Topic: Whats ETH value based on - page 2. (Read 695 times)
You understand about bitcoin, but you do not understand with ETH, bitcoin and ETH have the same pricing terms, depending on seller and buyer, ETH can be said to be equivalent to BITCOIN and somewhat different from other ALTCOIN
I understand that there are certain amount of BTC ever to be in circulation. when more people want it (due to limited supply) as store of value or transacting currency, it creates demand and drives the up.
what i don't understand is , how is ETH value determined. Its not currency but a smart contract platform. So how and why there is value to ETH and what does it produce to gain value in future.
what i don't understand is , how is ETH value determined. Its not currency but a smart contract platform. So how and why there is value to ETH and what does it produce to gain value in future.
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