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).
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.
I agree, I feel the same way except I don't really think BTC is going up, $430-450 would surprise me. Now, in crypto this can all change very quickly that's why I agree with you, we are not talking about companies and stocks here where you can expect some steady growth in some cases.
Either way, I feel ETH price hasn't change very much, the rally to $15 was logical based on Homestead approaching and BTC struggles. But for the last weeks it has been pretty stable at around $10-12. The price in terms of BTC is what really swings a little more. For ETH to go below 0.02 I think we need to see a very strong BTC price...