Ethereum is not a rival of Bitcoin - page 6.

Woodie

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Ethereum is not a rival of Bitcoin

No it's not and it will never be, why because bitcoin isn't an altcoin nor is this a competition.

For arguments sake if we compared the two,these are in different worlds...it's like comparing apples to oranges, ethereum is a coin with smart contract compatibility which is something coins like bsc and trx have and best fit as rivals and not bitcoin.

Btw why do we want to treat these coins as rivals, for the crypto ecosystem to thrive it they need each other don't separate them.

iTradeChips

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Well, if you are going to check the stats between both coins, you would see there is a big difference between the two, and that Bitcoin is still dominating in all aspects. Popularity-wise Bitcoin is also reigning supreme on that arena even though Ethereum is also well talked about in many cryptocurrency circles. Both coins has their different purposes and both are unique in their own right. So I would say that Ethereum is not a rival rather than another coin that people can use to earn more money.

nemey

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they are different types of coins and cannot be compared, Bitcoin offers a peer-to-peer electronic money system for Bitcoin payments or transfers. While Ethereum focuses its blockchain on running decentralized programs, including Ether payments or transfers.
So it's up to you which one you want to invest in.

Dread Pirate Roberts

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Quote from: jabalghafur on August 15, 2021, 12:55:08 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?

Because it is not a coin that is competitive with each other. instead are ETH dependent on BTC. and all altcoins basically depend on the price of BTC. altcoin prices will always depend on BTC and that's for sure. the high price of a coin is not a benchmark that the coin is better than others. if you look at the market there are also coins that are higher than BTC but it doesn't mean they are greater.

simpelplan

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bro, You don't use the price as a basis for comparison you'll look at market cap and the supply, Bitcoin has limited supply compared to Ethereum, they are rivals of course the first spot is always threaten by the one sitting in the second spot and the second spot always threaten to take over the first spot, for me, they are not rival at all, they compliment each other in some way and their success is the success of the technology.

pienetwork

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without bitcoin there is no Ethereum, I think there really is no need for competition between the two, everything is equally good it's just that it still has drawbacks, especially in ETH and BTC about transaction fees which are a little expensive

mumang siat

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Quote from: jabalghafur on August 15, 2021, 12:55:08 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 will continue like that forever, Ethereum and Bitcoin are the best options at the moment, both have their respective roles in running the system, but there is no possibility for ethereum to overtake bitcoin in the next 3 years.

But even so, people's response to ethereum is much better than bitcoin, because ethereum is an investment that can be reached by many people, while bitcoin only some people can do it.

That's why ethereum more people respond than bitcoin, while bitcoin is only talked about by people who have above average finances. this greatly affects the value to the public today.

0xkii

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Quote from: jabalghafur on August 15, 2021, 12:55:08 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 impossible for ethereum to be the first digital currency and can compete with bitcoin in the market even though etherum's popularity exceeds bitcoin!
"Both have similarities as digital currency", and also have a very big difference, namely in their use as digital currency. have not seen from the price and value of the two which are very much different.

ya well, i'd say ETH is > BTC since 90% of good stuff ( defi etc.. ) are on ETH chain ..
Bitcoin is high mainly because it is the first cryptocurrency Huh

luca prieto

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Compared with BTC, ETH has a lot of room for upside value.
and we will make more profit from ETH.it's worth to wait.

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Quote from: RokokGudangGaram on August 19, 2021, 01:35:11 AM

Why people keep comparing these two great coin? In terms of price? I don't think so, these two coins have their own uses the Ethereum can make smart contracts and dApps and of course DeFi while Bitcoin can be used as an alternative payment in terms and the first cryptocurrency ever created. In terms of use the Ethereum has more use rather than just a mode of payment.

