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RE: Ethereums Altair Upgrade and Outbreak

in LeoFinance3 years ago

If we look back on upgrade progression of Ethereum in the past what was promised 4 years ago still hasn't happened so don't expect for it to be a quick jump. There's also A LOT at stake with this transition if it should go wrong so things need to be done slow the methodical.

Indeed when reminding myself how it was expected to come live much sooner and we are still far away from it being done.

Fees have continuously gone up for the past 4 years destroying many businesses based on ETH.

Let's hope they will get their s**t together:D

Do you think the market drop is due to the Altair upgrade? The coincidence might be unfortunate.

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Honestly I called for the correction about 3 days ago when bitcoin hit an all new high. That's just standard flow of crypto. Peg a new high quick correction after. We should see a steady uptick again here in a day or two depending on how close to the weekend we are. Weekends have 9 out of 10 times been declines in price.