The real death of Bitcoin...

[Redrose]

So you're saying us that we should forget about the decentralisation ? Then start another project and show us what you can do, "Mister the Chief" .

[helloeverybody]

Ethereum is an altcoin and as such should be in the altcoin section. I dont know why this has been posted here other than a shameful attempt at pumping eth. We dont need a replacement for bitcoin, we just need to fix what needs fixed. so many people will lose faith in cryptocurrency as a whole if we all have to jump ship onto a different coin everytime there's a problem.

[Minecache]

Can't we have both? Bitcoin for me never was a payment system and it clearly failed as that or it's failing if that was the intention. But as storage of wealth and commodity it has proven its value time and time again. It works and it's safe if you understand how it works (it's not that easy for a common person though). Hearn statement had many good points like it or not and we can start to see just how much the market is manipulated.

Now Ethereum is another monster, it's actually starting to get a lot of traction, with a potential so huge that puts other "altcoins" to complete shame because we all know we don't really need them. I think one of the biggest assets of Ethereum is that it is corporate friendly. I'm not talking about just its tech, but its name and image. Bitcoin will never go corporate or mainstream because it's tainted with so many scandals and black market activity, it's sad but true.

Ethereum on the other hand doesn't need to compete with Bitcoin in that way, and if more dapps are developed and companies start to adopt it, it's a matter of time that you can buy Ethereum with fiat and then the game is over...so I think it's wise to not miss this train if you see some potential, you don't need to put all your BTC on it, not even half, just what you can afford. Opportunities like this don't happen every day and the mainstream still didn't catch this but soon they will.

Well said. Personally I can see no valid reason why a person shouldn't drop a few dollars in ETH especially knowing what's happened to the price of BTC all these years. But hey each to their own.

[Mastsetad]

Not even on purpose, I just read this thread a few minutes ago...

bullshit, people forget that bitcoin was alive since the beginning when there was only satoshi experimenting with it

it's basically impossible to kill, no matter what you do at best you could depreciate its value

also ETH is not a competitor, the coin itself does not offer anything new against bitcoin, and the platform can be used with bitcoin too if they want to integrate it

Do you mean we can use the bitcoin on the Ethereum platform if bitcoin is integrated? Why do we need the Ethereum?

[MrGodMan]

Ethereum is an altcoin and as such should be in the altcoin section. I dont know why this has been posted here other than a shameful attempt at pumping eth. We dont need a replacement for bitcoin, we just need to fix what needs fixed. so many people will lose faith in cryptocurrency as a whole if we all have to jump ship onto a different coin everytime there's a problem.

Its a nice topic the real death of bitcoin but I think its promoting Ethereum in other way, well we will see in the future. Bitcoin is doing its best.

[blackbird307]

Again with the death of bitcoin? When will these psychological strategies end?

[BitHodler]

Ethereum is one to watch for sure and wise to hedge your bets with especially as many financial institutions are looking into facilities it. Look how fast Ethereum has grown in its short few months.

http://www.financemagnates.com/cryptocurrency/trading/ethereum-now-worth-more-than-ripple-and-litecoin-combined/

Has grown fast in a short time? The rapidly increased price of Ethereum is just a classic example of a pump & dump.

Look at what is left from the price after a period of six months. At least 50% lower.

[AgentofCoin]

...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

[SFR10]

In regards to BTCitcoin being changed as opposed to what it's now, Isn't since start, it was supposed to be how Satoshi it self wanted it to be from years to come and that's what dev's are doing? AFAIK nothing would change unless Satoshi itself comes out and decides to tweak it a bit unless I'm missing something.

[bargainbin]

In regards to BTCitcoin being changed as opposed to what it's now, Isn't since start, it was supposed to be how Satoshi it self wanted it to be from years to come and that's what dev's are doing? AFAIK nothing would change unless Satoshi itself comes out and decides to tweak it a bit unless I'm missing something.

You're missing a whole lot.
In this picture, different colors represent different Bitcoin nodes.

https://coin.dance/nodes
Different nodes are different because they have different rule sets.

The following picture illustrates the consensus mechanism for making changes to Bitcoin:

[kacak41]

Ethereum is an altcoin and as such should be in the altcoin section. I dont know why this has been posted here other than a shameful attempt at pumping eth. We dont need a replacement for bitcoin, we just need to fix what needs fixed. so many people will lose faith in cryptocurrency as a whole if we all have to jump ship onto a different coin everytime there's a problem.

Its a nice topic the real death of bitcoin but I think its promoting Ethereum in other way, well we will see in the future. Bitcoin is doing its best.

Yeah bitcoin is doing the best and at a moment and it will be far better in future, as it is expected that the price would reach the moon, so I don't think that bitcoin will die that soon.

