In the short term yes but from what I understand EOS is going to be far superior to ETH and and Dan already has a track record of working on projects that have turned out incredibly well
They will be able to put a lot into apps, and letting people know about the platform - education and marketing - you can have the best technology but if you don't let anyone know about it - it can go nowhere ;-)
Eth will go well yes.. over taking bitcoin in market cap, maybe? in the price doubtfull, see there is a unlimited supply of eth, due to its nature it is needed.. Yet bitcoin as a currency/virtual gold, will win, because there is a limited supply . and is harder to mine as blocks are incresed
I doubt it. EOS was too late to the dance. ETH has a better chance of over taking BTC.
In the short term yes but from what I understand EOS is going to be far superior to ETH and and Dan already has a track record of working on projects that have turned out incredibly well
Also Eos much better funded than ETH - it stands to make between $1-2 BN this year from token distribution, read more on my posts.
https://steemit.com/cryptocurrency/@willstephens/4cpxu-why-eos-can-rival-ethereum-total-ico-funds-of-over-usd3bn-est-curentmarket-cap-of-usd4-5bn-overtakes-litecoin-market-cap
$1-2 billion and they don't even have a functional product yet! Why does it take $2 billion to code a blockchain project. No thanks, I'll pass.
They will be able to put a lot into apps, and letting people know about the platform - education and marketing - you can have the best technology but if you don't let anyone know about it - it can go nowhere ;-)
I strongly agree with you, this ridiculous amount of money needed make it look like they are in it more for the money than for the actual product.
Also 1-2b for marketing, its just too much.
Will Ethereum be able to overcome this problem?
http://nakamotoinstitute.org/mempool/ethereum-is-doomed/
look's like it already has M8, that article is from over twelve months ago.
Eth will go well yes.. over taking bitcoin in market cap, maybe? in the price doubtfull, see there is a unlimited supply of eth, due to its nature it is needed.. Yet bitcoin as a currency/virtual gold, will win, because there is a limited supply . and is harder to mine as blocks are incresed
It's not really unlimited. ETH gets destroyed as gas and then redistributed to the miners.
dont matter if it gets destroyed.. over all there is a unlim suppy
I think the best way is to maintain one set of balances for trading and one set of balances to forget about and check in 5+ years.
If you don't do that you open yourself up to trading a currency too early and potentially missing a large increase.
Knowledgeable Post.
In the near future ETH might raise again. Maybe not on the long term.
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