What about ETH price now? Big Pump or Big Dump?

in #eth7 years ago (edited)

Do you know the price of ETH went to $13 in the flash crash? GDAX is going to compensate to those who lost money during flash crash.

So what do you think about ETH price now? Will it go up? or Will it go down? or Will it remain in the range of 0.110BTC to 0.125BTC?

As per poloniex, the ETH network is having issues. Once the deposit/withdraw feature is enabled in poloniex or once the network issue has been resolved, what do you expect about ETH price?

Comment your opinion here...

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It was just a technical accident, which only happened in single exchange. I think this won't determine ETH's future.

I think its not a technical accident. As far as I know, margin positions were liquidated with the fall in price. It may not have huge impact in ETH price.

Just collecting/sharing opinions from people with different mind ;)

I agree with @coinpresskr. This mistake has short-term impact on ETH and cryptocurrency market, but in long term I believe it isn't of great importance. Of course, if it is repeated, it will make problems to ETH and other altcoins based on Ethereum.

Whats your thought about network issues? :)

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