Can ETH be a bubble being the 2nd biggest with tons of News & Alliance
Some people are of the opinion that Ethereum is inflated and is in a bubble and is lacking substance. I just have a couple of points to bring into consideration:-
- Can a currency sustain as number 2 with such a high Market cap for so long inspite of lacking in substance
- Since the last 1 year there have a plethora of organisations that have joined the Ethereum platform
- Inspite of 2 major crashes, Ethereum has come back to the $ 300 level
- It has the best developers and Alliance that is forming new tie-ups everyday
- Most if not all of the ICO accept Ethereum
- The best analyst have been talking about 'Flippening', where ETH becomes the biggest
And many more positives.
So how can we assume that it is lacking substance. I believe this will be the best investment opportunity after Bitcoin in the coming years and will sooner or later break all levels
All the best...
I thnk that Etherium is over valued however if they implement changes, then all will be well.
Dont forget to check out my post for a link to collect free crypto..a once in a life time opportunity.
I think the mistake people/investors make is not understanding the fundamental factors responsible for the recent rally . As it is, all cryptocurrencies are driven by news. The question is which one will survive it all?
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