Ethereum is not a rival of Bitcoin - page 3.

swogerino

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Quote from: hidingyou on September 01, 2021, 07:27:26 PM

Its hard to compare the two because their prices are distant with each other. BTC will always be number one because of its large popularity.

Bitcoin will always remain the king of cryptocurrencies as it all started from it.Ethereum is the greatest addition of all the other cryptos and I think it will remain the same.Also Ethereum right now is the most mined coin from GPU miners so it has a lot of popularity right now,Bitcoin and Ethereum looks like they serve a different purpose and the biggest difference is we know the creator of Ethereum but we don't know the real creator of Bitcoin.

zulfi125

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Ethereum will never rival Bitcoin because both have different purposes, Bitcoin can't compare with any altcoins because Bitcoin is always prime from other cryptocurrencies so Ethereum is workable but can't compare with Bitcoin.

grabpopcorn536

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Each crypto is solving a different problem in the crypto space and economics.
Bitcoin is a decentralized global payment currency. Ethereum is the world's largest smart contract platform.
You're comparing capitalization, that's just a subjective comparison.

Argoo

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Quote from: sammy21 on September 01, 2021, 08:02:57 AM

ETH and BTC are not coins that can be compared, they are clearly different from each other and they also have their own goals, both ETH and BTC are good coins for investment because they are the king and queen of all crypto assets.

Bitcoin and Ethereum can be compared in terms of capitalization and price dominance. In this regard, you can see that the position of ethereum is gradually improving. Bitcoin's dominance rate has recently dropped to 42 percent, while ethereum's dominance has risen to 20 percent. The Ethereum network continues to update and this is yielding definite results. However, the ethereum coin is still far from Bitcoin. So far, bitcoin is the undisputed leader of the cryptocurrency.

Billo_

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Of course Ethereum is competitor of Bitcoin. Ethereum is currently crypto currency number 2 and Bitcoin is first place.
When Ethereum challenges Bitcoin and Ethereum wins, it is called Flippening.

bayudndy

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Basically, we will see that as self-evident, but there will also be different views on these two leading coins. I see bitcoin gradually becoming an asset to store, and for ETH, it is seen as a technological solution in this field despite many limitations but what it has built and brought to the market we must admit that its position is very large. Overall, many people find these changes to be good. As markets become regulated, they become more secure for everyday users, and Ethereum, with the wide range of decentralized applications it supports and the applications it enables, can become normal.

hidingyou

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Its hard to compare the two because their prices are distant with each other. BTC will always be number one because of its large popularity.

darahjuang

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Quote from: wajik-tempe on August 27, 2021, 10:55:51 PM

Quote from: darahjuang on August 27, 2021, 12:41:03 AM

It is not a Bitcoin rival. It is difficult for any coin to compete with Bitcoin. Ethereum is indeed the best coin but cannot compete with Bitcoin from many factors it is still far behind. Ethereum matches and deserves to compete with the Binance coin in terms of price, network and other features it has.

In terms of usefullness ethereum is much more useful than bitcoin, bitcoin marketcap is really high because mostly major investors are holding their assets into bitcoin and bitcoin is purely an investing coin, there are just few people doing transaction with bitcoin because other coin's fee is cheaper and the transaction speed it faster just like ETH if we compare it bitcoin.
But bitcoin name is already big, that's why people are saving their assets into bitcoin and make the marketcap of bitcoin is the highest right now

Isn't it because Bitcoin is expensive and not because Bitcoin is one of those rare coins?
Recently too many people have complained about Ethereum. One of them is complaints regarding expensive transaction fees and other complaints so that many projects are now using Binace Smart Chain so far.

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Quote from: rozak on September 01, 2021, 07:48:10 AM

both work and have their own role in the development of the crypto market.
not everyone is capable and friendly with the bitcoin market. the best alternatives are altcoins like ethereum.
but thinking of the two of them as rivals is indeed very far away. I would probably prefer to pair Cardano, Polkadot, and Binance as rivals to ethereum.

Bitcoin is way ahead of those alts and with high popularity of Bitcoin there's no rivalry but another alternative which trying to succeed from this industry. And with those named alts you mentioned that's better competitions in terms of ETH, they more likely to share trying to be the next successful alts inside this market.

Quote from: sammy21 on September 01, 2021, 08:02:57 AM

ETH and BTC are not coins that can be compared, they are clearly different from each other and they also have their own goals, both ETH and BTC are good coins for investment because they are the king and queen of all crypto assets.

Good coins for long-term investment, solid project that keeps on gaining appreciations of the market.

If you like to have passive investment, these two coins have that capabilities. Make sure you to have that nerve to keep your asset on hold while the market continue to move.

sammy21

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ETH and BTC are not coins that can be compared, they are clearly different from each other and they also have their own goals, both ETH and BTC are good coins for investment because they are the king and queen of all crypto assets.

