Quote:
Originally Posted by vikthunder
I think money supply is the biggest thing holding back ETH. Bitcoin has the first mover advantage and the fact that it's super simple to understand. There's 21M coins and it's a simple cash replacement. If they didn't cripple their blocksize, it would be through the roof.
ETH is harder, the supply isn't 100% defined, there will likely be a massive change to POS, everyone is making their own tokens, etc. It's impossible to even really give a fair estimate of market cap under those conditions. And therefore it's really difficult to gauge price and utility.
Just some notes on this.
Supply is really hard to understand for both. I would guess today there is about 12M-14M bitcoins available. Inflation is around 1-2BTC/min and given todays price I assume it will remain above 12.5MB/10min for a while.
Right now Ethereum is even more complicated to understand. But maybe soon we will get a slightly easier like "something something < 103M". There is a lot of uncertainty here, but that is for us speculators to speculate on.
I like the idea of having a known max, but I find Bitcoin to be a bit too slow to get there. As a scaling solution I wouldn't mind to just decrease the block time to say 1min. I am sure miners would like it also. I also like PoS much more than PoW even with no block reward.