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.
Disagree. Maybe in your opinion it died, but not in mine. All this immutability talk is a non-starter in my opinion, unless you are a computer program.
People do change things. I agree that ethereum is too complex, perhaps, and this could be it's weakness, but not the fact that they adjusted something.
I think this is helpful as far as learning what crypto can and cannot do. If anything, this might increase the pace of innovation for everyone.
Scaling of both btc and eth should accelerate quite soon. In btc we will know once the meeting summary is released and in eth/etc I hear 50-100 transactions/sec in Casper.