Post
Topic
Board Altcoin Discussion
Re: do ethereum compete with bitcoin?
by
yudayaurelia
on 16/07/2018, 16:24:50 UTC
Ethereum prices, the technology used by global banks in their blockchain trials are priced very tightly with bitcoins. In the fields that the price of Ethereum will continue to rise due to the market demand is so strong.
Ether, the currency that represents Ethereum in the cryptocurrency market, has rocketed 40 percent in 24-hours and 100 percent in the last week. Currently sitting at 0.0126 a Bitcoin ($ 4.78). Commonwealth Bank of Australia, HSBC, UBS and Credit Suisse are part of an 11-member group called R3 and explore how blockchain technology can enable them to safely transfer money and other assets over the internet, safely and very quickly.
And maybe this will be an alternative to Cryptocoin that will be popular like its bitcoin, and if it is going to be an exciting competition because the new coin will have a positive impact on technological developments in the world in digital currency.