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Author Topic: Demise of bitcoin under Eth  (Read 1916 times)
kwukduck (OP)
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June 12, 2017, 11:48:06 AM
 #1

The time has come faster than we all expected. Bitcoin is about to be kicked from the throne by Ethereum.
What is your view on this? Is there any place left for Bitcoin? All functionality is replaced with Erhereum, we don't need bitcoin anymore.
Have you converted your bitcoin to ethereum yet?
There's no time like the present.

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1Referee
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June 12, 2017, 11:53:45 AM
 #2

Kicked off the throne by Ethereum? What throne? The throne of fake market caps? I am sorry to crush your little dirty fantasy, but Bitcoin has been kicked off this fake throne already. Just now again.

http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/

Sh!tcoin Electra has a market cap $135 billion. Cheesy
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June 12, 2017, 12:02:30 PM
 #3

Kicked off the throne by Ethereum? What throne? The throne of fake market caps? I am sorry to crush your little dirty fantasy, but Bitcoin has been kicked off this fake throne already. Just now again.

http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/

Sh!tcoin Electra has a market cap $135 billion. Cheesy

yeah 1000$ volume.

head in sand much

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Coinnosaurus
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June 12, 2017, 12:04:26 PM
 #4

Kicked off the throne by Ethereum? What throne? The throne of fake market caps? I am sorry to crush your little dirty fantasy, but Bitcoin has been kicked off this fake throne already. Just now again.

http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/

Sh!tcoin Electra has a market cap $135 billion. Cheesy
Hail to the king baby .. lol
Paashaas
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June 12, 2017, 12:05:38 PM
 #5

ETH is dead within 12 months.
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June 12, 2017, 12:06:29 PM
 #6

Quicker than a speeding bullet... The duck is back. Lol.

Where you been the last few weeks??  Grin
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June 12, 2017, 12:08:12 PM
Last edit: June 17, 2017, 01:26:35 AM by jpoker272727
 #7

ETH is dead within 12 months.

How? Why?

The time has come faster than we all expected. Bitcoin is about to be kicked from the throne by Ethereum.
What is your view on this? Is there any place left for Bitcoin? All functionality is replaced with Erhereum, we don't need bitcoin anymore.
Have you converted your bitcoin to ethereum yet?
There's no time like the present.

I'm in dilemma of converting the bitcoins into ethereum but seems that I made a mistake last week, I could've doubled the fiat value now from bitcoin eth fiat.

Seems that the value is the same and there is the same exchange rate of bitcoin to ethereum, for now I'm holding the bitcoins until there is a big move of the rate in exchanges.
jubalix
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June 12, 2017, 12:10:01 PM
 #8

The time has come faster than we all expected. Bitcoin is about to be kicked from the throne by Ethereum.
What is your view on this? Is there any place left for Bitcoin? All functionality is replaced with Erhereum, we don't need bitcoin anymore.
Have you converted your bitcoin to ethereum yet?
There's no time like the present.

the buy wall on polo for eth is....scary.

i think alot of large btc holders who are living in disbelief....which would be a lot of core and miners by the looks of it.

they are probably now being forced to sell into eth for BTC, as they cannot resits or risk missing out and being massively reduced in value.

the flipping is obviously on and its going to go through, powered by an endless number of tokens

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June 12, 2017, 12:15:19 PM
 #9

"Demise of bitcoin under Eth small blocks"

ETH is dead within 12 months.

How? Why?
Eth went up 4000% in 6 months, and 40000% in 18 months. There's no denying it's a hype/bubble, but you never know how big they get before they bust.
I stopped caring about ETH when the "code is law" was replaced by a hard fork for private financial gains. Clearly many people love centrally controlled value, but that's not what Bitcoin is about.
ETH is all about promises, but in reality smart contracts are pipe dreams without applications.

digaran
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June 12, 2017, 12:17:57 PM
 #10

Just 2 months ago ETH was swinging around $6-$9 but all of a sudden now is above $350, at least when I go to some gaming platforms and online shops I can see Bitcoin accepted here logo but where have I ever seen ETH accepted here? no where, so have fun with your soon to be POS coin or what happened to that? when exactly they are going to make it POS so the ones with the most tokens in hand could earn the most?

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June 12, 2017, 12:23:32 PM
 #11

Just 2 months ago ETH was swinging around $6-$9 but all of a sudden now is above $350, at least when I go to some gaming platforms and online shops I can see Bitcoin accepted here logo but where have I ever seen ETH accepted here? no where, so have fun with your soon to be POS coin or what happened to that? when exactly they are going to make it POS so the ones with the most tokens in hand could earn the most?


sure you can see BTC accepted here but you cant get your transaction into the block.

