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Yes, exactly. They need to do something to breathe some life into it.
Over $3,700! Nice!
They extended it until early September. I'm not sure of the exact date, but I think its September 3rd. So, TD Ameritrade will accept sell orders, but not buy orders.
Yes, on the path towards $10,000 next year.
Nice!!
Sure, bring it on! We'll take anything at this point, LOL.
It's certainly been a long and disappointing journey! Wishing you all the best!
LOL, it's worth a shot! With this incredibly small float and market cap, it won't take much to send this to 25 cents!
Sounds good! Yes, I'm in it for the long-term!
Nice! We're coming on strong! This is why I've been holding Ethereum since 2017.
Nice!! Thanks for posting this!
Yes, and I agree it's surprising that it's still trading.
Yes, but not the stock, LOL.
It doesn't want to die, LOL
You should have said that 5 years ago. Most of them are trash though, but Ethereum and Bitcoin are the best of the best. It's already self-sustaining now.
LOL Lindy
Nice! Yes, everyone has their own preferences and what works best for them. Now let's continue out march towards $10,000 for Ethereum
Interesting! Also, Ethereum is up on the following news and Bitcoin is down on it: Tesla has “suspended vehicle purchases using bitcoin,” out of concern over “rapidly increasing use of fossil fuels for bitcoin mining,” according to a tweet from CEO Elon Musk on Wednesday.
I bought mine through Coinbase in 2017, and I also recently opened a Robinhood account and have traded some in there. They are both pretty self-explanatory, so just check them out, and see what others here say. Good luck!
Congrats!!
Ethereum at $5,000? One financial advisor CEO says it could happen this week
BY
CHRIS MORRIS
May 3, 2021 12:23 PM EDT
Updated May 3, 2021 12:54 PM EDT
Ethereum continued its record run Monday, once again hitting an all-time high of $3,204, but the CEO of one financial advisory firm says he believes the crypto will top $5,000 within the next week.
Nigel Green, CEO and founder of deVere Group, says Ethereum’s time has come—and the digital currency is well positioned to increase its market share.
“Ether is one of the main beneficiaries in the wider explosion in the cryptocurrency market,” he said. “The boom over recent months has been fueled by soaring interest from major institutional investors and growing recognition that borderless digital currencies are the future of money. This momentum is likely to build further in the near-term and I believe Ether will hit $5,000 within seven days.”
Ethereum, the world’s second largest cryptocurrency, is up more than 321% year to date, compared to a 98% increase in the price of Bitcoin, but it hasn’t captured quite the same zeitgeist among investors.
Green argues it’s a more scalable currency and has a superior blockchain technology.
Ethereum has been on an upswing for several days after the European Investment Bank issued its first-ever digital bond sale on the Ethereum blockchain network. Bloomberg reported the sale will be led by Goldman Sachs, Banco Santander, and Societe Generale.
The supply of Ethereum has also been dropping amid increased demand and businesses have been investing in startups that revolve around Ethereum, including such big names as Mastercard, UBS, and JPMorgan. A $1,000 investment in Ether in 2015 would be worth over $4.7 million today.
“Ethereum is already years ahead of Bitcoin in everything but price and fame,” said Green. “There’s a real sense that 2021 is the year for Ether. Its time has come.”
https://fortune.com/2021/05/03/ethereum-price-ether-5000-dollars-record-high-crypto/
Ethereum is surging thanks to NFTs
https://www.cnn.com/videos/business/2021/05/03/ethereum-record-high.cnnbusiness/video/playlists/business-digital-currency/
Up to $3,286 now! The amazing run continues! This is major accumulation. My buy in 2017 at $288 is looking great, but why didn't I buy more early last year? LOL.
You're welcome
Yes, it's going to be interesting!
Good luck. Pullbacks are always possible after such a huge run, but check this out:
Digital currency ether hits a record high, stealing bitcoin’s limelight
PUBLISHED THU, APR 29 20218:11 AM EDTUPDATED THU, APR 29 20211:09 PM EDT
LONDON — Ether hit an all-time high Thursday as bitcoin’s dominance of the cryptocurrency market declined.
The world’s second-largest digital currency by market value surged to a fresh record of $2,800 on Thursday morning, according to data from Coin Metrics. Bitcoin, the top digital coin, was slightly lower at a price of $54,471.
