Ethereum now is like bitcoin back in 2013. A huge speculation bubble is going to burst and some people are going to cry Anyway the crypto world is full of speculators who are waiting for such bubbles. $340 is still far away from $2600. We have 21 million coins, they have uncapped ~100mil or roughly 5x so 340x5 and your looking at 1700 Eth is still a scam though, nothing rises 4000%+ that isn't in a crazy speculative bubble But then the music stops, they're won't be enough chairs for everyone so make sure you get one and don't be too greedy because the crash will happen faster than you can react to it... Mark my words "nothing rises 4000%+ that isn't in a crazy speculative bubble"....BTC has done way more than that.
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As soon as banks get bored of eth, they will replace it with something else. Bitcoin will keep its place forever. Bitcoin is here since 2009. Eth became famous in last month and it is going to lose its fame even faster than this.
Eth is a bank coin created for Banks. Bitcoin is against banks.
If you want to stay as a slave, go fund eth/jp morgan with your hard earned money.
perfectly said mate, bitcoin is there for almost 10 years now and the popularity already been build so eth is in his prime but after another coin got introduce people attention will be attracted and support new project and eth will be forgotten but bitcoin will still there and will still be use for more crypto people. And the steam engine was there for so many years, nothing could replace that... Oh yes! You guys are funny and without a pint of imagination. You don't get it. If bitcoin loses its position as the most trusted coin, it will a crypto circus. Nobody will take any crypto seriously again. People invest in bitcoin for long term gains. If they see that their online-gold can fail so easily once, nobody will make long term investments in any crypto ever again. Everything will become a pump and dump freak show. crypto isnt failing if btc is not number 1. Cryto fails if the protocol can be hacked people wathing thier online gold "fail" had plenty of time to get out and make larger profits. Eg buy ETH. Alts force you to diversify.
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it is like a cult of BTC , not even acknowledging that eth exists make me laugh. ETH could take over btc, whilst btc has been fannying around, eth has taken its market share and holding it.
i think eth is being used as a hedge against bitcoin uncertainty. interesting this is the first major eth rise without btc rising as well.
the btc old guard have been calling eth a bubble for months, whilst eth has built massive foundations for its future.
BTC will always have a place, but maybe not as no.1
i know i know you nailed it....there some sort cultish evry alt = scam coin and they can't wrap their mind around their being genuine use case for alts ... and that btc will stagnate and dwindle without dev implemented. LTC activated segwit did the world end for LTC LTC has effectively larger block aize even without segwit, 4x....going fine there mr core! what more do u want?
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Just want to put this out there on the record.
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RSK offers a much better smart contract solution than Vitaliks version and they will eat a lot of market share from ETH.
ETH will never be number 1, nothing can compete with Bitcoins Blockchain.
even if it was does it have the market effect and place. See BTC tech was way outdated versus other coins but the infrastructure around takes time to build, so no alt really stood much of chance. Eth however has a lot of infrastructure around it now, eg most exchanges that does not offer ETH/BTC or ETH Pairs.... BTC just needed to show even a flicker of dev that could be implemented, but it could not even do this. So why continue with it said the market? and this is with the DOA issue.
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Whats the difference between ARK and LSK?
its seems as far as I can make out
some crpti devs and forked to lsk, crypti shut down.
Lst achieved XMillion ICO
Some lsk devs went to ark, ark failed to meat 1M ICO but pushed ahead anyhow.
so what the low down here
I mean I guess the devs left for $$$ by ICO and getting large founding stakes....
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so how does waves deal with a massive blockchain/ data storage of ever epxanding tokens?
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very possible. i would not class it as a bitcoin replacement though. the only thing it's replacing is the number one spot.
if bitcoin started to wilt and ethereum ate the world i'd switch to a strategy of maximum fiat extraction and nothing else.
why you would be left behind, with your fiat as eth goes to the 1T.
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What's the real significance though when there are 5-6x more eth in circulation than btc? That's what I don't get.
yes so they have to be that multiple cheaper each and still same market cap so if you look to volume of trade as well afew other metrics then you can say its taken over. It seems inevitable that ETH is going to keep ascending, I think the ERC20 token is the fuel thats pushing it as well as leadership. Once market can and volume achieved, then its down to use in trade and ubiquity. Almost every where you can exchange btc you can exchange eth now. That extra dimension of tokens has unfurled itself into a winrar. plus actual dev being implemented I know I am repeating myself, but apparently the segwit and bu crowd are not listening. there will be a bit up up and down, between the two, then a clear winner will emerge. I wonder how all the "ETH" scamcoin people feel now.... I feel they forgot to examine utility to the market and use case. I wonder how BU will feel with a bundle of paperweights ... that said .... an asics life cycle is not long.
