I welcome anyone to join us at reddit.com/ethtrader and join people who actually make money with crypto
Just to clear up some confusion:
1. First things first: Ether supply is not infinite - in a few months we will switch to a new algorithm (Proof of Stake) and mining will stop forever. Dilution will stop immediately. There will be a low inflation of possibly 0 to 1% per anno.
2. Many bluechips, some of the largest corporations on this planet are heavily investing into Ethereum or are at least researching it, including Reuters (News), RWE (Energy) and some of the largest insurers in the world
3. There is an overwhelming brain-drain happening. Many smart developers left BTC and joined Ethereum already.
4. The fact that we as a community raised $150 million in a month to fund the development shows that we will quickly outspend BTC development in a major way
5. ETH Network difficulty continues to explode, underlining that this is a real network that will quickly outpace BTC
6. ETH has much more use cases than BTC will ever have - it goes way beyond currency and as such you can argue that it will have far greater volume, especially if it can grab some of the IoT market share. Fact: After 7 years+ BTC has no scripting language.
7. ETH is incredibly, incredibly fast and way easier to scale
8. ETH is easy to program. The programming language is based on Javascript
9. ETH has the potential to revolutionize some of our largest industries on this planet. It has garnered so much attention that government institutions are now actively looking into it to safe money on administration / notary services and so on
10. Bitcoin was an experiment. It failed to go beyond currency. ETH is already there. We are doing it, right now.
Again, if you are bored of 1-2% gains or even 50% losses in the next months, then I welcome you to join us on /ethtrader
Take a step back and look at what ETH is (a huge and wonderful play on the 300B sharing economy and IoT revolution).
Then evaluate BTC and you will see that BTC cannot compete in any way and has already lost the "war".
Put on top that silly civil war going on between BTC devs.
Put on top the fact that BTC is effectively controlled by the Chinese - there are large stakeholders that have an interest in seeing BTC fail.
Ultimately, you have to ask yourself, do you want to invest in a Chinese company or a network that is jointly governed and controlled by the world?