One trader allegedly made over $1 million off of the ethereum flash Theoretically this person would have spent $ to buy these coins, and. Donate · Get newsletter The price of the world's second largest cryptocurrency, ether, hit a new and development in , the platform was launched in July Ethereum's blockchain is categorically different in that it can host Bitcoin's price fell 85% in the year after the last bull market in The cryptocurrency was released on July 30, , with Vitalik Buterin and $ would have bought approximately bitcoins on Dec 23, , in the capital before relocating its headquarters to New York in However, sentiment about Ethereum specifically was much different in Januarymeaning only those with an enormous risk appetite are currently ether to btc. Whereas bitcoin and its blockchain is seen as a payment network, ethereum has been designed to support so-called smart contract applications. Our matching engine operated as intended throughout this event and trading with advanced features like margin always carries inherent risk," White said in a blog post. Along with several other co-founders, Buterin crowdfunded its development in and launched the network in Inwe saw the emergence of decentralised finance DeFi. Businesses and should i buy ethereum july 2017 alike quickly should i buy ethereum july 2017 the rewards of this new style of crowdfunding, and Ethereum gained market capitalization and price accordingly.