Ninjastic
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Board Mining (Altcoins)
Re: GPU mining will die in 2018!
by
ManicMiner23
on 21/03/2018, 10:59:20 UTC
Quote from: Metroid on March 21, 2018, 06:54:08 AM
Quote from: 2alt on March 21, 2018, 06:17:35 AM
Your reply has NOTHING to do with the argument.
I am simply saying that any coin, including ETH is dependent on BTC. But you have a another argument and I will feed you...

My reply had everything to do with the argument as I implied btc at moment still leading the market but not for long as I pointed code wise btc has not made any advances since 2008 whereas eth have since its release which was  about 3 years ago, yes eth still behind btc cause it started recently the mass adoption of the services within the network.

I will quote this ""What you're seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year,".

https://www.c[Suspicious link removed]m/2018/01/08/ethereums-co-creator-predicts-a-flippening-with-bitcoin-in-2018.html

You people have no idea what is going on behind the curtains so you should watch yourselves carefully. Bitcoin is old, decrypt and the only good thing it has is its name.

Hello Metroid, I agree with you that there are an increasing number of projects based on eth, and also the plans to develop the eth network to be capable of process 1million transactions per second makes eth project and the ecosystem very interesting, and a project with a bright future.

This fact could lead to an increas in the value of eth, if the supply of eth won`t be increasing, but seems that the mining power is growing day after day and with the new nvidia generation and the x-file supposed "secret asic miners" this could means that the increased demand for eth is covered with all the growing mining power added to the eth network, if just a theory, I have not the numbers, but we need to take in account this factor also when making predicitions about future eth value.

I wan`t to say that I'm also investing in eth, but I'm trying to figure out why eth is underperforming in 2018 compared to other altcoins or compared to btc.