RATE Group | Why I Think Ethereum Will Sink To $100
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Why I Think Ethereum Will Sink To $100

20 Sep Why I Think Ethereum Will Sink To $100

Posted at 15:59h in Ethereum News by

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photo: Getty royalty free images

Back in 2016, I moved into an Airbnb apartment near Apple’s Infinite Loop to do some business in Silicon Valley for a few weeks. This was a bit of a surprise for some squatters who for some nefarious reason or other had been given access to the house. They were friendly enough and were working on Ethereum derivative contracts for their pre-startup startup.

Hopefully they had a bucket of cheap coins when the boom came, but if they did they probably sold like any sensible person would when they had turned hundreds of dollars into thousands.

You have to be a bit madder than the average squatting Ethereum derivative contract startup member to hold onto your assets from $20 to $1,200.

Plenty of people have held from $1,200 to $200.

[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]

Crypto was…

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