Post
Topic
Board Speculation (Altcoins)
Re: May Ethereum price hit 3000+ in August?
by
justdimin
on 06/09/2024, 13:36:55 UTC
While I do agree that it will have a good period and prices will increase, there is no guarantee of it. Don't get me wrong, I agree with you and think that the price will increase and ETH will hit 3k eventually this month and everything will be fine, but I "believe" that, I do not have proof of it and I will not try to convince anyone else about it because I can't provide any proof that it will happen, this isn't some treasury bond that you know how much you will get, it's totally random, maybe some great news will happen and we may not just break 3k but we may break even 4k, because those type of things do happen in the crypto world, or maybe something horrible will happen and we will drop another 20-25% suddenly in a day.

All of these are possible, the only reason why I believe that it will do fine is the fact that it's after halving and after every halving it takes some months before bitcoin starts to go up and because of that I think it will be a good one like the previous ones. If the same thing happens again, then we are going to end up with a good result without a doubt and the price will be much higher, so this is the main reason why I think the price will be 3k in September.
The guarantee is the halving, on top of that crypto always goes up anyway and there is no scenario where we just stay low, we will eventually get higher and that is why we know that 3k or 4k or even 10k for ethereum will happen one day, we just do not know when that will happen. The question was august, now we are in September, could it happen again in September?

There is a possibility, we are still early in September and we need to see what happens but the likelihood is right there and could happen. Never doubt crypto, the good coins will always go up, sure there are some trash projects which will go down and be zero, but that doesn't mean that the good ones like bitcoin and ethereum would go down too much, they will always go up eventually.