Well ETH' has finally left the station and appears to be full steam ahead. On Nov 23rd we posted a chart with a target level of $458-$482. It actually hit our target level and consolidated nicely in the channel with a short lived spike that surged past $500 temporarily before pulling back and testing the previous resistance line where it found support. After completing an ABC' correction is it quickly retesting the previous . In my opinion this is a sign and I will trade a breakout. I have updated the chart from Nov 23rd with revised target levels.
As we enter a "brave new world" of cryptos, Ethereum' has many more applications than just being a peer to peer means of barter/exchange, and much less competition. Bitcoin competes with a number of coins. Contract based payment systems and the applications for them are endless and this is truly and internet of things play moving forward.
Before I get 30 contract based coins that are in development, many I already own, most if not all all speculative at this point and do not have the market penetration ETH' does. ETH' has a working product and market penetration. Many alt coins use the platform as well. First to market advantage!
What do you think about BTG?