Is Ethereum price going down to $220?

in #ethereum7 years ago (edited)

ETH has been under fire and in the red for several days now. It appears some big whales who participated in the plethora of recent ICOs maybe cashing out their profits from ETH to USD.
I cashed out at $345. Whoever still thinks ethereum will go back up in the near future is kidding themselves. The future is in masternode coins. Getting paid to hold and strengthen a market is the ultimate incentive.
they have too die. all the icos are worthless as long as eth lives. everything is stopped. its stopping btc and ltc from gaining any value. eth is creating a bear market!
I find it concerning that one person is too tied with one company so that if something changes/happens a billion dollar market gets influenced by that.
A point to look at is how ethereum will make money. If ethereum is open source and can be forked with no IP licenses or services then it is essentially a zero value except for donations and funding. Which would just make it comparable to any Linux distribution. One more large correction. Bitcoin will probably go sub 2000, and ETH will probably hit $150. After that though, it will blow up. Bitcoin to $3000+, ETH to $500, LTC to $100.

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ok where did you get this from?

 7 years ago  Reveal Comment

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