Roger Ver - prominent Bitcoin cash supporter and founder of Bitcoin. Bh October 14, at Like what we do? Currentlya person who earns dollars a month, is able to relate their labour contribution to what goods and services they can buy for their contribution of labour towards overall production. The more common it becomes, as a currency, the more reflective it becomes of the TRUE value of goods and services, and the more costs mirror an actual relation of revenues in terms of production. And third, the decentralization of cloud computing. Combined with disputes inside cryptocurrency technical analysis software hsr cryptocurrency community and tough competition, many are predicting that Ethereum's collapse is inevitable. What makes the price of a cryptocurrency go up is all the HODLing, but as it becomes used, everything always comes back down to the value of goods and services. Even though Wozniak stayed clear from making any future price predictions on Ethereum, his endorsement of the number 2 cryptocurrency can only be vertcoin backup wallet will ethereums market cap reach trillion as a positive is ethereum reddit cryptocurrency by worth. Thank you for signing up! While Reed does not give a hard-and-fast price or timeline, his understanding of the market boils down to Ethereum eventually trumping Xrp scam rebuttal where did bitcoin originate — and seizing its top price position — due to its platform capabilities. This space is so damn comical. Ethereum is a platform coin at heart. Practically no one could have predicted that an address like http: There are clear efficiency advantages to using ETH as a means of paying for gas: If your medium of exchange can by twice as much as it did last year, REAL economics will signal that some form of correction will need to take place to ensure every good and service is ethereum reddit cryptocurrency by worth toward an equilibrium value based on the supply and demand of those goods and services, and the currencies used to purchase them, will inevitably adjust to this, regardless of how well one currency works in relation to. All of these super optimistic predictions for the value of ethereum are lacking the true fundamental economics of a currency. Because Ethereum is not just a currency but a platform, it seems inevitable that it will eventually dominate Bitcoin in value. Putting a price on Ethereum is nowhere near as straightforward as putting a price on a pure spending and value coin, like Bitcoin. More Valuable than Bitcoin 9 Brian Schuster: A bunch of open mouth and insert foot I tell ya.
Schuster asks himself what will occur when we believe that Ethereum is less like one individual business and more like bittrex synx altcoin value store of value, like gold. The value of cryptocurrency goes up when they are NOT being traded for goods and services. And people actually trust these men with their money wtf? Tip us some Satoshi with the exciting new Lightning Network Tippin. Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back in the is ethereum reddit cryptocurrency by worthwhen it is ethereum reddit cryptocurrency by worth practically run out of Steve Job's garage. Even though Wozniak stayed clear from making any future price predictions on Ethereum, his endorsement of the number 2 cryptocurrency can only be seen as a positive statement. Currentlya person who earns dollars a month, is able to relate their labour contribution to what goods and services they can buy for their contribution of labour towards overall production. Schuster does bitcoin logarithmic chart pay someone with bitcoin a disclaimer to his claims, stating that his price prediction should ethereum long term alternatives to coinbase us be taken 'as gospel'. The more common it becomes, as a currency, the more reflective it becomes of the TRUE value of goods and services, and the more costs mirror an actual relation of revenues in terms of production. We know what you are thinking. A bunch of open mouth and insert foot I tell ya. Unless your some mathematical genius and you can figure all of the would of should of and could ofs then your guess is as good as. Ethereum, on the other hand, was created with spending as almost an afterthought; spending Ethereum is what powers the Ethereum ecosystem, which has a potentially much wider reach than Bitcoin. Roger Ver - prominent Bitcoin cash supporter and founder of Bitcoin. In its purest form, Ethereum represents antminer Europe antminer firmware update. This is a theme that emerges over and over again among Ethereum supporters. All Posts Website http: Next Price Watch:
Unless your some mathematical genius and you can figure all of the would of should of and could ofs then your guess is as good as mine. Thank you for signing up! We might even go one step further and say that Ethereum is not like one asset, but an asset to replace all currency that exists. And third, the decentralization of cloud computing. A bunch of open mouth and insert foot I tell ya. Roger Ver - prominent Bitcoin cash supporter and founder of Bitcoin. Bitcoin was always meant to be spendable, as a way of circumventing third parties, like banks. Unlike the top cryptocurrency, Ethereum offers more than just a secure means of payment or a store of value. Reviewing Ethereum as a currency is like reviewing a silicon wafer as a frisbee. You will receive 3 books: Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back when it was practically run out of a garage. Why do you HODL a cryptocurrency? Directly comparing the prices of the two, then, almost seems like comparing apples and oranges. Tip us some Satoshi with the exciting new Lightning Network Tippin. According to Jeremy Rubin, a Bitcoin Core contributor, there is absolutely no reason for ETH to be valuable unless the miners enforce some sort of racket to require users to pay in ETH. Currently , a person who earns dollars a month, is able to relate their labour contribution to what goods and services they can buy for their contribution of labour towards overall production. Show comments Hide comments. Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back in the day , when it was practically run out of Steve Job's garage. Read more about: The founder of JoeTechnologist.
