From late December 2017 to early January 2018, cryptocurrency prices fell sharply. Bitcoin has mostly been hit hard, falling from above nearly $20,000 to below $10,000 through a delay in February 2018. Now, in 2021, Bitcoin has hit a new all-time high, with a cap on April 14 nearing $65,000. Over the next few weeks, Bitcoin’s rate has stabilized at around $50,000, while Ethereum continues to hover at just under $3,000 in ETH. Let’s find out a way to buy Ethereum with Canadian dollars.

1. IS ETHEREUM STRONGER
THAN OTHER
CRYPTOCURRENCIES? LET’S
FIND OUT HOW TO BUY
ETHEREUM WITH
CANADIAN DOLLARS

2. From late December 2017 to early January 2018,
cryptocurrency prices fell sharply. Bitcoin has mostly
been hit hard, falling from above nearly $20,000 to
below $10,000 through a delay in February 2018.
Now, in 2021, Bitcoin has hit a new all-time high, with
a cap on April 14 nearing $65,000. Over the next few
weeks, Bitcoin’s rate has stabilized at around
$50,000, while Ethereum continues to hover at just
under $3,000 in ETH. Let’s find out a way to buy
Ethereum with Canadian dollars.

4. The profits and losses of Ethereum and Bitcoin are
generally stable: when Bitcoin falls, Ethereum falls,
and while Bitcoin rises, so does Ethereum. The
maximum of these mirrored ups and downs can be
seen when assessing the prices of both from late
2020 to early 2021: both are priced less than half
their current levels and into October.
Ethereum balances and Bitcoin cryptocurrency prices
vary depending on who you ask. Ethereum’s rise is
barely lagging that of other altcoins like Ripple, but
some predict it will accelerate as Ethereum typically
gains against Bitcoin.

5. Why might anyone need to spend money on Ethereum
when various altcoins are growing faster and Bitcoin
seems unstoppable?
Ether has a purpose other than money.
You will see that Ethereum founder Buterin has
noticed that blockchain usage is miles more than the
development of decentralized money, and Ethereum
just accomplished that.

6. There are already more than 1,000 programs for the
Ethereum blockchain indexed in its main app store, and
many more are continuously being enhanced. While the
price of Ether is not directly related to the percentage of
fuel required to run the EVM, that does not mean that one
has no effect on the other, and as long as the EVM is
healthy and in use, there’s no reason to expect Ethereum
to bounce back like Bitcoin should.
Ethereum co-author Steven Nerayoff predicted Ethereum’s
explosive rise in 2018 and he was right: it rallied 12
months before unexpectedly falling over the course of two
and a half months, unchanged across many load averages
until the beginning of its gigantic flight.

7. As larger companies realize the usefulness of
decentralized programs to their industries, such as
less downtime, greater consideration, and increased
security, it is likely that EVM will continue to grow and
Ether will accompany her.
At the end of April 2021, funding consultancy
Fundstrat predicted the uneconomical price of
Ethereum because the nature of decentralized
programs in the EVM could push it into better territory
as more major traders reveal what it can safely do.

8. When new traders come to crypto, the main asset, they
often take notice and buy bitcoin before doing research on
different assets and spreading them across the space. You
need to assume an even reading curve is playing with
institutional traders as the crypto narrative moves from
Bitcoin to Ethereum and other segments like DeFi and
three web apps.
Ether will still depreciate in the long term, especially
considering that there is no hard limit on how much Ether
can be created. If a lack of herbal ether doesn’t counter its
creation, then prices should drop, but likely far into the
future. Try building your portfolio with Netcoins now!

9. In short, Ether or any other currency like Ripple XRP
Canada is stronger than other cryptocurrencies
because it is not the simplest centralization of value –
it is primarily a way to power a utility ecosystem. As
larger companies realize the power of
decentralization, this will likely continue to grow.
SOURCE CREDIT:
https://vancouvercryptoexchange.wordpress.com/202
2/03/02/is-ethereum-stronger-than-other-
cryptocurrencies-lets-find-out-how-to-buy-ethereum-
with-canadian-dollars/

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