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Why do guys think that this will survive long term? I believe this goes against bitcoin...
One thing to understand is that outside influences (IMO) actually select what coins survive long term.
They also decide what major coins will be pumped, dumped, and neglected.
In this case with Ethereum I am picking up much "chatter".
Also, the coin seems to be mimicking the behavior of Cloak as far as pump and dump goes.
Many coins claim to be better than BItcoin.
In some cases they are and in some cases they are not.
Only time can decide that.
Please elaborate what you mean by "this goes against bitcoin".
Bitcoin has more traction and more people are involved. Ethereum is just try to be main part of this crypto revolution. Why would anyone use ethereum blockchain in the long term when more secured is bitcoin blockchain.
If 51% people are driving right and 49% left soon 100 % will be driving right and 0 left. I believe this is the same with blockchains. Why to be part of the small blockchain if everybody is using standart (bitcoin blockchain)?
