Is Ether about to pop? The mining reward is about to be reduced by 18.5%

Ice Age Cometh

In the slow transition from Proof of Work to Proof of Stake we can see that Ethereum is about to go through it's mining reward reduction on August 25th 2017. This could have an impact on the price of Ether going forward and so it's going to be interesting to see what happens in the next week.

This post is not intended to promote Ether price speculation. Speculation on the price of cryptocurrency is nothing more than gambling and you do so at your own risk.

What are your thoughts on this? My thoughts and opinion

What are your thoughts on this? I think the future for Ethereum at least until late 2018 looks bright. I do not know how successful the transition to Casper will be, but I do see continued improvement and that alone is good for the fundamentals.

References

  1. https://www.reddit.com/r/ethtrader/comments/6vqk4b/ether_mining_reward_reduction_by_185_tomorrow_aug/
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