Ethereum as a store of value coin.

[arthurgrand]

Well since bitcoin is there, most people will continue to use bitcoin as a store of value like gold and basically that's why bitcoin has that much dominance.

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[spain cool]

No, you are definitely wrong. People usually use Ethereum rather than Bitcoin. That's why ETH blockchain are currently overloaded with many transactions. While Bitcoin is mostly just bought by people for trading instead of using it.

[duc4487]

Ethereum is a strong coin and it can be used to buy another one. Even though it is can be store as an utility coin but as its value keep rising then people would like to use it to trade.

[Wicked Sick]

There's nowhere mentioned that Ethereum should be used as a utility coin only, it is a decentralized currency and a person is free to use it as he sees right. The store of value is just a byproduct of hodling the coin. If you don't want the increase in price than you can just burn your token.

[jpaul]

The value attached to ETH. Is just enough to make it act as a store of value,. It's the second most valuable coin and can can comfortably be used to store wealth as it's just as effective. As much as every crypto can be used to  as a storage of value,, ETH, is one of the best there is and the fact that it's considerably stable hence reducing the chances of losing value

[tsagaeff.m]

Ethereum is first of all a cryptocurrency and you should not forget about it,but at the moment all crypto-currencies are assets.

[Tiger750]

More of a vessel for transfer

[DavidSurf]

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.

Yes, I think Ethereum if it attained transaction speeds close to Visa and had a platform useable, not bogged down by the number of applications, then it would truly be a formidable product.

[Rahees]

I’m trading with ETH too. But I think that ETH has a great potential for every move on the market, as for trading, and as for holding or jus investment.

[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.

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.

That's a great point re: constant auditing of Ethereum blockchain. Yes, there are plenty of DAPPs running on ETH and plenty of platforms started as ERC-20s.

[DarrinEspacio]

Actually this is not a big deal. Crypto currency acting as a store of value can be acted as a utility token or coin. Both are same just different from the perception. Moreover it is the wish of the investors how will they use this. Now most people are using crypto currency as a measure of investment.

[danherbias07]

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.

If it is trading then it is not in store. It is being used just for a different method.
Another usage is the means to buy other coins. Bitcoin and Ethereum are the most used for buying ICO tokens and also user to user trades. It is still way faster than any tokens that came out there which is just copying everything from bitcoin and ethereum.
It is still way better to use the pioneer and trusted than risk it for a scam coin.

[armchair-84]

ethereum remains as a base of leading projects developing on their platform, but in cryptoworld it is considered that bitcoin is a store of value, as I get it right

[Kiefner]

I don't know, personally I prefer to use Ethereum as a means of payment for something and also I invest in projects with the help of this coin.

[holigans]

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 so because you also know Ethereum itself has a good growth and can transact quickly and not too expensive it so many people who trust Ethereum as a valuable and safe deposit coin, and in addition, Ethereum also called with Altcoin is best after Bitcoin

[Adamant06]

I don't know, personally I prefer to use Ethereum as a means of payment for something and also I invest in projects with the help of this coin.

For me etheruem as a store of value coin its not imposible,why not? People like us are mostly pay ethereum during a token sale. So as long as ethereum is useful it is good. The more it can be use then the more project can develop.

[rumoo42]

This is a good idea, because the usdt on the market is always attacked, and if it is internally problematic or stolen, then the project will fail and its assets will be gone, so it is wise to hold the ether.

[cherryscarlett]

Therefore, one of the problems that ETH needs to solve is the throughput problem. Although many people use ETH as the tool of ICO, the ETH community is improving ETH.

[kevincandra]

basically in the world cryptocurrency is about speculation. live how we can use it. in fact some people more often use cryptocurrency as a store of value or as an investment tool. bitcoin is a store of value but is not used or offers utility use to the token holder because Bitcoin does not have a smart contract, And this is meant for peer-to-peer transactions, and on the other hand ethereum is a utility platform, most ICO makes utility coins as a storage value using platfrom ethereum. and has been proven from all coins that ethereum is stronger than other coins. Many other coins claim technically if ethereum is better in the use of ICO than other coins. ethereum remains the base currency for all those who invest in the development of Blockchain.

[AnthonyLa]

this is nothing new. crypo currency were used and are still being used as utility token or coin other than only as a means of storing value. also, it is up to the investors desires or will, how they feel like using their coins as long as it is ethical.