Why Ethereum is The Best?

[NikeFit_7777]

Today we celebrate the 9th anniversary of Ethereum.

Ethereum began development in late 2013 and was launched on July 30, 2015, becoming the second largest blockchain after Bitcoin. At its ICO in 2014, the coin was priced at $0.30 and raised about $18 million dollars.

The creator of Ethereum is Vitalik Buterin. He learned about Bitcoin from his father at the age of 17 and co-founded Bitcoin Magazine in 2011. Dissatisfied with Bitcoin's limitations, he decided to create a platform for more complex blockchain applications.

So far, ETH has shown a growth of 11133%. To give you an example, if you invested even $1 in the ETH ICO, today you would have $11122. Understandably, many would have sold the coins much earlier after seeing a few dozen X's, but some investors are still holding the coins and have no plans to sell them.

[Dr.Bitcoin_Strange]

Ethereum is one of the best in cryptocurrency but not the best, we all no Bitcoin is bigger than Ethereum and when ever Bitcoin is in any kind of situation it affects Ethereum,
Ethereum and Bitcoin are seen as the best and good to invest into, Ethereum is seen as the only coin that is close to Bitcoin and the only coin that can take over Bitcoin, and it has also recorded a wonderful growth since it's existence.
A drop in Bitcoin price always lead to a drop in Ethereum  price also and a lot of people always ask why those Bitcoin fall or rise affect Ethereum.

A friend said is not good to invest in both Ethereum and Bitcoin because they are one coin, why another said investing in both coin can affect you mentally because a drop in one is a drop in both, all this thought may be right but all I can say is that this two coins are the best to invest on.

[doc]

Ethereum is one of the best in cryptocurrency but not the best, we all no Bitcoin is bigger than Ethereum and when ever Bitcoin is in any kind of situation it affects Ethereum,
Ethereum and Bitcoin are seen as the best and good to invest into, Ethereum is seen as the only coin that is close to Bitcoin and the only coin that can take over Bitcoin, and it has also recorded a wonderful growth since it's existence.
A drop in Bitcoin price always lead to a drop in Ethereum  price also and a lot of people always ask why those Bitcoin fall or rise affect Ethereum.

A friend said is not good to invest in both Ethereum and Bitcoin because they are one coin, why another said investing in both coin can affect you mentally because a drop in one is a drop in both, all this thought may be right but all I can say is that this two coins are the best to invest on.

Everyone has their own thoughts and opinions, I also only choose bitcoin for large investments, for ethereum I only hold a small amount. Because I choose other top coins that I think have higher profits than ethereum if held for the long term, of course waiting for the bullish season to sell.

[Muneeb22]

ETH is the 2nd best coin for investment after the BTC and this coin is the most secure coin and best for investment becasue through ETH you can earn through trading and also through the staking. This is the time through which we can earn good money easily without any loss.

[NikeFit_7777]

Ethereum is getting ready to rocket ace? Ethereum's four-hour chart shows an inverse double top indicating a bullish reversal. If buyers continue to gain momentum, a breakout of the resistance level is possible, according to no link shorteningday!

It is important to keep an eye on trading volume to confirm the strength of the bullish reversal. The next target could be $3,300, but traders should be wary of false breakouts.

P.S. How long to wait for the ether pullback to 4k? How much more time is needed?

[dekafee79]

Ethereum is getting ready to rocket ace? Ethereum's four-hour chart shows an inverse double top indicating a bullish reversal. If buyers continue to gain momentum, a breakout of the resistance level is possible, according to no link shorteningday!

It is important to keep an eye on trading volume to confirm the strength of the bullish reversal. The next target could be $3,300, but traders should be wary of false breakouts.

P.S. How long to wait for the ether pullback to 4k? How much more time is needed?

The price of bitcoin is experiencing a decline and almost all altcpins are down today, I cannot predict the price increase of bitcoin and ethereum at this time, it is possible that if the price of bitcoin rises again the price of ethereum will also rise again. Bitcoin price is currently down to $62K and ethereum is $3K, it is likely that ethereum price will fall below $3K.

[Faisal2202]

Ethereum began development in late 2013 and was launched on July 30, 2015, becoming the second largest blockchain after Bitcoin. At its ICO in 2014, the coin was priced at $0.30 and raised about $18 million dollars.

OMG I did not know it was priced at $0.3 but unfortunately, I was not aware of the crypto world at that time I guess now I have another task to do when I have time machine and that is going back to 2014 and buy as many ETH as I can haha. But Buying BTC is still my first task.

The creator of Ethereum is Vitalik Buterin. He learned about Bitcoin from his father at the age of 17 and co-founded Bitcoin Magazine in 2011. Dissatisfied with Bitcoin's limitations, he decided to create a platform for more complex blockchain applications.

I also did not know that he learned about crypto from his father, till now I have seen many posts where OP asked about when they should teach about crypto and blockchain to their kids I think we can take this example as well to understand what time should be great to teach our kids about crypto who know they might be next Vitalik. Don't worry parents, I hope your kid won't be Vitalik in terms of looks haha (just kidding).

[Hamza2424]

Everyone has their own thoughts and opinions, I also only choose bitcoin for large investments, for ethereum I only hold a small amount. Because I choose other top coins that I think have higher profits than ethereum if held for the long term, of course waiting for the bullish season to sell.

