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Topic: ETH becoming the biggest leading cryptocurrency, Bitcoin has no future. - page 3. (Read 1902 times)

legendary
Activity: 2044
Merit: 1008
Hmm.. too many people commenting about the ETH market cap. It doesn't mean anything. The big players are keeping their ETH tokens away from the exchanges, thereby creating an artificial scarcity. That is the reason why the exchange rates, and the market cap is so high.
legendary
Activity: 1288
Merit: 1000
Even Vitalik Buterin once said that he doesn't believe in the success of Ethereum and I fully support his words. Ethereum is a bad monetary system and good smart contract platform.
ETH is ICO based project with poor initial distribution, there is no guarantee that a number of available ETH tokens won't rise in the future.
Ethereum is centrally controlled, planned and managed coin - we have no idea what will happen to it when Vitalik or ETH Foundation will be gone in the future.
In the meantime bitcoin creator - Satoshi already left, so we are not risking anything like that with BTC.


newbie
Activity: 11
Merit: 0
LMAO... Ok.

It's possible it will have a higher market cap. That does not mean the value proposition is the same. What ETH supporters see is BTC struggling with scaling (which is true), what people who understand these technologies and the theories behind them (economic and game theory) see that the system is working perfectly fine. ETH has is young and has huge scaling problems that may be worked out but even Vitalek himself has said that ETH is not really meant as a cryptocurrency more as an experiment of distributed computing. Some good things will come of it most likely though.
newbie
Activity: 1
Merit: 0
ETH is going up fast everyday, now it has the market cap 60% of bitcoin.

It has no doubt ETH will become the biggest and new normal standard as CryptoCurrency and displace bitcoin aka "Chinacoin" before the end of July.
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