Post
Topic
Board Altcoin Discussion
Re: Ethereum is in an artificial bubble
by
BitcoinHodler
on 05/05/2016, 07:35:20 UTC
I don't understand why so much money is flowing into Ethereum. Given that Ethereum is inflationary, and therefore has no fixed supply - it seems like a terrible long term investment. Can someone please explain why so much money is getting pumped into it right now?

Ethereum is inflationary at the moment. The inflation is 26% a year. From the next year, when it becomes PoS, the inflation is much lower.

I heard the total amount will be kept below 100 million next year. So the price could rise when that become effect.

it is for the same reason why there always been money flying around all over the altcoin market, it is because of pumps, whenever there is pump a lot of traders rush to the market to put their money down and catch the rocket to the moon.
it is all the hype that causes the rise and falls.