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Author Topic: what is the future of btc and eth?  (Read 4395 times)
ohyeahhaha122 (OP)
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August 25, 2019, 06:17:05 AM
 #1

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones

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August 25, 2019, 09:21:26 AM
 #2

I believe that in the coming years there will be a great future for cryptocurrencies and tags will be heavily used in communities
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August 25, 2019, 09:56:17 AM
 #3

because there are no "more advanced coins". there are only hot air and advertisement filled with lies about "more advanced coins" where in reality they are either copies of bitcoin doing the exact same thing but poorly, or they are different  but that same difference means they are weaker and have less security or in most cases more centralization.

so yeah, i also think that better things will replace the old ones but it will take at least another decade if not more to see a real "better thing" that is not just some bullshit coin trying to rip you off and become rich from your lack of technical understanding. example? etherum and the entire year of advertising "flippening". now it is nearly dead.

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August 25, 2019, 09:57:33 AM
 #4

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones


Higher transfer rates, what do you mean? Fee for transaction? Or you mean transactions per second?

TPS is easy to do. There's been dozens of altcoins with hundreds of tps years ago, Litecoin is an example. Only problem is, they're not as secure. So Bitcoin may only need 1 confirmation but Litecoin maybe needs 7 confirmation. So in the end, you're talking about the same thing.

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August 25, 2019, 10:39:36 AM
 #5

I can't understand your thread 100%, but BTC and ETH are doing good
There are tons of coins, and if they are in the top, they are the best ones for now
Another coins have good projects too, no doubts, but price or fees are not the only things that matter
BTC and ETH are reliable, solid, have a huge dev and community support

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August 25, 2019, 10:43:15 AM
 #6

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones

It does not seem to be a true prediction. At least for now,  the tendency is that Bitcoin is getting all of the attention even though the fees are high, and alts that may cost nothing to use are dying. Because transaction fees are not the most important thing. People choose what's popular, what is more frequently used, what is more stable. It's risky to use a cryptocurrency like doge that works fine for now but does not have a dev team. Such coins can have critical bugs and you'll regret you were greedy to pay a couple of dollars for something reliable.

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August 25, 2019, 11:04:06 AM
 #7

If you're asking about the future of Bitcoin and Ethereum, there's a lot of opportunity coming for them every time they keep existing.

So basically, we don't know the exact and specific details about their future but we knew that it will be a huge and good future especially for us who supports them.

If you're aware of the technology itself which is blockchain, you'll know that this advanced technology has a good future and It will help us to develop our society and especially our economic rate, I hope our government study about it.

..........Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones

It does not seem to be a true prediction. At least for now,..........

It might happen, bitcoin and other leading coins will be replaced but it's way too far and has a low probability. So chill, we know that bitcoin will still reigns for a long time. Shitcoins can't replace the leading coins in the market.
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August 25, 2019, 01:55:47 PM
 #8

As the top 2 coins in terms of marketcap, Bitcoin and Ethereum I think have a good future ahead. Ethereum are releasing Ethereum 2.0 early next year where you can stake if you are holding a minimum of 32 ETH.

Bitcoin?? I think we know already the future of it Smiley. Just buy and hold Bitcoin if you really trust it and you think it will increase in the next years.

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August 25, 2019, 02:34:23 PM
 #9

As the top 2 coins in terms of marketcap, Bitcoin and Ethereum I think have a good future ahead. Ethereum are releasing Ethereum 2.0 early next year where you can stake if you are holding a minimum of 32 ETH.

Bitcoin?? I think we know already the future of it Smiley. Just buy and hold Bitcoin if you really trust it and you think it will increase in the next years.

I think it's impossible for us to know the future of bitcoin since we have to consider the blockchain if they will develop it to be prolonged. Bitcoin was very dependent on the technology, the future of bitcoin depends on its network.

What if there's a coin that has a similar network but fastest of them all?
What we will react or do on that kind of scenario?

What if we buy bitcoin today and the network crashed because of some technology hindrances?
There's a lot of question that is popping on my mind if bitcoin will still exist when we get older.
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August 25, 2019, 02:42:09 PM
 #10

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones

Yes but not Bitcoin, Bitcoin is good and the market proves it. Bitcoin is very useful even without the infamous instant coffee purchase, which LN is supposed to address to put an end to that.

First of all a centralized coin is worthless, doesn't matter how perfect everything else is. If you can make it disappear by suing or imprisoning an individual or company, or by a change of government, its garbage. So ask yourself the question, can this coin be turned off? Then you now to avoid it. Libra is nothing without Zuckerberg or Facebook. If you want to go back to trusting institutions, use a bank.

