Loading up on ETHER

in cryptocurrency •  7 years ago  (edited)

Raiden Network is on testnet with over 1,000,000 tranfers per second capacity, it's an off-chain scaling solution like Bitcoin's Lightning network

Block times will be increased incrementally from 23 seconds to 39 seconds which will decrease supply, price of gas will be determined in 7-10 days

The ICO's have taken a hit recently and so has Ethereum but I believe that game is far from over and the best blockchain companies will want to be on the Ethereum platform.

ethusd.jpg
The ETH/USD 6 month chart seems to be showing a cup and handle formation with a massive volume spike in this most recent selloff possibly suggesting the majority of the sellers have left the building. I believe Ethereum will soar through it's old High's in the next 2 months I'm down to holding 1BTC and thinking of adding even more Ethereum, I'm that bullish. I also believe ETH will surpass BTC in market cap and price per coin in the coming years.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order: