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Tipstar
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April 11, 2018, 01:30:47 AM |
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And the number of ethereum transaction is increasing rapidly with every new tokens added to it's platform and the overall adoption of Ethereum and based tokens. The only thing holding it's price is the scalability issue. If ethereum overcame this, they'll soon be the number one currency for marketcap and use.
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leonair
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April 11, 2018, 01:35:38 AM |
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More network transaction doesn't mean of a big price value of a coin though because at the end of the day the the law of supply and demand will be the main thing, maybe the reason for its price decreasing is more people are selling it in a lower price instead of buying it at a much higher price.
Most of the coins right now are undervalued if you will compare it at their respective all time highs so Ethereum is not the only coin that's experiencing this kind of situation. You got a nice graph though but it's much better to make a comparison to different kinds of Cryptocurrency coins, just my thought.
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smyslov
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April 11, 2018, 01:40:28 AM |
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The bear trend is what caused Ethereum price to drop but Ethereum is still a good coin to hold it's technology features is one of the things that can rival Bitcoin anonymous features, I don't see ethereum right now dropping at $200 level it is indeed undervalued even majority of ico prefer ethereum.
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universal3ee
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April 11, 2018, 01:47:27 AM |
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Ethereum is definitely undervalue as last few months was on a bear trend and the value of ethereum drops to a low. Even if it goes back the value of last year peak i still think the value is still under, if we use bitcoin as a comparison ethereum have a big room to growth if it is more widely use like bitcoin and ethereum technology wins bitcoin by quite an amount just take the transaction it can do.
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Nalbo
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April 11, 2018, 02:01:15 AM |
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It's not just for the bear trend. The bear trend is moving the whole crypto market. But even on normal times Ethereum is way undervalued that it is worth of. Many popular tokens uses ethereum as a gas for transaction, EOS, TRON, Vechain, BNB, Omisego being some popular names.
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xjcjf
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April 26, 2018, 03:26:50 AM |
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With price fluctuations around the price, Ethereum indeed has the possibility of being underestimated. Its technology is very powerful and there will be broader development in the future.
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