CryptoCoinsInfoClub.com

Ethereum Metropolis Price Prediction

What's To Do Before Ethereum Enters 'metropolis'? - Coindesk

What's To Do Before Ethereum Enters 'metropolis'? - Coindesk

What's to Do Before Ethereum Enters 'Metropolis'? Ethereum is over the hump, moving towards thethird of its four planned stages of development to further the groundwork for itsso-called 'world computer'. The next stage, called Metropolis, fusesa motley bunch of technical changes that might seem a bit random, but will pavethe way for future updates that makeethereum easier to use. The upgrade hastaken longer than expected, largely becausean unknown attacker launched denial of service attacks on the network last year, disrupting transactions and projects being built on the platform. However, recent developer meeting notes show that progress is continuing, withsome teamsalmostdone on implementing their changes and now preparing fortesting. Dimitry Khokhlov, Ethereum Foundation testing engineer, told CoinDesk that development of the third phase is roughly halfway to completion. Firstly, developers need to finish coding the upgrades. Although this long-awaited release won't include dramatic changes such as proof-of-stake or sharding, this stage does incorporate roughly 10 Ethereum Improvement Proposals (EIPs). All these EIPs look to pave the way for 'abstraction' by reducingthe amount of features that are hard-codedinto ethereum.The aim, much like the aim of ethereum itself, is to leave more room for app developers to make their own design decisions. EIP 86 , for example, allows users or app developers tosecure accounts whatever way they wish. An Ethcore spokesperson told CoinDesk that Parity, a popular ethereum client written in Rust, has implemented seven of the 10 EIPs, but is awaiting clearer instructions as developers come to consensus on thechanges that need tobe implemented. This 'rough consensus' approach is common inopen-source development. The wait shouldn't be lo Continue reading >>

Ethereum Price Set To Double Now, Says Analyst Who Forecasted $5,000 Bitcoin By 2018

Ethereum Price Set To Double Now, Says Analyst Who Forecasted $5,000 Bitcoin By 2018

Ethereum Price Set to Double Now, Says Analyst Who Forecasted $5,000 Bitcoin by 2018 Analyst who predicted Bitcoin to reach $5,000 comes back and forecasts Ethereum set to increase by 100%. Standpoint Research founder and analyst Ronnie Moas has previously projected that the digital currency Bitcoin will reach a price of $5,000 per token in 2018 and $50,000 in 10 years . In his most recent interview with CNBC , he also claimed that rival currency Ethereum is also likely to increase by twofold to reach $400 during the year. In his report published in late July 2017, Moas claimed that the cryptocurrencies will sustain their solid performance and steal some shares of other assets like stocks, bonds, fiat currencies and other precious metals in the market. "I think investors should take a shot on this and hold for a few years. If you lose a few bucks, at least you took a shot," he said. "In life, you miss every shot that you do not take. It will probably be more upsetting to watch it (from the sidelines) go up another 1,000 percent." Aside from the two leading virtual currencies, Moas also forecast that the price of the digital currency Litecoin will increase by twofold to $80 per coin. Leading cryptocurrencies in terms of market capitalization In his report, Moas issued a list of the digital currencies and their market caps. Based on the list, the top 20 currencies include Bitcoin, Ethereum, Ripple, Litecoin and NEM. "In my view, 10-15 years from now, the charts on a few of the top 20 names will look like the Amazon, Apple, Tesla, Netflix, Google and Facebook charts look today. Meanwhile, the possible split of Bitcoin could be realized in early August 2017 if some developers will advance their proposed upgrade called Bitcoin Cash. Based on market trading in late July, the Continue reading >>

