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gadsden76 (OP)
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March 25, 2017, 02:00:24 AM |
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And crypto will be better off because of it. Ethereum has a better network with more utility (contracts) and can do currency just like BTC.
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Not all those who wander are lost.
-Tolkien
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icanscript
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March 25, 2017, 02:04:08 AM |
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No it wont. Like Bitcoin XT, I think BTU will almost be forgotten in a year, or maybe we will have some alt.
Bitcoin is tried and tested and almost safe and people will prefer their funds here than on some other fork.
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Killerpotleaf
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A Blockchain Mobile Operator With Token Rewards
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March 25, 2017, 02:05:20 AM |
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you know Alts have hit a ATH when ___________
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quake313
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March 25, 2017, 02:07:35 AM |
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And crypto will be better off because of it. Ethereum has a better network with more utility (contracts) and can do currency just like BTC.
I read somewhere that Ethereum is a flawed platform. |
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icanscript
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March 25, 2017, 02:09:22 AM |
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No it wont. Like Bitcoin XT, I think BTU will almost be forgotten in a year, or maybe we will have some alt.
Bitcoin is tried and tested and almost safe and people will prefer their funds here than on some other fork.
Bitcoin has a weak organizational structure, and while some argue that this is a net positive, it really isn't. The correct long-term decisions for the health of the BTC network are not being made quickly enough and this will lead to BTC power grabs and infighting over the decentralized network long after the BTC BTU debate is settled. For this reason another coin will overtake BTC. I don't disagree that another coin will eventually overtake bitcoin, I don't think satoshi ever realised it would become this popular. I don't think that coin will be ETH though, maybe something with more anonymity. |
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layoutph
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March 25, 2017, 02:11:28 AM |
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I rather transfer my Bitcoin core coins to ETHS than to Bitcoin Unlimited. BTU is buggy, and might lead to centralized network. Might leave by the miners in the long run too. I preper shifting to ETHs which has a better blockchain.
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gadsden76 (OP)
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March 25, 2017, 02:12:33 AM |
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And crypto will be better off because of it. Ethereum has a better network with more utility (contracts) and can do currency just like BTC.
I read somewhere that Ethereum is a flawed platform. Nope, maybe you can point me to what you have read. However, sometimes the case is made that the immutability of contracts is a flaw. This is not the case, it is mainly just that the proper methods of producing and designing safe and secure dapps has not been made 'easy' or mainstream yet. This is not a flaw with Ethereum as a protocol, but more or less a necessary change of the development process must be made for ETH dapps. |
Not all those who wander are lost.
-Tolkien
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numismatist
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March 25, 2017, 02:16:21 AM |
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Bitcoin has a weak organizational structure, and while some argue that this is a net positive, it really isn't. The correct long-term decisions for the health of the BTC network are not being made quickly enough and this will lead to BTC power grabs and infighting over the decentralized network long after the BTC BTU debate is settled. For this reason another coin will overtake BTC.
It's a sad ending for a formerly grandious invention. I am glad that Satoshi has not to live through this. On the other hand he may have mopped the floor with them sorry asses  For the first time in history I would assume Satoshi (if still alive, I consider him deceased) outing himself, stepping up, would not tank the value but increase it. Just because that would mean governance and structure again. |
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Thatstinks
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March 25, 2017, 02:16:57 AM |
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I just hope the backlash doesn't cost some to miss a real chance, no risk no reward! And I agree should BTU fall aside in the years that come another attempt would be made again over and over, something HAS TO change.
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European Central Bank
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March 25, 2017, 02:19:22 AM |
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ethereum taking the title would be a vote for leadership and centralisation.
and let's be honest here, most people would probably prefer it.
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d5000
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March 25, 2017, 02:23:57 AM |
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That depends on how Ethereum manages the scalability issue.
They're working on a sharding concept and Proof-of-stake to diminish "real costs per transaction", but I read opinions that the sharding concept is very hard to implement and maybe even is incompatible with their planned PoS algorithm (Casper).
