Bitcoin vs EthereumsteemCreated with Sketch.

in etoro •  8 years ago 

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

https://ethereum.org/ether

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

https://humaniq.co/

I can bring 2 Billion people to crypto, but I dont know how much people are ready to invest in Humaniq.

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