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Topic: Bitcoin versus ethereum and other altcoins - page 3. (Read 541 times)

sr. member
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January 30, 2025, 02:07:05 PM
#17
When compared to Bitcoin and Ethereum, there are indeed many differences and also different goals and functions. And maybe what OP means is that when assessed in terms of profit and capitalization comparison, Bitcoin is far superior in terms of profit and also dominates which has proven to be the best cryptocurrency and also the number one asset chosen by most people or investors in terms of profit and storage value. And besides, Bitcoin is limited in number and there are only 21 Bitcoins which makes the price of Bitcoin continue to increase due to its high demand.

Bitcoin cannot be compared to other cryptos because Bitcoin is the first cryptocurrency in the world and the others are just imitations of Bitcoin, but will never be as perfect as Bitcoin. And when compared or as an example Bitcoin is like gold and Ethereum is like silver, it can indeed be said like that and Bitcoin or Gold is definitely much better and superior to all of them.
sr. member
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January 30, 2025, 01:50:41 PM
#16
People do not want to understand how humans are thinking. They are disappointed about how ethereum has not gone up massively but they forgot to check how natural assets are.

Gold marketcap: 18.8 trillion.
Silver marketcap: $1.8 trillion.
Gold is 10 times higher in marketcap than silver.

The reason I compared the two is gold is the natural asset that has the highest marketcap while silver is the second. This is how people will see bitcoin, ether and other cryptocurrencies. People will prefer bitcoin and buy it instead.

After a long period of time, know that bitcoin will continue to dominate with over 50% dominance but the dominance with ethereum or the second higher crypto by that time will likely get larger.

People knows what they want from bitcoin, the way forward for them in cryptocurrency is also the same bitcoin, because they can afford the transaction fee in the bitcoin network than the one from ethereum, secondly, they realized the importance of market cap, market volume as well as other important parameter to look out for when it comes to how a digital coin is trending and people are rushing to buy and sell, imagine the entire altcoins never reached just half of what bitcoin is, the way is still far fetched, ethereum will remain no difference to other altcoins while bitcoin continue to maintain dominance over them all.
hero member
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January 30, 2025, 01:38:07 PM
#15
The reason I compared the two is gold is the natural asset that has the highest marketcap while silver is the second. This is how people will see bitcoin, ether and other cryptocurrencies. People will prefer bitcoin and buy it instead.
Bitcoin and Ethereum are differently in total supplies. Bitcoin is fixed total supply, Ethereum is not, it is huge difference.

Gold and silver are not capped in total supplies but they basicaly are different  with Bitcoin and Ethereum.

Quote
After a long period of time, know that bitcoin will continue to dominate with over 50% dominance but the dominance with ethereum or the second higher crypto by that time will likely get larger.
Bitcoin dominance is affected by more new thousands of altcoins created with time and new market cycles.

Altcoins are so terrible if they are altcoins in general and if they are Degenerator altcoins in particular.
The two types of altcoins. The investor view.
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January 30, 2025, 01:00:54 PM
#14
Those values can't be found on other cryptocurrency.

Just to be fair, Monero has significant attributes that bitcoin doesn't have, that are (in my eyes) ameliorations.
Monero is an altcoin that will never reach bitcoin's popularity for various reasons.
I just post it because you said those values can't be found on other cryptocurrencies, but Monero, for me is a golden exception.
Perhaps privacy is the only thing one can point out in monero which is a very beautiful attribute to us.

Bitcoin is more life a paradigm that was invented/innovated as a result of world financial crisis of 2007/2008. It had a real time problem to solve having better attributes to be called money in place of fiat or better than fiat but perhaps Ethereum and every other shitcoin was more of a copy and paste of bitcoin with and unlimited supply or a totally supply that would probably not be reach, must or all for selfish reasons.

Bitcoin will always have more dominance over shitcoins as it's peculiar to only scammers (creators).
hero member
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January 30, 2025, 12:57:20 PM
#13
Bitcoin is not under anyone's control which means freedom but Etherum is controlled by the owner making it to have a lot of flaws. Anyone that compares bitcoin with Etherum doesn't have the knowledge of bitcoin, because all crypto enthusiasts knows that bitcoin will forever reign supreme over Etherum. Bitcoin solves a lot of problems which makes it very unique.
legendary
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January 30, 2025, 12:04:38 PM
#12
After a long period of time, know that bitcoin will continue to dominate with over 50% dominance but the dominance with ethereum or the second higher crypto by that time will likely get larger.

Bitcoin will continue to dominate the market because it has built trust over the years. Its decentralized nature has made many investors trust it. Investing in a coin that is controlled by a few individuals is risky because they can easily control the market. People might want to invest in altcoins because it is cheaper but I prefer to buy Bitcoin in bits because it gives peace of mind and even appreciate more than some of these coins.

Yeah it should but a lot of people aren’t so comfortable with it as they’re scared that, anything can happen at anytime since the owner is still very known.

Even if Satoshi is around, he doesn't full control over the Bitcoin system. So it owner being around is not the case but how decentralized the coin is matters more.
legendary
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January 30, 2025, 12:02:37 PM
#11
Poor litecoin used to be called silver and now it is eth huh? Tomorrow some other coin will replace eth but bitcoij will be the digital gold foreva. Who cares which coin is the second best when we have the best? Bitcoin is my king and the rest doesn’t interest me. Kingslayer! Get in here we are telling war stories.

