Ethereum price discussion

[luckybit]

@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Ethereum can do smart contracts and most importantly it can do computation markets. You can't do computation markets on Bitshares right now. The biggest advantage of Ethereum is it's developer friendly,

http://docs.ethereum-computation-market.com/en/latest/

[TravelsAsia]

According to the developers, the main difference between Expanse and similar projects is that it is a "community run project"

The major similarity of course being able that their name is a single word starting with the letter "E"

 

This is almost as insane as Litecoin retaining any value.

[TravelsAsia]

I still cant believe that EXP got 5000 btc in volume.  WTF.

Pardon me. What is EXP? And why is it up massively?

https://bitcointalk.org/index.php?topic=1173722.0

[cube]

I still cant believe that EXP got 5000 btc in volume.  WTF.

Pardon me. What is EXP? And why is it up massively?

[TravelsAsia]

"[–]vbuterinEthereum -- Vitalik Buterin 37 points 4 hours ago

The foundation currently has ~1.65 million ETH, plus ~$750k in non-ETH assets. 1650000 * 6.1 + 750000 = $10,815,000. Based on our current ~$200k/month burn rate, that will last us ~54 months ~= 4.5 years. That said, we are planning some substantial expansions which will increase our expenses but also get casper and other fun stuff out the door much faster, and we are also starting to get interest for corporate sponsorships coming in, which could secure us a more sustainable funding path in the long term."

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/

Talk about a stress reliever.

[Ander]

I still cant believe that EXP got 5000 btc in volume.  WTF.

[Ander]

BTS finally up a bit, thats good.  XMR as well, which I also like.

[Ander]

I wonder if Polo got hacked now, it would be hilarious ahah

Would kill all alts forever

[twitter]

Once the pump finishes, people will get bored holding a hypecoin with no GUI and and smart contracts that are clearly inferior to those on BitShares. They will then start to look at the liquidity and beauty of our DEX and come flocking over. Ethereum's market cap is just a glimpse of the great times to come for BitShares.

Im bringing out my inner Stan.

lol, traders never care about GUI .
They trade on the exchanges .

I trade Bitcoin for half a year without even touching the Bitcoin wallet

you may cry if it get hacked ...LOL

[Akado]

I wonder if Polo got hacked now, it would be hilarious ahah

[TravelsAsia]

@luckybit and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Baggage and feature confusion. We're like the uber nerd that nobody understands and we fail to communicate it at their level.

[lil_jay890]

Remember when I said crypto traders are idiots... Ethereum is a prime example.  People who are buying it now are just buying it because it's going up, they have know idea what it's even about.  Crypto traders talk about being part of a "financial revolution" and replacing fiat money, but 99% only care about being on the next pump and cashing back out to fiat.

This move is sucking in so many chasers it's going to be extra painful to watch when the bubble bursts.  Hopefully the money will stay in crypto and move to some more promising projects.  I have a feeling when it does burst... a lot of the new money will just leave the entire ecosystem.

[Tuck Fheman]

I would think we would see a pullback here at the top of this range and consolidation for a few days or a week to the lower trendline but I could be wrong.  Indicators are off the charts but I remember in early 2013 bitcoin, these same indicators stayed off the chart for weeks.  This seems to be a steeper incline than that though, so the rise may not go as far. 

so rise. much pump. very wolong.

I think I can retire soon^TM.

[Ander]

@Ander you can try qora for a change..I think it will give you the opportunity for 100% profit soon unless it is completely broken.

I got about a 50% profit off Qora and still hold some that I will never sell.

[mf-tzo]

@Ander you can try qora for a change..I think it will give you the opportunity for 100% profit soon unless it is completely broken.