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.
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.
Maybe it can. Cause this market is very unpredictable.
The year started not so long ago and i think that Ethereum wont be the most profitable top coin. Polka will give much more profit as the project develops. The coin has already given X2 since the beginning of the year and this is not the end.
ethereum is such bad for future.Particularly after ETH 2.0 occur, numerous miner(which are a major piece of local area) will unite to move to another coin and move enormous promotion of Ethereum to another coin.
You compare incomparable! Bitcoin and Ethereum are completely different assets. Bitcoin is the father of all cryptocurrencies and it leads them. Just look through the markets history! When BTC pumps, alts start their growth also. When BTC dumps, all alts also dump. These processes are permanent.
True, it is clear that the two will not be comparable in comparison, because the first to be born will still be the King of crypto coins, namely Bitcoin, and those born after that are Alternative tokens that often have an influence when Pump and Dump on Bitcoin.
I am always confused why there is a comparison for two different assets. can't we also differentiate how BTC and ETH differ? more specifically related to what is the comparison. trade / transaction? community? market? pump? increase in the last 1 year?
Ethereum ETH market sure is gaining a lot of momentum because of DeFi projects actually. They have reached multiple ATH in this early 2021. Volumes will keep rising as they managed to launch ETH 2.0 soon.
Not to mention that Ethereum last broke its transaction fee record a month ago on Jan. 11, hitting an average $19 per transaction. Current values double the peak transaction fees recorded during "DeFi Summer" of 2020. Also the price went high despite amid predictions that an impending supply shortage will force the price up even higher.
The market surge has been boosted by increased institutional interest during the pandemic, which has seen major investors turn to cryptocurrency in an effort to diversify their portfolios during a time or economic uncertainty.
When it comes to the price, obviously no one can beat bitcoins no matter where you will go in the crypto market, however, if you want to get some massive amount of money from your little investment capital, you may also try ETH because right now, it also gives some promising results day by day. You can see it in the market, the price still going strong despite its decline a few days ago. Now it's all going strong and might be leading us to a new ATH price as well as bitcoins does. Before that, you need to consider thinking about your capital because if you invest some big amount of money and suddenly the market of ETH fell a few days after you invested, it would be hard to recover because we are talking about ETH here not BTC.
...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.
A question i keep asking myself and yet to come to convincing a conclusion, despite new competitors in the market that could be considered as good or even better than the eth network, the majority of developers still prefer to use eth network, what is it that draws them to eth network! why is it so difficult to build on other network? is it because of the popularity, speed, cheap, easy to use,.....
Ethereum, of course, is still the king of all altcoins because of its incredible capabilities and technologies, and of course, Ethereum trading volumes are constantly growing and this suggests that Ethereum will most likely be number one among altcoins for a long time, but whatever does not happen, it is still Bitcoin remains the king of all cryptocurrencies, and the same will be in the future, so you should not expect that Ethereum will have the opportunity to overtake Bitcoin, this will never happen.
Ethereum ETH market sure is gaining a lot of momentum because of DeFi projects actually. They have reached multiple ATH in this early 2021. Volumes will keep rising as they managed to launch ETH 2.0 soon.
You compare incomparable! Bitcoin and Ethereum are completely different assets. Bitcoin is the father of all cryptocurrencies and it leads them. Just look through the markets history! When BTC pumps, alts start their growth also. When BTC dumps, all alts also dump. These processes are permanent.
People compare incomparable for years here... And I saw many arguments from hardcore Ethereum supporters, and some of them sounds good, but I don't think that any coin can beat Bitcoin in some near future... maybe that can happen, I don't think about it like it's something impossible, I just think others will have to work a lot to come closer to Bitcoin first, and then they can have better chances for that!
By the way alt section is full of similar threads, it's like that for years...and from all the talking, from next Bitcoin to next Ethereum... Bitcoin is still what is, like Ethereum, no changes, and as I said I don't think we will see some changes anytime soon!
You compare incomparable! Bitcoin and Ethereum are completely different assets. Bitcoin is the father of all cryptocurrencies and it leads them. Just look through the markets history! When BTC pumps, alts start their growth also. When BTC dumps, all alts also dump. These processes are permanent.
