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Author Topic: ETH is now going to take the crown, the flippening  (Read 3728 times)
jubalix (OP)
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June 10, 2017, 10:49:30 PM
 #1

I will call that now eth is going to take the number 1 spot.

there are simply to many EC20 coins coming out, and to much good dev behind it that is actually being implemented.

In tech the first market leader is usually replaced, in BTC is could be different becuase it could have adtted anything good, of even implemented the devd just little bit.

I feel that one if flips, people will be scratching their heads as to the residual use case for BTC, I mean why would it be better than LTC?

again as I oft say recently thank you BU+Segwit, than you.


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ktabb
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June 11, 2017, 12:09:13 AM
 #2

I think this would be bad for crypto in general. If bitcoin doesn't remain a solid, steady leader, the whole market will look significantly less stable and people will be scared off... or at least large investors will. This will mean that the majority of crypto owners will remain speculative retail investors and the market will continue to be very volatile, which will prevent basically all crypto from being usable as a currency.

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June 11, 2017, 12:12:30 AM
 #3

very possible. i would not class it as a bitcoin replacement though. the only thing it's replacing is the number one spot.

if bitcoin started to wilt and ethereum ate the world i'd switch to a strategy of maximum fiat extraction and nothing else.
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June 11, 2017, 12:21:55 AM
 #4

What's the real significance though when there are 5-6x more eth in circulation than btc? That's what I don't get.
jubalix (OP)
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June 11, 2017, 01:04:58 AM
 #5

What's the real significance though when there are 5-6x more eth in circulation than btc? That's what I don't get.

yes so they have to be that multiple cheaper each and still same market cap so if you look to volume of trade as well afew other metrics then you can say its taken over.

It seems inevitable that ETH is going to keep ascending, I think the ERC20 token is the fuel thats pushing it as well as leadership.

Once market can and volume achieved, then its down to use in trade and ubiquity.

Almost every where you can exchange btc you can exchange eth now.

That extra dimension of tokens has unfurled itself into a winrar.

plus actual dev being implemented

I know I am repeating myself, but apparently the segwit and bu crowd are not listening.


there will be a bit up up and down, between the two, then a clear winner will emerge.

I wonder how all the "ETH" scamcoin people feel now....

I feel they forgot to examine utility to the market and use case.

I wonder how BU will feel with a bundle of paperweights ... that said .... an asics life cycle is not long.

 

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jubalix (OP)
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June 11, 2017, 01:05:52 AM
 #6

very possible. i would not class it as a bitcoin replacement though. the only thing it's replacing is the number one spot.

if bitcoin started to wilt and ethereum ate the world i'd switch to a strategy of maximum fiat extraction and nothing else.


why you would be left behind, with your fiat as eth goes to the 1T.

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June 11, 2017, 03:24:07 AM
 #7

I will call that now eth is going to take the number 1 spot.

there are simply to many EC20 coins coming out, and to much good dev behind it that is actually being implemented.

In tech the first market leader is usually replaced, in BTC is could be different becuase it could have adtted anything good, of even implemented the devd just little bit.

I feel that one if flips, people will be scratching their heads as to the residual use case for BTC, I mean why would it be better than LTC?

again as I oft say recently thank you BU+Segwit, than you.



It may take number one spot but still can not take the blockchain in the bitcoin transaction. It is really secured and that's why it is still whats makes the btc famous around business transactions. Ethereum also its own perks but i dont think it could change the blockchain on the way it helps any transaction. Both of them are amazing in there own ways and i think we should stop complaining on who would take the number spot instead just appreciate the help it tries to give for the community. They've got nothing to lose even if the members are speculating.
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June 11, 2017, 03:56:14 AM
 #8

RSK offers a much better smart contract solution than Vitaliks version and they will eat a lot of market share from ETH.

ETH will never be number 1, nothing can compete with Bitcoins Blockchain.
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June 11, 2017, 05:05:18 AM
 #9

I will call that now eth is going to take the number 1 spot.

there are simply to many EC20 coins coming out, and to much good dev behind it that is actually being implemented.

In tech the first market leader is usually replaced, in BTC is could be different becuase it could have adtted anything good, of even implemented the devd just little bit.

I feel that one if flips, people will be scratching their heads as to the residual use case for BTC, I mean why would it be better than LTC?

again as I oft say recently thank you BU+Segwit, than you.



It may take number one spot but still can not take the blockchain in the bitcoin transaction. It is really secured and that's why it is still whats makes the btc famous around business transactions. Ethereum also its own perks but i dont think it could change the blockchain on the way it helps any transaction. Both of them are amazing in there own ways and i think we should stop complaining on who would take the number spot instead just appreciate the help it tries to give for the community. They've got nothing to lose even if the members are speculating.

