Ethereum is the future of crypto, bitcoin is not.

[Kenid]

Ethereum is younger than bitcoin but ethereum is doing great right now. Its price looks good. But we cant say ethereum is greater than bitcoin. Bitcoin created if im not mistaken 2009? And tested by many years. Ethereum is just started at 2014. We'll see that when ethereum atleast at 5-7 years of operation.

Ethereum will not exist that long!
This coin was a scam from the beginning but with the bailout hardfork to save mostly whale investors and devs for financial desasters, because of investing into DAO, it became totally useless due to loss of immutability.
It's living because traders speculate with it.In a few this coin will have disappeared and it's dev team will probably pull another scam or just relaxing somewhere on the carribean beach and slurping mai-tais.

I do not think so. The Ethereum will survive until at least converting into PoS from PoW. But I am not sure if it will survive after.

If the Ethereum continue to PoW for the next few years, also combine the PoS, then it might be a popular coins for many people.

If it combines the PoW and PoS, it will attract both miners and stakers. But it might have the problem of both PoW and PoS.

Isn't the strength of Ethereum good for crypto as a whole and a compliment to each other?  It seems that the crypto ecosystem should be more than just about speculative investment.  It should be about the furthering the capability of technology and finance to be more secure and more universal.  AOL & Yahoo probably scoffed at Larry and Sergey in the beginning, but all Google did was enhance the ecosystem of the net, creating efficiencies and building new technologies.   No different here.

That is right. That is the reason that I mine and also buy some Ethereum. I think Ethereum is good for the whole crypto world.

[1714525769]

1714525769

[Reid]

ETH will allow $2T of underground economy to become more structured (and possibly less underground) through DAOs.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/23/americas-2-trillion-shadow-economy-is-the-recessions-big-winner/

If it captures 1% of that $2T, it is equivalent to $20B, which would put ETH somewhere around $150. Those who sell for $2 will shit bricks, eat sand and may even commit suicide in the years to come. If it captures 10% of that ETH will be $1500. I know it sounds crazy, but so did the Internet in 1995.

Once it's launched their main focus will be on scalability, which I think is the real reason crypto is not ready for mainstream. Once they can handle 100K TPS (and I'm sure they will), it's game over.

How can we really trust this? I bet this is one of the supporters of ETH or maybe more one of the closest fo the developers. I love how ETH rised but still in comparison with bitcoin it will be a long shot.

[Minecache]

You mean Ethereum Classic right?

Probably not, ETC is a sinking ship no future whatsoever.

It's a stinking sinking ship indeed however the ETC criminal coin has served its purpose. It allowed the DAO attacker to pocket the money of all the Spoetniktards who supported the criminal chain. Soon back to where it belongs, $0.00. Allah willing. 

[Unilevear]

You mean Ethereum Classic right?

Probably not, ETC is a sinking ship no future whatsoever.

It's a stinking sinking ship indeed however the ETC criminal coin has served its purpose. It allowed the DAO attacker to pocket the money of all the Spoetniktards who supported the criminal chain. Soon back to where it belongs, $0.00. Allah willing. 

If the ETC big whales dump the ETC in the future and the DAO hacker also dump, then the price will go lower.

[Beparanf]

You mean Ethereum Classic right?

Probably not, ETC is a sinking ship no future whatsoever.

It's a stinking sinking ship indeed however the ETC criminal coin has served its purpose. It allowed the DAO attacker to pocket the money of all the Spoetniktards who supported the criminal chain. Soon back to where it belongs, $0.00. Allah willing. 

If the ETC big whales dump the ETC in the future and the DAO hacker also dump, then the price will go lower.

From the current price and volume observation, it seems there is no big dump of the ETC for the last few days.

[noormcs5]

I don't think that Ethereum is a future crypto currency, Now still bitcoin is a first and most popular crypto currency than others, Also we accept it now a lot of people don't know about bitcoin but in that all situation bitcoin is still better than Ethereum.

[Esenhowell]

I don't think that Ethereum is a future crypto currency, Now still bitcoin is a first and most popular crypto currency than others, Also we accept it now a lot of people don't know about bitcoin but in that all situation bitcoin is still better than Ethereum.

It depends on the further development of the bitcoin and the Etheruem. If one of them has more support, it will be the number one coin.

[drawingthesun]

Ethereum is the future of crypto, bitcoin is not.

You know, it's possible that both are apart of the future of crypto?

Both coins have a massive amount of work being done and ideas being pushed around, I see innovation with both coins happening every week.

Due to the nature of crypto and especially with the big coins, BTC and ETH, the coins attract development just because of peoples investment in them.

In a way the high values for BTC and ETH secure countless hours of work from developers and experts all over the world, it really is a synergy of money and intelligence.

With so much to lose with either chain falling behind, it's unlikely we'll see the number one spot taken, but at this point I also cannot see the number two spot being taken either.

For sure, these two coins are here to stay.

Good targets to aim for anyway with new coins. It shows that to target the top you need to go really far.