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Quote from: abralzain17 on September 01, 2021, 07:42:55 AM

Quote from: jabalghafur on August 15, 2021, 11:55:08 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?

both are both digital currencies but have different capabilities or uses in my opinion. Many altcoins have more popularity than Bitcoin like Ethereum, but it is unlikely that the price of ethereum will exceed the price of Bitcoin. I noticed that there seems to be no digital currency that has a price higher than the price of Bitcoin.

both work and have their own role in the development of the crypto market.
not everyone is capable and friendly with the bitcoin market. the best alternatives are altcoins like ethereum.
but thinking of the two of them as rivals is indeed very far away. I would probably prefer to pair Cardano, Polkadot, and Binance as rivals to ethereum.

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Quote from: jabalghafur on August 15, 2021, 11:55:08 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?

both are both digital currencies but have different capabilities or uses in my opinion. Many altcoins have more popularity than Bitcoin like Ethereum, but it is unlikely that the price of ethereum will exceed the price of Bitcoin. I noticed that there seems to be no digital currency that has a price higher than the price of Bitcoin.

domoy77

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We can't compare a coin with value and amount, if we compare bitcoin with ethereum there is a huge difference because bitcoin is the mother of all altcoins while ethereum remains the top atlcoin despite many recent improvements.

The improvements that have occurred on Ethereum are purely for the good of Ethereum and for all Ethereum users, so it is still very natural and feasible for Ethereum to become another altcoin leader in the crypto space, because it would be useless if a leader did not upgrade himself.

wack slacker

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Two different cryptocurrencies and different levels of adoption.
We often use capitalization to compare but that is not very true. And one thing is for sure, Bitcoin dominates most of the market.
Ethereum allows the implementation of smart contracts in addition to being a payment unit. There are hundreds of active DAPPs on ETH. That shows that the role of ETH is very important in running its DAPPs ecosystem. That is the key to all the problems around Ethereum.
Bitcoin is a global payment unit like ETH but it is the first and only blockchain to achieve the highest decentralization today. Big companies have all invested in Bitcoin instead of ETH.

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In the event that you want to utilize the value, you won't get the real worth you are searching for in light of the fact that Ethereum and Bitcoin don't have similar costs assuming even they have a similar market cap. Ethereum likewise is exceptionally inventive hence the explanation a ton of financial backers are as yet Investing intensely and project designers are as yet dispatching their undertakings on, in all not disapproving of the great gas expense.

Lordshiva

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Both ethereum and bitcoin are completely different coins and we dont even need to compare them with each other.
They are not rivals, both coins have their own importance and are the top 2 coins in the cryptocurrency world right now.

Brus123

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Quote from: jabalghafur on August 15, 2021, 11:55:08 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?

I think that in order not to regret then, we shouldn't make a choice in favour of any of them. I know that Ethereum is much more developed and it doesn't get stuck, but it is still only number two. Maybe it needs more time as it is just younger than Bitcoin. But in my point of view, the thing is that people still trust Bitcoin more than any other currencies. Some people are just not aware of any altcoins and consider them to be very dangerous. Personally I prefer Ethereum as it offers a wide range of different financial tools, but I invest in BTC too.

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Quote from: wajik-tempe on August 27, 2021, 10:55:51 PM

Quote from: darahjuang on August 27, 2021, 12:41:03 AM

It is not a Bitcoin rival. It is difficult for any coin to compete with Bitcoin. Ethereum is indeed the best coin but cannot compete with Bitcoin from many factors it is still far behind. Ethereum matches and deserves to compete with the Binance coin in terms of price, network and other features it has.

In terms of usefullness ethereum is much more useful than bitcoin, bitcoin marketcap is really high because mostly major investors are holding their assets into bitcoin and bitcoin is purely an investing coin, there are just few people doing transaction with bitcoin because other coin's fee is cheaper and the transaction speed it faster just like ETH if we compare it bitcoin.
But bitcoin name is already big, that's why people are saving their assets into bitcoin and make the marketcap of bitcoin is the highest right now

Bitcoin becomes less useful for transactions the more its price increase. Thinking it like gold and all the hassle to transport it and Bitcoin now is almost the same. People now hoarding Bitcoin instead of using it for payment which what most cryptocurrencies aim for. This is what makes Ethereum stand out more than Bitcoin in my thinking, its usefulness in a daily day, in a booming market with a lot of transactions ongoing. Ethereum doesn't to become a rival of Bitcoin and that's actually a good thing.

wajik-tempe

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Quote from: darahjuang on August 27, 2021, 12:41:03 AM

It is not a Bitcoin rival. It is difficult for any coin to compete with Bitcoin. Ethereum is indeed the best coin but cannot compete with Bitcoin from many factors it is still far behind. Ethereum matches and deserves to compete with the Binance coin in terms of price, network and other features it has.

In terms of usefullness ethereum is much more useful than bitcoin, bitcoin marketcap is really high because mostly major investors are holding their assets into bitcoin and bitcoin is purely an investing coin, there are just few people doing transaction with bitcoin because other coin's fee is cheaper and the transaction speed it faster just like ETH if we compare it bitcoin.
But bitcoin name is already big, that's why people are saving their assets into bitcoin and make the marketcap of bitcoin is the highest right now

darahjuang

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It is not a Bitcoin rival. It is difficult for any coin to compete with Bitcoin. Ethereum is indeed the best coin but cannot compete with Bitcoin from many factors it is still far behind. Ethereum matches and deserves to compete with the Binance coin in terms of price, network and other features it has.

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