Quote from: mrayazgul on July 16, 2017, 03:15:37 AM

Quote from: bitcoin31 on July 15, 2017, 10:28:26 PM

We dont know what will happen in ethereum after 5 yeats but I hope the price is very high like 2000 dollars plus.
Ethereum coin is my favorite altcoin and for sure if you buy this you can earn a lot of profit.

Seriosuly, if Eth cannot make it in these past couple years, why would it go anywhere in the next 5? I have no idea why this coin has gotten the following that it has, because it has no merit, is going nowhere.

Ethereum blockchain is gaining a lot of traction and adoption rates are quiet promising but maybe this is the main reasons why it is suffering from such a volatility. Majority of the projects built on the ethereum blockchain require ETH to participate in their ICOs and then the project team off-course would need to cash out their ETH to fiat currencies and then traders reacting immediately to the declining rates further declining the rates for ETH and so on, this is sort of a vicious circle. But in the end, I strongly believe ETH will recover from losses and start rising up again. I am watching the prices very closely at the moment, a lot is going on in the cryptocurrency markets right now.