what is target price for 2019 for eth after all implementation of updates?
will we ever see 1000$ again? what do you think guys? thanks
will we ever see 1000$ again? what do you think guys? thanks
Topic: [ANN] Ethereum: Welcome to the Beginning - page 235. (Read 2006793 times)
Ethereum in any case will be the price of $ 1000, but this will not happen quickly, the market needs to recover significantly more time than you think.
Interesting new about ethereum:
https://twitter.com/raulitojordan/status/1079085816209649664
https://twitter.com/raulitojordan/status/1079085816209649664
And its server will be Ethereum!
The US dollar is weakening just like last January and that adds support to Bitcoin and ETH. If you look at the chart of the US dollar it hit 97.5 five times and failed to go higher now it has turned down. In theory as the dollar drops if your holding bitcoin or ETH you might be better protected so things are lining up pretty well for an early January rally in crypto in my opinion and ETH with the upgrade showing real progress should lead the crypto pack in my opinion. I wouldn't be surprised to see some Institutional buying through Coinbase in January because they probably didn't want it on their books for 2018 but 2019 is a different story they may fear they will get left behind in my opinion. Facebook in the early days didn't stay down for long because the network effect kept growing same here applies.
That recent recovery in price of Ethereum is noticeable as after small correction it looks healthy increase continuously. I do think after long correction and bearish phase now the reversal will be surprising move anytime. Although overall majority think we will continue to see plunge in markets but since fiat money is market maker so lot of unexpected money can turn all the chart down.
what is target price for 2019 for eth after all implementation of updates?
will we ever see 1000$ again? what do you think guys? thanks
will we ever see 1000$ again? what do you think guys? thanks
~snip~
Yes this is very true, but calling it hardfork and upgrade at the same time is not wrong either. Because essentially, hardfork means to be an upgrade. It's just because of those chain split, many people only knew it as something 'bad' instead of a 'good' one.
that is technically, but fundamentally the price might move out of our expectation.
do not forget the fact that they are going to migrating their system from PoW to PoS in the future, and this upgrade means to soften it.
IF the transition is happening in a couple of months later, there will be a huge fud wandering about in our space. Because the majority people until today still mining it, and they will be pissed off because of this transition.
i think dev team will boost the transaction confirmation speed
after hardfork eth blockchain performance will be more highly reliable fast and secure that i expecting
and price will also boost up. eth price will soon upto 200$
migrating their system from PoW to PoS will also effect on the price in pos for collecting reward people have to hold more eth in their wallet
~snip~
Yes this is very true, but calling it hardfork and upgrade at the same time is not wrong either. Because essentially, hardfork means to be an upgrade. It's just because of those chain split, many people only knew it as something 'bad' instead of a 'good' one.
that is technically, but fundamentally the price might move out of our expectation.
do not forget the fact that they are going to migrating their system from PoW to PoS in the future, and this upgrade means to soften it.
IF the transition is happening in a couple of months later, there will be a huge fud wandering about in our space. Because the majority people until today still mining it, and they will be pissed off because of this transition.
Nobody mentioning how solid this time ETH moving I think now it will get recover more support and in next few months we will see on more high price. If someone invested in this coin just 2 weeks ago than than he is in very safe position and I hope this will keep with this momentum.
****Update**** Etherscan.io has just posted the below, to see it yourself instead of clicking on Announcement to get here just click on "Explorer";
Service Announcement: Constantinople hard fork at block #7080000, estimated around the 15-16th of Jan 2019
This is all just my opinion, remember I am just one man!
Last year on Jan 1st to Jan 10th 2018 we went from 790 to 1400 for ETH or an increase of 77%, this year we have a productive fork which doesn't split the chain on Jan 15-16th making the network more valuable than last year not to mention the 50,000 new ethereum addresses being created each day. The fact that the chain will not split and have 5 new improvements will provide confidence in my opinion. We are 135 now so 135*1.77 = 239. This does not factor in the upgrade Jan 15-16th so maybe we add 61 for that and call it 300. This is very reasonable compared to how Facebook grew and was valued for its network improvements as it grew larger. The bottom line is this year's New Year rally has real progress and improvements coming on Jan 15-16th and I suspect in my opinion that should be reflective in the value of ETH.
Article below is pasted from internet explaining Jan 15-16th Non-splitting Hard Fork;
On Thursday, December 6th, 2018 during the bi-weekly Ethereum Dev Core Meeting, the team decided to move forward with the launch of the Ethereum Constantinople hard fork. The launch will occur at block number 7,080,000, with an anticipated date of January 15-16, 2019. To learn more about the details of a Hard Fork, check out this article.
