Quote from: ScamViruS on April 21, 2020, 05:02:21 PM

Quote from: leea-1334 on April 21, 2020, 12:08:15 PM

You never know with crypto, I bet in 2017 when Bitcoin was just over $1k nobody ever thought it could go $4k let alone 10k or 20k, but it happened and most of us were there to see it.

But like you said, this is a very different situation now. World is breaking, economy is bad,,, there is no money.

If you did, you did well. But you tell me I don't know about crypto. You may not understand on what basis I said this. The situation for 2017 is not like that now anymore. A market is based on the current global economy. It can be any market. I still believe $1400 Big target for Eth, it is not easy to reach such a big target this year.

In any case, today there is a completely different situation on the cryptocurrency market. The fact is that the conditions after 2016 to 2018 were completely different and the activity of investors in new ico companies was too high. A lot of money came to the cryptocurrency market and the capitalization of the cryptocurrency market increased very quickly, which increased the value of the cryptocurrency. But the situation in 2017 It was an impetus to price increases, which was accompanied by increased interest from users in the possibility of obtaining quick and large profits. But they very often thoughtlessly invested their money and put themselves at very great risk. Today the situation has changed dramatically and investors are not so actively investing in cryptocurrencies, since they only do this when they are confident in the prospects of a particular coin or project.
But the value of ethereum will depend not only on the further development of erc-20, but also on the state of the cryptocurrency market.

Irvinn

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