With more than 200.000 ETH mine every week and low buy volumes, we could assist of a big crash of Ethereum price.
Since the end of Devcon 2 the price is still falling and we recover a price @ march 2016.
In my opinion the price could fall under 8 dol @ the end of the year.
Applications for high public will arrive between 2 or 6 years so today the question is why buying an ether and for what to do ? => nothing
Only Bitcoin can raise because of low price of Yuan against dollar, chineses move their fund on BTC and only on this cryptocoin.
As the housing bubble broke, we can see the same things with ethereum.
My advice is to sell ETH now before it goes on the way to the ground...
Since the end of Devcon 2 the price is still falling and we recover a price @ march 2016.
In my opinion the price could fall under 8 dol @ the end of the year.
Applications for high public will arrive between 2 or 6 years so today the question is why buying an ether and for what to do ? => nothing
Only Bitcoin can raise because of low price of Yuan against dollar, chineses move their fund on BTC and only on this cryptocoin.
As the housing bubble broke, we can see the same things with ethereum.
My advice is to sell ETH now before it goes on the way to the ground...