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Topic: Ethereum a threat to bitcoin - page 45. (Read 4910 times)

member
Activity: 322
Merit: 12
May 15, 2018, 06:00:27 AM
I think not for now but maybe in the near future since ETH has the edge like the ability to provide operating system for the next generation of a decentralized internet. ETH  in the past year had grown higher percentage which is around 4,000% than that of bitcoin which is only 600%. This data shows how ETH has been a fast growing altcoin in the crypto market.
full member
Activity: 532
Merit: 100
May 15, 2018, 05:28:26 AM
right i think so, ethereum is threat to bitcoin but not for this time because if i looking in the market have big differrent between market bitcoin with ethereum but in the future ethereum its can make really-really threat of bitcoins for digital invest, ethereum is one wich most popular altcoins
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 15, 2018, 05:18:18 AM
The OP needs to change his statement by a little bit. Rather than "Ethereum a threat to bitcoin", it should be "Ethereum was a threat to bitcoin". And it never will be "Ethereum is a threat to bitcoin". ETH was threatening to overtake Bitcoin until mid-2017, but it lost steam soon after that. Now it is the turn of the other altcoins.
I guess people are entitled to their opinion; it is just that when they give their reasons, it is just some reasons that will make you want to puke just like the one that the OP has given. NBA is a different world from the crypto world and even though we do not know what the future holds, I guess the OP should be more concerned on how Ethereum itself can be displaced by the likes of NEO and co, rather than coming up with some flimsy reasons why Ethereum will be displacing bitcoin as that is completely a baseless assumption.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
May 15, 2018, 03:27:16 AM
Ethereum is a threat to bitcoin? Yes it is. We all know that ethereum was created by a russian programmer on 2013, and it was launched on 2015. After 3 years it is next to bitcoin in terms of popularity and value.

Let me show you some NBA perspective on this, bitcoin is the king of cryptocurrency right? same as LeBron as the king of NBA. But here comes ethereum the prince of cryptocurrency just like Ben Simmons as the prince of the NBA. The prince will dethrone the king on the eastern conference finals same as ethereum that will dethrone bitcoin in the next couple of years. Wether we like it or not the king will reach its limit. Mark my word. Trust the ethereum process!

Firstly, Vitalik Buterin's parents emigrated to Canada when he was six years old, so calling him Russian-Canadian would be more accurate. And stating that "ethereum was created by a russian programmer" is totally misleading because Buterin first described Ethereum in a white paper in late 2013, 13 years later after moving to Canada. I'm not insisting that he is Canadian, no. I'm just saying that calling him "a Russian programmer" is misleading, especially considering that he attended a private school in Toronto and the University of Waterloo after that. I think that any form of nationalism is old-fashioned, if putting it mildly, and I'm glad that Vitalik Buterin himself, thinks the same:

Quote
I believe that we are fast entering a world where citizenship is nothing more than an arbitrary label

Source: https://www.ccn.com/vitalik-buterin-conducts-ama-re-ethereum/

Back on topic. No, Ethereum is not a threat to Bitcoin. It is the second best crypto and it will stay that way.

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
May 15, 2018, 03:25:49 AM
The OP needs to change his statement by a little bit. Rather than "Ethereum a threat to bitcoin", it should be "Ethereum was a threat to bitcoin". And it never will be "Ethereum is a threat to bitcoin". ETH was threatening to overtake Bitcoin until mid-2017, but it lost steam soon after that. Now it is the turn of the other altcoins.
member
Activity: 490
Merit: 11
May 15, 2018, 03:20:28 AM
I do not give what you say is true. Because the first and the last things will never be replaced if the new one is better than Bitcoin then that will happen. but just if.
newbie
Activity: 125
Merit: 0
May 15, 2018, 03:06:00 AM
Personally, I can not say that Ethereum is a threat to bitcoin because they have different purposes and uses. Although both are crypto, they work differently. But maybe because Bitcoin is still down and the price of EThereum is on the rise because a few weeks ago the growth of Ethereum was very fast and for threats could also happen because bitcoin is still fluctuating.

member
Activity: 462
Merit: 10
May 15, 2018, 02:48:36 AM
Ethereum is a threat to bitcoin? Yes it is. We all know that ethereum was created by a russian programmer on 2013, and it was launched on 2015. After 3 years it is next to bitcoin in terms of popularity and value.

Let me show you some NBA perspective on this, bitcoin is the king of cryptocurrency right? same as LeBron as the king of NBA. But here comes ethereum the prince of cryptocurrency just like Ben Simmons as the prince of the NBA. The prince will dethrone the king on the eastern conference finals same as ethereum that will dethrone bitcoin in the next couple of years. Wether we like it or not the king will reach its limit. Mark my word. Trust the ethereum process!