Ethereum Price Analysis - Consolidation Likely In The Near Future

Ethereum Price Analysis - Consolidation Likely In The Near Future

Ethereum Price Analysis - Consolidation likely in the near future Josh Olszewicz , 20 Dec 2017 - Ethereum , Opinion , Price Analysis Ethereum (ETH) has continued to push North, having gained 77% this month alone. The market cap now stands at US$73.2 billion with US$3.4 billion in trading volume over the past 24 hours. Recent talking points include a blog post by Preethi Kasireddy, fundamental challenges with public blockchains .The post outlines several problems faced by blockchain platforms at the moment; limited scalability, limited privacy, lack of formal contract verification, storage constraints, and unsustainable consensus mechanisms- to name a few. Scaling issues on Ethereum became apparent in a post-CryptoKitties world. The Decentralized Application (Dapp) helped pushed an already busy network to its limits upon release. In the span of four days, CryptoKitty transactions went from 3% of all Ethereum transactions to 11.77%. This resulted in transaction backlogs, network delays, and higher gas fees. The backlog of transactions currently stands at over 14,000 transactions. Ethereum is capable of running 10-30 transactions per second. Vitalik Buterin, Vlad Zamfir, and other Ethereum developers are currently working on a variety of scaling solutions, the most drastic being a switch from Proof of Work (PoW), or mining, to Proof of Stake (PoS). The decision between PoW and PoS circles back to the issue with consensus mechanisms. PoW favors those who can amass the most mining technology with the cheapest electricity whereas PoS favors those who accumulated assets early in the coins life cycle.PoS coins are currently underutilized compared to PoW coins in terms of transactions per day. There has been increasing concern lately over the amount of electricity being soaked Continue reading >>

Ethereum Price Metropolis Prediction

Ethereum Price Metropolis Prediction

According to Coin Telegraph, the Ethereum Foundation and other developers in the Ethereumcommunity are ready to launch the first iteration of the Metropolis hardfork proposal by nextweek. The hardfork will be executed in two separate phases. The first iteration of the Metropolishardfork will be called the Byzantine hardfork, which aims to minimize the amount of actionsfrom bad actors within the Ethereum ecosystem. A bad actor within an economic system is anindividual, or group of individuals, that attempts to disrupt, dismantle, or destroy the system theyare located in. An example of a bad actor would be a hacker attempting to clog the Ethereumnetwork and slow down transactions. There are numerous reasons somebody would want to dothis, such as an Ethereum competitor that wants to make Ethereum look bad. The byzantinehardfork will be integrated into Ethereums testnet on block number 1,700,000. Why is this hardfork so important? Because it provides an improvement to the Ethereum networkand provides a more efficient, robust, and secure infrastructure for decentralized applications(dApps) and developers. Vitalik Buterin, founder of Ethereum, believes that now all thats leftfor Ethereum is to improve its scalability. Scalability becomes important as more and more usersexist and transact on the Ethereum network. Being able to do thousands of transactions in a dayis very different from doing thousands of transactions in a second. For example, the Visanetwork handles on average 2,000 transactions per second. In order to be a worldwide paymenttool, Ethereum should be able to handle the same amount of transactions per second as the Visanetwork and this is the issue that the Metropolis hardfork is attempting to address. Buterinpreviously explained the issue of scalability in a tw Continue reading >>

How To Predict Ethereum Pricing Surge?

How To Predict Ethereum Pricing Surge?

After stewing in the $300 range for several months after the initial surge to $420, Ethereum once again sees more steady growth towards the $500 new. Fueled by an overall bullish cryptocurrency market, and rallying cries of Wall Street veterans like Mika Novagratz, who have predicted $500 Ethers by the end of the year, Ethereum could very well surpass the psychologically significant $500 mark. Ethereum is undoubtedly the cryptocurrency that the most talented developers are working for. The Initial Coin Offerings for various projects based on Ethereum this has already surpassed a whopping $2.8 Billion which is estimated to grow to $3 Billion by the end of the year. The most exciting among these projects is the decentralized exchanges which are going to be facilitated with technologies like the 0x protocol, Request Network, OmiseGo and the Kyber network. And if the Ethereum project related Github page is any indication, then the price will undoubtedly rise since the price has had a robust positive correlation with the development on the platform so far and is continued to extend into 2018. According to a new study published at the Journal of Electronic Commerce Research and Applications, Metcalfes Law of Network Effects which states that the value of a network is proportional to the square of the number of its users applies very well to Bitcoin and Ethereum. The study measured the price of a cryptocurrency and compared it to unique addresses being used on the network and found a strong correlation between the two. This is excellent news for Ethereum is because the number of transactions for Ethereum has grown exponentially since the beginning of the year, helped in part by a large number of Initial Coin Offerings conducted on the platform. Another reason for the increase Continue reading >>

