mfarrukh (OP)
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February 17, 2018, 06:50:57 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
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jrrsparkles
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February 17, 2018, 06:53:28 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
I don't think so in my opinion because the king will be always the king no matter of how many better persons in their country. But the ethereum may lead the bitcoin in terms of coinmarket cap value in the future but I don't think it will happen in 2018.
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xderek
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February 17, 2018, 07:08:04 AM |
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I hope Bitcoin goes side ways, as is supposed to be the steadiest, while others just flourish.
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alia
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February 17, 2018, 07:17:49 AM |
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ETH is amazing and extremely functional, but nothing will replace BTC as king crypto in the short to medium term for multiple reasons. ETH is also far more centralized both technically and ideologically.
It'd be fun to shoot Vitalik in the head and watch the price of ETH.
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Lowest interest lending in bitcointalk history. https://bitcointalk.org/index.php?topic=2846750.0
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nullius
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February 17, 2018, 07:25:24 AM |
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ETH is amazing and extremely functional, but nothing will replace BTC as king crypto in the short to medium term for multiple reasons. ETH is also far more centralized both technically and ideologically.
To that, I will simply quote myself from recently: This needs to be in a stickied FAQ somewhere: Just my 2 Satoshis: I've disliked Ethereum ever since their one Unique Selling Point ("code is law" for smart contracts) got thrown out of the window after The DAO failed so hard they had to abandon their core principles and hardfork to get their money back. It proved that smart contracts are worthless if you don't understand them, which makes them worthless for almost everybody. In the case of The DAO, even the developers didn't understand the code, the only person who understood it was called "the attacker". Ironic!
In the abstract, what the so-called “attacker” did was no different than a smart lawyer finding a gaping loophole in a contract. It was fully authorized use of a computer network in the exact manner which the network was declared to be intended. Per the legally binding terms of the DAO: “The terms of The DAO Creation are set forth in the smart contract code existing on the Ethereum blockchain at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413. Nothing in this explanation of terms or in any other document or communication may modify or add any additional obligations or guarantees beyond those set forth in The DAO’s code.”Following those terms was not an “attack”. It most certainly was not a “theft”! It was only the fully foreseeable result of declaring that “code is law”, and then writing low-quality code-law with unknown, unverifiable properties. If you dare do that because you want a flashy media event with bucketloads of investor money suddenly pouring in, then prepare yourself for your doom by meditating on the cosmic (and comic) inevitable consequences: This is why I am so enamoured with the Bitcoin Simplicity concept, which I linked to above. It is serious research with the goal of producing mathematically provable contracts. We need advanced smart contracts which have no code-loopholes, just as verifiably as “2+2=4” has no loopholes. For in Bitcoin, code truly is law. In Bitcoin, there shall never be the disgusting sham of a so-called “ irregular state change”. In Bitcoin, there is no central authority with the ability to mandate such a thing! (I do think that centrally managed pretenders with mathematically unverifiable “smart” contracts are fully suitable for use as toys, such as CryptoKitties.)
It'd be fun to shoot Vitalik in the head and watch the price of ETH.
Ethereum is centralized, as demonstrated by Vitalik’s ability to command that “irregular state change”. Among other things, I believe that is called a “single point of failure”.
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alia
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Lowest EVER interest lending! (Use escrow always)
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February 17, 2018, 07:28:54 AM |
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ETH is amazing and extremely functional, but nothing will replace BTC as king crypto in the short to medium term for multiple reasons. ETH is also far more centralized both technically and ideologically.
To that, I will simply quote myself from recently: This needs to be in a stickied FAQ somewhere: Just my 2 Satoshis: I've disliked Ethereum ever since their one Unique Selling Point ("code is law" for smart contracts) got thrown out of the window after The DAO failed so hard they had to abandon their core principles and hardfork to get their money back. It proved that smart contracts are worthless if you don't understand them, which makes them worthless for almost everybody. In the case of The DAO, even the developers didn't understand the code, the only person who understood it was called "the attacker". Ironic!
In the abstract, what the so-called “attacker” did was no different than a smart lawyer finding a gaping loophole in a contract. It was fully authorized use of a computer network in the exact manner which the network was declared to be intended. Per the legally binding terms of the DAO: “The terms of The DAO Creation are set forth in the smart contract code existing on the Ethereum blockchain at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413. Nothing in this explanation of terms or in any other document or communication may modify or add any additional obligations or guarantees beyond those set forth in The DAO’s code.”Following those terms was not an “attack”. It most certainly was not a “theft”! It was only the fully foreseeable result of declaring that “code is law”, and then writing low-quality code-law with unknown, unverifiable properties. If you dare do that because you want a flashy media event with bucketloads of investor money suddenly pouring in, then prepare yourself for your doom by meditating on the cosmic (and comic) inevitable consequences: This is why I am so enamoured with the Bitcoin Simplicity concept, which I linked to above. It is serious research with the goal of producing mathematically provable contracts. We need advanced smart contracts which have no code-loopholes, just as verifiably as “2+2=4” has no loopholes. For in Bitcoin, code truly is law. In Bitcoin, there shall never be the disgusting sham of a so-called “ irregular state change”. In Bitcoin, there is no central authority with the ability to mandate such a thing! (I do think that centrally managed pretenders with mathematically unverifiable “smart” contracts are fully suitable for use as toys, such as CryptoKitties.)
It'd be fun to shoot Vitalik in the head and watch the price of ETH.
