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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: casperBGD on November 23, 2019, 10:37:19 PM



Title: Similarity in Google, Internet Stocks and Ethereum development
Post by: casperBGD on November 23, 2019, 10:37:19 PM
in a following article, which can be found on medium platform
https://medium.com/@abertolino/google-internet-stocks-and-ethereum-d8acd2b7e55a

one can see a similarity pattern between price rise of Google with an adoption of Gmail by users, FDN (Internet Stock Index) with an increase of a internet users number and Ethereum price with a number of transactions and wallet addresses

Gmail and Internet stocks have been with us longer, so the pattern is very clear, but for ETH as well we can see a pattern that is good enough and ETH price decline since ATH is much more than decline is connected parameters, number of transactions and active wallets, think about it