Ethereum vs. Big Companies - page 3.

casperBGD

legendary

Activity: 2156

Merit: 1151

Nil Satis Nisi Optimum

Quote from: calandra78 on July 19, 2019, 08:00:13 AM

Quote from: bigcash2011 on July 19, 2019, 06:30:19 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.

developers should bear in mind that workable product is needed and all outstanding issues shall be addressed, that will increase price in long-term, near term volatility will always be on the markets

Erickan

member

Activity: 266

Merit: 18

Ethereum is a project known only after bitcoin, even the potential of ethereum is greatly appreciated. Evidence is that many companies and partners are involved in supporting the ethereum project. I think ethereum will flourish and become the leading smart contract application platform in the world. So there won't be any big companies that can beat ethereum, maybe ethreum will be the blokchain giant of technology later.

bigcash2011

sr. member

Activity: 1442

Merit: 265

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.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Ethereum has the potential to be a partner project for big tech companies. There is a big competition between crypto projects on each particular business sector but only strong projects like ETH will be counted as a serious competitor.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: Mankov on July 14, 2019, 10:46:14 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 understand what you want to relay, will they create their own token and blockchain and compete with Ethereum, if they are not I don't see any comparison, in what reasons or area will these companies kill Ethereum, since it is a cryptocurrency, only a cryptocurrency can beat it.

FanEagle

legendary

Activity: 2884

Merit: 1117

Instead of being competitive and trying to destroy, those companies can use ethereum instead. I know it is not that common for us to have those big companies working with stuff that are not theirs and they tend to just buy out the whole company when they want the technology from someone, yet when it is crypto currency they can't just buy all of ethereum so it looks improbable for us that they would do something like that but that seems like easiest way.

Maybe they will see it as the easiest option and do it as well, google pay using ethereum blockchain? Why not. Amazon using ethereum or any blockchain technology to track their warehouses and products etc? Why not. There are so many ways these companies can use ethereum and blockchain that, instead of rivaling, maybe they will join in with the improvements?

creeps

full member

Activity: 742

Merit: 144

Quote from: Mankov on July 14, 2019, 10:46:14 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

That’s only possible if they are willing to invest billions of money on their project, but I doubt to those companies that you’d mention. We already know the Facebook to launch their own coin, yet the capital is not that high like the marketcap of ETH. More money doens’t mean you can kill a good technology, you have to undergo to a long process.

trauchot

member

Activity: 1764

Merit: 10

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.

andika2018

member

Activity: 700

Merit: 10

Quote from: Mankov on July 14, 2019, 10:46:14 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 this is not related. Ethereum is a platform with smart contracts that companies can use. While companies like Amazon are companies that are engaged in the real sector. When viewed from the market cap value, ethereum even exceeds the company's value of several companies. So I think, it can't be compared between ethereum and companies in the real sector

cliber

member

Activity: 672

Merit: 10

umachit.fund

Quote from: Mankov on July 14, 2019, 10:46:14 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

They can make coins and I'm sure of that. Maybe my reason is the same as your reason, they are more money, good business partners and have a lot of employees. Maybe you have also heard information about a Facebook company plan that will launch a new coin.

shoreno

full member

Activity: 1750

Merit: 118

first of all , etherium is a crypto and the names that you listed for comparison are companies in the real world . its not apropriate to compare them to each other . people can have a seperate investment , they can invest on big companies and they can also invest on cryptos like etherium . they cant kill etherium because etherium is one of the useful coins on the crypto world so there will always be a demand for eth but they can kill other real world companies . we can compare eth to other cryptos but eth will still be unkillable just like btc .

omnik

sr. member

Activity: 569

Merit: 250

Quote from: krisnajsadrak on July 18, 2019, 05:02:05 AM

Quote from: CryptoLogo on July 14, 2019, 04:02:28 PM

What battle are you talking about? How can they defeat Ethereum? Can they create a new king of altcoins? My answer is no.

yeah there will no battle if all big company created their own cryptocurrency, just like libra
facebook will create libra, but a lot of polemic coming from the US government
and libra born as a stable coin, wich mean the value will always same my friend and for sure libra will not be an ethereum competitors

