Ethereum found a fair price - but for a long time? Analytics cryptocurrency ETH for March. Forecast of the course and development of the ETHEREUM project forecast for ETH
The recent collapse of the cryprot has strengthened faith to ether. This currency was the only one who demonstrated the nature when the rest, including the "Mastodont" named Bitcoin, collapsed under his own weight. Casper protocol, Enterprise Ethereum Alliance (EEA) and Applications based on Ethereum are some of strong Parties This crypt that will help him rise in 2018. Do not switch.
But first, let's see back to the events of January, to understand why all of the air showed himself the best soldier in this bloody cryptobane.
Why ether perhaps the best cryptocurrency
The recently massive drawdown in quotations cryptocurrency frightened investors is so much so that investing in a crypt has become associated with Kamikadze, who put the hand in the mouth of the lion. And this is all the grounds. To see them, let's remove the pink glasses for a moment.
Yes, the blockchain is a revolutionary technology that will leave the mark in history - there are no questions here. However, cryptoobal 2018 showed that not all the cryptocurrencies based on the blockchalter justify the cost that they were attributed to the prospects for the bulls.
In fact, many bullish cryptoin investors have already thinned the ammonia, and come to themselves. And at the same time they take the fact that most cryptocurrency in ten years will disappear from the horizon.
Take for example at least Barry Silbert (Barry Silbert) from the Digital Currency Group. His company launched the largest Bitcoin Foundation, Bitcoin Investment Trust, and is now working on the start of GRAYScale Digital Large Cap Fund, one more investment Fund With five cryptoactivities. Two tops among them are Bitcoin and Ether.
According to Silbert at the market summit Yahoo! Finance Last week, in the long run there will be only one "digital gold", and only one cryptomone, providing users with anonymity. He also believes that there will be only one main platform for smart contracts.
When we hear the "Home Platform for Smart Contracts", then, naturally, we think about Ethereum. In the end, besides Ethereum itself, people speak only about the "Ethereum analogues", "Ethereum competitors" or imaginary "Ethereum killers". Simply put, they are all secondary after the battlegrounds. Ethereum remains the leader in this niche.
Why should it be supervised to Ethereum after cryptoobal?
Historically, altkoins moved in tandem with Bitcoin. Where the bertok, there and they. To this day, most quotes in this market are particularly dependent on anyway from BTC. Bitcoin holds crypton in the iron fist of its influence. This is a kind of wind that inflates the sails of cryptocoelas or can smash them overnight about the rocks.
However, in January, when Bitcoin and other crypt were shaken, two points rushed into the eyes at once, in which the quotes of the ether did not follow for BTC. Despite the massive drawdown during almost all of January and the beginning of February, the ether, among the few other cryptocurrencies, in general, remained in the green zone.
So, what is such an Ethereum in ourselves, why is investing interest in it rises? Below are three factors that have turned the ETH to the top cryptocurrency.
Enterprise Ethereum Alliance
To begin with, we note that the most the main reasonAccording to which the ether stands out among the rest of cryptographic, is its partnerships with companies through Enterprise Ethereum Alliance.
This very item in which over 500 prominent members is already consisted, set himself the goal of exploring Ethereum among world corporations. The fact that such honorable gentlemen are in its ranks, like Microsoft Corporation (NASDAQ: MSFT), Samsung, Jpmorgan Chase & Co. (NYSE: JPM), Intel Corporation (NASDAQ: INTC), Cisco Systems, Inc. (NASDAQ: CSCO) is enough to perceive Ethereum seriously.
And despite the rest of prominent cryptomones, like Ripple, which conclude similar partnerships, no one has yet managed to conquer that reputation that Ethereum has already received in a corporate environment.
Heria only recently strengthened his efforts to Piara, after he announced the acceptance of the executive director of Ron Reznik (Ron Resnick). Now that these Cryptsk is headed by a new commander, the alliance finally will be formed a final direction for movement.
We firmly believe that in the leadership support of Reznika, Heria will be able to achieve its goal much earlier than planned. And they want a lot nor little - "involve Ethereum to create a technological base for corporations", according to Reznik.
Coming upgrades Ethereum
In addition, the mood rises when you hear about the two future updates of this platform. Tell them short.