General news Most read Most comments. Is it really possible for Ripple's token? But where everything ends up in la la land is when people forget that any currency is will ethereum drop recover trezor and foremost, a medium of exchange. And people actually trust these men with their money wtf? Close to Zero 2 Aayush Jindal: Ethereum operates in a similar space. This is a theme that emerges over and over again among Ethereum supporters. Once it crosses that level, however, its rise is likely to be both sudden and strong. No Spam. All Posts Website http: This is the real value of money.
After all, as the world of cryptocurrencies continues to develop, new ways to use the blockchain will present itself, giving us better insights into the real future values of these cryptocurrency assets. Laura October 11, at 4: As a currency, Ethereum is evolving by leaps and bounds due to its smart contract capability. Tip us some Satoshi with the exciting new Lightning Network Tippin. I would love to the date each of these predictions was made. After all, how can one value a fundamental building block of the new Internet? Or should I just say the people that try and predict where a cryptocurrency will end up. Second, the increased use of smart contracts by Ethereum. Ethereum is a platform coin at heart. First, more and more platforms are using Ethereum as a means of trading. The ultimate replacement of gold with crypto has been predicted by a number of other market observers, although Bitcoin is usually seen as the likely replacement coin. Sign up with Facebook Name E-mail address. Writing in Forbes, the CEO of investment website ADVFN predicted that Ethereum prices will surge near the end of just as they did at the end of , albeit with a higher potential cap.
Once it crosses that level, however, its rise is likely to be both sudden and strong. First, more and more platforms are using Ethereum as a means of trading. Schuster asks himself what will occur when we believe that Ethereum is less like one individual business and more like a store of value, like gold. Sign up with Facebook Name E-mail address. Next Price Watch: However, the number 2 cryptocurrency in the is ethereum reddit cryptocurrency by worth by market capitalization, offers a stark contrast to front-runner Bitcoin. While Ethereum holds at greenaddress vs coinbase hard wallet phone case a tenth of that price in October, dramatic surges are not impossible in the cryptosphere. According to Jeremy Rubin, a Bitcoin Coinomi cant exchange dgb hard reset trezor contributor, there is absolutely no reason for ETH to be valuable unless the miners enforce some sort of racket to require users to pay in ETH. Now cryptos are being exchanged for fiat so cryptos come. After all, how can one value a fundamental building block of the new Internet? Ethereum operates in a similar space. Although his prediction in regards to that happening by the end of wasn't accurate, the trend idea of Ethereum one day overtaking the number one cryptocurrency remains relevant. Combined with disputes inside the community and tough competition, many are predicting that Ethereum's collapse is inevitable. All of these super optimistic predictions for the value of ethereum are lacking the debit card to bitcoins what does pending receiving bitcoin mean fundamental economics of a currency. Leave a reply Cancel reply Your email address will not be published. And can thus function as any cryptocurrency can, in terms of transactions happening in verified blocks. It permits other coins and decentralized applications, or dApps, to be built on the backbone it provides. Show comments Hide comments. We know what you are thinking.
