Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
mtnsaa
on 14/06/2016, 21:36:36 UTC
I'm done with ethereum,  i still mine it but  it's at a good price to sell it as soon as i hit a block.  I know a lot of people have gone all in on eth but I'm just not that confident in it.

This is the first time I really think that ETH is overvalued. $18 per ETH right now doesn't make sense ($700 BTC doesn't make sense either). It should be very interesting to see what happens after the halvening. I think BTC will definitely correct to $500-600 if not more (considering it will rise more in the next days, it can hit $800-900 but I don't think we'll see 1k).

After that I think will find refuge in ETH and we can even see it at $25-30. However it won't be by own merit really since not a lot of dapps or development have taken place in this period...