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Any thoughts on how apps built on Ethereum will impact the price of its Ether currency?
by smaili 9y ago
Any thoughts on how apps built on Ethereum will impact the price of its Ether currency?
- charlesdm 9y agoIf you have many successful dApps, it's not unlikely the price would go up.
- ryanSrich 9y agoI would say the price should go up, but the price of ETH is anything but predictable. As we've seen with the rise of BTC, there's no rationality in the market. It's all based on hype. If price was based on tech, ETH would be $10k+ and BTC would be a dying relic.
- frakr 9y agoIs there anything like Bitpay for Ethereum? I haven't seen any major retailers that directly accept ETH, which is a pretty significant use case for any currency.
- ryanSrich 9y agoWhile directly accepting ETH is certainly beneficial, it would make more sense for retailers to accept an erc20 based alternative to BTC (see BTH [1]). Ethereum is a platform. Digital currency is but a single application. 1. https://medium.com/@bitether/introducing-bitether-bth-the-new-erc20-bitcoin-2-0-b6c6e0d14acd https://medium.com/@bitether/introducing-bitether-bth-the-ne...