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[haghdk]

Having been using ETH a lot lately made me think about the use of cryptocurrencies, mainly Bitcoin and ETH and it made me wonder why Bitcoin is the one everyone is taking about and are the one mainly presented with use cases?

I have read many times why cryptocurrencies at the moment can't be used to buy coffee, as an example, because of the fees and the confirmation time - again Bitcoin was set as an example - but in this particular use case, ETH would be a lot better currency. A lot lower fees, and a very fast confirmation time - depending on GAS of course. ETH, as I see it, could be used to buy coffee at f.x. Starbucks, today.

ETH is steadily shifting towards my preferred cryptocurrency - and I am in love the smart contract part.

Is there something I've missed in my long lasting hunt for real time cryptocurrency use cases? :)

 

[Wisdom01]

yeah this is a question what im gonna ask from the forum, and what is gas fee in ethereum ? will it rise in future ? hope to buy some eth

I think the gas fee and transaction fee might rise in the future ,if the price of etherum increases with more userbase and transaction going on

 

[Niftyicon]

yeah this is a question what im gonna ask from the forum, and what is gas fee in ethereum ? will it rise in future ? hope to buy some eth

You must have your answer now; and I must confess that the gas fees is way higher than anyone could have anticipated in the past.

 

[Rollerkid]

Having been using ETH a lot lately made me think about the use of cryptocurrencies, mainly Bitcoin and ETH and it made me wonder why Bitcoin is the one everyone is taking about and are the one mainly presented with use cases?

I have read many times why cryptocurrencies at the moment can't be used to buy coffee, as an example, because of the fees and the confirmation time - again Bitcoin was set as an example - but in this particular use case, ETH would be a lot better currency. A lot lower fees, and a very fast confirmation time - depending on GAS of course. ETH, as I see it, could be used to buy coffee at f.x. Starbucks, today.

ETH is steadily shifting towards my preferred cryptocurrency - and I am in love the smart contract part.

Is there something I've missed in my long lasting hunt for real time cryptocurrency use cases? :)

Many people don't use ethereum because of the high gas fee, bitcoin too has transactions fee but ethereum gas fee is becoming worse. Many people are interested in ethereum and the only that stopped them using it for daily activities is because of the high gas fee.

 

[George10640]

Ethereum have high transactions charges .Most sites are not using it anymore as a payment method .I used to withdraw via ethereum but It has been disabled until further notice due to the fluctuations of higher charges.Other Cryptos are still in use like litecoin with favourable charges.I don't understand the reason behind high charges associated with it.I do believe with time the issue will be resolved.

 

[Brymo]

Having been using ETH a lot lately made me think about the use of cryptocurrencies, mainly Bitcoin and ETH and it made me wonder why Bitcoin is the one everyone is taking about and are the one mainly presented with use cases?

I have read many times why cryptocurrencies at the moment can't be used to buy coffee, as an example, because of the fees and the confirmation time - again Bitcoin was set as an example - but in this particular use case, ETH would be a lot better currency. A lot lower fees, and a very fast confirmation time - depending on GAS of course. ETH, as I see it, could be used to buy coffee at f.x. Starbucks, today.

ETH is steadily shifting towards my preferred cryptocurrency - and I am in love the smart contract part.

Is there something I've missed in my long lasting hunt for real time cryptocurrency use cases? :)

Don't know

 

[Brain]

People use motre of bitcoin than ethereum because it is more popular or known by virtually everyone that is new to cryptocurrency, the simplicity of it wallet unlike the ERC wallet that is kinda complex to use.

 

[Brain]

People use motre of bitcoin than ethereum because it is more popular or known by virtually everyone that is new to cryptocurrency, the simplicity of it wallet unlike the ERC wallet that is kinda complex to use.

The whole truth anchor on the popularity of Bitcoin and it's simplicity of use. A lot of sites readily accepts btc than eth too

 

[Niftyicon]

Ethereum have high transactions charges .Most sites are not using it anymore as a payment method .I used to withdraw via ethereum but It has been disabled until further notice due to the fluctuations of higher charges.Other Cryptos are still in use like litecoin with favourable charges.I don't understand the reason behind high charges associated with it.I do believe with time the issue will be resolved.

I really wish the gas fee issue can be resolved because if this causes people to turn away from Ethereum, the price may not come back up when bitcoin does.

 

[SCAMEXPOSER]

At a point lots of people were shifting base from bitcoin to ethereum simply because of the high transaction fee then but the gas fee has scared people away from ethereum.

 

[Josemendez]

Presently, ethereum is the best and most widely used cryptocurrency most of the these new defi projects built their projects on the ethereum network, and many still leverage ethereum for transaction purpose

 

[Niftyicon]

Presently, ethereum is the best and most widely used cryptocurrency most of the these new defi projects built their projects on the ethereum network, and many still leverage ethereum for transaction purpose

I agree that several projects are built on the ethereum network but ethereum itself has scared people off with the high gas fees.

 

[Josemendez]

I agree that several projects are built on the ethereum network but ethereum itself has scared people off with the high gas fees.

That is true, but I still feel that there is something about ethereum network that attracts people to it making them able to use them for project unlike other network

 

[Niftyicon]

That is true, but I still feel that there is something about ethereum network that attracts people to it making them able to use them for project unlike other network

I guess something works better on that network, though I know nothing about that but makes me wonder why ETH cannot reflect same when it comes to its fees.

 

[NaGod5]

Ethereum is not the most used because Bitcoin came before it and Bitcoin is well known and used by the big boys around. It's far easier to exchange Bitcoin than ethereum for money.

 

[microunit]

answer is kinda just simply because, bitcoin is the first ever cryptocurrency and so it gained alot more popularity than ethereum, ethereum did get popular due to its smart contract and erc coins, though tron seems to be overtaking eth, I think eth will rise back again after eth2.0

 

[Josemendez]

Ethereum is not the most used because Bitcoin came before it and Bitcoin is well known and used by the big boys around. It's far easier to exchange Bitcoin than ethereum for money.

The numbers of project built on the ethereum network has out numbered the ones built on bitcoin by double . Bitcoin is used well but few projects uses the network

 

[microunit]

The numbers of project built on the ethereum network has out numbered the ones built on bitcoin by double . Bitcoin is used well but few projects uses the network

yep, because of ethereum's smart contract stuffs, and the erc coins you can create with ethereum, most indie devs are using eth to launch their own coins