As I try to research the actual value of Ethereum in the cryptocurrency economy I come across more and more evidence that it is a kind of good idea, one part of a general concept many people have been working on under various headings, but it is being sold as some major exclusive breakthrough. A 20$ improvement being marketed as a million $ advance in thinking.
First a person notices that there is not any organic activity to justify the valuation. Forums do not have the kind of activity they should have for something at that price. It is sort of like Ripple, an okay product, but nothing great, with a vast marketing apparatus pumping it higher and higher, a bubble getting ready to undo.
Looking at ethereum on Google Trends from January 2013 to January 2016, a person sees a steady increase in activity from December 2013, when it had a relative index of 5, to January 2013, when it scored 100. But if you extend the chart to January 2007 you see that the search term Ethereum peaked at 69 out of 100 in May 2007.
https://www.google.com/trends/explore#q=ethereum&date=1%2F2007%20109m&cmpt=q&tz=Etc%2FGMT%2B10 In other words it appears that even the name may have been chosen because metrics had demonstrated it could be made to generate a false 'buzz' at a reasonable cost. Extending Google trends to today a person sees more growth but still May 2007 had 11% of the 'Ethereum search activity" that June 2016 has.
Buy? Sell? Hold?
It looks like a huge fraud getting ready to take a dump. One of thousands of "good ideas", but it is being marketed as "the best idea since bitcoin". What is it that convinced so many people that this modest step was some major breakthrough?
ethocreampie is crap and mist is junk, the network is not for long term. everything is possible when whales behind it. in eth case, the banks or these crypto pumpers want to destroy bitcoin reputation and they have eth to play around.
bitcoin as cryptocurrency is perfect, nothing else is needed. if the scammers or any big brain people want something more they can build around bitcoin, simple as that.
organization also can build it own blockchain to keep record/bill/receipt/whatever by running their own servers(centralized) or pay the fees(pos/pow/dpos or whatever) to others. cryptocurrency or blockchain at this point is perfect. others ipo, premined, coin, platform or unseen promises is nothing but scam idea, instant millionaire, nothing more to it.
there is 0.000000% the world need something like this ethocreampie.
if you want smart contracts use something like rootstock.io or if you want something like ebay then use openbazaar.org
it's seem the crypto community and the world want something more with this crypto or expecting more but in reality nothing more to it beside bitcoin.
others scam platform or coin think they can be better or bigger than bitcoin, they can't, it is just scam idea.
i like lisk but don't mean lisk can be better or bigger than bitcoin, it don't. it's just convenience like i have mentioned before, it can store photo or video in sidechain but don't mean bitcoin can't do that, no people want to build around bitcoin but they rather want their own name and currency.
? Wtf ? btc vs eth ? why ? its only another cryptocurrency ! usd dollars destroy euro ? japanese yen destroy uk pound ? canadian dollars destroy malaysian ringgit ? WTF