Ninjastic
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Board Speculation (Altcoins)
Re: demands on Ethereum
by
carlfebz2
on 04/10/2019, 15:03:18 UTC
Quote from: aliceHortrex on October 04, 2019, 02:20:12 PM
Quote from: S4VV4S on September 16, 2019, 05:38:44 AM
Quote from: nira09 on September 16, 2019, 03:45:50 AM
Quote from: Kang TB on August 30, 2019, 02:32:02 AM
Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether.
i hope this news will be good for eth price, and make the price grow more than $200 again

yes, that's good news but it doesn't have a significant impact on the increase in Ethreum prices, because I think before the article was published, many Muslims had invested in Ethereum and other Cryptocurrency.
Indeed it has no effect on Ethereum prices even I see Ethereum prices are still stable until now. The halal label on Ethereum only gives relief to the majority of the world's Muslim population who use Ethereum as their investment asset.
Yes, religious preferences probably should be at the first coins in the cryptocurrency market. Ethereum’s worldwide recognition will force literally everyone on this board to buy this coin. And soon it will probably happen.
Not still a sure thing though and i dont know why people do really make this a big discussion yet even its already being declared to be "halal" will give out some effects into its price. We know that Muslims do have their own religious beliefs but considering on numbers even they do all plan to invest,i dont see a big jump on the price but at least we are seeing some recognition and adoption here.It might not directly goes with BTC but at least we are talking up some crypto on here and possibly later on they would reconsider btc into their list.For now on this bearish market it is really hard to jump in the price.