The move comes after the European Investment Bank announced Wednesday that it had issued its first ever digital bond on the Ethereum blockchain, ether’s underlying network. This led to speculation that the currency is gaining traction among mainstream financial institutions.
Most major cryptocurrencies were trading higher Thursday, boosted by ether’s rise. Bitcoin, the most valuable digital coin, is down about 16% from its all-time high of almost $65,000 earlier this month. It has still had a stunning rally, though, climbing almost 90% so far this year, on the back of increased interest from institutional investors and corporate buyers like Tesla.
At the same time, some investors have warned of froth in the crypto market. Dogecoin, a meme-inspired digital token, rallied Wednesday after supportive tweets from celebrities like Elon Musk and Mark Cuban.
And plenty of other “altcoins,” or alternative currencies, have also rallied this year. This led to bitcoin’s dominance of the crypto market falling below 50% last week for the first time since August 2018, according to CoinMarketCap.
The first time bitcoin’s share of the market sank below that level was in 2017, before a huge slump in crypto prices now referred to as a “crypto winter.” But bitcoin bulls contend things are different this time, as the rally is being driven by institutional demand rather than retail investors.
“There’s just so much hype from the institutions coming in,” Carol Alexander, professor at the University of Sussex Business School, told CNBC last week. “Bitcoin is almost like a sort reference point, the numeraire of crypto. I think there’s going to be sustained demand as institutional investors become more confident about the market.”
“Having said that, on the more retail side that used to be in bitcoin, it’s not cool anymore,” Alexander added. “Everyone knows about bitcoin and we want things to talk about. We don’t want to talk about Covid all the time. So much of this is about market psychology. We’ve been shut inside and haven’t had any news to talk about.”
Skeptics of cryptocurrencies say that bitcoin and other digital coins are a speculative bubble. Stephen Isaacs, chairman of the investment committee at financial consultants Alvine Capital, told CNBC earlier this month that he thinks bitcoin is in a “bubble” that will burst, citing risks around regulation and climate change.
Ethereum vs. bitcoin
Ethereum may be coming after bitcoin, but there are some key differences between the two. For one, Ethereum has several software developers building apps on its network. Ether is the native token of the Ethereum blockchain.
One popular trend in the so-called decentralized app space is NFTs, or nonfungible tokens, digital assets meant to represent ownership of rare virtual items like art and sports memorabilia. Many NFTs are based on Ethereum.
Ethereum is also going through a major upgrade that will push it further from bitcoin, in theory allowing for faster transaction times and reducing the amount of power required to process transactions. Both bitcoin’s and ether’s networks have attracted criticism from environmentalists over the impact of crypto mining on the climate.
“Post the network upgrade, Ethereum in particular is proving its use-case, and with developers piling on to the platform, it is little wonder it is gaining so much traction with investors,” said Simon Peters, cryptoasset analyst for online trading platform eToro.
“Underlying this is demand from institutional investors. While they may now have some exposure to bitcoin, institutions are now diversifying their exposure and Ethereum is the natural next pick, and that leaves the second biggest cryptoasset by market cap well placed to benefit further.”
Disclosure: CNBC owns the exclusive off-network cable rights to “Shark Tank,” which features Mark Cuban as a panelist.
https://www.cnbc.com/2021/04/29/bitcoin-btc-ethereum-eth-cryptocurrency-price-hits-record-high.html
Around 722 million shares.
Nice article from Thursday on Ethereum:
Digital currency ether hits a record high, stealing bitcoin’s limelight
PUBLISHED THU, APR 29 20218:11 AM EDTUPDATED THU, APR 29 20211:09 PM EDT
LONDON — Ether hit an all-time high Thursday as bitcoin’s dominance of the cryptocurrency market declined.
The world’s second-largest digital currency by market value surged to a fresh record of $2,800 on Thursday morning, according to data from Coin Metrics. Bitcoin, the top digital coin, was slightly lower at a price of $54,471.
The move comes after the European Investment Bank announced Wednesday that it had issued its first ever digital bond on the Ethereum blockchain, ether’s underlying network. This led to speculation that the currency is gaining traction among mainstream financial institutions.
