Bitcoin Forum

I know this forum is mostly about BTC but I do think we should have a discussion on the similarities & differences between BTC/EOS ....

First off EOS is NOT mineable... (mining is the current topic these days)

As we all know BTC has less than 21 million tokens...(deaths, lost passwords etc) ...GOod thing for its value but the decimal places though... EOS has 1 billion tokens... ::)

any thoughts?
 

Any thoughts on what? EOS was mostly a cashgrab as for the 4 years it's existed, with all the funding in the world they received through their year-long ICO, they barely created anything that got any traction at all. And for some reason it's in the #27 spot. There are far more better projects out there that at least does something compared to EOS. And don't even get me started on Cardano.

What thoughts do you want to hear?

It's no longer 2017, I have to admit that in EOS there is a lot of hype surrounding EOS, unfortunately, it didn't live on it's hype and it has been surpassed by a lot of new coins in the market. But it hasn't died down, still hanging maybe for some investors who still believed that EOS can really challenge something in the ecosystem. So I don't think we need to further discuss or even compare it to BTC.

If you count satoshis, you can have eight decimal places in Bitcoin, where in EOS only four decimal places. Therefore, in theory, Bitcoin can have more activities if let's say something can be priced with 1 bits or even 1 sats.

I had a high hope on EOS, but it was congested because of some airdrop, thus I ditched the coin. Going through setting up an account, staking RAM & PROC, was a painful experience. Account based system is inferior to the old, address based system IMO.

Number of tokens really matters? There are some projects with more number of supply than 1 billion so you will say that they are better than bitcoin?

The total quantity is not a big problem since the bitcoin itself can be divided into further and the minimum unit of bitcoin is satoshi.

Why do you think that? BTC and EOS are completely different crypto projects that don't have too many similarities. Why not compare Ethereum vs EOS if you already need to compare something?
I don't really have anything critical to say about bitcoin, other than one thing. I think there is one thing that bitcoin has a hard time competing on, and that's scalability.

What is there to compare anyway? I mean you will only compare two things if they are somewhat similar and different at the same time. You cannot compare for example a cheetah and a hare for being two fast animals. In the same way that you cannot really compare Bitcoin with EOS. You may compare EOS with other lowly altcoins but not Bitcoin. They are not worth comparing. What now if Bitcoin has only 21 million in total supply and EOS has 1 billion?

Bitcoin's decimals can be changed any time the community thinks it'd be a good idea to do so. It's not forever set to be 8 numbers after the decimal nor is the supply forever and immutably set at 21M coins.

Mining is a long debunked subject. Not even worth another debate. One thing is certain: there is no crypto that has been through the adoption levels BTC reached, and so before this happens, nobody can prove there's a better alternative really. Either we do the comparison at equal usage rates or it's without a sense..

What thought you're looking at? it seems that you fully understand the huge difference between bitcoin and EOS. Not just in terms of supply and its algorithms but also in its value. Are you torn between choosing which of them that you should invest in? if that's the case why you're asking the thoughts of everyone. There's no need to have that much discussion about why most people will prefer to invest in bitcoin and the market just got into correction so that's another factor for you to consider if you're thinking of buying. Well, you must do it now before it rises again.

1. EOS is a dApp platform while Bitcoin only act as a payment tools.
2. Bitcoin have bigger community than EOS.
3. EOS can grow bigger when the ecosystem grows, Bitcoin maybe have same opportunity with its 2nd layer.
4. EOS now have an EdenOS to have an Decentralized Governance system, Bitcoin didnt.
5. Both have opportunity to be adapted in financial system, EOS have take opportunity on Venezuela which have a hyperinflation, Bitcoin still hard to be since its slower and more expensive.

If we do consider on how many altcoins in the market then its no deniable that there are indeed good coins in the market when it comes to technicalities and other aspects then it is much better on Bitcoin itself in some key aspects but still demand was still stick to Bitcoin which is evident as we can see on overall market rankings and also i cant really deny that EOS is some of the most undervalued coins in the market where there are features which we cant really see on some projects currently in the market but well everything would always matter with the demand, no matter how good it is but if the
demand isnt there then you cant really see much off difference.

Comparing bitcoin to eos is bullshit in my opinion. EOS created a nice fomo when it first came out, and then they released a wallet. But the wallet they issued is so useless that it was officially designed so that those who invested in me would give up. I have been in the crypto money world for years, but even after years, I would not invest 1 cent unless they change their wallets. I pass Bitcoin alone according to eos.

EOS is only for the whales who can stake thousands of EOS and then earn daily with more than 100 EOS every day. How do you expect it to grow when those whales can all the time dump every day as well. If you are one of these stakers, you will like that kind of scam. Probably their favorite too since they can make transactions without a fee all because they stake for CPU, RAM and NET. But if you hold it expecting the price to go moon, its best to just hold BTC.

Here's a good site incase you wanna sell all your EOS, try this one eospowerup.io you don't have to leave any EOS in your wallet.

I find it funny with OP's thinking, I can't understand why BTC and EOS can be compared.
Perhaps before you ask a question, you should also think about what you want with that question because in the first place the problem you posed, even you yourself did not understand it.

They both have different features and capabilities bitcoin has a limited supply of 21 million while EOS has a billion or thereabout total supply running on it own EOS blockchain.

ok, let's stop comparing Bitcoin to EOS...

EOS is not a BTC killer but since it was created it is an ETH killer. EOS will not be able to beat BTC, Until now, EOS's ranking is still far below BTC because EOS is not very interested in the market.

