So mainly the big cryptos will be swallowed up now by financial institutions and corporate entities who will start hoarding these as a store of wealth.ETH is one of the best alternative so it is called altcoin. 1 700 USd they can earn 1 eth.This is a natural thing, maybe earlier this year ETH will exceed this.In my opinion main reason is almost all ICO coins are tradable against ethereum that could be the one reason.
Yes it was been expected by more people cause we all know how long does ethereum ate taling this kind of situation and until now the position were ethereum is are taking gor igs advantage to more trustworthy coin for after bitcoin.Bitcoin along with other altcoins are looking forward to their best times.In anticipation of such events it is not surprising that the price increases.There is a lot of big money and investment capital flowing into the cryptocurrency space and as derivatives, cmes and futures will be coming to play in a big way, these areas of fiscal activity need large liquidity cand capitalization.
Altcoin and Bitcoin Trading Chat and Archive - 2017 Jan 19
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Does digital currency pose a threat to the banking system?. Does digital currency pose a threat to the. Designs is your one stop shop for all your.https://fr.opskins.com/?loc=shop_browse&app=578080_2. Comparez les sites d'achat et vente de bitcoins, litecoins, ethereums et autres crypto-monnaies:.Actually that increase in the price of Ethereum was already expected by many people who are already into it.There two main factor for this reason firstly the new comer invest on cryptocurruncies instead of btc of their choice they choosing much less than the value of original price that btc have, so they invest on eth instead second is that more alt coin being generated by the market so the only thing that could affect this is the only one behind btc nevertheless that was eth.And other giant coin coins like waves will soon follow, a very good thing in the world of crypto.Bitcoin is a digital currency, meaning it's money controlled and stored entirely by computers spread across the internet, and this money is finding its way to more.
One main driver of it is the UBS announcement of Ethereum based initiative.
What are you holding, and why? - bitcointalk.org
Every investors of ethereum will earn a huge profit like the early investors of bitcoin.Bitcoin is still the powerhouse in the crypto world and etherium is the underdog.
Quote from: CryptoJoHuN on December 13, 2017, 04:29:16 AM ETH is a very useful coin.I think that part of the large BTC investors, fearing that this asset is heavily overbought, decided to diversify their investment portfolios buying Ethereum.
Yes, it is also enjoying its best year so far despite having the cryptokitties issues.
Trust – The ConversationAll markets are goin crazy and people are trying to take advantage of this situation while it is on.BLOCKCHAIN FOR FINANCIAL INDUSTRY ICO PERIOD: 15 Jan. - 15 Feb., 2018 whitepaper.
Can anyone give me a little input what causes the price to go up drastically.It seems to me that it is difficult to determine the real reasons for the growth of ETH, as well as bitcoin.Still this is a good spike and growth we could observe after a long period.It is all because of ICO being dependent on Ethereum blockchain and while the ICO is being Launch on the market more people are recognizing this Ethereum blockchain and it increase the public awareness about eth and its legitimacy.If the story with etereum is repeated, then correction of the price for a decrease can not be expected.In addition, the growth of ETH affects the increasing number of ICO projects based on Ethereum platform.The fact is that the prices practically can double already in the near future.It makes sense to buy it now since it is a better investment projected to gain profit at the yearend.
I think this is the very good chance to invest in the ETH because this price are getting increasing day by day.Anyways, the increasing price of eth is just normal, it is now gaining its spotlight because of other coins that fueling up its price.