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Ethereum has no defined use case, bitcoin is at the least a store of value. ETH is no different to LTC, NMC or any of the myriad other alt coins. You would be b
by celticninja 9y ago
Ethereum has no defined use case, bitcoin is at the least a store of value. ETH is no different to LTC, NMC or any of the myriad other alt coins. You would be better asking why LTC is stagnant rather than ETH. Further ETH is an unlimited coin so it could never see the scarcity that BTC has built in to it.
- jklein11 9y agoHow is Ethereum less of a store of value than Bitcoin?
- FreeCrypto 9y agoThe most apparent reason is that ETH does not have a set supply cap, whereas BTC is 21,000,000.
- fernandopj 9y agoTwo use cases: 1) Smart contracts (currently the most used blockchain to run one); 2) New tokens/cryptocoin (most used blockchain to run ICOs). Disagree with Ethereum value proposition/implementation all you want, but saying "there's no defined use case" is nonsense.
- celticninja 9y agoSmart contracts have not exactly been successful as far as I can see. the biggest news in ETH was the fork to ETC and the reasons behind it. Combined with the limitless supply it means it will never be worth more than bitcoin.
- celticninja 9y agoalso ICOs seem to be the newest fraud on the block, thats not ETHs problem, just like darknet market use wasnt BTC's problem, but the 2 use cases you have provided are not shining examples. I agree it has some potential uses but its main uses have to date been quite flawed. It would need to restore confidence in its uses before it attracts some serious interest.