[mtnsaa]

...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

[notaek]

Don't jiggle with your coins. Hoard them!

[AgentofCoin]

...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

Hope you didn't buy too many ETH at too high of a price.  
Everyone who trades altcoins knows this to be true.
Sorry you didn't get the memo.

Please provide me the link what the max Ether coin limit is and
also where the Ether Devs say that ETH is a speculative device.

[RodeoX]

Bitcoin is dead again? Yeah, OK.
I see nothing happening that is not exactly what was expected and consistent with the way the protocol is supposed to work. ETH I know nothing about other than, like all alt coins, it was created to address some perceived problem. I think ETH has no cap and so will eventually burn out. Like all almost every single alt. It is the beanie baby effect. They were valuable for a brief time. Then the producers made a million of them and sold them to suckers. That can't happen with bitcoin because fortunately we will never have a bitcoin CEO.

[mtnsaa]

...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

Hope you didn't buy too many ETH at too high of a price.  
Everyone who trades altcoins knows this to be true.
Sorry you didn't get the memo.

Please provide me the link what the max Ether coin limit is and
also where the Ether Devs say that ETH is a speculative device.

Don't worry I already did plenty of money, even if it goes back to 40-50-60s I will laugh all my way down like the Joker. You think 72 million is a infinite number? They add 10 more per year or something like that, look it up. The Bitcoin scarcity is a complete fallacy, it should already be 2 million dollar each if that was case but not one actually uses it, go ask around, it's a joke. Every sh*tcoin with 1 million coins would be worth more than Bitcoin then. It's great as a storage of value in the long term because it has proven to be safe and relatively stable over the years (except for 2013 bubble) but that's it.

Imagine what an ETH could be valued at if it actually gets adopted by companies and dapps are developed, the sky is the limit.

[iamthesky]

The real death  of bitcoin will occur when it will get replaced by some other innovative and strong crypto currency in future, or else it will never die.

[AgentofCoin]

...
Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.
...

Attention all noobs:

Ether does not have a limited coin cap like bitcoin (which has 21 million).
The Ether Devs have stated that they can and will release more ETH coins into the market if users hoard too many.
Thus, Ether is not a speculative commodity. It is only a token to power their contract-system.
You are investing in a token that is not designed to increase in value over time.

Buy some if you wish to participate in the current pump & dump rallies.
But it will not over take Bitcoin/bitcoin. That is against common sense.

My guess, second ETH dump incoming around February 25th or the 26th.

This should be in the Altcoins section, as well.

Complete BS, go FUD somewhere else. Plus it's a complete nonsense to think that because Bitcoin has a finite quantity it will only go up, look it up.

Hope you didn't buy too many ETH at too high of a price.  
Everyone who trades altcoins knows this to be true.
Sorry you didn't get the memo.

Please provide me the link what the max Ether coin limit is and
also where the Ether Devs say that ETH is a speculative device.

Don't worry I already did plenty of money, even if it goes back to 40-50-60s I will laugh all my way down like the Joker. You think 72 million is a infinite number? They add 10 more per year or something like that, look it up. The Bitcoin scarcity is a complete fallacy, it should already be 2 million dollar each if that was case but not one actually uses it, go ask around, it's a joke. Every sh*tcoin with 1 million coins would be worth more than Bitcoin then. It's great as a storage of value in the long term because it has proven to be safe and relatively stable over the years (except for 2013 bubble) but that's it.

Imagine what an ETH could be valued at if it actually gets adopted by companies and dapps are developed, the sky is the limit.

Bitcoin was created as a Cryto-Currency. That is what it is currently doing.
Bitcoin "scarcity" is based upon economics and the well established historical record of mining for "precious metals".
In theory, Bitcoin should act and react in the manner that it was designed to be, a "digital-gold".

Ether Devs have stated they will fix the price of ETH to a small steady price (well below $10)
so that their contracting system doesn't become too expensive for users and companies to use.
They stated they will continue to dump more coins into the market to prevent rapid price increases.
They stated that ETH is just a token and should not be seen as a speculative device.

Buyer beware.

[NUFCrichard]

The advantage of bitcoin being decentralized is that the 21million limit ist just that, a limit.  ETH might have advantages in that it is more malleable as it is centralized, but that comes with the disadvantages that they can change the entire direction of the currency as and when they choose.

Basically at the moment all crypto is valued based on trust.  Bitcoin has a value because it can't be heavily diluted, just as with PMs, ETH could be 'printed' like fiat is.  I think that the powers that be would prefer that ETH was successful and that Bitcoin dies, that's a good sign that Bitcoin is superior.

[Anddos]

Exactly, if there would be no limit on bitcoin, it would make it lose it's value. It's like gold.