When it comes to technologies, Ethereum is imputed to the guilt of two things. First: the problem of scaling, they say, Ethereum works more slowly than some of his pathetic copies. That Ethereum processes only 15 transactions per second, while its latest rivals can do up to 100,000 (and sometimes more).
However, Ethereum is just engaged in finding solving this problem. His founder, Vitalik Biderin, recently made a small spoiler "Ethereum 2.0" - the next stage of the Ethereum platform. It will have accelerated scaling and - thousands of transactions per second. For Ethereum it will be a stunning upgrade.
Another problem in which Ethereum is accused is the "PROOF-OF-WORK" algorithm for miners remuneration. It also applies in Bitcoin. However, as it turned out, this mechanism loses relevance.
"Proof of work" is a bait of miners by remuneration. However, it is quite expensive. This algorithm causes miners to spend tons of money for the purchase of equipment so as not to fly out of the mining business and not stay on his backyards.
An alternative is the "proof-of-stake" algorithm (share proof). Simply put, when applied, miners receive an award on the basis of how much the crypts have already managed to collect. This is a reasonable alternative to the old algorithm, but Bitcoin and the air introduce it extremely slow.
So, now the ether upgrade called Casper will replace the algorithm of evidence of work on the proof of the share. Testing was launched back in early January. This is exactly the time when the ether grew, despite the universal drop in the market. The update will go into broad masses this year. Therefore, it remains only to observe how Ethereum seven steps goes along the path of technological innovations, and keep fists.
Ethereum applications
And finally, the second reason why Ethereum raises her head over competitors, it is expanding its ecosystem. The number of applications created on its base is growing every day. At the moment there are over 1050 decentralized applications on the platform (DAPPS).
These applications increase the number of transactions processed in Ethereum, and at the same time the cost of ETH. So now the number of transactions on Ethereum is comparable to those that processed Bitcoin in the entire history of existence.
Bitcoin with his transactions, which historically was more than on the air, released leadership leads in July last year, and then this torch picked up Ethereum. This is another factor that has strengthened the support of ETH, not giving go down during cryptoobal.
So, the strong position of the ether during the collapse of the cryptocurrency market demonstrates that it is likely that this is the only currency, about the investment in which it is worth thinking. Three educated reasons strengthen the desire to endure a bullish forecast. What we are happy and do. Optimically predicting ETH quotes at $ 1500 this year.
The prediction of the forecast of the Etheric quotes for the next year suggests that in 2018 the cost of cryptocurrencies will increase, which can reach $ 500, is so predicted by experts. Truth, market value The digital currency will remain as unstable. In this connection, it will become necessary to produce a large-scale refinement to stabilize the infringement.
Increase the etherium revolutions.
To date, it has reached a mark of 400 dollars. At the same time, the beginning of 2017 was celebrated their quotes, which also rapidly decreased, as rose, reaching a mark of $ 200-350., Which once again confirms instability in the digital currency market.
One of the experts in this area of \u200b\u200bLouis Kuendi studying the peculiarity of market relations, suggests that the currency rate will no longer decrease anymore, but on the contrary, it will take turnover and may reach the next year to reach a maximum mark of up to $ 100, because the cryptocurrency market is developing every year, increasing every year Your resources.
In addition, expert Kuendi notes that investment increases by the emergence of small companies., What is a positive trend and of course has its weight gain in efficiency common work Systems and increase the speed of processing operations related to smart contracts. To secure the increase in the growth rate on the digital currency market, some problems must be solved.
Etherium development.
So, in the first place of market development, the cryptocurrency is worth the development of a system of decentralized investments, thanks to which it is possible to change the transaction by reducing its growth. One of the main issues remains the legalization of cryptocurrency, the main component of the development and popularity of Etherium.
This means that in the first place of the cryptocurrency market, you must make a maximum of efforts for its development.
The main growth factor of the digital currency.
The presence of the created Enterprise Alliance system suggests that the readiness for the upcoming growth stage to come only when the digital currency is fully legalized as one of the main increments for the active development of the digital currency market on the territory of Russia, the United States of America, Japan and China. It is planned to increase the use of Etheria's assets by introducing and developing new protection systems, new combustion prevention technologies, which will determine the development prospects and the future digital market in the world.
