Top 3 Ethereum Project Price Predictions For 2018
You might also like Litecoin Price Predictions 2018 I wrote this headline in June 2017, not sure if I should keep it when I will update the article next time. The price of an Ether should outperform that of a Bitcoin for the coming duration. What this means is that a dollar invested in Ether will return a higher ROI than investing the same dollar in Bitcoin. This indeed can be hard to believe in December 2017 when looking at Bitcoin price, but we all know that less than 4 weeks ago it was under $6,000. Most likely Bitcoin its being used by short term investors these days. In fact, the CEO of hedge fund Polychain Capital, Olaf Carlson-Wee, is of the opinion that the entire market capitalization of Ethereum will exceed that of Bitcoin by the end of this year. At least, thats his Ethereum price predictions for 2018. You can read here my BITCOIN PRICE Predictions for 2018 . There is plenty of evidence to support Olafs view. On the one hand, the previously mentioned 20-fold explosion of Ether in 4 months versus the 8.5 times growth of Bitcoin in a year and a half. Besides that, the fact that Bitcoin has lost almost half of its market share to Ethereum during the past four months. To put matters into perspective, four months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin. Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereums share of the total money invested has increased four times in size, making it approach the 30% area. Another indicator showing that Ether can overtake Bitcoin can be found by looking at whos backing each type of currency, as well as why they are backing said currency. Bitcoins focus on payment technology makes it popular with governments, such as Japans and Chinas governments. On the other hand, Eth Continue reading >>
How To Invest In Ethereum (and Is It Too Late)
Home How To Invest In Ethereum (And Is It Too Late) How To Invest In Ethereum (And Is It Too Late) Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact (and more). In the cryptocurrency wars, I like to view Ethereum like the diamond of the currencies - it has both a intrinsic value and an industrial value. Compare this to Bitcoin, which operates like gold - not much industrial value, but people buy it and sell it based on it's intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different than Bitcoin, and how to invest in it. It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether (the actual monetary unit of Ethereum ). Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet. We recommend Coinbase because it's free, has a great app, and they give you a bonus for depositing $100 . Check it out. Ethereum is basically software that is decentralized and allows developers and programmers to run the code of any application. Wait, what? I thought Ethereum was money... well it has a monetary aspect. You see, Bitcoin uses a technology called blockchain specifically for conducting monetary transaction - it's a straight currency. Ethereum uses blockchain technology to allow the creation of applications that can be executed in the cloud, can be protected from manipulation, and much more (some stuff getting too technical for me here). However, a bi-product of this is that Ethereum uses a token called Ether, which is like Bitcoi Continue reading >>
Should You Buy Ethereum Now, Or Wait?
Is it time to buy Ethereum or would you be better off waiting? Thats the question on many peoples minds. With the major dip in the market last week many people are unsure if they should invest in Ethereum or other cryptocurrencies . Ethereum has had a pretty good 2018. First it hit $1,000 on January 4th. Then it started a long upward movement that saw it top $1,400, increasing its value over 40% in just six days. Then, what many are calling bloody Tuesday hit on January 16th, and many of the crypto markets dropped sharply. Ethereum closed that day at $1,053.69. What that showed was that Ethereum has a good support level at around $1,000. On January 17th, it did drop below that mark, on a 4-hour average, for 8-hours but then bounced back and has been trading between $1,000 and $1,150. Today the price of Ethereum started at around $1,080 and has moved down to the $970 range in the last hour. It is currently trading in the $966 to $985 range. The Ethereum downturn today is due to several factors including other major cryptocurrencies like Bitcoin, Ripple, Bitcoin Cash, Cardano, and Litecoin all being down today. This is most likely due to the news that South Korea has decided to tax cryptocurrency exchanges at 24.2%. One of the South Korean cryptocurrency exchanges, Korbit, halted fiat currency deposits from non-citizens. Their announcement comes ahead of them attaching verified identities to accounts to counter money laundering potential and appease local regulators. If $1,000 is the base support level for Ethereum, then buying around that price is a great place to buy. In fact, with Ethereum being slightly under that number at time of writing, it may very well be time to buy Ethereum. The cryptocurrency has already proven that it can outperform the rest of the market. W Continue reading >>
