ETH is good for BTC

[chesthing]

Totally agree!

I have recently read a nice post (can't find it anymore) where someone stated that Bitcoin is rather a digital value storage like Gold, while Ethereum is something like oil or gas. This is the best explanation I have read so far and I agree to this. As a result of this, both are actually no competitors, rather they cross-fertilize.

Lol. Oil and gas are used and actually needed by society, ETH is just a shitcoin that nobody outside of crypto gives a fuck about.

[densuj]

Ethereum is inovation for cryptos and not bitcoin only, there are some coins who made on platform ethereum.

[Enotche]

Honestly, I do not know, good for Ethereum Bitcoins or not. At its core, it's still different coins for different needs. Is that the dissemination of information about the Ethereum, promotes the spread of information about krptovalyute as a whole, and may be interested in people and Bitcoin including.

[xephireusMMX]

Totally agree!

I have recently read a nice post (can't find it anymore) where someone stated that Bitcoin is rather a digital value storage like Gold, while Ethereum is something like oil or gas. This is the best explanation I have read so far and I agree to this. As a result of this, both are actually no competitors, rather they cross-fertilize.

Lol. Oil and gas are used and actually needed by society, ETH is just a shitcoin that nobody outside of crypto gives a fuck about.

To be fair, bitcoin was more or less just a shitcoin that nobody outside crypto cared about.

[Denker]

Why is this discussed here in Bitcoin Discussion?
Imo this belongs to the altcoin section.Doesn't matter how hard op tried to create a topic about an alt with bitcoin in connection!
Eth is still way overhyped! And all that DAO, DAPP CRAP DOs Don'Ts bla bla bla is a hell of a scheme created by some vampires to suck all of crypto money they can from the dummies.

[n691309]

Honestly, I was quite scared for Bitcoin when ETH was doing well. Now I just see it as a way of helping people see how Bitcoin is better and making the price go up.

I was afraid too, because when ETH was going very well the bitcoin price crashed and i was afraid that the bitcoin traders are going to move to ethereum and leave bitcoin. But seems that it was not how i thought, but still ETH is having a good success especially this week when the price increased for about 10%

[coinpr0n]

I suppose ETH could've been even better for Bitcoin with some kinds of integrations or something instead of issuing a new token. At this point though it feels as if Ethereum has the network effect (or at least mindshare) for the smart contracts ecosystem. It's getting bigger everyday and it's starting to look like Bitcoin in relation to other altcoins when compared to other smart contracts projects. I personally have no investment in Ethereum so I don't mind either way.

[Rizky Aditya]

Honestly, I was quite scared for Bitcoin when ETH was doing well. Now I just see it as a way of helping people see how Bitcoin is better and making the price go up.

I was afraid too, because when ETH was going very well the bitcoin price crashed and i was afraid that the bitcoin traders are going to move to ethereum and leave bitcoin. But seems that it was not how i thought, but still ETH is having a good success especially this week when the price increased for about 10%

All my friends were telling me to switch to ethereum. So I bought a couple of them on yobit and had to sell them for a lower price than what I bought for. Once bitten twice shy as the saying goes.

[Minecache]

i would never invest in something that has a limitless supply (ETH).

i would never invest in a DAO where 99% of the people dont even know what DAO means. probably it is a great gamble - good luck  

Why I’ve Resigned as a Curator of the DAO

https://medium.com/@gavofyork/why-ive-resigned-as-a-curator-of-the-dao-238528fbd447#.yx9w9u7wl

You've never ever held savings in fiat? Yup of course you have so scratch the first limitless supply lie.

So you personally know and have analysed the intelligence of at least 99% of all DAO investors and asked them all what does DAO mean. Nope didn't think so.

[Minecache]

Honestly, I was quite scared for Bitcoin when ETH was doing well. Now I just see it as a way of helping people see how Bitcoin is better and making the price go up.

I was afraid too, because when ETH was going very well the bitcoin price crashed and i was afraid that the bitcoin traders are going to move to ethereum and leave bitcoin. But seems that it was not how i thought, but still ETH is having a good success especially this week when the price increased for about 10%

All my friends were telling me to switch to ethereum. So I bought a couple of them on yobit and had to sell them for a lower price than what I bought for. Once bitten twice shy as the saying goes.

Why were you forced to buy then sell them, most of all for a loss? Sounds like you're tarded.

[talkbitcoin]

ethereum has a developer with a very huge stash of coins who stop at nothing to dump his coins at the best opportunity.

how can this be good for anything!

[Gatotare]

I mine Ethereum with GPU, then I sell Ethereum to buy bitcoin and use bitcoin. So that will increase the value of bitcoin.

[MingLee]

I mine Ethereum with GPU, then I sell Ethereum to buy bitcoin and use bitcoin. So that will increase the value of bitcoin.

It kind of increases the value of Bitcoin, hypothetically speaking there is a net zero change to the value of Bitcoin through your transactions, assuming the perceived value of Bitcoin by everyone in your example is the same and everyone moves it in the same way.

You are increasing your personal value, don't get me wrong, but like 80% of people here, our transactions don't really mean much on the big picture and thus we don't really impact the value. If I was to liquidate the amount of Bitcoin I have tucked away, chances are I wouldn't change the value of  Bitcoin by more than a cent.

[BTCLovingDude]

i don't get why ethereum tries to stick itself with bitcoin all the time!

it is just an altcoin which is being pump and dumped, just try to enjoy the ride to the top and get out before it is late.

[RyanLiang]

I mine Ethereum instead of bitcoin is that my electricity price is too high. It is not profitable to mine the bitcoin directly.

[Barbut]

I think all alt coins are here to promote bitcoins. I believe there is enough place for any coin. First and most important thing is to not be scam coin, to be trustworthy and to have good team behind.

[Sark]

Please join hands around the campfire while we all sing Kumbaya!

And they lived happily ever after.

until one coin got suddenly raped and beaten to a bloody pulp in this zero sum game

[chesthing]

i don't get why ethereum tries to stick itself with bitcoin all the time!

it is just an altcoin which is being pump and dumped, just try to enjoy the ride to the top and get out before it is late.

It's seen it's top.

[exadex.org]

Yes, I also think that Ethereum is good for Bitcoin. I hope it will spread in the next months and years.

[chesthing]

Yes, I also think that Ethereum is good for Bitcoin. I hope it will spread in the next months and years.

Fuckin' spammer.