The readiness of the development of an increase in the amount of use will determine future course next year. With their development, it is planned to increase the number of users in several tens of times, becoming a key pattern of increasing the growth of the cost of currency.
Etherium safety.
With the development of a protective system from all kinds of hacking, the ability to stability and accelerate the growth rate of the currency will be altered. An example of this hacking, which was implemented this year, brought the collapse of the dollar from 21 to 7 dollars. In this connection, it is necessary to urgently develop a new one with a protective system, to immediately go to it. It was this that was done by Ethereum Foundation, which brought negative consequences regarding the reputation of Ethereum Foundation. The conflict situation of the developers broke out in the circle, did not bring anything good. There was a risk in choosing cryptocurrency for investments, which can affect the course and again cause the course collapse.
It is assumed that Etherium will overcome difficulties and by 2018 will reach $ 500. In addition, a new protection system, the introduction of new technologies will have a positive effect on the growth, which in the same year it may change, having increased from $ 500 to 1000.
The only problem that can play a decisive role is associated with the rapid growth of the number of users and a change in policy center, analysts are convinced.
reference
The forecast of Etherium for 2018 is determined by the technological features of the project. The main purpose of the Ether coin is to serve the fuel for the Ethereum platform. It is often called Bitcoin 2.0 or a cryptocurrency of the second generation, and this is largely justified.
The technology significantly expands the possibilities of traditional blockchain and serves to develop decentralized applications on and conducting ICO. The platform is used in various fields of human activity, since it uses simple algorithms for the conclusion of agreements and ensures their error-free execution.
Important! The smart contract contains clearly described in the language of mathematical formulas with the clear logic of their implementation, it is impossible to fake, disrupt or cancel.
At the current time, Ethereum ranks second in the capitalization parameter after Bitcoin and is a claimed object for investment.
History of creation and changes in the course of ether
The history of Etherium begins in 2013, when the author of the idea of \u200b\u200bVitalik Biderin published her first description. New development almost immediately attracted public attention: the next year the young programmer has received the World Technology Award Prize and Grand Program Thiel Fellowship in the amount of 100 thousand dollars on the development of the project.
ICO was launched in July 2014 and brought developers more than 18 million dollars. The full-fledged network work began in a year (July 30, 2015), since then the platform is continuously improved.
At the beginning of a bid, it was possible to purchase ether on the market in just 0.8-2 dollars. In 2016, after creating a wallet for storing coins, the cryptocurrency became more popular and increased in price to 10 dollars, and then a difficult period of course fluctuations between 7 and 15 dollars per 1 Eth.
What determined the course of the ether in 2017?
Throughout 2017, there was a steady increase in the cost of ETH. The first sharp leap of the course fell on March, when, according to many experts, the coin reached the maximum mark, but continued to grow the price and it exceeded it repeatedly.
Table 1. Significant changes in the ETH course in 2017
The demand for cryptocurrencies is most determined by its technological and compliance with the current needs of society, primarily its financial sphere. An indirect sign of key players of the market is increased attention of large corporations: leading developers and investors.
That is why Etherium's hit in the area of \u200b\u200binterests of "Silicon Valley" and credit organizations (Cooperation with IBM and Microsoft, joining JP Morgan, Santander and other technological and financial giants to Enterprise Ethereum Alliance) caused a steady increase in its value.
Figure 1. Graph Changes Changes Coins Ether in 2017
Competitors Ethereum
Competition in the cryptocurrency market is a significant mechanism for the formation of the price of coins:
- (BTC), contrary to popular belief, is not an analogue of ether and its competitor, technology mutually complement each other. Popularization of "digital gold" and the growth of its value favorably affects the state of the cryptocurrency market as a whole.
- (ADA) does not make direct competition by Etheruum, but moves in the same direction in terms of the use of smart contracts. The release of innovative updates of the product may cause the redistribution of investment infuses, which will negatively affect the cost of ETH.
- Technology (NEO) is also aimed at introducing "smart" contracts into economic models. A project that allows to digitize assets and store them in the blockchain with the ability to conduct secure transactions guaranteed, can be a serious competition of the Ethereum platform.
