Topic: do ethereum compete with bitcoin? - page 11. (Read 1974 times)
I think that Bitcoin and Etherium are not competitors. Bitcoin remains the king of the crypto-currency and the way of storing the savings, but the Etherium is primarily a technology.
as if it is in the second place and nearer to the bitcoin then compare to other coins,
maybe in future it may beat bitcoin
It can compete with bitcoin but we cant deny the fact that ethereum cant beat bitcoin because we all know that bitcpin ia the king of all currency. Without bitcoin there will be no ethereum at all maybe in future it may beat bitcoin
As much as I believe in the potential of ethereum and it is a very good coin and it is fast rising, I know it is competing with bitcoin but I am sure it cannot beat bitcoin even with its advanced technology, bitcoin will continue to be the best and most valued coin in crypto.
I think bitcoin and ethereum do not deserve to be called competing because each has different functions and services. bitcoin if you want long-term invasulation, and ethereum for a shorter time. but bitcoin is still a symbol of cryptocurrency.
Ethereum is at this moment the only cryptocurrency that can compete with Bitcoin. It is a project of exceptional value, and its team is working very hard to improve it and develop it in the best way. I think that in the coming years it has the potential to reach and surpass even Bitcoin, becoming the new king of cryptocurrencies
Currently the market is opening for compete you have to expect any changes BTC changed price from 3k to 19k and now around 6.5k.
Competition as a blockchain - not. They have different directions. Bitcoin - for transactions. The Ethereum seeks to become a kind of super computer. As a cryptocurrency - most likely not, bitcoin is more popular, it is more preferable as a cryptocurrency asset, referring to its value and stability. But, ether has a huge potential.
What differs ethereum from bitcoin is the new technology behind it, Ethereum operates on a ledger technology which is a decentralized type of database.
Moreover, Ethereum has the potential to provide basic operating system for the next generation of decentralized internet and also has the potential to become a publicly used entity that easily makes contact between customers.
Moreover, Ethereum has the potential to provide basic operating system for the next generation of decentralized internet and also has the potential to become a publicly used entity that easily makes contact between customers.
it can beat bitcoin, bitcoin has market gone down,because buyers are buying less bitcoin, they are checking other bitcoins, which is good and highest price.
i think ethereum will never beat bitcoin,,
if you talk about others coins besides bitcoins maybe, ethereum is the right choice for now
and, in my opinion all cryptocurrencies can't beat bitcoin
im just new to crypto and still studying it. But for me, they are in different nature. One is for payment and other is for applications or smart contract.
Not quite so. ETH is better for payment. Lower fees (of course when manipulators from EOS don't try to attack network with overpriced transactions) and faster transactions.BTC is better when it comes to long-time hold and when you need to sell your crypto for fiat. Much more people are ready to buy it.
as if it is in the second place and nearer to the bitcoin then compare to other coins,
maybe in future it may beat bitcoin
maybe in future it may beat bitcoin
Ethereum is not competing with Bitcoin. Bitcoin is the foundation of all coins and to beat it, it will take many years.
To my best knowledge about Bitcoin, the Total supply and circulating supply of Bitcoin will be equal after mining everything in some years to come, then the price will rise unexpectedly because many holders will HOLD it tight. #My opinion
No, It is not competing. Its like different industry.different uses.
Competition only happens when both coins have similar services offeredto the public. In cases regarding bitcoin and ethereum they are both good coins in their own category or market. They are being compared because of the popularity of these two coins and the stability of it. Ethereum is rising and have it’s own growth separated to bitcoins blockchain. However bitcoin is also a well known coin that is hard to compete with it’s platform.
im just new to crypto and still studying it. But for me, they are in different nature. One is for payment and other is for applications or smart contract.
ETH already has bitten bitcoin in terms of adoption and use cases.
How do you use BTC? For trading, hodl and storing profit. The latter isn't so actual after last six months.
How do you use ETH? Trading. ICO investments. Payments.
It's fast. It haqs smart-contracts infrastructure. And it has real world usage.
BTC has a huge marketing advantage of beeing The First One. Question is - will ETH usability overcome it before ETH itself will be bitten by something newer and better? Or maybe Lighting Network will turn the table?
We'll see.
How do you use BTC? For trading, hodl and storing profit. The latter isn't so actual after last six months.
How do you use ETH? Trading. ICO investments. Payments.
It's fast. It haqs smart-contracts infrastructure. And it has real world usage.
BTC has a huge marketing advantage of beeing The First One. Question is - will ETH usability overcome it before ETH itself will be bitten by something newer and better? Or maybe Lighting Network will turn the table?
We'll see.
as if it is in the second place and nearer to the bitcoin then compare to other coins,
maybe in future it may beat bitcoin
maybe in future it may beat bitcoin
I think that yes and not only Ethereum. A lot of projects that appear introduce all new technologies and try to create worthy competition for Bitcoin. But the main advantage of Bitcoin is that it is time-tested, which you can not say about all other coins.
Came here to say this. We all know that bitcoin is the number one coin in the market in terms of price and value but there are some fast rising coins with revolutionary technology, ethereum included, which are gearing up to start competing with bitcoin for the top spot in the market. With bitcoin not growing much since its inception, it won't be long until another coin takes over.`
In terms of technology and proper use of the block chain, ethereum has much higher value. But due to the years of domination of bitcoin and funding bitcoin already has, ethereum is no where near bitcoin. Ethereum competes only in tech and not in prices.
as if it is in the second place and nearer to the bitcoin then compare to other coins,
maybe in future it may beat bitcoin
maybe in future it may beat bitcoin
I think that yes and not only Ethereum. A lot of projects that appear introduce all new technologies and try to create worthy competition for Bitcoin. But the main advantage of Bitcoin is that it is time-tested, which you can not say about all other coins.
But why do you think it won't beat BTC? ETH gave so many people and companies the product they needed - the solution for easy and convenient crowdfunding. And now I see that even simple people in the community really pay each other for different services in ETH more often (check Services board for example, so many coders, designers, etc accept ETH as a payment).
This has been discussed many times before, it's not only ETH that is being asked if it will be able to beat bitcoin. I've said that ETH is also prone to these "companies/products" that are also scamming people so do you think people won't learn from those incidents of being scammed? They are paying developers to create tokens through ETH(ERC20) because it's easier to create and use it even you don't have a legit road map, plan and execution and the only thing on your mind is to make money, you can use it easily.
I don't think it will beat Bitcoin. Bitcoin is the first cryptocurrency that arrived in the market and still ranks first among all other cryptocurrency. Ethereum is also a promising coin in the market, but it won't be able to beat Bitcoin.
as if it is in the second place and nearer to the bitcoin then compare to other coins,
The progress of Ethereum has been quick because of the emerging of its smart contract and ERC20 token.That made it to increase its use and market cap so it reached to the top and became the number 2 coin in the cryptoverse.
maybe in future it may beat bitcoin
No it won't.But why do you think it won't beat BTC? ETH gave so many people and companies the product they needed - the solution for easy and convenient crowdfunding. And now I see that even simple people in the community really pay each other for different services in ETH more often (check Services board for example, so many coders, designers, etc accept ETH as a payment).
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