Ethereum seems to have dropped in price recently, despite everyone projecting it to skyrocket around this time. I dont have much Ethereum, but with it going down in price, I feel like now might be a good time. Since the start of 2017, the value of the ethereum blockchain's native token has far exceeded its price at any time in the network's short history. But things seem to be shaking up at the moment. Its also a great time to be Australian, as (According to ethnews) "The Government of Australia has announced it is taking steps to become a global financial services leader by loosening a number of policy standards. One includes removing the double tax that currently implemented on digital currencies."
Im completely a noob at this, but I'd certainly love to hear your opinion on this. What are your projections about Ethereum in the short term?
Ethereum price drops whenever Bitcoin takes a dump. Currently, it looks like Bitcoin is on a bear trend and on Aug.1 there's fork coming up. Wait around that time if you are looking to invest just to be safe.
cheers for that
I agree, Ethereum will be bigger than BTC because of the Open Source software behind, this is the best time to buy it! :)
thanks :)
Pleasure mate!
We must stay focused and remind ourselves of the long term goal. Ethereum is here to stay. Things in the future will cost more than they do today as humanity creates more value for each other. The possibilities are endless and billions of people still are unaware until they realize how much easier it will make their lives. Smart contracts and the internet of things will be the future.
Solid article. Interesting to see I'm not the only one that is thinking about this. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. I was researching a way to do better investment analysis on the current cryptos. An interesting website I found: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Go to: https://www.coincheckup.com/coins/Ethereum#analysis To see the: Ethereum Detailed analysis