Why Ethereum Is Not a Bubble

[triads]

I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.

Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.

The question is not if BITCOIN is in a bubble. Etherium is it's own animal.  Here's proof:

Pull up two charts: a 6 month chart of ETH and a 6 month of BTC.  At gross level, both are on an up-trend. But beyond that, the similarity ends. The massive rise (and more recently... fall) of BTC price has not been matched by price changes in ETH. Indeed, the biggest change in Ether was the abrupt doubling around Dec 11.

[tech55]

I would agree that ETH is not a bubble.  Solid coin with a lot of success and a lot more potential in 2018.

[triads]

Well, now that ETH has gone up by 2X in just the last month, it's starting to look more frothy. Still has room to run, IMO... but the risks of a correction are growing.

[krankNL]

I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.

Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.

The question is not if BITCOIN is in a bubble. Etherium is it's own animal.  Here's proof:

Pull up two charts: a 6 month chart of ETH and a 6 month of BTC.  At gross level, both are on an up-trend. But beyond that, the similarity ends. The massive rise (and more recently... fall) of BTC price has not been matched by price changes in ETH. Indeed, the biggest change in Ether was the abrupt doubling around Dec 11.

I want to ask you, why should it be a bubble? I mean bitcoin first and then ether. They're not bubbles, if you're looking for bubble on world economy, go and see paper money issued by american governments. They can issue however they want without backing it.

[legendbtc]

Ethereum is becoming more popular and popular in terms technology and the volumes it is generating gives more confidence to the investors and also they are improving the technology on the basis of smart contract.

[pinoyden]

Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is  I want to ask you, why should it be a bubble? I mean bitcoin first and then ether. They're not bubbles, if you're looking for bubble on world economy, go and see paper money issued by american governments. They can issue however they want without backing it.

Bitcoin has skyrocketed in the past couple of months and I don't think is  I want to ask you, why should it be a bubble?

op is talking about etherium here and not bitcoin although bitcoin is also accused many times for being a bubble but both etherium and bitcoin arent actually a bubble or a tulip because we can still see and feel them as of now. yet we wont know if how long they can exist or maybe they can go a long run and will become permanent due to the fact that cryptos are verry useful and can add innovation to a country or economy

if you're looking for bubble on world economy, go and see paper money issued by american governments.

paper money arent buuble either because they are already existed and known to be usefull in a real world environment.

[btcmayumana]

It still have possibility. Since Ethereum are first coins who support smart contract and rumors it's been controlled by group, so it can be manipulated, when many of project ico's are failed because of scam or unreliable. This could condition could be happen Ethereum can fall dip and burst.

[yslyv]

Nobody can comment about its price. A bubble or not who knows? But ethereum technology is being used by so many icos now. It is something important and there is no strong alternative to ethereum at the moment.

[maxel83]

Thank you! Great Medium article!

[Sirait]

^ from the rumors I heard Vitalik Buterin has almost 50% Ethereum, so only he can set the price of Ethereum. unlike Bitcoin, a group that controls almost 40% of Bitcoin from rumors I heard, so when this group sells its Bitcoin Bitcoin will go down, and otherwise when this group buys Bitcoin then Bitcoin prices will rise.