Ethereum as a store of value coin.

[DavidSurf]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

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[CryptoBry]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

Any cryptocurrency or token can be used as a store of value and utility token at the same time, actually. And in a normal market, there will always be differences on how we are using cryptocurrency. The reality is that in today's cryptocurrency dynamics, people are more often than not using cryptocurrency as a store of value or as a tool of investment rather than the other way around. There is the question if cryptocurrency can be more valuable and can have greater market if they are used in our everyday lives and I think that this can be true and for that to happen there must be a good and reliable infrastructure that anyone can use. Anyway, the cryptocurrency story is still relatively young and it is actually just developing soon a time when come when it can be more mature a different picture can then be emerging as to its use and function.

[iconoclast]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

What you say about Ethereum applys to all other coins to an even greater degree. 94% of the ICO's conducted in the last year were done on the Ethereum Platform. Of all the coins it has a stronger case of real world use than any other Coin, even Bitcoin. A lot of other coins claim to be technically better but none of them have a proven use case better than Ethereum. Ethereum remains the base currency for all those that invest in the development of Blockchain.

[Endikadija]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

You can try to create an asset use ethereum, There are some people are using ethereum to playing the dapps game in the platform. So, have you ever seen the bitcoin will be used or offer the utility usage to the token holders? Crypto is about a speculation and then i think that it looks very similar.

[DavidSurf]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

You can try to create an asset use ethereum, There are some people are using ethereum to playing the dapps game in the platform. So, have you ever seen the bitcoin will be used or offer the utility usage to the token holders? Crypto is about a speculation and then i think that it looks very similar.

I don't quite follow. Maybe I can clarify, please bare with me as I start from what we can agree on--
Bitcoin is a store of value. People use Maslow's Hierarchy to justify the tulip bubble theory, which is fine, it is speculative and the users drive the price. But Bitcoin doesn't have smart contracts, no? And it was meant as for peer-to-peer transactions, but with no utility other than that I believe.

Ethereum on the otherhand is a utility platform and meant to build DAPPs, people use Solidity to build with Ethereum. So it has a use. So I suppose my point would be I find it kind of backwards when a utility coin is treated as a store of value, it defeats the purpose a tad and slows down innovation. And yes, most ICOs create utility coins as a store of value, but I'm trying to find the value of that concept is what I'm driving at. If there was a fixed/ stable value for Ethereum or any platform can that be more beneficial?

[butka]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?

If the value of the coin rises (along with its transaction fees), than it makes no sense to be used as a utility coin. It will become a store of value, similarly to what bitcoin is destined to be.

But Bitcoin doesn't have smart contracts, no? And it was meant as for peer-to-peer transactions, but with no utility other than that I believe.

Bitcoin has no on-chain smart contracts due to security reasons, but it has off-chain solutions for that.

Ethereum on the otherhand is a utility platform and meant to build DAPPs, people use Solidity to build with Ethereum. So it has a use. So I suppose my point would be I find it kind of backwards when a utility coin is treated as a store of value, it defeats the purpose a tad and slows down innovation.

I don't think Ethereum can ever become a store of value in the sense Bitcoin is. Ethereum is a crypto-asset designed to fuel the ETH platform, and given the current situation with these ICOs, it would have to struggle in the future to maintain its value even where it is now.

[jonalva]

I think you can use all cryptocurrency for both trading purpose and utility. Many investors are using ethereum for utility by participating on gaming platforms. Hope this helps.

[DavidSurf]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?

If the value of the coin rises (along with its transaction fees), than it makes no sense to be used as a utility coin. It will become a store of value, similarly to what bitcoin is destined to be.

But Bitcoin doesn't have smart contracts, no? And it was meant as for peer-to-peer transactions, but with no utility other than that I believe.

Bitcoin has no on-chain smart contracts due to security reasons, but it has off-chain solutions for that.

Ethereum on the otherhand is a utility platform and meant to build DAPPs, people use Solidity to build with Ethereum. So it has a use. So I suppose my point would be I find it kind of backwards when a utility coin is treated as a store of value, it defeats the purpose a tad and slows down innovation.

I don't think Ethereum can ever become a store of value in the sense Bitcoin is. Ethereum is a crypto-asset designed to fuel the ETH platform, and given the current situation with these ICOs, it would have to struggle in the future to maintain its value even where it is now.

I agree.

[Gogochen]

At present, the block chain and ETH ecology are developing.
If the throughput of ETH improves substantially, then I think ETH will be the best project.

[Victorheywhy]

Ethereum is a very great coin which serves as a store of other value coins, which is really a great idea. That's why I prefer Ethereum over Bitcoin because bitcoin does not have on-chain smart contracts, which may be due to security reasons. Ethereum still remains my best coin above all other coins.

[aervin11]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

That's the magic of cryptocurrency, it's like buying a stock you could use whatever it may save you. The fact that all of the coins are being used as utility and getting high store value because of it's demand and fix supply, maybe there is nothing wrong with that. Hence, it is one of the best use cases of blockchain.

[covfefe_]

They are doing it both. The only limitations would be the transaction speed and fees. When Ethereum achieves both high speed and low fees, it can be parallely used as a utility as well as trading coin.

[electronicash]

it fuels the transaction which makes it a utility but since most of us wants to profit due to its high demand traders are buying ETH to earn. its both. you can store your wealth on it and you can use eth if you are sending tokens to elsewhere. this is why ether is a good investment as over time you profit.

[Lindazz]

This is the current problem, most of the time people only use ETH for transactions.
So they don't really want to use ETH.

[Augustyusuf]

i agree, nowadays etherium mostly used for making invest like hold them, or used them for buying some ico sale and for gas wallet, but i think etherium more usefull rather than bitcoin.

[Saisher]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

I think you should widen your scope on ethereum, trading and using are the same thing as long as you trade if you are using it's fee it's private key and anything associated with it, there are already companies using Ethereum don't know where you get that idea.

[indopool]

Today, the chain of blocks and projects based on Ethereum are growing.
Although the current price of Ethereum is falling, but still many people believe if Ethereum will rise again when the market recovers. If Ethereum throughput increases substantially, then I think Ethereum will be the best project, and impact on Ethereum price increase.

[realaccountakira]

If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.

I actually beg to differ, people buying Ethereum are probably using it for decentralized applications that are already being run on the ETH blockchain.

Going back to your topic, Ethereum can also be used as a good store of value because all indicators point to it's value going nowhere but upwards. There is only innovation and enhancement ahead of the Ethereum blockchain and there is very little chance that some obscure little bug would be found in the code or some other catastrophe because of the sheer number of people constantly auditing the Ethereum blockchain and it's protocols.

[Gab23]

It is used in the operation of ethereum blockchain. Just more than that the exact concept of etherum is smartcontract. Operate smartcontract needs eth. This means that the demand of eth will be sustainable. Also, people favor bitcoin in purpose of store of value

[OLX]

Considering Ethereum is the top 3rd trading pair next to USD and BTC, I would say it's a great storage of value coin. Long-term at least. Maybe not in the short run