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Author Topic: For this reason, wouldn't ETH be the future of all crypto?  (Read 646 times)
MrPiggles
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July 17, 2018, 04:47:43 AM
 #21

Bitcoin is already 9yrs old.  ETH is only 3yrs old?  Look at the progress,  ETH might bypass BTC someday.
At this point, ETH technology can be much more developed than all the coins in the market, but people still choose Bitcoin because of this cradle of the market and the king of Cryptocurrency. I believe ETH only fit in 2nd place because if you buy ETH then you can join their platform especially can get token from the ICO project


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July 17, 2018, 09:17:09 AM
 #22

Obviously, their would be shit projects build on the etherum blockchain but that wouldn't make etherum less of what it is. Etherum would remain one of the best cryptocurrency in the crypto industry. The technology is great and the adoption is massive in my own opinion.
ericaltm (OP)
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July 17, 2018, 02:18:56 PM
 #23

For any ICO's that are created in todays date wont necessarily need to have ETH as the payment solutions. Now the time has changed and people can literally buy the ICO tokens during the ICO phase with other crypto currencies too as well as with Fiat too. May be this has divided the whole thing and thus ETH is not the preferred system to pay anymore as people know that Gwei fees and Gas fees are too high at the time of ICO sales. So we cat truly say that it is helping the ETH platform in anyways for that purpose.

This is very true, but after buying it your transaction cost is in ETH. Let's make an example. Over 20 years, there are a lot more ERC20 Tokens, this will keep the mining of ETH and the consumption of ETH in balance. Therefore, it will become a stable crypto that the people keep in equilibrium. This is just my stance, but of course there are other cryptos like NEO in the game that do more or less the same.

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July 17, 2018, 03:29:37 PM
 #24

there are many good projects under the Ethereum blockchain (ERC-20 tokens)

your whole argument is based on a flawed assumption that is wrong. there are not "good projects" and there can not be any good projects using this platform.
the idea of it is pretty awesome and in theory it looks great but when it comes to the real world there is absolutely no usage for them as we have been proven in years of shitty ICO one after another.

what you call "future" is now! ERC-20 tokens weren't created yesterday. ETH has been around for years and nothing has come out of it apart from pump and dump.

There is a FOMO brewing...
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July 17, 2018, 05:25:40 PM
 #25

What do you mean ETH would be the future of all crypto? smart contracts will be the most adopted feature from all crypto is that your point, well there's so many copycats of token creation support and stuff, as you've mentioned there's so many worthless ICO's on ETH blockchain to determine those scams and failures are not that easy to say, they have the brightest idea's and products that will cover their true identity.

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July 17, 2018, 06:16:45 PM
 #26

What do you mean ETH would be the future of all crypto? smart contracts will be the most adopted feature from all crypto is that your point, well there's so many copycats of token creation support and stuff, as you've mentioned there's so many worthless ICO's on ETH blockchain to determine those scams and failures are not that easy to say, they have the brightest idea's and products that will cover their true identity.
Your point is quite relevant. But Bitcoin is the topmost cryptocurrency in the crypto market and has the highest market capitalization. Ethereum, no doubt, is the second highest crypto currency after Bitcoin but its market capitalization is far less than Bitcoin. The difference between the market capitalizations of both the coins is huge and I don’t think so that a small transaction fee can eliminate that difference.
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July 18, 2018, 12:00:34 PM
 #27

I used to have the same idea but not anymore. The sad truth is that shit projects will remain there and people will continue to invest and buy things that they know nothing about because a random ico rating site gave a high score for that coin or their favorite youtuber spoke about it. so when you say ""figure out and simply not use them"" I honestly don't know what you're talking about because unless people get educated, they'll keep using them.
it is a common problem in our recent days and the cryptocurrencies market because people are usually following the fake news and opinions of other people instead of making a research.
ericaltm (OP)
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July 18, 2018, 02:59:36 PM
 #28

there are many good projects under the Ethereum blockchain (ERC-20 tokens)

your whole argument is based on a flawed assumption that is wrong. there are not "good projects" and there can not be any good projects using this platform.
the idea of it is pretty awesome and in theory it looks great but when it comes to the real world there is absolutely no usage for them as we have been proven in years of shitty ICO one after another.

what you call "future" is now! ERC-20 tokens weren't created yesterday. ETH has been around for years and nothing has come out of it apart from pump and dump.

I understand hat you are saying but like you disagree with me I will have to disagree with the statement you just made. It is not a matter if the future is now or tomorrow. I know that these projects were created a long time ago. But my point here is that there are more coming. I believe there are real projects as an ERC-20 token that can solve real problems

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July 18, 2018, 03:53:55 PM
 #29

Hi, first time I create a thread myself on BitcoinTalk!

I wanted to bring into the discussion if there are many good projects under the Ethereum blockchain (ERC-20 tokens) that have a potential for the future, wouldn't ETH become super important since it is what you pay as a transaction fee.

I know there are many shit-projects under the Ethereum blockchain, but I am not worried about those, because we (the users of crypto) will figure that out and simply not use them. But every now and then a great project arises that can give a lot of value to making solutions in the world. Just wanted to hear your opinion on this.
There are number of ICO under ETH blockchain and some become scam which decline it's value and public image but still it has potential to be one of the most profitable and valuable altcoin in future as many institutions will accept it as payment system under blockchain technology. With improved technology and new developments it's issues will be solved. The transactions fees are low but it's not a major point because still btc has its importance and faith in huge mass which cannot be underestimated and more investment will be made boosting it's price. So there can be competition between both these top most coins.

