ETH is temporarily overbought after breaking out the bullish pennant. Still, for its momentum to stop another ~$50 gain can be expected (& we'll get roughly AB=CD growth before & after the pennant).
We're likely to experience a correction thereafter. Several supports are the weekly EMA (~950) and monthly (~800). I don't really expect it to even touch the trend line, as we're looking forward to switching to POS.
@DrJLT, the chinese ethereum ;-) yeah i think it's all about internet 2.0 now...
DrJLT
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@qdoc, NEO can handle 10k tx/s. Think about bit's unconfirmed :D
DrJLT
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@DrJLT, shills like to say it's Roger Ver that's spamming them, but the point is he doesn't have to. It's a ten-year-old tech. Today's smart phones have more computing power than a 10 yrd workstation.
Doc-al-Citadel
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@DrJLT, yup. But as we have noted weird things going on with hashrates etc anyway. I just don't think the cashening is in the script either. Could be wrong of course. I think bch is like trump: the disruptor. Lots of hot air, lots of 'fire and fury' but ultimately not much will change. Ether on the other hand... And yes a neo vs ether may be next years script ;-)