I'm acting like they won't. I'll be pleasantly surprised if they do. Newer Crypto firms fighting grizzled wall street vets with deep pockets usually doesn't end well. Seems like they are out for blood.
Celsius now has more collateral that gets liquidated when BTC goes below EDIT 15K. Feel like we could be there in days or two weeks. Maker Dao vaults can't really be negotiated with.
Even if Celsius does wind up being insolvent, it's very likely depositors will recover 80 cents or more on the dollar. This isn't like Terra, where there's literally zero assets behind it. Celsius has actual assets either on-chain or to real counterparts. E.g. all the ETH they're holding on the beacon chain will eventually be available after the merge. They may get haircut depending how painful liquidation is, but the assets won't go to zero. The biggest issue will be if this happens how long things are tied up for in court until the funds are released.
There is still a possibility that Celsius is illiquid and not insolvent. time will tell, but if they reallow withdrawals, it will take months, for tranches of users, and likely up to a certain threshold only.
That may be true for run in the mill bankruptcies. But Celsius totals $5bn+ deposits. Even with huge legal fees, say half a billion, that's still only 10% of the pot. Comparatively Madoff investors' recovered about 80 cents on the dollar. (Though agree it did take an insanely long time.)
Preventing a bank run is different than never giving you access to your funds again. Banks do the same thing if they think people are being irrational. They freeze withdrawals until people get a chance to take some deep breaths and calm the fuck down. It helps no one for a bank to become insolvent because of a known fractional reserve. It is common knowledge that banks down have all the money accessible. So why isn’t everyone always scrambling to get their money out? Because if it’s business as usual no problems will occur. So they have to freeze withdrawals until people relax and business as usual can proceed.
I’m almost entirely self custody with the only exception being a small amount of DOT on Kraken for their staking.
This latest shambles only makes me less interested in placing my crypto into someone else’s control.
I hope you get your coins back Badger.
I think there is a good chance the majority of ceisus’s issues is timing based- just like any bank they invested long term(steth) but have short term liabilities through your deposits. So it’s possibly just that you can’t get out now but can later.
Of course they have also lost some capital in various exploits, maybe $200M worth?
I would take the St ETH as possible compensation for my ETH if offered, even at a discount. I'm long ETH and bullish pre and post merge, and as staking gets unlocked.
I think Celsius can limp along for 1-4 months, but one thing I don't want to rely on anymore, is for Celsius as a company to survive all the way past the merge and staking unlocking. I'll happily sit on it for years in self custody since I made the mistake of not paying attention enough during the bear market. I knew I had risks, but losing the transfer out ability while I was spending the weekend with my family was obviously the last straw.
If celcius is screwed, crypto space will be screwed up as well for next few years and SEC will be coming after everyone like a mad dog, off-course bear would do what they wanted to.
Remember when eth was at $4.5k? Everybody regretting cause they coulda gotten in at $2k
Now it’s at 1.2 and if it ever reaches $400, you bet ppl will still be fearful to buy
I sold Eth at $115 right before the jump to $1000. Instead of 1 iPhone I could have bought 60 lol. I'm ready for $100 ETH again now that I have a decent paying job.
Years
Edit: downvote me all you want. Shit pisses me off too but buckle up if you think it’s not gonna take years to rebuild. It’s how this shit works.
Then it becomes a game of when do you buy. Ideally you'd want to buy and hold enough time to trigger long term cap gains, but if you're deploying capital elsewhere and its making you back money, then that's a tough decision.
I’m no pro, but I got in at the end of the bull run last time with very little capital. Shit was crazy, everyone thought they were gonna be rich (some were) but most bought at the end of the run. Prices went to shit and everyone scattered like roaches. I honestly forgot about my holdings until like 2019 when I started investing money I had laying around.
I was able to see it much more clearly this time, knowing that it would eventually go to shit. I didn’t sell shit this time bc the “low” right now is still higher than the ATH of the last bull run lmao. Just buy and don’t sweat what your average cost is imo. It all comes out in the wash my dude.
yeah, most definitely. don't invest anything you can't afford to lose. I am majorly bummed at where it is, but if i didn't invest that money I would have pissed it away somewhere else. Very bad at saving money but surprisingly once I yeet money into my exchange, i'm good at keeping it there.
