Quote from: AliMan on October 22, 2019, 11:29:26 PM

Quote from: Pearls Before Swine on October 22, 2019, 10:52:09 PM

Quote from: adaseb on October 06, 2019, 07:37:32 PM

I don't see ETH going over $1000 in the near term.

Maybe not in the next couple of months, but I think $1000 is very attainable for Eth when the market starts to bounce back. The prices Op speculated about are also very much within the realm of possibility, and the only question is when those coins are going to get there. Everything basically depends on how long it takes for bitcoin to get to $10,000 and higher.

Quote from: Reatim on October 20, 2019, 12:08:05 PM

Nope not that easy

'Easy' is a relative term, of course. Eth would have to gain 5x its current value to hit $1000 and that's not easy for anything to do. However I do think the entire crypto market has been slaughtered more so than it should have been lately, and I bet that when it starts to catch fire again $1000 for Eth will be *relatively* easy to attain.

When the market starts to develop a strong momentum, that $1k will be attainable but for a meanwhile don't be too excited for that. Let's have it that way 50% of that price or just have $0.5k next month. We're not sure yet on this recent market changes to finally have the confidence, that it was fully recovered. So just expect a 50/50 range by now, to avoid any further disappointments. Bullrun of altcoins still struggles to happen while we still see bitcoin value couldn't establish a consistent growth.

Now we worry that the cryptocurrency market does not fall another 20-30%, below the current level of capitalization. The whales will probably continue to try to bring down Bitcoin in price, before reducing its production.