Post
Topic
Board Speculation (Altcoins)
Re: Is it possible that ETH will recover?
by
spngebob
on 08/12/2018, 14:35:05 UTC
I think ETH can go back to $25.. Ethereum pumped because of ico hype.. But that's over.

Ethereum was around $8 begin of januari 2017.

These guys who bought for that price or cheaper have dumped there bags in december and januari 2018 exactly 1 year after they bought.
The new mass crypto investors need to find new mass of crypto investors who are ready to buy for higher price.

If you cant find a buyer for higher price it will dump only more.
I missed ethereum train at 8$ and I missed it for even cheaper than that and got some ethereum at higher levels but at the moment it reached all time high I have sold most of my ethereum and left only small amount for fee. Now it is cheap but I don't think it is cheap enough and it could go down before investors start investing in it again.
It's a ponzi scheme you know.
Why is it ponzi scheme? You can say the same thing for bitcoin and it is not ponzi.