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Topic: Is ETH better than BTC for payment? - page 4. (Read 1375 times)

legendary
Activity: 2884
Merit: 1117
June 19, 2020, 02:06:34 PM
#94
Altcoins are test rats for developing bitcoin into more perfection hence you are encouraged to do payments anywhere you prefer but you are responsible all your actions but your experiences are being studied for future developments on bitcoin blockchain or around it or for both.

It has been a long suggestion to use ETH where you might need to do things on hurry. I do make use of waves for cheaper transactions yet fast confirmations. You may go for testing every coin for the reason of fast confirmation/low tx fee/bigger block size and etc but these cannot be impacting the growth rate of bitcoin's in any means. People usually worry about switching to other coins for their personal benefits but I believe no such coin could start stronger forever which means eth may lose its fame and top rank on coinmarket cap lists but bitcoin may remain stronger as usual. Because, no altocin is capable of sustaining and then remaining as a tough competitor for bitcoins.
member
Activity: 1764
Merit: 10
June 19, 2020, 12:40:52 PM
#93
I do transactions through bitcoin and through ethereum, but at times the transaction price jumps up both there and there, but it was usually that through ethereum transactions were much cheaper, but now for almost 2 months it has become very expensive to make transactions through ethereum and this is a big problem.
full member
Activity: 1470
Merit: 148
June 19, 2020, 12:33:00 PM
#92
Eth is way faster than btc, of course but you can use both depending o  your preference. Use btc if you're not in a hurry 😁

The same way I see things buddy, most of my  online transactions from the beginning are done with ethereum and not Bitcoin. Bitcoin has it advantage of double spending compare to ethereum, the most efficient among the cryptocurrency for online transactions is the litecoin which is far way faster than the Ethereum. The current issue of ethereum will be handle in their upgrade 2.0 including it scalability.
full member
Activity: 1568
Merit: 100
COMBONetwork
June 19, 2020, 12:24:44 PM
#91
so far it's Ethereum I think it's better than Bitcoin, usually I always do transactions with ethereum and fees are also somewhat cheaper than Bitcoin, but lately it seems that ethereum fees are expensive, so for now Ethereum is not much different from bitcoin I think  Cheesy
member
Activity: 564
Merit: 50
June 19, 2020, 12:11:38 PM
#90
Ethereum is better for payment than bitcoin because it's more faster but there are tons of faster altcoins out there that beats these two, if any merchant is looking forward to start accepting coins for payment of advice him or her to accept more than Bitcoin and Ethereum

Why do you speak about "tons of faster altcoins" when we discuss ETH and BTC only ? In which way ETH is faster? Set sat/byte amount to max and be surprised with the speed.

World know better Bitcoin than Ethereum so it is obvious that BTC is better. It is like comparing Dollar and Euro. First is used worldwide, while second mostly in Europe.
member
Activity: 322
Merit: 10
June 19, 2020, 12:04:09 PM
#89
Ethereum is better for payment than bitcoin because it's more faster but there are tons of faster altcoins out there that beats these two, if any merchant is looking forward to start accepting coins for payment of advice him or her to accept more than Bitcoin and Ethereum
full member
Activity: 887
Merit: 100
June 19, 2020, 11:40:41 AM
#88
talking about payment systems, ETH is much faster compared to BTC. but speaking of quality, BTC is far superior compared to ETH. so, use BTC & ETH depending on your needs, I often use ETH for payment fees because it's faster and the cost is not expensive.
legendary
Activity: 3052
Merit: 1188
June 19, 2020, 11:23:49 AM
#87
Depends on what you are paying for. If you are talking about dapp type of payments, it is just a metamask wallet browser extension away from you and you could click couple of buttons and it's done, so ETH is far easier and better and cheaper to pay for at that. However if we are talking about millions of dollars worth of corporate payment, definitely bitcoin.