If they deliver sharding, Raiden and Casper and all works well for at least one year, then maybe ETH could compete with BTC. Until then, I think BTC (if it doesn't kill itself or sort-of - e.g. fragments permanently in multiple chains) should continue to lead the market cap rank.
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gadsden76 (OP)
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March 25, 2017, 02:26:00 AM |
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That depends on how Ethereum manages the scalability issue.
They're working on a sharding concept and Proof-of-stake to diminish "real costs per transaction", but I read opinions that the sharding concept is very hard to implement and maybe even is incompatible with their planned PoS algorithm (Casper).
If they deliver sharding, Raiden and Casper and all works well for at least one year, then maybe ETH could compete with BTC. Until then, I think BTC (if it doesn't kill itself or sort-of - e.g. fragments permanently in multiple chains) should continue to lead the market cap rank.
I agree that Ethereum needs to address scalability, my point is mainly that I think because of Ethereum's much better organizational structure as compared to BTC Ethereum has a much better chance of actually fixing the issues with blockchain technology. |
Not all those who wander are lost.
-Tolkien
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rawbert
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March 25, 2017, 02:30:07 AM |
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Zcash will replace bitcoin.
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zedicus
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March 25, 2017, 02:31:27 AM |
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ethereum taking the title would be a vote for leadership and centralisation.
and let's be honest here, most people would probably prefer it.
I disagree, for some they might switch from bitcoin to ETH. But, BTU in my opinion will just end like the other Alt's which will only last for up to a year (might not even reach) since it is just being the center of attraction is because of the Bitcoin itself. Bitcoin is well established and it is the basis of the cryptocurrency so I believe it will be hard to be forgotten. Soon and very soon, it will retain its previous price and let's just wait what'll happen in the BTU after its Launch. |
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aso118
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March 25, 2017, 02:31:36 AM |
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And crypto will be better off because of it. Ethereum has a better network with more utility (contracts) and can do currency just like BTC.
BTC vs BTU is making news at this point of time, and yes, it has benefited all other alts. BTC dominance (percentage of overall market cap) is at an all time low. But what happens once this issue is resolved. Either one (BTC or BTU) will gain dominance at the cost of all other alts. |
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gadsden76 (OP)
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March 25, 2017, 02:35:35 AM |
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And crypto will be better off because of it. Ethereum has a better network with more utility (contracts) and can do currency just like BTC.
But what happens once this issue is resolved. Either one (BTC or BTU) will gain dominance at the cost of all other alts. Why is this true? I would view BTU as a new alt if it gained dominance(a fork is much more likely) as would many other crypto enthusiasts. BTC doesn't have the organizational structure to maintain #1 marketcap and prevent more major forks. |
Not all those who wander are lost.
-Tolkien
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ekoice
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March 25, 2017, 03:13:22 AM |
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Zcash will replace bitcoin.
That would be the greatest joke of this year.No altcoin which exist today can replace bitcoin.If any of them had such potential,they would have come to first place by this time.Most of them are just pump and dumps. |
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gadsden76 (OP)
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March 25, 2017, 03:14:30 AM |
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Zcash will replace bitcoin.
That would be the greatest joke of this year.No altcoin which exist today can replace bitcoin.If any of them had such potential,they would have come to first place by this time.Most of them are just pump and dumps. Ignore zcoin shilling. |
Not all those who wander are lost.
-Tolkien
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jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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March 25, 2017, 03:42:02 AM |
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so...then the corollary must be Bitcoin unity = Ethereum worst nightmare.
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gadsden76 (OP)
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March 25, 2017, 03:43:37 AM |
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so...then the corollary must be Bitcoin unity = Ethereum worst nightmare.
Yes, if BTC is able to get control and get over this BTU stuff then ETH will correct. I find this unlikely though. |
Not all those who wander are lost.
-Tolkien
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