Banadony (OP)
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May 22, 2020, 10:13:00 PM |
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Ethereum has remain very strong as the second token on most websites and blogs with list of active cryptocurrencies on the exchanges. it stands the second token behind bitcoin and the top most altcoin with the second highest market cap. recently, transaction prices keep increasing and most developers are leaving the ethereum platform, does this means that Ethereum Network is Over used and require more development to substain transactions on the platform OR there is Nothing that can be down to settle the payment issues that cause high price during transaction.
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specumining
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May 22, 2020, 10:20:16 PM |
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I would say ETH is Undervalued. All the stablecoin are built on it!
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Wayrey2020
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May 22, 2020, 10:27:26 PM |
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I am not sure the references your overvalued or undervalued would mean, but i think etherum is neither undervalued or overvalued. Etherum instead is underappreciated, it hodls alot of altcoins under its blockchain, and is still fighting strong, the only coin after Bitcoin, that is solid.
The under-appreciation could be as a result of the total supply, and its easy to use capabilties.
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Perfect35
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May 22, 2020, 10:42:34 PM |
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All top coins and ever other coins with good potential, including the Ethereum mentioned are all undervalued and the reason is not far fetched from the fact that the general market situation has subjected them to that positioned. Starting from BTC, ETH and others have not yet attained their deserved prices. However, they would have grown beyond where they are now, if not for what happened during the last bull run. Many believed in crypto and all coins were growing beyond imagination, but unfortunately, some people who were only here to cash out through their scam projects debarred those coins from growing further.
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bittick
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May 22, 2020, 11:01:19 PM |
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Ethereum tokenization being used in reddit as a reward campaign and ethereum 2.0 is on the way too. This time ethereum looks undervalued consider about its adoption and the upcoming event. So many major coins are also using it and ethereum is not yet getting massive adoption but it's about to be started.
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Valzador
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May 22, 2020, 11:20:18 PM |
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The price of ether is currently undervalued in my opinion, an altcoin that has mainstream users and high adoption is ethereum.
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joinfree
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May 22, 2020, 11:37:13 PM |
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I think Ethereum is really udervalued at the moment considering the fact that it's launch to the use of PoS consensus mechanism is fast approaching. Once this launch takes place the value of ETH will keep rising as validators will prefer holding more ethereum in order to get rewards than just selling it off.
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AmoreJaz
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May 22, 2020, 11:48:26 PM |
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I am not sure the references your overvalued or undervalued would mean, but i think etherum is neither undervalued or overvalued. Etherum instead is underappreciated, it hodls alot of altcoins under its blockchain, and is still fighting strong, the only coin after Bitcoin, that is solid.
The under-appreciation could be as a result of the total supply, and its easy to use capabilties.
you have a point on being underappreciated or unappreciated I'd say. considering that there are so many tokens built under their platform and are already doing good in the market. however, the life of eth is not ending yet, so the chance of increasing its value is still there. just wait for the time when eth will show its real value in the market. eth 2.0 is coming, so we will see what's gonna be in store for this platform...
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patz22
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May 23, 2020, 12:46:14 AM |
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All details are right, ETHEREUM is overused when it comes to platforms and projects using it, and if we will compare to its value and Bitcoin's value last 2017-early 2018, I would say it is undervalued, as far as I am checking it, it must be playing around 300-400$ at this time however of course, as we all know, movements will depend on BTC so that's how it works.
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Ifra24
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May 23, 2020, 01:47:53 AM |
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Ethereum has remain very strong as the second token on most websites and blogs with list of active cryptocurrencies on the exchanges. it stands the second token behind bitcoin and the top most altcoin with the second highest market cap. recently, transaction prices keep increasing and most developers are leaving the ethereum platform, does this means that Ethereum Network is Over used and require more development to substain transactions on the platform OR there is Nothing that can be down to settle the payment issues that cause high price during transaction.