ETH is already the more secure blockchain.
http://www.trustnodes.com/2017/05/21/ethereum-now-secure-public-blockchain-overtaking-bitcoin
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June 11, 2017, 05:18:39 AM
 #10

RSK offers a much better smart contract solution than Vitaliks version and they will eat a lot of market share from ETH.

ETH will never be number 1, nothing can compete with Bitcoins Blockchain.
Agreed, when the years pass providing path for more and more altcoins to rule the cryptocurrency network surely the competence in the development as well the other features will be increasing. The same won't cause a big change causing the ETH to rule the cryptocurrency network. Always bitcoin will be the one and only digital currency that stay number one and altcoins serve further.

jubalix (OP)
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June 11, 2017, 06:27:51 AM
 #11

RSK offers a much better smart contract solution than Vitaliks version and they will eat a lot of market share from ETH.

ETH will never be number 1, nothing can compete with Bitcoins Blockchain.

even if it was does it have the market effect and place.

See BTC tech was way outdated versus other coins but the infrastructure around takes time to build, so no alt really stood much of chance.

Eth however has a lot of infrastructure around it now, eg most exchanges that does not offer ETH/BTC or ETH Pairs....


BTC just needed to show even a flicker of dev that could be implemented, but it could not even do this. So why continue with it said the market?

and this is with the DOA issue.

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June 11, 2017, 06:58:36 AM
 #12

It is always good to see new developments coming in,but is it truly going to take the crown,lets say that we will be seeing more coins with ETH platform and one thing you must always remember is that one network flaw could bring the entire market down which could bring down billions if anything happens in the future. Wink
fistfullofbtc
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June 11, 2017, 07:07:48 AM
 #13

it is like a cult of BTC  , not even acknowledging that eth exists make me laugh. ETH could take over btc, whilst btc has been fannying around, eth has taken its market share and holding it.

 i think eth is being used as a hedge against bitcoin uncertainty. interesting this is the first major eth rise without btc rising as well.

the btc old guard have been calling eth a bubble for months, whilst eth has built massive foundations for its future.

BTC will always have a place, but maybe not as no.1
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June 11, 2017, 07:08:33 AM
 #14

I think this would be bad for crypto in general. If bitcoin doesn't remain a solid, steady leader, the whole market will look significantly less stable and people will be scared off... or at least large investors will. This will mean that the majority of crypto owners will remain speculative retail investors and the market will continue to be very volatile, which will prevent basically all crypto from being usable as a currency.

I fully agree with this.
I am actually afraid btc will loose its "gold" charm if it gets pushed out of top market cap. Bitcoins usecase is like gold tome, not like paper dollars.
fistfullofbtc
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June 11, 2017, 07:12:53 AM
 #15

from the article this sums it up for me as an advantage over btc even if things go wrong, and i am a new person to this world.

'However, it will all probably be heavily tested and if there are any problems eth has shown they can quickly make decisions and resolve any issues, so it would most probably be just temporary.'
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June 11, 2017, 07:19:59 AM
 #16

'However, it will all probably be heavily tested and if there are any problems eth has shown they can quickly make decisions and resolve any issues, so it would most probably be just temporary.'
Like hard fork whenever the rich creator and his friends need to safe their money?
Eth had 1 USP: "code is law". It turned out that's not true.
It went up 4000% in 6 months and 40000% in 18 months. What can go wrong?

Once again, let me mention the hard fork. Who cares about a 51% attack, if 1 guy can decide to undo transactions?

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June 11, 2017, 07:55:19 AM
 #17

Bitcoin could easily remain the champ if the internal civil war was resolved with the miners

It just goes to show that good governance will win in the end

A blockchain with direction is the one that will win out in the long term, doesn't have to be 1 winner many winners can emerge
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June 11, 2017, 08:00:19 AM
 #18

I also think so.
ETH is going crazy.
its growing consistently.
Most of the investor are putting their money in ETH.
ETH can go even further for issue like Bip 148.
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June 11, 2017, 08:13:28 AM
 #19

I will call that now eth is going to take the number 1 spot.

there are simply to many EC20 coins coming out, and to much good dev behind it that is actually being implemented.

In tech the first market leader is usually replaced, in BTC is could be different becuase it could have adtted anything good, of even implemented the devd just little bit.

I feel that one if flips, people will be scratching their heads as to the residual use case for BTC, I mean why would it be better than LTC?

again as I oft say recently thank you BU+Segwit, than you.



A lot of the project based on the ethereum platform try to make a connection each other. That makes the community more solid.

More people are trying to buy ethereum as they can too.

Will the etehreum take the bitcoin's place in the future?
Just the matter of time.

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June 11, 2017, 08:28:02 AM
 #20

We cannot say that eth has taken the crown for now since the bitcoin is still at the top spot but for the fact that it wS added on some forex platforms well maybe this one would get some nicer future when times goes by on it and eth has high potential also so theirs no job that maybe eth will take the crown as you said if theirs something bad will happen on bitcoins.
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