Eth is not truly decentralized too as long as vitaliq has an influence over the network too and without vitaliq eth is not different than the rest of the alts. Ironic huh?

Kingslayer! Go find a chamber pot to empty.
hero member
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January 30, 2025, 11:56:52 AM
#10
Those values can't be found on other cryptocurrency.

Just to be fair, Monero has significant attributes that bitcoin doesn't have, that are (in my eyes) ameliorations.
Monero is an altcoin that will never reach bitcoin's popularity for various reasons.
I just post it because you said those values can't be found on other cryptocurrencies, but Monero, for me is a golden exception.
legendary
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January 30, 2025, 11:32:50 AM
#9
You're just pointing out without any reason.

I understand that most people saying Bitcoin is more valuable than Ethereum or other coins because the maximum supply is limited, but it's not only about that. Bitcoin has many intrinsic value like decentralization, pseudonymous, privacy, censorship resistant etc.

Those values can't be found on other cryptocurrency.
hero member
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January 30, 2025, 11:22:22 AM
#8
I 'll keep my bad thoughts for altcoins away from my response and I 'll try to answer politely.

Bitcoin dominates everything because it's proven to be the only valuable cryptocurrency with plenty of use cases and serious development.

Ethereum stagnates.

Solana is the new ethereum, that will stagnate in the next cycle.

Everything else is slowly going down compared to BTC, even if their price goes up compared to USD.
member
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January 30, 2025, 11:07:00 AM
#7
The problem with altcoins is they were all created by for-profit private enterprises for the purpose of enriching the founders and early investors.

They all have endless supply or nearly endless supply where the founders, VCs and devs issue themselves 80 to 99 per cent of the supply,
print new tokens whenever they feel like it, and dump on retail idiots  (err I mean investors) whenever they feel like it.
Those who have little to no understanding what they are throwing their money into are left holding the bag.

When you have crap like dogecoin, pepecoin, fartcoin, etc. with billions in marketcap you know you have reached the pinnacle of insane,
off the chart levels of mass stupidity.

Tulip mania could certainly be used to describe the shitcoin/altcoin market. But at least tulips are something that have some actual value.
Altcoins are little more than a high-tech recreation of the traditional fiat money system, but with qualities that make them much worse than fiat.

They are little more than high-tech Ponzi schemes masquerading as "technological innovation." In other words, modern-day snake oil.



hero member
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January 30, 2025, 08:07:45 AM
#6
Personally I don’t have the time for comparison and that’s why I don’t even ask people to invest in other cryptocurrencies because I don’t want any unnecessary comparison.
As a crypto enthusiast, there shouldn’t be any need to go compare especially for the wrong reason but rather we should always do a proper research on what coin you want to invest in  and people should also know that, bitcoin is the major pioneer coin and as such, a lot of people believe in it because over the years, it has proven itself to always come back bigger and better after each dip.

By that logic, shouldn't ETH be/get to $10,000 USD? 
Yeah it should but a lot of people aren’t so comfortable with it as they’re scared that, anything can happen at anytime since the owner is still very known.
sr. member
Activity: 294
Merit: 433
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January 30, 2025, 07:11:17 AM
#5
So who would compare Bitcoin and Ethereum as equivalent? People always calling ETH a BTC killer is nonsense!

So in terms of market capitalization, the market is almost the same as Gold and Silver, which is quite a difference.
No matter how hard it tries, Ethereum still remains a centralized shitcion.
Because there is an owner.... Vitalik can still control Ethereum. Grin
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January 30, 2025, 06:14:50 AM
#4
By that logic, shouldn't ETH be/get to $10,000 USD? 
copper member
Activity: 126
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January 30, 2025, 06:06:51 AM
#3
It's not about dominance, but about values upheld.
BTC has the moments each cycle where its DOM falls, it is filled with big alts for a little while, then memes shine a bit, and then again - Bitcoin for most of the time.
It's simple.
Just as the fact that no matter what, Bitcoin would still remain in a good position, cap and adoption-wise.
sr. member
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January 30, 2025, 05:58:09 AM
#2
Yeah I understand the comparison between Gold and silver both quite same with the former better.
But Bitcoin and Ethereum don't share the same relationship.
The only thing they share in common is been Cryptocurrency.
They can't compare because they ain't even in same class.
No matter how hard it tries, Ethereum still remains a centralized shitcion.
newbie
Activity: 18
Merit: 10
January 30, 2025, 05:06:46 AM
#1
People do not want to understand how humans are thinking. They are disappointed about how ethereum has not gone up massively but they forgot to check how natural assets are.

Gold marketcap: 18.8 trillion.
Silver marketcap: $1.8 trillion.
Gold is 10 times higher in marketcap than silver.

The reason I compared the two is gold is the natural asset that has the highest marketcap while silver is the second. This is how people will see bitcoin, ether and other cryptocurrencies. People will prefer bitcoin and buy it instead.

After a long period of time, know that bitcoin will continue to dominate with over 50% dominance but the dominance with ethereum or the second higher crypto by that time will likely get larger.
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