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A comment on Ask HN: Why is Bitcoin rising but ethereum remaining stagnant?.

Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag... by celticninja on Friday November 03, 2017 @08:57AM (#15618787)
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.
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Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag... by fernandopj on Friday November 03, 2017 @10:50AM (#15619588)
Two 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.
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Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag... by celticninja on Friday November 03, 2017 @12:56PM (#15620579)
Smart 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.
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Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag... by celticninja on Friday November 03, 2017 @01:01PM (#15620616)
also 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.

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Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag... by jklein11 on Friday November 03, 2017 @10:07AM (#15619297)
How is Ethereum less of a store of value than Bitcoin?
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Re:Ask HN: Why is Bitcoin rising but ethereum remaining stag... by FreeCrypto on Friday November 03, 2017 @11:42AM (#15620007)
The most apparent reason is that ETH does not have a set supply cap, whereas BTC is 21,000,000.
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