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Author Topic: why not everybody sell their bitcoin and buy etherium instead  (Read 1074 times)
rewalker (OP)
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September 22, 2017, 07:58:11 AM
 #1

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.
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September 22, 2017, 08:06:13 AM
 #2

The security is poor for one thing It be hacked a couples of times now already

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soham
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September 22, 2017, 08:17:30 AM
 #3

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

ETH is a worthy contender of bitcoin but that doesn't mean that people will sell off their long term holdings and buy ETH at this price. I know many people have scored bitcoin at a very low price and they are already sitting on a huge huge profit. I myself bought first bitcoin at $450 USD and I am already making a huge profit.

However, ETH is a good coin and a lot of people have started staking that coin as well. Seeing the popularity of ETH, coinbase and Blockchain.info has integrated their platform with ETH. So I am holding both bitcoin and ETH now as an investment. But bitcoin, being a pioneer of the crypto currency, is not going to die anytime soon. Instead the recent price drop will give an immense opportunity to the investors like us, to purchase bitcoin at lower price. Selling off bitcoin is not a resolution. Instead invest in both to be rewarded suitably.

   
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Maveth13
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September 22, 2017, 09:58:20 AM
 #4

When it comes to transactions as of now and these past weeks, ethereum is faster and cheaper. But that doesn't mean people would just dump their bitcoins and switch to eth. There are people who have investments in bitcoin for years now. And bitcoin is still growing faster than ethereum does. Though you can always invest in both.
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September 22, 2017, 10:10:35 AM
 #5

When it comes to transactions as of now and these past weeks, ethereum is faster and cheaper. But that doesn't mean people would just dump their bitcoins and switch to eth. There are people who have investments in bitcoin for years now. And bitcoin is still growing faster than ethereum does. Though you can always invest in both.
for me yes i would do that also because changing eth from btc while i am holding it for a long time are not good decision i must get another then investment than changing it because agree with that also they are both good investment.
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September 22, 2017, 10:16:30 AM
 #6

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.
When ethereum comes to the zksnark implementation and other just like plasma and even raiden network and i will be believing they will sell their bitcoin to buy the ethereum in the future.

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Cicada1033
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September 22, 2017, 10:22:43 AM
 #7

Gosh, it's September 2017 and people still don't know BTC and ETH serve a different purpose.

Let me ask you a question. Why doesn't everybody sell their computer and use their smartphone instead?

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Mi5h0
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September 22, 2017, 10:31:48 AM
 #8

I doubt that Ethereum will ever overtake Bitcoin. Bitcoin doesn't derive its value from having 'good tech' but from authenticity as a secure, original and safe store of value.

For a longer period, it might be good idea to buy Ether and Bitcoin both. But it would be fair to say, keep an eye on both, and keep your trigger finger close to your keyboard!

BTW: It's ethereum, not 'etherium' Wink
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September 22, 2017, 11:12:27 AM
 #9

The security is poor for one thing It be hacked a couples of times now already
This is the one reasons why some or most people do still choose bitcoin rather than ETH because of security we do know that eth been involved on hacking incidents which some investors do really see this as a flaw why do hesitate to invest but well this decision would really depend on a certain person if he would go all in on ETH or would decide on having both coins would be much better.

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September 22, 2017, 11:22:51 AM
 #10

Ehereum will have hardfork soon as well as bitcoin will. But at bitcoin it's not clear anough if it would be or not - there is one more speculation about segwit2x and the price should be dumped before 1st November. Metropolis at ethereum will be realized 100% (sooner or later). That's why the ETH price should grow up significantly soon.

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September 22, 2017, 11:32:19 AM
 #11

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

+why not everybody sell their bitcoin and buy etherium instead
-Why would we do that?

+Etherium is a better coin
-No it's not.

+There is nothing that you can do with bitcoin
-Are you stupid or just ignorant?

+why not all people sell their bitcoin
-Because people are not stupid like you.
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September 22, 2017, 11:35:53 AM
 #12

* bitcoin is a currency
* ETH is a useless token

* bitcoin is the most secure cryptocurrency ever. be it the code or the network
* Ethereum is the worst cryptocurrency and least secure out of all altcoins. it has already been hacked, the official wallet hacked, the smart contract abused multiple times, people lost multi millions of dollars.

* bitcoin is what everyone knows about and trusts, the merchants adopted bitcoin. investors see bitcoin as a solid investment. if you go out in the street and ask people if they heard about bitcoin or ethereum there is nobody who has ever heard of ETH and not bitcoin first.
* eth has no usage. it is only abused by the ICO people to create new ICOs and most of ICOs we already know are crap. there may be 1 or 2 that try to do something but the rest ....

