Bitcoin Forum

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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?

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.

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.

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.

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.

Yeah but small investors didn't even look for it. They are wanna to multiple their money in a short time. that's why the small investors are also using the meme tokens as a way to gamble their money and make it becomes multiple times in a day or even hours.

Can you expect the price of bitcoin to be doubled in a short time? Bitcoin has more than 1 trillion marketcap. The new investors have been motivated by so many big influencers that started with nothing to something.
The only problem is small investors are going so crazy to invest in the meme tokens and this is also making more and more scammers to come to the cryptocurrency.
I do believe small investors will never search an investment opportunity with so many marketcap

you are right mate,,,!!!
now there are many new blockchains emerging like the ones you mentioned BNB, MATIC, SOL, and TRON, but can you see they are competitors and can threaten the popularity of ethereum, even though ETH has a fairly high transaction fee, but currently ETH the more is growing, and is still used by most crypto users, why is that? because ethereum is an alternative investment from BTC, I think if a network is used with a large capacity the network costs will increase, maybe this will also be experienced by BNB, MATIC, SOL, and TRON someday.

If you are looking to invest, my advice would be to wait for a correction before leaping in the market, right now the market is soaring at an all time high valuation and i would not advice anyone to invest now. Wait for the market direction to have a clarity on taking any decision. When it comes to ETH, the developers are struggling to find a solution to sort their scaling issues and until that is sorted, even their future is at risk as more projects are moving to alternative networks.

I'm sure bitcoin will remain at the top but I'm unsure with ETH as there's good competition in the altcoins market. Being stable is not a thing in crypto, when the bear market comes, everything will dump including bitcoin and it's just a matter of how they'll survive and on how huge the dump will happen.

In terms of a payment system, bitcoin is way better now as you can transact with lower fees compared to Ethereum.

You are right. It will not be surprising if ethereum will be replace from its position in the future due to its own issue having a high transaction fees. And since the altcoin market a lot of projects have been emerging every year, and if it happens that there's another smart network that has low transaction fees and seems reliable, i think most of the projects will grab for it.  But i also hope that ethereum's issue will be fix already as its hard to trust another network which has gained already a strong foundation.

you can do both actually if you can't decide where to invest mate and since you're new it's good decision to rely on both coins in my personal opinion wherein to prevent risky situation..but when it comes gaining quick profits probably impossible, i mean you can't get good return because they're worth holding for long term only. Unlike alt coins that literally making hypes especially if it's new one. But too good to be true when it comes investing and yes bitcoin and ethereum still a very reliable option than other alts in the market.

I doubt ETH will flip BTC marketcap seeing that only a few institutions express their interest in ETH but there are speculations that ETH will rise up to $20K. It will be hard to see that ETH will be on top of BTC because of its total supply which if they are going to move to POS soon, there will be a chance that it could trigger a bear market. But this is still just what they are speculating. If memory serves it was in the Savvy Finance youtube channel that I heard of it while BTC will go going to $250K.

Even you mentioned the high gas fees of Ethereum and the entire investors are waiting to see a solution for the scaling issues they are trying to sort for over an year. They are changing their consensus algorithm and has created a hype in that aspect but how long it will take for them to sort the scaling issues is still a debate. Unless we see a clarity on that aspect i would not advice anyone to invest when the price is already rallying at an all time high.

Projects started on the Ethereum network are migrating to alternative networks because they are finding it hard to convince the investors who invested in their projects to carry on with Ethereum network and you need to take all these situations into consideration while investing in it.

Since it seem you are only interested in the profits you can get and nothing more then it could be a better idea to invest in altcoins that do not have such a huge market cap, you will be taking a greater risk than if you invest in BTC and ETH, but that is to be expected if you want to obtain higher profits than what those two coins can reasonably give you, that being said you need to be incredibly careful as if you happen to invest in the wrong altcoin and you do not have a good investment strategy you could lose whatever you invest in it.

I would say it would be good if they only focused on altcoins, by the way, I totally agree with what you said. The first investment should be bitcoin, alternative investment, ethereum. Beginner novice traders buy ridiculous meme tokens or useless NFTs to make big money and expect 10x - 100x gains, it's really impossible to find these gains in one go, the probability is very low, they completely leave the market when they lose their assets. Then, when they see the rise again, they enter the market again, it's always the same scenario.

