Post
Topic
Board Altcoin Discussion
Re: Can ETH match the BTC?
by
Bastime
on 05/11/2017, 13:27:06 UTC
I'm in this crypto world about two months, I've been observing the power of ETH!

Most probably never. For one reason BTC is capped and the other is not. For another and probably more importantly bitcoin has had several years of first mover advantage and this is really tough to undue. Either Ethereum

must have insane breakthrough never seen before or BTC must bust in a major way, neither of which I envision happening.

Is it possible that in the future they cut the limit of supply of Ethereum? Somehow, can they stop the mining?

It's impossible to mine Ethereum infinitely. The difficulty of Ethereum will shoot up exponentially. Next year there'll be a difficulty bomb. From that point on there will be far less new Ether created. Eventually the supply will grow by almost 0 a year.

There are more Bitcoin miners today but someday perhaps ETH will have more miners and investors as well. If only big whales will try to manipulate ETH to raise the value like what Bitcoin happened in the last a couple of years.

It will be profitable to mine ETH until they release Casper and ETH goes to POS. But the supply will never go to 0 per year as the people staking ETH will earn at least 5%.