What should i invest in bitcoin or ethereum

Ethereum proposed to utilize blockchain technology not only for maintaining a decentralized payment network but also for storing computer code which can be used to power tamper-proof decentralized financial contracts and applications. However, this can’t be proven in the real-world until businesses make the leap and give blockchain a try without the so-called training wheels. Ethereum is another use-case for a blockchain that supports Bitcoin, and theoretically should not really compete with Bitcoin. Your coins are stored in the same Robinhood account you use for your stocks and share a login. A blockchain is a public ledger of all transactions that have ever been executed in a given system. Alex Wang Mar Join Stock Advisor.

What is Ethereum?

The world’s second-largest cryptocurrency based on the market bitfoin is Ethereum. Launched inEthereum has seen fast growth in the market as it reached second place, and more people have started using it. Initially released as a white paper by a programmer named Vitalik ButerinEthereum was to be released as a platform that would help in building decentralized applications. His initial suggestion was to bring specific changes wht Bitcoin by giving it a scripting language that will help in application development. His proposal was rejected, so he went ahead and decided to develop his platform to solve this purpose. After intense shojld, on JulyVitalik Buterin launched Ethereum for public use. Ether is the token that is used for Ethereum operations, and it provides a public distributed ledger.

Get in on the latest craze of digital currency

Bitcoin is hardly the only cryptocurrency, but it is the most popular and has become something of a bellwether. Bitcoin is a digital currency released as open source software in It was created by software developer Satoshi Nakamoto. The name is a pseudonym for someone who prefers to remain anonymous. The basic characteristics of Bitcoin are that it only exists on the Internet, is not issued by any government or central bank, and is limited to just 21 million units.

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Privacy and Terms. Main menu Contents Want to see the real deal? More inside scoop? View in App close. Get Paid. Should I invest in bitcoin or ethereum?? Aug 27, Comments. What are your thoughts on investing in bitcoin or ethereum?? Worth it? Google xvC27s. Aug 27, 5 EY HolyCanoli. Northrop Grumman YfwX Everyone is waiting for that drop to buy in.

Doubt there would be a drop unless some bad news with crypto. HolyCanoli: I thought SegWit2x has already happened? It’s still in progress for adoption? Segwit 2x didn’t happen yet, but segwit is activated.

It’s supposedly going to happen in November? But so far the vote for it to happen isn’t majority. Microsoft vector3. Segwit2x is anticipated for mid November at a specific block number. HouseCanary rBqo Aug 27, 5 1. Microsoft Tigolbitti. Invest in ethereum. It will be the reserve currency for alternative crypto assets.

I mean you can argue that it is right. Also, with PoS coming and hard cap at M, its value what should i invest in bitcoin or ethereum going to go up faster than. Msg me if you have any questions. Aug 27, 7 0. The question to ask yourself is why invest in crypto currency? Purely for growth? What happens if the govt decides to ban crypto or restrict usage? Also there is the tax element it is treated as an asset like gold or other precious commodity, so that will eat at your return.

So should you invest? Aug 28, 6 4. Ding ding ding! Correct answer. The fundamentals of crypto currency are not well defined as. Sure, blockchain technology is useful, but which one s will win out?

Will governments find some way to fuck it up? There’s too much up in the air for it to be anything more than a speculative bet as. Well Thats pretty much aligned with what others said about gambling around but would like to add some facts about the valid question you raised on crypto.

Yea sure the the broker charge are there but that how you make money out of it too. And to the one above me, how can you say the fundamentals are not well defined? It is the only purchasing power beyond the banks regulators. I would say you have to dig deeper. Only reason you dont wanna invest on crypto is if you dont wanna buy. As I suggested bit coin right now is too hard to predict but ether and litecoin is kinda no brainer.

New oliver. New Venturi. China ban on ICOs Aug 27, 0 3. The only thing crypto is good for right now is investing. It’s still in the speculation phase, and the application layer barely exists at all. Once the Facebook of crypto happens in a year or two you’ll be wishing you bought today. So your suggestion to invest is based on there being no killer use case? Square anon When professional money managers are getting in last few years the risk has started coming out and the truly transformative gains are behind us.

Aug 31, 1 1. And until crypto is easier to use than cash or venmo, the utility is limited to groups of enthusiasts, not the masses. The demand of the masses is needed to drive up the demand to raise the market cap on the crypto in question.

Too much fragmentation in all the cryptos. This analysis is for the next month to two months. Aug 28, 3 3. United Technologies rohr. Generally agree, this is in line with analysis I’ve seen. But Op: look into «dollar cost averaging» i. Boeing RainCity. Square zcgx Does anyone not realize this currency is based on literally nothing? From a basic economic standpoint this is prone to getting inflated and eventually just becoming worthless.

The only reason the dollar is surviving as a fiat currency is because it’s the world reserve currency so when people make that argument it’s essentially void. Aug 28, 2 3. And I’ll add that those who invested early are definitely swimming in it no doubt, my point is to those who are trying to get into the game this late. What supports the other currencies that are not the dollar, then?

They have value because people believe they. It’s silly but true, and cryptocurrency is the. A critical mass of people believe it has value. Literally the only thing that gives anything value is the fact that you and I place value on it. I wanna hear from What should i invest in bitcoin or ethereum folks.

They seems to have invested on crypto way before us. Aug 29, 0 2. Workday xNZ1Lp. I personally suggested it to the Google executive team and they later adopted it. I agree with WSJ. Sep 18, 3 0. Amazon checkingit. Aug 28, 0 3. That bigger topic but if you want risk free than its Coinbase.

Coinbase is backed by top US based firms. Aug 29, 2 2. New derb. Been in crypto for the past two years. Brought my friends in at the time. They’re all millionaires. Would highly recommend it if you know what you’re doing. Aug 28, 2 1.

How Ethereum Is Different From Bitcoin​

The Securities and Exchange Commission SEC has come out on more than one occasion and cautioned investors about the dangers of virtual currencies. Ethereum is a blockchain based development platform that enables the deployment of decentralised applications dApps and smart contracts. Cold storage is really for long term, secure, high dollar amount storage. It whah definitely risky — but Bitcoin, Litecoin, and Ether are the three biggest. In other words, it’s an entirely new way of transmitting «funds» which are often in virtual tokens from one party to another without the need to use traditional banking channels. When it comes to competing with altcoins, Bitcoin has still less to offer in terms of transaction speed and fees. Long-term investing requires careful research because the scale of qhat investment is usually much bigger. While there are some stories of people making a fortune on Bitcoin inmany people lost as it fell from its peak. Continue the discussion. Follow along to learn more about how Bitcoin works and the best places to buy Bitcoin. Find the one you like the. Your Money. Your friend would have to change every ledger recording your agreement. Keeping the blockchain running takes a lot of computing power and electricity.