Seems like ethereum is starting to stray away from btc tendencies. If so hopefully it'll start taking off and hit even $1000!
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Seems like ethereum is starting to stray away from btc tendencies. If so hopefully it'll start taking off and hit even $1000!
Yeah most cryptos are correlated with each other but ethereum is starting to break away from the pack.
I've noticed litecoin breaking off from the pack too. Maybe it was the news from the bitcoin hardfork that is changing how each crypto correlates
And why you think its worth $1000? It's on marked for 2 years now and what was build on top of it except DAO? What i have seen till now, are millions of dolars thrown into comapnies that have only white papers or alpha version of software in best case scenario. Seriously?
Its a platform for other coins to develop new applications. I admit some of the ICO's are a bit overvalued with the million dollar investments but it doesn't mean it's useless.
Im not saying it's useless. Just saying we are testing what we can do with it. And utill someone provide interesting application built on top of ethereum we can't be sure there is any good use case (except icos). And if ICOs are overvalued it means ETH is also overvalued.