Topic: Here's Why Ethereum Could Beat Bitcoin As Best Asset Of 2021 (Read 658 times)
I beg to differ. While ethereum has a number of uses, it can't topple down bitcoin. Ethereum's use is different from bitcoin, despite having similar characteristics, Bitcoin is a store of value while Ethereum has a huge computing network which enables anybody to build a decentralized application. Ethereum has several competitors, those that are capable of overthrowing etheruem as the 2nd best crypto. I cant see ethereum as the number one asset of 2021. Moreover bitcoin will continue to prosper for several years without the fear of being overthrown, since this is the first digital coin to be ever made and there are still several potential investors eyeing this cryptocurrency
Personally, I think the Ethereum coin is very promising. But the main coin in the crypto industry is the number one coin, Bitcoin. And Bitcoin will always be the most expensive coin. Of course, Ethereum, too, will always have the advantages of its universal platform, which is in great demand in the crypto industry. And in conclusion, I can say that Ethereum will not be more expensive than Bitcoin.
are you sleeping or dreaming when you write this thread ??
I am not sure about any atcoin and no matter how good it can beat Bitcoin. "IT IS IMPOSSIBLE" According to me.
I am not sure about any atcoin and no matter how good it can beat Bitcoin. "IT IS IMPOSSIBLE" According to me.
For me ETH could only Beat BTC in supply since BTC has limitted while ETH has unlimitted supply,
But other than that I don't see any other reason since the transaction fee in ETH is also high now.
For me ETH could never beat BTC it could only stay near it.
But other than that I don't see any other reason since the transaction fee in ETH is also high now.
For me ETH could never beat BTC it could only stay near it.
This is very interesting to discuss, especially since I am an ERC20 or Etherum token enthusiast since 2017 and until now. With interesting information like this, of course, I personally will be more active in investing in ETH. Until now, there are so many Altcoints who want to compete with Etherum, but because of the many contributions made by Etherum enthusiasts, Etherum has always had movement and has value in the eyes of investors, even in my opinion etherum is the second digital currency after BITCOIN.
Yes, and until now Ethereum is still not beaten by other tokens, so some people say that the Ethereum token is the king of Altcoins, and this is clearly proven by the rank that Ethereum has occupied from the past to the present.as you said about ethereum is a reason for many investors to invest in it, ethereum is nicknamed the king of altcoin ,. But for now I see most Ethereum enthusiasts complaining about the very high transaction fees or gas when a delivery is made.
Ethereum is really a great project. With a huge userbase with a huge marketcap and a great dev base. And now institutional investors start to see ETH as a asset class. And that's great. But Reaching bitcoin or beat bitcoin is impossible. At this point institutional investors just started with the crypto thing andbwhen anyone explore the market they normally stickbwith bitcoin. That's it .
Ethereum is one of the greatest project of this whole market. And day by day it's demand is going high. Ethereum has a very big user base plus the community behind ethereum bis too strong. They also have biggest 3rd party devloper base. Do I think in future it will grow more. But it's very hard for ethereum to cross marketcap of bitcoin. May it overtake bitcoin in profit margin but not in marketvap or in popularity. But still ethereum is my one of the favourite project and I am very bullish on ethereum.
Now the price of ethereum is growing very slowly because there is a big problem on the ethereum network due to the high cost per transaction. Many market participants are unhappy with this, because with small transaction sizes, sometimes you have to pay more than the price of the transferred tokens.The situation may happen in July, the gas level may become minimal during the implementation of the planned improvements within the framework of Ethereum 2.0. If everything goes well, then the ethereum price should rise very quickly after that. However, in the near future, this coin will not be able to compare with Bitcoin.
Ethereum is one of the greatest project of this whole market. And day by day it's demand is going high. Ethereum has a very big user base plus the community behind ethereum bis too strong. They also have biggest 3rd party devloper base. Do I think in future it will grow more. But it's very hard for ethereum to cross marketcap of bitcoin. May it overtake bitcoin in profit margin but not in marketvap or in popularity. But still ethereum is my one of the favourite project and I am very bullish on ethereum.
