Is Ethereum about to explode, considering the upcoming hard fork on the 18th of January?
It is possible that Ethereum’s price will increase after the EtherZero (ETZ) hard fork on the 19th of January, possible reasons include:
Investors buying Ethereum/Ether (ETH) to increase the amount of free EtherZero they receive (ETH holders will recieve one ETZ for every ETH they own)
Investors could sell the EtherZero after the hard fork and use it to buy more Ether.
Due to the above reasons, Ethereum’s price could rise rapidly (similar to what happened with Bitcoin) and this would attract new investors who want to take advantage of the price increase.
We can look at how hard forks have effected the value of Bitcoin in 2017 to help give us an idea.
Bitcoin doubled in price after the Bitcoin Cash (BCH) hard fork and continued its bull run throughout the year and increased again after the Bitcoin Gold (BTG) hard fork and only slowed down after the Bitcoin SegWit2x (B2X/Bitcoin2x) hard fork was cancelled.
Before the Bitcoin Cash hard fork one Bitcoin was worth about $1,600 and after the Bitcoin Cash hard fork the price for one BTC was $4000, then shortly after the Bitcoin Gold hard fork one Bitcoin was worth over $10,000.
If you want to go into details read more at https://www.amigoup.com/blog/is-ethereum-about-to-explode-considering-the-upcoming-hard-fork-on-the-18th-of-january
informative article keep it up
Bitcoin is King - that's why its price will continue to grow!
interesting point
Yes! It's possible to happen because we are now in the cryptocurrency world when no one can control the prize.
Keep to post, don't stop your ppst it's very good!
Well said about ETH and forks, another way to poof money into existence. Closest thing crypo has to playing like the Federal Reserve.
Wooo. This is a helpful information.. I should be hoarding eth. now, just in case your prediction will be correct. No regret. Hahaha
Interesting
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May be you like this https://busy.org/ethereum/@akubaihaqi/ethereum-price-reaches-usd1000