Why find another alternative to ETH when it's the closest alternative of Bitcoin, perhaps you could try BNB too since it's following the trend of Bitcoin. Although, I have a doubt about that coin though since it's gaining too popularity due to NFT and what if NFT gone all of a sudden just like the ICO before?

Well, better invest in Bitcoin or Ethereum if you really want to secure your profit since we are still in a bull run. I'm sure Bitcoin in the long run will give us much more profit than what we expected.

Meme coin on the other hand is just for short term investment to me since we all know how Musk play the market within its hand. Take a profit as fast as you can or while you can because I believe in no time Musk will just leave it again just like what he did to Bitcoin.

For me, bitcoin and ethereum are definitely perfect pair already so there is no way i should doubt ethereum as it has a very strong foundation too next to bitcoin. Although it has its own issues that until now is not yet resolved, but investing in ethereum is also worthy as its price has gone too high already for an altcoin. And as bitcoin keeps dominating the market, when it reaches a new ATH then its always expected that ethereum too will be influence by bitcoin and will always follow the upward trend of bitcoin.

I think Ethereum's position is still strong and in 2022 there is still a chance to skyrocket again, although many developers are running because transaction fees are expensive and getting slower but the other side is that only real projects that have large capital will be on ERC so investors don't hesitate to invest in the network Ethereum.

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.

It looks like it will. The more the price of bitcoin rises, the more difficult it will be for its holders to make a profit, because it will be much more difficult for him to increase the price several times, as it was before. In this regard, ethereum still has a large reserve, since its price is relatively low. In addition, altcoins are developing quite quickly and attract investments that were previously usually intended for bitcoin. In this regard, the level of his dominance is steadily declining. Already, the dominance of Bitcoin is 39.6 percent.
If the ethereum network upgrade succeeds, the popularity and value of this coin will skyrocket. Therefore, I am investing more in ethereum for now.

This issue is as old as hills. Bitcoin is truly a decentralized coin with anonymous creator while that's not the case in ETHEREUM, it has a founder that is still known and the blockchain is maintained by a team of developers. So I dont think Eth is an alternate to BTC. Right or wrong these are my few satoshis.

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.

Other competing networks with ETH, will need to catch up on how far the ETH has already influenced the market. But we always welcome new networks as we will have better options to choose from. If the gas fee problem will continue to exist, more than likely, these new networks will be utilized heavily by users. Because up until now, the gas fee problem is a burden for most small traders. The fee is fine if you are a whale or big trader but you will be bleeding if you are just a small one.

You are right many ethereum traders hard hope that the transaction fees on the network will be solved from the latest London hard forks but until now the ethereum 2.0 network still witnesses high fees, this is why the new networks are for searched for by many small ethereum users. I just hope this issue of high fees in the ethereum network will get solved soon, if not lots of ethereum network users will start looking for alternatives from the new networks of chains with relatively low transaction fees.

Yes Etherium has high usecase and we seen 3 airdrops already who airdropped 20-50% tokens to all users who have done Etherium transactions and spend some fee there. Many new project looking for Etherium due to high privacy amd security.
Analysis says that Etherium will overvome Bitcoin in long race. Let see what happen. Etherium Dominance is increasing day by day . if it reaches 30% thats will be huge for Etherium.

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.

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.

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.

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.

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.

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)

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.

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.

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.

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.

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.

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.

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.

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.

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.

Polygon is a good choice and so far it certainly won't be bad to be an investment because considering that it is still at the beginning of the year and who knows Polygon will continue to improve this year so choosing it now is the right thing.

Looks like you have to go to the hospital to check whether your brain nerves are still healthy or not :D
Because ETH has never been abandoned by the developers themselves and to get out of the top 100 is a dream that will never come true, because until now there hasn't been a single Altcoin that has been able to shift it in the second rank #think

Ethereum still has good potential to be a profitable coin, I'm sure that the price of ethereum can go up to 10x someday and we will get big profits by being patient to buy and hold Ethereum.

it's not easy just Ethereum will get out of the top 100 bro. So far, many people have complained about Ethereum because of the expensive transaction fees, but if it is calculated when the Ethereum price is far below the current price, the comparison is the same.

Exactly. There is no room for quick profits in crypto as most of the huge profits are earned from long term hodling. And if you are new to this market, i would advise too to invest in bitcoin and ethereum as they have high potentials that they will be more valuable after this correction or once the market has recover from the price dumps.

