Topic: Why people want ETH to over come BTC - page 52. (Read 6096 times)
Some of the users in this forum earning from airdrops and bounty campaigns. So they have some users and company connected in ethereum blockchain. Ethereum have s fast transaction and low fee so some users use ethereum for transfering money.
Of course many reasons why many users want ETH beat bitcoin, and if compared the speed then it can be ascertained that ETH is faster than bitcoin, while from the security side then all ETH wallet equipped with private key so easy to control ETH.
You know why? It is because so many bounty participants, including investors, who participated in bounty campaigns for the past months haven't earned money out of their holdings yet. This is because ethereum dumped so badly together with bitcoin and ethereum is mainly for smart contracts. Recently there were too many ICOs that use smart contracts.
I don't know why people say so much about those Bitcoin transaction fees.
A simple international SWIFT costs about 45 USD and 2-3 business days.
People do those SWIFTS and never complained. Now bitcoin offers a more secure method, which costs 3-4 USD and 20 minutes, and people are crying about "high fees" "old technology"
WTF?
Ethereum is cheaper because their network has not the same volume as BTC.
Don't you remember when cryptokitties flooded their network and they had high fees?
Personally, i don't worry much about fees. Now with segwit and lightning, everything will be much cheaper.
ETH doesn't have same volume as Bitcoin? what do you mean about that? number of transactions in Blockchain?A simple international SWIFT costs about 45 USD and 2-3 business days.
People do those SWIFTS and never complained. Now bitcoin offers a more secure method, which costs 3-4 USD and 20 minutes, and people are crying about "high fees" "old technology"
WTF?
Ethereum is cheaper because their network has not the same volume as BTC.
Don't you remember when cryptokitties flooded their network and they had high fees?
Personally, i don't worry much about fees. Now with segwit and lightning, everything will be much cheaper.
as far as I know Ethereum Blockchain is busier than Bitcoin Blockchain, the number of transactions in ethereum network is more than Bitcoin network, you can see it
Bitcoin: https://bitinfocharts.com/bitcoin/
Ethereum: https://bitinfocharts.com/ethereum/
In my opinion many people interested in Ethereum because of the ICO coin buy. I see Basically Ethereum transaction fee low cost.
I think the one who has been propagating this idea are only those major holder of ETH currency, while those common ETH users has been only influenced to strengthen their desire to gain more wealth, and in the same time making a use of them to spread and empowered this idea. Then again I can hardly blame them, who wouldn't want to be successful and earn more wealth?.
Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?
Some people are biassed when the time Bitcoin is the top of all crypto almost all people are happy, when Bitcoin is going in bad situation of price they felt that Bitcoin is not good, I hope people are happy what the crypto given to us let us support what they have to imposed their project when they are in a bad situation we help them to rise again not to campared whose the best. Because now a days we are all the benefitiary what the goal wanted too.
Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?
are the people expecting eth to be more worth or do they want it? Anyway I guess your answer might have to do with eth is easyer to handle in startups etc...
I doubt if it will ever happen. I say it's quite disrespecting to compare Ethereum to bitcoin or even think that Ethereum will overcome bitcoin. Bitcoin is one popular, promising and outstanding coin that can't be surprassed. Also bear in mind that just because Ethereum is mostly used by most upcoming ICOs yet, this won't make it possible.
I'm not sure about this, from my understanding people expect the ICO's to gain value. To attain the same ethereum needs to grow as majority were developed upon ethereum smart contract platform. Another thing is the difficulty in the mining of bitcoin, ethereum has less difficulty compared to bitcoin.
Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?
the reason behind some people want the Ethereum to over come Bitcoin in near future, because mew technology. most of the peoples who like this kind of over come they all are bounty hunter this what I think.
Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?
How did you know people want ethereum than bitcoin you can make a survey or where is your basis on that,
But anyways ethereum had a good investment but they can't over come the bitcoin in term of investment holding of bitcoin are can make good profits bitcoin as know are the first choice of people keeping their wallet as investment than ethereum.
The most common scenario that ETH is currently used is for ICO, and once the fad has passed, the value of ETH will decline!
People just want to make money from ico, which is why people like ETH!
Bitcoin is the preferred encryption currency for investment, and nothing can be surpassed.
People just want to make money from ico, which is why people like ETH!
Bitcoin is the preferred encryption currency for investment, and nothing can be surpassed.
They think that Ethereum is more useful than Bitcoin because of the tokens. These people could be investing in different kinds of tokens that's why they're confident with Ether taking over Bitcoin's position. Imo Bitcoin is still useful though and not a lot of merchant accepts Ethereum.
The block confirmation time of BTC is 10 minutes. Fastest this means that if using BTC for payment, you have to wait ten minutes to complete your transaction, and to be on the safe side you need to wait at least half an hour or so to confirm your transaction, if considering the network congestion, you may not receive all day BTC others pay to you.
ETH's packaging time is 12 seconds. The usefulness of ETH is bound to exceed BTC.
The scalability problem of Bitcoin is just temporary this won't be a problem in the future once Lightning Network is released. ETH's packaging time is 12 seconds. The usefulness of ETH is bound to exceed BTC.
Indeed, prices for altokoins grow and fall proportionally. Much intelligence is not needed to simply analyze graphics. All popular coins have very similar graphics. And it is hard to believe that the ETH will one day become more expensive than the BTC.
Those people are probably people who didn't have money for Bitcoin so they bought Ethereum when it had a small price and now they are waiting for it to overcome Bitcoin so they could make a huge profit. Others are just trolls or just hate Bitcoin for some reason or no reason at all.
The block confirmation time of BTC is 10 minutes. Fastest this means that if using BTC for payment, you have to wait ten minutes to complete your transaction, and to be on the safe side you need to wait at least half an hour or so to confirm your transaction, if considering the network congestion, you may not receive all day BTC others pay to you.
ETH's packaging time is 12 seconds. The usefulness of ETH is bound to exceed BTC.
ETH's packaging time is 12 seconds. The usefulness of ETH is bound to exceed BTC.
The price of Ethereum is very low now. So it's very easy for the new investors to inverse their money and buy huge amount of Ethereum. When the price of Ethereum had raised 800$,the people who had invested on 400$ will gain 100% profit.To get the huge profit from low investment,the people want ETH over come BTC.
Some think that Ethereum has more potential than bitcoin and that it has overcome some issues that bitcoin has. It has also a lot of potential to further develope in the future and to be more accepted in real life like bitcoin is.
Still I don't think Eteherum will take the bitcoin's place, it will remain at number two position and it will not achieve such popularity.
Still I don't think Eteherum will take the bitcoin's place, it will remain at number two position and it will not achieve such popularity.
Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?
Those some people that you think of, do have big minds thinking that Eth can surpass bitcoin which is absurd. For me bitcoin is more trustworthy to skyrocket than Eth but we can't really predict the future so if you believe in the technology that you invested in then just let your hopes fly and hold every coin that you think will perform this year and be able to profit more.
As with the others, as long as eth is still priced with bitcoin then I feel eth will be difficult to develop, other than they want to develop their own and release with bitcoin.
but I am very convincing it is hard to replace bitcoin yet many nice altcoins that the body is currently and well managed.
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