Topic: Ethereum as a store of value coin. (Read 433 times)
I think you can use all cryptocurrency both for trading and utility purposes. It is true, many people still do not realize that Ethereum can store valuable coins. Including me. Most of the users here, especially me, use Ethereum to trade and invest coins.
IS there any Small Contracts For Business.?
I got information about SciDex Protocol That The SciDex protocol is powered by the SciToken (SDX), integrated in Ethereum. The RASC generator deploys contracts using SDX. Payments set by the RASC can be executed in either ETH or SDX.
I got information about SciDex Protocol That The SciDex protocol is powered by the SciToken (SDX), integrated in Ethereum. The RASC generator deploys contracts using SDX. Payments set by the RASC can be executed in either ETH or SDX.
I agree with the statement that Ethereum is currently being used as a store of value coin, which has brought many benefits to the crypto industry as a BIockchain for many ICO projects and as coins for trading in the market of ICO projects. But let's think about the fact that many ICO are now going to second place and have lost their relevance. If we assume that the ISO projects will disappear from the crypto-currency market, as an unreliable way to invest, then where will the cost of Ethereum be?
According to my understanding, 94% of the ICOs conducted in 2017 were completed on the Ethereum platform. This is a very strong real-world usage, so I think Ethereum is a very practical platform. I am very very excited about Ethereum. Confident, I have always used Ethereum as my own stored value coin.
ETH is a really promising and far-sighted altcoin on the market. Its value is growing day by day and will rise for a long time. I am sure it will be the first altcoin forever.
this is nothing new. crypo currency were used and are still being used as utility token or coin other than only as a means of storing value. also, it is up to the investors desires or will, how they feel like using their coins as long as it is ethical.
basically in the world cryptocurrency is about speculation. live how we can use it. in fact some people more often use cryptocurrency as a store of value or as an investment tool. bitcoin is a store of value but is not used or offers utility use to the token holder because Bitcoin does not have a smart contract, And this is meant for peer-to-peer transactions, and on the other hand ethereum is a utility platform, most ICO makes utility coins as a storage value using platfrom ethereum. and has been proven from all coins that ethereum is stronger than other coins. Many other coins claim technically if ethereum is better in the use of ICO than other coins. ethereum remains the base currency for all those who invest in the development of Blockchain.
Therefore, one of the problems that ETH needs to solve is the throughput problem. Although many people use ETH as the tool of ICO, the ETH community is improving ETH.
This is a good idea, because the usdt on the market is always attacked, and if it is internally problematic or stolen, then the project will fail and its assets will be gone, so it is wise to hold the ether.
I don't know, personally I prefer to use Ethereum as a means of payment for something and also I invest in projects with the help of this coin.
For me etheruem as a store of value coin its not imposible,why not? People like us are mostly pay ethereum during a token sale. So as long as ethereum is useful it is good. The more it can be use then the more project can develop. If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
I think so because you also know Ethereum itself has a good growth and can transact quickly and not too expensive it so many people who trust Ethereum as a valuable and safe deposit coin, and in addition, Ethereum also called with Altcoin is best after Bitcoin Most people that buy Ethereum aren't using it, they're trading.
I don't know, personally I prefer to use Ethereum as a means of payment for something and also I invest in projects with the help of this coin.
ethereum remains as a base of leading projects developing on their platform, but in cryptoworld it is considered that bitcoin is a store of value, as I get it right
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
Most people that buy Ethereum aren't using it, they're trading.
If it is trading then it is not in store. It is being used just for a different method.
Another usage is the means to buy other coins. Bitcoin and Ethereum are the most used for buying ICO tokens and also user to user trades. It is still way faster than any tokens that came out there which is just copying everything from bitcoin and ethereum.
It is still way better to use the pioneer and trusted than risk it for a scam coin.
Actually this is not a big deal. Crypto currency acting as a store of value can be acted as a utility token or coin. Both are same just different from the perception. Moreover it is the wish of the investors how will they use this. Now most people are using crypto currency as a measure of investment.
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
Most people that buy Ethereum aren't using it, they're trading.
I actually beg to differ, people buying Ethereum are probably using it for decentralized applications that are already being run on the ETH blockchain.
Going back to your topic, Ethereum can also be used as a good store of value because all indicators point to it's value going nowhere but upwards. There is only innovation and enhancement ahead of the Ethereum blockchain and there is very little chance that some obscure little bug would be found in the code or some other catastrophe because of the sheer number of people constantly auditing the Ethereum blockchain and it's protocols.
That's a great point re: constant auditing of Ethereum blockchain. Yes, there are plenty of DAPPs running on ETH and plenty of platforms started as ERC-20s.
I’m trading with ETH too. But I think that ETH has a great potential for every move on the market, as for trading, and as for holding or jus investment.
They are doing it both. The only limitations would be the transaction speed and fees. When Ethereum achieves both high speed and low fees, it can be parallely used as a utility as well as trading coin.
Yes, I think Ethereum if it attained transaction speeds close to Visa and had a platform useable, not bogged down by the number of applications, then it would truly be a formidable product.
More of a vessel for transfer
Ethereum is first of all a cryptocurrency and you should not forget about it,but at the moment all crypto-currencies are assets.
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