Topic: Coinbase now supports Etherium; Is this a threat to Bitcoin dominance - page 5. (Read 4798 times)
July 25, 2016, 07:04:18 PM
Eth has assumed ltc place and is currently the silver crypto, it has potencial to grow and several whales on it, making some thousands of dollars every day. Replace bitcoin can not be soo strong for do that, but its volume even if fake its very huge 20000 bitcoins these days are out of imagination.
July 25, 2016, 06:19:49 PM
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.
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.
July 25, 2016, 06:17:03 PM
I don't understand why the ETH people would even want it to be used as money--it's supposed to be 'fuel' for their apps. If the price goes up a lot then it becomes very expensive to run apps in their platform.
well to be honest eth is good currency, why they shouldnt use it? i think you can use it the same just like bitcoins if you do some shopping so thats not a troubleHow can it be a 'good' currency if the supply is essentially unlimited? Maybe I'm wrong about this, but I thought ETH does not have a hard limit set for the total # of ETH like bitcoin does?
BJ
July 25, 2016, 04:42:01 PM
I don't understand why the ETH people would even want it to be used as money--it's supposed to be 'fuel' for their apps. If the price goes up a lot then it becomes very expensive to run apps in their platform.
well to be honest eth is good currency, why they shouldnt use it? i think you can use it the same just like bitcoins if you do some shopping so thats not a trouble 
July 25, 2016, 04:34:53 PM
Open up coindesk or cointelegraph these days and you will find mostly ethereum articles and brainwashing information about it, speculation of
next train and so on.. Now coinbase too,. as soon as you login, BOOM do you want to buy ETH ?! We support ETH now.. Buy ETH now ?!
I really hope people see past these facts and obviously paid articles and avoid it in a wide circle. ETH will never be a threat to bitcoin.
"ETH - why is this still a thing ?!"
next train and so on.. Now coinbase too,. as soon as you login, BOOM do you want to buy ETH ?! We support ETH now.. Buy ETH now ?!
I really hope people see past these facts and obviously paid articles and avoid it in a wide circle. ETH will never be a threat to bitcoin.
"ETH - why is this still a thing ?!"
July 25, 2016, 04:26:43 PM
I don't understand why the ETH people would even want it to be used as money--it's supposed to be 'fuel' for their apps. If the price goes up a lot then it becomes very expensive to run apps in their platform.
Well man ETH people want it to be used as money because of one reason and I guess you already know this. They want it to be used as money because they will profit if it becomes very expensive. Well I don't think that Ethereum is not a threat to bitcoin dominance since it is just another altcoin but there's a slim chance of it being on par with bitcoin in the future if ETH will continue to show good improvements. July 25, 2016, 04:14:43 PM
I don't understand why the ETH people would even want it to be used as money--it's supposed to be 'fuel' for their apps. If the price goes up a lot then it becomes very expensive to run apps in their platform.
July 25, 2016, 03:45:36 PM
Exactly.
Unless someone actually starts taking payments in ETH, it will just be another pump and dump scheme.
It's a couple of clicks away for Coinbase to set themselves up as a payment processor for ETH. All the infrastructure's there and as they get more and more dug in to their position they probably will. A gift card site I use has been doing cards for ETH for quite some time.
If I had vast ETH gains I'd love to splurge some of it shopping. But I would've done that with BTC already.
July 25, 2016, 03:27:00 PM
Since the begining of Etherium peopls speculating it to be the next bitcoin, it may happen, atleast eth has a huge volume daily, bigger then bitcoin these days, for me coinbase were wondering why just bitcoin when eth has soo big value and top altcoin being traded above bitcoin transactions. They need to be fair bitcoin is growing, but eth is borning at the moment.
Eth may have bigger volume than bitcoins everyday, but that's it. They are profitable at the moment but I do not seem to see a good future in eth since the adoption is really bad and eth has a lot of issues like fake volumes.
