Pages:
Author

Topic: Can Bitcoin and Ethereum co-exist? (Read 1853 times)

hero member
Activity: 686
Merit: 510
July 20, 2017, 09:37:13 PM
#46
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.
But Bitcoin remains in the higher spot. They are trying to beat the Bitcoin in so many ways but they didn't because Bitcoin is well known by over the countries. They are seeking for the good crypto coins to defeat on the higher ranks. Many cryptocurrencies will come out all over the years and they will use this it as their money transaction. 
full member
Activity: 560
Merit: 111
July 20, 2017, 09:24:24 PM
#45
Quote
HAVE NO DIFFIRENCE BETWEEN Ethereum AND Expanse COIN
https://poloniex.com/exchange#btc_exp
EXCLUDE NAME AND PRICE
hero member
Activity: 1092
Merit: 501
July 20, 2017, 09:21:58 PM
#44
The bigger question is, Can Ethereum survive long enough to be able to be in the same class as Bitcoin. A lot of people have their doubts that a

coin that are built on pre-mine/pre-sale tokens and no supply cap, can be anything other than a ScamCoin. Some people also think it is a security

fraud waiting to happen. Time will tell, if they were wrong.  Wink
Ethereum will never be in the same class of bitcoin, in fact bitcoin does not have a serious competitor yet, while some point out to the fact that bitcoin has been losing market dominance over time, especially in the last year, I think we are about to see a reversal, a lot of money that is currently riding in altcoins is going to go once again to bitcoin after bitcoin gets segwit activated, I do not think we are going to see bitcoin dominance of 90% like in the past but I think we could reach up to 75%.
legendary
Activity: 1526
Merit: 1001
July 20, 2017, 10:48:38 AM
#43
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

Do we have to raise this as an issue when they are, in fact, already co-existing? Does Bitcoin exists? Yes. Does Ethereum exists? Yes. Does other cryptocurrencies exist? Yes. So they are all co-existing regardless of what are their purposes. Yes, the market is huge and still growing. Co-existing with each other doesn't have to have one another. The only thing they need to do is to coexist harmoniously.
As you said. There is any co-exist between both I would prefer a good reply to your statement. Yup both are growing well. But if you notice that bitcoin is the father of all crpyto currencies where Ethereum is the new one.  There is only one thing common in both. Both are having large number of investor. But bitcoin is far different then ETH.
legendary
Activity: 1148
Merit: 1048
July 18, 2017, 02:52:22 PM
#42
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

The real question should be, can altcoins co exist with bitcoin because bitcoin will be always here. Bitcoin has better support, a bigger community and a very active one. Altcoins including Ethereum are usually pump and dump coins, sure someone can make money with them by buying low and selling high because those have even higher volatility than bitcoin, but that's it, they are not as mainstream as bitcoin so their long life existence is not guaranteed compared to bitcoin.

i think the most efficient purpose of each coin will become evident; to me that is ETH being more transactional with bitcoin being a longer term, stable store of value. once we get more mature investors in the space, the price wont be quite so volatile. perhaps bitcoin will truly mature into a digital gold, the volatility now of all alts makes it anything but. unless you brought in so early on a coin that you will be in profit no matter what, you cant plan long terms savings goals with bitcoin; too easy to underestimate because of a price retraction, or waste time and overestimate because the price surged.
newbie
Activity: 31
Merit: 0
July 18, 2017, 12:50:27 PM
#41
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

Do we have to raise this as an issue when they are, in fact, already co-existing? Does Bitcoin exists? Yes. Does Ethereum exists? Yes. Does other cryptocurrencies exist? Yes. So they are all co-existing regardless of what are their purposes. Yes, the market is huge and still growing. Co-existing with each other doesn't have to have one another. The only thing they need to do is to coexist harmoniously.
newbie
Activity: 26
Merit: 0
July 18, 2017, 12:20:11 PM
#40
Of course they are already coexisting and will continue.

What is this "one coin to rule them all" mentality. This is not Game of Thrones.

They have very different different purpose. ETH and its smart contracts is only going to grow in popularity, recent price drop is very normal if you have witnessed BTC from the beginning. If you treat ETH as a currency, you are making a big mistake. It's value is in creating platforms that can decentralize markets where monopolies rule. Actually I believe they compliment each other pretty well.

And ETH doesn't not view and has never viewed itself as a competitor to bitcoin.

Here's a small part from the Ethereum official page. Its sums it up pretty well.

"Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else."


Peace Wink


newbie
Activity: 41
Merit: 0
July 18, 2017, 12:18:56 PM
#39
Ethereum is a promising coin, but I still would see bitcoin staying at the top currently, however everyone will co-exist regardless of the top coin or not, altcoins existed for years now from Litecoins, And that didn't mean bitcoin wouldn't exist in the same time.
full member
Activity: 169
Merit: 105
July 18, 2017, 12:10:42 PM
#38
I think Bitcoin has a bright and promising future and can be the digital coin of choice adopted everywhere, especially because it was the first and it is very solid.

But I am more of an Ethereum person. I think both will coexist because Ethereum is not a digital coin, is a platform that introduced smart contracts to the Blockchain. There is no actually competition, and some of other alt coins (especially ERC20 tokens built on Ethereum) are more like companies stocks than coins. When Ethereum solves scalability and other current issues and when actual applications (such as Golem's supercomputer or BAT's advertisement platform) see the light of day, we will see the Ethereum network being used everywhere, descentralizing essentially everything.

