What is the future of Ethereum.
Hey Steemian's
After a busy weekend with the family i thought i would check in with the @Steemit community.
Today i have been looking at Ethereum and from what i can see it doesn't look good, It has been 4 weeks since Ethereum hit its all time high price and since then it has been a downhill struggle, so what is causing Ethereum to devalue?
This has left me with a few questions around the risky of buying Ethereum currently, do we see the ship beginning to steady in the near future after over 40% of it value has been wiped off in the last month and is now the time to buy buy buy???
All comments welcome
Thanks in advance
You need to remember, this is still new technology in terms of mass adoption. So there is going to be crazy volatility. As better iterations of blockchain/hyperledgers, scalablity and speed are introduced, I think we will see more and more specialized applications interacting instead of wiping each other out. Also, block chain has many uses other than a medium of exchange, as long as the market is using Ether for smart contracts or whatever, it will always have a value.
Avoid ETH IMO
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