Ninjastic
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Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
mtnsaa
on 30/03/2016, 23:35:10 UTC
Quote from: yefi on March 28, 2016, 03:24:43 AM
Quote from: mtnsaa on March 27, 2016, 05:40:29 PM
Quote from: yefi on March 27, 2016, 05:16:37 PM
Back to ETH: price is currently taking a nosedive, spurred by the BTC pump, but also favoured by the technicals. Should be looking for support around .023, then .020 if it fails. I still suspect my target will be met, but we'll see.

I bought some on this drop too but I think it's just correcting due to BTC pump, the price in US dollars didn't change that much to be honest. If BTC keeps pumping hard then I think we'll definitely see sub .02 which would be a great chance to get in.

Big rebound today on the NYT article, .0204 may have been the bottom after all.  Cry

As you are much more pessimistic than me (or realistic haha) do you think we could see some low 0.02 or even sub 0.02 ever again? I know we did see some sub $10 (I bought as much as I could at those prices) but I think unless something major happen Ethereum will continue to go up without any effort, $20 by the end of the year should be a lock.

If there is some sort of major run or news before that then I think there's a chance we will see a new ETH bubble and $50 is not out of the question. Things evolve quickly in crypto world unless you are Bitcoin...like I said many times, if more BTC companies start pushing Ethereum, the sky is the limit regarding the actual application of it. If Ethereum actually gets used and adopted in many projects, then prepare for a paradigm shift (I personally don't think we'll see that at least for a couple of years and that in crypto is a lot of time and a BIG if).