Ethereum Is About to Boom
Credit to Alexandra Perry @ Wealth Daily
We learned two things about digital currency this week.
First, we were reminded that digital currency is volatile — sometimes painfully so.
We observed this volatility as Ethereum struggled to nose its way above the $90 mark. It fell below $90 after multiple currency exchange attacks.
As Ethereum struggled, its peer Bitcoin skyrocketed. This brings us to the second lesson.
When one digital currency suffers, others surge.
Bitcoin acts as a safety net to digital currency investors. As the grandfather in the cryptocurrency family, Bitcoin seems like a safe buy.
When Ethereum’s price started to wobble, investors went running back to Bitcoin.
This flighty behavior is not a good thing. You lose profits when you lunge between coins.
Which is why we should enter the weekend with these lessons in mind.
Ethereum is about to go up.
Multiple events are taking place in the digital currency world that indicate this. And Ethereum's rise may have an effect on other currencies — including Bitcoin, which is hovering around $1,875 as I type this.
Upcoming Ethereum Events
May 22nd kicks off the Consensus Blockchain Conference. This conference goes for two days and features workshops that educate attendees on the benefits of blockchain technology.
Without argument, Ethereum will be the star of the event. It has become the darling of many companies that are trying to improve their networks.
This is probably why the guest list is so impressive:
ABN AMRO
Ad Meliora
Accenture
Allen & Overy
A.T. Kearney
Berger Singerman LLP
B2C2
BNY Mellon
Bloomberg
Broadridge Financial Solutions
BroadRiver
Capital One
Citigroup
CME Group
Cognizant
Cooley LLP
Covington & Burling LLP
Crowell & Moring LLP
Davis Polk & Wardwell LLP
Deloitte
DTCC
Equifax
EY
Fundserv
Friedman LLP
Goodwin LLP
Guardian Life Insurance
Hitachi Solutions
Hogan Lovells US LLP
Holland & Knight LLP
IBM
Infosys
LG Electronics
Medici Ventures
Microsoft
Nasdaq
New York Life
Penn Mutual Life Insurance
Perkins Coie LLP
PwC
Procter & Gamble
Prudential Retirement
Rakuten
S&P Global
SAP
Scotiabank
Siemens
Shanghai Clearing House
Silvergate Bank
Standard Chartered Bank
State Farm
Sullivan & Cromwell LLP
Swirlds
Swiss Re
Synechron
Thomson Reuters
USAA
Vanguard
Western Union
And more...
With all of these companies coming to see Ethereum, we can expect a surge in interest. Ethereum will finally get some pampering after having a rough week.
And a key conference speaker is Ethereum's biggest fan: the Enterprise Ethereum Alliance (EEA).
Read more here https://www.wealthdaily.com/articles/ethereum-is-about-to-boom/8674
Just FYI, because your a new user, people will downvote if you if you lift an entire article. The best way to post an article is to take a paragraph or two, add a read the rest here, with the link, and then add your own commentary the fill it out.
Thanks for the info. I thought if I gave credit and source link, it would be ok.
Also, how come there is only 1 down vote and the post said because of low rating? I didn't get that part. But thanks again for the info.
Because the guy who down voted you has 2000 steem, which is greater then the total of the up votes. Because your new to the system I will give you a 100% boost. Just edit the article so it's not 100% lifted and add your own commentary so it's fair use. Ok?
Hahaha I don't really know exactly what that means but thanks a lot for taking your time to help me out. Appreciated it .. But if it's going to cost you to boost me, then don't worry about it. I don't want you to lose anything because some ahole down voted me for stupid reason. lol It's no big deal, I learned a lot from your replies already.
I agree man, I bought when it was $13 and sold at $53. Just bought some yesterday at $95 and it's already been up to $105
It's at $114 now. :)
Damn! That's great!
$133 now. lol getting better and better! Wonder if it will hit $200 by Monday
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