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Author Topic: After years in this space...I am now a BTC/ETH maximalist (Both are important)  (Read 1209 times)
DrBitcoin (OP)
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December 03, 2019, 01:06:21 AM
 #1

I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.
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December 03, 2019, 01:13:46 AM
 #2

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
If you fall in love so hard with Ethereum explain me more about it, why?
I mean Bitcoin have value, limited supply etc. Its stable, reliable and future-optimistic.

Then we have ethereum, with hacks, dao rollback, creator deciding to roll back transactions thousands of people or even more because of one hacker, no limited supply, questionable use-cases. I would like to hear im wrong somewhere.
Give me 3 good use cases of Ethereum where Bitcoin can't do them ( im not talking about margin hyper super loan posivite trading negative crazy options)
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December 03, 2019, 01:39:45 AM
 #3

Ethereum is truly the loveable asset next to bitcoin, and it has the perfectly built infrastructure than any other altcoins. Another thing it is the only asset that gave competence to bitcoin with its growth. However high the ethereum can be, the bitcoin will top the market. This will not change in my learning, maybe as technology keeps growing growth and change is unstoppable.

I too love ethereum high than bitcoin, but I believe ethereum is next to bitcoin and it has got dependence over bitcoin. The platform of bitcoin isn't used much, while the smart contracts usage is found much wider and this too adds value to ethereum. Ethereum is best choice for long term profit making.
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December 03, 2019, 01:57:10 AM
 #4

So if you become a maximalist because you have seen the Rise of an Altcoin, which is Ethereum, what if another coin overtook it? Would you be that maximalist too? If you have thought that you have room to be a maximalist, and there would be another one for you. I'm not sure if you could be easily a maximalist and easily change your ways or something. It defeats the idea of being a maximalist. I'm basing it on this article.

It's stated there

a simple desire to support bitcoin and make it better;

the only correct way to do things and that doing anything else is unethical.

I'm just not sure if you would consider it unethical to your original claim, being a maximalist.

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December 03, 2019, 02:49:03 AM
 #5

If you fall in love so hard with Ethereum explain me more about it, why?
I mean Bitcoin have value, limited supply etc. Its stable, reliable and future-optimistic.

Then we have ethereum, with hacks, dao rollback, creator deciding to roll back transactions thousands of people or even more because of one hacker, no limited supply, questionable use-cases. I would like to hear im wrong somewhere.
Give me 3 good use cases of Ethereum where Bitcoin can't do them ( im not talking about margin hyper super loan posivite trading negative crazy options)

I'm not OP, but I'm going to give my take on this.

I personally like Ethereum. Do I hold Ether? Currently, no, I don't. But I like it mostly because I find it really really interesting. I'm personally not bullish on their current "dapps" either(probably besides MakerDAO, which I'm not decided with. Again, just interesting). While I currently kinda think that it's not going to be successful, I'm just like watching from the sidelines as their goals are pretty ambitious.

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December 03, 2019, 03:11:20 AM
 #6

Bitcoin and ethereum became the top coins and which I like. Ethereum always follows the price of bitcoin, the price of bitcoin is always the top accompanied by ethereum. Bitcoin and ethereum technology is increasingly developing so that many are making choices on bitcoin and ethereum. Ethereum's smart contract users are very numerous and become popular compared to bitcoin, this is one of the advantages of etherea.

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December 03, 2019, 03:23:47 AM
 #7

well, i'm using bitcoin in my day-to-day activity and i understand the hype all around ETH... am i both maximalist?
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December 03, 2019, 03:51:04 AM
 #8

I respect your decision but shouldn't you think on anything else rather 2 crypto as a max out? Roll Eyes

You should extend your portfolio and diversify even further.
There are way more currencies that diserve a second chance.

Take information from https://coinmarketcap.com/ and see what else can you maximize on.

Nothing to see here
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December 03, 2019, 03:52:19 AM
 #9

Ethereum is truly the loveable asset next to bitcoin, and it has the perfectly built infrastructure than any other altcoins.

Bitcoin cash seems more fit to stated next to bitcoin despite the market capitalization.
Ethereum is the platform for all of those ICOs, IEOs, SEOs, and DeFi but there are some flaws, like a centralized issue that 61.6% of ETH nodes run in centralized cloud services and almost 25% of eth nodes operated by Jeff Bezos’ behemoth company which make him the biggest stakeholder.
We know that people buying ethereum not because it's usability but they hope more people will buy ether from them at a higher price one day, but the fact is eth and all of altcoins price are following bitcoin steps to rise and fall.
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December 03, 2019, 04:24:47 AM
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 #10

If you fall in love so hard with Ethereum explain me more about it, why?
I mean Bitcoin have value, limited supply etc. Its stable, reliable and future-optimistic.

Then we have ethereum, with hacks, dao rollback, creator deciding to roll back transactions thousands of people or even more because of one hacker, no limited supply, questionable use-cases. I would like to hear im wrong somewhere.
Give me 3 good use cases of Ethereum where Bitcoin can't do them ( im not talking about margin hyper super loan posivite trading negative crazy options)

I'm not OP, but I'm going to give my take on this.

I personally like Ethereum. Do I hold Ether? Currently, no, I don't. But I like it mostly because I find it really really interesting. I'm personally not bullish on their current "dapps" either(probably besides MakerDAO, which I'm not decided with. Again, just interesting). While I currently kinda think that it's not going to be successful, I'm just like watching from the sidelines as their goals are pretty ambitious.

the only thing that i find likable about Ethereum is its initial idea in early days of having a decentralized machine for running smart contracts. otherwise i don't find anything remotely interesting about the project itself. it is a centralized, mutable token that has only have one use case and that is to make the owners rich and be the breeding ground for thousands of scams.

i am always surprised by people like OP who put bitcoin and ethereum together! since they are the exact opposites of each other!!! in bitcoin you have a fully decentralized payment system while in ethereum you have nearly a centralized platform. while bitcoin is immutable and safe, ethereum is not thanks to their rollbacks. even from an investor's point of view ethereum is terrible because of its unlimited supply...

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December 03, 2019, 04:45:00 AM
 #11

Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

IEO on Ether? Where does that happen? IEO is a tool for an exchange to pump their own token, so it's not Ethereum exclusive.

On top of that, Ethereum competitors are growing rapidly. I'm not sure if ICOs will stay either, considering how scammy they were in 2018. Holding Ethereum is good for short-term, as long as nobody realizes it's supply and crazy premine.

