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Because I think Ethereum can get up to $ 100




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photo: Getty royalty free images

In 2016, I moved to an Airbnb apartment near Apple's Infinite Loop to do business in Silicon Valley for some weeks This was a surprise for some abusers who for some nefarious or other reason had had access to the house, were friendly enough and were working on contracts derived from Ethereum for their pre-startup startup.

had a bucket of coins cheap when the boom came, but if they did they would probably sell as any reasonable person would have done when they turned hundreds of dollars into thousands

You must be a little bit crazy about the Ethereum occupying media contract member of boot that holds your assets from $ 20 to $ 1,200.

A lot of people held from $ 1,200 to $ 200.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

Crypto was the bubble of last year and now we are in the pit of that incident. Maybe not the bottom of the pit, but we are definitely coming and for the altcoins, coming quickly.

In my mind no doubt, just as dotcom has generated a stack of listed companies without huge business and valuations, the same goes for cryptocurrency and token. The market contains a huge amount of rubbish like the Nasdaq in 1999 and like the junk loans stipulated in the fanciful derivatives of the investment banks of the credit crisis in 2008.

This is what drives a bubble, the money chasing the trash. Then the oxydric flame of reality enters and after the fire real business is left

You can already see the obvious winning crowd in the rankings of the crypt. They are bitcoin, ethereum, bitcoin cash, litecoin, monero, dash and doge. Yes, these are all distributed blockchains without fallible groups of people to mess up, go to jail, run away with money, go crazy, fall dead, etc. Even private blockchains and tokens will have winners, perhaps, but while their nominees go around on Twitter I prefer to bet on systems without humans who are not afraid, have no remorse and can not be stopped.

Whatever the result, one thing seems clear, the crash is not over yet. For most coins and tokens, the trend is clear and declining.

The Naysayers say the trend will extend to $ 0 but it will not. Bitcoin has already based and no one should believe it, even if it will take a bit down that bitcoin will fade.

Here's the chart:

bitcoin USD chart from October 2017 to present Credit: ADVFN

I still hope to get a cheap BTC but it is clear that the market thinks that BTC is enough cheap. We'll know in a few weeks. I'm kindly buying bitcoin because it's showing its dominance.

In the meantime, ethereum is another matter. I would like to be clear, given that someone has accused the crypto press of being a serious factor in the decline of the bitcoin down by $ 10,000, the time has come to crash ethereum.

Here's the chart and what it could show:

The price of ethereum from April 2016 Credit: ADVFN

This destination is $ 100 per coin. By the way, I have an ethereum.

The problem for ethereum is that a huge number of owners have obtained ethereum by selling their pipe dreams into ICO. Start-ups are generally pipe dreams and some huge payments. ICO as a replacement for venture capital is a huge innovation, but it makes financing start-ups no less risky, fraught or rickety.

There is a huge group of clothes rich in ethereum, which they spend in fiat. That fiat must be covered in ethereum sales. Their flow of money must be extinguished in peace. Ethereum was the currency in which they were paid and it is fading fast, no sensible startup would cling to it, when they have to pay bills in "real" money. This is what is dragging heavily on ethereum. When it stops it will be difficult to know it.

This flow can reverse and will occur when a next generation of ICOs arrive on the market and people will buy ethereum to buy tokens.

It does not take a Nostradamus to see the ethereum trend. If it's not based now, it's on the way to $ 100. This is the way blobs and crashes work. Here is a simplistic anatomy of an accident:

The anatomy of a market crash Credit: ADVFN

To exchange an accident, you have to leave the instrument base. Crashes that create a V-shaped bottom are extremely rare, the W-shaped bottom at the top is the way the crashes tend to filter. Do not try to get the absolute minimum, you want to buy when the panic is over and the recriminations are in progress. If you go out near the top and climb up somehow after the initial recovery, you will do it very well.

This beginning will occur when the flow of money in or out of the crypt is neutral. This balance creates a base, the bottom of the market. Market funds are not reversed quickly; however fast it is, it recovers much less quickly. Trust takes time to be repaired. So you do not have to hurry up to go back.

If in doubt, check out the dotcom crash and crash the 2007-2008 credit crunch.

It is not destiny that $ 200 is not the fund for ethereum, but as the incident anatomy shows above, if $ 200 were to be the fund then a period of trading around this price is needed to establish a level of security to return to the market.

That certainty is not right.

When you look at companies that have continued to do well after the dotcom crash, they were few and their low points were very low indeed.

In this crypto-winter, spring is still somewhat distant. We must be ready to buy the fund and that fund will be in the form of L.

Stay informed and in advance on the crowd with Forbes Crypto Confidential, a free weekly e-mail delivered to your mailbox of mail. Register today.

Disclosure: I own Bitcoin and Ethereum .

—-

Clem Chambers is the CEO of the website dedicated to private investors & nbsp; ADVFN.com and author of Be Rich The Game in Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guides.

