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Author Topic: For this reason, wouldn't ETH be the future of all crypto?  (Read 643 times)
entrepmind23
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August 22, 2018, 12:26:09 AM
 #61

There is a bigger chance that ETH will be the future of all crypto if its purpose is the same as bitcoin which is a digital money. I was using coins.ph wallet in storing all my coins like BTC, ETH, BCH, and RIPPLE. I tried once to pay bills over the internet using ETH instead of BTC. But for some reasons, I can't use ETH instead PHP and BTC are the only available options to be used in paying bills. I'm looking forward that someday ETH will be used also as a digital money more than its original used as a platform based on blockchain technology that enables developers to build and deploy decentralized applications.

I think it would be just up to the platform if they would accept ETH as a payment option or not because I believe that if they would just tweaked the system for a bit, you can use ETH as payment option because they can still convert it to your currency anyway. Other platforms though accept ETH as payment option because it is cheaper than BTC most of the time as there are times when it becomes expensive when the network is clogged.

Actually you are right lack of good projects impels ethereum inferior 300$. Most part of investors consider that ethereum is being manipulated by whales now but I think there are much more objective reasons why ethereum is so weak. You have noticed  brilliantly that there are almost no worth projects which use ethereum and, of course, it is effecting on ethereum badly. I really hope this situation will be changed in the better way soon, maybe in the autumn when people come back from vacations. Anyway I have invested in ethereum and I consider 300$ or even lower is a very low price where investors should buy ethereum

Having an easier way to just have a token without regulation just makes the scammers have more opportunity to scam people hiding behind those paid whitepapers, websites and other things needed to implement an ICO that would let them raise funds and run away with it. There are genuine ERC-20 coins that has good projects but because of those scam ones, maybe half of them or more, it has tarnished its reputation.

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August 22, 2018, 02:14:49 AM
 #62

Many big company used Ethereum blockchain to write smart contract and to create ERC20 token, like CyberMiles, Omisego and BAT browser. And all of that project was successfully given big profit to their investor. But also many third party use it to make fraud, so we should be looking for solution together to solve this problem. Can be ICO regulation is one of the that solution.

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August 22, 2018, 02:39:10 AM
 #63

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.

For now no one can supersede Bitcoin not even the Ethereum because Bitcoin already build a deep foundation of trust among the people as most trusted crypto investment in which it doesn't need a commodity to attract more people to invest. Except if Vitalik Buterin will be successful to increase the transaction speed of Ethereum of up to 1 million per second then maybe Bitcoin will be replace because more and more ICOs will use the Ethereum platform to their investments.
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August 22, 2018, 03:04:33 AM
 #64

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.

For now no one can supersede Bitcoin not even the Ethereum because Bitcoin already build a deep foundation of trust among the people as most trusted crypto investment in which it doesn't need a commodity to attract more people to invest. Except if Vitalik Buterin will be successful to increase the transaction speed of Ethereum of up to 1 million per second then maybe Bitcoin will be replace because more and more ICOs will use the Ethereum platform to their investments.
Yeah any technology that makes Ethereum better, but bitcoin has established a very deep foundation as the main cryptocurrency and everyone recognizes that and high trust to bitcoin, even though many people use the Ethereum platform for their ico investment but of course many of them also save bitcoin as their main investment
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August 22, 2018, 08:19:32 AM
 #65

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.

For now no one can supersede Bitcoin not even the Ethereum because Bitcoin already build a deep foundation of trust among the people as most trusted crypto investment in which it doesn't need a commodity to attract more people to invest. Except if Vitalik Buterin will be successful to increase the transaction speed of Ethereum of up to 1 million per second then maybe Bitcoin will be replace because more and more ICOs will use the Ethereum platform to their investments.
Yeah any technology that makes Ethereum better, but bitcoin has established a very deep foundation as the main cryptocurrency and everyone recognizes that and high trust to bitcoin, even though many people use the Ethereum platform for their ico investment but of course many of them also save bitcoin as their main investment
Ethereum will overthrow Bitcoin in the future. Because of the growing use of ETH, over 50% of Altcoins are using Ethereum's platform
In fact, Ethereum is also instrumental in creating trading pairs for most altcoin, but it will also refund future gas costs as distribution applications and smart contracts increase.
ETH can take a long time to reach a higher price than it is now, which could be vulnerable to fluctuations that could even drag down prices. However, the price above $ 1,000 may very likely return to ETH.
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August 22, 2018, 09:18:42 AM
 #66

i agree with the op .  etherium is not really the future of all cryptos because bitcoin is the real one  that is the future of all cryptos . not just cryptos but also to all types and kinds of payment system and currencies .

Etherium and other coins are only following the path of bitcoins , so how can someone say that etherium is verry powerful and much better than bitcoin ? Hmm? They must  be blinded by the truth .
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August 22, 2018, 10:07:22 AM
 #67

As wonderful as Ethereum platform is, there is still many issues of concern around the Ethereum platform.  The scalability is one issue that is of uttermost importance if Ethereum is getting to it's full potential.  You will see that many successful project are moving to their blockchain after using ethereum platform to raise fund,  this is a sign that ethereum need to seat up!

