Ethereum marketcap is lower because institutional investors are being sold Bitcoin by the few who are providing the onramp to these large players. They conveniently changed the narrative around bitcoin from payment system to "digital gold".
Smaller investors are chasing the shitcoins (penny stocks).
You dont have much vested interests really 'marketing' ethereum. most people involved are headsdown building great products and protocols.
this only shows your bias. If FB or Google release a project duplicating this, it will be legit tech. Just like the whole blockchain was a ponzi scheme till FB copies most of the features and release Libra.
The zero-point on that graph is 2.5M ETH. It's certainly down significantly from last year, particularly when measured in dollar terms, but in terms of ETH wallets it's just about half. Withdrawals on the site you cited are at about 2/3 of their 2018 averages.
Among other things Ethereum is enabling, DAOs and crowd funding is very interesting and already here today. digix.io raised 5.5 mil in 14 hrs this morning! Compare that to pitching multiple VCs and negotiating terms sheets. On the other side, anyone can participate and you need not be a reputed VC to get in.
Slock.it will be next. I think they will set a new record.
I'm the guy who created the Swarm platform, Swarm fund and Harvard conference on cryptoequity. The rough conclusions of $100k+ of legal research was that product tokens are highly likely to be regulated as securities in the US but that cooperatively governed organizations are likely to be regulated as partnerships. Notice all the "likely" aspects as this depends either on a clear ruling from the SEC or case law, neither of which exist.
This uncertainty made me withdraw from hosting crowdsales until some precedent was established (I did however, setup two funds that can take positions in crowdsales).
For what it's worth Swarm was a proto-DAO launched on the Bitcoin blockchain in an attempt to do roughly the same thing on the Ethereum blockchain once Ethereum was ready.
yes, lots of issues to be resolved but the team and community is making great progress instead of stuck in disagreements. check out this Casper progress at 57:00 http://blog.synereo.com/2016/03/06/Synereo-Update/
I am amazed at this open contribution and collaboration.
after seeing this thread I login to my coinable account since I have check it in few months. Shocked to find my BTC balance to 0 although I had a few. emailed support this morning and so far no response.
The idea that people should be more specific when talking about one of the most well-known (and used) programming languages on a site called Hacker News is simply odd to me.
Smaller investors are chasing the shitcoins (penny stocks).
You dont have much vested interests really 'marketing' ethereum. most people involved are headsdown building great products and protocols.