Ethereum has been on the rise today having over $2 billion of ethereum traded today. Right now ethereum has lost $40 from today's highest peak and things look like they could be worsening. This leads me to wonder whether ethereum is in a bubble.
* © CoinDesk*
Prediction
It will still loose an extra $10 - $15 today but tomorrow it be back up to near $400
Is it just me or is ethereum like... super bubbly right now? I don't have any technical stuff to support it but the number of ICOs funded by ether, and those ether being locked up for a long time reduces supply while the demand stays the same or rises due to even MORE ICOs...and the price for ether goes up. Once people realize many of these altcoins (not all) will fail, I believe ethereum will drop in price. I do not want to invest in ethereum right now because I am paranoid of the price rise. I do believe the price will rise even more form today's around $400 USD. But I'd rather put my money in other coins...just my 2cents
Maybe the bubble is in Ethereum :)
ethereum is becoming unpredictable
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