Topic: Bitcoin versus ethereum and other altcoins (Read 541 times)

If you only focus on a few days then surely you will say like that where bitcoin has only increased a little but if we talk about quarters and maybe even years we have gotten a significant increase and we should realize that in the end the increase is a big thing but we don't feel enough with the increase that happens so in the end a big increase even from $60k-$100k is not really considered just because the current market movement is quite stagnant and has several corrections.

I don't even dare to say that altcoins are the best in this case because after all they are still referring to bitcoin and even when bitcoin increases not necessarily they follow but when bitcoin has a correction they will obviously get a very significant decline so in this case I don't think it is too suitable in the end to say the best altcoin even for others.

Not really sure if you are already in crypto that time, but you would understand where those thoughts came from. As far as I can remember, it was a bear market and obviously, the price of Bitcoin is going down. And then suddenly, Ethereum goes up and so with XRP and as far as the price close, they almost hit the top price of Bitcoin. But in any case, we all know that won't happen and moving forward, everyone was glad that it didn't.

And it just proved how resilient and robust Bitcoin, even if challenge, it proved itself why it is the the number one crypto in the market. So I doubt that there will be a time again that Ethereum will have such argument against Bitcoin.

There are some other things you should have used to compare and contrast Bitcoin and Ethereum and it will looks more easy and understandable than this you used. First of all, Bitcoin doesn't have a team, it doesn't have people who make the say, only developers do have and it will not get done until the community agrees with the decision which are mostly other trusted developers but ethereum clearly has a team and they are the only one who make a say in the ecosystem.

Bitcoin was never directly created with speed in mind, it was about decentralization and security and at the time of launch, the speed was predetermined. However, Ethereum came to make it more simplified but instead the simplicity made it more complected because of the smart contract calls and execution and it seems what millions of people believe will kill Bitcoin is not living to its promised while Bitcoin is been what it's from day one and that's why people with good choice will pick Bitcoin over ethereum.

They 've built a lot of L2 (and L3) solutions on top of L1 Ethereum.
For instance, they have Arbitrum as L2, on which the TXs are faster and cheaper (almost free of charge).

It saddens me that with Bitcoin, we haven't been able to produce reliable and convenient L2 solutions. Lightning hasn't acquired the necessary traction, perhaps for fair reasons, but I think a good L2 solution is more important than ever, if we want to view bitcoin as a currency and not as savings mechanism.

I feel like the entire Ethereum community is so burnt out and they are ready to move on and divest. I have heard this from folks I know from some of the early days of mining ETH and I just heard it from one of them directly. I think the only thing holding them is just the sheer devotion and history with the coin! Surely it isn't the layers that they have built upon to make it more user friendly or attractive currency, there are far too many shitcoins that have been able to add more utility and lower transaction fees than ETH....

To be honest, there are other cryptocurrencies that are making a good performance in the market. It’s just that bitcoin still dominate them, although they could have an edge in some aspects. But all in all, bitcoin is on top of them that’s why it’s the lifeblood of the crypto market.

However, comparing cryptocurrencies from tangible assets is wrong. They have their own benefits from different aspects. But we can start acquiring slowly all of them if we want, that is to gain more security and assurance when retirement comes.

Gold and silver are undeniably valuable during early days, but bitcoin and ethereum are the trend now considering that technology and innovation are of highest concern. However, we can’t compare gold and silver with bitcoin and ethereum since they are different in all aspects. While gold and silver may have a fixed and increasing value, bitcoin and ethereum could be seen fluctuating its prices every now and then. Bitcoin and ethereum are cryptocurrencies, meaning they’re good as digital assets, while gold and silver, they are tangible assets and precious metals that are both considered as commodities.

We can't compare bitcoin and other altcoins in the same way that we can compare gold and silver because at the end of the day, these things are clearly not interchangeable.