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photo: Getty royalty free images

In 2016, I moved to an Airbnb apartment near Apple's Infinite Loop to do business in Silicon Valley for a few weeks: it was a surprise for some abusers who for some nefarious or other reason had had access to the house, were quite sociable and were working on contracts derived from Ethereum for their pre-startup startup.

We hope they had a bucket of cheap coins when the boom came, but if they did they would probably sell as any sensible person would do when they turned hundreds of dollars into thousands

You must be a little bit crazy than a start member of the middle etereum derivative contract to keep your assets from $ 20 to $ 1,200.

A lot of people held from $ 1,200 to $ 200.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

Crypto was the bubble of last year and now we are in the the pit of that accident is not the bottom of the hole, but we are definitely coming and for the altcoins, coming quickly.

In my mind no doubt, just as dotcom has generated a stack of listed companies without huge business and valuations, the same goes for cryptocurrency and token. The market contains a huge amount of rubbish like the Nasdaq in 1999 and like the junk loans stipulated in the fanciful derivatives of the investment banks of the credit crisis in 2008.

This is what drives a bubble, the money chasing the trash. Then the oxydric flame of reality enters and after the fire real business is left

You can already see the obvious winning crowd in the rankings of the crypt. They are bitcoin, ethereum, bitcoin cash, litecoin, monero, dash and doge. Yes, these are all distributed blockchains without fallible groups of people to mess up, go to jail, run away with money, go crazy, fall dead, etc. Even private blockchains and tokens will have winners, perhaps, but while their nominees go around on Twitter I prefer to bet on systems without humans who are not afraid, have no remorse and can not be stopped.

Whatever the result, one thing seems clear, the crash is not over yet. For most coins and tokens, the trend is clear and declining.

The Naysayers say the trend will extend to $ 0 but it will not. Bitcoin has already based and no one should believe it, even if it will take a bit down that bitcoin will fade.

Here's the chart:

bitcoin USD chart from October 2017 to present Credit: ADVFN [19659058] I still hope to get a cheap BTC but it's clear that the market thinks BTC is pretty cheap. We'll know in a few weeks. I'm kindly buying bitcoin because it's showing its dominance.

In the meantime, ethereum is another matter. I would like to be clear, given that someone has accused the crypto press of being a serious factor in the decline of the bitcoin down by $ 10,000, the time has come to crash ethereum. I need to flex my pundit power.

So here's the chart and what it could show:

The ethereum price from April 2016 Credit: ADVFN

This destination is $ 100 per coin. By the way, I have an ethereum.

The problem for ethereum is that a huge number of owners have obtained ethereum by selling their pipe dreams into ICO. Start-ups are generally pipe dreams and some huge payments. ICO as a replacement for venture capital is a huge innovation, but it makes financing start-ups no less risky, fraught or rickety.

There is a huge group of clothes rich in ethereum, which they spend in fiat. That fiat must be covered in ethereum sales. Their flow of money must be extinguished in peace. Ethereum was the currency in which they were paid and it is fading fast, no sensible startup would cling to it, when they have to pay bills in "real" money. This is what is dragging heavily on ethereum. When it stops it will be difficult to know it.

This flow can reverse and will occur when a next generation of ICOs arrive on the market and people will buy ethereum to buy tokens.

It does not take a Nostradamus to see the ethereum trend. If it's not based now, it's on the way to $ 100. This is the way blobs and crashes work. Here is a simplistic anatomy of an accident:

The anatomy of a market crash Credit: ADVFN

To make an accident, you have to leave the base of the instrument. Crashes that create a V-shaped bottom are extremely rare, the W-shaped bottom at the top is the way the crashes tend to filter. Do not try to get the absolute minimum, you want to buy when the panic is over and the recriminations are in progress. If you go out near the top and climb up somehow after the initial recovery, you will do it very well.

This beginning will occur when the flow of money in or out of the crypt is neutral. This balance creates a base, the bottom of the market. Market funds are not reversed quickly; however fast it is, it recovers much less quickly. Trust takes time to be repaired. So you do not have to hurry up to go back.

If in doubt, check out the dotcom crash and crash the 2007-2008 credit crunch.

It is not destiny that $ 200 is not the fund for ethereum, but as the incident anatomy shows above, if $ 200 were to be the fund then a period of trading around this price is needed to establish a level of security to return to the market.

That certainty is not right.

When you look at companies that have continued to do well after the dotcom crash, they were few and their low points were very low indeed.

In this crypto-winter, spring is still somewhat distant. We must be ready to buy the fund and that fund will be in the form of L.

Stay informed and in advance on the crowd with Forbes Crypto Confidential, a free weekly e-mail sent to your inbox. Sign up today.

Disclosure: I own Bitcoin and Ethereum .

—-

Clem Chambers is the CEO of the website dedicated to private investors ADVFN .com and author of Be Rich The Game in Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guide.


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