Ethereum Becoming a Store of Value

[sadewa69]

Agree. That's why I have depending on both Ethereum and Bitcoin nowadays. I'm not selling ever, just going to buy back in and HODL to 5K, and hopefully the cycles continues. Market manipulation happening right now, not tempted over it. Stay strong.

You seem to be a strong holder.
To be honest I couldn't save for a long time even though I didn't really need the money. because in crypto I only divert my money from crypto assets to other assets.
when at the pump of course I had sold it for the profit that I had planned. and I'll look for other assets while waiting for him to come back downstairs.
but if there is a higher increase in the next quarter or the following year it will not make me regret it.

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[iTradeChips]

Agree. That's why I have depending on both Ethereum and Bitcoin nowadays. I'm not selling ever, just going to buy back in and HODL to 5K, and hopefully the cycles continues. Market manipulation happening right now, not tempted over it. Stay strong.

You seem to be a strong holder.
To be honest I couldn't save for a long time even though I didn't really need the money. because in crypto I only divert my money from crypto assets to other assets.
when at the pump of course I had sold it for the profit that I had planned. and I'll look for other assets while waiting for him to come back downstairs.
but if there is a higher increase in the next quarter or the following year it will not make me regret it.

For one to be a long time holder, he needs to invest massively to the coin first. You need to put thousands of dollars to make your investment count. I have seen those who invest with low amounts and were disappointed that they don't have much money to use for their investment. Well that is understandable considering that not everybody that does crypto are rich and monied people. Many here are also common folk, trying to get a slice of the action. Even how little their profits would be.

[South Park]

Its funny if ethereum will become store of value, ethereum from its first creation is for helping bitcoin with its smart contract so we can build dapps and many aplication for financial instrument so we can replace the old financial system. Bitcoin will be store of value and ethereum become its supporter.

This is why it is not going to happen, the purpose of ethereum is something completely different than the purpose of bitcoin, bitcoin is supposed to become a form of money that is not controlled by banks or governments and to be a store of value, ethereum on the other hand has always been about smart contracts, and while smart contracts can be made in the bitcoin network they are way more difficult to implement than what we see in ethereum so that should be its focus area instead of becoming a store of value.

[dimonstration]

At the moment, I do not think that they can get something good in fact,but after the release of Ethereum 2.0, I am sure that everything can become possible.

Ethereum 2.0 should be released next year, so we are waiting for the announcement and Ethereum will be able to implement many cool ideas.

ETH 2.0 is nowhere yet to be found, there are no updates and release when it will possibly be but there is a need for improvement for ETH transaction performance due to bulk users imthat uses it, I still hold some of my eth since there are times that the prices moves too hight or sometimes the movement is still pretty good to trade, there are more improvements for ETH that if solved can take its price to a much more level.

[Spaffin]

I found a video of Mark Cuban explaining this: https://youtu.be/QEoBeIdwuRg

Do you think Ethereum has potential to become store of value? Why or why not?

In my opinion, there is no need to strive to ensure that ethereum mainly acts as a store of value, as Bitcoin does now. The main purpose of a decentralized cryptocurrency is to be an alternative means of payment to the current payment system. However, any type of money includes all functions, including a store of value and value. But the function of the means of payment must be decisive.
I don't think there is a real threat for ethereum to become like Bitcoin. Thousands of tokens have been created on the ethereum platform, the movement of which requires payment with this coin. Therefore, there will always be an ethereum movement.

There are no barriers to using Ethereum for savings like Bitcoin. ETH today is not only fuel for its ecosystem, but also a rather profitable asset for investment, a means of payment and, of course, a means of savings. If we talk about cryptocurrency as a reliable storage, then even bitcoin cannot act as a storage today, while there is a huge volatility of these cryptocurrencies. But the more large investors increase the capitalization of Bitcoin and Ethereum, the more the percentage of their price stability will become.

[forexandcryptoauditor]

The situation today is heading towards pushing ethereum to make it store value. Many projects are now moving towards binance chain and some existing projects are no exceptions to it. Its really now point where the solution is required to lower the transaction fees.