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Ethereum

BY: @pashq11 | CREATED: May 21, 2017, 2:41 p.m. | VOTES: 4 | PAYOUT: $0.00 | [ VOTE ]

I have owned Ethereum since May of 2016 where I purchased it for around $12. Today the price of ETH it about $185 CAD.

How much higher can these cryptocurrencies go? I mean for once it is nice to see how markets should and could move without manipulation. But is it only a matter of time before the banking cartel figures out a way how to either 1. manipulate the price of cryptos at their will or 2. Continue to raise false flag events centred around cryptocurrency ransoms to make the cryptos look like the money of criminals.

I still stack physical gold and silver but feel like I would be crazy not to take a small speculative position in cryptocurrencies as they are flying higher on a daily basis.

What do you guys think? Are cryptos the next "tulip craze bubble" or is this just the beginning of an entirely different world where value is stored on the internet as opposed to physical holdings?

Thank you in advance for any and all feedback.

Enjoy your weekend.

TAGS: [ #ethereum ] [ #cryptocurrency ] [ #gold ] [ #silver ] [ #bitcoin ]

Replies

@htliao | May 21, 2017, 2:46 p.m. | Votes: 1 | [ VOTE ]

The cryptocurrency market is rising in terms of price, market cap and trading volume, and it seems that nothing can stop this big trend. For gold and silver, it is wise to hold them as they have already gone out of the five-year bear market and stay rather stable at 1200-1300 for more than one year, forming a golden cross. In my opinion, A breakout to the upside will be imminent.

@kaitlynmoore01 | Sept. 27, 2017, 5:56 p.m. | Votes: 0 | [ VOTE ]

Good article. I was about to post a similair post. The fluctuating market will result in the greatest price swings any market has ever seen. Does anyone know about: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. Check for example: https://www.coincheckup.com/coins/Ethereum#analysis To see the: Ethereum Detailed report.

@pashq11 | Sept. 27, 2017, 6 p.m. | Votes: 0 | [ VOTE ]

Thanks for the site reference.

@shehab73 | Jan. 24, 2018, 10:09 a.m. | Votes: 0 | [ VOTE ]

Hi Pashq11

Now that you have been in ETH for a while, what do you think? And will you be holding long term?

I personally think the value proposition in ETH is intrinsically higher than BTC.

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