I think Ethereum is more dynamic than bitcoin

Wong Gendheng

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Quote from: sou-kou on November 11, 2021, 09:36:09 PM

In terms of function, Ethereum is indeed more comprehensive than the actual application of Bitcoin. Ethereum is more functional. Bitcoin is the leader and the king of the industry. The earliest digital currency is the consensus of the future. This is also difficult to shake.

Ethereum is dynamic because many projects are based on Ethereum and make the use of ethereum continue to increase, if in total, ethereum and ERC20 platform projects dominate the marketcap up to 65%, unfortunately ethereum transaction fees are currently very expensive, so that the development of ethereum to dominate the market will be hampered.

beerlover

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Being dynamic doesn't make it bigger, I mean it has been more dynamic for years and it has been under bitcoin for a long time anyway. This means that as long as you end up working towards just being more dynamic, then you are not going to get bigger. What I believe ETH needs right now is getting more viral, we have seen Ashton Kutcher promoting XRP before, we have seen Elon promoting Doge, we have seen famous people talk about crypto all the time.

However we have not seen too much from ETH, same Ashton Kutcher actually had a video with Vitalik as well but it didn't get too famous, it was just instagram I believe, we need more famous people doing more viral stuff to get ETH to a higher level. It could happen, but it requires a lot more involvement from celebrity world, could be financial like company CEO's that are known like Bill Gates or Jeff Bezos and such, or it could be just Hollywood people as well.

LUCKMCFLY

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True, ethereum is a very dynamic coin because it can be used for multi projects, even if in total all tokens and ethereum it already controls more than 65% marketcap and bitcoin is only about 18% marketcap, this is what makes me believe that one day ethereum will replace bitcoin in the first position.

Well, the truth is, I do not think that ETH will replace BTC, ETH is very good, it has its own network for carrying out projects and has a considerable currency value, however it is necessary to highlight that it has many cons, in the network eth its fees They are exaggeratedly expensive, these days I changed a couple of currencies that they paid me on the ETH network and they charged me more than 150USD in pure commissions, for many it is nothing, but for me that is too much, also if we take into account that each time that BTC falls in price ETH suffers very radical falls, and BTC has a life of its own, while ETH does not, those are the reasons why ETH can never replace BTC.

onecall123

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In terms of market capitalization, bitcoin and ethereum are the world's two most valuable cryptocurrencies. However, Ethereum's goal differs from that of Bitcoin. With Ethereum, on-chain transactions can be processed more quickly than Bitcoin, with significantly different uses and goals. What makes Ethereum appealing is its simplicity. Ethereum is much more dynamic than Bitcoin. There is a limited supply, and it has a proven network.

nurulhmani1280wat

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XEGGEX

Yes..of course with your opinion but I say different because bitcoin is king of all coins in crypto market including ethereum and even now btc price is very high and many investors join there, they know profit almost, they get rich in no time and they have a lot of experience about it.

gwdf1

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Ethereum is adopting new technologies, it is developing new DAOs so people have a big choice of how to work on this market.
We can work with NFT projects, we can trade, we can invest in defi-projects, so Ethereum gives a lot of opportunities, while Bitcoin gives us the only opportunity to hold and wait when the price grows.

sou-kou

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In terms of function, Ethereum is indeed more comprehensive than the actual application of Bitcoin. Ethereum is more functional. Bitcoin is the leader and the king of the industry. The earliest digital currency is the consensus of the future. This is also difficult to shake.

Jating

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Yes, of course Ethereum is more dynamic than Bitcoin. Bitcoin doesn't have really big features and it is not cared very much in terms of development. But it is not the same for Ethereum. The developers are always working on new updates. Ethereum 2.0 is really promising. As long as Ethereum keeps being updated, it can even dethrone Bitcoin after some point. Bitcoin is just enjoying its spot for now.

There is one improvement in the calendar on Bitcoin which is Taproot activation, should happen this week.

What do you mean that Ethereum 2.0 is promising? it didn't solved the gas fees right? well, that's what I heard as people is till complaining about it because now it is more expensive than bitcoin itself.

Ethereum might be dynamic because obviously the devs are very active, but it seems that's one of it's drawback though, issues after issues have arises and the devs can't cope up with it and their iteration releases are always behind schedule.

bigjuk

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Quote from: nurulhmani1280wat on November 10, 2021, 07:22:43 PM

I think ethereum can't be more dynamic like bitcoin, if ethereum can work like bitcoin it's impossible, as we see in the crypto market bitcoin works very well compared to other coins, indeed eth is the second number listed in crypto.

Each coin has a different concept for developing Mate, so they will never be the same, and if for example ETH could be the same as Bitcoin then the transaction fees would also be insane, even crazier than now.

nurulhmani1280wat

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XEGGEX

I think ethereum can't be more dynamic like bitcoin, if ethereum can work like bitcoin it's impossible, as we see in the crypto market bitcoin works very well compared to other coins, indeed eth is the second number listed in crypto.

dEjAvOU

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It must be admitted that cryptocurrencies can be big as now because ethereum is not bitcoin or something else, the number of projects that use the ethereum platform makes the market move positively, it is worth saying that ethereum is more dynamic than bitcoin.

super bako

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Quote from: bct-user on November 09, 2021, 07:58:52 PM

What do you mean by more dynamic? I think both are dynamic. Even Ethereum seems to have more use cases than Bitcoin, but Bitcoin has varied functions. It is a bit difficult to compare which one is more dynamic because both of them are dynamic in prices and the real use cases. I think we don't need to compare these coins, each has its own advantage. Don't think that Bitcoin is not really dynamic because people don't make a smart contract through Bitcoin. It has another side that can be called as dynamic. If we consider those coins as a payment tool, BTC seems better and dynamic.