Bitcoin and other altcoins are so far apart in comparison that in the end we can't even compare things that are not comparable so why force it. Discussions like this have happened so much that maybe every year there is always a discussion like this but in every discussion we always have the same belief that bitcoin will never be compared with altcoins because in the end it will be very funny if the king is compared to those who follow them.
Currently the nature of altcoins of course we are aware that their development sometimes always refers to the price that bitcoin has so in the end what to compare things that are difficult or even cannot be compared because the conclusion will still end the same where bitcoin is the king.

People are beginning to see that the other cryptocurrency aren't as good as Bitcoin is that's why they're no longer trying to buy them. It was before that people that joined the industry newly thought that Ethereum can grown pass Bitcoin but they're beginning to understand that that isn't possible. Bitcoin is different from the other cryptocurrency because as Ethereum are sharing their market share with others that are like Ethereum, Bitcoin doesn't have any cryptocurrency that's sharing investors with.

Instead of Ethereum being closer to Bitcoin anymore, it's the other Ethereum killers like Solana that's closer to Ethereum and if Ethereum isn't careful, it'll lose their position to the other cryptocurrency. Bitcoin isn't only growing better than the rest cryptocurrency because it has a better marketing impact but because Bitcoin is better than the rest cryptocurrency.

It's because of the game theory associated to premined coins. I already touched the topic a bit in this post.

If a coin has a large premine like ETH, this puts a "company" (or, in Howey Test vocabulary, a "common enterprise") in the center of the whole coin's economy. This "company" (which doesn't have to be registered as such!) is the team of developers, founders, early bird investors and ecosystem partners who benefit directly from the premine, either because they got allocated coins or because they received fiat (or other cryptocurrencies) selling premined coins to ICO investors.

There are particularly two centralization risks associated with that model.

First, as investors have suffered a dilution due to the premine, they expect the "company" to deliver work - development, marketing, and also a certain "spiritual leadership" (like in the case of Buterin himself) to make the coin flourish and increase its price. If the company ceases to deliver that, the coin will very likely suffer problems (it won't die instantly, but probably lose a lot of value). In such cases it is very difficult that the community "takes over" development of a premined coin. Why should you "work" for the coin's success if you haven't been benefitted by the premine?

This problem leads to a situation where the "company" always takes the main decisions regarding the protocol. They can involve the community but someone of the "company" will often have the last word. The community depends on the company's success.

Second, the "company" often holds lots of coins during extended times. These coins can be used to pressure for some (forking) protocol changes. In the case of Ethereum, the most egregious case was the ETH/ETC split. Buterin threatened to sell coins of the fork not supporting his changes, and thus he achieved consensus for the protocol changes which froze the TheDAO hacker's funds (a case of blockchain censorship, even if the hack was obviously malicious, but blockchains should be neutral).

There are probably more centralization risks but these are the main ones which prevent me to trust premined coins like Ethereum in contrast to decentralized, non-premined coins like Bitcoin. I always associate these coins with a "company" which is close to a single point of failure or "middleman" because they have more power than any other entity in the power game of the coin.

In Bitcoin, instead, we have an equilibrium between miners, hodlers and other "economic nodes", developers and "opinion leaders", which changes with time and prevents anybody concentrating too much power.

And the message op is trying to convey is we should invest in Ethereum now else we might miss the big opportunity. It’s all false, firstly why use Gold and silver as an example when we all know they have a different market price and movement secondly it’s hard to believe someone will advice such now when bitcoin is clearly the best. No one is against investors buying Ethereum it’s an investment choice but, sometimes people take a wrong step when choosing which is best and better I guess op is trying to do same unfortunately Ethereum can’t surpass bitcoin if that’s what most people think they’re wrong.

