Bitcoin Forum

going to tripple digits they said..

http://replygif.net/i/130.gif

ok and...

so that's the reason why it is dumping from yobit because something is cooking hope it happens
but that's still a big question mark sir, a big diff between the price and popularity.
well see.

shitcoin will never replace bitcoin, simply because the money will move on the next shitcoin, for increasing your bitcoin portfolio

now they are dumping for lisk and they will dump again for something else and so on

Uhh, how would ETH do that in the first place? We've seen it recently being pumped and dumped so hard, so why would anyone in their sane state would like to exchange bitcoin for ETH? Dumbness at its finest, I'd say.

I doubt it. Ethereum is an interesting platform, but it is more oriented in businesses than ordinary users.

Smart contracts are irrelevant for most people, so it is not an advantage over Bitcoin if we consider its usability as a pure "payment" system. The only exceptions I can imagine are bitshares-like stable currencies.

The smart contracts functionality can even lead to more severe scalability issues than those we are seing currently in Bitcoin, because transactions will tend to be "heavier". ETH will need probably even larger blocks than BTC.

So in my opinion ETH will succeed but it will not replace a more pure payment system like BTC.

thats true, it has always been happening and it will happen in the future too, i doubt that anything will actually replace bitcoin in the future because its the only good cryptocurrency

i believe it would be better if people wouldnt just invest a lot of money in other cryptos because in a long run they will surely not make any good money

Today they had a terrible price, eth price moves very fast and it's more unstable than bitcoin, anyway i doubt that something else than bitcoin will replace bitcoin.

First there was ltc hype, then eth followed, and no matter what next one is going to be, it will end up in the same way. It will tank up and then
it is bound to fall down and get annihilated because it's a stupid altcoin. You can't have some alt to replace original version, get real guys.

I am not really convinced if it ever will replace Bitcoin. The mainstream of the people know the name Bitcoin and never heard about Ethereum. Most people here are talking about current prices on exchanges but that is only short term thinking that says nothing for the future.

Fabienne:
Whose coin is this?

Butch:
It's an altcoin, baby.

Fabienne:
Whose altcoin is this?

Butch:
It's ether's.

Fabienne:
Who's ether?

Butch:
Ether's dead, baby. ether's dead.

 ;)

Was bitcoin dead in 2013 when it went from $250 in April to $76 in july 2016?
Price fluctuations are mostly irrelevant.
I have both btc and eth and will continue to accumulate both.
bitcoin=gold or money
eth=oil or gas

What's in the suitcase?

i dont get why anyone would want to invest in it the 1st place.

is it needed somewhere or something? am I missing some vital info that makes it worth while to invest..

ETH may have a place somewhere, sometime. But I'm not seeing how it can replace bitcoin. I guess if I had tons of ETH and I wanted to pump and dump, I'd probably be saying it would replace bitcoin too.

Exactly. Rinse and repeat.
Let ETH first deliver something, then we may talk. For now it is all thin air. Quick come and quick go.

yes, ethereum will never replace bitcoin to be honest because bitcoins are much popular right now

The 1st lesson I saw this happen was for doge coin lol.

That sure bring me back memories.. but yeah most alt coins go to crap real quick. Its only beneficial for those who got large amounts to dump to begin with when the hype did grow.

Who is They? The founders? Of course they say that, like any other altcoin founder would say.

Bitcoin will always have the first mover advantage + its the most visible cryptocurrency to the mainstream public. Any infrastructure or support will primarily be made for bitcoin first.

Ethereum is still in a very early stage, and I have no doubt that it can achieve an interesting market capitalization, but bitcoin always will be the pioneer, the most popular altcoin and nothing can displace its accumulated prestige, despite the multiple advantages that new altcoins could offer.

Because if you are a good trader you can make good money, but investing in eth is very risky because the price changes too often and there are lots of pumps and dumps so you have to be lucky to earn sometimes. It's in their early stage but bitcoin is older.

When it is already hard to get the simple bitcoin concept accepted by mainstream, I think it is going to be difficult for most to understand what ETH is...

I hope it gets another pump though, I got caught with some bought ETH just before it started going down

I can't see ETH ever replacing bitcoin, it's a different concept.
Maybe LISK will replace ETH one day who knows.

Lisk will replace ETH and we will see that soon but for ETH to replace bitcoin wont be happening in the years to come.

ETH is not even close to replacing Bitcoin I don't even think it is possible.

majority of the people that have more ETH than BTC would say that. it's called being hopeful. it is not impossible for some alt to replace bitcoin but reaching into that conclusion in few months because of price spike are just stupid.

that is a good way to explain the difference between them for the man in the street. They both have a place.

