Ethereum vs. Big Companies - page 2.

coin-investor

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Quote from: Mankov on July 14, 2019, 11:46:14 AM

...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?

Possible Reasons:

-much more money
-more business partners
-more employees

All of them had a different market and users, and I don't think these companies can beat or kill Ethereum, what can kill Ethereum is the community that supports, but people are unanimous in supporting Ethereum just like they do on Bitcoin, as long as people are into Cryptocurrency Ethreum is unlikely to die.

cafee_orange

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so far what we can see of course cannot, because the popularity of ethereum is more considered, not only ETH, the king of Crypto is Bitcoin, none of them can kill Bitcoin. ETH has an active product, as well as many communities, it might happen and it feels business, but if you want to be killed I think it's impossible.

Siren

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Quote from: Mankov on July 14, 2019, 11:46:14 AM

...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?

Possible Reasons:

-much more money
-more business partners
-more employees

What’s the connection?is there really competition about companies and cryptocurrency ?can you elaborate more?ethereum is a platform that are being in the circulation couple years back and doing great specially for IcO project

While big companies has their own platform in real life business so I see no comparison to them both

slaman29

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It's hard nowadays to just simply pumped your coin even you already provided updates but the market still on it's speculation period, the bear season is trying to comes up and with the dominance of bitcoin its harder for investors to put much amount inside alts than putting higher inside bitcoin investment, ETH needs more back up since the possibilities of bigger company to comes up with their own crypto will make it more harder for this coin being pumped high again.

Not only that. Even if you provide updates, it's got to be something the community finds useful in the first place. Even for bitcoin, with segwit, it took forever for services to upgrade and until today you still have some sites refusing to even do it despite the benefits. Bear season has very little to do with update related price in my opinion.

thiscomm

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Of course not, because we already know that the second largest crypto market already has many partners because of the rapid development of erhereum in its emergence. new crypto money like FaceBook's libra certainly won't be able to kill ethereum because they lack cooperation in digital money.

calandra78

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Quote from: bigcash2011 on July 19, 2019, 07:30:19 AM

I think ethereum will be on top soon, personally im looking forward to Eth 2.0 that has been announced to go live in january 2020 so if eth network is able to get rid of all its outstanding issues then surely 2020 is going to be huge for eth.

that moment could be bad or nothing happened in the market when the moment of release of ETH 2.0 was hit by negative news by the market. I think the developer must think of the best moment to be able to at the same time pump prices. not just an update.

Saisher

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Quote from: Mankov on July 14, 2019, 11:46:14 AM

...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?

Possible Reasons:

-much more money
-more business partners
-more employees

I think some words are missing, what you mean is if these big companies will create their own token, if they will do that but the platform is not as competitive like what Ethereum has, I don't think it will succeed, in the first place only Facebook has give us the intention that they are going to create their own coin the others are not.

Flooks

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From Ethereum was an ambitious plans to create the world of the computer. But every day the fuse of the company fades. I certainly want to believe that top companies will fight with Ethereum. But most likely this will not have to be done. Since Ethereum will kill itself and it will not need any help.

I believe in Ethereum and so far for me this coin is the most effective in business terms. I pay bills using Ethereum, this is a convenient payment system at least.

mitchr4

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Quote from: trauchot on July 18, 2019, 04:06:53 AM

It is difficult to say, because ethereum team has a huge experience in blockchain technologies and in the whole cryptocurrency sphere, while others companies have much less experience in cryptocurrency, but at the expense of a huge amount of money, they can hire excellent specialists and create top altcoin with new technologies, but for now nobody needs that.

It's big companies whatever they can do with their money especially these companies are more popular than Ethereum. But indeed the experience is more reliable and can be trusted to remain the best.

