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Author Topic: Bitcoin vs Ethereum  (Read 1547 times)
Ararbermas
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December 11, 2021, 11:49:56 AM
 #21

They're both good and very optimistic, infact the most trusted crypto in the market ever since before even though there are some issues and some factors that can really drag their prices down especially when it comes news, and probably that's because of some of the competitors in the space as well, but look what happens after all..ethereum and bitcoin still at the top so in my personal opinion no need to make comparison because obviously they're bot trusted and can guarantee good future wherein unlike other crypto in the market that still want to drag bitcoin and ethereum but still no proof how they can beat it up to now.  Lol
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December 11, 2021, 04:09:15 PM
 #22

For me bitcoin is far superior than any other cryptocurrency. Ethereum is a good cryptocurrency too but bitcoin has the belief from most of the people in the crypto market.
Bitcoin being fully decentralized is trusted by most of the people while Ethereum is less decentralized than bitcoin.
Ethereum also has high gas fees issues which makes bitcoin the better option to make transactions.

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December 11, 2021, 04:27:08 PM
 #23

Bitcoin in some cases serve better than Ethereum because the fluctuations in the price of bitcoin governs the price of other altcoins because bitcoin is the master coin.

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December 11, 2021, 06:09:00 PM
 #24

Bitcoin is no: 1 famous digital token amd etherium is second famous digital token. Bitcoin and etherium are same in many ways, both are digital coin and they are available to trade in many online exchanges. Bitcoin is introduced in 2009 and etherium is introduced in 2015. BTC market supply is 921.15 Bn USDT and etherium market supply is 480.59 Bn USDT. Both are good coins.

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December 11, 2021, 06:28:17 PM
Last edit: December 12, 2021, 03:24:40 AM by MiF
 #25

Btc and ethereum is a leading coin in crypto, btc rank number one in any price tracking platform and if we are going to compare the records we can particularly point the difference between the ethereum and the btc. I believe that ethereum cannot really surpass or reach the bitcoin level, bitcoin is very big enough and no other coin can beat it even ethereum.

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December 11, 2021, 07:07:43 PM
 #26

I was wondering, why (or why not) do you think that Bitcoin is better than Ethereum?

Ethereum seems to provide everything that Bitcoin offers but it has a huge advantage: smart contracts.
Smart contracts are small "programs" that live on the blockchain, so you can use them to build actual services and applications, while Bitcoin is useful only as a digital currency.
If so you must have forgotten that bitcoin is the most profitable investment option in the last 10 years. Have you heard of Elon Musk buying thousands of Ethereum before? or did you ever get Saylor also buy Ethereum? If I'm not mistaken then they both never did that [or I missed something] so bitcoin is not only useful as a digital currency.

OP, you should read a lot about the innovations that exist in bitcoin so you don't misjudge something for compared to which is better and compare the transaction costs of the two here. Bitcoin transaction fees and ethereum transaction fees

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December 12, 2021, 09:13:59 AM
 #27

Quite simple, they do different things so they really aren't comparable at the moment. If Ethereum ever becomes a store of value, then we can talk (it is going to be deflationary soon so maybe), and if Bitcoin can ever have smart contract capabilities like Ethereum then we can see then too. Until then, it is a moo point as Joey would say.

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December 12, 2021, 11:46:58 AM
 #28

Bitcoin and Ethereum have different advantages and have different values and prices. Both are top 1 and top 2 cryptocurrencies till now and bitcoin is still at the forefront, growing in popularity and rising in price rapidly.
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December 12, 2021, 12:17:15 PM
 #29

I was wondering, why (or why not) do you think that Bitcoin is better than Ethereum?
Never that this cross my mind lol, Ethereum will never be best than Bitcoin.

Quote
Ethereum seems to provide everything that Bitcoin offers but it has a huge advantage: smart contracts.
Smart contracts are small "programs" that live on the blockchain, so you can use them to build actual services and applications, while Bitcoin is useful only as a digital currency.
smart contracts but the thing here is will ethereum make it far from what Bitcoin already achieved ? because if does then sure this has already take over the bitcoin rank.
Quote
So why do you prefer Bitcoin if Ethereum seems superior?
Or maybe I'm missing something that makes Bitcoin actually better than Ethereum in some way?
the word you use is Superior , where did you get this? are you being paid by Ethereum team to promote like this?

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December 12, 2021, 01:28:01 PM
 #30

Comparing Ethereum and Bitcoin is something that only the maximalist do on both sides. Bitcoiners call it a scam because it took away a lot of focus away from the ethos of cryptocurrency and made everything about "smart-contracts". The "smart-contract" thing took off because a lot of smart people found that they could raise obscene amounts of money with zero oversight and zero responsibility. This encouraged scammers and builders alike to hop on the bandwagon and that snowballing effect continues to date with DeFi and NFTs.