Opinion analysts
Most analysts studying the prospects of Etherium's growth agree that in 2018 the coin will significantly rise in price and becomes even more popular. This contributes to several main factors:
- the release of the new road map of the cryptocurrency, represented by Vitaly Buderina in Taiwan in the 4th quarter of 2017 and promising a serious technological progress of the platform;
- growing interest in technology in terms of its use for direct intended: to develop applications and conduct ICO;
- continuous increase in the number of positively colored references to Ethereum in news and information articles.
Thus, the first key event is the implementation of the POS / POW hybrid protocol (Casper FFG) - it should be held in 2018 within the second Hardforka Metropolis (Constantinople).
Video review of the Ethereum roadmap:
The success of the projects created on the basis of the Etherumer platform is tremendous for the Ether coin. So, at the growth of its value at the end of 2017, the appearance of the popular Cryptokitties games was significantly affected.
Ethereum proposed specialists known in the developers and investors known in the environment:
1. Stephen Nerayoff, entrepreneur, lawyer, chairman of Global Blockchain Technologies Corp. And one of the founders of Etherium, Bancor, Zcash, Lisk and Factom projects, suggests a threefold increase in the value of the ETH coin during 2018 due to the increase in the number of sought-after projects on its basis.
Figure 2. Steven Nerayoff
2. Jason Cassidy, the head of the Crypto Consultant organization, predicts the further increase in the price of ETH, because he sees a corporate level product in the platform, whose value for large enterprises Will grow steadily.
Figure 3. Jason Cassidy
3. Ronnie Moas, the creator of Standpoint Research, financial analyst, advises investors to hold cryptocurrency for another a few years, assuming that in this way they will be able to get much more profit than when exchanging it on fiat money on current conditions.
Figure 4. Ronnie Moas
Important! It is necessary to take into account that the high rates of volatility ETH are likely to remain unchanged, although it is considered one of the most predictable cryptocurrency. Sharp races of the course are typical for digital money and can occur within one day. Most often they are the result of artificial processes on the stock exchange, when large traders take their profits in the fathet currency, thereby reducing the price of the coin.
Ether Analysis as an Investment Object
The Etherium is impossible to accurately estimate the cost of cryptocurrencies, since its real technological potential is unknown. The platform is continuously developing, the developers set new actual tasks, which contributes to the preservation of the interest of Enterprise Ethereum Alliance partners. At the same time, as practice has shown, the coin rate is in serious dependence on unexpected concomitant events, for example, news about the incidents in the life of Vitaly Biderina and other founders of the project.
Example: The widespread rumor about the death of Vitaly Buderina as a result of an accident caused the collapse of the ETH course by almost 15% (from 300 to 270 dollars) at the end of June 2017
That is why the predictions for Ethyurium for Ethyurium for 2018 without discount on the unpredictability of the digital money market are dangerous. It is also important to remember that this cryptocurrency has an inflation nature, since its emission has no restrictions, but the moment of its manifestation is unlikely to come soon.
The high price of ETH and its aggressive growth also seem unacceptable to many of the platform users. The coin was created, first of all, as a utility (a kind of fuel for the operation of applications within the network), and not a means of preserving value. It should be borne in mind that the fuel should not be too expensive, otherwise it loses its original meaning.
Thus, the further increase in the course of Etherium for most predictions is ambiguous. On the one hand, it attracts new participants to the infrastructure, records the attention of traders and strengthens the position of cryptocurrency on the market, on the other - provokes the growth of transactional costs within the network. Obviously, in such a situation, the balance of the balance is the necessary step to preserve the health of Ethereum ecosystem.
Currently, Etherumer (ETH) managed to overtake thousands of others cryptocurrency and conquer second place in the market. The rapid growth of the course only heats the interest of investors. More and more people, and its course's forecast occupies the minds of all the participants in the crypton. In the first two weeks of 2018, the Ethericum rate rose more than 30% and positive trends continue. Talking whether Ethereum will grow this year, do not have. The only question is which coursework will be achieved. To understand the question, it is worth considering the differences between the Ether from his "older brother" Bitcoin and answer the statements that cryptocurrencies are only a "bubble", which must be-burst.