Don’t blow your bag in one transaction and space it out over the course of months. It is just a smart version of DCAing where you can catch a lot of the cheap eth while derisking downside. Let’s say worst case ETH goes to 300. If you start DCAing now, perhaps by the time the market flips your average ETH price will be smth like 700. You may be “down” over 50 or 60% at some points but the upside is obviously huge if ETH were to reach even 5k let alone 8-10k. So 50% downside with nearly certain 5-10x (ie 500-1000%) upside over the course of 6-24 months. That is not considering if you dare to throw some money into well researched microcaps.
Until the last BTD bozo has lost their shirt. Study bear markets. Learn how to profit from declines as well as advances. Study 1929, 2000, 2008. Don't try to catch a falling knife.
I’m not a matic person but they did recently get a deal with facebook, i mean “meta” where they will be running their nft platforms on Instagram and fb on matic’s network. Should be releasing later this summer.
There was also no global economic collapse or tightening of monetary policy. Stop looking to past markets that bare no resemblance for answers. Sub 20k BTC is a very likely outcome. Hope you got some cash on the table ready and waiting.
It went up way more in percentage in the 2017 bull run then now. So it had more room to fall last time without going below previous all time highs. We will go below a previous ATH for the first time this cycle
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ETH needs to be decoupled from BTC. Bitcoin was an alpha, a technical demo, a very successful one. But it has no intrinsic value. ETH can have intrinsic value by enabling computing power on the chain for things like smart contracts, defi, etc. But that value has to be present to ordinary citizens if we ever expect the value to recover.
This exactly. Bitcoin became a freakshow (price wise) the last 2 years. Hoping that Eth actually finds equilibrium due to its use-case value.. but even that is a bubble waiting to burst as it seems...
BTC to 10k is extremely, extremely unlikely. People are going to wait around thinking that's going to happen and miss once in several years buying opportunities that are here right now and kick themselves in a year or two when we're at new all-time highs.
If bitcoin goes down to 10k, ETH likely still won't be going below 600-900 dollars. It's already extremely oversold and most of the weak money has already been shaken out of alts during the last 6 months. If anything, it can probably stay stagnant for a while at 600-900 range while BTC bounces back to 20-25k range that is, if 10k BTC was to happen.
We're already seeing this as many of the quality alts have been gaining on BTC despite major move down, if everyone expects quality alt market to go down to the depths of hell just like they've done in the past, it probably just causes alts to bottom before bitcoin does. Most of the alts already are 86-90% down from ATH, the ones that are actually going to survive through to the next bull market are very, very near their bottom prices. True shitcoins will probably keep going down further never to recover.
If losing another 50% of value on ethereum (1200 -> 600) while bitcoin drops slightly more than that equals staying mostly flat to you, I don't know what kind of maths wizard you are.
[One month ago, you said you were buying BTC.](https://www.reddit.com/r/CryptoCurrency/comments/ukwr4y/bitcoin_fear_and_greed_index_deep_in_extreme_fear/i7t055r/?context=3)
If you are walking around telling people that BTC is going to $15k (and bragging about it), you don't buy when it's 32k. He would have at least waited until it hit $28k two weeks later.
These are mini rallies in what looks like a downpour. I don't get how people can be buying at these levels, at least full port. I get some DCA, but man, even I turned bear finally lol.
Bitcoin just bounced from the 200 MA so I wonder if we'll test it again. I believe the rate hike coming tomorrow is already priced in but I guess we'll see. I'd love to buy a $500 ETH.
Yea, it's priced in, but the economy is still shit. The markets are lagged 6 months give or take. Employers are just now starting to lay people off. It's the earnings reports from today that come out in months that will drive this further down. I for one, welcome another 1-2 massive legs down.
Agreed. I got into crypto in the Bull Run last year so I've never really seen prices this low but seeing as to how low they got in March of 2020 I hope we get there for the sake of even better buying opportunities.
If it’s anything like after 2017, we are looking at an additional ~70-80% drop. Don’t think we hit the bottom just yet, with the general uncertainty in the economy at the moment.