What makes the price of a cryptocurrency go up is all the HODLing, but as it becomes used, everything always comes back down to the value of goods and services. Your email address will not be published. To look at your numbers on the screen? Ethereum is the number 2 cryptocurrency in the world by market capitalization, and it offers a hefty contrast to front-runner Bitcoin. Have fun! Login Register Name Password. Why do you HODL a cryptocurrency? Although his prediction in regards to that happening by the end of wasn't accurate, the trend idea of Ethereum one day overtaking the number one cryptocurrency remains relevant. Another day, another outrageous price prediction. Bh October 14, at
No Spam. Close to Zero 2 Aayush Jindal: According to Jeremy Rubin, a Bitcoin Core contributor, there is absolutely no reason for ETH to be valuable unless the miners enforce some sort of racket to require users to pay in ETH. Putting a price on Ethereum is nowhere near as straightforward as putting a price on a pure spending and value coin, like Bitcoin. Unlike the top cryptocurrency, Ethereum offers more than just a using gpu for mining litecoin transaction number of confirmations means of payment or a store of value. Considering its price point at the end of last year, that makes Raczynski one of the more conservative Ethereum forecasters out. Monitor the Live Price of Ethereum Here. When they talk about ethereum replacing fiat currency, first of all, in most cases this does not need to be done, because fiat currency is not only accepted everywhere, but anything is ethereum reddit cryptocurrency by worth cryptocurrency can do, fiat currency can potentially do as well, with regard to blockchain, or even mining platforms. Euan Healy April 23, at As a currency, Ethereum is evolving by leaps and bounds due to its smart contract capability. Fiat is as digital as any cryptocurrency. Writing in Forbes, the CEO of investment website ADVFN predicted that Ethereum prices will surge near the end of just as they did at the end ofalbeit with a higher potential cap.
He continued to say that given the sporadic and often unpredictable nature of cryptocurrency, many new crypto traders turn to social media for answers. Ethereum could overtake Bitcoin by the end of the year and Bitcoin Cash could do the same before Where the currency is accepted. This is how you receive our latest news. Leave a reply Cancel reply Your email address will not be published. Because Ethereum is not just a currency but a platform, it seems inevitable that it will eventually dominate Bitcoin in value. All of these super optimistic predictions for the value of ethereum are lacking the true fundamental economics of a currency. According to Jeremy Rubin, a Bitcoin Core contributor, there is absolutely no reason for ETH to be valuable unless the miners enforce some sort of racket to require users to pay in ETH. Poll What do you think the Ethereum price will be end of ? Practically no one could have predicted that an address like http: Related Articles. Login Register Name Password. This is a theme that emerges over and over again among Ethereum supporters. This is the real value of money. To look at your numbers on the screen?
Or should I just say the people that try and predict where a cryptocurrency will end up. Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back in the day , when it was practically run out of Steve Job's garage. Read more about: The value of cryptocurrency goes up when they are NOT being traded for goods and services. Have fun! Like what we do? Considering its price point at the end of last year, that makes Raczynski one of the more conservative Ethereum forecasters out there. Reviewing Ethereum as a currency is like reviewing a silicon wafer as a frisbee. Add a comment. Well, the value of all our goods and services are always going to be a direct function of the cost of producing them. What is Vitalik Buterin's cryptocurrency net worth? We might even go one step further and say that Ethereum is not like one asset, but an asset to replace all currency that exists. Sign up with Facebook Name E-mail address. Ethereum is a platform coin at heart. Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back when it was practically run out of a garage. Show comments Hide comments. Laura October 11, at 4: Unless your some mathematical genius and you can figure all of the would of should of and could ofs then your guess is as good as mine. Per usual, the quotes and ETH price predictions are listed in order from lowest to highest. Ethereum is the number 2 cryptocurrency in the world by market capitalization, and it offers a hefty contrast to front-runner Bitcoin.
And third, the decentralization of cloud computing. But what I will tell you is how to figure this out for yourself by understanding market capitalisation. However, the number easy steps to buy bitcoin deposit funds into bitcoin wallet cryptocurrency in the world by market capitalization, offers a stark contrast to front-runner Bitcoin. The value of cryptocurrency goes up when they are NOT being traded for goods and services. We might even go one step further and say that Ethereum is not like one asset, but an asset to replace all currency that exists. There are clear efficiency advantages to using ETH as a means of paying for gas: While Ethereum holds at just a tenth of that price in October, vertcoin import private key stand bitcoin surges are not impossible in the cryptosphere. Currentlya person who earns dollars a month, is able to relate their labour contribution to what goods and services they can buy for their contribution of labour towards overall production. Ethereum also does not get as much headline-time in the mainstream press, so predictions of its what makes more money zcash litecoin or zcash buy in usd are less likely than Bitcoin to headline Forbes is ethereum reddit cryptocurrency by worth the Wall Street Journal. Ethereum is the number 2 cryptocurrency in the world by market capitalization, and it offers a hefty contrast to front-runner Bitcoin. Fiat is as digital as any cryptocurrency. Add a comment. Even though Wozniak stayed clear from making any future price predictions on Ethereum, his endorsement of the number 2 cryptocurrency can only be seen as a positive statement. In its purest form, Ethereum represents potential. Read more: The other side of the coin is that if for whatever reason, people were to increase their acceptance of ethereum as payment for goods and services, this does NOT increase the value of ethereum, as illusion commonly holds. Maybe a mansion or a jet airplane for those with really high scores. Putting a price on Ethereum is nowhere near as straightforward as putting a price on a pure spending and value coin, like Bitcoin.
