Petechween is threatened now
The ethereum is the second most powerful digital currency in a list of thousands of digital currencies spread around the world. While the majority is focused on PeteCwin, many eyes are on this currency and other emerging names can have a big deal in the future.
What we know well is that KFH can not continue to lead this sector and can lose in favor of other digital currencies better than them. This at a time can be sad for its fans but it is a logical thing in the world of currencies, equities and investment, no one stays in the lead always.
While the value of Petcown has fallen from the new record $ 3000 earlier this week to $ 2391 in today's session, the ethereum is also affected negatively and lost the last 24 hours about 15.28% of its value to be fixed at this time at $ 332.09.
Theoretically, the value of ethereum is still far from the value of a homeowner, is not it? But if we look at the market value, the runner-up is close to the top.
The collapse of the market share of KFH is continuing
The market capitalization of the PeteChoen is now set at $ 39.2 billion, while the value of ethereum has reached $ 30.7 billion.
Surprisingly, the chart above shows that since the beginning of May, the share of digital currency in the digital sector has declined from 87 percent of the total market value of digital currencies to only 38 percent.
In contrast to the collapse of the share of Betcueen we note that the share of the ethrium coin was not more than 7 percent the beginning of May, and now it has reached 31 percent of the total market value of the digital currency.
This means, without a doubt, that Betcuwen no longer holds the lion's share by far from the rest of the currencies, but that the share of ethereum ethereum transactions digitally increasing in a nutshell without revealing the price of this fact clearly.
The total market value of digital currencies reached 99.8 billion dollars, of which 39.2 billion dollars was Petequin and 30.7 billion dollars were ethereum, which means they are the two most powerful currencies at this time.
Ethheum is the strongest competitor of Betcuene
There is no doubt that ethereum is the strongest currency competing for the Petequin empire and is expected to achieve more value.
We expected that during this month the value of the currency will increase from $ 218.31 on June 1 to $ 323.73 at the moment.
It is said to reach $ 600 by the end of this year, possibly as high as $ 1,000 in case of high turnout, as is the case with PeteCwin.
Of course, the same risks apply to Petequin, including the suspicion that it is an explosive bubble at any time!
I am still mining Eth! I don't care about the momentary drop in price. The co-creator's selfie was funny, "I am still alive guys, here is the last block sloved"
@spykemajeska What is mining compared to just purchasing the currency? Do these high powered computers allow you to actually physically mine the code and receive say a "bitcoin" without actually purchasing it? I'm trying to understand all this....
Well for me it is more of a hobby that pays for itself. Mining also can be very lucrative especially if you find the sweet spot for profitability or find a coin in large quantity that takes off in a year or so. I have been scoffed at and told that I am spending more money in electricity that it is mining... Let me assure you this is not the case. I have mined enough to pay for all my graphics cards, a few new mother boards and even had an emergency where i needed to send an immediate payment for a bill that was taken care of. Mining is fun to me, I don't look at it as a means to get rich quick, but more as something to do that is productive and supporting a community of coins and developers. I also enjoy some of the odd ball coins such as sia and lbry who aren't just a currency but a program designed to make a service much more affordable and secure.
Yes these computer would allow you to find all the coins, some are a little harder to get into than others, such as bitcoin is near impossible to start mining now without a gigantic investment. I would tell you to read up on different GPUs (graphics cards) used in mining and then visit a site like nicehash for information, exchange rates and tutorials if you wanted to start dabbling in this "fad" (yet another jealous insult i have heard)
Mining is better than buying currency
Hahaha did you win a lot of mining