Post
Topic
Board Altcoin Discussion
Re: Is this a right time to buy some ethereum?.
by
masterrex
on 19/10/2021, 10:56:21 UTC
Ethereum looks very Bullish now and likely to hit 4K in few days if Bitcoin remains Bullish. Once Ethereum's major upgrade occurs sometime in late 2021 or early 2022, one simulation estimates that the circulating supply of Ethereum could shrink by around 1.4% each year at current rates of fee burning. Is this the right time to collect eth and wait till upgrade happen?.

I don't think so, with all of the problems in the background and the continuous user/Dapp's developer's exodus, I believe Ethereum has become riskier of dumping, more than before due to many whales that control it now. the monstrous fees on Ethereum Network are the living testament that Ethereum will no longer be the Blockchain of the masses. All of those so-called upgrades are useless. if the masses can't use it because the fees are so expensive. and that's my opinion about it.