From what I have heard, there are multiple apartments, mainly in New York and Moskow sold for crypto. Even a yaht was sold for bitcoins. Many ICOs started up on that regard.

One of the most important factors is the recognizability by the crown. Almost every person nowadays knows Bitcoin and only a few have heard of Litecoin, Ether and such. That is going to affect their choice when investing.

I personally raised 2800$, starting from 300$ just in 20 days. That was in the time of TRON raise and I converted to NEO just before TRON crashed. I guess it was mostly luck and you can not repeat that, but 300$ is a reasonable start.

Physical money is still a very big factor when it comes to the economy. This barrier had not been yet broken, but the first steps were taken, the credit cards.

I think that right now the crypto is getting ready for the next fork, and that is because all ICOs are being in process of development and once they launch, it will be a huge boost to the market cap.

How is Bitcoin different from Etherium?

I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.

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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?

Bitcoin

Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.

Etherium

Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.

Conclusion

For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.

As any cryptocurrency, it is not supported by any physical value. Plus it is not something humans can not live without, so it defined to be volatile until it's structure changes.

Of course, there will have to be some form of physical crypto, and that's where the banking comes in. So, yes, it will play a role.

It is already outdated by ETH, in my opinion. Even China blockchain rating declared ETH top 1 blockchain crypto, while Bitcoin at n.13. So I think it is pretty clear where I'm coming from.

Fully agree with you on that matter, BTC is kinda outdated. But usefyl cryptos like ETH or DASH might be the solution and be the nect Bitcoin.

Of course, but you can spend big amounts in online shops, maybe even in dark web, you can withdraw it to fiat using your credit card. So if you wish, you could stay anonomous.

For now most people it is a scam, as it is decently new. All of the scams like BitConnect (great meme) had an influence on people and their trust to the blockchain technology in general, so we just need patience.

I say why not, as they could just hire a manager to that for then and that is a very good passive income source, so I do not see the reason for them not to do that.

Fully agree on that, as bitcoin is not supported by anything it is destined to be volatile and there is nothing really to do about that unless something is massively changed.

Unfortunately, it is not as strongly connected to the economy and would not rise in price, nor be implemented in government structures until it completely changes and introduces something really needed.

It is extremely unhealthy for a county to accept crypto as it actively drains money from the ecosystem of the state. So it is much more efficient to ban it.  

For now, I really doubt. In future, with worldwide internet access, very may be. But crypto will be united and not broken down into ICO coins.

Bitconnect might be a thing, although it is a meme now. I can not possibly understand how people could buy tokens from that screaming dude...

Fully agree, I just bought yesterday and will sell once there is at least ~10% profit, would not hold on to it for a long time.

The top market interest so far had passed this winter, but this may be another spike, maybe a bigger one. Anyways, everything indicates of Etherium being the popular currency so far, and that understandable.