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Author Topic: Bitcoin vs Ethereum  (Read 1459 times)
stepwilli
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February 17, 2022, 02:46:34 PM
 #121

The both of them are great. No one is saying that ETH is not a good cryptocurrency, we all know that ethereum is good, but for the fact that Bitcoin is the first that was created, that gives it the first comer advantage, and we would hardly see any other cryptocurrency that would be able to replace Bitcoin in the market. It’s just as the same way that we would hardly see any altcoin that would be able to replace Ethereum from its top position in the alternative cryptocurrency market.

Yes, Ethereum has lots of great features, such as the smart contract which is the major thing about it, but I still believe that there are ways that Bitcoin is good and makes a better choice than ETH. But there isn’t any need for us to be comparing them, just go for whatever you think is best for you, and it wouldn’t be bad if you go for the both of them.
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February 17, 2022, 03:39:08 PM
 #122

Bitcoin has been recognized in various countries of the world with a high level of trust as an investment coin and is important to have even though it has no utility, at least that's what makes bitcoin sexy as an investment coin, different with Etherum which has extraordinary utility, the ability to drive Blockchain systems and smart contracts in every business. This transaction is the reason why many strong developers are born from ERC20 smart contracts. nothing bad and nothing better BTC and ETH have their own concept on the coin they have

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February 17, 2022, 03:40:50 PM
 #123

Being the first in the market doesn't mean that bitcoin is better than Ethereum - it's because bitcoin is stable, not the value. While Ethereum is quality, it has a fee that discourages people from investing.
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February 17, 2022, 10:32:31 PM
 #124

~
value, that's the benchmark why I prefer bitcoin over ETH,
where bitcoin deserves to be a long-term investment, with an increasing value even though sometimes the correction stage makes the heart cry seeing the red candle burning like a raging bull
If value alone is a benchmark then you will be crying your heart out on a fortnight basis because it is a highly volatile market and the market moves in either direction in a short period of time Tongue.

Going with the underlying technology right now BTCitcoin is a store of value and ETH is a unbearable token as it became a useless commodity after the higher transaction fees. In every aspect i am always with BTCitcoin.
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February 17, 2022, 11:02:58 PM
 #125

In my opinion, why bitcoin is superior to ethereum, because cryptocurrency is known as bitcoin, so bitcoin was first known and more popular than ethereum, but actually ethereum has advantages over currency.
Yeah, when someone knows crypto and he has introduced that to a newbie. That newbie probably have heard of cryptocurrencies and he's going to say that he knows bitcoin. It happens most of the time that the newbies get to know more bitcoin than any other altcoin.
But as per Ethereum, those that are into many altcoins. They might also be aware of ethereum as it's the first chain that has a lot of projects working on as erc20.

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February 20, 2022, 10:26:14 PM
 #126

Both Bitcoin and ethereum are decentralized but Bitcoin is more anonymous than ethereum because Bitcoin Creator Satoshi is unknown which make Bitcoin network hard to be an influence but the owner of the ethereum is known and have frequently tempered with ethereum network code either inform of forking or network scalability process which in most cases leads to more vulnerability in the Ethereum network.
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February 20, 2022, 11:50:05 PM
 #127

Being the first in the market doesn't mean that bitcoin is better than Ethereum - it's because bitcoin is stable, not the value. While Ethereum is quality, it has a fee that discourages people from investing.
Cant really deny that erc20 blockchain utility and the tech behind is much better than off with Bitcoin and thats why no doubt that it do place 2nd in overall market but i wouldnt
be surprised that one day it would really be replaced by some altcoins but its way too early to say that.

Nothing is assured when it comes on future talks thats why its better not to anticipate or hope that much so that you wouldnt really be ending up on getting
frustrated because you havent able to meet up your expectations.

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February 21, 2022, 02:20:54 AM
 #128

Bitcoin is the most widely used cryptocurrency compared to ethereum, and the two were not created to fight because ethereum will not be able to beat bitcoin.
bitcoin and ethereum are two of the most used cryptocurrencies by far and both are without a doubt the most valuable cryptocurrencies in terms of market cap and ethereum market cap is only half that of bitcoin, and both will stay in first and second place forever.
We all keep saying that Ethereum won’t be able to beat Bitcoin, but we all know that the future is uncertain. None of us can be able to tell what exactly would happen, but as we are seeing it right now Bitcoin seems formidable in its position, and it seems unlikely that any other cryptocurrency would be able to reach the level of taking the number one position from Bitcoin. Of course, it’s possible that Bitcoin can stay in that number one position forever, and as for Ethereum, we have seen once when Ethereum coin was beating to the second position, buy Ripple (XRP).