They are now essentially two very different entities. There is no use comparing the two. Whenever the regulators the world over come to a consensus about ICOs, a lot of these ETH-based businesses will have a reckoning. It is a huge risk for anybody invested and that risk can pay off well or just make them broke. Whoever is willing to take the risk should be ready for both scenarios, no matter what the influencers say.

The same doesn't hold true for Bitcoin. There are enough institutions holding it as well as community that it will continue to have value as the only true, independent money that humanity has ever seen. Ethereum cannot hold a candle to Bitcoin in this department. Both in terms of ethos as well as sheer resilience.

To OP, I would only say this, if you really want to choose between two and become a maximalist, choose Bitcoin. Only Bitcoin maximalism makes sense because it has ethos. Ethereum maximalism is stupid because it is just another product made by centralized coporations. Bitcoin is an embodiment of ideas like freedom, courage, censorship-resistance and equality. Ethereum and others are centralized projects that can end up making you rich if you can make a timed exit or they take off.
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December 12, 2021, 03:46:10 PM
 #31

I was wondering, why (or why not) do you think that Bitcoin is better than Ethereum?

Ethereum seems to provide everything that Bitcoin offers but it has a huge advantage: smart contracts.
Smart contracts are small "programs" that live on the blockchain, so you can use them to build actual services and applications, while Bitcoin is useful only as a digital currency.

So why do you prefer Bitcoin if Ethereum seems superior?
Or maybe I'm missing something that makes Bitcoin actually better than Ethereum in some way?
The answer to this question depends on the purpose. Bitcoin is better than Ethereum as a medium of exchange. Clearly, Ethereum is currently handling transactions way worse than Bitcoin, and the fees are very high. Bitcoin also gained more interest as a form of money by companies around the world than Ethereum did. As for Ethereum, it's a superior platform upon which many other projects can be built. I'd also agree with some others who pointed out the creator of Bitcoin remaining unknown and not affecting its development as a plus.

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December 12, 2021, 05:23:49 PM
 #32

I used to split my portfolio into Bitcoin and Ethereum. Now I am only really keeping most of it in Bitcoin after the recent dip.

Bitcoin and Ethereum are very different crypto asset.
Bitcoin is here to replace the money market, while ethereum is more of an OS for blockchain apps to build on.

Investment wise, I believe there are plenty of alts to look at, there's gamefi/web 3.0/metaverse/defi/L1/L2 tokens everywhere that you can make good returns.

But look at Ethereum (which is supposed to be the better alt), Vitalik pretty much still lead the entire ecosystem forward, fee burn, changing POW to POS.
And look at solana CEO saying it doesn't matter if the blockchain is down again.
Another problem I have with Ethereum is that it doesn't really cost much to kickstart a project, and their potential gain is massive since they are the token issuer.
imo this type of investment is just not for me.

I escape into crypto because I thought crypto can be a way to escape from the reckless policies from central banks, decentralization, DAO etc.

When you look at bitcoin, the hard limit wouldn't ever change, small but important changes with more happening on lightning network etc.
Bitcoin isn't going to break, it is going to transfer bitcoin safely and securely and will only get better, and it doesn't go down.

I feel like bitcoin is just the safest play right now in terms of crypto, everyone underestimate the potential of a new asset class and the strongest one at that
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December 13, 2021, 04:29:51 AM
 #33

I was wondering, why (or why not) do you think that Bitcoin is better than Ethereum?

Ethereum seems to provide everything that Bitcoin offers but it has a huge advantage: smart contracts.
Smart contracts are small "programs" that live on the blockchain, so you can use them to build actual services and applications, while Bitcoin is useful only as a digital currency.

So why do you prefer Bitcoin if Ethereum seems superior?
Or maybe I'm missing something that makes Bitcoin actually better than Ethereum in some way?
There are different things that we can compare and make different conclusion which one is better. Personally I prefer Ethereum to Bitcoin, as I use different defi-projects. Nevertheless, if the consider as currencies, Bitcoin is much more winning. First of all, it is more decentralised and secure. Secondly, it doesn't have such an influencer like Ethereum has in the face of Vitalik Buterin.
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December 13, 2021, 04:41:43 AM
 #34

I was wondering, why (or why not) do you think that Bitcoin is better than Ethereum?

Ethereum seems to provide everything that Bitcoin offers but it has a huge advantage: smart contracts.
Smart contracts are small "programs" that live on the blockchain, so you can use them to build actual services and applications, while Bitcoin is useful only as a digital currency.

