Is Ethereum Still A Buy At This Price?
Long/short equity, value, growth at reasonable price Ethereum set an all-time high by breaching $1,000. Expect to see significant resistance at the $1,000 mark short-term, but dont hesitate too long to buy. Key metrics show that ETH adoption is leading the crypto industry. After highlighting Ethereum in my previous article , it managed to shoot up and breach the epic $1,000 mark today before dropping back down to mid 900s at the time this article was written. In that article, I talked about the tech behind ETH and how it is poised to be the top Blockchain platform of 2018, potentially stealing the spotlight from Bitcoin ( COIN , OTCQX:GBTC ). In this article, I will focus on some key metrics that lead me to believe that ETH will be a breakout performer once again in 2018. For those of you short-term traders out there, expect to see ETH bounce around below $1,000, as it encounters significant resistance at that point. Psychologically, $1,000 is a powerful barrier that will scare off some investors, as people are still wary of paying $1,000 per token for a digital asset. In addition, we are very close to the $100 billion dollar market cap figure as well, so this is another mental milestone that may take some time to cross. However, this barrier has already been breached, in a way. As you can see below, ETH is trading at an incredible premium on South Korean exchanges that far exceeds the $1,000 mark. Since the South Korean exchanges require proof of residence to trade on their exchanges, there is no arbitrage between those exchanges and outside markets. (Imagine what the price is in North Korea! Source: Coinmarketcap.com ) To top it off, Ripple has recently exploded to overtake Ethereum and achieve a market cap of $124 billion dollars. The $100 billion dollar mark is no Continue reading >>
Should I Buy Ethereum Now Or Should I Wait?
Answered Mar 7, 2018 Author has 156 answers and 50.9k answer views Yes you can buy. The thing with Ethereum is, if you are a trader or an investor, it doesnt matter when you buy. What matter is how you sell it. Top 3 Multi Currency Wallet for all Cryptocurrencies Millions of people buy Ethereum everyday, making Ethereum the most demanded and the most sold cryptocurrency. This is a plus point for traders. Ethereum traders sell and trade Ethereum on the top exchanges. With millions of people ready to buy Ethereum everyday, you can easily make multiple trades in a single day. Making yourself amazing profits. Ethereum Exchange : Beginners Guide to Ethereum (Cryptocurrency) Exchange Im a day trader and Ive been trading Ethereum from a very long time. Trading Ethereum helps me take care of my living. Many people think trading is difficult, but in-fact the the process is really very simple. Youll require to know the techniques and strategies to make good trades. Continue reading >>
Ethereum Will Pass Bitcoin In 2018: My Cryptocurrency Investment Portfolio
product leader, e-commerce expert, writer, blockchain, 95percent.io contributor Ethereum will pass Bitcoin in 2018: my cryptocurrency investment portfolio In the last few days, many have asked about my investment strategy and portfolio mix after writing 95Percent s: Blockchain Technology . After much deliberation, in this post, Ive decided to share my holdings with you. Perhaps more importantly, Ive decided to also share my underlying philosophy. As a reminder, I know nothing. None of this should be construed as investment advice, and you should do your own research before making any investments. I would be financially okay if I lost all of my invested money: you should make sure you could survive a total loss before investing any funds. But enough of that, how should you approach investing in cryptocurrencies? First, I advocate creating your own investment tenets. Tenets are also a crucial aspect of the product management process. I recommend creating tenets before diving into any business, project or problem. Each tenet expresses the conflict arising from two (or more) competing philosophies Each tenet ultimately demonstrates preference for one philosophy over others Most people have their own philosophies and preferences, but they dont write them down. Writing them out is crucial because it crystalizes your thinking. Tenets are helpful when times are good and indispensable when things get tough. You should debate your tenets heavily with family, friends, and yourself. Below I share five of my cryptocurrency investment tenets: Jasons Cryptocurrency Tenets [January 2018] 1) I will prioritize platform investments (think Ethereum) over application investments (think Dash). Strong infrastructure scales and changes the world. Successful applications are hard to predict an Continue reading >>
Everything You Need To Know About Ethereum
Everything You Need to Know About Ethereum From catalysts to concerns, here's your one-stop guide to all things Ethereum. Cryptocurrencies have been unstoppable this year. When the calendar does finally change to 2018, this year could go down as the single greatest year of gains for any asset group that investors have ever seen. Cryptocurrencies take center stage in 2017 When the year began, the aggregate value of all cryptocurrencies combined was $17.7 billion. As of Dec. 17, the more than 1,300 tradable cryptocurrencies had a combined market cap of $594 billion. For you math-phobic people, that's a return of more than 3,200%, which has taken the S&P 500 decades to deliver to investors. In fact, many of the largest cryptocurrencies have left even the best-performing stocks in the dust this year -- so much so that a side-by-side chart comparison between a virtual currency and a traditional equity makes the return of the equity look like a flat line. Bitcoin is often credited as being the driving force behind the march higher in digital currency, and with good reason. It's the world's most popular digital currency with merchants, and was also the first tradable cryptocurrency. It also doesn't hurt that bitcoin comprises nearly 55% of the aforementioned $594 billion market cap. It has a ton of influence over the movement of virtual currencies. However, the bizarre truth is that bitcoin has drastically underperformed its peers in 2017. Though its coin has rallied to nearly $20,000 after beginning the year at $967, many of the top 10 cryptocurrencies by market cap have gains of 6,000% to over 10,000% year to date. Virtual currencies not named "bitcoin" is where the interest and action has been all year. And arguably at the top of the list of most popular non-bitcoin crypto Continue reading >>
Bubble Or Not: Should You Buy Ethereum Now?
