Why is Ether so popular, despite its infinite supply? - page 2.

thelibertycap

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Quote from: bitcoineverything on May 26, 2016, 09:29:49 AM

Ethereum is gaining popularity and adoption because it is made with a purpose different from Bitcoin. Bitcoin is made as an alternative to regular money while Ethereum is made as a platform for P2P contracts and apps thru its currency vehicle.

What adoption? I see only speculation.

bitcoineverything

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InvestnTrade. Latest from the crypto space.

Ethereum is gaining popularity and adoption because it is made with a purpose different from Bitcoin. Bitcoin is made as an alternative to regular money while Ethereum is made as a platform for P2P contracts and apps thru its currency vehicle.

alyssa85

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Quote from: mayax on May 25, 2016, 12:49:47 PM

because it's fast and the people wants a "normal" e-currency with instant transactions.

This. It is literally that simple - people just want something that works well.

ObscureBean

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Finite/infinite supply doesn't really have anything to do with it being popular really. When you get right down to it, usefulness is what makes something valuable. ETH has all of the main features that define Bitcoin plus offers a ton more on top. What makes ETH different from the multitude of altcoins out there is that while others try to implement a few novel features, ETH offers a near infinite number of possible applications, allowing anyone to build their ideas on top of it.

biggbox

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Quote from: fenican on May 25, 2016, 09:19:01 PM

Seems like a ponzi where the early "investors" are now benefiting from a flood of hype crazed newbie investors dazzled by "pump and dump" appreciation.

We've seen that pattern 500 times on the other Alt coins. Always ends badly.

Prior to Ether, what other coins shared the same fate?

biggbox

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Quote from: BARR_Official on May 26, 2016, 03:26:45 AM

Infinite supply isn't Ethereum's biggest problem. If there's ever a real use for Ethereum, the size of the blockchain will probably make it impossible for almost anyone to use.

Hey, you are right. Essentially, if Ether smart contract gets super popular, the globe will be using one main Ether chain?

50 GB of Bitcoin block chain is scary enough.

gentlemand

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Welt Am Draht

The supply thing sounds a little murky but i think it's overegged. Similarly no one's going to give a shit about future supply if things are exploding in the here and now.

Amph

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because coins in circulation is more important than the maximum supply limit

also it has already a huge marketcap, and it is known that money attract other money and so on...

mindrust

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It is because every single thing about m-ether is a lie. They say there are 150m$ of investing made in DAO. Another lie. It is a pump&dump scamcoin which is promoted heavily because they pay people for the job. I wouldn't go near anything related to ether.

BARR_Official

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Infinite supply isn't Ethereum's biggest problem. If there's ever a real use for Ethereum, the size of the blockchain will probably make it impossible for almost anyone to use.

odolvlobo

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Quote from: fenican on May 25, 2016, 09:19:01 PM

Seems like a ponzi where the early "investors" are now benefiting from a flood of hype crazed newbie investors dazzled by "pump and dump" appreciation.

We've seen that pattern 500 times on the other Alt coins. Always ends badly.

That's not a Ponzi scheme.

Divinespark

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That said, ether is designed without fixed supply in mind as the tokens power the contracts and therefore will have increasing supply
BTC likely will be a far superior store of value

Divinespark

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ether is not a ponzi scheme. it is at this moment in time a better system of advanced smart contracts than btc, although we will have to see how they master scaling challenges ahead, again much like BTC
Some of the experiments are pretty cool

Bitcoinpro

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Quote from: Babayega31 on May 25, 2016, 11:14:22 PM

Quote from: mookid on May 25, 2016, 11:06:37 PM

Quote from: fenican on May 25, 2016, 09:19:01 PM

Seems like a ponzi where the early "investors" are now benefiting from a flood of hype crazed newbie investors dazzled by "pump and dump" appreciation.

We've seen that pattern 500 times on the other Alt coins. Always ends badly.

The other altcoins don't offer things that even Bitcoin can't do. Ethereum provides a full development ecosystem, a Turing complete language, and a healthy development team.
The inflation rate will be low, and its mandatory because ultimately, Ethereum is a computer that runs contracts in exchange of ether.

Its trend now because it has good system unlike any other crypto and it is choosen to be mine by the miner because the block is not difficult to mine and so on its very profitable for miners to mine for this coin unlike bitcoin have diffuculty of blocks and same for others alts are not valuable.

Juat admit u have no idea wat ur talking about

Babayega31

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Quote from: mookid on May 25, 2016, 11:06:37 PM

Quote from: fenican on May 25, 2016, 09:19:01 PM

Seems like a ponzi where the early "investors" are now benefiting from a flood of hype crazed newbie investors dazzled by "pump and dump" appreciation.

We've seen that pattern 500 times on the other Alt coins. Always ends badly.

The other altcoins don't offer things that even Bitcoin can't do. Ethereum provides a full development ecosystem, a Turing complete language, and a healthy development team.
The inflation rate will be low, and its mandatory because ultimately, Ethereum is a computer that runs contracts in exchange of ether.

Its trend now because it has good system unlike any other crypto and it is choosen to be mine by the miner because the block is not difficult to mine and so on its very profitable for miners to mine for this coin unlike bitcoin have diffuculty of blocks and same for others alts are not valuable.

mookid

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Quote from: fenican on May 25, 2016, 09:19:01 PM

Seems like a ponzi where the early "investors" are now benefiting from a flood of hype crazed newbie investors dazzled by "pump and dump" appreciation.

We've seen that pattern 500 times on the other Alt coins. Always ends badly.

The other altcoins don't offer things that even Bitcoin can't do. Ethereum provides a full development ecosystem, a Turing complete language, and a healthy development team.
The inflation rate will be low, and its mandatory because ultimately, Ethereum is a computer that runs contracts in exchange of ether.

fenican

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Seems like a ponzi where the early "investors" are now benefiting from a flood of hype crazed newbie investors dazzled by "pump and dump" appreciation.

We've seen that pattern 500 times on the other Alt coins. Always ends badly.

Sir_lagsalot

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Ethereum is extremely popular because it is bitcoin with it's flaws rolled out. It harnesses the hashing power of the miners, and uses it for something practical. I've personally purchased about 1 btc of ethereum, and i'm already up 0.2! Cheesy

cpfreeplz

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Quote from: crazyivan on May 25, 2016, 12:10:50 PM

Gold s infinitive as well, at least in our lifetimes, yet, the price s stable and even going up. Why?

You do know that there's a finite amount of gold on earth right? That was a incorrect statement. If you're talking about the universe (maybe gold is on a meteor flying by??) then there may be an 'infinite' amount in that sense.

There is less and less gold being found all the time just like how Bitcoins are halved every 4 years, but more of a natural process.

Also, gold is considered stable by you, but it does also fluctuate. It's also been around for THOUSANDS of years. Really terrible analogy tbh.

aso118

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Possibly because people don't understand it?
It is easy to get sucked into hype.

Topic: Why is Ether so popular, despite its infinite supply? - page 2. (Read 3844 times)