Admittedly, many years ago (2017 and earlier) there were some altcoins that boldly claimed that they would beat and replace bitcoin...But since 2017, almost the entire crypto market has recognized Bitcoin as the king and no one dares to challenge that they will surpass or become the Bitcoin killer. But it is puzzling that there are still some investors who like to compare bitcoin with altcoins and reaffirm what everyone knows and no one denies.

people who think that ethereum will topple bitcoin are just delusional. they don't see the reality that bitcoin has a much better value compared to what ethereum or other shitcoins offer. these people are fooled by sweet promises that ethereum will one day be adopted by more people and used more than bitcoin-- and make its value skyrocket significantly and make all its holders rich overnight.

no matter how long it will be bitcoin > shitcoin, and that is no longer in question.

For bitcoin maximalists, the rest of the crypto industry is trash and worthless except for bitcoin, so you shouldn't be surprised that there are some people who think so.

I agree that ETH or any altcoin will never be able to compete with bitcoin, bitcoin will always be the king and dominate the crypto industry. But no matter what people say about eth or altcoins with utility, usecase...they still exist and develop over time. Many people also made claims that ETH would soon die or disappear from the early days of its creation but the interesting thing is that it has been around since 2013 and has also grown millions of times. Just because it doesn't perform well and doesn't generate good returns this cycle doesn't mean it's not useful or will die.

The cryptocurrency industry is still very young and there is still a lot to develop and explore, so let's not rush to assert or declare anything when we are not the ones who decide the future of the industry.

Actually, I think that you could explain a best opinion in your comment. I am also agree with your prefer comment. Because we know that bitcoin is the first creation cryptocurrency in the cryptocurrency world. So I believe that gradually bitcoin popularity will increase worldwide in this time. In this time if we follow in cryptocurrency market, we can see that bitcoin price is increasing gradually. I also believe that in this year bitcoin pass on best position in cryptocurrency market. Because we know that Donald trump also include and support in bitcoin. So I believe that it will be best achievement for bitcoin and others crypto currency. So I think that if bitcoin crossing best position, then others crypto currency price will be increase gradually in cryptocurrency market.

Under what assumptions is Ethereum a centralized shitcoin? There are at least several arguments you could make to argue that Ethereum is more decentralized than BTC.

Namely the BTC consensus, PoW, is centralized due to the economies of scale required to mine profitably. Home miners are fairly rare and if they mine, they mine in pool. Compared to that, Ethereum's PoS offers a more democratized access to validating transactions.

There is also the client diversity centralization in BTC - Bitcoin Core client has ~98% market share. This is also a centralization, which gives a great power to Bitcoin Core devs and is a single point of failure. Ethereum has 6 consensus clients and 5 execution clients, with no client having more than 50% market share.

There are of course multiple dimensions of decentralization, we could argue about holders and node distributions and some other things as well.

I'm not claiming that BTC is centralized, it's definitely not. But you cannot honestly claim that Ethereum is a centralized shitcoin, as there are multiple metrics in which Ethereum is more decentralized than BTC.

Actually, If we follow in cryptocurrency market we can see that bitcoin passing a slightly bull run in this time. We also saw that bitcoin price is increasing gradually in cryptocurrency market. I think that 2025 will be crypto year, if bitcoin remain still in this situation. Because we know that when Donald trump win in election then we can see that bitcoin price is increasing rapidly in cryptocurrency market. Because we know that Donald trump also a best supports in bitcoin. So I think that obviously we expect big green signal for bitcoin. So I believe that in this time altcoin and others crypto currency market will be best position, because we know that when bitcoin price is increase then others crypto currency market also high rapidly.

Nope. They will not buy Bitcoin, but instead, they will prefer to buy MEME COINS!!!!!

Still, Ethereum sucks... at least last month because it didn't go up the same as Bitcoin did. Gold and silver are comparable yes, but Bitcoin and Ethereum isn't so the analogy behind OP's post is kind of irrelevant if you will ask me. Trust me when I say that people right now aren't buying Bitcoin... or at least my expectations isn't being hit. Instead, they're investing on meme coins, and they to make risks instead of just buying Bitcoin and holding it. I don't know the reason, but maybe it's because many believe that meme coins have higher upside than Bitcoin hence, more profit for them.