High-Level Overview of Ethereum Constantinople
Constantinople brings with it much-needed performance upgrades to the Ethereum blockchain. It also addresses the problems related to the Difficulty Bomb and Miner Rewards.
Constantinople is a very intensive and extensive update. It will break backward compatibility, meaning the update will come into existence as a Hard Fork. However, at this time it is not expected that Ethereum will split into 2 currencies. This Hard Fork should feel more like a system upgrade. Normally, when people hear the phrase hard fork, they feel that the chain will split into 2 and a 2nd coin will be created. This is not always the case. If everyone agrees with the changes and there is consensus on the update when the hard fork happens everyone just switches to the new version.
5 Updates with Ethereum Constantinople
There are 5 major changes that make up the Constantinople update. A majority of the changes are related to performance. This is an area that Ethereum desperately needed to address, as there becomes increasingly more competition from other platforms that are faster.
To address this concern the Ethereum developers are improving the Ethereum Virtual Machine (EVM). You can think of the EVM as the engine behind the scenes that executes the code associated with Smart Contracts.]
Defining EIP
The 5 improvements included in Constantinople are listed as EIP and then a chronologically ordered number. EIP stands for Ethereum Improvement Proposal. Any member of the Ethereum community can write a proposal and submit it for review. If a majority of the community agrees with the proposal, it will be accepted and scheduled into an upcoming release.
EIP 145
The first improvement is EIP 145, which is a technical improvement written by developers Alex Beregszaszi and Pawel Bylica. This improvement adds Bitwise shifting instructions to the EVM. Bitwise shifting is the process of moving the bits of a binary number to the left or the right. With the new instructions, this operation will use approximately 10X less gas. In plain English, this means that running smart contracts will become more efficient and cheaper.ethereum constantinople hard fork cryptocurrency bitcoin blockchain ether eth Bit Wise Shifting EIP 145 Constantinople
EIP 1052
The second update we will discuss is EIP 1052, co-written by Nick Johnson and Pawel Bylica. This update introduces a new operation that allows smart contracts to verify the code of another smart contract more efficiently. Previously, this verification would require that you pull the code of the other contract and verify it. With the new update, a hash of the code is returned for verification rather than the entire code. This becomes very important when you have many smart contracts interacting with one another, using hash verification speeds up the process dramatically.
Hash of Smart Contracts EIP 1052 ConstantinopleEIP 145 and 1052 combined are designed to make the EVM more efficient. This will make it cheaper to run smart contracts on the Ethereum network.
EIP 1014
Next, we will look at EIP 1014, written by the Founder himself Vitalik Buterin. EIP 1014 adds State channels to the Ethereum network. State channels can be easily compared to Bitcoins Lightning network. The main thing to know here is that State channels allow for transactions to be settled in a payment channel away from the main blockchain. This can allow for higher throughput and improve the transactions per second.
State Channels EIP 1014 ConstantinopleFrom the EIP 1014 Github page, the motivation for this update is below:
Allows interactions to (actually or counterfactually in channels) be made with addresses that do not exist yet on-chain but can be relied on to only possibly eventually contain code that has been created by a particular piece of init code.
What this basically means is that the update will allow for the main chain to reference off chain transactions that have not been broadcast to the main chain yet.
EIP 1234
The 4th proposal is EIP 1234, Constantinople Difficulty Bomb Delay and Block Reward Adjustment, Championed by Afri Schoedon. EIP 1234 is the proposal that has been garnering the most attention. The approved proposal has to do with delaying the difficulty bomb and reducing the block reward. A couple of questions here: What is the Difficulty Bomb? and Why would we want to reduce the block reward?
ethereum constantinople hard fork cryptocurrency bitcoin blockchain ether eth
Block Reward
Lets’ start by discussing the block reward. Until now, miners on the Ethereum network receive 3 Ether (ETH) as a reward for mining a new block. A new block is created every 15 seconds, meaning that every day 5-6,000 blocks are added to the chain. With a block reward of 3 ETH, 15-18,000 ETH are being added to the total supply every day.
This can become a big issue, and if you would like to learn more, check out our article on CryptoCurrency Price Inflation.