I really think it is nearly impossible, until whenever Bitcoin will become a very valuable coin.Ethereum is slower and more expensive than bitcoin. Ethereum is not working. Fees are absolutely crazy. Btc has proven itself and ETH? Really have to go a long way to beat BTC even They will need years to come closer to BTC. Lets face the reality and respect the king as a king.
I read the topic in ibtimes.com and I find it looking interesting
KEY POINTS WERE NOTED AS
Despite new competing blockchains, Ethereum is still the top choice among developers
Fees have contributed to Ethereum’s growth
The total value locked in decentralized finance is now $26.55 billion
On my own contribution, I think the etheruem platform has got advantage on this because it has a wide coverage because
The majority of the cryptocurrencies were actually ERC-20 tokens built on Ethereum platform, despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
KEY POINTS WERE NOTED AS
Despite new competing blockchains, Ethereum is still the top choice among developers
Fees have contributed to Ethereum’s growth
The total value locked in decentralized finance is now $26.55 billion
On my own contribution, I think the etheruem platform has got advantage on this because it has a wide coverage because
The majority of the cryptocurrencies were actually ERC-20 tokens built on Ethereum platform, despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
This is very interesting to discuss, especially since I am an ERC20 or Etherum token enthusiast since 2017 and until now. With interesting information like this, of course, I personally will be more active in investing in ETH. Until now, there are so many Altcoints who want to compete with Etherum, but because of the many contributions made by Etherum enthusiasts, Etherum has always had movement and has value in the eyes of investors, even in my opinion etherum is the second digital currency after BITCOIN.
High fees on Ethereum network is contributing the ETH growth indeed, especially ETH miners.
But many ETH users are required to cost more money to use it for high gas fee, so it has positive and negative impacts.
I think bitcoin will be unbeatable even in this year, but let see later because we won't know what will happening in cryptocurrency world.
agree that bitcoin will not be replaced. Currently, even though Ethereum has a strong belief, it is not possible to replace the position of Bitcoin. Ethereum remains an altcoin. Regarding gas fee, the factor of exchange Dex is very influencing. where many people have been trading on the Dex exchange for 4 months. the price increase of Ethereum is also another reason for the estimated price increase But many ETH users are required to cost more money to use it for high gas fee, so it has positive and negative impacts.
I think bitcoin will be unbeatable even in this year, but let see later because we won't know what will happening in cryptocurrency world.
I read the topic in ibtimes.com and I find it looking interesting
KEY POINTS WERE NOTED AS
Despite new competing blockchains, Ethereum is still the top choice among developers
Fees have contributed to Ethereum’s growth
The total value locked in decentralized finance is now $26.55 billion
On my own contribution, I think the etheruem platform has got advantage on this because it has a wide coverage because
The majority of the cryptocurrencies were actually ERC-20 tokens built on Ethereum platform, despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
KEY POINTS WERE NOTED AS
Despite new competing blockchains, Ethereum is still the top choice among developers
Fees have contributed to Ethereum’s growth
The total value locked in decentralized finance is now $26.55 billion
On my own contribution, I think the etheruem platform has got advantage on this because it has a wide coverage because
The majority of the cryptocurrencies were actually ERC-20 tokens built on Ethereum platform, despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
I always think that bitcoin is the best asset for every year, both this year and the following years. there is no best eset other than investing in bitcoin, because in my opinion it is a real asset and really promising.
Ethereum is really one of the best project of this market. And day by day it's growing more. At this moment it is the biggest platfrom based token with a big community and a big dev base. And after eth2.0 it will grow more. But it will catch bitcoin or suppressed Bitcoins marketcap is not just possible.
Maybe it can. Cause this market is very unpredictable.
Yes, and we can also see that at the moment where all the tokens are undergoing a very good correction, even though Bitcoin is still in a green percentage, the price has also decreased and it's time to buy some good tokens to find good profits at the end of the month. Maybe it can. Cause this market is very unpredictable.
Also as Payment Processor, Ethereum is not scalable, slow, and expensive.