Cryptocurrency Sell-off Continues As Bitcoin, Ethereum Sink
Bitcoin is down 50% from its all-time high Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day. The world's largest cryptocurrency dived as low as $9,199.59 Wednesday morning, falling almost 19 percent within 24 hours, according to CoinDesk data. CoinDesk tracks prices from cryptocurrency exchanges Bitstamp, Coinbase, itBit and Bitfinex. Bitcoin then recovered slightly to $10,123 at 11:56 a.m. ET. The last time bitcoin fell below the $10,000 mark was November 30. The red-hot digital asset soared to a record high of $19,783.21 on CoinDesk last month, but has since been on a gradual decline. At its current price, it is now down almost 50 percent from that all-time high. More than $30 billion was shaved off the cryptocurrency's market value in the last 24 hours. "Focus has shifted to negative regulation with headlines out of South Korea, China, and even minor headlines from France and the U.S.," Ari Paul, chief investment officer at cryptocurrency investment firm BlockTower Capital, said in an email. "These headlines are having an outsized effect because cryptocurrency as a whole was overbought and sentiment reached exuberant levels, setting the stage for the violent correction that we're seeing." Ethereum and ripple the second and third-biggest digital assets respectively continued to move lower. According to CoinMarketCap data, ethereum was trading 15 percent lower near $885 a coin, while ripple fell nearly 14 percent to around $1.02. Cryptocurrencies appeared to sell off shortly after South Korea's Finance Minister, Kim Dong-yeon, said the country was still mulling a shutdown of crypto exchanges . Initial reports of South Korea one of the biggest cryptocurrency markets in the world moving to clamp d Continue reading >>
What Investors Should Know Before Trading Ether - Coindesk
What Investors Should Know Before Trading Ether Given the increasing prominence of the idea blockchain tech will impact enterprise business, both retail investors and investment institutions are optimistic the market could soon develop into a vibrant new asset class. However, to date, there have been few alternative digital assets that have offered a value proposition that differs from that of bitcoin, the oldest publicly traded blockchain-based cryptocurrency. Today, bitcoin appeals to investors with both a high tolerance for risk and those who believe the digital currency could one day become a stable store of value and financial rail competitive in global commerce. Though often cited as volatile, bitcoins market remains one of the more stable among digital currencies, with a market cap today in excess of $7bn at press time. Many alternative digital currencies, in turn, have offered a similar value proposition, and comparably more pronounced volatility. Amid this landscape, ether, a currency transacted through the Ethereum platform, is perhaps emerging as a contender for more adventurous portfolios. Despite a recent slump in price, ether volume has seen strong growth as more global exchanges add the asset to their offerings. Ether provides unique benefits not offered by alternative digital currencies, including bitcoin, but it also comes with its own set of risks and considerations. Interested investors can benefit from learning the basics of ethereum, as well as the key variables that influence ethers price movements. A platform for decentralized applications, Ethereum was inventedby Vitalik Buterin and announced in early 2014 . At the time, Buterin indicated in public appearances he was keen to createan alternative blockchain-based system that would offer a superio Continue reading >>
3 Tips To Avoid Loss On Bitcoin, Ethereum, Litecoin
Every buy and sell in crypto exchange is driven by FOMO for beginners. Heres few simple steps to avoid it and become a patient & professional cryptotrader. Man I bought in to bitcoin with $2000 at like 17200. The bad things is it will not hit my account until Thursday because I did a bank transfer with Coinbase . So Im at the mercy of the market until Thursday when my account is credited. Wish me luck lol!!! This is a common situation and you must have faced it at-least once if youve started buying Bitcoin, Ethereum or Litecoin on Coinbase . This is a pure case of buying at wrong time due to something called FOMO Fear of Missing Out. Bitcoin rallies on a particular day till $17200 and you just dont want to miss it and hit the BUY button. Next second, its the above quote that runs in your