This new update reduces the mining reward from 3 ETH to 2 ETH which will reduce the yearly inflation of the coin. The goal of this is ultimately to drive the price higher, as we know that when there is less of something it becomes worth more. Bitcoin has a similar, automated mechanism, where the block reward is cut in half every 210,000 blocks.
Difficulty Bomb
EIP 1234 also delays the release of the difficulty bomb by 1 year. But what is the difficulty bomb? It has to do with Ethereums’ plans to move away from the Proof of Work algorithm, and their adoption of Proof of Stake. You can learn about Proof of Stake and it’s importance by reviewing this Deep Dive.
To summarize, right now on the Ethereum blockchain, miners are needed to process transactions and create new blocks. They are compensated for their proof of work with a block reward. With Proof of Stake, however, miners are not needed and will essentially lose their job. When Etereum finally switches to proof of stake, miners can choose to not adopt the new update and keep the old version of the chain going. This would be a true Hard Fork, dividing the Ethereum community in 2 with people supporting both chains.
This situation has happened to Ethereum in the past, which is why we now have Ethereum and Ethereum Classic. The Ethereum developers are trying to make sure this situation does not repeat itself. The solution that they have come up with is to add the Difficulty Bomb into the protocol. The difficulty bomb is a mechanism that makes mining a new block exponentially more difficult over time. The difficulty continues to increase until mining a new block becomes impossible. When blocks can no longer be mined the network is halted or frozen, and this scenario is known as the Ethereum Ice Age. This concept was added to the protocol on September 7th, 2015.
Difficulty Bomb Ethereum Ice Age Graph EIP 1234 ConstantinopleThe Difficulty Bomb accomplishes 2 things. First, it adds pressure to the Ethereum developers to come up with an update for the protocol to avoid an ice age from occurring. Secondly, it forces miners to adopt new updates. Otherwise, they will be stuck mining for a network that is not making them any money. The difficulty bomb is a very good idea, but all good ideas come with their own drawbacks. The idea was introduced in late 2015, and the goal was to make the network almost unusable by the end of 2016. The thinking was that the migration to Proof of Stake would have already taken place. Obviously, that did not happen, and we are now left with EIP 1234 which delays the difficulty bomb 1 year. This puts the anticipated start date of the difficulty bomb on January 15-16th, 2020.
EIP 1283
Lastly, we have EIP-1283, which is based on an earlier proposal EIP 1087 that was authored by Nick Johnson. EIP-1283 is called, Net gas metering for SSTORE without dirty maps. A long, confusing sounding EIP name that makes it possible for multiple updates to use the same storage slot within a transaction to reduce cost. This can be done because the transaction doesn’t write to disk until the end of a transaction.
Conclusion
As mentioned above, this will feel more like a system upgrade rather than a hard fork. This hard fork does begin to lay the groundwork for additional upcoming forks including Plasma and Casper. All with the goal of migrating the network from Proof of Work to Proof of Stake. If you have enjoyed reading this article, please consider leaving your feedback below.
Service Announcement: Constantinople hard fork at block #7080000, estimated around the 15-16th of Jan 2019
This is all just my opinion, remember I am just one man!
Last year on Jan 1st to Jan 10th 2018 we went from 790 to 1400 for ETH or an increase of 77%, this year we have a productive fork which doesn't split the chain on Jan 15-16th making the network more valuable than last year not to mention the 50,000 new ethereum addresses being created each day. The fact that the chain will not split and have 5 new improvements will provide confidence in my opinion. We are 135 now so 135*1.77 = 239. This does not factor in the upgrade Jan 15-16th so maybe we add 61 for that and call it 300. This is very reasonable compared to how Facebook grew and was valued for its network improvements as it grew larger. The bottom line is this year's New Year rally has real progress and improvements coming on Jan 15-16th and I suspect in my opinion that should be reflective in the value of ETH.
Article below is pasted from internet explaining Jan 15-16th Non-splitting Hard Fork;
On Thursday, December 6th, 2018 during the bi-weekly Ethereum Dev Core Meeting, the team decided to move forward with the launch of the Ethereum Constantinople hard fork. The launch will occur at block number 7,080,000, with an anticipated date of January 15-16, 2019. To learn more about the details of a Hard Fork, check out this article.
High-Level Overview of Ethereum Constantinople
Constantinople brings with it much-needed performance upgrades to the Ethereum blockchain. It also addresses the problems related to the Difficulty Bomb and Miner Rewards.