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YuginKadoya
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June 12, 2017, 12:25:59 PM
 #12

Kicked off the throne by Ethereum? What throne? The throne of fake market caps? I am sorry to crush your little dirty fantasy, but Bitcoin has been kicked off this fake throne already. Just now again.

http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/

Sh!tcoin Electra has a market cap $135 billion. Cheesy

Nice Electra has $54,799,303,404 market cap but the price is still at $54.80 what happen with the price? actually I never though that electra has this kind of market cap it is the first time that I see it,  but I think the chart will provide me with the information I need in why it had the highest market cap, well I think we don't need to underestimated such sh!tcoins because it might provide us with great profit in the future.

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June 12, 2017, 12:27:51 PM
 #13

Quicker than a speeding bullet... The duck is back. Lol.

Where you been the last few weeks??  Grin

Licking his wounds after the recent epic rise. First opportunity of giving bitcoin a kicking he's back. You would think after predicting $200 coins he'd we wary of making a fool of himself AGAIN.

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June 12, 2017, 12:34:54 PM
 #14

Today most of the coins are going down ETH is very strong and almost up 13%. Any good news about ETH?

Anyway, I started to invest in ETH when prices were around 30+ and accumulated few of them in last few months. When it hits around 500 mark then I may consider booking some profit. Any suggestions like whether it may hit around 1000 mark soon?
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June 12, 2017, 12:40:52 PM
 #15

I think the chart will provide me with the information I need in why it had the highest market cap

No need to look at charts. It's an easy form of market cap manipulation that requires basically no effort at all. In that regard, I wonder how long it will take before we see the first $1000 billion market cap joke. If the existing supply is 1,000,000,000 for example, then it works as follow;

Buy 1 coin at $1 and the market cap sits at $1 billion.
Buy 1 coin at $10 and the market cap sits at $10 billion.
Buy 1 coin at $100 and the market cap sits at $100 billion.
Buy 1 coin at $1000 and the market cap sits at $1000 billion.

If you hold 50% or more of the total supply, you'll statistically be the richest (known) individual in the world with just $1000 invested. Cheesy
nizamcc
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June 12, 2017, 12:47:08 PM
 #16

I think the chart will provide me with the information I need in why it had the highest market cap

No need to look at charts. It's an easy form of market cap manipulation that requires basically no effort at all. In that regard, I wonder how long it will take before we see the first $1000 billion market cap joke. If the existing supply is 1,000,000,000 for example, then it works as follow;

Buy 1 coin at $1 and the market cap sits at $1 billion.
Buy 1 coin at $10 and the market cap sits at $10 billion.
Buy 1 coin at $100 and the market cap sits at $100 billion.
Buy 1 coin at $1000 and the market cap sits at $1000 billion.

If you hold 50% or more of the total supply, you'll statistically be the richest (known) individual in the world with just $1000 invested. Cheesy

That's true. If someone stacks in too much ETH in volume and decides to dump on everyone, say even 5% of the total available coin supply, the next day they will see the market cap to be dumped down to more than 50% by just that single step. Bitcoins are much limited in number compared to ETH and I see no reasons why ETH is being pumped too high. Just due to those smart contracts of different tokens that are being laid upon its blockchain?
Paashaas
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June 12, 2017, 12:47:35 PM
 #17

https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36

ETH ICO's are scams, get ready for the burnout.

Rootstock will deliver real and secure smart contracts.
richsoon
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June 12, 2017, 12:49:25 PM
 #18

The time has come faster than we all expected. Bitcoin is about to be kicked from the throne by Ethereum.
What is your view on this? Is there any place left for Bitcoin? All functionality is replaced with Erhereum, we don't need bitcoin anymore.
Have you converted your bitcoin to ethereum yet?
There's no time like the present.

They compete with either other only indirectly as they serve different functions within the crypto world. They will both survive and thrive but its highly likely ETH will come out as the main player.
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June 12, 2017, 12:52:12 PM
 #19

Today most of the coins are going down ETH is very strong and almost up 13%. Any good news about ETH?
Good eye seems from the top 5 coins on coinmarketcap ethereum is the only coin to register a gain at the moment.
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Where exactly is Electra from...never heard people speculate about it and volume ratio to total supply worries, is this even a good coin to consider investing in?
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June 12, 2017, 02:30:54 PM
 #20

There is a thing that clearly tells that BTC is not about to be kicked: people in the streets (not altcoin nerds) mostly know about just one coin, and that is BTC.

However popular ETH may be among crypto-population (and although it clearly has potential to speculate with) it cannot compete in popularity with BTC. There are lots and lots of people that only know about BTC. Very few that only know about Eth.


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