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Author Topic: Bitcoin vs Ethereum  (Read 1457 times)
ice18
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December 16, 2021, 08:05:02 AM
 #61

May people says Bitcoin is far more centralized than Eth, yeah I can agree with it but Eth has more usecase than bitcoin look at smart contract for example its one of the most dominant advantage of Eth, look at how far eth build dapps to makes our life more easier, defi, nfts, P2E all started from eth. But for me no need to compare each other btc is the king and it cant replace by any crypto. 

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December 16, 2021, 10:17:05 AM
 #62

May people says Bitcoin is far more centralized than Eth, yeah I can agree with it but Eth has more usecase than bitcoin look at smart contract for example its one of the most dominant advantage of Eth, look at how far eth build dapps to makes our life more easier, defi, nfts, P2E all started from eth. But for me no need to compare each other btc is the king and it cant replace by any crypto. 

Yep, until now the uniqueness of bitcoin as the beginning of the blockchain industry can not be replaced by other cryptos. Therefore the price of bitcoin is so expensive almost 10 times the price of ETH. In addition Bitcoin is the role model for price movements of all cryptocurrencies. They have an unbroken connection. So I believe that the two coins above are the trader's favorite asset to try to collect more.

R


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December 16, 2021, 10:20:48 AM
 #63

Bitcoin for store of value and Polygon Matic for cleaning up the Ethereum mess. Todays stand.

Ethereum is on what roadmap paint stadium? And difficulty bombs? Grow up.

Throw some "shit" and see what sticks.
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December 16, 2021, 10:52:02 AM
 #64

Bitcoin and Ethereum each have their own advantages. The development of Ethereum is getting better and better. Many people pay more attention to Ethereum than Bitcoin. But Ethereum will still be affected by Bitcoin. Bitcoin is still the big brother in the cryptocurrency market.
Bitcoin will always be the king of crypto so it simply means that its the superior that will always dominate in the market. And i do believe it since bitcoin always takes the lead and when bitcoin creates new achievement, it will definitely leave a huge positive impact on ethereum and with the rest of good altcoins. However, bitcoin and ethereum have different functions in the crypto space. Bitcoin serves as a good store of value while ethereum has smart contracts that is very in demand with different projects we have right now. Although their prices vary much, but they have both advantages that we are benefiting now and that makes them both having high potentials to survive in the market for long.

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December 16, 2021, 11:53:12 AM
 #65

Bitcoin and Ethereum each have their own advantages. The development of Ethereum is getting better and better. Many people pay more attention to Ethereum than Bitcoin. But Ethereum will still be affected by Bitcoin. Bitcoin is still the big brother in the cryptocurrency market.
I still don't get the Idea why people keeps on comparing Bitcoin against Ethereum when the truth is both currencies has their own ways of helping people.
so i know i cannot choose anything  on them because i Hold both of them.
But of course it is Bitcoin that i will prefer if needed to choose one.


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December 16, 2021, 12:32:36 PM
 #66

Bitcoin and Ethereum each have their own advantages. The development of Ethereum is getting better and better. Many people pay more attention to Ethereum than Bitcoin. But Ethereum will still be affected by Bitcoin. Bitcoin is still the big brother in the cryptocurrency market.
I still don't get the Idea why people keeps on comparing Bitcoin against Ethereum when the truth is both currencies has their own ways of helping people.
so i know i cannot choose anything  on them because i Hold both of them.
But of course it is Bitcoin that i will prefer if needed to choose one.



Maybe because they are the top 1 and 2 in the market that's why people keep comparing about it, but if we look closely we cannot really compare this two coins since we all know that bitcoin is hard to be take over by any alts even if its ethereum. But what the best thing here is maybe we should stop comparing it but instead buy both of them and earn with it.

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December 16, 2021, 01:48:16 PM
 #67

i will answer with my version, why bitcoin is more popular than ethereum? because bitcoin is the first, many people more know bitcoin than ethereum, so the price and the popularity are high. i have an analogy, do you know neil amstrong? why he is so popular? because he is the first person that arrive in moon, and do you know  Buzz Aldrin? i think you dont. if you google that name, you will realize that  Buzz Aldrin are an astrounout that arrive in the moon after neil amstrong.

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December 16, 2021, 01:53:13 PM
 #68

I still don't get the Idea why people keeps on comparing Bitcoin against Ethereum when the truth is both currencies has their own ways of helping people.
so i know i cannot choose anything  on them because i Hold both of them.
But of course it is Bitcoin that i will prefer if needed to choose one.



