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Author Topic: Is it more wise to invest in Bitcoin or in Ethereum for the next 5 years?  (Read 3131 times)
ramsdaj28
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November 20, 2017, 10:58:52 AM
 #141

Is it more wise to invest in Bitcoin or in Ethereum for the next 5 years? What do you think an why?
I think, ethereum will be a wiser choice over bitcoin in terms of long term investment. Considering the price, ethereum is cheaper than bitcoin as of now. Putting that into perspective, you can buy more ethereum than bitcoin with the same amount of money. Second thing, bitcoin is very valuable now, and so as ethereum. Ethereum has dropped for a while this month, but I expect it to rise up in the coming years. In the span of 5 years, you can profit more in ethereum than bitcoin.
PseudoCode
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November 20, 2017, 12:15:17 PM
 #142

Dont you just love the way that most of the people advising Eth are based mainly on the *assumption that "It has more room to grow" 

ie. its cheaper to buy more of, so *if it eventually manages to deliver on some of its big-dream promises (other than being a great tool for scamming idiots with ICO's), then it *might climb in price a *bit.. 

but with an adjustable-emission-rate, and endless supply of Eth's (that can be easily changed too), and all sorts of other characteristics very different to BTC (many of Eths are undesire-able, but thats just my opinion) then I just cant see Eth *ever getting anywhere *near Btc.. so the whole "it has more room to grow" claim is bogus..

It has some interesting ideas, but the way they are going, If it survives, I suspect it will give "Duke Nukem Forever" a run for its money for longest-running-vaporware.
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November 20, 2017, 12:41:56 PM
Last edit: November 20, 2017, 01:52:31 PM by Torque
 #143

My advice: get the hell out of Ethereum.

It was pre-mined to death. Sleazy assholes control the vast lions share. They will sell their ETH into every rally for more BTC.

It has zero reason to exist other than to buy other ICO tokens, which are themselves scams.

It's #1 claim is smart contracts. Which is a solution looking for a problem that doesn't exist.

It will NEVER be used as an actual currency, as there is zero incentive for the public to buy it, and zero incentive for merchants to adopt it.

It's codebase is a buggy, messy, rube goldberg machine. It's attack surface is huge.

Buy Bitcoin, every year, at whatever price it is at. Long term it will provide a store of value for you, and give you a well-known and trusted cryptotocurrency that will be accepted everywhere by merchants all over the world.
BitcoinBunny
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November 20, 2017, 12:49:19 PM
 #144

My advice: get the hell out of Ethereum.

It was pre-mined to death. Sleazy assholes control the vast lions share.

It has zero reason to exist other than to buy other ICO tokens, which are themselves scams.

It's #1 claim is smart contracts. Which is a solution looking for a problem that doesn't exist.

It will NEVER be used as an actual currency, as there is zero incentive for the public to buy it, and zero incentive for merchants to adopt it.

It's codebase is a buggy, messy, rube goldberg machine. It's attack surface is huge.

Buy Bitcoin, every year, at whatever price it is at. Long term it will provide a store of value for you, and give you a well-known and trusted cryptotocurrency that will be accepted everywhere by merchants all over the world.

Interesting perspective.
I don't get the point of smart contracts so much. I can imagine paying a robot some mBTC to deliver groceries but a "smart contract" seems unnecessary for the entire human race to be involved in.

I'm also starting to come round to the "buy BTC at whatever price" indeed. As long as it keeps going up, the price you buy in at matters less.
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