Ethereum (ETH) is the second largest coin by market cap. In mid 2017, most investors seriously considered the possibility of flippening which means Ethereum (ETH) overtaking Bitcoin (BTC) in terms of market cap. Now, even to their own surprise all of a sudden nobody is talking about Etheruem (ETH) anymore with as much zeal and excitement as before. Before we discuss what went wrong, let us say that Ethereum was one of the hottest coins last year which did make 100x returns for investors who got in at the beginning of the year and got out at the top. In addition to that, last year we saw one ICO come into existence after another. There were so many projects built on Ethereum all of which helped the coin garner more and more attention.
Things took a bad turn in the beginning of 2018. Ethereum got embroiled in not one, but multiple big issues like scalability, immutability, legal problems arising from Ethereum based ICOs and POS vs. POW issues.
Read detailed analysis here: cryptodaily.co.uk/20...eum-eth-big-trouble/
Things took a bad turn in the beginning of 2018. Ethereum got embroiled in not one, but multiple big issues like scalability, immutability, legal problems arising from Ethereum based ICOs and POS vs. POW issues.
Read detailed analysis here: cryptodaily.co.uk/20...eum-eth-big-trouble/
Comment:
So far so good, proceeding as expected.