Ethereum is centralized, as demonstrated by Vitalik’s ability to command that “irregular state change”. Among other things, I believe that is called a “single point of failure”. The DAO is a great example that proves that ETH is in a way centralized, but I still think that the failure of one badly-written smart contract shouldn't be used to judge all smart contracts. I've seen many contracts that are written well and work flawlessly, and they can prove to be quite handy.
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Lowest interest lending in bitcointalk history. https://bitcointalk.org/index.php?topic=2846750.0
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Nabilog
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February 17, 2018, 08:05:02 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
This wouldn't happened. BTC foundation predicted that the BTC will reach $40K at the end of 2018.
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Brito
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February 17, 2018, 08:11:45 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
I think that Ethereum has a very good chance of shifting BTC from the leadership of the crypto market, but that will not happen this year. The earliest next year I think.
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Samarkand
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February 17, 2018, 08:19:52 AM |
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ETH is amazing and extremely functional...
How did you arrive at this conclusion? The only thing where Ethereum really excels is facilitating various scams and money grabs. Ethereum is faced with several computer science problems that haven´t been solved in decades and are possibly unsolvable. If you are interested in the details take a look at the following article: https://medium.com/@muneeb/the-road-ahead-for-ethereum-b5b090bcd1aEthereum, in my view, has taken on at least three hard Computer Science problems. It’s unclear if any of them can be solved in a practical sense. What’s worse is that the broader Ethereum community believes that Ethereum already has the solutions or is close to having them. Besides, Ethereum is the epitome of a product that is largely based on marketing and hype, which is diametrically opposed to the development process of Bitcoin in its initial stages. I don´t recall Satoshi doing a token sale or being active on Twitter. Ethereum is doomed to fail and the only remaining question is when it will fail. By "fail" I mean being a "ghost blockchain", because as we have seen with numerous shitcoins no altcoin really dies, but rather lingers on for a fraction of its former value.
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Aminmon
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February 17, 2018, 08:19:58 AM |
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I don't think ETH will go beyond BTC to become king. Because there are many ICO projects based on ETH, BTC is recognized by all countries, and this is the most important point.
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Gontxi
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February 17, 2018, 08:24:08 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
no, bitcoin will remain the leader of all crypto, I believe it. because after all bitcoin is always used to be the first transaction tool in investing and trading on crypto.
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muhammedb
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February 17, 2018, 08:27:51 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
I think that Ethereum has a very good chance of shifting BTC from the leadership of the crypto market, but that will not happen this year. The earliest next year I think. yes its true that Ethereum has all the potentials to take over the market from bitcoin, but i dont see that coming soon, because the gap is still much and bitcoin investor are all ready to push it high. so ethereum will take over but it will take time.
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gaby0312
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February 17, 2018, 08:29:04 AM |
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In my opinion, even if Etherium is doing amazing, Bitcoin is and will stay the leader of cryptocurrencies. There can't be two Queen B.
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Mylenesiat
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February 17, 2018, 08:29:21 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
i dont think so in my opinion bitcoin will always be the first and other will only be second . what i want to know is if ethereum will still be the second this year because there a lot of new coins that have the same thing that ethereum can offer like smart contract with faster transaction speed and no bloat
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tora
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February 17, 2018, 08:34:10 AM |
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How many people,not hust those that have bought crypto, have heard of bitcoin compared to ether? Media publications tend to focus on bitcoin and miss mentioning other cryptos. Only if media can introduce ether to new investors will it surpass bitcoin.
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Sithara007
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February 17, 2018, 08:41:30 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
Bitcoin will lose its dominance, if the scaling issues pop up again. Last time (in December), it was quite serious, and the users were paying as much as $100 as transaction fee for a single transaction. But it is difficult to predict who will gain from this. Ethereum is not the only potential competitor for Bitcoin. There is strong challenge from Bitcoin Cash as well. And I can see a few more competitors down the lane, such as Litecoin, Stellar Lumens, Monero, NEM, and NEO.
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yudhistira
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February 17, 2018, 08:47:01 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
I think Bitcoin will remain a market leader both this year and the next few. There is still no coin to replace it as a market leader.
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kueyen
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February 17, 2018, 08:52:22 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
Bitcoin will lose its dominance, if the scaling issues pop up again. Last time (in December), it was quite serious, and the users were paying as much as $100 as transaction fee for a single transaction. But it is difficult to predict who will gain from this. Ethereum is not the only potential competitor for Bitcoin. There is strong challenge from Bitcoin Cash as well. And I can see a few more competitors down the lane, such as Litecoin, Stellar Lumens, Monero, NEM, and NEO. Hopefully this will become a thing of the past when lightning network gets implemented. People say that the bitcoin price last December was becoming bubblish and that's why it imploded, but I think the scalability issues played as important a role. Hopefully we never experience congestion like that again.
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Rrotess
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February 17, 2018, 08:59:44 AM |
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The BTC has been dominating the market so far. Will Etherium change the game in 2018? Will it beat BTC in 2018?
Well the value of Btc now was increasing again and I'm so happy about that happened.Bitcoin is always number one and I don't think this year the Ethereum will be surpass.But I will supportive of this two crypto coins because as imagine ther price is much higher that other crypto coins in coinmarkrtcap list.
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sirkings0003
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February 17, 2018, 09:06:55 AM |
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From the look of things, bitcoin will continue to lead for the rest of the year, 2018. However, ethereum will cover a lot of grounds in catching up with bitcoin. The reason is that bitcoin is still seen as a major means of payment while ethereum is seen as a means of token investment majorly.
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