RE: Why Will Ethereum Fail? by johnsmith

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @joseph/why-will-ethereum-fail

ethereum · @johnsmith · Jun 2 '17

$1.35

Sold all Ether and will put Ether value into EOS.  Here's how CMC should look in six months:

1. BTC (crypto reserve currency)
2. BTS (crypto bank-exchange-economy-everything)
3. EOS (?)
4. STEEM (crypto social media and blogging)

:)

👍 johnsmith, humanearl

`author`	johnsmith
`permlink`	re-joseph-why-will-ethereum-fail-20170602t030738005z
`category`	ethereum
`json_metadata`	{"tags":["ethereum"],"app":"steemit/0.1"}
`created`	2017-06-02 03:07:39
`last_update`	2017-06-02 03:07:39
`depth`	1
`children`	2
`last_payout`	2017-06-09 03:07:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.178 HBD
`curator_payout_value`	0.174 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	234
`author_reputation`	22,729,726,767,685
`root_title`	"Why Will Ethereum Fail?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,054,816
`net_rshares`	380,580,649,931
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
johnsmith	0 B		217,464,396,676	100%
humanearl	0 B		163,116,253,255	100%

@dana-edwards · Jun 3 '17

$0.76

Wishful thinking. BTC probably will be surpassed by ETH in 6 months. EOS I don't know where it will be, and Steem it really depends on the UX.

👍 johnsmith

`author`	dana-edwards
`permlink`	re-johnsmith-re-joseph-why-will-ethereum-fail-20170603t193158527z
`category`	ethereum
`json_metadata`	{"tags":["ethereum"],"app":"steemit/0.1"}
`created`	2017-06-03 19:31:57
`last_update`	2017-06-03 19:31:57
`depth`	2
`children`	1
`last_payout`	2017-06-10 19:31:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.572 HBD
`curator_payout_value`	0.190 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	142
`author_reputation`	353,623,611,191,427
`root_title`	"Why Will Ethereum Fail?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,124,145
`net_rshares`	204,416,532,876
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
johnsmith	0 B		204,416,532,876	100%

@johnsmith · Jun 3 '17

Surpassed in market cap or user base? ETH could and likely will be pumped further and another doubling is not out of the question. But no one believes the current ETH market cap is in any way reflective of its adoption or utility. The little bit of utility it does have is rapidly obsolescing and I can't see any of the (few) applications currently being built on ETH having any long term utility. ETH blockchain tech, while amazing when it ICO'd, is now slow, complicated and limiting.

I understand there is a lot of excitement around ETH because a large portion of the community have made some good money in the past six months (myself included), but it is time to divest, take profits and reinvest in new projects. Like EOS. :)

properties (22)