RE: Is China Waking up to Ethereum?

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Is China Waking up to Ethereum?

in cryptocurrency •  8 years ago 

Etherium is doomed long term IMO, They have a new hard limit of 100 million ETH, but are planning on switching from Proof of work, to Proof of Stake.......

not to mention its intention is not to be a store of value, once its realized more for its real use case the price will become more rational.

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That's interesting. I'm bullish myself, but would like to hear more arguments against the prospects for Ethereum. How long do you mean by long term? What effects do you think Proof of Stake will have? What do you think is a rational price?