Ethereum (ETH) - A Bear Perspective, but the Alt Rush is Imminent

in #ethereum7 years ago (edited)

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Its an active marketplace today!

Sure the Market itself got a hit by the SEC, But honestly things have been relatively stable and steady since the Bear's Mauled us in January. We shook out a lot of weak hands, and article after article is keeping the public cautious. Which means we're building our base, a steady platform to launch from.

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A Platform to Launch From

As many apps have found, #Ethereum is a solid platform to build off of, Coin's, Token's and all manor of companies have found success on this network, which has pushed the entire market to greater heights. New #ICO's seem like a daily occurrence, and the utility of #blockchain technology is spreading to all corners of society. This is an inclusive time for discovery and the excitement has not quite reached the ears of the public.

New Ideas and Bad Press are the Buy's and and Sells in the Trading of Blockchain technology itself.

The surface of blockchain technology has not yet been scratched and yet we appear to be reaching a bedrock of bad press. Needed Regulation is looming, China and India are seriously discussing the future of the marketplace and whole world economies are testing the waters.

Trading volume in spite of stability are the coiling of a spring in the alt market much like the high crypto press in this uncertain time.

They're all Grown Up

Ethereum got us here, and surly has a place in the future of this marketplace, but its hay-day may be coming to an end.


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Much of the Value of #ETH is in the coins developed on the network, some of those coins will mature this year and leave to start their own Platforms, e.g: #EOS #TRX #NEO have, or are primed to leave the Ethereum network and potentially pull apps along with them. If things go well they're poised to carve out space of their own.

The Market could 2x, 5x, 10x and it wouldn't be a surprise, It would be a surprise is Ethereum did along with the market.

www.cnbc.com

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin10009.500$-7.59%-4.81%
EOSEOS6.548$-10.17%-23.06%
ETHEthereum756.249$-7.63%-12.47%
NEONEO100.986$-5.4%-23.75%
TRXTRON0.039$-12.01%-11.48%

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