What is ETH?

[SimmonenY]

   
What is ETH?

SCAM

Many people use ethereum platform as the basis of their project and will multiply in the future, how is it possible ethereum scam?

Yeah, many ICOs use ETH now.

[JNiks_ZLisa]

I think if you hold and got ethereum at this days then your in the network ofcourse,using its service will make you a user of it and became into the network it self

I think if you hold and got BITCOIN at this days then your in the network ofcourse,using its service will make you a user of it and became into the network it self

[xbiv2]

ETH have 49.77% annualy inflation
and fake market capitalisation  -> https://bitcointalk.org/index.php?topic=1962536.0
Want lost all you money?
but read please this http://www.investopedia.com/terms/p/ponzischeme.asp at 1st

About bitcoin: https://pastebin.com/ZUxTmR99

I think if you hold and got ethereum at this days then your in the network ofcourse,using its service will make you a user of it and became into the network it self

Download blockchain and make some smart contracts, it can help to undestud

[phr0stbyt3]

Eth is a altcoin who's price was 10$ earlier this year and it just got a increase to 370$. From the price point of view it also has a feature called smart contract which works more like a escrow and can be helpful in real world. Normally bitcoin payments are irreversible but using this you can assure the seller you have the funds and upon completion of work release the payment

[Rokk0]

ETH is similar to bitcoin you only own the currency which has a speculative value just like bitcoin (or for example gold). The high value of ETH however has more driving it than just being a currency which is in my opinion driven primarily by its token trade.

People need ETH to buy into ICOs and to pay for gas whenever they trade tokens. Buying in to ICOs is a one time thing per project (even though there are new projects all the time), but the transaction fees required for every trade is ongoing.

Bitcoin is indeed like gold because I can buy goods with it, ETH is just a lottery ticket and I can only buy other lottery tickets with it and unlike cheaper cryptos ETH lottery numbers are already drawn.

At least this is how I see it now.