XMR (monero) next the best coin
Ethereum is currently the best choice and altcoin, we hope there will be many new bounties that can raise polka-dots this year I'm not sure ethereum will last forever as the best altcoin, so ethereum can beat bitcoin it's impossible to happen for a long time bitcoin has remained a favorite of Large investors, especially well-known bitcoin companies, have always been the parent of all coins
Both Polkadot and Cardano have their own characteristics. But for all the advantages, none of them has yet managed to displace Ethereum. But you need to be aware that before the full implementation of Ethereum 2.0, it may take years, the situation may change.
Even if Ethereum manages to maintain its place in the market, competitors may find a way to surpass Ethereum
I don't think ethereum will ever beat bitcoin and I think no other coin also can beat bitcoin even they couldn't beat ethereum too. Ethereum and bitcoin are very different from each other fundamentally. So comparing them is not a good idea. And bitcoin hold a huge marketcap reaching that marketcap is really high. And if anyday ethereum reach that market cap bitcoin will make another target for ethereum. That's it
I think your word is right, because the proof is when bitcoin touched 40k $, ethereum only touched 1000 $, but now when bitcoin price 33k $, ethereum is even at a very high price of 1300 $. but in my opinion ethereum will not surpass bitcoin price
There is nothing new all the points you have listed out, from the start Ethereum had a cheaper transaction fees than Bitcoin and it has always been faster than Bitcoin when you’re making transactions. And as for being a top choice for developers, well it has also been that way right from time and that’s even the purpose it was created for, every year that has been it, so what’s the need mentioning it? 
If you talk investment wise and which of them will increase the most in value, well, Bitcoin has already had its season when the price increased to a new ATH over 40k USD. But we are still yet to know whether the bull run is over, the market has started climbing up again after dropping to 30k USD it has moved up to 36k USD.
If you talk investment wise and which of them will increase the most in value, well, Bitcoin has already had its season when the price increased to a new ATH over 40k USD. But we are still yet to know whether the bull run is over, the market has started climbing up again after dropping to 30k USD it has moved up to 36k USD.
I dont believe eth could beat bitcoin as best asset, you forgot about new project like polkadot and ADA Cardano. They are very good compeyitor for eth and could beat eth. And remember, DeFi need less transaction fees and every body knows how much eth transaction fees.
despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
And that's also when the proliferation of scam projects started. It's no question that many projects choosing it because it's where it all started. Most of the successful projects today made it through Ethereum. Because of that, other project developers have seen and knew how easy and quick it is to use Ethereum for their projects. But to have a ratio, IMHO, out of 100, I guess 2-5 are only good.
Ethereum brought a lot of new features in the Cryptocurrency, and it helped the industry to get more recognized but unfortunately, it also brought a lot of scammers in the industry, they started the first crowdfunding here and thousands follow only to end up scamming many investors and the majority of them are using Ethereum smart contract.
Bitcoin has established itself as the most important cryptocurrency in the world. BTC is the main one because stays on the market for many years and only strengthens position. It is not for nothing that bitcoin dictates the weather in the crypto world. Therefore, it is not so easy to move from its place!
Not talking about beating bitcoin as highest market cap coin but as being the best crypto asset of 2021 I guess and that's honestly really possible. I mean, bitcoin simply the best asset of 2020 because its bullrun which gives quite the ROI but now it's got some correction.If ethereum could pull off in 2021 to give huge amount of ROI within its (maybe upcoming) bullrun maybe it can become best asset of 2021 but definitely not crypto with highest market cap. It's just how the crypto perform within a year.
Every altcoin was born to make up for a technical defect in Bitcoin and so any altcoin can exceed the values of Bitcoin in terms of the market. However we must separate the Bitcoin Core project with the Bitcoin brand and the great valuations are valid for the Bitcoin brand that we see in the big media and in influential places. Regarding Ethereum there is no way to compare with Bitcoin because Ethereum's segment and transaction line is different from Bitcoin but compared to its values Ethereum has a large margin of growth.
2021? Sure Ethereum is likely to be the best coin for this year, Bitcoin has gone for its run and after reaching as high as $40,000 we are now seeing it going down to a lower price, yesterday the price was below $31,000 and this morning it has dropped to $29,500 and the way I see it, there will likely be more decrease, the question is to what extent it will reach?
With all that happening, Ethereum has been increasing and is getting close to its last ATH of $1500, it currently sits $1300. This might be the season for altcoins in USD value but I do see the actual growth in terms of BTC which means ethereum still has long way to reach its ATH.
