London upgrade effectively means that price is too low right now. With the upgrade of the system, ETH includes natural gas burning which serves to combat inflationary price increases offset by new buyers in the market without external controls on the system. While this does constrain some miners (effectively halving their reward), this change will ultimately be the best for the system as a whole. While moving from a 'proof of work' model to a 'proof of stake' model will take plenty of time, over the next 5-10 years, ETH will become more akin to mainstream asset classes. Quite honestly, there is nothing else in the market right now more lucrative that catching the trend of ETH and cryptocurrency this summer as the boom will continue into the late roaring 20s and 30s.
The future is here; support programmers by buying more tokens. Will show you my private scripts and code if you want to work on things together.
Sincerely,
William Merritt McPhail
The future is here; support programmers by buying more tokens. Will show you my private scripts and code if you want to work on things together.
Sincerely,
William Merritt McPhail
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.