Post
Topic
Board Speculation (Altcoins)
Re: ETH still going higher as our anticipatiion
by
Silberman
on 27/08/2020, 17:35:53 UTC
looking at the ethereum chart it looks like we will see real prices from ethereum, so I think eth will remain strong and eth will remain in the ideal trend pump path this year.
In recent days, the price of ethereum has dropped slightly, with many complaining about the high gas charges when moving ethereum and its tokens. This problem has now been resolved, as the ethereum team has created a second-tier OMG network to support USDT transactions and this has reduced the load on the general ethereum network. At the same time, the payment for gas decreased by 70 percent. This should be an additional incentive for the price of this coin to rise.
I don't see how this is related to an increase in price, without a doubt such an improvement is always welcome and the reduced fees are a good news for anyone that is trading but that is all there is to it, for the price of ethereum to keep going up when it is already so high we will need a lot more than that and I have my doubts that will happen, I just hope that if we see a decrease in the price it is a slow one because if we see a crash I have no doubt that many of those that are using leverage trying to earn a fortune with ethereum will go bankrupt.