Ethereum Price Prediction 2018

Ethereum Price Prediction 2018

Home Investing Cryptocurrency Ethereum Price Prediction 2018 Although it is foolhardy to make an Ethereum price prediction with confidence, it may be possible to forecast future prices using various analytic methods. Whether conventional technical analysis, Monte Carlo simulations, or market capitalization comparisons, we explore what the future holds for the price of Ethereum. But in order to make price forecasts for Ethereum, we first need to see how and why it is different to the original cryptocurrency, Bitcoin. Bitcoin may have sparked the cryptocurrency revolution but Ethereum may have greater longevity, which in turn could bode well for forecasters brave enough to make an Ethereum price prediction. While Bitcoin gained popularity as a cryptocurrency that could supplant conventional currencies, like U.S. dollars, euros, and yen, Ethereum has received attention because it has the possibility for broader use beyond payments. The best way to think of Ethereum is as a general purpose platform upon which other applications can be built. Similar to how Apple and Microsoft built operating systems that supported a wide range of software from spreadsheets to budgeting tools, so too can Ethereum support a range of applications related to blockchain technology. The big difference between Bitcoin and Ethereum is that developers are permitted to build applications on top of Ethereums blockchain technology but they are restricted from doing so on top Bitcoins technology. By catering to developers, Ethereum is responsible for the majority of initial coin offerings and its currency has earned a reputation for being robust in the face of cyber attacks. But with hundreds of cryptocurrencies in existence, what does the future hold for Ethereum and what Ethereum price prediction can Continue reading >>

An Ethereum Price Forecast Of $1000

An Ethereum Price Forecast Of $1000

InvestingHaven is a publisher on the amazingly fast + secure new Brave Browser! Try this for free, we will receive BAT crypto for publishing our content >> (Ed. note: another flash crash of the Ethereum price took place on September 4th 2017, the editorial team has posted a new update at the bottom of this article) It may sound too good to be truebut InvestingHavens research team calculates a long termethereum price forecast of $1000, say for 2018 and beyond. Given our extensive background in forecasting markets, from gold to stocks and currencies, we could not resist the challenge to also forecast the price of Ethereum.After our Ethereum price forecast of $550 for 2017 ,it was about time to apply the same forecasting method and derive a longer term price target for the price of Ethereum . The challenge forecasting Ethereums price There is one important challenge in trying to forecast the price of Ethereum: there is no useful data available to apply a direct forecasting method. Stated differently, based on the limited set of relevant data we have to rely on an indirect forecasting method. Itmay sound counterintuitivethat there are hardlyrelevant data points available. There is of course plenty of data in Ethereum space. Take, for instance, Ethstats , a real data hub for Ethereum statistics visualizing ongoingactivity on the network, while Etherchain looks at transactions per second, top miners, and so on. All that is interesting information, but not relevant in understanding the real intrinsic value of Ethereum which, essentially, is the basis to forecast a future price. Moreover, in classic markets we are used to take a price chart and look for patterns as a reliable way to derive a price target. Chart analysis is also not very useful in deriving an Ethereum price for Continue reading >>

