Ethereum is new BTC

[oxonhu]

anyone seen this on twitter ?

@rogerkver : Vitalik is both a genius and a class act.  That’s why I sold a portion of my BTC for Ethereum in addition to lots of Bitcoin Cash.

@jihanwu : I also heard that ETH idea should have be done on top of Bitcoin. Some arrogant people drive him out. Is that true?


https://twitter.com/rogerkver/status/929743854974091264

https://twitter.com/JihanWu/status/929745529113690112

[Denker]

The problem with Ethereum is that it does not have a max supply, but an infinite, making it a very inflationary coin.

It's not just that.
It's extremely centralized, lead by a benelovent dictator. It's "famous" programming language is not more than a tool for scrip kiddies.
And the whole structure it is based has a huge attack surface.
I'm not even talking about the premine and uncertainty if SEC may step in one day or not.
Ethereum can be formed and forced by governments whatever they want it to be.
And who ever believes this will be lead crypto, sorry but, that guys should check for any mental illness!! Seriously!!

[Serg22]

Ethereum is not to replace BTC,but it is one of the leading coins.

[troleybüs]

Ethereum is a very good altcoin but it's not new BTC. There is no new BTC.
You can still invest in Ethereum and wait 20x profit. $300 x 20 = $6000 It's not too hard to reach for Ethereum in the long run.

[John Wick]

The problem with Ethereum is that it does not have a max supply, but an infinite, making it a very inflationary coin.

It's not just that.
It's extremely centralized, lead by a benelovent dictator. It's "famous" programming language is not more than a tool for scrip kiddies.
And the whole structure it is based has a huge attack surface.
I'm not even talking about the premine and uncertainty if SEC may step in one day or not.
Ethereum can be formed and forced by governments whatever they want it to be.
And who ever believes this will be lead crypto, sorry but, that guys should check for any mental illness!! Seriously!!

It's hard for me to understand people who find ethereum as an economical instrument just like silver, platinum and gold. Ethereum is just a tools folks. If it will make 20x in the long term, this won't be before 2030, I guess.

Ethereum is not like bitcoin anyway.

[BartS]

Ethereum is one of best altcoin so far. There are thousand altcoins based ethereum and many of them are already in 100 marketcap. It s so easy to create an altcoin on ethereum and it s cheap to create. Transactions are also easy, cheap and fast. Make an account and use is also so easy. %90 of people who knows bitcoin also knows ethereum. There are many new ICO based ethereum. Ethereum has own decentralized exchange called ; etherdelta. There are many Russian , European, Chinese and North American investors on Ethereum.
Price is 0.05 btc for now but just for now.
Many people couldnt buy ethereum after cancelled Segwit2x but as all you know there is a scam coin called BitcoinCash. Nowadays there is a huge pumping on BitcoinCash but no one believe it will go for long. There is a big big dumping waiting BitcoinCash.
What do you think ? Isn't it time to buy Ethereum and wait 20x profit ?

20x profit? If you are buying ETH right now you will need the market cap to reach 600 billion dollars when the current market cap of all the coins is less than 200 billion dollars, so you are either waiting for some massive pump or you are going to hold for fifty years or a ridiculous long term like that, the truth is that ETH is a good coin but it is not even close to surpass bitcoin.

[Clark05]

Ethereum is a potential coin but as of now even the price of bitcoin decrease it will ne still no.1 in the next few years for sure. But maybe ethereum is one of the possible new bitcoin in the future because they have many projects and partners.

[oxonhu]

Ethereum is one of best altcoin so far. There are thousand altcoins based ethereum and many of them are already in 100 marketcap. It s so easy to create an altcoin on ethereum and it s cheap to create. Transactions are also easy, cheap and fast. Make an account and use is also so easy. %90 of people who knows bitcoin also knows ethereum. There are many new ICO based ethereum. Ethereum has own decentralized exchange called ; etherdelta. There are many Russian , European, Chinese and North American investors on Ethereum.
Price is 0.05 btc for now but just for now.
Many people couldnt buy ethereum after cancelled Segwit2x but as all you know there is a scam coin called BitcoinCash. Nowadays there is a huge pumping on BitcoinCash but no one believe it will go for long. There is a big big dumping waiting BitcoinCash.
What do you think ? Isn't it time to buy Ethereum and wait 20x profit ?

20x profit? If you are buying ETH right now you will need the market cap to reach 600 billion dollars when the current market cap of all the coins is less than 200 billion dollars, so you are either waiting for some massive pump or you are going to hold for fifty years or a ridiculous long term like that, the truth is that ETH is a good coin but it is not even close to surpass bitcoin.

    This is not a reason to buy or Hodl btc at all. you are looking on wrong side. BTC is first coin on blockchain  but there is no one good reason to buy or hodl btc anymore. Transaction fee is expensive and so slow. Just think first car. they had no good engine and they were slow. Tell me if you have money would you still use an old car or will you buy a ferrrari or lamborghini ? if you are against capitalism and dont want to buy it i will understand you but this is different. Go to past but not so far like 30 years. everyone had a homephone but who use them now ? we all have super smartphones, why ? cuz they are so fast and with good technology. Even we dont use our smartphones for calls or messages. why ? cuz there are whatsapp, telegram and other apps , they are cheap and fast . you just need internet even they use kb , so cheap.
   Its same all time. Something come to our daily life , than we use it and than something new , better , cheaper and faster come so we start to use new thing. You can Hodl btc cuz you wanna make money with it. nothing else. I dont know even if you remember NOKIA, are there still someone have NOKIA ? or wait wait ICQ ?

