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❕NEWS Ethereum is doing five times better than bitcoin (no. of transactions)

AudraMiller

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There is no surprise that the rivalry between Ethereum and bitcoin has become a major point of discussion and there are many people that are even shifting their investment from bitcoin to Ethereum with this coin showing more promise. However, this can also be seen in the number of transactions. Ethereum was used for over 1.2 million transactions in the last day alone, whereas Bitcoin as only used for just over 200 thousand transactions. What are your thoughts on this?
 

GoldenLady

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Ethereum has more real life usability compared to Bitcoin. Bitcoin is mainly a store of value for most people. Also the price difference may be a factor, since people with low capital may prefer to purchase Ethereum instead of Bitcoin.
 

AudraMiller

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Ethereum has more real life usability compared to Bitcoin. Bitcoin is mainly a store of value for most people. Also the price difference may be a factor, since people with low capital may prefer to purchase Ethereum instead of Bitcoin.
What do you mean in terms of usability? if you look at any place that accepts crypto as a form of payment they will accept both bitcoin and Ethereum so what factors are you considering in usability?
 

GoldenLady

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What do you mean in terms of usability? if you look at any place that accepts crypto as a form of payment they will accept both bitcoin and Ethereum so what factors are you considering in usability?
I dont know the full details, but I believe it has to do with it's smart contracts. People can build games, and also something to do with supply chain management, which is really a problem that needs solving.
 

AudraMiller

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I dont know the full details, but I believe it has to do with it's smart contracts. People can build games, and also something to do with supply chain management, which is really a problem that needs solving.
I see what you are saying and i do agree with you on this as well now that i know what you are referring to. There are many other coins as well that are also based on the Ethereum network as well.
 

Emmanuel24

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I think the reason why people like to go for ethereum mostly is because the price is low and they see possibility of becoming greater than bitcoin soon in it.
 

arif67

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Yeah, i also read a news ghat showing ethereum transactions ratw are increasing than bitcoin than last year. Its great to see that any otger crypto is take position with bitcoin.
 

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I think iwhen it comes to transaction fee , ethereum transaction fee is lower compared to Bitcoin transaction fee that is really high ,I really do hope Bitcoin could find a solution to the high fees and this makes ethereum transaction rate more than Bitcoin own
 

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Bitcoin is already very expensive, so those who missed out want to use this opportunity to invest in Ethereum as they believe it also has very good potential to grow in value.
To make gains from bitcoin you really need to invest , because of how expensive the coin is and the returns the person might make would be very much low since the coin price converting rate would be low
 

Josemendez

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Ethereum is able to outsmart bitcoin because of the fact that it have many use cases that will make it attract investors and increase it's market Capitalization
 

sammyblaq

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Ethereum is the 2nd most known cryptocurrency and i believe the holders and investors are looking forward to it's push up to the level of BTC hence the number of transactions going there in.
I look forward to the rise of the following; XRP, LTC, BTT, Doge, ...
 

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Ever since the year turned over, ETH have been on the profit side, it's investors aren't on the losing side it's even closer to it's best price if $4k, whereas BTC is way back in reaching it's benchmark price if $64k.
 

Henrytuedor

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Its more congestedand popular at the same time then bitcoin to be honest that's why things happening like this to be honest in my opinion .
 

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Well, this is like news to me because I never knew about it until now. I think this is happening because of the low use of Bitcoin for now. But Bitcoin is still the powerful coin when it comes to price
 

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Not at the present, BTC have simply taking the reign back from ETH. The current statistics shows that as the price clock $60,000 at the moment.
 

ahsan510

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In terms of number of transactions of course ethereum is way above than bitcoin. But the fact is that many people do not use bitcoin right now because they are holding their bitcoin money for the more profit as the prices are going up rapidly as compared to the ethereum. Ethereum has big transaction numbers but the volume and size of bitcoin is too high.
 

Sotherefore

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There are a lot of things that I always considered when you are determining the value of a particular Cryptocurrency, The smart chain In the ethereum makes the network have a higher transaction , but the market cap of bitcoins can never be compared to that of ethereum.
 

07Trinity

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There is no surprise that the rivalry between Ethereum and bitcoin has become a major point of discussion and there are many people that are even shifting their investment from bitcoin to Ethereum with this coin showing more promise. However, this can also be seen in the number of transactions. Ethereum was used for over 1.2 million transactions in the last day alone, whereas Bitcoin as only used for just over 200 thousand transactions. What are your thoughts on this?
I do argue this facts not until I used deriv broker and I discovered that etherium is underrated and has a lot to offer when it comes to trading with us dollars.
 

BullyMaguire

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The Ethereums continuous growth is better than Bitcoin these past few months while the market is under the correction and down. Right now it's more of Bitcoin again i think
 

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