I'm Bullish on ETH (Short-mid term)

With the upcoming Constantinople Ethereum hard fork, I'm bullish on the price of ETH in the short to medium term. Let's discuss why the block reward reduction from 3 to 2 is a positive for supply/demand and how it might impact things moving forward.

Alex Kruger thread on Ethereum Constantinople hard fork:
https://twitter.com/Crypto_Macro/status/1077221644408635392

Older CoinTelegraph article:
https://cointelegraph.com/news/ethereum-constantinople-hard-fork-to-come-in-mid-january-based-on-devs-new-agreement

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In addition to lower supply due to mining, their is probably also less supply being sold into the market from ICOs as the amount of capital raised has also fallen.

Posted using Partiko iOS

On a side note I have made a post documenting how easy it is to use the lightning network now and a way to get some free satoshis to test 🍻