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Author Topic: ETH next to BTC?  (Read 283377 times)
mafia15 (OP)
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January 25, 2018, 03:43:16 AM
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I just created this thread to gather opinions ..
Ethereum is next to BTC?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 25, 2018, 03:58:50 AM
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as I think, maybe the price of ETH will not pass the bitcoin price this fast. but this year I think ETH will grow more than bitcoin.

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January 25, 2018, 03:59:32 AM
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still far from expectations if ETH want to compete with BTC
especially in the amount of ETH coin so much so nga may ngalahin BTC prices, let alone ETH cm including altcoin.
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January 25, 2018, 04:03:26 AM
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bitcoin is blockchain 1.0 then we can see that it has some problem with regards with the scalability meaning it can only handle several transactions per period of time. It can't  compete with VISA at MASTERCARD in processing its transactions. That is why there is always backlogs or late transactions.

Because of this need to scale up here comes ethereum which is blockchain 2.0 to address the weakness of bitcoin in terms of scaling. Now ethereum can handle so many transactions and much much more than bitcoin and with added features like smart contract. Now by using this smart contract several platform were developed that runs on ethereum network. So imagine how ethereum address the problem of scalability that bitcoin failed to do and still trying to address it by implementing several forks or upgrades. one of which is the segwit and the upcoming lightning network. Now since mass adoption is coming and a lot of people are now going into cryptos and more and more new platforms are still coming to run on ethereum network, now we can see that even ethereum is having its scalability problem for ethereum network is now congested with transactions. scaling ethereum network to the next level is still in the planing stage, vitalik is looking to use shards technology to spread the load of the network to different network. its like having multiple universe within the universe according to him but this is still a plan and not sure if it will work.
mafia15 (OP)
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January 25, 2018, 04:09:40 AM
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as I think, maybe the price of ETH will not pass the bitcoin price this fast. but this year I think ETH will grow more than bitcoin.


Thanks for ur opinion.. thats what im thinking too..
mustakforum
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January 25, 2018, 04:36:28 AM
 #6

It is now a lot of eth enthusiasts but if to compete with bitcoin is hard.
Because there is still a lot of interest bitcoin than eth.
So if eth rival the bitcoin it is very difficult and the time is likely long to compete.
mafia15 (OP)
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January 25, 2018, 05:46:16 AM
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It is now a lot of eth enthusiasts but if to compete with bitcoin is hard.
Because there is still a lot of interest bitcoin than eth.
So if eth rival the bitcoin it is very difficult and the time is likely long to compete.

Yeah im looking it on the other side of it.. more investors on bitcoin than ETH ..
Renal
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January 25, 2018, 05:47:58 AM
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Competing bitcoin is definitely not possible. because bitcoin already has a very strong community and will continue to grow. ETH Rise this year. and no coins that can compete with btc events.
kevoh
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January 25, 2018, 05:59:20 AM
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With bitcoin gradually losing much of its market share and ethereum slowly creeping taking a significant part of this market share, I would say Ethereum 'has the possibility' of taking over.

But when I looked at how the massive adoption of Cryptokitties easily disrupted the ethereum network causing congestion for users of ethereum blockchain, meaning that the scalability issues still remain despite taking over.
marcbitcoins
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January 25, 2018, 06:19:32 AM
 #10

I just created this thread to gather opinions ..
Ethereum is next to BTC?

In terms of ranks Ethereum is already next or second to bitcoin but if you mean is if bitcoin will disappear and will be replace by Ethereum that is very impossible because bitcoin will never be superseded by any altcoins including ethereum because no matter how many ethereum you kept still it will be traded or sell it for bitcoin for fiat and that makes bitcoin value to become more stable and strong.
Nana_Marini
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January 25, 2018, 06:19:54 AM
 #11

I just created this thread to gather opinions ..
Ethereum is next to BTC?
U think BTC and Eth are different. The price of BTC is not stable and Eth has the price of stable, but the price of BTC is higher than Eth, although BTC is decrease Smiley
StochasticOrder
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January 25, 2018, 06:23:33 AM
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As others have mentioned, Ethereum has better technology for scalability and the smart contracts offer greater utility. It remains to be seen if Bitcoin’s development of the lightning network will be able to compensate. However, BTC still has the value of its name brand and  a lot of the new money from newbies flowing into crypto is going into BTC by default, which should help to keep the price up.
Pikachushka101
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January 25, 2018, 06:27:16 AM
 #13

I just created this thread to gather opinions ..
Ethereum is next to BTC?
For competition, the time has come, but to overtake bitcoin both at a price and popularity is still too early. But more and more people understand that soon bitcoin can fall more so that they switch to alternatives, ether is one of them.
Samueltalk
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January 25, 2018, 06:31:29 AM
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I think it's worth it, but ETH should take a long time to compete with BTC. well with a long time is then BTC will also continue to grow so difficult ETH to compete with BTC.
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January 25, 2018, 06:34:56 AM
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There is currently 97,195,498  ETH in circulation versus 16 million for BTC (with a max of 21 M).  I don't think ETH will ever pass BTC as BTC is considered as the reference coin in cryptocurrencies.
chrisculanag
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January 25, 2018, 06:36:59 AM
 #16

Eth is 1st for the fast transaction , but the value of bitcoin is the first to all the altcoins . Maybe if bitcoin is going down to 1k usd , we can that call eth higher than btc . But wait for the pump up of bitcoin or dumping . But for me this two coins is very useful in different times and different ways. 

h0lybyte
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January 25, 2018, 06:39:25 AM
 #17

No doubt ether is next to bitcoin by creation and market capitalisation but i see other altcoins like bitcoin cash have also lot of support and even bitcoin cash is already high in price than other alcoins. Whenever bitcoin is down, altcoins down, bitcoin up, altcoins up.  According to this follow up, bitcoin cash will be following next to bitcoin and not ethereum because ethereum is lower than bitcoin cash
alabnoman
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January 25, 2018, 06:58:20 AM
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I think Ethereum has more potential than Bitcoin in terms of thin utility and market capitalization. With this unequal reward it is unusual danger.
Tavarez
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January 25, 2018, 07:21:01 AM
 #19

to sum up: Bitcoin was the first; it paved the way for cryptocurrency. However, it was also a learning experience. Other coins like ETH will eventually surpass Bitcoin once adoption becomes widespread enough that the 10 minute block time is completely unsustainable. My contention is that all coins (if implemented successfully) will surpass Bitcoin given enough time.
Lasvista
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January 26, 2018, 05:11:03 PM
 #20

My perspective is still bitcoin , bitcoin is decentrelized coin and by the marketplace demand it determined the price of bitcoin that is why bitcoin is stable , and on the Ethereum , eth is one of the best alt coins despite the price of it , eth is absolutely on the second place. And if you have a money to invest make sure to invest the half of it in eth and the half of it in the btc , its more worth it though.
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