mind! Add funds first and buy later. You wont miss anything. In coinbase, you can link your bank account and deposit funds to your USD wallet. As you know, since its an ACH transfer it could take upto 45 days to clear and show the confirmed deposit in your wallet. When you have amount in your USD wallet, you can buy and sell Bitcoin/Litecoin/Ethereum instantly. This makes you well prepared for the bullish and bearish trends of cryptocurrencies and avoids above kind of scenario. Coinbase Instant This is another feature launched by coinbase to exactly avoid the scenario that we spoke about earlier. Coinbase instant is something which is currently available to users in USA and upto a limit of $25000 With this, you can buy a cryptocurrency with maximum worth of $25000 instantly. That means, you dont need to wait for the deposit to clear or wait for the Bitcoin to be confirmed on Thursday. You buy with Instant and it is available immediately to trade. This increases risk of coinbase signifi Continue reading >>
Ethereum Was A Safe Haven From Yesterday's Cryptocurrency Sell-off And Not For The First Time
Cryptocurrencies were sold off in a big way on Monday afternoon. The mass sell-off was due to an unannounced data adjustment by coinmarketcap.com (CMC). CMC excluded data coming from the South Korean exchanges, making the price of cryptos appear to drop for no apparent reason. Only Ethereum stood out as a safe haven and managed to stay positive throughout the day. A massive sell-off gripped the crypto markets yesterday afternoon. What caused it? An unannounced data adjustment by coinmarketcap.com . CMC is probably the biggest website in the world of crypto. I myself have included their information in these daily updates many times and according to the Wall Street Journal , the website is ranked in the same ballpark as Alibaba . It seems the decision was taken to exclude data coming from the South Korean exchanges. As we've noted several times, the pricing on cryptocurrencies like Bitcoin and Ripple is frequently up to 25% higher in South Korea than it is in the rest of the world. So it seems the CMC felt that their data was being offset by this outlier. The result of this sudden change appeared to many traders to be a sudden drop in the price without any real reason for it, which in turn prompted an onslaught of panic selling. The biggest and most noticeable drop was Ripple, which was already extremely inflated over the past few weeks and was due for a major correction. But the selling soon spread to the entire crypto-market. Only Ethereum stood out as a safe haven and managed to stay positive throughout the day. The good news is that because people figured out pretty quickly that the sell-off was due to a fluke, the prices rebounded pretty quickly. The not so great news is that these sudden movements do seem to be sparking further volatility in the market as well as o Continue reading >>
Ethereum Price Prediction: Should I Buy Or Will Ethereum Crash?
Ethereum Price Prediction: should I buy or will Ethereum crash? Its 2018 and cryptocurrency is everywhere. Youre hearing about it on the news, at work, in the gym, and now even your Grandmother is asking you what it is. Two years ago, it was nowhere near as popular. It was only in 2017 that cryptocurrency really started to be noticed. In December 2017, the prices of cryptocurrencies got really, really high. The popularity of cryptocurrencies increased a lot. The cryptocurrencies that were talked about the most were Bitcoin and Ethereum. Bitcoin and Ethereum price predictions were in the news every single day. The future of Ethereum and Bitcoin were some of the biggest trends on Twitter, and they still are. In this guide, it is the Ethereum price prediction that I am covering. If youre interested in Bitcoin predictions, read our Bitcoin Price Prediction guide . Have a good understanding of how Ethereum predictions work Know what the experts think about the future of Ethereum Know how the Ethereum price has changed in the past Even be able to make your own Ethereum price prediction! Before I get started, you need to know a little about Ethereum. If you think you already know enough about Ethereum, you can skip this part if you want. (Scroll down to How an Ethereum Price Prediction Works). The second biggest cryptocurrency in the world It was the first cryptocurrency to use smart contracts It was founded in 2014 by Vitalik Buterin Put simply, Ethereum is a platform that lets you build apps on the blockchain (like the blockchain that Bitcoin uses). Think of Ethereum as an operating system, like Windows or Mac OS! The smart contracts that it uses are similar to invoices. There is one big difference, though. An invoice is paid manually, so the person waiting to be paid must Continue reading >>
A Beginner's Guide To Ethereum: Buy Ether Now Or Wait?
