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Author Topic: ethereum etf approved just now  (Read 9253 times)

Offline nakmantu99

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Re: ethereum etf approved just now
« Reply #60 on: November 08, 2024, 08:09:13 PM »

What news you refer to? If it is about Ethereum ETF, it has happened few months ago. It is strange if you just feel surprising now. Anyway, it has triggered ETH to cross $4k in March. But it dropped again below $3k and it seems hard to increase again since August 2024. However, I still believe in ETH to reach a new ATH again. People predicted that ETH price will be above $8k in the next year.

Mate, ETH has been already a big coin. But it won't be like BTC. ETH and BTC are different, there is no way that ETH to be BTC.
the difference between bitcoin and ethereum supply that makes ethereum will not be like bitcoin. because bitcoin supply is limited while ethereum supply is very large.
I also still believe ethereum will reach its ATH but I do not predict or target ethereum to reach $ 8K, I only target to sell my ethereum at $ 5K.

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Re: ethereum etf approved just now
« Reply #60 on: November 08, 2024, 08:09:13 PM »

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Offline vegasus

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Re: ethereum etf approved just now
« Reply #61 on: November 08, 2024, 10:59:05 PM »

Yes, a few months ago when BTC experienced ATH after the bearish era, Ethereum was actually able to exceed $ 3k more, even at that time it had reached $ 3891 more. It's just that later, the market experienced a very deep correction and caused the price of ETH to drop following the movement of Bitcoin. It's just that, when BTC was able to strengthen significantly again, in fact ETH was still running quite slowly, yes although slow but sure.

Yes, now we are waiting for Ethereum's journey to really strengthen again, at least in the last few days in October, ETH had strengthened quite well, it's just that today there has been a decline. This might be a good time to buy ETH again before it strengthens significantly again.
The price of Bitcoin experiences a decomposition to $ 68,200 and the price of Ethereum is back below $ 2,500. We recommend that we remain our coin hold. And if you have Etheeum's confidence, you will rise to what you are targeting to keep your ethereum hold.
Because etehreum is still potential and is likely to increase next year.
Ethereum investors are losing patience to hold on to their investments as Ethereum is at $2,600 while Bitcoin is at $75,500. According to bitcoin price ethereum price should be around $5000 to $6000 right now but we see ethereum price is $2670 right now while bitcoin price is $75k 500 so how can be happy? People are most frustrated with investing in Ethereum right now. Why don't people get depressed imagine if the market is dumping right now and returns from $60k to $50k Ethereum will go below $2k or below $1500. But Ethereum could not hold that position as the second largest cryptocurrency. But hopefully Ethereum will make a better situation soon. I have a small investment most of my small investment is Ethereum which is why I expressed my feelings.
It is undeniable that the movement of Ethereum prices is quite slow, especially when compared to what happened to Bitcoin prices. However, there are pros and cons to all of that. There are still many Ethereum investors who believe in this one coin, that this coin will be able to really make a profit later in the peak season of the bullish era. But yes, it does take more patience for this. For now, it is how we can try to get more ETH to prepare for the bullrun. Because we believe that ETH will be able to surpass the previous ATH and maybe even higher later, so now it is still good enough to accumulate this one coin again. So, take advantage of the ETH price which is still below $ 3k. And for now, ETH has indeed risen to around $ 2940

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Re: ethereum etf approved just now
« Reply #61 on: November 08, 2024, 10:59:05 PM »

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Re: ethereum etf approved just now
« Reply #62 on: November 09, 2024, 08:39:22 PM »
The approval of an Ethereum ETF marks a significant step for Ethereum’s mainstream adoption. Like with Bitcoin ETFs, an Ethereum ETF allows institutional and retail investors to gain exposure to Ethereum through traditional financial markets without directly buying or holding the cryptocurrency. This approval could lead to more capital flowing into Ethereum, increasing its accessibility and legitimacy among traditional investors.Ethereum ETFs could also drive more interest in the broader Ethereum ecosystem, including decentralized finance (DeFi) and smart contract applications, potentially contributing to price appreciation and further adoption of Ethereum.

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Re: ethereum etf approved just now
« Reply #63 on: December 04, 2024, 07:53:44 AM »

What news you refer to? If it is about Ethereum ETF, it has happened few months ago. It is strange if you just feel surprising now. Anyway, it has triggered ETH to cross $4k in March. But it dropped again below $3k and it seems hard to increase again since August 2024. However, I still believe in ETH to reach a new ATH again. People predicted that ETH price will be above $8k in the next year.

Mate, ETH has been already a big coin. But it won't be like BTC. ETH and BTC are different, there is no way that ETH to be BTC.
the difference between bitcoin and ethereum supply that makes ethereum will not be like bitcoin. because bitcoin supply is limited while ethereum supply is very large.
I also still believe ethereum will reach its ATH but I do not predict or target ethereum to reach $ 8K, I only target to sell my ethereum at $ 5K.
Bitcoin and Ethereum maximum supply does indeed influence the nature of both in the market in terms of the aforementioned distribution. Still, Ethereum has more usage and versatility as well as the use of smart contracts almost in every industry. If we have a planned buying and selling strategy, we will definitely reach for the possibility of making huge profits with these two coins without risking to make the wrong decision.

Offline bitmover

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Re: ethereum etf approved just now
« Reply #64 on: December 04, 2024, 12:11:44 PM »
the difference between bitcoin and ethereum supply that makes ethereum will not be like bitcoin. because bitcoin supply is limited while ethereum supply is very large.
I also still believe ethereum will reach its ATH but I do not predict or target ethereum to reach $ 8K, I only target to sell my ethereum at $ 5K.

