Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
mtnsaa
on 14/09/2016, 17:38:26 UTC
Everything has a risk, ETH was above $20 and sailing when the DAO hack happened so we don't know for sure. But the price will definitely be above 0.02 very soon if nothing odd happens, that's my opinion. Bitcoin was also dormant most of the year until the halvening was very close and it pumped for that reason alone (I thought it wasn't even gonna pump for a moment).

I bought in at 0.017-18 so I'm safe for now, already made some profit, I don't really expect the price to be below $11 or 0.018 anytime soon, ETH survived the DAO and ETC disasters and now it will be exposed to many newcomers.

Remember, the crowd in crypto renews just like in every other market. Many people hasn't even heard about Bitcoin yet or dismissed for years, now they are taking it more seriously considering all the economic turmoil.

Others were too young to invest or even get into crypto, now they are older and looking for options.