Predict what will be the price of ETH and BTS the first time that BTS passes ETH

[Ander]

I am thinking 20M now.

[mf-tzo]

40M

[lakerta06]

23M

[iHashFury]

26M

[salva82]

32 M

[Ander]

Oh wow, I think I guessed too high!
Now I'm thinking maybe 25M.

[santaclause102]

37m

[unreadPostsSinceLastVisit]

50

50 million and 1 if somebody already guessed 50 and I overlooked it.

[Ben Mason]

Between 27 & 32m.

I think it's reasonable to expect ethereum to partially sell off once bitshares 2.0 launches, assuming delivery on promise and a commensurate price rise.

[santaclause102]

Thats the main difference.  Any bitshares clone must use an equivalent of BTS, so you cannot gain by simply removing it.

Still didnt get where the difference is. Maybe you can say it differently?

BTS is necessary to the way that the Bitshares blockchain works.  You cannot have collateral and market pegged assets without it.

It is easier to clone a version of ripple that doesnt have the XRP token in it, because the XRP token doesnt actually serve much function in the blockchain, it simply exists to make ripple labs and early adopters rich.

I agree if we assume that Bitassets are the defining part of Bitshares.
But that still doesnt give BTS more value because others forks would just have their own chain with their own BTS-similar token (unless you mean that the graphene license agreement forces them to sharedrop).

[Ander]

Thats the main difference.  Any bitshares clone must use an equivalent of BTS, so you cannot gain by simply removing it.

Still didnt get where the difference is. Maybe you can say it differently?

BTS is necessary to the way that the Bitshares blockchain works.  You cannot have collateral and market pegged assets without it.

It is easier to clone a version of ripple that doesnt have the XRP token in it, because the XRP token doesnt actually serve much function in the blockchain, it simply exists to make ripple labs and early adopters rich.

[santaclause102]

Thats the main difference.  Any bitshares clone must use an equivalent of BTS, so you cannot gain by simply removing it.

Still didnt get where the difference is. Maybe you can say it differently?

[Ander]

In bts you can use bitassets to pay the fee ... more precisely they are autoconverted to bts by the dex

Yes.  Ultimately every payment is via BTS, even if you spend something else.

[tbone]

If the value proposition for ETH is the same as XRP, then that bodes well for ETH since XRP market cap is currently 4 times the size.  Actually, I think eventually ETH may be worth far more than this.  But right now it's substantially overvalued.

Anyway, my guess is $38M for the BTS/ETH valuation cross-over.
 

I still wonder about the value people see in ETH ..
The value of Ethereum is huge .. but not the value of ETH .. at least not at this point in time .. the value proposition for eth is basically the same as xrp .. IMHO

Yes, ETH is to the Ethereum network as XRP is to the Ripple network.

[xeroc]

In bts you can use bitassets to pay the fee ... more precisely they are autoconverted to bts by the dex

[Ander]

token that is used as collateral and for transaction fees in the network.

[santaclause102]

Thats the main difference.  Any bitshares clone must use an equivalent of BTS, so you cannot gain by simply removing it.

What do you mean by "equivalent of BTS"?

[Ander]

Thats the main difference.  Any bitshares clone must use an equivalent of BTS, so you cannot gain by simply removing it.

ETH does better than XRP I think in needing ETH in the network, as payment for use of the apps that people develop.

[santaclause102]

I still wonder about the value people see in ETH ..
The value of Ethereum is huge .. but not the value of ETH .. at least not at this point in time .. the value proposition for eth is basically the same as xrp .. IMHO

Yes, ETH is to the Ethereum network as XRP is to the Ripple network.

Also it's not that different from BTS. BTS, ETH and XRP are all counterparty free assets that must be used to pay for tx costs which gives them their initial value. They can also all be used as collateral if there is a bitasset equivalant (maker for Ethereum for example) and all can be used as the asset that has the most liquidity against all other assts in the DEXs. Difference is BTS MUST be used with the non private bitassets as collateral. Other fundamental differences you see?

[Ander]

I still wonder about the value people see in ETH ..
The value of Ethereum is huge .. but not the value of ETH .. at least not at this point in time .. the value proposition for eth is basically the same as xrp .. IMHO

Yes, ETH is to the Ethereum network as XRP is to the Ripple network. 

[nomoreheroes7]

42M

[xeroc]

I still wonder about the value people see in ETH ..
The value of Ethereum is huge .. but not the value of ETH .. at least not at this point in time .. the value proposition for eth is basically the same as xrp .. IMHO

[chryspano]

30M

[btswildpig]

I  say it's not gonna happen .

Dumpers will dump exactly before BTS pass ETH because they knew more and more people would wait until BTS pass ETH to sell . So it's safe for the dumpers to dump before that obvious expectation .

Kind of like last year when people were expecting BTS to pass LTC  .

[puppies]

I'm gonna say 36 and for bonus points I'm gonna say Oct 21st 2015. 

[Ander]

This thread is for guessing at what price level BTS will surpass ETH.

I guess 40M.