ETH might replace bitcoin when it has a real user base and a range of clients i.e. not now, and not soon.

Can anyone tell me why Lisk is going to do anything? It's a copy of an already failed alt as far as I can tell.

It´s trading at a cent to bitcoin´s dollar so it won´t threaten or replace bitcoin any time soon. It´s the same as penny stocks, they´re always going to be the next great thing but most of them stay worthless because there is no value to speak of.

Yes with that it can compete with bitcoin but for now there are lots of people who are still believing in bitcoin and with eth fail to get some sponsor they need more innovation to get more clients.

What if someone makes a decentralized ETH coin?

Speculations as always. In an altcoin, just because the coin boosted from let' say 100% - 200% increase, it doesn't mean we have to considered it as a valid and strong basis to replace bitcoin.

And with such increasing numbers of altcoins, which some of them also experience some price growth, the market will just have a rotational price. Meaning traders has lots of options to invest and trade with.

And pointing to ETH, it's clearly a whales movement unlike in BTC that can keep up now even with the small efforts of the whales.

I think by far the most interesting aspect of this all is that there's just been a ginormous bubble where millions could've made in weeks yet Bitcoin itself did essentially fuck all. Same goes for LTC. That's pretty much unprecedented.

If this is the wave of the future then that's a bit depressing for those who are somewhat dim/risk averse/sensible such as my fine self.

No i dont think tht gonna happen as ethereum and bitcoin are two different things. Ethereum is platform for dapps where as bitcoin is and will be decenralized payment system.

that will not going to happen and people has only speculate about that also on these few days ETH prices doesn't look so good because down and down again every day and i think until whenever there is no altcoins will replace bitcoin

I guess that will not happen, I think ETH is only a coin that are popular today, a time when its popularity will be lost, in contrast to bitcoin is always used even when the price is going down

the more they spammed and spread their FUD about bitcoin, and with every single one of those bots that are spamming here in speculation board about bitcoin being dead and replaced with eth, i became more sure that ETH is nearing the end.

it might not be its complete end but it is heading towards it.

As said these were the coins which gets popularity for some time and moves off. I have seen users using these opportunities effectively. They used to trade with those coins and invest the profit in bitcoin.

yes indeed many traders just buying eth for benefits unlike bitcoin that we use for everyday needs many people now a  days use bitcoin for shopping and most of it use for online payments and gambling, so if eth do wanted to be like that many things are needed to replace bitcoin, after all eth only relies its price from the whale who dives so deep and pump to rise up.

ETH is very hot recently , but can't replace bitcoin
I think growing of ETH is better to bitcoin

Shut up

I think they may said correct but it does not mean that it will replace bitcoin, bitcoin has its own unique place the world of crypto-currencies and will always stay as No.1, and still we wish that like bitcoin ETH also reach to triple digits.

Sure, ok. :)

Well it certainly hasn't hit triple digits yet but it's holding on to 0.02 pretty tenaciously.  It got over hyped and over bought.  Pumped and dumped.

Its still a very new currency and has a lot of potential.  Bitcoin has that first in gold standard going for it but it has its flaws.  Ether has fast transactions while with bitcoin you have a long wait for your coins to confirm.  Dapps and such seems like a gimmick to me, I mean who wants to micropay every time you use an app but contracts seem to have a legit use aside from the pyramid schemes.

It will rise overtime, it was just over valued too quickly so we saw the adjustment.

This ^^

AFAIK, you can use ethereum as a platform and use any other coin on top of that. Being either Ether or Bitcoin.

I think it will be wise to hold both.

But I'm a newbie, what do I know :)

I noticed that. It's hard to think long-term 'round here, but from a long-term perspective ETH has done pretty durn well.

ETH's more-or-less year-to-date chart:


It's a darn good one. Hard to believe, but you could have snapped up ETH at about an eighth of its current price only five months ago. I may inhabit a different universe than some of the folks around here, but that chart looks an awful lot like an uptrend.

Yeeaah, but all of that is effectively sunk. Ultimately what is of interest is how the price will move going forward, yeah?

The ETH fundamentals don't look too good in that sense.

To me it looks like an uptrend followed by a downtrend (doesn't mean that there can't be an uptrend anymore but I am only pointing out your mistake)

I also think same about alt coins, they are there just to make our bitcoins busy. Of course many of that coins people use for different things. There is new coin almost every day and people are just use them to earn more coins. But its not easy, following that coins is a hard work.
Cause of that I trade more on luck and advices from much experienced traders.
I don't think any coin can replace btc, or even come close to btc. Yes there will be good one's but they will need to touch 100 $ to become more serious threat to btc and I don't see that something like that will happen anytime soon.