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Author Topic: How is Bitcoin different from Etherium?  (Read 1986 times)
manyu22
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October 09, 2018, 02:18:21 PM
 #341

There are lot of different between bitcoin and ethereum. They are totally different crypto currency with different value. The working sector of both coins are different. Ethereum is a currency that accept most of the coin supported.
Bitcoin and Ethereum both are known for long term as these two have the same behavior but difference also lies in many ways. Demand for both the coins are different, Ethereum has lower price than that of Bitcoin.

The highly rated coin is the Bitcoin and ETH holds the second position in terms of long term investments. You will get huge profit from Bitcoin and lesser from Ethereum but the right strategy is to invest in both so that you get maximum profit.
yes you are right, bitcoin and ethereum have the same behavior, but they are very different. bitcoin is the highest coin and very popular, it is too far when compared to ethereum. ethereum is still very low, but ethereum is not too low compared to other coin coins other than bitcoin. ethereum holds the second level below the value of bitcoin
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October 09, 2018, 02:19:41 PM
 #342

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.

   The topic as posted is very informative, it well stated how the two coins differ from each other, but it is the fundamentals, the market structures, and the level of confidence by the investors that would really determined the true value of this two coins. we can come up with a lot of discussion on the specific feature of each coins yet it is the perception on one investors for such coin on which is more favorable for investment in the market.

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skish85
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October 11, 2018, 12:09:06 PM
 #343

These two coins are completely different, they have different goals and ways of implementation, so it is not correct to compare them. They can only be compared as a means of investment.
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October 26, 2018, 02:57:43 AM
 #344

I think it's the value of the market that made then different. We know that bitcoin is known as the king of digital currency, the most high valued coin in the cryto world.
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November 03, 2018, 01:50:14 PM
 #345

If set Ethereum next to Bitcoin, it is easy to see that both are good candidates to call for investment in the ICO and all operate on the Blockchain protocol. However, every electronic money is born to build a strategy for their own, to make a difference.
As for the origin, simply understand that Bitcoin was created and valued as a currency to hold values, while Ethereum was more inclined to create a platform based on smart contracts. Supply is also another difference of these two currencies. Bitcoin is only 21 million, so far has circulated in the market about ? the amount it has, and Ethereum there are no limits, but have to wait until this 5-year old coins to exploit only ½ The possibility of being hacked by Ethereum is higher than the rest of the currency because Ethereum runs Turing-complete code, if enough time then all the calculations will be done.
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November 03, 2018, 01:58:13 PM
 #346

the main difference for me is that, community can not add any additional features to bitcoin only with hard fork
But look on eth, it works as plugin app, you can develop smart contract and implent it to blockchain - for me ETH have more development and features

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November 03, 2018, 02:24:09 PM
 #347

the main difference for me is that, community can not add any additional features to bitcoin only with hard fork
But look on eth, it works as plugin app, you can develop smart contract and implent it to blockchain - for me ETH have more development and features

Yes, bitcoin cannot add more additional features to its blockchain now while ethereum can add more and maybe no limits, more developments will come up and it is still possible to add more.

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stayeduptolate
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November 03, 2018, 05:03:46 PM
 #348

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 think both Bitcoin and ethereum are two of the better coins available in the market right now. Bitcoin being the master of all coins is the first and the most influential crypto available in the market. Bitcoin is the only reason the concept of blockchain gained so much popularity in the last decade. It is the foundation of all crypto and according to me, no crypto can exist if Bitcoin dies(ethereum included). I think that ethereum is a platform in which new projects are based upon which help in utilization of Blockchain but Bitcoin is Blockchain.
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November 03, 2018, 10:38:32 PM
 #349

In my opinion, Ethereum is very suited in any aspects of the business, where in the near future the Merchants in the entire world would possibly

accept Ethereum as mode of payment to their business. Bitcoin was commonly use for investment and most of the time sending money whatever

country currency you belong as long as the nation has an exchange to convert from BitcoinBTC.
It is unlikely that ethereum is going to beat bitcoin at being a currency since in that aspect bitcoin is unsurpassed, ethereum has no limit when it comes to the coins that are going to be created and this is going to make the coin less valuable in the future, this is in direct contrast with bitcoin because since the beginning it had a limit of 21 million coins and people will prefer to use something that they are completely sure it is going to keep being valuable no matter what happens.

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November 22, 2018, 11:17:01 AM
 #350

Bitcoin is like gold. It is a rare, independent, self-sustainable thing that will be always in demand as a reliable store of value. Ethereum is rather like oil. It can not only be produced for sale but also used for 'heating' (practical application). Bitcoin and Ethereum are not rivals because gold will never replace oil, and vice versa.
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November 22, 2018, 11:29:31 AM
 #351

Bitcoin is the base of all cryptocurrency, and Bitcoin will remain the king of Crypto. Actually, I do not want any coins to be able to cope with Bitcoin as a means of investment,
of the earliest bitcoins are made as cypto currencies but at high prices many investors invest in bitcoins.
as well as Etherium although widely used by many real projects but will not beat the bitcoin position.

The world that describes the ethereum is it bein used for projects. It is imdeed widely used. Bitcoin is somewhat more on investment but well know as being currency. It can perform what the fiat can do and so as the king of cryptocurrency. Ethereum should not be compared to bitcoin.
KorakPawon
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November 22, 2018, 01:36:44 PM
 #352

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.
Fom what I know, Ethereum is another cryptocurrency, and one many people see as potentially overtaking Bitcoin as the dominant coin in the market. ... The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs
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November 22, 2018, 01:37:39 PM
 #353

Bitcoin is the base of all cryptocurrency, and Bitcoin will remain the king of Crypto. Actually, I do not want any coins to be able to cope with Bitcoin as a means of investment,
of the earliest bitcoins are made as cypto currencies but at high prices many investors invest in bitcoins.
as well as Etherium although widely used by many real projects but will not beat the bitcoin position.
maybe your opinion is true, but in my opinion bitcoin is a pioneer of crypto currencies and is still the guideline of other crypto currencies and ETH is the alternative currency of the crypto currency
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