Why ethereum is uping?

[krypt0n1]

If you look at the Ethereum charts on the 4 hour or daily view you can see that's it's been forming a tightening equilibrium pattern over the past several months. It has been increasing recently because it is still following this tightening pattern and traders are following this. It's not because of news in this case.

I believe it will continue to tighten in the bull pennant formation until it finally breaks bullish or bearish. Given it's overall support and underlying tech/potential, I favor it breaking bullish, but no one can predict the future so I guess we will find out relatively soon.

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[sandaru]

I think that ethereum has a very good future ahead and it is used to invest for  many ICO campaigns. So, its value will be up in near future.

[troiano9]

Is Ethereum uping or BTC just dropping.....

[hynext]

Ethereum is one of the best cryptocurrencies made. I believe this coin is going up until the end of this year. Positive on me that ethereum has raised the value on 2018.  

[Bitgenius777]

Ethereum Platform is far more promising. Could also be a store of value.

[rube08]

It has reached 450 before it dropped to averaging around 300 dollars. My guess is that between the two bitcoin forks that passed/suspended, now it has creed up investors money and a good safe bet for investors is Ethereum. This coin has a lot of backing and many ICOs use ethereum network as the backbone when they create their own ec20 token.

[sensimilia]

I don't think we will see a 1000.
It has too much coins in circulation and an infinite supply unlike bitcoin.

[rooster2000bka]

The increase is only considered a slight increase, the current ETH has more advantages over BTC;
  + Fast transaction confirmation time
  + Transaction costs are lower than BTC
  + No Pending like BTC

[BitcoinLoan]

Yes it is this time when Ethereum growing and can achieve 1000 dollars in 2018. I believe in it and everything points to it

[ArrogantPeacock]

there are many awesome expected updates in the pipeline. We will see many enhancements in the protocol that will improve the overal efficiency of the network and the way it functions and works. The best thing  you can do rihgt now is stack many ETHER, because at some point the Ethereum network and according to its founder, Vitalik, will move to the PoS kind of validation, which means that mining won't be necessary anymore and you'll be able to confirm transactions just by commiting some of your Ether, which is awesome! When the privacy features will be included as well, there will be a lot of interest and money moved from privacy coins to ETH, because ETH can do so much more stuff than these other coins.

[Bitcocoin]

A better time for ethereum now
What exactly are you wondering about ethereum
I don't know but a good investment tool

[NaissuR]

ethereum is uping because its the way the market works, and there is always a demand for more ethereum
stop thinking that bitcoin fork is the most important thing :x

[Similificator]

Hi all, I am new in the forum, I am from argentina, and sorry for my english, is not very good


I want to ask you about ethereum, do you know some information that why is ethereum uping? After segwit2x cancelation, ethereum grow up from  $300 to $315, nowaday, it price is $329 acording coinmarketcap.


do you thing, this prediction is happening?

https://www.profitconfidential.com/cryptocurrency/ethereum/ethereum-price-prediction-2018-1000-dollar-ethereum-price-target/

Because it is not downing. Lol.

But seriously though, ethereum coins and other tokens or coins associated with ethereum are increasing in price simply because the segwit2x got cancelled. That is why all the people that invested on bitcoins just because they wanted free money, dumped their possessions because they believe the crap spreaded out by bitcoin cash followers. Altcoins will surely rise even more when this bitcoin cash hype stops and people start dumping it.

[chidrawarster]

I told many times that ETH is the next coin which can reach heights in no time but the growth is exponential. I can sense that in after 12 months from now whoever have bought ETH would be in good profits. Good coins need good time to give green profits. ETH is a good technology as well and the users are increasing day by day considering the volume and market cap. Never the less, i m buying ETH at my own risk. All the best for all those who have bought ETH.

[Ilegendph]

I want to ask you about ethereum, do you know some information that why is ethereum uping? After segwit2x cancelation, ethereum grow up from  $300 to $315, nowaday, it price is $329 acording coinmarketcap.

I think its because many people believes that ethereum would be the next bitcoin in terms of price.  We all know that the functionality of ethereum is unique to that of bitcoin and may become more in demand in the near future.

That is not going to happen as Ethereum doesn't have a fixed supply.
The price gets regulated by the adding more units in circulation.
However I think this process happens slower than the growth in demand, so the price climbs but not as big as for example Bitcoin.

I think the rate of supply in ethereum would be less than that of its demand, I believe in the end it would be profitable to whom invests to it.

[mikeorozco]

Thanks all, for your answers.

I´ll invest some dollars in ETH and wait.....

Regards!

[InsightCryp.to_support]

Lots of companies are using ETH as payment option these days and this increases it's popularity as well. Some companies are even introducing ethereum blockchain for that matter and people are trusting those sites. ETH value should increase significantly in the coming years.