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RE: Of Bears and Bulls: The Irrationality of People
A lot of good points there. On Ethereum: it is my experience that a good bear market for a coin takes off about 90-95% of the price. So for ethereum that would mean going back to 20-40 bucks. That seems too extreme unless Bitcoin goes in bear market territory as well. If we stay out of a Bitcoin bear market, ETH $100-125 seems like a good price area to start accumulating again.
I agree. I mentioned it may be too early to call this a bear market. I'm not confident we will see sustained price depression in something like Ethereum due to the massive amounts of activity in the space.