Constantinople is a very intensive and extensive update. It will break backward compatibility, meaning the update will come into existence as a Hard Fork. However, at this time it is not expected that Ethereum will split into 2 currencies. This Hard Fork should feel more like a system upgrade. Normally, when people hear the phrase hard fork, they feel that the chain will split into 2 and a 2nd coin will be created. This is not always the case. If everyone agrees with the changes and there is consensus on the update when the hard fork happens everyone just switches to the new version.
5 Updates with Ethereum Constantinople
There are 5 major changes that make up the Constantinople update. A majority of the changes are related to performance. This is an area that Ethereum desperately needed to address, as there becomes increasingly more competition from other platforms that are faster.
To address this concern the Ethereum developers are improving the Ethereum Virtual Machine (EVM). You can think of the EVM as the engine behind the scenes that executes the code associated with Smart Contracts.]
Defining EIP
The 5 improvements included in Constantinople are listed as EIP and then a chronologically ordered number. EIP stands for Ethereum Improvement Proposal. Any member of the Ethereum community can write a proposal and submit it for review. If a majority of the community agrees with the proposal, it will be accepted and scheduled into an upcoming release.
EIP 145
The first improvement is EIP 145, which is a technical improvement written by developers Alex Beregszaszi and Pawel Bylica. This improvement adds Bitwise shifting instructions to the EVM. Bitwise shifting is the process of moving the bits of a binary number to the left or the right. With the new instructions, this operation will use approximately 10X less gas. In plain English, this means that running smart contracts will become more efficient and cheaper.ethereum constantinople hard fork cryptocurrency bitcoin blockchain ether eth Bit Wise Shifting EIP 145 Constantinople
EIP 1052
The second update we will discuss is EIP 1052, co-written by Nick Johnson and Pawel Bylica. This update introduces a new operation that allows smart contracts to verify the code of another smart contract more efficiently. Previously, this verification would require that you pull the code of the other contract and verify it. With the new update, a hash of the code is returned for verification rather than the entire code. This becomes very important when you have many smart contracts interacting with one another, using hash verification speeds up the process dramatically.
Hash of Smart Contracts EIP 1052 ConstantinopleEIP 145 and 1052 combined are designed to make the EVM more efficient. This will make it cheaper to run smart contracts on the Ethereum network.
EIP 1014
Next, we will look at EIP 1014, written by the Founder himself Vitalik Buterin. EIP 1014 adds State channels to the Ethereum network. State channels can be easily compared to Bitcoins Lightning network. The main thing to know here is that State channels allow for transactions to be settled in a payment channel away from the main blockchain. This can allow for higher throughput and improve the transactions per second.
State Channels EIP 1014 ConstantinopleFrom the EIP 1014 Github page, the motivation for this update is below:
Allows interactions to (actually or counterfactually in channels) be made with addresses that do not exist yet on-chain but can be relied on to only possibly eventually contain code that has been created by a particular piece of init code.
What this basically means is that the update will allow for the main chain to reference off chain transactions that have not been broadcast to the main chain yet.
EIP 1234
The 4th proposal is EIP 1234, Constantinople Difficulty Bomb Delay and Block Reward Adjustment, Championed by Afri Schoedon. EIP 1234 is the proposal that has been garnering the most attention. The approved proposal has to do with delaying the difficulty bomb and reducing the block reward. A couple of questions here: What is the Difficulty Bomb? and Why would we want to reduce the block reward?
ethereum constantinople hard fork cryptocurrency bitcoin blockchain ether eth
Block Reward
Lets’ start by discussing the block reward. Until now, miners on the Ethereum network receive 3 Ether (ETH) as a reward for mining a new block. A new block is created every 15 seconds, meaning that every day 5-6,000 blocks are added to the chain. With a block reward of 3 ETH, 15-18,000 ETH are being added to the total supply every day.
This can become a big issue, and if you would like to learn more, check out our article on CryptoCurrency Price Inflation.
This new update reduces the mining reward from 3 ETH to 2 ETH which will reduce the yearly inflation of the coin. The goal of this is ultimately to drive the price higher, as we know that when there is less of something it becomes worth more. Bitcoin has a similar, automated mechanism, where the block reward is cut in half every 210,000 blocks.
Difficulty Bomb
EIP 1234 also delays the release of the difficulty bomb by 1 year. But what is the difficulty bomb? It has to do with Ethereums’ plans to move away from the Proof of Work algorithm, and their adoption of Proof of Stake. You can learn about Proof of Stake and it’s importance by reviewing this Deep Dive.
