At present, ethereum is trading at approximately 0.04 BTC. The last time ethereum was valued so low against the price of bitcoin was the last week of April, when the ethereum price was just $50. Moreover, it is roughly one-fourth of ETH/BTC’s all-time high, which topped out at close to 0.16 BTC in mid-June.
"On Wednesday Vitalik Buterin laid out a multi-year roadmap that explains some of the issues facing the platform — most notably scalability — and how developers intend to address them. Moreover, Vlad Zamfir released a draft of a whitepaper for Casper, the proof-of-stake consensus mechanism that developers have been previewing for some time now. Many of the projects that are being discussed at Devcon3 will take months to accomplish, so it is too early to predict when the ethereum price will turn a corner. However, current investors should continue to look to the future with optimism."
What do you think?
Topic: Ethereum price on the Horizon (Read 182 times)
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