I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.
We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing.
If the markets were that easy to predict, we'd all be millionaires by now, heh. ETC volume is still reasonably strong compared to other alts, but ETH is back to being the main attraction and ETC is merely a sideshow now. Still not holding much of either, though, as other alts can deliver all the same features (which they had before ETH went live) and are still much cheaper to invest in. ETH is way overpriced for what it is and relies mostly on hype for its network effect.
Well that is what happens when investors are dumb.
You know people who invest in Greek bonds or negative yield bonds , that kind of people, they never know what is coming to them.
It's not like ETH investors are superintelligent, heck most sscam investment site investors are dumb as hell too, how many people have been scammed so far in the crypto world?
"The markets can stay irrational longer than you can stay solvent!" - KeynesI would not bet on ETH, nor against it, I am just simply not interested in garbage flawed coins.