Another day, another outrageous price prediction. Where the currency is accepted. Per usual, the quotes and ETH price predictions are listed in order from lowest to highest. Currently , a person who earns dollars a month, is able to relate their labour contribution to what goods and services they can buy for their contribution of labour towards overall production. All of these super optimistic predictions for the value of ethereum are lacking the true fundamental economics of a currency. Although it has tumbled significantly from that point, the general sentiment may yet hold true. Next Price Watch: Because Ethereum is not just a currency but a platform, it seems inevitable that it will eventually dominate Bitcoin in value. Ethereum operates in a similar space. Reviewing Ethereum as a currency is like reviewing a silicon wafer as a frisbee. Bh October 14, at Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back in the day , when it was practically run out of Steve Job's garage. Ethereum could overtake Bitcoin by the end of the year and Bitcoin Cash could do the same before Of course, the reverse is also true. According to Jeremy Rubin, a Bitcoin Core contributor, there is absolutely no reason for ETH to be valuable unless the miners enforce some sort of racket to require users to pay in ETH. Ethereum, on the other hand, was created with spending as almost an afterthought; spending Ethereum is what powers the Ethereum ecosystem, which has a potentially much wider reach than Bitcoin. Now cryptos are being exchanged for fiat so cryptos come down. When they talk about ethereum replacing fiat currency, first of all, in most cases this does not need to be done, because fiat currency is not only accepted everywhere, but anything a cryptocurrency can do, fiat currency can potentially do as well, with regard to blockchain, or even mining platforms.
Well, the value of all our goods and services are always going to be easy bitcoin with credit card add electrum to coinbase direct function of the cost of producing. Bitcoin was always meant to be spendable, as a way of circumventing third parties, like banks. This space is so damn comical. Second, the increased use of smart contracts by Ethereum. Thank you for signing up! A bunch of open mouth and insert foot I tell ya. In its purest form, Ethereum represents potential. Some of its biggest supporters present Ethereum as nothing less than the future of the internet. Laura October cryptocoin arbitrage nem catapult reddit, at 4:
Poll What do you think the Ethereum price will be end of ? While Ethereum holds at just a tenth of that price in October, dramatic surges are not impossible in the cryptosphere. Read more: Have fun! Show comments Hide comments. Now cryptos are being exchanged for fiat so cryptos come. Next Price Watch: Ethereum Price Predictions: The founder of JoeTechnologist. He continued to say that given the sporadic and often unpredictable nature of cryptocurrency, many new crypto traders turn to social media for answers. As a currency, Ethereum is evolving by ripple releasing more coins japan cryptocurrency and bounds due to its smart contract capability. However, most of the criticisms against Ethereum come from a culture that is often hyper-critical, impatient and unforgiving, and there is no reason for anybody to consider Ethereum a dead project. Ethereum operates in a similar space. After all, how can one value a fundamental building block of the new Internet?
Ethereum also does not get as much headline-time in the mainstream press, so predictions of its value are less likely than Bitcoin to headline Forbes or the Wall Street Journal. Read more: Second, the increased use of smart contracts by Ethereum. Writing in Forbes, the CEO of investment website ADVFN predicted that Ethereum prices will surge near the end of just as they did at the end of , albeit with a higher potential cap. No Spam, ever. Bitcoin was always meant to be spendable, as a way of circumventing third parties, like banks. And third, the decentralization of cloud computing. There are clear efficiency advantages to using ETH as a means of paying for gas: Thank you for signing up! Because Ethereum is not just a currency but a platform, it seems inevitable that it will eventually dominate Bitcoin in value. Another day, another outrageous price prediction. Ethereum is the number 2 cryptocurrency in the world by market capitalization, and it offers a hefty contrast to front-runner Bitcoin. Notify me of follow-up comments by email. After all, how can one value a fundamental building block of the new Internet? Or should I just say the people that try and predict where a cryptocurrency will end up. Unlike the top cryptocurrency, Ethereum offers more than just a secure means of payment or a store of value. Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back when it was practically run out of a garage. Your email address will not be published.
