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Author Topic: Let's stop comparing Bitcoin to Ethereum or any other Cryptos  (Read 20522 times)
Kakmakr
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August 22, 2018, 06:02:35 AM
 #41

As long as all these Alt coins is falling under the umbrella of Crypto currencies, people will compare them. We do this with other products too, like cars / household appliances / Food Franchises / Commodities etc. You cannot stop people from doing things that comes naturally.

We are born with the natural instinct to find the best food and shelter and partner, so why should Crypto currencies be any different?  

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August 22, 2018, 12:17:24 PM
 #42

I don't think it is relevant to compare Bitcoin to Ethereum or comparing any other cryptos to each other. I know its quiet tempting to compare Bitcoin to Ethereum because of their reputations in terms of their market cap and volume.But I do believe that the source of doubt in most people in the crypto community is mostly because of this comparisons made about cryptocurrencies. People who don't really know and understand the ideas and purpose of the creation of cryptocurrency will just share their ignorance to the world, which is not helping the crypto market. People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.  Please let's find a way to talk about cryptos rather than comparing them to each other...... Huh Huh Huh

I think when you want to buying bitcoin, you must compare it to other coins so you know what is the advantages of bitcoin than the other coins.
If you don't know the benefits of your coins, why would you bother to buying it. Although bitcoin often compared with other altcoins, bitcoin still at the top position in the market.

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August 22, 2018, 12:32:12 PM
 #43

I don't think it is relevant to compare Bitcoin to Ethereum or comparing any other cryptos to each other. I know its quiet tempting to compare Bitcoin to Ethereum because of their reputations in terms of their market cap and volume.But I do believe that the source of doubt in most people in the crypto community is mostly because of this comparisons made about cryptocurrencies. People who don't really know and understand the ideas and purpose of the creation of cryptocurrency will just share their ignorance to the world, which is not helping the crypto market. People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.  Please let's find a way to talk about cryptos rather than comparing them to each other...... Huh Huh Huh
We must stop comparing to both parties.Instead we fucos our mind for where we started working.As of mine,I steady fucos to bitcoin because this is what I started and I trust bitcoin till last.For me,mind your own business and I also mind my bitcoin.

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August 22, 2018, 12:39:50 PM
 #44

I don't think it is relevant to compare Bitcoin to Ethereum or comparing any other cryptos to each other. I know its quiet tempting to compare Bitcoin to Ethereum because of their reputations in terms of their market cap and volume.But I do believe that the source of doubt in most people in the crypto community is mostly because of this comparisons made about cryptocurrencies. People who don't really know and understand the ideas and purpose of the creation of cryptocurrency will just share their ignorance to the world, which is not helping the crypto market. People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.  Please let's find a way to talk about cryptos rather than comparing them to each other...... Huh Huh Huh
I think we cannot stop people from comparing crypto coins. But you arw correct, it may have an positive or negative effect to the market. But human as we are, we always want what is better.

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August 22, 2018, 12:49:53 PM
 #45

Most of the people even comparing "bitcoin with gold","bitcoin with facebook",so this shows that how people are interested in the price of the crypto currencies over its technology.Yes it is unfair to compare ethereum with bitcoin because both were different blockchains and no relation at all other than the high market cap valued coins.

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August 22, 2018, 01:05:00 PM
 #46

If I may ask, what is the benefit gained comparing Bitcoin and Ethereum? Both are independent blockchains technology that the success of one isn't influenced by the other. Also they both operate on different consensus algorithm. We cannot control people's thought or writing but we always send out the right info for all to learn from.

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August 22, 2018, 01:06:40 PM
 #47

Btc is the one and only that's used as storage of value, so it can hardly be compared to anything else at the moment.
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August 22, 2018, 02:15:39 PM
 #48

I also think that bitcoin is more than a currency. This is the symbol of a new technological leap. A new digital economy requires a new tool.
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August 22, 2018, 02:17:56 PM
 #49

I think you're right. It seems to me a mistake to compare bitcoin and other cryptos, because bitcoin was the first and in our time it rather shows the popularity of cryptocurrencies.
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August 22, 2018, 02:39:35 PM
 #50