You don’t seem to understand that they aren’t competitors. Bitcoin is a coin who’s value is underlying through being an asset, store of value and payment system. Ethereum is a smart contract coin who’s purpose is building applications on. Lastly XRP is an utter shitcoin that is centralized.
Actually, both of them have their own benefits and uses. Theres no need to compete with these two popular currencies.Bitcoin is the king while the Etherium is the Queen. Thats it.
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February 21, 2022, 02:53:32 AM
 #129

Actually, both of them have their own benefits and uses. Theres no need to compete with these two popular currencies.Bitcoin is the king while the Etherium is the Queen. Thats it.

We think it is the blockchain generation then Ethereum is the second generation. Ether is an alternative technology that provides more solutions regarding its adoption. But I see BTC as special. No one can eliminate that, not just value in my opinion. But there are other values that may result in confidence in Bitcoin still being high from other altcoins. Although I know the generation will continue to grow whether it will survive until when but at the moment it looks like it is going to start.

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February 21, 2022, 09:31:50 AM
 #130

I was watching yesterday the TechLead guy: https://www.youtube.com/watch?v=6Sxb2dKRi08 He said that he sold all his Ethereum because is garbage and the gas fees are too high.
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February 21, 2022, 01:10:35 PM
 #131

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?

For me, bitcoin is still superior to eth. Although I know for a fact that both are to complement one another and not to compete with each other because after all, they are made for different purposes and they have different dynamics. Bitcoin is considered the "founder" and starting point of cryptocurrency. It is considered digital gold because of its uses such as being a medium of exchange and store of value which is similar to physical gold's uses. Meanwhile, Ethereum is considered as a digital ubiquitous because it could be used in different aspects and applications such as being a token in most NFTs and the likes. It is used to create different applications and it has smart contracts which you've mentioned to build various things in the blockchain.

Bitcoin is more volatile than eth which makes it have a high reward in exchange for the high risk taken. Bitcoin has a limited supply which makes me conclude that it will have a higher value in the future due to the law of supply and demand. Bitcoin has a lesser amount in circulation compared to eth in the market. But let's not pit them from one another because after all, they serve different objectives. It's still a matter of preference regarding superiority after all. If you are more to investing and trading, bitcoin is ideal. But if you are into having a wide reach of applications, then eth is ideal. However, it's still better to have both. You can never go wrong in having the two top coins in crypto.
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February 21, 2022, 01:12:22 PM
 #132

For me its not BTC or ETH its Bitcoin and Ethereum i love both <3
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February 21, 2022, 01:16:00 PM
 #133

Bitcoin vs Ethereum is a highly discussed topic across the globe. Quite a serious and recurring speculation in my opinion, Bitcoin is only considered the ‘golden’ coin because of being launched first. Ethereum on the other hand has also offered significant growth throughout its journey. So, yes, both have their own pros and cons and why not purchase both?
Because it's expensive to buy bitcoin unlike ethereum which you can get much value out of and the network of ethereum has more usage than bitcoin, I think that Axie Infinity uses Ethereum network for their game plus it's a chance for some people to try and replicate the success of other people who have bought bitcoin and so they try and get ethereum in hopes that they might get the chance.



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February 21, 2022, 01:43:34 PM
 #134

I also think about it,on why BTC more precious than eth or having a great value than eth, if we look at the use case of ethereum we can really say that it is also great,but I never argue to anyone about there decisions of choosing on btc or ethereum that was Thier own decision so it's up to them. The best part here is we can invest both of them and earn so let's buy both and earn for good.

There is a reason on why other cryptocurrencies beside BTC are called "altcoins", which signify that the latter are also coins that just alternate or better versions of BTCs. Though what drives the price of BTC in the market is the law on demand and supply, lots of these altcoins have generated significant returns in the past few months/years.

