{"id":375812,"date":"2019-03-23T19:00:03","date_gmt":"2019-03-23T19:00:03","guid":{"rendered":"https:\/\/wncen.com\/?p=375812"},"modified":"2024-06-11T17:14:29","modified_gmt":"2024-06-11T17:14:29","slug":"vitalik-ill-lose-hope-in-humanity-if-tron-usurps-ethereum","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/vitalik-ill-lose-hope-in-humanity-if-tron-usurps-ethereum\/","title":{"rendered":"Vitalik: I\u2019ll lose Hope in Humanity if Tron Usurps Ethereum"},"content":{"rendered":"<ul>\n<li><em>Ethereum price stable above $135<\/em><\/li>\n<li><em>Tron not a worthy competitor<\/em><\/li>\n<li><em>Participation dries as prices drop<\/em><\/li>\n<\/ul>\n<p><em>Vitalik is confident, and while he doesn\u2019t see Polkadot as a competitor, he will lose a certain amount of faith in humanity if Tron surpasses Ethereum in market cap or development. At the time of press, Ethereum (ETH) is flat with unfavorable candlestick patterns.<\/em><\/p>\n<h2>Ethereum Price Analysis<\/h2>\n<h3>Fundamentals<\/h3>\n<p>Vitalik is candid. He acknowledges that there the smart contracting scene is heating up and Ethereum may have slipped, dropping ranks.<\/p>\n<p>He\u2019s unfazed and confident that despite everything, he\u2019s not worried. He\u2019s especially not losing sleep over emerging blockchains like Polkadot.\u00a0 Polkadot raised millions of dollars and claimed to employ a \u201cheterogeneous Multi-chain technology\u201d ensuring that \u201ctransactions can be spread out across the chains, allowing many more to be processed in the same time.\u201d<\/p>\n<p>Even so, Afri Schoedon\u2014a former Ethereum developer who left the project in a huff, acknowledged that \u201cPolkadot is not a direct competitor to Ethereum and chains like Ethereum were always an integral part of the Polkadot vision.\u201d However, what shall pulverize Vitalik\u2019s heart making him lose \u201ccertain amount of hope for humanity\u201d is if Tron usurps Ethereum. In the same <a href=\"https:\/\/unchainedpodcast.com\/\" rel=\"nofollow\">interview<\/a> with Laura Shin, he said he\u2019s confident that his platform isn\u2019t violating securities law and ICOs will continue to roll out regardless of crowd-funding platform.<\/p>\n<h3>Candlestick Arrangement<\/h3>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-375813\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?resize=1280%2C1024\" alt=\"Ethereum\" width=\"1280\" height=\"1024\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?w=1280 1280w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?w=750 750w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/Ethereum-Daily-Chart-Mar-23.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>At the time of writing, it is clear that Ethereum prices are cooling off. Perched at second place, ETH is stable but under pressure after Mar 21 liquidations.<\/p>\n<p>Even so, we are optimistic, expecting prices to find support at $135. After then, prices will likely spring to $150 and later $170.<\/p>\n<p>Before then, it all depends on how prices react at our support line confirming or nullifying gains of Mar 5. In the latter, that will usher in bears of Feb 24. In that case, ETH would likely drop to $100 in line with our last <a href=\"https:\/\/wncen.com\/2019\/03\/20\/ethereum-eth-disputations-code-isnt-law-insists-vlad\/\" target=\"_blank\" rel=\"noopener noreferrer \">ETH\/USD trade plan<\/a>.<\/p>\n<h2>Technical Indicators<\/h2>\n<p>Mar 4-5 double bar bull reversal pattern founds our bullish over-view. Affirming bulls will be a sharp spike above $150 or $170 with accompanying volumes exceeding 302k and even 880k of Feb 24. Such a shift in momentum reverses losses of Feb 24, and the resulting breakout will trigger a rally towards $250 cementing our stance. On the other hand, any sell-off with equally high volumes pours cold water on our forecast nullifying our position as ETH crumbles to $100.<\/p>\n<p><strong><em>Chart courtesy of Trading View<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price stable above $135 Tron not a worthy competitor Participation dries as prices drop Vitalik is confident, and while he doesn\u2019t see Polkadot as a competitor, he will lose a certain amount of faith in humanity if Tron surpasses Ethereum in market cap or development. At the time of press, Ethereum (ETH) is flat with unfavorable candlestick patterns. Ethereum Price Analysis Fundamentals Vitalik is candid. He acknowledges that there the smart contracting scene is heating up and Ethereum may have slipped, dropping ranks. He\u2019s unfazed and confident that despite everything, he\u2019s not worried. He\u2019s especially not losing sleep over emerging blockchains like Polkadot.\u00a0 Polkadot raised millions of dollars and claimed to employ a \u201cheterogeneous Multi-chain technology\u201d ensuring that \u201ctransactions can be spread out across the chains, allowing many more to be processed in the same time.