Is ethereum still a viable alternative to Bitcoin? - page 3.

senyorito123

hero member

Activity: 1764

Merit: 505

#SWGT PRE-SALE IS LIVE

Quote from: Tellek Garing on December 26, 2021, 03:35:32 PM

Both ethereum and Bitcoin are at a stable price right now, ethereum still maintained its almost 4k price and bitcoin rely on around the 50k region but those investors looking for quick profits are looking for better options between the two so should one remain with Bitcoin or should look for another option like ethereum so what will you advise for a new investor.

I would advise them to take both eth and btc, so in the next rally they'll going to acquire huge gains in each respective asset. Quick profit won't be certain, that's only by chance to make it so fast as lucky as the whales. For small investors, we need to wait and be patient in order for us to achieve our goals.

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: bitjoin on January 13, 2022, 11:43:30 AM

~
Trade competition will encourage the Ethereum development team to improve the quality of the Ethereum network even more. They are well aware of the competition from BSC or other networks, which is why Ethereum developers upgraded ETH to ETH 2.0.

If the Ethereum team could solve the issues of high network fees they would have already done that by now and for the past one year we did not change in that situation. As you are aware that majority of the projects are migrating to other chains, so what will be the end game. Right now they are on the top of the list as they again hyped the market with the change of POW to POS and users thinking about making money by staking purchased a lot of coins and hence it was reflective in the price.

In the next 5 years we will see how the future of ETH would be as i am expecting a major change in the rankings.

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: bitjoin on January 13, 2022, 11:43:30 AM

Quote from: dEjAvOU on January 13, 2022, 10:59:58 AM

so I'm sure one day ETH will be out of the top 100.

Your belief is completely unfounded. Try to see the position of ETHEREUM in CMC, To this day, a BNB class coin has not been able to replace the position occupied by ETH. expensive and slow ETH network makes crypto asset users switch to BSC, CRO, MATIC or others, I can't deny it.
Trade competition will encourage the Ethereum development team to improve the quality of the Ethereum network even more. They are well aware of the competition from BSC or other networks, which is why Ethereum developers upgraded ETH to ETH 2.0.

Until now Ethereum is still the best altcoins, therefore Ethereum is still trusted by many people. Regarding the expensive and slow Ethereum network,
the development team is currently working on it, so we have to be patient waiting for the Ethereum network to repair. Even I don't hesitate to invest
long term in Ethereum, because I believe the future of Ethereum will be bright. But when compared to Bitcoin, of course Ethereum is still struggling
to beat Bitcoin's dominance in the market. I also know BNB to be a pretty tough competitor to Ethereum, and there is a possibility that if
the development team doesn't solve the shortage of Ethereum soon, in the future more and more Ethereum users will switch to using BSC.
But I believe the Ethereum development team is aware of this and will move quickly to fix the shortcomings of the Ethereum network.

bitjoin

hero member

Activity: 1372

Merit: 500

Quote from: dEjAvOU on January 13, 2022, 10:59:58 AM

so I'm sure one day ETH will be out of the top 100.

Your belief is completely unfounded. Try to see the position of ETHEREUM in CMC, To this day, a BNB class coin has not been able to replace the position occupied by ETH. expensive and slow ETH network makes crypto asset users switch to BSC, CRO, MATIC or others, I can't deny it.
Trade competition will encourage the Ethereum development team to improve the quality of the Ethereum network even more. They are well aware of the competition from BSC or other networks, which is why Ethereum developers upgraded ETH to ETH 2.0.

dEjAvOU

member

Activity: 532

Merit: 11

I think it's better to switch to BSC, CRO, MATIC or something else, the expensive and slow ETH network is slowly being abandoned by the developers so I'm sure one day ETH will be out of the top 100.

tarable

full member

Activity: 1258

Merit: 104

Bitcoin is much better than any coin. So far, if Ethereum is used as an alternative to Bitcoin, then from which side? whether in terms of price, volume or there is another side. we can see how Ethereum is currently developing in the market and a lot of people openly complain about Ethereum. from there I see that at this time it is not appropriate if Ethereum is used as an alternative to Bitcoin.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Quote from: Ararbermas on January 13, 2022, 08:39:43 AM

