I calculate the main prices of ETH and also BTC price regarding the mining process and costs. miners are the main people that affect the price of BTC and ETH. if the prices of coins will below the mining costs, the mining will not affordable. in general, if we consider the average prices of mining in all of the world, we conclude that the lowest prices of BTC is about 6000 to 7000$. and this amount for ETH is about 400$. so if ETH decreases more than 400$, the mining of ETH will not affordable and miners will migrate to other alts. so this migration will cause stopping the mining of BTC and ETH and also will cause the price of the transaction. in long-term, this causes the raising of the price for ETH and BTC.
Hi, you created the best topic to discussed, well considering the fact that market today is falling down, i could say that the price of ETH and other coins is very cheap.,compared to last year which is very high. Market now days are still recovering and in fact we are still recovering from the major losses that we had. Given the fact., i still invest in any cryptocurrency which is in my list and have the good indicators to last long. In fact, i still top up my account for long term purposes.
Have a great day mate.