Post
Topic
Board Altcoin Discussion
Re: We missed the ETH train.
by
sandiman
on 27/04/2016, 14:21:57 UTC
Maybe it is time to reload on ETH:

Btw, I think a double-top for ETH at $15 is likely. Too much bad news has come out, sentiment is negative, and I had always said it would bounce at $7. There needs to be a GPU mineable alternative to Bitcoin, same as the role Litecoin provided. It doesn't matter that ETH has no adoption. It is purely a store-of-value arbitrage/speculation proposition.

let's see if this prediction works out, I hope it will  Roll Eyes

Any time frame ? because right now altcoin scene is a proper blood bath.

ETH appears to be basing while BTC is rising. Once the BTC rally fizzles at $500ish:

https://bitcointalk.org/index.php?topic=1413819.msg14681667#msg14681667

Yes, I may agree with you on that. It is plausible that some profits made from btc rise could jump into ETH as it is generally the case in the global altcoin scene. Nonetheless, hard to speculate where btc will stop. Many tried until now and got burned. Non saying that we are raising on kind of a low volume, so what if the volume suddently increase, which direction ?

EDIT: just being curious there. I won't sell my btc for a very very long time.