ETH can dump below 2000$ ???

[Report]

As far as I know, Ethereum is a purely decentralized coin, from a price of 4,300 dollars to falling below 2,000 dollars is also very possible or even up to 1,300 dollars Ethereum can happen.
The strategy might be to prepare a lot of Fiat to buy in stages such as 3,000, 2,000, 1,000, 900, 600, to 300 dollars. It depends on whether we are ready or not for our mentality or funds to buy Ethereum in stages.

This is just my opinion, and sometimes personal opinions will differ from others, including choosing top coins like Ethereum.
I am sure with Ethereum because it has many factors such as almost all tokens in the cryptocurrency world using the Ethereum blockchain.

[philipma1957]

Eth Is not decentralized.

It is more or less a bond product that bears interest.

It does have a use case (moves other coins and does contracts)

The developers hold tons of the coins and earned them on a pre mine for 25 cents a coin.

Flaws it is too high in its price which in turn invites completion from coins like Solana  or any new one down the road.

And when you see these dumps they are chances it is the go developers cashing out a big chink of coin..

So what is the real value? 100 to 5000 is a good guess.  I ask you do you want to pay 2,226 for something that a 142 coin can pretty  much do the same (Solana)

0.0001 of 2226 is $2.26
0.0001 of 142 is 14.2 cents

which fee would you want to pay to move another coin?

this is what you are fighting.

Examine the 2 coins both are held bigly by the OG developers
both can be clone by a third cheaper knock off coin.
both are fairly secure doing a transaction
solana is way cheaper to use for contracts
Without pow they are way too centralized.
And I believe with one can get rug pulled by the go developers in favor of a newer coin.


I no longer hodl either one of them.

I am hodl

BTC
LTC
DOGE

because they are the most developed POW coins

[dekafee79]

As far as I know, Ethereum is a purely decentralized coin, from a price of 4,300 dollars to falling below 2,000 dollars is also very possible or even up to 1,300 dollars Ethereum can happen.
The strategy might be to prepare a lot of Fiat to buy in stages such as 3,000, 2,000, 1,000, 900, 600, to 300 dollars. It depends on whether we are ready or not for our mentality or funds to buy Ethereum in stages.

This is just my opinion, and sometimes personal opinions will differ from others, including choosing top coins like Ethereum.
I am sure with Ethereum because it has many factors such as almost all tokens in the cryptocurrency world using the Ethereum blockchain.

Ethereum is still an investment option, I also added to my ethereum collection this week because I believe that when the price of ethereum rises, we will likely see an altcoin season, where bitcoin's dominance shifts and investors will switch to buying altcoins.

[Vx1]

Ethereum is still an investment option, I also added to my ethereum collection this week because I believe that when the price of ethereum rises, we will likely see an altcoin season, where bitcoin's dominance shifts and investors will switch to buying altcoins.

Ethereum is also my favorite Altcoin, even though the price drops I never worry.
Unfortunately for the current decline I no longer have a balance to add to my Ethereum collection, only holding a little for now.
When the Altcoin season comes, Ethereum is always the Altcoin with the highest market capitalization compared to other Altcoins.
This proves that Ethereum is the Altcoin of choice for many people, whether it is traded directly or just held.

[Stompix]

So, Trump come out and said he will include ETH in the US reserve!

Probably the most bullish news ETH could have ever wanted in the last years!
And while ADA and XRP are up, well, even with this ETH is down 10% on a week and -25% on a month period.
It also had the lowest reaction of all, even Doge went up more than ETH at one point today, despite it not even being considered for a reserve!

[armanda90]

What I said before its come true, due have significant movement from bitcoin price until break above $92k huge impact for Ethereum success breaking out to $2,500 without few days after dropping most lower price. No doubt when investing or holding Ethereum because significant movement since have good news about bitcoin, latest update about Donald Trump make good tweet about cryptocurrency and some coins mention in his tweet huge significant movement such as XRP and SOL coins.
I think Ethereum still have potential raise more higher price later if bitcoin keep stable break out until $100k after significant movement for today.

