Post
Topic
Board Altcoin Discussion
Re: Ethereum coins - Too late?
by
TrueCryptonaire
on 02/11/2017, 20:14:23 UTC
No.  Its not to late. After months of intense growth, Ether has hit a wall and flatlined.
There's still opportunity for its growth, but also doubt as it works out its future uses; Proof of Stake, EEA, transaction speeds.
Other tokens and coins will influence the price of ETH; and right now is influencing it toward the negative.
Anyone that’s being attentive in the cryptocurrency space lately knows about Ethereum—or its tradable coins, Ether. It’s become a sturdy second-place name after Bitcoin, and though it hasn’t reached the broader popularity of the other (still synonymous with crypto in full), it’s got a large community that’s growing by the day.

And for good reason. In the last three months, ETH is trading at 600% of its early April-price, and was at 10x when ETH approached $400 in late June.

After months of intense growth, however, it’s stabilized and experienced its most significant drop in value (per ETH and market cap) in its entire history.

Yet, new speculative investors are hearing about Ethereum, Bitcoin, and other coins, by the day (one popular trading platform said it had a million new users sign up in June). So, is it too late to hop on and earn from an Ether investment?

No, it’s not.

But I think the days of growth that ETH saw in May and June are not going to be coming anytime soon.