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Topic: Ethereum is not a rival of Bitcoin (Read 1745 times)

sr. member
Activity: 924
Merit: 365
December 24, 2021, 01:33:18 AM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?
Ethereum and bitcoin are the two major coins that are well known by people in the crypto space. Comparing the two seem irrelevant since both are delivering their purpose of creation. Bitcoin and ethereum have their efficacy in the crypto space. Is through bitcoin other altcoin is mined while ethereum s widely used in transacting altcoin to another. The more each one is being demanded the more its value is appreciated. Bitcoin will keep on to be the most valuable coin ever in crypto space
sr. member
Activity: 938
Merit: 250
December 24, 2021, 12:37:13 AM
i dont know why people still compare between one and the other coin, we know if each coin have positive thing. trader and investor never make argument about why this coin like this, or those coin like that, the important thing is where they can gain much profit.
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?
@op, I understand that it's been like months since this post was made, but I believe it's still relevant to ask if there was anyone comparing Ethereum to bitcoin which prompted you to make this post?
What I want to say is that, aside bitcoin and Ethereum being both crypto coins, they both have no path with each and shouldn't be compared, Infact, it is a big mistake to compare Ethereum to bitcoin, they don't belong to the same realm in crypto, compare Ethereum to binance smart chain, compare it to Solana, compare it to fusion protocol, compare it to polygon, compare it to avalanche, but never compare Ethereum to bitcoin because they are both in different world of crypto currencies.

You are right, But I wanna add something. Not only Ethereum, I can't see any single coin which one is comparable to Bitcoin. We can't compare any altcoin to Bitcoin. Bitcoin is a unique coin, And its value does not depend on any other coin. Rather the price of the whole altcoin increases or decreases depending on the Bitcoin. Bitcoin should be given the status of a standalone coin, while the global economic backbone is crumbling at the death touch of the covid, the boom in the Bitcoin market has given the motivation to foodless, workless people to survive, It is just unbeatable.
funny thing, bitcoin is bitcoin, ethereum is altcoin, and also for the other coin is altcoin.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 23, 2021, 11:27:41 PM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?
what you say is correct, especially at this time ethereum is still in trouble with high costs and many are looking for alternatives to avoid those costs. it is clear that many are enjoying this moment like BNB with its binance which is sought after for its low price.

From the market capitalization it is clear that bitcoin had reached a peak of up to $1B even though it is now below it, but the closest to bitcoin is only ethereum and the difference is almost half and it may be difficult to match or even replace.

I think without you saying that, surely everyone knows that ethereum is not a rival to bitcoin. you can see all the differences on coinmarketcap. all coins are under bitcoin, from the difference in price and volume. and in popularity, bitcoin is still the target of investors as a future investment. although ethereum is getting better to date, ethereum is not a rival to bitcoin which has become the king of all coins.
I agree with you, that it has been said and indeed it is the reality that is happening today. bitcoin is still the backbone of crypto and is still highly sought after as a very attractive investment because of the advantages it has compared to other coins.

I think ethereum is still improving itself while the high costs are still attached to it, there is no other way if there are not many who are eyeing the position which at the moment is clearly very much and could happen with changes that continue to improve. Even so, ethereum obviously won't stand still.
jr. member
Activity: 382
Merit: 1
December 23, 2021, 11:22:14 PM
true, the movement of ethereum is still lagging behind the value of bitcoin even though these two flotfroms are very popular in the market, now btc is a decentralized coin including the number one coin in adopting the krypto market
            
full member
Activity: 1568
Merit: 100
COMBONetwork
December 23, 2021, 05:26:53 PM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?

it is difficult for ethereum to be first on the exchange because bitcoin is so strong that there is no way for ethereum to be able to compete with bitcoin. but in my opinion what ethereum has achieved so far is extraordinary because ethereum continues to increase its price in the market, and being right below bitcoin makes ethereum the best altcoin.
For sure there is no doubting Ethereum what they have achieved to date is truly extraordinary,
but indeed to be able to beat Bitcoin honestly is still difficult,
even so it does not rule out the possibility in the future it can happen
legendary
Activity: 3122
Merit: 1140
December 23, 2021, 04:58:15 PM
I actually think that it is entirely possible for ETH to flip bitcoin.

It's probably a matter of time as well given that most of the new money that is coming into the cryptospace is from ETH holders and not BTC - although we've seen a revival of BTC maxis such as Jack Dorsey.

