RE: Ethereum Price Drop: What Are The Reasons For $22 Bln loss & Future Outlook for ETH

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Ethereum Price Drop: What Are The Reasons For $22 Bln loss & Future Outlook for ETH

in cryptocurrency •  8 years ago 

Would love to see that too, but doubt that it will happen without some major manipulation via CoinDesk & CoinTelegraph. As one of our guys wrote several weeks ago - It's likely that ETH is undervalued because it is being used as an exchange token, rather than a fuel or escrow platform.

Then again, maybe ETH's creator was a bit naive (or overly optimistic) to think that Ether would be an economical blockchain fuel...

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