Post
Topic
Board Speculation (Altcoins)
Re: Will ETH can reach 1500 in this year??
by
ZvitiSir
on 10/09/2018, 06:47:23 UTC
Id say that true value of coins is way lower than now. And think that for all coins including BTC and ETH.

Prices are driven by speculators and not true demand of projects on platforms or real use of coins.

Just look at that forum...almost each post is about speculators talking about making money and just few about real use.

I agree that price is based on demand and supply but thats only price and not value!

Price can go down, value cannot if fundamentals stays the same.

Thats the reason for high volatility, crypto is way from real world use so there are chances to become way cheaper that they are now.

We cannot change that, we can olny adapt to that. So be careful, things can get worse.

As for ETH...i think another bear wave is coming before bull. End of year ETH is at 300 to 500 max