[drawingthesun]

You mean Ethereum Classic right?

Nope, not at all.

[Intersan]

Ethereum is the future of crypto, bitcoin is not.

You know, it's possible that both are apart of the future of crypto?

Both coins have a massive amount of work being done and ideas being pushed around, I see innovation with both coins happening every week.

Due to the nature of crypto and especially with the big coins, BTC and ETH, the coins attract development just because of peoples investment in them.

In a way the high values for BTC and ETH secure countless hours of work from developers and experts all over the world, it really is a synergy of money and intelligence.

With so much to lose with either chain falling behind, it's unlikely we'll see the number one spot taken, but at this point I also cannot see the number two spot being taken either.

For sure, these two coins are here to stay.

Good targets to aim for anyway with new coins. It shows that to target the top you need to go really far.

They are two different coins for different usage. Bitcoin is a currency while the Ethereum is a fuel for smart contracts.

[dinofelis]

They are two different coins for different usage. Bitcoin is a currency while the Ethereum is a fuel for smart contracts.

Well, if ethereum is fuel for smart contracts, then for sure people are storing a lot of fuel in their wallets   They must be planning on using a lot of smart contracts.  They are absolutely not thinking of the monetary value of ethereum, they are just scared they might run out of fuel 
Careful with lighters with so much fuel around...

[Unilevear]

They are two different coins for different usage. Bitcoin is a currency while the Ethereum is a fuel for smart contracts.

Well, if ethereum is fuel for smart contracts, then for sure people are storing a lot of fuel in their wallets   They must be planning on using a lot of smart contracts.  They are absolutely not thinking of the monetary value of ethereum, they are just scared they might run out of fuel 
Careful with lighters with so much fuel around...

The Ethereum could just be a kind of token. That can be used as a currency. Ciggrett is used as currency in prisons.

[dinofelis]

The Ethereum could just be a kind of token. That can be used as a currency. Ciggrett is used as currency in prisons.

Absolutely, ethereum can play the role of a new litecoin.  Actually, that is what it currently mainly is: just another better's token on exchanges.  The "smart contract fuel" thing seems to be a far souvenir of the old days - this was what I was pointing at tongue in cheek.

Ethereum is then as much "smart contract gas" as bitcoin is "currency": not.  Essentially betting tokens on exchanges, and the "crypto tech" behind it doesn't matter much.  In fact, ethereum is somewhat better as currency than bitcoin, because it is faster.  But Litecoin is so too.

[Beparanf]

The Ethereum could just be a kind of token. That can be used as a currency. Ciggrett is used as currency in prisons.

Absolutely, ethereum can play the role of a new litecoin.  Actually, that is what it currently mainly is: just another better's token on exchanges.  The "smart contract fuel" thing seems to be a far souvenir of the old days - this was what I was pointing at tongue in cheek.

Ethereum is then as much "smart contract gas" as bitcoin is "currency": not.  Essentially betting tokens on exchanges, and the "crypto tech" behind it doesn't matter much.  In fact, ethereum is somewhat better as currency than bitcoin, because it is faster.  But Litecoin is so too.

The Etheruem can be both a currency and also a token or fuel for the smart contact. It has more functions.

[Monumental]

The Ethereum could just be a kind of token. That can be used as a currency. Ciggrett is used as currency in prisons.

Absolutely, ethereum can play the role of a new litecoin.  Actually, that is what it currently mainly is: just another better's token on exchanges.  The "smart contract fuel" thing seems to be a far souvenir of the old days - this was what I was pointing at tongue in cheek.

Ethereum is then as much "smart contract gas" as bitcoin is "currency": not.  Essentially betting tokens on exchanges, and the "crypto tech" behind it doesn't matter much.  In fact, ethereum is somewhat better as currency than bitcoin, because it is faster.  But Litecoin is so too.

The Ethereum is different from the litecoin. It is under constant development. Some big companies are using the Ethereum.

[freebitcoins4u]

bitcoin is slow, fees are only rising and not stable: once i sent 0.05 btc and it never went through and i didnt got my money back, it pretty much gone.

so i dont mind if eth will be the future.

[Intersan]

bitcoin is slow, fees are only rising and not stable: once i sent 0.05 btc and it never went through and i didnt got my money back, it pretty much gone.

so i dont mind if eth will be the future.

That is quite strange. If you pay too little fees to transmit the bitocn, and it does not go through, it should be returned.

[Ayers]

The Ethereum could just be a kind of token. That can be used as a currency. Ciggrett is used as currency in prisons.

Absolutely, ethereum can play the role of a new litecoin.  Actually, that is what it currently mainly is: just another better's token on exchanges.  The "smart contract fuel" thing seems to be a far souvenir of the old days - this was what I was pointing at tongue in cheek.

Ethereum is then as much "smart contract gas" as bitcoin is "currency": not.  Essentially betting tokens on exchanges, and the "crypto tech" behind it doesn't matter much.  In fact, ethereum is somewhat better as currency than bitcoin, because it is faster.  But Litecoin is so too.