July 25, 2016, 10:27:04 AM
Not really. Although Coinbase does a ton of transactions via its platform everyday, unless the merchant is actually accepting ETH, which I haven't seen that much of, bitcoin will still be the dominant coin. As slim as bitcoin adoption is, ETH adoption is arguably worse. Coinbase may increase the trading volume on ETH a bit, but that's all.
Exactly.
Unless someone actually starts taking payments in ETH, it will just be another pump and dump scheme.
If any website does start taking payments, someone stands to make a lot of money.
For now the only ones getting rich are the owners of the exchanges.
July 25, 2016, 10:23:43 AM
Since the begining of Etherium peopls speculating it to be the next bitcoin, it may happen, atleast eth has a huge volume daily, bigger then bitcoin these days, for me coinbase were wondering why just bitcoin when eth has soo big value and top altcoin being traded above bitcoin transactions. They need to be fair bitcoin is growing, but eth is borning at the moment.
July 25, 2016, 10:08:21 AM
It is a good news, I using Coinbase, after Coinbase create etherium wallet, I hope can exchange or convert from BTC-ETH.
it is never a good idea to keep your coins in the hands of others. and it is important to remember that as long as you don't have the private keys you don't own the coins.
so do your exchange at coinbase and withdraw to your wallet desktop or offline.
but i guess if you have small amount of BTC like 0.01 then it is ok to keep them there.
July 25, 2016, 09:25:43 AM
Etherum have quite good capital behind it - around 18 millions USD, so it can really make competition to Bitcoin. 
July 25, 2016, 09:22:44 AM
Not really. Although Coinbase does a ton of transactions via its platform everyday, unless the merchant is actually accepting ETH, which I haven't seen that much of, bitcoin will still be the dominant coin. As slim as bitcoin adoption is, ETH adoption is arguably worse. Coinbase may increase the trading volume on ETH a bit, but that's all.
July 25, 2016, 08:59:28 AM
No not all i guess it may be a good sign for etherium users but a treat to bitcoin is i guess far from reality bitcoin has established its name for long time
July 25, 2016, 08:55:57 AM
Bitcoin community is larger than Ethereum. It would only become a threat IF and only if bitcoin users are actually switching to eth. But in fact, I think this might help the bitcoin dominance since some eth users are switching to btc.
Do you really believe anyone has discovered eth first and will then switch to btc? Everybody involved in crypto has or is involved with btc. Its the main coin, now ans for the foreseeable future. 
July 25, 2016, 08:50:21 AM
Bitcoin community is larger than Ethereum. It would only become a threat IF and only if bitcoin users are actually switching to eth. But in fact, I think this might help the bitcoin dominance since some eth users are switching to btc.
July 25, 2016, 05:13:51 AM
It is a good news, I using Coinbase, after Coinbase create etherium wallet, I hope can exchange or convert from BTC-ETH.
July 25, 2016, 04:30:17 AM
I don't think that bitcoin dominance is in danger because people are buying ETH of its high price and they believe that its price will go even higher than its current price.
July 25, 2016, 04:05:29 AM
these type of news will always create hype and panic of missing out in the market so the only effect this can ever have on prices would be ethereum price and the fact that it will contribute to its pump. and it will not have any effect on the bitcoin and its price whatsoever.
actually I find it interesting that Coinbase added etherum at this point, right before the pump and eth supporters surely milked the news to their advantage as much as they could to push the price as high as possible.
actually I find it interesting that Coinbase added etherum at this point, right before the pump and eth supporters surely milked the news to their advantage as much as they could to push the price as high as possible.
This is a very good explanation and it clears out the definition between the fact and fiction between the ethereum matter. Ethereum is not a threat to bitcoin but rather it will help bitcoins to increase additional members and users of bitcoin. This in fact a good news to bitcoin and is never a threat.
that is not what I wanted to say and that is definitely not what ethereum can do.
it doesn't matter how big eth pump gets or which site adds it to their list of coins, eth is not gonna bring more people to bitcoin because nobody outside of crypto currency world hears about eth except anybody who already knows about bitcoin and is trading altcoins to make more bitcoin.
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