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LiberOptions (OP)
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May 21, 2016, 05:12:52 PM |
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I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.
What do you guys think? Should I hold some more?
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Yakamoto
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May 21, 2016, 05:20:18 PM |
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Momentum =/= surpassing another currency lol.
Litecoin was a big thing, worth more than ETH is worth now, and was the biggest contender for Bitcoin's position as the main crypto 2 years ago. Now, it's valued at a small fraction of what it used to be.
Ethereum has it's uses, but the value of it is being driven through 90% speculation, and has very little substance below that. It is valued because it is hyped by people and it actually has something new. If there wasn't the hype about the value, ETH would be valued at an amount that is considerably smaller than what it is at currently.
We'll see where it goes, but there is next to know way ETH will surpass Bitcoin. The recent increase in value were investors panic-switching because of the BTC drop.
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OmegaStarScream
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May 21, 2016, 05:35:39 PM |
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More than likely it won't , Ethereum price is indeed rising, however, It's without any valid reason while Bitcoin is rising because many users are coming daily (I don't think it's the case for Ethereum) , because more shops are using it daily (It's definitely not the case for Ethereum) and for the halving (not the case too) etc ...
Ethereum is based on pure Manipulation if ask me . I could be wrong, though !
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~Bitcoin~
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May 21, 2016, 06:01:19 PM |
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Ethereum price is only driven by speculation and over speculation over DAO tokens. Nobody clearly nows how those DAO tokens will be used in real life application. But people are buying and made it one of the largest croudfunded projects in the world which have attracted more investors pumping price of eth as DAO is based on eth smart contracts. But i don't think this price of eth will be same after week from now, when DAO token exchange will be live.
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MingLee
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May 21, 2016, 06:20:24 PM |
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Ethereum price is only driven by speculation and over speculation over DAO tokens. Nobody clearly nows how those DAO tokens will be used in real life application. But people are buying and made it one of the largest croudfunded projects in the world which have attracted more investors pumping price of eth as DAO is based on eth smart contracts. But i don't think this price of eth will be same after week from now, when DAO token exchange will be live.
ETH seems to have a new "point" system put in place every few months, it doesn't seem like there is much real substance with their systems now. It's always "this can be converted into this, this can be converted into this, and this is a reward for finding a way to convert this point into this other point system". Ethereum exists to be used for smart contracts, and not as a real, value-holding currency, like Bitcoin. it can have a high market cap, high value, whatever it wants, but it won't surpass Bitcoin (primarily) because it just wasn't the first, and biggest, cryptocurrency. |
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UngratefulTony
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May 21, 2016, 06:29:22 PM |
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It won't be easy, but if anyone can make it happen... it's Gregory Maxwell & Friends.
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MicroGuy
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May 21, 2016, 07:03:52 PM |
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I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.
What do you guys think? Should I hold some more?
We're going to see many currencies make ETH-like moves during the decade. I think the best investment opportunities will come from coins outside the scope of your question. If we look at the bitcoin block explorer, we can see the blockchain is severely overloaded. If this level of incompetency continues within the core development, I think there will be many coins surpassing it in the near future including Ethereum. ~~ |
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Quesdana
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May 21, 2016, 07:10:24 PM |
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Ethereum price is only driven by speculation and over speculation over DAO tokens. Nobody clearly nows how those DAO tokens will be used in real life application. But people are buying and made it one of the largest croudfunded projects in the world which have attracted more investors pumping price of eth as DAO is based on eth smart contracts. But i don't think this price of eth will be same after week from now, when DAO token exchange will be live.
The Ethereum team developed the smart contract systems properly so it is useful. I hope the Bitcoin based system can also be available. |
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2c0de
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May 21, 2016, 07:16:54 PM |
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The use of Ethereum for smart contracts is amazing. Decentralized autonomous organization is a game-changer.
Overall, I give massive chance for Ethereum to take Bitcoin's throne.
