Coinbase now supports Etherium; Is this a threat to Bitcoin dominance

[BTCBinary]

I don't think that Ethereum will ever be a bitcoin killer. There is lot's of space for the two and many more coins to coexist. However, it is possible that bitcoin will continue to be the dominant coin for a lot of time

[JeffBrad12]

I just saw that they have included a eth wallet now and you can even buy it from them.
I think that means it is was not just a phase for it to make it's appearance known but it is now here to stay.

but they just made a new or adding a new features in their place, they know the ETH is having a good prospect in the future, after bitcoin they just wanna to earn profit for ETH, i never think this is will become a threat for bitcoin

[Kotone]

Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".

I was just wondering whether this could be a threat to Bitcoin dominance. Your views

Nope, Bitcoin is much bigger than Ethereum, even though ETH is now rising, Bitcoin is still the Number one. Coinbase just want to make a wallet for Ethereum because that's the top 2 cryptocurrency. You don't need to panic. If you will see the price of Bitcoin into Ethereum, Bitcoin is much expensive than Ethereum. So in that case, they are only supporting Ethereum because that's number 2 on the Top List and not to remove Bitcoin in our society.

[Lionidas]

I just saw that they have included a eth wallet now and you can even buy it from them.
I think that means it is was not just a phase for it to make it's appearance known but it is now here to stay.

but they just made a new or adding a new features in their place, they know the ETH is having a good prospect in the future, after bitcoin they just wanna to earn profit for ETH, i never think this is will become a threat for bitcoin

Not a threat but a good rival 
It is inching closing everyday alittle bit higher. It is surpassing some very old alts right now.

[PuraPuraBego]

This be good features for coinbase. i just looking there like for wallet, nothing special i guess. And for ETH-coin it's still high risk cause i see ETH-coin price unstable.

[avikz]

The fanbase of ETH is constantly growing. So what coinbase has done is for their own business. It will help them to tap the ETH business as well. But I don't see any threat to the bitcoin for that. ETH is doing good among other crypto currencies but bitcoin still has the highest market cap.

people may like ETH, but when it comes to investment, the majority is going to bitcoin only. As of now, I see no threat to bitcoin.

[yenxz]

It is an extra service from Coinbase , I guess it was not a threat to bitcoin for bitcoin has a value of its own , people
who knew bitcoin worldwide use bitcoin majorly to the transaction . Perumbuhan and then there is always a demand for bitcoin . Maybe.

[romero121]

Based upon the addition of an altcoin, we can't just say that Coinbase is supporting eth. Bitcoin as a investment and earning source have got more and more popularity compared to other digital currencies. So service addition of websites never act as a threat to bitcoin

[entrepmind23]

Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".

I was just wondering whether this could be a threat to Bitcoin dominance. Your views

I don’t think this will be a threat to bitcoin dominance for now. Ethereum is just starting to make a name in the crypto world so for now, it’s not a threat. Its price is still unstable just like bitcoin when it started. Bitcoin is the one accepted for online payments and widely used. May be when the price of ethereum will go up and then some mainstream news will make a review with it then maybe it can attract some investors making its demand more high then the price of it will go up. People are careful in investing due to the fact that digital currency is new and they don’t want to risk their hard-earned money in something that they can’t clearly view the future yet. The ones that will invest on it are the risk takers.

[davis196]

Coinbase have announced that they have started supporting Ethereum on their system, this is an excerpt from their Coinbase bloq 'We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “Trade” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps".

I was just wondering whether this could be a threat to Bitcoin dominance. Your views

I wouldn`t say that this is a threat for bitcoin.

Coinbase ,like every company, wants to grow and gain more customers.

I think that it`s normal for them to expand further in the altcoin currency markets.

[darklus123]

dominant is bitcoin no doubt it i guess it would always be bitcoin because most of us as we all know started with bitcoin and still uses this in all or if not most of it in our transaction

[Wendigo]

The addition of Ethereum support by Coinbase doesn't matter much because Ethereum will remain just an alt coin in the shadow of Bitcoin. If there are more online retailers accepting Ethereum I might change my opinion but as of right now I don't care about it as I am not a basement GPU miner.
Other than being fairly easy to mine, Ethereum doesn't hold any advantages over Bitcoin. And Vitalik Buterin already did his pump and dump scheme. At least Satoshi hasn't cashed out his stash yet 

[Snorek]

Heavily pre-mined (80%-ish currently), endlessly inflationary, 'cryptocurrency' which doesn't even provide ledger immutability...

Well said. But ETH has huge legal support, it is backed by well known group of developers with Vitalik on top.
ETH developers act like gods and in case of problems they shield community from problems that plague their ecosystem (recent hard fork created to mitigate The DAO hack).
This situation might be appealing for some people who want to be guided and believe in strong leadership despite obvious ETH flaws.

[Lionidas]

The addition of Ethereum support by Coinbase doesn't matter much because Ethereum will remain just an alt coin in the shadow of Bitcoin. If there are more online retailers accepting Ethereum I might change my opinion but as of right now I don't care about it as I am not a basement GPU miner.

Are there any that accept it for purchases made thru them?

[gentlemand]

Eth has assumed ltc place and is currently the silver crypto,

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?

[isvicre]

Eth has assumed ltc place and is currently the silver crypto,

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?

Probably the next 6 months.

Besides the silver to bitcoin is litecoin.

[RoommateAgreement]

Eth has assumed ltc place and is currently the silver crypto,

I find the use of the word 'currently' rather telling. Silver will always be silver. Who knows what the next jumble of code will be that gives pumpers a boner?

Probably the next 6 months.

Besides the silver to bitcoin is litecoin.

i agree, the second place is always going to be litecoin and it doesn't matter what coin "temporarity" creates some hype because of the pump and dump and goes above it, litecoin is still huge because it could survive this long and still being developed

[gentlemand]

Why is it Bitcoin's silver? I'm not dissing it. I wish Bitcoin functioned more like it. But I find it more likely that the long term runner up would be a radically different proposition, not a clone with some nifty tweaks.

[Snorek]

Why is it Bitcoin's silver? I'm not dissing it. I wish Bitcoin functioned more like it. But I find it more likely that the long term runner up would be a radically different proposition, not a clone with some nifty tweaks.

Well, it is basically due to sudden rise to power. People are evaluating potential of altcoin by nothing but their current market cap.
And Ethereum is and probably will be number 2 right after BTC. Ethereum reached already 1/10 of bitcoin's market cap.
We might be worried that heavy centralized and controlled coins might perform better than fully transparent and decentralized, but 'drifting' coins like LTC.

[RoommateAgreement]

Why is it Bitcoin's silver? I'm not dissing it. I wish Bitcoin functioned more like it. But I find it more likely that the long term runner up would be a radically different proposition, not a clone with some nifty tweaks.

i said this because litecoin has been around for a long time and despite being similar to bitcoin it has some differences too which sets it apart. and i agree that a runner up can be a complete different thing, but something like ethereum can never be the number 2 or even in the 10 top in long term in my opinion because it lacks certain attributes like decentralization or even a good developer.