What is the advantage of Bitcoin from ETH?

[deddod]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.
My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

[1714243572]

1714243572

[1714243572]

1714243572

[1714243572]

1714243572

[Murloc]

Bitcoin is the mother of all currencies and bigest part of the crypto market cap is located in bitcoin, it is limited and safer than Ethereum. I think that ETH is more controlled by its devs and it is also makes it less suitable for long term investments. It is still a great coin but if you just hodl ETH for a couple years I won't be so sure about its rate.

[VitKoyn]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.

How much gas did you used to pay for Ethereum transaction and how much transaction fee did you pay for Bitcoin? if you want to compare them in terms of who is faster you should pay the same amount of fee. But there is no doubt that Ethereum is faster because Bitcoin blockchain is always congested with the volume of transactions and blocks can only solve limited transacttions per 10 minutes.

My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

The reason why Bitcoin gain more value compared to Ethereum is beacause of its popularity and increasing community that adopting it and has limited supply while Ethereum has no limit to its supply so it will be difficult to raise the price.

[Seansky]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.
My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

Technically speaking btc is faster than eth because it is built specially for microtransactions but looking at it's current number of users daily, it is natural that ETH transaction would be faster because transactions happening in ETH are lesser when compared to the daily number of transactions btc processes which is congested at times. ETH also is only made to run smart contracts while btc is made to be a currency.

[crazylikeafox]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.
My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

Technically speaking btc is faster than eth because it is built specially for microtransactions but looking at it's current number of users daily, it is natural that ETH transaction would be faster because transactions happening in ETH are lesser when compared to the daily number of transactions btc processes which is congested at times. ETH also is only made to run smart contracts while btc is made to be a currency.

Btc is faster than eth? Eth confirms within seconds.

Btc is desgined for microtransactions then why are they integrating segwit. Do you even know how much you are paying for miners fee to get s priority confirmation?

[Kang TB]

because ethereum have shorter block time if we compare with bitcoin,
thats the main reason why ethereum need only a few second in confirmations an bitcoin in a minutes,
but sometimes need more time in confirmations for both
http://www.investopedia.com/articles/investing/031416/bitcoin-vs-ethereum-driven-different-purposes.asp

[RoommateAgreement]

you get faster confirmation in ETH because ETH has faster block generation but that is sacrificing the decentralization of ETH nodes. the blockchain is already bigger than bitcoins (i forgot if it was 2x or 4x the size of bitcoin's) and that means you will have to store a much larger file and the sync process takes forever to complete. soon there won't be a single user running any node. and nodes will be run only by exchanges.

the main difference between the two is that bitcoin is designed to be a currency. the paper even calls it a digital cash. but ethereum is designed to not be a currency. which means the confirmation time that you mention here is meaningless since it is not for payments.

we have also already seen multiple times that ETH can not handle things when the number of transactions grow, and the network fails to the point where exchanges had to close down deposits. but in bitcoin the same scenario means only an increased fee and nothing else.

[khan149]

Bitcoin is a crypto-currency, but Ethereum is actually a platform, which means it has tremendous potential. Ethereum relates “blocks,” or records of transactions, more quickly than Bitcoin and some of its users believe that this effect makes it easier to use.

[nappoleon]

What you're comparing is the TPS (transaction per second) of these networks. Not really a complete metric to use when someone is deciding which is best. However, it is one factor to consider. Obviously, TPS of bitcoin is much lower than ETH hence ETH is slightly faster to deliver a transaction than bitcoin, and that is already known as public info. When you're analyzing TPS data, it is best to consider how many people using the network.

In some circumstances when ETH network is really busy, you can't even send a transaction. And this has already happened before especially during ICOs. In this case, BTC is considerably faster to broadcast and confirm a transaction. In my opinion, the advantage of bitcoin over ethereum is it is much harder to co-op, protocol development is much decentralise than ETH. No leader, unlike ETH (eg. Vitalik et al). And ethereum is much prone to hardforks. Considering these metrics, Bitcoin is much secure than Ethereum.

In terms of price, probably because:

Bitcoin = code is law
Ethereum = marketed as code is law (before dao incident) but not anymore since they reverted and split.

[skullsandbones]

As far as news go, Bitcoins seemingly rising steadily, it has popularity and community is increasing and its gaining more value because of it. They are two different things imo.
Ethereum is not designed to be a currency, but a platform and this allows it to have potential. On the other hand,  Bitcoin is a crypto-currency.

[haroldtee]

As far as news go, Bitcoins seemingly rising steadily, it has popularity and community is increasing and its gaining more value because of it. They are two different things imo.
Ethereum is not designed to be a currency, but a platform and this allows it to have potential. On the other hand,  Bitcoin is a crypto-currency.

