there is a possibility, if bitcoin blockchain traffic and delays continues.. anyways the energy consumption of etherium is way too less in comparison to Bitcoin.bitcoin takes more time to transmit the coins while Etherium is very fast.
Bitcoin traffic is very slow, but still i don't think that there is possibility for ETH to beat it.
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Both of them are good to invest.
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Be careful and do not invest all money only in one ICO. I suggest to choose several for investment, there will be more chances for success.
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I suggest you checkout ICObench. It's a site that collates reviews about ICOs and rates them too. They're pretty useful.
ICO ratings cannot be trusted because they can be payed to have a good review on their website. The best thing to do is to do your own research and don't be lazy because it is your investment. Some web-pages, comparing ICOs are declaring that they are not providing paid ranking for ICOs. What do you think, are they trustworthy?
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Just say that bitcoins are the same as our money. But a btc is not a stable price so it's the advantages of bitcoins in our currency.
I am not sure, that it is correct definition to say that bitcoin is the same as money, there is huge difference. But we can say that bitcoin is the money of the future.
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I saw a news message somewhere that the bitcoin price is expected to go up starting jan 15th, as this is the date that the wallstreet hotshots are getting their bonuses of an average of $100K+.
Yeap I also saw something like this, it is good not only for bitcoin price, but for all crypto currencies.
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It will grow up a little bit in January and will continue to grow up consistently during the year.
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Digital currency, which can be used to by things using internet. Today it so developed that in nearest future it will be acceptable everywhere where we receive goods and services.
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I hope not. We are already paying high transaction fees for transferring bitcoin to our wallet and the government doesn't hold bitcoin why would they put tax on it. If people will use actively crypto currencies and if they will be acceptable in public places, the government will lose significant income from taxes, and this might lead to the collapse of certain areas of economics, an in same cases may destroy state system as well.
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In my opinion it is not brand.It is a future money. It could be brand and most popular exchange currency in the future at the same time.
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BTC will be digital gold oneday, where digital assets are more valuable than tangible resources because of society's modernization into a digital age.
Digital value is very important nowadays, but it should be mentioned that people all over the world try to earn money, use digital value in order to have opportunity to buy natural assets.
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On this forum there is another topic with the question, whether BTC is a brand? This is answer to this particular question why it is popular. BTC is already brand, it was the first crypto currency which proved that coins are working. Mentioned fact brought popularity to it.
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The idea of saving bitcoin for my children or grandchildren s future in a nice idea. The thing that scares me is the fact that if something should happen to me how will they be able to get my stuff. I mean i dont want to be like hey kids i got bitcoins saved for you. I am also not sure how something like bitcoins would be put into a will.
Yeap, when i read all this post I thought also about all this things. How should we manage issues of heritage? Is it possible to inherit BTC when we have no information that our parents possess it? I think this issues should be regulated somehow.
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Litecoin is faster, monero is more private, ETH has smart contracts and there are much more altcoin with much more features, even Bitcoin Cash is faster than Bitcoin, but BTC keeps rising much faster. Don't you think it's just because of the name?
litecoin is the same as bitcoin with a much bigger potential blockchain size which makes running a node harder and much bigger orphan risk which makes trusting transactions with low number of confirmation that much harder. it also suffers the same scaling issues as bitcoin Monero is the anonymous coin we all know but that high level of anonymity associated it with so many illegal activities that makes it something that regular people will stay away from. it also has much worse scaling issues than bitcoin. ETH has smart contracts so does two dozen other projects. additionally bitcoin has smart contracts through RootStock. and let me ask you this: when was the last time you used a smart contract? where do you know "in real world" that a smart contract is absolutely necessary and is being used for real not for some short term fund raising to scam people and go away? BCH is also exactly like bitcoin, it just has bigger blocks. it suffers the same scaling issues as bitcoin.
in short, bitcoin is not just a name. there is bitcoin, then there are altcoins that are not really better than bitcoin. that is why bitcoin keeps rising and altcoins do not. The name (of the brand) comes from the quality. You said that BTC is the best coin and accordingly its popular. So, brands are emerging this way through quality and popularity.
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No it will not, different values cannot replace each other. Though Bitcoin might become as valuable as gold.
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We could say that bitcoin is the "brand", people trust in it because its history, because it proved that we can trust in crypto currencies and that it works.
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One of the main advantages of the bitcoin is the investing of your money easily without any bureaucracy.
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Interesting idea, never thought about it. maybe in the future crypto currencies would be most valuable things in the world.
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Easiest way to make money in crypto is to buy them in the lower price and sell them when the price rises, it is difficult to predict which time is the best to buy or sell, but still it is the easiest way.
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You can buy other cryprto currencies with it. So often it is used for investment.
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