Those news about big traditional markets investors coming into cryptomarkets tells that we are at bottom and from here reversal is imminent. These big players are very clever they press markets at some certain level from where it can be arisen up with minimal efforts. This involvement will make the whole market very interesting as Ethereum will be among big gainers being backbone of whole token economy.
This year ETH 5000USD, Mark my words
this year (2k18)
ethereum will be at $5k ??
Easily
when ethereum will hit $5k then.. will be ethereum stable at $5k ? or just touch $5k for a while and go back to old position like bitcoin ??
You have written your answer dude, Crypto is really volatile and it may go back again but expected never try to touch the ground again. It will not stable because the market is running anytime and the calculation based on the various exchange sites with different volume trade everyday. If you are asking when and none can answer your question.
thanks dude for instant reply. i got answer that ethereum will never stable at $5k but i will be touch $5k surely.
you are right nobody know when it will pump or dump but i am waiitng for that time when ethereum will be at $5k. goood luck!
Crypto-economics ASICs - the investor market can cut the price of main currency on an algorithm type by 30%-50% when the market (made up of investors) has become aware that miners of that coin will be inclined by necessity to sell.
"According to Digitimes, TSMC has received an urgent order from Bitmain for 100k 12nm HPC (high performance computing) chips at the beginning of 2018. 10k chips will be delivered every month in Q1 2018 and more in Q2."
The current Bitmain Antminer S9 is using 16nm ASIC chips.
Therefore, the market of investors, already knows miners that miners have to sell there Bitcoins to buy the Antminer S10 (currently an exclusive to a minority of customers) - so, the market can slash the price on Bitcoin by 30%-50% and buy up those coins from desperate miners who want to keep their businesses going with the fastest ASICs chips.
Why would the introduction of ASICs make the Ethereum Network more stable than Bitcoins?
The investors market price for Bitcoins and Ethereums is following the curve of miners necessity to sell and it all makes sense when you follow the impending hardware releases of ASICs.
New ASICs for Sha algorithm - a big drop in Bitcoin.
New ASICs on Dagger-Hashimoto algorithm - a big drop in Ethereum.
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New GPUs on Dagger-Hashimoto algorithm - small or no change on Ethereum - miners can dispose of older GPUs to other users and current GPUs to other users, which equals little change on the necessity to sell Ethereum.