Quote from: wuvdoll on December 05, 2018, 04:32:22 PM

Quote from: basicnecromancycr on December 05, 2018, 06:19:33 AM

This continuous quarrel about ETH makes me think deeply about it. There are, not sure but I think, over 6000 cryptocurrencies over there and the significant part of them ERC token. This means there is a strong base coming from ETH. However, these projects create a dumping point for the ETH since their ICOs and sales are making with ETH. Is this going to be a strong ground but lower price vicious circle situation? Will there be a chance for ETH to rise beyond its ATH?

I personally don't think any token or coin will replace ETH soon but... There is a strong but here.

There is no scenario ethereum stays this way for a long time. Ethereum is used in so many things in life right now and the blockchain is even more heavy because of it than the price suggests.

Right now, there are games based on ethereum blockchain (the most known one is oddly enough cryptokitties) and there are insurance companies who started to use blockchain of ethereum, there are companies that did a contract with Caribbean countries for identification things basically a government contract, there are many more stuff that the blockchain of ethereum is basically used for. Hence, ethereum can't really go away or become less important any time soon and no other coin can rival the utility of ethereum for any time soon. Hence the coin will be better one day, when will it happen I have no idea.

For 11 months of 2018, more coins appeared in the wallets of actively trading Ethereum whales than in any other period in the history of the third largest cryptocurrency capitalization. This is stated in the study Diar.
The Diar data show that by the end of November, the large holders of Ethereum had 80% more coins than in January.
At the beginning of 2017, there were 5 million ETHs in whales' purses, a year later - 11 million, and by December 2018 - 20 million (20% of all coins in circulation). According to researchers, the whales have increased their stocks due to the fact that a significant number of traders left the market Ethereum-tokens. So maybe soon we can start growing ...