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I will call that now eth is going to take the number 1 spot.
there are simply to many EC20 coins coming out, and to much good dev behind it that is actually being implemented.
In tech the first market leader is usually replaced, in BTC is could be different becuase it could have adtted anything good, of even implemented the devd just little bit.
I feel that one if flips, people will be scratching their heads as to the residual use case for BTC, I mean why would it be better than LTC?
again as I oft say recently thank you BU+Segwit, than you.
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when it goes > $10K alot of people are going to ask.
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Well, i dont think it should be seen that way. Coz not all people using bitcoins are really into it just for the purpose of profit. Many use it just to make their lives easier. Or they just love the technology. ...
2012 called, it wants its memes back. Bitcoin is no longer new and what's more, it became very impractical to use (slow and expensive), so it hardly makes anything easier for anyone. In the current shape, Bitcoin is only good for speculative holding, so either for profit or at least as store of value. This will have to change, one way or another, or it will get replaced. btc's real utility atm is a store of value, settlement layer and trading pair. ETH could take this though. Perhaps theres room for both
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Found this guy on youtube and think he's brilliant. Really puts things into perspective and calms any anxiety's regarding 'bubble' talk. Also, he reinforces much of what Clif High has stated about cryptos not being in a bubble. Starts talking crypto at 8:25https://www.youtube.com/watch?v=gucldeyRYJ0Buying every fucking dip from now on. Always stay in the game.yeah the problem is how do you know its just a dip....don't get me wrong, I believe in crypto, but is there a 1/100 chance ETH or something else will "bagorize" BTC holders...... I mean BU+Segwit are trying pretty hard and well to do that. (ps bagorize is a new term I have just made up)
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I will hold it until I can easily buy coffee at Starbucks for a few satoshi
at that point the fees would cost you um i dunno, a pretty nice car to go with your Car. Thank you BU + segwit, Thank you.
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I wonder if, just wonder if the only way to stabilize the USD$ will be to make it worth, by law 100 Sat, though I am not sure how they will force the redemption, unless they buy up big.....
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Bitcoin itself as a protocol is essentially un~killable in a way nothing else has been before.
Will it die....well its hard to say who's done more damage
GOX/Karples Segwit vs BU PBOC
Amazingly I would have to say the ranking of damage to BTC value by a ranking system 100 Segwit vs BU 10 GOX/Karlples 1 PBOC in fact on reflection they may have helped a lot by shakeing out the market a bit and tightening things up in CNY.
So Segwit vs BU have inmho been by far the most damageing to BTC value, and could yet kill it.
Don't believe me, we ETH has around 1/2 the value of BTC, which must be such an irritant to all the BTCr's and co who were scam coin on eth.
ETH could go another 2~10 times fairly easily, it has dev and will adopt dev to address issues via VB who will Shepard the ETH for long enough to get around the issues.
So many tokens are being releases some will work, big time.
So ETH could become the defacto digital gold. ETH has been smart by publicly down playing that while privately knowing it will be the defacto result or their strategy anyway.
The only thing that could upset eth, is if LISK gets out its SDK, and VM and devs increasingly go to lisk because they know javascript.
Meanwhile Segwit and BU jump up an down on the BTC crown as hard and often as possible.
I have never, ever seen such a clear and clean example of two irrational parties that unfortunately say as a race we suck.
A plague on both their houses.
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No, it will probably not go down, even if it dips down a little, it will never reach $1500. $2000 could be your best hope. If you watch the charts closely, you will know that bitcoin is rising steadily, and gets small corrections along the way.
it could easily flash crash to 1500, that said since this is shake 100 + n you have to wonder who exactly is left to be shaken out ... I mean how many time would anyone holding any siginificant amount of BTC have already sold out if they were going to .... there are I feel less and less of those people left standing. Any one that held to sell form the 2013 high could have sold out by now at reasonable profit.
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how is waves related to ardor in terms of functionality code base, algos and devs....?
The code base isn't the same. Idk for the algos and devs. But what I know is that LPoS is a Waves exclusivity atm. it seems they both have some sort of relationship to nxt?
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how is waves related to ardor in terms of functionality code base, algos and devs....?
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depends on your time frame 1 year horizon hmmm maybe not, you could lose a lot on a dump and pull out.
5 year horizon...now is a good time
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