is this a good sign for ethereum

[Twinscoin2017]

I think this is a beginning of the new trend on ethereum. I believe that this rising of the price has a big impact in the market maybe this Q1 of 2019 the ethereum is reallyvexpected to rise after the dip because it is a potential coin and it is really amazing coin that is really popular in the market. I believe that it will pump back soon.

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[hongus]

My opinion. It is known that Brazil is not a rich country. And a few billion profits can improve the environment. Combining a bank and investment can give a good growth to the Brazilian and cryptocurrency economy. Great news.

[raitsuk]

From the market movement, i think this is a good sing for ethereum and also for another altcoins.
Most of the altcoins are rising together with each of percentage that so vary for each coins, just like they are racing to the top.

[logicgate]

I think it will be a positive impact and will increase trust in ethereum, and ethereum will increase in popularity and will be able to attract investors to invest in it.

For sure it is best news for ETH as there are few well known companies who are adopting ETH. In this way I think ETH will gain fame and value all over the market. This will make price of ETH high and will attract more contracts towards it in crypto currency. I want all issues between blockchain and ETH to be fixed as soon as possible.

[Invigorated]

Certainly... Brazil has a major economy in the southern part America. Adoption of the crypto technology on the Ethereum platform can only lead to more utilization of the Ethereum cryptocurrency exposing it to a wider market. This could set a tune for wide usability of the token leading to price appreciation and project growth. With the success of the technology in the Country, it could equally send ripple effects of adoption throughout the continent and ultimately providing more market base for the token.

[Suzukigsxr250]

It's brilliant development for ethereum, of course. Like ripple, ethereum can use this to have more usage area. Maybe this development help that ethereum price increase on today.

[dizzy1996]

This is very good news, we hope that this will positively affect the market situation, but the likelihood that this will significantly affect the market rate is very small as the market is used to such news and, accordingly, the market has good reaction, but insignificant

[Collinberg]

More and more big organisations are now jumping into the blockchain and Cryptocurrency world and no matter the recognised organisation, it is always good news for crypto in general and not just Ethereum.

[Diva1993]

To be honest, I am quite surprised that you are asking at all, ofcourse it is good news, other banks might even use their stable coin to move funds from one bank to another, this is definitely a list for Ethereum and there are many more wins ahead.

[mary0919]

A state-owned bank in Brazil is about to issue a crypto token designed to maintain parity with the national currency.
the Brazilian National Social Development Bank will launch a pilot in January 2019 for the BNDES token, which runs on the ethereum blockchain.

https://www.coindesk.com/this-brazilian-bank-is-using-ethereum-to-issue-a-stablecoin

your opinion

For me I really like to hold ETH because ETH is next to bitcoin and is very affordable compare to the price of bitcoin which is already high. ETH also has many features that most of the bounty campaigns and ICOs has using ETH wallet for their transactions. I hope ETH will boom next year round.

[kursigoyang]

there are indeed many new projects that use the ETH base both from the blockchain and platform, this makes ETH an important coin, so don't worry about the current ETH price being cheap, so at a low price this is the right time for more investment get a very high profit

[Furious 7]

I am very happy to hear this news, I am still holding ethereum and I am almost desperate with ethereum over some price declines some time ago.
I need more positive news now.

[Lpim01]

We are greatly moving into $200, hopefully  we could get it before the end of this year as we celebrate New Year with a big smile.☺.
Anyways,  we are expecting recovery for this month and it looks like we even recover a little bit as it shown in the chart  but weren't to think that this is the start for bull run.

[tmpwhore]

I think it's a good sign for all cryptomarket. I think that all these legalizations in different countries have a positive influence to all cryptoeconomy. It would be great if all countries will accept crypto.

[Bomber007]

For a Brazilian bank to consider using Cryptocurrencies, even a stable coin in the ethereum blockchain is wonderful news, this shows that more and more centralised institutions are realising the potential of blockchain technology.

[cryptocyprus]

I think this is a beginning of the new trend on ethereum. I believe that this rising of the price has a big impact in the market maybe this Q1 of 2019 the ethereum is reallyvexpected to rise after the dip because it is a potential coin and it is really amazing coin that is really popular in the market. I believe that it will pump back soon.

This price increase I can only consider as a correction, as the market has been going down for too long. I think that perhaps Ethereum will return to 250 dollars, and Bitcoin to 5000 dollars, but then most likely will fall again.

[mattukarsamb]

I don't think if it's a good sign for ethereum or not, but I see that the ethereum is on the green price and now, the price increase. I think in 2019, we will see many other banks in the worlds trying to use the different platforms and not just using ethereum as their network but also they will try to implement with the other coins. But lets we see what will happen with the Brazilian National Social Development Bank, and if there is a benefit for the bank itself, the other bank will come to the crypto.

We can say that it is a positive sign for ethereum because if a governmental organization or a bigger institution will come to start their token on ethereum platform then all of that community will come to know about etherum and among them there will be many investors who after knowing about ethereum will also invest in ethereum.

[jawatulen]

My opinion. It is known that Brazil is not a rich country. And a few billion profits can improve the environment. Combining a bank and investment can give a good growth to the Brazilian and cryptocurrency economy. Great news.

but, this is really great news for ethereum,,
because, this mean a mass adoptions on crypto is real,, so, this really big sign if the future of crypto is bright 

[trickyriky]

I think it will be a positive impact and will increase trust in ethereum, and ethereum will increase in popularity and will be able to attract investors to invest in it.

For sure it is best news for ETH as there are few well known companies who are adopting ETH. In this way I think ETH will gain fame and value all over the market. This will make price of ETH high and will attract more contracts towards it in crypto currency. I want all issues between blockchain and ETH to be fixed as soon as possible.

The sign is really very good. I do believe that Ethereum will be used by more great and famous companies, and it will be known not as some altcoin for ICOs. Ethereum will in a lot during 2019-2020.

[none of us]

i like this news very much and it strengthens my confidence in crypto. it once again shows that the acceptance of crypto is increasing and that is very good. the brazilian bank will certainly not be the only one using crypto in the future.