Ethereum with the Brighter Bull Case than Bitcoin (BTC/USD)
Both Ethereum and Bitcoin have bounced back from last week's plunge, but ETH is looking even more bullish than BTC.
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Both Ethereum and Bitcoin have bounced back from last week's plunge, but ETH is looking even more bullish than BTC.
Altcoins like Bitcoin Diamond and Ethereum Classic seem to have come out from hibernation, with some recording weekly gains in excess of 300%. What Happened: Leading this week’s crypto rally was Ethereum Classic (ETC), which surged 340% in seven days from $35 to $154. Formed as a result of a contentious hard fork of the Ethereum blockchain, development and utility of the chain itself has been called into question despite Ethereum Classic being the “original Ethereum.” See also: Its creators and miners moved on to the Ethereum blockchain, leaving Ethereum Classic far behind in terms of...
“We felt like we were doing God’s work,” explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early days of Bitcoin. The man whose gambling platform SatoshiDice was once responsible for half of all Bitcoin transactions, is now an elder statesman of crypto and the CEO of the ShapeShift exchange. He remembers Bitcoin being written off as a joke at the Money 2020 conference in Las Vegas back in 2012. At the time he was working for BitInstant, one of the first Bitcoin exchanges, and they had a booth right next door to PayPal.