Quote from: Tellek Garing on December 26, 2021, 03:35:32 PM

Both ethereum and Bitcoin are at a stable price right now, ethereum still maintained its almost 4k price and bitcoin rely on around the 50k region but those investors looking for quick profits are looking for better options between the two so should one remain with Bitcoin or should look for another option like ethereum so what will you advise for a new investor.

you should look for alts if you really want to make quick profits because to be honest bitcoin and ethereum right now isn't suitable for that way since we are still at the bear market. Perhaps unless if you use futures trading because you can shorting despite of the situation.

That's wrong, when we are talking of a bear market, it's not only bitcoin will dump but the altcoins as well. In fact, looking at the history, bitcoin will dump but altcoins will dump more, so there's no chance you'll profit from investing altcoins, smart investors will choose a stable coin to prevent loses.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: Tellek Garing on December 26, 2021, 03:35:32 PM

Both ethereum and Bitcoin are at a stable price right now, ethereum still maintained its almost 4k price and bitcoin rely on around the 50k region but those investors looking for quick profits are looking for better options between the two so should one remain with Bitcoin or should look for another option like ethereum so what will you advise for a new investor.

you should look for alts if you really want to make quick profits because to be honest bitcoin and ethereum right now isn't suitable for that way since we are still at the bear market. Perhaps unless if you use futures trading because you can shorting despite of the situation.

cliber

member

Activity: 672

Merit: 10

umachit.fund

Quote from: kapalmabur on January 12, 2022, 01:44:46 PM

Quote from: cliber on January 12, 2022, 12:57:06 PM

Quote from: Silberman on January 09, 2022, 12:37:49 PM

Quote from: cliber on January 05, 2022, 03:30:13 PM

If the ability to invest in Bitcoin is due to not enough money or little capital, then Ethereum can be an alternative in investing. Binance Coin (BNB) can also because it is currently cheaper than Ethereum so it is more likely to be bought.

You have a point however many people only concentrate on the short term, after all the only coin that we know that it is going to exist for the long term is bitcoin and bitcoin alone, ethereum and the binance coin could be there but there is no guarantee this is going to be the case, and in that case then it is better to just invest in bitcoin now that you can do so for a reasonable price instead of investing in bitcoin once it reaches 6 figures during the next years.

Investing in Bitcoin is always better than others even though we also do not say investment in other types of Crypto is not good. Most people who invest in other types of Crypto in the short term are people who make trading the main activity in seeking income in my opinion. Different from those who choose to invest in Bitcoin in the long term.

We can also do both trading and investing long term,
as long as it makes a profit I think it doesn't hurt and if we talk about investing in Bitcoin of course it leads to long-term investments,
besides that we can also buy other top coins and maybe it will be profitable

What you have said is an open secret that as long as these activities can provide benefits to us, of course that is something we hope for. What do you think about the views of people who still think that trading can not only be done in crypto.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: cliber on January 12, 2022, 12:57:06 PM

Quote from: Silberman on January 09, 2022, 12:37:49 PM

Quote from: cliber on January 05, 2022, 03:30:13 PM

If the ability to invest in Bitcoin is due to not enough money or little capital, then Ethereum can be an alternative in investing. Binance Coin (BNB) can also because it is currently cheaper than Ethereum so it is more likely to be bought.

You have a point however many people only concentrate on the short term, after all the only coin that we know that it is going to exist for the long term is bitcoin and bitcoin alone, ethereum and the binance coin could be there but there is no guarantee this is going to be the case, and in that case then it is better to just invest in bitcoin now that you can do so for a reasonable price instead of investing in bitcoin once it reaches 6 figures during the next years.

Investing in Bitcoin is always better than others even though we also do not say investment in other types of Crypto is not good. Most people who invest in other types of Crypto in the short term are people who make trading the main activity in seeking income in my opinion. Different from those who choose to invest in Bitcoin in the long term.

