ETCBTC - Bittrex
Take Fiat out of it. For the moment.
ETC. I think I might have had an Ethereum apiphany.
Look. BTC qty is set at 21million, right? Eth is endless. For BTC to grow, we need more users. For eth to grow, we need more integrations. Aka ico-projects, Now BTC's Value will always increase. In the long term. There might be deep dips and extreme contrasting highs. But the general trend will always be upward. As for Ethereum. Aren't we forgetting something? For something to be more valuable, it needs to be scarce. And ETH is nothing but scarce and etc is from the original blockchain. It's not a coin offering. The rate at which tokens are made is incredible. Its BTC equivalent would be one fork a day. Accept for ethereum-ico's you need to exchange tokens for tokens you don't get any free coins. So my theory would be then that BTC remains the best long-term investment.
Now here is the beauty, Over the coming years, the gap between BTC to eth will stretch endlessly. It's going to be an enormous down trending graph. But as BTC's value increases so do the value of the holdings you either keep or generate.
Im just thinking out loud..
ETC. I think I might have had an Ethereum apiphany.
Look. BTC qty is set at 21million, right? Eth is endless. For BTC to grow, we need more users. For eth to grow, we need more integrations. Aka ico-projects, Now BTC's Value will always increase. In the long term. There might be deep dips and extreme contrasting highs. But the general trend will always be upward. As for Ethereum. Aren't we forgetting something? For something to be more valuable, it needs to be scarce. And ETH is nothing but scarce and etc is from the original blockchain. It's not a coin offering. The rate at which tokens are made is incredible. Its BTC equivalent would be one fork a day. Accept for ethereum-ico's you need to exchange tokens for tokens you don't get any free coins. So my theory would be then that BTC remains the best long-term investment.
Now here is the beauty, Over the coming years, the gap between BTC to eth will stretch endlessly. It's going to be an enormous down trending graph. But as BTC's value increases so do the value of the holdings you either keep or generate.
Im just thinking out loud..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.