Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majormax
on 18/03/2018, 16:36:45 UTC
Sorry guys, my fault
Bought some ether at 500, now everything will fall
I will tell you guys next before I buy

So... you just bought what EOS dumped?

Recently, 50,000 ETH were deposited at Bitfinex coming all the way from EOS crowd-sale. Roll Eyes

Good point.

ETH is now experiencing downside pressure from all the stored ICO funds.

FOMO is now gradually being replaced by FOLAYM (Fear of Losing All your Money).  

There is no telling how low it might go, but I would say a good place too look is around where the real ICO boom started, May 2017. Funds raised when ETH was in the $100-200 range are not yet willing to sell, and might mark a floor.