Post
Topic
Board India
Re: Anyone buying Ether ?
by
BitCoinDream
on 25/08/2014, 15:22:22 UTC
I heard Ethereum guys have announced to dump their BTC collection resulting in a price drop. Any idea regarding this ?

Don't think the price drop was due to that, though it might have spooked a few. BTC needs a fresh impetus to maintain the prices with new coins coming in each day. The challenge from the 2.0 coins might hurt it as big money is flowing in them.

I dont think any of the alts pose any threat to BTC.

For now it doesn't. But unless BTC evolves there is a good chance it will be overtaken by one of these new PoS coins which also have extra features.
Innovate or die.

In either way, PoS is not the future. Value of an economy cant sustain relying on some random stakeholder, called early adopter.