Topic: Why Ethereum Is Not a Bubble (Read 1119 times)
^ from the rumors I heard Vitalik Buterin has almost 50% Ethereum, so only he can set the price of Ethereum. unlike Bitcoin, a group that controls almost 40% of Bitcoin from rumors I heard, so when this group sells its Bitcoin Bitcoin will go down, and otherwise when this group buys Bitcoin then Bitcoin prices will rise.
Thank you! Great Medium article!
Nobody can comment about its price. A bubble or not who knows? But ethereum technology is being used by so many icos now. It is something important and there is no strong alternative to ethereum at the moment.
It still have possibility. Since Ethereum are first coins who support smart contract and rumors it's been controlled by group, so it can be manipulated, when many of project ico's are failed because of scam or unreliable. This could condition could be happen Ethereum can fall dip and burst.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is I want to ask you, why should it be a bubble? I mean bitcoin first and then ether. They're not bubbles, if you're looking for bubble on world economy, go and see paper money issued by american governments. They can issue however they want without backing it.
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Bitcoin has skyrocketed in the past couple of months and I don't think is I want to ask you, why should it be a bubble?
op is talking about etherium here and not bitcoin although bitcoin is also accused many times for being a bubble but both etherium and bitcoin arent actually a bubble or a tulip because we can still see and feel them as of now. yet we wont know if how long they can exist or maybe they can go a long run and will become permanent due to the fact that cryptos are verry useful and can add innovation to a country or economyQuote
if you're looking for bubble on world economy, go and see paper money issued by american governments.
paper money arent buuble either because they are already existed and known to be usefull in a real world environment. 
Ethereum is becoming more popular and popular in terms technology and the volumes it is generating gives more confidence to the investors and also they are improving the technology on the basis of smart contract.
I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.
The question is not if BITCOIN is in a bubble. Etherium is it's own animal. Here's proof:
Pull up two charts: a 6 month chart of ETH and a 6 month of BTC. At gross level, both are on an up-trend. But beyond that, the similarity ends. The massive rise (and more recently... fall) of BTC price has not been matched by price changes in ETH. Indeed, the biggest change in Ether was the abrupt doubling around Dec 11.
I want to ask you, why should it be a bubble? I mean bitcoin first and then ether. They're not bubbles, if you're looking for bubble on world economy, go and see paper money issued by american governments. They can issue however they want without backing it.
Well, now that ETH has gone up by 2X in just the last month, it's starting to look more frothy. Still has room to run, IMO... but the risks of a correction are growing.
I would agree that ETH is not a bubble. Solid coin with a lot of success and a lot more potential in 2018.
I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.
The question is not if BITCOIN is in a bubble. Etherium is it's own animal. Here's proof:
Pull up two charts: a 6 month chart of ETH and a 6 month of BTC. At gross level, both are on an up-trend. But beyond that, the similarity ends. The massive rise (and more recently... fall) of BTC price has not been matched by price changes in ETH. Indeed, the biggest change in Ether was the abrupt doubling around Dec 11.
I do not believe eth is in a bubble, it is required by so many projects and thus its value is value driven instead of speculatively driven. The price has remained strong this last month when bitcoin has skyrocketed, that's because it has real value.
Hard to say what's a bubble and what's not these days, but Bitcoin has skyrocketed in the past couple of months and I don't think is sustainable, it will probably burst soon.
I wonder if you still think same, Bitcoin is not in a bubble?
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
I think they are already in a bubble, both Bitcoin and Ethereum, and other alts too obviously.
Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
Ethereum was in a bubble in June.- It was obvious. Hype of ICOs was huge. At this point not all ICOs are successful as were half year ago. Only most scammy ones that plan marketing well are fully founded.
Price fall almost 4 times in Bitcoin from that moment. Also to all ICOs that were made on Ethereum in past.
Ethereum is a technology. It has the potential to be much more than a financial instrument. As for the fluctuation of price, it will pick up once there's mass scale adoption by financial institutions. I believe it's a backed crypto, its backed by technology, that gives it true value. Unlike BTC it might not soar like a kite, but it will pick up gently.
It is very hard for ETH to go bubble.
There are so many apps and fee needed.
ETH may be next backbone after BTC.
There are so many apps and fee needed.
ETH may be next backbone after BTC.
It isn't a bubble because it is a solid project. Those are probably trolls that want it's price to dump.
My reason why ethereum is not a bubble are :
1. Ethereum is a pioneer of smart contract and its smart contract use turing completed which you can full modified the smart contract and it is really usefull for blockchain industry and the world will use it.
2. The korean hyper buying is fo4 long term holding not short term flipping.
3. The ethereum it self in my valuable it is worth 1/5 bitcoin. So it is still under valued now.
1. Ethereum is a pioneer of smart contract and its smart contract use turing completed which you can full modified the smart contract and it is really usefull for blockchain industry and the world will use it.
2. The korean hyper buying is fo4 long term holding not short term flipping.
3. The ethereum it self in my valuable it is worth 1/5 bitcoin. So it is still under valued now.
Hi everyone,
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
I invite you to read my analysis & thoughts on why ETH & BTC are not a bubble.
https://medium.com/@TOKENCITY/why-ethereum-btc-is-not-a-bubble-579941617bd5
I have written this as a response to people who don't possess necessary knowledge neither in economics nor blockchain/cryptocurrency,
yet feel entitled to speak as if they have expertise in the field.
In case you feel like sharing this with the others, I'd be very pleased, here is a link that you can share/retweet:
https://twitter.com/TOKENCITY/status/912677093166735362
Super keen to hear your thoughs on the matter!
Cheers
/tOKENCITY
i think that ive heard these simillar critics before about etherium and bitcoin saying that these two are just a buble or tulips and even ponzi schyme. i guess these iliterate people are just butt hurt and wanted to be popular saying unreal facts about these two giants but what ever they do people wont still believe them on what are they trying to proclaim.
Because users are very large and most are developers who need ethereum to develop their projects. this is different from other coins that can easily be speculated.ETETH ecosystem is that it's actually suppressed the
price somewhat
price somewhat
Those reasons are true, but ETH is still correlated to the overall crypto space. If Bitcoin and all other alts crash, they will take ETH down with them. ETH might not be in a bubble, but that doesn't mean the price won't go down.
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