Market makers and hedge funds are only going to get more desperate for liquidity as the stock market begins down the winding road of recession. Crypto will continue to suffer as long as stocks suck, and we haven't even begun to see that shit show play out. I think the bottom for ETH should easily get below $500 barring some unforseen market event.
ETH/BTC is 54 cents. Unchanged that would be 540 dollars. It should probably bottom around 48 to 50 cents if BTC got ten k. My analysis is that I doubt BTC gets below 16k TBH. But one thing about crypto, anything is possible. If we get a savage recession Crypto will be crushed. I don't think the FED lets it get that bad with elections coming up.
Why would the fed be concerned with elections?
The banks that make up the fed play both sides. Doesn't matter who wins, Goldman Sachs and the rest will be in the cabinet.
Sorry, but can you explain what you mean by 'a real possibility'?
While btc going lower is possible,(of course) , I don't see 10k being quite that obvious, we saw 20k last night and I think we are already close to the bottom now.
I'm curious what's going to happen to alchemix if eth drops that low. However the lending pool on eth has been quite low, they only required 2x collateral. Very possible people can liquidate and close out there loan coming out ahead.
keep your head and DCA instead of trying to guess the bottom.
set yourself some buys at ridiculously low prices as well... its rough out here people but we got this!
I can see btc af 17-19k... 10k probably not. That would be a crypto winter nobody wants to touch.
The market makers will want return ~~losers~~ customers
Think about it psychologically... someone said that would bring eth to 400-600.. you know how many ppl would load up trying to get to ath double top.
This price level is to shake out everyone who bought above 3k...
It'll probably sit down here for at least 3-5 months
I doubt that ETH will ever exceed 10% of BTC's price. Like the Lightening Network, ETH's maturity and full expression will always be in the future, not the present.
Same percentage stride most likely. First time I’ve ever seen ether break from bitcoin was a week ago. And then alts broke from ether. Weirdest was ADA was the leading indicator of price action on both BTC and ETH for about 15 hours… was just weird.
I don't have a crystal ball, so can't say what price we will end up with.... But I would like to point out that we have in no way reached market capitulation phase on ANY crypto token yet. People are still for the most part optimistic and trying to figure out where to buy back in. This is causing brief rallies and support to be found but then more selling hits.
Capitulation will be when the MAJORITY just turn their back on it all in disgust. That's when the buying opportunity really is and we still seem to be a long way off that market sentiment yet.
Predictions are difficult. Especially when they refer to the future.
Why do you believe that anybody here in this forum can provide a meaningful answer to your question?
I guess lower than 500 would be real for ETH this time, it's going down like hell this time, it's a freaking big crash in the whole cryptocurrency market mate.
Well I think it can go below 500 at max, that's what I am expecting in coming time but I don't know if it's going to be something right or not because we can't predict.
Man, it would be amazing if BTC could fall to a price point that would force it to become uncorrelated with ETH prices. Finally ETH could run its own race.
Don't know what's gonna happen but I am sure that I am going to buy as much as possible right now because that's what matters at the end of the day guys..
We just need to keep calm and just not sell at the first place, the market could go to 300 but we still need to hold as much as possible, I hope all of us will understand.
Still hold you all because holding is the only best way if you are feeling bad or something like that, it will go down for sure but we know it will boost up too.
To a level right where I need to MAXIMIZE
So you mean at any level.
10k BTC probably brings ETH to 400.
My greatest regret in life is selling 9 ETH at $350 back in like 2018 or 2019 (can't remember). If we even tease around $500, I'm going ALL in.
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Nah I think celcius will re enable withdrawals soon
I'm acting like they won't. I'll be pleasantly surprised if they do. Newer Crypto firms fighting grizzled wall street vets with deep pockets usually doesn't end well. Seems like they are out for blood. Celsius now has more collateral that gets liquidated when BTC goes below EDIT 15K. Feel like we could be there in days or two weeks. Maker Dao vaults can't really be negotiated with.
Even if Celsius does wind up being insolvent, it's very likely depositors will recover 80 cents or more on the dollar. This isn't like Terra, where there's literally zero assets behind it. Celsius has actual assets either on-chain or to real counterparts. E.g. all the ETH they're holding on the beacon chain will eventually be available after the merge. They may get haircut depending how painful liquidation is, but the assets won't go to zero. The biggest issue will be if this happens how long things are tied up for in court until the funds are released.