Bubble or Not: Should You Buy Ethereum Now? From being digital money acknowledged by very few, cryptocurrency has turned into a lucrative investment opportunity now. For investors who are in search of expanding their portfolios, cryptocurrencies such as Bitcoin, Ethereum, and other altcoins offer a great option. Ethereum, which is valued at around $1000 in 2018, is among the cryptocurrencies that are considered as a good investment. While there is a widespread belief that the cryptocurrency bubble is about to burst, is it wise to buy Ethereum now? Let us consider the pros and cons of investing in the cryptocurrency. Ethereum uses blockchain technology like Bitcoin, but it differs in the way it is utilized in different applications. Ethereum digital platform is a brainchild of Vitalik Buterin. Founded in 2015 , the Ethereum token, Ether (ETH), started to be used for all transactions within the Ethereum blockchain. Ethereum is, therefore, a financial system that is independent of government intervention and oversight. Ethereum has an exclusive programming language that helps developers create software which is used to automate and achieve specific results by blockchain transactions. The software created is named as Smart Contracts . Just like a conventional contract helps to lay down the specific conditions of an agreement, the Ethereum smart contract helps to ensure the terms are met with the help of code. The software executes an agreement when the predefined terms are satisfied. Thus the contract helps cut the costs and avoid delays that are often involved in manual transactions. While this is a basic concept, it can be expanded to encompass complex settings with endless potential for use in property, legal or financial services as well as insurance and other fields. 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 >>
Top 3 Reasons To Buy Ethereum
Download your FREE report now: How To Invest in the Coming Bitcoin Boom Ethereum is the most promising technology investment out there. It's quickly proving to be one of the most profitable investments of all time. Since its birth in 2016, the digital currency has grown by over 1,100%. On its way up, it has made paupers into millionaires. And its growth is accelerating. If you had bought Ethereum in February, you would have tripled your investment by now. At Ethereums current growth rate, $500 dollars can be expected in the near future. Digital currency analysts think that we could see $500 before the close of the year. In the long-term, the currency is projected to enter the thousands. That means if you want to get in on this investment, you need to buy now. For those of you who dont know what Ethereum is, it's important to understand that it is much more than a digital currency. Ethereum is an open-source network. It is far superior to any other blockchain network. (I will go into the details of blockchain in the next section.) For now, know that when you purchase Ethereum, you are actually purchasing the networks digital currency, Ether. Ether powers the Ethereum network so by purchasing it, you invest in the network itself. Hence why all the coin exchanges use the coin's network name, Ethereum. This means that every time you buy Ethereum, you are putting money into the most powerful network that currently exists. And the potential for that network is endless. For the investors who are still speculative, the Ethereum facts detailed in this report should put you at ease and have you rushing to the exchanges. Ethereum has more applications than bitcoin Ethereum is backed by fortune 500 companies Ethereum is being incorporated by financial institution Ethereum has more Continue reading >>
3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide
Last updated on December 14th, 2017 at 08:16 am Note:If youre looking to buy Ethereumfor trading purposes only you may want to check out Plus500 Ethereum CFD trading. Keep in mind that when trading CFDs your capital is at risk. Lately there has been a lot of talk about the hottestaltcoin in the community Ethereum. Ethereum is a cryptocurrency and a blockchain platform with smart contract functionality. Its basically a decentralized platform for developers to build apps on top of and it was invented by Vitalik Buterin in 2013. Ethereum can be used to codify, decentralized, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property. Well, Ether is the currency of the Etherium platform. Etherwill be required by anyone wishing to build upon oruse the Ethereum platform. Just like BItcoin, Ether can be traded around the web and mined. In a second Ill show you exactly where you can buy it. Most people use the term Ethereum to refer to the currency instead of Ether and thats why it can get so confusing. The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale of the currency. The results were roughly: 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 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasnt included (called uncle/aunt reward) The founders of Ethereum state that Ether is not a currency as much Continue reading >>
How To Buy Ethereum | Digital Trends
