Notice: I am not affiliated with Decred. I am just a strong supporter. This Steemit-article is mostly blatant shouting, speculation and criticism of some aspects of mainstreams medias coverage of Ethereums race to get the dominance of cryptocurrencies.
Ethereum has good tech and there are many good reasons to love it, but this unrealistic “throning” of Ethereum makes me believe it may fool many crypto newbies to believe ETH and BTC are competitors in some way. So I think people may be manipulated to buy Ether. Therefore: My belief is that Ethereum is overvalued and overhyped.
I twisted the “The Flippening” -hype to the favor of a coin I think should have the throne as a worthy competitor to Bitcoin. I use the “The Real Flippening”-hype to the advantage of Decred (DCR); which I believe has the ability to solve the scaling issues of Bitcoin - Not Ethereum.
----- Notice finished ------
----- Shouting starts now ------
Mainstream media uses "The Flippening" to deceive new cryptocurrency users to think that Ethereum is a competitor of Bitcoin. Could it be manipulation?
https://spee.ch/therealflippening-gif <--- This is the direct link to this picture. It is on LBRY :) Share if you want to support #TheRealFlippening.
Bitcoin and Ethereum have completely different functions and goals. Together we can make "The Real Flippening" real for the real competitor: Decred (DCR).
Decred - The only cryptocurrency which solves the governance problem of Bitcoin.
- Do you want to support "The Real Flippening"? Retweet this tweet
- What are people saying about #TheRealFlippening on Twitter?
When even The New York Times tells Bitcoin to move over for Ethereum, I smell corruption. It stinks.
I do not think it makes any difference if it flips. The flip has no purpose, other than hype for Ethereum.
So, Investopedia. Mentioning Ethereum as a solution or a replacement to Bitcoin, clearly proves you are missing the point! But you may be right: "Bitcoin could see its system completely disintegrate as a result of scaling problems or other significant growing pains." I just do not think Ethereum is the answer. Why not Decred?
- This one is too obvious, really.