Ethereum Price Still Frozen Ahead Of Metropolis Update

Ethereum Price Still Frozen Ahead Of Metropolis Update

Ethereum Price Still Frozen Ahead of Metropolis Update The Byzantium update, the first phase of the Metropolis stage of Ethereum, will be live on the main net in less than six days. For now, the Ethereum market price is asleep, but there are predictions it may rise toward $400 again. Only a few more days are remaining for the Byzantium hard fork to run on the test network before the main network switches to the new rules. The fork already has a set date, activating on October 17 with a series of changes for mining and transactions. But the market price of Ethereum has stagnated as all eyes are on Bitcoin and the drama of an upcoming fork. ETH has grown less than 2% in the past week, hovering around $299. Trading volumes have dwindled from nearly $1 billion to $300 million in 24 hours. Ethereum receives support mostly from ICO demand, as fund raising is done in Ethereum. But as regulations are hitting the market, investors may be losing their appetite for token events. The Ethereum project has always been transparent about its technical innovation. But the news are highly specialized and in the cryptic lingo of the project- so there is less market hype to boost the price. One of the still raw ideas for the Ethereum network is a blockchain-based identity, an upcoming standard for the identity of a person or machine. The proposal is known as ERC-275 . "Identity is certainly one of the most [important] missing pieces in theBlockchainecosystem, and I think this standard can fulfill that," said Fabian Vogelsteller for ETHNews. The blockchain-based identity is a way to verify a customer once and not gather data each time verification is needed. The proposal, which is not yet added to the official update calendar for Ethereum, will be presented at the upcoming Ethereum London Continue reading >>

Ethereum Price Predictions For 2018

Ethereum Price Predictions For 2018

The blockchain to dominate marketshare for Turing complete supercomputer, such as ETH, will be one with the strongest network effects for developers:one that can mathematically implement formal verification to secure sensitive smart contracts while concomitantly driving strong enterprise adoption. Ultimately, the strength of the developer community will drive innovation: they will be the first-line of defense to see if the latest protocol and app layers arerobustly tested against exploits and identify potential 0 day attacks before its too late. With the release of Caspers long-touted PoS, I only see more money pouring in for development and speculation.On May 16th, 2017 with the price per ETH hovering around $87 I predicted that such developments may even drive the price beyond ~$150 by the end of 2017 and establish a new plateau in the $150$200 range. I am amused yet concerned to see my call play out much faster than I anticipated. Again, this is 100% contingent on any significant 0-day exploit, major code vulnerability, or attack on the network or major exchange/wallet (especially with the release of new code via Casper and/or Metropoliss zk-SNARKs ). Any attack like that would cause the market to drop prices like they were hot. Lets hope Vitalik et al centuple-test the code before release. The price can further be bolstered by any positive major developments with the EEA (Enterprise Ethereum Alliance) whose cooperating members currently include Microsoft, JPMC, Intel, UBS, Accenture, and the list is only growing. The EEA needs to demonstrate utility with DApps, which go beyond current R&D stage projects in the application layer. The quality and quantity of devs will certainly influence how soon their objectives are met to deliver configurable consensus, privacy con Continue reading >>

When Will The Ethereum Metropolis Upgrade Happen? Will The Price Of Ethereum Drop Before It Just Like Bitcoins Did With The Possible August 1st Fork?

When Will The Ethereum Metropolis Upgrade Happen? Will The Price Of Ethereum Drop Before It Just Like Bitcoins Did With The Possible August 1st Fork?