[vegasus]

So, Trump come out and said he will include ETH in the US reserve!

Probably the most bullish news ETH could have ever wanted in the last years!
And while ADA and XRP are up, well, even with this ETH is down 10% on a week and -25% on a month period.
It also had the lowest reaction of all, even Doge went up more than ETH at one point today, despite it not even being considered for a reserve!

And the power of his statement, the crypto market immediately sugre to the green market, with a fairly far increase. BTC itself has increased by almost 10% in the last 24 hours.

Especially the price of XRP, SOL, and also ADA, these three coins were directly mentioned by Trump and in the end the increase was very visible. XRP rose around 31%, SOL 22%, and the coolest is ADA, immediately shot up more than 55%.

On the other hand, ETH is the same, its increase in the last 24 hours is also extraordinary, more than 12%. So the point is, almost all coins or crypto this time are experiencing a significant increase due to the influx of funds into coinbase and also Trump's statement regarding reserves there.

[philipma1957]

So, Trump come out and said he will include ETH in the US reserve!

Probably the most bullish news ETH could have ever wanted in the last years!
And while ADA and XRP are up, well, even with this ETH is down 10% on a week and -25% on a month period.
It also had the lowest reaction of all, even Doge went up more than ETH at one point today, despite it not even being considered for a reserve!

POS= piece of shit

Solana is cheaper and is basically a clone.

I. Get that people that got in at 3k or more do not want the loss.

So they hodl

I get that but I see bad times for ETH.

[PX-Z]

Possible, ETH becomes so volatile when Bitcoin price dumps, or i say most alts have this kind of relation when bitcoin price plummet, ir lets just say trades just have almost the same mindset sell due to FOMo and just like bitcoin going then ETH becomes worst.

[Stompix]

And the power of his statement, the crypto market immediately sugre to the green market, with a fairly far increase. BTC itself has increased by almost 10% in the last 24 hours.

And the run was over pretty quick



Only xrp and ada are positive on a 7 days period and none are in green over 30 days, so despite the news they haven't managed to overcome the last month of the bear season.

[philipma1957]

And the power of his statement, the crypto market immediately sugre to the green market, with a fairly far increase. BTC itself has increased by almost 10% in the last 24 hours.

And the run was over pretty quick



Only xrp and ada are positive on a 7 days period and none are in green over 30 days, so despite the news they haven't managed to overcome the last month of the bear season.

Because the fundamental issues still exist.

Eth can rally off this if and when the coins are actually in USA government hodl accounts.

[JISAN]

Possible, ETH becomes so volatile when Bitcoin price dumps, or i say most alts have this kind of relation when bitcoin price plummet, ir lets just say trades just have almost the same mindset sell due to FOMo and just like bitcoin going then ETH becomes worst.

ETH price was drop 2076$ 3 days ago and then yesterday it was recovered and hit $2550 and today again drop to $2150 . it is too much volatile, so ETH can easily drop below $2k at any time. now btc price is $87k but ETH price $2180 , so if BTC price again drop below $78k which was 3 days ago then ETH price will go below $1800 account to the difference of volatile btc and ETH. ETH condition is really soo bad right now.

[Amug123]

ETH price has historically been influenced by BTC movement. And the current market dynamics and also the general dump in the crypto market  has affected it's price. Thank God it is limping back up gradually.

[PX-Z]

ETH condition is really soo bad right now.

I even think that current ETH price is influenced by what Bitcoin currently has from traders POV. Even bitcoin soars so high already, yet ETH is still the same from over the years of development and upgrades.

[philipma1957]

How many times must I explain eth is now a bond product.

You stake and you get interest.

This creates pressure to stabilize or lower the price.

The only way it goes up in price is if USA makes a reserve and holds tons of the coins. And economical pressures for that happening are less likely than the USA hold btc.