Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 11/09/2018, 19:36:06 UTC
ETH is still leading the loss-pack. The pain is increasing.

Indeed... feels weird tho... Let's c next week where we are at... Really Really interesting week ahead of us...  Wink Wink


Yes.. let's see next week, but we are also seeing what is happening this week, and it is an ongoing dump in process that could end up in a kind of dramatic capitulation that brings the product to 2 digits (not sure if it will stay there, though?). 

Originally, about 4 years ago, I had thought ETH had a value in the less than $10 range, sustainably.  Of course, I was proven wrong, and the building of a large number of ICOs and various shit products upon ETH has shown that it has some value - including the value to raise capital from individual investors (if you can label 14 year old snot noses as "investors?).