Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Koamder
on 17/02/2016, 10:52:50 UTC
Currently ethereum is in beartrap mode.   Probably the cheapest it's ever going to be right now.
Lets hope you are right.

The price dropped below 0.01 now. It is around 0.092 the lowest point. It might not rise in the near future.

What do you describe as "the near future" ? What is sure is that when the would have stopped, we'll be close to 0,1BTC/ETH Wink !

The price has risen over 500% in the last month alone. So a correction in the $2-3 range is not a surprise.

You can't look at Ethereum like you do to other crypto-currencies. This one is unique, and the only reason why it's price is going down is because people are getting angry with Bitcoin's price rise.

But the price of bitcoin just rose 3% over the last few days. The Ethereum price dropped over 40% in the meanwhile.