So why do you prefer Bitcoin if Ethereum seems superior?
Or maybe I'm missing something that makes Bitcoin actually better than Ethereum in some way?
I think the popularity of Bitcoin is the reason why this happens because Ethereum just come along many years after , that is the point why Bitcoin is the most used and trusted mate.
Bitcoin and Ethereum have different advantages and have different values and prices. Both are top 1 and top 2 cryptocurrencies till now and bitcoin is still at the forefront, growing in popularity and rising in price rapidly.
Yes it is also, the difference and advantage is what these 2 coin become differ to each other.


I hate to be choosy but i will find Bitcoin still than Ethereum.

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December 13, 2021, 07:00:09 AM
 #35

The way Bitcoin is advancing will soon take over the world one day.  Ethereum is not moving forward as it is. I think Bircoin is in the front row, leaving everything behind, why not have both of them if you think that one of them is superior and you can see that the other is superior in the eyes of other investors.  But to be honest, being the first in the market is very important and Bitcoin is more expensive than the gold in the crypto market.  I think I saw the same discussion a few years ago that people are entering Bitcoin because it is stable, not standard but Bitcoin itself is a stable asset that you can guarantee if you hold on to it.  While in Ethereum, its quality is as good as before but this time, its fee is a discouragement that we have been told for Bitcoin Bitcoin, Bitcoin is not an alternative.
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December 13, 2021, 11:09:43 AM
 #36

already explained by friends on above ,honestly having both is better without to have a war between coin ! bitcoin becomes an important role for the price of all altcoins because every investor will definitely start with bitcoin and then switch to altcoins ! times are progressing and there are already several markets that go pair from fiat to altcoin but not still enough to beat bitcoin because the supply is fixed ,while ethereum is not known and will continue to be produced until the Day of doomsday ! Rare products will be more valuable than non rare one

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December 13, 2021, 11:33:36 AM
 #37

Smart contracts can be implemented into the Bitcoin Core blockchain,but I don't see any point in such move.
If smart contracts were so cool and revolutionary,then why isn't Ethereum the number 1 cryptocurrency in the world,dominating the crypto markets and beating Bitcoin in terms of usage,trading volume,price,adoption?
I'm not trying to criticize smart contracts,but they aren't so revolutionary and groundbreaking.
There is only a handful of successful smart contract projects,and most of them aren't that popular.
Smart contracts stopped being a buzzword in the ETH blockchain a few years ago.Currently,the NFTs are the new "cool thing" which was created on top of the Ethereum blockchain. Grin

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December 13, 2021, 01:06:30 PM
 #38

Bitcoin in some cases serve better than Ethereum because the fluctuations in the price of bitcoin governs the price of other altcoins because bitcoin is the master coin.
It's totally clear to the blind and audible to the deaf that without bitcoin existence other coin won't have come in existence, so with the fact, is making bitcoin to have domination over other coins, if properly observe well you will notice that if bitcoin price stabilize or decreases, it really affect any other coin, the acceleration of bitcoin triggers the increment of altcoins, so therefore i agree with you because is very obvious that bitcoin is the Masters of all cryptocurrencies, from my perspective.


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December 13, 2021, 01:14:49 PM
 #39

Bitcoin in some cases serve better than Ethereum because the fluctuations in the price of bitcoin governs the price of other altcoins because bitcoin is the master coin.
It's totally clear to the blind and audible to the deaf that without bitcoin existence other coin won't have come in existence, so with the fact, is making bitcoin to have domination over other coins, if properly observe well you will notice that if bitcoin price stabilize or decreases, it really affect any other coin, the acceleration of bitcoin triggers the increment of altcoins, so therefore i agree with you because is very obvious that bitcoin is the Masters of all cryptocurrencies, from my perspective.

In my opinion, there's no reason to compare these 2 in the first place. Let us accept the fact that bitcoin has its top position in the crypto market and it is the reason why all the other alts have been created and developed like eth. With the creation of eth network, it provides different services that bitcoin can't offer to crypto users. And that we are grateful for their coming to existence. Smart contracts are now heavily used in a lot of applications. But still, people can't ignore the bitcoin dominance in the market. It is like the go-to of even newcomers. And the rest follows.
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December 13, 2021, 02:18:52 PM
 #40

I don't have deep analysis but what i know is Ethereum is same with other altcoins, it launched when bitcoin is already core of cryptocurrency and with only that already made me believe there are no altcoin yet until now which can replace bitcoin. Because it already be core although maybe there are altcoin that will have price more than 1BTC in market.

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