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I've suspended my 401K contribution and buy a small bit of ETH every paycheck. What is the rational here? Interested in ETH, however I haven't seen it move pas
by rokhayakebe 9y ago
I've suspended my 401K contribution and buy a small bit of ETH every paycheck.
What is the rational here? Interested in ETH, however I haven't seen it move past $400 in months.
- jdhawk 9y agoJust because its not tracking with BTC at the moment does not mean its never going to increase in value.
- karpodiem 9y agoYou mean $300? ETH seems to lack the drama of BTC and Byzantium is humming along. I see the ETH dev team being active/creating off-chain solutions (whether the market will adopt these solutions is a valid question to ask) - I think these solutions offer value that isn't fully priced in.
- corford 9y agoI like ETH (especially the lack of fork drama every few months) but the only thing that's stopping me regularly buying more is a fear for what will happen to the price if the ICO market starts receiving sustained negative attention from regulators. Blog posts like this one suggest a (probably necessary imho) storm is coming: https://blog.colony.io/the-colony-token-sale-7ac14c845bc0 https://blog.colony.io/the-colony-token-sale-7ac14c845bc0 I know ETH isn't just about ICOs but I remain skeptical how big of a market there is, outside of the ICO world, for Dapps and smart contracts. That's before considering potential competition from projects like NEO, ARK and LISK; which could further splinter demand.