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August 22, 2018, 10:53:53 AM
 #68

The future of cryptocurrencies does not belong to any type of coin (including bitcoin). I think it's the blockchain application that is better able to push the development of cryptocurrencies, not these coins!
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August 22, 2018, 11:57:51 AM
 #69

I have already heard about some village in Japan that is integrating cryptocurrency in general and specifically Ethereum to be a payment method in their area, instead of regular one.
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August 22, 2018, 12:03:05 PM
 #70

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.

Ethereum can become a layer  (as the Internet in 1998) based on which good businesses will appear. Of course, 80-90% of the start-ups build on ethereum blockchain will die but 10-20% will survive (as it was in 2000x with Amazon and other survivors)
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August 22, 2018, 12:59:03 PM
 #71


I think the greater the likelihood of bitcoin is greater than all crypto coins because the bitcoin only has the largest suction supply and the bitcoin is much more known in ethereum.
Indeed, I don't see Ethereum as the king of the cryptocurrency as it just always follow the bitcoin's movement or behavior in the market. Bitcoin will still be the number 1 in the market and so the ethereum will just follow to it, there is no way i can see ethereum would lead the market since most of the projects are ETH based.

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August 22, 2018, 02:43:15 PM
 #72

It makes ethereum really important and quite the king of all altcoins and even make people use eth-alts on exchanges instead of btc-alts but still bitcoins huge affect on news media and papers and almost everywhere type of reach is so high that it would require a lot more to catch bitcoin than you might think.

For example people who get into ICO and invest into some new coin with their ethereum tokens and what not are already interested people, they know bitcoin, they know ethereum, they know what ICO  they are investing and so forth, they are already in the market. However there are a lot of people who have heard about bitcoin and never heard about ethereum in the world, the elderly and the unitiated all heard bitcoin but not eth.
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August 22, 2018, 04:21:31 PM
 #73

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.
In theory you are correct, but that is the problem it is only a theory, ETH has made easier for scammers to create projects without any value, and a group of developers that have the necessary requirements and talent in order to create a project that is actually useful do not need to do it in top of another coin, they can create their own blockchain and create their own code and market their project, so the developers ETH is supposed to help do not really need that help at all.
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August 23, 2018, 11:32:47 AM
 #74

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.
In theory you are correct, but that is the problem it is only a theory, ETH has made easier for scammers to create projects without any value, and a group of developers that have the necessary requirements and talent in order to create a project that is actually useful do not need to do it in top of another coin, they can create their own blockchain and create their own code and market their project, so the developers ETH is supposed to help do not really need that help at all.

The problem is not on ETH (or any other blockchain) - the problem is that there are still no good applications of blockchain technology in real life. Most businessmen don't understand why blockchain should be applied if the currently used soft works accurately.
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August 23, 2018, 04:29:07 PM
 #75

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.
Ethereum is a great platform and the technology of enabling people to develop smart contracts has made Ethereum one of the top most used blockchain platform all over the internet. This has created a positive impact on the price of ether. No doubt that Ethereum will be further developed in the future and with that there will be many more projects that will be developed over the Ethereum platform. Hence the price of ether will surely increase a lot in the future.

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August 23, 2018, 04:58:17 PM
 #76

I think ethereum blockchain in my opinion will not be able to become the future of all cryptocurrency because I think ethereum is still inferior to bitcoin, not only that, the demand and total supply of ethereum is also very much making it difficult for ethereum to become the future of all cryptocurrency.

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August 23, 2018, 05:12:59 PM
 #77

We should wait some time and see if another competition won't surpass ETH, I'm talking here about projects like EOS and NEO wich have faster transaction speed, and are more advanced overall.
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August 23, 2018, 08:18:29 PM
 #78

I think ethereum blockchain in my opinion will not be able to become the future of all cryptocurrency because I think ethereum is still inferior to bitcoin, not only that, the demand and total supply of ethereum is also very much making it difficult for ethereum to become the future of all cryptocurrency.

I agree, with how the ETH platform have been used by so much Erc20 tokens and numbers of development in the ETH blockchain, It must have been surpassed Bitcoin by now, but no it didnt. Also, the growing supply deprives the capability of ETH.
I just dont see any valid reasons why some people says ETH could dethrone Bitcoin, when its clearly not even close could ETH touch Bitcoin with its current position.
Infact, as you can see the current price condition of the ETH, it is one of the most dumped coin these days, sitting at $270 at this very moment.

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August 23, 2018, 11:50:30 PM
 #79

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.
I think you should not buy and invest in ETH, you can see that the market is constantly fluctuating and difficult to guess, bitcoin prices are constantly adjusting and fluctuating very strong, so to be able to Successful trading is very difficult, bitcoin prices will likely continue to fall sharply and ETH's price will continue to fall deeper. At present, ETH is adjusting around 200 $ so it is very risky if you continue to invest in ETH.
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August 24, 2018, 07:08:07 AM
 #80

all people have their own judgments and win each other the coins they hold, even though in ico it is not a bit that eventually becomes a coin that is useless because of fraud from the ico developer, so in my opinion all coins have potential that depends on investors' interest in their project
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