Quote from: cosmofly on Today at 05:03:27 PM

Quote from: Raven22 on August 05, 2020, 02:39:27 AM

What will the price reach by the time the mainnet goes live is 2 months?

Before predicting the price of ETH in the coming days, we should analyze the world economy first, especially the US. If the Covid 19 epidemic is well controlled and the economy is active again, it is possible that Ethereum will rise to $ 600 or even $ 700. Conversely, if the general market collapses and the Covid 19 epidemic is still there and there is no vaccine, then everything is considered to have collapsed.

Well I don't see any direct relation between the America's economy and Ethereum, there could be a possible reflection of it to the price but we will not really know. I believe that the collapse of the economy have already stop, we are slowly reopening everything putting guidelines and rules to follow to get back to the normal and the one thing that we need for a complete reset is the vaccine which we might see in early next year. About the ethereum price, we will not know what will happen if the v2.0 goes live, still it will depend but I'm positive that this will make a huge difference in price.

Quote from: cosmofly on Today at 05:03:27 PM

You can see that when the US stock market collapses, so does Bitcoin, which is a general sell-off effect.

How can you say this? just merely looking at the time from the chart of stock and bitcoin does mean nothing, and it is really clear that the price of bitcoin is steady that time, even if we don't have a pandemic the price of bitcoin moves in an abnormal pattern, you forget about the volatility of it didn't you ?