Topic: Bitcoin capital fleeing to Ethereum? - page 2. (Read 401 times)
All posts in this thread are 100% bullshit. The ONLY reason the price of eth is going up is because bankers bought most of the Eth premine, so Ethereum is their scamcoin of choice amongst the 1400 scamcoins that exist (including bitcoin). It is not rising because anyone is using it for anything (except ICO scams). It's rising because the bankers are attempting to manipulate it up.
I have avoided Ethereum like the plage since day one mostly because of technological reasons, and when the DAO fiasco happened I felt like I proved my bias against it. Having said that, from a market perspective I have to admit that Ethereum had an amazing performance during the last four months, and it's doing remarkably well during this bloody January.
well there have been a TON of altcoins that performed amazingly during the last four months and last year generally. a lot of them even outperformed ethereum in the past couple of months. but the issue with most people around here is that they only look at coinmarketcap and don't bother going lower than #10
the real money lies within coins that are manipulated exactly like ETH but have a smaller market cap and price so they can be pumped much easier.
Right now Bitcoin have a market cap of $172B, and for Ethereum it's $110B.
because bitcoin has 16,800,000 coins while ethereum has 97,330,000 coins. that is 5.79x more supply while it has 0.63x bitcoin's market cap!
There are also more and more coins with smart contracts emerging. I think there has to be room for both, but in the long-run bitcoin will still be the main cryptocurrency in my opinion.
I have to agree with you regarding avoiding ethereum before. Initially, it was too complicated for me. But then, it all started with the airdrop hype. Everybody is having their airdrop in eth platform. So I tried. Anyway, there's no harm in trying, right? And guess what, I earned a lot from those eth tokens. So I'm not complaining. 
There are a lot of advantages in eth platform that's maybe why a lot are utilizing now their services.
There are a lot of advantages in eth platform that's maybe why a lot are utilizing now their services.Ethereum is increasing in value because just like you said more company is using smart contract base on Ethereum.
But the probability of Ethereum to surpass Bitcoin is highly unlikely to happen, a lot of user is trading their Bitcoin for Ethereum now because it looks like the price is increasing, But that is only temporarily we can see some sell in high and will lead Ethereum to the stable price and chances are Bitcoin capital will remain.
P.S But I really doubt that Ethereum will not surpass Bitcoin a lot of company are now using the technology of ETH.
Yes it is doing well. Three weeks ago I was writing here that Ethereum is likely to have a better year than Bitcoin and I still think this way.
Eth transaction rate is increasing exponentially, doubling each month.
In December 2018 the transaction number will be multiplied by 4000.
The price is related to transaction number ergo price of Eth should keep rising at a good rate in 2018. It will remain dominant in this space for the foreseeable future, first mover advantage, network effect, has a huge ecosystem and many developments to deal with scaling. Circa 80% of dApps and ICOs are dependent on Ether.
Just my thoughts, no advice, do your own research.
Is investing risky at the moment?
IMO low risk, as it is a global decentralized network that can't be shut down and sits at the base of the smart economy which should finally become a reality this year.
Eth shot so much already? Well yes it did, but this is looking into the future of a fundamental global network that is in very early adoption mode, not at the past.
What happens when Ether moves to PoS? Its coin is limited to 100 million. Lots of juicy price inflation.
Are corporates and hedge funds going to buy Ether? Well with this kind of numbers and possible returns, it seems likely.
Can you still lose money in 2018? You can always lose money in any investment you make, there is always a risk, big correction and so on, especially if you think short term.
Could you make bank? IMO there is a possibility that it could do 10x.
Eth transaction rate is increasing exponentially, doubling each month.
In December 2018 the transaction number will be multiplied by 4000.
The price is related to transaction number ergo price of Eth should keep rising at a good rate in 2018. It will remain dominant in this space for the foreseeable future, first mover advantage, network effect, has a huge ecosystem and many developments to deal with scaling. Circa 80% of dApps and ICOs are dependent on Ether.
Just my thoughts, no advice, do your own research.
Is investing risky at the moment?
IMO low risk, as it is a global decentralized network that can't be shut down and sits at the base of the smart economy which should finally become a reality this year.
Eth shot so much already? Well yes it did, but this is looking into the future of a fundamental global network that is in very early adoption mode, not at the past.
What happens when Ether moves to PoS? Its coin is limited to 100 million. Lots of juicy price inflation.
Are corporates and hedge funds going to buy Ether? Well with this kind of numbers and possible returns, it seems likely.
Can you still lose money in 2018? You can always lose money in any investment you make, there is always a risk, big correction and so on, especially if you think short term.
Could you make bank? IMO there is a possibility that it could do 10x.
I have to agree with you regarding avoiding ethereum before. Initially, it was too complicated for me. But then, it all started with the airdrop hype. Everybody is having their airdrop in eth platform. So I tried. Anyway, there's no harm in trying, right? And guess what, I earned a lot from those eth tokens. So I'm not complaining. There are a lot of advantages in eth platform that's maybe why a lot are utilizing now their services.
There are a lot of advantages in eth platform that's maybe why a lot are utilizing now their services.
I wondered the same.. I figured that Ethereum would need to have a 2.0 version type coin to iron out all the code but who knows now.. it seems the first mover is all it takes with it..
Seems Dash & Zcash might also do well.. Would be nice if LTC sticks around too.. perhaps buy on the dips across the main alts
Seems Dash & Zcash might also do well.. Would be nice if LTC sticks around too.. perhaps buy on the dips across the main alts
I have avoided Ethereum like the plage since day one mostly because of technological reasons, and when the DAO fiasco happened I felt like I proved my bias against it. Having said that, from a market perspective I have to admit that Ethereum had an amazing performance during the last four months, and it's doing remarkably well during this bloody January.
Right now Bitcoin have a market cap of $172B, and for Ethereum it's $110B. If this trend continues we may get overpassed this quarter, and since it seems like no new money is coming to the crypto market in general I wonder if people are, for whatever reason, swapping Bitcoin for Ethereum.
Are bad programmed smart contracts running over an insecure platform that hot for this market?
Right now Bitcoin have a market cap of $172B, and for Ethereum it's $110B. If this trend continues we may get overpassed this quarter, and since it seems like no new money is coming to the crypto market in general I wonder if people are, for whatever reason, swapping Bitcoin for Ethereum.
Are bad programmed smart contracts running over an insecure platform that hot for this market?
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