// -- Discuss and ask questions in our community on Workplace . Ethereum is a very important crypto in the sense that competition is always good for business. Ethereum was introduced in 2013 by a crypto researcher and developer Vitalik Buterin. It is currently the second most popular Cryptocurrency, following Bitcoin and is said to be the next Bitcoin. Ethereum differs from Bitcoin in the sense that it introduced smart contracts to the industry. It has relatively the same qualities as Bitcoin it is open-source and built on Blockchain, which defines its abilities and characteristics. Enabled by Ethereum, a smart contract is a computer algorithm that allows users to build or develop innovative tools and systems to perform various tasks. These smart contracts run on Blockchain and eliminate the need for third parties. It can save one a lot of time and money. The market is very much split in two as the majority of investors put their money in both Bitcoin and Ethereum. Ethereums token that you can trade with on exchanges is called an ether and can be bought or sold not only for Bitcoin, but also for any popular fiat currency like USD or EUR. Some cryptocurrency exchanges even offer an option of converting ETH to GBP , which can now bring you around 340 per coin. Ethereum was forked in 2016, and Ethereum Classic (ETC) was introduced to the market. There are currently talks of another fork for Ethereum Classic that is expected to happen sometime in December 2017. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // In order to determine whether or not it is a good time to invest in a Cryptocurrency, one should keep an eye on the news. News greatly affects whether a coins pric Continue reading >>
Cryptocurrency Sell-off: Bitcoin And Ethereum Performing Better
Most major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren't as bad as much of the rest of the market. All of the top 20 digital currencies by market value suffered double digit losses over the last 24 hours, according to data from industry website CoinMarketCap. For example, ripple was down 26 percent, bitcoin cash was down 19 percent, iota was down over 23 percent and monero was almost 20 percent as of 11:55 a.m. London time. In fact, at their low point on the day, many cryptocurrencies with large market caps saw their prices essentially halved. B itcoin was down 16.5 percent at that time, ethereum was down 20 percent and litecoin was down 19.3 percent, according to the same site. The declines followed speculation in the market about what regulators in Asia may be planning for digital tokens. On Monday, a report from Bloomberg , citing unnamed sources, said Beijing plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading. Last week, South Korean Justice Minister Park Sang-ki said his ministry was preparing a bill that, if passed, could ban trading via cryptocurrency exchanges. His comments roiled the market and subsequently the justice ministry and other sections of South Korea's government have softened their stance. On Tuesday, Reuters further reported that a senior Chinese central banker said authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services. "The entire market cap of cryptocurrencies saw a sell-off post the comments on crypto from the vice governor of the PBOC," Fernando Martinez, VP trader at Hong Kong-based commodities and digital assets trading house Octagon Stra Continue reading >>
7 Reasons To Sell Your Eth Tokens - Eth-usd | Seeking Alpha
Ethereum is the #1 platform for running decentralized applications with strong development activity and active community. High token price of ETH is unsustainable in the long run because Ethereum operates in a perfectly competitive environment and can easily be copied and forked. Ethereum's switch to proof-of-stake consensus mechanism will most likely benefit users at the expense of investors. Scalability problem, criticism of proof-of-stake, rising competition, lack of successful use cases, accusations of being centralized, immaturity as an assets class - reasons for investor to be vigilant on ETH's prospects. According to Nick Szabo (alleged Satoshi Nakamoto, creator of Bitcoin) Ethereum is "headed for either a huge bureaucracy or disaster". "Ethereum-the-great-project": the world computer #1 to run decentralized apps without censorship Ethereum is a super-cool decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. With Ethereum anyone can create a decentralized application (DApp) and even issue a token. Ethereum currently is the number one platform for DApps, with competitors like Neo, Cardano and Lisk lagging well behind. According to the research by Ernst&Young 77% of initial coin offerings (ICOs) are done on Ethereum: Ethereum's ICO market share source: EY ICO Research (December 2017) Users of Ethereum platform pay for the services of the platform using Ether tokens (ETH). Those tokens are paid to the miners to motivate them to support the platform. Total value of Ether tokens today is worth more than 80 billion dollars. ETH is very liquid with daily trade volume totaling almost 1 billion dollars. There are 1176 DApp s being developed on Ethe Continue reading >>
Whatever You Do, Don't Sell
