Post
Topic
Board Speculation (Altcoins)
Re: To everyone converting BTC to ETH
by
BitcoinHodler
on 06/03/2016, 14:50:54 UTC
Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...

a. http://coinmarketcap.com/currencies/ethereum/#charts

b. http://coinmarketcap.com/currencies/nxt/#charts

Compare the following facts...

i. NXT was backed by a centralized organization, just like ETH.

ii. NXT was PoS, just like ETH will ultimately be.

iii. NXT offered asset exchange, while ETH offers smart contract. Both of these functionality, which they claim to make them unique, are actually possible on bitcoin blockchain, which is far more secure.

iv. With price rise, NXT backers sold their holding to increase liquidity in the market. With price rise, ETH backers are increasing ETH supply in the market to increase liquidity in the market.

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck Wink
Etherum have big chance to raise and raise until $30 ?i just saw etherum on 0.02 price last day,and than i see it now,its been 0.03
massive price increse,and feel fool bcause i dont buy last day,its now have to late to buy some etherum?many people talk about this altcoin,interesting coins.

the fact that ETH rose to $11 is no reason for it to reach $30
i am not saying it is or it is not rising to $30 i just want to point out that you can not make this conclusion that it is going to rise to $30 because it rose to $11