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December 03, 2019, 05:16:09 AM
 #12

What is the use case of bitcoin? what is the roadmap and promises? they dont have and we are only on speculation. Ethereum is just facing this hatred for no reason and I dont think the space need this, this why we have so many fork in bitcoin because of the ego in the coin governance. 
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December 03, 2019, 06:00:02 AM
 #13

I got your point there, I not a maximalist on any coin but what I see we have in common is to choose which coin is suitable for different instances. Such as bitcoin for huge market investment and transaction and altcoins such as ethereum for daily small transactions. But we shouldn't utilize just both of these, there are crypto that are efficient as well in terms of transaction speed and transaction fee which I consider another crypto to use which is the XRP.
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December 03, 2019, 06:50:48 AM
 #14

I am also a maximalist, in addition to bitcoin I also like ethereum, I see ethereum is easier for beginners to understand quickly, whether it's from making a wallet and other ways of dealing, by the way, I still buy ETH when it's cheap

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December 03, 2019, 08:43:55 AM
 #15

What is the use case of bitcoin?
After a decade of Bitcoin's existence do we really have to talk about this again?

what is the roadmap and promises?
That's the point. There is no OFFICIAL roadmap and promises(how can an asset make a promise??), because it's decentralized in contrast to Ethereum which pretty much has an active leader. Though most developers are working on scaling and privacy.

Ethereum is just facing this hatred for no reason and I dont think the space need this,
Because Ethereum is simply centralized. I'm heavily interested(but not invested) in it, but there's no changing this fact.

this why we have so many fork in bitcoin because of the ego in the coin governance.  
Bitcoin is open source software. Forks are pretty much expected and normal because we as humans have different ways of looking at things. Disagreements and different opinions are bound to happen hence the forks.

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December 03, 2019, 12:50:25 PM
 #16

I love BTC more than ETH. I noticed few movements of BTC and ETH.And I figured out that btc is the right choice for me.ETH movement slower than BTC.You are in crypto from 2014 and it will be good if you check the past history.BTC price was 1.6k$ and that time ETH was 0.06 BTC.and now check the btc pairs it's 0.02BTC.And I think BNB is better than ETH chain.Also I hope that one day BNB will Competitors with ETH. 

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December 03, 2019, 12:56:27 PM
 #17

In terms of scalability, Ethereum does win over Bitcoin. And I also do agree that in practical financial uses, Ethereum proves to be more useful than Bitcoin. As of now, I only see Bitcoin as speculative asset for traders to play with, and only a few establishments and enterprises support using it for payments. This is because of its scalability problems and government oppression. Stablecoins does also prove something but has problems in terms of centralization.



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December 03, 2019, 01:06:43 PM
 #18

I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.

I agree that only Bitcoin and Ethereum have the greatest value. I also love both coins equally strongly. I’m upset by the fact that Ethereum has stopped developing as much as before, I think Vitalik Buterin is obliged to do something with this
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December 03, 2019, 01:39:56 PM
 #19

Not so far as maximalist in Ethereum but with Bitcoin I will do.

Yes, I also use Ethereum to save money. I don't want wasting too much bitcoin just for transaction fee. I want to keep more of it.
That is why when it comes to making transaction with other people I always use Ethereum to be sent to them.
Well, when it comes to value it also went too far from what it had which is $1000. I do understand though what really happened. Add the statement of Vitalik that it will never be seen again made the value worse.

I guess I have the same idea as you but not just that deep.
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December 03, 2019, 02:25:13 PM
 #20

I like ether too. In my opinion it's the most promising cryptocurrency after bitcoin which is probably why it's ranked second.
Ethereum is a good platform and has many technical aspects like smart contracts, dapps etc.. which grabs attention of many investors.
It has active developments taking place which grabs the attention of developers. It's creator is a well known genius.
It has more reasons to succeed than any other 'altcoin'.

P.S: Bitcoin is love though  Grin

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December 03, 2019, 02:37:09 PM
 #21

I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.

I most certainly consider myself one, as I think that Bitcoin was/is the first generation of cryptocurrency and blockchain technology. Ethereum is Bitcoin 2.0 or better said, the second generation of cryptocurrency and Blockchain technology.
  The third generation of Blockchain technology is EOS, another important coin that changed the industry once again.

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December 03, 2019, 02:44:30 PM
 #22

I wouldn't call myself a ETH maximalist, but I have ETH holdings, not that big but enough to make money if it go on another 4 digit run like in 2018.

But it's very obvious that majority here are Bitcoin maximalist, been in the space for 2 years and I would say that investors/speculators/traders are really into bitcoin. Just look at the hate BCH and BSV gets from this community  Smiley.

R


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December 03, 2019, 02:53:29 PM
 #23

ETH is interesting, about the only major problem I have with it, is that I have tried running a full node before and couldn't get it to sync. I'm not sure if I try again if it could be done, maybe I need a computer with better specs, more space, more ram.

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December 03, 2019, 02:54:47 PM
 #24

I only see Bitcoin as worthy among the cryptocurrencies.  Most of them are just a copy cat or a scheme to take money from the unwary investors.  I do not hate ETH or any other altcoins, its that, I  look at them as pump and dump scheme.  

Not so far as maximalist in Ethereum but with Bitcoin I will do.

Yes, I also use Ethereum to save money. I don't want wasting too much bitcoin just for transaction fee. I want to keep more of it.
That is why when it comes to making transactions with other people I always use Ethereum to be sent to them.

If you really wanted to save from tx fee why not use cheaper altcoins such as Doge or XRP.  I believe you can save more from these two cheaper altcoins.

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December 03, 2019, 02:59:12 PM
 #25

I agree to the thread stater. I personally prefer Ethereum blockchain to use because its too fast, transaction is done in no time. I like to hold ETH as there is lot of space for its growth. Although Bitcoin is still the king but importance of ETH blockchain cannot be ignored in cryptospace. Most of new projects are being launched on ERC20 network only. ETH is reliable cheap and fast. I think current ETH level is cheaper to buy at.

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December 03, 2019, 05:00:29 PM
 #26

the only thing that i find likable about Ethereum is its initial idea in early days of having a decentralized machine for running smart contracts.

right, the potential for an idea like Ethereum was massive. Something designed for abstract tokens really should have got more attention from people using it as a marketplace for contracts, but Ethereum wasn't quite designed that way. I think that application can be made, but as a platform riding on top of Ethereum.


otherwise i don't find anything remotely interesting about the project itself. it is a centralized, mutable token that has only have one use case and that is to make the owners rich and be the breeding ground for thousands of scams.

yeah, all that potential, and the developers squandered it. To be fair, they were using a badly thought through design from day 1 anyway. I don't understand this whole hero-worship that got attached to Buterin's reputation, the amount of times the design was fundamentally changed (i.e. hard forked) in pretty significant ways only demonstrates that he was refining an unfinished train of thought for the first, pffff, 2-3 years of the platform's existence.

