How's Ethereum Doing In the Shadow of Bitcoin?
The voice of the community
Reddit, as usual, is boiling over with discussions. The community disagrees with ETH sceptics, saying other networks don’t have scaling issues because they don’t enjoy the adoption Ethereum is currently seeing. You need people, if you want the network to be clogged, right?
“This reasoning for shorting could be applied to any coin,” one commenter stated. Another reminded the community that a similar thing happened a year ago, when ETH’s price fell from 420 USD to 130 USD.
“So accumulate, HODL and relax. The herd will come stampeding back, not a matter of if, but when.”
Meanwhile, a survey of 1,200 readers of Coindesk, a news website, in Q2 showed that majority of respondents were positive about the state of Ethereum.
How's Ethereum Doing In the Shadow of Bitcoin? 103
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