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Author Topic: I think Ethereum is more dynamic than bitcoin  (Read 417 times)
bigjuk
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November 10, 2021, 11:26:52 PM
 #61

I think ethereum can't be more dynamic like bitcoin, if ethereum can work like bitcoin it's impossible, as we see in the crypto market bitcoin works very well compared to other coins, indeed eth is the second number listed in crypto.

Each coin has a different concept for developing Mate, so they will never be the same, and if for example ETH could be the same as Bitcoin then the transaction fees would also be insane, even crazier than now.

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November 11, 2021, 09:42:00 PM
 #62

Yes, of course Ethereum is more dynamic than Bitcoin. Bitcoin doesn't have really big features and it is not cared very much in terms of development. But it is not the same for Ethereum. The developers are always working on new updates. Ethereum 2.0 is really promising. As long as Ethereum keeps being updated, it can even dethrone Bitcoin after some point. Bitcoin is just enjoying its spot for now.

There is one improvement in the calendar on Bitcoin which is Taproot activation, should happen this week.

What do you mean that Ethereum 2.0 is promising? it didn't solved the gas fees right? well, that's what I heard as people is till complaining about it because now it is more expensive than bitcoin itself.

Ethereum might be dynamic because obviously the devs are very active, but it seems that's one of it's drawback though, issues after issues have arises and the devs can't cope up with it and their iteration releases are always behind schedule.
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November 12, 2021, 01:36:09 AM
 #63

In terms of function, Ethereum is indeed more comprehensive than the actual application of Bitcoin. Ethereum is more functional. Bitcoin is the leader and the king of the industry. The earliest digital currency is the consensus of the future. This is also difficult to shake.
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November 12, 2021, 03:14:40 AM
 #64

Ethereum is adopting new technologies, it is developing new DAOs so people have a big choice of how to work on this market.
We can work with NFT projects, we can trade, we can invest in defi-projects, so Ethereum gives a lot of opportunities, while Bitcoin gives us the only opportunity to hold and wait when the price grows.
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November 12, 2021, 02:11:10 PM
 #65

Yes..of course with your opinion but I say different because bitcoin is king of all coins in crypto market including ethereum and even now btc price is very high and many investors join there, they know profit almost, they get rich in no time and they have a lot of experience about it.

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November 12, 2021, 04:07:54 PM
 #66

In terms of market capitalization, bitcoin and ethereum are the world's two most valuable cryptocurrencies. However, Ethereum's goal differs from that of Bitcoin. With Ethereum, on-chain transactions can be processed more quickly than Bitcoin, with significantly different uses and goals. What makes Ethereum appealing is its simplicity. Ethereum is much more dynamic than Bitcoin. There is a limited supply, and it has a proven network.

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November 13, 2021, 05:12:24 AM
 #67

True, ethereum is a very dynamic coin because it can be used for multi projects, even if in total all tokens and ethereum it already controls more than 65% marketcap and bitcoin is only about 18% marketcap, this is what makes me believe that one day ethereum will replace bitcoin in the first position.

Well, the truth is, I do not think that ETH will replace BTC, ETH is very good, it has its own network for carrying out projects and has a considerable currency value, however it is necessary to highlight that it has many cons, in the network eth its fees They are exaggeratedly expensive, these days I changed a couple of currencies that they paid me on the ETH network and they charged me more than 150USD in pure commissions, for many it is nothing, but for me that is too much, also if we take into account that each time that BTC falls in price ETH suffers very radical falls, and BTC has a life of its own, while ETH does not, those are the reasons why ETH can never replace BTC.

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November 13, 2021, 05:42:05 AM
 #68

Being dynamic doesn't make it bigger, I mean it has been more dynamic for years and it has been under bitcoin for a long time anyway. This means that as long as you end up working towards just being more dynamic, then you are not going to get bigger. What I believe ETH needs right now is getting more viral, we have seen Ashton Kutcher promoting XRP before, we have seen Elon promoting Doge, we have seen famous people talk about crypto all the time.

However we have not seen too much from ETH, same Ashton Kutcher actually had a video with Vitalik as well but it didn't get too famous, it was just instagram I believe, we need more famous people doing more viral stuff to get ETH to a higher level. It could happen, but it requires a lot more involvement from celebrity world, could be financial like company CEO's that are known like Bill Gates or Jeff Bezos and such, or it could be just Hollywood people as well.

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November 13, 2021, 06:24:46 AM
 #69

In terms of function, Ethereum is indeed more comprehensive than the actual application of Bitcoin. Ethereum is more functional. Bitcoin is the leader and the king of the industry. The earliest digital currency is the consensus of the future. This is also difficult to shake.


Ethereum is dynamic because many projects are based on Ethereum and make the use of ethereum continue to increase, if in total, ethereum and ERC20 platform projects dominate the marketcap up to 65%, unfortunately ethereum transaction fees are currently very expensive, so that the development of ethereum to dominate the market will be hampered.
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