So, there is a fine line between how much you are paying, if it is few cents it is eth, if it is few millions it is btc, the closer you get to each other you will find a place where it is neither better nor worse. For example, I would say when you want to pay 1000 dollars to something, that is not really that bad for either of them, you can do it on bitcoin or ethereum and would be around the same level of comfort for you.
newbie
Activity: 28
Merit: 0
June 19, 2020, 11:22:57 AM
#86
It will be quiet interesting if you'll use Bitcoin & Ethereum at the same time as a payment method. For faster transaction if it's peer-to-peer or third-party-programs; you might wanna recommend to use Ethereum for quick transaction. In the other hand, Bitcoin is kinda sluggish for blockchain transaction.
Who says Bitcoin is a bit slow for blockchain transactions? even at this time Ethereum transactions that have a lot of pending unless someone uses a slightly higher fee when making a transaction so that the transaction can be successful more quickly.
It was just based on my own speculation. Since I've been trying to cash-out little by little some of my Bitcoins incoming from external wallets, and it took me about 4-5 hours before I received it.
sr. member
Activity: 868
Merit: 251
Empowering crypto w/ sustainable energy
June 19, 2020, 11:08:27 AM
#85
At this stage is see Bitcoin more as a value storage. If I need to send payments from exchange to exchange is prefer to use dash. If dash is not available then i use eth but btc fees are most of the time rather expensive.
newbie
Activity: 9
Merit: 25
June 19, 2020, 09:33:25 AM
#84
I would use x42 personally, because of it's zero fee's and priority transactions. Just need to wait for more exchange to adopt so I can TX with it more.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
June 19, 2020, 09:24:15 AM
#83
l prefer ETH better than BTC for payment, that is why as you know ETH needs a fewer fee for any transaction than BTC transaction. ETH  But in my mind, LTC is the best for the transaction and so faster. l think this difference will not change, ETH payment will always better than BTC.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
June 19, 2020, 08:39:47 AM
#82
It depends on which cryptocurrencies are allowed as a means of payment. If all cryptos are allowed, or at least the most popular ones, I prefer using either ETH or LTC. LTC for example has one of the lowest transactions fees yet it doesn't take hours for the transaction to pull through. The same goes for eth but at a slightly higher fee. I do use bitcoin for payment too even though the fees are quite high. Most people just accept payments in bitcoin only.
legendary
Activity: 2030
Merit: 1189
June 19, 2020, 08:39:14 AM
#81
Ethereum has a higher TPS than Bitcoin, but ether isn't designed to be a cryptocurrency. It's designed to be gas that powers the distributed computer behind the EVM.

Right now, Ethereum is more efficient as a means of payment, but that's more of a side effect than intentional.

Paying for things with Bitcoin is like paying with digital money, whereas paying for things with ETH is like paying with digital oil. It works, but it's not the right way of doing things.
sr. member
Activity: 1188
Merit: 251
June 19, 2020, 08:38:55 AM
#80
I think it depends on the level of shipping density, when Gwei goes up a few weeks ago when halving eth delivery and other tokens will be longer and more expensive.
so btc was faster at that time, but when gwei dropped alt speed and other tokens it was faster because it had fewer blocks.
sr. member
Activity: 586
Merit: 251
June 19, 2020, 08:33:48 AM
#79
Trading in Ethereum is always cheaper and done much faster than Bitcoin. It saves both time and money. I always use it myself and have also received testimony from such users. Yet I am not denying Bitcoin. Bitcoin cannot be compared to any other cryptocurrency. Bitcoin is said to be the king of all cryptocurrencies.

Bitcoin is the coin that decides this entire market and certainly has a huge impact. I think people will be more interested in investing when it comes to the crypto market because Bitcoin will undoubtedly be a coin that can bring a lot of profits to investors in the future. However, volatility is the reason for this market to be very risky, and you should carefully analyze before deciding to buy.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
June 19, 2020, 07:37:37 AM
#78
Eth is way faster than btc, of course but you can use both depending o  your preference. Use btc if you're not in a hurry 😁
This is the main problem why it's not a good thing to use bitcoin as payment. Even if I have been putting a huge fee to broadcast my tx and that needs a lot of time to be confirmed by the block. If there was a merchants who wanna use bitcoin and it must use LN node.
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sr. member
Activity: 1708
Merit: 295
https://bitlist.co
June 19, 2020, 06:35:35 AM
#77
Both BTC and ETH are better to use for payment,it depends on what is available to use in your wallet. But i always used ethereum because it has fast transaction and very low transaction fees compared to Bitcoin. Maybe the speed of transaction is depend on your area and internet connection.So,there is no problem about this two valuable digital currency because both are useful as payment method.
I usually use Bitcoin and ETH to pay my bills, but to be honest, when I use ETH to pay, I only spend a little time with it to complete the order. As for Bitcoin, I need to wait a bit longer, but it's not really significant
member
Activity: 909
Merit: 17
www.cd3d.app
June 19, 2020, 06:32:46 AM
#76
Both BTC and ETH are better to use for payment,it depends on what is available to use in your wallet. But i always used ethereum because it has fast transaction and very low transaction fees compared to Bitcoin. Maybe the speed of transaction is depend on your area and internet connection.So,there is no problem about this two valuable digital currency because both are useful as payment method.
member
Activity: 166
Merit: 12
June 19, 2020, 06:27:04 AM
#75
It doesn't make sense for merchants or vendor to accepts only Bitcoin, not all people will be convenient with Bitcoin, some will even prefer ripple or litecoin
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