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Re: None

Tuesday, 07/25/2017 12:24:16 PM

Tuesday, July 25, 2017 12:24:16 PM

Post# of 176
Ethereum and GBTC Info from other board -



https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133265261


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133272712



>>> Ethereum is a platform, Ether (which is what you buy) is a currency.

The Enterprise Ethereum Alliance is interested in ethereum as a platform and a service and technology. They aren't investing in it because of the currency, they like it because of what th e platform DOES, and what it is capable of doing.

I do think ether has potential and will grow in value long term, however there are forks of the platform (such as Augur), which have a more ambitious roadmap with a lot to promise (although if you ask bitcoin, being the first eans something). I do not think it is going to 10x by any means.

Litecoin, I believe, could easily produce very signifant gains in both the medium and long term.

That said, I own both. <<<

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>>> Yes and no. It's similar to Ripple (XRP) in that it is the "fuel" for running the network, but it doesn't necessarily mean Ether will be worth a bunch of money. It still isn't used to buy things, it is used as payment to machines for executing operations.

At its core, it is a development platform.


As far as a Bicoin fund, I would just buy BTC outright and place them in a hardware or paper wallet -- then again, I am comfortable with buying and selling cryptos. For people who aren't, it will be good.

I do not think it's needed though. Think about a Gold fund. You buy $100k worth of gold...where do you store it? How do you get it delivered? The Fund solves these problems. Cryptos have none of these problems because they are virtual. All you need is a $90 hardware wallet or a printer and some software and you are good to go. <<<

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