Considering the latest developments of the Ethereum price and other cryptos as well - is Ethereum going to die? Is this the end of the great rise?
What do you think?
Happy to discuss ...
Is Ethereum Going To Die?
8 years ago by meisi51 (43)
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Depends. Do you think Eth has REAL value?
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To date - most applications for Ethereum are not in place, yet. Thus, I think right now the REAL value of Ethereum is quite limited. It is mainly based on hopes
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Nah, Ethereum won't die. Various applications are now starting to use Ethereum, one of them being Storj -a cheap decentralised file hosting service-. It's just a "small" crash, and Ethereum will go back up again soon!
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Just one question: why do you consider a drop from 400 $ to 180 $ "small crash"?
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400 to 180 is not a small crash. But from 240 (yesterday's price) to 180 (today's price) is small. It was stable at around ~240 for a few days before it crashed to 180.
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No. Eth is here to stay :)
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I certainly hope so my friend. Recent developments indicate a huge loss in trust
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It's a cycle, it'll pass and happen again.
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@meisi51: No it won't. I have my faith on it still. But won't be too high either as the experts tend to give more hype than it deserves.
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Thanks for your thoughts - what do you think. Which price is reasonable for the next 3-6 month?
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well i believe it would stay between 400 mark.
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Hopefully it does. Remains to be seen!
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I am now thinking it was over hyped and will drop to $150 to $175 but it will rise again!
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Definitely overrated. The question is: What will be the reason for a further rise?
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I think new money coming into the crypto market looks at Bitcoin and says "too expensive" and then looks at ETH and says "hey, I can afford one or two of those"
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i don't think ETH will die notwithstanding the crpto-market trauma going on i the recent times, still yet some companies are showing interest on investing in Eth. A question like this need to be asked on some big time coin that is going down the drain like Ripple Digibytes BCN only God knows what thier fate are at the moment.thanks
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