Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Goodcat49 on January 16, 2019, 11:08:41 PM
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Ethereum’s (ETH) trading range reduced on January 15, as concentration shifted to the keenly awaited Constantinople upgrade . The hard fork, also known as the “thirdening” for trimming down the amount of new Ethereum discharged into circulation, is anticipated to bring technical changes to the globe’s third-biggest blockchain.
The surprise breakout and jailbreak relieved the risk of a fast move back to $100, which seemed certain at the beginning of this week, currently, there is not much resistance until around $160, a recently hard area to perforate for the bulls. Even though Ethereum has faced oversized trends relative to the wider market in December or so, it’s more probably to trade in lockstep with is compeers since Constantinople supply crunch bleached.
ETH still holds the third position both by trading volumes and market capitalization. According to the market cap rankings, ETH trails Ripple (XRP) by almost $200 million. Its day-to-day trading volume reached $2.92 million on Wednesday for a one-month total of over $81.5 billion, according to data from CoinMarketCap. It's only BTC and Tether (USDT) that are more actively traded.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/hard-fork-countdown-ethereums-thirdening-draws-nearer/
(https://coinidol.com/upload/resize_cache/iblock/68b/900_900_1/68bf48d476b71547295ee6bf716aa7d5.png)
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These improvements were to occur yesterday, February 27, but so far I have not found any new information about its implementation. So far we hope for success at least this time.
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Articles only help Coin Idol to increase their website rating and this is not included in the category to raise prices.
Then Hardfork also won't be effective for Ethereum because only Hardfork Constatinopel.
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The upgrade of ETH has been completed successfully but due to the bad situation of the market, instead of a rise in the price we’re encountering a dump now, so sad for those holding ETH at high price
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The market Ethereum is still as usual, even the Ethereum price drops from the price of 140 USD to the price of 130 USD.
I am now writing this thread, meaning that the incident occurred on March 3, 2019.
So, don't expect to increase the price for Ethereum because the market is still Bearish.