The issue of scalability is a key issue of ETH. 15 transactions in one second is really still lacking at this time. Developers realize, they make Plasma, Sharding, Raiden, Proof-of-Stake (Casper) in ETH 2.0 to overcome scalability. They are good but we are still waiting for the project realization. The delay of lounching to ETH 2.0 is still a cheap price. For that I can say ETH is Undervalued today and for the future I think the price will be better.
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GreatArkansas
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May 23, 2020, 01:59:25 AM |
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And also Ethereum is still -85% to it's all-time-high, more way to go that's why I also bought some Ethereum to hold it for long term. There are some altcoins that are still undervalued like XRP or Bitcoin cash which they are around -90% from their all-time-high but I don't trust their project even they are undervalued, what I am looking forward is the Ethereum especially for the Ethereum 2.0.
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gwaposakon
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May 23, 2020, 02:33:17 AM |
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With the great features and future potential of ethereum platform, I think it is currently undervalued. There are great development expected on the platform and is supported by many projects. I think its price should be higher than what it is valued right now. But I sense bullish trend these upcoming days especially when it transfers to proof of stake algo.
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JaoBadjap
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May 23, 2020, 02:56:49 AM |
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Its undervalued, its always been behind bitcoin. but shes the mother of most of the stablecoin out there. she deserves better
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Coin_trader
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May 23, 2020, 03:11:43 AM |
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Its undervalued, its always been behind bitcoin. but shes the mother of most of the stablecoin out there. she deserves better
Ethereum is not a stablecoin so how come she become there mother. LOL. Maybe you are pertaining to all ERC20 token put there and some famous coin like EOS and ZIL which both comes from ETH blockchain before there mainnet. I don't know the exact way to determine whether the coin is over value or under value since it depends on the vision of people who will analyze it. There is no right or wrong on this kind of question. ETH was too much above there initial price but looking at the development side and the user case of ETH. It's still under value. IMHO
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Akiko
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May 23, 2020, 03:20:11 AM |
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As for me it's not under or over value the price we have right now is the right price of ETH after the hype we get in his ATH.
Many long term supporters of ETH is moving to another project after they experience big loss in it and include the many scam project that use their platform and make crowdsale.
Investors only speculating that there will be a big impact if they release the ETH 2.0 . But how this new update will help the price if the only upgrade they give to eth is it will move to POS there should be other reasons to help the price increase .
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Latines
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May 23, 2020, 05:21:11 AM |
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I heard the opposite, that many invest their money in ethereum. So who to believe?) How many people have so many opinions. Let's look at ethereum 2.0.
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Pirate Bits
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May 23, 2020, 05:32:32 AM |
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Not only ethereum but I think almost all cryptocurrencies are undervalued the time for the price changes and usability will come.
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unusualfacts30
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May 23, 2020, 05:52:23 AM |
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definitely undervalued right now and there are many other alts in top who are also undervalued just like eth. In right time they will gain their position and come out more solid and more appreciated.
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Tipstar
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May 23, 2020, 05:57:06 AM |
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It's too early to say if Ethereum is undervalued or overvalued. Ethereum is an utility token and it's price is maintained by supply and demand rather than speculation about scarcity. There is still no limit of Ethereum generation. Don't expect it to rise as much as bitcoin but it could rise as there's still a large population who don't use crypto.
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mahilchii
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May 23, 2020, 05:57:38 AM |
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And also Ethereum is still -85% to it's all-time-high, more way to go that's why I also bought some Ethereum to hold it for long term. There are some altcoins that are still undervalued like XRP or Bitcoin cash which they are around -90% from their all-time-high but I don't trust their project even they are undervalued, what I am looking forward is the Ethereum especially for the Ethereum 2.0.
I agree with you, eth has failed to perform from the past 2years. Many of them who bought in it's peak are holding it and waiting for their turn but unfortunately there is no any positive signs of massive pump of ETH, However we cant expect some big pumps these days so I am eagerly waiting to see the ETH 2.0 project and I would like to invest in it for a better tomorrow..
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