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[AudraMiller]

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?

 

[Skysaint]

I can't help but see many individuals talking about the growth and potentials of Ethereum. Most crypto traders even said that it might as well surpass Bitcoin in the future

 

[a_jerobon]

It is so awesome to see etherium getting ahead of Bitcoin this much. It only shows that more people prefer it nowadays over bitcoin. Which is a great thing for people to have various methods of investment.

 

[Kennysplash]

The edge Bitcoin had over Ethereum is time. Since it is the first cryptocurrency, everyone knows it more and will rather invest in it. But when it comes to good profits, especially long term Ethereum is doing better than Bitcoin. Another reason why people might not be interested in Ethereum is the high fees in it's smartchain.

 

[Skysaint]

Although I am not into the coins you just made mention of but I think it's about time that most investors change their mindset towards many alticoins because in the real sense, they are actually performing better than Bitcoin.
You can't even invest in Bitcoin if you don't want to hold your investment for a very long time, like for years to come and you should make sure that the investment amount will be huge enough.

 

[AudraMiller]

The edge Bitcoin had over Ethereum is time. Since it is the first cryptocurrency, everyone knows it more and will rather invest in it. But when it comes to good profits, especially long term Ethereum is doing better than Bitcoin. Another reason why people might not be interested in Ethereum is the high fees in it's smartchain.

I do agree with you here however i think that time right now is a very small factor when it comes to the cryptocurrency world because there are a lot of people that are able to look past this and in turn they are able to look at the benefits that the coin can offer over one another.

 

[Niftyicon]

I do agree with you here however i think that time right now is a very small factor when it comes to the cryptocurrency world because there are a lot of people that are able to look past this and in turn they are able to look at the benefits that the coin can offer over one another.

I think that time does have a huge role to play or maybe 'timing' would be the appropriate word. Bitcoin has no exclusive use cases when compared to Ethereum but still draws the highest number of investors and dominates the crypto market. It also has the highest trading volume on most exchanges most days, so, the reputation is from it being the very first coin.

 

[AudraMiller]

I think that time does have a huge role to play or maybe 'timing' would be the appropriate word. Bitcoin has no exclusive use cases when compared to Ethereum but still draws the highest number of investors and dominates the crypto market. It also has the highest trading volume on most exchanges most days, so, the reputation is from it being the very first coin.

I think that bitcoin has a high trade volume because of hte pairs that it has as well in terms of if you look at bitcoin trades with other coins as well and therefore i think that this is a much better way to show that bitcoin is dominant in those trading divisions and circumstances.