Bitcoin miner builder
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The ethereum code members
With the recent ground that Ethereum has made on the BTC ratio, people are once again discussing the possibility of a 'flippening' occurring in In the event of that occurring, I wanted to make a video sharing what my action plan for that would be. Let me know what you think! This is NOT financial advice. I am just offering my opinions.
I am not responsible for any investment decisions that you choose to make. Ethereum and Litecoin are much quicker and cheaper than bitcoin, even when bitcoin's mempool is not clogged. In some metrics, Ether has already surpassed Bitcoin: Since July of , Ether has had more and more transactions on daily basis than bitcoin:. I do not fully understand how EOS. If it runs on top of Ethereum that just doesn't really make sense to me.
I've been doing my best to understand EOS but still can't fully wrap my head around that. A potential flippening could be possible but I personally don't see Ethereum holding the position for a long time.
If we ideally hit a market cap of 1T ,maybe we will see true separation happen, moving away from bitcoins influence. I also think you do right in the sense that if it does happen then selling some of the ETH is probably a smart move.
I don't personally hold much Ethereum, I do hold a little but I think there are plenty of other similar projects which have much more growing room. Time will tell I guess. Not what I thought you were going to say, but it makes sense. I try to diversity as much as I can, but it's easy to get heavy on one coin.
I'm not sure if I know if a flipping would occur, but if it did, I probably would do something similar to what you just described I blieve all the top 10 currencies in the market have the potential to double at least 3 times this year. Sounds like a good plan to diversify and balance crypto holdings. I think that ether will be number one in a few months. And i believe we will see the cashening BCH in too. I don't have much faith in BTC sorry, even though i hold some.
Furthermore litecoin tends to be the last to bleed off compared to the other established coins. I think at moment Ethereum is one of the if not the most promising crypto-currencys out there.
Thank you louisthomas , though you say you are not giving financial advice still what I want to take away from your videos is that we should have a plan and rebalancing is a very crucial part of it. In a space built on the ideal of decentralization , what is the correlation to the hierarchal proverb of top dog? Could you elaborate on the importance of the distinction you are making and the relevance of a 'flippeneing'? I think this is a good strategy. A few months ago I really did not like bitcoin compared to other cryptos and like you I favor eth but I've only been in this space a short time.
Bitcoins fees and transaction times are a problem but I look at the transactions times like the connection speed to the internet back in the 90s when we waited a minute or two for dialup to get on. Now nobody thinks about it today we just pull out our phones or open our laptops and we are connected. Also this is a programmable asset which means it can evolve. If bitcoin updates it protocol to be able to conduct smart contracts then I think it's game over for many coins.
I don't care how much greater the tech might be. Bitcoins adoption rate is far superior and it would take enormous efforts to take its users. The best tech doesn't always win. Apple is a perfect example of this. That's why you can never count bitcoin out because I think of what it can become not what it is now.
Authors get paid when people like you upvote their post. Since July of , Ether has had more and more transactions on daily basis than bitcoin: Will cardano conquer eth? Will be interesting to watch: I feel something along the same lines as well. There's a huge gain potential if the ratio of ETH is over. I think it is a very real possibility that the flippening will happen. Bitcoin and Ethereum are 2 different things completely They can co-exist, one as a network of money and one as the world computer I'm confused In a space built on the ideal of decentralization , what is the correlation to the hierarchal proverb of top dog?