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December 03, 2019, 05:35:41 PM
 #27

You are probably the first one I've seen who claims to be maximalist of both coins.

I understand your high interest in Defi though. Creating a decentralized finance is pretty ambitious and it's definitely a lot of work.
 
I agree to the thread stater. I personally prefer Ethereum blockchain to use because its too fast, transaction is done in no time. I like to hold ETH as there is lot of space for its growth. Although Bitcoin is still the king but importance of ETH blockchain cannot be ignored in cryptospace. Most of new projects are being launched on ERC20 network only. ETH is reliable cheap and fast. I think current ETH level is cheaper to buy at.
Ethereum is too fast, reliable, cheap? If you say those features on Eth, I don't know how you will describe transactions with Xrp, Doge, Ltc, Bnb.
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December 03, 2019, 08:56:13 PM
 #28

Bitcoin yes, ETH no.


If you look critically at ETH, you cant help but wonder what the big deal is.
1. Its a pre-mine coin - Remember when that was a bad thing? When did that become acceptable to pre-mine a coin, that is what we used to call a scam coin. (12 million ETH were set aside for the developers, and 60 million ETH were premined for ICO participants to buy. There is 109mil ETH in circulation, so 72 million at launch is insane.)
2. Immutability / Decentralization - It is not right for one person to have so much control that they can decide to 'fix' a problem like a DAO hack with a rollback. If Vitalik says something, or something happens to him, it affects ETH and its price. You cannot argue that. Even a dumb tweet by him can affect the price.
3. Smart contracts - Bitcoin is doing more smart contracts than Ethereum with lightning network. If you look at the amount of smart contracts on Ethereum and how they are being used, its a joke. The only real use cases that have much traction seem to be gambling websites and ponzi schemes.
4. ICOs - In my opinion this is the killer app of Ethereum, but now, there are a host of other crypto currencies that can do these just as well, for cheaper.
5. Unlimited supply - Since there is no cap on the amount, it will never be scarce and will always inflate. Good luck if you ever try to change that.




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December 03, 2019, 09:34:33 PM
 #29

I respect your decision but shouldn't you think on anything else rather 2 crypto as a max out? Roll Eyes

You should extend your portfolio and diversify even further.
There are way more currencies that diserve a second chance.

Why? Almost all of them have achieved precisely fuck all and never will. That's not to say some of them won't some day rise enormously again but as actual propositions none of them have convinced anyone of a future beyond sitting on an exchange waiting for the occasional pump.

As for ETH, I think it's a guaranteed candidate for replacement by something that simply works in a way ETH never will. That's conditional on utility overtaking speculation which could be a very long way away.
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December 03, 2019, 09:41:38 PM
 #30

Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.

in terms of scaling, it's not particularly elegant. i'm actually a big fan of a lot of ethereum's functionality but it's total bloatware. if sharding were viable from a decentralization standpoint and implemented from the get-go in 2015, i might have a different view, but the difficulty in running an ethereum node (even today) seems like an extremely big problem.

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December 04, 2019, 06:15:22 AM
 #31

Is this the same ETH that was brought to its knees by volume from Crypto Kitties and fueled all those ICO scams that defrauded investors? And of course honorable mention to the designer deciding to roll back the block chain after a fraudulent transaction. Ouch. Had promise, but at this point I'll take a hard pass on it and stick with BTC. Ethereum, like essentially every other Alt coin that isn't a dollar peg, is going nowhere.
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December 04, 2019, 07:01:23 AM
 #32

You've chosen the two biggest coins in the crypto space. I would not disagree about your point. Seeing how far bitcoin is developing right now, it does makes sense. I never saw how altcoins season were acted last 2017 but I can see how some altcoins like Ethereum, BNB and other who has really giving an important use to the crypto community.

Being btc and eth maximalist is good as long as you also do not forget that other altcoins have also value not only when it comes to buying or getting profits but also with it's particular use.
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December 04, 2019, 08:54:14 AM
 #33

No doubt about these two major cryptocurrencies, when the bearish market is done, we will see about the ETH price if it is really worth investing nowadays. but when it falls again like the last time, the odds are rare for its price to regain up to $400 again. right now, I put all my trust in bitcoins and wait for its price to recover again. what happening with ETH right now is unsure. whether the price will come back or not. you can say what you want but as you can see so far, only Bitcoin has the ability to make a comeback after a few weeks from now sometimes you only count a day.

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December 04, 2019, 09:53:36 AM
 #34

That's some great motivation @OP. Well i have also been in this industry for quite sometime now and the only blockchains i have ever got to trust is bitcoin and ethereum. Just as you said, the use cases of Ethereum far exceeds that of Bitcoin, i guess the reason why Bitcoin is still higher than Ethereum is most investors rather prefer investing into it more than Ethereum. Let's hope this PoS of Ethereum might bring us all some nice pump.

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December 04, 2019, 10:14:19 AM
 #35

Everyone who were experienced at the 2017 time have tried to ride the alt season but we all know what happened to that. Hopefully, it wont happen with ETH, because most of the tokens are already at bottom and we may never see them again.

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December 04, 2019, 10:50:36 AM
 #36

You are probably the first one I've seen who claims to be maximalist of both coins.
~

To me OP is not the fist one claiming being a fan of both. Andreas M. Antonopoulos, while saying that Bitcoin blockchain is the most secure and the most decentralized around, and that Ethereum, quote, "doesn't compete with Bitcoin in that", is still a big fan of Ethereum. If I understand him correctly, he'd rather for testing innovations in crypto space on the Ethereum platform, instead of creating numerous shitcoins for that purpose.

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December 04, 2019, 12:47:30 PM
 #37

I kinda agree with what the op is saying, for most of us before 2017 altcoins were just another shity copy of bitcoin, but after the hype we really kind grown fond of altcoins and especially ethereum, which for me after making researches about it found that it relay has a potential to grow and develop, sure it has problems but it excels at what is good at and that really shows from how all the other coins tried to imitate it and recreate the system that ethereum brought.
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December 04, 2019, 12:52:03 PM
 #38

I kinda agree with what the op is saying, for most of us before 2017 altcoins were just another shity copy of bitcoin, but after the hype we really kind grown fond of altcoins and especially ethereum, which for me after making researches about it found that it relay has a potential to grow and develop, sure it has problems but it excels at what is good at and that really shows from how all the other coins tried to imitate it and recreate the system that ethereum brought.
Since we need to find other resorts that might give us earning despite of the current status of the market. As altcoins were not that as expensive now,I prefer to earn thru trading with altcoins, hold my BTC and maximize having ETH and XRP at these days while trying to earn also from them. We can earn thru alt like how BTC gives before as long as we understand the charts.

