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Showing 20 of 31 results by DavidSurf
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Wiki username is EcoVerse
I think that this is true, but at the etherium it is not much manifested. At the moment, all the coins have fallen, but it's hard to say whether this is due to bitcoins or whether the entire market is falling.
No coin is dependent on bitcoin price, it has an independent market and community making it grow and eventually makes the price at good standing. But Bitcoin is a big factor on the changes of the altcoin values since it is the primary pairing coin on most exchange. In addition, it is also one of the best established coin that is available in the market. It's community also are the same community that is involved in other altcoins.TA is great. Take profits. Set a price you're happy to sell at. Don't get greedy. And there are days you'll get stuck in a bad trade, it happens. Seasonal highs and lows are a real thing as well.
Re: How does blockchain technology on real world service work?
I commend your critical thinking process. In regards to supply chain, the purpose for blockchain to replace a database is simply irrevocable data. You can't alter blockchain whereas you can always fudge a number or two in a database. Can't keep track of missing shipments of expensive handbags etc. So in regards to supply chain, it's a great idea and a great example of blockchain in the real world.
In short, yes. At this point, the marketcap is tied to BTC and fiat. There are people speculating a 'flippening' of course, where Ethereum would lead the space, but that's yet to be seen. Hope that helps!
We would like to say that we have a service where you can see every project, rated by the top 5 rating sites. You can see their ratings at one place on our site or follow the provided links to visit these projects' pages on the following sites: Icorating, Icobench and others. There you can find analytics, reports and other useful things you might need. Hope you will find it convenient!
Link: www.icostock24.com
Link: www.icostock24.com
How does your site differ from the other ones like ICORating, Bench, etc? Is it just more reports on the same ICOs to give more insight? Don't mean to put you on the spot! Saw you promoting and was curious.
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
Most people that buy Ethereum aren't using it, they're trading.
I actually beg to differ, people buying Ethereum are probably using it for decentralized applications that are already being run on the ETH blockchain.
Going back to your topic, Ethereum can also be used as a good store of value because all indicators point to it's value going nowhere but upwards. There is only innovation and enhancement ahead of the Ethereum blockchain and there is very little chance that some obscure little bug would be found in the code or some other catastrophe because of the sheer number of people constantly auditing the Ethereum blockchain and it's protocols.
That's a great point re: constant auditing of Ethereum blockchain. Yes, there are plenty of DAPPs running on ETH and plenty of platforms started as ERC-20s.
They are doing it both. The only limitations would be the transaction speed and fees. When Ethereum achieves both high speed and low fees, it can be parallely used as a utility as well as trading coin.
Yes, I think Ethereum if it attained transaction speeds close to Visa and had a platform useable, not bogged down by the number of applications, then it would truly be a formidable product.
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
If the value of the coin rises (along with its transaction fees), than it makes no sense to be used as a utility coin. It will become a store of value, similarly to what bitcoin is destined to be. But Bitcoin doesn't have smart contracts, no? And it was meant as for peer-to-peer transactions, but with no utility other than that I believe.
Bitcoin has no on-chain smart contracts due to security reasons, but it has off-chain solutions for that.Ethereum on the otherhand is a utility platform and meant to build DAPPs, people use Solidity to build with Ethereum. So it has a use. So I suppose my point would be I find it kind of backwards when a utility coin is treated as a store of value, it defeats the purpose a tad and slows down innovation.
I don't think Ethereum can ever become a store of value in the sense Bitcoin is. Ethereum is a crypto-asset designed to fuel the ETH platform, and given the current situation with these ICOs, it would have to struggle in the future to maintain its value even where it is now.I agree.
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
You can try to create an asset use ethereum, There are some people are using ethereum to playing the dapps game in the platform. So, have you ever seen the bitcoin will be used or offer the utility usage to the token holders? Crypto is about a speculation and then i think that it looks very similar. Most people that buy Ethereum aren't using it, they're trading.
I don't quite follow. Maybe I can clarify, please bare with me as I start from what we can agree on--
Bitcoin is a store of value. People use Maslow's Hierarchy to justify the tulip bubble theory, which is fine, it is speculative and the users drive the price. But Bitcoin doesn't have smart contracts, no? And it was meant as for peer-to-peer transactions, but with no utility other than that I believe.
Ethereum on the otherhand is a utility platform and meant to build DAPPs, people use Solidity to build with Ethereum. So it has a use. So I suppose my point would be I find it kind of backwards when a utility coin is treated as a store of value, it defeats the purpose a tad and slows down innovation. And yes, most ICOs create utility coins as a store of value, but I'm trying to find the value of that concept is what I'm driving at. If there was a fixed/ stable value for Ethereum or any platform can that be more beneficial?
If Ethereum is a utility platform and the value of its coin rises, how can it continue to be used as a utility when its used as a store of value?
Most people that buy Ethereum aren't using it, they're trading.
Most people that buy Ethereum aren't using it, they're trading.
Interested in the regulatory aspect of ICOs, I'm hearing a lot of info. Are third party KYC companies not legally responsible for a client co? How would an ICO handle KYC by themselves? How would they (the ICO) conduct due diligence?