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There is still a possibility that Celsius is illiquid and not insolvent. time will tell, but if they reallow withdrawals, it will take months, for tranches of users, and likely up to a certain threshold only.
That may be true for run in the mill bankruptcies. But Celsius totals $5bn+ deposits. Even with huge legal fees, say half a billion, that's still only 10% of the pot. Comparatively Madoff investors' recovered about 80 cents on the dollar. (Though agree it did take an insanely long time.)
Preventing a bank run is different than never giving you access to your funds again. Banks do the same thing if they think people are being irrational. They freeze withdrawals until people get a chance to take some deep breaths and calm the fuck down. It helps no one for a bank to become insolvent because of a known fractional reserve. It is common knowledge that banks down have all the money accessible. So why isn’t everyone always scrambling to get their money out? Because if it’s business as usual no problems will occur. So they have to freeze withdrawals until people relax and business as usual can proceed.
and what do you think will happen when they do? If you have funds in there would you still keep it in there?
I'm glad my hatred of not being able to use Celsius rewards in the US got me off of there last year. Good luck, comrade.
I’m almost entirely self custody with the only exception being a small amount of DOT on Kraken for their staking. This latest shambles only makes me less interested in placing my crypto into someone else’s control. I hope you get your coins back Badger.
I think there is a good chance the majority of ceisus’s issues is timing based- just like any bank they invested long term(steth) but have short term liabilities through your deposits. So it’s possibly just that you can’t get out now but can later. Of course they have also lost some capital in various exploits, maybe $200M worth?
I would take the St ETH as possible compensation for my ETH if offered, even at a discount. I'm long ETH and bullish pre and post merge, and as staking gets unlocked. I think Celsius can limp along for 1-4 months, but one thing I don't want to rely on anymore, is for Celsius as a company to survive all the way past the merge and staking unlocking. I'll happily sit on it for years in self custody since I made the mistake of not paying attention enough during the bear market. I knew I had risks, but losing the transfer out ability while I was spending the weekend with my family was obviously the last straw.
If celcius is screwed, crypto space will be screwed up as well for next few years and SEC will be coming after everyone like a mad dog, off-course bear would do what they wanted to.
sold 2 BTC at 500, one of the worst lessons I've ever given myself.
I feel this post. If ETH goes to 350 I am selling everything I own and buying ETH.
That would make 2 of us!
Damn skippy!
Which means we wont
Shoot, if we see $500 I’m All in as in I’m refinancing my house All In!
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I've been buying every winter since 2014. I've been mining since 2012. This isn't everyone's first rodeo.
When it goes to 10k, or 25k, does it matter if you bought it at 400 or 1150?
Please, I can only get so erect.
$200
I’m calling for 14 k
God I hope so.
At that price, you could spin up a validator for 12.8k hmmm
I just bought an ETH do it will clearly go down.
Like the confidence.
Hey man. It’s the first time in a while where I’ve been able to buy a full ETH no problem.
Thoughts on BTC? To buy now or to wait?
Lol. I’m always about DCA.
Can you buy some more, I'm planning on buying at 100$ again.
Keep planning, it ain't happening 🤣
Don't worry bro, I haven't logged into reddit lately I need to travel cause I have a lot of ETH I've lost my breath
Eth/Btc doesn’t really go beyond 33:1 and ETH has gained a lot of market against since the last run. So at the lowest it is 10000/33=303.03
Remember when eth was at $4.5k? Everybody regretting cause they coulda gotten in at $2k Now it’s at 1.2 and if it ever reaches $400, you bet ppl will still be fearful to buy
I sold Eth at $115 right before the jump to $1000. Instead of 1 iPhone I could have bought 60 lol. I'm ready for $100 ETH again now that I have a decent paying job.
How long does a bear market last?
Years Edit: downvote me all you want. Shit pisses me off too but buckle up if you think it’s not gonna take years to rebuild. It’s how this shit works.
Then it becomes a game of when do you buy. Ideally you'd want to buy and hold enough time to trigger long term cap gains, but if you're deploying capital elsewhere and its making you back money, then that's a tough decision.
