Post
Topic
Board Economics
Re: Major Cryptocurrency Investors Are Betting Heavily Against Ethereum
by
SimpleBitMaker
on 26/07/2018, 07:21:27 UTC
Quote

Some data suggests that few investors are closely monitoring Ethereum’s technological progress. Casper and Plasma are two technical updates that will help speed up Ethereum transactions. “Casper and Plasma publish their meetings, and they still have less than a few hundred views on YouTube,” Young says. “I don't think most people are either taking the time or have the technical background to really understand.”


Thanks for sharing this. This part in particular is a little bit worrying to me. We know a lot of people have jumped into crypto doing little or no research, and that contributed to all that volatility in such a short time.

I myself am into Ethereum but am starting to have a few doubts after seeing this. A speculative price cannot hold up against an actual price if there is nothing fundamental backing the asset, and that might be the case for ETH if this scaling problem is in fact an issue. However, this is just one side of it like you said and more research is needed.