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Author Topic: ETH is good for BTC  (Read 2278 times)
jak1
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May 15, 2016, 03:41:04 AM
 #41

I've read quite a couple of Ethereum news posts from when it used to be $1.  If the price of Ether keeps rising, we may even break even earlier and make much more profit. Worth a shot but for me; i'll watch behind the scenes observing its rise.
xephireusMMX
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May 19, 2016, 07:44:31 PM
 #42

I'm not sure it is good for btc from a price perspective if eth keeps rising and gaining traction. It must be making big btc holders sweat just a little. If eth reaches a high enough price point to trigger a capitulation where everyone starts panic buying eth and dumping btc, that's not exactly good news for btc.

Let's hope btc remains solid as it did in the past.

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Gatotare
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May 28, 2016, 07:17:26 PM
 #43

There is limited amount of money in the crypto currency. So for every new coin, it will dilute the funds into bitcoin.
RyanLiang
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June 14, 2016, 10:30:22 AM
 #44

There is limited amount of money in the crypto currency. So for every new coin, it will dilute the funds into bitcoin.

Most of the new coins are scams or of little usage. They will die and the money  will flow back to bitcoin again.
Gatotare
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June 28, 2016, 07:40:32 AM
 #45

There is limited amount of money in the crypto currency. So for every new coin, it will dilute the funds into bitcoin.

Most of the new coins are scams or of little usage. They will die and the money  will flow back to bitcoin again.

The Ethereum is in some trouble at the moment. I hope it will recover from the recent crisis. It is quite unique coin.
RyanLiang
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July 12, 2016, 04:54:22 PM
 #46

There is limited amount of money in the crypto currency. So for every new coin, it will dilute the funds into bitcoin.

Most of the new coins are scams or of little usage. They will die and the money  will flow back to bitcoin again.

The Ethereum is in some trouble at the moment. I hope it will recover from the recent crisis. It is quite unique coin.

Many people mine the Ethereum and sell it for the bitcoin. If its price drops too much, they will get less bitcoin.
Gatotare
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July 26, 2016, 07:09:28 PM
 #47

There is limited amount of money in the crypto currency. So for every new coin, it will dilute the funds into bitcoin.

Most of the new coins are scams or of little usage. They will die and the money  will flow back to bitcoin again.

The Ethereum is in some trouble at the moment. I hope it will recover from the recent crisis. It is quite unique coin.

Many people mine the Ethereum and sell it for the bitcoin. If its price drops too much, they will get less bitcoin.

At the moment, the volume of the Ethereum and its Class version is very large. It seems people are selling bitcoin to get those.
RyanLiang
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August 09, 2016, 03:29:33 PM
 #48

There is limited amount of money in the crypto currency. So for every new coin, it will dilute the funds into bitcoin.

Most of the new coins are scams or of little usage. They will die and the money  will flow back to bitcoin again.

The Ethereum is in some trouble at the moment. I hope it will recover from the recent crisis. It is quite unique coin.

Many people mine the Ethereum and sell it for the bitcoin. If its price drops too much, they will get less bitcoin.

At the moment, the volume of the Ethereum and its Class version is very large. It seems people are selling bitcoin to get those.

The volume of the ETC and ETH has reduced in the last few days. The combined volume is just 40,000 now.
manselr
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August 09, 2016, 03:32:32 PM
 #49


While Ethereum has been seen as a competitor to BTC, the DAO crowd sale is about to reach its first price increment and it has already raised 65M USD. The USD price of ETH and BTC have both risen. This shows that there in not a predatory relationship occurring but rather a symbiotic one. The two serve diverse enough needs that they can grow by offering enough of what the other cant. I know the DAO is still a concept and could easily fail. So was BTC when it was first proposed and despite all the skepticism it succeeded. The DAO is a valid objective. What BTC offers is the most accessible and secure network. I hope more energy is focused on how the two ecosystems can evolve symbiotically and ignore the wasted energy of predation while there is a world of fiat to colonize. 

The difference between BTC and ETH is that BTC did never fork over money being stolen, so now thanks to ETH we know we never have to put money on that thing if we want an immutable, stable chain that is not prone to hard forks all the time.
Gatotare
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August 26, 2016, 08:06:11 AM
 #50


While Ethereum has been seen as a competitor to BTC, the DAO crowd sale is about to reach its first price increment and it has already raised 65M USD. The USD price of ETH and BTC have both risen. This shows that there in not a predatory relationship occurring but rather a symbiotic one. The two serve diverse enough needs that they can grow by offering enough of what the other cant. I know the DAO is still a concept and could easily fail. So was BTC when it was first proposed and despite all the skepticism it succeeded. The DAO is a valid objective. What BTC offers is the most accessible and secure network. I hope more energy is focused on how the two ecosystems can evolve symbiotically and ignore the wasted energy of predation while there is a world of fiat to colonize. 

The difference between BTC and ETH is that BTC did never fork over money being stolen, so now thanks to ETH we know we never have to put money on that thing if we want an immutable, stable chain that is not prone to hard forks all the time.

I think differently. If the ETH hard fork because the money is stolen, I will think that my funds is safe in ETH.
RyanLiang
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August 27, 2016, 10:32:38 AM
 #51


While Ethereum has been seen as a competitor to BTC, the DAO crowd sale is about to reach its first price increment and it has already raised 65M USD. The USD price of ETH and BTC have both risen. This shows that there in not a predatory relationship occurring but rather a symbiotic one. The two serve diverse enough needs that they can grow by offering enough of what the other cant. I know the DAO is still a concept and could easily fail. So was BTC when it was first proposed and despite all the skepticism it succeeded. The DAO is a valid objective. What BTC offers is the most accessible and secure network. I hope more energy is focused on how the two ecosystems can evolve symbiotically and ignore the wasted energy of predation while there is a world of fiat to colonize. 

The difference between BTC and ETH is that BTC did never fork over money being stolen, so now thanks to ETH we know we never have to put money on that thing if we want an immutable, stable chain that is not prone to hard forks all the time.

I think differently. If the ETH hard fork because the money is stolen, I will think that my funds is safe in ETH.

That is right. But in the future, the ETH will become PoS. It is more difficult to do this kind of hard fork in the future.
Jamada
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August 27, 2016, 04:27:43 PM
 #52


While Ethereum has been seen as a competitor to BTC, the DAO crowd sale is about to reach its first price increment and it has already raised 65M USD. The USD price of ETH and BTC have both risen. This shows that there in not a predatory relationship occurring but rather a symbiotic one. The two serve diverse enough needs that they can grow by offering enough of what the other cant. I know the DAO is still a concept and could easily fail. So was BTC when it was first proposed and despite all the skepticism it succeeded. The DAO is a valid objective. What BTC offers is the most accessible and secure network. I hope more energy is focused on how the two ecosystems can evolve symbiotically and ignore the wasted energy of predation while there is a world of fiat to colonize. 

The difference between BTC and ETH is that BTC did never fork over money being stolen, so now thanks to ETH we know we never have to put money on that thing if we want an immutable, stable chain that is not prone to hard forks all the time.

I think differently. If the ETH hard fork because the money is stolen, I will think that my funds is safe in ETH.

That is right. But in the future, the ETH will become PoS. It is more difficult to do this kind of hard fork in the future.

After the PoS, there will be no controversial hardforks. Otherwise it will definately create more Ethereums.
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