Good, strategy but we need to acknowledge the domain of both assets, Bitcoin is good, secure, reliable and the king of the market, and ETH is also reliable, not that secure but way better than other shity projects and also a name with domination in the crypto market. Bitcoin is considered as a store of value, a safe investment, an inflation hedge, and the most secure payment system even if it's a little expensive sometimes. At the same time, ETH has a great ecosystem behind it, L2's Defi, Liquid staking, and much more related to financial applications.

Both are the overlords of their domains, yup ETH has many competitors and Bitcoin is the only brand haha.

[NikeFit_7777]

Ethereum network fees have fallen to their lowest level in almost 2 months, a precipitous drop in the index since early June. Some analysts believe this could be the calm before the storm ahead of the upcoming launch of spot Ethereum ETF trading.

P.S. At this stage of the market + lower transaction prices, does anyone continue to use the ETH network to obtain airdrops from various crypto projects? 

[NikeFit_7777]

Vitalik Buterin published an article in which he warns voters against supporting political candidates who claim to support cryptocurrencies without understanding the underlying goals of the technology.

Vitalik also noted that such politicians may support legislative measures that could more broadly harm the crypto ecosystem, despite their rhetoric.

Some people running for office have been labeled as “cryptocurrency advocates” but have not necessarily made clear their positions on privacy in communications, digital identity, and access to information.

Source link: https://vitalik.eth.limo/general/2024/07/17/procrypto.html

[bitterguy28]

Vitalik Buterin published an article in which he warns voters against supporting political candidates who claim to support cryptocurrencies without understanding the underlying goals of the technology.

and he is right many politicians make the mistake of implementing a law or regulation without proper knowledge of how crypto works even if a politician says they are in favor of crypto most of the time there is some hidden agenda here and they don't really understand even the most basic core of crypto

Some people running for office have been labeled as “cryptocurrency advocates” but have not necessarily made clear their positions on privacy in communications, digital identity, and access to information.

while i understand that people think the support of the government will make it easier for everyone to use crypto, i see that they have forgotten that crypto should be decentralized and so far all politicians i have heard are only interested in using crypto as a profit making tech and want to incorporate it to the country's economy and financial sectors

[debra]

The price of bitcoin is experiencing a decline and almost all altcpins are down today, I cannot predict the price increase of bitcoin and ethereum at this time, it is possible that if the price of bitcoin rises again the price of ethereum will also rise again. Bitcoin price is currently down to $62K and ethereum is $3K, it is likely that ethereum price will fall below $3K.

Whenever there is a big dump in Bitcoin price, altcoins prices also experience a big dump, including the price of Ethereum. If you checked the price of Ethereum yesterday, it dropped to $2,100. It is because the price of Bitcoin dropped significantly to $49k. I think if the price of Bitcoin dropped to $48k, the price of Ethereum may be below $2,000. Ethereum price is mostly following the price of Bitcoin, so be careful if Bitcoin often dropped its price.

[dekafee79]

The price of bitcoin is experiencing a decline and almost all altcpins are down today, I cannot predict the price increase of bitcoin and ethereum at this time, it is possible that if the price of bitcoin rises again the price of ethereum will also rise again. Bitcoin price is currently down to $62K and ethereum is $3K, it is likely that ethereum price will fall below $3K.

Whenever there is a big dump in Bitcoin price, altcoins prices also experience a big dump, including the price of Ethereum. If you checked the price of Ethereum yesterday, it dropped to $2,100. It is because the price of Bitcoin dropped significantly to $49k. I think if the price of Bitcoin dropped to $48k, the price of Ethereum may be below $2,000. Ethereum price is mostly following the price of Bitcoin, so be careful if Bitcoin often dropped its price.

It seems that Bitcoin will experience fluctuations until September and in early October we will see the price of Bitcoin start to rise again. So you should be careful when trading, because I was also trapped in high prices. When the price of bitcoin decreases, altcoins will also decrease in price.

[Hamza2424]

It seems that Bitcoin will experience fluctuations until September and in early October we will see the price of Bitcoin start to rise again. So you should be careful when trading, because I was also trapped in high prices. When the price of bitcoin decreases, altcoins will also decrease in price.

Hmm, TBH August is the disturbing month most of the time in the Crypto market's history, and I dont know why but for sure the end of August is gonna be good if you are a long-term investor there's nothing to worry about the positions on the higher prices, as for the rest i've also been stuck in many high positions even some are from 2 years ago, ahha still hopeful.

[de_prof]

It seems that Bitcoin will experience fluctuations until September and in early October we will see the price of Bitcoin start to rise again. So you should be careful when trading, because I was also trapped in high prices. When the price of bitcoin decreases, altcoins will also decrease in price.

Hmm, TBH August is the disturbing month most of the time in the Crypto market's history, and I dont know why but for sure the end of August is gonna be good if you are a long-term investor there's nothing to worry about the positions on the higher prices, as for the rest i've also been stuck in many high positions even some are from 2 years ago, ahha still hopeful.

keep holding on and hold on to your coins until past the end of August, because perhaps in early September we will see the market start to improve. but there are those who predict early October, but never mind. If we hold for the long term, don't worry about the market because the bullish season is still long, chances are we will see it next year.