Hypnosis00
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December 23, 2020, 02:43:00 PM |
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This a interesting comparison,,but for 4 years?i was not surprised at all,,The even of users will continue to grow as bitcoin is accepted as the official virtual currency.I see in the future that companies and investors will use bitcoin and will continue to increase the value of price
If people are only using Bitcoin, it might happen that Ethereum will lose their market value. I supposed to think that Bitcoin will grow more together with Ethereum but if that only will happen in the future, I'm not sure if people will still hold their ETH but they will convert it into Bitcoin which they think this gonna make them money. What I can say is that Ethereum is still in the market demand. It can't be that high in the future just like saying $1k but I believe that it is still be the king among altcoins.
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Untomabur
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December 23, 2020, 02:45:41 PM |
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This a interesting comparison,,but for 4 years?i was not surprised at all,,The even of users will continue to grow as bitcoin is accepted as the official virtual currency.I see in the future that companies and investors will use bitcoin and will continue to increase the value of price
If we look at the development of cryptocurrency, especially bitcoin, it can be said that the development is quite good because seen from year to year there are always positive developments, maybe in the next 10 years bitcoin can be accepted by all countries and if that happens it will certainly be good news for the world of cryptocurrency
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casperBGD (OP)
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December 23, 2020, 07:36:42 PM |
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This a interesting comparison,,but for 4 years?i was not surprised at all,,The even of users will continue to grow as bitcoin is accepted as the official virtual currency.I see in the future that companies and investors will use bitcoin and will continue to increase the value of price
yeah, it is actually 3 years, but who counts anyway, it is good that there is a progress, and people will use ETH more and more with that said, we just overturned 2 million ETH staked on ETH2 Contract address, and there is a linear line going up, with almost 75k staked daily, so we can expect 3 million in 12-13 days, if that continues, you can check it on this link https://etherscan.io/address/0x00000000219ab540356cbb839cbe05303d7705fawhat do you actually mean with official currency for Bitcoin, it is not a subject, but it is interesting to see what is your meaning for this?
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terrific
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December 23, 2020, 08:02:32 PM |
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I'm not good with this comparison. But if the price during 2017 was low, it's across over several projects and not all money is staying in Ethereum. But didn't it reached $1400? In 2020, it still trying to break $700 and it's hard to see it break. But this time, there's now a fixed supply for Ethereum which will make it break the past all time high.
yeah, it reached $1400 in January 2018, but this is comparison with moment when the price was $500, as in December 2020 It's hard to assume that by January 2021, Eth will break $1k+ or even reach $1.4k. That's not the most possible price that it will get by next month or at least by next week. I'm impressed what ETH is showing. The price goes $590 and then breaks it again, coming with bitcoin to recover.
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articlecity
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December 23, 2020, 08:11:30 PM |
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here is an interesting overview by twitter user @sassal0x, published on Nexo dispatch, regarding numbers in Ethereum network in 2017 and 2020, while in both cases ETH price was $500, snapshots are taken on November 29, 2017 and December 16, 2020 one can see from the list that: - number of active addresses and transactions almost doubled in between - total number of addresses is 10x up, 24-hour fees changed more than 10x - development progress soared with over 2000 active developers and over 4 million downloads from Truffle - DeFi assets changed perspective from millions to billions, stable-coins on ETH changed from non-existence to billions and ETH2 is introduced with more than 1 billion USD locked-in after all, price is the same, something is wrong, $500 was too much in 2017, or it is too little in 2020, it is up to anyone to judge for himself, do not take this as financial advice These stats definitely signal that eth is massively undervalued and in my opinion 2k is fair value for eth and next peak price for the bull season or new all time high can be from 7k to 8k. Im eagerly waiting eth bulls to take full charge.
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goaldigger
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December 23, 2020, 10:29:58 PM |
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Eth2.0 has a lot of big effects on Ether. At present the supply and demand of ether has increased at a great rate. Ether is the 2nd favorite coin in the crypto world. Ether is currently 600+$. At any time it can be 1200-1500$. Because it's supposed to be there now.
What more if that update was totally done, we might see a great price of ETH and go beyond its ATH when altcoin season comes. Well, right now there’s a big red trend in the market and we might not see ETH on its new all time high this year but since the updates is not done yet, we have a better chance to reach the peak next year.
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imstillthebest
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December 23, 2020, 11:06:46 PM |
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900 percent change in unique addreses but theres almost no difference in active address . how come ? are this something to do with the price rise of eth and also in the fees i guess because people start to become passive now with their eth .
another that got my attention is the locked in defi , on 2017 there is 50. 50 what ? dollars ? but are there already defi on that year and theres also zero data on stable coin to etherium but are there no stable coin that time ? hmmm
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yohananaomi
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Vave.com - Crypto Casino
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December 23, 2020, 11:22:20 PM |
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Eth2.0 has a lot of big effects on Ether. At present the supply and demand of ether has increased at a great rate. Ether is the 2nd favorite coin in the crypto world. Ether is currently 600+$. At any time it can be 1200-1500$. Because it's supposed to be there now.
Even though ethereum 2.0 already exists, it does not guarantee that changes will occur as soon as that, the issue of gas fee alone ethereum has not yet been resolved and has started to look for a lot of alternatives. ethereum will not be able to reach above $ 1K this year and it will be a tremendous move. so don't get your hopes up to hit $ 800 is a joy in itself. but not downplaying the role of ethereum, that ethereum will begin to increase along with a significant bitcoin movement next year, it is likely that a new ATH will emerge for altcoin. we wait for that opportunity by also having a handle in our wallets.
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casperBGD (OP)
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December 24, 2020, 07:33:46 AM |
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~snip
Obviously the price is too low for eth considering the overall growth in its overall ecosystem, business and adoption in last few years, at the same time i do often read big claims of growth coming from enthusiasts, in last few days i have seen 10k as eth target multiple times in some eth facebook groups and pages but i think 4 to 5k will also be a big milestone and realistic target for eth.
why do you think that 4k is more realistic than 10k? have you done some analysis that prove that 10k is not realistic, but 4k could be reached, I do think that is great enough, but could not say that see it viable, it is almost 10x rise Eth2.0 has a lot of big effects on Ether. At present the supply and demand of ether has increased at a great rate. Ether is the 2nd favorite coin in the crypto world. Ether is currently 600+$. At any time it can be 1200-1500$. Because it's supposed to be there now.
when do you think this anytime will come? ~snip another that got my attention is the locked in defi , on 2017 there is 50. 50 what ? dollars ? but are there already defi on that year and theres also zero data on stable coin to etherium but are there no stable coin that time ? hmmm
where did you saw this one? it is $10 million in 2017 for DeFi, and for ETH2.0 locked is $0, which looks like 50 if you look carelessly
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casperBGD (OP)
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January 22, 2021, 09:20:02 AM |
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bump https://jjmstark.medium.com/the-year-in-ethereum-2020-98123e5f160dhere is a good article regarding Ethereum development throughout 2020, and four main takeaways are: - Ethereum surpassed Bitcoin in important blockchain value metrics, with more users paying to use Ethereum than Bitcoin, for the first time in history, and even Uniswap fees overcome Bitcoin transaction fees on few days, most notably August 10, 2020 - NFT, Cryptoartist are getting big in 2020, and more development should be expected, with $23 million market in 2020 already established - Ethereum is going to catch more than just finance markets - DeFi, with two main takeaways - Uniswap turnover above $58 billion and $15+ billion locked in DeFi, used by more than 1 million active addresses - Ethereum 2.0 launch in December great read regarding a best year in the community so far
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