To summarize, right now on the Ethereum blockchain, miners are needed to process transactions and create new blocks. They are compensated for their proof of work with a block reward. With Proof of Stake, however, miners are not needed and will essentially lose their job. When Etereum finally switches to proof of stake, miners can choose to not adopt the new update and keep the old version of the chain going. This would be a true Hard Fork, dividing the Ethereum community in 2 with people supporting both chains.
This situation has happened to Ethereum in the past, which is why we now have Ethereum and Ethereum Classic. The Ethereum developers are trying to make sure this situation does not repeat itself. The solution that they have come up with is to add the Difficulty Bomb into the protocol. The difficulty bomb is a mechanism that makes mining a new block exponentially more difficult over time. The difficulty continues to increase until mining a new block becomes impossible. When blocks can no longer be mined the network is halted or frozen, and this scenario is known as the Ethereum Ice Age. This concept was added to the protocol on September 7th, 2015.
Difficulty Bomb Ethereum Ice Age Graph EIP 1234 ConstantinopleThe Difficulty Bomb accomplishes 2 things. First, it adds pressure to the Ethereum developers to come up with an update for the protocol to avoid an ice age from occurring. Secondly, it forces miners to adopt new updates. Otherwise, they will be stuck mining for a network that is not making them any money. The difficulty bomb is a very good idea, but all good ideas come with their own drawbacks. The idea was introduced in late 2015, and the goal was to make the network almost unusable by the end of 2016. The thinking was that the migration to Proof of Stake would have already taken place. Obviously, that did not happen, and we are now left with EIP 1234 which delays the difficulty bomb 1 year. This puts the anticipated start date of the difficulty bomb on January 15-16th, 2020.
EIP 1283
Lastly, we have EIP-1283, which is based on an earlier proposal EIP 1087 that was authored by Nick Johnson. EIP-1283 is called, Net gas metering for SSTORE without dirty maps. A long, confusing sounding EIP name that makes it possible for multiple updates to use the same storage slot within a transaction to reduce cost. This can be done because the transaction doesn’t write to disk until the end of a transaction.
Conclusion
As mentioned above, this will feel more like a system upgrade rather than a hard fork. This hard fork does begin to lay the groundwork for additional upcoming forks including Plasma and Casper. All with the goal of migrating the network from Proof of Work to Proof of Stake. If you have enjoyed reading this article, please consider leaving your feedback below.
The day before yesterday I sold Ethereum, and then the coin went sharply to grow, I was pleasantly surprised. Who in the course will the Binance exchange support fork Ethereum?
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
Yeah that's why Ethereum price going up and i missed the chance to got free BSV, i think i should buy ETH for fork too.
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
The developers will not be giving away a new coin, it will just be an update without creating a coin. Therefore, all exchanges will support this update. am buying some more eth at this price just for the fork which is upcoming this January.
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
The day before yesterday I sold Ethereum, and then the coin went sharply to grow, I was pleasantly surprised. Who in the course will the Binance exchange support fork Ethereum?
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
Yeah that's why Ethereum price going up and i missed the chance to got free BSV, i think i should buy ETH for fork too.
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
am buying some more eth at this price just for the fork which is upcoming this January.
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
This hardfork is totally different compared to the last one, based on the data that I heard. There will be no new coin created based on this fork.
and this fork is specialized for ETH to upgrade their system, technology, and development.
based on that, it is very obvious that most exchange will support it because it will upgrade the system itself instead of chain split. And I do hope, this momentum last for a few months and can trigger our overall market, because it is not the hardfork that we used to be to get a free money.
The day before yesterday I sold Ethereum, and then the coin went sharply to grow, I was pleasantly surprised. Who in the course will the Binance exchange support fork Ethereum?
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
Yeah that's why Ethereum price going up and i missed the chance to got free BSV, i think i should buy ETH for fork too.
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
am buying some more eth at this price just for the fork which is upcoming this January.
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
am buying some more eth at this price just for the fork which is upcoming this January.
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
I am agree with you we can expect that 2019 will bring positive news about crypto and market will grow in 2019.
Failure ETH from PoW makes unnecessary XRP, XLM, EOS and similar. In the near future, the growth of ETH is likely to increase due to sales of these, and according to technical analysis, they are on the peaks to the ether now asking for a correction. But DASH and BCH will follow for ether in growth because they are oversold, at the bottom to ETH now and are unlikely to go below
am buying some more eth at this price just for the fork which is upcoming this January.