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December 04, 2019, 02:26:21 PM
 #39

I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.

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December 04, 2019, 02:43:49 PM
 #40

I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.

If this is the case, you could still use the other cryptocurrency aside from bitcoin and ethereum. Just try to maximize the potential of other cryptocurrency and to help them grow as bitcoin and ethereum does from time to time. I am using XRP to pay small unit transaction which I find efficient especially if I am withdrawing in exchange, I always take advantage of the low market transaction fees that it has. Then buy and invest in bitcoin and ethereum for profit.
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December 09, 2019, 10:43:00 AM
 #41

I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.

If this is the case, you could still use the other cryptocurrency aside from bitcoin and ethereum. Just try to maximize the potential of other cryptocurrency and to help them grow as bitcoin and ethereum does from time to time. I am using XRP to pay small unit transaction which I find efficient especially if I am withdrawing in exchange, I always take advantage of the low market transaction fees that it has. Then buy and invest in bitcoin and ethereum for profit.

I heard that some people are using XRP and some other alts to withdraw from an exchange in order to pay lower withdrawal fees, but imo they are just fooling themselves. Is it really profitable in the end, to first exchange your BTC to XRP on an exchange(certainly losing something in the process), then withdraw XRP, and then, what, exchange XRP back to BTC?  I seriously doubt that it's profitable.

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December 09, 2019, 09:27:23 PM
 #42

The Ethereum is a big disappointment in my opinion. How much it suffers in price loss. Ethereum needs to get up again. Everyone is waiting to update. I think there will be a move after the update. However, Bitcoin needs to remain a little immobile.
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December 10, 2019, 12:05:44 AM
 #43

I definitely agree with that. I only buy btc and eth so far. I think they are really the most reliable cryptos. Besides, I want to focus on these two coins rather having many other coins. Its so hard to monitor. With only two coins I can manage it well aside from the fact that I still have my whole day regular job. Its really amazing how btc and eth had become this far, especially btc. And I'm so proud to have chosen them as my crypto coins now.

If this is the case, you could still use the other cryptocurrency aside from bitcoin and ethereum. Just try to maximize the potential of other cryptocurrency and to help them grow as bitcoin and ethereum does from time to time. I am using XRP to pay small unit transaction which I find efficient especially if I am withdrawing in exchange, I always take advantage of the low market transaction fees that it has. Then buy and invest in bitcoin and ethereum for profit.

I heard that some people are using XRP and some other alts to withdraw from an exchange in order to pay lower withdrawal fees, but imo they are just fooling themselves. Is it really profitable in the end, to first exchange your BTC to XRP on an exchange(certainly losing something in the process), then withdraw XRP, and then, what, exchange XRP back to BTC?  I seriously doubt that it's profitable.

Yes, it is. Some places charge up to $10 and if you withdraw as another currency you lose about $1 or so or even make a $1 it depends how the coin you exchanged to is doing. Then deposit into a place with law withdraw like Tradeogre I use and then exchange again and withdraw. You will save a few $$ If you trade in large amounts this amount is meaningless so it is really just for smaller withdraws.

The Ethereum is a big disappointment in my opinion. How much it suffers in price loss. Ethereum needs to get up again. Everyone is waiting to update. I think there will be a move after the update. However, Bitcoin needs to remain a little immobile.

We need ether for tokens though. Not that token is particularly good. Most are rubbish and scams. But still it is needed for gas fees.

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December 10, 2019, 12:22:20 AM
 #44

After all these years, I still put my faith in BTC and ETH. I could say that I choose to be blind when it comes to other altcoins and it is very confusing to learn everything on my end. I personally choose to just stick to the two stronger ones which I think will still be in the market even after a few years. I have this impression that other altcoins won't be here after some time and would only turn to scam, leaving its investors helpless.

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December 10, 2019, 12:28:44 AM
 #45

I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.
I am not surprised, bitcoin is without a doubt the leader of this market and the image as well, but if we were to think of any other coin that is very useful and has a lot of potential then ethereum is definitely that coin, besides bitcoin the only other coin in which I am invested is ethereum because I really think that despite its current weakness it will surely recover in the future and when that happens I am going to be ready holding some ethereum to take advantage of it.
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December 10, 2019, 05:30:38 AM
 #46

I love Bitcoin and Ethereum too. I need Ethereum to buy and sell my Tokens but to get from my local currency I need to sell Bitcoin. The rates are very high in the exchanges at least I found Swap on blockchain.com a resource that reduces my commissions. And you are right to say that:

Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day. 

I also see it the same I feel wonderful of all the advances that have been achieved so far. Staking, Collateral, Loans, Interest-based on Bitcoin and other cryptos. The finances in the crypto space are giving the community what they need. Let's wait for more!

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December 10, 2019, 01:05:20 PM
 #47

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.

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December 10, 2019, 01:50:10 PM
 #48

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitable

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December 10, 2019, 02:19:58 PM
 #49

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
In my view its all about bitcoin price nothing else. Whenever bitcoin price goes up we see altcoins also going up, even shit coins join the party. Even if you have ethereum along with few good altcoins in your list you will only get profit if bitcoin goes up. That's the reason I prefer investing in bitcoin only.


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December 10, 2019, 02:29:15 PM
 #50

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.

For the top 2 cryptocurrencies, they are both deserving and worth it to be invest at as they do have the potential among others, so I won't disagree with the OP, for a couple of years, they were my favorites and will be my favorite of all time, so we should not worry about it as these upcoming years, for sure that their name will continue to develop and grow.
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December 10, 2019, 02:38:41 PM
 #51

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitable

This saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.

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December 10, 2019, 02:39:25 PM
 #52

I am rather a BTC maximalist, other coins interest me to a lesser extent or do not interest at all.
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December 11, 2019, 06:55:06 AM
 #53

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitable

This saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
Between bitcoin and ethereum price right now look very different, last yearn when bitcoin have price about $7k ethereum can raise above $500 but today although bitcoin have higher price but ethereum keep down under $200 and today look not potential for ethereum back to higher price, very terrible problem for ethereum after many ICO and IEO scam where make ethereum price dump.

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December 11, 2019, 07:06:52 AM
 #54

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.

