Before you get too enthusiastic about ETH/EOS/BCH or any other coin, I'd read this first -- https://medium.com/@StopAndDecrypt/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62
They all share systemic flaws in their scaling choices, which means that the alt-WRECKENING will be upon us soon.
The endless cheerleading of these altforks/altcoins without any critical analysis is rampant.
Do your homework, don't get burned.
Good point but I don't care since 2012 cryptos have made me so much money if something bad happen I still will have a good life.
Its not about you having a good life, its about preventing a complete disaster when people's investment of time and money evaporates like a drop of sweat in the Sahara.
The article clearly lays out why scaling is hard, and precisely why the coins (and more) mentioned are going to cross the rubicon of impossibility -- and fail.
You may be set for life, but plenty aren't. This is a warning so they understand the risks they are taking.
Agree to this comment. So far cryptos look good to speculate and make some fast money but as a long term investment it is still too risky.
I get your point but an investment is always risk not just in crypto but in stocks or your own business etc. NO RISK NO FUN
What happens if you do not take a risk? If you do nothing? Correct. Nothing happens. Everything remains as it is.
Everybody has it in his own hands!
Agreed.Any form of investment is a risk so people should be prepared to lose that money if things go wrong. If you are investing more money than you can afford to lose, then you are not being sensible with your hard earned cash. I wouldn't totally trust medium because they rarely post anything positive about cryptocurrencies, anything on medium should be taken with a pinch of salt.