JorgeAbascal
Long

If the ETH bubble pops today...

BITSTAMP:BTCUSD   Bitcoin / Dollar
509 3 8
This is the other scenario. As I said, people buy ethereum with bitcoins , ethereum is in a parabollic movement and for sure a bubble. Ethereum will grow until bitcoin cannot go lower. That might be the pink line (historical minimum) in the chart, but also because we have a pennant , it might breakout in the same direction as the initial large movement and reach the 640 usd dolars.
I"m not sure about that. There are lots of things Ethereum does that bitcoin doesn't do. That's why it's called crypto 2.0. So We'll see
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JorgeAbascal nepaldude41
Even so, any market needs to be developed. Its the same with Bitcoin vs USD... for sure Bitcoin solves things that the fiat money doesn't but the market needs to be developed. Right now ETH is speculative,which is great, you can make a lot of money from it... but for sure there will be a correction, or now or at 0.05 or at 0.1 (probably not higher than that), presure is growing at the same path as Ethereum price.
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JorgeAbascal nepaldude41
And remember: Ripple was also called crypto 2.0 I made 10 bitcoins from that speculation for free.
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