Boxmining! I love your stuff and never miss a video you put out. I saw that the price for ETH was below $200 on Binance today. With all of the other smart contract platforms available (GoChain?) and all the ICO's holding bags of ETH that will need to get liquidated, what's the value proposition for holding or buying ETH going forward?
Great question. This has been a huge issue ETH is facing for the past few months. The decline in the ICO markets means that funds/projects there is sell pressure (which we have seen). That being said, projects (Wepower, Augur, Enjin etc) building on top of ETH need to use it as a form of value transfer & to pay for gas.
Agree that user interface and experience i
is at the forefront of what is needed to take adoption to the next level. It has the potential to be like Windows in the 90s and whatbit did for personal computer adoption. However, scaling should not be far behind given the risks of high transaction fees.
Boxmining! I love your stuff and never miss a video you put out. I saw that the price for ETH was below $200 on Binance today. With all of the other smart contract platforms available (GoChain?) and all the ICO's holding bags of ETH that will need to get liquidated, what's the value proposition for holding or buying ETH going forward?
Great question. This has been a huge issue ETH is facing for the past few months. The decline in the ICO markets means that funds/projects there is sell pressure (which we have seen). That being said, projects (Wepower, Augur, Enjin etc) building on top of ETH need to use it as a form of value transfer & to pay for gas.
Have fun Michael!
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Agree that user interface and experience i
is at the forefront of what is needed to take adoption to the next level. It has the potential to be like Windows in the 90s and whatbit did for personal computer adoption. However, scaling should not be far behind given the risks of high transaction fees.
Let us know whats new ;)
Have fun!
Ethereum is a smart cryptocurrency but at this moment it has a low price as I hold it. Maybe take longer time to recover the crypto market.
yeah ETH took some serious hits
I hold this coin my dear and today you looking very beautiful.
I think you're going to travel somewhere.
you're right