Kprawn (OP)
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June 27, 2017, 06:15:37 PM |
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Ethereum's collapse is going to hurt Bitcoin more than MtGox. When you have mainstream media spreading FUD about Bitcoin and you have them hype up a ScamCoin like Ethereum, you must know that they are desperate. They like the fact that it has a centralized authority and they like the fact that you have UNLIMITED coins. {More or less the same thing Fiat currencies have in common with them} Have a look at this --> https://www.youtube.com/watch?v=0UBk1e5qnr4 { Ethereum Vs. Bitcoin: What Sets Them Apart? | CNBC } The SEC has not even defined what Ethereum is yet, and if it is classed as a security... the Founders and Developers will be guilty of trading in unregistered securities. Wow, why are people looking the other way, when Ethereum is clearly a Ponzi Scheme? { Greed? }
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HeRetiK
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Playgram - The Telegram Casino
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June 27, 2017, 06:20:52 PM |
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Counter argument: Should Ethereum collapse, more Fiat will stream into Bitcoin for lack of established alternatives in the Cryptocurrency space.
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BillyBobZorton
Legendary
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Activity: 1204
Merit: 1028
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June 27, 2017, 06:25:40 PM |
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Ethereum's collapse is going to hurt Bitcoin more than MtGox. When you have mainstream media spreading FUD about Bitcoin and you have them hype up a ScamCoin like Ethereum, you must know that they are desperate. They like the fact that it has a centralized authority and they like the fact that you have UNLIMITED coins. {More or less the same thing Fiat currencies have in common with them} Have a look at this --> https://www.youtube.com/watch?v=0UBk1e5qnr4 { Ethereum Vs. Bitcoin: What Sets Them Apart? | CNBC } The SEC has not even defined what Ethereum is yet, and if it is classed as a security... the Founders and Developers will be guilty of trading in unregistered securities. Wow, why are people looking the other way, when Ethereum is clearly a Ponzi Scheme? { Greed? } We may see a temporal downtrend if Ethereum collapses, because its marketcap is now on the several billions, enough to create a global downtrend, even if not as strong as Bitcoin of course. But the point is, Bitcoin will survive, and after Ethereum collapses, the resilience of Bitcoin will grow even more. A lot of people will sell for Bitcoin, so in the long term this only helps Bitcoin. Bitcoin doesn't need any other altcoin, they all could die and it wouldn't matter, it's alts that need a strong Bitcoin.
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whaawh
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June 27, 2017, 07:13:43 PM |
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Since I'm still new in this field, I can not give an unambiguous answer, although I already understand that Bitcoin has a more expensive price, but the etherium is more in demand on the market. Sorry if I do not understand something
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skyline247
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June 27, 2017, 07:18:55 PM |
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I thought Ethereum was being developed by Microsoft? Highly doubtful that it would outright collapse. With that said, I am not too well versed about it, so my opinion isn't very strong here.
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OROBTC
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Activity: 2940
Merit: 1865
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June 27, 2017, 07:22:54 PM |
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...
I do not know much about ethereum, so take my comments for what they worth (extremely little).
Ethereum is, to some degree or other backed by THE BANKS (including JP Morgan), which just by itself makes me a little queasy. Ethereum also performs other functions (it's designed to not "just be a currency"). I like simple things, that is, Bitcoin is meant to be used as a currency, it makes no claims to preserve copies of contracts, etc. (although there are some clever programs that somewhat have the BTC Blockchain do that).
So I will stick with BTC as long as there appears to be progress on solving the scaling problem.
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Weatherby
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June 27, 2017, 08:09:18 PM |
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Counter argument: Should Ethereum collapse, more Fiat will stream into Bitcoin for lack of established alternatives in the Cryptocurrency space.
That is for sure,if Ethereum collapses then all the coins that started their business depending on ETH will suffer and they will be forced to change to alternative methods or will force them to create their own block chain or find out a good alternative.
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patroncito
Full Member
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Activity: 398
Merit: 107
LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN
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June 27, 2017, 08:21:50 PM Last edit: June 27, 2017, 09:39:46 PM by patroncito |
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Ethereum's collapse is going to hurt Bitcoin more than MtGox. When you have mainstream media spreading FUD about Bitcoin and you have them hype up a ScamCoin like Ethereum, you must know that they are desperate. They like the fact that it has a centralized authority and they like the fact that you have UNLIMITED coins. {More or less the same thing Fiat currencies have in common with them} Have a look at this --> https://www.youtube.com/watch?v=0UBk1e5qnr4 { Ethereum Vs. Bitcoin: What Sets Them Apart? | CNBC } The SEC has not even defined what Ethereum is yet, and if it is classed as a security... the Founders and Developers will be guilty of trading in unregistered securities. Wow, why are people looking the other way, when Ethereum is clearly a Ponzi Scheme? { Greed? } Another Bitcoin clown trying to scare people out of Ethereum. What a crap. Ethereum didn't collapse, it was a correction caused by the fucking coin base plus more bitcoin clowns publishing Fake news. BITCOIN fags are scared of ethereum taking the number one place. People please don't listen to these idiots. There is a wild battle going on between the two top coins and these bitcoin stupids are soooo dirty they will do anything to scare people away from Ether. Just ignore them
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McWorse
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June 27, 2017, 08:41:14 PM Last edit: June 27, 2017, 08:59:49 PM by McWorse |
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A crash of ETH will end in an unbelievable lost of trust in every cryptocurrency. Many, many people (me too) came into the market, because they heard of ETH. If these people will loose all their money, they will never invest money again. Marketcap ...? Worst case: This people will demand regulation! Finally a crash of ETH will be the best for the system. Because it authorizes the system to take control. So take care of your wishes...
