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Author Topic: Why bitcoin is taken first before ETH?  (Read 254 times)
icytalk (OP)
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March 06, 2018, 05:06:34 AM
 #1

Eth is more trustable and easy to transact but still why bitcoin is on first choice
barsharkol12
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March 06, 2018, 05:16:54 AM
 #2

Eth is more trustable and easy to transact but still why bitcoin is on first choice

BTC is also trustable like ETH. obviously those two are different cryptocurrency they have a disadvantages and advantages but when it comes to trust. i think its up for the users which of the two they like. All cryptos are secured its up for the user how they manage their private accounts.
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March 06, 2018, 05:24:27 AM
 #3

BTC here in Philippines is more easy to transact done the ETH. ETH is also a good cryptocurrency however, BTC has greater value and people wants to get that value. So that's why I think BTC is still be my first choice.
Romeotom
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March 06, 2018, 05:24:36 AM
 #4

Eth is more trustable and easy to transact but still why bitcoin is on first choice

Personally I have first choice bitcoin, because no one has control over it.No government,No company. I believe them bitcoin is a real crypto currency. investment, trading, mining All the best depends to bitcoin with me. Personally I love them trading and bitcoin always give me trading success Fair. Kiss
I also believe them bitcoin ,it will be give me a good life.

Why still on first choice bitcoin?
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Kakmakr
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March 06, 2018, 05:27:52 AM
 #5

Eth is more trustable and easy to transact but still why bitcoin is on first choice

Trustable? How can you trust a coin with a centralized authority? Vitalik and his founders were made multi-millionaires with the release of Ethereum's pre-mine. Vitalik even had discussions with the Russian president, Putin and we know how corrupt he is. <there is even murder accusations against him>

I will never trust a coin with a identifiable central authority, because these people can be bribed, forced with violence to do what other people <governments> wants them to do.  

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purple.thoughts
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March 06, 2018, 05:46:48 AM
 #6

Bitcoin is the one being considered first because I think bitcoin was released earlier than ethereum and that its vaue is higher compared to ethereum. I agree with someone who posted here that bitcoin can easily be transacted in the Philippines because I am a filipino too but it is too risky because it does not have private keys compared to ethereum where it can secure itself from unknown user who wants to transact with it. I am alao relieved that on our bitcoin wallet platform from the Philippines called coins.ph is now considering ethereum. It will be easier for us know to receive payments through it.

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boboking
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March 06, 2018, 05:53:40 AM
 #7

Bitcoin is being taken first because it is the king of crypto currency. It is the first of its kind.

Also it has something to do with price. Many experts still believe that Bitcoin price will reach $100,000 and others even to a million dollars and some people are hoping that this will happen in the next few years.

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March 06, 2018, 05:58:21 AM
 #8

Probably because it was the first decentralized cryptocurrency (or at least the first one to succeed), which means it had more time to establish itself. This also leads to BTC being on more news outlets than any other crypto, so most people will relate cryptocurrencies with BTC).
Its high value also makes it more attractive / more "popular" as an investment. However, just because it is the most popular or has the highest market cap doesn't mean it is the best.
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March 06, 2018, 06:05:23 AM
 #9

Eth is more trustable and easy to transact but still why bitcoin is on first choice
Bitcoin parent all types of altcoin ETH and other altcoin, yes of course Bitcoin is ranked first because of its parent Bitcoin. ETH's easiest way for us to get Bitcoin, now ETH also has an alternative such as Bitcoin which is a token that can be converted into ETH, but still ranked first is Bitcoin.
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March 06, 2018, 06:06:09 AM
 #10

Eth is more trustable and easy to transact but still why bitcoin is on first choice
Here we go again about this needless argument about ETH and BTC. They are both wonderful development which I am sure both developers will appreciate the ingenuity of each others if given the opportunity to express such but the problem are those that eventually key into the dream and wants to believe one should be ahead of the other and why. In your case, based on trust which is the reason you are choosing ETH above, its not binding on the community to do same and in determining the top one, its the majority that will have their way.
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March 06, 2018, 06:09:29 AM
 #11

Eth is more trustable and easy to transact but still why bitcoin is on first choice

because ETH is neither trusted nor easy to transact.
it is centralized and filled with bugs and when they did a roll back despite majority of the network opposition it proved that you can not trust it at all. as for transactions whenever there is an ETH network congestion it becomes impossible to make any transactions let alone having them confirmed.
with bitcoin the worst thing that happens is fees going up! but you can still continue to use it.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 06, 2018, 06:11:44 AM
 #12