The Metropolis hard fork has been on the roadmap for quite some time now. Many people are worried it could cause there to be yet another Ethereum currency, but that is highly unlikely since the fork has nothing to do with any sort of ideological debate facing the currency. Though as we just saw Bitcoin forking into BTC and BCH had no negative effect on BTCs price. Vitalik Buterin gave a keynote about the Metropolis hard fork at an Ethereum meetup in Singapore this January, so my best bet is that youll see it implemented by the end of this year. Considering the fact that some people investing in currencies are speculators who might not understand the technology, it is possible for there to be a price drop right before, but I see no reason for there to be one. Any time there is an improvement on the technology, they should be worth more and priced even higher. Ether is still currently grossly undervalued ($268 USD per), so its got plenty of room to grow between now and then. Ethereum metropolis has been pushed back a couple of times. There is no official release date for it but it is anticipated that it will come out sometime in November. It should not affect the price poorly. If anything, it may/should increase the price. Metropolis was a built in hard fork scheduled to happen from the very beginning. It will not create another split like we saw with Ethereum/Ethereum Classic. The only reason we may not see another price increase is because we were scheduled to have it back around May/June and Ethereum rose in price greatly because of it. So it may still already be priced in. If you ask me, I think it will still increase in price during the weeks leading up to and after metropolis. Everybody likes new features/upgrades! See more about metropolis and price speculation of Continue reading >>

Ethereum Price Prediction: Investing In Ethereum (eth)

Ethereum Price Prediction: Investing In Ethereum (eth)

Ethereum price prediction: investing in Ethereum (ETH) Ethereum price prediction: investing in Ethereum (ETH) Ethereum price chart prediction: is it an opportunity or a waste of time? If you are looking for a guide on Ethereum's ability to cope with future trends and how profitable trading with cryptocurrency might be in coming months, you do not need to look further! We have compiled a comprehensive analysis of the past, present, and future of the ETH, bringing you fresh knowledgefrom the market as well as the verdict on whether should you invest your money it or not. Past few weeks were a hectic period for the cryptocurrency, what with bitcoins crazy value growth spurt from nearly $2.500 to now $7.000 in mere two months. Those that had money on their hands and had an inkling of what was going to happen are now satisfyingly rolling their sleeves and making a large profit from selling the coins. Now, the big million dollar question remains about the second biggest cryptocurrency in the market, Ethereum ; what will happen in the future to the coin and how smart it would be to invest in it? We have conducted a thorough research to find the answer to that particular question, analyzing the past to understanding the present and predict the future of Ethereum. It all started in a white paper submitted by Vitalik Buterin in 2013, who was a member of bitcoins development team. The proposal was first aimed at scripted applications for bitcoin since he argued that decentralized nature of the cryptocurrency offered a chance to further develop bitcoin. Best place to buy Ethereum: Where and how to buy Ethereum (Ether - ETH)? But where and how can Ethereum be purchased? In our guide we present the best ways to buy Ether. Read it!: Best place to buy Ether. Suffice to say, the idea w Continue reading >>

Ethereum Price Dominating The Weekend: Eth Analysis Closes Above $300 Ethereumworldnews.com

Ethereum Price Dominating The Weekend: Eth Analysis Closes Above $300 Ethereumworldnews.com

Ethereum Price Dominating the Weekend: ETH Analysis Closes Above $300 #business-and-finance #news #uncategorized #byzantium-hard-ford #ethereum #market #metropolis #neo #prediction #price-analysis #weekend Ethereum World News via ethereumworldnews.com Moreover, the only showing any kind of gain in the last 24-hours are Ethereum and NEO slightly hurdling to keep a stable position.Every-other cryptocurrency asset now and then goes through a time of significant volatility. For Ethereum, the past week was a range-bound phase between bears and bulls indicating a stable trading ground being formed despite its on a edgy level that of $300.00. It was a matter of time before one would overpower the other, and it seems the pair ETH/USD is heading the right way.The main resistance on the short term would be $316.61, and if ETH price continues increasing and clears that point, the buyers could take it up to $354.00 as explained in the previous ETH/USD press.Source: coinmarketcap Oct 6th ETH/USD developmentAlthough no one denies Ethereum is a valuable ecosystem, the market is always subject to some degree of manipulation. No one can deny there is some degree of price action that is not entirely natural. This is not just the casewith Ethereum, mind you, as every major cryptocurrency is periodically affected by marketmanipulation. Theseodd price actions become a lot more prominent on some days thanon others.Despite the very positive recovery rally that Ethereum is having even against other markets, it is easily lost as every gain in the cryptocurrency world and financial sector will be punished with a little of correction or more depending from the sellers. This month as the first of the fourth quarter of the year October, could be very promising to the Ethereum holders and traders a Continue reading >>

