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Is It Too Late To Buy Ethereum?

 

If you're still wondering whether or not it's too late to buy Ethereum, here are some more factors to consider. Ethereum is still relatively new, having launched in July 2015. This means that there is plenty of potential for growth as the platform becomes better known and adopted by more businesses and users. 

 

In contrast, Bitcoin has been around since 2009 and is now facing scalability issues related to its increasing popularity. Ethereum also has a different economic model than Bitcoin, with ether tokens being used to pay for services on the network rather than mined like Bitcoin. This could lead to increased demand for ether down the road.

 

It might seem like Ethereum has already exploded, growing more than 2,000% this year alone to $283. But some experts still believe there is room for even more growth. The reasons why it may be too late to buy Bitcoin but not Ethereum are mostly speculative, including the idea that Thorium’s block chain technology could transform industries ranging from health care to banking. 

 

There isn't as much of an established track record for Ethereum classic. Despite these reservations, investment firms are starting to allow clients to trade ether tokens over their trading platforms.