I guess that explains the sudden growth of eth even without btc growth as such, its always good to have some free money after all, i will also pick some few up not to miss out, i expect 2019 to be lots better than 2018 interms of price
Yes Ethereum fork will be in January 2019, if nothing changes. Scalability will be resolved when there is a new Ethereum update. Every coin has difficulty.
Is there any new update regarding the Ethereum hard fork happening in January? If I heard correctly, there will be less reward for miners, is that correct?
Mining is already not really profitable. That means, that miners will be quitting to mine Ethereum and scalabilty will drop. And we all know that Ethereum is not very good at scalability...
Mining is already not really profitable. That means, that miners will be quitting to mine Ethereum and scalabilty will drop. And we all know that Ethereum is not very good at scalability...
But does it make sense? Is it the right time, to reduce the mining rewards and push basically majority out? Mining are an important part of the Ethereum ecosystem and I don't understand the logic behind it - pushing them out. At the moment, they really are not making much profit. If any...
I know one thing for sure after the hardfork I will stop mining ETH because cost of mining is going through roof where I live.
That call of CEO of Bitmex is bullish for Ethereum as he sees $200 coming very soon. That means we may see increase but that will not touch his targeted price but a message of buying was given in his specific style. If you look at his previous calls then can understand how they worked and what actually they were meant for markets.
I feel listening to our own voice is more important at this moment .. the way crypto is designed its made to combat our dying economy .. we may soon expect Bitcoin's lightning network wallets which would help to create channels between the 2 party and make transfer fast and easier We already have raiden for Ethereum and they are having a hardfork on 16th jan and would add casper in 2020 which isnt very far now...so far BTC lightning network is maintaining its nodes to reach highest levels. btc & eth are designed to be store of value. While Xrp is meant to make larger amount possible for banking industriesfor using this system people need to educate about this system reliability or need to find some other way where people can use crypto payment much easy or secure way.
i believe that in 2020 crypto will much more popular and their prices are also skyrocket
right now transferring payment from one to another is much easier through crypto blockchain
people will soon realize that who don't except it right now
Crypto adopted by many big companies so crypto will rise but it will take much time. (2020 or 2025).
You are mistaking the terms. Crypto and blochain are two different things.
Companies can easily create their own blockchains and leave all altcoins to die.
The fight right now is which coin will provide the best, easiest to adopt, cheapest to adopt
technologies for a blokchain. All of them hope that some huge company will then buy it for billions.
Simple as that. No cryptocurrency exists for the sole reason of existing (except maybe Yenten and Doge).
Blockchain and crypto can be seen as a huge, crowdsourced startup. And what happens after startups
actually start? Someone buys them or they die. In some rare cases they grow so fast
that they can afford to exist on their own (as Bitcoin did).
That call of CEO of Bitmex is bullish for Ethereum as he sees $200 coming very soon. That means we may see increase but that will not touch his targeted price but a message of buying was given in his specific style. If you look at his previous calls then can understand how they worked and what actually they were meant for markets.
I feel listening to our own voice is more important at this moment .. the way crypto is designed its made to combat our dying economy .. we may soon expect Bitcoin's lightning network wallets which would help to create channels between the 2 party and make transfer fast and easier We already have raiden for Ethereum and they are having a hardfork on 16th jan and would add casper in 2020 which isnt very far now...so far BTC lightning network is maintaining its nodes to reach highest levels. btc & eth are designed to be store of value. While Xrp is meant to make larger amount possible for banking industriesfor using this system people need to educate about this system reliability or need to find some other way where people can use crypto payment much easy or secure way.
i believe that in 2020 crypto will much more popular and their prices are also skyrocket
right now transferring payment from one to another is much easier through crypto blockchain
people will soon realize that who don't except it right now
Crypto adopted by many big companies so crypto will rise but it will take much time. (2020 or 2025).
You are mistaking the terms. Crypto and blochain are two different things.
Companies can easily create their own blockchains and leave all altcoins to die.
The fight right now is which coin will provide the best, easiest to adopt, cheapest to adopt
technologies for a blokchain. All of them hope that some huge company will then buy it for billions.
Simple as that. No cryptocurrency exists for the sole reason of existing (except maybe Yenten and Doge).
Blockchain and crypto can be seen as a huge, crowdsourced startup. And what happens after startups
actually start? Someone buys them or they die. In some rare cases they grow so fast
that they can afford to exist on their own (as Bitcoin did).
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