It's not. there will always be a competition between each other. US still in the process in mediation with libra and regulators are still hearing the reason of facebook created libra coin.
But libra will become the next competitor for all of the stable coin and we will see that a very strict competition between them all but it's not ethereum because libra is not a smartcontract platform dedicated.

krisnajsadrak

sr. member

Activity: 1092

Merit: 250

Hodlers Network

Quote from: CryptoLogo on July 14, 2019, 04:02:28 PM

What battle are you talking about? How can they defeat Ethereum? Can they create a new king of altcoins? My answer is no.

yeah there will no battle if all big company created their own cryptocurrency, just like libra
facebook will create libra, but a lot of polemic coming from the US government
and libra born as a stable coin, wich mean the value will always same my friend and for sure libra will not be an ethereum competitors

royalfestus

hero member

Activity: 2464

Merit: 519

Ethereum and the companies mentioned are not competitors in any way to each other. Though as at present these companies have 5x more value than ethereum itself and had not made known their intentions to come crypto public, they could be partner with some projects as the institutionalizing continues.

wenwen

sr. member

Activity: 728

Merit: 251

Big companies won't kill Ethereum. ETH dies due to the fact that Vitalik Buterin doesn't want to continue to work on his idea. He does not want to create a world computer and refuses to decentralize. If this goes on, we will soon not see Ethereum in the list of cryptocurrencies.

Mihail.B

member

Activity: 392

Merit: 10

I think that they do not set such goals as to destroy the ether or bitcoin. In any case, this will have a positive impact on attracting new players to the world of cryptocurrencies.

Averim

member

Activity: 515

Merit: 12

Giants like google and amazon can make a lot of things, they have a lot of marketing power in the market but not in the cryptocurrency one, It is true they can make things happen but they cant just destroy geth, Ethereum has his own business partners to.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: sana54210 on July 17, 2019, 03:31:07 PM

I cannot seems to see any correlation between the two of them, Ethereum is a cryptocurrency and other ones you mentioned are not, and I have not heard that they ventured into cryptocurrency except Facebook, so in what way would the rest kill Ethereum. Even the proposed Facebook coin that may serve as utility tool will still need the support of Bitcoin and Ethereum for anyone to be able to buy the coin.

I think it is stated clearly in their whitepaper that they do not have the same system with bitcoin and Ethereum, and I am not sure it is Ethereum that should be threatened by their existence, but other existing stable coin and weak project in the market in which we all know that Ethereum does not belong to the group of weak coins, even if those other companies decides to join the crypto world, they may end up partnering with Ethereum.

You have a pretty solid point here.
OP can't compare the existence of ethereum vs. the other companies mentioned by him.
They are totally different in nature and their system has different usage.
Eth team I can say, has a solid foundation. They are catering a lot of businesses to make their operations easier.
However, a lot of them are abusing the eth network to gain money for themselves.
Those big companies need eth network within their system to make their operations productive and more economical.

sana54210

legendary

Activity: 3318

Merit: 1128

I cannot seems to see any correlation between the two of them, Ethereum is a cryptocurrency and other ones you mentioned are not, and I have not heard that they ventured into cryptocurrency except Facebook, so in what way would the rest kill Ethereum. Even the proposed Facebook coin that may serve as utility tool will still need the support of Bitcoin and Ethereum for anyone to be able to buy the coin.

I think it is stated clearly in their whitepaper that they do not have the same system with bitcoin and Ethereum, and I am not sure it is Ethereum that should be threatened by their existence, but other existing stable coin and weak project in the market in which we all know that Ethereum does not belong to the group of weak coins, even if those other companies decides to join the crypto world, they may end up partnering with Ethereum.

john alex young

jr. member

Activity: 199

Merit: 3

Quote from: Mankov on July 14, 2019, 10:46:14 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

If they do, surely they can. Moreover, the companies you mentioned are Amazon, Google and Apple. Facebook itself has information that will make new coins. I agree if they have many partners.

Topic: Ethereum vs. Big Companies - page 3. (Read 1018 times)