Post
Topic
Board Speculation (Altcoins)
Re: Ethereum below $600
by
Babayan
on 21/03/2018, 05:31:03 UTC
Ethereum is still overpriced. Still far too many whales holding thousands of tokens keeping the price high and still possible for them to make massive sell orders pulling the price further down. Even at $100 its too expensive imo.
Lol. I cant recognize whether you are joking or you don’t have even a bit knowledge about the crypto world. The market is still not even on the first phase of mass adoption, the total market capitalization that the crypto has is still pretty less and is likely to increase in trillions of dollars in coming years. Ethereum is not overprice, its pretty undervalued.

There are still many people across the world that don’t know about ETH of any other crypto, when the word will spread in about time and new investors come into the market, even 5000$ is likely to seem undervalued of ETH. Its all the game of demand and supply that decides the price and not you or the whales. Whales can manipulate prices, but cant control or decide it.
Im agree with you. Ethereum has the great potencial for growth, because there are a lot of projects launching on Ether blockchain.