Ethereum on GDAX: Another Day in the Red?

in #ethereum7 years ago (edited)

Nothing quite like waking up and seeing Eth prices poking down ward through the clouds once again. Will we have another day in the red?


ETHUSD 30 min candles from cryptowat.ch

Comment below and let me know what you think!

PS. This is a short thought to generate discussion. I am declining payout so please comment and let me know what you think.

Sort:  

I believe that once LTC catches up with ETH in price sometime late summer early fall you will see both continue the track upward together. ETH is being killed by the ICOs and Litecoin will be able to help shoulder that load.

What's your basis for LTC catching up with ETH? Is this based on speculative buying or are there fundamentals that will drive this price increase?

something something BTC hard fork

Speculative. I believe that LTC's speed (4 times faster than BTC) will be the driving force in the price skyrocketing.

  1. BTC
    2a. ETH
    2b. LTC