Sorry. I had to be harsh there for a moment. Sometimes investors need tough love, especially when it comes to beating a primal part of our human nature: panic. When investors panic, they hurt their long-term profits, especially in volatile markets heavily influenced by emotion. To explain this concept, I want to tell you the story of how I jumped off a horse to survive a plastic bag. When I was a teenager, my parents used to send me and my siblings to a horse riding camp once a year. It was a glorious event. We each selected a horse and embarked alongside 20 other children on a slow, bumpy trek into the Sierra Nevadas. This event happened year after year without incident until 2007, which was the year my sisters horse saw a plastic bag. Unfortunately for the whole caravan, my sisters horse was in front. When it balked, everyone panicked. So, I jumped, landing on a rock and cracking a bone in my foot. I spent months in a cast, having lost a battle of wits to a piece of garbage. The moral of this story is that we are all victims of our own emotions in relationships, in jobs, and in horse caravans. Which is why you are not going to sell Ethereum right now. Investors who put money into Ethereum should be interested in long-term profits. That means you have to stay steady when the road gets rocky. Digital currency has proven to be as volatile as gold if not more so. We saw Bitcoin drop from a hefty $1,300 to a pathetic $213. Now it is back at $1,650 and investors who sold feel like fools. Last night, Ethereum had its volatile moment. The digital currency plummeted in value on currency exchange Kraken a dip that caused thousands of investors to panic sell. Instead of jumping off the horse, lets take a second to talk about what is going on. On May 7th, Kraken was bludgeoned b Continue reading >>
Should I Sell My Bitcoin Now Ethereum Atlanta
Should I Sell My Bitcoin Now Ethereum Atlanta Larren founded several companies in the internet, including Accurate Reputation, the online reputation management firm. Poloniex Soecial Security Best 1 Cent Crypto in and the Should I Sell My Bitcoin Now Ethereum Atlanta network Adconion to Singapore Telecom in Estimates predict that the final bitcoin will be mined at current technology progress by Be careful with the paper wallet since it holds all the funds sent to that Litecoin address. Bitcoin will remain a source of value and other blockchains more suitable for general or everyday use will surface to the top. When the supply of foolish speculators dries up the value evaporates often very quickly. It is because of inflation. Although the current king of crypto, Bitcoin has a fair amount of technical flaws. Apps like Kazaa and Napster removed the need for a central file sharing website and empowered the average person to share their data with the world. Nick Spanos is co-founder of Zap. Decentralization is changing the world, join in or get left. People often ask what they can use How To Margin Trade Binance Crypto Trading Lowest Commissions . Cybercrime is annually a half-trillion dollar enterprise and growing. Also, as Wall Street institutions and their counterparts in other countries get involved, the ways to access Bitcoin will grow significantly. Bitcoin will become mindfully iterative AI. Coin Clear turns your daily spending habits into cryptocurrency investments. It is a self-fulfilling prophecy. AOL rapidly lost market dominance to Google. This again will create more demand than available supply. Want to buy Bitcoin? Anyone could have their own flavor of Bitcoin. This is familiar territory to me. Learn how to move the digital currency using the private key and e Continue reading >>
When Should I Sell Ethereum?
Answered Dec 7, 2017 Author has 1.9k answers and 1.1m answer views You should sell your Ethereum when you need money or when you have reached the profit you aimed for. But as long as you can HODL, you should HODL. Personally, I think Ethereum is the cryptocurrency with the most potential. I will not sell before it reach $2 000 or $3 000. Smart contracts are a true killer feature. Something that can change the world. Nobody has any idea of all the possible applications of a such disruptive technology. We have seen p2p loans, digital decentralized autonomous organization (DAO), and ICOs, but it is only the beginning. Currently Ethereum is number 2, but one day it will be number 1. Because from a technological perspective it is far more superior. Answered Jan 27, 2018 Author has 87 answers and 31.7k answer views The decision is up to you depending on your needs. Ethereums value is increasing steadily and it could be more in a few more years. If you want some money urgently you can sell it now. If you think you have reached your set profit price you can sell it as well. If you have no urgency or requirements of money, wait for awhile. Better option for you learn trading and understand the concepts. As you have been involved with Ethereum. It is a good source of profit if you trade efficiently. In fact many people day trade Ethereum and make a living from it. Continue reading >>
Should I Sell My Ethereum For Btc Till 16 November?
Should I Sell My Ethereum For Btc Till 16 November? Should i sell my ethereum for btc till 16 november? Should i sell my ethereum for btc till 16 november? But i am selling my other coins for btc.. will btc give me much profit? For me it would be too risky. There is quite a chance that bitcoin isnt rising anymore now. Furthermore there are still chances that there will be no 2nd Bitcoin at the fork on 16. November. I just would hold I dont know the tax situation in your country, in my country we dont pay taxes if we hold > 1 year. So i just hold and dont wanna risk anything Should i sell my ethereum for btc till 16 november? But i am selling my other coins for btc.. will btc give me much profit? This is a risky move and could really backfire. First of all I would suggest you not to expect to sell whatever coin is generated from fork for any reasonable value. Then I would suggest you be prepared that Bitcoin may drop significantly either during or just after the fork. Then there is risk that Ether may explode in value during the same point. It of course could be the complete opposite and Bitcoin explodes, generated coin explodes and Ether dumps. This is a risky move and could really backfire. First of all I would suggest you not to expect to sell whatever coin is generated from fork for any reasonable value. Then I would suggest you be prepared that Bitcoin may drop significantly either during or just after the fork. Then there is risk that Ether may explode in value during the same point. It of course could be the complete opposite and Bitcoin explodes, generated coin explodes and Ether dumps. This will be a double edged sword for making such a move : either you gain a lot or you'll lose a lot ! I'm 90% sure that it's price will significantly drop after the fork. I'm o Continue reading >>