1) What justifies the current ETH price? ETH is an inflationary currency, why would you invest unless it was a temporal invest while the HF FUD in bitcoin gets resolved?
2) How to store ETH? I may buy some precisely to hedge against the BU trolls crashing the BTC price, so I can buy back more BTC later without lossing purchasing power. The problem is, I may be buying at the tip ($50) before ETH crashes... thought call.
Is there any way to store USDT outside of poloniex in a safe way?
It's just a huge boom of innovation and development on this new technology (not even happening in BTC at this point)
It's like the internet 1980s
Logan Turner
>newfag can't greentext
all we want is your buying power.
Tyler Stewart
you can almost smell the butthurt, a poignant stench, yes yes dear
Blake Murphy
>1) What justifies the current ETH price?
Nothing except speculation and manipulation, check this chart from some minutes ago. That must be a very idealistic or very stupid rich person if it isn't manipulation.
>2) The problem is, I may be buying at the tip ($50) before ETH crashes... thought call.
Exactly, you'd have to sit in front of your screen all the time or have stoplosses active which may trigger because of the manipulations going on.
Xavier Roberts
When ETH is used for something is it spent like dollars or burned up like fuel (no longer in circulation)?
Charles Adams
lol
it's a currency, but it's use is mostly to bet that it's worth compared to bitcoin and dollar will increase because people want to have it.
Jose Peterson
DOPECOIN is on track to beat ETH market cap
Blake Smith
+++ETH on the way to a new ATH!+++
Isaiah Myers
Yep, today we'll make it to 70$!
Connor Collins
1) Optimism and future expectations, gotta be real on that.
2) Best way if you got a lot? Encrypted hard drive with a copy on an encrypted usb should work
Tyler Russell
ether has a fixed supply that can be mined (or claimed when PoS get's implemented) every year. However, we didn't reach ATH yet as the foundation started a vote to reduce the reward a miner is getting for mining a block. this will reduce the supply of new ether. in the long term( think 10+ years), ETH is disinflatory.
Grayson Jackson
He was copying OP's format, faggot
Andrew Hall
>2) Best way if you got a lot? Encrypted hard drive with a copy on an encrypted usb should work
He's obviously asking about what wallet to use.
OP is obviously wanting to spread risk a bit because of the HF thing (which will not happen) just like everyone else buying ETH.
Hunter Morgan
I've seen this bs copy-pasted a bunch of times here.
ETH is inflationary, period.
Kevin Ward
>turing complete
Isaiah Campbell
>VM escapes >not understanding what EVM is lol
Angel Adams
>This FUD was debunked one year ago but is still used as a copypasta >ETH is safe and promising >BTC is slow and obsolete >Shills are trying too hard wtf am I doing here?
Cope Where are they? BTC is #1 and ETH is centralized garbage pumped by corporations and even then it's still ages away from BTC.
ETH is valued at 26.5% of the value of Bitcoin today while it is an inherently silly idea to use a Turing complete language for the scripting language in a blockchain based value token (which will be attacked again and again and again and again). On top of this there is no technical restriction to the number of tokens and most of the infrastructure is centralized.
And it's valued at 26.5% of XBT, in times where XBT is being trolled by paid chinese miners. It's quite easy to see that relative price is orders of magnitude of. It's unlikely for ETH to have much value.
Matthew Jenkins
t. nocoiner
Jaxon Fisher
Tell us how it is centralized? Have you heard about the DAO debacle hardfork vote, and how the decentralized democratic process was flawless? Are you an ETC bagholder? Or a BTC maximalist? Why the succes of ETH makes you so mad?
Adrian Gray
Probably because he's pissed that BTC is down 6% and ETH is up like 15%. Stay mad, ASIC fag
Noah Powell
This is where we are now kek
Alexander Garcia
I hold more BTC than you do you mong.
You mean when Vitalik was crying on reddit telling exchanges to stop all ETH trading to avoid people from panic selling? Yep, sounds like a currency I would like to be holding.
Leo James
That looks exactly like a healthy uptrend with healthy corrections. Your point?
