Post
Topic
Board Speculation (Altcoins)
Re: Are you surprised at the price of ETH?
by
mh6e
on 14/08/2018, 11:35:52 UTC
It is not more than 4months ago I was a beliver of "the flippening". Now it seems very far away.

But the honest truth is that hype around ICO's with massive Facebook marketing, did drive ETH prices up a lot during Q4 of 2017 and during Q1 it was time to cash that out so they could build their projects, that has put a lot of pressure on ETH, which you would not find in the same manner with BTC, since most ICO funds are in ETH.

Ethereum has good potential in my own opinion it will hit $700-$1000k mark by the end of this year. Although now is going down due to crypto market specially bitcoin also down ETH get affected by that red market. But its normal once bitcoin will recover so does ETH. So buy more ETH now while low value and you'll get good profit during bull time.