Is ethereum still a viable alternative to Bitcoin? - page 5.

Ten98

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Quote from: izsara on January 01, 2022, 09:18:14 AM

Instead of saying BSC is a fraud, I prefer to say that the project in it is the problem, not without a real reason, because it costs quite a bit to create a project there, it's actually very easy, so a lot of it is misused by irresponsible people.
I still trust this coin to be a decent coin apart from eth and Sol and Matic for BTC alternative

BSC is completely innocent because it is a network that can be utilized by anyone who is able to develop a project very well, so if someone blames BSC, then he must not understand a mainnet.

izsara

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Quote from: livingfree on December 31, 2021, 06:19:29 PM

Quote from: izsara on December 31, 2021, 04:29:13 PM

Even though there are lots of people complaining about gas there, there are still many loyal ETH lovers and indeed this is very good to be recommended, especially to beginners who really want to save for a long period of time.
but maybe here it depends on the strategy for correction as it is now, long before this started I always kept my assets in stable coins not in alt. The reason is simple, because indeed they are more stable and almost move in small ways when BTC is experiencing a different correction from alt which incidentally follows the market, especially for the bitcoin pair itself.

That's true.

Although there has been a lot of new projects in ETH and BSC, it's that many are looking into BSC as becoming more scam projects being built.

There's still a lot of love given to Ethereum despite the fees. But someone who's looking for alternative still has to try investing in bitcoin.

Instead of saying BSC is a fraud, I prefer to say that the project in it is the problem, not without a real reason, because it costs quite a bit to create a project there, it's actually very easy, so a lot of it is misused by irresponsible people.
I still trust this coin to be a decent coin apart from eth and Sol and Matic for BTC alternative

bestcoins1

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2022 is a tough challenge for ethereum, many projects have left ERC and switched to BSC or Polygon so that it will make ERC usage will continue to decline, if they don't immediately bring ETH2 which is faster and cheaper I'm sure in 2022 ETH will be out of the top 10 ranking.

ETH is not just a coin like a meme or shitcoin bro, so ETH will not be easy to get out of the top 10 cryptocurrencies even though the new project developer no longer uses the ERC20 network for every new token and you can also see that BSC and Polygon are also built from ERC20 basically, so the use of ETH will still be among the rich people who continue to seek profit with ETH.

$crypto$

legendary

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It depends on how he wants whether he as an investor will look for options other than bitcoin and ETH or look for other alternatives but according to the coin as looking for profit but clearly these two coins have become top coins with very large capitalists.
I think bitcoin and ETH investment is good but for quick profits this is not guaranteed and what is clear to me is that altcoins will profit faster Bitcoin and ETH are more stable with very stable prices.

hello_good_sir

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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 don't think that it's fair to call ETH a BTC alternative.

It simply offers something completely different to BTC if you think about it - ETH is by nature a smart contracts protocol that allows people to do lots of creative transactions (although with the high gas fees it might not be that feasible).

BTC is a store of value and people are meant to hold for the long run, and transact occasionally.

leea-1334

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OP, why do you keep on insisting to open these types of pointless discussions? Ask something more useful, or at least provide a stronger platform for discussion.

You need to clarify a few things first,,,

For example, what does viable alternative entail? Alternative to Bitcoin as an investment? As a currency? As a blockchain network for smart contracts? What?

GreatArkansas

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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.

Most cryptocurrencies are not on a stable price, not only Ethereum and Bitcoin but for me, these 2 top market cap coins right now are much better than others especially in the times like this, in which we are encountering huge dumps. Because there is always a chance that these 2 altcoins got a low percentage of dumps compared to other altcoins especially for those mid to small market caps.

sumant

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I don't think so from beginning Ethereum has been a alternative to Bitcoin but now so many new project with new blockchains has come. Eth network are very expensive now to use for future transactions. Other blockchain are very advance and cheap so big channces are that eth will definitely out of battle now and i see that in future any project will take place of Ethereum. Other blockchains are BnB, Matic, Solana, and Tron. They are very cheap and easy to use.

Marykeller

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Ethereum price has been stable for quite some time now, hovering around $4k. Will, there be possibilities for it ascending to $7k as speculated? Now, it has many competitors that offer the same with lower transaction fees. For ethereum to get to her ATH is very slim, because of her competitors. Investors now prefer investing in altcoin like BnB, Matic, Solana, and Tron that is a bit cheap than ethereum

livingfree

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Quote from: izsara on December 31, 2021, 04:29:13 PM

Even though there are lots of people complaining about gas there, there are still many loyal ETH lovers and indeed this is very good to be recommended, especially to beginners who really want to save for a long period of time.
but maybe here it depends on the strategy for correction as it is now, long before this started I always kept my assets in stable coins not in alt. The reason is simple, because indeed they are more stable and almost move in small ways when BTC is experiencing a different correction from alt which incidentally follows the market, especially for the bitcoin pair itself.

That's true.

Although there has been a lot of new projects in ETH and BSC, it's that many are looking into BSC as becoming more scam projects being built.

There's still a lot of love given to Ethereum despite the fees. But someone who's looking for alternative still has to try investing in bitcoin.

izsara

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Even though there are lots of people complaining about gas there, there are still many loyal ETH lovers and indeed this is very good to be recommended, especially to beginners who really want to save for a long period of time.
but maybe here it depends on the strategy for correction as it is now, long before this started I always kept my assets in stable coins not in alt. The reason is simple, because indeed they are more stable and almost move in small ways when BTC is experiencing a different correction from alt which incidentally follows the market, especially for the bitcoin pair itself.

South Park

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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.

Like always there is not a straightforward answer for something like this, ethereum is a good coin but when a bull market starts it is better to be invested in bitcoin as that is where most of the profits are concentrated, however once you see the price of bitcoin becoming more stable that is when an altcoin season begins and it is more profitable to be invested in ethereum at that point, so now that both bitcoin and ethereum are stable I think you have better chances of making profits by being invested in bitcoin than with ethereum.

Tellek Garing

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Quote from: bittick on December 27, 2021, 04:58:46 AM

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

what will you advise for a new investor.

To be honest you can't sure whether both bitcoin and ethereum will still viable for the new investors it's caused by both already valued a lot and it's not all of new investors are having big wallet. that's why calling altcoin as alternative investment in this case totally make sense for those who can't afford to invest their money in bitcoin and ethereum. Ethereum is still viable as an alternative investment other than bitcoin but remember that each ethereum needs you to pay around 4k or even more. It's not all of new investors can also afford to buy this ethereum with a big quantity. Those who can afford to buy small quantities of ethereum will be only gettins small profit for their investment. it totally depends on how much capital that owned by new investors.

You are right most new investors will prefer to invest in newfound that can easily give them good turnover with small capital, Bitcoin is too expensive now for small capital so new projects are now the option available but again when you talk about stability then Bitcoin has more stability compared to that other coin.

bittick

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

what will you advise for a new investor.

To be honest you can't sure whether both bitcoin and ethereum will still viable for the new investors it's caused by both already valued a lot and it's not all of new investors are having big wallet. that's why calling altcoin as alternative investment in this case totally make sense for those who can't afford to invest their money in bitcoin and ethereum. Ethereum is still viable as an alternative investment other than bitcoin but remember that each ethereum needs you to pay around 4k or even more. It's not all of new investors can also afford to buy this ethereum with a big quantity. Those who can afford to buy small quantities of ethereum will be only gettins small profit for their investment. it totally depends on how much capital that owned by new investors.

adaseb

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ETH has been an alternative to BTC for years already it’s nothing new. Years ago people use to keep tether on the Bitcoin blockchain but now it’s almost entirely used on the ETH chain.

They have been in competition for a while with ETH and BTC maxis and critics. However if you are thinking of investing just keep in mind that both market caps are already high and leaves the room for profit very slim. The best time to invest in these were 2-3 years ago during the bear market.

o48o

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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.

It's not really "alternative" as they have build something completely different from each other. If you are looking for upside, you should look at the marketcap, and that has way more room to go then bitcoin. After eth 2.0 really starts to have an effect with speed and cost, eth will most likely flip btc marketcap. Before that it's just gambling with a coin that's too expensive to even use.

dunfida

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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.

Both are good since its #1 and #2 which means that it does have established support on the entire community and as an investor if you do look for quick profits then you can but via scalping since movement now

isnt really that much or simply the volatility but you could still snip out some if you are really that good on trading but there are people who do decide on on waiting up instead before getting
in which i would say that it is much more worth if having on this way.It isnt really that necessary to make a move if you are still unsure on where prices could
possibly go in next minute,days,weeks or months.

blockman

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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

Remaining in bitcoin and ethereum and as well as exploring into other projects. We're all free to do it and there's no restriction on what are the choices are and what must we should choose.

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

so what will you advise for a new investor.

Invest to bitcoin first and if they're ready to diversify, they should go next to Ethereum. But with the majority hopping into different altcoins because of those tremendous returns, they might bypass the advice.

crzy

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ETH is still doing great despite of the huge competitor in the market, many claims that they are ETH killer and yet they are still behind ETH so I think it still on a good position though I believe there’s a lot of good alternatives for BTC aside from ETH, a cheaper network and a faster one. I will advise for a new investors is to do their own research, and set up their own strategy.

Tellek Garing

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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.

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