For the top 2 cryptocurrencies, they are both deserving and worth it to be invest at as they do have the potential among others, so I won't disagree with the OP, for a couple of years, they were my favorites and will be my favorite of all time, so we should not worry about it as these upcoming years, for sure that their name will continue to develop and grow.
to get profits by investing, the top crypto does have the potential to be profitable but it still needs research so that the investments made really give good results, when holding and also selling it. and I personally believe in investing in top crypto because they have better potential

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December 11, 2019, 12:11:41 PM
 #55

The Ethereum is a big disappointment in my opinion. How much it suffers in price loss. Ethereum needs to get up again. Everyone is waiting to update. I think there will be a move after the update. However, Bitcoin needs to remain a little immobile.

Why would it grow if it's fundamentally a, like you say, disappointment? Dapps suck, no one uses them for serious application, best thing you can do with them is gambling, but gambling is already oversaturated in crypto. ETH is still nowhere near solving scalability, and even if it were, it would come at a cost of trading decentralization.

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December 11, 2019, 02:20:16 PM
 #56

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitable

This saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
Between bitcoin and ethereum price right now look very different, last yearn when bitcoin have price about $7k ethereum can raise above $500 but today although bitcoin have higher price but ethereum keep down under $200 and today look not potential for ethereum back to higher price, very terrible problem for ethereum after many ICO and IEO scam where make ethereum price dump.

If you are saying that it is better to invest in Bitcoin alone, rather than in Ethereum too, I'm not going to argue with you, because I too think that BTC is a better choice. But I was replying to the post saying that one should invest in more alts than just in BTC and ETH, in order to not "put all your eggs in one basket", or rather "in two baskets" in that case.

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December 11, 2019, 02:33:08 PM
 #57

ETH is overhyped. There was to be a whole industry based on its tokens and it all fell apart. We can say that ETH was a bubble in itself making all those greedy coin devs try and fail to make proper useful coins that will get accepted by merchants and really make things easier for people.
We had attempts at casino tokens, computer game money, storage tokens, safety tokens, healthcare tokens, security tokens, you name it. They all failed and are now worth less than 10% of their initial offering value.
I'm an all in bitcoin holder but I would never go all in on ETH.

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December 11, 2019, 09:42:47 PM
Merited by Carlton Banks (3)
 #58

ETH is overhyped. There was to be a whole industry based on its tokens and it all fell apart.

that was never the promise of ethereum. the ICO bubble was just typical human greed playing out. it's silly to blame the underlying technology for peoples' greed. most of the garbage companies from the dot-com era didn't survive either.

tokenization is actually pretty cool, and theoretically it's a real game changer for secondary securities markets, in terms of both accessibility and liquidity. ethereum in general offers really interesting functionality, much of which probably isn't fully understood yet. my main problem with ethereum is that it's bloatware. it wasn't designed for scalability. but the market might keep building on it (and valuing it) if node decentralization isn't seen as a principal concern.

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December 11, 2019, 11:50:21 PM
 #59

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
The saying applies in all places, if you invest then you should not invest on just one coin, because many coins have the potential whereas in other fields are not much different. so we have to really take advantage of things that are profitable and we have to look for those coins that are profitable

This saying does not apply to all cases, it only applies to those with more or less equal outcomes. If you have two good baskets(BTC and ETH, in our case), I think you shouldn't think of other baskets to put your eggs in. Sometimes putting your eggs in more baskets you are only increasing your chance of losing.
Between bitcoin and ethereum price right now look very different, last yearn when bitcoin have price about $7k ethereum can raise above $500 but today although bitcoin have higher price but ethereum keep down under $200 and today look not potential for ethereum back to higher price, very terrible problem for ethereum after many ICO and IEO scam where make ethereum price dump.

If you are saying that it is better to invest in Bitcoin alone, rather than in Ethereum too, I'm not going to argue with you, because I too think that BTC is a better choice. But I was replying to the post saying that one should invest in more alts than just in BTC and ETH, in order to not "put all your eggs in one basket", or rather "in two baskets" in that case.
Bitcoin is leading the crypto market at the present but i think at the end of the day, ethereum will gain higher importance than bitcoin because if its practical usage. Both are really important so we should learn to maximize them in our portfolio rather than focusing on some other newly coins.

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December 12, 2019, 01:24:01 AM
 #60

I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.
Under 2017 bitcoin and ethereum look like have connected where bitcoin with higher price ethereum can potential to be on higher price too, but today when bitcoin can raise above $7k ethereum look weakness with lower price today about $144, how come ethereum and bitcoin have far away price not the same like three years ago when ethereum can up more than above $1k.

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December 14, 2019, 02:23:00 AM
 #61

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
That may seem to be a good idea but personally I am against it, my goal as an investor is not only to make money like everyone else but my goal is also to make money in such a way that it doesn't take me a lot of effort to do so, and taking that into consideration that means that the more coins that I hold the more difficult it becomes to monitor all of those coins and to be able to tell what direction each coin is going to take during the next months or years, and I personally do not want to be watching the market all the time to make some profits.
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December 14, 2019, 03:24:18 AM
 #62

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
That may seem to be a good idea but personally I am against it, my goal as an investor is not only to make money like everyone else but my goal is also to make money in such a way that it doesn't take me a lot of effort to do so, and taking that into consideration that means that the more coins that I hold the more difficult it becomes to monitor all of those coins and to be able to tell what direction each coin is going to take during the next months or years, and I personally do not want to be watching the market all the time to make some profits.

Five to ten coins all in all is not really a hassle to monitor especially if these coins are the top coins. If you have Bitcoin, Ethereum, Litecoin, and Monero, for example, there is not really a high demand to keep yourself monitored every minute of the day. You are aware after all that these projects will not fall easily. They are the corner stones in cryptocurrency. There is nothing to fear if a week passes by and you have not checked on what is new to each one of them.
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December 14, 2019, 03:34:09 AM
 #63

Those coins bitcoin and btc have different purpose while btc is for currency, ethereum are different, we see the value and the purpose ethereum at the moment has some issues, while btc is working on the lightning network I think the most trusted is bitcoin, while ethereum chain is being use for other coins creation and more

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December 14, 2019, 05:28:03 AM
 #64

Despite different opinions, I believe that in cryptocurrency we need not only Bitcoin and ethereum. The current cryptocurrency is still far from perfect and it needs to develop further. This process so far is going well through the appearance and functioning of many cryptocurrencies, as well as the disappearance of their useless types. Of course, in the end, most altcoins can leave the market. But it will be natural selection. Let new coins and tokens appear for now. Perhaps we can thus come to something new and more perfect.

