What's the outlook on this? Why's it so low? Will it recover?
Thinking this might be a good time to buy while BTC/BCH is currently taking the headlines...
>>3116994
It's completely tied to BTC right now. Getting in before Metropolis hits should be a good buy though, but you never know I guess.
The supply is unlimited
It makes no sense to have the same level of value as Bitcoin which has a limited supply
>>3116994
It will go lower, possibly close to $200 again with the current uncertainty between BTC and BCH and therefore missing trust in crypto.
But it has major new releases coming up and I'm certain it will see $1000 at the end of the year. Not just quite yet
>>3117032
I always see this meme repeated and it's silly. It's been said time and time again that the total supply most likely won't ever exceed 100m
>>3117032
>>3117058
This is not true until PoS is implemented
PoS will not be implemented until 2018 according to Ethereum Core Dev
>>3117032
i swear to god i cringe everytime i see this
>what is pos
>what is ice age
>what is reduced block rewards
>what is metropolis
>what is ether burning addresses
>>3117109
ethers don't get burned regularly you faggot
the "burned" ethers go into miner's pocket
then miners dump them into the market for fiat