The Ethereum is different from the litecoin. It is under constant development. Some big companies are using the Ethereum.

litecoin also has a new feature about Confidential transactions, so it's also like ethc, costantly in progress and being updated it's not forgotten like many think, it's just a coin that do not need many update

[Esenhowell]

The Ethereum could just be a kind of token. That can be used as a currency. Ciggrett is used as currency in prisons.

Absolutely, ethereum can play the role of a new litecoin.  Actually, that is what it currently mainly is: just another better's token on exchanges.  The "smart contract fuel" thing seems to be a far souvenir of the old days - this was what I was pointing at tongue in cheek.

Ethereum is then as much "smart contract gas" as bitcoin is "currency": not.  Essentially betting tokens on exchanges, and the "crypto tech" behind it doesn't matter much.  In fact, ethereum is somewhat better as currency than bitcoin, because it is faster.  But Litecoin is so too.

The Ethereum is different from the litecoin. It is under constant development. Some big companies are using the Ethereum.

litecoin also has a new feature about Confidential transactions, so it's also like ethc, costantly in progress and being updated it's not forgotten like many think, it's just a coin that do not need many update

The litecoin is too similar to the bitcoin. It does not have new features apart from the 2.5 min block time.

[kiklo]

Eth is just an overly bloated Blockchain
http://cryptomining-blog.com/tag/ethereum-blockchain-size/
~30Gb on 26th, Jul 2016

Litecoin
Blockchain Size
(Litecoin database size) 6.86 GB
https://bitinfocharts.com/litecoin/

I was looking at Poloniec margin lending feature and i have a wild thought:

Is it possible to lend bitcoins at Poloniex and use Eth contract to enforce poloniex to return the loaned bitcoins automatically to my bitcoin address 30 days later?

Considering all of the problems with DAO, I sincerely doubt Poloniex would be stupid enough to use Eth for anything related to the transfer of coins on their system.
It would be like a death wish.

Eth is good for only 1 thing driving the price of hard drives higher with all of Eth wasted bloated storage space sucking requirements.  
Buy Stock in Western Digital & Seagate to make money off of ETH.


 

FYI:
You do know Eth has Zero Legal Standing as an enforceable legal contract.  

That might change. For example, the DAO hacker got the ETC from the stolen DAO due to a smart contract.

LOL, ,  not anytime soon.

https://bitcoinmagazine.com/articles/a-lawyer-s-perspective-can-smart-contracts-exist-outside-the-legal-structure-1468263134

"Smart contracts" seem to be the buzzwords that are gaining increasing traction in the digital market.
It is a sound enough idea, a contract that will rewrite itself according to commercial circumstances surrounding it
by using a complex series of rules embedded in its coding.

The ideas behind it are equally as sound theoretically.
Less input from the contracting parties means that smart contracts will come into being quicker and,
therefore, allow for transactions to be raised and completed more quickly.
Also, the fact that smart contracts require less input from both the parties involved and their lawyers,
will make commerce more fluid and more cost-effective both in terms of time and legal fees.

The only potential problem is that once you get past the theory and examine the practical with a legal eye,
you start to see that it is actually difficult to consider a smart contract as either smart or a contract and
that it is probably more accurate to drop the term smart contract; instead, referring to them as automated computer code.

Also, code works on linear decision-making and probability, but more often than not,
finding the right answer to settle a particular contractual nuance is a much more lateral process
and requires a level of creativity and flexibility that can come only from real-life experience.
To inject that depth of practical experience into code is, I would suggest, a nigh on impossible task.

This takes us on to another potential failing: If things turn sour between the contracted parties, who is there to sort things out?
There is a common myth that a smart contract cannot be litigated, but I would disagree.
As long as the heads of terms that sit behind the contracts are clear – and have clearly been accepted by the parties – there is scope to litigate
if the code is deemed not to be fit for purpose or has affected the transactions it is meant to support and/or the payments associated with those transactions.

This is, however, where things could get more complicated.  
As there is currently no international internet law,
the original contract would have to set out the jurisdictions of the parties and which country’s law the contract is reliant upon.
Again, these aren’t decisions that code can make, so these definitions and agreements would have to be made by people, quite possibly with specialist legal advice.  

And that is why I don’t believe that smart contracts in their current form can be considered smart or contracts.
As I said earlier, I don’t want this to come across as just another defensive letter of self-preservation from a lawyer in fear of losing fees.
As an experienced litigator who has fought for years to ensure my clients always get the best possible protection from their commercial contracts,
it concerns me is that an idea or even just a buzzword could lead numerous businesses into difficult and potentially very costly situations
just because they had bought into the next big thing.

 

FYI:
More Accurate
Smart Contracts = Suckers Hype

Without 3rd party verification of IDs , Age requirements, Mental Stability Guidelines, consent to the local laws of whichever government they are in,
You are looking at a hard fork every time a judge rules a contract was invalid.