ETH wasn't hacked so why would you sell. If price falls then you buy more.
ETH is good for smart contracts; what good are smart contracts if you have to trust trusted curators to vet the code for you? And they still fuck it up?
ETH is good mining with a gpu then for converting to btc so very simply Intel Amd and nividia all have an interest in propping up its price.
Other major companies such as dell and its Alienware pcs have an interest.
Any major gaming pc company has a vested interest in keeping eth coin a float as long as it only mines it with gpus.
All eth coin market cap was over 1.5 bill Now about 1 billion .
But to raise price back up some steady purchases from major companies are simply advertising and rebates for their products.
I see the coin moving back up in price quote a bit.
Ask yourself is btc a successful way to move money via transaction answer no..
Btc has 1.4ph to do less then three million transactions a day.
I need to check that but. I think it is close.
Note it is close to 3,000,000 transactions a day it is 300,000
So this means if you have a s-7 it will do 1 transaction per day.
If you have an s-9 it will do 3 transactions a day
So btc is a fail as a transaction mover. And eth coin is a fail as a contract mover.
Translation for all this all works because we want it to.
Tulips worked for quite a while back in its day.
I did not vote since I will continue to mine it and may buy some with my btc. Rather then sell it to get btc.
