Here’s What The Experts Think Will Happen To Ethereum This Year…
As most of our readers probably already know by now, Ethereum is an open-source platform that has been devised to help developers create smart contracts and dApps that are free from the interference of third party entities. Also, the platform comes prebuilt with its very own currency, Ether, that is based on blockchain technology and makes use of a distributed ledger system.
Ethereum’s Rocky Financial Journey
Over the course of the past few years, Ethereum has transformed into a legitimate ‘store of value’ — so much so that the premier altcoin was able to scale up to an amazing price point of $1,400 during December 2017.
With that being said, owing to a host of different economic factors, predicting the price of Ethereum has never been easy— especially since its role has been considerably different from that of Bitcoin (another crypto asset that has experienced massive economic turmoil over the past year or so).
(i) Matt De Silva: Matthew is a crypto analyst who has been critical of Ethereum and Vitalik Buterin from the very start.
For example, he had predicted that the asset would drop to around the $180 mark last September, following which, it would continue its descent into the abyss.
Additionally, Silva has also stated in the past that Buterin’s Ethereum platform was launched prematurely as a result of which the system “lacked an equitable distribution model”. If that wasn’t enough, he also believes that Ethereum has not been able to have a major impact on the market at large — expect for the fact that…
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