Ethereum

Ethereum Prices in 2017Ethereum (ETH) Prices to Grow Steadily in 2017

Even after Bitcoin was declared as the first decentralized cryptocurrency in 2009, and its competitors—including Ethereum—were released in the years following, this cryptocurrency concept struggled to find its place among investors. Now that the concept of cryptocurrencies has stabilized in the market, we can see Ethereum prices in 2017 skyrocketing.

Ethereum, the decentralized platform that enables you to run applications on the blockchain, is rising by the day. The Ethereum platform supports Ether. Or rather, we can say that Ether supports the Ethereum platform.

This is because while Ethereum may be free, Ether is not. It does not exactly act like a digital currency; in fact, the clients of the platform pay Ether to ensure that the developers write high-quality programs on Ethereum to maintain the security of the network, among other factors. So, in a way, Ether fuels Ethereum.

Just like the stock market, Ethereum prices fluctuate daily and its value is determined by demand and supply in an open market. Through the beginning quarters of 2017, there has been a huge surge in Ethereum prices in 2017. If we check this growth rate in terms of percentage, it would be in thousands.

The Ethereum value in 2017 is pretty strong and is expected to surge at a steady rate over the next four months.

The market cap of Ethereum has already crossed that of its competitors such as Litecoin and Ripple. Although this is subject to changes based on fluctuations in Ether value, it is estimated to rise.

Ethereum, for now, accounts for the second-largest market share among cryptocurrencies, the largest obviously being Bitcoin. If this growth rate continues, it may even surpass the market share of Bitcoin over the next few years. Also, Bitcoin is so overvalued that perhaps it needs to undergo some leveling off and a correction.

We can see the potential of Ethereum and where it’s headed in the coming future because there are many other positives that indicate Ethereum growth in 2017.

In fact, Bitcoin is estimated to decline in value over the next few months due to the fact that it is now banned in China. A slight concern regarding the rise of the ETH value is the complete ban of ICOs by the Chinese central bank. The ban, it seems, is to prevent illegal activity. Amidst all this news, the Ether value declined slightly. However, these don’t seem to be long-term issues. And despite all this, many individuals and institutions are still interested in Ethereum.

After a meeting of all the South Korean financial agencies, the Financial Services Commission of South Korea declared that cryptocurrencies do not hold value as a financial product or as a currency. Also, according to the law now, fundraising through cryptocurrencies is not allowed. But several investors in South Korea are still trading in it. On the other hand, however, there are talks of regulating Ethereum in South Korea, which may further propel its rise.

One strong point for the growth of Ethereum is its technology. The blockchain smart contracts are so powerful and flexible at the same time that the core technology is being tried by businesses for certain applications such as corralling medical records, in electoral voting, financial systems, and more.

And just like there are IPOs of shares in the primary market, investors are also using Initial Coin Offerings (ICOs) to raise funds for startups. Also, with Ethereum you can actually access a global computing network, which is not quite the case with Bitcoin. With Bitcoin, you only get to participate in the network.

With all these factors, Ethereum transactions are likely to increase, which will help spur Ether’s value. Also, fundamentally and technically, Ethereum prices are strong and hence has a bright future.

Ethereum has green ink across its “1h,” “24h,” and “7d” categories on the CoinMarketCap website, something that we haven’t seen in quite some time. What a beautiful sight to see. The Ethereum to USD exchange rate is up 1.82% based on Monday’s trading activity, reaching $292.48. At the same…

Despite a mix of bullish and bearish Ethereum news, investors recanted some of their earlier pessimism on ETH, driving prices up 2.57% against the U.S. dollar. The Ethereum to USD exchange rate now sits at around $288.09. By cryptocurrency standards, it is only one trading session away from…

Narrow spreads, low volatility, and relative calm. If someone asked you to name an asset class with those qualities, would your answer be cryptocurrencies? Absolutely not! Cryptocurrencies like Ethereum are rocket rides to the moon, not scooter rides on Venice Beach. They are dangerous, thrilling, and life-altering. Yet…

