Post
Topic
Board Speculation (Altcoins)
Re: From 150 - To 15 000 $ - ETH (speculation)
by
leavolnhals
on 29/09/2019, 02:40:05 UTC
eth is TOP 2 coin, and have a lot of supporters, ETH + erc20 tokens, when market will recover - i think eth price to grow ep fast,
You made the wrong assumption when Ethereum plummeted before growing again. The lowest price of Ethereum reached below $ 40.This was a very low price, quite surprising when Ethereum fell in the long run.
But it started to recover in Q2 2019 and is now priced at $ 170, which is quite a stable price. In the future, it can return to the golden age for $ 1000?
In addition to the actual factor conditions there are still other things such as factors from the ERC-20 Platform that are no longer the same as they were used to. The decline in ICO Trend and switching to IEO is one of the other things why the price of the ethereum movement is not so great
I don't think that smart contracts greatly affect the value of ETH today. let's be honest, I have to say that ETH is going down sharply because their network is constantly congested and trading ETH is a difficult one. fee is much higher than August and almost peaked in 2019, block processing time is also very slow. This is a problem that Ethereum has never encountered in years of operation.
When the speculators saw negative signs, they left and panic sold their coins. This is probably the main reason why ETH has dropped sharply.