Breakouts are one of the
oldest and most over-used trading approaches in existence, and for that reason, they are easily snuffed out and taken advantage of by the
bigger market players, whilst smaller retail
traders are usually the ones getting taken advantage of.
Gareth Grobler, the founder of ICE3X is confident about the relevance of ether currency to
traders, he says, «The two - year
old system has picked up backing from both tech geeks and
big corporate names like JPMorgan Chase and Microsoft, which are excited about Ethereum's goal of providing not only a digital currency but also a new type of global computing network, which generally requires Ether to use.»