ETH just encompassing a lot more ground compared to BTC, including smart contracts etc.
Cant deny that smart contracts is a big thing and does really have that big potential and come to think that all projects below bitcoin is trying out to be the best or lets say that they are really aiming for that
becoming rival of bitcoin which those top 2-10 would definitely be having that kind of aim and target which it wouldnt really be surprising that every project in the market do really
have that kind of target or goals and lets see on what would the future holds.
hero member
Activity: 1008
Merit: 531
December 23, 2021, 04:28:00 PM
I actually think that it is entirely possible for ETH to flip bitcoin.

It's probably a matter of time as well given that most of the new money that is coming into the cryptospace is from ETH holders and not BTC - although we've seen a revival of BTC maxis such as Jack Dorsey.

ETH just encompassing a lot more ground compared to BTC, including smart contracts etc.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
December 23, 2021, 02:56:15 PM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?
@op, I understand that it's been like months since this post was made, but I believe it's still relevant to ask if there was anyone comparing Ethereum to bitcoin which prompted you to make this post?
What I want to say is that, aside bitcoin and Ethereum being both crypto coins, they both have no path with each and shouldn't be compared, Infact, it is a big mistake to compare Ethereum to bitcoin, they don't belong to the same realm in crypto, compare Ethereum to binance smart chain, compare it to Solana, compare it to fusion protocol, compare it to polygon, compare it to avalanche, but never compare Ethereum to bitcoin because they are both in different world of crypto currencies.

You are right, But I wanna add something. Not only Ethereum, I can't see any single coin which one is comparable to Bitcoin. We can't compare any altcoin to Bitcoin. Bitcoin is a unique coin, And its value does not depend on any other coin. Rather the price of the whole altcoin increases or decreases depending on the Bitcoin. Bitcoin should be given the status of a standalone coin, while the global economic backbone is crumbling at the death touch of the covid, the boom in the Bitcoin market has given the motivation to foodless, workless people to survive, It is just unbeatable.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
December 23, 2021, 02:32:54 PM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?
@op, I understand that it's been like months since this post was made, but I believe it's still relevant to ask if there was anyone comparing Ethereum to bitcoin which prompted you to make this post?

What I want to say is that, aside bitcoin and Ethereum being both crypto coins, they both have no path with each and shouldn't be compared, Infact, it is a big mistake to compare Ethereum to bitcoin, they don't belong to the same realm in crypto, compare Ethereum to binance smart chain, compare it to Solana, compare it to fusion protocol, compare it to polygon, compare it to avalanche, but never compare Ethereum to bitcoin because they are both in different world of crypto currencies.
member
Activity: 569
Merit: 18
Goldeth.io
December 23, 2021, 02:20:27 PM
The comparison of the value of etherum and bitcoin is very far, the price of one BTC is $ 45,975 and one Etherum is $ 3,152 (15 August 2021, 16:53:00). Etherum is far behind BTC, although Etherum’s current popularity is great, unfortunately Etherum still can’t be the first in the market. what do you think?

I think without you saying that, surely everyone knows that ethereum is not a rival to bitcoin. you can see all the differences on coinmarketcap. all coins are under bitcoin, from the difference in price and volume. and in popularity, bitcoin is still the target of investors as a future investment. although ethereum is getting better to date, ethereum is not a rival to bitcoin which has become the king of all coins.
sr. member
Activity: 742
Merit: 250
December 13, 2021, 11:52:24 AM
Both are very good cryptocurrencies, they are preferred by many people and hold for a long time. ETH is becoming more and more popular and growing. Its blockchain system is so good, it also helps to create online marketplaces and smart contracts. However, I think BTC still has the upper hand, it is always at the top, the value of most other cryptocurrencies is influenced by the value of Bitcoin.
full member
Activity: 630
Merit: 100
cogwise.io
December 13, 2021, 11:32:17 AM
Ether (ETH) has become a more attractive investment asset than Bitcoin (BTC), and etherium is becoming popular with the increasing use of smart contracts and decentralized applications (dApps) and etherium being a big part of the NFT market. Although bitcoin's market capitalization is still larger and also seen as a safe haven asset I see the Ethereum coin as still seen as more attractive to be an investment option. However, to be able to rival the price of BTC in my opinion it takes a long time.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
December 13, 2021, 09:34:17 AM
You can't compare bitcoin to ethereum because they have different use case and the creator of those coins has a different reasons behind why they created those digital currency. In terms of value of course bitcoin is far from ethereum. The important is they are very useful in digital world despite of higher gas fees. Both bitcoin and ethereum is great coins and it will continue to increase it's value because of higher demand.
sr. member
Activity: 1484
Merit: 254
December 13, 2021, 09:13:38 AM
Totally ethereum and tokens based on ERC-20 of course the total marketcap has beaten bitcoin, even 1 ERC token, namely USDT has become the token with the largest transaction volume, ethereum even though gas costs are getting more expensive will always be a favorite because of the many giant projects that are actively using ERC.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
December 13, 2021, 08:00:55 AM
I think bitcoin is the history of cryptocurrency gold. Unlike other altcoins bitcoin cannot be compared. I think at any time bitcoin will continue to be ranked 1st. Ethreum's rivals are actually the ones who are at their current problems such as SOL or BNB. Both are projects that deal with blockchain networks, if ethreum does not immediately improve its network the position of ethereum will be threatened.

