UPDATE: Fundamentals Analysis - Bitcoin & Ethereum (Q3 2020)

in Threespeak5 years ago

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The prices of Bitcoin and Ethereum have performed extremely well over the past week or so.

In this video, we'll be addressing one simple question - do the underlying fundamentals support such price increases?

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This shows how fees are a huuuge problem. For BTC it is manageable, the vision for it is to be a store of value with some transactions, but for Eth, scaling is needed yesterday.

We already have the technology today (to some degree) with rollups - we just need to start using them! But I agree fees are extremely important especially with a coin like ETH that is "used" fairly frequently as opposed to BTC which is mainly "HODLed"

I honestly don't understand rollups and haven't found someone that does. That's why I was - and still am - skeptical on eth scaling. Would love to learn though, just didn't manage to find anything serious on the matter.

Is the market front running the coming stimulus checks?

Great jobs 👌


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