We can also do both trading and investing long term,
as long as it makes a profit I think it doesn't hurt and if we talk about investing in Bitcoin of course it leads to long-term investments,
besides that we can also buy other top coins and maybe it will be profitable

cliber

member

Activity: 672

Merit: 10

umachit.fund

Quote from: Silberman on January 09, 2022, 12:37:49 PM

Quote from: cliber on January 05, 2022, 03:30:13 PM

If the ability to invest in Bitcoin is due to not enough money or little capital, then Ethereum can be an alternative in investing. Binance Coin (BNB) can also because it is currently cheaper than Ethereum so it is more likely to be bought.

You have a point however many people only concentrate on the short term, after all the only coin that we know that it is going to exist for the long term is bitcoin and bitcoin alone, ethereum and the binance coin could be there but there is no guarantee this is going to be the case, and in that case then it is better to just invest in bitcoin now that you can do so for a reasonable price instead of investing in bitcoin once it reaches 6 figures during the next years.

Investing in Bitcoin is always better than others even though we also do not say investment in other types of Crypto is not good. Most people who invest in other types of Crypto in the short term are people who make trading the main activity in seeking income in my opinion. Different from those who choose to invest in Bitcoin in the long term.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: cafucafucafu on January 09, 2022, 04:40:11 PM

Will ETH ever surpass BTC's market cap? I personally do not think so.

However, it is undeniably more useful compared to bitcoin in the sense that it supports smart contracts and whatnot, but that doesn't necessarily mean that it is a better currency per se.

Bitcoin is still the premier reserve currency in the crypto industry, and not a lot can be done to change that due to its first mover advantage.

Another aspect that makes impossible for ethereum and any other coin to surpass bitcoin is even more simple than that, all of them are using the blockchain, a concept developed by satoshi, so even if all of those altcoins have different functions at the same time we need to consider why a project that has borrowed so many ideas from bitcoin is going to surpass it? And the truth is that there is not a logical reason for this to happen.

Tellek Garing

full member

Activity: 854

Merit: 130

Quote from: peter0425 on January 10, 2022, 03:39:53 AM

I was wondering why it is always Ethereum that being advised to use aside from Bitcoin when there comes a time that Ethereum Fees is almost the same as bitcoin ? when there are tons of networks we can use with cheaper and speed transactions?

sorry for those ethereum supporters (i am one of those but i know where to use and when to stop ethereum)

Quote from: ?? on ??

There is no doubt that ethereum is the second most powerful coin after bitcoin, the potential of Ethereum will continue to grow due to the limited amount of stock and great demand from users and developers who develop ethereum. and I don't hesitate to make ethereum the first choice.

What development are you trying to say? because what I believe is the recent promise of Ethereum 2.0 is still hanging on the air?

As viable as ethereum the problem of its high fees and network congestion has brought a lot of drawbacks to its market, the ethereum 2.0 was supposed to solve ethereum scalability challenges but until now no positive result has been seen in that direction.

peter0425

sr. member

Activity: 2618

Merit: 439

I was wondering why it is always Ethereum that being advised to use aside from Bitcoin when there comes a time that Ethereum Fees is almost the same as bitcoin ? when there are tons of networks we can use with cheaper and speed transactions?

sorry for those ethereum supporters (i am one of those but i know where to use and when to stop ethereum)

Quote from: ?? on ??

There is no doubt that ethereum is the second most powerful coin after bitcoin, the potential of Ethereum will continue to grow due to the limited amount of stock and great demand from users and developers who develop ethereum. and I don't hesitate to make ethereum the first choice.

What development are you trying to say? because what i believe is the recent promise of Ethereum 2.0 is still hanging on the air?

cafucafucafu

hero member

Activity: 812

Merit: 509

Will ETH ever surpass BTC's market cap? I personally do not think so.

However, it is undeniably more useful compared to bitcoin in the sense that it supports smart contracts and whatnot, but that doesn't necessarily mean that it is a better currency per se.

Bitcoin is still the premier reserve currency in the crypto industry, and not a lot can be done to change that due to its first mover advantage.

