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Author Topic: ETH not dead, Austria to Use Eth Public Blockchain to Issue billions in Gov bond  (Read 210 times)
DarkBullet
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September 30, 2018, 02:01:40 PM
 #21

Just as Bitcoin is the king, Ethereum is the queen (gives birth to altcoins) and it's the first wife, others are just "other wives".

I will give two thumbs up for this statement and I always believe that ETH will stay no matter what happen just like Bitcoin. These two will always play in the circle and will continue act as the strongest competitor of all cryptocurrencies. Ethereum processed thousands of transactions daily and their blockchain is very powerful. Millions of investors are desires to collect as many ethereum as possible and investing to this altcoin will be your brightest decision in the future. Once BTC multiply the price to 10, ETH will surely follow.
gerbas
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September 30, 2018, 02:03:53 PM
 #22

Read a news online via cointelegrah stating; "Austria’s government is set to use the Ethereum (ETH) public blockchain to issue €1.15 billion ($1.35 billion) of government bonds in an auction next week". This topic caption is as a respond to the numerous topic caption I saw on this board saying ethereum blockchain is dead and will be replaced by EOS and the rest Roll Eyes. And also I hope on restoring some hope to the long term hodlers.

Examples of those posts, just to quote a few.
biggest regret is having entered crypto mining. I will never ROI since the market is dead and ETH is dead aswell
The end of the line for ETH and DAO, another scamcoins dying.
they are not dead yet but they will both die one day because it is a flawed project from the base up.
I believe that ETH will die slowly and later because it is manipulated by the devs and the foundation and they have limitless money to throw at it.

Just to make it clear to you all, the ethereum blockchain is here to stay and will dominate the DAPP for a very long time. (if not forever). Just as Bitcoin is the king, Ethereum is the queen (gives birth to altcoins) and it's the first wife, others are just "other wives". The government believes in its technology that's why, Oesterreichische Kontrollbank (OeKB) — one of Austria’s biggest banks with $26 billion in assets in 2017 — will reportedly operate the live blockchain notarization service. During the auction, scheduled for October 2, the bank will issue the bonds on behalf of the Austrian Treasury (OeBFA) and it will be done using the ethereum blockchain technology.

Don't regret investing in ETH, the hype of those Dapp will die off surely, just as it happened to Neo others will follow. Lets not give up hope on eth, the team are developing the technology day in day out that's why we have different ERC tokens. with time ethereum blockchain will become perfect don't give up on it.

More details on auction: https://cointelegraph.com/news/austria-to-use-ethereum-public-blockchain-to-issue-135-bln-in-government-bonds
When that implementation has begun, it surely able to take ETH up again and it will ensure that the price or ETH will became more stable, cause the market flow will be even higher than today.
maaldaz
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September 30, 2018, 03:10:40 PM
 #23

That is indeed many kind of post saying that ETH will dead, or ETH will vanish.
But from what i can see on the marketcap, the transaction volume is still so much high compared to any other cryptocurrency.
That way indicating that ETH is still live and healthy.

CryptopreneurBrainboss (OP)
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September 30, 2018, 11:55:13 PM
 #24

Just as Bitcoin is the king, Ethereum is the queen (gives birth to altcoins) and it's the first wife, others are just "other wives".

I will give two thumbs up for this statement and I always believe that ETH will stay no matter what happen just like Bitcoin. These two will always play in the circle and will continue act as the strongest competitor of all cryptocurrencies.

If only we had the thumbs up (like) button Roll Eyes. oh yes both will always be used as a point of comparison because they're actually the real deal. Just as every modern day footballer is been compared with messi and cr7 that's how it's going to be in the cryptoworld. BTC and ETH Will always be the best and first that other altcoins will look up to and be compared to.

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