Why Ethereum soars

1. About digital currency, say some of their own views, you listen to, feel unreasonable just laugh
money, as a measure of transaction value, does not necessarily have value in itself, it can only be used as an intermediate unit of measurement. It's just like China has only RMB as legal tender, that is to say, government guarantee has value. For example, in those war-torn areas, ten jin currency may not buy an egg, which is the reason
back to digital currency, digital currency, until now, no country has recognized it as the currency in circulation of its own country. It seems that last year or the year before last, our country also banned some. In this case, digital currency can only be sold at a price higher than your purchase price, so that you can make money. But digital currency itself does not have any value. Unlike stocks, it is your ownership of listed companies. So if you can't find someone to buy digital currency, it's worthless
the Ponzi scheme in history, the Dutch tulip, when it was the most expensive, a tulip was worth buying a house. When no one bought it, all the tulips rotted. In addition, they couldn't get a potato. Therefore, Buffett said that digital money is a bubble, which is a hoax.
in addition, there is a saying in the stock market that when all the ladies in the vegetable market begin to discuss the stock market, it is the time when the stock market reaches its peak. In my opinion, this also applies to digital currency. When many people are discussing how to make money and how to make a lot of money, the risk has accumulated to a great extent. Most of the time, when the stock begins to fall, many people are still in the previous inertial thinking, thinking that it will rebound soon, and then it will get lower and lower, and they are more reluctant to sell it. This is why many people hold a high position on it
I'm not sure whether it is the highest point of digital currency, but I think that digital currency, which can be issued by anyone, has no purchase value and can only be sold to others. I think it's a fraud.

2. Some institutions have predicted that Ethereum will rise to $2500 by the end of the year, but it seems unlikely in the current market. Domain Kingdom's latest Ethereum price is $166, down 16% from yesterday
although the price of Ethereum continues to decline, there are still many investment opportunities. Nowadays, many people invest in Ethereum through virtual currency trading in the realm Kingdom, which is not affected by the rise and fall of prices, but also can invest less money in the shortest time to obtain more income.

3. Ethereum has considerable potential, given the recent and expected future developments. It is also the second largest cryptocurrency, at & RLM; P‏ r‏ i‏ m‏ e‏ X‏ B‏ T‏ Sheng coin net and & RLM; K‏ r‏ a‏ k‏ e‏ n‏ And & RLM; C‏ o‏ i‏ n‏ b‏ a‏ s‏ e‏ And other exchanges ranked second in terms of trading volume. Personally, I think we may see & RLM; E‏ T‏ H‏ At the top of the next cycle, it will exceed or be about 10K, and bitcoin will be about 30K. Of course, indivials don't know what will happen, but considering the current development, it may be from an indivial's point of view.

4.

Ethereum is likely to rise to 10000 in 2021

institutional investors and big capital are increasingly interested in cryptocurrency. The attention of all whales, and the attention of all the public, is focused on bitcoin. Since the global health and safety incident triggered the market crash in March 2020, the growth of eth has reached 1200%

while BTC only increased by 700%. Of course, in the context of bitcoin's record high price of 40000, Ethereum's rise to $1400 does not seem so impressive. In addition, the market value of eth is five times the trading volume of BTC market

extended information:

the increase of Ethereum is as follows:

the transaction volume recorded on Ethereum blockchain exceeds US $1 trillion. These figures exceed the transaction volume of payment giants such as PayPal, which is used by more than 350 million users and whose average transaction volume is generally less than $200 billion per quarter

each transaction will generate network fees paid by eth. Moreover, as the growth rate of the network is still very high, we can confidently expect the "bull market" trend of eth to continue. In any case, interest in cryptocurrency is growing, as are the number of active wallets, the number of transactions on the Internet, and the average size of transactions

5. Many institutional investors have begun to pay attention to Ethereum. Ethereum also rose and institutional investors have a lot to do with admission. I think Ethereum will go up. The stock exchange proposed to go to Zhongyuan, which is a seven-year-old stock exchange and has never had any security incidents. Trustworthy.

6. Two years ago, bitcoin was considered a fringe technology for liberals and computer geeks. Today, other cryptocurrencies such as bitcoin and Ethernet are gaining mainstream recognition. However, the mainstream group is driven by financial speculation rather than the demand for private money and deflationary medium of exchange. The price of bitcoin and other cryptocurrencies, such as ether and Dasey, fell immediately after the Federal Reserve raised interest rates. Specifically, the price of bitcoin fell by about 16%, while the price of other cryptocurrencies fell by about 25%. However, the price of bitcoin rebounded to the previous high in 18 hours
the reaction of cryptocurrency to the Fed's interest rate increase shows that cryptocurrency is regarded as a safe haven investment against the background of the continuous dilution of the value of major legal currencies. That's why demand for bitcoin has risen in countries where fiat currencies have fallen, such as India and Venezuela
however, if the Federal Reserve continues to raise interest rates, the market demand for cryptocurrency may decrease. The reason is that when the Fed stops printing new money, there will be less new money flowing into assets such as real estate, stocks and cryptocurrency. As a result, investor demand for anti inflation assets will decline.

7. Bitcoin up → Shanzhai coin down → bitcoin sideways or down → Shanzhai coin up → the market value of the whole virtual currency expanded