#edited

maybe what he means is that ethereum is more dynamic, in terms of making coins that are not too complicated and the costs are not large, the ethereum network is indeed very easy and convenient for various things to track all kinds of crimes or other things that are very easy to find. although now many are using the ethereum platform. like BSC, MATIC, a lot of coin dusting is misused by scammers

Solanawish85585

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Yes, But ETH does have an advantage like in smart contracts in the evolution of ETH 2.0 and of course this makes ETH a better choice for bitcoin in terms of investment. But overall the features of ETH are almost the same as bitcoin.

Argoo

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Quote from: Kena Banned on September 14, 2021, 07:21:00 PM

Quote from: Kusman on September 14, 2021, 07:04:38 PM

Of course Ethereum is more dynamic than Bitcoin. Bitcoin doesn't have really big features and it is not cared very much in terms of development. But it is not the same for Ethereum. The developers are always working on new updates. Ethereum 2.0 is really promising. As long as Ethereum keeps being updated, it can even dethrone Bitcoin after some point. Bitcoin is just enjoying its spot for now.

Not really, Lighting network are the proof that Bitcoin really can adapt and makes very cheap transaction fee while Ethereum developers only still promises about it.
Also, theres so many development on Bitcoin, check on its github https://github.com/bitcoin

Using the Lighting Network for Bitcoin transactions is quite difficult for ordinary people to understand. Therefore, it is not widely used. In addition, Lighting was created for the application of small transactions and cannot cover all participants in this market if desired. Therefore, Lighting is not yet a solution to the problem of high fees for Bitcoin transactions.
We can say that ethereum has a similar problem. But we know that the ethereum network has been updated for almost a year, and this is being done systematically and so far, on the whole, successfully. After its update, this coin will compare favorably with Bitcoin.

GreatArkansas

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Quote from: bct-user on November 09, 2021, 07:58:52 PM

What do you mean by more dynamic? I think both are dynamic.

I think OP got some misunderstanding here which for me I can't compare Bitcoin to Ethereum.
They were created for different purposes. Ethereum's major feature is for smart contracts. Bitcoin is for payment, like the value of it for holding is good, which solves the traditional banking or payment we have now.

bct-user

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What do you mean by more dynamic? I think both are dynamic. Even Ethereum seems to have more use cases than Bitcoin, but Bitcoin has varied functions. It is a bit difficult to compare which one is more dynamic because both of them are dynamic in prices and the real use cases. I think we don't need to compare these coins, each has its own advantage. Don't think that Bitcoin is not really dynamic because people don't make a smart contract through Bitcoin. It has another side that can be called as dynamic. If we consider those coins as a payment tool, BTC seems better and dynamic.

#edited

nurulhmani1280wat

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Quote from: letyouearn on September 14, 2021, 07:22:13 PM

I think investing in Bitcoin is more like investing in Gold and investing in Ethereum is like investing in stocks. Bitcoin investors is much more conservative than Ethereum ones - that's for sure.

yes, that's right... I totally agree with your post, maybe this is a shortcut that you take to invest, in my opinion the most profitable and dynamic crypto coin market is only bitcoin, until now no one can match it

TheMimic1

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Yea in terms of use case Ethereum beats BTC but that doesn't matter much since BTC is just more trusted by others than ETH, or maybe it's because we all know who the founder of ETH is? Maybe cos if ETH founder remains unknown to this day and it's fully decentralized it would have been the better BTC we all want isn't it?

RealMalatesta

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Quote from: FanEagle on November 05, 2021, 09:21:59 AM

In my opinion, ethereum ruined altcoin industry when comparing the good projects against scammy ones.

I must agree with this point. Compared to what are the the innovations we got because of the introduction of ethereum, I feel like we got many disadvantages. Like someone has notified if there are few or very limited number of altcoins, then most new investors will not get deviated into some other shitcoins but they will keep on investing only with bitcoins that might have taken bitcoin into some huge price levels than what we are having right now. Ethereum must be the prime factor for driving out investments into other coins.

Quote from: add1ct3dd on November 08, 2021, 01:29:15 PM

at the same time they should not underestimate the innovations brought by bitcoins.

People who are able to differentiate between the potential of bitcoin and all other coins definitely will not go underestimating bitcoin and its applications. So, we need to move on by ignoring such people.

add1ct3dd

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Ethereum's two-tier and three-tier technologies are becoming more and more mature. The opportunity of industry transformation still lies in Ethereum's layered technology. It should be proficient in two-tier and three-tier technologies as familiar with bitcoin technology. Bitcoin is very stable and unchanged. It is the best investment. But I think Ethereum is more fun.

There will be no room for fun in economy. Bitcoin is a serious investment opportunity and also will act like a serious momentary system where ethereum is kind of platform for hosting smart contracts. There are lots of differences between these two hence I never agree to compare these two cryptocurrencies.

The people here are trying to emphasize what they are liking but at the same time they should not underestimate the innovations brought by bitcoins.

Topic: I think Ethereum is more dynamic than bitcoin (Read 418 times)