Bitcoin vs Ethereum - does the 21M coin ceiling of BTC give it the ultimate advantage ?
I'm currently holding equal amounts of bitcoin and ethereum (with a smaller percentage of that in other alt coins) but it's hard for me to see Bitcoin going up faster than ethereum, so i'm thinking maybe of increasing my ethereum holdings to 66%/33% 2:1 ethereum:bitcoin.
Do you think holding more Ethereum than Bitcoin is better in the current situation? Or does Bitcoins 21M max coin give it the ultimate advantage over Ethereum?
Bitcoins strength is in it network. The SHA-256 algorithm is also very well tested, and has been peer reviewed from everyone from the NSA to cryptographic doctoral scientists at many major universities. There is also a huge difference in control. The proof of work makes it incredibly hard to gain control over the network.
Additionally the developers do not have control over the system, the transaction block case is a boon to how incredibly hard it is to force a change. Ethereum is in two chains because IMO it was too easy for one person to decide on a change.
IMO it will be even worse when it goes POS, POS gives the developers involved way too much voting power in the direction it should go. It quickly becomes a dictatorship when the president is also his biggest voter. One of the greatest things Satoshi ever did was walk away from his project to let it grow. He knew that being the creator gave him too much power.
Bitcoin is just a poster boy now, it will be killed ones the world is considerably exposed to the cryptoassets idea
How long do you think before that happens?
As soon as ETH, Ripple and other platforms which have the corporate push will gain user bases and penetration worldwide....they will start shouting about how flawed the bitcoin is ...etc etc.... and you know how the media is used. I think this might intensify by this year end.
as long as the bankers wouldn't find a way to control them, they all will go up. Bitcoin has the scarcity advantage and ethereum has the application advantage.
yes and thats where they will fail the bankers their lust and need for control is their demise.......short of a good noose, plenty of rope to go around, ........ soon as the world wakes up to what they have been upto there will be noware they can hide on this planet....