I agree, ETH's transaction fees are too expensive at the moment, which is a huge limitation of this coin.The reason ETH can become the second largest coin in the market is because it is the cornerstone of many altcoins, if ETH cannot solve the transaction fees it will quickly be overtaken by other coins. .
If it is comparison to which will be a better asset then the bottomline should be the rate of increase, I guess? No one beats the other one, in which I do also believe. Both Ethereum and Bitcoin has their own advantages. They are different in fees, market price increase, market volume and market cap. Single crypto won't get all of the advantages so I think, there's no need for competition. An investor has a choice to which will he engage his self with, or to engage into both of these two huge names in this industry. If you find the other one more promising, you have the freedom to keep your eye on it, and to ignore the other ones. But we cannot convince everyone to be in one side alone. More likely, most of the investors here are diversifying their investments to both of these coins and other cryptos. But if you are really into comparison, this will be too early to conclude which one has a better year.
The believe that Ethereum is a top choice for developers is true but may not be in the coming years, Polkadot and Binance chain are two chain that I believe will benefit greatly from is unsustainable gas price, who wants to keep paying $10 for transaction that cost $100. There are talk of layer two solutions but as we can see all these layer 2 solutions also comes with their own short comings
Be expecting more new projects to run on Polkadot from now on, I don't think Ethereum will forever be the best altcoin, there will be top satisfying challengers that we've never dream of, is there anything that is impossible in this world?
Change is definitely there, Ethereum isn't always the best altcoin. So far there have been so many new coins circulating in the crypto market, but until now no one has been able to overtake Ethereum as the best altcoin. We will never know how cryptocurrency will develop in the future, maybe there will be a new innovation that can compete with Ethereum, it could even overtake Ethereum as the best altcoin. 
I think there have been many projects that are trying to compete with ethereum, maybe from the ETH market cap is far ahead, but other developments such as Polkadot and BNB may be the same or one step ahead of ETH.
and many say it is only a matter of time but we also cannot ignore ETH v2.0 which is coming soon in 2022.
and for the last bitcoin always will be lead dont forget that.
Yes, that's right, don't forget about polkadot and BNB tokens because those are also potential coins,and many say it is only a matter of time but we also cannot ignore ETH v2.0 which is coming soon in 2022.
and for the last bitcoin always will be lead dont forget that.
and we know for ourselves that the development of the two coins is currently arguably good,
and with the presence of ethereum 2.0 later maybe it will affect ethereum prices,
for now stay patient first and better just follow existing developments
Good luck with that.
You could lay all of the reasons why it could be the beat Bitcoin but Bitcoin being the top of the market is inevitable. It is true that there are a lot of cryptocurrencies being made under the Blockchain of Ethereum but that also makes it the worst as not all of these cryptocurrencies being made are legitimate and getting successful.
Most of the time, when a cryptocurrency pumps, they trade it for Bitcoin as more investors believe in Bitcoin than Ethereum.
You could lay all of the reasons why it could be the beat Bitcoin but Bitcoin being the top of the market is inevitable. It is true that there are a lot of cryptocurrencies being made under the Blockchain of Ethereum but that also makes it the worst as not all of these cryptocurrencies being made are legitimate and getting successful.
Most of the time, when a cryptocurrency pumps, they trade it for Bitcoin as more investors believe in Bitcoin than Ethereum.
Ethereum is really one of the best project of this market. And day by day it's growing more. At this moment it is the biggest platfrom based token with a big community and a big dev base. And after eth2.0 it will grow more. But it will catch bitcoin or suppressed Bitcoins marketcap is not just possible.
Maybe it can. Cause this market is very unpredictable.
It's really hard to catch up to bitcoin dominance for ETH. I mean, look at those big institutional investors, when they say they gonna invest to crypto what gonna be the one that takes big portion of their portfolio? BTC. The recent news about Tesla investment in crypto? BTC. It's always BTC that got adopted or bought by the large institutional investor as well as those retailers who want to try out crypto investment. Gonna be tough for ETH to create the same demand for their coin and that's for sure. Maybe it can. Cause this market is very unpredictable.
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