Tyler Stewart
>down 30% in two weeks >healthy
Jonathan Wilson
shut the fuck up nigger
I've seen you on this board for over a year yelling cope like it's an argument
BTC is technically and fundamentally trash. that stupid image you put into every ETH threads is retarded on so many levels. virtualization has a long history in computing
you gonna keep yelling cope when ETH passes BTC's market cap? kek
Tyler Morgan
After 100% gains in no time, peak was 1350. Healthy correction. Alt bubble ensues.
Looks like you are still ignoring facts.
Turing Complete = constant risk for bugs and explots DAPPs going south = constant risk of a hard fork to save investors money PoS = nothing-at-stake still unfixed ETH = inflationary, so not a good long term investment anyway
BTC got its problems, ETH got Bigger problems. No system is perfect.
ETH short term = decent bet.
Long term = all money will go back to BTC eventually.
Dylan Ross
literally no one cares about BTC anymore you dickless cuck
the only amazing thing about bitcuck is that there hasn't been a run on the exchanges yet. perhaps the transfer rate is so slow and inefficient its acting as a rate limiting on panic liquididation, but sooner or later people are going to start selling at half face value just to eject
Christian Gray
>Turing Complete = constant risk for bugs and explots
complexity increases attack surface. it doesn't matter, though. they'll just fix the holes. people who have innovated have never gotten it right on the first try
>DAPPs going south = constant risk of a hard fork to save investors money
ya. that's never happening again. they learned their lesson the hard way. 15% of ETH was at risk and having some faggot bitcoin maximalist DDOSing the network with stolen funds was unpalatable to 95% of the holders.
>PoS = nothing-at-stake still unfixed
you haven't been paying attention. nothing at stake is solved with security deposits
>ETH = inflationary, so not a good long term investment anyway
they are aiming to cap supply at ~100mm with PoS and moving to 1-2% inflation
long term, ETH wins and BTC gets flushed down the toilet along with your ignorance
Nathaniel Foster
>literally no one cares about BTC anymore you dickless cuck
>the only amazing thing about bitcuck is that there hasn't been a run on the exchanges yet.
Guess why? because people value BTC too much to panic sell it into oblivion for some alt.
No, the main point is that a cryptocurrency working with TC in its core is a not a good idea, which is why bitcoin + a TC complete sidechain like rootstock is a better Ethereum than Ethereum.
>PoS Still has same problems it always had.
>1-2% inflation Which is not an attractive long term position to have.
For now im holding ETH too. Let's enjoy it while lasts, sooner or later it's time to jump ship again.
Dylan Edwards
What do you think about other altcoins such as ARK ?
Levi Howard
...
Elijah Reed
You missed the ETH boat, but there's still tickets available for the IOC moon mission.
Isaac Flores
...
John Davis
...
Ayden Cruz
hope you are enjoying the BTC death spiral because hundreds of fully grown adults can't come to a consensus on what the best method to fix their coin is.
Hudson Ward
>hope you are enjoying the BTC death spiral because hundreds of fully grown adults can't come to a consensus on what the best method to fix their coin is.
more like 6 chinese mining pool heads don't give a fuck about the tech and just want to resell free electricity
being asic resistant is one of eths best features for the pow period
It isn't inflationary dipshit there is a coin cap like btc
Benjamin Rivera
Eth is not really a blockchain. It's a mutable fun project slash fiat pyramid scheme slash we missed the bitcoin boat lets have our own party. The first big company to put a lot of money on the line with a complex smart contract stands to lose millions like the DAO, see the TC copy pasta for why. That is why none of them will. Those looking for a serious, sound form of money can never take Eth serious, the bailout fork being the cherry on top. What the smart money will do is make millions off the hype. DESU this pump surprises me, the DASH pump even more. Then again, the big banks have billions of freely printable funny money to pump into whatever they want, and they tied their names to this nonsense so....
Jackson Perry
please stop. literally babbys first crypto critque
Isaiah James
>1) What justifies the current ETH price? the failure of bitcoin
Brandon Myers
Only a matter of time until something new in a ethereum gets hacked and a few million ether get stolen.
Easton Howard
same hype was about clouds but in reality they do next to nothing