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.