Most major cryptocurrencies were trading higher Thursday, boosted by ether’s rise. Bitcoin, the most valuable digital coin, is down about 16% from its all-time high of almost $65,000 earlier this month. It has still had a stunning rally, though, climbing almost 90% so far this year, on the back of increased interest from institutional investors and corporate buyers like Tesla.
At the same time, some investors have warned of froth in the crypto market. Dogecoin, a meme-inspired digital token, rallied Wednesday after supportive tweets from celebrities like Elon Musk and Mark Cuban.
And plenty of other “altcoins,” or alternative currencies, have also rallied this year. This led to bitcoin’s dominance of the crypto market falling below 50% last week for the first time since August 2018, according to CoinMarketCap.
The first time bitcoin’s share of the market sank below that level was in 2017, before a huge slump in crypto prices now referred to as a “crypto winter.” But bitcoin bulls contend things are different this time, as the rally is being driven by institutional demand rather than retail investors.
“There’s just so much hype from the institutions coming in,” Carol Alexander, professor at the University of Sussex Business School, told CNBC last week. “Bitcoin is almost like a sort reference point, the numeraire of crypto. I think there’s going to be sustained demand as institutional investors become more confident about the market.”
“Having said that, on the more retail side that used to be in bitcoin, it’s not cool anymore,” Alexander added. “Everyone knows about bitcoin and we want things to talk about. We don’t want to talk about Covid all the time. So much of this is about market psychology. We’ve been shut inside and haven’t had any news to talk about.”
Skeptics of cryptocurrencies say that bitcoin and other digital coins are a speculative bubble. Stephen Isaacs, chairman of the investment committee at financial consultants Alvine Capital, told CNBC earlier this month that he thinks bitcoin is in a “bubble” that will burst, citing risks around regulation and climate change.
Ethereum vs. bitcoin
Ethereum may be coming after bitcoin, but there are some key differences between the two. For one, Ethereum has several software developers building apps on its network. Ether is the native token of the Ethereum blockchain.
One popular trend in the so-called decentralized app space is NFTs, or nonfungible tokens, digital assets meant to represent ownership of rare virtual items like art and sports memorabilia. Many NFTs are based on Ethereum.
Ethereum is also going through a major upgrade that will push it further from bitcoin, in theory allowing for faster transaction times and reducing the amount of power required to process transactions. Both bitcoin’s and ether’s networks have attracted criticism from environmentalists over the impact of crypto mining on the climate.
“Post the network upgrade, Ethereum in particular is proving its use-case, and with developers piling on to the platform, it is little wonder it is gaining so much traction with investors,” said Simon Peters, cryptoasset analyst for online trading platform eToro.
“Underlying this is demand from institutional investors. While they may now have some exposure to bitcoin, institutions are now diversifying their exposure and Ethereum is the natural next pick, and that leaves the second biggest cryptoasset by market cap well placed to benefit further.”
Disclosure: CNBC owns the exclusive off-network cable rights to “Shark Tank,” which features Mark Cuban as a panelist.
https://www.cnbc.com/2021/04/29/bitcoin-btc-ethereum-eth-cryptocurrency-price-hits-record-high.html
Nice! Thanks for posting it!
Yes, $2,600 now, but just a matter of time until we reach $3,000 and then higher
I remember your Dad from back around 2010. I'm very sorry for your loss.
I recently bought back into ERHE as the market cap is still extremely low compared to the potential assets.
At least we're all making money
Yes, and my $288 buy looks even better, but I didn't really buy all that much. Still enjoying the ride though
Link to the $10,500 price target for Ethereum that was made in January:
Issuing a $10.5k target on Ethereum (ETH). We’ve been recommending overweight exposure since April 2020 & still see significantly more upside. @fundstrat @fs_insight pic.twitter.com/55M3EoxPj4
— David Grider (@David_Grid) January 20, 2021
Good stuff, thanks!
Yes, exactly. Now I just enjoy the ride and see if we can get to $5,000 next year.
Thanks, but I wish I had bought a lot more, LOL
Still holding from 2017. Gaining some nice momentum now!
The market is closed today.
Thanks! Yes, let's go! Does anyone know if midtieroil or RCParker99 are still around?