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Topic: Coinbase now supports Etherium; Is this a threat to Bitcoin dominance - page 4. (Read 4798 times)

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Why is it Bitcoin's silver? I'm not dissing it. I wish Bitcoin functioned more like it. But I find it more likely that the long term runner up would be a radically different proposition, not a clone with some nifty tweaks.
hero member
Activity: 770
Merit: 500
Bazinga!
Eth has assumed ltc place and is currently the silver crypto,

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?
Probably the next 6 months.

Besides the silver to bitcoin is litecoin.

i agree, the second place is always going to be litecoin and it doesn't matter what coin "temporarity" creates some hype because of the pump and dump and goes above it, litecoin is still huge because it could survive this long and still being developed
hero member
Activity: 826
Merit: 1000
Eth has assumed ltc place and is currently the silver crypto,

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?
Probably the next 6 months.

Besides the silver to bitcoin is litecoin.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Eth has assumed ltc place and is currently the silver crypto,

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?
hero member
Activity: 1008
Merit: 1012
The addition of Ethereum support by Coinbase doesn't matter much because Ethereum will remain just an alt coin in the shadow of Bitcoin. If there are more online retailers accepting Ethereum I might change my opinion but as of right now I don't care about it as I am not a basement GPU miner.
Are there any that accept it for purchases made thru them?
legendary
Activity: 1400
Merit: 1001
Heavily pre-mined (80%-ish currently), endlessly inflationary, 'cryptocurrency' which doesn't even provide ledger immutability...


Well said. But ETH has huge legal support, it is backed by well known group of developers with Vitalik on top.
ETH developers act like gods and in case of problems they shield community from problems that plague their ecosystem (recent hard fork created to mitigate The DAO hack).
This situation might be appealing for some people who want to be guided and believe in strong leadership despite obvious ETH flaws.
legendary
Activity: 2604
Merit: 1036
The addition of Ethereum support by Coinbase doesn't matter much because Ethereum will remain just an alt coin in the shadow of Bitcoin. If there are more online retailers accepting Ethereum I might change my opinion but as of right now I don't care about it as I am not a basement GPU miner.
Other than being fairly easy to mine, Ethereum doesn't hold any advantages over Bitcoin. And Vitalik Buterin already did his pump and dump scheme. At least Satoshi hasn't cashed out his stash yet  Grin
hero member
Activity: 1246
Merit: 588
dominant is bitcoin no doubt it i guess it would always be bitcoin because most of us as we all know started with bitcoin and still uses this in all or if not most of it in our transaction
hero member
Activity: 2968
Merit: 913
Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".

I was just wondering whether this could be a threat to Bitcoin dominance. Your views

I wouldn`t say that this is a threat for bitcoin.

Coinbase ,like every company, wants to grow and gain more customers.

I think that it`s normal for them to expand further in the altcoin currency markets.

sr. member
Activity: 644
Merit: 261
Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".

I was just wondering whether this could be a threat to Bitcoin dominance. Your views

I don’t think this will be a threat to bitcoin dominance for now. Ethereum is just starting to make a name in the crypto world so for now, it’s not a threat. Its price is still unstable just like bitcoin when it started. Bitcoin is the one accepted for online payments and widely used. May be when the price of ethereum will go up and then some mainstream news will make a review with it then maybe it can attract some investors making its demand more high then the price of it will go up. People are careful in investing due to the fact that digital currency is new and they don’t want to risk their hard-earned money in something that they can’t clearly view the future yet. The ones that will invest on it are the risk takers.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
Based upon the addition of an altcoin, we can't just say that Coinbase is supporting eth. Bitcoin as a investment and earning source have got more and more popularity compared to other digital currencies. So service addition of websites never act as a threat to bitcoin
sr. member
Activity: 294
Merit: 250
It is an extra service from Coinbase , I guess it was not a threat to bitcoin for bitcoin has a value of its own , people
who knew bitcoin worldwide use bitcoin majorly to the transaction . Perumbuhan and then there is always a demand for bitcoin . Maybe. Roll Eyes
legendary
Activity: 3080
Merit: 1500
The fanbase of ETH is constantly growing. So what coinbase has done is for their own business. It will help them to tap the ETH business as well. But I don't see any threat to the bitcoin for that. ETH is doing good among other crypto currencies but bitcoin still has the highest market cap.

people may like ETH, but when it comes to investment, the majority is going to bitcoin only. As of now, I see no threat to bitcoin.
hero member
Activity: 928
Merit: 531
This be good features for coinbase. i just looking there like for wallet, nothing special i guess. And for ETH-coin it's still high risk cause i see ETH-coin price unstable.
hero member
Activity: 1008
Merit: 1012
I just saw that they have included a eth wallet now and you can even buy it from them.
I think that means it is was not just a phase for it to make it's appearance known but it is now here to stay. Grin
but they just made a new or adding a new features in their place, they know the ETH is having a good prospect in the future, after bitcoin they just wanna to earn profit for ETH, i never think this is will become a threat for bitcoin
Not a threat but a good rival  Grin
It is inching closing everyday alittle bit higher. It is surpassing some very old alts right now.
hero member
Activity: 1372
Merit: 503
Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".

I was just wondering whether this could be a threat to Bitcoin dominance. Your views

Nope, Bitcoin is much bigger than Ethereum, even though ETH is now rising, Bitcoin is still the Number one. Coinbase just want to make a wallet for Ethereum because that's the top 2 cryptocurrency. You don't need to panic. If you will see the price of Bitcoin into Ethereum, Bitcoin is much expensive than Ethereum. So in that case, they are only supporting Ethereum because that's number 2 on the Top List and not to remove Bitcoin in our society.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
I just saw that they have included a eth wallet now and you can even buy it from them.
I think that means it is was not just a phase for it to make it's appearance known but it is now here to stay. Grin
but they just made a new or adding a new features in their place, they know the ETH is having a good prospect in the future, after bitcoin they just wanna to earn profit for ETH, i never think this is will become a threat for bitcoin
hero member
Activity: 504
Merit: 500
I don't think that Ethereum will ever be a bitcoin killer. There is lot's of space for the two and many more coins to coexist. However, it is possible that bitcoin will continue to be the dominant coin for a lot of time
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
Its ok for some other coin except bitcoin to show some progress, I think this just shows that some alt coins can have future, maybe not so big like btc, but they will be present on market.
For me this good thing, we can discuss about it how big role can have other currencies in the future, but progress of any currency will affect positive on other alts. This is how I see the future, with many alt coins and bitcoin on the top.
staff
Activity: 4200
Merit: 8441
Heavily pre-mined (80%-ish currently), endlessly inflationary, 'cryptocurrency' which doesn't even provide ledger immutability...

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