Ethereum goes over $350 - Has it broken out of it's past slump? Why?
BTC is going up again; but I was surprised to see ETH doing the same thing...
$366.33
Reading about Russian involvement with ETH, I saw this quote in a recent article today:
Alexander Dunaev, COO at emerging markets fintech company ID Finance, said that the Russian government is recognizing the change in financial services caused by technological disruption. ‘The last time the world saw such an unprecedented change was in the second half of the 20th century with the adoption of personal computers - which Russia missed due to geopolitical isolation. There is a lot of will to avoid this pitfall in the future.’
‘Blockchain may have the same effect on businesses that the emergence on the internet once had - it would change business models, and eliminate intermediaries such as escrow agents and clerks. If Russia implements it first, it will gain similar advantages to those the Western countries did at the start of the internet age,’ Martynov said.
When bitcoin will reach $10,000
Ethereum will reach $1,000
And Steem $10.
😎
I assume you are correct. I was talking to a friend, showing steemit, and current price, and I was showing BCH, ETH, BTC, and LTC, comparing them all to STEEM.
If BCH can be $600, why can't STEEM? <!>
Yup, that sounds logic!
Well now that the mining difficulty comes. Everything is going to change
Please elaborate?
Ethereum Update. Metropolis, privacy. And smart contracts. This will change the prices before and after
Thanks for the heads up on this. I had not seen this announcement; it was fairly recent, 10 days ago.
ok. sir
When I decided to buy into eth some told me I was making a mistake, now they are buying in, while pretty much each day I am have been making money off eth, yeah it dropped some for a moment but then I was able to capitalize on it and am up and my initial investment I already have back safely in my back account, so I am playing with free money with that coin and am very very pleased.
ETH been berry berry good to me!
I believe that Russia will probably the first to introduce the blockchain and crypto into the world of the average person. We have already seen it in burger kings and other stores there as well as Russia have been leading a mass operation on mining bitcoin.
We have already seen Vitalik meet Putin showing their huge interest in blockchain technology and ETH will definitely have a bright future if Russia uses it for smart contracts as well as companies like Microsoft and Visa trying to pick up Ethereum Developers.
It seems like Russia will be financially prosperous in the coming years while the rest of the world tries to hold on to the failing fiat system. Russia will probably gain the status of being IT and technological leaders sooner or later.
That is why I've started to accumulate Waves as well. I don't know if we will see the same growth as ETH but I think there is still potential to grow @surfyogi
One thing I contemplate is there could be something of a new arms race here.
Can the US fail to respond to Russia embracing blockchain tech openly?
I think it could be because of the recent news regarding "metropolis" on the Ethereum network.
It was mentioned in one of @crypt0's videos (yesterday I believe) that the first part of that network update is due to be activated.
I guess it's kind of a SegWit-like move on the Ethereum network.
I see that this technology is still going to become a government, because everything a government needs, transparency, has as vote for its type of representatives, Example: steemit with witnesses. Putin interested in creating a currency and invited Vitalik, and Vitalik will make an of ethereum fork that will be called metropoly.
Well, Ethereum was always a major cryptocurrency which have some real applications in the 'Real' world. Not many crypto currencies are usable at this point into the real world. Either they are in development stage or just planning for their development. Ethereum has risen to a great length in the past and broke all the records of fastest growth.
For past 1-2 months it was down indeed, but it doesn't mean that it'll stay there. It has to rise. Many applications or even many cryptocurrency still use ethereum platform for their work. So, I am pretty sure it will rise.
Now, about it's fall, the reason being Bitcoin hardfork and segwit 2X implementation. Because of that segwit hype, majorty of people converted their money into BTC and left the market just to enter again after Bitcoin fork as well as the greed of Bitcoin cash. All the market was down at that time, alongwith Ethereum. And just after that Neo got a new announcement and all the focus shifted to NEO.
I am sure if a single news goes viral about ethreum right now, it'll rise exponentially and break it's all previous record. Crypto market is just news based. Most poeple invest illogically that's why good currencies are still at a low price like Factom, Maidsafe and Golem.
But people still ahve trust in Ethereum and it'll surely gain momentum shortly. In fact, it has risen greatly in past few days. Let's see what it has in its pocket for all of us . :)
Very likely you are correct in many of these views.
Thank you :)
Lots of good news behind ETH recently. Russia definitely adding to the pile.
On an article on Steemit in past month, i commented that etherium will rise, when Putin met its founder. But some of my did not agree with my argument. However i still believe that etherium is a more feature rich and advanced currency than bitcoin and thus it finds vast acceptance. And it is a universal truth that a thing with that much acceptance is nearly impossible to stop.
"Russia did it" - the left
Really?
That's all you got?