Topic: Ethereum Holds onto Recent Gains (Read 87 times)
Compared to BTC, ETH has had a lot of profit in the recent market. ETH transactions increased significantly compared to BTC. The difference in the system is that the processing of Ethereum data is faster than the BTC, as Ethereum's system automatically applies the terms and conditions of the agreement once the agreement is reached.
Ethereum does everything Bitcoin can do, and even more. If Bitcoin guarantees an increase in market value of 23.6 billion USD, what is the next Ether price, with the market price of Ethereum only 7 billion USD?
Nobody suspects a cryptocurrency receives institutional support, Given that most companies are interested in Ethereum as Blockchain technology development platform. Public confidence in Ethereum as front-end Blockchain for future business is enough to make Ether prices soar.
Nobody suspects a cryptocurrency receives institutional support, Given that most companies are interested in Ethereum as Blockchain technology development platform. Public confidence in Ethereum as front-end Blockchain for future business is enough to make Ether prices soar.
One year ago was 0.148. So We a far away from the BTC all-time high. And the supposed flipping is really far away. Probably because today Ethereum is the project to be attacked. We have tons of big projects trying to build something scaleable where people could build smart contracts and dApps.
We have today EOS, ADA, Zilinqa, Tezos, Qtum and many more that are trying to take the place from ethereum and are not competing directly with what Bitcoin is good (a decentralized store of value and currency)
Besides that, Ethereum has many challenges. They need to be more scalable, they need do become PoS this year. They can not wait. And there are a lot of projects and people that have used their smart contracts for accumulating ETH and are probably dumping on the market because they need fiat to sustain their business.
We have today EOS, ADA, Zilinqa, Tezos, Qtum and many more that are trying to take the place from ethereum and are not competing directly with what Bitcoin is good (a decentralized store of value and currency)
Besides that, Ethereum has many challenges. They need to be more scalable, they need do become PoS this year. They can not wait. And there are a lot of projects and people that have used their smart contracts for accumulating ETH and are probably dumping on the market because they need fiat to sustain their business.
eth is a strong coin, it will show its strenght in the past months but btc really has a big influencenon the market price. all altcoin were hardly proceed with its position of the market because btc dominates all.
ETH is an atl that has the greatest buy back opportunity. one of the ALT that has the highest potential in comparison with other ALT. so I think the lower the ETH price will make more and more investors going to buy ETH for a low price
The current price increase of ETH may be adjusted, but so far, ETH has risen despite the fall of other altcoins, which allows prices to rise much higher through what is supposed to be. The form of risk of leverage in the market. In all cases, in early 2018, Ethereum is also showing its strength.
I consider that ETH will shorten the spread with BTC I do not know how much but I am sure that it will be. I think that the shortening will begin with a new upward trend.
Now it is just predictions but the result we will see on a new upward trend.
My first prediction that the ratio will be 1:10 quite soon
Now it is just predictions but the result we will see on a new upward trend.
My first prediction that the ratio will be 1:10 quite soon
Price against Bitcoin returning to 0.077 BTC.
Read Bokka Crypto Technical Analysis ETH/BTC 19.06.18: https://bokka.com/cryptocurrency-news-ethereum-holds-onto-recent-gains
Read Bokka Crypto Technical Analysis ETH/BTC 19.06.18: https://bokka.com/cryptocurrency-news-ethereum-holds-onto-recent-gains
Jump to: