Topic: After years in this space...I am now a BTC/ETH maximalist (Both are important) - page 2. (Read 1256 times)
December 14, 2019, 06:28:04 AM
i dont care about the other coin, as long as it can be eth or btc, i will do it. i have target when do something, so when i get token and the price so low, i will wait until it reach the target, but it doesnt mean im collecting token, although in a fact i have many coin in my wallet.
December 14, 2019, 05:36:34 AM
I've been in this space since 2014. I have always been a Bitcoin Maximalist. Than 2017 happened, and it was hard not to chase altcoins. After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist. Every other project is a "me too," or a clone, or redundant, or vaporware. The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.
I love Bitcoin...LOVE it! But when it really comes down to it, I use Ethereum in actual, practical use cases. I recently bought something in USDC...which utilizes Ethereum. Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both. Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. It is the foundation of the Defi movement.
So there can be a category of people who consider themselves BTC/ETH Maximalists.
I love Bitcoin...LOVE it! But when it really comes down to it, I use Ethereum in actual, practical use cases. I recently bought something in USDC...which utilizes Ethereum. Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both. Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. It is the foundation of the Defi movement.
So there can be a category of people who consider themselves BTC/ETH Maximalists.
Right now, they maybe top 1 and 2 in the rankings but it doesn't mean that they are the king as the demand will always depend to it's uses and whether the demand is being accepted by the government or not. Every hurdles will affect the demand of any coins like btc, eth and other top coins/tokens.
I also consider both as the most important coins right now but due to high transaction fees in btc, I tried other coins as alternative to send a small amounts. I always see things fairly and I cannot devote myself to btc and ethereum only so I cannot say that I am a btc/eth maximalist.
December 14, 2019, 03:42:18 AM
Keeping ethereum aside with bitcoin is a good strategy if you are planning to invest in altcoins. Adding few other altcoins like NEO, TRON, LITECOIN, BNB can also be a good investment strategy, as they are all available at a discounted price. One may buy few of them for altcoin season that may come in the future.
December 14, 2019, 03:31:53 AM
In a real sense, Ethetrum is really a potential currency in the current situation, I also think both Bitcoin and Ethereum are very important in order to maintain a good pace in this cryptocurrency world, Obviously, bitcoin is the best among the other cryptocurrency but you have to pick out another supplementary currency which could be used as a backup plan, so Ethereum could be the one on this purpose, in terms of credibility and acceptability, for me Etehreum is the most potential crypto here, so if you want to make money from this platform then Ethereum would be a good option.
December 14, 2019, 02:30:42 AM
What makes me interested in using other altcoins including ETH is a relatively cheap fee for each transaction.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.
The reason why bitcoin has a large transaction fee because it is well know cryptocurrency around the world. Those altcoins are just an alternative for bitcoin so that the fees are cheap compared to btc. But there are some ways like what you've said, CONVERTING.
ETH an altcoin, it can grow on its own and this coin has a very large potential of developing. If you want to invest for an altcoin, choose ETH.
December 14, 2019, 01:33:39 AM
I believed ethereum should be more useful in smart contract applications ie dapp whose utilization in elections, chain supplies, medicine etc yields positive results while Bitcoin is more of digital currency and as a store of value the OP had expressed his choice of adopting the two coins with respect to other altcoins.
December 14, 2019, 01:15:20 AM
What makes me interested in using other altcoins including ETH is a relatively cheap fee for each transaction.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.
This is one way to tell if you are a maximalist in terms of using bitcoin and ethereum or not. In other way, it is also better to maximize the cryptocurrency as a whole in a sense that we are utilizing not just bitcoin and ethereum but also the stable coins that are out in the market. In this case, whenever a huge loss is on our side, we are backed by the stable coins to save our funds. In addition, we should also take care of the transaction fees that we are paying, when we are to trade amounts, it is better to trade larger amount to maximize the transaction fees that we are paying.
December 14, 2019, 12:55:21 AM
What makes me interested in using other altcoins including ETH is a relatively cheap fee for each transaction.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.
December 14, 2019, 12:28:03 AM
Despite different opinions, I believe that in cryptocurrency we need not only Bitcoin and ethereum. The current cryptocurrency is still far from perfect and it needs to develop further. This process so far is going well through the appearance and functioning of many cryptocurrencies, as well as the disappearance of their useless types. Of course, in the end, most altcoins can leave the market. But it will be natural selection. Let new coins and tokens appear for now. Perhaps we can thus come to something new and more perfect.
December 13, 2019, 10:34:09 PM
Those coins bitcoin and btc have different purpose while btc is for currency, ethereum are different, we see the value and the purpose ethereum at the moment has some issues, while btc is working on the lightning network I think the most trusted is bitcoin, while ethereum chain is being use for other coins creation and more
December 13, 2019, 10:24:18 PM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
That may seem to be a good idea but personally I am against it, my goal as an investor is not only to make money like everyone else but my goal is also to make money in such a way that it doesn't take me a lot of effort to do so, and taking that into consideration that means that the more coins that I hold the more difficult it becomes to monitor all of those coins and to be able to tell what direction each coin is going to take during the next months or years, and I personally do not want to be watching the market all the time to make some profits.Five to ten coins all in all is not really a hassle to monitor especially if these coins are the top coins. If you have Bitcoin, Ethereum, Litecoin, and Monero, for example, there is not really a high demand to keep yourself monitored every minute of the day. You are aware after all that these projects will not fall easily. They are the corner stones in cryptocurrency. There is nothing to fear if a week passes by and you have not checked on what is new to each one of them.
