1. To keep a high ETH price you need more than 400.000 BTC, this will cause BTC to rise. 2. ETH is no official currency, BTC is in many countries, like Japan, EU 3. ETH is not ment as currency, BTC is 4. ETH has permament inflation, and will eventually keep decreasing in price. 5. ETH smart contracts are hackable. BTC is not hackable in any way. 6. ETH keeps these high prices, because of the very small possibility of a positive SEC ETF descision. If the SEC denies ETH will be deep in the red. 7. ETH technology is good, but by far not the best, many alt coins are already way more advanced than ETH. ( STR for example, NAV will be end of this year, BTS is similair ) 8. ETH buyers are filled with people with little understanding of crypto. These holders usually panic sell easily, will not cause stability. 9. BTC will get segwit, and the only BTC problem will vanish in thin air. 10. Buying alt coins with ETH is not popular at all and not supported by large exchanges.
In short ETH has a very small chance of the flippening. At the moment the media is also hyping ETH. This is a major red flag, because the media is usually wrong. The media uses every chance to FUD BTC and BTC always keeps rising for example lol.
Комментарии
majic92
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Your arguments are really explicit..but i think eth have not said her last word like btc, but i agree what eth made btc can do better but btc gouvernance is a problem miner, dev, and industry are in disacord, the consensus bitcoin has made a bad buz on btc, i think also btc isnt secure blockchain can split and it is a problem also,i read "btc is better distrib" (FUD°_°) there rich list like eth, in case be carreful, other alt could out their pin of the game like bcc or iota may zec or other crypto not yet discovered like minereum seems perfect protocol of distrib.
mtavartkiladze
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There is place for both and I don't think there is much importance in this, ethereum is platform like IOS or Android or any other, btc don't have any alternatives in this to offer so they both can exists without destroying each other, ethereum have done huge work for other cryptos last several month including btc.
jbluebs
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1. To keep a high ETH price you need more than 400.000 BTC , this will cause BTC to rise.
What does this even mean
2. ETH is no official currency, BTC is in many countries, like Japan, EU
LOL "official currency" - thats not even close to what it is. Some places have accepted payments in bitcoin. That is not the same thing as being an "official currency"
3. ETH is not ment as currency, BTC is
This isnt even a point. This is a statement. ETH can infact be used as a currency, with higher transaction speed and less fess than BTC
4. ETH has permament inflation , and will eventually keep decreasing in price.
This is just flat out wrong. You clearly dont know what Casper is, so you are uniformed.
5. ETH smart contracts are hackable. BTC is not hackable in any way.
Smart contracts are a value added ontop of ETH. BTC can't even do smart contracts. A smart contract wasn't hacked, a loop hole in the code was made, there is a huge difference.
6. ETH keeps these high prices, because of the very small possibility of a positive SEC ETF descision. If the SEC denies ETH will be deep in the red.
LOLOLOL do you actually believe that?
7. ETH technology is good, but by far not the best, many alt coins are already way more advanced than ETH. ( STR 0.00% for example, NAV 0.67% will be end of this year, BTS 0.00% is similair )
ALL THESE COINS ARE ALSO WAY MORE ADVANCED THEN BTC.
8. ETH buyers are filled with people with little understanding of crypto. These holders usually panic sell easily, will not cause stability.
LOL You fall into this camp
9. BTC will get segwit, and the only BTC problem will vanish in thin air.
IF you believe this is THE only problem, you are delutional
10. Buying alt coins with ETH is not popular at all and not supported by large exchanges.
At this point Im just wasting my time. Is Polo a big exchange? Have you noticed the HUGE ICO's taking place with Ethereum the last couple months ore have you been living under a prehistoric BTC rock?
Marginbuu
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@darknight1818, Oke i will elaborate
1. The last amd strongest push on ETH mainly came from poloniex. ( huobi, bithump and okcoin played a big role i understand ) This doesnt take away the fact that the main volume comes from margin ETH/BTC trading on poloniex. So many BTC must be stuck in margin to lift ETH further than 0.15. That number should be about 400.000 btc. ( including the btc that is used to normally buy eth. So this means that those BTC can not be sold, because they are being used for ETH/BTC longs. This causes massive temporary deflation BTC. This will cause more scarecity on BTC.
2. The EU high courts has officialy stated that BTC is an official currency. Japan fully legalized BTC removing a 8 % tax that was levied on BTC.
3. ETH is ment as a smart contract platform. Its main goal is not to become the number one currency.
4. ETH will have 90 years of inflation, going less and less fast i agree. But realize that eventually there will be over 150 million ETH. And only 21 million BTC.
5. ETH smart contracts have been hacked and it will happen again. New exploits will be found, because of the high use of ETH smart contract more vunerabilities will come to light. It can be fixed but it will cut ETH prices every time it happens.
6. Come one this is not even a serious argument? You really think the SEC ETH ETF has no effect?
7.Yes they are also better than BTC, But BTC is more than just a currency. It is the hearth of the crypto currency world. You need a perfect coin to beat BTC. BTC is evenly spread compared to ETH. ETH is mainly held by the top 20.
8. Many new people are lurend into ETH due to agressive marketing campaigns and the general media. Not knowing or understanding what they are buying. You cannot deny this.
9. Yes bitcoin is perfect in every way. Except the transaction issues that segwit will easily fix.
10. The ETH tokens are doing great. But you need massive amounts of BTC to raise their prices.
I dont just say random stuff here, you cant possibly think I am trying to FUD eth lol. My little post wont make the difference. I honestly think there is more money to be made in other alts. Not saying you should all in on BTC xD Just trying to warn people to not buy in price discovery mode, that can end really badly. ETH almost only had good news lately. Bad news will hit hard in such extreme growths.
mightytrader
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@Marginbuu, I think XRP slaughters ETH. And if Ripple needs smart contracts, Team Ripple has some of the brightest people on Earth to make their own implementation. Keep in mind, ETH is created by a young kid. Very bright boy but I don't trust my money in someone just barely out of puberty.
Marginbuu
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@mightytrader, Areed if there was an XRP ETF Sec in the near future XRP would take down ETH. If SEC denies ETH for ETF i expect a mighty explosion in the land of ripple :P
jbluebs
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God. This might be the most uniformed opinion i have ever read.
Marginbuu
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@darknight1818, Funny enough im a perfectly right on eth so far. I made big money on ETH, but im not goin back in above 0.1 . ETH is a good coin, just not that good.
jbluebs
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@Marginbuu, I mean its hard to not make big money on ETH so that doesnt add credibility to your statement
Marginbuu
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its just an idea, about how I think it will unfold. You don't have to become angry if I dont believe in the flippening.