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Topic: Comparison of Bitcoin and Ethereum (Read 217 times)

hero member
Activity: 2156
Merit: 531
October 15, 2021, 04:36:18 PM
#27
ethereum will not be higher than bitcoin in the future in terms of price, because bitcoin is king and the only one crypto that has a better place in society/community than any altcoin including ethereum ,bitcoin is also second to none ,the less that has been mined ,the scarcity is also shrinking it can mean that one day the price of bitcoin will be more expensive/high than its today
sr. member
Activity: 2506
Merit: 368
October 15, 2021, 04:05:32 PM
#26
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
You are over escalating about the Ethereum technology compared to Bitcoin, plus the comparison of the price is far from getting close. I think Ethereum need more than a decade or century before reaching this price while Bitcoin price is on another level of bull run. It's because both have a different circulating supply. It's just a basic economics, demand and supply.

Plus, Bitcoin on the other hand is considered as an asset or a store of value, just like gold. That's why most investors prefer to invest in Bitcoin than in any other altcoins.
hero member
Activity: 2814
Merit: 911
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October 15, 2021, 02:41:32 PM
#25
Even though ETH has very high quality technology and smart contracts, and ethereum is also widely used in transactions in crypto, but I never thought that etherem would rival the popularity of BTC ever, because BTC is a coin that is highly prioritized as an investment by everyone. 
Even if he forget the limited number of coins in circulation, i am yet to grasp the high quality technology you are talking about. We can include smart contracts in the BTCitcoin blockchain but it will be heavy duty and eventually we will struggle with scaling and so is the reason we did not activate that. ETH on the other hand said they would scale massively and what is the transaction fees you are giving now, i can bet that you will be spending over $40 to make a transaction and anyone active in the NFT market very well know how much fees they loose for every transaction.
sr. member
Activity: 585
Merit: 250
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October 15, 2021, 11:09:41 AM
#24
Even though ETH has very high quality technology and smart contracts, and ethereum is also widely used in transactions in crypto, but I never thought that etherem would rival the popularity of BTC ever, because BTC is a coin that is highly prioritized as an investment by everyone.  , because in addition to its increasing price, BTC also has a very limited supply, while ETH has a very abundant supply on the market, of course it is very unlikely to be able to match BTC's record.  but even though the comparison of BTC and ETH is very far, etherem is an altcoin that is very worth investing in because it is very promising.
legendary
Activity: 3654
Merit: 1165
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October 15, 2021, 10:28:24 AM
#23
I hope your brain is still very normal in thinking about this, because if you look at the decades-old age of Bitcoin, it is unlikely to be overtaken by younger coins like Ethereum, because it is not only related to smart contracts, but also affected by supply and demand and also from price movements when Bitcoin declines, because in general Ethereum often experiences a decline in price when Bitcoin experiences a price decline in the market, so what's the story to overtake Bitcoin if it still happens to Ethereum ? Grin Huh
The situation in people's minds is that ETH has a better blockchain and that is why it could be going over bitcoin. I agree with them in the part about how eth has a better blockchain, it is really better than blockchain of bitcoin. However we all know that there are better blockchains than even ethereum as well, and yet they are not going above ethereum, which is a proof that blockchain is not the only thing that makes something list higher.

Of course, it is something that helps however it is not the only thing neither. In the end popularity is a very important part of it and I think that it is obvious that we should not be focusing on just one part, focus on ALL parts of a coin to see if it gets listed higher. I agree that eth will not be listed above btc, but I still agree the blockchain is better in eth.
legendary
Activity: 1568
Merit: 1002
October 15, 2021, 06:30:55 AM
#22
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
I hope your brain is still very normal in thinking about this, because if you look at the decades-old age of Bitcoin, it is unlikely to be overtaken by younger coins like Ethereum, because it is not only related to smart contracts, but also affected by supply and demand and also from price movements when Bitcoin declines, because in general Ethereum often experiences a decline in price when Bitcoin experiences a price decline in the market, so what's the story to overtake Bitcoin if it still happens to Ethereum ? Grin Huh
hero member
Activity: 812
Merit: 509
October 15, 2021, 04:53:41 AM
#21
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin

No.

Bitcoin's intrinsic value comes from its scarcity and store of value properties.

Ethereum is designed to be used in DeFi, smart contracts, NFTs, etc.

You can't say that they are even in direct competition with one another. This is why the flippening narrative is never gonna pan out.
sr. member
Activity: 504
Merit: 250
October 14, 2021, 07:20:02 PM
#20
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin

You're ignoring a lot of factors here.

Firstly, ETH has a larger circulating supply than BTC so it makes no sense to say that ETH will exceed BTC's price in the future even if their market caps do catch up.

Secondly, ETH and BTC serve completely different roles; ETH is a utility token that can be used in smart contracts and DeFi, whilst bitcoin is a store of value. So it's not like it's an "either or" situation here.
legendary
Activity: 1918
Merit: 1122
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October 14, 2021, 08:28:28 AM
#19
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
Yes It's true that ETH have high quality better technology and smart contract And ethereum is being used in many cases. But on the other hand BTC have high security this is  better then ETH. BTC is the originator of cryptocurrency. People have learned to understand cryptocurrency because of Bitcoin. So in the case of any coin, it is not possible to leave Bitcoin behind.
member
Activity: 889
Merit: 60
October 14, 2021, 08:07:49 AM
#18
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
No.

Look to the supply of both cryptos. Bitcoin has a lesser supply and it also has a lot of lost bitcoins forever so that adds up to the market cap and it will remain there forever.