Whatever the case is, Bitcoin will remain on the top and will remain on the top and as for Ethereum? It will be on the top 2.

Exactly, and asides being different projects, their values are different, they're different when it comes to adoption and use cases as well Bitcoin has grown to become an asset class and have even passed silver in that area, whereas Ethereum is still struggling to keep up with it and would take a longer period to pass Silver. Most people refer to Bitcoin as the head of other Cryptocurrencies infact many other Alts move with it trends that  is to say that they depend on it and that's why it's more superior to them, I don't even think their should be any comparison cause Ethereum doesn't come anywhere close and it would take it years to attain the level of Bitcoin's current price. Other coins are just trying to modify Satoshi creation, their creators might have succeeded in creating and luching them but they're no were close to Bitcoin.

Bitcoin is the first cryptocurrency by time of creation. In addition, Bitcoin is the first cryptocurrency by importance. Bitcoin is primary, all other alternative cryptocurrencies (including Ethereum) are secondary.

In the beginning, Bitcoin was created. Then its forks appeared (for example, Litecoin). After that, people began to experiment, creating alternative cryptocurrencies with different properties. For example, Ethereum is Bitcoin with smart contracts, Monero is Bitcoin with increased anonymity and confidentiality, and so on.

However, it is necessary to realize that Bitcoin is the original, and all other alternative cryptocurrencies are copies.

There will be more and more alternative cryptocurrencies, the capitalization of each individual cryptocurrency will decrease over time. The capitalization of the first cryptocurrency will only grow over time. Bitcoin will absorb the capitalization of other cryptocurrencies.

You can not compare bitcoin and ethereum, because they are not same project, bitcoin is a different project and ethereum is different project and that is why bitcoin always be ahead of ethereum, other altcoins is under bitcoin and anything that makes bitcoin to be out of the market other coins will also be out of market they way I'm seeing them, so bitcoin is not like gold and silver, because this two things can be visible and you can touch and keep in your house why bitcoin and ethereum is what you can't touch because is a digital currency, do you know that its helps of bitcoin that makes other coins to increase and without bitcoin to increase ethereum will not increase

[link edited, original one led to a security warning]

Interesting article actually. I think most "degen" altcoins follow this pattern because of the particular economics of premined coins. Their team tries too hard to capitalize on an early hype (often highlighting some minor "innovations") and then proceeds to cash out, entering a "death cycle" where development activity decreases each year, and then simply halts.

Namecoin, which is mentioned in this article as an example, could have been affected by a similar effect: while it's not premined, the team relied on a single use case (name registering) and there were unrealistic expectations associated with this use case. I think however Namecoin is an example of a coin that could turn into an Oscillator again, just because there is no centralized team managing it and because it's an all-purpose blockchain with other interesting use cases too.

In my opinion, in that aspect Bitcoin and Ethereum do actually have some similarities. Bitcoin can also be described as an utility token, only that its purpose is not to host "contracts" (or tokens) but to transfer "value" (of any kind) globally. The "social network theory" (e.g. Metcalfe Effect) applies to both: the more people using it and the denser the network of users is, the more value it can accrue.

I think the main differences between BTC and ETH are more related to their power structure, which was already discussed a lot in this thread. The consequence of its more centralized structure is that the expectation around the developers' and Foundation's work is a more important part of the value theory.

An example: On Bitcoin, software updates are barely noticed by investors, even if their technology is outstanding. On Ethereum, as on many other centralized altcoins, investors actively try to create hype around updates and the new features they bring. This is a bit more similar to stocks, where the value also depends on the company's work. And it's also an indication that Ethereum works a lot more like a traditional security than Bitcoin.