Its time to face to reality. BTC will go down and investors and btc holders will buy ethereum.

Just let you know there is an ICO on 27 Nov. , INS . Softcap is 30k eth and hardcap is 100k eth. People will need eth to invest an ICO but no one need BTC in reality. Go and buy ethereum.

[pokeviktor]

The price target for ethereum is estimated to be $ 1,000 for the year 2018. I don't know if this is a realistic expectation but why not?  I have been keeping Ethereum since the beginning of 2017, I do not sell it. Ethereum isn't the new BTC.  I think, much more advanced technology than BTC,  but BTC is a very popular first.

[lordzc]

At least the head of the Ethereum boss. Since it does not have a multi-headed structure, control is only vitalik .

[jtipt]

Sorry I won't verify this claim. Ethereum as its strength will be very similar to bitcoin for sure, but it won't ever replace bitcoin. Bitcoin will stay as our huge cryptocurrency, ethereum will become best network for ideas and services.

Exactly. ETH is a good coin, no doubt, but saying it will replace BTC is a while another thing. Right now the rivalry between BTC and BCH is causing the drop in price, but I think btc will soon recover from it.

[hadang]

Ethereum is one of best altcoin so far. There are thousand altcoins based ethereum and many of them are already in 100 marketcap. It s so easy to create an altcoin on ethereum and it s cheap to create. Transactions are also easy, cheap and fast. Make an account and use is also so easy. %90 of people who knows bitcoin also knows ethereum. There are many new ICO based ethereum. Ethereum has own decentralized exchange called ; etherdelta. There are many Russian , European, Chinese and North American investors on Ethereum.
Price is 0.05 btc for now but just for now.
Many people couldnt buy ethereum after cancelled Segwit2x but as all you know there is a scam coin called BitcoinCash. Nowadays there is a huge pumping on BitcoinCash but no one believe it will go for long. There is a big big dumping waiting BitcoinCash.
What do you think ? Isn't it time to buy Ethereum and wait 20x profit ?

Eth is good after BTC and of course it never replaces Btc. But it will not stop growing because most ICOs use it.
BCH increased so fast that many people hoped for it. But everyone should understand that BCH is not a long-term investment.

[lobo13hf]

Ethereum's supply is not limited, it was not also created to take place of bitcoin. It can be higher than bitcoin in terms of price, market cap or community but it can't be a bitcoin and it does not already want to be so.

It will get limitation in the future or the next year, Vlad already made the paper to give the more explanation about the pos casper which to determined the total supply of the ethereum in the future.
Ethereum will be moving into the pos system. Ethereum was better caused by there is no politician in there just like bitcoin and bitcoin cash or even bitcoin gold.

[traderethereum]

how it can be ethereum is a new btc? ethereum can be profitable coins beside bitcoin but it can not compared with bitcoin because ethereum is different than bitcoin. maybe we can say that ethereum is a new coins that will be profitable in the long term because ethereum have many benefits too like bitcoin but ethereum can not replace bitcoin.

[EthereumBoy]

Ethereum is indead new bitcoin. Bitcoin is big scam and tgere is no value in this currency. I think that soon ethereum will go above bitcoin because bitcoin price will fall and ethereum price will raise.

[Indianhitz]

Yes you are right you can start investing in ethereum for now and hold for long time as it has good scope comparing to other altcoins which are completely not good to use. Ethereum is really increasing in good speed and people are really liking it as it has strong bonding to other ICO's too which are depending on it. So it is the right time for investing in ethereum because now the supply for ethereum is not that much huge than demand.

[sic57005]

I don't think ETH will ever replace BTC since they are different in concepts. But in terms of market cap I think it is only matter of time for ETH to outperform BTC. ETH is far more technologically better and still pretend to be decentralized in comparison to all this ASIC-based stuff. One more group of scammy Bitcoin forks and you will see.

[DrYM]

The problem with Ethereum is that it does not have a max supply, but an infinite, making it a very inflationary coin.

That is not accurate. It would be true if coins were generated constantly at an even rate, but that is not true. Coins are generated at a logarithmic decreasing amount, so at some point production of new coins will almost come to a stop. I believe the number of 100m coins, but don't take my word for it, I saw an explanation by Vitalik somewhere.

[tony_b]

I think ETH is now due a decent run. 

[ninobtcx]

I wouldn't say it's gonna destroy Bitcoin, but Ethereum is fantastic because it has not only been out there for long time as the #2, but also has an actual use (differently from bitcoin) and in terms of usability is better than bitcoin and improving every day thanks to active developer team and side projects.
Wouldn't call Ethereum "The new BTC" but definitely the second best coin out there.