I am pretty sure that OP was talking about marketcap, not price per coin. At least if he/she understands how valuation works.

Ethereum has a lot of supply and that's why it's going to change into a PoS. I don't see any catch up from Eth's price to btc's.

What are you even talking about? Supply or inflation wasn't a reason for movin from POW to Proof Of Stake. In fact that has zero to do with it even if ETH tokenomics have changed in 2.0 too. Changing to PoS was more for ideological / enviromental reasons.
full member
Activity: 602
Merit: 105
October 13, 2021, 06:09:20 PM
#17
Bitcoin also have great technology with many developers support around it. Theres another Layer of Bitcoin that support fast transaction (Lightning Network), and another Layer 2 to support smart contract deployment. Meanwhile Ethereum still lagged because its High Gas Fee issue.
legendary
Activity: 3752
Merit: 1415
October 13, 2021, 04:54:27 PM
#16
In my opinion, both have an important role in the advancement of Blockchain. I think both deserve to be the main asset in our wallet. However, for now I don't think it's right to add those two coins to our wallet.

It's always a good time to add bitcoin to your portfolio.  There isn't one time someone bought where they wish they haven't.  Do you think the people who bought the top at $1k in 2013 are upset they didn't wait until it went down to $300?  Same thing here everytime is a good time to add!
sr. member
Activity: 2016
Merit: 283
October 13, 2021, 05:40:40 AM
#15
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
actually yes it can reach the price of bitcoin in the future, but for sure if that time happens bitcoin is  ahead and maybe the price is approximately above 100k.. Because bitcoin growth rate is more faster than ethereum reason why it's now at that stage, and i believe if there's a chance in ethereum to surpass bitcoin price maybe it already happened before but seems impossible in my personal opinion..
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
October 12, 2021, 09:38:25 PM
#14
Ethereum cannot be considered perfect yet. In 2017, the rise of the online game CryptoKitties resulted in a severe congestion of the Ether network, causing a sharp drop in transaction speeds and forcing game developers to increase fees. And the current solutions still do not meet the needs of everyone.

Scalability is one of the biggest problems of the Ethereum network today. The network is running using a proof-of-work protocol, similar to Bitcoin. However, Ethereum is undergoing an ambitious upgrade called Ethereum 2.0. Pessimists say cryptocurrencies are in a new bubble, just waiting to burst. Optimists, however, believe that things are different this time around, as cryptocurrencies are attracting growing interest from institutional investors.
legendary
Activity: 2506
Merit: 1394
October 12, 2021, 06:56:53 PM
#13
Ok, I think OP needs to observe and monitor the flippening index: https://www.blockchaincenter.net/flippening/

To be honest, I don't think so this will happen even in the future, even with how beautiful and useful other cryptos are these days, Bitcoin will be always the number 1 for me.
If you take a look on the site I sent, only transaction counts and transaction fees (negative) are only flipped by Ethereum.
hero member
Activity: 1106
Merit: 527
October 12, 2021, 05:26:58 PM
#12
It has been discussed so many times here comparing the two leading cryptocurrencies and both of them which is good.
You are just like comparing these two fruits, orange, and apple which both are good.

For me, bitcoin is still the best technology and no one will change the code, it was created for the purpose of having financial freedom and is now worth it because we know everyone successfully achieving it. We cant compare them because they had pros and cons when it comes to the technologies used.
hero member
Activity: 3010
Merit: 794
October 12, 2021, 05:15:07 PM
#11
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin

We have lots of threads in regarding to this and some links too.

https://bitcointalk.org/index.php?topic=4488922.380
https://bitcointalk.org/index.php?topic=5311389.20
https://bitcointalksearch.org/topic/btc-vs-ethereum-5281800
https://bitcointalk.org/index.php?topic=2214251.740
https://www.simplilearn.com/tutorials/blockchain-tutorial/ethereum-vs-bitcoin
https://www.investopedia.com/articles/investing/031416/bitcoin-vs-ethereum-driven-different-purposes.asp

Honestly speaking deep inside on which i cant really deny on how great smart contract is but still Bitcoin is still mainly supported
by the community.It is just enough when it comes to real use case.  Cool
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
October 12, 2021, 05:12:09 PM
#10
Comparing a native coin like bitcoin that has different tech with ethereum was a non-sense thing. If you're looking for the perfect smartcontract platform and why didn't you go for binance or even polygon? Ethereum was so bad right now and it's the most expensive smartcontract chain. Bitcoin was not focusing on the smartcontract as it was a store of value. I think that you need to think again about that. Both were working differently. You're comparing apply and strawberry.
About the price if ethereum may follow or catch up bitcoin but it takes a long time. The inflation that happened in ethereum was so big compared with bitcoin. Once bitcoin reached its maximum supply and how can you think if ethereum can surpass bitcoin with its unlimited supply that's still being produced by the miners and then dumped it to the market. You must think it wisely.
member
Activity: 252
Merit: 11
October 12, 2021, 04:44:15 PM
#9
In my opinion, both have an important role in the advancement of Blockchain. I think both deserve to be the main asset in our wallet. However, for now I don't think it's right to add those two coins to our wallet.
hero member
Activity: 2884
Merit: 579
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October 12, 2021, 04:10:16 PM
#8
Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
No.

Look to the supply of both cryptos. Bitcoin has a lesser supply and it also has a lot of lost bitcoins forever so that adds up to the market cap and it will remain there forever.

Ethereum has a lot of supply and that's why it's going to change into a PoS. I don't see any catch up from Eth's price to btc's.
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