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RE: Crypto Ethereum Hitting 100$ #10
(05-08-2017, 03:52 PM)Skullmeat Wrote: Hmm. I've been looking at crypto-currencies, but have been put off by the lack of support. If you guys really think It will take off and be used by online stores I can invest some in it.

I would hold off investing for a few days just to see how the markets recover from the Kraken DDOS, but by Monday/Tuesday, if the markets are still holding and not everyone shorting it for the low-mid 80's, i'd say it's a pretty sound investment.

As of now it looks strongly at $90, though it's better safe then sorry

If there is one crypto that will be used widely for transactions by corporations/banks, I think it'd be Ethereum.

There are some problems with it currently, since it's still very early in it's development. Scaling being the main problem Vitalik (Ethereums lead dev) has some theories on how to solve it, but as of now the blockchain will continue growing. i think it's currently around 6-10GB. And honestly, if ETH does reach it's potential the blockchain size could become unprecedented. People won't find it feasible to hold a 1TB blockchain on their computer for general transactions.

Though, I trust that the devs will find some kind of solution. The next update will help scaling somewhat, and I think it will improve over time.

I doubt that any crypto will be used by stores anytime soon, though. Support is cropping up slowly, with some governments allowing the use of Crypto (like support in Japan and India, albeit limited support) though it probably won't be used worldwide for 5-10 years, maybe longer I think.
(This post was last modified: 05-08-2017, 04:07 PM by insidious.)
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Email: insidious@protonmail.ch

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Messages In This Thread
Crypto Ethereum Hitting 100$ - by insidious - 05-06-2017, 04:51 AM
RE: Crypto Ethereum Hitting 100$ - by pvnk - 05-06-2017, 05:39 PM
RE: Crypto Ethereum Hitting 100$ - by Inori - 05-06-2017, 06:19 PM
RE: Crypto Ethereum Hitting 100$ - by pvnk - 05-06-2017, 06:27 PM
RE: Crypto Ethereum Hitting 100$ - by insidious - 05-06-2017, 09:22 PM
RE: Crypto Ethereum Hitting 100$ - by TwoMyths - 05-08-2017, 11:57 AM
RE: Crypto Ethereum Hitting 100$ - by insidious - 05-08-2017, 03:35 PM
RE: Crypto Ethereum Hitting 100$ - by pvnk - 05-08-2017, 03:51 PM
RE: Crypto Ethereum Hitting 100$ - by Skullmeat - 05-08-2017, 03:52 PM
RE: Crypto Ethereum Hitting 100$ - by insidious - 05-08-2017, 03:59 PM
RE: Crypto Ethereum Hitting 100$ - by Skullmeat - 05-08-2017, 04:05 PM
RE: Crypto Ethereum Hitting 100$ - by pvnk - 05-08-2017, 04:10 PM
RE: Crypto Ethereum Hitting 100$ - by Skullmeat - 05-08-2017, 04:11 PM
RE: Crypto Ethereum Hitting 100$ - by pvnk - 05-08-2017, 04:13 PM
RE: Crypto Ethereum Hitting 100$ - by pvnk - 05-08-2017, 04:12 PM



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