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Question: Will ETH coin come all the way back from the dead? And put a true hurt on BTC?  (Voting closed: August 21, 2016, 07:19:46 PM)
Yes - 7 (29.2%)
No - 9 (37.5%)
What is a true Hurt on BTC? - 5 (20.8%)
How the FFF would I know? - 3 (12.5%)
Total Voters: 24

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vapourminer
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what is this "brake pedal" you speak of?


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July 23, 2016, 05:18:08 PM
 #21

dao is cooked. definitely.

eth violated cryptos main reason: immutability. yes

but it is still unique and it MAY lead to things that no one has thought could be done.

we shall see
Cakinmate
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July 23, 2016, 05:35:16 PM
 #22

philipma1957, very good reasoning for the big companies to support the Ethereum. But Ethereum will be PoS next year.
philipma1957 (OP)
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July 23, 2016, 07:50:27 PM
Last edit: July 23, 2016, 08:09:11 PM by philipma1957
 #23

philipma1957, very good reasoning for the big companies to support the Ethereum. But Ethereum will be PoS next year.

here  is an further example of why eth coin will get huge buyers of coin.

lets pretend I am Warren Buffet .

And I went strong on Intel stock.

https://ycharts.com/companies/INTC/market_cap

Intel's current market cap is  163 billion usd  at 34 usd a share

 So with very little money put into Eth coins I can directly boost intels sales of   cpus'  thus raising the 163 market cap to say 180 market cap.

BTC does not do this  as it is all asic bound.

Nvida
https://ycharts.com/companies/NVDA trades at 57 bucks
https://ycharts.com/companies/NVDA/market_cap  cap is 29 billion

AMD trades at 5.84
cap at 4.634billion
https://ycharts.com/companies/AMD
https://ycharts.com/companies/AMD/market_cap

all companies above are aided greatly by a good eth coin  price.

once again the dao is shit fuck it.

my reasons are huge reasons for people that own the stock above to buy eth coins.

these 3 companies have a combined cap of about 200 billion usd.

Eth coins are about 1.1 billion

So by feeding into eth coins and improving  the price for the coin I affect the bottom line of the three companies above.

So any investor in those companies is affected by solid ETH coin gains.

AND IF ETH COIN TANKS an investor is affected negatively .

So basically until ETH coin stops it's gpu geared mining many people will send money into the eth  coins In order to help those companies.

BTC does not have this at all at the moment.

I see a very simple marriage of the two coins here that will help both coins and It could happen.

If it does. BTC will drop to 60% and Eth coin will gain to 25%

in truth not a hurt to BTC other then market share .

The very fact that Eth coin is far more flexible via fork then btc allows a strength that btc is missing.

The complement to each other is truly good.

Your starbucks ETH easy to reverse if an error and it can handle  millions of transactions a day

 a car purchase btc can't reverse but much more paperwork due to a big sale so other remedies

It BTC stays at the 300,000 to 670,000 max each day. With  very slow block size increase say 1 million to 2 million

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Cakinmate
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August 06, 2016, 10:50:24 AM
 #24

What Philip said is right. But the GPU mining of the ETH is planned to stop some time next year. We need another coin.
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