Etherium and Bitcoin: platform or cryptocurrency
Despite the greater similarity, Bitcoin and Ethereum have fundamental differences. Bitcoin is a decentralized currency, which is a final product. Digital money alternative. Etherium is a platform designed to implement projects with blockchain service and smart contracts. Thus, the forecast of the price of Etherumer is determined not only by interest in cryptocurrency as an alternative payment facility. Ethereum is the equivalent of the value of the sought-after digital service.
Therefore, the demand for coins will be relevant until users are interested in providing service services. Ether here - settlement To pay access to the system services. If the company has the need to transfer projects to the blockchain, he has to buy either Maine Eth. Therefore, the prospects for Etieth are closely related to future blockchain technology. It also has chances to completely replace the centralized projects concentrated in some hands.
If we consider the ether as an asset, then its future is determined by the same factors as the future of any real currency (dollar, euro and others). Therefore, its future is determined by a variety of factors, starting with articles in the media and ending with the growth rate of the economy. Therefore, he, like others, is obliged to pass four periods: growth, stability, sunset and oblivion. The question is only in terms. Therefore, it is important not only in time to invest money, but also to withdraw them from the asset.
The position of Etherium at the beginning of the year
It is interesting today to read any last year's Ethereum forecast. Only half a year ago, the opinion of most analysts converged that the broadcast would cost $ 1,000 only by 2019-2020. However, at the time of this writing, his course has already exceeded $ 1,200 and continues to grow.
At the time of its appearance in 2014, Ethereum was positioned as an advanced version of Bitcoin. Crampanding made by the team of creators allowed a month to collect $ 18.4 million. For these investments, investors received 60.1 million coins. Thus, the initial course of ETH was only 0.35 $.
When transitioning a project on the consensus algorithm proof-of-stake, the cost of the token may increase, because A large number of coins simply fall out of turnover, actually "freezing" on the balance of holders for profit.
After a little more than three years, more than 36 million Etheric units were issued. The weighted average course of the air for December amounted to $ 460, and in circulation there were 96.2 million ETH coins.
At the same time, the capitalization of cryptocurrency exceeded $ 44 billion, and the volume of trading in orders reached $ 570 million.
Like the Bitcoins, the prospect inspires optimism. Moreover, the ether is less susceptible to the reaction to the hype in the media and is estimated much more accurate. The vibrations of the cost of the air due to fake news or random events occur not as often as with Bitcoin. Therefore, the forecast of the Ethereum course is much more accurate. This allows you to calculate stock strategies and protect investments.
Large currency stability attracted investors and speculators. The first see in it as an asset for preserving capital, the second is the possibility of rapid earnings. As a result, the demand for the ether is growing. Therefore, if the Etherumer will rise to the question in the near future, even skeptics give a positive answer. However, to give even medium-term forecasts of the Etheric Course, you need to deal with factors affecting this cryptocurrency.
Real factors affecting Ethereum course
The fundamental difference between the Bitcoin ether is a reliable insurance of the course collapse. Unlike the Bitcoin coins not supported by anything, Ethyurium is in demand as a "consumable material" for projects based on the blockchain. This demand sets a certain lower bar, which is capable of protecting cryptocurrency from depreciation. While the platform is interesting to entrepreneurs and they are ready to pay for it, the course will continue to grow.
The takeoff of the cost of Etherium began after the creation of February 28, 2017, the Enterprise Ethereum Alliance unit - associations of corporations wishing to implement projects based on the Ethereum platform. EEA entered even Microsoft and Intel, which served as a signal for other market participants. If you look at the course schedule, you can see that the price of Ether has grown after this date. Thus, it is the demand for the platform with serious market players has become a growth catalyst.
However, the oscillations of Bitcoin and the world's news cryptocurrency hide the quotes of Etherium. If you look at the BTC-ETH bundle schedule, an explicit dependence can be noted. This is due to the stereotypical opinion on cryptocurrencies as a certain single asset. Outows do not see the difference between them and any news about the problems or success of one blockchain immediately reflects on the others.