Neither I, I don't think it is good to compare the two top coins in cryptocurrency because both are already known for their valuable use and in helping people, the worth and the value of this token is different in terms of price but both are good for a long term investment. But as much as we don't want to make any comparison about the two top tokens we can't prevent other people to make their own analysis and comparison about Ethereum and Bitcoin, as long as we all knew the worth, the use cases of both crypto there is nothing to worry about other than the volatility of the crypto which is already a given characteristic.
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December 16, 2021, 01:55:17 PM
 #69

I will choose both, but if you give me one choice, I will definitely choose bitcoin, because no one controls bitcoin, not even the government can control bitcoin, unlike ethereum there are definitely some people who control ethereum , so my choice remains on bitcoin..
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December 16, 2021, 01:56:47 PM
 #70

Bitcoin and Ethereum each have their own advantages. The development of Ethereum is getting better and better. Many people pay more attention to Ethereum than Bitcoin. But Ethereum will still be affected by Bitcoin. Bitcoin is still the big brother in the cryptocurrency market.
I still don't get the Idea why people keeps on comparing Bitcoin against Ethereum when the truth is both currencies has their own ways of helping people.
so i know i cannot choose anything  on them because i Hold both of them.
But of course it is Bitcoin that i will prefer if needed to choose one.


That's why it continues to be discussed because these 2 coins have great dominance with the market situation, especially Bitcoin. I hold these 2 coins by assuming different functions because they have their own potential, Bitcoin is used for promising investments with highly decentralized coins due to limited supply. ethehrum with its smart contracts that make blockchain access better but doesn't look as sexy as an investment compared to bitcoin. in my opinion this is the factor that make Bitcoin and Etherum different

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December 16, 2021, 10:29:18 PM
 #71

there are some similarities in bitcoin and ETH but the dissimilarity between ETH and BTC is so vast that holders prefer BTC as an option due to the circulating supply and transaction fees between the two
but for fans and those who have the capital to hold both is an advantage considering ETH has always been number 2 in the number of transactions and price increases after BTC

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December 16, 2021, 10:55:00 PM
 #72

there are some similarities in bitcoin and ETH but the dissimilarity between ETH and BTC is so vast that holders prefer BTC as an option due to the circulating supply and transaction fees between the two
but for fans and those who have the capital to hold both is an advantage considering ETH has always been number 2 in the number of transactions and price increases after BTC
You forgot to mention that it's bitcoin that's first in the market so it has the edge for being chosen as a good long term hold. Holding both is really a good option if you can get to choose both of them. But if you're having a tight budget and you only have to choose one of them, it's best to have bitcoin. And when you have the extra money that you want to invest in ethereum then that's the second priority that you can make.

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December 17, 2021, 06:27:19 PM
 #73

I'm glad there's a person who came well-intentionally and asked this excellent question. I hope the responses you'll get, will satisfy you. To me, it's a matter of opinions of what's better.

You see, newcomers look on a cryptocurrency that way and try to define its value superficially. Does it have these “smart contracts”? Is it better in terms of utility? Could this new feature it has make the difference?

However, they don't ask themselves what's the monetary policy of each cryptocurrency and to be honest, that's the only thing I judge when I evaluate a currency. Even if in “terms of utility” it's better than any other, what to do with it if an entity owns the majority of the coins? Or, what to do if this very entity can have a huge impact on the community or the market?

It's pretty clear that I'm taking part in a highly hierarchical system this way, which I'm strongly disagreed with. And this is what gives Bitcoin its value; the fact that it has the greatest monetary policy, humanity has ever witnessed.

I choose not to compare them in any way other than their monetary policy. Either way, they are two different innovations providing different solutions for different problems. The only common thing they share is that they're both currencies. They can must co-exist.

If I get you right you are saying that Bitcoin has value because there is not a single entity owning the majority of the coins. How do you derive that conclusion? What do you define as an entity? Could an entity be a sector as well, i.e. exchanges as one entity cooperating/colluding driving prices up and down? What about Tether's potential influence? Isn't that rather bad monetary policy than good monetary policy if the price can be affected by blockchain based money printing? I could imagine that the largest exchanges own a majority of the coins altogether. I could also imagine that they do meet up and have strategy talks.

I still see what you are saying here, but some question remain that could very well at least cast doubt to Bitcoin's capacity for sound monetary policy.

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December 17, 2021, 06:42:07 PM
 #74

Bitcoin is a mother coin. I really don't want to compare Bitcoin with Ethereum. If you know the definition of decentralized then only Bitcoin is a truly decentralized cryptocurrency. The smart contract really isn't blessed for the cryptocurrency industry. There is a lot of useless token circulation on the market due to smart contracts. I am not a hater of smart contracts or Ethereum, but the only smart contract isn't enough to compete with Bitcoin. Ethereum is a semi-decentralized cryptocurrency, the team still manipulating markets and could modify the code at any time they want. Here is the Bitcoin is stronger. Also, there are many security issues and burning fees, where Bitcoin is better than Ethereum.
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December 17, 2021, 09:23:22 PM
 #75

I guess, we have nothing to compare as to whether we like it or not, Bitcoin is still dominating the market, and that it measures which one is performing so well. And besides, they have different platforms that it provides their functions and market importance. But even it looks like that, whoever is more powerful or who is dominating the market, people were still investing both of them as it concerns who is on the top but for the profit gain. And gladly, they are good for investment either long-term or short-term.