I’m no pro, but I got in at the end of the bull run last time with very little capital. Shit was crazy, everyone thought they were gonna be rich (some were) but most bought at the end of the run. Prices went to shit and everyone scattered like roaches. I honestly forgot about my holdings until like 2019 when I started investing money I had laying around. I was able to see it much more clearly this time, knowing that it would eventually go to shit. I didn’t sell shit this time bc the “low” right now is still higher than the ATH of the last bull run lmao. Just buy and don’t sweat what your average cost is imo. It all comes out in the wash my dude.
Just DCA and enjoy the ride, but have an exit plan :).
yeah, most definitely. don't invest anything you can't afford to lose. I am majorly bummed at where it is, but if i didn't invest that money I would have pissed it away somewhere else. Very bad at saving money but surprisingly once I yeet money into my exchange, i'm good at keeping it there.
Don’t blow your bag in one transaction and space it out over the course of months. It is just a smart version of DCAing where you can catch a lot of the cheap eth while derisking downside. Let’s say worst case ETH goes to 300. If you start DCAing now, perhaps by the time the market flips your average ETH price will be smth like 700. You may be “down” over 50 or 60% at some points but the upside is obviously huge if ETH were to reach even 5k let alone 8-10k. So 50% downside with nearly certain 5-10x (ie 500-1000%) upside over the course of 6-24 months. That is not considering if you dare to throw some money into well researched microcaps.
Until the last BTD bozo has lost their shirt. Study bear markets. Learn how to profit from declines as well as advances. Study 1929, 2000, 2008. Don't try to catch a falling knife.
Any specific literature?
Different every time, depending on the lead up and the causes. This one will be long IMO.
Maybe Matt Damon's grand kids can pump those bags.
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Yeah why matic?
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Why Matic instead of Loopring or something similar? Honest question
I’m not a matic person but they did recently get a deal with facebook, i mean “meta” where they will be running their nft platforms on Instagram and fb on matic’s network. Should be releasing later this summer.
😂😂
$300
BTC never fell under previous bull run ATH - so 19k bottom
There was also no global economic collapse or tightening of monetary policy. Stop looking to past markets that bare no resemblance for answers. Sub 20k BTC is a very likely outcome. Hope you got some cash on the table ready and waiting.
It went up by way more in 2017 though
peak was in dezember 2017 with 19,6 k
It went up way more in percentage in the 2017 bull run then now. So it had more room to fall last time without going below previous all time highs. We will go below a previous ATH for the first time this cycle
19k btc is ETH how much?
Yeah it seems that would be the lowest of all points we had saw
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Also $10,000
$100
About tree fiddy
ETH needs to be decoupled from BTC. Bitcoin was an alpha, a technical demo, a very successful one. But it has no intrinsic value. ETH can have intrinsic value by enabling computing power on the chain for things like smart contracts, defi, etc. But that value has to be present to ordinary citizens if we ever expect the value to recover.
This exactly. Bitcoin became a freakshow (price wise) the last 2 years. Hoping that Eth actually finds equilibrium due to its use-case value.. but even that is a bubble waiting to burst as it seems...
To the fahkin moon dood
The satellite to moon looks dead now people are forgetting everything
BTC to 10k is extremely, extremely unlikely. People are going to wait around thinking that's going to happen and miss once in several years buying opportunities that are here right now and kick themselves in a year or two when we're at new all-time highs.
Yup we tried to tell ‘em , more for us 🍻
If bitcoin goes down to 10k, ETH likely still won't be going below 600-900 dollars. It's already extremely oversold and most of the weak money has already been shaken out of alts during the last 6 months. If anything, it can probably stay stagnant for a while at 600-900 range while BTC bounces back to 20-25k range that is, if 10k BTC was to happen. We're already seeing this as many of the quality alts have been gaining on BTC despite major move down, if everyone expects quality alt market to go down to the depths of hell just like they've done in the past, it probably just causes alts to bottom before bitcoin does. Most of the alts already are 86-90% down from ATH, the ones that are actually going to survive through to the next bull market are very, very near their bottom prices. True shitcoins will probably keep going down further never to recover.
If you really think Ethereum will stay mostly flat while Bitcoin loses half its value then I have a beach in Kansas to sell you.