I don't even know about that, it's not necessary to always compare prices, it's not all just because of the price, we know that it's different and Bitcoin has come a long way when it comes to its price. What is important is that they both have their role and purpose here in the world of crypto. They each have something that they are superior to each other. But as far as I know, DeFi is only used by the Smart Chain network.

aylabadia05

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Price is not the main thing to make comparisons. There are still many advantages and disadvantages that Ethereum has that need to be seen and studied, so the issue of price is one of the considerations.
For me BTC is almost perfect in crypto, therefore I just want to say that Ethereum is indeed difficult to compete with BTC. Now I see the ongoing competition in the market between ETH and BNB regarding the popularity of each of these coins.

RokokGudangGaram

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Why people keep comparing these two great coin? In terms of price? I don't think so, these two coins have their own uses the Ethereum can make smart contracts and dApps and of course DeFi while Bitcoin can be used as an alternative payment in terms and the first cryptocurrency ever created. In terms of use the Ethereum has more use rather than just a mode of payment.

kak uli

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Quote from: jabalghafur on August 15, 2021, 12:55:08 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?

Both are good digital currencies and have potential for storing value. But the two have vast differences, both in terms of usability, value and purpose. in terms of market demand bitcoin is far superior to ethereum, not to mention the price that no altcoin can compete with btc. that's why I don't think bitcoin is a competitor to ethereum.

andeluna

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Quote from: jabalghafur on August 15, 2021, 12:55:08 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?

Ethereum can never be the first in the market because of its unlimited inflation compare to the bitcoin that has limited market cap of 21million supply but the best thing that ethereum can do is ETH has a good chance of surpassing the $660 billion market capitalization of bitcoin. For now ethereum can never be on top when it comes to value in the market but it has a potential to be most usable crypto currency in the world.

marine4u

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If technical comparison, ETH is very good and promising but they do not have the only independent characteristics of “anonymizing” the founder. It's very difficult to make an impact. The capitalization of bitcoin is accounting for 55% - 60% of the total market capitalization, even though ETH has a 2.0 upgrade, it completely does not change the characteristic view of the market.

avarnet

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From the results of my personal analysis, after I studied the charts from year to year, there have been no signs that etherium will step past the selling price of more than the price of BTC, so it's likely that it's a bit heavy for Etherium to get past BTC, AND Etherium isn't losing either. there are still many who like it to invest in ETH maybe because the price is affordable by small investors so there are so many

Cling18

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Bitcoin as well as the other top coins aren't rivals or competitors. They have different roles and functions that's why they're on top. I don't think there's a competition between Bitcoin and Ethereum since Bitcoin has a huge advantage over it. Ethereum has passed lots of tests of time but it isn't competing with the king of all cryptocurrencies.

nurilham

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Quote from: Handsome Boy on August 18, 2021, 07:47:58 PM

Ethereum will never be ranked 1 on coinmarketcap and replace Bitcoin, because Bitcoin will remain in its position (rank 1 on coinmarketcap)

We don't know this, bro. Who can guarantee it? No one knows the future. I think it is possible although the opportunity will be very small. We must be aware that crypto space can develop significantly, current top coins can be replaced by other coins in the future. Although Bitcoin is the first crypto coin, it doesn't mean that Bitcoin will be the number 1 coin in CMC forever.

Handsome Boy

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Quote from: jabalghafur on August 15, 2021, 12:55:08 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?

Ethereum will never be ranked 1 on coinmarketcap and replace Bitcoin, because Bitcoin will remain in its position (rank 1 on coinmarketcap) and of course Bitcoin is not a rival to Ethereum, because Ethereum is a companion to Bitcoin (Bitcoin is king and Ethereum is queen), so of course Bitcoin will always be on top of Ethereum and stay at position 1 on coinmarketcap, while Ethereum will remain at position 2 on coinmarketcap.

MisterLangley

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There is no way ethereum is more powerful than bitcoin.
Because BITCOIN is the king of crypto that cannot be rivaled by ethereum or other coins. bitcoin has progressed very rapidly in a decade it can be significant in the field of companies, the economy. and even people who have large funds invest in bitcoin so that it has a higher value than other coins. For example, Elon Musk invests in bitcoin and doge. In an instant the price of bitcoin soared. conclusions can be drawn accurately from the marketcap.

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