Post
Topic
Board Altcoin Discussion
Re: With BTC/BU fork around the corner, what would be a good hedge?
by
mining1
on 24/03/2017, 20:55:27 UTC
ETH is an option as well, but that one seems a bit too much pumped lately.

The chart looks like possibly $200 coming (nothing is guaranteed of course). The pump had only just begun from ~$20 level.

Also there are apparently a lot of development announcements coming and ongoing. A lot of activity at this time. Many ICOs announced. Raiden LN prototype almost complete. Metro upgrade coming, etc.

Some smaller caps might pump more though.

The BTC flow started when ETH was around 30$. Below that the value raised mostly because of the EEA. I think the icos will have the least impact on price. The biggest impact will have these, not necessarely in this order: raiden, metropolis, and random positive news that seem to appear out of nowhere because these corporations/institutions will never officially announce they work on ethereum. Like United Nations (on their official site they dont explicitly say ethereum but the picture says it all):
https://insight.wfp.org/what-is-blockchain-and-how-is-it-connected-to-fighting-hunger-7f1b42da9fe#.ubr4yabrj
https://www.ethnews.com/the-un--capitol-hill-learn-all-about-ethereum
https://www.ethnews.com/the-world-food-programme-wants-to-recruit-ethereum-in-the-fight-against-hunger

It's weird that andreas antonopolous, a bitcoin maximalist, wants to talk at devcon 3@ethereum. What do you think of that ?