Ethereum: the Hottest Investment of 2017?

2016 was the year of Bitcoin, outperforming nearly every other major investment type throughout the year. However, Bitcoin is now hovering near $1000 USD a coin and steadying in both volatility and growth. This means it is still an excellent investment in the long term, and a stable currency, but it is no longer "the next big thing." Ethereum, however, seems to be the "Bitcoin Plus" that we have all been waiting for. Ethereum was developed with Smart Contracts and computation in mind, making it a more powerful and versatile platform than Bitcoin for performing more than financial transactions. Large companies such as Microsoft, and even larger banking consortia, have adopted Ethereum as a platform for their back-end security and a myriad of other technological promises. As of this writing, Ether (the native Ethereum currency) has been floating around $10.50 for more than a week and is showing signs of renewed stability after a few scares from recent "hard forks" in the Ethereum Blockchain. This recovery, improvement, and added stability from Chinese regulation on Cryptocurrency exchanges have all stabilized Ether and positioned it for growth through 2017. Some analyst predict that Ether could eventually rival Bitcoin, in both volume of usage and versatility as a platform for computation and cybersecurity. Thus, I posit that Ether is the most promising investment of 2017 and I would like to challenge the crypto-skeptics to offer any reason why it may not perform. This is a call for genuine feedback for myself and other interested investors who see this as an exciting opportunity. I hope to open a constructive dialogue and hear some well-informed opinions.

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