Posted on December 22, 2017 - 6:00AM 12.22.17 - 6:00AM As much as bitcoin has shown amazing growth over the past few months , its been followed closely behind by some of the other popular alternative cryptocurrencies , the so-called alt-coins. One of the most exciting of those with an intriguing potential for the future, is Ethereum. If you want to get on that gravy train now, heres how to buy Ethereum. Proposed as a potentialsuccessor to bitcoin in 2014, Ethereum and itscryptocurrency token, Ether , offer some interesting features which could make the platform a better transactional medium than some of its contemporaries. Smart contracts make fraud and censorship even less likely than with other cryptocurrencies and the Ethereum blockchain is great for crowdsourced funding that doesnt require a third-party middle-man like Kickstarter or IndieGoGo. But whether you want to dig into the technicalities of what Ethereum and Ether are, or whether you just want to buy some to make some money out of it, in this guide well walk you through the best ways to do so, so you can get together your own collection of ETH in no time at all. Arguably the simplest way to buy your first Ether is through an exchange platform. They do all the hard work of checking prices and making the actual transaction for you. Although Ether differs from bitcoin and other cryptocurrencies in a few ways, using an exchange makes the practice of buying it no different. But which exchange should you choose? There are tens of popular exchange platforms and each of them is a little different from one another. The simplest suggestion is to pick an established and insured exchange with full support for Ether trading like Coinbase , Kraken or BitStamp , but you can always use Bitcoin.coms exchange page to sift th Continue reading >>
2017 Was Bitcoin's Year. 2018 Will Be Ethereum's
2017 Was Bitcoin's Year. 2018 Will Be Ethereum's Dec 27, 2017 at 12:45 UTC|UpdatedDec 27, 2017 at 20:58 UTC Jez San is CEO of FunFair Technologies, an ethereum-powered casinoplatform. A vocal supporter and critic of blockchain technologies, San wasalso a pioneer in real-time, 3D games. The following article is an exclusive contribution to CoinDesk's 2017 in Review series. As a long time investor in bitcoin and cryptocurrencies, 2017 has been remarkable. But it's important to remember, this is really just the beginning. Despite the valuations, major protocols remain deficient in delivering value to users. Bitcoin with it'shigh fees and slow transaction times is hardly suitable for payments - spending the same fee whether you buy a coffee or send $100,000 is a joke and thepromise of scaling solutions such as the Lightning Network hasn't been fulfilled. Suffice to say, its new positioning as a store of value is precarious, even if,judging by the huge uptick in bitcoin price, the store of value narrative is winning for now. While there's no shortage of old and new believers to keep the party going, along with plenty of developers working to create better, forked versions of bitcoin, I'm betting my chips on a more flexible alternative. The door is wide open for blockchains that use smart contracts , like ethereum, and I believe their potential market dwarfs that of "store of value" chains. Platforms like ethereum are an operating system for decentralized finance and commerce. Think of bitcoin as DOS and ethereum as Windows or Mac OS. There is nothing wrong with DOS. It came first and was an essential part of the computer's success. Us geeks grew up on DOS, but computers only went mainstream when Windows and Mac OS appeared.DOS is difficult to learn, tricky to program and fe Continue reading >>
Bitcoin And Ethereum Price Has Peaked, Billionaire Says | Fortune
About two months ago, hedge fund billionaire Michael Novogratz made a bold announcement: Hed put 10% of his net worth into digital currencies including Bitcoin and Ethereum. But a lot can happen in a couple of months. Specifically, the price of Bitcoin has more than doubled, and the Ethereum price has multiplied six-fold. So around the time the cryptocurrencies reached all-time highs earlier in June, with the Bitcoin price hitting $3,000 and Ethereum breaking $400 the following day, Novogratz thought the current crypto boom had topped out. He sold a bunch of his digital coins. I think the market had a spectacular run, and trees dont grow to the sky, Novogratz said this week, speaking at CBInsights Future of Fintech conference in New York. So I probably still have roughly 10% of my net worth in crypto, but its been scaled way back. I own a lot less coins, theyre just worth more, Novogratz added. His call turned out to be well-timed. Just days after setting record prices, Bitcoin and Ethereum crashed as much as 25% in just 24 hours. Ethereum kept right on falling, at one point trading 46% off its high and thats not even counting last weeks flash crash in which the price briefly plummeted to just 10 cents. Cryptocurrency traders have become accustomed to their prices violently whipsawing up and down in waves a 30% drop in the Bitcoin price in May preceded its recent peak by about two weeks but the current downdraft appears more sustained. Though the cryptocurrencies, rooted in a technology system known as the blockchain, have each since recovered some of their losses, they have yet to come anywhere close to their highs. Now, Novogratz, who formerly ran a hedge fund at Fortress Investment Group and now invests in blockchain companies, thinks the cryptocurrencies have peake Continue reading >>
Ethereum Price Prediction 2018: Is It Too Late To Buy Ethereum?
Ethereum price prediction 2018: Is it too late to buy Ethereum? Ethereum had a huge 2017, growing almost 10,000% to have a market cap of over US$90 billion. Can it keep this growth up? Many people believe that Ethereum is the future of the Internet , given its meteoric price rise in 2017. This belief is still there, and many new Ethereum-based companies and products are popping up almost daily. Ethereum-based ERC-20 token ICOs also exploded in 2017, with thousands of businesses raising funds this way. This was responsible for much of Ethereum's growth. The rise of Ether-based decentralised applications Ethereum-based applications were one of the biggest factors behind Ethereum's meteoric rise in 2017, and this is set to continue into 2018. There are some researchers who believe that over the next two years we could see a 10x increase in the amount of Ethereum-based applications on the market. These applications are looking to use Ethereum's blockchain technology in just about every conceivable industry. Due to this, many backers of Ethereum believe that it is the future of the Internet and will make everything decentralised. The more Ether-based apps, the more Ethereum's ETH token is worth While many Ether-based companies have since created their own Ethereum ERC-20-based tokens, which are listed and able to be traded themselves, the core ETH coin still makes the most. Despite these Ether-based applications running on their own tokens, the applications themselves still rely on ETH as "gas" to keep them running on the Ethereum network. When people buy tokens for these companies, they usually do so by purchasing them with ETH, and as more of these companies pop up and the demand for ETH increases in order to get access to them, so will the price of ETH. Dont miss out! Da Continue reading >>
How Do I Buy Ethereum?
By Nathan Reiff | July 6, 2017 11:32 AM EDT In 2017, Ethereum has grown at an incredibly rapid pace . In fact, the second-largest cryptocurrency by market capitalization may be poised to take over the top of the list, displacing Bitcoin to become the most prominent cryptocurrency in the world in a phenomenon known as the "Flippening." (See also: "The Flippening": Will Ethereum Take Bitcoin's Place? ) Additionally, Ethereum's coin, ether, has grown in value by dozens of times since the beginning of the year, and some analysts believe the cryptocurrency market still has new heights to achieve in the weeks and months to come. For all of these reasons, more and more investors are becoming interested in adding Ethereum to their portfolios. Here is how you can incorporate Ethereum into your investments. Like other cryptocurrencies, Ethereum must be purchased and sold via an exchange online. There are a number of these services that are available and are considered highly reputable. Some of the most popular include Coinbase, Kraken, Bitstamp, and Gemini. Before you can get started trading Ethereum, you'll need to pick an exchange and create an account. Any reputable exchange will require that you verify your account in one or more ways. You'll likely need to upload a number of documents to verify your identity and ensure that your account passes regulatory muster. Verification will typically take a day or two, depending on how popular and busy the exchange you've selected is. You'll next need to deposit fiat currency into your account, typically via bank or wire transfer. This may take another few days in order to ensure that the money clears. With a verified account and money deposited into that account, you'll be able to begin purchasing Ethereum and other cryptocurrencies Continue reading >>
3 Cryptocurrencies That Outperformed Ethereum In 2017
3 Cryptocurrencies That Outperformed Ethereum in 2017 One lesser-known virtual coin is up nearly 170,000% this year. It may be the holiday season, but cryptocurrencies have been playing the role of St. Nick for virtual currency investors since the beginning of the year. When the calendar turned to 2017, the aggregate value of all cryptocurrencies combined was a mere $17.7 billion -- and bitcoin made up well over 80% of this value at one point. However, as of Dec. 14, the total cryptocurrency market cap had soared to $515 billion. For you math-phobic people, that's a return of more than 2,800%. For investors who've held throughout the entirety of this volatile year, they've possibly seen a lifetime's worth of gains. It's time we gave props to Ethereum and its 8,500% return A lot of credit is often bestowed on bitcoin for fueling this digital currency rally, and with good reason. Bitcoin was the first tradable cryptocurrency, and it's the most widely accepted by merchants. Even now, with an aggregate market cap of $515 billion for all virtual currencies, bitcoin comprises 56% of that total. But this rally is about more than just bitcoin. It's about the emergence of other coins and underlying blockchains that have the potential to effect positive change. Perhaps no cryptocurrency has stolen the spotlight from bitcoin in 2017 more than Ethereum. The Ether token has rallied by 8,500% this year, pushing Ethereum's market cap to $66 billion. Why the newfound love for Ethereum among investors? It mostly has to do with Ethereum's blockchain. Blockchain is the infrastructure that digital currencies are built upon, and they're responsible for logging transaction data in a digital, distributed, and decentralized ledger. There are a host of advantages to blockchain technology, incl Continue reading >>