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December 14, 2019, 05:55:21 AM
 #65

What makes me interested in using other altcoins including ETH is a relatively cheap fee for each transaction.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.

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December 14, 2019, 06:15:20 AM
 #66

What makes me interested in using other altcoins including ETH is a relatively cheap fee for each transaction.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.

This is one way to tell if you are a maximalist in terms of using bitcoin and ethereum or not. In other way, it is also better to maximize the cryptocurrency as a whole in a sense that we are utilizing not just bitcoin and ethereum but also the stable coins that are out in the market. In this case, whenever a huge loss is on our side, we are backed by the stable coins to save our funds. In addition, we should also take care of the transaction fees that we are paying, when we are to trade amounts, it is better to trade larger amount to maximize the transaction fees that we are paying.
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December 14, 2019, 06:33:39 AM
 #67

I believed ethereum should be more useful in smart contract applications ie dapp whose utilization in elections, chain supplies, medicine etc yields  positive results while Bitcoin is more of digital currency and as a store of value the OP had expressed  his choice of adopting the two coins with respect to other altcoins.

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December 14, 2019, 07:30:42 AM
 #68

What makes me interested in using other altcoins including ETH is a relatively cheap fee for each transaction.
Sometimes there are times when bitcoin has a large transaction fee, at the same time I will convert it to another altcoin to outsmart the transaction fee.
I think it's quite helpful, on the other hand I see that ETH has a good market and support from various parties that are very positive.

The reason why bitcoin has a large transaction fee because it is well know cryptocurrency around the world. Those altcoins are just an alternative for bitcoin so that the fees are cheap compared to btc. But there are some ways like what you've said, CONVERTING.

ETH an altcoin, it can grow on its own and this coin has a very large potential of developing. If you want to invest for an altcoin, choose ETH.

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December 14, 2019, 08:31:53 AM
 #69

In a real sense, Ethetrum is really a potential currency in the current situation, I also think both Bitcoin and Ethereum are very important in order to maintain a good pace in this cryptocurrency world, Obviously, bitcoin is the best among the other cryptocurrency but you have to pick out another supplementary currency which could be used as a backup plan, so Ethereum could be the one on this purpose, in terms of credibility and acceptability, for me Etehreum is the most potential crypto here, so if you want to make money from this platform then Ethereum would be a good option.

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December 14, 2019, 08:42:18 AM
 #70

Keeping ethereum aside with bitcoin is a good strategy if you are planning to invest in altcoins. Adding few other altcoins like NEO, TRON, LITECOIN, BNB can also be a good investment strategy, as they are all available at a discounted price. One may buy few of them for altcoin season that may come in the future.

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December 14, 2019, 10:36:34 AM
 #71

I've been in this space since 2014. I have always been a Bitcoin Maximalist.  Than 2017 happened, and it was hard not to chase altcoins.  After the hype died down, and the dust settled, I realized that there is room to be a BITCOIN/ETHEREUM Maximalist.  Every other project is a "me too," or a clone, or redundant, or vaporware.  The only two blockchains we need right now are Bitcoin and Ethereum...and we need BOTH! Not just Bitcoin anymore.

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.

I have fallen in love with Ethereum as hard as Bitcoin, and I see value in both.  Ethereum is extremely elegant, and may end up being more important in this space than Bitcoin one day.  It is the foundation of the Defi movement.

So there can be a category of people who consider themselves BTC/ETH Maximalists.

Right now, they maybe top 1 and 2 in the rankings but it doesn't mean that they are the king as the demand will always depend to it's uses and whether the demand is being accepted by the government or not. Every hurdles will affect the demand of any coins like btc, eth and other top coins/tokens.

I also consider both as the most important coins right now but due to high transaction fees in btc, I tried other coins as alternative to send a small amounts. I always see things fairly and I cannot devote myself to btc and ethereum only so I cannot say that I am a btc/eth maximalist.

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December 14, 2019, 11:28:04 AM
 #72

i dont care about the other coin, as long as it can be eth or btc, i will do it. i have target when do something, so when i get token and the price so low, i will wait until it reach the target, but it doesnt mean im collecting token, although in a fact i have many coin in my wallet.
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December 14, 2019, 11:41:33 AM
 #73

Keeping ethereum aside with bitcoin is a good strategy if you are planning to invest in altcoins. Adding few other altcoins like NEO, TRON, LITECOIN, BNB can also be a good investment strategy, as they are all available at a discounted price. One may buy few of them for altcoin season that may come in the future.

Ethereum is a great combination with bitcoin or other altcoins. all investors has ethereum for back up and lessen their transaction fee's. it is also help us to not fear of too much dumping in altcoins because we know that there is ethereum that can be change immediately if there are problems. ethereum prices are not that totally dropping so we can sure that our funds are not that high risk.

Watch out for this SPACE!
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December 14, 2019, 01:02:30 PM
 #74

Under 2017 bitcoin and ethereum look like have connected where bitcoin with higher price ethereum can potential to be on higher price too, but today when bitcoin can raise above $7k ethereum look weakness with lower price today about $144, how come ethereum and bitcoin have far away price not the same like three years ago when ethereum can up more than above $1k.
The main difference is that the hype behind ETH is over, there were tons of projects coming along and we all thought that the market is going to flourish with the help of the ETH network but instead all the shitty and scam projects who stole billions of dollars were the true highlight and what do you expect, that is the main difference and so we saw similar prices of ETH alongside bitcoin but after that bitcoin just left the station Cheesy .
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December 14, 2019, 01:16:59 PM
 #75


So there can be a category of people who consider themselves BTC/ETH Maximalists.

I am one of them and we are many in this community, I love these two coins that sometimes i think that I only need these two coins to hodl and I will be ok, but we need to increase our portfolio and not to put all our eggs in one basket, so I still include some coins in my portfolio, but Bitcoin and Ethereum are two coins that makes the bulk of my portfolio.
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December 14, 2019, 01:19:12 PM
 #76

I love Bitcoin...LOVE it!  But when it really comes down to it, I use Ethereum in actual, practical use cases.  I recently bought something in USDC...which utilizes Ethereum.  Stablescoins, ICOs, IEOs, SEOs, Defi will be built on Ethereum.
If you fall in love so hard with Ethereum explain me more about it, why?
I mean Bitcoin have value, limited supply etc. Its stable, reliable and future-optimistic.

