More problems for Ether during the last two weeks as users had to undertake yet another hard fork. Prices have broken the uptrend and look set to move lower instead. Dash on the other hand is already in a downtrend after breaking the 0.01822 swing low nine days ago.
Second Hard Fork for Ether
Ether prices suffered during the past two weeks. The developers rolled out another update due to what appears to be a persistent attack on the network. Initially the successful fork gave a boost to prices with ETH/BTC jumping 8 percent on October 18th. But as we can see on the chart below that rally quickly fizzled out as new attacks emerged. The problems may lead to yet another hard fork for Ether, the third one this year.
Hard forks are controversial in the crypto-space as they (among other risks) could lead to a splintered network. During the first Ether hard fork this year, a sizable percentage of users decided to stick with the original ETH software and called their chain ‘Etherium Classic’.
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