However, if you wish for quick profits, invest in them and hold them in just a short period of time. But you should be good in short term trading so you can be capable of making them profitable.

Ethereum is a old and good coin , But viable alternative? there are so many coins that does not have too much Gas fee when the price starts to increase so why would use ethereum over bitcoin and altcoins?

if you are afraid of high fee from bitcoin then you are also having the same for Ethereum so best to try other coins instead.

He is asking about ethereum being Viable and not to be a potential coin to invest with because it has been proven that ETH is a good investment at all.

I remember price of Ethereum in the past and now it almost reach 5k .

I think ethereum is still an altcoin that has great potential to be a viable alternative to bitcoin, because ethereum still has criteria that can provide huge profits for its holders, but at the moment we have to be patient to see ethereum grow again because at the moment the crypto market is still very sluggish , although eth has large gas costs but it is not a scourge for big investors to keep holding ethereum.

Ethereum is always profitable currency , I will never trust this if i don't see potential of making double the value now in the next couple of years.

while bitcoin had already stablished the position for many years and still making insignificant climb every other years.

So yes Ethereum still Viable alternative to Bitcoin as what i believe.

Solana Would be the Viable coin to be alternative from Bitcoin , I may have saying this early but I have belief in this coin than Ethereum , because ETH has done enough and yet not working that best for the interest of its users.
for how long yet still pending the release of the new update of 2.0 version?

In the last week the market movement has been negative and ethereum is an investment that experienced a drastic price drop, even I saw on coinmarketcap that ETH in day trading was actually 4.46% and the price stayed at $ 3,215.06, even down in price by around 5.14% in a week, of course the current price decline could be our chance to buy ETH, I think if ETH can reach the price resistance level at $3,500 of course the price will probably recover quickly within the consolidation range.

yep, they are still viable but maybe now they are an option and one of the few alternatives, there are some competitors (in my opinion) in the market like bnb or other rising coins like sol, cardano and even polygon.
but ETH is still ETH. They will be one of the decent coins to be an alternative to Bitcoin.
even though many complain about gas for which there is still no right solution but still ETH is still the top choice

It has always been one. ETH is not just technologically improved version, but it is also a big one even with the gas fee problem. I mean imagine how big it would be without the gas fee problem and that is not technologically impossible to fix neither, so one day it will eventually be fixed. However, even before it is fixed, it still gets billions of dollars of movement all the time.

This is why I love it so much, it is so big and yet still has a huge potential. I grew my ETH holdings in my portfolio in the past year, it is definitely one that I am looking forward to see higher. 2.0 is around the corner for sure, don't know when it will be, but it will surely be at a good level and by that point 2.0 will take it to another level.

Compulsion is a bad thing and even I personally also very often ignore it when I see Gas transaction fees that don't go down and often increase.

Eth 2.0 is a good hope for every Ethereum user but it hasn't arrived yet and even if it does, I'm sure the effect on the transaction Gas fee will also not be too big which means the problem with Gas fees will only change in a very small number

For the release of version 2.0, everyone is still waiting for it, of course,
I don't think there's anything we can do other than to be patient and wait for it, even though there's no certainty.
the most important thing is to follow the progress

Yes, Many cryptocurrencies have great potential and have allowed their investors to make huge profits in 2021. BTC and ETH have seen their highest prices this year but their prices are currently much lower so Polygon MATIC is going to be much better this is considered an ETH option.

Yesterday I managed to get a transaction (regular send of ERC20 tokens) for 99 gwei. Suggested was around 120 but I didn't mind waiting. Took 6 hours, but it wasn't urgent so I was happy to save about 20% which right now is about $8, not too bad.

I think if more people also sent low priority (or even edit to make it below low) on non-urgent transactions, we would help keep fees low.

Personally, I see no reason to sell BTC in order to buy ETH in return. If you have already bought BTC, then it is better not to sell it, but also buy ETH, then you will own two promising cryptocurrencies. But if you would like to have one cryptocurrency, then in my opinion it is best to leave BTC, since BTC in my opinion has a better chance of increasing its price in the future. However, if you are a pro in cryptocurrency trading, then you should probably sell your assets for a while and buy those that are now showing a lot of price volatility, which will allow you to make a big profit.