Benefactor

hero member

Activity: 1260

Merit: 504

We are for the most part allowed to do it and there is no limitation on what are the decisions are and what must we ought to pick. Instability however you could in any case clip out some assuming you are actually that great on exchanging yet there are individuals who really do settle on holding up rather prior to getting.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: cliber on January 05, 2022, 03:30:13 PM

If the ability to invest in Bitcoin is due to not enough money or little capital, then Ethereum can be an alternative in investing. Binance Coin (BNB) can also because it is currently cheaper than Ethereum so it is more likely to be bought.

You have a point however many people only concentrate on the short term, after all the only coin that we know that it is going to exist for the long term is bitcoin and bitcoin alone, ethereum and the binance coin could be there but there is no guarantee this is going to be the case, and in that case then it is better to just invest in bitcoin now that you can do so for a reasonable price instead of investing in bitcoin once it reaches 6 figures during the next years.

cliber

member

Activity: 672

Merit: 10

umachit.fund

If the ability to invest in Bitcoin is due to not enough money or little capital, then Ethereum can be an alternative in investing. Binance Coin (BNB) can also because it is currently cheaper than Ethereum so it is more likely to be bought.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: Fesatmas on January 03, 2022, 02:03:03 PM

Quote from: ?? on ??

Ethereum is helped a lot from projects that continue to develop ERC-20 such as Exchanges or NFT, for the use or direct adoption of Ethereum continues to decline, this is because of the many complaints about transaction fees and of course the speed continues to decline compared to other platforms.

Even though in terms of usage through the new project the Ethereum network has fallen into disuse, it is clear that Ethereum will always be good for trading and will remain in a very good position for the future, so there is no particular reason to hate it now.

It is true that Ethereum will always be the most powerful alternative after Bitcoin. It's just that we can trade it on the exchange, not recommended for DEX. Better to avoid crazy fees and hold them on Exchange. Although many people will disagree about holding Ethereum on the exchange for too long. As long as you hold the key securely, it's fine. The next candidate who is often an alternative for me personally is of course Solana, who is also predicted to be the forerunner of Ethereum in terms of development and in terms of low transfer fees.

Although Ethereum still has some drawbacks, but compared to other altcoins, I think Ethereum is still the best. So indeed for now Ethereum is
the most recommended as the best alternative to Bitcoin. It's no surprise that Ethereum's performance will also be extraordinary in 2021,
even I managed to get a big profit from Ethereum. Because Ethereum is a good altcoin for long-term investment. Apart from Ethereum,
there are other altcoins that I recommend as an alternative, one of which is Solana, which is starting to steal the attention of investors.
Because Solana's performance did show a significant increase and Solana's demand was also quite high, so Solana deserves to be considered as
a good investment alternative too. It turns out that I have the same taste in coins as you.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: JeffBrad12 on January 03, 2022, 01:56:05 AM

Quote from: Tellek Garing on December 26, 2021, 03:35:32 PM

so what will you advise for a new investor.

The new investors should never try to take a look at ethereum and bitcoin. Both are very difficult to increase without the help from the big money to come in. I see that even some companies are still buying more and more bitcoin but remember that with billion marketcap and bitcoin needs to do another halving to double its price. Bitcoin and ethereum are good coins are these moments but as a new investor and it's better to stick to the altcoins.
Remember that when bitcoin and ethereum can't give the users passive income like what altcoin did. Ethereum is the best altcoin at this moment but remember that both are not suitable anymore to be used as an investment for newbies with small amounts of money in their pocket. The best altcoin will always be viable to be an alternative investment when people are thinking the price of bitcoin is too big at this moment.

While it is true that someone cannot any longer come to this market with 100 dollars and invest in bitcoin and become a millionaire, as it happened at the early stages of bitcoin, we need to think about what is the alternative for those newbie investors with a low amount of capital? And when I see the market of altcoins in general it is not like we have a bunch of new and exciting projects that have the same potential of bitcoin and ethereum appear every year, the risk you are taking by investing in those coins is too high, and to me that is reason enough to disregard the thought of investing in them and instead invest in BTC and ETH.

Topic: Is ethereum still a viable alternative to Bitcoin? - page 3. (Read 748 times)