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Author Topic: ETH will go back to $1 this year here is why..  (Read 5008 times)
cryptomaster420
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March 26, 2019, 08:57:34 PM
 #381

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.

Realistically, pricing is determined by supply and demand. There's WAY too much demand for ETH below $100 for it to drop that low, so you've provided no real argument to back up the clickbait-y title.

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March 26, 2019, 09:35:31 PM
 #382

The prediction is now more than a year old and has not yet occurred. Although the 80$ mark wasn't that far away, Ethereum was still able to hold its own and didn't fall to 1$. A price of 1$ is possible, but very unlikely. I wouldn't expect the price to fall this low at any point in the future.  Smiley
We can see everything in the market with volatile prices. But, $1 is very far from the present case. Most of us think the current price is bottom, and I hope so.

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March 27, 2019, 03:24:09 AM
 #383

Will not go to 1$, we need to wait to see but i don't think will go much lower then 80$ this year, instead i think will grow to over 300$, but for this we need also bitcoin to grow.

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March 27, 2019, 04:02:30 AM
Last edit: March 29, 2019, 12:28:51 AM by Clark05
 #384

Will not go to 1$, we need to wait to see but i don't think will go much lower then 80$ this year, instead i think will grow to over 300$, but for this we need also bitcoin to grow.
Not only $300 value but also we see more than thousands value. $80 is good price but I don't like to see that price again better to increase not to decrease.

We thousand dollars for the value of the ethereum and if we really want thst we need to work on that and do our best to find new investors that can invest to the ethereum to help to rise it'd value because if you do that you help your self to get a lot of money and you help other people too

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March 27, 2019, 04:12:01 AM
 #385

Hello. Of course there is such a probability. So people will earn on it. I wish you to be among such people. Good Luck.



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March 27, 2019, 05:01:55 AM
 #386

It is true that many large and well-known companies have failed in the past, but that doesn't mean that well-established crypto like Ethereum would also have the same fate in future. I don't think that it would ever come down to $1.

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March 27, 2019, 05:50:56 AM
 #387

Ethereum may never go to $1 but will lose more position on the coinmarketcap. The trade volume will drop and coin raised on it blockchain will reduce this year, adoption will go to other platforms even the exchange platform. The tokenomics of the coin is very bad, sadly the hardfork didnt show improvement in price, I cant just imagine. Even next year halving of bitcoin is causing a lot of preparation and we will start seeing price reaction in couple of months.

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March 27, 2019, 05:59:15 AM
 #388

The prediction is now more than a year old and has not yet occurred. Although the 80$ mark wasn't that far away, Ethereum was still able to hold its own and didn't fall to 1$. A price of 1$ is possible, but very unlikely. I wouldn't expect the price to fall this low at any point in the future.  Smiley
We can see everything in the market with volatile prices. But, $1 is very far from the present case. Most of us think the current price is bottom, and I hope so.

Yes, how can people simply say the price of ETH will go down to 1$, already many people have speculated when the price of ETH was around 90$, but now it has managed to recover the price above 120$. There is no chance for ETH to go back to 1$.

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March 27, 2019, 06:37:30 AM
 #389

If this will ever happen then many people will get doomed. But the statement you said is true, however those are for overvalued coins and you can say shitcoin. I don't think eth is one of them on your list.  Potentially speaking, you can see hows the improvement of eth since its launch.

Yeah its true some coins are beyond their original price now or far from its beginning price but that is because of the tech their in and how people interest on those tech. Not based on nonsense assumption.

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March 27, 2019, 06:53:51 AM
 #390

Maybe this will happen when people no longer believe in bitcoin and also bitcoin has experienced a large decline and so that makes ethereum prices can experience a very deep decline

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March 27, 2019, 07:37:54 AM
 #391

Will not go to 1$, we need to wait to see but i don't think will go much lower then 80$ this year, instead i think will grow to over 300$, but for this we need also bitcoin to grow.
Not only $300 value but also we see more than thousands value. $80 is good price but I don't like to see that price again better to increase not to decrease.
Both of you still not yet understand if this thread just another jokes thread that created by a clown? how much bitcoin worth when ethereum worth $1 and this is an impossible thing to happen. this thread created by haters of ethereum



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March 27, 2019, 08:28:10 AM
 #392

Maybe this will happen when people no longer believe in bitcoin and also bitcoin has experienced a large decline and so that makes ethereum prices can experience a very deep decline
When many poeple no longer believe to bitcoin then cryptocurrency will face a crash for the second time or even bitcoin will useless and altcoin will useless also. But I don't think it will happen since many start-up related to blockchain pupping up at this time. When many people knows about blockchain and they used it then I think bitcoin will be accept by many people to.
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March 27, 2019, 09:54:36 AM
 #393

Well this thread was made a year ago, so it's not true.