Personally, I would recommend diversifying one's portfolio by also investing in these altcoins, specifically ethereum. Lots of these altcoins also have been gaining recognition which puts them on the same spot as BTC's recognition and legality.
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February 21, 2022, 01:51:02 PM
 #135

I also think about it,on why BTC more precious than eth or having a great value than eth, if we look at the use case of ethereum we can really say that it is also great,but I never argue to anyone about there decisions of choosing on btc or ethereum that was Thier own decision so it's up to them. The best part here is we can invest both of them and earn so let's buy both and earn for good.
I think you are may be missing some point where we can really say that btc is more precious than any other coin on crypto market .As we all know that bitcoin is totally a decentralized coin and no one can control it cause the founder of the coin are still unknown so that definitely its a open coin which is going through as the trader and investor play with it .On the other hand eth has a team though work hard to established their coin to make the value high but they can control and can make any decision to control it .So why not we need to invest on btc first which are not control by anyone or any team .I can easily say that btc is always a precious coin on this digital world .

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February 21, 2022, 04:49:10 PM
 #136


Actually, both of them have their own benefits and uses. Theres no need to compete with these two popular currencies.Bitcoin is the king while the Etherium is the Queen. Thats it.
Right!. Bitcoin is king, ethereum is queen, both have their own duties. Bitcoin has created a whole new digital world and brought privacy to its users through its decentralized feature. Ethereum is highly scalable which helps the cryptocurrency market to grow and become more popular. So we don't need to compare both, invest both and use both.

If continue your analogy. Who then is Bitcoin Cash in this deck of crypto cards? Ace? - No, no! More like an 2 card.  But I would generally throw this card out of the deck. Smiley I digress a little.

It seems a little strange to me to oppose Bitcoin and Ethereum. Each of these coins has its own role and function. Moreover, in different periods of crypto formation, it is completely different.

So we don't need to compare both, invest both and use both.
Well said. Because I don't understand those who are fan Bitcoin or Ethereum either.

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February 21, 2022, 11:15:50 PM
 #137


Have it in your mind that bitcoin is the father of cryptocurrency, and you don't expect your offspring to suddenly dumped because of little advantage to overshadow your circle and potentials in the society. No matter what advantage Ethereum has, keep this to yourself that Bitcoin is still the head in price and uses. Bitcoin is still moving the market in full force whereby every other token or crypto projects are following along.

On my end, just be thankful that we have bitcoin and ethereum today. They have different applications and crypto users are benefiting from their existence. Don't look for which one is better than the other. Let us embrace the fact that both networks are needed to advance the adoption of crypto. Bitcoin started it all, so we should not neglect its important role in crypto market.
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February 22, 2022, 03:54:19 AM
 #138

Bitcoin transactions can be verified in 10 minutes while Ethereum transactions can be verified in 10 seconds. It is the biggest advantage of ETH over Bitcoin.

I think it depends on the density of the network. If it's a tissue, I think it's going to be faster. But in some articles I read on average in 10 minutes Bitcoin was able to confirm between 3-7 transactions. Ether 15-25 confirmations in the span of 6 minutes.
I think the newer generation of Ethereum then he's trying to eliminate the flaws in Bitcoin. Indeed, the scalability of bitcoin is an issue that continues to be debated.

Source: https://phemex.com/blogs/what-is-transactions-per-second-tps

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March 15, 2022, 02:38:45 AM
Last edit: March 18, 2022, 03:10:57 PM by ChiBitCTy
 #139

There is big different in Bitcoin and Etherium both are different blokchain. BTC max supply is 21m and Etherium max supply is N/A. And there is big different in market cap, etherium has 292.68 bn USDT and BTC has 681.22 bn USDT.

You’re right there is a big difference between the two coins. Primary it’s what they are used for. What it comes down to is bitcoin is a currency and a store of value (this will improve over time). Ethereum is all based on smart contracts and isn’t trying to compete with bitcoin head to head. People often get confused thinking that the two are competitors or the same thing.

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March 15, 2022, 04:01:15 AM
 #140

Bitcoin is not necessarily better than Ethereum, but everyone supports bitcoin because it is the birthplace of the cryptocurrency market, creating a world of financial freedom for us thanks to the concept of decentralization. Satoshi is the creator of bitcoin but he is completely anonymous and no longer visible, which makes bitcoin safer than many other altcoins. Ethereum has Vitalik Buterin and he is still the head and most important developer of ETH. It would be some kind of risk that if he announced his departure from ETH or something happened to him, ETH would fail.

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