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8 years ago by rok-sivante (75)
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Ethereum is doing amazing job. But we all know who is knocking at the doors. EOS is it's new competitor and and I expect to see the clash of cryptos between these two next year. :)
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It is another platform with different trade offs compared to Ethereum. I don't expect too much of a "clash" personally.
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I agree, but neither of these cryptos will "lose". This isn't the same as the last altcoin boom.
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I don't say someone will lose. But they will be battling like David and Goliath. Winners are investors.
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This post received a 98% upvote from @randowhale thanks to @framelalife! For more information, click here!
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Great article! Upvoted, Resteemed and followed.
I believe Ether is doing it right. They have a great technology, a great team, a great community and they are being widely adopted.
Adoption is very important. That's why I think it would be a mistake to compare to currencies based on their technology only, and that's why I believe that there is a huge distance between Ether and EOS.
Real World Adoption is key in giving long term value to a cryptocurrency. There are many currencies with better technology and features than Bitcoin, but Bitcoin is widely adopted, and that is why it is still the king of cryptos.
My point is Ether is picking wide adoption really fast. Therefore, I think it will soon be wearing the crypto crown, and that is why I have invested a lot in Ether.
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Agreed, though still too early to bring in EOS for comparison as hasn't even launched yet. Time will tell how it gets adopted - though there are telltale signs of strength that it may effectively serve the ethereum community as synergistic rather than a competitor...
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Very well said.
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I think Etherium isin for the long run, just like Bitcoin, Monero and Steem. These are the coins where i put my money on, as they all have something special, which makes them stand out from the rest.
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Different coins solve different problems :-)
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ETH and its blockchain is the future of corporations. With the amount of money that can possibly flow through the ecosystem can be greater than what BTC can ever dream of.
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It is exciting time ahead for all cryptos.
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wow makes me feel even more safer buy ethereum. thank you for this info, I had no idea about Singapore
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This is it. The miracle. The old monetary system is dying. It's over. From the ashes.... Thanks for keeping everyone posted.
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It's going to be a big deal for sure. We are heading towards an ear where all country will eventually adopt it. It's just the beginning.
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When Governments embrace blockchain Crypto-anarchists wont be happy :/.
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We know that our central banks have been discussing moving to blockchain for a year. But what is really the question, because a blockchain enables real-time visibility into how credit is being created, the assets in circulation and their location, and how far they’ve been lent out; in short, it could help policy makers prevent another crisis. That's what is most relevant. It is also most likely, then, that these central banks will have to create their own blockchains to support this. I doubt that Ethereum could truly support a global financial market, simply because of its fundamental design. Tracking complex financial instruments will require a sophisticated and specific blockchain to do that.
The question then becomes, we have a set of laws that allow institutional investors to report between 2 and 5 months after a trade was made, but blockchain has the power to make these trades transparent. This will simultaneously reduce these banks' ability to rig Treasury auctions (ahem Goldman, who conveniently also dropped out of Ripple), but it will also mean that investors will have an unusual access to current trades being made on the market. There is a level of opaqueness that governs markets right now and it will be daunting to see that transparency pierce through the barriers between retail and institutional investors. The disruption of dark pools will drastically change the game
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EXCELLENT contribution to the discussion. :-)
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Ethereum is what got me back into cryptocurrency after i gambled away my bitcoins last time. Now im holding as I have faith in this platform.
How the wealthy get rich and how you can copy their mindsets to gain leverage in life: Posting 42 inspirational articles everyone can relate to. Following all steemians interested in the project:
Blog: Above average - The 42 Millionaire Shortcuts
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I agree with you 100%. At some pint you have to think that the county that moves first has "first mover advantage for it's people" since they would then be moving early and get in early. I can see other countries doing this ahead of the US ...which is trying to hold on to the past
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Good points in this post. Good to see I'm not the only one that is thinking about this. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago An interesting website I found: https://www.coincheckup.com I'm really enthusiastic about this site, they let you analyze every single coin out there. On: https://www.coincheckup.com/coins/Ethereum#analysis For the Ethereum Investment and research analysis.
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