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sourish
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June 27, 2017, 09:02:52 PM |
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still i would prefer bitcoin.......
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patroncito
Full Member
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Activity: 398
Merit: 107
LONG BITCOIN, SHORT BANKS, DUMP FIAT FOR BITCOIN
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June 27, 2017, 09:38:40 PM |
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A crash of ETH will end in an unbelievable lost of trust in every cryptocurrency. Many, many people (me too) came into the market, because they heard of ETH. If these people will loose all their money, they will never invest money again. Marketcap ...? Worst case: This people will demand regulation! Finally a crash of ETH will be the best for the system. Because it authorizes the system to take control. So take care of your wishes... Another Bitcoin clown. This is ridiculous. Is bitcoin paying you guys for this? ETH crash my ass. MSFT AND IBM are using ETH already. Bitcoin will be in the #2 place soon.
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Spoetnik
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Merit: 1011
FUD Philanthropist™
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June 28, 2017, 12:57:47 AM |
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Nope. One is a currency and one is not. So they have little to do with each other. The failure of an ICO gimmick scheme pyramid fuel token will have no bearing on REAL currencies A certain famous guy agreed too when he said via Twitter ETH should not be compared to Bitcoin. His name is Andreas Antonopoulos. You are scammy idiots defending a doomed pyramid scheme coin in vain. @patroncito You are a liar. Is your other account named stoat? Or mining1? Or Miningcache? You are a lying fraud.. Ms and IBM are Not "using" Ethereum.
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FUD first & ask questions later™
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bbc.reporter
Legendary
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Activity: 3122
Merit: 1491
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June 28, 2017, 02:11:55 AM |
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Ethereum's collapse is going to hurt Bitcoin more than MtGox. When you have mainstream media spreading FUD about Bitcoin and you have them hype up a ScamCoin like Ethereum, you must know that they are desperate. They like the fact that it has a centralized authority and they like the fact that you have UNLIMITED coins. {More or less the same thing Fiat currencies have in common with them} Have a look at this --> https://www.youtube.com/watch?v=0UBk1e5qnr4 { Ethereum Vs. Bitcoin: What Sets Them Apart? | CNBC } The SEC has not even defined what Ethereum is yet, and if it is classed as a security... the Founders and Developers will be guilty of trading in unregistered securities. Wow, why are people looking the other way, when Ethereum is clearly a Ponzi Scheme? { Greed? } Read these 2 articles. http://www.coindesk.com/financial-stability-board-blockchain-raise-cross-border-data-issues/http://www.coindesk.com/asic-on-blockchain-australias-securities-watchdog-unlikely-to-regulate-icos/Those articles are essentially saying that government interference might take a longer time than expected before the SEC or any government regulator can define them as unregistered securities. We all know that the legal uncertainty is there but there are no concrete policies being made to stop them.
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HardFireMiner
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June 28, 2017, 06:39:01 AM |
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It is a shame for common sense to compare Ethereum with Bitcoin. They are not even in the same category, class.
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investinator
Member
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Activity: 112
Merit: 10
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June 28, 2017, 06:48:02 AM |
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The demise of ETH people were predicting just a few days ago never materialised and calling it a scam is complete FUD. Anyone who can't see the benefits of a coin with smartcontracts needs to take another think about why it has become so popular.
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Gambler_btc
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Activity: 61
Merit: 10
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June 28, 2017, 06:50:35 AM |
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shitcoin vs OGcoin? haha
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minime
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June 28, 2017, 06:58:41 AM |
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The demise of ETH people were predicting just a few days ago never materialised and calling it a scam is complete FUD. Anyone who can't see the benefits of a coin with smartcontracts needs to take another think about why it has become so popular.
probally because gpu miners had something to mine... i wonder what they will do with their gpu farms if eiszeit shuts them down. i do not think it is a good idea closing it for outsiders. it does not make sense to me getting more eth just because u own some eth.
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McWorse
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June 28, 2017, 07:10:37 AM |
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A crash of ETH will end in an unbelievable lost of trust in every cryptocurrency. Many, many people (me too) came into the market, because they heard of ETH. If these people will loose all their money, they will never invest money again. Marketcap ...? Worst case: This people will demand regulation! Finally a crash of ETH will be the best for the system. Because it authorizes the system to take control. So take care of your wishes... Another Bitcoin clown. (...) Really? Maybe I am not the biggest clown in here then...
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GRR
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June 28, 2017, 07:54:07 AM |
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A crash of ETH will end in an unbelievable lost of trust in every cryptocurrency. Many, many people (me too) came into the market, because they heard of ETH. If these people will loose all their money, they will never invest money again. Marketcap ...? Worst case: This people will demand regulation! Finally a crash of ETH will be the best for the system. Because it authorizes the system to take control. So take care of your wishes... Another Bitcoin clown. (...) Really? Maybe I am not the biggest clown in here then... EVERY Crypto? Thats idiotic. Nobody loses faith in BMW when General Motors goes down in flames. The money is there, people want to invest. Crypto is already starting to get well established. BTC will suck up 50% of ETH market cap, rest goes into other alts. Maybe 5% "lose faith", they are pretty much irrelevant. More money is pouring in over the long course.
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