ETH price has stabilized around $300 as BTC has shown volatility.ETH has responded well from growing pains; and continues to find support in users, technologists, and companies.Upgrades will send ETH
Summary
ETH price has stabilized around $300 as BTC has shown volatility.
ETH has responded well from growing pains; and continues to find support in users, technologists, and companies.
Upgrades will send ETH price up – especially “Casper” which will incentivize owners to stock and stake ETH, leading to a rise from scarcity as its tech finds adoption.
Bitcoin has dominated the news lately in the crypto world. A prospective hard fork – that was then cancelled – sent prices skyrocketing (up to an all-time high of $7800 and back down near $6000). A recent announcement of a futures market through CME might also mean that even more money will be waged on the future of cryptocurrencies.
A lot of that money will be around Bitcoin, the king and leader in the space. I don’t think this will change soon – though Bitcoin has some serious scaling issues to reckon with. Importantly though, Bitcoin is still the main transfer coin to get into “alt” coins – smaller cryptocurrencies (or crypto assets) that might have a promising future return for investors. Popular altcoins include Ripple, Dash, and Litecoin.
Source/More: Buy Ethereum Now, Before Its Tech Takes Off – Winklevoss Bitcoin Trust ETF (Pending:COIN) | Seeking Alpha
