Post
Topic
Board Speculation (Altcoins)
Re: Ethereum at the moment
by
DerekVazz
on 11/04/2018, 13:56:51 UTC
What is to blame for the collapse of Ethereum prices in just three months, following its upsurge to nearly $1,400?
Underlisted are what I thought
1, regulation. 2, The exchanges and 3, Mining profitability:  The price of Ethereum is governed not only through speculative actions, but also by mining profitability

1400$ price spike was obviously a bubble. People got too excited about Ethereum and overbought it. Now it seems like ETH is oversold and we should see a steady price rise. ETH is an awesome technology, it will eventually rise to 10k and beyond. The only question is "when?".