Ethereum the poor man's bitcoin

in #ethereum7 years ago

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I was going by the bitcoin's token price , OMG!! its a 4K $ stuff now . So just started trading poor man's bitcoin the Ethereum. The advantage here is it's token value is still low sub $300 , gives a satisfaction that I can buy them in whole numbers unlike bitcoins where I just get to buy fractions. Since the volume of trade is much lower compared to bitcoin and the volatility index being under control there is huge opportunity in terms of appreciation in percentage terms .
Then I found something called lightcoin , now this stuff is interesting . Its token value is very low but the problem with this is that its trading volume is very very low and the depth (i.e. difference between buy & sell price ) is huge.
I think since ethereum follows bitcoins' footsteps and it has not participated in the recent bitcoin rally . So my friends expect ethereum to appreciate by more than 40% in the medium term (Target : $390).
Alert:: The N Koreans are converting their currency to bitcoins in case of war like situation.

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