Ethereum doesn't have maximum supply. It can be minted to the infinite.

Although there are some POS rules which prevent the supply from expanding, they can change anytime.
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Re: ethereum etf approved just now
« Reply #65 on: December 04, 2024, 03:03:20 PM »
The approval of an Ethereum ETF marks a significant step for Ethereum’s mainstream adoption. Like with Bitcoin ETFs, an Ethereum ETF allows institutional and retail investors to gain exposure to Ethereum through traditional financial markets without directly buying or holding the cryptocurrency. This approval could lead to more capital flowing into Ethereum, increasing its accessibility and legitimacy among traditional investors.
I think Ethereum has been already in a mainstream adoption. Ethereum ETF will mostly bring the impact of a more popular Ethereum investment. With more popular status of Ethereum, there will be more people interested in Ethereum investment. This finally leads to a more money into Ethereum ecosystem. However, I don't see a significant development on Ethereum ecosystem. I assume there should be a more advanced development in the future.


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Re: ethereum etf approved just now
« Reply #66 on: December 05, 2024, 07:37:15 AM »
https://watcher.guru/news/sec-approves-all-spot-ethereum-etfs?utm_source=wg_homepage&utm_medium=wg_homepage&utm_campaign=wg_homepage
SEC Approves All Spot Ethereum ETFs
So that is it. We already on the moon. Mars next?
I would think that Ethereum is not only going to Mars but Ethereum can convince everyone to continue investing and choosing Ethereum for their portfolio in various wallets. I also think that Ethereum will only be able to increase its value to 8,300 dollars, which is only about 100% increase from the current price of around 3,830 dollars. This is just my assumption because I see that Ethereum's market cap is already too high.
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Re: ethereum etf approved just now
« Reply #66 on: December 05, 2024, 07:37:15 AM »


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Re: ethereum etf approved just now
« Reply #67 on: December 05, 2024, 11:04:43 AM »
https://watcher.guru/news/sec-approves-all-spot-ethereum-etfs?utm_source=wg_homepage&utm_medium=wg_homepage&utm_campaign=wg_homepage
SEC Approves All Spot Ethereum ETFs
So that is it. We already on the moon. Mars next?
I would think that Ethereum is not only going to Mars but Ethereum can convince everyone to continue investing and choosing Ethereum for their portfolio in various wallets. I also think that Ethereum will only be able to increase its value to 8,300 dollars, which is only about 100% increase from the current price of around 3,830 dollars. This is just my assumption because I see that Ethereum's market cap is already too high.

I agree that Ethereum is probably pumping anytime soon. It usually hits its ATH soon after bitcoin. And a 100% movement after its ATH from 2021 is certainly possible. I am still holding my eth bags because of that
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Re: ethereum etf approved just now
« Reply #68 on: December 06, 2024, 04:24:19 AM »
https://watcher.guru/news/sec-approves-all-spot-ethereum-etfs?utm_source=wg_homepage&utm_medium=wg_homepage&utm_campaign=wg_homepage
SEC Approves All Spot Ethereum ETFs
So that is it. We already on the moon. Mars next?
I would think that Ethereum is not only going to Mars but Ethereum can convince everyone to continue investing and choosing Ethereum for their portfolio in various wallets. I also think that Ethereum will only be able to increase its value to 8,300 dollars, which is only about 100% increase from the current price of around 3,830 dollars. This is just my assumption because I see that Ethereum's market cap is already too high.

I agree that Ethereum is probably pumping anytime soon. It usually hits its ATH soon after bitcoin. And a 100% movement after its ATH from 2021 is certainly possible. I am still holding my eth bags because of that
I said it only went up about 100% because I saw that the market cap of Ethereum was already too high. I saw the information on Coingecko and we can see that the market cap of Ethereum is around: $464,849,411,033

If we calculate then for a 100% increase in Ethereum to reach a price of around 8,000 dollars, it means it needs a market cap of around $464,849,411,033 x 2 = $929,698,822,066

A very large value if Ethereum reaches a 100% increase and we can become eyewitnesses of history if Ethereum can reach a price of 8,000 dollars.
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Offline bitmover

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Re: ethereum etf approved just now
« Reply #69 on: December 06, 2024, 02:54:34 PM »
https://watcher.guru/news/sec-approves-all-spot-ethereum-etfs?utm_source=wg_homepage&utm_medium=wg_homepage&utm_campaign=wg_homepage
SEC Approves All Spot Ethereum ETFs
So that is it. We already on the moon. Mars next?
I would think that Ethereum is not only going to Mars but Ethereum can convince everyone to continue investing and choosing Ethereum for their portfolio in various wallets. I also think that Ethereum will only be able to increase its value to 8,300 dollars, which is only about 100% increase from the current price of around 3,830 dollars. This is just my assumption because I see that Ethereum's market cap is already too high.

I agree that Ethereum is probably pumping anytime soon. It usually hits its ATH soon after bitcoin. And a 100% movement after its ATH from 2021 is certainly possible. I am still holding my eth bags because of that
I said it only went up about 100% because I saw that the market cap of Ethereum was already too high. I saw the information on Coingecko and we can see that the market cap of Ethereum is around: $464,849,411,033

And bitcoin marketcap is much higher , 2 Trillions dollars.

Ethereum certainly has potential for a 100% movement, as it is the second largest coin for a long time, and it has a giant community who supports it.
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