Ethereum Price And The Upcoming Metropolis Upgrade

Ethereum Price And The Upcoming Metropolis Upgrade

Ethereum Price and the Upcoming Metropolis Upgrade Ethereum price , along with other cryptocurrencies, saw their price tumble as the month of September started. This article today will be about an important upcoming catalyst for Ethereum price: The metropolis upgrade and the upcoming Ethereum hard forks. How will Metropolis impact Ethereum price? To have a good understanding of the impact of Ethereums Metropolis upgrade on Ethereums price, a few technical concepts need to be covered before we provide our outlook. According to Investopedia , a hard fork is a change in the cryptocurrencys protocol to fix a security risk from previous versions of the software, to add new functionality, or reverse transactions. Since the hard fork is a permanent divergence from the previous version of the blockchain, nodes running the older version will be rejected by the new version. This creates a fork or a split in the blockchain where one group of nodes follows the new upgraded blockchain, while the second path follows the old path. Generally, shortly after the fork, the old chain realizes that their version of the blockchain is outdated and quickly upgrades to the latest version. A piece of data which is difficult (costly, time-consuming) to produce but easy for others to verify. Producing a proof of work can be a random process with low probability so that a lot of trial and error is requiredon averagebefore a valid proof of work is generated. Bitcoin wiki. A category of consensus algorithms for public blockchains, which Ethereums upcoming Casper algorithm is a part of. The blockchain keeps track of a set ofvalidators, and anyone who holds the blockchains base cryptocurrency (in Ethereums case, ether) can become a validator by sending a special type of transaction thatlocks up their Continue reading >>

Eth/usd Weekly Forecast: Ethereum Price Remains Vulnerable

Eth/usd Weekly Forecast: Ethereum Price Remains Vulnerable

ETH/USD Weekly Forecast: Ethereum Price Remains Vulnerable Ether fell sharply before finding bids near $200.00 against the US Dollar. Going forward, ETH/USD has to settle above $295.00 to move back in the bullish zone. Ethers price recovery from $200.91 against the US Dollar is facing many challenges on the upside. There is a monster resistance zone near $275.00-295.00 on the daily chart of ETH/USD. ETH/BTC continues to face heavy offers near the 0.070BTC resistance. Technically, the daily chart indicators are stable, but well below their midlines in the bearish territory. There were more than seven back-to-back bearish candles formed on the dailyETH/USD chart before the pair found support near $200.00 . A new two-month low was formed at $200.91. During the downside move, there was a break of a major support area at $275.00. The stated $275.00 level is now a key resistance for the current recovery. To the upside, there is a resistance zone forming near $275.00-295.00 (pivot levels) as well asa bearish trendline on the same chart. Should there be a daily close above $295.00, the price would move back in the bullish zone. That said, it wont be easy for Ether buyers to push the price above the mentioned $295.00 level since it is the50 percent Fibonacci retracement level of the decline from the $395.41 high to $200.91 low. On the downside, a crucial support zone near $190.00-175.00 (both monthly pivot levels) is waiting to hold losses if ETH/USD turns lower once again. Moving on to the 2-hour chart, the pair recently found resistance near the 61.8 percent Fibonacci retracement level of the decline from the $316.17 high to $200.91 low at $272.00. The price is slowly grinding lower and already moved below the 23.6 percent Fibonacci retracement level of the recent wave from t Continue reading >>

Metropolis Upgrade And Eth Price Prediction : Ethtrader

Metropolis Upgrade And Eth Price Prediction : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

More in ethereum