do ethereum compete with bitcoin? - page 12.

mjvilla

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Quote from: enhu on July 05, 2018, 07:10:17 AM

Quote from: bitfocus on July 05, 2018, 06:35:24 AM

just keep in mind that ETH is centralized and - you will get your answers yourself.

That fud has long been forgotten actually. It worked back when the price of ETH was less than $20, it dip back to $7 when a lot of guys fud about it being centralized. I guess those who fud had already enough ETH to cover their mouth. Maybe its you have had spent all you got and you are left with no ETH anymore. ERC tokens are building the internet already, more than half of the tokens are using ETH chain, you might just have to join and invest even just few so you won't be left behind again.

As for now bitcoin was still at the highest peak among other coins and ethereum got its second place. I know soon ethereum will also have its place just like bitcoin. Sothere are lots of chances that ethereum can beat bitcoin.

felipe04

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No compete both are good in crypto for me this two are no-stop to run here

Use this for investment because of the chance that you can earn is high

Look at the worth of different things do look at the worth of eth and btc

blue_hurricanger

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The only thing that keep ETH alive is thanks to ICO. Without ICO, I don't think ETH could be like today. Thought, ICO's reputation is keep getting worst because of many scam and crap ICO.
So I don't think ETH will fare any better in future unless finding a way fix or control ICO scam.

ichi ocha

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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

I do not think because I see the price of ethereum contradict each other then from now on with the price of Ethereum declining bitcoin prices will go up and get recovered because a few months ago the price of bitcoin has decreased drastically and hopefully it returns good and back to good luck

gela888gela

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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

I think bitcoin and ethereum are not in a competitive situation. Ethereum may be beyond bitcoin but not in a short time and not as easy as imagined. Everything needs to be processed and depends heavily on the number of requests. Bitcoin is a crypto king who certainly has power because of his great community, it will be difficult to shift his position.

batang_bitcoin

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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.

Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

maybe in future it may beat bitcoin

No it won't.

Supremacy2

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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

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

sufiasyl

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Its true bitcoin is far ahead from ethereum but bitcoin's near competitor is ethereum. Ethereum belongs in the 2nd position of the market and bitcoin is no1 position. That’s why I suggest you invest on bitcoin if you can’t invest on bitcoin then choose ethereum.

cryptodreem

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At first there was just one coin called bitcoin but now there are more than 1500 hundred coins in this market of crypto currency and so the market has become very much competitive now a day. Bitcoins is in the first and Ethereum is in the second so there is competition between these two always. I believe that bitcoin will always be first.

maulana rifai

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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

all possibilities may occur in the future because in cryptocurrencies all altcoin compete with the smart always give the best in technology, so that is able to attract as many consumers as possible will be the ruler in cryptocurrencies. service, price stability, popular is very important to be number one.

jahidck

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If we take in consideration what which coin is the best, undoubtedly, it is bitcoin. This is the first coin which entered the market. But at the same time ETH has grown a lot and is able to give a head on competition to BTC and simultaneously to 1500 coins as well. But BTC is the best one so far.

Best Coin8

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If you look at the moment, and the crypto market is still very unstable, I think before the end of the year, the Ethereum should cost at least $ 2000.

askmecrypto

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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

First thing first, Bitcoin and Ethereum are not comparable,
Bitcoin is a digital currency, Ethereum is providing peer-to-peer contract and dApps building.

Talking about the market capital or price, again, there is no competition at the moment, Bitcoin is dominating market with 42%+ dominance.. However Ethereum is at around 17% which is not even half the market capital of Bitcoin.

aces777

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Ethereum so far has a good track record when it comes to keeping in pace with bitcoin because the price of ethereum goes up accordingly when the price of bitcoin goes up. Although I still do not believe that ethereum is at that level where it can compete with bitcoin. The time will come when ethereum will do well enough to compete with bitcoin but that time is not now.

ayiaye

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yes it may be that ethereum can compete with bitcoin, but etherum will be under bitcoin. because Ethereum is a public peer-to-peer network or blockchain with its own digital currency called Ether and blockchain Ethereum is designed to store various types of data. while Bitcoin is intended to keep a list of balances and transactions in its blockchain.
although ethereum has a lot of interest now, but bitcoin will remain number one, because we know bitcoin is the king of all coins and the price of all coins always follows the bitcoin price, it indicates that bitcoin is far above other altcoins.

Eloson

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Bitcoin and Ethereum are different versions using the blockchain technology, and are set to establish themselves, driven by different intentions.Ethereum is an advancement based on the principle of blockchain that supports bitcoin but with a purpose that does not compete with Bitcoin.ETH can compete with other coin and stay ahead but it's far behind Bitcoin.

Ararbermas

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Quote from: seijuro on July 05, 2018, 08:18:44 AM

No because ethereum rely only on bitcoin. We all know that bitcoin is much higher value than ethereum and we all know that when bitcoin value gets down all cryptocurrency and ethereum will go down also because some cryto are rely on bitcoin.

Seriously ethereum relying on bitcoin and other alts? I think that's not mate true mate , cause as far as I know all coins in the market has a different sources and for sure different time of progress, maybe it's just a coincidence because of the market conditions. Correct me if I'm wrong..

amacar2

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Ethereum and Bitcoin never had competition because Ethereum is smart contract platform while bitcoin is solely for payments.
Ethereum will be famous among different companies that want to launch their ICOs and services while bitcoin will be considered as profitable invest-able asset.

Both can grow parallely without competing with each other.

Beabtc11

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Quote from: maxy1999 on July 05, 2018, 05:47:58 AM

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

I think Ethereum does not compete to bitcoin. Ethereum is an advancement based on the principle of blockchain that supports bitcoin but with a purpose that does not compete with Bitcoin. Currently, the market cap of Ethereum is more than Ripple and Litecoin, although it's far behind Bitcoin. Bitcoin and Ethereum differ in purpose. While Bitcoin is created as an alternative to regular money and is thus a medium of payment transaction and store of value, Ethereum is developed as a platform which facilitates peer-to-peer contracts and applications via its own currency vehicle.

cryptothreads

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Quote from: kier010 on July 05, 2018, 08:41:07 AM

altcoins from the beginning are created to cover up the flaws of bitcoin as well as to compete with it. years have pass but bitcoin is still strong and did not get beaten even once. eth can't surpass bitcoin it will remain behind it.

Of course Bitcoin is the king of this market and no altcoin can compare to Bitcoin in the future as well as the present. I think if the Bitcoin price increases then the whole market will increase and vice versa but this will cause instability as the downtrend continues as the Bitcoin prices are depreciating and people are in a panic. If there is no intervention from the speculative funds, this market may return to zero

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