Bitcoin Forum
May 25, 2024, 09:34:45 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
Author Topic: How is Bitcoin different from Etherium?  (Read 1987 times)
coingrowth
Member
**
Offline Offline

Activity: 416
Merit: 21


View Profile
July 04, 2018, 06:21:40 PM
 #141

bitcoin is for payments whereas etherum is for smart contracts we can write any program encrypted in etherum blockchain so both the coins have different advantages all together
Daday23
Newbie
*
Offline Offline

Activity: 153
Merit: 0


View Profile
July 04, 2018, 08:10:55 PM
 #142

The difference between bitcoin and ethreum are bitcoin is the first crypto currency and it is the king of all crypto and ethreum and other coins only follow to bitcoin.And if we compare their value even bitcoin going down still it is higher than ethreum.So that bitcoin has a lot of investors and users.Ethereumis is also good, but I don’t think it will ever be able to reach the level of Bitcoin and taking its position as the leading cryptocurrency in the world.
bohr
Sr. Member
****
Offline Offline

Activity: 994
Merit: 257


View Profile
July 04, 2018, 10:22:29 PM
 #143

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.
I disagree completely with what you are writing especially when you say that bitcoin is not an innovative technology, if it was not for bitcoin all of this market worth billions of dollars and that in the next years will be worth trillions created by satoshi which created bitcoin will not exist, people do not invest that amount of money in the market with a strong weight on bitcoin out of charity, they do it because they understand the great potential of bitcoin as a technology and as a currency.
andika2018
Member
**
Offline Offline

Activity: 700
Merit: 10


View Profile
July 05, 2018, 12:50:38 AM
 #144

In my opinion, bitcoin is like gold in internet world and its used for store of value and used for peer to peer transaction. Ethereum mostly used for bussiness purpose and thats why most token in market using ethereum smart contract
Jannatul Shefa
Member
**
Offline Offline

Activity: 312
Merit: 11


View Profile
July 05, 2018, 01:53:42 AM
 #145

Bitcoin and ethereum both are cryptocurrency. But bitcoin is more popular than ethereum. As bitcoin's price is more than ethereum's price. And also because investors mostly invest on bitcoin.

Sled
Hero Member
*****
Offline Offline

Activity: 1680
Merit: 535

Bitcoin- in bullish time


View Profile
July 05, 2018, 01:55:24 AM
 #146

Bitcoin is different from ethereum by simple as the security. Security or how the blockchain or network of bitcoin is unhackable unlike ethereum that has been hacked by a lot of times and the reason why ethereum is not a good option for investing for long term purposes because it has a record that things can be messed up because of its security.
EveryoneMATTERS
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
July 05, 2018, 02:08:46 AM
 #147

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.

IMHO

go with your heart, it is like comparing a apple to a orange, pick whatever one you like! just remember some fruits rot a lot faster than others.
pelipurlara
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
July 05, 2018, 05:33:00 AM
 #148

Now many projects are based on ethereum because of its blockchain technology. Bitcoin is very fast in its growth and Ethereum takes time to show its growth. Both are good for investment so Bitcoin and Ethereum are both good coins for investment. Bitcoin is the king of cryptocurrency while ethereum is next to bitcoin. Bitcoin is suitable for long-term and short-term investments. But Ethereum is only for long-term investment
Bitfling
Member
**
Offline Offline

Activity: 602
Merit: 10


View Profile
July 05, 2018, 07:14:28 AM
 #149

Ethereum with smart contract is powerfull platform for bussiness. Ethereum is good long term investment. Recently i am reading online media that some analys make prediction ethereum can reach $2500 end this year and $15k on 2023.
Cosbycoin
Hero Member
*****
Offline Offline

Activity: 980
Merit: 506



View Profile
July 05, 2018, 10:03:38 AM
 #150

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.
Lolzzzz this is very funny😂😂 some people has the time to be checking all these things lol. I don’t even have time to be checking the difference between BTC and Ethereum, all I know is that they are all cryptocurrencies, no time at all.

Ever since I discovered Ethereum I have never had the time to check it out and read about. I just take it that Ethereumis the same thing with Bitcoin, they all serve the same purpose… so I don’t know what you mean by crypto petroleum, lol… are you putting in your cars fuel tank? 😆
Kamote_1102
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
July 05, 2018, 05:50:39 PM
 #151

For me, Bitcoin is the Father of the crypto World. It is the first thing that you will know when you want to study about Digital Currency. Ethereum, on the other hand, is what we can describe as Bitcoin's number one Competitor. though some say that Ethereum is better than Bitcoin, I can't comment on that. because they have their own advantages.

