The Ethereum price is consolidating at the moment. After a few more weeks, the price will rise a lot.

There will be no pump in the short term. The Ethereum is under attack.
https://www.reddit.com/r/ethereum/comments/577iv5/cannot_send_any_transaction_tried_myetherwallet/?st=iu83zrkj&sh=a516df9f

You could be right.

Microsoft and Bank of America Merrill Lynch Collaborate to Transform Trade Finance Transacting With Azure Blockchain as a Service

Today at Sibos, an annual conference organized by SWIFT for the financial industry, Microsoft Corp. and Bank of America Merrill Lynch announced a collaboration on blockchain technology to fuel transformation of trade finance transacting.

As part of this collaboration, the two companies will build and test technology, create frameworks, and establish best practices for blockchain-powered exchanges between businesses and their customers and banks. Microsoft Treasury experts will serve as advisors and initial test clients, establishing the first Microsoft Azure-powered blockchain transaction between a major corporate treasury and financial institution.

“By working with Bank of America Merrill Lynch on cloud-based blockchain technology, we aim to increase efficiency and reduce risk in our own treasury operations,” said Amy Hood, executive vice president and chief financial officer at Microsoft. “Businesses across the globe – including Microsoft – are undergoing digital transformation to grow, compete, and be more agile, and we see significant potential for blockchain to drive this transformation.”

Currently, underlying trade finance processes are highly manual, time-consuming and costly. With blockchain, processes can be digitized and automated, transaction settlement times shortened, and business logic applied to related data, creating a host of potential benefits for businesses and financial institutions including: more predictable working capital, reduced counterparty risk, improved operational efficiency, and enhanced audit transparency, among other benefits.

“The potential benefits of blockchain will help drive meaningful supply chain efficiencies to the clients of both Microsoft and the bank. This project is another example of our continued commitment to introduce financial innovations for the betterment of global commerce,” said Ather Williams, head of Global Transaction Services at Bank of America Merrill Lynch. 

“We are excited to be working with Microsoft on this groundbreaking blockchain proof of concept that has the potential to help redefine, digitize, and improve how trade finance instruments are executed today,” said Percy Batliwalla, head of Global Trade and Supply Chain Finance at Bank of America Merrill Lynch. 

Microsoft Azure Blockchain as a Service was first introduced in November 2015. The global scale, hybrid cloud capabilities, extensive compliance certification portfolio, and enterprise-proven security of Azure provide businesses with confidence and choice, especially in highly regulated industries like financial services, health care and government. More than 80 percent of the world’s largest banks are Azure customers. Furthermore, more than 75 percent of the global systemically important financial institutions are using Azure, representing the highest bar for legal, compliance, security and acquisitions teams.

Development and testing of the initial application, built to optimize the standby letter of credit process, is currently in progress. The Microsoft and Bank of America Merrill Lynch teams will demonstrate the technology at Sibos in Geneva, Switzerland. Following the initial development and testing, the teams will work to refine the technology and evaluate applications to include more complex use cases and additional financial instruments.

The Etheruem price has risen about 20% in the last two weeks due to the big community support and the big conference.

I think it is good to buy some bitcoin today. I bought some this time last year, the price has risen more than 200%.

That is right. I shall not buy any ETC in the near future.

 I do not like the fact that somebody with ill intention owns a significant amount of the coins.

I do not believe that there is an Ethereum ASIC out there. The hashing rate rise is mainly caused by the GPU farms.

The ETC is more profitable to mine now as the price has risen 35% in the last day. The price is so volatile.

If the hard fork goes well, the price could go to 0.05. If there is big trouble with the hard fork, the price will be zero.

Yesterday, the network hash rate was 4220GH/s, Two months ago, it was 2469 GH/s. one moth ago, it was 3298 GH/s. That is almost 31% rise per month.

In the next 4 years, the bitcoin price will not be so volatile as in the last 4 years. The market cap will be much larger.

The real destination is not halving this year. I think the halving has already had its effect. It is the block size increase.

That is true. With the high difficulty at present, the revenue is about twice of the electricity. So miners have to sell at least 50%.

The Etherum mining difficulty is still rising fast. It will not be profitable for me in the next two months.

If one bitcoin is just small percentage of your personal wealth, if you lose it, it will not affect you, then buy one.

There were many fruit coins in the past. I mined the limecoin myself. Those are scam coins at least.

How how many folds of the price increase do you think is appropriate? Maybe it was undervalued before.

It seems he is not the person who stole from Cryptsy according to recent reports. Another person was responsible.

If the Ethereum is developed well and has good community support, the price will be higher and does not crash.

In the cryptsy, there is a web link https://www.cryptsy.com/cryptsyrecoverybountyfinal.pdf. this is about the recovery of the stolen coins.