Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
marcus_of_augustus
on 22/02/2017, 22:53:55 UTC
i think ethereum can become an investment option once again soon.
it has started to show some signs of accumulation and small rises, and i believe since there has been some time when the dumping had begun, it is the time for a pump to come and  a big pump for that matter.

That maybe true ... but I think Ethereum has still not had the true capitulation carthartic moment where it goes back <$3 and everyone is saying "Ethereum is total shit" and "doomed to failure", etc, etc (you know all the things they were saying about bitcoin at $156  Wink) before it can rise again.

Until it works out the excesses of its artificially inflated valuation it will be moribund and stagnating in price. It's very much the same as the stock markets that haven't had a proper crash since 2008 but were propped up by the governments, bankers and insiders, any growth is lethargic and artificial.