Apes

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yes they can, although many have used the ERC20 Ethereum platform on various applications or projects that are used by many companies, but in fact it does not pump ETH prices and trust significantly because many are misusing the DApp ERC20 as a way to raise fake project funds.
Large companies that already have public trust and more business partners have the opportunity to develop a ecosystem that is far from ETH Dapp.
if ETH does not improve or control their ecosystem, I am sure that a big companies can kill it.

akungagal

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Quote from: samcrypto on July 21, 2019, 09:24:53 PM

Anyone can compete to any coins especially those companies who are capable to fund their new project, if there's a threat to ETH then they should know that so they can think for more advance technology that can still keep them above all altcoins. I think if Facebook or any other companies fund more their project, they can enter in top position easily and if the service or token or coin is good, then we can expect to see a new coin on top.

you say the right thing.
i think nowadays everything depends on market interest.
if Facebook coins or other companies get a lot of funds and also lots of people are interested in buying them, i think it's legitimate they can change the position of ethereum but not to kill ethereum.
because ethereum is still the strongest altcoin.

btc-facebook

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I am not sure if the big company can defeat ethereum from ethereum fame, but from coinmarketcap it could be.
but we also have to see how usecase is from the project, is it good or not.
because we also know ethereum has very good quality, whether it's from usecase or the community.

samcrypto

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Quote from: Mankov on July 14, 2019, 11:46:14 AM

...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?

Possible Reasons:

-much more money
-more business partners
-more employees

Anyone can compete to any coins especially those companies who are capable to fund their new project, if there's a threat to ETH then they should know that so they can think for more advance technology that can still keep them above all altcoins. I think if Facebook or any other companies fund more their project, they can enter in top position easily and if the service or token or coin is good, then we can expect to see a new coin on top.

MikeyVeez

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Ethereum Enterprise Alliance cooperates with many large companies such as Microsoft, MasterCard, Intel and many others, more here: https://entethalliance.org/
That means that they are not competitiors but collaborators trying to make a decentralized world better.

hohuan101

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Quote from: Mankov on July 14, 2019, 11:46:14 AM

...what do you think,
can big companies like amazon, google, facebook, or apple kill ethereum?

Possible Reasons:

-much more money
-more business partners
-more employees

I don't think so. At this time, Most companies are established in America are very difficult to join the blockchain. Because the government said that cryptocurrency contributed to promoting social evils such as: Money laundering, trafficking weapons, ... They are very difficult to control them.

Therefore, US companies must choose to cooperate with Ethereum or another blockchain network. This cannot kill Ethereum but it also indirectly helps them grow because currently most projects want to develop blockchain all use the Ethereum platform.

Hope this information can help you. Good luck!!

Ucy

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No, these can't kill the cryptocurrency.
Ethereum is a public blockchain while the blockchains/blockchain of the big companies will likely be private blockchain.

Public blockchain (real blockchain) have unique features many people need. Private blockchains do not provide this features..
So, people will always go for the public blockchain when they need the unique features.

Drai

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It seems that you have not fully grasped the fact about Decentralisation, these company cannot shut down what they cannot even see or touch ecayse it is owned and controlled by everyone together, unlike central institutions where you can simply drag them to court and shut them down, blockchain exists and the movement has begun.

r32godzilla

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If they develop similiar blockchain technology for Dapps, then it is possible.
But currently you are comparing apples and oranges. Ethereum is not even a company, it is a coin that supplies power for EVM project.

Dreamchaser21

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Quote from: bigcash2011 on July 19, 2019, 07:30:19 AM

I think ethereum will be on top soon, personally im looking forward to Eth 2.0 that has been announced to go live in january 2020 so if eth network is able to get rid of all its outstanding issues then surely 2020 is going to be huge for eth.

We are waiting for upgrade and even if there’s a new company to create coin they can’t beat the top position altcoins easily. Its cheap, but its technology is more than enough compare to any blockchain technology, smart contracts makes ETH ahead so nothing to worry.

Pithaxz

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it's about reality, I mean all that might happen or maybe in the future but I think the reality is no. because ethereum has always been there and has a strong community, their performance is quite good even if you think it can be defeated I don't think that's at all.

Topic: Ethereum vs. Big Companies - page 2. (Read 1007 times)