The final sentence on the Ether Pre-sale blog is "And the constant issuance, especially in the early years, will likely make using ETH to build businesses in the Ethereum economy more lucrative than hoarding speculatively."
A) This leads me to think there won't be thousands+% increase in the value like there was in Bitcoin in '13. Does anyone have any thoughts on this? Does anyone plan on just purchasing Ether if they're not using it for contracts/etc?
I'm not a computer programmer but am absolutely fascinated with Ethereum, and absolutely understand the decentralization concept and think it's going to be the future. How can I participate if I'm not able to do programming, etc?
Comments
However, if it were to be released a few months later when bitcoin finally manages to get out of the downtrend and into an uptrend. Ether would rise faster. As new people flow into bitcoin, they will want to compare it to the better alternatives and subsequently stumble upon Ethereum, start buying Ether, and may even prefer Ethereum over Bitcoin if it all works out.
This is my guess on what could happen to Ether price-wise.
I dont see how the fact that other altcoins exist would slow down Ether´s appreciation considering it is far more advanced than most of them and people would be gladly dump their weak altcoins for Ether.
As for bitcoin and or litecoin being in a bubble.. They have not even reached their full potential yet and are far away from market saturation. The bitcoin ´bubble´ could go on for many more years.
Since Ether is a crypto-currency, I don´t see how one can assume it wont behave similarly to other crypto-currencies in terms of market behavior.
Wonder if an item of value is needed for a consensus engine.. If so, in the context of namecoin... Zookoos square: You cannot have all of Secure, Decentralized, Human-meaningful, Not involving value.
Perhaps you mean how behaves in a context of a reserve currency... Well bitcoin holders investing in ethereum will in-effect have less to spend, but for people holding fiat the time they hold bitcoins only matters for them?
@reignbeau 'the next big thing' isnt just some elephant that is going to run by, and people can hop on its back. People(we?!) are working on them.
You want to know something. I am still going to invest. Their advertising has convinced me.
...the more one can envision an endless array of distributed applications (DApps) with their own unique altcoins--the source of their initial and ongoing funding--interacting with other DApps through the exchange of data and coins. It is through this open market process that each DApp and their corresponding altcoin will find their natural functional niche (and corresponding exchange value) in the larger secure multiparty computational marketplace.
If Ethereum's distributed application platform works, there's gonna be an explosion of value throughout the entire cybercurrency marketplace.
Video says 'contains content from WMG' when i try play it.. Falsely flagged, i suppose?
Barely anyone outside of the crypto world knows about Ethereum. When bitcoin start bubbling up and new meat enters bitcoin, many will look for 'the next bitcoin'.
This is why litecoin went up so high last November-December by people who thought they missed the bitcoin boat..
I predict something similar will happen with Ether some point in the future.
comparing
bitcoin's $uccess
or failure
to ☰thereum
is unnecessary.
doing so is really a complete misvnderstanding
ov what is trvly happening here.
rather than focvsing on
how to microvvave
'quick ma$$ adoption',
or getting jarred up by
the perceived 'complexity'
ov 'the project',
/\ technically inclined sovl,
whether within or without ☰thereum,
patiently
yet persistently
'shapes' their 'narrations'
in a manner
that is ÐAPPlicable
to other 'people's everyday lives'
and the species' greater wellbeing.
'the ma$$es'
discovering,
using,
loving,
and vltimately inviting
their netvvorks
to install ☰thereum,
happens
not because of
cleverly krafted
marketing tactics,
or by hiring
svm silly $alesforce $trategist.
'adoption' ov ☰thereum happens
be-cause revolutionary ♄ackers
kraft revolutionary ÐAPPlications,
vvitch in-turn are
alpha/beta'ed by revolutionaries
svch as y0urcellf.
These ÐAPPs
shall either be
deemed vvorthy (☰ther inveϟted)
or not vvorthy (☰ther diveϟted)
As ÐAOs and ÐACs congregate and form with/in ☰thereum, and elect to bvild and distribute ÐAPPs that trvly revolutionize people's lives (or as you said: are applicable to people's everyday lives) ϟvpport shall organickally gravitate tovvards the ☰thereum ☰coϟystem Δccordingly.
BEAST 1333 - A.B.C.'s RESISTANCE ALPHABET (LYRICS):