Ethereum has been bouncing between $160-$170 for days. This zone has shown that’s its a strong point for accumulation, and therefore we are likely to see a large bounce from this point. Between BTC ratio and USD value, ETH is poised for a huge move in the green as it shows a direct similarity to that of BTCs 3k bottom and the 2016-2017 fractal pattern before ETHs massive bullrun. It’s safe to say that ETH is an obvious move at this point.
Everyone always says to buy BTC when in fact you should also be buying ETH. ETH has so far provided larger gains in the last two bull runs. In 2017, if you bought ETH when it was $17, then you would have drastically out performed BTC when it was $900. Again, earlier this year ETH was at $70, and it already did a 2x from its low. BTC on the other hand still hasn’t cracked a 2x from its 2019 low. This shows that even though most people see BTC as the ultimate coin, you would have consistently outperformed it with ETH. ETH is so undervalued it’s not even funny anymore, but this makes it a second chance for everyone that missed the boat in late 2016 and early 2017.
Ethereum is still the biggest coin to watch over the next 3-5 years. BTC is the new store of value/ gold equivalent for this generation, but ETH is going to prove itself to be as invaluable as the App was for the internet. It makes zero sense to not invest in ETH, or atleast own a significant sum for the real liftoff. ETH has been channeling in a heavy accumulation zone for months. Once it breaks out we’re going to see it back in the 1200 dollar range in no time.
Ethereum still hold the 2nd spot. The bull market is finally back on the table and ETH stands to make atleast 10x gains. This coin has always performed because nearly every developer in the blockchain space is related to or works directly with ETH. Although there are other hype coins out there, none have the staying power of ETH. The developer community backing Ethereum is second to none, far outweighing that of Bitcoin's core team. If you're looking for a guaranteed 10x, look no further than ETH.
ETH is still one of the most exciting coins on the market. Their endless use cases still put it up rightly as #2 on CMC. Ethereum should never be replaced by tron every again. ETH has the most developers, the most traction for the next step for blockchain technology. Exciting times ahead.
It's great to see a community forming around ETH again. After they delayed the constantinople hardfork the community really seemed up in arms. Now that the fork has completed without issue, the entire atmosphere seems back to normal again. ETH is the Amazon of blockchains, and not owning a few Buterins will be a costly mistake in the next 2-5 years.
Ethereum showing healthy signs that the worst is over regarding the big selling pressure of ETH in the last year. It was long overdue that the price for Ethereum should rise, considering all the headway ETH 2.0 has made.
Given the high recognition of cryptocurrency and infrastructure development, the volume of investment can also increase significantly. No one will hurry, as the owners of big capital do not differ in excessive emotionality and rely only on the most promising conditions. In this case, the benefit lies either in the minimum quotes of digital assets, or in investments in projects with a proven business model.
Ethereum was supported by the news that the Commodity Futures Trading Commission is likely to consider launching derivatives based on Ethereum. The regulator wants to find out details about its work and technology, as well as about the business built on this platform.
With the advent of various platforms, first of all, Ethereum, the community has an alternative - decentralized trading and exchange platforms, where transactions are concluded through smart contracts, which theoretically reduces the human factor only to possible errors in the code of such a contract.
If the SEC had also responded quickly to public statements about cryptocurrencies, as they responded to Ilon Mask's tweet, the cryptoactive assets market would be a much safer place.
It is necessary to understand that the token could be a security at the time of release, but then change its properties. This was the case with Ethereum, which is currently decentralized enough not to be considered a security.
During the stagnation of the market, many investors continue to keep their assets at a loss. such actions can not be called the right investment strategy. following the principle of â€œbuy on the fallâ€ and investing in a market without signs of a quick recovery are also based on emotions and are not the right decisions. In addition, many investors are often under pressure from public opinion. To avoid this, Bitcoin investors need to conduct a regular analysis of their actions. Otherwise, investors will incorrectly assess the risks of their future decisions.
If you are rushing into buying altcoins, stop! Miners are now working at a loss, or on the verge of payback, and are in a hurry to sell the mined coins. The flow of new investors is very extremely limited, and the old investors either try to sit out losses or gradually become long-term investors. All this jeopardizes trading volumes of crypto-currencies and their daily use. Cryptocurrency market is close to depression, and the next phase may be the total collapse of both investment processes and the mining capacity. Perhaps, if cryptocurrencies are finally left alone, after a while, there will be some sense of their existence again.
The calm on cryptomarket can turn into a serious burst of volatility. The main crypto-currencies are at the lows, but do not attract customer demand due to the crisis of confidence in the sector. The impulse of reduction has exhausted itself, however the absence of strong positive news does not allow bitcoin to develop a rebound. Potentially a lull in the market forms the basis for a strong movement in any direction. In these conditions, the importance of the nearest levels of support is increasing.
Hey, guys, I have some soothing words from an expert for you. The co-founder of the Etherium Joseph Lubin in an interview for Bloomberg said that sooner or later the prices of key crypto currencies will go up again. However, WHEN this happens, it's hard to say. It all depends on when the problems of scaling of bitcoin and etherium are solved. He also explained that in the long run bitcoin and etherium will grow, but this will not happen rectilinearly - on the way up, bubbles will periodically form, which will "collapse". According to his observation, since the appearance of bitcoin, crypto currency 6 times on the chart formed bubbles, but each of the following was formed above the previous one. "This trend will continue," - says Joseph Lubin. Hooray!
Cheer up guys, Vitaliy said in a statement to TechCrunch that '2018 will be the year of action' for Ethereum. Can't help quoting 'It will be the year where all of the ideas around scalability, Plasma, proof-of-stake, and privacy that we have painstakingly worked on and refined over the last four years are finally going to turn into real, live working code that you can play around in a highly mature form in some cases on testnets, and in some key cases even on the public mainnet. Everyone in the Ethereum space recognizes that the world is watching, and we are ready to deliver.' That sounds really promising. Whatever of these solutions materializes first, will see ETH price hit 1000 again and more.
We all know Ethereum's adoption is growing day by day, if anyone's planning a trip soon - on 16th Largest Private Jet Instant Booking Platform added ethereum into the list of accepted terms of payment (together with bitcoin). Will see more of that.
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