Hello. Of course there is such a probability. So people will earn on it. I wish you to be among such people. Good Luck.
What are you talking about. There is no earning and people will suffer with such a huge loss.

That will not happen ethereum is a very good coin and has some great developers behind it so ethereums price can only grow in the futures years onces more and more people used it and it becomes a well know payment processor online.
Although they are having a great development, but still they can fail at the end like most of coins do. Just look at EXSCUDO they are still developing at this time yet nothing happened.


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March 27, 2019, 09:57:57 AM
 #394

Anything in this world has exact true monetary value equal to what the highest bidder is willing to pay. Same as there was no reason (other than FOMO) for ETH to reach $1,000+, it will not need any other sort of reason (but FUD) to fall to near-zero. Many have saved a lot of loss since they have stopped "buying dips" and holding over the past year. Just read the beginning of this thread, a bit longer than a year ago...
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March 27, 2019, 11:34:50 AM
 #395

No, you are very pessimistic, ethereum prices will not fall that bad, my beliefs and beliefs about ethereum are very strong. I believe ethereum won't fall that deep.

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March 27, 2019, 11:50:25 AM
 #396

March 2019 and still not see the ethereum price go back to $1, so when is it OP?

Ethereum will never go back to $1 per eth, i even predict the price of ethereum can hit $200 in the end of the year 2019, but if the price fall, it will not reach $1, it's too low.

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March 27, 2019, 11:58:58 AM
 #397

OP is trying to make a comparison among a dog and a table.. what do they have in common? four legs? wake up my friend... we are talking about very different fields, so your conclusions are far away from accurate!

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March 27, 2019, 12:19:16 PM
 #398

Ethereum use case is been as a platform for smart contracts. Only way for it to hit $1 is
if there would be mass exodus of projects already deployed on ETH to some other platform...and no,
TRON is not the one that will achieve that  Grin

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March 27, 2019, 12:27:00 PM
 #399

Will not go to 1$, we need to wait to see but i don't think will go much lower then 80$ this year, instead i think will grow to over 300$, but for this we need also bitcoin to grow.
I'll bet that Ethereum will never return to $1 anytime soon. coins as big as Ethereum will not die in the near future, we know the size of volume of Ethereum market, the size of the community, and loyal users. moreover, ICO investors who always use their platform, will keep prices high..

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March 27, 2019, 12:36:10 PM
 #400

https://en.wikipedia.org/wiki/Dot-com_bubble#Companies_significant_to_the_bubble

Lycos - Purchased by Terra Networks for $12.5 billion in 2000.[44] It was sold in 2004 to Seoul, South Korea-based Daum Communications Corporation for $95.4 million.[45]

GeoCities - Purchased by Yahoo! for $3.57 billion in January 1999[39] and was shut down in 2009.[40]

Tiscali - Italian telecommunications company whose share price rose from €46 upon its IPO in November 1999 to €1,197 in four months. The share price then fell to €40 in less than two months and eventually fell to €0.20.

Think Tools AG - One of the most extreme symptoms of the bubble in Europe, this company reached a market valuation of CHF 2.5 billion in March 2000 despite no prospects of having a product.

The Learning Company - Bought by Mattel in 1999 for $3.5 billion; sold for $27.3 million in 2000.[43]

Global Crossing - a telecommunications company founded in 1997; it reached a market capitalization of $47 billion in February 2000 before filing for bankruptcy in January 2002.

inktomi - Reached a valuation of $25 billion in March 2000; sold to Yahoo! in 2003 for $241 million.

Broadcast.com - A streaming media website that was acquired by Yahoo! for $5.9 billion in stock, making Mark Cuban and Todd Wagner multi-billionaires. The site is now defunct.

.....

the problem? some coins are just way overvalued now. they have small teams, no earnings, often no real use or product, yet they are worth billions in market cap. many of the big players in crypto will go bankrupt if people keep pushing them......

the only way we can save crypto is if we evaluate companies realistically. if we buy into new, cheap, promising projects. not into the bubble coins that are extremely high.

Then I guess Bitcoin would also be back to $1 soon,
Buy new.cheap and promising project ? yeah right like most of the ICO's nowadays?
Look at how greedy you've become and look at how many ICO investors have lost because of the new,cheap and promising projects that turns into scam.

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