new applications to consume the Ethereum. If there is one, the price can be maintained.

No worries. There will be more applications of the Etheruem in the future. The Augur will appear.
newbie
Activity: 62
Merit: 0
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.

True.  Though with DAO coming soon eth will prob drop a lot.

We need another DAO or some kind of new applications to consume the Ethereum. If there is one, the price can be maintained.
legendary
Activity: 1120
Merit: 1000
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.

True.  Though with DAO coming soon eth will prob drop a lot.
newbie
Activity: 32
Merit: 0
$19/ETH this year, call me crazy.

Nope.  Not crazy.  Grin

The Etheruem set a new all time high of dollar price yesterday. So it is possible for the price to rise further.
full member
Activity: 150
Merit: 100
Vouch For Ethereum! I hope so, seeing the steady rise in the eth prices. And that woul mean more money to me... Tongue Hail Eth!
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
hero member
Activity: 2940
Merit: 613
Winding down.
The price of the Ethereum has dropped to around $8. It might be affected by the main developer's sale of 25% of his holding.

The price is back to $10 now. It is still hovering around the $9-10 level. It might drop below $8 again soon.
newbie
Activity: 32
Merit: 0
The price of the Ethereum has dropped to around $8. It might be affected by the main developer's sale of 25% of his holding.
newbie
Activity: 62
Merit: 0
The Ethereum has reached $1 billion market this year. But it has dropped below it again. I think it will be $1b again.
hero member
Activity: 770
Merit: 509
I think Ethereum is a good altcoin, but it has yet to be seen if it can scale as much as Bitcoin. The blockchain from this coin is already humongous.
People that think Ethereum will replace Bitcoin are most definitely delusional.
newbie
Activity: 66
Merit: 0
The Ethereum has reached a billion market cap this year. But the price is also dropping, it lost the market cap now.
sr. member
Activity: 302
Merit: 250
If the price drops to 0.01 or lower, I will buy quite a lot of Ethereum.

Except that you probably wont. Either because it wont drop or because you change your mind when you see the bear market and bad news necessary for such a drop.


True, market psychology 101. Also true why people who say I am going to sell all  my Eth at 0.035, 0.4, or whatever don't, because they get greedy and hold out for more.

Here is a more likely scenario based on human behavior:

Price low 0.001 or whatever - coin is ignored or thought it "won't go anywhere" by most.
Price moves up a bit - still ignored by most, thought of as "pump and dump -I am staying out".
Price has made tons of gains and it up 100's or even 1000's of percent - FOMO people buying with both hands "I better get in before it too late, to the MOON!"
Price drops down slightly under their investment - "oh well, probably only a minor correction, I will hold on."
Price drops a lot under their investment - "Oh shit, I screwed up, better get out while I can walk away with something, this shit is going to 0"
Price is back to, or close to original price point - "Damn, I glad I sold when I did, I knew this was a shit coin, never touching it again."
Process repeats...


This is the important part to remember, the process usually repeats itself. This has taking me a few years to realize only after losing money constantly. So don't get nervous sell out.  Yes it may take some time to recover from the loss but it's just like the roller coaster in the stock market up & down, up & down, over and over again.
legendary
Activity: 1078
Merit: 1011
If the price drops to 0.01 or lower, I will buy quite a lot of Ethereum.

Except that you probably wont. Either because it wont drop or because you change your mind when you see the bear market and bad news necessary for such a drop.


True, market psychology 101. Also true why people who say I am going to sell all  my Eth at 0.035, 0.4, or whatever don't, because they get greedy and hold out for more.

Here is a more likely scenario based on human behavior:

Price low 0.001 or whatever - coin is ignored or thought it "won't go anywhere" by most.
Price moves up a bit - still ignored by most, thought of as "pump and dump -I am staying out".
Price has made tons of gains and it up 100's or even 1000's of percent - FOMO people buying with both hands "I better get in before it too late, to the MOON!"
Price drops down slightly under their investment - "oh well, probably only a minor correction, I will hold on."
Price drops a lot under their investment - "Oh shit, I screwed up, better get out while I can walk away with something, this shit is going to 0"
Price is back to, or close to original price point - "Damn, I glad I sold when I did, I knew this was a shit coin, never touching it again."
Process repeats...
newbie
Activity: 62
Merit: 0
The market cap will hovering around $1 billion for the next few months, then it will go above it after good news.
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