December 13, 2019, 09:23:00 PM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
That may seem to be a good idea but personally I am against it, my goal as an investor is not only to make money like everyone else but my goal is also to make money in such a way that it doesn't take me a lot of effort to do so, and taking that into consideration that means that the more coins that I hold the more difficult it becomes to monitor all of those coins and to be able to tell what direction each coin is going to take during the next months or years, and I personally do not want to be watching the market all the time to make some profits. 
December 11, 2019, 08:24:01 PM
I've been in this space since 2014. I have always been a Bitcoin Maximalist. Than 2017 happened, and it was hard not to chase altcoins. After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist. Every other project is a "me too," or a clone, or redundant, or vaporware. The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.
I love Bitcoin...LOVE it! But when it really comes down to it, I use Ethereum in actual, practical use cases. I recently bought something in USDC...which utilizes Ethereum. Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both. Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. It is the foundation of the Defi movement.
So there can be a category of people who consider themselves BTC/ETH Maximalists.
Under 2017 bitcoin and ethereum look like have connected where bitcoin with higher price ethereum can potential to be on higher price too, but today when bitcoin can raise above $7k ethereum look weakness with lower price today about $144, how come ethereum and bitcoin have far away price not the same like three years ago when ethereum can up more than above $1k. I love Bitcoin...LOVE it! But when it really comes down to it, I use Ethereum in actual, practical use cases. I recently bought something in USDC...which utilizes Ethereum. Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both. Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. It is the foundation of the Defi movement.
So there can be a category of people who consider themselves BTC/ETH Maximalists.
December 11, 2019, 06:50:21 PM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitableThis saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
If you are saying that it is better to invest in Bitcoin alone, rather than in Ethereum too, I'm not going to argue with you, because I too think that BTC is a better choice. But I was replying to the post saying that one should invest in more alts than just in BTC and ETH, in order to not "put all your eggs in one basket", or rather "in two baskets" in that case.
December 11, 2019, 04:42:47 PM
ETH is overhyped. There was to be a whole industry based on its tokens and it all fell apart.
that was never the promise of ethereum. the ICO bubble was just typical human greed playing out. it's silly to blame the underlying technology for peoples' greed. most of the garbage companies from the dot-com era didn't survive either.
tokenization is actually pretty cool, and theoretically it's a real game changer for secondary securities markets, in terms of both accessibility and liquidity. ethereum in general offers really interesting functionality, much of which probably isn't fully understood yet. my main problem with ethereum is that it's bloatware. it wasn't designed for scalability. but the market might keep building on it (and valuing it) if node decentralization isn't seen as a principal concern.
December 11, 2019, 09:33:08 AM
ETH is overhyped. There was to be a whole industry based on its tokens and it all fell apart. We can say that ETH was a bubble in itself making all those greedy coin devs try and fail to make proper useful coins that will get accepted by merchants and really make things easier for people.
We had attempts at casino tokens, computer game money, storage tokens, safety tokens, healthcare tokens, security tokens, you name it. They all failed and are now worth less than 10% of their initial offering value.
I'm an all in bitcoin holder but I would never go all in on ETH.
We had attempts at casino tokens, computer game money, storage tokens, safety tokens, healthcare tokens, security tokens, you name it. They all failed and are now worth less than 10% of their initial offering value.
I'm an all in bitcoin holder but I would never go all in on ETH.
December 11, 2019, 09:20:16 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitableThis saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
If you are saying that it is better to invest in Bitcoin alone, rather than in Ethereum too, I'm not going to argue with you, because I too think that BTC is a better choice. But I was replying to the post saying that one should invest in more alts than just in BTC and ETH, in order to not "put all your eggs in one basket", or rather "in two baskets" in that case.
December 11, 2019, 07:11:41 AM
The Ethereum is a big disappointment in my opinion. How much it suffers in price loss. Ethereum needs to get up again. Everyone is waiting to update. I think there will be a move after the update. However, Bitcoin needs to remain a little immobile.
Why would it grow if it's fundamentally a, like you say, disappointment? Dapps suck, no one uses them for serious application, best thing you can do with them is gambling, but gambling is already oversaturated in crypto. ETH is still nowhere near solving scalability, and even if it were, it would come at a cost of trading decentralization.
December 11, 2019, 02:06:52 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
For the top 2 cryptocurrencies, they are both deserving and worth it to be invest at as they do have the potential among others, so I won't disagree with the OP, for a couple of years, they were my favorites and will be my favorite of all time, so we should not worry about it as these upcoming years, for sure that their name will continue to develop and grow.
December 11, 2019, 01:55:06 AM
Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitableThis saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
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