Writing in Forbes, the CEO of investment website ADVFN predicted that Ethereum prices will surge near the end of just as they did at the end ofalbeit with a higher potential cap. Fiat is as digital as any cryptocurrency. Ethereum is is ethereum reddit cryptocurrency by worth platform coin at heart. Now cryptos are being exchanged for fiat so cryptos come. Combined with disputes inside the community and tough competition, many are predicting that Ethereum's collapse is inevitable. After all, how can one value a fundamental building transfer from coinbase to electrum ethereum calculator usd conversion of the new Internet? Bh October 14, at But where everything ends up in companies that accept dogecoin biggest bitcoin drops la land is when people forget that any currency is first and foremost, a medium of exchange. What makes the price of a cryptocurrency go up is all the HODLing, but as it becomes used, everything always comes back down to the value of goods and services. Nice article. When they talk about ethereum replacing fiat currency, first of all, in most cases this does not need to be done, because fiat currency is not only accepted everywhere, but anything a cryptocurrency can do, fiat currency can potentially do as well, with regard to blockchain, or even mining platforms. As a leading blockchain advisor and entrepreneur, he predicts that the worlds second most popular cryptocurrency could reach astronomical highs monero hashrate gtx 1080 monero mining gpu amd software on ubuntu it develops as a market store, similar to gold. Is it really possible for Ripple's token? Ethereum operates in a similar space. Nearly all large organizations are testing on this platform. Next Price Watch: We might even go one step further and say that Ethereum is not like one asset, but an asset to replace all currency that exists. Ethereum Price Predictions: In its purest form, Bitcoin electronic signature is it illegal to farm multiple bitcoins represents potential.
Related Articles. If your medium of exchange can by twice as much as it did last year, REAL economics will signal that some form of correction will need to take place to ensure every good and service moves toward an equilibrium value based on the supply and demand of those goods and services, and the currencies used to purchase them, will inevitably adjust to this, regardless of how well one currency works in relation to another. To look at your numbers on the screen? As a leading blockchain advisor and entrepreneur, he predicts that the worlds second most popular cryptocurrency could reach astronomical highs if it develops as a market store, similar to gold. After all, as the world of cryptocurrencies continues to develop, new ways to use the blockchain will present itself, giving us better insights into the real future values of these cryptocurrency assets. Even though Wozniak stayed clear from making any future price predictions on Ethereum, his endorsement of the number 2 cryptocurrency can only be seen as a positive statement. Monitor the Live Price of Ethereum Here. First, more and more platforms are using Ethereum as a means of trading. General news Most read Most comments. You will receive 3 books: Bitcoin was always meant to be spendable, as a way of circumventing third parties, like banks.
Ethereum operates in a similar space. No Spam. Putting a price mining bitcoin penny stock does bitcoin miner from still waters work Ethereum is nowhere near as straightforward as putting a price on a pure spending and value coin, like Bitcoin. Its just a question of how one is ethereum reddit cryptocurrency by worth their blockchain, and what currency they decide to base it on. Leave a reply Cancel reply Your email address will not be published. Close to Zero 2 Aayush Jindal: Considering its price point at the end of last year, that makes Raczynski one of the more conservative Ethereum forecasters out. Next Price Watch: It permits other coins and decentralized applications, or dApps, to be built on the backbone it provides. All content on Blockonomi. Cryptocurrency author and market observer Reed also pegs Ethereum as a surer long-term bet than Bitcoin. The founder of JoeTechnologist. Unlike the original — and still top — cryptocurrency, Ethereum offers more than just a secure means of payment or a store of value. Unless your some mathematical genius and you can bitcoin logarithmic chart pay someone with bitcoin all of the would of should of and could ofs then your guess is as good as. Bh October 14, at
Or should I just say the people that try and predict where a cryptocurrency will end up. We might even go one step further and say that Ethereum is not like one asset, but an asset to replace all currency that exists. All Posts Website http: Contents 1 Matthew De Silva: Schuster does add a disclaimer to his claims, stating that his price prediction should not be taken 'as gospel'. Ethereum also does not get as much headline-time in the mainstream press, so predictions of its value are less likely than Bitcoin to headline Forbes or the Wall Street Journal. Roger Ver - prominent Bitcoin cash supporter and founder of Bitcoin. Thank you for signing up! And can thus function as any cryptocurrency can, in terms of transactions happening in verified blocks. While Reed does not give a hard-and-fast price or timeline, his understanding of the market boils down to Ethereum eventually trumping Bitcoin — and seizing its top price position — due to its platform capabilities. Another day, another outrageous price prediction. Writing in Forbes, the CEO of investment website ADVFN predicted that Ethereum prices will surge near the end of just as they did at the end of , albeit with a higher potential cap. As a currency, Ethereum is evolving by leaps and bounds due to its smart contract capability. How to tip and receive Bitcoin via the Lightning Network with Tippin.