if bitcoin not developing anymore, the threats of bitcoin will be not only ETH but another good altcoins too.
Ethereum just the first coin below bitcoin. Ethereum has smart contract, which is the advance features that overcome bitcoin.
full member
Activity: 448
Merit: 101
May 15, 2018, 02:18:57 AM
Ethereum is no way near a threat to bitcoin they are bith coins/tokens with complety different purposes. So bitcoin wants to be an currency to pay for goods and services and ethereum is more like an platform
ETH is no doubt one of the best coin in the world of crypto currencies but when it comes to that of making a comparison of ETH with that of the bitcoin, then I don’t think so that there is any match in between both the coins as bitcoin is far ahead of ETH and that ETH cannot compete with bitcoin in any way. Bitcoin is and will always remain the backbone of the entire crypto world.
sr. member
Activity: 1022
Merit: 257
May 15, 2018, 12:48:02 AM
i dont see any threat of ethereum to bitcoin. they are different, even though they are both valuable but bitcoin is really something than ethereum. bitcoin is the main crypto, and ethereum is just an altcoin.
legendary
Activity: 1232
Merit: 1029
May 15, 2018, 12:24:31 AM
Bitcoin is the king of crypto currency and for me no altcoin can beat it but I won't deny that ETH is really a threat to btc although i'm confident because of their big gap in price. Too many years before eth can dethrone or maybe not, even once. No one knows.
Obviously no altcoin is going to be beating it and that edge is what bitcoin is going to keep having as long as nothing is changed in its protocol and it remains as established as it gets even the more. ETH is not a threat at all to bitcoin and even the OP could not even come up with anything tangible as every reason he gave was just whacked.

A lot of people just say what they feel like without really digging deep to see how it is not so easy for an inflationary protocol to surpass a deflationary protocol. Also, bitcoin is so established to the core that it would make it hard for any alt to just displace it that easily with the level of community support.
newbie
Activity: 146
Merit: 0
May 14, 2018, 11:54:47 PM
Yes, the current market Ethereum has a very big development prospect, so I think Ethereum is likely to surpass Bitcoin in the future, but the market value of Bitcoin is very high, and it is very high reputation, so I think It is very difficult to go beyond it, but still hope that Ethereum can surpass Bitcoin.
newbie
Activity: 84
Merit: 0
May 14, 2018, 11:30:19 PM
Nope Ethereum cannot overtake bitcoin even other altcoins maybe it takes too long for ethereum to at least stick to the price of bitcoin. I think if bitcoin did not exist probably other altcoins are also dont have existence.
member
Activity: 196
Merit: 10
May 14, 2018, 11:20:25 PM
Before Ethereum was present, there was Bitcoin. Bitcoin, since its inception in 2009, has been hailed as the most radical development in cryptocurrency. On March 2, 2017, and for the first time in history, the value of this digital asset rose above the price of gold.

Ethereum is not made to compete with Bitcoin. For the most part, Ethereum is a Blockchain-based decentralized platform for applications that run smart contracts, and is intended to solve problems related to censorship, fraud and third-party intrusions. Ethereum, also known as 'gas', entered as an essential element to operate a distributed application platform.
jr. member
Activity: 546
Merit: 1
May 14, 2018, 11:15:47 PM
i think all coin and token are compete to each other, so maybe thats true etherium was a threat for bitcoin, but its natural, all altcoin was threat to each other. Grin
full member
Activity: 413
Merit: 100
https://eloncity.io/
May 14, 2018, 11:13:28 PM
I really like Ethereum it is popular and has good capitalization, but bitcoin is the first and most famous among ordinary people) Ethereum should try very hard if he wants to be the first
full member
Activity: 182
Merit: 122
May 14, 2018, 11:12:10 PM
It is a strange analogy you have got there for the two top cryptocurrency at the present time.
They can co exist and have been for nearly two years now.
So what makes you think one will dethrone the other or even needs too the way your comparisons went like the eastern conference finals for the NBA. Cheesy
member
Activity: 163
Merit: 10
May 14, 2018, 11:10:33 PM
Ethereum is a threat to bitcoin? Yes it is. We all know that ethereum was created by a russian programmer on 2013, and it was launched on 2015. After 3 years it is next to bitcoin in terms of popularity and value.

Let me show you some NBA perspective on this, bitcoin is the king of cryptocurrency right? same as LeBron as the king of NBA. But here comes ethereum the prince of cryptocurrency just like Ben Simmons as the prince of the NBA. The prince will dethrone the king on the eastern conference finals same as ethereum that will dethrone bitcoin in the next couple of years. Wether we like it or not the king will reach its limit. Mark my word. Trust the ethereum process!
If you are using a term like NBA then I would disagree. Eventhough ethereum was next to bitcoin, from the word "next" we cant deny that its just a lower than bitcoin. Its just like an NBA, eventhough simmons become the prince of NBA, he cant defeat the King which is Lebron. He cant dethroned lebron as long as Lebron is still alive.
member
Activity: 252
Merit: 10
The Experience Layer of the Decentralized Internet
May 14, 2018, 11:08:26 PM
I still believe that bitcoin is the king of cryptocurrency markets.
Although ETH has achieved great success, I think ETH's bubble is very big, because the rise of ETH is due to the popularity of ICO market.
hero member
Activity: 3038
Merit: 634
May 14, 2018, 11:05:18 PM
There's no threat to bitcoin if there is then those are the people who keep on sharing their thoughts and bad ideas about bitcoin.

There's no other coin so far that I see that can be a competitor to bitcoin. All of them are the same and they are altcoins so distinguishing it from the original one, bitcoin is the best.

Lol STFU Ethfags
Don't be too harsh mate.
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