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StealthCoin1
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Life failures Stealthcoin, Ark coin and Safemoon
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May 21, 2016, 07:17:18 PM
Last edit: May 21, 2016, 07:30:32 PM by StealthCoin1 |
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 the question is, will ethereum be surpassed by LISK??? |
Stealthcoin, Ark and Safemoon my life 3 investment failures while bashing Ethereum at 0.20cent. Bye bye
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stoat
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May 21, 2016, 09:33:33 PM |
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Bitcoins days are numbered, ethereum will overtake in 2017 or earlier
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jjacob
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May 22, 2016, 01:25:50 AM |
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Momentum =/= surpassing another currency lol.
Litecoin was a big thing, worth more than ETH is worth now, and was the biggest contender for Bitcoin's position as the main crypto 2 years ago. Now, it's valued at a small fraction of what it used to be.
Was litecoin ever valued at $1Bn? I don't think so... |
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TravelsAsia
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May 22, 2016, 02:22:01 AM |
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Momentum =/= surpassing another currency lol.
Litecoin was a big thing, worth more than ETH is worth now, and was the biggest contender for Bitcoin's position as the main crypto 2 years ago. Now, it's valued at a small fraction of what it used to be.
Was litecoin ever valued at $1Bn? I don't think so... Litecoin hit 1B. Regardless if your are a Bitcoin or Ethereum supporter, there should be some agreement that Litecoin is a worthless turd from the old days. |
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arseaboy
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May 22, 2016, 02:27:24 AM |
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Eth have his edge right now and all the new things that has been build with this coin generates huge impact but replacing Bitcoin I think will take more time as Bitcoin already established trust and all the known features already been established I don't agree eth can surpass Bitcoin in the long run
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robelneo
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May 22, 2016, 04:19:40 AM |
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I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.
What do you guys think? Should I hold some more?
Like what you post it's the momentum currency at this point of time but it's not yet time for it to overcome Bitcoin we'll first see what will happen after the halving then we can see if it is still a valid point to argue that etherium will overcome Bitcoin.. |
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cannabanana
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May 22, 2016, 04:22:00 AM |
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the question is, will ethereum be surpassed by LISK??? Ethereum is dead, All hail the new King. |
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aioc
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May 22, 2016, 04:35:42 AM |
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People are just assuming that because people are talking a lot about specific coin they are on the verge of surpassing what bitcoin has done you should first do a full and unbiased analysis  |
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jjacob
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May 22, 2016, 06:05:28 AM |
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Momentum =/= surpassing another currency lol.
Litecoin was a big thing, worth more than ETH is worth now, and was the biggest contender for Bitcoin's position as the main crypto 2 years ago. Now, it's valued at a small fraction of what it used to be.
Was litecoin ever valued at $1Bn? I don't think so... Litecoin hit 1B. Regardless if your are a Bitcoin or Ethereum supporter, there should be some agreement that Litecoin is a worthless turd from the old days. Aah... It did hit $1Bn sometime during the 2013 Dec bull run, when everything crypto related was going through the roof. http://coinmarketcap.com/currencies/litecoin/#charts |
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Redrose
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May 22, 2016, 06:19:11 AM |
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I consider that it would surpass it if it has more users than it or if it has a bigger price. That's indeed not the case. The price could be a past problem for a few hours when the mining will stop and the income of new coins will be a lot lower, but the userbase will never be surpassed, except in the case of The DAO attracting the mass-media attention.
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target
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May 22, 2016, 06:41:41 AM |
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More than likely it won't , Ethereum price is indeed rising, however, It's without any valid reason while Bitcoin is rising because many users are coming daily (I don't think it's the case for Ethereum) , because more shops are using it daily (It's definitely not the case for Ethereum) and for the halving (not the case too) etc ...
Ethereum is based on pure Manipulation if ask me . I could be wrong, though !
ETH may have to go all the troubles. but if these merchants experience to long wait of transaction confirmation and are introduce to other coin such as ETH, they will most likely use ETH as well. I consider that it would surpass it if it has more users than it or if it has a bigger price. That's indeed not the case. The price could be a past problem for a few hours when the mining will stop and the income of new coins will be a lot lower, but the userbase will never be surpassed, except in the case of The DAO attracting the mass-media attention.
DAO will definitely help the rise of ETH. |
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