Post
Topic
Board Speculation (Altcoins)
Re: Ethereum is Going to $50 based on what I Observed!
by
thinkme1st
on 12/11/2018, 17:51:45 UTC
Based on what I observed in the current market, Ethereum is the crypto in the market that is down 90% in his All-time High, based on my research this happened because of the ICO under Ethereum blockchain, all of this ICO dump their Ethereum to fund their project, and some of this ICO are Scam projects, let's say 90%, so what will happen to all the Eth they received from Investors? dump! after the dump this guys exit scam, my prediction is we can see a $50 Ethereum this year or maybe $20, but $20 is highly unlikely to happen.
It is very unlikely that ETH will go down to $50. Even if scam ICOs dump their ETH in market it won't cause the price to fall that much because they don't collect large of amount of ETH in ICOs.