Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
Kwiksave
on 20/08/2016, 07:44:40 UTC

Well there is not bad to invest in ethereum but the problem is the price of ethereum right now is high and i think this is not the best time to but ethereum.. better to wait because the price is decrease.,.

The Ethereum price is not high. Without the ETC fiasco, the price should be over 0.025 by now. When the ETC is no long live, the ETH price will rise.
it is really high at the moment, i think that etc has a huge potential to take over all the eth and in a longer run eth might even disappear

That depends on if the ETC can survive the dump by the Ehereum Foundation and some of the big holders including the hackers.

If the Ehereum Foundation and some of the big holders including the hackers dump there ETC, that could mean 20 million ETC on the market, it is difficult to support the price.

Maybe the DAO hacker is part of the new Ethereum Classic Foundation and he will declare that he will not dump the coins to the market.