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Lets talk about Ethereum and its value.

  • MusicMoguls Level X3
    • 8

    Write the reason you're deleting this FAQ

    Lets talk about Ethereum and its value.

    So many alt currencies are popping up and becoming available to trade and invest into. One of the top alt currencies to date in Ethereum and its actually the top performing cryptocurrency of 2016. The current value is about 10.50 and the price fluctuates about 1 dollar on a daily basis. When it comes to trading this currency has a high return. You could really make alot of money or lose alot in a short period of time. Ethereum worth investing into? I would say yes but you have to be careful because it could fall back below $5 a coin. Earlier this year ETH was below $3 and inflated all the way up to $14. Soon i will post more about ETH and maybe Dash coin. Making the rite investment is key to success.


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    #Eth #Ethereum #Crypto #Trading #Value #Profitable #Solidity Technology & Internet
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    procoder

    procoder

    Oh man I'm very excited to check out Ethereum, I didn't had the time to download it, at least not yet, but I took a look on their website and besides of buyin/selling ethereum, you can also built applications based on blockchain technology from their platform. I really like the idea of creating decentralizd apps for two reason, first these apps are open source so it means that anyone can look into their source code, second it doesn't need a server to run or someone to control it, and that's the best part when it comes to P2P technology. As for investing on ethereum I'm not sure if worth it, but we'll see it over the time. And thank you for sharing!
    9 years ago

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    MusicMoguls

    MusicMoguls

    Ethereum is really a good currency but it does have a few downsides to it. The fact that you have to update your wallet once a month or risk losing your coins is a bit much for the average end user. I think if you create apps ETH really sets the bar for this kind of tech. They are unlike any other currency on the market today including Bitcoin. I think we will see ETH rise to 20 to 30 bucks in 2017 and im excited to be aaprt of it all.
    9 years ago

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    Lynne

    Lynne

    Jkeyz2 I was actually going to ask you about Ethereum since I saw it on eToro too and I have been stumbling across it before. Obviously Ethereum is not as valuable as Bitcoin. It seems Bitcoin is by far the leader when it comes to crytocurrency?

    I would love to know more and whether you think this would be a great investment. Do you think it will ever catch up to the value of Bitcoin?
    9 years ago

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    MusicMoguls

    MusicMoguls

    Bitcoin is the king of crypto and i don think it will be knocked off of its thrown anytime soon. Is it possible for ETH to pass BTC? The answer to this question is yes it can! This happening is very unlikely though as Bitcoin has already proven itself to the real world and fiat currencies. ETH has a long way to be widely accepted as Bitcoin but its also a great coin to invest in as far as trading goes. If you wanted to do a long term investment i would stick to Bitcoin as the main one.
    9 years ago

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    Lynne

    Lynne

    Thank for confirming what I already thought. I mean Bing could surpass Google one day, but once again its not likely is it?
    9 years ago

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    Corzhens

    Corzhens

    I think Bitcoin is the first crypto currency and it now has a very high value while Ethereum is just starting. But I still wonder how those crypto currencies will fare in the future because how can we trust a pseudo currency that we do not know where it is coming from. The US dollar is legal tender which means it is issued by the government and its value is backed up by the government. Who or what is backing up the value of Ethereum?
    7 years ago

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    Cristian

    Cristian

    Oh, this is what I'm talking about! Get them while they're still young! I had no luck with bitcoin and I didn't recognize its potential back in the day, I feel like I've missed that train so anything fresh from the crypto currency world is highly interesting to me!

    I remember a lot of experts claiming that bitcoin isn't really "the one" and something else will come along to take over and be a real worldwide digital currency so maybe Ethereum will be it, although it has a funny name and lots of coins born and die in short periods of times.
    9 years ago

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    MusicMoguls

    MusicMoguls

    Cristian i think ETH is here to stay and the reason i say that is because they have a large following and group of investors backing them. Ethereum is still the largest and only crypto currency to be crowd funded in the way that it was. Is it the next Bitcoin? I don't think so although it does serve its own purpose in the crypto world. if you wanted to get into a cheaper coin i would say that Litecoin or LTC would be your best investment. Currently under $4 a coin you will be able to buy more for your money and the increase can be very small but your profit gains very big. Something to think about i trade many different currencies and i see short term value and long term value in any given coin.
    9 years ago

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