Ethereum is worth 50 billion market cap, $500+ per ETH.
Ethereum is more valuable because of BAT.
Every person watching cryptocurrency will take note of the BAT ICO which sold out in 30 seconds today. Ethereum has become the NASDAQ of cryptocurrency. If companies and crowdfunded projects can all launch on Ethereum, and raise ICO's of 30 million in 30 seconds because there are so many profits in cryptocurrency, developers and investors will be launching more projects soon on Ethereum. Obviously, there are already many projects in the pipeline. We should expect similar treatment for all decent ICO's that launch in the next month or so, so long as profits remain in cryptocurrency and the attitude has not changed.
This makes Ethereum more valuable because with it, you can now launch crowdfunded projects and raise millions within seconds, intrinsic in its system. Maybe bitcoin will rise to get ETH to this valuation? Maybe ETH will surpass bitcoin now?
Either way ETH has to go higher now. Would be nice if I still had my 1,300 ETH tokens I bought in 2015 for 80 cents each!
I do not like ETH technology long-term, the system is a bottleneck, but none of this matters for the next 24 months. Whatever platform works is what people use today, and EOS and Tezos are not here yet. Today, there is ETH and it has become something due to first-to-market strategy. First to market strategy can persist for years because once capital is tied into something, it tends to attract more capital.
Ethereum can still be upgraded too, so it may solve some of its issues in the future.
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Good Article, look to the Waves Platform, if the Ethereum People will know it, they will start their ICO on the Waves Platform soon! Some ICOs already started and some are already in Planning every Week, so the Platform gets more Attention as its easier and faster to Launch an ICO on the Waves Platform instead using an Ethereum Platform for the ICO because it has other Advantages also for the Enduser who buy in the ICO. Check up my Blog for further High Value Infos, hope this info will be life changing for you ;)
Tech != Market Adoption... two different metrics. Market Adoption is a function of awareness of a platform penetrating through society, and society adopting it.
I have experienced this for the past 10+ years of being a techy, since I was 14, really so almost 20 years. Plenty of good technology goes by the wayside because it does not get market penetration.
Nothing against WAVES, platform should increase in value, it should be a win win for owners. It's all good stuff, but knocking off first-to-market movers takes more than just slightly better tech. Even slightly better economics often is not enough. Every other coin besides bitcoin is cheaper to send funds with... but bitcoin is still first. Economics != Market Adoption either. It's a function of behaviors that have to be predicted, better vs. worse only affects decisions to a degree, but there are plethora of other factors.
Its not about Knocking OFF its about provide value to endcustomers and users and waves do that and provides a more easier platform which users can use fiat money to invest in ICOs no need to buy Bitcoins first or Ethereum or others with an Built IN Dezentralized Exchange where you can buy also other Digital Assets in a Dezentralized Manner, its not only a killer feature the whole concept is easy understandable and the good things is what I say that Waves focus to ICOS, Dezentralized Exchange and Fiat Gateways while Ethereum is a too Big Project and here I speak only about the Advantage for the ICOS which all are on Ethereum almost now but I think Waves will be the Game Changer and you know it only if you test it and use it! Try it out and think about by yourself how you feel it! The easiness will beat all up so every henry can invest in icos without any settings like in ethereum wallet with the erc20 settings for every ico! I used both and I know the differences!
I tried WAVES recently......very impressed!
congrats we have altime high alsoo today, check out the community tokens and the advantages of them and checkout the dex soon with gui update, will post the new beta gui soon on my blog.
BANCOR launching soon attempts to make it easier to launch on ETH. I got a video about it coming out in a couple days. Keep in mind, I'm bullish on most crypto.
Look where we are today, Ethereum has made it this far having accumulated 50% of Bitcoin's market cap without the backing of the top fortune 500 companies coming out in public and endorsing their new blockchain technology. When that day comes it will pull in a hell lot of new investors as they promote their new advancement in their technology and demonstrate the way they will integrate the Ethereum platform into their everyday business. Get ready for the day the average Joe gets a shed of light of the potential of blockchain with many more adoptions to come.
useful blog. thanks for sharing.
Good news @crypto-investor!!!
Any news on when EOS will do their ICO?
Pretty sure it's not released.
Can't wait..
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