Enrich your investment logic

Nothing found

 2017-2019 YG
Powered by Hexo
繁體站  |  简体站  |  English Site

Bitcoin value disputes (2019) 13 - The advantages and bubbles of ETH








The Bitcoin system has been receiving much attention since its birth in January 2009. Due to the complexity of the Bitcoin phenomenon, people have many different opinions on the token BTC in the Bitcoin system. Both the value and price of BTC are controversial. Some people think that BTC is a big bubble and worthless and its price is now supported only by lies and stupidity of many people. On the other hand, Some people think that the Bitcoin system is an advanced monetary system of the future and will be well accepted as a better worldwide currency than legal currencies and the price of BTC can reach hundreds of thousands dollars in the near future. This article is the conversation of two token operators who have been trading all kinds of bittokens for a long time. One of them thinks that the Bitcoin system is deeply misunderstood by most people and the price of BTC will go down in the long run. The other one thinks that the Bitcoin system brings a prosperous bittoken industry to human society, and a bright future of BTC is expected. They all have their own reasons. Who do you think will win this BTC value dispute? Tips: this article only states opinions of all kinds of people, and its content is NOT guaranteed to be correct, thus should never be considered as an investment advice or suggestion.

I have not estimated the specific value of ETH. It may be a big bubble, but it is definitely better than BTC. Because in the long run, with the popularity of USDT, GUSD, USDC, TUSD, PAX and other stable-value tokens based on the Ethereum network, and thousands of ERC20 assets or tokens that have been and will be issued on the ETH network, all these tokens in ETH network will bring or contribute more and more value to the Ethereum network. With the loss of BTC and the gain of ETH, I think that in the near future, the Ethereum network will become the biggest decentralized public chain network. That is to say, the market cap of ETH will surpass the market cap of BTC one day. In fact, from the time when the Ethereum network was successfully accepted by many people years ago, it is destined to surpass the Bitcoin network, because if the Ethereum network is not better than the Bitcoin network, it will not be successfully created and widely adopted by people.
Since BTC is a big bubble, with market cap of most tokens are estimated relatively according to the market cap of BTC, so most tokens including ETH may have bubbles in their real value. And with the weakening of BTC, the market cap of ETH will shrink. What is more, the inflation rate of ETH is high and the total amount is not limited, as more and more ETHs are issued in the long run, if ETHs cost as transaction fees by tokens in ETH network is less than the amount of ETH issued, then the price of ETH price may fall. In addition, there may come a better public blockchain network in the future, so the future of ETH is also very uncertain. In my opinion, If ETH has no obvious positive news, ETH may generally show a downward trend in the long run. Whatever, as ETH network is better than the Bitcoin system, there will be a better future for ETH.
I see. There are risks of most famous tokens. It seems that the investment in the mines of BTC need to be discussed more...
A donation is the only way of income for us now, please donate us to help produce better contents:)
   DONATE   
Welcome to transfer bittokens to addresses below

USDT(ERC20):   0x290e5c...f8e6854b         

USDT(TRON):   TXTcxGR3...MBsMuiCw         

USDT(OMNI):   16KE6p6Y...ru1XgvZR         

ETH:   0x290e5c...f8e6854b         

XMR:   46C5cBvQ...eMhCbFsh         

USDT(ERC20):   0x290e5c...f8e6854b    

USDT(TRON):   TXTcxGR3...MBsMuiCw    

USDT(OMNI):   16KE6p6Y...ru1XgvZR    

ETH:   0x290e5c...f8e6854b    

XMR:   46C5cBvQ...eMhCbFsh    

License: For commercial use, please contact us to get authorization; For non-commercial use, please keep the content unchanged and show our site name and the link/URL of current page.


For comments: To have a simpler look of comments, we are very sorry for that only helpful comments not repeated will be reserved by us. And comments might also disappear in cases:
    1. Removed unexpected by bugy programs on our servers before backup
    2. Removed unexpected by wrong operations of our mates before backup
    3. Removed unexpected by hackers
    4. Removed unexpected by VPS providers
    5. Removed unexpected due to damage of hardwares in unpredictable disasters
    6. Removed unexpected by other unpredictable events
Thank you very much for your understanding and support.