I really wish someone who can stop it, i convert all my eth to altcoins and suffer a big loss if eth price keep on rocketing
Sorry for your lost mate, but no one can really stop Ethereum going to the right now. I also lost as well when I convert some just a few weeks ago.
I believe Ethereum is a undervalued coin. Right now, it has been increasing for some time. We may see a big increase in its price in 2018.
I believed so. Being the second top coins it should be valued as closed to $2K by now. But it seems to be having a hard time even breaking 4 digits. But it has a big probability to get it there if this upward trend will keep on. We have never seen Ethereum being push like this and it seems it still has more leg room to reach $1k.
the rise in eth is caused by the rise of BTC because already many investors are investing in bitcoin and now get to Etherium that will get to the price of 1500 $ in 2018 later so we wait for the increase of etherium
I didnt think ETH could actually grow. Well it is the second most valuable cryptocurrency though im doubting it will rise that far a bitcoin does. Just my opinion though.
There are a lot of reasons that Ethereum is growing today. One main driver of it is the UBS announcement of Ethereum based initiative.
Ethereum, the number two digital currency by market capitalization, topped $600 today to set a new all time high. According to CNBC, the surge comes as UBS announced they will head an Ethereum-based Blockchain initiative along with Barclay’s, Credit Suisse, KBC, Swiss stock exchange SIX and Thomson Reuters. The initiative is designed to help these companies comply with new European Union trade data standards that go into effect in 2018.
https://cointelegraph.com/news/ethereum-surges-past-600-on-ubs-announcement-of-ethereum-based-initiativeThis is really a big news for Ethereum. This should have happened years back because this coin has more features to offer as compare to bitcoin. But it looks like a lot of companies now has seen what smart contracts and Dapps can really do if they implemented it. So I'm betting that not only bitcoin but altcoins markets will bloom and expand in 2018.