Even if technically anything can happen in the world of cryptocurrencies I find this difficult to believe, I mean most of the time the reason other blockchains are faster and cheaper than ethereum has nothing to do with the technology and it has to do simply with the level of adoption between those coins, once those coins reach a level of adoption similar to what we see in ethereum then we are bound to see the same problems emerging, so I doubt ethereum is going to be out of the top 100 as easily as you think.

Even with that, we are talking about 8 bucks, and 6 hours of waiting time. Do you think that is a proper transaction? I mean if your bank asked 8 bucks for transaction that takes 6 hours, you would be furious and call up your bank and argue with them and even seriously consider changing banks if that was the case each time around. I do not know other nations banks and their movements but in my nation it is free for me to send money and takes no time for inside the nation, and yes it is more expensive globally and takes longer but at the very least if I am sending somewhere within my nation it is free and nearly instant.

Crypto doesn't have that, if we are dealing globally then it is cheaper, but if we are sending to our friend sitting next to us, it is the same cost as sending to someone living in another nation. This is why it has to get so much lower, 8 bucks and 6 hours doesn't really work at all.

I wouldn't say cheap, I'm not thinking in terms of even dollar to fiat conversion as where I come from, $8 is a stupid amount of money to pay for a transaction. Even sending Western Union will never cost as much as that. Problem is the need to use it because some places insist to use ERC20.


Dude, I'm not defending Ethereum here at all. I don't know why you think I am when clearly I was sharing, and in my past posts I'm not even happy (who the hell is happy paying that much for fees, and that's "low" now).

No matter other alternatives, BSC blockchain is getting popular despite the increasing network fees. Looks like Polygon has lower network fees. While we have more of other products, they are still in shortage range with low coverage. BSC chains are used everywhere else. Every project implements a bridge mechanism to get rid of expensive network fees and move onto another chain, so that users may experience reasonable fees.

Ethereum is also having a price decline right now but i can see that its price never fall below $3k so its still bullish for me. Although it has its own issues that until now are not yet resolved, but for me there will be less chances for ethereum to be removed from the top coins in the market since its still giving convenience to all its users, and its demand has never been lost. So i still see ethereum being viable alternative to bitcoin and it always comes next to bitcoin.

Despite the recent slight drops in prices, I believe that Bitcoin and Ethereum are still a very stable investment when it comes to the cryptocurrency market. If someone likes higher risk, of course, he can try his luck by investing in less stable cryptocurrencies, but he must be avare with the fact that he has the same chance to earn a lot and lose a lot. I think the best solution is to invest partly in BTC and ETH and some in more risky altcoins.

It is not easy to calculate where it is going right now because even though it is still used a lot, there are also a lot of people who stay away from ETH because of the gas fee situation. I am 100% sure that if the gas fee was under 1 dollars, then we would definitely have a lot of people using it, we already have a lot but there would be even more that uses it. However, the reality is that since ETH is used so much because of the gas fee, that causes people to buy it, and then spend it on the gas fee, if you make it lower than people would participate in projects but since they do not need ETH too much, they will not buy it too much.

So, while gas fee causes some people to stay away, it also causes many people to buy ETH and increase the price indirectly. I do not know which one would be better for ETH, getting more people involved or having a bigger utility with gas fee?

Er, no. I have non-urgent transactions all the time. Transferring wallet to wallet, just keeping things neat and managed. It can take 1 hour or 1 week, I have no problems at all waiting.

And about not expecting transactions to take a few hours? If you've used Ethereum before and are still surprised with fees when there's everything to help you out and even Speeding Up options, then you really need to pay more attention.

I agree. Investing in both bitcoin and ethereum can assure us that there will be more gains compared to losses. In fact, we won't be losing if we don't sell them at a lower value. So hodling them both can still be profitable in the long run. But i suggest, invest in bitcoin with a higher allocation since its always reach a limitless price, and ethereum which is always next to bitcoin.

It's better to invest in already established coins e.g Bitcoin, BNB, and ethereum rather than risking your capital on meme coins that will only give pumped profits and if you are not smart enough to cash in on the pump market it drastically crashed back to nothing, ethereum price may be down now but I believe in it potential to rise soon so I can invest 60% of my funds in ethereum and the rest 40% in other coins.

if you really want to look for other investment options besides Bitcoin then just choose avax or solana because both of them are slowly starting to be attracted by developers, many big projects will appear on the solana and avax network, of course it will make the price soar.  ethereum is like a leech sucking blood and until now they still haven't been able to solve the problem of the gas fee which is too volatile.

