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RE: Ethereum's Growth Bottleneck: Can Rising Prices Support Usability Cost, or will @dan's new EOS Project Prove A Heavy Contender...?

in #ethereum7 years ago

excellent thorough insight.

crazy to think the guys at Coindesk allowed that article to be published!

and great to see you had duplicated this comment there - I was about to do the same.

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True I posted the source as well.
It seems ETH price is beeing under supresion some how?

I don't know enough to comment on that.

Though if I were to take a guess, I'd say it's simply market forces at work - no asset value rises indefinitely that fast. ETH has had a HUGE price increase over the last month - it's almost surprising it hasn't had a deeper retracement - though perhaps the corrective wave is just flatter. Inevitably, with all the developments taking place in the Ethereumsphere, price shall continue for another upward wave sooner or later...

Sounds good cheers to that

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