Bitcoin is not like Bitcoin with a limited supply, where there will be more then 21 Million Bitcoins.
5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
So that means every year about 18 million Ether are getting in the market
60 million ether created to contributors of the presale
12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
Technical Ethereum is unlimited, so price of Ethereum has to drop, only if the demand is bigger then the supply price will go up, but Ethereum actually shouldnt raise in price.
What can push up the price? DAPPS, and ICO's
TheDao was the reason ETH reached alltime high last year over 19$
Price has dropped after theDao was hacked
going towards 11$
and reached lowest point after 1 Augur Investor got hacked and the hacker sold all his ETH for Bitcoin making it drop
https://www.cryptocoinsnews.com/eth-and-augur-investor-hacked-ethereum-price-dives-further/
Currently there is no reason that Ethereum gets high, I only see Bitcoin people move their BTC into Ethereum to protect it from price drop from the ETF.
Chronobank.io in which my friend Alexander Rugaev
They crowdfunded over 6 Million
so far they look pretty sucessful
Augur is at 60 Million $
Iconomy 26 Milion $
DigixDao 21 Million $
Golem 20 Million $
Xarum 9 Million $
SingularDTV 7 Million $
First Blood 6 Million $
vSlice 1.6 Million $
Arcade 0.8 Million$
and some smaller ones.
I personally look forward for the first African fair ICO
two of my friends are part of the team
Philip Agyei Asare from Ghana and Alakanani Itireleng from Botswana
it could actually get 2 Billion people into cryptocurrency
with Biometric Verification
but I am not sure how the crowdsales will go,
CrowdSale
Starts 6 April
I can bring 2 Billion people to crypto, but I dont know how much people are ready to invest in Humaniq.
NEVERDIE ICO is LIVE.
The first block chain based Virtual Reality gaming crypto! NEVERDIE coin will allow monetizing the game items in real cash economy game Entropia Universe. NOW game player can cash out their in-game money earned by playing game and can exchange NEVERDIE coin with other ERC20 tokens such as Gnosis, Golem, and Frist Blood.
https://steemit.com/ico/@maxtill94/nevedie-ico-full-analysus-why-you-should-buy-neverdie-coin-gaming-cryptocurrency-coin-comparision-with-gamecredit-mobilego-first
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Good points in this post. Interesting to see I'm not the only one that is thinking about this. How much do we actually know about a coin. It's surprising to me people invest in cryptos that they know nothing about. This is quite an interesting website I found: https://www.coincheckup.com I'm really happy with this site that gives complete coin analysis for every single crypto. Check: https://www.coincheckup.com/coins/DigixDAO#analysis To check DigixDAO Analysis.
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