yes, what you say is very true. If you see that many crypto users and enthusiasts have migrated to other chains, such as Binance and Matic, this is also part of the threat to the Erc20 platform. but what makes me wonder is that ethereum is getting more and more threatened, so every year the price of ethereum always rises and even its movement exceeds that of binance

Something like so that everything is clear, you just have to do a test, when BTC rises in price all altcoins rise in price, and when BTC falls in price most fall to very low levels, this means that things for any altcoin In this case, ETH does not escape from this, it is simple, BTC is the only currency that has a life of its own, ETH may have many projects and a very large development network for projects, but people and the entire market is governed by the BTC behavior, and this is irreplaceable.
full member
Activity: 714
Merit: 100
December 07, 2021, 02:59:40 AM
I think bitcoin is the history of cryptocurrency gold. Unlike other altcoins bitcoin cannot be compared. I think at any time bitcoin will continue to be ranked 1st. Ethreum's rivals are actually the ones who are at their current problems such as SOL or BNB. Both are projects that deal with blockchain networks, if ethreum does not immediately improve its network the position of ethereum will be threatened.

yes, what you say is very true. If you see that many crypto users and enthusiasts have migrated to other chains, such as Binance and Matic, this is also part of the threat to the Erc20 platform. but what makes me wonder is that ethereum is getting more and more threatened, so every year the price of ethereum always rises and even its movement exceeds that of binance
full member
Activity: 714
Merit: 100
December 06, 2021, 12:03:58 PM
I don't think ETH needs to have the same price as BTC. While BTC is a store of value for many, ETH is very different. And its use is more universal. Websites, games, NFT and more.
Ethereum network being web 2.0 is having smart contacts on it which can make anything possible whereas bitcoin as you said is used just for storing a person's money and nothing else. I guess ethereum was never invented to compete with bitcoin, if bitcoin is the king of cryptocurrencies then ethereum is what bitcoin blockchain is missing and make the crypto world more robust. Cross chain transactions, smart tokens, wrapped tokens and many more being present on the ethereum chain make it superior to BTC but still it won't surpass the bitcoin price just because of the limited supply of bitcoin and ever increasing supply of ethers.

Yes, that's right, there are too many functions for the creation of bitcoin for the community. Apart from being a store of value, bitcoin can also make it easier for someone to make transactions, as well as ethereum and other potentially cryptocurrencies. I agree as you said that ethereum was never created to compete with bitcoin. this is very interesting i think
sr. member
Activity: 980
Merit: 252
December 02, 2021, 01:52:26 PM
Even if Ethereum surpasses Bitcoin in terms of capitalization, they can hardly be called rivals, because they are not competing products. As for the price, it is a temporary and variable factor.
hero member
Activity: 2156
Merit: 531
December 02, 2021, 01:13:29 PM
For now the price of ethereum and bitcoin is very far in value although for now both coins are at the top of all coins, but you have to see the popularity of ethreum increasing and for the next few years we will see the price of ethereum will approach bitcoin and this will not be impossible because every year many coins are always increasing.
every year many coins are always increasing because of the supply or is it a new coin ? ethereum usage is indeed increasing but the exorbitant costs have cost ethereum to lose several mega projects who switch to another chain ! bitcoin will remain a role model for all altcoins because their are alternative coin  Cheesy
jr. member
Activity: 394
Merit: 1
XEGGEX
December 02, 2021, 02:01:17 AM
bitcoin is the number 1 strongest cryptocurrency in the market, Bitcoin is like digital gold that will always dominate the crypto market, then the popularity of Ethereum is also still far behind compared to the popularity of Bitcoin, I say that the king of coins is btc , ethereu is the parent of altcoins, even though ethreum is side by side with bitcoins.
            
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