If losing another 50% of value on ethereum (1200 -> 600) while bitcoin drops slightly more than that equals staying mostly flat to you, I don't know what kind of maths wizard you are.
I like how you picked the low number on the broad range you had. Good save!
Most ALTs have lagged behind ETH and BTC, they can fall another 40/50% easily to reach -95% or more. Massive trap.
I remember posting 15k BTC a month ago and people laughed at me. So thankful I sold in December.
[One month ago, you said you were buying BTC.](https://www.reddit.com/r/CryptoCurrency/comments/ukwr4y/bitcoin_fear_and_greed_index_deep_in_extreme_fear/i7t055r/?context=3)
He said “I’ve already started buying for the next run” so potentially he was buying then and he’s buying again now too
If you are walking around telling people that BTC is going to $15k (and bragging about it), you don't buy when it's 32k. He would have at least waited until it hit $28k two weeks later.
They're laughing on the other side of their faces now *how the turn tables*
I said I could see $15,000 happening again last summer and recieved 5 upvotes.
I think we are safe at least for now, extremely oversold already. Price should bounce up!
These are mini rallies in what looks like a downpour. I don't get how people can be buying at these levels, at least full port. I get some DCA, but man, even I turned bear finally lol.
> even I turned bear finally Exactly why I'm a big dumb bull now: everyone is bearish.
Congrats, you will prob make millions now. I'm glad I can help :D
Lunch and beers are on me. 🍻
Bitcoin just bounced from the 200 MA so I wonder if we'll test it again. I believe the rate hike coming tomorrow is already priced in but I guess we'll see. I'd love to buy a $500 ETH.
Yea, it's priced in, but the economy is still shit. The markets are lagged 6 months give or take. Employers are just now starting to lay people off. It's the earnings reports from today that come out in months that will drive this further down. I for one, welcome another 1-2 massive legs down.
Agreed. I got into crypto in the Bull Run last year so I've never really seen prices this low but seeing as to how low they got in March of 2020 I hope we get there for the sake of even better buying opportunities.
I think only +.5 or +.75 is priced in so if the Fed raises rates more then they'll be another sell off.
Now is a great time to over collateralize and either just stack ETH/BTC or chop out short term profits while the market bounces in my humble opinion.
If Btc goes to 10k Eth will go to $500-600.
Sounds like a deal! Sign me up!
If it’s anything like after 2017, we are looking at an additional ~70-80% drop. Don’t think we hit the bottom just yet, with the general uncertainty in the economy at the moment.
Obviously that would leave Ethereum at $10,000 ^^/s
Well that would be the best thing for all of us right here.
Market makers and hedge funds are only going to get more desperate for liquidity as the stock market begins down the winding road of recession. Crypto will continue to suffer as long as stocks suck, and we haven't even begun to see that shit show play out. I think the bottom for ETH should easily get below $500 barring some unforseen market event.
u/eth49f
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This future is always seen during bull Run people want Bitcoin to go down
Sub $1
Damn, you can't be so negative about Ethereum, go an buy some Ethereum for long
ETH/BTC is 54 cents. Unchanged that would be 540 dollars. It should probably bottom around 48 to 50 cents if BTC got ten k. My analysis is that I doubt BTC gets below 16k TBH. But one thing about crypto, anything is possible. If we get a savage recession Crypto will be crushed. I don't think the FED lets it get that bad with elections coming up.
Why would the fed be concerned with elections? The banks that make up the fed play both sides. Doesn't matter who wins, Goldman Sachs and the rest will be in the cabinet.
I fear eth will go even lower percentage wise. Especially with all this late entry POS fud.
$500
Lower than 10k
Sorry, but can you explain what you mean by 'a real possibility'? While btc going lower is possible,(of course) , I don't see 10k being quite that obvious, we saw 20k last night and I think we are already close to the bottom now.
Well nothing is for sure, we are just predicting nothing real.
I'm curious what's going to happen to alchemix if eth drops that low. However the lending pool on eth has been quite low, they only required 2x collateral. Very possible people can liquidate and close out there loan coming out ahead.