Every investor have a preference of what they want to invest on and like the example you gave, Bitcoin has a huge market cap if compared Ethereum and that's because Bitcoin has more investors as it's decentralized technology can not be compared to ETH.

This comparison is very low and don't make any sense. Do you look at why people want to use Gold? Do you know the importance of Gold and do you know why it's valuable that much? Gold has been in existence for ages, since the civilization started, Gold has been useful, it was when industrialization began silver became useful and saw it importance in the human race, now check again, is Bitcoin and Ethereum very similarl to the comparison that you did?

Bitcoin and ethereum usefulness is entirely different but has some similarities to Gold and silver. If talk about appreciation of wealth, hedge against inflation, means of exchange and many more but the way Gold and Silver is useful to human being as a necessity, Bitcoin and ethereum is not like that but they have their own ways of importance to human like I mentioned earlier. For instance, you can have gold reshape into another object and retain its original value, customized chains and everything, that's the kind of utility I'm talking about about and it will be the same yeses to come, not sure for Bitcoin perhaps until we see central bank adoption probably.

And there were times that people thought that Ethereum will topple Bitcoin,


https://www.fool.com/terms/f/flippening/

But that didn't happen and so up to this day there are pundits that still wanted to compare Bitcoin and Ethereum in which ever way they can.
But for plebs, we all know that it won't happen, and those who really become rich in Ethereum is those who are early investors.

Most people don't see it this way.
As long as there are "coins" that can potentially make them rich quick, they will always dump their money into them.
Completely arbitrarily, I would say that 90% of them will lose money, 5% of them will break-even and the rest will make some profit.

There is no magic to why Ethereum is not near where Bitcoin is today and the simplest answer is that it's demand is not anywhere near Bitcoin, that is just the fact of the matter. Bitcoin is decentralized and it's creator Satoshi Nakamoto, can not influence it in anyway because he is anonymous unlike Ethereum, who's creator is known. Bitcoin has built a solid reputation that no other cryptocurrency can come near even Ethereum that is at a very distant second position. Action speaks louder than words and if Ethereum adoption and demand increases it's market capitalization will speak for it, just like Bitcoin is doing excellently well for itself.

I just don't understand how people keep comparing Bitcoin and Altcoins. Bitcoin will always be above all of them. It has the potential, credibility, and reliability compared to altcoins. Even when there are altcoins that offer features that they claim are better than what bitcoin offers, they cannot match what bitcoin offers to users. It is simply far better and cannot be compared to any altcoin.

Exactly right.

BTC is money and the most liquid in the world and can be melted easily.

The important thing is that they don't print coins using the  ETH Network which ends up with trash coins, embarrassing the community.

If the fundamental and has a use case, go ahead.

Bitcoin's continued dominance is historically true.  Bitcoin has always held the highest market capitalization and its limited supply and position as the first cryptocurrency make it "digital gold".  Although Ethereum has brought many innovations (smart contracts, De-Fi etc.), it has not achieved the market capitalization or dominance that Bitcoin has.However, Ethereum's role is different . It's a technological platform, whereas Bitcoin is primarily seen as a store of value.

Gold is getting more expensive, and silver is comparable to investing in Bitcoin and Ethereum. Gold prices have soared very high this year, and with silver, gold is followed by silver, just like Bitcoin and Ethereum, where prices are consistently rising. Both are rising in value, and this increase allows investors to make significant profits if they buy at a low price. This year, the market has had a significant investment effect for investors. Years of saving provide benefits for many investors everywhere. Bitcoin and Ethereum investments are very promising, as are gold and silver.

ETH for me is a digital oil of sorts.

