|
June 19, 2018, 11:47:25 PM |
|
One year ago was 0.148. So We a far away from the BTC all-time high. And the supposed flipping is really far away. Probably because today Ethereum is the project to be attacked. We have tons of big projects trying to build something scaleable where people could build smart contracts and dApps.
We have today EOS, ADA, Zilinqa, Tezos, Qtum and many more that are trying to take the place from ethereum and are not competing directly with what Bitcoin is good (a decentralized store of value and currency)
Besides that, Ethereum has many challenges. They need to be more scalable, they need do become PoS this year. They can not wait. And there are a lot of projects and people that have used their smart contracts for accumulating ETH and are probably dumping on the market because they need fiat to sustain their business.
|