Bitcoin is based in a no trust model, it works by code and decentralization with miners and nodes confirming and spreading transactions. It cannot be stopped even if you could imprison Satoshi, which you can't anyway (smart move by the creator, to remain anonymous and then disappear).

What is Ethereum worth when a small group can undo transactions?, sure evil hackers, but it proved they can and that demonstrates its flaw. Oh and infinite supply, you should know to stay away from those...

Bitcoin transactions are good enough for most uses, and LN is going to improve things if only by taking some (menial) traffic away from the network.

Bitcoin will remain in use, it cannot be replaced easily when there are no real contenders. No ETH isn't worth it, and i don't know if people will still talk about it when it ends PoW and switches to PoS completely with its programmed fiat like inflation built in.

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ohyeahhaha122 (OP)
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August 26, 2019, 11:11:07 AM
 #11

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones


Higher transfer rates, what do you mean? Fee for transaction? Or you mean transactions per second?

TPS is easy to do. There's been dozens of altcoins with hundreds of tps years ago, Litecoin is an example. Only problem is, they're not as secure. So Bitcoin may only need 1 confirmation but Litecoin maybe needs 7 confirmation. So in the end, you're talking about the same thing.
it mean transactions per second

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August 26, 2019, 11:19:08 AM
 #12

What I know is that there is no more going back for cryptocurrency and the two mentioned coin on discuss are the top two coins and they are the ones leading. Of course, as I see things, bitcoin is getting more popular daily and I'm optimistic is going to give more value for hodlers in the future.
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August 26, 2019, 11:33:01 AM
 #13

Well, this is the rule better things replace old ones. But I don't think it will be that easy as you and I think because BTC and ETH have a billion-dollar cap and a lot of hype around. Let's see how new projects make things better than Btc and how much hype they can creat, this process will take years. 
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August 26, 2019, 11:34:17 AM
 #14

Given the rapid development that has occurred over the past 8 years, it is possible for some people Bitcoin and his friends will be skyrocketed. Especially in the last few years we can see that more and more countries are trying to accept the existence of virtual currencies. Ethereum has been getting a lot of community support lately and connecting communities through a shared platform and I think for ETH coins if the price remains profitable, ETH must pass the 500 USD mark by the end of 2019.

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August 26, 2019, 12:21:45 PM
 #15

Probably because most of the coins nowadays are being controlled by their creators, for that you can't completely trust it. Unlike Bitcoin where the community decides and supports it with the system already solid, most altcoins die because of lack of support from the developer and from the community. The reputation it built are trust worthy. Also, most coins are just a copy of Bitcoin hoping that it will moon someday.
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August 26, 2019, 12:34:48 PM
 #16

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. .
Higher transfer rates? What you mean? More transactions than Bitcoin? I doubt that, even if, they are bots putting random transaction to appear as busy coin.
Higher transaction possible at any given moment? Maybe, but at what cost. Keep in mind many solutions work to a certain point, at heavy load everything changes, not scale, bottlenecks etc.
You should understand that on Bitcoin working best in the world developers and on other altcoins often one or two developers of medicore skills.
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August 26, 2019, 12:58:45 PM
 #17

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones

Of course the old ones would be replaced as time goes by it is evolution we have seen it countless times before.
The technology is advancing so does the other things it is part of it BTC and ETH would just be part of history in the future .

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August 26, 2019, 01:03:18 PM
 #18

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones


There are a lot of coins who are faster than bitcoin, coins with 1-minute blocks, but this doesn't- make them better, just think about blockchain, bitcoin after 10 years has a 200GB blockchain, if we have 1-minute blocks with bitcoin then the blockchain size would be 2TB... So faster blocks bring faster confirmations but a bigger blockchain.

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August 26, 2019, 01:15:14 PM
 #19

To my opinion these are the two coins that will actually survive and be also used in the future.
There are many coins at the market but only few will survive and keep the value and Bitcoin and Ethereum are definetely among them. This is good investment now and it will remain in the future.

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August 26, 2019, 04:01:51 PM
 #20

Why are there so many coins that have higher transfer rates than bitcoin or eth, and the fee is also cheaper than it is for increasing transfers, but I feel like more advanced coins are getting worse. . Is it now that cryptocurrency is just a place to invest and make a profit without seeing its power and meaning? I think better things will replace the old ones

It will be almost impossible for any coin to replace bitcoin and no matter how slow bitcoin transactions is it has established strong foundation in the mind of people that will keep it forever with us. We can used bitcoin for many things including as a stores of assets and i do believe that is why it is very expensive.
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