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Author Topic: Monero over eth? WTF  (Read 1318 times)
jjacob
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December 01, 2016, 04:24:18 PM
 #21

It's really depressing that people still don't get that price comparisons between coins are meaningless without considering market cap.

actually it is depressing to see people still think market cap is a worthy comparison for altcoins! let me break it down for you. ETH has 86.5 million coins and only a small amount of it is available to public and the rest is controlled by the owners who manipulate it. and because of this huge available coins the market cap is "artificially grown"

the same thing goes for any other altcoin which has ridiculous amount of coins available to "artificially increase" their market cap.

the things to look at is neither market cap nor price. and if you want to compare you have to consider many factors at the same time a combination of price, volume, premine, daily volume and how it has changed, code, ...

Your arguments against market cap hold true for any asset. The only point being that liquidity in the crypto world is extremely low, compared to liquidity in other asset classes. Even Berkshire Hathaway has a market cap, although you won't be able to buy the whole company at that price.  Smiley


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December 01, 2016, 04:27:06 PM
 #22

Probally just because ether has been dropping lately and people have more confidence in monero now.
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December 01, 2016, 04:28:57 PM
 #23

Eth has definitely been hurting in value over the last month. We need to start seeing some useful services that use ETH in order for it to start gaining more value.
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December 01, 2016, 11:39:21 PM
 #24

actually for the number of investor eth is bigger than Monero, if there is no fork in eth, eth will be a great bitcoin sidekick because eth got so many support back in the day, but after the fork, the usage of the coin is drastically go down, while this year Monero seems like a rising star, i think in the future Monero can be more valuable than eth, if eth doesn't do anything to fix the reputation


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December 02, 2016, 03:09:18 AM
 #25

actually for the number of investor eth is bigger than Monero, if there is no fork in eth, eth will be a great bitcoin sidekick because eth got so many support back in the day, but after the fork, the usage of the coin is drastically go down, while this year Monero seems like a rising star, i think in the future Monero can be more valuable than eth, if eth doesn't do anything to fix the reputation
Most people will surely lost its trust when theres a bad past regarding to a coin because they could eventually say that security is not as strong as other coins.Just like what happened to ETH,i agree sicne back then that it has many supporters but unexpected incident do really happen and after that popularity decreases which is really bad but still they could able to handle and sustain even on lower prices.

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December 02, 2016, 06:26:29 AM
 #26

Eth has definitely been hurting in value over the last month. We need to start seeing some useful services that use ETH in order for it to start gaining more value.
It's meaning the dev can do that, But i don't think it will come in short time, Vitalik has a lot of agenda. He may start the another fork again.
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December 02, 2016, 06:46:40 AM
 #27

Eth is still in its early statge like bitcoin was when it started. Wait and you will se  which coin is worth more or less. Also Dont compare by Prices, comapre by marketcap.

           
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December 02, 2016, 07:00:01 AM
 #28

ETH was rushed to market and the DAO debacle didn't help it any. What it needs is a lightening in a bottle Dapp that will buoy it's sinking ship.


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