Re: ETH price soaring. Are you going to move some BTC into ETH?
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).
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).
Manias and depressions seem to me to characterise the growth in cryptos. If ETH will go to $50, it will either be within the next few months in mania, or will be in the future preceded by many months of depression. I don't see steady growth being at all compatible with how this game works, at least for now.
Sub-0.02 possible? Sure, if Bitcoin rallies from the epic wedge that has been forming since last year. I'm somewhat torn here, because I believe it will rally upwards, yet simultaneously the signals I'm getting from ETH are pointing up as well. I doubt Bitcoin and ETH can both go up.
Ahahaha GAME.
Ethereum focuses marketing and development on a much bigger scheme.
Bitcoin is becoming grandpa who doesn't want to budge.
/end the FUD!
