Price below VWAP from ATL. Fundamentally a broken project with scaling problems + noone actually uses any of the dapps that all these ico's produced. Still many bagholders waiting to get rekt. On the lin scale it looks quite good, but log scale puts it in perspective If current support doesnt hold I would like to see what happens. A good 92% drop is still very possible at this point. I would buy spot here....
Then again, support looks quite strong. lets see if it will hold up
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Still looks like shit. Lets see what this Constantinople bullshit that noone really understand or care about (just nerds) Adoption is long way off, I dont know why the hell i would need ethereum. It doesnt solve any problem in my life, and im quite tech. That means it probably doesnt solve anything for 99% of the world either. Could be wrong offcourse, but i wouldnt go long on this anytime soon.
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Lol funny that Constantinople is actually the main drivers for the last selloff
Wow, brutality honest assessment. I have been saying that since my first post and the haters came from everywhere. It seems people take this crypto market personal. I agree with your analysis. I am not sure id PoS will change my feeling towards ETH, but as I have stated in the past, 90 percent of all crypto's will go the way of the Dodo-Bird but the blockchain will revolutionize the way we do business in the future.
moonify
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@biffbifford, Yep most of the hype is gone for now, lets see where it goes... many ETH bagholders too.