It is used for what you said - many services and L2's out there. So it's more of a.. intermediary for that, and shouldn't be compared with BTC in that regard, which is the ultimate store of value.

i wouldn’t call ethereum a shitcoin

if you call ethereum a shitcoin then what would you call memecoins that totally have no utility and no value and can only rely on hype and nothing else? ethereum has a different mechanism from bitcoin and it has led technology development but of course bitcoin remains to be the superior one but it shouldn’t take away what ethereum is

I don't think ETH is the silver of crypto though, I'm more inclined to think that altcoin market as a whole is the silver of crypto, and BTC is standing on its own with its sheer dominance. ETH on the other hand not going up because there's just not much that can help it raising its price unlike its competitor in the altcoin category such as SOL. ETH is just under performing and that's the only right reasoning to the ETH current price here.

the problem here is, altcoin get their price from the technology they offered, more scalable and faster blockchain is seen as a success for alt meanwhile BTC isn't judged by that.

Human thinking is a little differently similar to natural resources such as gold and silver market value and their impact cannot explain how much their impact is, while deciding the future of crypto currency comparison gold and silver is a lot of work agreement. A large market cap of gold and silver market proves that natural resources can be long-term prices just as in the case of crypto currency, but of course they will change with technology at times the price of bitcoin expansion price is safe, because many see it as the first choice especially in long-term investment. The thing you mentioned is that Bitcoin will maintain their domination and it is very possible that the second height of grace currency will gain greater position as the second stadium. This competitive market can catch much improvement in the Bitcoin and Ethereum platform. But Bitcoin will remain in the main center and other cryptocurrencies will place among them.

So why don't you channel that question to Vitalik Buterin, that is, the  Russian-Canadian base programmer who is known to have founded Ethereum "Why is the value of his coin not skyrocketing just as you claim above". Because it's obvious it seems you forget how these coins works, because Bitcoin we seed today didn't just skyrocketed without an increasing demand for it with it's limited supply.

Ethereum is not money.

Bitcoin is money.

In my mind, buying Ethereum is more like paying for an API to use its services, for example creating a shitcoin on the Ethereum blockchain using ERC20. You need to pay fees for that, which are paid in ETH.

This conversation hinges on whether ethereum or any altcoin can exceed the psychological impact and market relevance of bitcoin. People say "next big thing," but that's like trying to compete gold with an unfamiliar metal nobody knows. See how people choose sides: they stick to knowledge and past performance. Bitcoin is now known to be Its predominance floats at 50% for a good reason. Unless there is a clear benefit, people do not readily go from something steady to something experimental

Indeed, ethereum boasts a vibrant ecosystem, but it by itself does not ensure a complete marketcap explosion. Adoption calls for belief as much as it does for knowledge. People want to see real-world application; they want actual stability; they want trust spanning boundaries. Bitcoin meets those criteria. It has to do with dependability over long stretches. New coins sometimes arise, but if you ask ordinary investors, they would much prefer chose the known name than gamble on the obscure. People operate in this way. This is why the top position of bitcoin remains strong. Although the second-place coin might grow more, the difference is still somewhat noticeable. The gap remains real

Bitcoin is bitcoin, while ethereum only serves as an alternative cryptocurrency, so they shouldn't be compared since they have different roles in the crypto market. However, these two makes up a perfect combination of investment. Bitcoin is your main investment and takes a higher allocation, but for the purpose of diversification, having ethereum could be a perfect one.

Maybe it is time to bring the altcoins season and bitcoin season analogy. Let us believe that we are in the bitcoin season, the reason why bitcoin pumped so hard against the altcoins. All the way, Ethereum and other altcoins did also experience growth.

What do you think will happen to Ethereum if the anticipated altcoins season happens. This could be the moment you actually want to see. Ethereum at 10k will be a good balance to the current price of BTC. But always remember that BTC is the king

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.

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.

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.

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.

Perhaps privacy is the only thing one can point out in monero which is a very beautiful attribute to us.

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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).

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.

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.


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.

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.

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.

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.

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.

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.

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.

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.

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.
Because there is an owner.... Vitalik can still control Ethereum.

By that logic, shouldn't ETH be/get to $10,000 USD? 

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.

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.

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.