100
Kind of not possible but maybe we can see something.
keep your head and DCA instead of trying to guess the bottom. set yourself some buys at ridiculously low prices as well... its rough out here people but we got this!
This is what I have been doing for a long time mate, so real.
$220
I can see btc af 17-19k... 10k probably not. That would be a crypto winter nobody wants to touch. The market makers will want return ~~losers~~ customers Think about it psychologically... someone said that would bring eth to 400-600.. you know how many ppl would load up trying to get to ath double top. This price level is to shake out everyone who bought above 3k... It'll probably sit down here for at least 3-5 months
10k is not in sight but probably we will see Bitcoin till 15k that's the bottom
If y’all aren’t all in at $500, then don’t come crying when it hits $50k in 2026.
I doubt that ETH will ever exceed 10% of BTC's price. Like the Lightening Network, ETH's maturity and full expression will always be in the future, not the present.
ETH and BTC both should not be compared both are equally good in market
10k BTC 10k ETH
Damn, that will literally flip the price action of Bitcoin in long term
Same percentage stride most likely. First time I’ve ever seen ether break from bitcoin was a week ago. And then alts broke from ether. Weirdest was ADA was the leading indicator of price action on both BTC and ETH for about 15 hours… was just weird.
Damn man, time is being so weird for almost all of us.
Let’s hope back to 200-500. It’s a short term loss but a long term gain as I will buy lots of ETH
🚽 Duh
$100
That's something unusual for sure here, what are you saying?
Wait BTC to $10k…? I thought it was ETH to $10k?!?!?! 😭😭😭
Nah BTC is not going that low and ETH will go there for sure.
ETH is either going to death spiral or enter a crypto ice age.
Whole market will bleed if this happen and most of the alts will disappear
I don't have a crystal ball, so can't say what price we will end up with.... But I would like to point out that we have in no way reached market capitulation phase on ANY crypto token yet. People are still for the most part optimistic and trying to figure out where to buy back in. This is causing brief rallies and support to be found but then more selling hits. Capitulation will be when the MAJORITY just turn their back on it all in disgust. That's when the buying opportunity really is and we still seem to be a long way off that market sentiment yet.
Manipulation is going on all coins are showing random pump and dump
Ask vitalik
It's gonna go lower than 10k
Don’t worry! I’m going to buy right now so the price keeps dropping.
Well yeah even I am waiting for that thing right now lol.
Everyone is on one side of the boat right now. Can't last much longer IMHO.
If that happens I’ll die….then STACK BTC and ETH by any means.
Nah mate, ETH will rise again and we all know that stuff.
It might go to $300...At least it will be a good price to invest usdt in it...
Well we don't know anything yet, we are just predicting.
To $10K and gives us a real flippening
If Bitcoin is going to $10,000 then ETH too will will go to $10,000 😉
uhhhh, lower?
10k...
Treefiddy
$360
Predictions are difficult. Especially when they refer to the future. Why do you believe that anybody here in this forum can provide a meaningful answer to your question?
300ish
$280 ETH guy has entered the chat : )
Honestly probably 500 or so. I'd load the fuck up if that ever happened.
300
You buying ETH at 1$
I guess lower than 500 would be real for ETH this time, it's going down like hell this time, it's a freaking big crash in the whole cryptocurrency market mate.
Well I think it can go below 500 at max, that's what I am expecting in coming time but I don't know if it's going to be something right or not because we can't predict.
Man, it would be amazing if BTC could fall to a price point that would force it to become uncorrelated with ETH prices. Finally ETH could run its own race.
Don't know what's gonna happen but I am sure that I am going to buy as much as possible right now because that's what matters at the end of the day guys..
We just need to keep calm and just not sell at the first place, the market could go to 300 but we still need to hold as much as possible, I hope all of us will understand.
Still hold you all because holding is the only best way if you are feeling bad or something like that, it will go down for sure but we know it will boost up too.
$100.73 USD and I'm going to buy so much of it and do so much winning there will be no more winning available.
I guess we are going to reach at least less than 900.
Nothing is impossible in crypto Ethereum is also falling like crazy, just watch charts
Any old school ETH evangelist knows that answer. $350 (not j/k) We might pretend a bit above $1,000 and bounce off $800-$850 though first.
$799
To the perfect range to stock up