Is there any plan/intention of Bitcoin ever supporting smart contracts?
legendary
Activity: 1918
Merit: 1728
July 18, 2017, 11:56:10 AM
#37
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

And what you mean when you say co-exist? Both are cryptocurrencies mostly have different visions and utility. Ethereum is currently more famous as token issuing currency while Bitcoin is more famous as real utility currency. Thus both are famous as they catering the needs of users atm but whenever anyone of them seems barren, other one will surely take over completely, till then keep investing and hodling both  Cheesy
full member
Activity: 504
Merit: 105
July 18, 2017, 11:46:24 AM
#36
They pretty much co-existing right now. Bitcoin's goal and Ethereum's goal also differ so I can see that none if them will be eliminated. One thing for sure is that they will still be fighting over which of them will be on the top for the succeeding years that will come.
full member
Activity: 210
Merit: 100
July 18, 2017, 11:36:05 AM
#35
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

Of course, they can completely coexist, so many people are confused, bitcoin and ethereum are not opposites, they are created with different missions, in part, they support each other, because So, they may exist.
newbie
Activity: 2
Merit: 0
July 18, 2017, 11:24:09 AM
#34
it's hard to even say ETH is "competing" with bitcoin on equal footing, it would be the same as saying USA and a developing country are in the same conditions and economical condition, which is false.
ETH is growing, I can't deny that, but I don't think it's even close to even over-taking bitcoin, it's still impacted like this with bitcoin SegWit, I think this shows how much it is just an off-shoot of bitcoin, and still completely dependent on bitcoin price.
newbie
Activity: 56
Merit: 0
July 18, 2017, 11:21:09 AM
#33
The bigger question is, Can Ethereum survive long enough to be able to be in the same class as Bitcoin. A lot of people have their doubts that a

coin that are built on pre-mine/pre-sale tokens and no supply cap, can be anything other than a ScamCoin. Some people also think it is a security

fraud waiting to happen. Time will tell, if they were wrong.  Wink

i dont think Ethereum will survive, bitcoin is more popular then any coin
legendary
Activity: 1904
Merit: 1073
July 17, 2017, 11:24:04 AM
#32
The bigger question is, Can Ethereum survive long enough to be able to be in the same class as Bitcoin. A lot of people have their doubts that a

coin that are built on pre-mine/pre-sale tokens and no supply cap, can be anything other than a ScamCoin. Some people also think it is a security

fraud waiting to happen. Time will tell, if they were wrong.  Wink
newbie
Activity: 28
Merit: 0
July 17, 2017, 10:11:09 AM
#31
There is no rivals for bitcoin it will not in future all other crypto currencies traded mostly using bitcoin even ethereum . Bitcoin will be always the ruler in crypto world . Other coins can buy from low and sell it on high to get profit .

yes i agree with you

You're right, bitcoin probably will always be the biggest crypto coin, but ethereum has different goals and goals. They can coexist but there is a good faction among communities
newbie
Activity: 56
Merit: 0
July 17, 2017, 10:04:00 AM
#30
There is no rivals for bitcoin it will not in future all other crypto currencies traded mostly using bitcoin even ethereum . Bitcoin will be always the ruler in crypto world . Other coins can buy from low and sell it on high to get profit .

yes i agree with you
newbie
Activity: 56
Merit: 0
July 17, 2017, 10:02:12 AM
#29

Currently btc judgment has not come to an end. There are still too many things to calculate. Investors are now safeguarding their money. When there is no specific or clear information about the upcoming btc process, eth ltc dash or some new altcoin will place the option to avoid storms. I think eth will be better. Its community and roadmap seem more potential

why do not it can be just bitcoin, ??
sr. member
Activity: 434
Merit: 250
July 17, 2017, 09:36:49 AM
#28
There is no rivals for bitcoin it will not in future all other crypto currencies traded mostly using bitcoin even ethereum . Bitcoin will be always the ruler in crypto world . Other coins can buy from low and sell it on high to get profit .
newbie
Activity: 56
Merit: 0
July 17, 2017, 08:07:44 AM
#27
eah already are doing isn’t? I think they can very much co-exist and not just these too. I completely believe that down the line in next 3-4 years, I will be 10-15 Crypto Currencies that will be fighting for the top spot, so they all will co-exist and there is no reason why they can’t. The market is so big that it’s easy.

it has been 8+ years and there have been hundreds of altcoins fighting pretending to be able to compete with the first spot. in the future this will only change if NEW altcoins are created with some utility and usefulness as a currency in mind not with "how to pump and dump more" in mind and as their main goal.

so far ethereum has been the pump and dump to make more money. and it is not a currency. it is a platform for smart contracts which in reality is used to create ICO scams! so it is more like a double fail for it.

besides if you want to compare you should compare things in their own category. bitcoin is a currency. ethereum is a platform for smart contracts with token called ether which is not even supposed to be used as a currency. if you want to compare then do it with other smart contract platforms. there are a lot of them and many do it so much better and easier than ether.

well i have seen due to bitcoin once r=ehtereum rised and it had seemed that it can rise up more in the market,
Pages:
Jump to: