Quote from: topcat363 on August 12, 2015, 04:51:46 PM

Quote from: killacam8888 on August 12, 2015, 04:43:54 PM

Quote from: altcoinUK on August 12, 2015, 04:30:14 PM

Quote from: marcos19 on August 12, 2015, 03:50:07 PM

Quote from: killacam8888 on August 12, 2015, 02:31:30 PM

I would buy as much as you can now. This is like digital diamonds. I will continue to support the price. Better than any alt out there.

I expect to see a price hovering between 5$-10$ relatively soon(ish).

I am a crowdfund investor and big fun of Ethereum. I sold already coins with a great profit so everything is cool terms of investment, but actually I don't care a lot about the profit, I supported the technology. I know Gavin Wood and I like him, he is a fantastic software engineer and talented scientist. The project is absolutely great Ethereum could be a game changer, of course the success is depending on many factors not least luck.
However, there are 60 millions coins, the miners add to this supply every day (why needed to enable the fucking useless mining I have no idea when the network can be secured in many other ways), and therefore I don't think the price can be at the $5 - $10 level - such price is not sustainable in my opinion. The platform is premature terms of business development and there is no demand for the coin.

That's all right that 100 miners in this forum trading the coins with each other for no reason but for trading, but real money from real world investors won't come into the platform until there is a real economics behind the coin (other than fucking day trading), so nothing will keep the price on the $5-$10 level.

Conclusion: You missed the sub $1 boat....sorry. You live you learn buddy. You wont see it again.

no no...hes right. if that many coins are being produced daily with zero tech....it wont do more than a double from here at best. unless of course theres a fork or tech released.

Even doubling the price is an ambitious target. No real economics justifies double price for the coin, and the voluntary shilling of a few idiots who try to hype the price in this thread isn't enough for a sustainable higher price. I think eventually this could be a very successful project, but until real businesses and real world applications start using the platform (which is at least 1-2 years) the price will remain close to the current or even it could go a lot lower.