Eth is more trustable and easy to transact but still why bitcoin is on first choice

Because bitcoin still holds the highest value for the entirety of the cryptocurrency market. Yes, ethereum is highly regarded as the smart cryptocurrency wherein it can be programmed into basically whatever you would want to do with it and often heralded as the cryptocurrency that can best and beat bitcoin due to its nature. However one thing that it must overcome first before being able to jump into that number one spot is that it has to beat the value and the monetary i fluence of bitcoin
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March 06, 2018, 06:13:35 AM
 #13

Don't forget that bitcoin was created way before than the ETH so bitcoin is the father if all crypto currencies.But the price of bitcoin is expensive due to its availability it is limited to 21 millions but in ETH the availability is unlimited so the proce of each coin willbe less.
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March 06, 2018, 06:15:09 AM
 #14

Because the name Ethereum was a bad choice

Bitcoin is not a bubble, it's the pin!
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March 06, 2018, 06:28:41 AM
 #15

I think both coins are good. Both have different features, different advantages and disadvantages which users like. But personally, i prefer to invest and use bitcoin than ethereum because:
1) It is decentralized. No one controls bitcoin which is a good thing cause you can assure that no one tracks your transactions.
2) It has greater value than ethereum and any other coins.
3) It is easy to transact especially here in our country.
4) It gives good return of investment.
5) Many investors use bitcoin and because of it, there are possibilities that it will grow and grow and might skyrocket in the future.
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March 06, 2018, 06:37:15 AM
 #16

OP, ok. Let's discuss. But first please explain why you believe in Ethereum as more "trustable and easier to transact" than Bitcoin.

Plus how can you still think that after the DAO incident, the Parity incident and the proposal for EIP 867?

https://github.com/ethereum/EIPs/pull/867

Ethereum is the least "trustable" cryptocurrency.

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March 06, 2018, 06:53:45 AM
 #17



of course because bitcoin is the first crypto. excess bitcoin, no one can control. the first tenology of the vitrual currency. most investors and traders always have bitcoin.
I believe the future of eth is quite brilliant. but it's hard to be a strong competitor for bitcoin.
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March 06, 2018, 06:59:13 AM
 #18

Eth is more trustable and easy to transact but still why bitcoin is on first choice

First of all bitcoin and eth are two different innovations. They don't belong to the same category when it comes to digital coins: cyptocurrencies and tokens

Bitcoin is for the money(cryptocurrency) while Etherium is for the contracts (token).
https://learn.onemonth.com/bitcoin-vs-ethereum/

Bitcoin is the breakthrough of digital coins.. With this being said as the root of all innovations in cryptoworld, Bitcoin will always have greater value than Etherium.

Eth is more trustable and easy to transact but still why bitcoin is on first choice

Trustable? How can you trust a coin with a centralized authority? Vitalik and his founders were made multi-millionaires with the release of Ethereum's pre-mine. Vitalik even had discussions with the Russian president, Putin and we know how corrupt he is. <there is even murder accusations against him>

I will never trust a coin with a identifiable central authority, because these people can be bribed, forced with violence to do what other people <governments> wants them to do.  

This is also one reason why bitcoin is more valuable than etherium. Bitcoin is decentralized while etherium is centralized. We all know that crypto values depends on the acceptance of the people. The more people that will embrace the technology the higher its value.

Don't forget that bitcoin was created way before than the ETH so bitcoin is the father if all crypto currencies.But the price of bitcoin is expensive due to its availability it is limited to 21 millions but in ETH the availability is unlimited so the proce of each coin willbe less.

I agree with this. There are lots of good reasons why bitcoin is still number one despite its imperfection.
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March 06, 2018, 07:01:39 AM
 #19

yes, because bitcoin has a higher value, has high credibility, is able to face any obstacles, untill today, so people are more interested anda more believing for bitcoin.

but you should know, that the percentage of ETH trade in the market is higher than Bitcoin.

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March 06, 2018, 07:04:58 AM
 #20

Bitcoin is the mother in all altcoins including ethereum so that bitcoin remains the first with the limitations of bitcoin reaching only 21 million bitcoin while ethereum is alternarive of all altcoin and has no limitations on the altcoins.
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