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Author Topic: Comparison of Bitcoin and Ethereum  (Read 185 times)
cafucafucafu
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October 15, 2021, 09:53:41 AM
 #21

Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin

No.

Bitcoin's intrinsic value comes from its scarcity and store of value properties.

Ethereum is designed to be used in DeFi, smart contracts, NFTs, etc.

You can't say that they are even in direct competition with one another. This is why the flippening narrative is never gonna pan out.

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October 15, 2021, 11:30:55 AM
 #22

Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
I hope your brain is still very normal in thinking about this, because if you look at the decades-old age of Bitcoin, it is unlikely to be overtaken by younger coins like Ethereum, because it is not only related to smart contracts, but also affected by supply and demand and also from price movements when Bitcoin declines, because in general Ethereum often experiences a decline in price when Bitcoin experiences a price decline in the market, so what's the story to overtake Bitcoin if it still happens to Ethereum ? Grin Huh

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October 15, 2021, 03:28:24 PM
 #23

I hope your brain is still very normal in thinking about this, because if you look at the decades-old age of Bitcoin, it is unlikely to be overtaken by younger coins like Ethereum, because it is not only related to smart contracts, but also affected by supply and demand and also from price movements when Bitcoin declines, because in general Ethereum often experiences a decline in price when Bitcoin experiences a price decline in the market, so what's the story to overtake Bitcoin if it still happens to Ethereum ? Grin Huh
The situation in people's minds is that ETH has a better blockchain and that is why it could be going over bitcoin. I agree with them in the part about how eth has a better blockchain, it is really better than blockchain of bitcoin. However we all know that there are better blockchains than even ethereum as well, and yet they are not going above ethereum, which is a proof that blockchain is not the only thing that makes something list higher.

Of course, it is something that helps however it is not the only thing neither. In the end popularity is a very important part of it and I think that it is obvious that we should not be focusing on just one part, focus on ALL parts of a coin to see if it gets listed higher. I agree that eth will not be listed above btc, but I still agree the blockchain is better in eth.

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October 15, 2021, 04:09:41 PM
 #24

Even though ETH has very high quality technology and smart contracts, and ethereum is also widely used in transactions in crypto, but I never thought that etherem would rival the popularity of BTC ever, because BTC is a coin that is highly prioritized as an investment by everyone.  , because in addition to its increasing price, BTC also has a very limited supply, while ETH has a very abundant supply on the market, of course it is very unlikely to be able to match BTC's record.  but even though the comparison of BTC and ETH is very far, etherem is an altcoin that is very worth investing in because it is very promising.

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October 15, 2021, 07:41:32 PM
 #25

Even though ETH has very high quality technology and smart contracts, and ethereum is also widely used in transactions in crypto, but I never thought that etherem would rival the popularity of BTC ever, because BTC is a coin that is highly prioritized as an investment by everyone. 
Even if he forget the limited number of coins in circulation, i am yet to grasp the high quality technology you are talking about. We can include smart contracts in the BTCitcoin blockchain but it will be heavy duty and eventually we will struggle with scaling and so is the reason we did not activate that. ETH on the other hand said they would scale massively and what is the transaction fees you are giving now, i can bet that you will be spending over $40 to make a transaction and anyone active in the NFT market very well know how much fees they loose for every transaction.
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October 15, 2021, 09:05:32 PM
 #26

Because Ethereum has better technology and smart contracts, I think the price may catch up with BTC in the future, what is your opinion Grin
You are over escalating about the Ethereum technology compared to Bitcoin, plus the comparison of the price is far from getting close. I think Ethereum need more than a decade or century before reaching this price while Bitcoin price is on another level of bull run. It's because both have a different circulating supply. It's just a basic economics, demand and supply.

Plus, Bitcoin on the other hand is considered as an asset or a store of value, just like gold. That's why most investors prefer to invest in Bitcoin than in any other altcoins.

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October 15, 2021, 09:36:18 PM
 #27

ethereum will not be higher than bitcoin in the future in terms of price, because bitcoin is king and the only one crypto that has a better place in society/community than any altcoin including ethereum ,bitcoin is also second to none ,the less that has been mined ,the scarcity is also shrinking it can mean that one day the price of bitcoin will be more expensive/high than its today

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