As a result of successful actions of the team, who managed to release updates in time and spend planned hardfolki, reality exceeded Etherism's growth forecast for 2017. Back in September, everyone thought that for the new year he would rise to $ 500 maximum. Despite the fact that it was with Ethereum in December, the current course became a pleasant surprise for investors and miners who made a bet on ETH.
The advantages of ether affecting stock trends
- Price jumps are well smoothed by unlimited Mine Ether.
- The second place in popularity makes the ether less attractive for speculators.
- Outwarms are worse than Etheria. Accordingly, it has a more relaxed newspaper, which is less affected by stock prices.
- The mining ether is less concentrated in large asik farms. It does not allow several large pools to set the desired course.
- Thanks to the real component of the cost, the ether is more in demand as long-term investments.
What will happen to Etherium in 2018
Give an answer to the question about what is waiting for Ethereum in this year not so easy. The cryptocurrency industry has great unpredictability. It also showed the broadcast itself, which during 2017 was able to double the most bold forecasts.
Therefore, experts carefully come up to attempts to accurate forecasting. As long as the following is known:
- Etherumer in 2018 will rise in price, but its growth will not be so stronger, like at the raced Bitcoin. Wishing to do favorable attachments It can be advised, the prices for which should rise over the year at least twice.
- Possible transfer to the Ethereum platform global state papers can provoke an increase of 60-100%. It will also happen when the broadcast on the Chicago Exchange is released, which has already made Bitcoin.
- The depreciation of Bitcoin, as if it would be unlikely, it could only increase the price of Etherium. Among the experts there are disagreements about the prospects of individual cryptocurrency. But no one argues about the further demand of the technology of the blockchain.
According to the very restrained forecasts, the price of Etherium by the end of 2018 will exceed $ 2500. Moreover, this figure is calculated on the basis of the current dynamics of events. The interest of the state to the blockchain or the legalization of the ether on the Chicago Stock Exchange is capable of increasing its price.
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Alexey Russian
Over the past couple of years, cryptocurrencies have attracted considerable interest from investors, largely due to the rise of Bitcoin and Ether. For example, in December 2015, Bitoin cost about $ 450, in July 2017 the price has already reached $ 2,600, in November 2017 $ 15,500, and finally, in December, the maximum value close to $ 20,000 was recorded. This rapid growth is comparable by amplitude with the one who showed the opponent Bitcoin in the Cryptovalut - Etherumer sector. Consider forecasts at Ethereum for 2018.
It should be constantly keeping in mind that the production of forecasts for the cost of ether to the short-term period is a very difficult task. Newcomers need to know about the incredible volatility of this financial instruments. During the day, the ether can lose in price to 25%, and the next day to fully recover. For example, I recently had an increase from $ 300 to $ 800, i.e. About 170%, a little more than a month.
The factor of volatility, as well as the novelty of this cryptocurrency (Ethyurium began its history in 2014), do not allow to make quality technical analysis Her graphs for the course forecast for 2018. At least every such forecast for the short-term perspective will be very dubious. Consider options for forecasts for the long term.
The price of Etherium will try $ 1,000 mark
Forecasts for the course of ether at the level of $ 1,000 not so long ago seemed madness. At the beginning of 2017, he cost some 10 dollars, and now $ 700, and this is after the recent collapse of the market. With such a picture, it does not seem so incredible forecast for the end of 2018 in 3 and even 5 thousand dollars.
According to the prediction of Investing Haven, the price of Etherifium should reach $ 1,000, if not in 2018, then exactly in 2020. This is a very conservative forecast for the course for 2018, given the strength of the rising trend. Investing Haven says for use direct method Forecasting on Etheruum is not enough data. In other words, given the restrictions on the amount of relevant information, the technique of indirect analysis should be applied.
What will affect the position of Etieth in the market
The Investing Haven researchers team took three fundamental factor as a basis for its forecast.
Current and Future Ethereum Offer
At the moment there are 92 million tokens of ether. According to the team of developers behind this cryptocurrency, the number of new tokens entered into circulation must correspond to the number of derived. So far, the increase in the number of Etheric tokens continues, but soon, after a year or two, the target point will be achieved. Therefore, for long-term forecasts, the proposal is not a significant factor of influence, only for short-term.
