Great content @bitcoinflood - I'm very excited by the developments of Ethereum and I certainly feel it has the potential to see similar growth of that of Bitcoin.
But can you explain the developments of the sub currencies being extracted from Ethereum - how do they plan on supporting the currency?
Followed and resteemed!
it is kind of like bitshares where you have sub coins that are created by users for different things they programmed it to do. Ethereum is somewhat the same but it allows for smart contracts and conditions which is perfect for things like in app rewards, lottos, loans etc.
How do you see Ethereum developing? We can see it outpacing Bitcoin in growth, but do you think the value of Ethereum will surpass Bitcoin and if so how long do you think it will take? Personally I think its only going in that direction!
There are about 4.5 times the amount of coins as bitcoin for ETH so the price will always be lower per coin due to there being more of them. I do see it out beating bitcoin if bitcoin developers continue to not evolve the blockchain they will die. ETH is evolving and bettering it is a process and not that fast but it is still being done which is what any company needs to do to survive.
Bitcoin mainly holds value now because that is what everyone associates cryptos with. You say Ethereum or another coin and a much larger percent of people have no idea what your talking about.
Of course, but people are unaware of other currencies due to their life infancy. Give it time and more and more people will begin to understand cryptocurrency .