On Tuesday, investors ignored bullish Ethereum news once again. Why? Because, like an angsty teenager, they are angry with the world. “How could China ban cryptocurrency exchanges? It’s not fair!” It isn’t. But that doesn’t erase any of Ethereum’s constructive developments. For example, Ethereum started testing the long-awaited…

As the dust settles from China’s crackdown on cryptocurrencies, Ethereum looks poised for a rally that could send it across the $300.00 level. However, the situation remains tenuous. The Chinese ban confirmed the worst fears of some investors—that central banks and other vested interests will regulate against cryptocurrencies…

Hallelujah! After a week of non-stop pain, investors finally moved past China’s ban on cryptocurrency exchanges. They bid up prices, bet on fundamentals, and were rewarded with flashing green numbers on their trading monitors. For instance, the Ethereum-to-USD exchange rate jumped 17% to $280.69 on Sunday. Considering that…

China is the only Ethereum news that matters today, as crypto markets continue to reel from a Chinese crackdown on local exchanges. The entire crypto market is under siege. Ethereum to USD prices are down about 20.85% and Ethereum to Bitcoin prices dropped roughly 3.1%, suggesting that investors…

ETH prices fell roughly 11.36% in the last 24 hours to near $238.72. At the same time, the Ethereum to Bitcoin exchange rate dropped almost 5.44%. The biggest piece of Ethereum news today is the potential Chinese crackdown on cryptocurrency exchanges. Well, that and the recent comments from…

Where Ethereum Goes from Here Aside from Bitcoin, no cryptocurrency is more popular and promising than Ether (the native token of the Ethereum platform). ETH prices exploded by 3,995% since the start of 2017, beating every Ethereum price forecast in the world. Yet, now that it’s time to…

Bitcoin Hard Fork 2017 Is a Reality Investors hope that Ethereum prices will escape the summer doldrums, but what about the Bitcoin hard fork in 2017? Won’t that spark a crisis of faith in cryptocurrencies, leading to more pain for Ethereum? I doubt it. Don’t get me wrong,…

People Misunderstand Blockchain On a recent episode of the Slate Money podcast, columnist Jordan Weissmann said half-jokingly, "Friends don’t let friends invest in ICOs." It was an offhand comment, but it got me thinking. Is that what people think about Ethereum initial coin offerings? What a horrible thought……

Why "The Easiest Cryptocurrency to Mine?" Is the Wrong Question   The cryptocurrency revolution has arrived. With Bitcoin (BTC) hitting all-time highs, peaking at one point around $3,000 per unit—and Ethereum (ETH) going from around $10.00 to over $400.00 in under a year—these two leaders in the cryptocurrency…

Ethereum Price Prediction  With the cryptocurrency wars currently underway, two massive networks of peer-to-peer currencies are vying for supremacy: Bitcoin (BTC) and Ethereum (ETH). Seen as the newer upstart, Ethereum is perhaps more exciting for investors who are looking to get in during the early goings-on. The Ethereum price…

Why Is Ethereum Dropping? An Ethereum flash crash, an internet hoax, and something called Segregated Witness. What do they have in common? Simple. They all answer one question: “Why is Ethereum dropping?” But it’s equally important to remember what question they don’t answer. Namely, “Is Ethereum a good investment?”…

What Is Ethereum Flash Crash? It wasn’t a bad dream, dear reader. The “Ethereum 10 cents” posts, tweets, and videos floating around the Internet were real. The Ethereum flash crash was real. In the blink of an eye, ETH prices plunged from $320.00 to $0.10 on the GDAX…

3 Ways to Invest in Ethereum I missed out on the Bitcoin surge. Is Ethereum a good alternative to Bitcoin? How can I buy Ethereum? I get these questions all the time.Before I state my Ethereum price prediction, and how it compares to my Bitcoin price prediction, let’s…