Back when Bitcoin was around 4900, Ethereum was 390+... Ethereum has lost its value, it has no future...proponents of Ethereum alliance like JP Morgan already see the demise of this coin. The China ban on ICO's is also a catalyst to the inevitable failure of Ethereum and the recent hack....the coin's value dropping from $300 to 10 cents in a matter of seconds and a plethora of other factors make this a dead coin and something no rational person would consider a long term investment.
I'm also reading posts/comments from 'TOP' writers on this like 'goldbug1'. Their analysis is just like mine.
sycorax 16 hours ago ... Long term my personal feeling rather bearish for ETH.
As all of this ICO BS is based on ETH ... i'm staying personally far away from ETH. I think most of us agree there is an ICO bubble right now ... if this one pops .. I think ETH will be the first one to follow. Just my 2 cents ...
goldbug1 TOP 16 hours ago sycorax, Agree I'm very cautious on what I am buying here!
It's definitely breaking down as explained by another analysis seen below. Don't be the one who later regrets investing in a dead coin like this or worse it would cause you HUGE loss later, especially when investing in Bitcoin is clearly the best choice right now.
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Ethereum alive now.
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But will eventually fail
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You will see it rise a bit and come down - just watch.
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