Why Hasn't Ethereum Price Increased After Metropolis?steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Despite the successful implementation of an important upgrade to the Ethereum protocol, prices haven't budged. In fact, the price of Ether has now gone DOWN to the $300 level.

In this video, I'll be discussing why that's the case.

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Ethereum still has to overcome mayor obstacles like Proof of Stake but long term it will be a good investment.

Agree that now everyone try to stay/add in bitcoin because of an upcoming fork.
Is there another fork in November? What is the name of it? Thanks.

@yukko The one in November is Segwit2x

thank you. so much is going on...

@yukko I know, hard to keep track of it all. That's why we got young @louisthomas here to keep us updated :)

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Ethereum supports decentralized apps. Has realtime usage better than bitcoin !!!

Very interesting I heard some stuff I did not hear thank you for!

oui c'est tres important @bakabou159704

Louis, I followed you on Youtube and now following you on Steemit. I joined 10 days ago. Keep up the good, informative videos.

Awesome video, i agree with all the points you raised, bitcoin is getting all the attention and everyone wants to get a piece of the cake. The hard forks coming up made a lot of people to invest more money in bitcoin because of the fact that they're probably going to get some free coins, and the price of bitcoin might sky rocket after the hard fork... but ethereum is definitely still gonna rise, its only a matter of time, thank you for sharing...

Thank you so much for your valuable post.

  ·  7 years ago (edited)

300 spartans. Say thanks that price > 290. I think bitcoin sucked energy to grow from other coins.

  ·  7 years ago (edited)

You missed the statement by Ben Bernanke.

“Bitcoin is an attempt to replace fiat currency and evade regulation and government intervention. I don’t think that’s going to be a success.”

banks and big players still follow his words.
This is the actual reason for the fall!

thank you! you analized perfectly!

@louisthomas Thanks for that Louis! I am also of the view that Bitcoin is taking almost all of the attention right now. Seeing there are people who are selling their house, cars and cats to get in on Bitcoin action. It is hard to compete with that kind of news :D

Still, I thought it would increase at least a little. It will increase the usage, and therefore, demand for ethereum. But I guess that takes time so....

cant the Tezos problems have anything to do with the slight dip as well?
all the troubles with the ico and all 400 million locked in legal battle cannot help

Great video, my thoughts exactly. Keep up the great work, good to see you on Steemit, watched some of your stuff on YouTube.

great info, thanks! I've gotten the impression that the byzantium fork went okay but not buttery smooth, and that might be why the price didn't rise much. I'm not sure but I think the inconsistency in block times is unintentional and a minor flaw. The update certainly provided substantial progress but I think intricate issues with it could have kept some big moves from happening.

Has anyone heard about falconcoin, its ico is halfway done and if its gonna be anything like regal or bitconnect which it looks like it will,its gonna go all the way up

Ethereum price is 307$ now and shall be up to around 400$ with hard fork at 25 october . Now is the time to earn high for everyone.

@louisthomas

Headed to Cryptolands and beyond!!

My little bitcoin and the pretty soul.jpg

https://steemit.com/introductions/@theprettysoul/steemit-verification

Wishing you much continued success!!!

🎀@theprettysoul🎀

The second bitcoin fork (segwit 2x is expected to be on 18th November)

Here is a site dedicated for the countdown: https://bashco.github.io/2x_Countdown/

I was also disappointed in the prize movement :(