Then we have ethereum, with hacks, dao rollback, creator deciding to roll back transactions thousands of people or even more because of one hacker, no limited supply, questionable use-cases. I would like to hear im wrong somewhere.
Give me 3 good use cases of Ethereum where Bitcoin can't do them ( im not talking about margin hyper super loan posivite trading negative crazy options)


If he truly loves Ethereum he should also put an effort to love the alts on its network, without them the Ethereum network would not be as t is right now, I mean it is mostly used as a transaction gas, an payments to send another coin. If it isn't made for that then I guess it is no different than other alts.
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December 14, 2019, 02:52:01 PM
 #77

In the past I bought a lot of popular altcoins of the season, and in a long term I lost money with then
Altcoins is a shortcut to gain money, but you have to be well informed and take quick actions to gain

For now I have my portfolio based on 5 cryptos, and obviously BTC is the first one with 55%, followed by ETH with 15%, the another ones are XMR, LTC and ETC

I don't want to buy coins only based on news, fomo, or the popular altcoin of the month

And you are right to focus on these 2 coins

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December 14, 2019, 03:49:52 PM
 #78

In the past I bought a lot of popular altcoins of the season, and in a long term I lost money with then
Altcoins is a shortcut to gain money, but you have to be well informed and take quick actions to gain

For now I have my portfolio based on 5 cryptos, and obviously BTC is the first one with 55%, followed by ETH with 15%, the another ones are XMR, LTC and ETC

I don't want to buy coins only based on news, fomo, or the popular altcoin of the month

And you are right to focus on these 2 coins

For a couple of years too, I learned that I need to buy altcoins at deep especially if bounty hunters already sold their tokens, so I am watching out that way as this was what my common friends are doing then they are waiting for the buy back from the team, or another set of investors to buy and then they are selling, at a year it's good but now it is not advisable anymore so I managed to invest only in BTC/ETH too.
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December 14, 2019, 04:02:13 PM
 #79

there is no so called short cuts on  not even btc because both alts and btc take too long to grow  . you know that you bought seasonal alts ? but why didnt you dispose them too early ? seasonal means they are only going to perform that specific month  ( whether a month or two  ) and after that they wont become active again  but good thing that you learn from your mistakes and your now only picking good coins  which was btc and eth  but these two coins are still somehow based on the news  , fomo , an other factors  .
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December 15, 2019, 04:34:57 AM
 #80

From my first of working i am in love of ETH because ETH team has strong planning and platform yet. In 2018 we saw ETH team's strong work behind market when ETH down into position 3 in CMC market. I had hope about Waves but now weaves position are 64. This is only bad team work. So when we compare everything in market ETH is best after BTC.
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December 15, 2019, 02:28:39 PM
 #81

~
If you are saying that it is better to invest in Bitcoin alone, rather than in Ethereum too, I'm not going to argue with you, because I too think that BTC is a better choice. But I was replying to the post saying that one should invest in more alts than just in BTC and ETH, in order to not "put all your eggs in one basket", or rather "in two baskets" in that case.
Bitcoin is leading the crypto market at the present but i think at the end of the day, ethereum will gain higher importance than bitcoin because if its practical usage. Both are really important so we should learn to maximize them in our portfolio rather than focusing on some other newly coins.

I'm taking the side of the people saying that Ethereum will never gain higher importance than Bitcoin. I mean, even without going into technical details we can see that ETH has not replaced BTC although ETH has had more than 4 years to do so. And how could ETH replace BTC when the two coins could hardly be considered competitors? They are rather complementing each other. And I'd say, if almost all of the other alts die, and only a few survive, BTC and ETH will still be number one and number two, respectively.

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December 15, 2019, 03:03:28 PM
 #82

~
If you are saying that it is better to invest in Bitcoin alone, rather than in Ethereum too, I'm not going to argue with you, because I too think that BTC is a better choice. But I was replying to the post saying that one should invest in more alts than just in BTC and ETH, in order to not "put all your eggs in one basket", or rather "in two baskets" in that case.
Bitcoin is leading the crypto market at the present but i think at the end of the day, ethereum will gain higher importance than bitcoin because if its practical usage. Both are really important so we should learn to maximize them in our portfolio rather than focusing on some other newly coins.

I'm taking the side of the people saying that Ethereum will never gain higher importance than Bitcoin. I mean, even without going into technical details we can see that ETH has not replaced BTC although ETH has had more than 4 years to do so. And how could ETH replace BTC when the two coins could hardly be considered competitors? They are rather complementing each other. And I'd say, if almost all of the other alts die, and only a few survive, BTC and ETH will still be number one and number two, respectively.

I side with you.
Its not only ethereum, no altcoin right now is in the position to compete with bitcoin.
All altcoins right now are praying for bitcoin quick recovery, so that they may enjoy ride over it Smiley

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December 19, 2019, 01:18:04 AM
 #83

Ethereum is no doubt the best altcoin and second best cryptocurrency after Bitcoin. There is a saying that "never put all your eggs in one basket". There are few other good altcoin also (litecoin, monero etc) try to invest in them also and have a diverse portfolio rather then having a portfolio of just one altcoin.
That may seem to be a good idea but personally I am against it, my goal as an investor is not only to make money like everyone else but my goal is also to make money in such a way that it doesn't take me a lot of effort to do so, and taking that into consideration that means that the more coins that I hold the more difficult it becomes to monitor all of those coins and to be able to tell what direction each coin is going to take during the next months or years, and I personally do not want to be watching the market all the time to make some profits.

Five to ten coins all in all is not really a hassle to monitor especially if these coins are the top coins. If you have Bitcoin, Ethereum, Litecoin, and Monero, for example, there is not really a high demand to keep yourself monitored every minute of the day. You are aware after all that these projects will not fall easily. They are the corner stones in cryptocurrency. There is nothing to fear if a week passes by and you have not checked on what is new to each one of them.
You cannot leave your coins unattended for such a long time, and you just have to take a look at the way in which the market has been moving recently to know that I'm right, if you have stopped watching your coins for the last two days and then you saw that all the market has been going down it is very likely that you are going to panic and you will sell your coins because of it and then you will have lost the recovery that we are seeing right now, the moment that you invest in this market you are making a commitment to watch your coins and that is why try to keep that number very low to make my job easier.
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December 19, 2019, 01:35:02 PM
 #84

From my first of working i am in love of ETH because ETH team has strong planning and platform yet. In 2018 we saw ETH team's strong work behind market when ETH down into position 3 in CMC market. I had hope about Waves but now weaves position are 64. This is only bad team work. So when we compare everything in market ETH is best after BTC.