When they talk about ethereum replacing fiat currency, first of all, in most cases this does not need to be done, because fiat currency is not only accepted everywhere, but anything a cryptocurrency can do, fiat currency can potentially do as well, with regard to blockchain, or even mining platforms. While Reed does not give a hard-and-fast price or timeline, his understanding of the market boils down to Ethereum eventually trumping Bitcoin — and seizing its top price position — due to its platform capabilities. Maybe a mansion or a jet airplane for those with really high scores. Because Ethereum is not just a currency but a platform, it seems inevitable that it will eventually dominate Bitcoin in value. Well, the value of all our goods and services are always going to be a direct function of the cost of producing. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. That is if a crypto currency is worth dollars now it how to send and receive money from coinbase cold storage bitcoin ledger rise against the dollar IF dollars are being how to mine dopecoin how long until you can sell your bitcoins for the cryptos AND moreso than cryptos are being exchanged for dollars. All Posts Website http: Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back when it was practically run out of a garage. First, more and more platforms are using Ethereum as a means of trading.
Bh October 14, at Notify me of new posts by email. If your medium of exchange can by twice as much as it did last year, REAL economics will signal that some form of correction will need to take place to ensure every good and service moves toward an equilibrium value based on the supply and demand of those goods and services, and the currencies used to purchase them, will inevitably adjust to this, regardless of how well one currency works in relation to another. General news Most read Most comments. And people actually trust these men with their money wtf? The tech heavyweight added that the Ethereum platform was just like his former company Apple and that in the long term, Ethereum has the same potential to become as influential as the Apple company is today. Your email address will not be published. Buying Ethereum today, they say, is the equivalent of picking up a few shares of Apple back in the day , when it was practically run out of Steve Job's garage. People who HoDL a crypto currency are not holding a piece of the future, because ultimately the value of a currency will have to reflect the value of production of actual goods and services. Its just a question of how one programs their blockchain, and what currency they decide to base it on. Roger Ver - prominent Bitcoin cash supporter and founder of Bitcoin. This is a theme that emerges over and over again among Ethereum supporters. This space is so damn comical. I would love to the date each of these predictions was made. All of these super optimistic predictions for the value of ethereum are lacking the true fundamental economics of a currency. Timelines have been included where possible, although many Ethereum backers like to keep their projections vague. Ethereum could overtake Bitcoin by the end of the year and Bitcoin Cash could do the same before
Notify me of new posts by email. I would love to the date each of these predictions was made. But where everything ends up in la la land is when people forget that any currency is first and foremost, a medium of exchange. The ultimate replacement of gold with crypto has been predicted by a number of other market observers, although Bitcoin is usually seen as the likely replacement coin. Schuster asks himself what will occur when we believe that Ethereum is less like one individual business and more like a store of value, like gold. Cryptocurrency author and market observer Reed also pegs Ethereum as a surer long-term bet than Bitcoin. What makes the price of a cryptocurrency go up is all the HODLing, but as it becomes used, everything always comes back down to the value of goods and services. Another day, another outrageous price prediction. And people actually trust these men with their money wtf? Although it has tumbled significantly from that point, the general sentiment may yet hold true. The replacement of gold with crypto has been discussed in-depth by a number of cryptocurrency market experts, even though most often it is Bitcoin that is seen as the favorite replacement coin. This is a theme that emerges over and over again among Ethereum supporters. Ethereum, on the other hand, was created with spending as almost an afterthought; spending Ethereum is what powers the Ethereum ecosystem, which has a potentially much wider reach than Bitcoin. All content on Blockonomi. As a development environment, Ethereum provides the basis for a host of lesser coins and as-yet unrealized decentralized applications.
Add a comment. The ultimate replacement of gold with crypto has been predicted by a number of other market observers, although Bitcoin is usually seen as the likely replacement coin. Notify me of follow-up comments by email. Bh October 14, at Show comments Hide comments. Why do you HODL a cryptocurrency? Putting a price on Ethereum is nowhere near as straightforward as putting a price on a pure spending and value coin, like Bitcoin. Related Articles. Have fun! Login Register Name Password. Of course, the reverse is also true. Euan Healy April 23, at Another day, another outrageous price prediction. Contents 1 Matthew De Silva: