Lets talk about Ethereum and its value.

CryptoGuru Level X³

November 2, 2016, 5:56 pm

8

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So many alt currencies are popping up and becoming available to trade and invest into. One of the top alt currencies to date in Ethereum and its actually the top performing cryptocurrency of 2016. The current value is about 10.50 and the price fluctuates about 1 dollar on a daily basis. When it comes to trading this currency has a high return. You could really make alot of money or lose alot in a short period of time. Ethereum worth investing into? I would say yes but you have to be careful because it could fall back below $5 a coin. Earlier this year ETH was below $3 and inflated all the way up to $14. Soon i will post more about ETH and maybe Dash coin. Making the rite investment is key to success.

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Lynne

Lynne

Jkeyz2 I was actually going to ask you about Ethereum since I saw it on eToro too and I have been stumbling across it before. Obviously Ethereum is not as valuable as Bitcoin. It seems Bitcoin is by far the leader when it comes to crytocurrency?

I would love to know more and whether you think this would be a great investment. Do you think it will ever catch up to the value of Bitcoin?

10 years ago

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CryptoGuru

CryptoGuru

Bitcoin is the king of crypto and i don think it will be knocked off of its thrown anytime soon. Is it possible for ETH to pass BTC? The answer to this question is yes it can! This happening is very unlikely though as Bitcoin has already proven itself to the real world and fiat currencies. ETH has a long way to be widely accepted as Bitcoin but its also a great coin to invest in as far as trading goes. If you wanted to do a long term investment i would stick to Bitcoin as the main one.

10 years ago

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Lynne

Lynne

Thank for confirming what I already thought. I mean Bing could surpass Google one day, but once again its not likely is it?

10 years ago

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Corzhens

Corzhens

I think Bitcoin is the first crypto currency and it now has a very high value while Ethereum is just starting. But I still wonder how those crypto currencies will fare in the future because how can we trust a pseudo currency that we do not know where it is coming from. The US dollar is legal tender which means it is issued by the government and its value is backed up by the government. Who or what is backing up the value of Ethereum?

8 years ago

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Cristian

Cristian

Oh, this is what I'm talking about! Get them while they're still young! I had no luck with bitcoin and I didn't recognize its potential back in the day, I feel like I've missed that train so anything fresh from the crypto currency world is highly interesting to me!

I remember a lot of experts claiming that bitcoin isn't really "the one" and something else will come along to take over and be a real worldwide digital currency so maybe Ethereum will be it, although it has a funny name and lots of coins born and die in short periods of times.

10 years ago

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CryptoGuru

CryptoGuru

Cristian i think ETH is here to stay and the reason i say that is because they have a large following and group of investors backing them. Ethereum is still the largest and only crypto currency to be crowd funded in the way that it was. Is it the next Bitcoin? I don't think so although it does serve its own purpose in the crypto world. if you wanted to get into a cheaper coin i would say that Litecoin or LTC would be your best investment. Currently under $4 a coin you will be able to buy more for your money and the increase can be very small but your profit gains very big. Something to think about i trade many different currencies and i see short term value and long term value in any given coin.

10 years ago

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