Ethereum , a bubble that is about to burst ?

in #cryptocurrency7 years ago (edited)

THE ETHEREUM BALLOON IS GETTING EVEN BIGGER THAN LAST TIME

Ethereum 24.11.17.png

Ethereum price raised drastically in the last few days . What are the reasons for that to happen ? Rumors say that there are 100 000 new Coinbase applicants who joined two weeks ago . The question is : How long does it take to get approved by Coinbase so you can start buying cryptos ? Coinbase allows people to purchase Bitcoin, Ethereum, and Litecoin . And now we see 10-20% jumps in these three coins in a short period of time . The Market cap and the interest are rising drastically from there the price is affected . This looks like a huge balloon is about to take place in the cryptocurrency world . This can be very profitable for some people and very disappointing for some as well . As we know this is not the first time such kind of bubbles are taking place , and they grow up with the same speed as they burst . The prices are going to the sky and than drastically downgrade to even 50% of the last 24 hours price . So what people want to know is that they need to be very careful and stay in touch with the current market price .


We have already seen this effect on this cryptocurrency called ETH . In May 2017 we all witness the growing price from 50$ up to 410$ in the middle of June 2017 , and we all saw what hapend with the price after that . The question remains : How long does it take to get approved by Coinbase so you can start buying cryptos ? I think that we all know what is the answer , what is happening at the moment , what will happen and what we have to do !

Thank you for your time ! I hope this post was helpful . Feel free to comment , resteem and follow me for more posts in the cryptocurrency sphere :)