I don't think it is relevant to compare Bitcoin to Ethereum or comparing any other cryptos to each other. I know its quiet tempting to compare Bitcoin to Ethereum because of their reputations in terms of their market cap and volume.But I do believe that the source of doubt in most people in the crypto community is mostly because of this comparisons made about cryptocurrencies. People who don't really know and understand the ideas and purpose of the creation of cryptocurrency will just share their ignorance to the world, which is not helping the crypto market. People sell their cryptos just because they heard that a particular coin is better than the coin they have. To add to these, I believe dumping of crypto coins is also as a result of this kinda comparisons made by people.  Please let's find a way to talk about cryptos rather than comparing them to each other...... Huh Huh Huh
You are right. Each cryptocurrency have a unique advantage. I love both ETH and Bitcoin, Bitcoin is good to pay the bill, ETH is to buy altcoin. We need to wait and see their futures.
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August 23, 2018, 03:58:19 AM
 #51

bitcoin and ethereum are different, besides of the algorithm are different, those coins cannot compare even for the price. but like other member said, I'd love bitcoin and ethereum too because these coins have a great chance to increase higher in the future and until now, it's the best coin for the investment. maybe right now, the price cannot give much profit for us but I believe that it will happen in the future because these coins are the stronger coin in the cryptocurrency.

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August 23, 2018, 05:28:39 AM
 #52

Yeah each of the coin got their own uniqueness, but when we talked about crypto we talked about value, when we still think crypto as asset, we will keep on comparing, when we got a bunch of money to invest we will start to compare the price and the possibility of rising in the future, its normal to compare between coins when we still think it as investment, and its normal to compare it because we want to look for the best coin to used and to hold
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August 23, 2018, 01:27:48 PM
 #53

I think you're right. It seems to me a mistake to compare bitcoin and other cryptos, because bitcoin was the first and in our time it rather shows the popularity of cryptocurrencies.

Well it can't be helped. Since eth is the second in the market as well as the second alt next to btc, people will always have comparison. Though at this point, eth has a lot of catching up to to at least level with btc. If that's even gonna happen :p

 
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August 23, 2018, 02:16:16 PM
 #54

Bitcoin is an electronic asset which cannot be compare with other alt coins because it has a strong net work systems linked with the modern technology.Its features are very specific and attractive to the global investors. Bitcoins usability is very wide for the daily life of the human being hence its popularity is wide spreading world wide There will not be any other coins are there in the market to compare with the bitcoin .Bitcoins market capital and the daily traded volumes very high so it is the King in the crypto market.
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August 23, 2018, 02:19:07 PM
 #55

I do not think that those people comparing bitcoin with other coins are aware of  the potentials of bitcoin to the world economy in the nearest future.
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August 23, 2018, 02:52:31 PM
 #56

We cannot avoid comparing these two since both are under the same topic, that is, blockchain. Yes, eth is made for smart contracts and bitcoin is focused on p2p transaction, being a store of value but keep in mind that eth can also do what bitcoin is capable of--perhaps even better since it can host several tokens.
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August 23, 2018, 03:14:47 PM
 #57

As long as all these Alt coins is falling under the umbrella of Crypto currencies, people will compare them. We do this with other products too, like cars / household appliances / Food Franchises / Commodities etc. You cannot stop people from doing things that comes naturally.

We are born with the natural instinct to find the best food and shelter and partner, so why should Crypto currencies be any different?  

Completely agree with this, I think it's perfectly normal and good to compare different coins to each other, as long as you're comparing similar functions/aspects of that coin.
How could you measure progress if you're not comparing one coin to another?

Also, I think it's a good thing to have a bit of rivalry and competition between different cryptocurrencies. This serves as a motivation to do better in the future.

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August 23, 2018, 03:18:36 PM
 #58

   Right,we don't need to compare bitcoin to ethereum or other cryptos because they are already different to each other. They have different uses,value and number of demand. Let us just support them if we know that those coins has a potential to grow in crypto world.

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adnandanish102
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August 23, 2018, 03:28:19 PM
 #59

Making a comparison between currencies seriously affects the market cap of that currencies, as investors are always looking for a more reliable and most stabilized currency by means of profit and people will only choose a most suitable currency by comparing it to other currencies and the currency that is progressed more as compared to other currencies and a brightened future currency. So that's why the comparison is important.
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August 23, 2018, 03:47:14 PM
 #60

Why is this even a problem for you if someone compares Bitcoin to altcoins or not. Everyone has a right to have a different opinion on that and has a different perspective .
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