Quote from: mtnsaa on June 15, 2016, 02:49:32 AM

Quote from: yefi on June 14, 2016, 11:51:28 PM

Quote from: mtnsaa on June 14, 2016, 09:36:36 PM

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...

Damn, am I more bullish than you? I don't think you should underestimate the market forces at work here. Development and merit count not to the teeming multitudes: only price, only momentum, only volume and right now crypto has all three.

Well bring it on, you know I'm holding strong from months ago so anything above $20 is great news. I think ETH is just riding the BTC wave here so I agree with you, at least until the halvening.

You really can't have BTC at $700-800 and ETH at $12-13, so it moves up proportionally since they are the strongest cryptos around. So go ahead and open a long position, I'll open a beer...haha!

Both the bitcoin and Ethereum price will rise in the future if both are properly developed. The price of Ethereum could be 0.01 to 0.1 btc.