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RE: What do you think of this? Tech analysis compares ETH curve with bubble hype curves and predicts further crash
that does make it a bit unstable as people investing when it is high compared to the $11 it once was may jump scared if it starts to tumble. Not sure whether ICOs will bail any more if it continues to sink or most have taken a lot of money now and will wait for the value to return - anyone have a view?
Not sure if it's a factor, but I noticed yesterday while playing that a couple of recent ICOs that launched available in ETH only can now be bought in Bitcoin and other of the more developed coins. Might this diversification be part of what's driving the price - less demand? My observations are only based on a couple of coins that I looked at, so entirely unscientific! Anyone got a larger sample to work with? :D
Very interesting observation that I didn't know about at all - thanks for contributing it. Anyone else have a view on this?