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A comment on Bitcoin hits 3-year peak, nears record high on U.S. ETF approval. Parent comment

Re:Bitcoin hits 3-year peak, nears record high on U.S. ETF a... by vaporwave on Thursday February 23, 2017 @02:36PM (#13716984)
Ethereum has amazing features and development, and there is definately a LOT more activity in the ethereum development space vs bitcoin. Ethereum makes me anxious as an investment because it has no defined long term monetary policy, and initially ether were labelled the "fuel" of ethereum rather than being a commodity currency.

Bitcoin OTOH has a monetary policy incredibly clearly defined by a jesus-like figure who has now disappeared. Inflation is fixed and total supply is set at 21 million. Even if some group decided they wanted to change this there are enough people who are committed to 21 million that they will just maintain whatever fork still enacts satoshis original monetary policy. This is non-negotiable and results in a truly inflation-proof currency.

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Re:Bitcoin hits 3-year peak, nears record high on U.S. ETF a... by cableshaft on Thursday February 23, 2017 @03:02PM (#13717220)
Yeah, but Ethereum is still pretty cheap. I figured I could get a good amount of Ethereum for a modest investment and if it ever truly takes off like Bitcoin did, it will have been worth it, and if not, oh well, I'm only out a couple hundred dollars.

As it is, it's currently worth more than I bought it for.

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