I think that finally, we can experience solid burst after this bubble. Which would be reasonable and healthy for market. Considering multiple flaws and overall ethereum platform problems, including recent theft of 35mln USD.
It would take a major disaster and I would be extremely surprised if it went to .0463. I would be pretty surprised if it even went to .06-.063. But I would say its a 45% chance. What do I know though.
n0xTrader
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@PooSlingingFoo, Imho, highly depends on those few whales. Nothing more, 10-15k btc and you can stop price falling everywhere with current market depth.
HondaJr
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Doesn't look like it is going down..
n0xTrader
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@HondaJr, For me ETHBTC is pure gamble for outsider's. This is #1 manipulated coin i ever saw. That's why i'm staying away from ETH usually, right now i didn't take any position yet.
n0xTrader
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@n0xTrader, I might take one, if gravity force will be to powerful for manipulator wallet.
@ShaunHiromiIkeda, No fud here. That's fact. I have been observing ETH for a long time, made high profits on it, What i have noticed is that if ETH price is not going the way some guy wants, then he puts up to 8k BTC on bid support. I bet it was not coincidence to go from 5500 btc on bid's to like 11k in less than 2minutes, on my eyes i saw how walls started appearing - 2 times where was perfect conditions to open short and make 25% profit even without leverage. For sure it's better to be careful.
Someone is going to pay for this party.
DJLoveHz
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@HondaJr, It's been going down for the last 2 days.