We should not even be comparing these two as they both totally have different purpose. They both have a reason why they coexist and how they are solving totally two different problems. They have their advantages and disadvantages and if we want to keep looking at that, then we may end up not even finding a winner.
However, Bitcoin will always have the first movers advantage whether we like it or not, and it would always have the deflationary advantage that obviously to me sounds much better than the inflationary ethereum. But they are both good in their own areas. Bitcoin is a Lion, Ethereum is a shark ... so maybe it is best we keep it that way.

[Opnsrc]

Although Bitcoin is the king of all cryptocurrencies and it demonstrates fantastic growth, the virtual currency of “second” generation, Ethereum, shows really great speeds at transactions.

I hope it will start growing very soon again, as I have several ETH already.

[orcuncanli]

bitcoin is older than ethereum and more familiar to people.ethereum is better of course but cant grow and reach btc yet .i think it will reach bitcoin some day but not quiet a while

[i_iz_vins]

bitcoin came first than the other cryptocurrency so it is more popular.  Actually ethereum is a block chain that  supports btc, it doesnt compete with btc.  Also they have different purposes. They are set to have different intentions rather than competing with each other

[shinratensei_]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.
My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

You must make a comparison to get the answer, let's say about the bitcoin has limited supply compared with the ethereum about to determine the supply in the future after the pos casper update. And remember the important reason for the bitcoin was the first cryptocurrency since 2010 and ethereum born in 2014. Bitcoin wins on its adoption because a lot of people around the world were familiar with the bitcoin rather than ethereum.
The key was on the adoption scale.

[leea-1334]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.
My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

You have some facts there, this is acknowledged. But factual according to current conditionings, and without context of important developments in both ETH and Bitcoin.

1. Eth transaction is not actually faster than Bitcoin. Confirmation, because of block findting times, is faster. But because Bitcoin is considered harder to attack, even 3 confirmations is considered literally secure. so that is an average of 30 minutes for secure confirmation. ETH if you see on many networks, requires around 10. So average of 25 minutes or more.

You are missing the point of scaling. Every network has the potential to scale more as demand rises. Bitcoin has this problem now because it is so popular and sees so much use. Eth had the problem only during ICOs, because of that demand when investing. When Bitcoin network is full, it just means higher fees. When ETH network is full it breaks and nobody can do anything. Read how this happened many times in 2016 and 2017.

[pogpog10]

For me if i am ever going to invest in an alt coin it must be a high profitable one. It’s true ethereum is a great coin with strong background but i don’t expect any dramatic increase in it. So for a stable profit bitcoin is better than every coin.

[darthmaul]

Just because it is faster than bitcoin doesn't make Ethereum best of all. There are many factors that define the prices of bitcoin and Ethereum. The most important is how much supply we have got and how much is the demand available in the market. As you can see form the public record there are only 21 million bitcoin in reality and there is no limit for the supply of Ethereum. This is huge defining factor and reason why bitcoin is getting so expensive now a days. Also, bitcoin is valued for its security as well as worthiness of investment. Ethereum is just medium for many projects to launch their platform thats all. That is where bitcoin wins the race all the time.

[trecore4]

I think that is not benefit of ethreum or bitcoin. Whatever you compared is just technical faults in the way of their transaction. What I mean by this is, there are facts like bitcoin network difficulty is way higher than ethreum network difficulty and that is why its easier to send the ether as compared to bitcoin itself. Thats not advantage in any sense because what can you do with ethreum ? Just spend it over the blockchain related projects? Oh well you can do that bitcoin too and with very much more profit window as bitcoins price is highest of all. :-) So may be there is not much things to compared between these two and bitcoin will stay high enough always.

[Dmitry.Vastov]

I just compared the benefits of Bitcoin vs Etherium.
I send ETH and BTC at the same time into an exchange.
In transactions ETH is faster than BTC. ETH only takes 2-5 minutes to complete a transaction. while BTC in my opinion very slow in completing the transaction.
My question What is the advantage of BTC from ETH and why is Bitcoin more expensive than ETH?
Thanks

I think Bitcoin is better than each and every altcoin  available in market including ethereum as Bitcoin is the first and the master of all cryptocurrencies. It is without any doubt the most popular crypto available in the market and hence is the most widely accepted crypto. Bitcoin is regarded as one of the fastest growing investments available in the market as it is showing good amounts of growth rates. Looking at the current trends, you can easily expect the price of Bitcoin to be above 10,000$ by end of this year for sure.