That is in face, based on the coin market capitalization of those coins which determines how many people are having that money. What about if we consider the frequency of transactions that people is conducting using a particular cryptocurrency, it would be better to consider that stable coins are those that do really helps with people, and without any high ranking in CMC, we all know how important stable coins are and how we benefit from it over time. Going back to the topic, I could say, ETH and bitcoin are the two best investment crypto but not necessarily saying they are the best among the rest.
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December 19, 2019, 01:46:47 PM
 #85

From my first of working i am in love of ETH because ETH team has strong planning and platform yet. In 2018 we saw ETH team's strong work behind market when ETH down into position 3 in CMC market. I had hope about Waves but now weaves position are 64. This is only bad team work. So when we compare everything in market ETH is best after BTC.

That is in face, based on the coin market capitalization of those coins which determines how many people are having that money. What about if we consider the frequency of transactions that people is conducting using a particular cryptocurrency, it would be better to consider that stable coins are those that do really helps with people, and without any high ranking in CMC, we all know how important stable coins are and how we benefit from it over time. Going back to the topic, I could say, ETH and bitcoin are the two best investment crypto but not necessarily saying they are the best among the rest.
Both bitcoin and ethereum are good choose for investing but not right now because bitcoin and altcoin have lower price, I think ethereum can be recommendation for investing coin right now because have been with lower price and waiting when bitcoin up we can get profit with ethereum because price of ethereum will back with higher price.

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December 19, 2019, 03:50:03 PM
 #86

From my first of working i am in love of ETH because ETH team has strong planning and platform yet. In 2018 we saw ETH team's strong work behind market when ETH down into position 3 in CMC market. I had hope about Waves but now weaves position are 64. This is only bad team work. So when we compare everything in market ETH is best after BTC.

That is in face, based on the coin market capitalization of those coins which determines how many people are having that money. What about if we consider the frequency of transactions that people is conducting using a particular cryptocurrency, it would be better to consider that stable coins are those that do really helps with people, and without any high ranking in CMC, we all know how important stable coins are and how we benefit from it over time. Going back to the topic, I could say, ETH and bitcoin are the two best investment crypto but not necessarily saying they are the best among the rest.
Both bitcoin and ethereum are good choose for investing but not right now because bitcoin and altcoin have lower price, I think ethereum can be recommendation for investing coin right now because have been with lower price and waiting when bitcoin up we can get profit with ethereum because price of ethereum will back with higher price.

There is no doubt with that, we can always say that because it has been proven enough, they will for sure be the Kind and Queen of crypto of all time. So it is really important to bag some of them, it is better to take risk just don't invest your money, at least invest some even little by little save some Btc and Eth, as it can be worth it someday.
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December 20, 2019, 02:09:50 AM
 #87

Most crypto investors do always have these two main coins, bitcoin and ethereum. bitcoin is the most favorite coin in cryptocurrency because its increase in 2017 yesterday provided many benefits for its holders and all altcoins always follow the movements of the price of bitcoin. so bitcoin will always be the leader of altcoin. the second most popular coin is ethereum. During the heyday of the ICO in 2017 almost all of the ICO used the ethereum platform. so the price of ethereum at that time was quite high. the last two years the price of eth has continued to decline but I am still optimistic that eth can pump again when bitcoin goes bullish.

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December 20, 2019, 03:25:17 AM
 #88

I love Bitcoin and fully believe in it. I would like to see what Ethereum 2.0 has in store for us before I truly form an opinion. I think there is such great potential for dApps in financial services, legal services, and government services that Ethereum can't be ignored. I am excited to see how Ethereum will be used in the future  Grin
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December 20, 2019, 05:26:07 AM
 #89

I love Bitcoin and fully believe in it. I would like to see what Ethereum 2.0 has in store for us before I truly form an opinion. I think there is such great potential for dApps in financial services, legal services, and government services that Ethereum can't be ignored. I am excited to see how Ethereum will be used in the future  Grin
there is no guarantee that ethereum may stand longer but what i see is Litecoin can be more competitive and Binance in future(ooopps,this is only my opinion haters read first)

though yeah i have ethereum in my folio but it doesnt mean that i will choose this against Bitcoin because this wont happen i would rather convert all my currency to bitcoin and wait for the bullrun the whole 2020.
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December 20, 2019, 04:19:52 PM
 #90

I love Bitcoin and fully believe in it. I would like to see what Ethereum 2.0 has in store for us before I truly form an opinion. I think there is such great potential for dApps in financial services, legal services, and government services that Ethereum can't be ignored. I am excited to see how Ethereum will be used in the future  Grin
there is no guarantee that ethereum may stand longer but what i see is Litecoin can be more competitive and Binance in future(ooopps,this is only my opinion haters read first)

though yeah i have ethereum in my folio but it doesnt mean that i will choose this against Bitcoin because this wont happen i would rather convert all my currency to bitcoin and wait for the bullrun the whole 2020.
Although ethereum have old year and most standing on second place with coin market cap I think not guarantee for ethereum keep existing with his place, always have other altcoin become competitor for ethereum where always looks with lower price, now needed time for ethereum when back up with higher price and take time to get eth have potential for trading and investing.
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December 24, 2019, 03:57:53 AM
 #91

From my first of working i am in love of ETH because ETH team has strong planning and platform yet. In 2018 we saw ETH team's strong work behind market when ETH down into position 3 in CMC market. I had hope about Waves but now weaves position are 64. This is only bad team work. So when we compare everything in market ETH is best after BTC.

That is in face, based on the coin market capitalization of those coins which determines how many people are having that money. What about if we consider the frequency of transactions that people is conducting using a particular cryptocurrency, it would be better to consider that stable coins are those that do really helps with people, and without any high ranking in CMC, we all know how important stable coins are and how we benefit from it over time. Going back to the topic, I could say, ETH and bitcoin are the two best investment crypto but not necessarily saying they are the best among the rest.
Both bitcoin and ethereum are good choose for investing but not right now because bitcoin and altcoin have lower price, I think ethereum can be recommendation for investing coin right now because have been with lower price and waiting when bitcoin up we can get profit with ethereum because price of ethereum will back with higher price.
If your aim is to get as many profits as possible in the long term then ethereum seems like the best choice out of the two but we cannot really underestimate bitcoin, while it seems that it will be really difficult for ethereum to reach its all time high when we see the movements of bitcoin during this year it seems like it is just a matter of time before bitcoin is able to surpass the price of 20000 and create enthusiasm for it that we have not seen since the end of 2017.
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December 24, 2019, 07:59:56 AM
 #92

Who can prediction how much price of ethereum next year, will back above $1,5k or keep with lower price under $150, after many ICOs failed with listed on exchange market and many investors move investment from ICOs to IEOs ethereum price looks dump and never get back with higher price, will be when ICOs raise up again and ethereum have higher price?
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