With all that happening, Ethereum has been increasing and is getting close to its last ATH of $1500, it currently sits $1300. This might be the season for altcoins in USD value but I do see the actual growth in terms of BTC which means ethereum still has long way to reach its ATH.
Quote
But those shit erc20 tokens are making the ethereum more congested and its fees is getting above $20 for a simple transaction.
I surely agree with this @jrrsparkles and that is one big problem etheruem faced because of many shit and scam project. That really brought etheruem in a staggering foot back in 2017 because much fud was on the platform from etheruem like scalability challenges etc but I think etheruem will come up better
But I think ethereum still has difficulty beating bitcoin as the best asses of 2021 because people's and the institutions still prefer to have bitcoin as their main investment. They believe that bitcoin will increase so high, and they have time to buy bitcoin now.
Bitcoin has established itself as the most important cryptocurrency in the world. BTC is the main one because stays on the market for many years and only strengthens position. It is not for nothing that bitcoin dictates the weather in the crypto world. Therefore, it is not so easy to move from its place!
Quote
But those shit erc20 tokens are making the ethereum more congested and its fees is getting above $20 for a simple transaction.
I surely agree with this @jrrsparkles and that is one big problem etheruem faced because of many shit and scam project. That really brought etheruem in a staggering foot back in 2017 because much fud was on the platform from etheruem like scalability challenges etc but I think etheruem will come up better
Isn't it Ethereum already beat Bitcoin already last year, specially as far as the growth? And it's obvious that Ethereum could grow even more, thus potentially surpassing bitcoin again this year.
But the best thing for Ethereum though is that there are a lot of improvements in the pipeline and they are trying to address the biggest issues so far, high transaction fees (even higher than bitcoin now).
But the best thing for Ethereum though is that there are a lot of improvements in the pipeline and they are trying to address the biggest issues so far, high transaction fees (even higher than bitcoin now).
ETH is a real project and really have the best platform to be used by many project and its really possible to replace BTC on top, but it will be hard and its not easy because many still believes that Bitcoin should remain on top. They both made a new all time high this year so it will be a tough battle between this top coins.
Despite new competing blockchains, Ethereum is still the top choice among developers
Yeah, and what do they develop?
A bunch of scam, useless coins and useless projects.
Just to fool newbies and steal their money.
Ethereum is slow and expensive, now more than bitcoin.
Ethereum is not working. Fees are absolutely crazy. PoS is not going to be released anytime soon...
"Beat Bitcoin"? lol You cannot even make a transaction for less than 1 usd.
Lmao im laugh reading this, u cant be so straight like this. Ethereum is very useful, dude
. Looks, i can transfer many fund to miner as a fee transaction, which blockchain have charity feature like this?
People been saying this since ETH was created and here we are 2021 and bitcoin still controls around 70% of the crypto marketcap.
^ when you compare Ethereum to Bitcoin and then say Ethereum is better than Bitcoin then you are wrong. ethereum will never beat Bitcoin because until now there are so many shortcomings of Ethereum. The fees charged to Ethereum users are even greater than Bitcoin users. Bitcoin price is much better and also the amount of Bitcoin circulation is fixed and does not continue to increase like ethereum.
Ethereum is barely clinging to its old 2017 ATH, while Bitcoin already established a new ATH that was twice as big as the previous one. This means that Ethereum was a rather poor investment for long term, you take all the risks of Bitcoin and get less rewards. Ethereun's ATH in Bitcoin price was something like 0.132 BTC, so if you bought at that price or around it, you'll never recover from it, because even now "bullish ETH" is only 1/3 of that level. Just because ETH has some upside moment doesn't make it the best asset of 2021.
It's good that in the crypto market, coins are becoming more independent of the price of bitcoin. However, bitcoin is still the locomotive of the entire market and this should not be forgotten. So if Bitcoin allows, then Ethereum will show good growth.
So many faults to ETH, I have one account with more than 9 pending transactions that if I cancel, I will have to pay fees just cancelling, I no idea why so the tokens stays there still. I don't know what makes the metamask I have that makes it very difficult to operate lol increasing my gwei to at least pay $15 for the transaction but it still stuck. ETH is good, it's just not something that will beat BTC.