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July 18, 2018, 04:06:42 PM
 #30

ethereum is indeed the future of crypto money but to replace bitcoin ethereum takes a long time.
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July 18, 2018, 06:07:49 PM
 #31

Bitcoin is already 9yrs old.  ETH is only 3yrs old?  Look at the progress,  ETH might bypass BTC someday.
Progress based on value or market cap? It is a big space and for sure ETH could somehow bypass BTC but do not forget ETH also have some competition to deal with. It is a good thing that ETH is maximally used for smart contracts and the birth of tokens will always give it a good boost but as it is, any token can always get to rebrand anyways if you know what I mean.
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July 20, 2018, 03:55:58 PM
 #32

I think that being in charge of the bench is not a reason to be the Foundation of the future. ethereum company needs to come up with something, otherwise it will be bad for them
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July 20, 2018, 04:07:12 PM
 #33

I wanted to bring into the discussion if there are many good projects under the Ethereum blockchain (ERC-20 tokens) that have a potential for the future, wouldn't ETH become super important since it is what you pay as a transaction fee.
ERC20 tokens are running only on the Ethereum Blockchain and in order for them to be transferred, you must use ETH. There are some ERC20 tokens that have a potential for the future. Don't need to say because they are in the coinmarketcap already. It is not that super important for ETH because yeah you will buy ETH for your tokens to be transferred but take note that ETH has no maximum supply.

I know there are many shit-projects under the Ethereum blockchain, but I am not worried about those, because we (the users of crypto) will figure that out and simply not use them. But every now and then a great project arises that can give a lot of value to making solutions in the world. Just wanted to hear your opinion on this.
There are many ERC20 tokens that has potential but there are many shitcoins too and let them be. Don't worry about the shitcoins because it will waste your time. Give your time to the coins that you know can give you large profit and can give solutions to the world like you said. Just don't waste your time with shitcoins.

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July 20, 2018, 04:13:12 PM
 #34

Hi, first time I create a thread myself on BitcoinTalk!

I wanted to bring into the discussion if there are many good projects under the Ethereum blockchain (ERC-20 tokens) that have a potential for the future, wouldn't ETH become super important since it is what you pay as a transaction fee.

I know there are many shit-projects under the Ethereum blockchain, but I am not worried about those, because we (the users of crypto) will figure that out and simply not use them. But every now and then a great project arises that can give a lot of value to making solutions in the world. Just wanted to hear your opinion on this.
Yes, in the future I think the etherium will be very relevant, future ones will follow, I think that this currency is very important.
But how to properly invest in this currency is a question
You need to burn with the idea of trading and being very responsible
and only after creating a strategy - test and trade the etherium.)
Or do not be lazy to look for information about the trade: http://www.insiderport.com/
Or find something that will suit you
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July 20, 2018, 04:52:02 PM
 #35

I think that being in charge of the bench is not a reason to be the Foundation of the future. ethereum company needs to come up with something, otherwise it will be bad for them
well, we know that each coin has its own advantages and disadvantages. even bitcoin and ETH. I believe ETH is one of the coins that has the potential to replace bitcoin, but for now, bitcoin position is very difficult to replace by another coin...
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July 20, 2018, 05:29:06 PM
 #36

there are many good projects under the Ethereum blockchain (ERC-20 tokens)

your whole argument is based on a flawed assumption that is wrong. there are not "good projects" and there can not be any good projects using this platform.
the idea of it is pretty awesome and in theory it looks great but when it comes to the real world there is absolutely no usage for them as we have been proven in years of shitty ICO one after another.

what you call "future" is now! ERC-20 tokens weren't created yesterday. ETH has been around for years and nothing has come out of it apart from pump and dump.

I understand hat you are saying but like you disagree with me I will have to disagree with the statement you just made. It is not a matter if the future is now or tomorrow. I know that these projects were created a long time ago. But my point here is that there are more coming. I believe there are real projects as an ERC-20 token that can solve real problems
But really we don't use them in our daily life and chance of happening for now is really low so we are just using them for bump and dump.Maybe these tokens will have real life usage when all the people move to the crypto currency payment method but until that their developers will support that project?
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July 23, 2018, 07:49:59 AM
 #37

Obviously, their would be shit projects build on the etherum blockchain but that wouldn't make etherum less of what it is. Etherum would remain one of the best cryptocurrency in the crypto industry. The technology is great and the adoption is massive in my own opinion.
This isn’t about eth only. Rather almost every coin that is being transacted in this time, have got some shit projects that are just waste. You can’t just share your investment in there because it is solid loss for you. Why we lose money in such projects that doesn’t have anything interesting. You have to become so strongly condemn such projects and make sure you are selecting right ones.
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July 23, 2018, 08:13:50 AM
 #38

I don't think that ethereum is the future of cryptocurrencies and we can see that most of the scammers are using ethereum contract to create scam tokens.  This is actually affecting ethereum and it will ever remains limited because of this.  Another thing that I think will affect ethereum is the dominant of bitcoin on the market.
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July 29, 2018, 03:26:23 PM
 #39

I don't think that ethereum is the future of cryptocurrencies and we can see that most of the scammers are using ethereum contract to create scam tokens.  This is actually affecting ethereum and it will ever remains limited because of this.  Another thing that I think will affect ethereum is the dominant of bitcoin on the market.

Wouldn't you say that when people realize they are a scamcoin they leave the project? Think projects like bitconnect... People leave the useless projects and move to things they think work, rinse and repeat

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July 29, 2018, 04:13:41 PM
 #40

If new ICO projects continue to work on the Ethereum platform and do not switch to their tokens, then Ethereum will definitely grow by a hundred or maybe a thousand times in a few years. But they never beat the bitcoin.
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