Quote from: nsasuiteb on May 07, 2018, 06:55:04 PM

Quote from: Pumperdumper on May 07, 2018, 06:21:15 PM

Ethereum SEC meeting was complete FUD

No schedule anywhere of the time. Also being confirmed by multiple people on Twitter and some Analysts.

can't say this is a complete fud, some fundamentals never change, buy if eth is going down irrespective of the decision from sec, but I think this is actually a serious issue.

The ability to scale will be an issue and it will show in price down the road IF they cannot solve the issue.

Lightning Network has made strides - but yet to be seen. Ethereum has 4-5 different options from Raiden to Sharding.

The big surprise lately has been Bcash.

Averaging 10-20% gains last 3 days or so. Impressive come back.

Volume has receded back to the mid 20's (millions) - seems that more dumping will be on the way.

3 Scenarios to look for

1 - Prices steadily drop, week over week. Would indicate a very long bear market if BTC falls below 9k, ETH under 700 and BCH under 1,300.

2 - Prices drop this week and pick back up next week - BTC hovers slightly above 9k, ETH slight above 700 and BCH slightly above 1,300.

3 - Prices spike back mid-week and keep going past the 500bn market cap - BTC gets stuck at 9.2-9.3k for a couple days, ETH 720-730 and BCH 1,400-1,500.

24 hour volumes are incredibly important to note on all three scenarios. Let's all keep in mind that there has been no good news as of late. So whatever money is coming back into crypto is most likely money that left in January. The market as a whole requires newer investors with deeper pockets. For that to happen - there needs to be some measurable progress being displayed in the media.