Yes probably when it will hit some exchanges (this winter?), ether will be cheaper, but in my opinion the buy pressure will raise its value in few weeks.
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1 ether = ???
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Posted on August 6, 2014 at 6:15 AM0 likes
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Posted on August 7, 2014 at 8:03 PM
@shopnhowler This doesn't say much about the future worth of ether, but if bitcoin does 10x as it has in the past, so will the funds Ethereum (as well as any individual or other software team like NXT holding bitcoin) has available. This just boggles my mind, as with prudent spending they will likely have at least $1m USD in reserve for a year or so.
There is no proof that demand for ethereum will skyrocket the way bitcoin's did to bubble to record highs.
Hence, "This doesn't say much about the future worth of ether." Christ. The 10x refers to the bitcoin in 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2.
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Posted on August 7, 2014 at 10:43 PM
Ether and all other cryptos (including Bitcoin) is overvalued.
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Posted on August 7, 2014 at 10:57 PM
@andrew-m1c1 (including Bitcoin) is overvalued.
I know a lot of people that would disagree with this statement.
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Posted on August 7, 2014 at 11:30 PM
@andrew-m1c1 (including Bitcoin) is overvalued.
I know a lot of people that would disagree with this statement.
I'm one of them, bitcoin's adoption is only at 0,01% of the population, it has much more room to increase in value.
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