* bitcoin has been performing seamlessly for as long as it was around (8-9 years) and never failed even a second to not work or the network to go down or anything like that.
* ethereum has already failed a couple of times to handle a simple surge of transactions

* bitcoin had no premine
* right now even after this much new ETH mined there is still 80% of it premined

* bitcoin is decentralized
* eth is greatly centralized.

Etherium is a better coin since it also has the smart contract feature.
smart contract is already coming to ETH. so if we all agree that you are correct then as soon as smart contracts come to bitcoin (in a couple of months) ETH should die.

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September 22, 2017, 11:42:09 AM
 #13

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

If everyone will going to sell their bitcoin it will result to slight value decrease of bitcoin because the selling demand will going high opposite reaction to ethereum because it will going to increase the value because of buying demand is going to be high. Maybe you are now investing in Ethereum that's why you want everyone to sell bitcoin and buy ethereum. Why don't you divide your capital for both because this top two coins is promising then you will earn from both too.
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September 22, 2017, 11:48:33 AM
 #14

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

Ethereum is a different thing. It offers a lot that bitcoin doesn't offer, but it won't replace bitcoin, it will expand in a different direction. Bitcoin is effectively digital gold, a store of value, and the gateway between alt coins and fiat. Bitcoin is not going away!






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September 22, 2017, 11:49:29 AM
 #15

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

People will not sell their bitcoin for ethereum. Ethereum has been hacked so many times, just as of September 2017 there more than your fingers can count hacking incidents that involves ethereum. That is so bad as for their reputation, that is why people hesitates to put all their money there. You wouldn't want to put all your money in it with that kinda reputation. So bitcoin is still most reliable in terms of invesment and security. Im not trying to devalue eth, because I'm an eth investor too Im just being fair on my judgement. Etherium may have a very big potential but the security hinders it to surpass bitcoin.
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September 22, 2017, 11:54:01 AM
 #16

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

People will not sell their bitcoin for ethereum. Ethereum has been hacked so many times, just as of September 2017 there more than your fingers can count hacking incidents that involves ethereum. That is so bad as for their reputation, that is why people hesitates to put all their money there. You wouldn't want to put all your money in it with that kinda reputation. So bitcoin is still most reliable in terms of invesment and security. Im not trying to devalue eth, because I'm an eth investor too Im just being fair on my judgement. Etherium may have a very big potential but the security hinders it to surpass bitcoin.
For the one that is looking for the background from both of it eth and btc and see that the other one is much better of course they will choose the good and the better. So in this case that's what i see why some don't do changing eth to btc.
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September 22, 2017, 11:56:18 AM
 #17

This guy was hooked by the buzzwords, because you're a pleb that's why. And nobody listens to one. How can we take you seriously when you can't even spell right? I bet you found this on your TV and be like whoa and proceed buying without reading anything.

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rewalker (OP)
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September 22, 2017, 12:08:46 PM
 #18

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

+why not everybody sell their bitcoin and buy etherium instead
-Why would we do that?

+Etherium is a better coin
-No it's not.

+There is nothing that you can do with bitcoin
-Are you stupid or just ignorant?

+why not all people sell their bitcoin
-Because people are not stupid like you.


Cant you just understand what you read. I dont say "there is nothing to do with bitcoin" I am saying ethereum is a value same as the bitcoin and it also has got some extra features.
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September 22, 2017, 12:14:26 PM
 #19

I don't like ETH. I don't trust these coins in the long run, but that does not mean that I never buy. If it can generate income that I will not abandon the transaction. BTC is more promising for storage of coins in the long run.
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September 22, 2017, 12:17:13 PM
 #20

Etherium is a better coin since it also has the smart contract feature. There is nothing that you can do with bitcoin but you cant with etherium. So why not all people sell their bitcoin and buy etherium.

I suggest to read up on the reasons why Satoshi designed Bitcoin to not be turing complete. It's interesting information, will teach you a little about security and help you understand why so many hacks happen with various software packages. The number one reason is security.

You may have also noticed that as a decentralized system that ETH is a complete failure in living up to the hype. It was pumped as the "world super computer" that could do everything from issue ICOs, DAPPS, useful for businesses, smart contracts for banks and lawyers. The reason it's not capable of doing all this is as a decentralized system it's 1000s of times slower than the processor in my cell phone. Just think how single ICOs have totally bogged down the entire network, then imagine what would happen if a single popular DAPP was ever created (there are no popular ones in existence currently) that was used by the world population 24/7. The ETH network would be incapable of handling two popular DAPPs. The fact is a decentralized network is not able to do everything; but, might be able to do one thing well like function as money. The scaling debate for all decentralized coins demonstrate that even doing one thing  well is difficult. Ethereum the platform might be useful for private chains; but, when you buy ETH the public token you're not getting a piece of that.

Bitcoin is getting smart contracts on side chains. This means the turing complete chain is one step removed from the money chain. Keeping the money chain safe needs to be the first priority.
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