Enjoyed that. Thanks mate.
But seriously , I'm still perplexed as to the eth pile on (and BTC for that matter). Sure Mastercard is great news, but eth is still a stability nightmare so long as it remains a get rich quick scheme for ICOs runners. Latest case in point tezos. http://mashable.com/2017/07/05/tezos-ico-cryptocurrency-startup/#3ojM2fW3wZqh
This stuff is simply terrifying and to me will (at least should, seems it still hasn't) devastate confidence and credibility in Ethereum. As well transform hundreds of millions worth of eth into a ticking liquidation time bomb as projects cash it out in panic of price drops.
So yeah, insane 40% increase today, another 50% drop next week? I just can't see any meaningful gains coming through over the next 6 mo.
RE: Overnight Wrap: Bitcoin and Steem Higher, Ether surges as Mastercard joins the Ethereum Alliance and stricter capital requirements for Aussie lenders