Post
Topic
Board Altcoin Discussion
Re: Ethereum is the future of crypto, bitcoin is not.
by
Gandam23
on 11/08/2018, 12:11:13 UTC
ETH will allow $2T of underground economy to become more structured (and possibly less underground) through DAOs.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/23/americas-2-trillion-shadow-economy-is-the-recessions-big-winner/

If it captures 1% of that $2T, it is equivalent to $20B, which would put ETH somewhere around $150. Those who sell for $2 will shit bricks, eat sand and may even commit suicide in the years to come. If it captures 10% of that ETH will be $1500. I know it sounds crazy, but so did the Internet in 1995.

Once it's launched their main focus will be on scalability, which I think is the real reason crypto is not ready for mainstream. Once they can handle 100K TPS (and I'm sure they will), it's game over.

Do you mean that the price alone determines whether a thing would be future? I don't think so. There have been so many fuss about this ethereum thing, though I wouldn't deny the fact that it is interesting, but most of the news about it seems to be overrated and exaggerated.
The price determines the survival of it. I think that not a good criticism of a particular coin. Whether it is dumping or not. It is normal to a coin to dump because we all know that bitcoin or all cryptocurrencies are volatile in terms of price. The prive dumps and pumps by time because of many transaction being processed everytime.