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Author Topic: After years in this space...I am now a BTC/ETH maximalist (Both are important)  (Read 1245 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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anakjawa
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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?
DreamStage
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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
error08
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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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 KENONEW 
 
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