Maybe OP you're basing on each situation in the market right now. Because EOS realy improve a lot while bitcoin still struggling. perhaps you still don't know how bitcoin very optimistic even though it always experience a bad times due to some factors around the internet.. And why you make comparison with EOS? in fact there's a bunch of coin in the market especially those top 10 crypto currency.. Btw EOS and bitcoin has a big differential so stop making comparison because it's very obvious mate and its nonsense,  its not about what is the situation right now because it's about which can really guarantee in the future..

Bitcoin can not compare to eos or even with ethereum or bnb as part of the altcoin.
EOS itself does not have a chance to against bitcoin because EOS follows where bitcoin moves.
Even if you say that EOS is a good project, EOS can not beat bitcoin, but EOS can beat the other altcoin.
So the altcoin will still be an altcoin, and bitcoin will remain still bitcoin and there is no altcoin that can compare to bitcoin.

They are both completely different projects, something you don't compare.

Any thoughts on what exactly! why would you ever think of comparing that project with btc! i don't even know what to tell you except it sound very ridiculous, i really do not know how EOS manage to get a price pump in this bull run because i was under the impression the coin is on a sick bed and majority of it's supporters already move on to better projects, because it was suddenly quite with the project, people hardly recommend it for investment options, but good thing there are differences in views and opinions,
@OP should compare EOS with other similar alts and not btc of all coins, they are very different.

Bitcoin would always be uncompareable when it comes to cryptomarket, just because you could see a potential in good coins doesn’t mean that it could overtake the bitcoin that easily. Bitcoin is the base cryptocurrency in crypto market, when we say blockchain technology the bitcoin is the center of attention of it. Also, not because the supply of the coins is too many doesn’t mean that it could be unstoppable.

I find this comparison completely inappropriate. First, they are two different worlds with different goals. Secondly, I personally believe that EOS is a big scam project that at the time was only pursuing a massive fundraiser, nothing more. The project has been on the market for many years and its development is dying for me.

they are totally uncomparable between BTC and EOS. BTC remains its position and highly fluctuated coin that is why they risky coin but more profitable in time. EOS now a days are slowly taken away by crypto users and traders because its value in the market is slowly depreciated which the project looks no development at all.

If you talk about the value of this year's price when compared to 2017, of course there is a lot of difference, this year some coins experienced movement, although some did not reach ATH, but there was an increase.
Different from EOS, not at all, like a coin that has no interest, even though EOS is a good coin to trade.

I think the biggest problem causing the EOS to be weak is the factors below.

Many investors and traders leave EOS and choose other coins that they think are promising.
It's hard to say, because so far there are many other coins, which have a lower supply and the potential for profit is promising.

And you just did the discussion. But for me it's the wrong comparison. Ethereum vs EOS could be a good one.
Ethereum - Smart Contracts and EOS - DApps
The problem is many users stayed with Ethereum just applying smart contracts that are user-friendly and I know EOS has the same goal to make life easier for developers. But I think the marketing strategy is what they badly needed.
Waves got a lot more hype when it was presented but it was also a fast decline, same thing happened with EOS. Did they try to keep up?

For thousand of coins existing , where did you get that idea to compare this to Bitcoin? EOS is just a trash coin that once made people believe of its good existence but ending up being a loser.

I remember also that there are many projects used this platform but now almost everything got out and use other platform because of no future from this project.

This is a Good sentiment to compare Ethereum instead of Bitcoin because they are not.

if you use the search function you will see threads about eos  like this as ex . https://bitcointalk.org/index.php?topic=5145834.0  and this topic you created is another addition . mining isnt the current topic these days but it was staking because there are complaints that mining uses more energy but staking can be a better alternative .
 that could be the advantage of eos over bitcoin but many people will still favor btc

EOS is of course a very popular cryptocurrency, but lately I have already forgotten when I saw that any cryptocurrency project would create its own cryptocurrency on the EOS blockchain, since there are other blockchains that are much more popular and better than EOS blockchain, therefore, news about EOS has not been seen at all recently, although large players are investing a lot of money in EOS and this already says something, and of course bitcoin is the most popular cryptocurrency and this is already enough to invest in bitcoin.

Yes, i have also heard that EOS is also very popular in gambling, which is probably the only comparison between EOS and BTC.
When i first saw OP comparing EOS to BTC, i was confuse, what is the comparison between these two cryptocurrencies, an underground and a heaven.

EOS vs BITCOIN Is this for real?  Did you think about it before comparing, and why bitcoin? It's too far by the way and it's really obvious also that EOS is nothing even when it comes to some alternative coins in the marker especially below bitcoin such ETH and along with some trusted projects in market..

You can't really compare EOS to Bitcoin in my opinion though, as it does not feature the same platform or experience usage performed?

I do not think that EOS is worth comparing with bitcoin because bitcoin and EOS are different. We agree that bitcoin can be our main investment and EOS can be the other investment that can help us make a profit in the short term. But bitcoin can become your short and long-term investment because the price can go up and down many times, so you can buy low and sell high.

I still have some EOS after I sold at a high peak, and I am waiting for the next rally for EOS but that if the price can increase high. If the price can not increase, I will buy EOS and hold it until the price increases again. But for bitcoin, I will hold it and not selling if I do not have an urgent thing. Bitcoin is worth to have and that is the main investment.

Even ETH vs BTC discussions were totally off the mark too I would say, we're talking about different algos, different users, different utilities. EOS would probably see ETH as the main network to "kill" but even BSC has overtaken EOS in that regard (and both are highly centralized too so even that's a more appropriate comparison).