No doubt Ethereum is top altcoin available in the market and its tough competition to Bitcoin but the point of it overtaking or outraging btc is not true In light of any event because it serve a different purpose.The btc was first crypto if it's type developed say on version 1.0 then ETH was built on version 2.0 and it is also built on blockchain technology but it allows others projects to build over its platform using ERC-20 tokens and many coins have been built on ETH technology which is quite a advantage of it but still it has many flaws like high transaction fees and it cannot handle loads like Bitcoin technology.Moreover EEA support behind ETH technology let's user smart contarct usage to built projects to deal with complex situation in a handy way.But still btc remain on the top of list due to advantages over other altcoins and customer trust and preference over btc network has made it strong enough to be broken by any other coins in the market even ETH.
despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
And that's also when the proliferation of scam projects started. It's no question that many projects choosing it because it's where it all started. Most of the successful projects today made it through Ethereum. Because of that, other project developers have seen and knew how easy and quick it is to use Ethereum for their projects. But to have a ratio, IMHO, out of 100, I guess 2-5 are only good.
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.
Can you explain it briefly? What is the actual positive thing of building all those shit projects on the same blockchain? It isn't going to make any changes if it was build on the different blockchains right.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.
But those shit erc20 tokens are making the ethereum more congested and its fees is getting above $20 for a simple transaction.
Nothing is impossible actually or indispensable too but for now etheruem is still the choice after bitcoin in cryptocurrency rating. Nobody is thinking etheruem won't be overtaken but we can also see the chain of activities in crypto world. We see if etheruem goes bear many projects also drop. And in general talking about bitcoin also when yearn.finance (YFI) went pass bitcoin because of pump, it has stabilize @$29,855 now and bitcoin still topping @$31,889. But the thread isn't whether etheruem will be the best altcoin in future but it has all the factors including
1. Low fees
2.Fast transaction delivery
3.Large network coverage
4.Ground for ICO projects
5.Network update and technological growth.
We all know that all these factors are not enough for being second best. There are also faster and zero fee coin like a NANO. Or the faster NEO. However, this does not mean that they have to replace ETH. In fact, that is not even the point here, it is a matter of passing BTC. Look at the charts on the market, almost all of them repeat the chart of BTC. In this case, what beat can we talk about? and this situation will continue as long as this market survives! 1. Low fees
2.Fast transaction delivery
3.Large network coverage
4.Ground for ICO projects
5.Network update and technological growth.
Despite new competing blockchains, Ethereum is still the top choice among developers
Yeah, and what do they develop?
A bunch of scam, useless coins and useless projects.
Just to fool newbies and steal their money.
Ethereum is slow and expensive, now more than bitcoin.
Ethereum is not working. Fees are absolutely crazy. PoS is not going to be released anytime soon...
"Beat Bitcoin"? lol You cannot even make a transaction for less than 1 usd.
Stop fooling yourself it's never going to happen, can't you see that Ethereum was able to reach 1450$ because of bitcoin? Every bullshit trend starts from the top coin (bitcoin), people will consider bitcoin first before ETH and nothing can change this, Ethereum will remain the second best coin or even lose the position to another altcoin but none can win over bitcoin position
Every week the same topic is take out? Ethereum has not chance to "beat Bitcoin". In order to have your dream come true 2 things have to happen:
- Ethereum get to the point it can properly handle the load (i.e. lower the fees). No matter how you try to market them, they are still abnormal. (maybe possible to fix in the future)
- Something extremely bad has to happen in Bitcoin, like a (real) flaw that makes people lose money. (good luck with that).
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?
I think this more realistic, ethereum is such not good for future.
Especially after ETH 2.0 happen, many miner(which are a big part of community) will consolidate to move to another coin and move big hype of Ethereum to another coin.
Also as Payment Processor, Ethereum is not scalable, slow, and expensive.
is there anything that is impossible in this world?
Nothing is impossible actually or indispensable too but for now etheruem is still the choice after bitcoin in cryptocurrency rating. Nobody is thinking etheruem won't be overtaken but we can also see the chain of activities in crypto world. We see if etheruem goes bear many projects also drop. And in general talking about bitcoin also when yearn.finance (YFI) went pass bitcoin because of pump, it has stabilize @$29,855 now and bitcoin still topping @$31,889. But the thread isn't whether etheruem will be the best altcoin in future but it has all the factors including
1. Low fees
2.Fast transaction delivery
3.Large network coverage
4.Ground for ICO projects
5.Network update and technological growth.
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?
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.
Jump to: