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Topic: why not everybody sell their bitcoin and buy etherium instead (Read 1123 times)

legendary
Activity: 2674
Merit: 1226
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I would have thought that after all this time, and the hype about Bitcoin Cash and the hundreds of ETH tokens out there... we wouldn't see ETH shills. But here they come to prove me wrong.

Seriously? ETH is better because of smart contract? It's hardforking now because it needs to scale and wasn't secure enough for all the apps coming onboard. That's doing it backwards, but never mind.
full member
Activity: 490
Merit: 100
These are different coin with different function. Ethereum can not be compare with security of bitcoin. bitcoin is absolutely tamper proof! And is not easy to reverse, double spend  or decript bitcoin.
full member
Activity: 336
Merit: 107
Individuals won't offer their bitcoin for eth. Eth has been hacked such a large number of times, similarly as of the previous month there more than your fingers can check hacking occurrences that includes eth. That is so awful with respect to their notoriety, that is the reason individuals dithers to put all their cash there. You wouldn't have any desire to put all your cash in it with that kinda notoriety. So bitcoin is still most dependable as far as contributing and security. I'm not endeavoring to depreciate eth, on the grounds that I'm an eth speculator too I'm simply being reasonable on my judgment. Eth may have a major potential yet the security upsets it to outperform bitcoin.
full member
Activity: 266
Merit: 114
Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.
Because the present value of bitcoin is higher than ETH and BTC is the focus of attention in the market and everyone puts their trust in it.
member
Activity: 84
Merit: 10
ETH also suffers from the drag of all the ICOs cashing out. That's the downside of the
Smart Contract capabilities. More ICOs happen on your platform. And then they all convert
to Dollars or Euros which drives the price down. That effect is much smaller with BTC.
sr. member
Activity: 616
Merit: 250
Ethereum might be a good contender against Bitcoin but I would agree on the opinions of the majority here that bitcoin is and will still be King of the Cryptojungle. Some might ridicule the supposed claim of Cryptocurrencies that it is decentralized (look at what happened on some occasions that few people tend to control the strings), also worth looking that bitcoin might not be that decentralized as it may seem.
full member
Activity: 714
Merit: 104
Bitcoin and ethereum are still the best crypto-currency for long-term storage. There is no sense in translating all the bitcoins into the ethereum. I believe that it is necessary to keep some of your savings in bitcoin, with a significant part of it, and some in the ethereum. Bitcoin, in consequence of its great price, brings a greater profit than the ethereum due to the appreciation of the rate. This trend, apparently, will continue in the future.
member
Activity: 84
Merit: 10
Don't forget the pretty substantial spread in BTC vs. ETH price action.  Look at the two charts
side-by-side. Over the last 6 months, BTC has seen a much bigger rise in price that ETH.  That's
always going to keep people engaged, since their holding value is going up.
full member
Activity: 686
Merit: 100
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Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

First, everybody has their own mindset and strategy, we can push everybody to do something without their permission. Second, it's their money, you can't do anything about it. Third, maybe they has bad experience with buy etherium maybe loss or holding too long. Last one, ask to yourself if your analyze wrong and they were wright, should they follow you? Have a nice day.
hero member
Activity: 2128
Merit: 520
The principle that bitcoin already gather attention in an mainstream venue where ETH still trying to accomplish until ETH haven't supported by most of those business who already cater btc adoptions it still a big question whether we gonna transfer our btc to ETH but if ever things happen I will split my holdings too.
hero member
Activity: 2604
Merit: 816
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Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

maybe etherium is a better coin but don't forget that bitcoin price is tempting every people to keep their bitcoin so I think people will hold their bitcoin as long as they can. beside that maybe people will sell with small or limit amount because they know that bitcoin in future will be expensive and they waiting that time to sell. there is few people that thinking about better coin like ethereum or the other coins but they are only thinking about the price of the coin. the most expensive coin, they will save it and the other coin, they will save it too.
legendary
Activity: 1764
Merit: 1000
Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

because etherieum is a scam with insiders, polo and condesk pumps
sr. member
Activity: 404
Merit: 253
Etherium could fail miserably as an experiment. It's down a lot (the network lags/suspends) because it doesn't handle the situation of supporting all these crap erc-20 token distributions. It will hit scaling problems even faster than Bitcoin and it might just turn out that its model isn't sustainable.

Not even Vitalik would tell you that Ether is better than Bitcoin, he'd tell you they are both crazy risky investments and to buy stocks and bonds. (Something to think about) He has also stated that it's not meant to replace Bitcoin or serve as a currency.
newbie
Activity: 17
Merit: 0
I think it good Bitcoin has been around much longer. More time to get out the bugs and settle down from any problems. Ethereum is a newer and it is still working out some matters, which others have already listed. Dao hack was just one big one everyone know about already.
sr. member
Activity: 1123
Merit: 253
Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

If you base your argument on smart contract feature alone and are already a fan of Ethereum then probably the coin will always be heavier than bitcoin for you. But I am basing on the entire existence of the two coins, their features and acceptability, and bitcoin is number one for me.
newbie
Activity: 28
Merit: 0
I wonder the same. Yeah, there's flaws...but that'll get better over time. Buy now while there's skepticism.
full member
Activity: 518
Merit: 100
Etherium is a lot to appreciate in the long run I think.There's just a little bit of time.
full member
Activity: 238
Merit: 104
ethereum is not better than bitcoin, thats the main reason people not selling their bitcoins Smiley
its like to ask why people dont sell gold and buy silver, silver is better.
yes silver can be better in some cases
but gold has moree value, it has more demand and its harder to get.
thats the main reason .. the demand
full member
Activity: 238
Merit: 100
Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

ETH is a worthy contender of bitcoin but that doesn't mean that people will sell off their long term holdings and buy ETH at this price. I know many people have scored bitcoin at a very low price and they are already sitting on a huge huge profit. I myself bought first bitcoin at $450 USD and I am already making a huge profit.

However, ETH is a good coin and a lot of people have started staking that coin as well. Seeing the popularity of ETH, coinbase and Blockchain.info has integrated their platform with ETH. So I am holding both bitcoin and ETH now as an investment. But bitcoin, being a pioneer of the crypto currency, is not going to die anytime soon. Instead the recent price drop will give an immense opportunity to the investors like us, to purchase bitcoin at lower price. Selling off bitcoin is not a resolution. Instead invest in both to be rewarded suitably.

Its intresting how many adresses owns Bitcoins

sr. member
Activity: 1274
Merit: 252
Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.
Because everyone has different beliefs and bitcoin and ethereum have their own communities, we can't impose on this, you say we can't do anything with bitcoin because just holding it is profitable
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