Four Main Factors That Explain 3,000 Percent Rally of Ethereum in 2017
Many factors have led to this record rally, which fit pretty well in the quadriptych of the EEA, ICOs, South Korea and Russia.
Julio Faura, chairman of the EEA, says:“The enthusiasm around EEA is remarkable. Our new members come from varying industries such as pharma, mobile, banking, automotive, management consulting, and hardware as well as the startup community driving innovation. It’s great to see everyone come together and build the next generation of our economy on Ethereum blockchain solutions.”https://cointelegraph.com/news/four-main-factors-that-explain-3000-percent-rally-of-ethereum-in-2017
Some are predicting Eth to overtake bitcoin by the end of 2018. Some say even by the end of this year.
The problem is it is suggested that bitcoin might be over valued by about %238 to %300 right now for those who try to place a market value on it
bitcoin will always be the first
If eth does everything bitcoin does but bettet its only a matter of time before eth takes over.
Look at bitcoin as the floppy disk and eth might be the cd as an example.
look at the bitcoin price 2975$
Yup looking at the history graphs of bitcoin it has always done the same thing. And I would assume it will do the same thing again.
In my opinion of course only, bitcoin might go as high as 5k yet this year (some predict upwards of even 10k) but than will resettle downwards again like it always has to around 700 this time. And than again repeating itself with a higher value than the last peak and settling once again at a higher value than the 700ish I would guess it will do this time.... and the cycle continues ... the history graphs show this trend.
This of course is contingent on that another coin doesn't take over, which I believe Eth has a very good possibility of doing so. The difference with Eth however is there is no market cap, more coins can always be pumped with no supply limit.
ETH had an amazing run... can go up to $1000 fast but who knows these days :-)
I think this year's 500
I was wondering what was going on..thanks for the post
Thanks for the post. wish I could factor in some bitcoin or ethereum in my wallet. haha. cheers.
everyone wants
Great post. I read this yesterday. I think at least $500 by the end of this year. Hell, it may even usurp BTC in the couple years.
what will ETH price be in 2018?
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