Application areas of ether (demand factor)
The advantage of Etheria over Bitcoin is the ability to use smart contracts. These are contracts that occur automatically without human intervention when the conditions on them are fulfilled and the execution time is satisfied.
The use of ether in decentralized applications is also a weighty indicator. Perhaps it consists in the internal cost of this tool. A large number of applications are currently being developed and launched, and the trend of those services is clearly looking for, which use Ethereum blockchain technology. Again, not enough statistical data, since most such projects Private.
One indicative example: The Ethereum Alliance was created to develop the use of Etherium in world currency trading as an auxiliary element. The alliance was created by such giants as Microsoft, JP Morgan and others.
Investment demand
When players from the large investment sector will begin to buy ether as a financial instrument, demand can get explosive. At the moment, institutional investors do not have positions in Ethereum, unless through private funds. With the increase in the volume of trading on this cryptocurrency, the level of its recognition is increasing as an asset in which it is advantageous to invest its funds.
So, with the help of the analysis of demand and supply, a clear picture of a large potential for the growth of ether in the long run, since over time the supply factor will become neutral, and the ever-growing demand will push the price up.
Achieve Li Bitcoin
Some experts converge that the broadcast will cost Bitcoin for such an indicator as ROI is the level of payback level of investments, i.e. The level of profitability. The ruble embedded on the air will bring more than the ruble embedded in Bitcoin. It's hard to believe it now, seeing Bitcoin's price schedule with a maximum of $ 20,000, although quite recently it cost only $ 5,000. It is likely that this movement was due to the game of short-term investors. And the subsequent collapse of this confirmation.
General Director of the Polychain Capital Hedge Foundation Olaf Carlson-UI adheres to the opinion that the complete market capitalization of Etherium may exceed Bitcoin's capitalization in 2018. And there are many obvious facts confirming this point of view.
On the one hand, the previously mentioned 20-fold takeoff of the air price for 9 months against the growth of Bitcoin at 8 and a half times in a year and a half. In addition, Bitcoin lost almost half of his share in the cryptocurrency market in favor of Etherium. At the beginning of this year, more than 90% of all investments were in Bitcoin, now this level is less than 50%. In turn, the share of money invested in Etherumer has increased at times. Although it is worth paying attention to competitors, such as Bitcoin Cash and Ripple.
Another indicator indicating the possibility that the ether will cost Bitcoin, these are sources of support behind one and more cryptocurrencies and the reasons for which they receive this support. The orientation of Bitcoin on the payment technology makes it popular among governments. The technology of smart contracts used by ether gives him popularity among large corporations interested in applied use. For example, the previously mentioned Ethereum alliance consisting of many large corporations, including the Russian Sberbank.
The future of the ether is not so cloudless
Despite the high enthusiasm of the participants of the cryptocurrency market to Efira, there are a number of obstacles that he needs to overcome in order to thoroughly entrenched among the leaders of this market.
First, the ether can and makes the differences from Bitcoin, but nevertheless works on blockchain technology. This suggests that all problems of this technology are applied to ether, mainly scalability.
When the problem of scalability is addressed, one of the first arises the question of whether a large number of users affect the time of the transaction or not. Simply put, the more people use this technology, the more transactions are recorded and logged. The ever-growing number of transaction means that it is possible to wait in the queue. There is no solution for this problem.
The next difficulty for ether is the possibility of cloning technology. Any company can launch its blockchain project based on cryptocurrency and conduct ICO. But the only thing that gives the value of any currency is the consent of the members of the Company to use it. As a result, it becomes difficult to fully trust one currency, not surviving for the fact that the new ones do not take part.
In fact, if the above problems remain without solutions, they will risk a system based on Etherium. Based on this, make a forecast for the movement of the price of this cryptocurrency in 2018 is problematic. While you can stay on the issues raised: will there be solved problems? Or will the new cryptocurrency appear for which they do not exist?
conclusions
The world cryptocurrency only originates, and he has to go through a very long way. The general opinion converges on the fact that the growth of this sector will continue, especially his two leaders - Bitcoin and Etherium. Moreover, the prospects of ether look better. Optimists say that in the near future, the broadcast will be held by his elder brother. However, there are a number of problems that require solutions. Skeptics are worried that these problems will have a negative impact on the cryptomic in general.
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