Well, too bad for ethereum. It's not impressive but everyone isn't willing to sell their ethereum and replace it with another altcoin that's emerging like those that you have mentioned.
But if somebody wants to invest on it, there's a way of doing it and that's through buying with your another budget which comes from your fiat or any other investment.

wrong bitcoin and ethereum never did become an stable currency, yeah there are chance that the price is staying a little but surely it moves at least per day so it wasn't stable at all.

But asking if Ethereum is still viable alternative to bitcoin? lol there are many good altcoin that can be alter bitcoin why need to be ethereum when the gas fee of this coin increase so high when there are congestion ?

Diversification is a very useful tool or method when it comes to investing in the crypto community. Investing in Bitcoin is a good move as it is trusted and has the leading strength and trend of the market, while making other options in the Altcoins section that can be of good returns for the long run. Etherium is and has been on the second position in the crypto leaderboard, with lots of competitors all around, but not able to swing it of. Etherium is the head of all altcoins (maybe based on position in the leaderboard and market capitalization and supporters), but with lots of competitors. Etherium is good, the addition of other coins like SOL, BNB etc are profit driven in the market.

although ETH is ranked second after bitcoin, but in my opinion there are other coins that can be used as viable alternatives to bitcoin, including binance, and solana, where these coins have a very large market capitalization and popularity, besides that the network  connections his very fast with gas costs that are still very small/affordable.

Meme coins have no place in the market right now especially that most of them have been affected by the unstable market condition. So let's focus on bitcoin and its viable alternatives. Honestly, despite of ethereum's high gas fees, i still don't have the nerves to remove ethereum and replace it with another altcoins. Maybe because its still more secured and worth the investment for me. So im still convinced with bitcoin and ethereum as my top investments this year.

There is a lot of blood from which the ischaria girl gets a lot of help which is known to be directly received by the development user like erc20 like exchanger or NFT.
erc20 gas is declining its scholars a lot day by day to increase its popularity I think everyone will use it if it is a little less

 Look at what bitcoin is and now look at Ethereum. Ethereum has many barriers BTC doesn't have. The major barrier is gas fees. Also, people are looking at the store of value. ETH doesn't have a cap on how many ETH there can be while BTC does. But those are only a couple things.
It is still possible that it hits 40k

Bitcoin and altcoin are two different coins e.g ethereum as you mentioned have its disadvantage and advantage over Bitcoin, the ethereum blockchain may offer more flexible services compared to Bitcoin but again when you talk about gas fees and supply ethereum can not compete with Bitcoin on that. So many upgrades that are not possible with the Bitcoin blockchain can easily be done using the ethereum blockchain which makes it the top choice for new developers looking for ways to interact with the network.

I wouldn't say alternative.

Bitcoin is like digital gold, a store of value for the people.

ETH is like digital oil, a way for people to make transactions trustlessly on the blockchain and with smart contracts. They simply serve two very distinct and different purposes, and have coexisted for the better half of a decade now. It doesn't really matter to me whether or not the flippening occurs - I hold a healthy dose of both.

That is a thing that could be solved though, that’s the problem. BTC does have a fee problem as well, or at least did have it but the legacy is not used anymore, hell even the initial segwit addresses are not used anymore. We used to use addresses that started with 1... then we moved to 3... and now we have like bc1... type of addresses. That should tell you all you need to know about the current situation.

I do not know if that would be good enough or not, but I believe that we should not be really caring about the current gas fee problem in ETH because just like how BTC changed its situation by using alternatives, ETH could also do that in the future.

If the question is for now, the answer is Yes.Untill BNB price had reach of 1000$ or 2000$.It won't became an alternative for Ethereum. Now the Binance Smart Chain was became a mode of transaction.It allow both the Usdt, BNB and BUSD transaction via the BSC. Now the price of bitcoin had reached some pump, the same was reflected in the bitcoin. The second position in the cryptp was leads to Ethereum only.

in choosing Bitcoin as an option to invest
long term to buy it at the current price for me is a good thing, for example you don't think you can make a profit in the near future, and I think you can make Ethereum also an alternative for you to make as an alternative as your investment, so as a new investor you can choose both for you to make as an investment, and you can keep it in a safe place for a long time.