\u201d Even so, Afri Schoedon\u2014a former Ethereum developer who left the project in a huff, acknowledged that \u201cPolkadot is not a direct competitor to Ethereum and chains like Ethereum were always an integral part of the Polkadot vision.\u201d However, what shall pulverize Vitalik\u2019s heart making him lose \u201ccertain amount of hope for humanity\u201d is if Tron usurps Ethereum. In the same interview with Laura Shin, he said he\u2019s confident that his platform isn\u2019t violating securities law and ICOs will continue to roll out regardless of crowd-funding platform. Candlestick Arrangement At the time of writing, it is clear that Ethereum prices are cooling off. Perched at second place, ETH is stable but under pressure after Mar 21 liquidations. Even so, we are optimistic, expecting prices to find support at $135. After then, prices will likely spring to $150 and later $170. Before then, it all depends on how prices react at our support line confirming or nullifying gains of Mar 5. In the latter, that will usher in bears of Feb 24. In that case, ETH would likely drop to $100 in line with our last ETH\/USD trade plan. Technical Indicators Mar 4-5 double bar bull reversal pattern founds our bullish over-view. Affirming bulls will be a sharp spike above $150 or $170 with accompanying volumes exceeding 302k and even 880k of Feb 24. Such a shift in momentum reverses losses of Feb 24, and the resulting breakout will trigger a rally towards $250 cementing our stance. On the other hand, any sell-off with equally high volumes pours cold water on our forecast nullifying our position as ETH crumbles to $100. Chart courtesy of Trading View<\/p>\n","protected":false},"author":384,"featured_media":344603,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[8323,1946],"class_list":["post-375812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eth","tag-ethereum"],"acf":[],"yoast_head":"\n<title>Vitalik: I\u2019ll lose Hope in Humanity if Tron Usurps Ethereum<\/title>\n<meta name=\"description\" content=\"Ethereum price stable above $135 Tron not a worthy competitor Participation dries as prices drop Vitalik is confident, and while he doesn\u2019t see Polkadot\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke key news, including the Ripple and MoneyGram partnership, cementing his position as a thought leader in crypto. The news exploded. Over 100,000 people devoured this meticulously crafted report, from seasoned investors to curious newcomers. His analysis wasn't just dry facts and figures; it crackled with insight, dissecting the implications of the partnership and its potential impact on the future of finance. His deep understanding of the financial markets, technological advancements, and blockchain developments has made him a respected voice in the industry. Dalmas is also the founder of BTC-Pulse, a crypto news site, further demonstrating his commitment to the field. He firmly believes that DeFi and NFTs are here to stay and will continue to drive financial inclusion. Coming from Nairobi, Kenya, it is easy to see the source of his inspiration: Across Africa, millions lack access to traditional banks. Remote villages, limited documentation, and high minimum balances create insurmountable barriers. DeFi, not just Maker or Aave, for example, but think of Bitcoin and USDT, cuts out the middleman. Forget banks with their limitations. Even so, DeFi isn't a magic solution. The continent still struggles with reliable internet access, and educational campaigns highlighting the benefits of this wonderful solution are insufficient. Moreover, even for those interested, understanding DeFi can look like learning a new language. Dalmas is here to help make the tech easy to understand and digestible, even for beginners. The story of DeFi in Africa is still being written. Challenges abound, but the promise of a more inclusive financial future is a powerful motivator. With innovation and collaboration, Dalmas firmly believes that DeFi could become the key to unlocking Africa's full economic potential. This possibility and its immense value motivate Dalmas to continue breaking key DeFi innovations and more across the globe. His engineering background further enhances his ability to deliver well-thought-out pieces that blend technical insight with clear, impactful reporting. Beyond his professional achievements, Dalmas is deeply passionate about technology and politics. Policies drive adoption, and being at the forefront and keeping up with how they evolve is crucial for the sphere to mature. When Dalmas is not closely monitoring the latest crypto events, he can be found in nature, exploring the picturesque countryside, and traveling with his family and friends. His love for adventure and discovery perfectly complements his investigative and reporting skills. 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