Recent news from Bitcoin and Cryptocurrency
A few hours ago there were some interesting changes in BITCOIN concerning ETHERUEM.
Lets take a look:
ETHERUEM vs BITCOIN
Etheruem has been growing beside Bitcoin, and recently it has risen and is gaining. It has received backing from large corporate commpanies including the well known Microsoft and also JP Morgan Chase.
Even though most of the people buying Ether and Bitcoin are individual investors, the gains that both have experienced have taken what was until very recently a quirky fringe experiment into the realm of big money. The combined value of all Ether and Bitcoin is now worth more than the market value of PayPal and is approaching the size of Goldman Sachs.
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So much of the Public still has no Idea about Bitcoin and Ethereum. Imagine how high the price will be when just 20-30% of the public buys their First coins.
There is danger ahead I think. When every one runs to the same place with the same idea to get rich the market can't possibly pay every one. It becomes a case of "tragedy of the commons" situation (see wikipedia)