Kambal2000
Sr. Member
****
Offline Offline

Activity: 686
Merit: 257


View Profile
July 05, 2018, 06:26:58 PM
 #152

For me, Bitcoin is the Father of the crypto World. It is the first thing that you will know when you want to study about Digital Currency. Ethereum, on the other hand, is what we can describe as Bitcoin's number one Competitor. though some say that Ethereum is better than Bitcoin, I can't comment on that. because they have their own advantages.
It has a big difference since bitcoin become the root of everything, because of its existence a lot of opportunities out there are coming our way because of this and we are all thankful for this kind of opportunity as we have all given the chance to earn more and to explore our limits and knowledge.
iamike
Jr. Member
*
Offline Offline

Activity: 314
Merit: 1


View Profile
July 05, 2018, 07:15:16 PM
 #153

Bitcoin is the king of all the crypto coins followed by the ethereum. Ethereum on the other hand is the boss among qll the altcoins. In a nutshell they are all digital currencies.
ngano ba
Jr. Member
*
Offline Offline

Activity: 280
Merit: 1


View Profile
July 05, 2018, 09:05:59 PM
 #154

The different between the two bitcoin and ethereum is that the bitcoin is the first in cryptocurrency and establish its name already in the cryptoworld as leader of all the altcoins in the market, and bitcoin has a high price value in all altcoin in the market ,while ethereum is just still rising ,lower value than bitcoin and it has yet to establish its name in the cryptoworld as a good kind of altcoin, next to bitcoin.
Xising
Sr. Member
****
Offline Offline

Activity: 910
Merit: 257



View Profile
July 05, 2018, 09:30:10 PM
 #155

Right. I still think Bitcoin or Ethereum is a long term investment solution for you. I think both will be very well developed in the future. When Bitcoin has long appeared and has an irreplaceable standing position. In addition, Ethereum is a platform, a new digital currency, it's perfect, it meets all the needs of users and has the potential to grow in the future and be able to overcome both Bitcoin. So, I still prefer ETH over Bitcoin a lot

If you look at it that way, then I would agree. Both Bitcoin and Ethereum possess their own pros and cons in terms of what it can offer to the table as an investment medium. It has different capabilities due to its differences in price point and marketability, but no doubt, both the coins are good coins to actually hold and invest upon it is two of the best coins in the market. It just depends on the season you would choose to invest in, there are times when Bitcoin is doing good while Eth does not and vice versa. You just have to choose the right time.
richardsNY
Legendary
*
Offline Offline

Activity: 1232
Merit: 1091


View Profile
July 05, 2018, 09:50:58 PM
 #156

In a nutshell they are all digital currencies.

They are all digital currencies? Could be, depending on how far you can stretch your definition of a digital currency. Ethereum & co technically aren't supposed to be used outside their own ecosystem. They are all crypto currencies? They aren't. Bitcoin and Litecoin are pure crypto currencies, where Ethereum and all other rubbish have to be put in the category of regular tokens, equity tokens, utility tokens, etc. Other than that, Ethereum is the first after Bitcoin to become actually successful and maintain and even increase in value throughout the years, which despite my dislike towards Ethereum, is quite an impressive achievement.
Dread Pirate Roberts
Sr. Member
****
Offline Offline

Activity: 1484
Merit: 326


View Profile WWW
July 05, 2018, 09:58:43 PM
 #157

Now many projects are based on ethereum because of its blockchain technology. Bitcoin is very fast in its growth and Ethereum takes time to show its growth. Both are good for investment so Bitcoin and Ethereum are both good coins for investment. Bitcoin is the king of cryptocurrency while ethereum is next to bitcoin. Bitcoin is suitable for long-term and short-term investments. But Ethereum is only for long-term investment

no. there are many projects based on ethereum and many merchants accept it as payment. of its use and function are also many different. ethereum with its platform can create a token for the offered project. and transactions in need of gas. so actually a lot of difference in bitcoin and ethereum.
both of this coin is really good option for investment
Rrtt
Member
**
Offline Offline

Activity: 378
Merit: 10


View Profile
July 05, 2018, 10:17:56 PM
 #158

bitcoin is the mother of cryptocurrency. The first time digital money is bitcoin, after that it is his followers. it is what distinguishes the bitcoin with eth and other alt coin. outline is equally cryptocurrency.




Actually, btc and eth they are vastly different projects and have different intentions, bitcoin has emerged as a relatively stable digital currency  while eth aims to encompass more, with eth just a component of its smart contract applications,
jaocoincrypto18
Full Member
***
Offline Offline

Activity: 630
Merit: 103



View Profile
July 05, 2018, 10:23:51 PM
 #159

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”.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.

This comparison explain a lot and its favor the Ethereum but for me the huge difference was Bitcoin will not need any commodities just to be promote and to be advertise unlike Ethereum it will always rely to its ERC20 platform just to make the demand to increase therefore if the ICO numbers will reduce in any reasons or the platform will be replace by another platform like the Wave then for sure Ethereum demand will reduce.
Kuhaku2696
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
July 06, 2018, 12:53:40 AM
 #160

There are some technical differences in technologies that support the Bitcoin and Ethereum platforms, but in the early stages of this project, they are more or less the same. As these projects will grow, the differences may become much more tangible and can influence the direction of their own goals.
 Another important difference is the amount. The amount of Bitcoin is limited to 21 million, but the number of Ethereum is not limited to a certain amount.
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!