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DoublerHunter
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December 17, 2021, 09:59:16 PM
 #76

I guess, we have nothing to compare as to whether we like it or not, Bitcoin is still dominating the market, and that it measures which one is performing so well. And besides, they have different platforms that it provides their functions and market importance. But even it looks like that, whoever is more powerful or who is dominating the market, people were still investing both of them as it concerns who is on the top but for the profit gain. And gladly, they are good for investment either long-term or short-term.
^ I consider comparing between gold and silver which is gold is the BTC and silver is the ETH.
Both are expensive right at this moment but always gold has a great advantage, the same goes as the BTC, the betterment was always in favor of BTC than the ETH so why would I choose ETH than BTC, or the option is why would I choose which is better if I can afford to buy them all. They are both upon in holding in a long term and good assets that now leading on the market which is potential that give profit in most holders.
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December 17, 2021, 11:47:08 PM
 #77

I guess, we have nothing to compare as to whether we like it or not, Bitcoin is still dominating the market, and that it measures which one is performing so well. And besides, they have different platforms that it provides their functions and market importance. But even it looks like that, whoever is more powerful or who is dominating the market, people were still investing both of them as it concerns who is on the top but for the profit gain. And gladly, they are good for investment either long-term or short-term.
Bitcoin and ethereum are definitely both cryptocurrencies but they serve different functions. Bitcoin is more on a good store of value and is more capable to reach even higher value compared to ethereum. While on the other hand, ethereum is more usable because of its smart network advantage that most of the projects are benefiting. However, they are both profitable as an investment so even if we know the fact that bitcoin dominates the market, ethereum too is also on top of the whole altcoins and definitely next to bitcoin. Comparing them looks like useless because they both have high potentials to grow more in the future.

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Kelvinid
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December 20, 2021, 11:19:04 PM
 #78

I guess, we have nothing to compare as to whether we like it or not, Bitcoin is still dominating the market, and that it measures which one is performing so well. And besides, they have different platforms that it provides their functions and market importance. But even it looks like that, whoever is more powerful or who is dominating the market, people were still investing both of them as it concerns who is on the top but for the profit gain. And gladly, they are good for investment either long-term or short-term.
Bitcoin and ethereum are definitely both cryptocurrencies but they serve different functions. Bitcoin is more on a good store of value and is more capable to reach even higher value compared to ethereum. While on the other hand, ethereum is more usable because of its smart network advantage that most of the projects are benefiting. However, they are both profitable as an investment so even if we know the fact that bitcoin dominates the market, ethereum too is also on top of the whole altcoins and definitely next to bitcoin. Comparing them looks like useless because they both have high potentials to grow more in the future.
Exactly, and instead of people comparing them to who is best, why not invest them both if we are just about to invest in crypto. And instead of comparing them which is best and which is not, maybe we have to take a look deeper what these things can make changes in our life as they both have "different functions" that separates the two and will give us different results as well.

It is very usual that most investors will choose BTC over ETH, well, that is their take and I don't have to oppose that. The most important is we know that both of them have market potentials and have an important role in crypto.

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kaya11
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December 21, 2021, 11:01:12 AM
 #79

Even in mine head lies that question for how many years, and never had the right answer why. Some says it was the first crypto currency, so it is better than eth. I never really did come to a point of choosing between the two, but if time brings me to it then I would choose eth, as there are so smart contracts that relies on it and it won't be easy to ignore.
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December 21, 2021, 02:06:11 PM
 #80

I guess, we have nothing to compare as to whether we like it or not, Bitcoin is still dominating the market, and that it measures which one is performing so well. And besides, they have different platforms that it provides their functions and market importance. But even it looks like that, whoever is more powerful or who is dominating the market, people were still investing both of them as it concerns who is on the top but for the profit gain. And gladly, they are good for investment either long-term or short-term.
As long as we can use both bitcoin and ethereum for our benefit, we will not compare both because both bitcoin and ethereum work well for us. Bitcoin and ethereum perform well for me and I still hold both coins for a short and long-term investment so I don't want to compare bitcoin and ethereum. People will also use bitcoin and ethereum to make more and more money and that is what we must do because bitcoin and ethereum will give us a big profit in the future.
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