Re: Diff thread July 18 to Aug 1st? picks are Now closed! prize = $50 usd
ETH and ETC look better on paper then BTC.
The moment that the bailout fork happened, Ether died. They destroyed immutability and inacted monetary policy to satisfy greed, resulting in loss of trust. At the same time they drew focus to the fact that Eth is far too complex for the JavaScript generation of programmers to correctly develop programs that work as intended.
Eth and Etc are both dead. It just might take a little time for them to become worthless.
That doesn't mean that there's not short term returns to be made. Even Paycoin made money for some people. I got crazy rental prices during that insanity, resulting in guaranteed ROI for my Spondoolies. I never owned any Paycoin though because I never believed in it. I don't believe in Eth either
But back on topic, long term Eth (both forks) has no future. Bitcoin does, as long as we can learn from this mistake and not recreate it.
it is all relative I see btc dying without a fix to the daily transaction cap
you see eth-etc dying due to the fork
I see the eth-etc fork as the simple reality for any coin.
since any coin can agree to do it.
I am not hot on eth-etc as much as I am on the simple fact the crypto-industry needs a gpu coin that allows millions of transaction in a day. not all asic such as the 256 al-gore-rhythm of btc..
basically a coin like btc can do heavy lifting of major transactions and stay with a small daily transaction cap like the 700,000 max now which in practice is really 280,000 to 330,000 a day. we can't survive with those numbers.
well time will tell what happens you could be correct. I could be right . or most likely some other idea will come about .