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RE: A Bitcoin Investor vs ETH Investor (BTC Vs ETH (C)) comments welcome

in #btc8 years ago

Comparing Bitcoin vs Ethereum is like comparing gold vs oil. They both have value but completely different purposes. One therefor is not better than the other. They should be able to perfectly coexists with each other in crypto space. Personally I like both and I think many people feel the same way.

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I like your thinking and your answer. Both the currencies have their own pros and cons and shouled be accepted in their own ways. But dont you think a few questions have been raised off late due to the recent attack on eth and bitfinex

Ethereum was never attacked. The DAO was. Whether the hard fork after the hack was the right thing to do the market will decide. I agreed with the hard fork because the people that invested in the DOA did this because they felt it would help the Ethereum platform grow bigger. Instead their money got stolen. The Ethereum foundation had a chance to fix this and they did.

As far as I can tell most developers are in support of ETH not ETC. Ethereum will survive.

Bitfinex is another example of why you should never have a substantial amount of any crypto currency on any exchange. It’s a real shame. It will setback trust in crypto for months.

Yes its absolutely agree with you developers are supporting ETH but the market is supporting ETC . The volume of ETC at poloniex was shocking more than 100000 btc

I think we are looking at the biggest pump and dump in the history of crypto. But only time will tell. It's very interesting to watch it all unfold.