Quote from: Denker on December 11, 2016, 12:32:24 PM

Quote from: talkbitcoin on December 11, 2016, 10:16:16 AM

Quote from: romconulus on December 11, 2016, 08:55:07 AM

I think it will go back to ico prices or lower so < $1.00

i am not denying the fact that ETH is going down and may even die but going back to $1 price will take a long time and lots more dumps by everyone including whales to get there.

and don't forget ETH has always been a manipulated coin and not much has changed in that front.

I also believe Ethereum will lose more and more in value over time.Look at the all time chart.
There is no bottom found yet.The last short pump was just another attempt to get some more dumb money in, so that whales and probably devs can continue cashing out or switching to other coins.

as i said ETH is a manipulated coin and it is hard for its price to go down to zero overnight.

and now that some time has passed from my first comment we can see that more clearly. the price has made a small bounce back and became stable and now it is starting to go down a bit again with the $8 broken and not much support there may be another wave of dumps coming or just another testing the waters. we should wait and see.