Ethereum had a pretty miserable 2019. Things could worsen, however, before the end of the year, since the Asset is squandered in the stock markets (even by the founders themselves) and the fear of the community grows.
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Ethereum had a tough year
The market capitalization second largest crypto-Asset in the world is currently being traded lower than last year. According to Tradingview.com another decline today, the prices under $125 fall, so that ETH is in danger, at $100 to fall back.
In the last week the digital asset has lost value nearly 20% and these losses seem to expand. View base measures mass Token Dumps, and noted: There are great amounts of Ethereum will be sent to the stock exchanges.
204,530 $ETH has been sent to exchanges, with 89,058 ETH going to #Kraken, 25,908 ETH going to #Binance and 99,987 ETH to #Huobi respectively. pic.twitter.com/CbjqqZRdJy— view base (@view basecom) December 25, 2019
Even one of the co-founder of Ethereum has tried at Christmas, silently and secretly, around 90,000 ETH repel.
The plus token has been flooded with fraud in the markets already, with the ETH and the prices in the depth driven. Now these transactions could increase the avalanche yet.
Verforkt again
In addition, Ethereum FUD on the rise again, because the next Hard Fork approaches. The Timing of the Muir-Glacier-Upgrades is questionable, since it falls on new year’s day.
The second Upgrade in less than a month, has not only ensured the Ethereum-haters like to profess and Bitcoin maximalists for attention. Developers should not be happy to have over the holidays to work to update the Nodes.
“As I said, that Ethereums “Surprise Hard-Fork”, which increases the inflation rate, on the 1. January, a holiday is planned! – the people said, I would have been wrong, so I took the back. As it turned out, they were wrong, I was right, and we’ll find out only a week in advance. Good work ETH“
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It is a Routine Upgrade, however, many question why it was not included in Istanbul. The Muir Glacier-Upgrade will delay the difficulty of bomb by a further 4 million blocks, or approximately 600 days until the EIP 2384.
Buterin has proposed Changes that could accelerate the introduction of ETH 2.0, by the two be merged and the existing Chain as a Shard of the new operation.
For those who haven’t seen it yet, my proposal to merge eth1 into eth2 earlier:https://t. co/68DjAWavLz— vitalik.eth (@VitalikButerin) December 26, 2019
It seems that the wider crypto-community will now have to shoot an increasing amount of digital ammunition on Ethereum, although the increased tribalism in the industry, in General, a lot of.
It is unlikely that prices will recover this year, so that another crash seems quite possible, while Ethereum goes through this storm.