Loading up on ETHER

in #cryptocurrency7 years ago (edited)

Raiden Network is on testnet with over 1,000,000 tranfers per second capacity, it's an off-chain scaling solution like Bitcoin's Lightning network

Block times will be increased incrementally from 23 seconds to 39 seconds which will decrease supply, price of gas will be determined in 7-10 days

The ICO's have taken a hit recently and so has Ethereum but I believe that game is far from over and the best blockchain companies will want to be on the Ethereum platform.

ethusd.jpg
The ETH/USD 6 month chart seems to be showing a cup and handle formation with a massive volume spike in this most recent selloff possibly suggesting the majority of the sellers have left the building. I believe Ethereum will soar through it's old High's in the next 2 months I'm down to holding 1BTC and thinking of adding even more Ethereum, I'm that bullish. I also believe ETH will surpass BTC in market cap and price per coin in the coming years.

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