Boxmining Daily: Bear Market Blues, Chinese Mining Community Spotlight

in #ethereum7 years ago

Topics Covered

  • Market Recap
  • Market Crashing / ICO bubble
  • China Spotlight: Cybtc Forum
  • New Videos: TenX, Antshares
  • Upcoming Videos: Wagerr, Tezos , China Episode
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The more the ETH price falls, the more momentum it will have when it rises again. There are many who are taking losses right now as they HODL who will be buying in more to lower their average cost and holding until being profitable again.. That means prices should shoot up so fast they they will go far past a stable high and we'll see another correction quickly after, but I'm expecting $450-500 peak and ~370-400 stable for a time.

love your videos mate

I do enjoy the short and sweet overview, plus the china news is very interesting and great for perspective!

Thank you for the information bro. keep it up! always waiting for your post :)

Your videos are very helpful! Hopefully, the ETH and LTC prices rise again..

Looks like we already passed the bottom

I saw your youtube video many times, THANKS

Hello Michael, I have two points to address:

  1. don't you think that's, even though mass media talk about ice-cream because of the drop, it is still a good news in the long run because general people would know about it and would ask more about it?
  2. don't you think that ICO can be dangerous because there is no due diligence that is done to insure that it would "one day" be profitable?